Under $200K Investment Properties for Sale in Alabama
333- 4 Bed
- 2 Bath
- 1716 sft
644- 3 Bed
- 1 Bath
- 1116 sft
264- 2 Bed
- 1 Bath
- 970 sft
252- 2 Bed
- 2 Bath
- 864 sft
Why Invest in Alabama?
Alabama offers strong opportunities for real estate investments under $200k, particularly in affordable single-family homes and small multifamily units generating solid cash flow. The state's median home prices remain accessible, supporting higher rental yields in growing metro areas like Birmingham and Montgomery. With stable employment in manufacturing and healthcare, demand for rentals stays consistent. Cap rates around 8-10% make these properties attractive for passive income. Annual appreciation of 4-5% adds long-term value for investors. Renter-occupied housing exceeds 35%, ensuring reliable tenant pools. Low entry costs allow diversification across multiple deals.
Frequently Asked Questions
Yes, Alabama has abundant single-family homes and duplexes under $200k, especially in Birmingham and Montgomery suburbs. These properties offer cap rates of 8-10% and monthly cash flows around $400-600. Government data from Census confirms high renter demand sustains profitability.
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