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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Hoover, AL
Listed for sale 5 days ago
$ 569,900
ROI
21.5
Cash Flow/m
225- 5 Bed
- 5 Bath
- 3619 sft
188 Trace Ridge Rd, Hoover, AL, 35244
Listed for sale 5 days ago
$ 499,780
ROI
23.5Cash Flow/m
527- 4 Bed
- 4 Bath
- 2054 sft
710 Valley St, Hoover, AL, 35226
Listed for sale 6 days ago
$ 650,000
ROI
23.1Cash Flow/m
545- 4 Bed
- 3 Bath
- 3425 sft
3813 Carisbrooke Cir, Hoover, AL, 35226
Listed for sale 6 days ago
$ 405,000
ROI
23.6Cash Flow/m
433- 4 Bed
- 3 Bath
- 2012 sft
1609 Deer Valley Dr, Hoover, AL, 35226
Why Invest in Hoover, Alabama?
Investing in single-family homes in Hoover presents a unique opportunity, especially given the area's strong rental market. With an average ROI of 8% and a rental yield of 6.5%, you'll find that Hoover offers steady cash flow and potential for price appreciation.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Hoover is around $1,400 per month, making it competitive in the Birmingham metropolitan area.
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