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Market MapAlabamaMadison

Madison County

AlabamaPopulation: 389,781
55
/100
Hold
#460 of 1,000 counties
#39 in Alabama (67 counties)

Market Snapshot

$308,111
Median Home Price
32% above national median
$1,374/mo
Median Rent
9% below national median
5.35%
Rent-to-Price Ratio
Top 64% nationally
-$722
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$308,111
Down Payment (20%)$61,622
Loan Amount$246,489
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,374
Monthly P&I-$1,615
Est. Expenses (35%)-$481
Net Cash Flow-$722/mo
3.5%
Cap Rate (all cash)
-12.2%
Cash-on-Cash Return
5.35%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.5% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
55/100
55
Cash Flow(30%)
50/100

Based on 5.35% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
53/100

Based on 0.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
71/100

Price-to-income ratio of 3.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$722/mo)
  • -Negative leverage (cap rate 3.5% < mortgage rate 6.9%)

Economic Indicators

Population
389,781
Median Income
$78,058
vs $57,022 national est.
Unemployment Rate
—
Data pending
Price-to-Income
3.9x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
LauderdaleAL
58$212,925$1,1606.53%HoldView
ChambersAL
57$134,618Est. pending—HoldView
PikeAL
57$158,011$1,1558.77%HoldView
CurrentMadisonAL
55$308,111$1,3745.35%Hold
MarionAL
54$157,231Est. pending—HoldView
MonroeAL
54$130,047Est. pending—HoldView

The Bottom Line

HoldMadison is a neutral market. Consider house hacking or targeting below-market deals.

Madison County in Alabama scores 55/100, ranking #460 of 1,000 US counties (top 61%). The 5.35% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-722/mo
Cap Rate
3.5%
Cash-on-Cash
-12.2%

Ready to Analyze a Deal in Madison?

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