Under $300K Investment Properties for Sale in Mobile, AL

Mobile, AL offers strong investment opportunities in homes under $300K, with affordable entry points for cash-flowing rentals. The market features 3-4 bedroom single-family homes averaging 1,500-2,000 sqft at competitive prices. Renter-occupied rates exceed 40%, supporting steady **rental yields** around 7-9%. Annual **appreciation** of 4-5% and **cap rates** near 8% make it attractive for long-term holds. Proximity to Gulf Coast ports drives economic stability for investors.