Under $200K Investment Properties for Sale in Hoover, AL
$ 114,500
ROI
27.4
Cash Flow/m
244- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1311, Hoover, AL, 35216
$ 107,500
ROI
26.9Cash Flow/m
213- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1815, Hoover, AL, 35216
$ 108,000
ROI
26.6Cash Flow/m
204- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1714, Hoover, AL, 35216
$ 169,900
ROI
36.0Cash Flow/m
770- - Bed
- - Bath
- - sft
1007 Patton Creek Ln, Hoover, AL, 35226
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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