Real Estate Investing in Bunch, Oklahoma (74931)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74931 (Bunch, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 17.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bunch, OK (74931)?
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Market Analysis: 74931 Bunch
ZIP 74931 inside Adair County looks affordable on the surface — median value of $178K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $963/mo on a $178K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 74931 sits below the stated 0.0% once reality is priced in.
Regionally, 74931 sits on the difficult end of the OK spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 74931 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 74931 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Bunch:
Market Trends
Home Value History (with trend line)
📊 How Does 74931 Compare?
| Metric | 74931 | Bunch | Tahlequah, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $178,092 | $178,092 | N/A | $214,563 |
| 5-Year CAGR | 8.4% | 8.4% | N/A | 6.9% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74931 (Bunch, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $178,092 |
| Monthly Rent | $963 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 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 (4.2%). 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 74931
Population: 1,134
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 74931
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
Is Bunch, OK landlord-friendly?
OK ranks as a landlord-friendly state for landlord-tenant law. Bunch generally follows the statewide framework, so landlords face reasonable operating rules.
How does Bunch, OK stack up for property investment?
Bunch, OK clocks in at an investability rating of 3.0/5, with median home values near $178K and average rents around $963/mo. That combination puts it in the healthy tier for investor interest.
Can owner-occupants cash flow in Bunch, OK?
Bunch, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $178K price point reasonable to enter.
What is the average monthly rent in Bunch, OK?
Rent in Bunch, OK is around $963/mo. The resulting rent-to-value relationship with $178K pricing is reasonable for most investor models.
Is the tenant base reliable in Bunch, OK?
The renter base in Bunch, OK is reasonable for the $963/mo price point. Screening well and pricing to market typically yields reliable tenants.
You know 74931 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 74931 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.
How 74931 ranks in Tahlequah, OK
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