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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 presents unique opportunities, especially for properties under $300k. With a growing rental market, investors can anticipate an average cash flow of around $600 a month and a rental yield of approximately 9%. The area has shown consistent appreciation trends, making it a strategic choice for long-term investment.
12%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$600/mo
Avg. Cash Flow
$700/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Vernon, AL are around $700 per month. This is an attractive pricing point for both renters and investors looking to maximize returns.
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