Real Estate Investment Properties for Sale in Crane Hill, AL

Looking for investment property in Crane Hill, AL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
21315 COUNTY RD 222 CRANE HILL, AL This beautiful craftsman style home has all the bells and whistles plus being on the lake ...	4 beds \| 4 baths \| 8,796 sq.ft.	$2,599,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.28% Airbnb Rental Income: $1543 Traditional Rental Income: $3480 Airbnb ROI: -0.71% Traditional ROI: 0.28%
249 WATERDOG DRIVE CRANE HILL, AL SMITH LAKE/SILVEROCK COVE, 4BR/3.5BA, This is one of the best floor plans in silver rock a...	4 beds \| 4 baths \| 1,800 sq.ft.	$589,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.98% Airbnb Rental Income: $1543 Traditional Rental Income: $2431 Airbnb ROI: 0.56% Traditional ROI: 2.98%
368 CO RD 193 CRANE HILL, AL Nestled on nearly 7 acres with 400+ feet of deep waterfront on Smith Lake (Rock Creek), th...	4 beds \| 4 baths \| 3,342 sq.ft.	$1,225,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.74% Airbnb Rental Income: $1543 Traditional Rental Income: $2175 Airbnb ROI: -0.21% Traditional ROI: 0.74%
21315 Co Rd 222 CRANE HILL, AL Possible Owner Financing with 20% down, 30 Amortization, 3 year balloon and Interest rate ...	4 beds \| 4 baths \| 8,796 sq.ft.	$2,499,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 0.35% Airbnb Rental Income: $1543 Traditional Rental Income: $3517 Airbnb ROI: -0.7% Traditional ROI: 0.35%
930 COUNTY ROAD 175 CRANE HILL, AL Smith Lake (Main Channel) Furnished luxury lake living with no compromises. This home does...	4 beds \| 5 baths \| 4,927 sq.ft.	$1,895,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.17% Airbnb Rental Income: $1543 Traditional Rental Income: $4225 Airbnb ROI: -0.61% Traditional ROI: 1.17%
622 CO RD 175 CRANE HILL, AL Smith Lake/ Crane Hill - Custom home located in prestigious Lake Shore West. This 5 bedro...	5 beds \| 5 baths \| 4,500 sq.ft.	$1,850,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.59% Airbnb Rental Income: $1398 Traditional Rental Income: $5247 Airbnb ROI: -0.89% Traditional ROI: 1.59%
191 COUNTY ROAD 215 CRANE HILL, AL Smith Lake (Ryan Creek) One of the most desired and convenient locations on the entire lak...	5 beds \| 5 baths \| 5,100 sq.ft.	$1,799,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.9% Airbnb Rental Income: $1398 Traditional Rental Income: $3848 Airbnb ROI: -0.82% Traditional ROI: 0.9%
980 COUNTY ROAD 941 CRANE HILL, AL Smith Lake (Crooked Creek) A 3BR/2BA rustic lake cottage sitting right on the water! You w...	3 beds \| 2 baths \| 836 sq.ft.	$359,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 3.27% Airbnb Rental Income: $1789 Traditional Rental Income: $1564 Airbnb ROI: 2.49% Traditional ROI: 3.27%
61 COUNTY RD 2025 CRANE HILL, AL Smith Lake (Ryan Creek) Stunning 5BR/4.5BA craftsman nestled in the prestigious Bear Pen C...	5 beds \| 5 baths \| 4,016 sq.ft.	$3,299,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 0.04% Airbnb Rental Income: $1398 Traditional Rental Income: $3995 Airbnb ROI: -0.94% Traditional ROI: 0.04%
14884 County Road 222 CRANE HILL, AL Near Smith Lake - Located in Crane Hill - Partially Historical building. The original part...	3 beds \| 1 baths \| 1,980 sq.ft.	$159,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 9.44% Airbnb Rental Income: $1789 Traditional Rental Income: $1713 Airbnb ROI: 6.73% Traditional ROI: 9.44%
1764 CO RD 4009 CRANE HILL, AL Smith Lake - Fully furnished entertainer's dream! Experience outdoor living at its finest ...	4 beds \| 3 baths \| 3,182 sq.ft.	$1,290,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.22% Airbnb Rental Income: $1543 Traditional Rental Income: $3023 Airbnb ROI: -0.38% Traditional ROI: 1.22%
150 CO RD 222 CRANE HILL, AL !!!!!!PRICE IMPROVEMENT !!!! $999,500.00UNRESTRESTRICTED lake home that sits on 1.04 acres...	3 beds \| 3 baths \| 2,296 sq.ft.	$999,500	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.42% Airbnb Rental Income: $1789 Traditional Rental Income: $2688 Airbnb ROI: -0.07% Traditional ROI: 1.42%
594 CO RD 175 CRANE HILL, AL Nestled in the prestigious Lakeshore West Community on the serene shores of Smith Lake, th...	5 beds \| 5 baths \| 4,500 sq.ft.	$1,349,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.7% Airbnb Rental Income: $1398 Traditional Rental Income: $5237 Airbnb ROI: -0.7% Traditional ROI: 2.7%
