Real Estate Investment Properties for Sale in Roanoke, AL

Looking for investment property in Roanoke, AL with high ROI ?

Explore a variety of short-term homes & houses in Roanoke, AL. Invest wisely with VRBO & Roanoke, AL 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 Roanoke, AL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
206 Rock Mills Road ROANOKE, AL Beautiful move in ready one level living! 2 large bedrooms with 1.5 baths. Large kitchen &...	2 beds \| 2 baths \| 1,313 sq.ft.	$180,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 7.33% Airbnb Rental Income: $1363 Traditional Rental Income: $1553 Airbnb ROI: 3.79% Traditional ROI: 7.33%
206 WEST POINT STREET ROANOKE, AL Craftsman Bungalow styled home built in 1926 and well maintained. This home is designed fo...	4 beds \| 3 baths \| N/A	$298,700	Airbnb cash on cash: 7.44% Traditional cash on cash: 8.7% Airbnb Rental Income: $3324 Traditional Rental Income: $2935 Airbnb ROI: 7.44% Traditional ROI: 8.7%
Investment Properties for Sale in Other Cities of Alabama
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%
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%

Real Estate investment in Roanoke, AL

There are 4 properties for sale in the city of Roanoke . The median list price in Roanoke is $174,000 and the average price per square foot is $102. In December 2024, the average monthly cash on cash return in Roanoke is 9.00%. The average monthly rental income in Roanoke is $1,553.

Roanoke, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 4 investment properties available for sale in Roanoke.

In 2024, the best neighborhood to buy investment property is ROANOKE.

The ROI for Long-Term is higher than the Short-Term in Roanoke with average rental income of $1,553.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, AL

206 Rock Mills Road

ROANOKE, AL

2 beds | 2 baths | 1,313 sq.ft.

$180,000

Airbnb cash on cash: 3.79%

Traditional cash on cash: 7.33%

Airbnb Rental Income: $1363

Traditional Rental Income: $1553

Airbnb ROI: 3.79%

Traditional ROI: 7.33%

206 WEST POINT STREET

ROANOKE, AL

4 beds | 3 baths | N/A

$298,700

Airbnb cash on cash: 7.44%

Traditional cash on cash: 8.7%

Airbnb Rental Income: $3324

Traditional Rental Income: $2935

Airbnb ROI: 7.44%

Traditional ROI: 8.7%

Investment Properties for Sale in Other Cities of Alabama

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%

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%

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%

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%

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%

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%

HOOVER , AL

3 beds | 2 baths | N/A

$375,000

Airbnb cash on cash: 5.42%