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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
Listed for sale 1 day ago
$ 190,000
ROI
27.7
Cash Flow/m
421- 3 Bed
- 2 Bath
- 2201 sft
3601 Lott Rd, Eight Mile, AL, 36613
$ 230,000
ROI
23.4Cash Flow/m
233- 3 Bed
- 2 Bath
- 1323 sft
6980 William Way E, Eight Mile, AL, 36613
Fix & Flip
$ 155,000
ROI
34.5Cash Flow/m
635- 3 Bed
- 2 Bath
- 1582 sft
6130 Longview Rd, Eight Mile, AL, 36613
$ 250,000
ROI
26.9Cash Flow/m
497- 3 Bed
- 2 Bath
- 1728 sft
5201 Lott Rd, 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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