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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Fort Payne, AL
Listed for sale 1 day ago
$ 228,500
ROI
24.7
Cash Flow/m
315- 3 Bed
- 2 Bath
- 1976 sft
3702 Desoto Pkwy NE, 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
Listed for sale 3 days ago
$ 359,900
ROI
23.5Cash Flow/m
373- 3 Bed
- 2 Bath
- 2705 sft
2316 Grand Ave NW, Fort Payne, AL, 35967
$ 349,000
ROI
20.3Cash Flow/m
56- 3 Bed
- 3 Bath
- 1680 sft
300 Forest Ave SW, Fort payne, AL, 35967
Why Invest in Fort Payne, Alabama?
Investing in Fort Payne, AL, particularly properties under $500k, presents a unique opportunity to capitalize on the local real estate market. With an attractive average rental yield and appreciation rates that are trending positively, investors can expect solid returns. The city's low vacancy rates further enhance its appeal for rental properties, making it an ideal location for new investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Fort Payne is approximately 6%, making it an attractive option for investors looking for steady cash flow.
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