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.

Single Family Homes for Sale in Rainbow City, AL

Search for Single Family Residential for Sale in Rainbow City, Alabama. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 38 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.4% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 10.4%
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.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $3003 Airbnb ROI: N/A Traditional ROI: 7.44%
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.	$584,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $3755 Airbnb ROI: N/A Traditional ROI: 5.43%
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.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $3470 Airbnb ROI: N/A Traditional ROI: 4.83%
514 Diversey St RAINBOW CITY, AL This inviting Rainbow City home is tucked away on a quiet dead-end street in the Grand Par...	3 beds \| 2 baths \| 1,396 sq.ft.	$225,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 7.8% Airbnb Rental Income: $533 Traditional Rental Income: $2103 Airbnb ROI: -0.88% Traditional ROI: 7.8%
5351 Lister Ferry Rd RAINBOW CITY, AL RAINBOW CITY \|WATERFRONT \| BIG WATER \| FLEX SPACE- Beautifully renovated 4BDRM/3BTH family...	4 beds \| 3 baths \| 3,098 sq.ft.	$674,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $3424 Airbnb ROI: N/A Traditional ROI: 4.08%
538 Josh St RAINBOW CITY, AL This beautiful home in the highly desirable area of Rainbow City is situated on 0.66 acres...	3 beds \| 2 baths \| 2,016 sq.ft.	$244,999	Airbnb cash on cash: -0.51% Traditional cash on cash: 9.25% Airbnb Rental Income: $533 Traditional Rental Income: $2514 Airbnb ROI: -0.51% Traditional ROI: 9.25%
1980 Riddles Bend Rd RAINBOW CITY, AL Looking for space to spread out? This full brick 2104 sq ft +/- 3-bedroom, 2 full bath hom...	3 beds \| 2 baths \| 2,194 sq.ft.	$259,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 8.13% Airbnb Rental Income: $533 Traditional Rental Income: $2434 Airbnb ROI: -0.75% Traditional ROI: 8.13%
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.	$814,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $4996 Airbnb ROI: N/A Traditional ROI: 5.05%
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.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.73% Airbnb Rental Income: $null Traditional Rental Income: $2712 Airbnb ROI: N/A Traditional ROI: 8.73%
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 \| 2,796 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%
351 CANOE CREEK ROAD RAINBOW CITY, AL Please confirm all items of importance. Septic Installed 2022	4 beds \| 3 baths \| N/A	$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%
104 Ivanhoe Ln RAINBOW CITY, AL 104 Ivanhoe Ln, RAINBOW CITY, AL 35906 \| Single Family Residential	4 beds \| 2 baths \| 2,392 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $2174 Airbnb ROI: N/A Traditional ROI: 6.21%
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: -0.54% Traditional cash on cash: 6.3% Airbnb Rental Income: $533 Traditional Rental Income: $1522 Airbnb ROI: -0.54% 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%
109 Red Barn Rd RAINBOW CITY, AL RAINBOW CITY \| COVERED BRIDGE \| 2 LOTS \| CUL DE SAC \| ONE OWNER Beautiful & Classic all br...	3 beds \| 2 baths \| 2,911 sq.ft.	$349,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 6.49% Airbnb Rental Income: $533 Traditional Rental Income: $2697 Airbnb ROI: -0.94% Traditional ROI: 6.49%
847 Rainbow Hvn RAINBOW CITY, AL Under Construction-Proposed new construction on the shores of Lake Neely Henry, this 3-bed...	3 beds \| 2 baths \| 2,200 sq.ft.	$639,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 2.9% Airbnb Rental Income: $533 Traditional Rental Income: $2667 Airbnb ROI: -1.14% Traditional ROI: 2.9%
108 South Hawk Dr RAINBOW CITY, AL LOCATION LOCATION! Come see this 3 or 4 Bedroom home in the heart of Rainbow City! HUGE lo...	3 beds \| 2 baths \| 2,222 sq.ft.	$278,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 7.3% Airbnb Rental Income: $533 Traditional Rental Income: $2383 Airbnb ROI: -0.79% Traditional ROI: 7.3%
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%
343 Hill St RAINBOW CITY, AL THIS ONE HAS IT ALL! ACREAGE! RAINBOW CITY! Main house boasts 2 bedrooms on the main level...	5 beds \| 3 baths \| 4,826 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $3205 Airbnb ROI: N/A Traditional ROI: 2.31%
141 Swindall Circle RAINBOW CITY, AL BACK ON THE MARKET. FINANCING FELL THROUGH!! NOWS YOUR CHANCE!! Welcome Home to this charm...	4 beds \| 2 baths \| 1,665 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $2238 Airbnb ROI: N/A Traditional ROI: 6.86%
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.	$389,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.7% Airbnb Rental Income: $845 Traditional Rental Income: $2241 Airbnb ROI: -0.02% Traditional ROI: 4.7%
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.	$379,500	Airbnb cash on cash: -0.78% Traditional cash on cash: 5.64% Airbnb Rental Income: $533 Traditional Rental Income: $2543 Airbnb ROI: -0.78% Traditional ROI: 5.64%
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.	$215,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 7.26% Airbnb Rental Income: $533 Traditional Rental Income: $1859 Airbnb ROI: -0.61% Traditional ROI: 7.26%
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: -0.89% Traditional cash on cash: 7.22% Airbnb Rental Income: $533 Traditional Rental Income: $2770 Airbnb ROI: -0.89% Traditional ROI: 7.22%
520 Diversey St RAINBOW CITY, AL Rainbow City! Come see this Brick home sitting on a 1.4acre lot on a dead end street. This...	3 beds \| 2 baths \| 2,218 sq.ft.	$269,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 6.64% Airbnb Rental Income: $533 Traditional Rental Income: $2217 Airbnb ROI: -0.8% Traditional ROI: 6.64%
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.	$329,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.17% Airbnb Rental Income: $533 Traditional Rental Income: $2391 Airbnb ROI: -0.72% Traditional ROI: 6.17%
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%
5261 Gilmer Ln RAINBOW CITY, AL Coming Soon-This 2 bedroom 2 bath home as an open floor plan and inviting layout. The spac...	2 beds \| 2 baths \| 2,064 sq.ft.	$313,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 7.08% Airbnb Rental Income: $845 Traditional Rental Income: $2481 Airbnb ROI: 0.41% Traditional ROI: 7.08%
7615 Steele Sta RAINBOW CITY, AL 7615 Steele Sta, RAINBOW CITY, AL 35906 \| Single Family Residential	4 beds \| 3 baths \| 3,584 sq.ft.	$1,195,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.99% Airbnb Rental Income: $null Traditional Rental Income: $2758 Airbnb ROI: N/A Traditional ROI: 0.99%
297 Peteet Street RAINBOW CITY, AL Beautifully remodeled 3 bedroom, 2 bath brick home located in a great area convenient to e...	3 beds \| 2 baths \| 1,963 sq.ft.	$289,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 6.96% Airbnb Rental Income: $533 Traditional Rental Income: $2378 Airbnb ROI: -0.82% Traditional ROI: 6.96%
6621 Lister Ferry Rd RAINBOW CITY, AL RAINBOW CITY \| WATERFRONT \| BIG WATER. This 4 BR, 3 BA home is perfectly positioned on the...	4 beds \| 3 baths \| 2,305 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3330 Airbnb ROI: N/A Traditional ROI: 3.59%
300 Cherokee Trl RAINBOW CITY, AL Built in 2020, this beautifully maintained one-level home sits on a rare level 5-acre wate...	3 beds \| 2 baths \| 1,600 sq.ft.	$625,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.46% Airbnb Rental Income: $533 Traditional Rental Income: $2347 Airbnb ROI: -1.13% Traditional ROI: 2.46%
101 Chelsea Ln RAINBOW CITY, AL 101 Chelsea Ln, RAINBOW CITY, AL 35906 \| Single Family Residential	4 beds \| 2 baths \| 2,648 sq.ft.	$444,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 3.91%
531 Becky Allen Cir RAINBOW CITY, AL Rainbow City! This 3 bedroom, 1 and 1/2 bath home is completely renovated and move-in read...	3 beds \| 1 baths \| 1,270 sq.ft.	$199,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 7.89% Airbnb Rental Income: $533 Traditional Rental Income: $1891 Airbnb ROI: -0.73% Traditional ROI: 7.89%
120 S Lake Dr RAINBOW CITY, AL RAINBOW CITY \| FLEX SPACE/HOME OFFICE \| Wonderful 3BDRM/2BTH family home privately nestled...	3 beds \| 2 baths \| 1,725 sq.ft.	$209,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 9.62% Airbnb Rental Income: $533 Traditional Rental Income: $2257 Airbnb ROI: -0.44% Traditional ROI: 9.62%

