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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Homewood, AL
Listed for sale 4 days ago
$ 345,500
ROI
26.7
Cash Flow/m
668- 2 Bed
- 3 Bath
- 1360 sft
479 Raleigh Ave, Homewood, AL, 35209
Listed for sale 4 days ago
$ 419,900
ROI
28.2Cash Flow/m
984- 3 Bed
- 2 Bath
- 1144 sft
117 Venetian Way, Homewood, AL, 35209
Listed for sale 7 days ago
$ 340,000
ROI
23.3Cash Flow/m
331- 2 Bed
- 1 Bath
- 954 sft
601 Grove St, Homewood, AL, 35209
$ 235,000
ROI
28.1Cash Flow/m
543- 2 Bed
- 1 Bath
- 925 sft
3119 Lancaster Ct APT D, 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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