Under $200K Investment Properties for Sale in Foley, AL
$ 164,900
ROI
27.3
Cash Flow/m
346- 3 Bed
- 1 Bath
- 1009 sft
400 W 9th Ave, Foley, AL, 36535
$ 180,000
ROI
28.2Cash Flow/m
424- - Bed
- - Bath
- 1216 sft
12265 Fernwood Dr W, Foley, AL, 36535
$ 170,000
ROI
27.1Cash Flow/m
349- 3 Bed
- 2 Bath
- 1152 sft
12556 Woodland Dr, Foley, AL, 36535
$ 189,000
ROI
26.7Cash Flow/m
365- 3 Bed
- 2 Bath
- - sft
8612 Wiregrass Dr #269, 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.
Find Your Perfect Investment Property in Foley, Alabama
Explore investment opportunities by strategy, performance, or property type
