Real Estate Investing in Caney, Oklahoma (74533)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74533 (Caney, 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: 12.9% 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 Caney, OK (74533)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74533 Caney
The 74533 ZIP covers a section of Caney that demands careful diligence. Prices near $259K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 74533 can be a an appealing option for hunting ground — but the discount at $259K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Caney have seen price recovery that 74533 has not matched. Atoka County data supports the view that the spread is structural rather than temporary.
A impressive renter share of 16% in 74533 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 74533 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Caney:
Market Trends
Home Value History (with trend line)
📊 How Does 74533 Compare?
| Metric | 74533 | Caney | Oklahoma |
|---|---|---|---|
| Home Value | $259,477 | $259,477 | $214,563 |
| 5-Year CAGR | 9.1% | 9.1% | 6.9% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74533 (Caney, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74533 (Caney, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $259,477 |
| Monthly Rent | $909 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 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 (2.7%). 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 74533
Population: 902
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 74533
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 real estate strategy is ideal for Caney, OK?
Caney, OK investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($259K prices, $909/mo rents) make it a reasonable choice.
Is it easy to find good tenants in Caney, OK?
The renter base in Caney, OK is reasonable for the $909/mo price point. Screening well and pricing to market typically yields reliable tenants.
How does Caney, OK rate as a rental market?
Caney, OK rates 3.0/5 for investability. With median values at $259K and rents near $909/mo, the market offers reasonable fundamentals for rental investors.
Can owner-occupants cash flow in Caney, OK?
Caney, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $259K price point reasonable to enter.
Are rents high in Caney, OK?
Caney, OK rentals go for roughly $909/mo a month. That puts gross yield in solid territory relative to $259K acquisition costs.
You know 74533 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74533 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.
AI Market Advisor
Ask questions about investing in 74533 (Caney)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74533 (Caney, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.