Real Estate Investment Properties for Sale in Alabama

Looking for investment property in Alabama with high ROI ?

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

Q: Which city in Alabama to invest in for highest ROI on long term rental properties in 2025

In 2025, Tallasseeis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5781 State Highway 180 #6014 GULF SHORES, AL Welcome to The Rookery III Unit 6014. Located only a few steps from the clubhouse and pool...	3 beds \| 2 baths \| 1,288 sq.ft.	$410,000	Airbnb cash on cash: -1% Traditional cash on cash: 1.95% Airbnb Rental Income: $1015 Traditional Rental Income: $1790 Airbnb ROI: -1% Traditional ROI: 1.95%
556 Middle Street Fairhope, AL Discover the charm and convenience of this quaint, well-maintained cottage-style home, loc...	2 beds \| 1 baths \| N/A	$345,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 2.78% Airbnb Rental Income: $1939 Traditional Rental Income: $1365 Airbnb ROI: 2.97% Traditional ROI: 2.78%
30206 Loblolly Circle Daphne, AL Welcome to this custom single-level home featuring 4-bedrooms, 2-bathrooms that offers mor...	4 beds \| 2 baths \| 2,130 sq.ft.	$389,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 3.57% Airbnb Rental Income: $2785 Traditional Rental Income: $2051 Airbnb ROI: 3.79% Traditional ROI: 3.57%
24400 Perdido Beach Boulevard #1015 Orange Beach, AL Don't miss out on this Spectacular Gulf Front 2-bedroom, 2 bath unit. Well maintained unit...	2 beds \| 2 baths \| 1,064 sq.ft.	$589,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.19% Airbnb Rental Income: $1312 Traditional Rental Income: $1522 Airbnb ROI: -0.93% Traditional ROI: 0.19%
606 Frankfort Drive Dothan, AL Looks can be deceiving. This home may appear to be a quaint cottage from the outside, but ...	4 beds \| 3 baths \| 2,994 sq.ft.	$389,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 5.86% Airbnb Rental Income: $1606 Traditional Rental Income: $2824 Airbnb ROI: 1.28% Traditional ROI: 5.86%
106 WAXMYRTLE Dothan, AL Due to the owners relocating, this 3-bedroom/2-bath home is ready for new owners! Upon ent...	3 beds \| 2 baths \| 1,695 sq.ft.	$229,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 4.44% Airbnb Rental Income: $1675 Traditional Rental Income: $1361 Airbnb ROI: 3.73% Traditional ROI: 4.44%
1220 Westfield Lane Montgomery, AL CUTE AS A BUTTON and completely move-in ready! This charming 3-bedroom, 2-bath home in the...	3 beds \| 2 baths \| 1,387 sq.ft.	$214,900	Airbnb cash on cash: 3.93% Traditional cash on cash: 5.27% Airbnb Rental Income: $1759 Traditional Rental Income: $1551 Airbnb ROI: 3.93% Traditional ROI: 5.27%
140 Greenleaf Drive Wetumpka, AL 4 bedroom, 2 bath home located on large corner lot in nice neighborhood, convenient to dow...	4 beds \| 2 baths \| 2,425 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $2174 Airbnb ROI: N/A Traditional ROI: 7.27%
7013 Stone Chase Lane GULF SHORES, AL HUGE PRICE IMPROVEMENT!!! Welcome to The Holly floor plan, a beautifully designed home by ...	4 beds \| 3 baths \| 1,965 sq.ft.	$419,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 4.44% Airbnb Rental Income: $1512 Traditional Rental Income: $2295 Airbnb ROI: 1.33% Traditional ROI: 4.44%
17051 County Road 55 Summerdale, AL Welcome to 17051 County Road 55 in Summerdale, where space and updates come together on ne...	5 beds \| 4 baths \| 3,017 sq.ft.	$489,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.92% Airbnb Rental Income: $959 Traditional Rental Income: $3313 Airbnb ROI: 0.02% Traditional ROI: 5.92%
216 Fig Avenue Fairhope, AL Welcome to 216 Fig Ave, Fairhope, AL, where Southern Traditional elegance meets modern lux...	5 beds \| 4 baths \| 2,831 sq.ft.	$1,790,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 0.65% Airbnb Rental Income: $2552 Traditional Rental Income: $2917 Airbnb ROI: 0.06% Traditional ROI: 0.65%
1155 IOWA AVENUE Thorsby, AL Discover your dream home in this stunning 4-bedroom, 3-bath residence, perfectly situated ...	4 beds \| 3 baths \| N/A	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2711 Airbnb ROI: N/A Traditional ROI: 5.75%
