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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Foley, AL
Listed for sale 1 day ago
$ 180,000
ROI
24.3
Cash Flow/m
226- 2 Bed
- 2 Bath
- 1023 sft
1152 N Alston St APT 1152, Foley, AL, 36535
$ 159,900
ROI
27.4Cash Flow/m
339- 2 Bed
- 2 Bath
- 1023 sft
1146 N Alston St, Foley, AL, 36535
Rental Income
$ 180,000
ROI
27.1Cash Flow/m
370- 5 Bed
- 3 Bath
- 2274 sft
806 E Verbena Ave, Foley, AL, 36535
Fix & Flip
Rental Income
$ 199,900
ROI
27.5Cash Flow/m
432- 2 Bed
- 2 Bath
- 2900 sft
22753 Hightower Dr, Foley, AL, 36535
Why Invest in Foley, Alabama?
Foley, AL offers strong investment opportunities in homes under $200k, with numerous affordable single-family homes, condos, and land parcels available. Rental demand remains steady due to tourism and local employment growth. Expect solid **cap rates** around 7-9% and **rental yields** of 8-10% on budget properties. Annual appreciation hovers at 4-6%, supported by coastal proximity. High renter occupancy at 45% ensures reliable cash flow for investors.
9.5%
Avg. ROI
9.2%
Rental Yield
8.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yes, multiple single-family homes, condos, and land parcels under $200k are listed. Prices start around $65k for land and $150k for homes. Availability fluctuates; check current listings for details.
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