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

Double Springs, AL has a median modeled monthly cash flow of $-2,345 and a median cap rate of 0.9%, on a median sold price of $195,000. Prices changed +72.1% year over year.

What is the average cap rate in Double Springs, AL?

The median cap rate across recently sold homes in Double Springs, AL is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Double Springs, AL?

The median sold price in Double Springs, AL is $195,000 (about $210 per square foot).

Investing in Double Springs, AL Real Estate

A data-driven snapshot of the Double Springs, 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.

$195,000Median sold price

$210Median $/sqft

0.8%Median cap rate

$-2,345Modeled cash flow / mo

+72.1%Appreciation YoY

5.3Months of supply

29Active listings

66Sold (last 12 mo)

What the Double Springs numbers say

In Double Springs, AL, the median home sold for $195,000 (about $210 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-2,345 of monthly cash flow. Sold prices moved +72.1% over the past year. Inventory sits at about 5.3 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 Double Springs cash-flowing listings

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