Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Altoona, AL
Fix & Flip
Motivated Seller
Rental Income
+ 1 more
$ 180,000
ROI
26.8
Cash Flow/m
352- 2 Bed
- 2 Bath
- 1728 sft
151 Friendship Rd, Altoona, AL, 35952
Listed for sale 7 days ago
$ 124,000
ROI
32.1Cash Flow/m
426- 3 Bed
- 2 Bath
- 1173 sft
7239 7th Ave, Altoona, AL, 35952
Fix & Flip
$ 149,900
ROI
28.7Cash Flow/m
372- 3 Bed
- 1 Bath
- 1248 sft
321 Egypt Mountain Rd, Altoona, AL, 35952
$ 140,000
ROI
27.3Cash Flow/m
295- 3 Bed
- 2 Bath
- 1 sft
3371 Vaughn Rd, 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.
Find Your Perfect Investment Property in Altoona, Alabama
Explore investment opportunities by strategy, performance, or property type
