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REI Lense

Norman, OK Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Norman, OK. Based on 20+ datapoints.

Norman, OK Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.3%

Avg Cash on Cash

-11.1%

Median Cashflow

-$543/mo

Avg Rent Estimate

$2,015/mo

Avg Price

$377,944

Price Range

$191,300 - $692,400

Rent to Price

0.53%

low ratio

Positive Cashflow

0%

of analyzed properties

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

Norman, OK is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 20+ analyzed properties, the median monthly cashflow in Norman, OK is -$543 with average rents of $2,015/month. Properties range from $191,300 to $692,400, offering entry points across multiple investment budgets.

311 Castro St, Norman, OK 73069

Price

$335,400

Rent

$2,810

CachFlow

-$57

CoC

-0.97

Full Analysis

2057 Rising Hill Dr, Norman, OK 73071

Price

$222,000

Rent

$1,628

CachFlow

-$314

CoC

-8.08

Full Analysis

1713 Sumac Dr, Norman, OK 73071

Price

$241,900

Rent

$1,768

CachFlow

-$379

CoC

-8.95

Full Analysis

332 Cotswold Dr, Norman, OK 73072

Price

$692,400

Rent

$3,530

CachFlow

-$1,994

CoC

-16.46

Full Analysis

2616 Walnut Rd, Norman, OK 73072

Price

$615,400

Rent

$1,579

CachFlow

-$2,489

CoC

-23.11

Full Analysis
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Norman, OK Rental Market Insights

  • Median cashflow is -$543/month — careful deal selection is essential here
  • 4.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Norman, OK requires selective property picks
  • Mid-to-upper tier market with properties from $191,300 to $692,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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