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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Florence, AL
Listed for sale 3 days ago
$ 269,900
ROI
23.4
Cash Flow/m
277- 3 Bed
- 2 Bath
- 1726 sft
246 New Castle Dr, Florence, AL, 35633
Listed for sale 3 days ago
$ 264,900
ROI
26.1Cash Flow/m
466- 2 Bed
- 2 Bath
- 1372 sft
2309 Parc Pl, Florence, AL, 35630
Listed for sale 4 days ago
$ 355,000
ROI
26.1Cash Flow/m
628- 4 Bed
- 3 Bath
- 2400 sft
2012 Stoddard Dr, Florence, AL, 35630
Listed for sale 5 days ago
$ 195,000
ROI
31.3Cash Flow/m
627- 4 Bed
- 2 Bath
- 2353 sft
161 Patsy Dr, Florence, AL, 35633
Why Invest in Florence, Alabama?
Investing in Florence, AL's real estate is promising, especially with multifamily opportunities. The city boasts an average rental yield of 6.5%, providing a strong return on investment. Additionally, the local economy is supported by major employers and a recent job growth rate of 3%, ensuring a stable rental market.
8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Florence is approximately $950 per month, which provides a solid return for investors in the rental market.
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