3706 Dalraida Parkway Montgomery, AL This charming Dalraida home is just what you've been waiting for. Vacant and ready to move...	3 beds \| 2 baths \| 1,674 sq.ft.	$172,500	Airbnb cash on cash: 3.68% Traditional cash on cash: 7.73% Airbnb Rental Income: $1344 Traditional Rental Income: $1596 Airbnb ROI: 3.68% Traditional ROI: 7.73%
24522 Perdido Beach Boulevard #3205 San Jose, AL Experience the ultimate coastal lifestyle in this beautifully maintained, direct Gulf-fron...	1 beds \| 1 baths \| 720 sq.ft.	$459,900	Airbnb cash on cash: -1.25% Traditional cash on cash: -0.31% Airbnb Rental Income: $955 Traditional Rental Income: $1012 Airbnb ROI: -1.25% Traditional ROI: -0.31%
2502 Hickoryridge Drive PHENIX CITY, AL Welcome to this beautifully maintained two-story home offering over 3,000 sq. ft. of comfo...	4 beds \| N/A baths \| 3,211 sq.ft.	$349,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 4.22% Airbnb Rental Income: $1793 Traditional Rental Income: $1906 Airbnb ROI: 2.39% Traditional ROI: 4.22%
2744 BLACKRIDGE LANE HOOVER, AL Now showing! Coming in hot with a rare opportunity to own in one of Hooverâs most covete...	4 beds \| 5 baths \| N/A	$1,055,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.24% Airbnb Rental Income: $null Traditional Rental Income: $5642 Airbnb ROI: N/A Traditional ROI: 4.24%
149 LINWOOD ROAD STERRETT, AL ASSUMABLE LOW RATE MORTGAGE available in this well-maintained brick home nestled in Forest...	4 beds \| 3 baths \| N/A	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $2425 Airbnb ROI: N/A Traditional ROI: 3.89%
23826 Opine Road ANDALUSIA, AL Set on 53.57 acres, this property features open pasture, mature timber, and a scenic pond,...	3 beds \| 2 baths \| 1,666 sq.ft.	$539,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 1.23% Airbnb Rental Income: $1586 Traditional Rental Income: $1422 Airbnb ROI: 0.66% Traditional ROI: 1.23%
22 S Perry Street Montgomery, AL Discover a truly extraordinary living space in this one-of-a-kind townhome, meticulously r...	2 beds \| 4 baths \| 2,550 sq.ft.	$499,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.55% Airbnb Rental Income: $1561 Traditional Rental Income: $2410 Airbnb ROI: 0.77% Traditional ROI: 3.55%
361 Allred Rd CULLMAN, AL YOU WANT A POOL, CLOSE TO THE INTERSTATE FOR COMMUTERS IN THE GOODHOPE SCHOOLS SYSTEMS, 1....	4 beds \| 4 baths \| 3,633 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $3878 Airbnb ROI: N/A Traditional ROI: 10.23%
560 CO RD 62 BREMEN, AL Fully remodeled and completely private, this 2 bed, 2 bath home sits on a secluded wooded ...	2 beds \| 2 baths \| 1,216 sq.ft.	$230,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 6.99% Airbnb Rental Income: $1536 Traditional Rental Income: $1885 Airbnb ROI: 3.34% Traditional ROI: 6.99%
510 PANORAMIC CIRCLE WARRIOR, AL Welcome to 510 Panoramic Circle in Warrior, zoned for Hayden schools. This full brick home...	4 beds \| 3 baths \| N/A	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $2273 Airbnb ROI: N/A Traditional ROI: 5.72%
3013 3rd Ave PHENIX CITY, AL Located just minutes from the beautiful Chattahoochee River, this stunning home has been f...	4 beds \| 3 baths \| 2,074 sq.ft.	$299,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 6.9% Airbnb Rental Income: $1793 Traditional Rental Income: $2530 Airbnb ROI: 2.56% Traditional ROI: 6.9%
231 17th Avenue S PHENIX CITY, AL Calling all rental investors and first time homebuyers - This little cottage is ready for ...	3 beds \| 2 baths \| 924 sq.ft.	$113,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 10.6% Airbnb Rental Income: $1401 Traditional Rental Income: $1415 Airbnb ROI: 6.61% Traditional ROI: 10.6%
2915 Creekstone Lane PHENIX CITY, AL This Creekstone subdivision home offers 2224 SqFt, 4 bedrooms, 3 bathrooms, dine-in kitche...	4 beds \| 3 baths \| 2,224 sq.ft.	$288,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 6.23% Airbnb Rental Income: $1793 Traditional Rental Income: $2399 Airbnb ROI: 2.2% Traditional ROI: 6.23%
732 Lee Road 0222 SMITHS STATION, AL Beautifully Remodeled 3BR/2BA All-Brick Ranch in Smiths Station! This updated home feature...	3 beds \| 2 baths \| 1,447 sq.ft.	$249,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 4.79% Airbnb Rental Income: $1791 Traditional Rental Income: $1556 Airbnb ROI: 3.72% Traditional ROI: 4.79%
