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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
$ 265,000
ROI
29.9
Cash Flow/m
748- 3 Bed
- 3 Bath
- 1709 sft
326 Chase Plantation Cir, Hoover, AL, 35244
$ 249,900
ROI
24.0Cash Flow/m
297- 2 Bed
- 3 Bath
- 1483 sft
240 Sheffield Ct, Hoover, AL, 35226
$ 295,000
ROI
32.8Cash Flow/m
1075- 3 Bed
- 3 Bath
- 1732 sft
569 Hackberry Ridge Cv, Hoover, AL, 35226
$ 107,500
ROI
26.9Cash Flow/m
213- 1 Bed
- 1 Bath
- 640 sft
3101 Lorna Rd Unit 1815, 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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