Condo Investment Properties in Homewood, AL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Homewood, AL

Property at 1740 Valley Ave APT A, Homewood, AL
$ 165,000
ROI
30.7ROI percentage
Cash Flow/m
Dollar sign504
  • 2 Bed
  • 2 Bath
  • 1026 sft
1740 Valley Ave APT A, Homewood, AL, 35209
Property at 1741 Valley Ave APT A, Homewood, AL
$ 139,900
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign301
  • 2 Bed
  • 1 Bath
  • 1026 sft
1741 Valley Ave APT A, Homewood, AL, 35209
Property at 1771 Valley Ave APT A, Homewood, AL
$ 179,900
ROI
32.9ROI percentage
Cash Flow/m
Dollar sign656
  • 2 Bed
  • 1 Bath
  • 1046 sft
1771 Valley Ave APT A, Homewood, AL, 35209
Property at 3409 Sandner Ct APT D, Homewood, AL
$ 182,000
ROI
32.8ROI percentage
Cash Flow/m
Dollar sign661
  • 2 Bed
  • 1 Bath
  • 864 sft
3409 Sandner Ct APT D, Homewood, AL, 35209

Why Invest in Homewood, Alabama?

Investing in condos in Homewood, AL, presents a unique opportunity for steady returns. The area boasts a rental yield of approximately 7%, making it attractive for real estate investors seeking consistent cash flow. With an average cap rate of around 5.5%, investors can expect reasonable appreciation rates and a vibrant rental market, with 55% of housing occupied by renters.

8%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for condos in Homewood, AL, is approximately $1,600 per month. This rate reflects the demand for rental properties in the area.

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