Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mobile, AL
Listed for sale 2 days ago
$ 259,000
ROI
25.8
Cash Flow/m
435- 1 Bed
- 1 Bath
- 1230 sft
308 Saint Louis St APT 116, Mobile, AL, 36602
Listed for sale 3 days ago
$ 199,900
ROI
23.4Cash Flow/m
203- 2 Bed
- 2 Bath
- 1095 sft
1260 Sutton Ct APT 203, Mobile, AL, 36609
Listed for sale 3 days ago
$ 189,000
ROI
26.1Cash Flow/m
336- 2 Bed
- 3 Bath
- 1222 sft
6417 Cedar Bend Ct APT B, Mobile, AL, 36608
Listed for sale 3 days ago
$ 189,000
ROI
26.1Cash Flow/m
336- 2 Bed
- 3 Bath
- 1222 sft
6417 Cedar Bend Ct, Mobile, AL, 36608
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.
Find Your Perfect Investment Property in Mobile, Alabama
Explore investment opportunities by strategy, performance, or property type
