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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Florence, AL
Listed for sale 1 day ago
$ 324,900
ROI
19.9
Cash Flow/m
8- 2 Bed
- 2 Bath
- 1482 sft
1120 Beacon Pkwy E Unit 606, Birmingham, AL, 35209
Listed for sale 1 day ago
$ 312,000
ROI
27.5Cash Flow/m
673- 3 Bed
- 3 Bath
- 1779 sft
4331 Little River Rd #4331, Birmingham, AL, 35213
Listed for sale 1 day ago
$ 175,000
ROI
23.8Cash Flow/m
195- 2 Bed
- 1 Bath
- 972 sft
1780 Valley Ave APT E, Birmingham, AL, 35209
Listed for sale 2 days ago
$ 359,000
ROI
21.0Cash Flow/m
128- 2 Bed
- 2 Bath
- 1050 sft
24101 Perdido Beach Blvd #204-A, Orange Beach, AL, 36561
Why Invest in Florence, Alabama?
Investing in condos in Florence, AL offers unique opportunities for real estate investors. With an average rental yield of 6% and a solid cap rate of 8%, the condo market here is promising for rental income. The city boasts a low vacancy rate, making it an attractive area for those looking to capitalize on rental investments.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Condos in Florence, AL, offer strong rental yields and appreciation potential due to the growing job market. With a supportive rental demand and excellent cap rates, investors can expect worthwhile returns.
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