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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Athens, AL

$ 205,000
ROI
25.2
Cash Flow/m
309- 3 Bed
- 2 Bath
- 1344 sft
5835 Bay Village Dr APT 101, Athens, AL, 35611

$ 158,900
ROI
21.1
Cash Flow/m
60- 2 Bed
- 2 Bath
- 955 sft
5799 Bay Village Dr APT 2005, Athens, AL, 35611

$ 165,000
ROI
21.4
Cash Flow/m
77- 2 Bed
- 2 Bath
- 955 sft
5799 Bay Village Dr APT 2004, Athens, AL, 35611

$ 217,500
ROI
24.3
Cash Flow/m
277- 1 Bed
- 1 Bath
- 756 sft
12100 Two Rivers Dr #B1/3, Athens, AL, 35611
Why Invest in Athens, Alabama?
Athens, AL condo investments offer steady rental demand from growing workforce and students. Recent data shows median home prices around $320K with 8-9% appreciation, supporting solid cap rates. Renter occupancy exceeds 30%, bolstered by local job growth and low vacancy trends. Cash flow potential remains strong amid balanced inventory of 4-5 months supply. Target condos for reliable yields in this affordable market near Huntsville.
7.2%
Avg. ROI
6.1%
Rental Yield
5.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
8.9%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer strong rental yields around 6% with growing demand from workers and students. Median prices near $320K provide entry at affordable levels. Low vacancy supports consistent cash flow.
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