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

Hanceville, AL has a median modeled monthly cash flow of $-483 and a median cap rate of 3.7%, on a median sold price of $192,000. Prices changed -1.1% year over year.

What is the average cap rate in Hanceville, AL?

The median cap rate across recently sold homes in Hanceville, AL is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hanceville, AL?

The median sold price in Hanceville, AL is $192,000 (about $138 per square foot).

Investing in Hanceville, AL Real Estate

A data-driven snapshot of the Hanceville, 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.

$192,000Median sold price

$138Median $/sqft

3.7%Median cap rate

$-483Modeled cash flow / mo

-1.1%Appreciation YoY

6.9Months of supply

48Active listings

84Sold (last 12 mo)

What the Hanceville numbers say

In Hanceville, AL, the median home sold for $192,000 (about $138 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-483 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 6.9 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 Hanceville cash-flowing listings

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