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
1429 Fairway Dr ROANOKE, AL WOW ~ REDUCED!! A lil' Sass & Country CLASS is what you'll find when you step inside this ...	4 beds \| 3 baths \| 2,723 sq.ft.	$399,900	Airbnb cash on cash: 5.45% Traditional cash on cash: 5.43% Airbnb Rental Income: $3324 Traditional Rental Income: $2574 Airbnb ROI: 5.45% Traditional ROI: 5.43%
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.	$325,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 4.62% Airbnb Rental Income: $2836 Traditional Rental Income: $1896 Airbnb ROI: 5.53% Traditional ROI: 4.62%
1533 Main St 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: 4.74% Traditional cash on cash: 8% Airbnb Rental Income: $1363 Traditional Rental Income: $1412 Airbnb ROI: 4.74% Traditional ROI: 8%
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%
470 Gilham Rd ROANOKE, AL If your dream is to own a place where country living, farming, and hunting come together, ...	3 beds \| 2 baths \| 2,604 sq.ft.	$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 Dr ROANOKE, AL Upgraded New Construction with Shop Setup! This beautifully crafted new construction home ...	3 beds \| 2 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%
2488 Louina Rd ROANOKE, AL 2488 Louina Rd, ROANOKE, AL 36274 \| Manufactured Home	3 beds \| 2 baths \| 2,000 sq.ft.	$489,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 1.79% Airbnb Rental Income: $2836 Traditional Rental Income: $1557 Airbnb ROI: 3.14% Traditional ROI: 1.79%
32 +/- Acres County Road 637 #32 Ac ROANOKE, AL 32 +/- Acres County Road 637 #1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 1.64%
Tract 4 County Road 268 #4 ROANOKE, AL Tract 4 County Road 268 #4, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 4.18%
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	$84,450	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 4.21%
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 Ave 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.	$239,900	Airbnb cash on cash: 7.77% Traditional cash on cash: 5.66% Airbnb Rental Income: $2836 Traditional Rental Income: $1697 Airbnb ROI: 7.77% Traditional ROI: 5.66%
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 \| 2 baths \| 2,757 sq.ft.	$500,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 4.23% Airbnb Rental Income: $2836 Traditional Rental Income: $2990 Airbnb ROI: 2.64% Traditional ROI: 4.23%
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%
0 W County Road 655 Lot 1 ROANOKE, AL 0 W County Road 655 Lot 1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$43,010	Airbnb cash on cash: N/A Traditional cash on cash: 11.31% Airbnb Rental Income: $null Traditional Rental Income: $660 Airbnb ROI: N/A Traditional ROI: 11.31%
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%
464 County Road 125 ROANOKE, AL Nestled within 19.514 private acres, 464 County Road 125 in Roanoke offers the rare kind o...	3 beds \| 3 baths \| 2,190 sq.ft.	$535,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 1.96% Airbnb Rental Income: $2836 Traditional Rental Income: $1853 Airbnb ROI: 2.61% Traditional ROI: 1.96%
230 Lafayette Street ROANOKE, AL Step into the character and craftmanship of a bygone era! This beautifully maintained 3-be...	3 beds \| 2 baths \| 2,180 sq.ft.	$199,900	Airbnb cash on cash: 9.84% Traditional cash on cash: 10.02% Airbnb Rental Income: $2836 Traditional Rental Income: $2208 Airbnb ROI: 9.84% Traditional ROI: 10.02%
12785 County Road 65 ROANOKE, AL Back on the market at NO Fault of the seller. Forget the stress of maintenance. This home ...	2 beds \| 1 baths \| 900 sq.ft.	$179,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 7.89% Airbnb Rental Income: $1363 Traditional Rental Income: $1685 Airbnb ROI: 3.58% Traditional ROI: 7.89%
722 Williams St ROANOKE, AL 722 Williams St, ROANOKE, AL 36278 \| Single Family Residential	2 beds \| 1 baths \| 900 sq.ft.	$159,900	Airbnb cash on cash: 4.17% Traditional cash on cash: 7.53% Airbnb Rental Income: $1363 Traditional Rental Income: $1459 Airbnb ROI: 4.17% Traditional ROI: 7.53%

Real Estate investment in Roanoke, AL

There are 36 properties for sale in the city of Roanoke . The median list price in Roanoke is $314,975 and the average price per square foot is $139. In April 2026, the average monthly cash on cash return in Roanoke is 8.00%. The average monthly rental income in Roanoke is $720.

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

There are 36 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 $720.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, AL

1429 Fairway Dr

ROANOKE, AL

4 beds | 3 baths | 2,723 sq.ft.

$399,900

Airbnb cash on cash: 5.45%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $3324

Traditional Rental Income: $2574

Airbnb ROI: 5.45%

Traditional ROI: 5.43%

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.

$325,000

Airbnb cash on cash: 5.53%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $2836

Traditional Rental Income: $1896

Airbnb ROI: 5.53%

Traditional ROI: 4.62%

1533 Main St

ROANOKE, AL

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

$136,000

Airbnb cash on cash: 4.74%

Traditional cash on cash: 8%

Airbnb Rental Income: $1363

Traditional Rental Income: $1412

Airbnb ROI: 4.74%

Traditional ROI: 8%

4653 County Road 87

ROANOKE, AL

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%

470 Gilham Rd

ROANOKE, AL

3 beds | 2 baths | 2,604 sq.ft.

$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 Dr

ROANOKE, AL

3 beds | 2 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%