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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Athens, AL
Listed for sale 2 days ago
$ 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
21.4Cash Flow/m
77- 2 Bed
- 2 Bath
- 955 sft
5799 Bay Village Dr APT 2004, Athens, AL, 35611
$ 217,500
ROI
24.3Cash Flow/m
277- 1 Bed
- 1 Bath
- 756 sft
12100 Two Rivers Dr #B1/3, Athens, AL, 35611
$ 127,000
ROI
33.0Cash Flow/m
469- 2 Bed
- 2 Bath
- 920 sft
5835 Bay Village Dr STE 205, 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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