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
0 Ga Highway 34 ROANOKE, AL 0 Ga Highway 34, ROANOKE, AL 30217 \| Other	N/A beds \| N/A baths \| N/A	$82,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.32% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 6.32%
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: 2.8% Airbnb Rental Income: $3324 Traditional Rental Income: $1280 Airbnb ROI: 7.4% Traditional ROI: 2.8%
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: N/A Airbnb Rental Income: $5232 Traditional Rental Income: $0 Airbnb ROI: 9.67% Traditional ROI: N/A
570 County Road 79 ROANOKE, AL Who is looking for a Hobby Farm ? Chickens, Goats, Garden ... This is the perfect set up, ...	3 beds \| 2 baths \| 1,918 sq.ft.	$339,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 4.39% Airbnb Rental Income: $2836 Traditional Rental Income: $1896 Airbnb ROI: 5.27% Traditional ROI: 4.39%
524 Louina Street ROANOKE, AL Welcome to this 3-bedroom, 2.5-bath home situated on just over half an acre, offering both...	3 beds \| 2 baths \| 1,920 sq.ft.	$279,900	Airbnb cash on cash: 6.36% Traditional cash on cash: 5.65% Airbnb Rental Income: $2836 Traditional Rental Income: $1987 Airbnb ROI: 6.36% Traditional ROI: 5.65%
1211 Main Street ROANOKE, AL Charming Tudor with Classic Craftsmanship in the Heart of Roanoke. Step inside this stunni...	3 beds \| 2 baths \| 2,697 sq.ft.	$349,900	Airbnb cash on cash: 5.15% Traditional cash on cash: 7.92% Airbnb Rental Income: $2836 Traditional Rental Income: $3084 Airbnb ROI: 5.15% Traditional ROI: 7.92%
56009 Alabama 22 ROANOKE, AL 8.59 Acres with Multiple Structures - Tons of Potential! This 8.59 -acre property is fully...	2 beds \| 1 baths \| N/A	$94,900	Airbnb cash on cash: 7.68% Traditional cash on cash: 8.09% Airbnb Rental Income: $1363 Traditional Rental Income: $985 Airbnb ROI: 7.68% Traditional ROI: 8.09%
496 Mary Drive ROANOKE, AL Upgraded New Construction with Shop Setup! This beautifully crafted new construction home ...	3 beds \| 2 baths \| 2,335 sq.ft.	$525,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 3.17% Airbnb Rental Income: $2836 Traditional Rental Income: $2162 Airbnb ROI: 3.19% Traditional ROI: 3.17%
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 \| 1,900 sq.ft.	$569,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 0.55% Airbnb Rental Income: $2836 Traditional Rental Income: $1194 Airbnb ROI: 2.39% Traditional ROI: 0.55%
6789 County Road 87 ROANOKE, AL 6789 County Road 87, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 3 baths \| 2,540 sq.ft.	$429,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 3.67% Airbnb Rental Income: $3324 Traditional Rental Income: $2134 Airbnb ROI: 4.78% Traditional ROI: 3.67%
1466 County Rd 59 ROANOKE, AL 1466 County Rd 59, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 2 baths \| 3,472 sq.ft.	$1,295,000	Airbnb cash on cash: 0.66% Traditional cash on cash: -0.42% Airbnb Rental Income: $3324 Traditional Rental Income: $1280 Airbnb ROI: 0.66% Traditional ROI: -0.42%
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: N/A Airbnb Rental Income: $5232 Traditional Rental Income: $0 Airbnb ROI: 4.07% Traditional ROI: N/A
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: 4.67% Airbnb Rental Income: $2836 Traditional Rental Income: $1194 Airbnb ROI: 9.84% Traditional ROI: 4.67%
192 Cody Rd ROANOKE, AL 192 Cody Rd, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,325 sq.ft.	$199,900	Airbnb cash on cash: 9.56% Traditional cash on cash: 4.39% Airbnb Rental Income: $2836 Traditional Rental Income: $1194 Airbnb ROI: 9.56% Traditional ROI: 4.39%
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% Airbnb Rental Income: $2836 Traditional Rental Income: $1194 Airbnb ROI: 3.14% Traditional ROI: 1%
32 +/- Acres County Road 637 #1 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%
7+/- County Road 907 #Acres ROANOKE, AL 7+/- County Road 907 #Acres, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 9.01%
3182 County Road 61 #0 ROANOKE, AL 3182 County Road 61 #0, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 5.03%
0 White St #0 ROANOKE, AL 0 White St #0, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$48,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.35% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 11.35%
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: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 6.15%
431 County Road 30 #431 ROANOKE, AL 431 County Road 30 #431, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.74% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 0.74%
0 County Road 61 #1 ROANOKE, AL 0 County Road 61 #1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 5.03%
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: 11.47% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: 11.47%
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: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: -0.14%
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: -0.78% Airbnb Rental Income: $null Traditional Rental Income: $720 Airbnb ROI: N/A Traditional ROI: -0.78%
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.	$239,900	Airbnb cash on cash: 7.77% Traditional cash on cash: 3.44% Airbnb Rental Income: $2836 Traditional Rental Income: $1194 Airbnb ROI: 7.77% Traditional ROI: 3.44%
1429 Fairway Dr ROANOKE, AL A lil' Sass & Country CLASS is what you'll find when you step inside this COUNTRY CLUB bea...	4 beds \| 3 baths \| N/A	$429,900	Airbnb cash on cash: 5% Traditional cash on cash: 4.98% Airbnb Rental Income: $3324 Traditional Rental Income: $2574 Airbnb ROI: 5% Traditional ROI: 4.98%
1210 county road 235 ROANOKE, AL Country Living Meets Modern convenience on 4.5 Acres in Roanoke, AL! Welcome to your peace...	3 beds \| 2 baths \| 1,680 sq.ft.	$245,000	Airbnb cash on cash: 7.74% Traditional cash on cash: 4.71% Airbnb Rental Income: $2836 Traditional Rental Income: $1473 Airbnb ROI: 7.74% Traditional ROI: 4.71%
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%
1210 County Road 0235 ROANOKE, AL Country Living Meets Modern convenience on 4.5 Acres in Roanoke, AL! Welcome to your peace...	3 beds \| 2 baths \| 1,680 sq.ft.	$245,000	Airbnb cash on cash: 7.58% Traditional cash on cash: 5.81% Airbnb Rental Income: $2836 Traditional Rental Income: $1764 Airbnb ROI: 7.58% Traditional ROI: 5.81%

