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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
$ 189,900
ROI
34.7
Cash Flow/m
791- 3 Bed
- 1 Bath
- 1404 sft
201 Riversight Dr, Altoona, AL, 35952
$ 199,900
ROI
20.8Cash Flow/m
56- 3 Bed
- 2 Bath
- 1568 sft
465 Pine Trl, Altoona, AL, 35952
$ 159,900
ROI
20.5Cash 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
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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