Is Payne County, OK good for real estate investing?

Payne County has an investment score of 66/100, rated as "Buy". The county ranks #119 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Payne?

The rent-to-price ratio in Payne County is 7.38% annually, which ranks in the 83th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Payne?

The median home price in Payne County is $232,536. This ranks #338 in affordability among all US counties.

Can you cash flow on rental properties in Payne?

Based on median values with 20% down at current rates, a typical rental in Payne County would generate negative cash flow of $289/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Payne County

OklahomaPopulation: 82,058

/100

Buy

#119 of 1,000 counties

#21 in Oklahoma (77 counties)

Market Snapshot

$232,536

Median Home Price

18% below national median

$1,431/mo

Median Rent

8% below national median

7.38%

Rent-to-Price Ratio

Top 17% nationally

-$289

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$232,536

Down Payment (20%)$46,507

Loan Amount$186,029

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,431

Monthly P&I-$1,219

Est. Expenses (35%)-$501

Net Cash Flow-$289/mo

4.8%

Cap Rate (all cash)

-6.5%

Cash-on-Cash Return

7.38%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

66/100

Cash Flow(30%)

74/100

Based on 7.38% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

82/100

Based on 3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

55/100

Price-to-income ratio of 5.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.38%)
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$289/mo)
-Negative leverage (cap rate 4.8% < mortgage rate 6.9%)

Economic Indicators

Population

82,058

Median Income

$46,658

vs $65,157 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
ClevelandOK	67	$249,080	$1,386	6.68%	Buy	View
CurrentPayneOK	66	$232,536	$1,431	7.38%	Buy
CreekOK	66	$212,526	Est. pending	—	Buy	View
TulsaOK	66	$244,543	$1,379	6.77%	Buy	View
CanadianOK	66	$267,590	$1,537	6.89%	Buy
LincolnOK	66	$185,232	Est. pending	—	Buy

The Bottom Line

BuyPayne offers solid investment potential with good cash flow or appreciation prospects.

Payne County in Oklahoma scores 66/100, ranking #119 of 1,000 US counties (top 19%). The 7.38% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-289/mo

Cap Rate

4.8%

Cash-on-Cash

-6.5%

Ready to Analyze a Deal in Payne?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$232,536

Down Payment (20%)$46,507

Loan Amount$186,029

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,431

Monthly P&I-$1,219

Est. Expenses (35%)-$501

Net Cash Flow-$289/mo

4.8%

Cap Rate (all cash)

-6.5%

Cash-on-Cash Return

7.38%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

66/100

Cash Flow(30%)

74/100

Based on 7.38% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

82/100

Based on 3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

55/100

Price-to-income ratio of 5.0x. Lower ratios indicate more affordable markets.

County

Verdict

ClevelandOK

$249,080

$1,386

6.68%

Buy

View

CurrentPayneOK

$232,536

$1,431

7.38%

Buy

CreekOK

$212,526

Est. pending

—

Buy

View

TulsaOK

$244,543

$1,379

6.77%

Buy

View

CanadianOK

$267,590

$1,537

6.89%

Buy

LincolnOK

$185,232

Est. pending

—

Buy