Real Estate Investing in Tonkawa, Oklahoma (74653)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74653 (Tonkawa, 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: 13.2% 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 Tonkawa, OK (74653)?
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Market Analysis: 74653 Tonkawa
Meanwhile, ZIP 74653 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $103K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 74653 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 74653's metrics run below Kay County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 74653 ZIP's population of 3,689 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Experienced landlords with local relationships tend to find 74653 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 Tonkawa:
Property Strategy for 74653
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $58,996 | $940 | 11.5% | +1.1% | $29,498 |
| 3BR | $126,791 | $1,250 | 7.1% | +5.2% | $42,264 |
| 4BR | $169,031 | $1,380 | 5.9% | +4.1% | $42,258 |
Market Trends
Home Value History (with trend line)
📊 How Does 74653 Compare?
| Metric | 74653 | Tonkawa | Ponca City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $103,445 | $103,445 | N/A | $214,563 |
| 5-Year CAGR | 2.3% | 2.3% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 6.4% | 6.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74653 (Tonkawa, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $103,445 |
| Monthly Rent | $846 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (6.4%). 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 74653
Population: 3,689
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 74653
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 969 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Tonkawa, OK a smart market for rental property?
With a 3.0/5 investability score, Tonkawa, OK ranks as a solid market for rental property investors. Median prices of $103K and rents of $846/mo drive the underlying numbers.
How deep is the rental pool in Tonkawa, OK?
The tenant pool in Tonkawa, OK is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
What do landlords charge for rent in Tonkawa, OK?
Rent in Tonkawa, OK is around $846/mo. The resulting rent-to-value relationship with $103K pricing is reasonable for most investor models.
How should investors approach Tonkawa, OK?
In Tonkawa, OK the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $103K prices and $846/mo rents suits that approach.
Is Tonkawa, OK a good market for FHA house hackers?
Tonkawa, OK offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $846/mo rent level.
You know 74653 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74653 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 74653 ranks in Ponca City, OK
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