REI Lense

REI Lense

Grove, OK Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Grove, OK. Based on 10+ datapoints.

Grove, OK Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.7%

Avg Cash on Cash

-11.6%

Median Cashflow

-$698/mo

Avg Rent Estimate

$1,745/mo

Avg Price

$351,940

Price Range

$237,000 - $533,200

Rent to Price

0.5%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Grove, OK

Grove, OK is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Grove, OK is -$698 with average rents of $1,745/month. Properties range from $237,000 to $533,200, offering entry points across multiple investment budgets.

1704 Estates Dr, Grove, OK 74344

Price

$294,800

Rent

$2,025

CachFlow

-$217

CoC

-4.21

Full Analysis

24820 S 638th Rd, Grove, OK 74344

Price

$433,600

Rent

$2,180

CachFlow

-$1,027

CoC

-13.53

Full Analysis

707 Quail Run Rd, Grove, OK 74344

Price

$237,400

Rent

$1,627

CachFlow

-$278

CoC

-6.69

Full Analysis

63941 E 297th Ln, Grove, OK 74344

Price

$373,200

Rent

$1,902

CachFlow

-$814

CoC

-12.46

Full Analysis

701 E 10th St, Grove, OK 74344

Price

$296,200

Rent

$1,495

CachFlow

-$683

CoC

-13.18

Full Analysis
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Grove, OK Rental Market Insights

  • Median cashflow is -$698/month — careful deal selection is essential here
  • 3.7% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Grove, OK requires selective property picks
  • Mid-to-upper tier market with properties from $237,000 to $533,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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