A self-consistent model is applied to predict the creep cavity growth and strain rates in metals from the perspective of self-healing. In this model, the creep cavity growth rate is intricately linked to the strain rate. The self-healing process causes precipitates to grow inside creep cavities. Due to the Kirkendall effect, a diffusional flux of vacancies is induced in the direction away from the creep cavity during this selective self-healing precipitation. This process impedes the creep cavity growth. The critical stress for self-healing can be derived, and an analysis is made of the efficiency of self-healing elements in binary Fe–Cu, Fe–Au, Fe–Mo, and Fe–W alloys. Fe–Au is found to be the most efficient self-healing alloy. Fe–Mo and Fe–W alloys provide good alternatives that have the potential to be employed at high temperatures.