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

Theodore, AL has a median modeled monthly cash flow of $-325 and a median cap rate of 4.9%, on a median sold price of $225,000. Prices changed +1.4% year over year.

What is the average cap rate in Theodore, AL?

The median cap rate across recently sold homes in Theodore, AL is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Theodore, AL?

The median sold price in Theodore, AL is $225,000 (about $147 per square foot).

Investing in Theodore, AL Real Estate

A data-driven snapshot of the Theodore, 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.

$225,000Median sold price

$147Median $/sqft

4.8%Median cap rate

$-325Modeled cash flow / mo

+1.4%Appreciation YoY

6.9Months of supply

126Active listings

218Sold (last 12 mo)

What the Theodore numbers say

In Theodore, AL, the median home sold for $225,000 (about $147 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-325 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 6.9 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 Theodore cash-flowing listings

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