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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

Listed for sale 1 day ago
$ 149,900
ROI
35.0
Cash Flow/m
637- 3 Bed
- 1 Bath
- 1112 sft
808 Meadowbrook Dr, Birmingham, AL, 35215

$ 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
$ 101,900
ROI
27.2
Cash Flow/m
210- 3 Bed
- 1 Bath
- 1140 sft
1744 Lincoln Pl SW, Birmingham, AL, 35211

Listed for sale 1 day ago
$ 180,000
ROI
27.0
Cash Flow/m
364- 3 Bed
- 2 Bath
- 1448 sft
709 85th St S, Birmingham, AL, 35206
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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