Real Estate Investing in Cameron, Oklahoma (74932)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74932 (Cameron, 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: 16.4% 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 Cameron, OK (74932)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74932 Cameron
ZIP 74932 inside Le Flore County looks affordable on the surface — median value of $215K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 74932 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 74932's metrics run below Le Flore County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Put differently, 2,550 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
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 Cameron:
Property Strategy for 74932
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $111,881 | $960 | 6.2% | +8.3% | $55,940 |
| 3BR | $206,218 | $1,330 | 4.6% | +8.8% | $68,739 |
Market Trends
Home Value History (with trend line)
📊 How Does 74932 Compare?
| Metric | 74932 | Cameron | Oklahoma |
|---|---|---|---|
| Home Value | $214,898 | $214,898 | $214,563 |
| 5-Year CAGR | 7.3% | 7.3% | 6.9% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.1% | 3.1% | - |
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 74932 (Cameron, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $214,898 |
| Monthly Rent | $864 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +13.2% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (3.1%). 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 74932
Population: 2,550
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 74932
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 expensive is real estate in Cameron, OK?
Median home price in Cameron, OK is near $215K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Can owner-occupants cash flow in Cameron, OK?
Cameron, OK is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $215K price point reasonable to enter.
What do rentals go for in Cameron, OK?
Average rent in Cameron, OK is approximately $864/mo per month. Against $215K home values that yields a reasonable rent-to-price ratio.
What is the best play in Cameron, OK?
Cameron, OK investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($215K prices, $864/mo rents) make it a reasonable choice.
How deep is the rental pool in Cameron, OK?
The tenant pool in Cameron, OK is solid, supported by local employment and population fundamentals. Rents of $864/mo are well-absorbed by the market.
You know 74932 now. You don’t know where it ranks.
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