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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Hoover, AL
Currently Rented
Rental Income
$ 510,000
ROI
25.4
Cash Flow/m
743- 3 Bed
- 4 Bath
- 3106 sft
637 Trumpet Cir, Hoover, AL, 35226
$ 449,900
ROI
26.5Cash Flow/m
846- 3 Bed
- 4 Bath
- 3567 sft
301 Heritage Dr, Hoover, AL, 35216
$ 275,000
ROI
25.9Cash Flow/m
473- 2 Bed
- 3 Bath
- 1452 sft
4193 River Oaks Dr, Hoover, AL, 35216
$ 399,780
ROI
23.5Cash Flow/m
413- 3 Bed
- 3 Bath
- 1956 sft
675 Flag Cir, Hoover, AL, 35226
Why Invest in Hoover, Alabama?
Investing in townhouses in Hoover, AL offers a solid opportunity with strong rental demand. The average rental yield is around 6%, along with competitive cap rates at approximately 7%. With a rising population and a growth rate of about 2%, Hoover presents a favorable market for both investors and renters.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price for townhouses in Hoover is approximately $1,500 per month, making it a competitive market for renters.
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