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

Shelby, AL has a median modeled monthly cash flow of $-1,774 and a median cap rate of 1.4%, on a median sold price of $238,750. Prices changed -31.5% year over year.

What is the average cap rate in Shelby, AL?

The median cap rate across recently sold homes in Shelby, AL is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shelby, AL?

The median sold price in Shelby, AL is $238,750 (about $146 per square foot).

Investing in Shelby, AL Real Estate

A data-driven snapshot of the Shelby, 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.

$238,750Median sold price

$146Median $/sqft

1.4%Median cap rate

$-1,774Modeled cash flow / mo

-31.5%Appreciation YoY

9.6Months of supply

40Active listings

50Sold (last 12 mo)

What the Shelby numbers say

In Shelby, AL, the median home sold for $238,750 (about $146 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-1,774 of monthly cash flow. Sold prices moved -31.5% over the past year. Inventory sits at about 9.6 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 Shelby cash-flowing listings

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