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Talladega vs Troy for Rental Property Investing

Side-by-side comparison of Talladega, AL and Troy, AL — cap rates, rent, prices, and investment metrics.

Talladega wins 3–0 across key metrics
Talladega leads on cash flow (7.06% vs 6.92% cap rate)
Metric
Talladega, AL
Troy, AL
Est. Cap Rate
7.06%
6.92%
Median Home Price
$175,000
$160,000
Median Monthly Rent
$1,290
$1,160
1% Rule
0.74%
0.73%
GRM
11.3x
11.5x
Price / Income
3.5x
3.2x
Property Tax Rate
0.42%
0.42%
Vacancy Rate
6.4%
6.4%
Population Growth
0.8% / yr
0.8% / yr
Annual Appreciation
2.3%
2.3%
Population
50,000
50,000
Median Income
$49,614
$49,614

Talladega vs Troy: Which Is Better for Investors?

Cash flow: Talladega has the edge with an estimated cap rate of 7.06% compared to Troy's 6.92%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $175,000 in Talladega vs $160,000 in Troy, while rents come in at $1,290/mo and $1,160/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Talladega is growing faster at 0.8% annually vs Troy's 0.8%. Talladega leads on home value appreciation at 2.3% per year.

Costs & risk: Property taxes are 0.42% in Talladega vs 0.42% in Troy. Vacancy rates of 6.4% and 6.4% are mixed — Troy has the tighter rental market.

Entry point: Troy offers a lower entry at $160K vs Talladega's $175K — a difference of $15K. With a 20% down payment, that's $32K vs $35K. Talladega's higher price may be justified by better market fundamentals.

Bottom line: Talladega edges out Troy on most key metrics. With a 7.06% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Talladega or Troy.

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Talladega, AL
7.06% cap rate · $175,000 median · $1,290/mo
Full analysis →
Troy, AL
6.92% cap rate · $160,000 median · $1,160/mo
Full analysis →

Frequently Asked Questions

Is Talladega or Troy better for rental investing?
Talladega wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Talladega's 7.06% cap rate and $175K median price edge out Troy's 6.92% at $160K.
What is the cap rate difference between Talladega and Troy?
Talladega has a 7.06% cap rate vs Troy's 6.92% — a difference of 0.14 percentage points. This is a relatively small difference — other factors like growth, taxes, and local market conditions may matter more. For context, the national average is 3.81%.
Which city has lower property taxes?
Troy has lower property taxes at 0.42% vs 0.42%. On a $168K property, that's a difference of approximately $63/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Talladega is growing at 0.8% annually vs Troy's 0.8%. Moderate growth provides stable demand. Talladega's appreciation rate of 2.3% also leads on home value growth.

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