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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
Listed for sale 4 days ago
$ 159,900
ROI
20.5
Cash 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
$ 119,000
ROI
33.0Cash Flow/m
440- 2 Bed
- 1 Bath
- 1300 sft
4470 Susan Moore Rd, Altoona, AL, 35952
$ 268,000
ROI
29.0Cash Flow/m
689- 4 Bed
- 3 Bath
- 2123 sft
38533 State Highway 75, 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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