Real Estate Investing in Newalla, Oklahoma (74857)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74857 (Newalla, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Newalla, OK (74857)?
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Market Analysis: 74857 Newalla
Not every below-median market is a bargain. Newalla's 74857 ZIP clocks in at signals that favor experienced operators who can absorb the risk $276K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $276K asset, 74857 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 74857 sits on the difficult end of the OK spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
A impressive renter share of 9% in 74857 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 74857 is an operator game, not a passive one. On the rental side, entry prices of $276K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Newalla:
Property Strategy for 74857
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $158,997 | $1,410 | 6.4% | +6.9% | $79,498 |
| 3BR | $275,836 | $1,890 | 4.9% | +7.4% | $91,945 |
| 4BR | $368,966 | $2,100 | 4.1% | +7.4% | $92,242 |
Market Trends
Home Value History (with trend line)
📊 How Does 74857 Compare?
| Metric | 74857 | Newalla | Oklahoma City, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $275,942 | $275,942 | N/A | $214,563 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 6.9% |
| Avg Rent | $1,269 | $1,269 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
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 74857 (Newalla, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $275,942 |
| Monthly Rent | $1,269 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (3.6%). 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 74857
Population: 9,902
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 2,685 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Newalla, OK?
The 3.0/5 investability rating in Newalla, OK reflects its $276K prices and $1,269/mo rents. Investors generally consider it a solid option within OK.
What investment strategy works best in Newalla, OK?
In Newalla, OK the solid play is typically careful cash-flow rentals with hands-on management. The combination of $276K prices and $1,269/mo rents suits that approach.
What is the tenant pool like in Newalla, OK?
The tenant pool in Newalla, OK is solid, supported by local employment and population fundamentals. Rents of $1,269/mo are well-absorbed by the market.
What kind of vacancy should I budget for in Newalla, OK?
Occupancy in Newalla, OK runs reliable with elevated vacancy. Well-priced units at $1,269/mo lease on reasonable timelines.
Can I live-in-and-rent in Newalla, OK?
House hacking in Newalla, OK is a challenging. With home values around $276K and rents at $1,269/mo, owner-occupants can offset a meaningful share of PITI.
You know 74857 now. You don’t know where it ranks.
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How 74857 ranks in Oklahoma City, OK
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