Is Coden, AL a good place to invest in rental property?

Coden, AL has a median modeled monthly cash flow of $-1,885 and a median cap rate of 1.8%, on a median sold price of $142,500. Prices changed -11.9% year over year.

What is the average cap rate in Coden, AL?

The median cap rate across recently sold homes in Coden, AL is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Coden, AL?

The median sold price in Coden, AL is $142,500 (about $156 per square foot).

Investing in Coden, AL Real Estate

A data-driven snapshot of the Coden, AL 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.

$142,500Median sold price

$156Median $/sqft

1.8%Median cap rate

$-1,885Modeled cash flow / mo

-11.9%Appreciation YoY

4.4Months of supply

17Active listings

46Sold (last 12 mo)

What the Coden numbers say

In Coden, AL, the median home sold for $142,500 (about $156 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,885 of monthly cash flow. Sold prices moved -11.9% over the past year. Inventory sits at about 4.4 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Alabama markets to compare

See Coden cash-flowing listings

CashFlowRE ranks every for-sale home in Coden, AL 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 Coden deals, or browse the national market data.