Real Estate Investing in Council Hill, Oklahoma (74428)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74428 (Council Hill, OK)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 27.8% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Council Hill, OK (74428)?
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Market Analysis: 74428 Council Hill
ZIP 74428 in Council Hill, OK carries a sturdy set of headwinds. Home values near $234K and rents of $927/mo sit inside a market where underwriting has to be tight.
The investment case in 74428 is resilient only for operators who understand what they are buying. A $234K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Council Hill have seen price recovery that 74428 has not matched. Muskogee County data supports the view that the spread is structural rather than temporary.
The 74428 ZIP's population of 730 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Distressed ZIPs reward experience. notable returns are possible in 74428, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Council Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 74428 Compare?
| Metric | 74428 | Council Hill | Muskogee, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $234,298 | $234,298 | N/A | $214,563 |
| 5-Year CAGR | 4.4% | 4.4% | N/A | 6.9% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74428 (Council Hill, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $234,298 |
| Monthly Rent | $927 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 74428
Population: 730
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 74428
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Are landlord laws favorable in Council Hill, OK?
Rental owners in Council Hill, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Should investors consider Council Hill, OK?
With a 3.0/5 investability score, Council Hill, OK ranks as a solid market for rental property investors. Median prices of $234K and rents of $927/mo drive the underlying numbers.
Are renters plentiful in Council Hill, OK?
Council Hill, OK draws a steady base of working renters. Demand at the $927/mo rent level is reasonable for standard single-family and small multi rentals.
Are rents high in Council Hill, OK?
Rents in Council Hill, OK run near $927/mo. Compared with median home prices of $234K that produces solid gross yields for typical rentals.
What are home prices like in Council Hill, OK?
Median home price in Council Hill, OK is near $234K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
You know 74428 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74428 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 74428 ranks in Muskogee, OK
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Community Ratings
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