Under $300K Investment Properties for Sale in Elmore, AL

Property at 49 Clearview Ln, Elmore, AL
$ 275,000
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign668
  • 4 Bed
  • 2 Bath
  • 1599 sft
49 Clearview Ln, Elmore, AL, 36025
Property at 41 Crenshaw St, Elmore, AL
$ 165,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign378
  • 3 Bed
  • 2 Bath
  • 1408 sft
41 Crenshaw St, Elmore, AL, 36025
Property at 6701 Buttercup Dr, Elmore, AL
$ 215,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign286
  • 2 Bed
  • 2 Bath
  • 1414 sft
6701 Buttercup Dr, Elmore, AL, 36025
Property at 6420 Rives Rd, Elmore, AL
Fix & Flip
$ 159,900
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign297
  • 3 Bed
  • 2 Bath
  • 1673 sft
6420 Rives 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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