Real Estate Investments for Sale in Alabama With High ROI

Are you looking for a vacation rental in Alabama? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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
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: 1.8% Traditional cash on cash: 0.52% Airbnb Rental Income: $3145 Traditional Rental Income: $1717 Airbnb ROI: 1.8% Traditional ROI: 0.52%
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: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A Traditional ROI: 2.13%
3356 Cloverdale Road Montgomery, AL Welcome to your dream home nestled just a block away from the park in the coveted Cloverda...	2 beds \| 2 baths \| 1,966 sq.ft.	$239,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 7.01% Airbnb Rental Income: $1737 Traditional Rental Income: $1998 Airbnb ROI: 3.74% Traditional ROI: 7.01%
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: 7.28% Airbnb Rental Income: $null Traditional Rental Income: $2178 Airbnb ROI: N/A Traditional ROI: 7.28%
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	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2630 Airbnb ROI: N/A Traditional ROI: 4.89%
8849 Ashland Park Place Montgomery, AL This charming newly upgraded move in ready home is waiting for you in the desirable gated ...	4 beds \| 2 baths \| 1,800 sq.ft.	$309,000	Airbnb cash on cash: 6.8% Traditional cash on cash: 5.04% Airbnb Rental Income: $3240 Traditional Rental Income: $1999 Airbnb ROI: 6.8% Traditional ROI: 5.04%
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: 3.31% Traditional cash on cash: 5.21% Airbnb Rental Income: $2213 Traditional Rental Income: $2261 Airbnb ROI: 3.31% Traditional ROI: 5.21%
2108 AUDUBON CIRCLE HOOVER, AL MAIN-LEVEL LIVING ON A BEAUTIFUL ACRE LOT IN BLUFF PARK! Adorable ranch-style home with oa...	3 beds \| 2 baths \| N/A	$375,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 3.61% Airbnb Rental Income: $3222 Traditional Rental Income: $1860 Airbnb ROI: 5.42% Traditional ROI: 3.61%
512 ANNISTON AVENUE PIEDMONT, AL What a cute Bungalow that would be a perfect starter home or a home for someone wanting to...	2 beds \| 1 baths \| N/A	$149,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 10.43% Airbnb Rental Income: $1514 Traditional Rental Income: $1814 Airbnb ROI: 5.26% Traditional ROI: 10.43%
234 LAKEWOOD CIRCLE Adamsville, AL This charming house is designed for comfort & relaxation. Upon entering you're greeted by ...	2 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.86% Airbnb Rental Income: $1933 Traditional Rental Income: $1519 Airbnb ROI: 3.34% Traditional ROI: 3.86%
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: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2640 Airbnb ROI: N/A Traditional ROI: 5.76%
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: 5.21% Airbnb Rental Income: $3222 Traditional Rental Income: $2362 Airbnb ROI: 5.62% Traditional ROI: 5.21%
3899 Marie Cook Drive Montgomery, AL Welcome to this rare â jewel with a pool " in the Dalraida/Johnstown area. This lovely 4...	4 beds \| 2 baths \| 1,944 sq.ft.	$209,000	Airbnb cash on cash: 9.66% Traditional cash on cash: 5.25% Airbnb Rental Income: $2970 Traditional Rental Income: $1413 Airbnb ROI: 9.66% Traditional ROI: 5.25%
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: 3.06% Traditional cash on cash: 4.94% Airbnb Rental Income: $2213 Traditional Rental Income: $2299 Airbnb ROI: 3.06% 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: 10.75% Airbnb Rental Income: $null Traditional Rental Income: $1966 Airbnb ROI: N/A Traditional ROI: 10.75%
4312 Bridgewater Circle PHENIX CITY, AL Welcome to this well-maintained brick home in a highly desirable area of North Phenix City...	3 beds \| 2 baths \| N/A	$224,900	Airbnb cash on cash: 4.85% Traditional cash on cash: 6.14% Airbnb Rental Income: $1937 Traditional Rental Income: $1701 Airbnb ROI: 4.85% Traditional ROI: 6.14%
789 Lee Road 443 PHENIX CITY, AL Step inside this beautifully maintained three-bedroom, two-bath home in Lee County, where ...	3 beds \| 2 baths \| N/A	$185,000	Airbnb cash on cash: 5.91% Traditional cash on cash: 7.53% Airbnb Rental Income: $1937 Traditional Rental Income: $1711 Airbnb ROI: 5.91% Traditional ROI: 7.53%
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: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $2501 Airbnb ROI: N/A Traditional ROI: 5.23%
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%
1080 COUNTY ROAD 218 ARLEY, AL Charming two bedroom one bath cabin on beautiful Smith Lake. The home has very few steps t...	2 beds \| 1 baths \| 861 sq.ft.	$315,000	Airbnb cash on cash: 5.69% Traditional cash on cash: 4.23% Airbnb Rental Income: $2758 Traditional Rental Income: $1677 Airbnb ROI: 5.69% Traditional ROI: 4.23%
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.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $3304 Airbnb ROI: N/A Traditional ROI: 4.19%
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: 3.58% Traditional cash on cash: 1.23% Airbnb Rental Income: $4081 Traditional Rental Income: $1743 Airbnb ROI: 3.58% Traditional ROI: 1.23%
