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 2026

In 2026, Somervilleis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
934 Sea Cliff Drive Fairhope, AL Nestled on Fly Creek, this exceptional 4-bedroom, 3-bath home offers serene water views an...	4 beds \| 3 baths \| 4,051 sq.ft.	$1,395,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 0.8% Airbnb Rental Income: $3992 Traditional Rental Income: $2508 Airbnb ROI: 1.28% Traditional ROI: 0.8%
2089 Bourbon Street FOLEY, AL Welcome to this beautifully updated 4-bedroom,2.5 bath home located in the highly sought a...	4 beds \| 3 baths \| 2,434 sq.ft.	$525,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.94% Airbnb Rental Income: $1611 Traditional Rental Income: $2111 Airbnb ROI: 0.99% Traditional ROI: 2.94%
7315 Birch Creek Trail Pike Road, AL WONDERFUL HOME IN WOODLAND CREEK, ON A QUIET LOW TRAVELED STREET, READY FOR MOVE IN NOW! T...	3 beds \| 3 baths \| 2,252 sq.ft.	$389,500	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.7% Airbnb Rental Income: $883 Traditional Rental Income: $2115 Airbnb ROI: -0.59% Traditional ROI: 3.7%
101 N CAPITOL Parkway Montgomery, AL This charming 3-bedroom, 2-bathroom home perfectly blends historic character with modern a...	3 beds \| 2 baths \| 2,402 sq.ft.	$169,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 11.14% Airbnb Rental Income: $903 Traditional Rental Income: $2128 Airbnb ROI: 1.48% Traditional ROI: 11.14%
8725 Old Marsh Way Montgomery, AL This beautifully designed one level 4-bedroom, 3-bath home in the sought-after Wyndridge c...	4 beds \| 3 baths \| 2,075 sq.ft.	$350,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.22% Airbnb Rental Income: $1243 Traditional Rental Income: $2069 Airbnb ROI: 0.51% Traditional ROI: 4.22%
140 Greenleaf Dr 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%
3219 FAIRFAX Road Montgomery, AL Welcome to this well-maintained 3-bedroom, 1-bath home in the heart of a quiet and establi...	3 beds \| 1 baths \| 1,080 sq.ft.	$104,999	Airbnb cash on cash: 0.8% Traditional cash on cash: 8.26% Airbnb Rental Income: $610 Traditional Rental Income: $1079 Airbnb ROI: 0.8% Traditional ROI: 8.26%
3971 Lafitte Boulevard GULF SHORES, AL Your future home awaits on the Intracoastal Waterway! This beautifully fully remodeled 3-b...	3 beds \| 3 baths \| 2,848 sq.ft.	$890,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.83% Airbnb Rental Income: $1876 Traditional Rental Income: $2208 Airbnb ROI: -0.18% Traditional ROI: 0.83%
24522 Perdido Beach Boulevard #3205 Orange Beach, AL Experience the ultimate coastal lifestyle in this beautifully maintained, direct Gulf-fron...	1 beds \| 1 baths \| 720 sq.ft.	$449,900	Airbnb cash on cash: 0% Traditional cash on cash: -0.35% Airbnb Rental Income: $1622 Traditional Rental Income: $1012 Airbnb ROI: 0% Traditional ROI: -0.35%
809 PARADISE POINT DRIVE COLUMBIANA, AL Wow! Everyone's been looking for a Great Lake fixer-upper under $450K - and this one has p...	3 beds \| 2 baths \| 1,683 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $1434 Airbnb ROI: N/A Traditional ROI: 1.74%
2066 KNOLLWOOD PLACE Birmingham, AL Welcome to Knollwood Place! This 4-bedroom, 4.5-bath home in gated Highland Lakes offers 3...	4 beds \| 5 baths \| 3,603 sq.ft.	$630,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 7.8% Airbnb Rental Income: $1867 Traditional Rental Income: $5505 Airbnb ROI: 0.76% Traditional ROI: 7.8%
4449 Ridgeland Dr GARDENDALE, AL Welcome home!! This 3 bed, 2 bath property has been well maintained by the current owner a...	3 beds \| 2 baths \| 1,738 sq.ft.	$259,900	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.76% Airbnb Rental Income: $1228 Traditional Rental Income: $1877 Airbnb ROI: 1.51% Traditional ROI: 5.76%
2010 Plantation Pkwy MOODY, AL Beautiful and Spacious Brick Front, One Level, large open floor plan with family room, b...	3 beds \| 2 baths \| 1,874 sq.ft.	$249,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 5.36% Airbnb Rental Income: $1742 Traditional Rental Income: $1694 Airbnb ROI: 3.52% Traditional ROI: 5.36%
