Under $300K Investment Properties for Sale in Vernon, AL

Property at 177 4th St SW, Vernon, AL
$ 225,000
ROI
29.5ROI percentage
Cash Flow/m
Dollar sign613
  • 5 Bed
  • 3 Bath
  • 2344 sft
177 4th St SW, Vernon, AL, 35592
Property at 2881 Old Highway 18, Vernon, AL
$ 129,900
ROI
34.7ROI percentage
Cash Flow/m
Dollar sign540
  • 3 Bed
  • 2 Bath
  • 1372 sft
2881 Old Highway 18, Vernon, AL, 35592
Property at 369 Finch St NW, Vernon, AL
$ 179,900
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign581
  • 3 Bed
  • 2 Bath
  • 1509 sft
369 Finch St NW, Vernon, AL, 35592
Property at 4457 Old Highway 18, Vernon, AL
$ 199,900
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign590
  • 3 Bed
  • 2 Bath
  • 1377 sft
4457 Old Highway 18, 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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