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: 1.41% Traditional cash on cash: 0.77% Airbnb Rental Income: $4081 Traditional Rental Income: $2504 Airbnb ROI: 1.41% Traditional ROI: 0.77%
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: 4.47% Traditional cash on cash: 2.59% Airbnb Rental Income: $5492 Traditional Rental Income: $3018 Airbnb ROI: 4.47% Traditional ROI: 2.59%
6431 Raintree Road Fairhope, AL Exquisite Mediterranean design home on beautifully landscaped one plus acre golf course lo...	5 beds \| 6 baths \| 5,894 sq.ft.	$2,495,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 0.49% Airbnb Rental Income: $11363 Traditional Rental Income: $3850 Airbnb ROI: 2.84% Traditional ROI: 0.49%
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: 3.92% Traditional cash on cash: 0.42% Airbnb Rental Income: $4081 Traditional Rental Income: $1576 Airbnb ROI: 3.92% Traditional ROI: 0.42%
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.	$774,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 1.92% Airbnb Rental Income: $5492 Traditional Rental Income: $2489 Airbnb ROI: 4.55% Traditional ROI: 1.92%
409 Church Street HURTSBORO, AL Come settle down in your NEW Craftsman Home Construction Complete!! This home has 3 bedro...	3 beds \| 2 baths \| 1,304 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $2178 Airbnb ROI: N/A Traditional ROI: 8.17%
224 GREY OAKS COURT Pelham, AL Welcome to this charming 4-bedroom, 3-bathroom home that perfectly blends comfort and styl...	4 beds \| 3 baths \| N/A	$590,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 3.19% Airbnb Rental Income: $4929 Traditional Rental Income: $2624 Airbnb ROI: 5.54% Traditional ROI: 3.19%
2803 Briarcliff Rd. Dothan, AL Location, location, location! This home is in the ever so popular NW Dothan area! Close to...	3 beds \| 3 baths \| 2,480 sq.ft.	$279,900	Airbnb cash on cash: 8.59% Traditional cash on cash: 7.67% Airbnb Rental Income: $3506 Traditional Rental Income: $2489 Airbnb ROI: 8.59% Traditional ROI: 7.67%
424 LARUE STREET Birmingham, AL Found in beautiful, historic Roebuck Springs, this tastefully updated 3 bedroom 2 bath Mid...	3 beds \| 2 baths \| N/A	$264,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 3.81% Airbnb Rental Income: $2009 Traditional Rental Income: $1393 Airbnb ROI: 4.18% Traditional ROI: 3.81%
5236 CLAIRMONT AVENUE Birmingham, AL Live in the desirable neighborhood of Crestwood Hills. This unique neighborhood is so clos...	3 beds \| 2 baths \| N/A	$465,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 2.42% Airbnb Rental Income: $3024 Traditional Rental Income: $1761 Airbnb ROI: 3.73% Traditional ROI: 2.42%
1120 BEACON PARKWAY #308 Birmingham, AL Discover this stunning condo, updated and ready for you to move in! With elegant laminate ...	2 beds \| 2 baths \| N/A	$234,900	Airbnb cash on cash: 5.45% Traditional cash on cash: 3.96% Airbnb Rental Income: $2167 Traditional Rental Income: $1287 Airbnb ROI: 5.45% Traditional ROI: 3.96%
56 Apache Trail FORT MITCHELL, AL This beautifully maintained home offers a perfect blend of style and convenience. The arch...	3 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: 6.8% Traditional cash on cash: 5.44% Airbnb Rental Income: $2906 Traditional Rental Income: $1880 Airbnb ROI: 6.8% Traditional ROI: 5.44%
7448 Wimberly Lane Montgomery, AL Call today to tour this wonderful home in East Montgomery! This beautiful home features 3...	3 beds \| 2 baths \| 1,819 sq.ft.	$263,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 5.77% Airbnb Rental Income: $2354 Traditional Rental Income: $1894 Airbnb ROI: 5.28% Traditional ROI: 5.77%
214 Royal Orleans Ct Dothan, AL Beautiful brick New Orleans-French style home in the Vieux Carre neighborhood! This unique...	3 beds \| 3 baths \| 3,785 sq.ft.	$529,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 2.84% Airbnb Rental Income: $3506 Traditional Rental Income: $2196 Airbnb ROI: 3.93% Traditional ROI: 2.84%
802 Summer Lake Street Fairhope, AL WELCOME TO TOP OF THE LINE LUXURY. THIS 4 BEDROOM 2 Â½ BATH HOME HAS ALL NEW QUARTZ COUNTE...	4 beds \| 3 baths \| 3,000 sq.ft.	$610,000	Airbnb cash on cash: 8.64% Traditional cash on cash: 3.15% Airbnb Rental Income: $7134 Traditional Rental Income: $2630 Airbnb ROI: 8.64% Traditional ROI: 3.15%
107 Pine Grove Dr. Troy, AL This Beautiful 3 Bedroom 2 Bathroom Home Built In 2007 Has An Open Concept Living,Kitchen,...	3 beds \| 2 baths \| 1,676 sq.ft.	$215,000	Airbnb cash on cash: 4.84% Traditional cash on cash: 7.15% Airbnb Rental Income: $1917 Traditional Rental Income: $1881 Airbnb ROI: 4.84% Traditional ROI: 7.15%
124 W 49th Street ANNISTON, AL This charming 3-bedroom, 2-bath ranch-style home in the peaceful Saks area of Anniston off...	3 beds \| 2 baths \| 1,189 sq.ft.	$180,000	Airbnb cash on cash: 8.32% Traditional cash on cash: 9.71% Airbnb Rental Income: $2340 Traditional Rental Income: $1999 Airbnb ROI: 8.32% Traditional ROI: 9.71%

