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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mobile, AL

$ 154,500
ROI
27.5
Cash Flow/m
332- 2 Bed
- 1 Bath
- 911 sft
1602 Government St APT 1A, Mobile, AL, 36604

$ 229,000
ROI
26.7
Cash Flow/m
444- 1 Bed
- 1 Bath
- 975 sft
308 Saint Louis St #101, Mobile, AL, 36602

$ 125,000
ROI
36.7
Cash Flow/m
590- 1 Bed
- 1 Bath
- 792 sft
214 Upham St UNIT 7C, Mobile, AL, 36607

$ 139,000
ROI
28.7
Cash Flow/m
346- 2 Bed
- 2 Bath
- 1080 sft
6040 Grelot Rd APT 204, Mobile, AL, 36609
Why Invest in Mobile, Alabama?
Mobile, AL offers strong investment potential in condos, with steady appreciation and solid rental demand from port workers and newcomers. Home values have risen 4.7% annually amid a growing economy[1]. Affordable entry points around $190k median support healthy cash flows. Cap rates hover at 6-7% with renter occupancy near 40%[1]. Ongoing infrastructure boosts long-term value for condo investors.
7.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.7%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer affordability and 6-7% cap rates with strong port-driven demand. Appreciation at 4.7% supports long-term gains. Low maintenance appeals to out-of-state investors.
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