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 6 days ago
$ 129,900
ROI
23.1
Cash Flow/m
121- 1 Bed
- 1 Bath
- 792 sft
214 Upham St Unit 8D, Mobile, AL, 36607
$ 189,209
ROI
22.3Cash Flow/m
135- 2 Bed
- 3 Bath
- 1155 sft
114 Du Rhu Dr #A, Mobile, AL, 36608
$ 245,000
ROI
24.0Cash Flow/m
288- 3 Bed
- 2 Bath
- 1531 sft
6401 Cedar Bend Ct APT 11, Mobile, AL, 36608
$ 323,000
ROI
19.9Cash Flow/m
12- 1 Bed
- 2 Bath
- 1292 sft
753 Saint Francis St APT 2001B, Mobile, AL, 36602
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
