Real Estate Investment Properties for Sale in Roanoke, AL

Looking for investment property in Roanoke, AL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3156 Louina Rd ROANOKE, AL Beautiful crafted authentic log cabin that offers 4 bedrooms and 3 bathrooms with an open ...	4 beds \| 3 baths \| 2,120 sq.ft.	$299,900	Airbnb cash on cash: 7.4% Traditional cash on cash: 4.72% Airbnb Rental Income: $3324 Traditional Rental Income: $1823 Airbnb ROI: 7.4% Traditional ROI: 4.72%
1457 Dogwood Cir ROANOKE, AL OUTSTANDING VALUE AT ONLY $32.41 PER SQUARE FOOT! This 4 bedroom, 3 bathroom home is locat...	5 beds \| 3 baths \| 5,000 sq.ft.	$399,000	Airbnb cash on cash: 9.67% Traditional cash on cash: 4.79% Airbnb Rental Income: $5232 Traditional Rental Income: $2345 Airbnb ROI: 9.67% Traditional ROI: 4.79%
570 County Road 79 ROANOKE, AL Like the Barndominium Style Home ? This one is for YOU ! Beautifully thought out design. O...	3 beds \| 2 baths \| 1,918 sq.ft.	$319,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 4.71% Airbnb Rental Income: $2836 Traditional Rental Income: $1896 Airbnb ROI: 5.64% Traditional ROI: 4.71%
1533 MAIN Street ROANOKE, AL NEW PRICE!!!!Character awaits in this 1900's unique home located in within minutes of down...	2 beds \| 2 baths \| 1,464 sq.ft.	$136,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 8.83% Airbnb Rental Income: $1363 Traditional Rental Income: $1412 Airbnb ROI: 5.27% Traditional ROI: 8.83%
470 GILHAM ROAD ROANOKE, AL If your dream is to own a place where country living, farming, and hunting come together, ...	3 beds \| 2 baths \| N/A	$2,750,000	Airbnb cash on cash: -0.59% Traditional cash on cash: -0.68% Airbnb Rental Income: $2836 Traditional Rental Income: $1932 Airbnb ROI: -0.59% Traditional ROI: -0.68%
496 Mary Drive ROANOKE, AL Upgraded New Construction with Shop Setup! This beautifully crafted new construction home ...	3 beds \| 3 baths \| 2,335 sq.ft.	$465,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 3.7% Airbnb Rental Income: $2836 Traditional Rental Income: $2162 Airbnb ROI: 3.73% Traditional ROI: 3.7%
1466 County Rd 59 ROANOKE, AL 1466 County Rd 59, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 2 baths \| 3,472 sq.ft.	$1,200,000	Airbnb cash on cash: 0.82% Traditional cash on cash: -0.01% Airbnb Rental Income: $3324 Traditional Rental Income: $1650 Airbnb ROI: 0.82% Traditional ROI: -0.01%
1335 N Main St ROANOKE, AL 1335 N Main St, ROANOKE, AL 36274 \| Single Family Residential	5 beds \| 4 baths \| 3,950 sq.ft.	$799,500	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.44% Airbnb Rental Income: $5232 Traditional Rental Income: $3702 Airbnb ROI: 4.07% Traditional ROI: 3.44%
Tract 8 County Road 268 #8 ROANOKE, AL Tract 8 County Road 268 #8, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$47,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 8.17%
Tract 3 County Road 268 #3 ROANOKE, AL Tract 3 County Road 268 #3, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$84,320	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 4.22%
Tract 7 County Road 268 #7 ROANOKE, AL Tract 7 County Road 268 #7, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$47,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 8.17%
63445 Highway 22 #70 Ac ROANOKE, AL 63445 Highway 22 #70 Ac, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$527,250	Airbnb cash on cash: N/A Traditional cash on cash: -0.52% Airbnb Rental Income: $null Traditional Rental Income: $529 Airbnb ROI: N/A Traditional ROI: -0.52%
Tract 2 County Road 268 #2 ROANOKE, AL Tract 2 County Road 268 #2, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$47,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 8.17%
0 County Road 59 #0 ROANOKE, AL 0 County Road 59 #0, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$1,075,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.97% Airbnb Rental Income: $null Traditional Rental Income: $529 Airbnb ROI: N/A Traditional ROI: -0.97%
208 Bartlett Avenue ROANOKE, AL Like-New, Fully Remodeled Home with Lake Views! This completely remodeled 3 bedroom, 2 bat...	3 beds \| 2 baths \| 1,248 sq.ft.	$229,900	Airbnb cash on cash: 8.16% Traditional cash on cash: 5.96% Airbnb Rental Income: $2836 Traditional Rental Income: $1697 Airbnb ROI: 8.16% Traditional ROI: 5.96%
0 Highway 431 #1 ROANOKE, AL 0 Highway 431 #1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$79,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $529 Airbnb ROI: N/A Traditional ROI: 4.18%
1661 County Road 637 #8 Ac ROANOKE, AL 1661 County Road 637 #1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.6% Airbnb Rental Income: $null Traditional Rental Income: $594 Airbnb ROI: N/A Traditional ROI: 10.6%
