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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Altoona, AL
Listed for sale 5 days ago
$ 159,900
ROI
20.5
Cash Flow/m
32- 1 Bed
- 1 Bath
- 600 sft
3341 Jackson Trl, Altoona, AL, 35952
$ 170,000
ROI
24.3Cash Flow/m
213- 1 Bed
- 1 Bath
- 640 sft
43685 State Highway 75, Altoona, AL, 35952
$ 119,000
ROI
33.0Cash Flow/m
440- 2 Bed
- 1 Bath
- 1300 sft
4470 Susan Moore Rd, Altoona, AL, 35952
Fix & Flip
$ 100,000
ROI
26.6Cash Flow/m
191- 3 Bed
- 2 Bath
- 2048 sft
38848 State Highway 75, Altoona, AL, 35952
Why Invest in Altoona, Alabama?
Investing in Altoona, AL, offers unique opportunities for properties priced under $200k. With an average rental yield of around 8% and a favorable cap rate, this market is appealing for both novice and seasoned investors. The local economy is on an upswing, with job growth steadily increasing, making it an attractive choice for long-term investments.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The rental market in Altoona is robust, with a growth rate of around 5% annually. Due to a moderate vacancy rate, rental properties are in demand, particularly for lower-priced homes.
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