Your search for investment property begins and ends here

Single Family Homes for Sale in Rainbow City, AL

132 Pineview St

RAINBOW CITY, AL

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

$159,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1852

Airbnb ROI: N/A

Traditional ROI: 10.4%

114 Royal Troon Dr

RAINBOW CITY, AL

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

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.44%

Airbnb Rental Income: $null

Traditional Rental Income: $3003

Airbnb ROI: N/A

Traditional ROI: 7.44%

100 Norwood Dr

RAINBOW CITY, AL

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

$584,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.43%

Airbnb Rental Income: $null

Traditional Rental Income: $3755

Airbnb ROI: N/A

Traditional ROI: 5.43%

207 Hummingbird Way

RAINBOW CITY, AL

5 beds | 4 baths | 4,822 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.83%

Airbnb Rental Income: $null

Traditional Rental Income: $3470

Airbnb ROI: N/A

Traditional ROI: 4.83%

514 Diversey St

RAINBOW CITY, AL

3 beds | 2 baths | 1,396 sq.ft.

$225,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $533

Traditional Rental Income: $2103

Airbnb ROI: -0.88%

Traditional ROI: 7.8%

5351 Lister Ferry Rd

RAINBOW CITY, AL

4 beds | 3 baths | 3,098 sq.ft.

$674,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.08%

Airbnb Rental Income: $null

Traditional Rental Income: $3424

Airbnb ROI: N/A

Traditional ROI: 4.08%

538 Josh St

RAINBOW CITY, AL

3 beds | 2 baths | 2,016 sq.ft.

$244,999

Airbnb cash on cash: -0.51%

Traditional cash on cash: 9.25%

Airbnb Rental Income: $533

Traditional Rental Income: $2514

Airbnb ROI: -0.51%

Traditional ROI: 9.25%

1980 Riddles Bend Rd

RAINBOW CITY, AL

3 beds | 2 baths | 2,194 sq.ft.

$259,900

Airbnb cash on cash: -0.75%

Traditional cash on cash: 8.13%

Airbnb Rental Income: $533

Traditional Rental Income: $2434

Airbnb ROI: -0.75%