Under $200K Investment Properties for Sale in Phenix City, AL
258- 2 Bed
- 1 Bath
- 806 sft
309- 3 Bed
- 2 Bath
- 1409 sft
340- 3 Bed
- 2 Bath
- 1409 sft
267- 3 Bed
- 2 Bath
- - sft
Why Invest in Phenix City, Alabama?
Discover investment opportunities in Phenix City, AL under $200k, where affordable entry points meet steady market growth. Homes in this price range offer strong potential for rental income and appreciation in a stable housing market. With Alabama's economy expanding in manufacturing and aerospace, rental demand remains robust among renters. Cap rates around 7-8% and annual appreciation near 3% make these properties attractive for cash flow investors. Low vacancy supports reliable returns in this growing metro area.
Frequently Asked Questions
Investors can expect cap rates of 7-8% and rental yields around 8% on under-$200k homes. Cash flow averages $400-500 monthly after expenses. Appreciation tracks Alabama's 3-4% annual rate, per state housing trends.
Find Your Perfect Investment Property in Phenix City, Alabama
Explore investment opportunities by strategy, performance, or property type
