Condo Investment Properties in Spanish Fort, AL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Spanish Fort, AL

Property at 33192 Stables Dr #B, Spanish Fort, AL
$ 264,500
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign300
  • 3 Bed
  • 2 Bath
  • 1352 sft
33192 Stables Dr #B, Spanish Fort, AL, 36527
Property at 6867 Spaniel Dr #A, Spanish Fort, AL
$ 200,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign680
  • 2 Bed
  • 2 Bath
  • 1176 sft
6867 Spaniel Dr #A, Spanish Fort, AL, 36527
Property at 33228 Stables Dr #A, Spanish Fort, AL
$ 259,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign326
  • 3 Bed
  • 2 Bath
  • 1352 sft
33228 Stables Dr #A, Spanish Fort, AL, 36527
Property at 33228 Stables Dr #B, Spanish Fort, AL
$ 259,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign326
  • 3 Bed
  • 2 Bath
  • 1352 sft
33228 Stables Dr #B, Spanish Fort, AL, 36527

Why Invest in Spanish Fort, Alabama?

Investing in condos in Spanish Fort presents a unique opportunity. With an average rental yield of 6% and an appreciation rate of 3%, the market is showing positive signs for growth. The area's strong community and proximity to Mobile Bay provide an attractive environment for potential renters.

8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent for condos in Spanish Fort is approximately $1,500 per month, which is competitive for the area.

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