Investment Properties for Sale in Vernon, AL
Listed for sale 7 days ago
$ 459,900
ROI
23.0
Cash Flow/m
420- 6 Bed
- 3 Bath
- 3941 sft
147 Aberdeen Rd, Vernon, AL, 35592
$ 225,000
ROI
29.5Cash Flow/m
613- 5 Bed
- 3 Bath
- 2344 sft
177 4th St SW, Vernon, AL, 35592
$ 129,900
ROI
34.7Cash Flow/m
540- 3 Bed
- 2 Bath
- 1372 sft
2881 Old Highway 18, Vernon, AL, 35592
$ 179,900
ROI
31.4Cash Flow/m
581- 3 Bed
- 2 Bath
- 1509 sft
369 Finch St 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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