1160 AL Highway 77 ROANOKE, AL 1160 AL Highway 77, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.73% Airbnb Rental Income: $null Traditional Rental Income: $598 Airbnb ROI: N/A Traditional ROI: -0.73%
6.27 Acres Lamar St #Parcel 1 ROANOKE, AL 6.27 Acres Lamar St #Parcel 1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.89% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 8.89%
3.02+/- Acres Highway 431 #Parcel 3 ROANOKE, AL 3.02+/- Acres Highway 431 #Parcel 3, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 2.79%
3.02 +/- Acres Highway 431 #Parcel 2 ROANOKE, AL 3.02 +/- Acres Highway 431 #Parcel 2, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 2.79%
1789 County Road 16 ROANOKE, AL Beautiful 10 acre property in one of the most desirable areas of Randolph County! This pri...	3 beds \| 3 baths \| 2,757 sq.ft.	$450,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 5.47% Airbnb Rental Income: $2836 Traditional Rental Income: $2990 Airbnb ROI: 3.53% Traditional ROI: 5.47%
418 Whippoorwill Dr ROANOKE, AL 418 Whippoorwill Dr, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 3 baths \| 2,760 sq.ft.	$365,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 5.21% Airbnb Rental Income: $3324 Traditional Rental Income: $2360 Airbnb ROI: 5.85% Traditional ROI: 5.21%
117 County Road 706 ROANOKE, AL 117 County Road 706, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 1 baths \| 2,270 sq.ft.	$249,900	Airbnb cash on cash: 9.13% Traditional cash on cash: 3.87% Airbnb Rental Income: $3324 Traditional Rental Income: $1340 Airbnb ROI: 9.13% Traditional ROI: 3.87%
5.21acres County Road 61 #5.21 acres ROANOKE, AL 5.21acres County Road 61 #5.21 acres, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$69,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $660 Airbnb ROI: N/A Traditional ROI: 6.84%
2746 County Road 67 ROANOKE, AL Tucked away in a peaceful country setting, this beautifully updated 3-bedroom, 2-bath home...	3 beds \| 2 baths \| 1,417 sq.ft.	$320,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 3.66% Airbnb Rental Income: $2836 Traditional Rental Income: $1535 Airbnb ROI: 5.78% Traditional ROI: 3.66%
Satterwhite St #11.75+- acres ROANOKE, AL Satterwhite St #11.75+- acres, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $629 Airbnb ROI: N/A Traditional ROI: 3.03%
0 Satterwhite St ROANOKE, AL 0 Satterwhite St, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $629 Airbnb ROI: N/A Traditional ROI: 3.03%
1533 Main ROANOKE, AL Character awaits in this 1900's unique home located in within minutes of downtown Roanoke....	2 beds \| 2 baths \| 1,464 sq.ft.	$136,000	Airbnb cash on cash: 4.88% Traditional cash on cash: 11.15% Airbnb Rental Income: $1363 Traditional Rental Income: $1766 Airbnb ROI: 4.88% Traditional ROI: 11.15%
14768 COUNTY ROAD 65 ROANOKE, AL Nestled in the heart of Big Springs, Alabama a family-owned home sits on 1.47 acres. Strol...	3 beds \| 2 baths \| N/A	$264,999	Airbnb cash on cash: 6.91% Traditional cash on cash: 4.86% Airbnb Rental Income: $2836 Traditional Rental Income: $1661 Airbnb ROI: 6.91% Traditional ROI: 4.86%
263 County Road 18 ROANOKE, AL 263 County Road 18, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$395,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 2.26% Airbnb Rental Income: $2836 Traditional Rental Income: $1452 Airbnb ROI: 4.21% Traditional ROI: 2.26%
715 Rock Mills Rd ROANOKE, AL 715 Rock Mills Rd, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,926 sq.ft.	$279,900	Airbnb cash on cash: 6.48% Traditional cash on cash: 4.48% Airbnb Rental Income: $2836 Traditional Rental Income: $1648 Airbnb ROI: 6.48% Traditional ROI: 4.48%
0 County Road 87 #3 ROANOKE, AL 0 County Road 87 #3, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: 3.24%
0 County Road 87 #2 ROANOKE, AL 0 County Road 87 #2, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: 3.24%
1123 County Road 865 ROANOKE, AL 1123 County Road 865, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,800 sq.ft.	$372,500	Airbnb cash on cash: 4.55% Traditional cash on cash: 3.57% Airbnb Rental Income: $2836 Traditional Rental Income: $1833 Airbnb ROI: 4.55% Traditional ROI: 3.57%
4264 COUNTY ROAD 61 ROANOKE, AL 4264 County Road 61 â A Private Retreat on 13Â± Acres Tucked away in a beautiful private...	5 beds \| 4 baths \| N/A	$675,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 4.06% Airbnb Rental Income: $5232 Traditional Rental Income: $3533 Airbnb ROI: 5.07% Traditional ROI: 4.06%
4653 County Road 87 ROANOKE, AL Well-maintained 3-bedroom, 1.5-bath farmhouse offering charm, functionality, and room to g...	2 beds \| 1 baths \| 1,320 sq.ft.	$199,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 5% Airbnb Rental Income: $1363 Traditional Rental Income: $1249 Airbnb ROI: 3.41% Traditional ROI: 5%

