Real Estate Investment Properties for Sale in Rainbow City, AL

Looking for investment property in Rainbow City, AL with high ROI ?

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
133 Whisperwood Tl RAINBOW CITY, AL Adorable 3-bedroom, 2.5-bath home situated on a large lot with charming, stylish design an...	3 beds \| 3 baths \| 2,250 sq.ft.	$384,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.27% Airbnb Rental Income: $830 Traditional Rental Income: $2508 Airbnb ROI: -0.29% Traditional ROI: 5.27%
132 Pineview St RAINBOW CITY, AL Move-in ready opportunity in the heart of Rainbow City! This property features a recently ...	4 beds \| 2 baths \| 1,492 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.06% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 11.06%
106 Staci Ln RAINBOW CITY, AL Coming Soon-Welcome home to this beautifully remodeled 3-bedroom, 2-bath home on a corner ...	3 beds \| 2 baths \| 1,866 sq.ft.	$259,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 6.15% Airbnb Rental Income: $830 Traditional Rental Income: $1942 Airbnb ROI: 0.27% Traditional ROI: 6.15%
203 Laurel Wood Dr RAINBOW CITY, AL 2338 ft.2 built 2015 9 yr old shingle roof excellent condition Upstairs loft w/separate AC...	3 beds \| N/A baths \| 2,338 sq.ft.	$415,200	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.88% Airbnb Rental Income: $830 Traditional Rental Income: $2150 Airbnb ROI: -0.36% Traditional ROI: 3.88%
114 Royal Troon Dr RAINBOW CITY, AL Need more space? Look no further! This beautifully updated home features 5 large bedrooms,...	5 beds \| 2 baths \| 2,608 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.57% Airbnb Rental Income: $null Traditional Rental Income: $3003 Airbnb ROI: N/A Traditional ROI: 7.57%
106 Yorkshire Pl RAINBOW CITY, AL RAINBOW CITY \| BEAUTIFULLY RENOVATED \| NEW CENTRAL H/A \| Beautiful 3BDRM/2BTH all brick fa...	3 beds \| 2 baths \| 2,275 sq.ft.	$349,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 6.4% Airbnb Rental Income: $830 Traditional Rental Income: $2688 Airbnb ROI: -0.25% Traditional ROI: 6.4%
100 Norwood Dr RAINBOW CITY, AL Welcome to 100 Norwood Drive in the Gadsden Country Club neighborhood! This beautifully re...	5 beds \| 4 baths \| 4,188 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $3755 Airbnb ROI: N/A Traditional ROI: 6.51%
239 Riddles Bend Rd RAINBOW CITY, AL Waterfront Property in RBC! Completely Renovated, Almost new! This 3Bed/2Bath offers year-...	3 beds \| 2 baths \| 1,450 sq.ft.	$389,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 5.09% Airbnb Rental Income: $830 Traditional Rental Income: $2486 Airbnb ROI: -0.33% Traditional ROI: 5.09%
207 Hummingbird Way RAINBOW CITY, AL RAINBOW CITY \| CUSTOM \| PRIVACY \| BASEMENT/FLEX SPACE \| Gorgeous one owner ALL BRICK 5BDRM...	5 beds \| 4 baths \| 4,822 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $3470 Airbnb ROI: N/A Traditional ROI: 5.13%
390 Indian Lake Dr RAINBOW CITY, AL Stunning Lakefront Home on the Coosa River in Riddles Bend with 100 ft. of river frontage....	5 beds \| 4 baths \| 3,123 sq.ft.	$789,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $4996 Airbnb ROI: N/A Traditional ROI: 5.25%
204 Seville Ln RAINBOW CITY, AL Welcome home to this 2409 Sq Ft +/-, 4-bedroom, 3-bath ranch-style home that perfectly ble...	4 beds \| 3 baths \| 2,409 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $2712 Airbnb ROI: N/A Traditional ROI: 9.06%
351 Canoe Creek Rd RAINBOW CITY, AL Waterfront living at its best! This newly renovated one-story home on a scenic creek flowi...	4 beds \| 3 baths \| 3,162 sq.ft.	$674,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $2678 Airbnb ROI: N/A Traditional ROI: 2.7%
