Real Estate Investment Properties for Sale in Shelby, AL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
165 ROCKHILL DRIVE SHELBY, AL This 4 bedroom 2.5 bath home with an ideal floor plan offering a fully unfinished basement...	4 beds \| 3 baths \| N/A	$826,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 1.88% Airbnb Rental Income: $2478 Traditional Rental Income: $2621 Airbnb ROI: 0.91% Traditional ROI: 1.88%
105 3RD AVENUE SHELBY, AL 25K PRICE CUT- Adorable Cottage in the Lacoosa area of Lay Lake. This well-loved, off-wate...	2 beds \| 1 baths \| N/A	$149,997	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.66% Airbnb Rental Income: $469 Traditional Rental Income: $821 Airbnb ROI: -0.66% Traditional ROI: 3.66%
250 L AND M TRACE SHELBY, AL Escape to the beauty of lakefront living with this spacious 3-bedroom, 2-bathroom home off...	3 beds \| 3 baths \| N/A	$583,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 1.63% Airbnb Rental Income: $2098 Traditional Rental Income: $1812 Airbnb ROI: 1.17% Traditional ROI: 1.63%
154 SPRING CREEK CAMP ROAD SHELBY, AL PRICE REDUCTION!!! Just in time for Spring and the summer season on the Lake! Built in 20...	3 beds \| 2 baths \| N/A	$142,500	Airbnb cash on cash: 9.63% Traditional cash on cash: 9.62% Airbnb Rental Income: $2098 Traditional Rental Income: $1558 Airbnb ROI: 9.63% Traditional ROI: 9.62%
358 RIDGE DRIVE SHELBY, AL Escape to tranquility at this beautiful lakefront home, featuring serene views and a calm ...	4 beds \| 4 baths \| N/A	$619,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.31% Airbnb Rental Income: $2478 Traditional Rental Income: $2157 Airbnb ROI: 1.83% Traditional ROI: 2.31%
915 HIGHWAY 71 SHELBY, AL PRICE IMPROVEMENT!! Welcome Home to this move in ready 3 bedroom 2 bath home, located on ...	3 beds \| 2 baths \| N/A	$189,900	Airbnb cash on cash: 6.91% Traditional cash on cash: 6.47% Airbnb Rental Income: $2098 Traditional Rental Income: $1480 Airbnb ROI: 6.91% Traditional ROI: 6.47%
17330 HIGHWAY 42 SHELBY, AL Surprising Footage- Custom Build Shelby County side of Lay. Finished Basement- In-Law Suit...	3 beds \| 3 baths \| N/A	$927,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.04% Airbnb Rental Income: $2098 Traditional Rental Income: $2203 Airbnb ROI: 0.29% Traditional ROI: 1.04%
65 ANGLERS LANE SHELBY, AL Lake life just got easy. Welcome to your fully furnished waterfront getaway on the beautif...	2 beds \| 1 baths \| N/A	$349,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 2.34% Airbnb Rental Income: $469 Traditional Rental Income: $1326 Airbnb ROI: -1.08% Traditional ROI: 2.34%
100 HORN DRIVE SHELBY, AL If âquintessential lakehouseâ had an address, it would be 100 Horn Dr. Rare opportunit...	4 beds \| 3 baths \| N/A	$650,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.11% Airbnb Rental Income: $2478 Traditional Rental Income: $2840 Airbnb ROI: 1.52% Traditional ROI: 3.11%
10831 HIGHWAY 42 SHELBY, AL Tucked into the trees and approached by a winding private drive, this 20+ acre retreat in ...	4 beds \| 4 baths \| N/A	$790,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.55% Airbnb Rental Income: $2478 Traditional Rental Income: $3008 Airbnb ROI: 1.02% Traditional ROI: 2.55%

Real Estate investment in Shelby, AL

There are 12 properties for sale in the city of Shelby . The median list price in Shelby is $385,000 and the average price per square foot is $239. In April 2026, the average monthly cash on cash return in Shelby is 3.00%. The average monthly rental income in Shelby is $1,804.

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

There are 12 investment properties available for sale in Shelby.

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

The ROI for Long-Term is higher than the Short-Term in Shelby with average rental income of $1,804.

Your search for investment property begins and ends here

Investment Property for Sale in Shelby, AL

165 ROCKHILL DRIVE

SHELBY, AL

4 beds | 3 baths | N/A

$826,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 1.88%

Airbnb Rental Income: $2478

Traditional Rental Income: $2621

Airbnb ROI: 0.91%

Traditional ROI: 1.88%

105 3RD AVENUE

SHELBY, AL

2 beds | 1 baths | N/A

$149,997

Airbnb cash on cash: -0.66%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $469

Traditional Rental Income: $821

Airbnb ROI: -0.66%

Traditional ROI: 3.66%

250 L AND M TRACE

SHELBY, AL

3 beds | 3 baths | N/A

$583,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 1.63%

Airbnb Rental Income: $2098

Traditional Rental Income: $1812

Airbnb ROI: 1.17%

Traditional ROI: 1.63%

154 SPRING CREEK CAMP ROAD

SHELBY, AL

3 beds | 2 baths | N/A

$142,500

Airbnb cash on cash: 9.63%

Traditional cash on cash: 9.62%

Airbnb Rental Income: $2098

Traditional Rental Income: $1558

Airbnb ROI: 9.63%

Traditional ROI: 9.62%

358 RIDGE DRIVE

SHELBY, AL

4 beds | 4 baths | N/A

$619,000

Airbnb cash on cash: 1.83%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $2478

Traditional Rental Income: $2157

Airbnb ROI: 1.83%

Traditional ROI: 2.31%

915 HIGHWAY 71

SHELBY, AL

3 beds | 2 baths | N/A

$189,900

Airbnb cash on cash: 6.91%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $2098

Traditional Rental Income: $1480

Airbnb ROI: 6.91%

Traditional ROI: 6.47%

17330 HIGHWAY 42

SHELBY, AL

3 beds | 3 baths | N/A

$927,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $2098

Traditional Rental Income: $2203

Airbnb ROI: 0.29%

Traditional ROI: 1.04%

65 ANGLERS LANE

SHELBY, AL

2 beds | 1 baths | N/A

$349,900

Airbnb cash on cash: -1.08%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $469

Traditional Rental Income: $1326

Airbnb ROI: -1.08%