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: -0.96% Traditional cash on cash: 0.28% Airbnb Rental Income: $824 Traditional Rental Income: $3480 Airbnb ROI: -0.96% Traditional ROI: 0.28%
204 COUNTY ROAD 96 UNIT 203 CRANE HILL, AL Smith Lake (Waterford Condominiums) A rare offering of a parking lot level unit at this fa...	3 beds \| 2 baths \| 1,566 sq.ft.	$575,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 1.79% Airbnb Rental Income: $1492 Traditional Rental Income: $1774 Airbnb ROI: 0.45% Traditional ROI: 1.79%
150 COUNTY RD 4232 CRANE HILL, AL Smith Lake (Rock Creek) Sky Cabin is truly an Heirloom property on Smith Lake. Flawless an...	5 beds \| 5 baths \| 3,629 sq.ft.	$2,399,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.19% Airbnb Rental Income: $1220 Traditional Rental Income: $5298 Airbnb ROI: -0.82% Traditional ROI: 1.19%
64 FINCH Rd CRANE HILL, AL Point lot on Crane Hill Side of Rock Creek. Over water Sunrise and sunset views from lakes...	4 beds \| 4 baths \| 3,142 sq.ft.	$1,095,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.99% Airbnb Rental Income: $824 Traditional Rental Income: $4268 Airbnb ROI: -0.71% Traditional ROI: 2.99%
196 Co Rd 168 CRANE HILL, AL Terrific weekender on Smith Lake. 3 BR, 1.5 BA cottage on year round water with big water...	3 beds \| 2 baths \| 1,100 sq.ft.	$359,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 3.12% Airbnb Rental Income: $1492 Traditional Rental Income: $1565 Airbnb ROI: 1.61% Traditional ROI: 3.12%
368 CO RD 193 CRANE HILL, AL NOW OFFERED FULLY FURNISHED + BOAT & Side by Side. Featuring 7 acres with 400+ feet of de...	4 beds \| 4 baths \| 3,342 sq.ft.	$1,199,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.78% Airbnb Rental Income: $824 Traditional Rental Income: $2175 Airbnb ROI: -0.73% Traditional ROI: 0.78%
2939 COUNTY ROAD 950 CRANE HILL, AL Smith Lake (Crooked Creek) An adorable cottage on a flat lot! 2BR/2.5BA just neat as can b...	2 beds \| 3 baths \| 1,248 sq.ft.	$599,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.38% Airbnb Rental Income: $905 Traditional Rental Income: $2076 Airbnb ROI: -0.32% Traditional ROI: 2.38%
202 COUNTY ROAD 327 CRANE HILL, AL Smith Lake (Ryan Creek) Location location location! Right off CR222 and only minutes from ...	5 beds \| 4 baths \| 3,120 sq.ft.	$1,275,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 1.95% Airbnb Rental Income: $1220 Traditional Rental Income: $3802 Airbnb ROI: -0.56% Traditional ROI: 1.95%
350 POINT WILLIAM Ln CRANE HILL, AL Smith Lake (Crooked Creek) A true lake feel right on the water! Includes an additional lot...	4 beds \| 4 baths \| 2,136 sq.ft.	$1,299,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 0.97% Airbnb Rental Income: $824 Traditional Rental Income: $3268 Airbnb ROI: -1.32% Traditional ROI: 0.97%
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: -0.95% Traditional cash on cash: 0.35% Airbnb Rental Income: $824 Traditional Rental Income: $3517 Airbnb ROI: -0.95% Traditional ROI: 0.35%
510 Co Rd 901 CRANE HILL, AL Smith Lake waterfront in desirable Crane Hill with approximately 99 feet of deeded shoreli...	3 beds \| 2 baths \| 2,073 sq.ft.	$799,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.66% Airbnb Rental Income: $1492 Traditional Rental Income: $2294 Airbnb ROI: -0.01% Traditional ROI: 1.66%
204 COUNTY ROAD 96, UNIT 103 CRANE HILL, AL Smith Lake (Waterford Condominiums) A rare offering of a ground floor walk out unit at thi...	3 beds \| 2 baths \| 1,566 sq.ft.	$599,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.2% Airbnb Rental Income: $1492 Traditional Rental Income: $2013 Airbnb ROI: 0.48% Traditional ROI: 2.2%
21416 COUNTY ROAD 222 CRANE HILL, AL Location, Location, Location!! This property has approximately 1000 feet of waterfront tha...	2 beds \| 1 baths \| 668 sq.ft.	$1,100,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.35% Airbnb Rental Income: $905 Traditional Rental Income: $841 Airbnb ROI: -0.62% Traditional ROI: -0.35%
269 COUNTY ROAD 2011 CRANE HILL, AL Smith Lake (Ryan Creek) Stunning sunrises and sunsets will amaze you from this spectacular...	5 beds \| 4 baths \| 3,800 sq.ft.	$1,995,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.78% Airbnb Rental Income: $1220 Traditional Rental Income: $3881 Airbnb ROI: -0.87% Traditional ROI: 0.78%
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.	$1,799,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 1.28% Airbnb Rental Income: $824 Traditional Rental Income: $4225 Airbnb ROI: -0.95% Traditional ROI: 1.28%
277 COUNTY ROAD 172 CRANE HILL, AL Smith Lake \| 125' year-round waterfront in Cullman County! This fully furnished 3BR/3.5BA ...	3 beds \| 4 baths \| 2,806 sq.ft.	$974,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.91% Airbnb Rental Income: $1492 Traditional Rental Income: $2126 Airbnb ROI: -0.27% Traditional ROI: 0.91%
195 COUNTY ROAD 942 CRANE HILL, AL Smith Lake / Crooked Creek - You know that feeling when you arrive at a certain place and ...	2 beds \| 2 baths \| 988 sq.ft.	$399,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.06% Airbnb Rental Income: $905 Traditional Rental Income: $1708 Airbnb ROI: 0% Traditional ROI: 3.06%
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.	$1,790,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 1.69% Airbnb Rental Income: $1220 Traditional Rental Income: $5247 Airbnb ROI: -0.96% Traditional ROI: 1.69%
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: -0.91% Traditional cash on cash: 0.9% Airbnb Rental Income: $1220 Traditional Rental Income: $3848 Airbnb ROI: -0.91% 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.	$349,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.39% Airbnb Rental Income: $1492 Traditional Rental Income: $1564 Airbnb ROI: 1.83% Traditional ROI: 3.39%
