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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Hoover, AL
Listed for sale 3 days ago
$ 299,000
ROI
28.9
Cash Flow/m
763- 3 Bed
- 3 Bath
- 1672 sft
456 Highland Cove Dr, Hoover, AL, 35226
Listed for sale 6 days ago
$ 319,000
ROI
29.5Cash Flow/m
869- 4 Bed
- 3 Bath
- 1615 sft
616 Flag Cir, Hoover, AL, 35226
$ 389,000
ROI
24.1Cash Flow/m
471- 3 Bed
- 4 Bath
- 2589 sft
683 Flag Cir, Hoover, AL, 35226
$ 350,000
ROI
22.9Cash Flow/m
304- 2 Bed
- 3 Bath
- 1275 sft
4846 Silas Ave, Hoover, AL, 35244
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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