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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Double Springs, AL
Listed for sale 5 days ago
$ 499,000
ROI
34.8
Cash Flow/m
2083- 4 Bed
- 3 Bath
- 3029 sft
258 Sipsey Pike Pike, Double Springs, AL, 35553
$ 255,000
ROI
24.5Cash Flow/m
340- 3 Bed
- 3 Bath
- 1700 sft
17550 Highway 195, Double Springs, AL, 35553
$ 399,900
ROI
20.8Cash Flow/m
118- 3 Bed
- 2 Bath
- 1976 sft
979 County Road 55, Double Springs, AL, 35553
$ 229,900
ROI
33.1Cash Flow/m
855- 3 Bed
- 2 Bath
- 1690 sft
139 Phillips St, Double Springs, AL, 35553
Why Invest in Double Springs, Alabama?
Investing under $500k in Double Springs, Alabama, presents an enticing opportunity in a growing market. With an average cap rate of 7.5% and a rental yield of 8%, investors can find excellent cash flow properties. The area's appreciation rate is around 4%, which is promising for long-term growth.
12%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Double Springs is about $1,200 per month, making it an affordable option for renters.
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