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

McAlester, OK has a median modeled monthly cash flow of $-1,097 and a median cap rate of 2.5%, on a median sold price of $285,000. Prices changed -1.0% year over year.

What is the average cap rate in McAlester, OK?

The median cap rate across recently sold homes in McAlester, OK is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in McAlester, OK?

The median sold price in McAlester, OK is $285,000 (about $146 per square foot).

Investing in McAlester, OK Real Estate

A data-driven snapshot of the McAlester, 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.

$285,000Median sold price

$146Median $/sqft

2.5%Median cap rate

$-1,097Modeled cash flow / mo

-1.0%Appreciation YoY

8.5Months of supply

29Active listings

41Sold (last 12 mo)

What the McAlester numbers say

In McAlester, OK, the median home sold for $285,000 (about $146 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,097 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 8.5 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 McAlester cash-flowing listings

CashFlowRE ranks every for-sale home in McAlester, 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 McAlester deals, or browse the national market data.