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

Elkmont, AL has a median modeled monthly cash flow of $-785 and a median cap rate of 3.1%, on a median sold price of $228,625. Prices changed +4.1% year over year.

What is the average cap rate in Elkmont, AL?

The median cap rate across recently sold homes in Elkmont, AL is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elkmont, AL?

The median sold price in Elkmont, AL is $228,625 (about $165 per square foot).

Investing in Elkmont, AL Real Estate

A data-driven snapshot of the Elkmont, 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.

$228,625Median sold price

$165Median $/sqft

3.1%Median cap rate

$-785Modeled cash flow / mo

+4.1%Appreciation YoY

5.5Months of supply

71Active listings

154Sold (last 12 mo)

What the Elkmont numbers say

In Elkmont, AL, the median home sold for $228,625 (about $165 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-785 of monthly cash flow. Sold prices moved +4.1% over the past year. Inventory sits at about 5.5 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 Elkmont cash-flowing listings

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