Real Estate Investing in Cartwright, Oklahoma (74731)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74731 (Cartwright, 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: 30.9% 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 Cartwright, OK (74731)?
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Market Analysis: 74731 Cartwright
Turning to rents, ZIP 74731 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $215K median. It rewards specialists, not generalists.
Rent of $927/mo on a $215K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 74731 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Cartwright have seen price recovery that 74731 has not matched. Bryan County data supports the view that the spread is structural rather than temporary.
Employment concentration in 74731 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 74731 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 Cartwright:
Market Trends
Home Value History (with trend line)
📊 How Does 74731 Compare?
| Metric | 74731 | Cartwright | Durant, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $214,945 | $214,945 | N/A | $214,563 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 6.9% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74731 (Cartwright, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $214,945 |
| Monthly Rent | $927 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.4%). 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 74731
Population: 1,640
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,856 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Cartwright, OK?
Expect median prices around $215K in Cartwright, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
Is the tenant base reliable in Cartwright, OK?
The renter base in Cartwright, OK is reasonable for the $927/mo price point. Screening well and pricing to market typically yields stable tenants.
How do experienced investors play Cartwright, OK?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cartwright, OK. The numbers - $215K homes against $927/mo rents - support that play.
Is OK a landlord-friendly state?
Landlord-friendliness in Cartwright, OK is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How strong is Cartwright, OK for real estate investors?
Cartwright, OK scores 3.0/5 for investability. Home values sit at $215K and rents near $927/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 74731 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74731 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 74731 ranks in Durant, OK
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