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

Evergreen, AL has a median modeled monthly cash flow of $-318 and a median cap rate of 4.2%, on a median sold price of $108,000. Prices changed +2.7% year over year.

What is the average cap rate in Evergreen, AL?

The median cap rate across recently sold homes in Evergreen, AL is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Evergreen, AL?

The median sold price in Evergreen, AL is $108,000 (about $77 per square foot).

Investing in Evergreen, AL Real Estate

A data-driven snapshot of the Evergreen, 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.

$108,000Median sold price

$77Median $/sqft

4.2%Median cap rate

$-318Modeled cash flow / mo

+2.7%Appreciation YoY

14.8Months of supply

42Active listings

34Sold (last 12 mo)

What the Evergreen numbers say

In Evergreen, AL, the median home sold for $108,000 (about $77 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-318 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 14.8 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.

Other Alabama markets to compare

See Evergreen cash-flowing listings

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