303 Autumnwood Dr RAINBOW CITY, AL Move in ready home in Rainbow City! This 1,332 +/- 3BR 2BA property has everything you nee...	3 beds \| 2 baths \| 1,332 sq.ft.	$203,999	Airbnb cash on cash: 0.7% Traditional cash on cash: 6.92% Airbnb Rental Income: $830 Traditional Rental Income: $1706 Airbnb ROI: 0.7% Traditional ROI: 6.92%
351 CANOE CREEK ROAD RAINBOW CITY, AL Please confirm all items of importance. Septic Installed 2022	4 beds \| 3 baths \| 3,162 sq.ft.	$674,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $2678 Airbnb ROI: N/A Traditional ROI: 2.7%
103 Woodbrook Ln RAINBOW CITY, AL 103 Woodbrook Ln, RAINBOW CITY, AL 35906 \| Single Family Residential	4 beds \| N/A baths \| 1,572 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $1572 Airbnb ROI: N/A Traditional ROI: 5.72%
211 Riddles Bend Rd RAINBOW CITY, AL 211 Riddles Bend Rd, RAINBOW CITY, AL 35906 \| Single Family Residential	3 beds \| N/A baths \| 1,152,900 sq.ft.	$195,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.3% Airbnb Rental Income: $830 Traditional Rental Income: $1522 Airbnb ROI: 0.8% Traditional ROI: 6.3%
579 Perman Lake Rd RAINBOW CITY, AL 579 Perman Lake Rd, RAINBOW CITY, AL 35906 \| Single Family Residential	5 beds \| N/A baths \| 3,689 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.81% Airbnb Rental Income: $null Traditional Rental Income: $2101 Airbnb ROI: N/A Traditional ROI: 0.81%
4 Rainbow Dr RAINBOW CITY, AL 4 Rainbow Dr, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: -2.11% Traditional cash on cash: 3.14% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -2.11% Traditional ROI: 3.14%
117-121 E Grand Ave RAINBOW CITY, AL 117-121 E Grand Ave, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 0.9% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -1.76% Traditional ROI: 0.9%
4012 (.75acre) Hwy 411 RAINBOW CITY, AL	N/A beds \| N/A baths \| N/A	$95,500	Airbnb cash on cash: -2.49% Traditional cash on cash: 5.59% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -2.49% Traditional ROI: 5.59%
Lot Hummingbird Way RAINBOW CITY, AL	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: -3.08% Traditional cash on cash: 9.44% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -3.08% Traditional ROI: 9.44%
6.75 Acres Brown Ave RAINBOW CITY, AL 6.75 Acres Brown Ave, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$399,900	Airbnb cash on cash: -1.68% Traditional cash on cash: 0.42% Airbnb Rental Income: $219 Traditional Rental Income: $779 Airbnb ROI: -1.68% Traditional ROI: 0.42%
001 Steele Station Rd RAINBOW CITY, AL 001 Steele Station Rd, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: -2.25% Traditional cash on cash: 4% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -2.25% Traditional ROI: 4%
0.73 Acres Lister Ferry Rd RAINBOW CITY, AL 0.73 Acres Lister Ferry Rd, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$118,900	Airbnb cash on cash: -2.29% Traditional cash on cash: 4.27% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -2.29% Traditional ROI: 4.27%
3.42 Acres Lister Ferry Rd RAINBOW CITY, AL 3.42 Acres Lister Ferry Rd, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: -2.49% Traditional cash on cash: 5.64% Airbnb Rental Income: $219 Traditional Rental Income: $746 Airbnb ROI: -2.49% Traditional ROI: 5.64%
847 Rainbow Hvn RAINBOW CITY, AL Experience turnkey waterfront living in this brand-new 3-bedroom, 2.5-bath custom home on ...	3 beds \| 2 baths \| 2,200 sq.ft.	$565,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.47% Airbnb Rental Income: $830 Traditional Rental Income: $2667 Airbnb ROI: -0.63% Traditional ROI: 3.47%
0.62 Riddles Bend Rd RAINBOW CITY, AL 0.62 Riddles Bend Rd, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: -2.77% Traditional cash on cash: 7.83% Airbnb Rental Income: $219 Traditional Rental Income: $779 Airbnb ROI: -2.77% Traditional ROI: 7.83%
