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.

Condos for Sale in Alabama

Search for Condo for Sale in Alabama. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 581 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1653 ACADEMY DRIVE Auburn, AL Beautiful condo centrally located to absolutely everything Auburn and Opelika have to offe...	3 beds \| 2 baths \| 1,625 sq.ft.	$365,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.49% Airbnb Rental Income: $1866 Traditional Rental Income: $1771 Airbnb ROI: 2.31% Traditional ROI: 3.49%
2301 1ST AVENUE #207 Birmingham, AL Discover unparalleled urban style in this 2 bed, 1 bath condo, perfectly situated in the h...	2 beds \| 1 baths \| N/A	$399,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.55% Airbnb Rental Income: $1208 Traditional Rental Income: $1946 Airbnb ROI: 0.53% Traditional ROI: 3.55%
1477 N DONAHUE DRIVE Auburn, AL Fresh paint, brand-new carpet, and move-in ready! This updated condo in Donahue Crossing i...	3 beds \| 4 baths \| 1,601 sq.ft.	$329,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 4.37% Airbnb Rental Income: $1866 Traditional Rental Income: $1887 Airbnb ROI: 2.69% Traditional ROI: 4.37%
447 W LONGLEAF DRIVE Auburn, AL Unit 101 is a Second floor 3/2 condo just inside the gates of Longleaf Villas. END UNIT! C...	3 beds \| 2 baths \| 1,221 sq.ft.	$245,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.49% Airbnb Rental Income: $1866 Traditional Rental Income: $1229 Airbnb ROI: 4.09% Traditional ROI: 3.49%
234 W MAGNOLIA AVENUE Auburn, AL Legends of Magnolia is a staple of premier downtown livingâsituated directly across from...	2 beds \| 3 baths \| 1,425 sq.ft.	$879,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 0.35% Airbnb Rental Income: $1652 Traditional Rental Income: $1551 Airbnb ROI: -0.1% Traditional ROI: 0.35%
527 Beach Club Trail #1006 GULF SHORES, AL VALUE RANGE PRICING: The seller is eager to consider offers between $549,000 and $599,...	2 beds \| 2 baths \| N/A	$549,599	Airbnb cash on cash: -1.49% Traditional cash on cash: 0.4% Airbnb Rental Income: $1472 Traditional Rental Income: $2008 Airbnb ROI: -1.49% Traditional ROI: 0.4%
24230 Perdido Beach Blvd #3086 Orange Beach, AL Welcome to Phoenix III 3086, a bright & inviting 2-BR, 2-BA Gulf-front condo perfectly pos...	2 beds \| 2 baths \| 962 sq.ft.	$569,000	Airbnb cash on cash: -0.89% Traditional cash on cash: -0.19% Airbnb Rental Income: $1608 Traditional Rental Income: $1523 Airbnb ROI: -0.89% Traditional ROI: -0.19%
2222 2ND AVENUE #206 Birmingham, AL Hurry to see this bright and open 2 bedroom condo in Athens Flatts! With all new paint and...	2 beds \| 1 baths \| N/A	$299,900	Airbnb cash on cash: 1% Traditional cash on cash: 2.38% Airbnb Rental Income: $1156 Traditional Rental Income: $1164 Airbnb ROI: 1% Traditional ROI: 2.38%
730 W MAGNOLIA AVENUE Auburn, AL 4 bed unit at the popular Edge West! AUsome location with convenient proximity to campus, ...	4 beds \| 4 baths \| 1,404 sq.ft.	$600,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.57% Airbnb Rental Income: $2167 Traditional Rental Income: $2321 Airbnb ROI: 1.31% Traditional ROI: 2.57%
815 VESTAVIA VILLA COURT #815 VESTAVIA HILLS, AL Fantastic condo in Vestavia Villa Condos with easy access to I-65 and just minutes from Do...	2 beds \| 2 baths \| N/A	$177,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.93% Airbnb Rental Income: $1156 Traditional Rental Income: $1506 Airbnb ROI: 2.61% Traditional ROI: 6.93%
148 THOMAS STREET Auburn, AL HVAC Installed: 2024, Water Heater Installed: 2023, Roof Replaced 2008, Stove Installed 20...	1 beds \| 1 baths \| 550 sq.ft.	$328,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 1.21% Airbnb Rental Income: $1399 Traditional Rental Income: $900 Airbnb ROI: 1.46% Traditional ROI: 1.21%
