Under $200K Investment Properties for Sale in Birmingham, AL

Listed for sale 1 day ago
$ 185,000
ROI
27.5
Cash Flow/m
396- 3 Bed
- 2 Bath
- 2660 sft
3345 Hillcrest Ave, Birmingham, AL, 35224

$ 179,000
ROI
27.4
Cash Flow/m
379- 2 Bed
- 2 Bath
- 1121 sft
409 Morning Sun Dr #409, BIRMINGHAM, AL, 35242

Listed for sale 1 day ago
$ 199,900
ROI
30.2
Cash Flow/m
579- 3 Bed
- 2 Bath
- 1720 sft
750 78th Pl S, Birmingham, AL, 35206

Listed for sale 2 days ago
$ 179,900
ROI
24.1
Cash Flow/m
218- 1 Bed
- 1 Bath
- 663 sft
1325 31st St S APT D, Birmingham, AL, 35205
Why Invest in Birmingham, Alabama?
Birmingham, AL offers strong investment opportunities in homes under $200k, with affordable entry points in a growing Southern market. Stable rental demand supports yields around 8-10%, driven by a renter-occupied rate near 60%. Cap rates average 7-9% in this price range, bolstered by modest appreciation of 3-5% annually. Cash flow potential remains solid amid employment growth in healthcare and manufacturing hubs.
9.2%
Avg. ROI
8.5%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Investors see avg ROI of 9% with cap rates around 8%, per market trends. Rental yields hit 8-9% due to strong demand. Cash flow averages $400-500 monthly after expenses.
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