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

Mobile, AL has a median modeled monthly cash flow of $-262 and a median cap rate of 5.1%, on a median sold price of $239,000. Prices changed +2.2% year over year.

What is the average cap rate in Mobile, AL?

The median cap rate across recently sold homes in Mobile, AL is 5.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mobile, AL?

The median sold price in Mobile, AL is $239,000 (about $140 per square foot).

Investing in Mobile, AL Real Estate

A data-driven snapshot of the Mobile, 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.

$239,000Median sold price

$140Median $/sqft

5.0%Median cap rate

$-262Modeled cash flow / mo

+2.2%Appreciation YoY

9.2Months of supply

2,131Active listings

2,772Sold (last 12 mo)

What the Mobile numbers say

In Mobile, AL, the median home sold for $239,000 (about $140 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-262 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 9.2 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.

🔨 See 13 fix-and-flip deals in Mobile — listings where the estimated after-repair value beats list price + rehab.

Other Alabama markets to compare

See Mobile cash-flowing listings

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