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: -0.99% Traditional cash on cash: 0.04% Airbnb Rental Income: $1220 Traditional Rental Income: $3995 Airbnb ROI: -0.99% Traditional ROI: 0.04%
121 COUNTY ROAD 378 CRANE HILL, AL Smith Lake (Ryan Creek) An ideal location and a prime piece of waterfront! Sitting just ab...	3 beds \| 3 baths \| 3,312 sq.ft.	$1,150,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.51% Airbnb Rental Income: $1492 Traditional Rental Income: $2131 Airbnb ROI: -0.5% Traditional ROI: 0.51%
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: 5.1% Traditional cash on cash: 9.44% Airbnb Rental Income: $1492 Traditional Rental Income: $1713 Airbnb ROI: 5.1% Traditional ROI: 9.44%
294 COUNTY ROAD 907 CRANE HILL, AL Well-maintained Smith Lake home offering 4 bedrooms, 3 full baths, and 2 half baths, desig...	4 beds \| 5 baths \| 3,400 sq.ft.	$999,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.04% Airbnb Rental Income: $824 Traditional Rental Income: $2107 Airbnb ROI: -0.69% Traditional ROI: 1.04%
54 CO RD 225 CRANE HILL, AL Experience lake front living in this 4-bedroom, 3-bathroom Townhome. Nestled in a serene c...	4 beds \| 3 baths \| 2,400 sq.ft.	$450,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.41% Airbnb Rental Income: $824 Traditional Rental Income: $2543 Airbnb ROI: -0.45% Traditional ROI: 4.41%
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: -0.88% Traditional cash on cash: 1.22% Airbnb Rental Income: $824 Traditional Rental Income: $3023 Airbnb ROI: -0.88% 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: -0.33% Traditional cash on cash: 1.42% Airbnb Rental Income: $1492 Traditional Rental Income: $2688 Airbnb ROI: -0.33% Traditional ROI: 1.42%
81 CO RD 904 CRANE HILL, AL Smith Lake/Rock Creek -- Some lake homes are nice... and then there are the ones you never...	4 beds \| 4 baths \| 2,500 sq.ft.	$969,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.34% Airbnb Rental Income: $824 Traditional Rental Income: $3369 Airbnb ROI: -0.85% Traditional ROI: 2.34%
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.	$1,325,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.77% Airbnb Rental Income: $1220 Traditional Rental Income: $5237 Airbnb ROI: -0.81% Traditional ROI: 2.77%
32 County Road 446 CRANE HILL, AL Nestled along the crystal-clear shores of Smith Lake, this exceptional residence in Sereni...	4 beds \| 5 baths \| 2,853 sq.ft.	$1,200,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 3.68% Airbnb Rental Income: $824 Traditional Rental Income: $5319 Airbnb ROI: -0.65% Traditional ROI: 3.68%
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.	$2,850,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.8% Airbnb Rental Income: $1220 Traditional Rental Income: $8197 Airbnb ROI: -0.99% Traditional ROI: 1.8%
663 COUNTY ROAD 2021 CRANE HILL, AL Smith Lake (Ryan Creek) 5BR/3.5BA custom built lake home designed by McAlpine Tankersly. S...	5 beds \| 4 baths \| 3,910 sq.ft.	$2,099,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.72% Airbnb Rental Income: $1220 Traditional Rental Income: $3933 Airbnb ROI: -0.87% Traditional ROI: 0.72%
59 COUNTY ROAD 2022 CRANE HILL, AL Smith Lake (Bear Pen) A true custom build in one of the most prestigious and desired areas...	5 beds \| 4 baths \| 4,825 sq.ft.	$2,499,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 0.63% Airbnb Rental Income: $1220 Traditional Rental Income: $4134 Airbnb ROI: -0.8% Traditional ROI: 0.63%
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.	$599,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.76% Airbnb Rental Income: $1492 Traditional Rental Income: $2383 Airbnb ROI: -0.62% Traditional ROI: 1.76%
182 COUNTY ROAD 321 CRANE HILL, AL Looking for an INVESTMENT on SMITH LAKE? This 3 bedroom, 2 1/2 bathroom house offers right...	3 beds \| 3 baths \| 2,939 sq.ft.	$244,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 6.69% Airbnb Rental Income: $1492 Traditional Rental Income: $1924 Airbnb ROI: 2.93% Traditional ROI: 6.69%
501 COUNTY ROAD 2010 CRANE HILL, AL Stunning contemporary farmhouse-style lake home with over 7,000 sf under roof and 4766 sf ...	4 beds \| 5 baths \| 7,198 sq.ft.	$2,890,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.72% Airbnb Rental Income: $824 Traditional Rental Income: $5782 Airbnb ROI: -1.25% Traditional ROI: 0.72%
77 COUNTY RD 2025 CRANE HILL, AL Smith Lake (Bear Pen Cove) A dream property to own! This lakefront lot was hand picked by ...	5 beds \| 5 baths \| 3,800 sq.ft.	$2,099,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.98% Airbnb Rental Income: $1220 Traditional Rental Income: $6090 Airbnb ROI: -0.72% Traditional ROI: 1.98%
118 CO RD 123 CRANE HILL, AL Smith Lake / Crane Hill - REDUCED and the Location of Lakeshore West without the HOA! An i...	5 beds \| 6 baths \| 5,200 sq.ft.	$1,750,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.9% Airbnb Rental Income: $1220 Traditional Rental Income: $8270 Airbnb ROI: -0.68% Traditional ROI: 3.9%
153 COUNTY ROAD 378 CRANE HILL, AL Smith Lake (Ryan Creek) waterfront home on 2 lots totaling ~3.6 acres with 230+ ft of year...	4 beds \| 3 baths \| 3,840 sq.ft.	$875,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.17% Airbnb Rental Income: $824 Traditional Rental Income: $2815 Airbnb ROI: -0.68% Traditional ROI: 2.17%
480 COUNTY ROAD 901 CRANE HILL, AL Smith Lake (Rock Creek) Timeless design and style! This 4BR/3BA cottage is nestled in a wo...	4 beds \| 3 baths \| 1,782 sq.ft.	$950,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.22% Airbnb Rental Income: $824 Traditional Rental Income: $2188 Airbnb ROI: -0.69% Traditional ROI: 1.22%