23826 Opine Road ANDALUSIA, AL Set on 53.57 acres, this property features open pasture, mature timber, and a scenic pond,...	3 beds \| 2 baths \| 1,666 sq.ft.	$474,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 1.58% Airbnb Rental Income: $813 Traditional Rental Income: $1422 Airbnb ROI: -0.52% Traditional ROI: 1.58%
384 Forest Park Drive Montgomery, AL Welcome to Forest Hills! This beautiful brick home features an inviting entryway that open...	3 beds \| 2 baths \| 1,581 sq.ft.	$155,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 8.28% Airbnb Rental Income: $610 Traditional Rental Income: $1530 Airbnb ROI: 0.11% Traditional ROI: 8.28%
26 Bristol Lane PHENIX CITY, AL This Beautiful and spacious well kept 4 BD/ 3BA home, sits in the cul-de-sac featuring 303...	4 beds \| 3 baths \| 3,037 sq.ft.	$360,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.67% Airbnb Rental Income: $1350 Traditional Rental Income: $2528 Airbnb ROI: 0.96% Traditional ROI: 5.67%
1051 Co Rd 1092 CULLMAN, AL THREE BEDROOM 2 BATH HOUSE WITH WRAP AROUND PORCH , SOLD AS IS WHERE IS. PURCHASER TO VERI...	3 beds \| 1 baths \| 1,604 sq.ft.	$105,000	Airbnb cash on cash: 4.4% Traditional cash on cash: 11.84% Airbnb Rental Income: $1105 Traditional Rental Income: $1489 Airbnb ROI: 4.4% Traditional ROI: 11.84%
469 County Road 262 HANCEVILLE, AL The house on the hill! Overlooking Idle Acre subdivision this beautiful home with acreage ...	3 beds \| 3 baths \| 2,838 sq.ft.	$349,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 8.13% Airbnb Rental Income: $999 Traditional Rental Income: $3123 Airbnb ROI: 0.56% Traditional ROI: 8.13%
200 MONTGOMERY STREET WARRIOR, AL Investor special!! This 2 bedroom, 1 bathroom home with garage apartment (2bd/1ba)in Warri...	2 beds \| 1 baths \| 1,106 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.12% Airbnb Rental Income: $null Traditional Rental Income: $1197 Airbnb ROI: N/A Traditional ROI: 8.12%
61 Utah Street FORT MITCHELL, AL Just minutes from the back gate of Fort Benning, this stunning 5-bedroom, 4-bath brick-fro...	5 beds \| 4 baths \| 4,385 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $3122 Airbnb ROI: N/A Traditional ROI: 6.13%
2813 Nancy Drive PHENIX CITY, AL Welcome to 2813 Nancy Drive in the desirable Gatewood subdivision of Phenix City, Alabama!...	3 beds \| 2 baths \| 1,610 sq.ft.	$249,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 3.61% Airbnb Rental Income: $1189 Traditional Rental Income: $1278 Airbnb ROI: 1.59% Traditional ROI: 3.61%
1311 Melanie Lane PHENIX CITY, AL Move-in ready all-brick home in a prime North Phenix City location with the choice of Phen...	4 beds \| 3 baths \| 3,168 sq.ft.	$397,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.74% Airbnb Rental Income: $1350 Traditional Rental Income: $2808 Airbnb ROI: 0.71% Traditional ROI: 5.74%
3811 26th Ave PHENIX CITY, AL Great Location. 4 bedroom, 3 full bathroom homes is in need of tender loving care and a ne...	4 beds \| 3 baths \| 2,136 sq.ft.	$189,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 10.64% Airbnb Rental Income: $1350 Traditional Rental Income: $2473 Airbnb ROI: 2.12% Traditional ROI: 10.64%
2210 9th Avenue PHENIX CITY, AL Welcome home to this charming and well-maintained 3 bedroom, 1 bath home conveniently loca...	3 beds \| 1 baths \| 1,064 sq.ft.	$159,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 4.87% Airbnb Rental Income: $1189 Traditional Rental Income: $1126 Airbnb ROI: 2.75% Traditional ROI: 4.87%
1 Lee Road 2138 PHENIX CITY, AL Beautiful 3BR/2BA full brick home in Yorktown offering 1,375 sqft in Lee County! Located i...	3 beds \| 2 baths \| 1,375 sq.ft.	$259,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.25% Airbnb Rental Income: $1189 Traditional Rental Income: $1472 Airbnb ROI: 1.52% Traditional ROI: 4.25%
54 Lee Road 918 PHENIX CITY, AL Move-in ready and completely remodeled in Lee County! This beautifully updated 3-bedroom, ...	3 beds \| 2 baths \| 1,307 sq.ft.	$249,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.45% Airbnb Rental Income: $1189 Traditional Rental Income: $1432 Airbnb ROI: 1.78% Traditional ROI: 4.45%
