Investment Properties Under $300K in Elmore, AL | Ziffy.ai
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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

Property at 40 Brownstone Way, Elmore, AL
$ 274,500
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign439
  • 4 Bed
  • 2 Bath
  • 1961 sft
40 Brownstone Way, Elmore, AL, 36025
Property at 6730 Governors Dr, Elmore, AL
Rental Income
$ 179,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign185
  • 3 Bed
  • 2 Bath
  • 1314 sft
6730 Governors Dr, Elmore, AL, 36025
Property at 245 Brownstone Loop, Elmore, AL
$ 287,900
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign865
  • 4 Bed
  • 2 Bath
  • 1665 sft
245 Brownstone Loop, Elmore, AL, 36022
Property at 50 Harris Rd, Elmore, AL
$ 290,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign583
  • 4 Bed
  • 3 Bath
  • 3076 sft
50 Harris Rd, 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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