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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Vernon, AL
Listed for sale 1 day ago
$ 199,900
ROI
29.3
Cash Flow/m
532- 3 Bed
- 2 Bath
- 1377 sft
4457 Old Highway 18, Vernon, AL, 35592
$ 149,900
ROI
27.1Cash Flow/m
306- 3 Bed
- 2 Bath
- 1694 sft
8391 Highway 18, Vernon, AL, 35592
$ 129,700
ROI
27.0Cash Flow/m
262- 3 Bed
- 2 Bath
- 1387 sft
42285 Highway 17, Vernon, AL, 35592
$ 145,000
ROI
34.3Cash Flow/m
586- 3 Bed
- 1 Bath
- 1458 sft
185 6th 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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