Under $200K Investment Properties for Sale in Altoona, AL
$ 174,900
ROI
31.4
Cash Flow/m
566- 3 Bed
- 2 Bath
- 1208 sft
731 Williamsburg Rd, Altoona, AL, 35952
$ 199,999
ROI
24.1Cash Flow/m
240- 3 Bed
- 1 Bath
- 1510 sft
756 Ridgeway Rd, Altoona, AL, 35952
Fix & Flip
Motivated Seller
Rental Income
$ 180,000
ROI
26.8Cash Flow/m
352- 2 Bed
- 2 Bath
- 1728 sft
151 Friendship Rd, Altoona, AL, 35952
$ 124,000
ROI
32.1Cash Flow/m
426- 3 Bed
- 2 Bath
- 1173 sft
7239 7th Ave, 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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