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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 5 days ago
$ 299,900
ROI
27.5
Cash Flow/m
648- 3 Bed
- 3 Bath
- 1749 sft
113 Chase Plantation Pkwy, Hoover, AL, 35244
Fix & Flip
Listed for sale 7 days ago
$ 249,900
ROI
24.1Cash Flow/m
305- 2 Bed
- 3 Bath
- 1700 sft
5426 Whisperwood Cir, Hoover, AL, 35226
$ 299,000
ROI
32.2Cash Flow/m
1033- 3 Bed
- 2 Bath
- 1713 sft
2629 Valleydale Rd, Hoover, AL, 35244
$ 199,900
ROI
26.4Cash Flow/m
369- 2 Bed
- 2 Bath
- 1242 sft
3767 Haven View Cir, Hoover, AL, 35216
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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