Real Estate Investing in Muldrow, Oklahoma (74948)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74948 (Muldrow, 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: 15.0% 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 Muldrow, OK (74948)?
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Market Analysis: 74948 Muldrow
Not every below-median market is a bargain. Muldrow's 74948 ZIP stands at signals that favor experienced operators who can absorb the risk $196K pricing implies.
The 74948 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Looking more closely, 74948 offers a low basis, the region around Muldrow has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 74948 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 74948 is an operator game, not a passive one. On the rental side, entry prices of $196K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Muldrow:
Property Strategy for 74948
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $115,252 | $940 | 5.9% | +8.3% | $57,626 |
| 3BR | $185,650 | $1,270 | 4.9% | +8.4% | $61,883 |
| 4BR | $337,642 | $1,530 | 3.3% | +8.0% | $84,410 |
Market Trends
Home Value History (with trend line)
📊 How Does 74948 Compare?
| Metric | 74948 | Muldrow | Fort Smith, AR-OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $196,219 | $196,219 | N/A | $214,563 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 6.9% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 74948 (Muldrow, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $196,219 |
| Monthly Rent | $846 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (3.4%). 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 74948
Population: 11,946
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 74948
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 897 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do experienced investors play Muldrow, OK?
The best-fit strategy in Muldrow, OK is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How qualified is the tenant pool in Muldrow, OK?
Expect a solid tenant pool in Muldrow, OK. The rental market absorbs $846/mo rents without meaningful friction.
What monthly rent should investors expect in Muldrow, OK?
Rental rates in Muldrow, OK average $846/mo. Tenant demand and $196K home values make the yield look reasonable by investor standards.
Do rentals sit vacant long in Muldrow, OK?
Expect elevated vacancy in Muldrow, OK. Rents at $846/mo are absorbed by the tenant base without meaningful lag.
Where do home prices stand in Muldrow, OK?
Muldrow, OK home values average about $196K. That price point suits investors targeting rentals with $846/mo in monthly income.
You know 74948 now. You don’t know where it ranks.
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How 74948 ranks in Fort Smith, AR-OK
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