Real Estate Investing in Henryetta, Oklahoma (74880)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74880 (Henryetta, 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: 20.3% of homes vacant — above national norms.
- Elevated poverty: 28.3% 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 Henryetta, OK (74880)?
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Market Analysis: 74880 Henryetta
Not every below-median market is a bargain. Henryetta's 74880 ZIP shows signals that favor experienced operators who can absorb the risk $115K pricing implies.
From a cash-flow lens, the numbers look inviting — $115K purchase price, 0.0% nominal cap — the work to hit that pro forma in 74880 is substantial and deserves full respect.
From an investor standpoint, 74880 offers a low basis, the region around Henryetta has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A substantial renter share of 21% in 74880 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 74880 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Henryetta:
Property Strategy for 74880
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $57,480 | $940 | 11.8% | +6.5% | $28,740 |
| 3BR | $113,326 | $1,180 | 7.5% | +7.6% | $37,775 |
Market Trends
Home Value History (with trend line)
📊 How Does 74880 Compare?
| Metric | 74880 | Henryetta | Oklahoma |
|---|---|---|---|
| Home Value | $114,572 | $109,656 | $214,563 |
| 5-Year CAGR | 7.3% | 5.6% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 5.8% | 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 74880 (Henryetta, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $114,572 |
| Monthly Rent | $846 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.9% |
| Cap Rate | 5.8% |
| 5-Year IRR | 13.0% |
📈 Home Appreciation
| 1-Year | +15.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (5.8%). 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 74880
Population: 1,920
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 74880
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 does Henryetta, OK rate as a rental market?
Yes - Henryetta, OK a 3.0/5 investability score. With $115K home prices against $846/mo monthly rent, the market delivers a reasonable entry point for new investors.
How deep is the rental pool in Henryetta, OK?
Tenant quality in Henryetta, OK ranks as solid. Landlords generally report consistent occupancy at market rents of $846/mo.
How high is vacancy risk in Henryetta, OK?
Occupancy in Henryetta, OK runs predictable with elevated vacancy. Well-priced units at $846/mo lease on reasonable timelines.
What strategy should investors use in Henryetta, OK?
For Henryetta, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the average monthly rent in Henryetta, OK?
Average rent in Henryetta, OK is approximately $846/mo per month. Against $115K home values that yields a reasonable rent-to-price ratio.
You know 74880 now. You don’t know where it ranks.
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