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

New Hope, AL has a median modeled monthly cash flow of $-638 and a median cap rate of 3.4%, on a median sold price of $256,088. Prices changed +10.3% year over year.

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

The median cap rate across recently sold homes in New Hope, AL is 3.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Hope, AL is $256,088 (about $171 per square foot).

Investing in New Hope, AL Real Estate

A data-driven snapshot of the New 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.

$256,088Median sold price

$171Median $/sqft

3.4%Median cap rate

$-638Modeled cash flow / mo

+10.3%Appreciation YoY

6.1Months of supply

52Active listings

102Sold (last 12 mo)

What the New Hope numbers say

In New Hope, AL, the median home sold for $256,088 (about $171 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-638 of monthly cash flow. Sold prices moved +10.3% over the past year. Inventory sits at about 6.1 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 New Hope cash-flowing listings

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