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

Mobile, AL has a median modeled monthly cash flow of $-311 and a median cap rate of 4.9%, on a median sold price of $234,000. Prices changed +3.0% year over year.

What is the average cap rate in Mobile, AL?

The median cap rate across recently sold homes in Mobile, AL is 4.9%, 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 $234,000 (about $139 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.

$234,000Median sold price

$139Median $/sqft

4.9%Median cap rate

$-311Modeled cash flow / mo

+3.0%Appreciation YoY

7.2Months of supply

1,566Active listings

2,620Sold (last 12 mo)

What the Mobile numbers say

In Mobile, AL, the median home sold for $234,000 (about $139 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-311 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 7.2 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.

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.