Real Estate Investing in Calvin, Oklahoma (74531)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74531 (Calvin, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 32.4% 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 Calvin, OK (74531)?
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Market Analysis: 74531 Calvin
This part of Hughes is not an easy win. The 74531 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 74531 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 74531's metrics run below Hughes's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 74531 includes headwinds that any investor should price in. Income distribution skews lower than Calvin averages, and tenant stability requires active management.
The right play in 74531 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Calvin:
Market Trends
Home Value History (with trend line)
📊 How Does 74531 Compare?
| Metric | 74531 | Calvin | Oklahoma |
|---|---|---|---|
| Home Value | $172,658 | $172,658 | $214,563 |
| 5-Year CAGR | 5.5% | 5.5% | 6.9% |
| Avg Rent | $855 | $855 | - |
| Cap Rate | 3.9% | 3.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74531 (Calvin, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $172,658 |
| Monthly Rent | $855 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +15.3% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (3.9%). 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 74531
Population: 900
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 74531
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
What is the typical home price in Calvin, OK?
In Calvin, OK the median home value sits at $173K. Against the broader OK market, that reads as reasonable for most investors.
How strong are rents in Calvin, OK?
Investors in Calvin, OK typically see rents near $855/mo per month against $173K home values - a solid setup for rental cash flow.
How deep is the rental pool in Calvin, OK?
The tenant pool in Calvin, OK is solid, supported by local employment and population fundamentals. Rents of $855/mo are well-absorbed by the market.
What real estate strategy is ideal for Calvin, OK?
For Calvin, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Do landlords face vacancy issues in Calvin, OK?
Rental vacancy in Calvin, OK is elevated. Investors should budget normal turnover but not chronic empty units.
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