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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mobile, AL
$ 152,000
ROI
25.0
Cash Flow/m
222- 2 Bed
- 2 Bath
- 885 sft
217 Riverbend Dr #217, Mobile, AL, 36605
Motivated Seller
$ 185,000
ROI
29.5Cash Flow/m
501- 2 Bed
- 2 Bath
- 1148 sft
6505 Cedar Bend Ct #A, Mobile, AL, 36608
Rental Income
$ 147,500
ROI
28.2Cash Flow/m
347- 2 Bed
- 2 Bath
- 1080 sft
6050 Grelot Rd APT 202, Mobile, AL, 36609
$ 185,000
ROI
22.1Cash Flow/m
123- 4 Bed
- 3 Bath
- 1850 sft
4017 Cottage Hill Rd APT 73, 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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