Real Estate Investment Properties for Sale in Alabama

Looking for investment property in Alabama with high ROI ?

Explore a variety of short-term homes & houses in Alabama. Invest wisely with VRBO & Alabama Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Alabama

Q: Which city in Alabama to invest in for highest ROI on long term rental properties in 2024

In 2024, Somervilleis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3468 Cloverdale Road Montgomery, AL Have you been looking for a home but just can't find one at the right price? In addition ...	3 beds \| 1 baths \| 1,358 sq.ft.	$139,900	Airbnb cash on cash: 7.03% Traditional cash on cash: 7.69% Airbnb Rental Income: $1657 Traditional Rental Income: $1281 Airbnb ROI: 7.03% Traditional ROI: 7.69%
5781 State Highway 180 #6014 GULF SHORES, AL Welcome to The Rookery III Unit 6014. Located only a few steps from the clubhouse and pool...	3 beds \| 2 baths \| 1,288 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.81% Airbnb Rental Income: $null Traditional Rental Income: $1790 Airbnb ROI: N/A Traditional ROI: 1.81%
224 W 4th Avenue GULF SHORES, AL Welcome to your dream home or home away from home in beautiful Gulf Shores, AL! This stunn...	3 beds \| 2 baths \| 1,632 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.52% Airbnb Rental Income: $null Traditional Rental Income: $2074 Airbnb ROI: N/A Traditional ROI: 2.52%
24400 Perdido Beach Boulevard #1015 Orange Beach, AL GO & SHOW - MOTIVATED SELLER-PRICED TO SELL!! Don't miss out on this Spectacular Gulf...	2 beds \| 2 baths \| 1,064 sq.ft.	$599,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 0.17% Airbnb Rental Income: $878 Traditional Rental Income: $1522 Airbnb ROI: -1.58% Traditional ROI: 0.17%
19924 Hunters Loop Fairhope, AL Here it is....the home you've been looking for! It's immaculate, loved and well cared for....	3 beds \| 2 baths \| N/A	$449,900	Airbnb cash on cash: 7% Traditional cash on cash: 2.62% Airbnb Rental Income: $4461 Traditional Rental Income: $1683 Airbnb ROI: 7% Traditional ROI: 2.62%
1272 Otho Rd Abbeville, AL Amazing Lake House Under Construction !! Located on the Desirable Otho Slough with awesom...	4 beds \| 3 baths \| 2,726 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $2852 Airbnb ROI: N/A Traditional ROI: 2.08%
55972 Turkey Bluff Drive Stockton, AL This cottage sits on the bluff overlooking Tensaw Lake in the Upper Bryant Landing area of...	2 beds \| 1 baths \| 1,098 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.39% Airbnb Rental Income: $null Traditional Rental Income: $1814 Airbnb ROI: N/A Traditional ROI: 8.39%
3322 Vermont Drive Montgomery, AL This charming home located in the Forest Hills neighborhood is ready for a new owner. Prop...	3 beds \| 2 baths \| 1,069 sq.ft.	$120,000	Airbnb cash on cash: 7.72% Traditional cash on cash: 8.27% Airbnb Rental Income: $1657 Traditional Rental Income: $1256 Airbnb ROI: 7.72% Traditional ROI: 8.27%
140 Greenleaf Drive Wetumpka, AL 4 bedroom, 2 bath home located on large corner lot in nice neighborhood, convenient to dow...	4 beds \| 2 baths \| 2,425 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $2174 Airbnb ROI: N/A Traditional ROI: 7.27%
46 WATERFORD PLACE Trussville, AL Welcome to your dream home in the highly sought-after Carrington Lakes! This fabulous one-...	4 beds \| 3 baths \| N/A	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2908 Airbnb ROI: N/A Traditional ROI: 5.75%
314 Kennesaw Avenue Bay Minette, AL Cute, cozy and easy to show! Located in Heritage Oaks Subdivision, this homes features 3 b...	3 beds \| 2 baths \| 1,474 sq.ft.	$215,000	Airbnb cash on cash: 7.4% Traditional cash on cash: 6.01% Airbnb Rental Income: $2427 Traditional Rental Income: $1550 Airbnb ROI: 7.4% Traditional ROI: 6.01%
3466 Southview Avenue Montgomery, AL Welcome to this exceptional 3-bedroom, 2.5-bath home located in the heart of Edgewood! St...	3 beds \| 3 baths \| 2,033 sq.ft.	$339,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 5.87% Airbnb Rental Income: $1657 Traditional Rental Income: $2470 Airbnb ROI: 1.86% Traditional ROI: 5.87%
