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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hoover, AL
$ 108,000
ROI
28.1
Cash Flow/m
249- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1714, Hoover, AL, 35216
$ 115,000
ROI
26.8Cash Flow/m
225- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1813, Hoover, AL, 35216
$ 110,000
ROI
28.1Cash Flow/m
254- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1723, Hoover, AL, 35216
$ 112,000
ROI
26.6Cash Flow/m
214- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1824, Hoover, AL, 35216
Why Invest in Hoover, Alabama?
Investing in Hoover under $200k presents a great opportunity for real estate investors. The area boasts solid rental yields and a competitive housing market, making it an attractive location for cash flow properties. With an average ROI of 8% and strong job growth, Hoover is set up for long-term investment stability.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Hoover is approximately $1,200 per month, making it a competitive market for rental properties.
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