%
CapRateCity
Free cap rate calculators for every US market
MarketsOklahomaDuncanRental Property Investment Guide

Rental Property Investment Guide: Duncan, OK

Updated 2026 · Based on median market data for Duncan, OK

Cap Rate
6.94%
Median Price
$135K
Rent/Mo
$1,030
1% Rule
0.76%
Fails

Market Snapshot

Duncan sits in the South with a population of 50,000 growing at 0.9% annually. The median home costs $135,000 while rents average $1,030/mo, producing an estimated cap rate of 6.94%. This puts Duncan in the upper tier of investable US markets.

Who Should Invest Here

Duncan is ideal for cash flow investors, BRRRR practitioners, and anyone building a portfolio of affordable, income-producing rentals. The low price point ($135,000) means you can get started with a $27,000 down payment, and the 6.94% cap rate should produce positive cash flow even with conservative financing.

Deal Criteria for Duncan

Target properties priced 15-25% below the $135,000 median — around $108,000 or less. At this price point with $1,030/mo rents, your cap rate improves to roughly 9.1%. Factor in 0.88% property taxes ($1,188/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.8% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $917.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Duncan property using our cap rate calculator (pre-filled with Duncan data). Compare Duncan against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

Sponsored · Want to analyze a specific property? DealCheck imports real listing data and runs the full analysis for you.
Try Free →

How Duncan Compares

Duncan vs Oklahoma state average and national average across key investment metrics. Duncan outperforms both benchmarks on cap rate.

Metric
Duncan
Oklahoma Avg
National Avg
Cap Rate
6.94%
5.69%
3.81%
Median Price
$135K
$187K
$333K
Median Rent
$1,030
$1,185
$1,524
Property Tax
0.88%
0.88%
1.08%
Vacancy
5.8%
5.8%
5.6%
Pop. Growth
0.9%/yr
0.9%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Duncan, OK
6.9%
$135K
$1,030
0.88%
Martinsville, VA
5.8%
$135K
$880
0.86%
Wheeling, WV
6.0%
$135K
$900
0.58%
Charleston, WV
6.8%
$140K
$1,030
0.58%
Beckley, WV
6.9%
$140K
$1,050
0.58%

Frequently Asked Questions

Is Duncan, OK a good place to invest in rental property?
Duncan has an estimated cap rate of 6.94%, which is above the national average of 3.81%. With median home prices at $135K and rents of $1,030/mo, Duncan offers strong cash flow fundamentals for rental investors. Population growth of 0.9% and 5.8% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Duncan?
The estimated cap rate for Duncan is 6.94%, based on median home prices of $135K, median rents of $1,030/mo, a 0.88% property tax rate, and 5.8% vacancy. This compares to a 5.69% average across Oklahoma and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Duncan?
The median home price in Duncan is $135,000, which is 60% below the national average of $333,419. A 20% down payment would be approximately $27,000. Investment properties in Duncan range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Duncan property taxes for investors?
Duncan's effective property tax rate is 0.88%, which is above the Oklahoma average of 0.88% and below the national average of 1.08%. On a $135K property, annual taxes are approximately $1,188 ($99/mo). Property taxes are moderate and manageable.
Full Duncan Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Duncan & Related Markets

More Duncan Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

Similar Markets in the South

Beckley, WV$140K · $1,050/mo
6.9%
Ponca City, OK$110K · $840/mo
7.0%
Troy, AL$160K · $1,160/mo
6.9%
Shreveport, LA$175K · $1,300/mo
6.9%
McAlester, OK$140K · $1,060/mo
6.9%
The CapRateCity Report
Weekly market analysis: highest cap rate cities, emerging markets, and deal breakdowns. Free, no spam.