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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Birmingham, AL

Fix & Flip
Listed for sale 1 day ago
$ 185,000
ROI
26.8
Cash Flow/m
365- 4 Bed
- 3 Bath
- 2380 sft
530 Carlton Pl, Birmingham, AL, 35214

$ 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 2 days ago
$ 109,500
ROI
26.8
Cash Flow/m
215- 1 Bed
- 1 Bath
- 715 sft
2110 Montreat Way APT B, Birmingham, AL, 35216

Listed for sale 2 days ago
$ 174,900
ROI
32.1
Cash Flow/m
603- 4 Bed
- 2 Bath
- 1448 sft
2112 Merry Dr NE, Birmingham, AL, 35215
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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