Real Estate Investing in Konawa, Oklahoma (74849)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74849 (Konawa, OK)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.3% of homes vacant — above national norms.
- Elevated poverty: 21.4% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Konawa, OK (74849)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74849 Konawa
ZIP 74849 inside Seminole County looks affordable on the surface — median value of $121K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 74849 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Konawa have seen price recovery that 74849 has not matched. Seminole County data supports the view that the spread is structural rather than temporary.
Resident income in 74849 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Konawa:
Property Strategy for 74849
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $64,107 | $940 | 10.6% | +6.4% | $32,054 |
| 3BR | $134,088 | $1,260 | 6.8% | +8.6% | $44,696 |
Market Trends
Home Value History (with trend line)
📊 How Does 74849 Compare?
| Metric | 74849 | Konawa | Shawnee, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $120,609 | $120,609 | N/A | $214,563 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 5.5% | 5.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74849 (Konawa, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $120,609 |
| Monthly Rent | $846 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 12.0% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 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 (5.5%). 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 74849
Population: 2,775
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 74849
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
What is the average home sale price in Konawa, OK?
Median home price in Konawa, OK is near $121K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
Does house hacking work in Konawa, OK?
House hacking in Konawa, OK is a challenging. With home values around $121K and rents at $846/mo, owner-occupants can offset a meaningful share of PITI.
How landlord-friendly is Konawa, OK?
For rental operators, Konawa, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What do landlords charge for rent in Konawa, OK?
Rental rates in Konawa, OK average $846/mo. Tenant demand and $121K home values make the yield look reasonable by investor standards.
What is the renter demographic in Konawa, OK?
The tenant pool in Konawa, OK is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
You know 74849 now. You don’t know where it ranks.
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How 74849 ranks in Shawnee, OK
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