Is Myrtle Creek, OR a good place to invest in rental property?

Myrtle Creek, OR has a median modeled monthly cash flow of $-828 and a median cap rate of 3.2%, on a median sold price of $310,000. Prices changed +6.3% year over year.

What is the average cap rate in Myrtle Creek, OR?

The median cap rate across recently sold homes in Myrtle Creek, OR is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Myrtle Creek, OR?

The median sold price in Myrtle Creek, OR is $310,000 (about $244 per square foot).

Investing in Myrtle Creek, OR Real Estate

A data-driven snapshot of the Myrtle Creek, OR 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.

$310,000Median sold price

$244Median $/sqft

3.2%Median cap rate

$-828Modeled cash flow / mo

+6.3%Appreciation YoY

10.9Months of supply

50Active listings

55Sold (last 12 mo)

What the Myrtle Creek numbers say

In Myrtle Creek, OR, the median home sold for $310,000 (about $244 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-828 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 10.9 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 Oregon markets to compare

See Myrtle Creek cash-flowing listings

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