108 South Hawk Dr RAINBOW CITY, AL New Flooring!! LOCATION LOCATION! Come see this 3 or 4 Bedroom home in the heart of Rainbo...	3 beds \| 2 baths \| 2,222 sq.ft.	$269,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 7.59% Airbnb Rental Income: $830 Traditional Rental Income: $2383 Airbnb ROI: 0.2% Traditional ROI: 7.59%
1252 Canoe Creek Rd RAINBOW CITY, AL Quiet, Serene, Tucked into beautiful hardwoods, but only minutes from the business area. E...	5 beds \| 3 baths \| 3,374 sq.ft.	$839,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $3454 Airbnb ROI: N/A Traditional ROI: 2.89%
6008 Lister Ferry Rd RAINBOW CITY, AL Great price for waterfront property! Main Channel. Enjoy wonderful views of the Coosa Rive...	2 beds \| 2 baths \| 1,600 sq.ft.	$369,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 5% Airbnb Rental Income: $1407 Traditional Rental Income: $2241 Airbnb ROI: 1.38% Traditional ROI: 5%
398 Peteet St RAINBOW CITY, AL LARGE LOT IN RAINBOW CITY (4.5 ACRES) DETACHED BUILDING WITH A GARAGE SPACE AND WORKSHOP O...	3 beds \| 2 baths \| 2,247 sq.ft.	$359,500	Airbnb cash on cash: -0.04% Traditional cash on cash: 6.01% Airbnb Rental Income: $830 Traditional Rental Income: $2543 Airbnb ROI: -0.04% Traditional ROI: 6.01%
155 Lakeshore Dr RAINBOW CITY, AL 155 Lakeshore Dr, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: -3.11% Traditional cash on cash: 11.31% Airbnb Rental Income: $219 Traditional Rental Income: $848 Airbnb ROI: -3.11% Traditional ROI: 11.31%
326 Autumnwood Dr RAINBOW CITY, AL Garden home-1 level Rainbow City! This home in Montrose Gardens has 3 bedrooms, 2 full bat...	3 beds \| 2 baths \| 1,407 sq.ft.	$205,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 7.67% Airbnb Rental Income: $830 Traditional Rental Income: $1859 Airbnb ROI: 0.69% Traditional ROI: 7.67%
326 Mountain Lake Cir RAINBOW CITY, AL Comfort, space, and Southern charm come together beautifully in this inviting home. Conven...	3 beds \| 2 baths \| 2,720 sq.ft.	$329,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 7.22% Airbnb Rental Income: $830 Traditional Rental Income: $2770 Airbnb ROI: -0.09% Traditional ROI: 7.22%
1505 Pleasant Valley Rd RAINBOW CITY, AL Country farmhouse meets Rainbow City! Beautiful whitewashed wood siding gives this home th...	3 beds \| 2 baths \| 2,200 sq.ft.	$299,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 6.88% Airbnb Rental Income: $830 Traditional Rental Income: $2391 Airbnb ROI: 0.19% Traditional ROI: 6.88%
3651 Black Rd RAINBOW CITY, AL 3651 Black Rd, RAINBOW CITY, AL 35906 \| Single Family Residential	6 beds \| 3 baths \| 2,630 sq.ft.	$267,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.18% Airbnb Rental Income: $null Traditional Rental Income: $3018 Airbnb ROI: N/A Traditional ROI: 10.18%
981 Charada Lake Rd Lot 4 -981 RAINBOW CITY, AL 981 Charada Lake Rd Lot 4 -981, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$395,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 0.66% Airbnb Rental Income: $219 Traditional Rental Income: $860 Airbnb ROI: -1.68% Traditional ROI: 0.66%
5261 Gilmer Ln RAINBOW CITY, AL RAINBOW CITY - Nestled in the quiet Canoe Creek area this 2BD 2BA home is convenient to to...	2 beds \| 2 baths \| 2,057 sq.ft.	$254,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 8.89% Airbnb Rental Income: $1407 Traditional Rental Income: $2481 Airbnb ROI: 2.67% Traditional ROI: 8.89%
101 Chelsea Ln RAINBOW CITY, AL Westbrook Area! Great home in a great neighborhood! Nice 4 side brick newer home! Was buil...	4 beds \| 2 baths \| 2,648 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 4.5%
Lot 6 Rainbow Dr RAINBOW CITY, AL Lot 6 Rainbow Dr, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$162,500	Airbnb cash on cash: -2.06% Traditional cash on cash: 3.62% Airbnb Rental Income: $219 Traditional Rental Income: $874 Airbnb ROI: -2.06% Traditional ROI: 3.62%

