Updated 2026 · Based on median market data for Enterprise, AL
Enterprise sits in the South with a population of 50,000 growing at 0.8% annually. The median home costs $175,000 while rents average $1,420/mo, producing an estimated cap rate of 7.89%. This puts Enterprise in the upper tier of investable US markets.
Enterprise is ideal for cash flow investors, BRRRR practitioners, and anyone building a portfolio of affordable, income-producing rentals. The low price point ($175,000) means you can get started with a $35,000 down payment, and the 7.89% cap rate should produce positive cash flow even with conservative financing.
Target properties priced 15-25% below the $175,000 median — around $140,000 or less. At this price point with $1,420/mo rents, your cap rate improves to roughly 10.2%. Factor in 0.42% property taxes ($735/yr), budget 5% of gross rent for maintenance, and underwrite to a 6.4% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,092.
Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.
Run the numbers on a specific Enterprise property using our cap rate calculator (pre-filled with Enterprise data). Compare Enterprise against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.
Enterprise vs Alabama state average and national average across key investment metrics. Enterprise outperforms both benchmarks on cap rate.