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

Dothan, AL has a median modeled monthly cash flow of $-373 and a median cap rate of 4.6%, on a median sold price of $244,900. Prices changed +4.2% year over year.

What is the average cap rate in Dothan, AL?

The median cap rate across recently sold homes in Dothan, AL is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dothan, AL?

The median sold price in Dothan, AL is $244,900 (about $137 per square foot).

Investing in Dothan, AL Real Estate

A data-driven snapshot of the Dothan, 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.

$244,900Median sold price

$137Median $/sqft

4.6%Median cap rate

$-373Modeled cash flow / mo

+4.2%Appreciation YoY

14.7Months of supply

1,069Active listings

873Sold (last 12 mo)

What the Dothan numbers say

In Dothan, AL, the median home sold for $244,900 (about $137 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-373 of monthly cash flow. Sold prices moved +4.2% over the past year. Inventory sits at about 14.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 14 fix-and-flip deals in Dothan — listings where the estimated after-repair value beats list price + rehab.

Other Alabama markets to compare

See Dothan cash-flowing listings

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