Under $200K Investment Properties for Sale in Fort Payne, AL

Property at 3802 Grand Ave SW, Fort Payne, AL
$ 185,000
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign554
  • 3 Bed
  • 1 Bath
  • 1218 sft
3802 Grand Ave SW, Fort Payne, AL, 35967
Property at 1203 Godfrey Ave, Fort payne, AL
$ 178,000
ROI
31.6ROI percentage
Cash Flow/m
Dollar sign586
  • 3 Bed
  • 2 Bath
  • 1348 sft
1203 Godfrey Ave, Fort payne, AL, 35967
Property at 6516 Magnolia Ln NW, Fort Payne, AL
$ 132,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign252
  • 3 Bed
  • 2 Bath
  • 1320 sft
6516 Magnolia Ln NW, Fort Payne, AL, 35967
Property at 1305 Oakhill Dr NE, Fort Payne, AL
$ 149,900
ROI
33.7ROI percentage
Cash Flow/m
Dollar sign583
  • 3 Bed
  • 2 Bath
  • 1600 sft
1305 Oakhill Dr NE, Fort Payne, AL, 35967

Why Invest in Fort Payne, Alabama?

Investing in Fort Payne, AL offers unique opportunities for properties under $200k. With an average rental yield of 7% and cash flow potential around $1,200 per month, this market is ripe for investors seeking value. The area's economic stability and population growth make it an attractive option for real estate investment.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Fort Payne is approximately $1,500 per month, offering a good opportunity for rental income.

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