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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elmore, AL
$ 280,000
ROI
28.0
Cash Flow/m
640- 4 Bed
- 2 Bath
- 1660 sft
132 Silver Crest Dr, Elmore, AL, 36025
$ 120,000
ROI
35.4Cash Flow/m
523- 3 Bed
- 2 Bath
- 1568 sft
119 Bubba Ln, Elmore, AL, 36025
$ 299,900
ROI
23.4Cash Flow/m
300- 4 Bed
- 2 Bath
- 1704 sft
11 Zachary Cir, Elmore, AL, 36025
$ 150,000
ROI
28.2Cash Flow/m
351- 3 Bed
- 2 Bath
- 1408 sft
41 Crenshaw St, Elmore, AL, 36025
Why Invest in Elmore, Alabama?
Investing in Elmore, AL, offers unique opportunities with homes priced under $300,000. The area boasts an average rental yield of around 7%, making it an attractive option for cash flow-oriented investors. With a stable job growth of approximately 2% and a median income level of $60,000, Elmore presents a strong investment landscape.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Elmore, AL, is approximately $1,200 per month, making it an affordable option for both residents and investors.
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