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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Vernon, AL
Fix & Flip
$ 140,040
ROI
42.0
Cash Flow/m
868- 3 Bed
- 2 Bath
- 1694 sft
8391 Highway 18, Vernon, AL, 35592
$ 119,900
ROI
45.7Cash Flow/m
865- 3 Bed
- 2 Bath
- 1200 sft
501 6th St NW, Vernon, AL, 35592
$ 275,000
ROI
28.1Cash Flow/m
637- 3 Bed
- 2 Bath
- 3300 sft
117 6th Ct NE, Vernon, AL, 35592
$ 151,000
ROI
54.0Cash Flow/m
1440- - Bed
- 1 Bath
- 2334 sft
157 Boman Ave NW, Vernon, AL, 35592
Why Invest in Vernon, Alabama?
Vernon, AL, offers lucrative opportunities for real estate investors, particularly for properties with high rental yields. The city's favorable rental yield is driven by its steady population growth and job opportunities, with an average rental rate of $850, making it a hotspot for investment.
12%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Vernon is approximately 8.5%, making it an attractive market for real estate investors.
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