Oklahoma City, OK โ Rental Investment Analysis
๐กMODERATEโ average returnsCap Rate
5.0%
Below average
Monthly Cash Flow
-$273
After all expenses
Price-to-Rent
12.3
Investor-friendly
DSCR
0.77
Fails
๐ Key Metrics
- Median Home Price
- $211,604
- Average Rent (3BR)
- $1,450/mo
- Price-to-Rent Ratio
- 12.3(good)
- 1% Rule
- 0.68%(fails โ need 1%+)
- Cash-on-Cash Return
- -6.2%
- Vacancy Rate
- 8.0%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
Net Migration
-604 households
SHRINKING
Total Inflow
11,445
households moved in
Avg Income (New Residents)
$56,464
per household
Where they're coming from:
1.Cleveland, OK3,497 households ยท avg $49,628
2.Canadian, OK1,986 households ยท avg $51,819
3.Logan, OK661 households ยท avg $80,766
4.Comanche, OK346 households ยท avg $50,289
5.Los Angeles, CA250 households ยท avg $55,908
Where residents are leaving to:
1.Cleveland, OK3,606 households
2.Canadian, OK3,259 households
3.Logan, OK785 households
4.McClain, OK309 households
5.Grady, OK304 households
๐ก Net outflow may indicate weakening demand โ but can mean lower prices and higher cap rates.
๐๏ธ Best Zip Codes in Oklahoma City for Investors
All Zip Codes in Oklahoma City
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 73108 | 10.6% | +$344 | $97,376 | $1,220/mo | 1.66 |
| 73129 | 10.5% | +$343 | $101,156 | $1,250/mo | 1.64 |
| 73111 | 10.3% | +$355 | $109,140 | $1,330/mo | 1.61 |
| 73119 | 9.6% | +$303 | $114,397 | $1,310/mo | 1.50 |
| 73149 | 9.1% | +$268 | $120,853 | $1,320/mo | 1.42 |
| 73109 | 8.9% | +$236 | $113,411 | $1,220/mo | 1.39 |
| 73117 | 8.9% | +$242 | $116,171 | $1,250/mo | 1.39 |
| 73084 | 8.0% | +$191 | $142,023 | $1,400/mo | 1.25 |
| 73105 | 7.8% | +$190 | $156,792 | $1,520/mo | 1.23 |
| 73114 | 7.3% | +$127 | $160,082 | $1,470/mo | 1.15 |
| 73107 | 7.2% | +$100 | $156,717 | $1,410/mo | 1.12 |
| 73134 | 6.5% | +$17 | $200,683 | $1,670/mo | 1.02 |
| 73052 | 6.5% | +$8 | $150,866 | $1,250/mo | 1.01 |
| 73159 | 6.3% | -$19 | $179,318 | $1,450/mo | 0.98 |
| 73135 | 6.1% | -$50 | $208,201 | $1,650/mo | 0.95 |
| 73112 | 6.0% | -$56 | $187,215 | $1,470/mo | 0.94 |
| 73179 | 5.9% | -$115 | $279,899 | $2,160/mo | 0.92 |
| 73002 | 5.2% | -$178 | $174,808 | $1,220/mo | 0.81 |
| 73128 | 5.1% | -$278 | $263,952 | $1,830/mo | 0.80 |
| 73106 | 5.0% | -$218 | $192,902 | $1,320/mo | 0.79 |
| 73170 | 5.0% | -$348 | $290,065 | $1,960/mo | 0.77 |
| 73118 | 4.9% | -$284 | $235,610 | $1,590/mo | 0.77 |
| 73127 | 4.8% | -$245 | $190,955 | $1,270/mo | 0.76 |
| 73139 | 4.7% | -$273 | $192,623 | $1,250/mo | 0.73 |
| 73102 | 4.2% | -$541 | $300,532 | $1,810/mo | 0.66 |
| 73120 | 4.2% | -$448 | $242,935 | $1,450/mo | 0.65 |
| 74831 | 4.0% | -$426 | $211,604 | $1,220/mo | 0.62 |
| 73132 | 3.9% | -$487 | $236,604 | $1,350/mo | 0.61 |
| 73162 | 3.8% | -$591 | $272,715 | $1,520/mo | 0.59 |
| 73104 | 3.8% | -$786 | $361,250 | $2,010/mo | 0.59 |
| 73014 | 3.6% | -$618 | $266,852 | $1,440/mo | 0.57 |
| 73116 | 3.2% | -$859 | $322,217 | $1,600/mo | 0.50 |
| 73103 | 2.9% | -$989 | $342,587 | $1,610/mo | 0.46 |
| 73131 | 2.7% | -$1,130 | $372,044 | $1,680/mo | 0.43 |
| 73142 | 2.7% | -$1,117 | $364,093 | $1,630/mo | 0.42 |
| 73073 | 2.7% | -$888 | $288,738 | $1,290/mo | 0.42 |
| 73169 | 2.7% | -$1,091 | $355,330 | $1,590/mo | 0.42 |
| 73165 | 2.4% | -$1,275 | $379,083 | $1,560/mo | 0.37 |
| 73150 | 1.9% | -$1,376 | $368,382 | $1,350/mo | 0.30 |
| 73173 | 1.6% | -$1,814 | $459,032 | $1,560/mo | 0.26 |
| 73151 | 0.6% | -$3,121 | $645,696 | $1,500/mo | 0.09 |