Under $500K Investment Properties for Sale in Homewood, AL
Listed for sale 5 days ago
$ 399,900
ROI
29.6
Cash Flow/m
1097- 3 Bed
- 2 Bath
- 1334 sft
440 Woodvale Ln, Homewood, AL, 35209
Listed for sale 5 days ago
$ 475,000
ROI
20.1Cash Flow/m
49- 4 Bed
- 2 Bath
- 1416 sft
312 Mecca Ave, Homewood, AL, 35209
Listed for sale 7 days ago
$ 200,000
ROI
32.5Cash Flow/m
712- 2 Bed
- 1 Bath
- 972 sft
1770 Valley Ave APT C, Homewood, AL, 35209
$ 375,000
ROI
32.4Cash Flow/m
1321- 3 Bed
- 2 Bath
- 1372 sft
1636 Beckham Dr, Homewood, AL, 35209
Why Invest in Homewood, Alabama?
Investing in Homewood, AL, offers promising opportunities for properties under $500k. With stable rental yields and an attractive housing market, investors can benefit from an average cash flow driven by the area's increasing demand. The city's growth in population and economic stability makes it an appealing choice for real estate ventures.
9%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Homewood is approximately $1,500 per month, reflecting its desirable location and community offerings.
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