425 North Mount Pleasant Avenue MONROEVILLE, AL Fall in Love with This Stunning Downtown Charmer! This one-of-a-kind home is your perfect ...	3 beds \| 2 baths \| 1,762 sq.ft.	$219,000	Airbnb cash on cash: 9.15% Traditional cash on cash: 7.8% Airbnb Rental Income: $3091 Traditional Rental Income: $2107 Airbnb ROI: 9.15% Traditional ROI: 7.8%
2108 AUDUBON CIRCLE HOOVER, AL MAIN-LEVEL LIVING ON A BEAUTIFUL ACRE LOT IN BLUFF PARK! Adorable ranch-style 3br/2ba home...	3 beds \| 2 baths \| N/A	$375,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 4.21% Airbnb Rental Income: $3222 Traditional Rental Income: $2071 Airbnb ROI: 5.42% Traditional ROI: 4.21%
234 LAKEWOOD CIRCLE Adamsville, AL Back on the market, financing fell through!!! House is being sold "AS IS"!! This charming ...	2 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.17% Airbnb Rental Income: $1933 Traditional Rental Income: $1389 Airbnb ROI: 3.34% Traditional ROI: 3.17%
120 Boozer Drive JACKSONVILLE, AL This charming 3 bed, 2 bath ranch sits on almost half an acre and is located in the Pleasa...	3 beds \| 2 baths \| N/A	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.3% Airbnb Rental Income: $null Traditional Rental Income: $1641 Airbnb ROI: N/A Traditional ROI: 8.3%
2524 MATZEK ROAD HOOVER, AL PRICED BELOW APPRAISAL - This Stunning 4 bedroom, 3 bath home is nestled next to a 349-acr...	4 beds \| 3 baths \| N/A	$375,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $2608 Airbnb ROI: N/A Traditional ROI: 5.67%
1413 OAK PARK CIRCLE HOOVER, AL Zoned for Hoover Schools! Nice quiet neighborhood with a spacious front yard for kids and ...	3 beds \| 3 baths \| N/A	$347,900	Airbnb cash on cash: 5.62% Traditional cash on cash: 4.72% Airbnb Rental Income: $3222 Traditional Rental Income: $2202 Airbnb ROI: 5.62% Traditional ROI: 4.72%
3191 Thomas Avenue Montgomery, AL Stunning Edgewood home has only been owned by two families! Traditional elegance with gra...	4 beds \| 4 baths \| 3,589 sq.ft.	$515,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 6.91% Airbnb Rental Income: $2239 Traditional Rental Income: $4113 Airbnb ROI: 1.85% Traditional ROI: 6.91%
323 Green Chase Circle Montgomery, AL Welcome to your dream home in the prestigious Towne Lake community! Nestled on a prime wat...	3 beds \| 2 baths \| 2,334 sq.ft.	$365,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.94% Airbnb Rental Income: $1657 Traditional Rental Income: $2299 Airbnb ROI: 1.71% Traditional ROI: 4.94%
1411 17th Avenue PHENIX CITY, AL RENTAL HOME Add this adorable home to your rental portfolio! This recently renovated, ...	4 beds \| 2 baths \| N/A	$154,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.19% Airbnb Rental Income: $null Traditional Rental Income: $2031 Airbnb ROI: N/A Traditional ROI: 11.19%
281 Lee Road 2140 PHENIX CITY, AL This beautiful Yorktown home offers a spacious 1,772 SqFt of living space with the potenti...	3 beds \| 2 baths \| N/A	$293,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.02% Airbnb Rental Income: $1937 Traditional Rental Income: $1774 Airbnb ROI: 3.75% Traditional ROI: 5.02%
72 Brentwood Drive PHENIX CITY, AL Welcome Home! This bright and airy 3-bed, 2-bath gem convenient to Fort Moore offers a per...	3 beds \| 2 baths \| N/A	$178,000	Airbnb cash on cash: 6.39% Traditional cash on cash: 7.31% Airbnb Rental Income: $1937 Traditional Rental Income: $1581 Airbnb ROI: 6.39% Traditional ROI: 7.31%
2915 Creekstone Lane PHENIX CITY, AL Welcome to this stunning all-brick home in the heart of Phenix City, AL! This 4-bedroom, 3...	4 beds \| 3 baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2399 Airbnb ROI: N/A Traditional ROI: 4.92%
238 BRANNON POINT OVERLOOK ARLEY, AL Have your OWN ISLAND on Lewis Smith Lake!! This unbelievable property is a FULLY FURNISHE...	1 beds \| 1 baths \| 600 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.08% Airbnb Rental Income: $null Traditional Rental Income: $770 Airbnb ROI: N/A Traditional ROI: 0.08%
8166 Junior Road Mobile, AL Don't miss this charming home in West Mobile on a huge corner lot. This home features a 1...	3 beds \| 2 baths \| N/A	$280,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 4.76% Airbnb Rental Income: $2167 Traditional Rental Income: $1723 Airbnb ROI: 4.36% Traditional ROI: 4.76%