8880 O'hara Drive Mobile, AL Welcome to O'hara Dr.!! This 3 bedroom, 3.5 bath home in West Mobile sits on approximately...	3 beds \| 4 baths \| 1,931 sq.ft.	$275,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 7.84% Airbnb Rental Income: $2243 Traditional Rental Income: $2491 Airbnb ROI: 4.71% Traditional ROI: 7.84%
108 FAIR STREET HUEYTOWN, AL Welcome to 108 Fair Street in Hueytown! This charming 3-bedroom, 1-bath brick home offers ...	3 beds \| 1 baths \| N/A	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.38% Airbnb Rental Income: $null Traditional Rental Income: $1429 Airbnb ROI: N/A Traditional ROI: 7.38%
25223 Old Foley Road Elberta, AL Located off the beaten path yet just minutes from Foley shopping, Pirate's Cove, Barber Ma...	3 beds \| 2 baths \| 2,479 sq.ft.	$425,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.03% Airbnb Rental Income: $1719 Traditional Rental Income: $2257 Airbnb ROI: 1.48% Traditional ROI: 4.03%
27580 Canal Road #1414 Orange Beach, AL Welcome to your dream coastal retreat in the heart of Orange Beach! This fantastic bayfro...	2 beds \| 2 baths \| 1,308 sq.ft.	$639,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.49% Airbnb Rental Income: $1312 Traditional Rental Income: $1911 Airbnb ROI: -0.2% Traditional ROI: 1.49%
11 Meeting Street Orange Beach, AL Coastal Charm in the Village of Tannin \| 11 Meeting Street. Experience the perfect blend o...	3 beds \| 3 baths \| 1,784 sq.ft.	$929,500	Airbnb cash on cash: 0.3% Traditional cash on cash: 0.85% Airbnb Rental Income: $1933 Traditional Rental Income: $1899 Airbnb ROI: 0.3% Traditional ROI: 0.85%
44165 Pine Grove Road Bay Minette, AL Complete Renovation makes this Home Look New Again! New kitchen, bathrooms, pantry, laundr...	3 beds \| 2 baths \| N/A	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $1786 Airbnb ROI: N/A Traditional ROI: 3.76%
26200 Perdido Beach Boulevard #601 Orange Beach, AL Wake up to 180-degree Gulf views and proven rental potential at Admiral Quarters 601, a ra...	4 beds \| 4 baths \| 2,120 sq.ft.	$1,365,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.31% Airbnb Rental Income: $2849 Traditional Rental Income: $3536 Airbnb ROI: 0.24% Traditional ROI: 1.31%
27582 Canal Road #2513 Orange Beach, AL Relax and unwind in your own slice of coastal paradise at Lighthouse on the Bay! This rare...	3 beds \| 4 baths \| 2,342 sq.ft.	$995,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.22% Airbnb Rental Income: $1933 Traditional Rental Income: $2525 Airbnb ROI: 0.03% Traditional ROI: 1.22%
24400 Perdido Beach Boulevard #907 Orange Beach, AL Wake up to the sound of waves and breathtaking Gulf views in this beautifully maintained 1...	1 beds \| 1 baths \| 801 sq.ft.	$519,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.17% Airbnb Rental Income: $1400 Traditional Rental Income: $1345 Airbnb ROI: 0.41% Traditional ROI: 1.17%
135 Mulberry Lane Fairhope, AL What a wonderful place to call home! This property is nestled among a grove of majestic oa...	4 beds \| 4 baths \| 2,455 sq.ft.	$1,199,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.07% Airbnb Rental Income: $3024 Traditional Rental Income: $2852 Airbnb ROI: 0.6% Traditional ROI: 1.07%
27582 Canal Road #2413 Orange Beach, AL Sit on the balcony of this luxury condo & enjoy the view of Terry Cove & Perdido Pass. Nic...	3 beds \| 4 baths \| 2,342 sq.ft.	$1,400,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.07% Airbnb Rental Income: $1933 Traditional Rental Income: $3314 Airbnb ROI: -0.38% Traditional ROI: 1.07%
29576 Perdido Beach Boulevard #907 Orange Beach, AL Own a 3br in one of the most fun filled condominium towers in Orange Beach, Phoenix X!! Wa...	3 beds \| 2 baths \| 1,392 sq.ft.	$919,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 0.76% Airbnb Rental Income: $1933 Traditional Rental Income: $1951 Airbnb ROI: 0.15% Traditional ROI: 0.76%
24400 Perdido Beach Boulevard #906 Orange Beach, AL Welcome to this bright and inviting 2-bedroom, 2-bath condo offering an abundance of natur...	2 beds \| 2 baths \| 1,064 sq.ft.	$650,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.13% Airbnb Rental Income: $1312 Traditional Rental Income: $1633 Airbnb ROI: -0.07% Traditional ROI: 1.13%

