Real Estate Investing in Wetumka, Oklahoma (74883)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74883 (Wetumka, 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: 29.1% of homes vacant — above national norms.
- Lower household income: $39,911 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 Wetumka, OK (74883)?
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Market Analysis: 74883 Wetumka
ZIP 74883 inside Hughes looks affordable on the surface — median value of $118K — but the discount exists for reasons that a careful buyer should understand before committing.
The 74883 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 74883 and stronger Wetumka ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 74883 includes headwinds that any investor should price in. Income distribution skews lower than Wetumka averages, and tenant stability requires active management.
leans 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 Wetumka:
Property Strategy for 74883
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $61,712 | $980 | 11.4% | +7.1% | $30,856 |
| 3BR | $134,725 | $1,200 | 6.4% | +9.5% | $44,908 |
Market Trends
Home Value History (with trend line)
📊 How Does 74883 Compare?
| Metric | 74883 | Wetumka | Oklahoma |
|---|---|---|---|
| Home Value | $118,289 | $118,289 | $214,563 |
| 5-Year CAGR | 6.4% | 6.4% | 6.9% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 5.8% | 5.8% | - |
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 74883 (Wetumka, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $118,289 |
| Monthly Rent | $882 |
| Price-to-Rent | 11.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.8% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +14.5% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 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 (5.8%). 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 74883
Population: 2,339
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 74883
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
What do landlords charge for rent in Wetumka, OK?
Average rent in Wetumka, OK is approximately $882/mo per month. Against $118K home values that yields a reasonable rent-to-price ratio.
Are renters plentiful in Wetumka, OK?
Tenant demand in Wetumka, OK is solid. The local workforce $882/mo rents across most rental classes.
How does Wetumka, OK stack up for property investment?
Wetumka, OK rates 3.0/5 for investability. With median values at $118K and rents near $882/mo, the market offers reasonable fundamentals for rental investors.
Is Wetumka, OK good for landlords?
Landlord-friendliness in Wetumka, OK is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the best play in Wetumka, OK?
A careful cash-flow rentals with hands-on management strategy Wetumka, OK best. The market produces stable results for that approach at the $118K price point.
You know 74883 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74883 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.
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Community Ratings
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