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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Fort Payne, AL
Listed for sale 5 days ago
$ 249,000
ROI
20.8
Cash Flow/m
73- 3 Bed
- 2 Bath
- 1900 sft
6602 Greenhill Blvd NW, Fort Payne, AL, 35967
$ 178,000
ROI
31.6Cash Flow/m
586- 3 Bed
- 2 Bath
- 1348 sft
1203 Godfrey Ave, Fort payne, AL, 35967
$ 125,000
ROI
27.2Cash Flow/m
258- 3 Bed
- 1 Bath
- 1430 sft
914 Alabama Ave NW, Fort Payne, AL, 35967
$ 269,000
ROI
21.3Cash Flow/m
116- 3 Bed
- 2 Bath
- 1800 sft
3612 Desoto Pkwy NE, Fort Payne, AL, 35967
Why Invest in Fort Payne, Alabama?
Fort Payne, AL, presents a prime opportunity for investors with properties available under $300k. The city boasts a favorable rental yield of approximately 8% and an average cap rate of 7%, making it a strong contender in the real estate market for both new and experienced investors. The city's rental rates have shown consistent growth, and with a renter occupancy rate around 60%, investors can expect steady cash flow from rental properties.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in Fort Payne offers competitive rental yields and a growing rental market. The city's affordability and stable economy provide a solid foundation for real estate investment.
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