85 COUNTY RD 900 CRANE HILL, AL New Concrete Parking area added! RYAN CREEK This Craftsman Style home has 3BR 3BA, 3000 ...	3 beds \| 3 baths \| 3,000 sq.ft.	$799,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.27% Airbnb Rental Income: $1789 Traditional Rental Income: $2692 Airbnb ROI: 0.4% Traditional ROI: 2.27%
185 CO RD 215 CRANE HILL, AL Smith Lake (Ryan Creek) - Discover lakeside luxury at its finest with this stunning newer ...	5 beds \| 4 baths \| 4,255 sq.ft.	$1,649,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.21% Airbnb Rental Income: $1398 Traditional Rental Income: $4095 Airbnb ROI: -0.83% Traditional ROI: 1.21%
185 COUNTY ROAD 2022 CRANE HILL, AL Smith Lake (Ryan Creek) One of the most well known homes in this beautiful section of the ...	5 beds \| 6 baths \| 5,702 sq.ft.	$2,999,900	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.66% Airbnb Rental Income: $1398 Traditional Rental Income: $8197 Airbnb ROI: -0.93% Traditional ROI: 1.66%
111 COUNTY ROAD 4206 CRANE HILL, AL Smith Lake (Rock Creek) Brand new construction in a desired deep water cove! Enjoy the eve...	3 beds \| 3 baths \| 2,080 sq.ft.	$899,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.42% Airbnb Rental Income: $1789 Traditional Rental Income: $2455 Airbnb ROI: 0.04% Traditional ROI: 1.42%
121 COUNTY ROAD 4206 CRANE HILL, AL Smith Lake (Rock Creek) Brand new construction in a desired deep water cove! Enjoy the eve...	3 beds \| 3 baths \| 1,986 sq.ft.	$899,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.32% Airbnb Rental Income: $1789 Traditional Rental Income: $2375 Airbnb ROI: 0.04% Traditional ROI: 1.32%
128 TURTLE POINT Dr CRANE HILL, AL Smith Lake (Silverock Cove): Have the advantage of carefree lake living in the stunning Si...	3 beds \| 3 baths \| 1,900 sq.ft.	$625,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.71% Airbnb Rental Income: $1789 Traditional Rental Income: $2383 Airbnb ROI: 0.85% Traditional ROI: 2.71%
490 CO RD 181 CRANE HILL, AL SMITH LAKE (Crane Hill)-luxurious lakeside living with modern elegance upgrades and unforg...	5 beds \| 4 baths \| 2,832 sq.ft.	$1,199,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.88% Airbnb Rental Income: $1398 Traditional Rental Income: $3760 Airbnb ROI: -0.61% Traditional ROI: 1.88%
118 CO RD 123 CRANE HILL, AL An ideal lake property & truly ready for immediate enjoyment! Positioned on a gently slop...	5 beds \| 6 baths \| 5,200 sq.ft.	$1,999,999	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.28% Airbnb Rental Income: $1398 Traditional Rental Income: $8270 Airbnb ROI: -0.64% Traditional ROI: 3.28%
1395 COUNTY ROAD 2010 CRANE HILL, AL Smith Lake (Ryan Creek) Brand new construction just completed! 4BR/4.5BA w/stunning East f...	4 beds \| 5 baths \| 4,030 sq.ft.	$1,599,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.44% Airbnb Rental Income: $1543 Traditional Rental Income: $5801 Airbnb ROI: -0.73% Traditional ROI: 2.44%
540 CO RD 175 CRANE HILL, AL This exceptional 5-bedroom lake retreat in the highly coveted Lake Shore West Community is...	5 beds \| 4 baths \| 4,323 sq.ft.	$1,199,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.01% Airbnb Rental Income: $1398 Traditional Rental Income: $3901 Airbnb ROI: -0.61% Traditional ROI: 2.01%
134 COUNTY ROAD 4018 CRANE HILL, AL Smith Lake (Rock Creek) 2BR/1BA fixer on a gorgeous part of the lake. Solid rock shoreline...	2 beds \| 1 baths \| 768 sq.ft.	$399,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.83% Airbnb Rental Income: $897 Traditional Rental Income: $1263 Airbnb ROI: -0.05% Traditional ROI: 1.83%
204 COUNTY ROAD 96, UNIT 404 CRANE HILL, AL Smith Lake (Waterford Condominiums) An opportunity to purchase one of the top floor at thi...	3 beds \| 2 baths \| 1,566 sq.ft.	$635,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.95% Airbnb Rental Income: $1789 Traditional Rental Income: $2056 Airbnb ROI: 0.68% Traditional ROI: 1.95%
249 COUNTY ROAD 923 CRANE HILL, AL Smith Lake (Flat Rock Cove) A timeless brand new lakeouse just completed! 4BR/4.5BA with a...	4 beds \| 5 baths \| 3,096 sq.ft.	$1,599,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.14% Airbnb Rental Income: $1543 Traditional Rental Income: $5361 Airbnb ROI: -0.73% Traditional ROI: 2.14%
