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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
$ 162,400
ROI
34.0
Cash Flow/m
643- 2 Bed
- 2 Bath
- 1216 sft
7672 Claremont Dr, Foley, AL, 36535

Listed for sale 2 days ago
$ 179,900
ROI
30.6
Cash Flow/m
545- 2 Bed
- 2 Bath
- 938 sft
12199 Fernwood Dr W, Foley, AL, 36535

Listed for sale 3 days ago
$ 195,000
ROI
27.5
Cash Flow/m
420- 3 Bed
- 2 Bath
- 1440 sft
8798 Edgewater St, Foley, AL, 36535

$ 179,000
ROI
27.8
Cash Flow/m
401- 3 Bed
- 2 Bath
- 1152 sft
12556 Woodland 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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