Real Estate investment in Crane-hill, AL

There are 77 properties for sale in the city of Crane Hill . The median list price in Crane Hill is $1,199,000 and the average price per square foot is $383. In April 2026, the average monthly cash on cash return in Crane Hill is 2.00%. The average monthly rental income in Crane Hill is $3,268.

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

There are 77 investment properties available for sale in Crane-hill.

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

The ROI for Long-Term is higher than the Short-Term in Crane-hill with average rental income of $3,268.

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: -0.96%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $824

Traditional Rental Income: $3480

Airbnb ROI: -0.96%

Traditional ROI: 0.28%

204 COUNTY ROAD 96 UNIT 203

CRANE HILL, AL

3 beds | 2 baths | 1,566 sq.ft.

$575,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1492

Traditional Rental Income: $1774

Airbnb ROI: 0.45%

Traditional ROI: 1.79%

150 COUNTY RD 4232

CRANE HILL, AL

5 beds | 5 baths | 3,629 sq.ft.

$2,399,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 1.19%

Airbnb Rental Income: $1220

Traditional Rental Income: $5298

Airbnb ROI: -0.82%

Traditional ROI: 1.19%

64 FINCH Rd

CRANE HILL, AL

4 beds | 4 baths | 3,142 sq.ft.

$1,095,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $824

Traditional Rental Income: $4268

Airbnb ROI: -0.71%

Traditional ROI: 2.99%

196 Co Rd 168

CRANE HILL, AL

3 beds | 2 baths | 1,100 sq.ft.

$359,900

Airbnb cash on cash: 1.61%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1492

Traditional Rental Income: $1565

Airbnb ROI: 1.61%

Traditional ROI: 3.12%

368 CO RD 193

CRANE HILL, AL

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

$1,199,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $824

Traditional Rental Income: $2175

Airbnb ROI: -0.73%

Traditional ROI: 0.78%

2939 COUNTY ROAD 950

CRANE HILL, AL

2 beds | 3 baths | 1,248 sq.ft.

$599,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $905

Traditional Rental Income: $2076

Airbnb ROI: -0.32%

Traditional ROI: 2.38%

202 COUNTY ROAD 327

CRANE HILL, AL

5 beds | 4 baths | 3,120 sq.ft.

$1,275,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $1220

Traditional Rental Income: $3802

Airbnb ROI: -0.56%