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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 3 days ago
$ 112,000
ROI
26.6Cash Flow/m
214- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1824, Hoover, AL, 35216
$ 268,000
ROI
33.9Cash Flow/m
1053- 3 Bed
- 2 Bath
- 1387 sft
2253 Russet Meadows Ter, Hoover, AL, 35244
$ 219,000
ROI
34.2Cash Flow/m
882- 2 Bed
- 3 Bath
- 1447 sft
112 Sheffield Ct, Hoover, AL, 35226
Why Invest in Hoover, Alabama?
Investing in Hoover, Alabama, is an excellent opportunity, especially for properties under $300k. The area offers a competitive average cash flow of around $1,200 per month alongside a strong appreciation rate of 6%. With a renter-occupied rate of 60%, property investments here can yield solid rental returns.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
6%
1Y Appreciation
Frequently Asked Questions
The average rent in Hoover, AL is approximately $1,200 per month. This figure reflects steady demand and favorable rental conditions in the area.
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