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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Eight Mile, AL
Fix & Flip
$ 124,999
ROI
26.8
Cash Flow/m
243- 3 Bed
- 2 Bath
- 1400 sft
5885 Joyce Ave N, Eight Mile, AL, 36613
$ 150,000
ROI
29.4Cash Flow/m
403- 3 Bed
- 1 Bath
- 1263 sft
4135 Jamett Cir, Eight Mile, AL, 36613
$ 225,000
ROI
23.6Cash Flow/m
243- 3 Bed
- 2 Bath
- 1630 sft
4219 Golfway Dr, Eight Mile, AL, 36613
$ 100,000
ROI
56.0Cash Flow/m
1009- 3 Bed
- 2 Bath
- 2530 sft
5104 University Blvd, Eight Mile, AL, 36613
Why Invest in Eight Mile, Alabama?
Investing in Eight Mile, AL provides opportunities for properties under $500k with favorable rental yields, and it's an attractive area for cash flow positive investments. The region has shown consistent appreciation over the past few years, making it a promising market for real estate investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Eight Mile is around $1,200 per month, making it an affordable option for renters.
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