Real Estate investment in Rainbow-city, AL

There are 62 properties for sale in the city of Rainbow City . The median list price in Rainbow City is $299,721 and the average price per square foot is $11. In August 2026, the average monthly cash on cash return in Rainbow City is 6.00%. The average monthly rental income in Rainbow City is $2,034.

Rainbow-city, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 62 investment properties available for sale in Rainbow-city.

In 2026, the best neighborhood to buy investment property is RAINBOW CITY.

The ROI for Long-Term is higher than the Short-Term in Rainbow-city with average rental income of $2,034.

Your search for investment property begins and ends here

Investment Property for Sale in Rainbow City, AL

133 Whisperwood Tl

RAINBOW CITY, AL

3 beds | 3 baths | 2,250 sq.ft.

$384,900

Airbnb cash on cash: -0.29%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $830

Traditional Rental Income: $2508

Airbnb ROI: -0.29%

Traditional ROI: 5.27%

132 Pineview St

RAINBOW CITY, AL

4 beds | 2 baths | 1,492 sq.ft.

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1852

Airbnb ROI: N/A

Traditional ROI: 11.06%

106 Staci Ln

RAINBOW CITY, AL

3 beds | 2 baths | 1,866 sq.ft.

$259,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $830

Traditional Rental Income: $1942

Airbnb ROI: 0.27%

Traditional ROI: 6.15%

203 Laurel Wood Dr

RAINBOW CITY, AL

3 beds | N/A baths | 2,338 sq.ft.

$415,200

Airbnb cash on cash: -0.36%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $830

Traditional Rental Income: $2150

Airbnb ROI: -0.36%

Traditional ROI: 3.88%

114 Royal Troon Dr

RAINBOW CITY, AL

5 beds | 2 baths | 2,608 sq.ft.

$344,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.57%

Airbnb Rental Income: $null

Traditional Rental Income: $3003

Airbnb ROI: N/A

Traditional ROI: 7.57%

106 Yorkshire Pl

RAINBOW CITY, AL

3 beds | 2 baths | 2,275 sq.ft.

$349,900

Airbnb cash on cash: -0.25%

Traditional cash on cash: 6.4%

Airbnb Rental Income: $830

Traditional Rental Income: $2688

Airbnb ROI: -0.25%

Traditional ROI: 6.4%

100 Norwood Dr

RAINBOW CITY, AL

5 beds | 4 baths | 4,188 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.51%

Airbnb Rental Income: $null

Traditional Rental Income: $3755

Airbnb ROI: N/A

Traditional ROI: 6.51%

239 Riddles Bend Rd

RAINBOW CITY, AL

3 beds | 2 baths | 1,450 sq.ft.

$389,900

Airbnb cash on cash: -0.33%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $830

Traditional Rental Income: $2486

Airbnb ROI: -0.33%