Real Estate Investing in Bennington, Oklahoma (74723)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74723 (Bennington, OK)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.5% of homes vacant — above national norms.
- Elevated poverty: 24.2% poverty rate — can affect rent collection.
- High price-to-rent: Price-to-rent ratio 31.1 — hard to cash-flow at these prices.
- Lower household income: $38,906 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bennington, OK (74723)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74723 Bennington
Not every below-median market is a bargain. Bennington's 74723 ZIP shows signals that favor experienced operators who can absorb the risk $316K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 74723 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 74723 sits on the difficult end of the OK spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 74723 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 74723 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 Bennington:
Market Trends
Home Value History (with trend line)
📊 How Does 74723 Compare?
| Metric | 74723 | Bennington | Durant, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $315,643 | $315,643 | N/A | $214,563 |
| 5-Year CAGR | 8.1% | 8.1% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
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 74723 (Bennington, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74723 (Bennington, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $315,643 |
| Monthly Rent | $846 |
| Price-to-Rent | 31.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +8.1% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 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 (2.1%). 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 74723
Population: 1,311
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 74723
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 much should I expect to pay for a home in Bennington, OK?
Homes in Bennington, OK typically sell near $316K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
What is the tenant pool like in Bennington, OK?
The renter base in Bennington, OK is reasonable for the $846/mo price point. Screening well and pricing to market typically yields measured tenants.
What is the best play in Bennington, OK?
Most investors in Bennington, OK run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Bennington, OK a good market for FHA house hackers?
House hacking works a challenging in Bennington, OK. Rents of $846/mo against $316K acquisition make the strategy solid for owner-occupants.
Are rents high in Bennington, OK?
Expect rents around $846/mo per month in Bennington, OK. With home values at $316K, the yield math works out to reasonable levels for rental investors.
You know 74723 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74723 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 74723 ranks in Durant, OK
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 74723 (Bennington)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74723 (Bennington, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.