Real Estate Investing in Boley, Oklahoma (74829)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74829 (Boley, OK)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 33.2% of homes vacant — above national norms.
- Elevated poverty: 25.5% poverty rate — can affect rent collection.
- Lower household income: $28,250 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 Boley, OK (74829)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74829 Boley
This part of Okfuskee County is not an easy win. The 74829 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 74829 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader OK picture, 74829 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 74829 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. notable returns are possible in 74829, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Boley:
Market Trends
Home Value History (with trend line)
📊 How Does 74829 Compare?
| Metric | 74829 | Boley | Oklahoma |
|---|---|---|---|
| Home Value | $146,029 | $146,029 | $214,563 |
| 5-Year CAGR | 7.6% | 7.6% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.5% | 4.5% | - |
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 74829 (Boley, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74829 (Boley, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $146,029 |
| Monthly Rent | $846 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +12.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (4.5%). 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 74829
Population: 1,652
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 should investors approach Boley, OK?
A careful cash-flow rentals with hands-on management strategy Boley, OK best. The market produces steady results for that approach at the $146K price point.
How strong are rents in Boley, OK?
Rent in Boley, OK is around $846/mo. The resulting rent-to-value relationship with $146K pricing is reasonable for most investor models.
Where do home prices stand in Boley, OK?
Expect median prices around $146K in Boley, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
How strong is tenant demand in Boley, OK?
The tenant pool in Boley, OK is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
Is Boley in OK worth investing in?
Boley, OK scores 3.0/5 for investability. Home values sit at $146K and rents near $846/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 74829 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74829 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.
AI Market Advisor
Ask questions about investing in 74829 (Boley)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74829 (Boley, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.