Real Estate Investing in Dustin, Oklahoma (74839)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74839 (Dustin, 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: 38.1% of homes vacant — above national norms.
- Elevated poverty: 21.3% poverty rate — can affect rent collection.
- Lower household income: $30,500 median — tenant affordability is tighter.
• 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 Dustin, OK (74839)?
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Market Analysis: 74839 Dustin
ZIP 74839 in Dustin, OK carries a resilient set of headwinds. Home values near $121K and rents of $927/mo sit inside a market where underwriting has to be tight.
Rent of $927/mo on a $121K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 74839 sits below the stated 0.0% once reality is priced in.
On the rental side, 74839 offers a low basis, the region around Dustin has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
In practical terms, 675 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 74839 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Dustin:
Market Trends
Home Value History (with trend line)
📊 How Does 74839 Compare?
| Metric | 74839 | Dustin | Oklahoma |
|---|---|---|---|
| Home Value | $120,614 | $120,614 | $214,563 |
| 5-Year CAGR | 3.9% | 3.9% | 6.9% |
| Avg Rent | $927 | $927 | - |
| Cap Rate | 6.0% | 6.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74839 (Dustin, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $120,614 |
| Monthly Rent | $927 |
| Price-to-Rent | 10.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.2% |
| Cap Rate | 6.0% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.0%). 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 74839
Population: 675
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 74839
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
Frequently Asked Questions
How much does a house cost in Dustin, OK?
Median home price in Dustin, OK is near $121K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
What kind of tenants rent in Dustin, OK?
The renter base in Dustin, OK is reasonable for the $927/mo price point. Screening well and pricing to market typically yields measured tenants.
Should investors consider Dustin, OK?
Yes - Dustin, OK a 3.0/5 investability score. With $121K home prices against $927/mo monthly rent, the market delivers a reasonable entry point for new investors.
How landlord-friendly is Dustin, OK?
OK law landlord-friendly for landlords, and Dustin inherits those rules. Investors should still review local ordinances for rental licensing.
Does a duplex house hack pencil in Dustin, OK?
House hacking in Dustin, OK is reasonable to execute. Prices around $121K and rents of $927/mo solid owner-occupant economics.
You know 74839 now. You don’t know where it ranks.
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