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 292 2nd Ave NW, Vernon, AL
$ 139,900
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign486
  • 4 Bed
  • 2 Bath
  • 1500 sft
292 2nd Ave NW, Vernon, AL, 35592
Property at 18154 County Road 49, Vernon, AL
$ 149,000
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign439
  • 3 Bed
  • 2 Bath
  • 1468 sft
18154 County Road 49, Vernon, AL, 35592
Property at 8391 Highway 18, Vernon, AL
Fix & Flip
$ 150,000
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign349
  • 3 Bed
  • 2 Bath
  • 1694 sft
8391 Highway 18, Vernon, AL, 35592
Property at 500 7th St NW, Vernon, AL
$ 144,900
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign328
  • 3 Bed
  • 2 Bath
  • 1710 sft
500 7th 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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