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

New Cordell, OK has a median modeled monthly cash flow of $64 and a median cap rate of 6.9%, on a median sold price of $108,000. Prices changed -7.4% year over year.

What is the average cap rate in New Cordell, OK?

The median cap rate across recently sold homes in New Cordell, OK is 6.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Cordell, OK?

The median sold price in New Cordell, OK is $108,000 (about $75 per square foot).

Investing in New Cordell, OK Real Estate

#242 cash-flow market in the U.S.

A data-driven snapshot of the New Cordell, 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.

$108,000Median sold price

$75Median $/sqft

6.9%Median cap rate

$64Modeled cash flow / mo

-7.4%Appreciation YoY

17.2Months of supply

56Active listings

39Sold (last 12 mo)

What the New Cordell numbers say

In New Cordell, OK, the median home sold for $108,000 (about $75 per square foot), and the typical deal models out to a 6.9% cap rate with a median $64 of monthly cash flow. Sold prices moved -7.4% over the past year. Inventory sits at about 17.2 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 New Cordell cash-flowing listings

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