Investment Properties Under $200K in Vernon, AL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Vernon, AL

Property at 8391 Highway 18, Vernon, AL
Fix & Flip
$ 140,040
ROI
42.0ROI percentage
Cash Flow/m
Dollar sign868
  • 3 Bed
  • 2 Bath
  • 1694 sft
8391 Highway 18, Vernon, AL, 35592
Property at 501 6th St NW, Vernon, AL
$ 119,900
ROI
45.7ROI percentage
Cash Flow/m
Dollar sign865
  • 3 Bed
  • 2 Bath
  • 1200 sft
501 6th St NW, Vernon, AL, 35592
Property at 157 Boman Ave NW, Vernon, AL
$ 151,000
ROI
54.0ROI percentage
Cash Flow/m
Dollar sign1440
  • - Bed
  • 1 Bath
  • 2334 sft
157 Boman Ave NW, Vernon, AL, 35592
Property at 1016 14th St NW, Vernon, AL
$ 134,900
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign298
  • 2 Bed
  • 2 Bath
  • 1411 sft
1016 14th St NW, Vernon, AL, 35592

Why Invest in Vernon, Alabama?

Investing in Vernon, AL offers an opportunity to find properties under $200k, making it ideal for budget-conscious investors. With an average rental yield around 8% and a cap rate of approximately 10%, the local market shows promising potential. The city's population growth and increasing demand for affordable housing further strengthen the investment landscape.

15%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$250/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Vernon is approximately $800 per month, making it an affordable option for both tenants and investors.

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