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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Foley, AL
Listed for sale 1 day ago
$ 385,050
ROI
23.8
Cash Flow/m
432- 4 Bed
- 2 Bath
- 2047 sft
22121 Aleutian Ave, Foley, AL, 36535
Listed for sale 1 day ago
$ 289,900
ROI
24.8Cash Flow/m
410- 2 Bed
- 2 Bath
- 2046 sft
1004 Wyld Palms Dr, Foley, AL, 36535
Listed for sale 1 day ago
$ 299,900
ROI
24.9Cash Flow/m
432- 3 Bed
- 2 Bath
- 1755 sft
22113 Aleutian Ave, Foley, AL, 36535
Listed for sale 1 day ago
$ 165,000
ROI
33.5Cash Flow/m
629- 2 Bed
- 2 Bath
- 728 sft
23051 Fritz Ln, Foley, AL, 36535
Why Invest in Foley, Alabama?
Investing in Foley under $500k presents a prime opportunity for those keen on real estate. With a current average cash flow of $1,200 monthly and a rental yield of around 8%, the coastal charm of this city draws a consistent rental market. The area also boasts a job growth rate of 3% and an appreciation of 5% over the last year, making it an attractive option for both new and seasoned investors.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
In Foley, you can find a variety of properties under $500k, with average prices varying by type. Single-family homes and condos typically range from $250k to $400k, making it an affordable investment.
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