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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Jay presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Jay, Oklahoma is a small but emerging short-term rental market situated near Grand Lake, where waterfront recreation drives seasonal guest demand. With just 15 active Airbnb listings and an average daily rate of $382 — well above the $219 state average — the market offers pricing power for hosts who can capture peak-season bookings. However, occupancy sits at 17% compared to the 28% state average, meaning revenue is concentrated in warmer months and investors should plan for significant off-season softness.
According to Rabbu market data, the Jay short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 15 |
| Average Daily Rate (ADR) | vs. $219 state avg. | $382 |
| Average Occupancy Rate | vs. 28% state avg. | 17% |
| RevPAN | ADR * Occupancy Rate | $66 |
| Average Monthly Revenue | Historical 12-month average | $2,403 |
| Average Annual Revenue | Historical 12-month average | $28,845 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Jay for its premium nightly rates, lake-driven seasonal demand, and a still-small competitive set that offers early-mover advantages.
Key investment factors
"Jay presents a competitive but seasonal opportunity: the combination of a high ADR and very low supply creates room for well-run properties to generate meaningful peak-season income. That said, the 17% average occupancy rate underscores that this is not a year-round cash-flow market — July revenue of $5,334 dwarfs the $450 earned in February by more than tenfold. Investors who treat this as a summer-heavy play and price aggressively during shoulder months stand to outperform. With the ROI score at 43 out of 100, selective deal sourcing and realistic off-season expectations are essential."
— Rabbu Market Analysis Team
Jay's revenue profile is sharply seasonal: July leads at $5,334 and August follows at $4,418, while February bottoms out at just $450. The roughly 10x spread between peak and trough months means investors should budget for significant cash-flow swings and consider pricing strategies to capture shoulder-season demand in May, September, and October.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$498 |
| February |
|
$450 |
| March |
|
$1,466 |
| April |
|
$1,479 |
| May |
|
$2,511 |
| June |
|
$3,175 |
| July |
|
$5,334 |
| August |
|
$4,418 |
| September |
|
$2,513 |
| October |
|
$3,166 |
| November |
|
$2,157 |
| December |
|
$1,674 |
All reportable listings in Jay are 3-bedroom properties, with 5 active units in that category. The absence of data for other bedroom counts suggests either very low supply across other sizes or a market naturally gravitating toward mid-size lakefront rentals — potentially signaling opportunity for investors willing to offer differentiated configurations.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
5 |
Three-bedroom properties in Jay command an average daily rate of $188. While the overall market ADR is $382, the 3-bedroom figure suggests that larger or more premium properties in the market are pulling the aggregate substantially higher, which could indicate strong pricing upside for investors who target upscale or uniquely positioned listings.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$188 |
Three-bedroom listings generate a RevPAN of $37, reflecting the interaction of a $188 ADR with moderate occupancy. This relatively modest per-night yield highlights the importance of maximizing booked nights during peak season, since even small occupancy gains can meaningfully move the revenue needle in a market with this ADR level.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$37 |
Three-bedroom properties average 20% occupancy in Jay, which while slightly above the overall market's 17%, still signals that these units sit empty most of the year. Cash-flow stability in this market hinges almost entirely on capturing high-rate summer bookings rather than maintaining consistent year-round fill rates.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
20% |
Three-bedroom units earn an average of $2,152 per month, closely tracking the overall market average of $2,403. This consistency suggests that 3-bedrooms represent the core of the market's revenue profile, and investors in this configuration can expect returns broadly in line with market-wide performance.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$2,152 |
At $25,829 in average annual revenue, 3-bedroom properties offer a baseline earnings target for Jay investors. Against the market's average home value of $456,594, this translates to a gross yield of roughly 5.7%, which underscores the need for competitive acquisition pricing to make the numbers work.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$25,829 |
Kitchens appear in 100% of listings, while washers, dryers, patios, BBQ grills, and outdoor furniture each exceed 80% — signaling that guests expect a full home-like experience with strong outdoor living features. Notably, 60% of listings highlight waterfront access and lake access, confirming the lake-recreation orientation of the market and suggesting that properties without water proximity may struggle to compete.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Washer |
|
87% |
| Dryer |
|
87% |
| Patio or Balcony |
|
87% |
| BBQ Grill |
|
80% |
| Outdoor Furniture |
|
80% |
| Self Check-in |
|
73% |
| Parking |
|
73% |
| Waterfront |
|
60% |
| Lake Access |
|
60% |
| Backyard |
|
60% |
| Pets |
|
47% |
| Workspace |
|
47% |
| Hot Tub |
|
27% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Jay Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Above average | 15% |
Jay's ROI score of 43 out of 100 places it in the "Competitive Opportunity" band, meaning the market has genuine appeal but requires more selective deal sourcing to generate strong returns. The revenue-to-price ratio scores as average, while occupancy stability falls below average — both factors that weigh on overall investment reliability. On the positive side, above-average marks for market growth trend and supply/demand balance suggest the market is still developing, so pairing this data with thorough local regulatory research and conservative underwriting is recommended.
Understanding local STR regulations is essential before investing in Jay. Here's the current regulatory landscape:
Operators in Jay, Oklahoma should verify whether the city or Delaware County requires a short-term rental permit or business registration before listing a property. State and local requirements can change, so contacting Jay's city offices or the county clerk directly is the best way to confirm current obligations.
Common STR restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum-stay provisions. HOA covenants in lakefront communities can also impose additional rules, so investors should review any deed restrictions or community guidelines before purchasing.
Oklahoma requires short-term rental operators to collect state sales tax and any applicable local lodging or tourism taxes. Many booking platforms remit some of these taxes automatically, but hosts should confirm their specific obligations with the Oklahoma Tax Commission to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Jay can provide current regulatory guidance.
Financing an Airbnb investment in Jay requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Jay's STR market is likely to see continued listing growth — active supply has already surged 84% year-over-year — as investors recognize the lake-tourism opportunity. Summer months should remain the primary revenue driver, with July and August alone potentially accounting for over a third of annual income. ADR could hold steady or edge up modestly given the low supply base, though occupancy improvements will depend on whether new listings attract incremental demand or simply split existing bookings. Investors should budget conservatively for winter months, where revenue can dip below $500."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or seasonal anomalies. Local regulations, permit requirements, and tax obligations are subject to change; investors should verify current rules with local authorities before purchasing.
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