Real Estate investment in Alabama

There are 12,134 properties available for sale in the state of Alabama. Somerville, Harvest and Tallassee are the best rental property markets in Alabama. The average median price of properties for sale in these cities are $333,850 and the average price per square foot is $0. Their average monthly cash on cash return is 5.00%.

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

There are 12,134 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 (6%) and Harvest (5%) 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

24400 Perdido Beach Boulevard #1015

Orange Beach, AL

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

$599,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 0.52%

Airbnb Rental Income: $3145

Traditional Rental Income: $1717

Airbnb ROI: 1.8%

Traditional ROI: 0.52%

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: 2.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2894

Airbnb ROI: N/A

Traditional ROI: 2.13%

3356 Cloverdale Road

Montgomery, AL

2 beds | 2 baths | 1,966 sq.ft.

$239,000

Airbnb cash on cash: 3.74%

Traditional cash on cash: 7.01%

Airbnb Rental Income: $1737

Traditional Rental Income: $1998

Airbnb ROI: 3.74%

Traditional ROI: 7.01%

140 Greenleaf Drive

Wetumpka, AL

4 beds | 2 baths | 2,425 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2178

Airbnb ROI: N/A

Traditional ROI: 7.28%

46 WATERFORD PLACE

Trussville, AL

4 beds | 3 baths | N/A

$429,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2630

Airbnb ROI: N/A

Traditional ROI: 4.89%

8849 Ashland Park Place

Montgomery, AL

4 beds | 2 baths | 1,800 sq.ft.

$309,000

Airbnb cash on cash: 6.8%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $3240

Traditional Rental Income: $1999

Airbnb ROI: 6.8%

Traditional ROI: 5.04%

3466 Southview Avenue

Montgomery, AL

3 beds | 3 baths | 2,033 sq.ft.

$339,000

Airbnb cash on cash: 3.31%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $2213

Traditional Rental Income: $2261

Airbnb ROI: 3.31%

Traditional ROI: 5.21%

2108 AUDUBON CIRCLE

HOOVER, AL

3 beds | 2 baths | N/A

$375,000

Airbnb cash on cash: 5.42%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $3222

Traditional Rental Income: $1860

Airbnb ROI: 5.42%