9 Brentview Drive PHENIX CITY, AL Space, style, and thoughtful updates - this Phenix City gem checks every box. With three b...	3 beds \| 3 baths \| 2,114 sq.ft.	$270,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.64% Airbnb Rental Income: $1189 Traditional Rental Income: $1654 Airbnb ROI: 1.29% Traditional ROI: 4.64%
3013 3rd Avenue PHENIX CITY, AL Located just minutes from the beautiful Chattahoochee River, this stunning home has been f...	4 beds \| 3 baths \| 2,074 sq.ft.	$289,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 7.16% Airbnb Rental Income: $1350 Traditional Rental Income: $2530 Airbnb ROI: 1.33% Traditional ROI: 7.16%
157 Lee Road 197 PHENIX CITY, AL Welcome home to this charming 3-bedroom, 2-bath retreat in Phenix City, where comfort and ...	3 beds \| 2 baths \| 1,508 sq.ft.	$239,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.9% Airbnb Rental Income: $1189 Traditional Rental Income: $1278 Airbnb ROI: 1.8% Traditional ROI: 3.9%
787 COUNTY ROAD 235 ARLEY, AL This charming two-story lake home offers stunning views and 1,600 sq ft of porches for out...	4 beds \| 3 baths \| 2,300 sq.ft.	$749,999	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.23% Airbnb Rental Income: $1176 Traditional Rental Income: $3136 Airbnb ROI: -0.12% Traditional ROI: 3.23%
1170 Wellington Court S Mobile, AL *USDA ELIGIBILITY IF YOU QUALIFY AND $3,000 SELLER CREDIT TO BUY DOWN INTEREST RATE! *...	3 beds \| 3 baths \| 1,887 sq.ft.	$274,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.82% Airbnb Rental Income: $1221 Traditional Rental Income: $1970 Airbnb ROI: 1.42% Traditional ROI: 5.82%
8622 Fernwood Loop Semmes, AL With a little TLC this 4 bedroom 3 bath home will be a show stopper! Features include Fire...	4 beds \| 3 baths \| 2,307 sq.ft.	$290,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 6.68% Airbnb Rental Income: $1857 Traditional Rental Income: $2303 Airbnb ROI: 3.22% Traditional ROI: 6.68%
103 PINECREST ROAD HUEYTOWN, AL Welcome home to this beautifully renovated, low-maintenance property nestled on a quiet de...	4 beds \| 2 baths \| 1,797 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $1786 Airbnb ROI: N/A Traditional ROI: 5.79%
27580 Canal Road #1414 Orange Beach, AL Welcome to your dream coastal retreat in the heart of Orange Beach! This fantastic bayfron...	2 beds \| 2 baths \| 1,308 sq.ft.	$639,900	Airbnb cash on cash: -1.09% Traditional cash on cash: -0.03% Airbnb Rental Income: $1764 Traditional Rental Income: $1911 Airbnb ROI: -1.09% Traditional ROI: -0.03%
26200 Perdido Beach Boulevard #601 Orange Beach, AL NEW PRICE! Admiral Quarters 601 is a rare east-corner 4-bedroom, 4-bath Gulf-front residen...	4 beds \| 4 baths \| 2,120 sq.ft.	$1,285,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.19% Airbnb Rental Income: $3807 Traditional Rental Income: $3536 Airbnb ROI: -0.27% Traditional ROI: 0.19%
4592 Grander Court #7-A Orange Beach, AL Stunning Turn Key 3 bedroom 3.5 bath townhouse style condo with a 2 car garage and tackle ...	3 beds \| 4 baths \| 2,766 sq.ft.	$1,199,999	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.08% Airbnb Rental Income: $3174 Traditional Rental Income: $3979 Airbnb ROI: 0.71% Traditional ROI: 2.08%
23044 Perdido Beach Boulevard #333 Orange Beach, AL Rare opportunity to own a 3-bedroom, 2.5-bath Gulf-front condo in the highly sought-after ...	3 beds \| 3 baths \| 1,232 sq.ft.	$489,999	Airbnb cash on cash: 1.99% Traditional cash on cash: 0.45% Airbnb Rental Income: $3174 Traditional Rental Income: $1752 Airbnb ROI: 1.99% Traditional ROI: 0.45%
28107 Perdido Beach Boulevard #D808 Orange Beach, AL Welcome to Caribe Resort D808, a beautifully updated 2-bedroom, 2-bath residence offering ...	2 beds \| 2 baths \| 1,602 sq.ft.	$844,000	Airbnb cash on cash: -1.03% Traditional cash on cash: -0.16% Airbnb Rental Income: $1764 Traditional Rental Income: $1964 Airbnb ROI: -1.03% Traditional ROI: -0.16%

