Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 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.
Find Your Perfect Investment Property in Altoona, Alabama
Explore investment opportunities by strategy, performance, or property type
