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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Altoona, AL
Listed for sale 1 day ago
$ 224,900
ROI
34.1
Cash Flow/m
895- 2 Bed
- 2 Bath
- 1800 sft
1074 Mount Carmel Rd, Altoona, AL, 35952
$ 189,900
ROI
34.7Cash Flow/m
791- 3 Bed
- 1 Bath
- 1404 sft
201 Riversight Dr, Altoona, AL, 35952
Rental Income
$ 210,000
ROI
23.1Cash Flow/m
198- 2 Bed
- 2 Bath
- 1728 sft
151 Friendship Rd, Altoona, AL, 35952
$ 199,900
ROI
20.8Cash Flow/m
56- 3 Bed
- 2 Bath
- 1568 sft
465 Pine Trl, Altoona, AL, 35952
Why Invest in Altoona, Alabama?
Investing in Altoona, AL, under $300k offers a unique opportunity for real estate investors. The area showcases a growing rental market with a favorable average cash flow and cap rates. With a reasonable average rent, you can expect good returns and potential appreciation in the coming years.
8.5%
Avg. ROI
7.2%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Altoona is approximately $900 per month, making it an attractive area for renters. This affordability supports strong tenant demand.
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