Eight Mile Investment Analysis

Investment Property in Eight Mile, AL

Eight Mile, AL Real Estate Investment Performance

PROPERTY SALE PRICE

$ 172,613

Median

1,664

Avg/Sq.ft.
CASH ON CASH RETURN

8.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

4

Investment

7

Airbnb

1

Traditional

41%

Airbnb occupancy rate

Eight Mile, AL Properties Rental Prices

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Top Eight Mile, AL Neighborhoods - Real Estate Market Analysis

Mohawk
PROPERTY PRICE

$94,190

Median for city
CAP RATE

11.60%

Traditional

10.10%

Airbnb
RENTAL INCOME

$ 1,176

Traditional

$ 3,550

Airbnb

46%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Eight Mile, AL

[CV-19 Sanitized]
Cheerful 3 Bedroom w/Fire Place
$128 per night Airbnb occupancy rate 58%
House 3 · 2 · 6
Rental Income: $2,272 per month
5
42
Spacious 4 bedroom/2 bath in Sweet Home Alabama
$248 per night Airbnb occupancy rate 66%
House 4 · 2 · 8
Rental Income: $4,937 per month
5
23
Oak Hill: 2 Acres w/ 4 Bedrooms
$273 per night Airbnb occupancy rate 43%
House 4 · 2 · 10
Rental Income: $3,574 per month
5
15
The Chilean Corner
$54 per night Airbnb occupancy rate 41%
Camper/RV 2 · 1 · 3
Rental Income: $671 per month
5
12
Johnson’s Island
$93 per night Airbnb occupancy rate 34%
Barn 1 · 1 · 2
Rental Income: $961 per month
5
8
The Oaks on Colonial
$181 per night Airbnb occupancy rate 23%
House 3 · 1.5 · 8
Rental Income: $1,282 per month
5
7
Spacious 2br Getaway Home- Newly Renovated!
$186 per night Airbnb occupancy rate 24%
House 2 · 1.5 · 5
Rental Income: $1,380 per month
5
5

Real Estate Investment Analysis - Other Cities in alabama

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Enterprise $349,900 5% 4% $1,834 $2,445 92 73%
Prattville $249,900 6% 9% $1,870 $3,430 39 70%
Daphne $372,500 4% 6% $2,093 $3,309 50 68%
Madison $458,950 3% 4% $2,087 $3,132 42 65%
Loxley $637,450 3% 2% $2,323 $2,922 12 64%
Harvest $374,900 5% 5% $2,017 $2,208 11 63%
Montgomery $245,000 6% 7% $1,526 $1,899 282 63%
HUNTSVILLE $459,450 4% 2% $1,683 $1,434 88 63%
Mobile $249,000 5% 8% $1,579 $2,974 351 62%
PHENIX CITY $259,950 5% 5% $1,689 $1,951 106 61%
Fairhope $579,900 3% 5% $2,284 $3,304 60 58%
Birmingham $218,750 5% 8% $1,523 $1,886 678 56%
GULF SHORES $512,450 2% 4% $1,950 $4,184 280 53%
CULLMAN $294,990 5% 5% $1,833 $2,316 51 53%
Auburn $455,339 4% 5% $2,225 $4,454 300 48%
Grand Bay $195,000 7% 7% $1,706 $2,214 17 48%
FAIRFIELD $89,000 10% 11% $1,014 $1,792 15 46%
WEDOWEE $482,500 4% 3% $1,982 $2,478 21 45%
Saraland $287,950 5% 3% $1,691 $1,440 16 44%
NORTHPORT $306,200 4% 8% $1,643 $3,172 24 42%
View all alabama cities

Vacation Rentals for Sale in alabama

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