791 COUNTY ROAD 337 CRANE HILL, AL Smith Lake (Cullman Side) An absolute wow property with some of the best views you can fin...	5 beds \| 4 baths \| 3,416 sq.ft.	$1,399,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.74% Airbnb Rental Income: $1398 Traditional Rental Income: $4009 Airbnb ROI: -0.59% Traditional ROI: 1.74%
2289 COUNTY ROAD 870 CRANE HILL, AL Smith Lake (Ryan Creek) Tucked away in a quiet bay behind one of Smith Lake's few islands,...	5 beds \| 5 baths \| 3,742 sq.ft.	$979,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 5.9% Airbnb Rental Income: $1398 Traditional Rental Income: $6477 Airbnb ROI: -0.14% Traditional ROI: 5.9%
68 COUNTY ROAD 2016 CRANE HILL, AL Smith Lake (Ryan Creek) An exceptional value in the midst of one of the most popular and d...	4 beds \| 4 baths \| 2,600 sq.ft.	$1,150,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.07% Airbnb Rental Income: $1543 Traditional Rental Income: $3560 Airbnb ROI: -0.23% Traditional ROI: 2.07%
204 COUNTY ROAD 96 UNIT 104 CRANE HILL, AL Smith Lake - Waterford Condominiums. Lets talk about easy lake living! This bottom level C...	3 beds \| 2 baths \| 1,566 sq.ft.	$599,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.35% Airbnb Rental Income: $1789 Traditional Rental Income: $2059 Airbnb ROI: 0.99% Traditional ROI: 2.35%
676 CO RD 864 CRANE HILL, AL Starlight on Smith Lake- This 3 bedroom, 2 bath lake home offers over 2,000 sq ft of open-...	3 beds \| 2 baths \| 2,000 sq.ft.	$769,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.81% Airbnb Rental Income: $1789 Traditional Rental Income: $2397 Airbnb ROI: 0.28% Traditional ROI: 1.81%
474 CR 4210 CRANE HILL, AL Smith Lake (Rock Creek) An authentic lake house on a very popular and desired area of the ...	3 beds \| 3 baths \| 1,296 sq.ft.	$799,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.48% Airbnb Rental Income: $1789 Traditional Rental Income: $2152 Airbnb ROI: 0.34% Traditional ROI: 1.48%
594 CO RD 209 CRANE HILL, AL Garageominium at Smith Lake with a sleeping area, loft, den and bathroom. This 30' x 50' s...	1 beds \| 1 baths \| 1,500 sq.ft.	$159,900	Airbnb cash on cash: -2.13% Traditional cash on cash: 8.15% Airbnb Rental Income: $172 Traditional Rental Income: $1524 Airbnb ROI: -2.13% Traditional ROI: 8.15%
751 County Road 855 CRANE HILL, AL Spacious manufactured home on 9 unrestricted acres just minutes from Smith Lake. This prop...	4 beds \| 3 baths \| 1,667 sq.ft.	$165,000	Airbnb cash on cash: 5.3% Traditional cash on cash: 9.07% Airbnb Rental Income: $1543 Traditional Rental Income: $1691 Airbnb ROI: 5.3% Traditional ROI: 9.07%
594 County Road 209 CRANE HILL, AL Garagedominium at Smith Lake with a sleeping area, loft, den and bathroom. This 30' x 50' ...	1 beds \| 1 baths \| 1,722 sq.ft.	$159,900	Airbnb cash on cash: -2.14% Traditional cash on cash: 8.44% Airbnb Rental Income: $172 Traditional Rental Income: $1569 Airbnb ROI: -2.14% Traditional ROI: 8.44%
3510 County Road 22 CRANE HILL, AL Experience Smith Lake living at its finest! Completely remodeled in 2021, this beautiful 3...	3 beds \| 3 baths \| 2,491 sq.ft.	$1,250,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 0.89% Airbnb Rental Income: $1789 Traditional Rental Income: $2661 Airbnb ROI: -0.28% Traditional ROI: 0.89%
1190 County Road 950 CRANE HILL, AL	3 beds \| 2 baths \| 1,600 sq.ft.	$310,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 4.28% Airbnb Rental Income: $1789 Traditional Rental Income: $1814 Airbnb ROI: 2.52% Traditional ROI: 4.28%
190 COUNTY RD 2020 CRANE HILL, AL Smith Lake- Welcome to the Coveted Lake Shore West Subdivision of Crane Hil. In a great lo...	5 beds \| 6 baths \| 5,148 sq.ft.	$4,000,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.05% Airbnb Rental Income: $1398 Traditional Rental Income: $8079 Airbnb ROI: -0.87% Traditional ROI: 1.05%
288 POINT WILLIAM LANE CRANE HILL, AL Smith Lake (Rock Creek) The only home available in the desired Point William community. Th...	4 beds \| 4 baths \| 2,136 sq.ft.	$1,099,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.96% Airbnb Rental Income: $1543 Traditional Rental Income: $3331 Airbnb ROI: -0.22% Traditional ROI: 1.96%
1555 COUNTY ROAD 335 CRANE HILL, AL Smith Lake's iconic ''Slide House'' freshly renovated with space for all the folks this sp...	4 beds \| 4 baths \| 2,986 sq.ft.	$1,499,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 1.9% Airbnb Rental Income: $1543 Traditional Rental Income: $4417 Airbnb ROI: -0.48% Traditional ROI: 1.9%