26053 Chatelaine Road Elberta, AL Experience serene country living in Elberta, AL. This sought-after low-density neighborhoo...	5 beds \| 4 baths \| 3,470 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $3594 Airbnb ROI: N/A Traditional ROI: 4.84%
27580 Canal Road Orange Beach, AL Welcome to your perfect getaway or investment opportunity! This beautifully updated condo ...	2 beds \| 2 baths \| 1,308 sq.ft.	$700,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.27% Airbnb Rental Income: $878 Traditional Rental Income: $1911 Airbnb ROI: -0.82% Traditional ROI: 1.27%
18269 Colony Drive #405 Fairhope, AL This is a remarkable upscale 3 bedroom, 3 bath condo on the fourth floor adjacent to the G...	3 beds \| 3 baths \| 1,899 sq.ft.	$799,950	Airbnb cash on cash: 2.5% Traditional cash on cash: 0.26% Airbnb Rental Income: $4461 Traditional Rental Income: $1861 Airbnb ROI: 2.5% Traditional ROI: 0.26%
5500 Bear Point Avenue Orange Beach, AL Discover your dream home in Bear Point! This newly renovated ranch home sits on an oversiz...	3 beds \| 2 baths \| 1,566 sq.ft.	$670,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.94% Airbnb Rental Income: $null Traditional Rental Income: $1558 Airbnb ROI: N/A Traditional ROI: 0.94%
27582 Canal Road #2513 Orange Beach, AL Don't miss out on this rare opportunity to own a coveted pod unit in Phoenix on the Bay II...	3 beds \| 3 baths \| 2,342 sq.ft.	$1,189,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.79% Airbnb Rental Income: $null Traditional Rental Income: $2525 Airbnb ROI: N/A Traditional ROI: 0.79%
5456 Pensacola Avenue Orange Beach, AL SELLERS ARE MOTIVATED!! BRING ALL OFFERS!!Your dream home is located in a NO FLOOD ZONE i...	4 beds \| 4 baths \| 2,600 sq.ft.	$784,900	Airbnb cash on cash: 8.4% Traditional cash on cash: 2.59% Airbnb Rental Income: $8944 Traditional Rental Income: $3018 Airbnb ROI: 8.4% Traditional ROI: 2.59%
28107 Perdido Beach Boulevard #D808 Orange Beach, AL Step into this luxurious two-bedroom, two-bathroom condominium at Caribe Resort and experi...	2 beds \| 2 baths \| 1,602 sq.ft.	$795,000	Airbnb cash on cash: -15.22% Traditional cash on cash: -13.3% Airbnb Rental Income: $878 Traditional Rental Income: $1964 Airbnb ROI: -15.22% Traditional ROI: -13.3%
27070 Perdido Beach Boulevard #41 Orange Beach, AL Nestled along the pristine white sands of the Gulf of Mexico, this coastal cottage gem unv...	2 beds \| 2 baths \| 912 sq.ft.	$365,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.27% Airbnb Rental Income: $878 Traditional Rental Income: $1520 Airbnb ROI: -1.58% Traditional ROI: 1.27%
23044 Perdido Beach Boulevard Orange Beach, AL Situated on the breathtaking white sandy shores of Orange Beach, Alabama, this modern coas...	1 beds \| 2 baths \| 616 sq.ft.	$305,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 5.56% Airbnb Rental Income: $1134 Traditional Rental Income: $2765 Airbnb ROI: -1.44% Traditional ROI: 5.56%
25861 Canal Road Orange Beach, AL Lowest priced unit at Bayview that conveys with a boat slip! Owner says SELL NOW! Convey...	2 beds \| 2 baths \| 875 sq.ft.	$384,900	Airbnb cash on cash: -1.17% Traditional cash on cash: 1.53% Airbnb Rental Income: $878 Traditional Rental Income: $1516 Airbnb ROI: -1.17% Traditional ROI: 1.53%
496 Boulder Creek Avenue Fairhope, AL Home sweet home located in the desirable Stone Creek neighborhood of Fairhope. This beauti...	4 beds \| 4 baths \| 2,615 sq.ft.	$649,500	Airbnb cash on cash: 7.94% Traditional cash on cash: 3.27% Airbnb Rental Income: $7134 Traditional Rental Income: $2928 Airbnb ROI: 7.94% Traditional ROI: 3.27%
25805 Perdido Beach Boulevard #414 Orange Beach, AL Nestled in the heart of Orange Beach, this turnkey 3-bedroom, 2-bathroom unit at Grand Car...	3 beds \| 2 baths \| 1,142 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.22% Airbnb Rental Income: $null Traditional Rental Income: $1277 Airbnb ROI: N/A Traditional ROI: -0.22%
30845 River Road Orange Beach, AL Spacious four bedroom, two and one-half bath home in Ono North on the beautiful Ono Island...	4 beds \| 3 baths \| 3,320 sq.ft.	$748,800	Airbnb cash on cash: 8.87% Traditional cash on cash: 1.95% Airbnb Rental Income: $8944 Traditional Rental Income: $2434 Airbnb ROI: 8.87% Traditional ROI: 1.95%

