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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Athens, AL
$ 127,000
ROI
33.0
Cash Flow/m
469- 2 Bed
- 2 Bath
- 920 sft
5835 Bay Village Dr STE 205, Athens, AL, 35611
$ 220,000
ROI
25.6Cash Flow/m
359- 2 Bed
- 2 Bath
- 1372 sft
6122 Bay Village Dr APT 211, Athens, AL, 35611
$ 286,900
ROI
22.9Cash Flow/m
252- 3 Bed
- 2 Bath
- 1764 sft
6122 Bay Village Dr APT 307, Athens, AL, 35611
$ 159,900
ROI
32.9Cash Flow/m
587- 2 Bed
- 2 Bath
- 1000 sft
5799 Bay Village Dr APT 1004, 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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