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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Steele, AL
$ 207,500
ROI
23.4
Cash Flow/m
209- 3 Bed
- 1 Bath
- 1479 sft
118 Marcie St, Steele, AL, 35987
$ 137,500
ROI
28.1Cash Flow/m
321- 2 Bed
- 2 Bath
- 1008 sft
559 Georgia Rd, Steele, AL, 35987
$ 195,000
ROI
24.9Cash Flow/m
279- 3 Bed
- 2 Bath
- 1512 sft
15 Dorough St, Steele, AL, 35987
$ 195,000
ROI
24.9Cash Flow/m
279- 3 Bed
- 2 Bath
- 1969 sft
3649 Pope Ave, Steele, AL, 35987
Why Invest in Steele, Alabama?
Investing in Steele, AL, especially in rental properties, offers promising opportunities. The average rental yield in this area stands at around 7%, while the cap rate hovers around 9%, indicating strong returns for investors. The growing population and job market contribute to these positive metrics, making it a favorable environment for long-term investments.
15%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$1200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Steele, AL is approximately $1,400 per month, offering a favorable investment climate.
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