Real Estate investment in Roanoke, AL

There are 39 properties for sale in the city of Roanoke . The median list price in Roanoke is $309,475 and the average price per square foot is $138. In June 2026, the average monthly cash on cash return in Roanoke is 8.00%. The average monthly rental income in Roanoke is $690.

Roanoke, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 39 investment properties available for sale in Roanoke.

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

The ROI for Long-Term is higher than the Short-Term in Roanoke with average rental income of $690.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, AL

3156 Louina Rd

ROANOKE, AL

4 beds | 3 baths | 2,120 sq.ft.

$299,900

Airbnb cash on cash: 7.4%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $3324

Traditional Rental Income: $1823

Airbnb ROI: 7.4%

Traditional ROI: 4.72%

1457 Dogwood Cir

ROANOKE, AL

5 beds | 3 baths | 5,000 sq.ft.

$399,000

Airbnb cash on cash: 9.67%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $5232

Traditional Rental Income: $2345

Airbnb ROI: 9.67%

Traditional ROI: 4.79%

570 County Road 79

ROANOKE, AL

3 beds | 2 baths | 1,918 sq.ft.

$319,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $2836

Traditional Rental Income: $1896

Airbnb ROI: 5.64%

Traditional ROI: 4.71%

1533 MAIN Street

ROANOKE, AL

2 beds | 2 baths | 1,464 sq.ft.

$136,000

Airbnb cash on cash: 5.27%

Traditional cash on cash: 8.83%

Airbnb Rental Income: $1363

Traditional Rental Income: $1412

Airbnb ROI: 5.27%

Traditional ROI: 8.83%

470 GILHAM ROAD

ROANOKE, AL

3 beds | 2 baths | N/A

$2,750,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: -0.68%

Airbnb Rental Income: $2836

Traditional Rental Income: $1932

Airbnb ROI: -0.59%

Traditional ROI: -0.68%

496 Mary Drive

ROANOKE, AL

3 beds | 3 baths | 2,335 sq.ft.

$465,000

Airbnb cash on cash: 3.73%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $2836

Traditional Rental Income: $2162

Airbnb ROI: 3.73%

Traditional ROI: 3.7%

1466 County Rd 59

ROANOKE, AL

4 beds | 2 baths | 3,472 sq.ft.

$1,200,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: -0.01%

Airbnb Rental Income: $3324

Traditional Rental Income: $1650

Airbnb ROI: 0.82%

Traditional ROI: -0.01%

1335 N Main St

ROANOKE, AL

5 beds | 4 baths | 3,950 sq.ft.

$799,500

Airbnb cash on cash: 4.07%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $5232

Traditional Rental Income: $3702

Airbnb ROI: 4.07%