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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Grand Bay, AL

$ 283,900
ROI
25.6
Cash Flow/m
460- 3 Bed
- 2 Bath
- 1650 sft
8339 Ellens Cove Dr, Grand Bay, AL, 36541

$ 289,900
ROI
31.8
Cash Flow/m
972- 4 Bed
- 4 Bath
- 1968 sft
10280 Oak Ln, Grand bay, AL, 36541

$ 260,000
ROI
27.5
Cash Flow/m
559- 3 Bed
- 2 Bath
- 1576 sft
10835 Longview Dr S, Grand Bay, AL, 36541

Fix & Flip
$ 175,000
ROI
27.3
Cash Flow/m
367- 3 Bed
- 1 Bath
- 1036 sft
8837 Viana St E, Grand Bay, AL, 36541
Why Invest in Grand Bay, Alabama?
Investing in Grand Bay under $300k offers opportunities in a growing community. With a favorable rental yield and improving appreciation rates, it’s an attractive market for real estate investors. The local economy is supported by major employers such as the Mobile County Public School System, ensuring steady demand for rental properties.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Rental trends in Grand Bay show an upward trajectory with a rental growth of 4%. The stable rental yield makes it an attractive option for investors.
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