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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Vernon, AL
$ 145,000
ROI
34.3
Cash Flow/m
586- 3 Bed
- 1 Bath
- 1458 sft
185 6th Ave NW, Vernon, AL, 35592
Fix & Flip
$ 134,900
ROI
27.1Cash Flow/m
275- 3 Bed
- 2 Bath
- 1524 sft
4605 Old Highway 18, Vernon, AL, 35592
$ 264,999
ROI
22.7Cash Flow/m
219- 4 Bed
- 2 Bath
- 1794 sft
2232 Springfield Rd, Vernon, AL, 35592
$ 139,900
ROI
32.2Cash Flow/m
486- 4 Bed
- 2 Bath
- 1500 sft
292 2nd Ave NW, Vernon, AL, 35592
Why Invest in Vernon, Alabama?
Investing in Vernon, AL offers a unique opportunity for those interested in multifamily properties. With an average ROI of 9.5%, investors can expect competitive rental yields and a favorable cap rate. The average rent in Vernon is approximately $950, and the region has seen steady appreciation over the past few years.
9.5%
Avg. ROI
6.2%
Rental Yield
7.5%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Vernon, AL is approximately $950, making it a competitive market for renters.
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