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

Fort Payne, AL has a median modeled monthly cash flow of $-743 and a median cap rate of 3.2%, on a median sold price of $220,000. Prices changed +0.0% year over year.

What is the average cap rate in Fort Payne, AL?

The median cap rate across recently sold homes in Fort Payne, AL is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fort Payne, AL?

The median sold price in Fort Payne, AL is $220,000 (about $150 per square foot).

Investing in Fort Payne, AL Real Estate

A data-driven snapshot of the Fort Payne, 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.

$220,000Median sold price

$150Median $/sqft

3.2%Median cap rate

$-743Modeled cash flow / mo

+0.0%Appreciation YoY

9.6Months of supply

177Active listings

222Sold (last 12 mo)

What the Fort Payne numbers say

In Fort Payne, AL, the median home sold for $220,000 (about $150 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-743 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 9.6 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 Fort Payne cash-flowing listings

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