Multi Family Investment Properties for Sale in Foley, AL
Rental Income
$ 410,000
ROI
23.1
Cash Flow/m
386- 4 Bed
- 3 Bath
- 1833 sft
1901 N Alston St, Foley, AL, 36535
Currently Rented
Fix & Flip
Rental Income
$ 289,000
ROI
27.1Cash Flow/m
589- 3 Bed
- 2 Bath
- 3236 sft
14119 County Road 49, Foley, AL, 36535
Currently Rented
Rental Income
$ 319,999
ROI
29.8Cash Flow/m
894- 6 Bed
- 3 Bath
- 2400 sft
7845 Claremont Dr #B & A, Foley, AL, 36535
Currently Rented
$ 230,000
ROI
34.2Cash Flow/m
922- 3 Bed
- 2 Bath
- 792 sft
11117 Weeks Rd, Foley, AL, 36535
Why Invest in Foley, Alabama?
Multi-family properties in Foley, AL offer strong investment potential with steady cash flow from rentals. Average rents reach $1,400 monthly while cap rates hover around 7-8%. Appreciation has averaged 5% annually amid population growth. Renter occupancy exceeds 45%, supported by tourism and retiree influx. Low vacancy rates and rising demand make these assets resilient.
9.2%
Avg. ROI
7.5%
Rental Yield
7.8%
Cap Rate
$1850/mo
Avg. Cash Flow
$1420/mo
Avg. Rent
5.1%
1Y Appreciation
Frequently Asked Questions
Foley's tourism and retiree growth drive high renter demand with low vacancies around 5%. Cap rates of 7-8% provide solid returns. Multi-family units offer diversified cash flow from multiple tenants.
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