Real Estate investment in Crane-hill, AL

There are 47 properties for sale in the city of Crane Hill . The median list price in Crane Hill is $1,099,000 and the average price per square foot is $345. In January 2026, the average monthly cash on cash return in Crane Hill is 2.00%. The average monthly rental income in Crane Hill is $2,688.

Crane-hill, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 47 investment properties available for sale in Crane-hill.

In 2026, the best neighborhood to buy investment property is CRANE HILL.

The ROI for Short-Term is higher than the Long-Term in Crane-hill with average rental income of $1,543.

Your search for investment property begins and ends here

Investment Property for Sale in Crane Hill, AL

21315 COUNTY RD 222

CRANE HILL, AL

4 beds | 4 baths | 8,796 sq.ft.

$2,599,900

Airbnb cash on cash: -0.71%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $1543

Traditional Rental Income: $3480

Airbnb ROI: -0.71%

Traditional ROI: 0.28%

249 WATERDOG DRIVE

CRANE HILL, AL

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

$589,900

Airbnb cash on cash: 0.56%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1543

Traditional Rental Income: $2431

Airbnb ROI: 0.56%

Traditional ROI: 2.98%

368 CO RD 193

CRANE HILL, AL

4 beds | 4 baths | 3,342 sq.ft.

$1,225,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 0.74%

Airbnb Rental Income: $1543

Traditional Rental Income: $2175

Airbnb ROI: -0.21%

Traditional ROI: 0.74%

21315 Co Rd 222

CRANE HILL, AL

4 beds | 4 baths | 8,796 sq.ft.

$2,499,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 0.35%

Airbnb Rental Income: $1543

Traditional Rental Income: $3517

Airbnb ROI: -0.7%

Traditional ROI: 0.35%

930 COUNTY ROAD 175

CRANE HILL, AL

4 beds | 5 baths | 4,927 sq.ft.

$1,895,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 1.17%

Airbnb Rental Income: $1543

Traditional Rental Income: $4225

Airbnb ROI: -0.61%

Traditional ROI: 1.17%

622 CO RD 175

CRANE HILL, AL

5 beds | 5 baths | 4,500 sq.ft.

$1,850,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $1398

Traditional Rental Income: $5247

Airbnb ROI: -0.89%

Traditional ROI: 1.59%

191 COUNTY ROAD 215

CRANE HILL, AL

5 beds | 5 baths | 5,100 sq.ft.

$1,799,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 0.9%

Airbnb Rental Income: $1398

Traditional Rental Income: $3848

Airbnb ROI: -0.82%

Traditional ROI: 0.9%

980 COUNTY ROAD 941

CRANE HILL, AL

3 beds | 2 baths | 836 sq.ft.

$359,000

Airbnb cash on cash: 2.49%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1789

Traditional Rental Income: $1564

Airbnb ROI: 2.49%