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

Irondale, AL has a median modeled monthly cash flow of $-247 and a median cap rate of 5.2%, on a median sold price of $293,450. Prices changed +1.8% year over year.

What is the average cap rate in Irondale, AL?

The median cap rate across recently sold homes in Irondale, AL is 5.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Irondale, AL?

The median sold price in Irondale, AL is $293,450 (about $174 per square foot).

Investing in Irondale, AL Real Estate

A data-driven snapshot of the Irondale, 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.

$293,450Median sold price

$174Median $/sqft

5.2%Median cap rate

$-247Modeled cash flow / mo

+1.8%Appreciation YoY

5.6Months of supply

88Active listings

190Sold (last 12 mo)

What the Irondale numbers say

In Irondale, AL, the median home sold for $293,450 (about $174 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-247 of monthly cash flow. Sold prices moved +1.8% over the past year. Inventory sits at about 5.6 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 Irondale cash-flowing listings

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