Is Checotah, OK a good place to invest in rental property?

Checotah, OK has a median modeled monthly cash flow of $-399 and a median cap rate of 3.8%, on a median sold price of $135,000. Prices changed -3.3% year over year.

What is the average cap rate in Checotah, OK?

The median cap rate across recently sold homes in Checotah, OK is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Checotah, OK?

The median sold price in Checotah, OK is $135,000 (about $117 per square foot).

Investing in Checotah, OK Real Estate

A data-driven snapshot of the Checotah, OK rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$135,000Median sold price

$117Median $/sqft

3.8%Median cap rate

$-399Modeled cash flow / mo

-3.3%Appreciation YoY

9.9Months of supply

37Active listings

45Sold (last 12 mo)

What the Checotah numbers say

In Checotah, OK, the median home sold for $135,000 (about $117 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-399 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 9.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Oklahoma markets to compare

See Checotah cash-flowing listings

CashFlowRE ranks every for-sale home in Checotah, OK by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Checotah deals, or browse the national market data.