Real Estate Investing in Lamont, Oklahoma (74643)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74643 (Lamont, OK)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 32.7% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
• 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 Lamont, OK (74643)?
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Market Analysis: 74643 Lamont
Stepping back, ZIP 74643 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $95K median. It rewards specialists, not generalists.
Turning to rents, the numbers look inviting — $95K purchase price, 0.0% nominal cap — the work to hit that pro forma in 74643 is substantial and deserves full respect.
Regionally, 74643 sits on the difficult end of the OK spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 74643 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 74643 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Lamont:
Market Trends
Home Value History (with trend line)
📊 How Does 74643 Compare?
| Metric | 74643 | Lamont | Oklahoma |
|---|---|---|---|
| Home Value | $94,531 | $94,531 | $214,563 |
| 5-Year CAGR | 0.7% | 0.7% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 7.0% | 7.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74643 (Lamont, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $94,531 |
| Monthly Rent | $846 |
| Price-to-Rent | 9.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.7% |
| Cap Rate | 7.0% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +2.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.0%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 74643
Population: 508
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 74643
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 764 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is the working-renter base in Lamont, OK?
The renter base in Lamont, OK is reasonable for the $846/mo price point. Screening well and pricing to market typically yields measured tenants.
Is Lamont, OK good for landlords?
For rental operators, Lamont, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the median home value in Lamont, OK?
Typical homes in Lamont, OK go for around $95K. The 5-year CAGR of 0.0% predictable price movement.
How much do tenants pay in Lamont, OK?
Rent in Lamont, OK is around $846/mo. The resulting rent-to-value relationship with $95K pricing is reasonable for most investor models.
Is Lamont, OK suited for a house hack?
For house hackers, Lamont, OK is a challenging. The $846/mo rent on a unit helps defray the mortgage on a $95K property.
You know 74643 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74643 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.
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