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

Condo Investment Properties for Sale in Homewood, AL

Property at 3119 Lancaster Ct APT D, Homewood, AL
$ 239,900
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign81
  • 2 Bed
  • 1 Bath
  • 925 sft
3119 Lancaster Ct APT D, Homewood, AL, 35209
Property at 3449 Sandner Ct APT C, Homewood, AL
$ 176,200
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign57
  • 2 Bed
  • 1 Bath
  • 864 sft
3449 Sandner Ct APT C, Homewood, AL, 35209
Property at 3430 Sandner Ct APT C, Homewood, AL
$ 169,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign214
  • 1 Bed
  • 1 Bath
  • 720 sft
3430 Sandner Ct APT C, Homewood, AL, 35209
Property at 1040 Broadway Park Unit 305, Homewood, AL
$ 345,000
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign529
  • 2 Bed
  • 2 Bath
  • 1114 sft
1040 Broadway Park Unit 305, 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.

Find Your Perfect Investment Property in Homewood, Alabama

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Homewood, AL
Fix and Flip Properties in Homewood, AL
Short-Term Rental Properties in Homewood, AL
AI