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

Good Hope, AL has a median modeled monthly cash flow of $-432 and a median cap rate of 4.3%, on a median sold price of $221,300. Prices changed +4.0% year over year.

What is the average cap rate in Good Hope, AL?

The median cap rate across recently sold homes in Good Hope, AL is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Good Hope, AL?

The median sold price in Good Hope, AL is $221,300 (about $155 per square foot).

Investing in Good Hope, AL Real Estate

A data-driven snapshot of the Good Hope, 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.

$221,300Median sold price

$155Median $/sqft

4.3%Median cap rate

$-432Modeled cash flow / mo

+4.0%Appreciation YoY

10.5Months of supply

55Active listings

63Sold (last 12 mo)

What the Good Hope numbers say

In Good Hope, AL, the median home sold for $221,300 (about $155 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-432 of monthly cash flow. Sold prices moved +4.0% over the past year. Inventory sits at about 10.5 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 Good Hope cash-flowing listings

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