Real Estate investment in Alabama

There are 23,612 properties available for sale in the state of Alabama. Somerville, Boaz and Tallassee are the best rental property markets in Alabama. The average median price of properties for sale in these cities are $499,300 and the average price per square foot is $0. Their average monthly cash on cash return is 5.67%.

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

There are 23,612 investment properties available for sale in Alabama.

In 2026, Somerville is the best city to buy investment properties. Find more investment properties today!

In 2026, Somerville (6%) and Boaz (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

934 Sea Cliff Drive

Fairhope, AL

4 beds | 3 baths | 4,051 sq.ft.

$1,395,000

Airbnb cash on cash: 1.28%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $3992

Traditional Rental Income: $2508

Airbnb ROI: 1.28%

Traditional ROI: 0.8%

2089 Bourbon Street

FOLEY, AL

4 beds | 3 baths | 2,434 sq.ft.

$525,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $1611

Traditional Rental Income: $2111

Airbnb ROI: 0.99%

Traditional ROI: 2.94%

7315 Birch Creek Trail

Pike Road, AL

3 beds | 3 baths | 2,252 sq.ft.

$389,500

Airbnb cash on cash: -0.59%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $883

Traditional Rental Income: $2115

Airbnb ROI: -0.59%

Traditional ROI: 3.7%

101 N CAPITOL Parkway

Montgomery, AL

3 beds | 2 baths | 2,402 sq.ft.

$169,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 11.14%

Airbnb Rental Income: $903

Traditional Rental Income: $2128

Airbnb ROI: 1.48%

Traditional ROI: 11.14%

8725 Old Marsh Way

Montgomery, AL

4 beds | 3 baths | 2,075 sq.ft.

$350,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1243

Traditional Rental Income: $2069

Airbnb ROI: 0.51%

Traditional ROI: 4.22%

140 Greenleaf Dr

Wetumpka, AL

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%

3219 FAIRFAX Road

Montgomery, AL

3 beds | 1 baths | 1,080 sq.ft.

$104,999

Airbnb cash on cash: 0.8%

Traditional cash on cash: 8.26%

Airbnb Rental Income: $610

Traditional Rental Income: $1079

Airbnb ROI: 0.8%

Traditional ROI: 8.26%

3971 Lafitte Boulevard

GULF SHORES, AL

3 beds | 3 baths | 2,848 sq.ft.

$890,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 0.83%

Airbnb Rental Income: $1876

Traditional Rental Income: $2208

Airbnb ROI: -0.18%