Is Alpena, AR a good place to invest in rental property?

Alpena, AR has a median modeled monthly cash flow of $-891 and a median cap rate of 2.5%, on a median sold price of $222,000. Prices changed +22.9% year over year.

What is the average cap rate in Alpena, AR?

The median cap rate across recently sold homes in Alpena, AR is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alpena, AR?

The median sold price in Alpena, AR is $222,000 (about $161 per square foot).

Investing in Alpena, AR Real Estate

A data-driven snapshot of the Alpena, AR 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.

$222,000Median sold price

$161Median $/sqft

2.5%Median cap rate

$-891Modeled cash flow / mo

+22.9%Appreciation YoY

5.5Months of supply

16Active listings

35Sold (last 12 mo)

What the Alpena numbers say

In Alpena, AR, the median home sold for $222,000 (about $161 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-891 of monthly cash flow. Sold prices moved +22.9% over the past year. Inventory sits at about 5.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Arkansas markets to compare

See Alpena cash-flowing listings

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