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

Pike Road, AL has a median modeled monthly cash flow of $-1,203 and a median cap rate of 3.4%, on a median sold price of $424,764. Prices changed +3.4% year over year.

What is the average cap rate in Pike Road, AL?

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

What is the median home price in Pike Road, AL?

The median sold price in Pike Road, AL is $424,764 (about $181 per square foot).

Investing in Pike Road, AL Real Estate

A data-driven snapshot of the Pike Road, 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.

$424,764Median sold price

$181Median $/sqft

3.4%Median cap rate

$-1,203Modeled cash flow / mo

+3.4%Appreciation YoY

11.8Months of supply

78Active listings

79Sold (last 12 mo)

What the Pike Road numbers say

In Pike Road, AL, the median home sold for $424,764 (about $181 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,203 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 11.8 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 Pike Road cash-flowing listings

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