Real Estate investment in Alabama

There are 16,642 properties available for sale in the state of Alabama. Tallassee, Boaz and Harvest are the best rental property markets in Alabama. The average median price of properties for sale in these cities are $295,862 and the average price per square foot is $0. Their average monthly cash on cash return is 5.67%.

Alabama Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 16,642 investment properties available for sale in Alabama.

In 2025, Tallassee is the best city to buy investment properties. Find more investment properties today!

In 2025, Tallassee (6%) and Boaz (6%) has the highest cash on cash return for long term rentals in Alabama.

Your search for investment property begins and ends here

Investment Property for Sale in Alabama

5781 State Highway 180 #6014

GULF SHORES, AL

3 beds | 2 baths | 1,288 sq.ft.

$410,000

Airbnb cash on cash: -1%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $1015

Traditional Rental Income: $1790

Airbnb ROI: -1%

Traditional ROI: 1.95%

556 Middle Street

Fairhope, AL

2 beds | 1 baths | N/A

$345,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $1939

Traditional Rental Income: $1365

Airbnb ROI: 2.97%

Traditional ROI: 2.78%

30206 Loblolly Circle

Daphne, AL

4 beds | 2 baths | 2,130 sq.ft.

$389,900

Airbnb cash on cash: 3.79%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $2785

Traditional Rental Income: $2051

Airbnb ROI: 3.79%

Traditional ROI: 3.57%

24400 Perdido Beach Boulevard #1015

Orange Beach, AL

2 beds | 2 baths | 1,064 sq.ft.

$589,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 0.19%

Airbnb Rental Income: $1312

Traditional Rental Income: $1522

Airbnb ROI: -0.93%

Traditional ROI: 0.19%

606 Frankfort Drive

Dothan, AL

4 beds | 3 baths | 2,994 sq.ft.

$389,900

Airbnb cash on cash: 1.28%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1606

Traditional Rental Income: $2824

Airbnb ROI: 1.28%

Traditional ROI: 5.86%

106 WAXMYRTLE

Dothan, AL

3 beds | 2 baths | 1,695 sq.ft.

$229,000

Airbnb cash on cash: 3.73%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $1675

Traditional Rental Income: $1361

Airbnb ROI: 3.73%

Traditional ROI: 4.44%

1220 Westfield Lane

Montgomery, AL

3 beds | 2 baths | 1,387 sq.ft.

$214,900

Airbnb cash on cash: 3.93%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1759

Traditional Rental Income: $1551

Airbnb ROI: 3.93%

Traditional ROI: 5.27%

140 Greenleaf Drive

Wetumpka, AL

4 beds | 2 baths | 2,425 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2174

Airbnb ROI: N/A