Real Estate investment in Roanoke, AL

There are 33 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 $140. In January 2026, the average monthly cash on cash return in Roanoke is 6.00%. The average monthly rental income in Roanoke is $1,194.

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

There are 33 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 $1,194.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, AL

0 Ga Highway 34

ROANOKE, AL

N/A beds | N/A baths | N/A

$82,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.32%

Airbnb Rental Income: $null

Traditional Rental Income: $720

Airbnb ROI: N/A

Traditional ROI: 6.32%

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: 2.8%

Airbnb Rental Income: $3324

Traditional Rental Income: $1280

Airbnb ROI: 7.4%

Traditional ROI: 2.8%

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: N/A

Airbnb Rental Income: $5232

Traditional Rental Income: $0

Airbnb ROI: 9.67%

Traditional ROI: N/A

570 County Road 79

ROANOKE, AL

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

$339,000

Airbnb cash on cash: 5.27%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $2836

Traditional Rental Income: $1896

Airbnb ROI: 5.27%

Traditional ROI: 4.39%

524 Louina Street

ROANOKE, AL

3 beds | 2 baths | 1,920 sq.ft.

$279,900

Airbnb cash on cash: 6.36%

Traditional cash on cash: 5.65%

Airbnb Rental Income: $2836

Traditional Rental Income: $1987

Airbnb ROI: 6.36%

Traditional ROI: 5.65%

1211 Main Street

ROANOKE, AL

3 beds | 2 baths | 2,697 sq.ft.

$349,900

Airbnb cash on cash: 5.15%

Traditional cash on cash: 7.92%

Airbnb Rental Income: $2836

Traditional Rental Income: $3084

Airbnb ROI: 5.15%

Traditional ROI: 7.92%

56009 Alabama 22

ROANOKE, AL

2 beds | 1 baths | N/A

$94,900

Airbnb cash on cash: 7.68%

Traditional cash on cash: 8.09%

Airbnb Rental Income: $1363

Traditional Rental Income: $985

Airbnb ROI: 7.68%

Traditional ROI: 8.09%

496 Mary Drive

ROANOKE, AL

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

$525,000

Airbnb cash on cash: 3.19%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $2836

Traditional Rental Income: $2162

Airbnb ROI: 3.19%