Real Estate investment in Alabama

There are 14,131 properties available for sale in the state of Alabama. Somerville, Oxford and Tallassee are the best rental property markets in Alabama. The average median price of properties for sale in these cities are $269,933 and the average price per square foot is $0. Their average monthly cash on cash return is 6.00%.

Alabama Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 14,131 investment properties available for sale in Alabama.

In 2024, Somerville is the best city to buy investment properties. Find more investment properties today!

In 2024, Somerville (7%) and Oxford (6%) has the highest cash on cash return for long term rentals in Alabama.

Your search for investment property begins and ends here

Investment Property for Sale in Alabama

3468 Cloverdale Road

Montgomery, AL

3 beds | 1 baths | 1,358 sq.ft.

$139,900

Airbnb cash on cash: 7.03%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $1657

Traditional Rental Income: $1281

Airbnb ROI: 7.03%

Traditional ROI: 7.69%

5781 State Highway 180 #6014

GULF SHORES, AL

3 beds | 2 baths | 1,288 sq.ft.

$430,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1790

Airbnb ROI: N/A

Traditional ROI: 1.81%

224 W 4th Avenue

GULF SHORES, AL

3 beds | 2 baths | 1,632 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.52%

Airbnb Rental Income: $null

Traditional Rental Income: $2074

Airbnb ROI: N/A

Traditional ROI: 2.52%

24400 Perdido Beach Boulevard #1015

Orange Beach, AL

2 beds | 2 baths | 1,064 sq.ft.

$599,000

Airbnb cash on cash: -1.58%

Traditional cash on cash: 0.17%

Airbnb Rental Income: $878

Traditional Rental Income: $1522

Airbnb ROI: -1.58%

Traditional ROI: 0.17%

19924 Hunters Loop

Fairhope, AL

3 beds | 2 baths | N/A

$449,900

Airbnb cash on cash: 7%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $4461

Traditional Rental Income: $1683

Airbnb ROI: 7%

Traditional ROI: 2.62%

1272 Otho Rd

Abbeville, AL

4 beds | 3 baths | 2,726 sq.ft.

$849,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2852

Airbnb ROI: N/A

Traditional ROI: 2.08%

55972 Turkey Bluff Drive

Stockton, AL

2 beds | 1 baths | 1,098 sq.ft.

$189,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.39%

Airbnb Rental Income: $null

Traditional Rental Income: $1814

Airbnb ROI: N/A

Traditional ROI: 8.39%

3322 Vermont Drive

Montgomery, AL

3 beds | 2 baths | 1,069 sq.ft.

$120,000

Airbnb cash on cash: 7.72%

Traditional cash on cash: 8.27%

Airbnb Rental Income: $1657

Traditional Rental Income: $1256

Airbnb ROI: 7.72%