Side-by-side comparison of Dothan, AL and Albertville, AL — cap rates, rent, prices, and investment metrics.
Cash flow: Dothan has the edge with an estimated cap rate of 5.80% compared to Albertville's 5.61%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $190,000 in Dothan vs $240,000 in Albertville, while rents come in at $1,190/mo and $1,460/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Albertville is growing faster at 0.8% annually vs Dothan's 0.3%. Albertville leads on home value appreciation at 2.3% per year.
Costs & risk: Property taxes are 0.4% in Dothan vs 0.42% in Albertville. Vacancy rates of 6.8% and 6.4% are mixed — Albertville has the tighter rental market.
Entry point: Dothan offers a lower entry at $190K vs Albertville's $240K — a difference of $50K. With a 20% down payment, that's $38K vs $48K. Dothan combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Dothan edges out Albertville on most key metrics. With a 5.80% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Dothan or Albertville.