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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 3 days ago
$ 249,900
ROI
21.0Cash Flow/m
86- 3 Bed
- 2 Bath
- 2059 sft
6243 Sloan Dr, Altoona, AL, 35952
$ 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
Why Invest in Altoona, Alabama?
Investing in properties under $500k in Altoona, AL, offers an attractive opportunity for real estate investors. With an average rental yield of 8% and a solid cap rate of 7%, returns are promising. The area is experiencing a moderate appreciation rate of 4% and a stable average cash flow of $300 per month, supported by a renter-occupied rate of 70%.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Altoona real estate provides competitive rental yields and appreciation rates. Its growing economy and stable job market create a strong demand for rental properties.
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