Real Estate Investing in Ralston, Oklahoma (74650)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74650 (Ralston, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 38.4% 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 Ralston, OK (74650)?
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Market Analysis: 74650 Ralston
Investors eyeing 74650 need to respect the fundamentals at play. Home values of $137K come alongside slower price movement and elevated management overhead.
On balance, the numbers look inviting — $137K purchase price, 0.0% nominal cap — the work to hit that pro forma in 74650 is substantial and deserves full respect.
Within OK, ZIP 74650 trails on several market indicators that neighboring Osage submarkets outperform. The gap is real and solid enough to shape underwriting.
Employment concentration in 74650 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Ralston's stable or hybrid ZIPs before stepping into 74650. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Ralston:
Market Trends
Home Value History (with trend line)
📊 How Does 74650 Compare?
| Metric | 74650 | Ralston | Oklahoma |
|---|---|---|---|
| Home Value | $136,846 | $136,846 | $214,563 |
| 5-Year CAGR | 1.9% | 1.9% | 6.9% |
| Avg Rent | $855 | $855 | - |
| Cap Rate | 4.9% | 4.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74650 (Ralston, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $136,846 |
| Monthly Rent | $855 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +1.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (4.9%). 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 74650
Population: 568
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
Frequently Asked Questions
How high is vacancy risk in Ralston, OK?
Occupancy in Ralston, OK runs measured with elevated vacancy. Well-priced units at $855/mo lease on reasonable timelines.
Is Ralston, OK good for house hacking?
House hacking in Ralston, OK is reasonable to execute. Prices around $137K and rents of $855/mo solid owner-occupant economics.
How does Ralston, OK rate as a rental market?
Ralston, OK registers an investability rating of 3.0/5, with median home values near $137K and average rents around $855/mo. That combination puts it in the sturdy tier for investor interest.
What is the best play in Ralston, OK?
Investors usually favor careful cash-flow rentals with hands-on management in Ralston, OK. With home values at $137K and rents near $855/mo, other strategies can work but produce predictable rather than outsized returns.
How much is rent in Ralston, OK?
Investors in Ralston, OK typically see rents near $855/mo per month against $137K home values - a solid setup for rental cash flow.
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