Real Estate Investing in Bokoshe, Oklahoma (74930)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74930 (Bokoshe, 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.
- High vacancy: 16.7% of homes vacant — above national norms.
- Lower household income: $37,750 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 Bokoshe, OK (74930)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74930 Bokoshe
The 74930 ZIP in Bokoshe, OK is a local-operator market. Outside capital chasing a $164K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $164K asset, 74930 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Bokoshe have seen price recovery that 74930 has not matched. Le Flore County data supports the view that the spread is structural rather than temporary.
Resident income in 74930 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 74930 is an operator game, not a passive one. Stepping back, entry prices of $164K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Bokoshe:
Property Strategy for 74930
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $102,159 | $940 | 6.6% | +9.2% | $51,080 |
| 3BR | $163,871 | $1,300 | 5.7% | +7.4% | $54,624 |
Market Trends
Home Value History (with trend line)
📊 How Does 74930 Compare?
| Metric | 74930 | Bokoshe | Oklahoma |
|---|---|---|---|
| Home Value | $163,990 | $163,990 | $214,563 |
| 5-Year CAGR | 5.8% | 5.8% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 74930 (Bokoshe, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 74930 (Bokoshe, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $163,990 |
| Monthly Rent | $846 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 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 (4.0%). 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 74930
Population: 1,697
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 74930
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
Investor Insight: With 725 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Bokoshe, OK?
Expect rents around $846/mo per month in Bokoshe, OK. With home values at $164K, the yield math works out to reasonable levels for rental investors.
Does Bokoshe, OK favor landlords or tenants?
Bokoshe, OK operates under OK law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
Is Bokoshe in OK worth investing in?
Our data puts Bokoshe, OK at 3.0/5 for investability. Home prices of $164K and rents around $846/mo create a solid backdrop for investor activity.
Should investors worry about vacancy in Bokoshe, OK?
Vacancy in Bokoshe, OK is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $846/mo.
Can I live-in-and-rent in Bokoshe, OK?
House hacking in Bokoshe, OK is a challenging. With home values around $164K and rents at $846/mo, owner-occupants can offset a meaningful share of PITI.
You know 74930 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74930 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.
AI Market Advisor
Ask questions about investing in 74930 (Bokoshe)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 74930 (Bokoshe, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.