Real Estate Investing in Kiowa, Oklahoma (74553)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74553 (Kiowa, 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: 21.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kiowa, OK (74553)?
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Market Analysis: 74553 Kiowa
ZIP 74553 in Kiowa, OK carries a significant set of headwinds. Home values near $173K and rents of $846/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 74553 can be a worth a close look for hunting ground — but the discount at $173K reflects genuine risk that outside investors often underestimate.
In the broader OK picture, 74553 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A significant renter share of 22% in 74553 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 74553 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 Kiowa:
Market Trends
Home Value History (with trend line)
📊 How Does 74553 Compare?
| Metric | 74553 | Kiowa | McAlester, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $173,407 | $173,407 | N/A | $214,563 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74553 (Kiowa, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $173,407 |
| Monthly Rent | $846 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.8%). 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 74553
Population: 1,374
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 74553
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
How do experienced investors play Kiowa, OK?
The best-fit strategy in Kiowa, OK is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is it easy to find good tenants in Kiowa, OK?
The renter base in Kiowa, OK is reasonable for the $846/mo price point. Screening well and pricing to market typically yields predictable tenants.
Are rents high in Kiowa, OK?
Rents in Kiowa, OK run near $846/mo. Compared with median home prices of $173K that produces solid gross yields for typical rentals.
Is Kiowa, OK a friendly market for rental owners?
Kiowa, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How high is vacancy risk in Kiowa, OK?
Vacancy risk in Kiowa, OK is elevated. That supports steady cash flow for typical rental holds.
You know 74553 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74553 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 74553 ranks in McAlester, OK
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