327 HEATH DRIVE #327 Birmingham, AL This home sits nestled in a wooded setting and water vista view. Beautifully updated 3 bed...	3 beds \| 3 baths \| N/A	$254,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 6.5% Airbnb Rental Income: $1859 Traditional Rental Income: $1996 Airbnb ROI: 3.85% Traditional ROI: 6.5%
2006 MONTREAT PARKWAY #2006 VESTAVIA HILLS, AL RARE, ALL-BRICK CORNER UNIT in Montreat Condominiums, in secluded row of 4 private-entranc...	2 beds \| 3 baths \| N/A	$259,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.46% Airbnb Rental Income: $1156 Traditional Rental Income: $1778 Airbnb ROI: 1.37% Traditional ROI: 5.46%
447 W LONGLEAF DRIVE Auburn, AL Well-maintained first-floor condo in one of Auburnâs most popular condo communities, Lon...	3 beds \| 2 baths \| 1,221 sq.ft.	$245,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 2.85% Airbnb Rental Income: $1866 Traditional Rental Income: $1079 Airbnb ROI: 4.09% Traditional ROI: 2.85%
27770 Canal Road #2503 Orange Beach, AL Best Price in Perdido Grande with a Deeded Boat Slip. 2000+ Square foot Open Plan. Beautif...	3 beds \| 3 baths \| N/A	$699,999	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.06% Airbnb Rental Income: $2378 Traditional Rental Income: $2432 Airbnb ROI: 0.08% Traditional ROI: 1.06%
804 MORNING SUN DRIVE #804 Birmingham, AL Welcome to 804 Morning Sun Drive! The current owner has transformed this great 1 Bedroom 1...	1 beds \| 1 baths \| N/A	$145,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 6.38% Airbnb Rental Income: $1206 Traditional Rental Income: $1176 Airbnb ROI: 3.79% Traditional ROI: 6.38%
4 Yacht Club Drive #3 Daphne, AL Convenient Sunset Bay Villas condo offers 3 bedrooms, 3 baths with a balcony overlooking r...	3 beds \| 3 baths \| N/A	$299,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.05% Airbnb Rental Income: $2429 Traditional Rental Income: $1981 Airbnb ROI: 2.53% Traditional ROI: 3.05%
2119 1ST AVENUE #103 Birmingham, AL Welcome to your perfect downtown sanctuary, located in the heart of the cityâs most dyna...	2 beds \| 2 baths \| N/A	$585,999	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.98% Airbnb Rental Income: $1208 Traditional Rental Income: $1401 Airbnb ROI: -0.08% Traditional ROI: 0.98%
4 Yacht Club Drive #200 Daphne, AL Discover the epitome of coastal luxury on the Eastern Shore in this two-story condo nestle...	3 beds \| 2 baths \| N/A	$295,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 1.43% Airbnb Rental Income: $2429 Traditional Rental Income: $1533 Airbnb ROI: 2.52% Traditional ROI: 1.43%
1109 26TH STREET #6 Birmingham, AL Seller will pay 5k in closing costs! Don't miss this incredible two bedroom, two bathroom ...	2 beds \| 2 baths \| N/A	$315,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.81% Airbnb Rental Income: $1285 Traditional Rental Income: $1343 Airbnb ROI: 1.25% Traditional ROI: 2.81%
154 E UNIVERSITY DRIVE Auburn, AL HVAC Installed 2022, Water Heater Installed 2013, Rood Replaced 2023, Refrigerator Install...	1 beds \| 1 baths \| 576 sq.ft.	$200,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 2.4% Airbnb Rental Income: $1399 Traditional Rental Income: $816 Airbnb ROI: 3.25% Traditional ROI: 2.4%
4 Yacht Club Drive #170 Daphne, AL Come enjoy quiet, serene living at Sunset Bay Villas in Daphne, located close to the edge ...	2 beds \| 2 baths \| N/A	$219,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.25% Airbnb Rental Income: $1444 Traditional Rental Income: $1631 Airbnb ROI: 1.29% Traditional ROI: 4.25%
332 Riverbend Drive #332 Mobile, AL Welcome to River Landing Club! Located in a gated community on the beautiful Dog River, th...	1 beds \| 1 baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.57% Airbnb Rental Income: $null Traditional Rental Income: $1262 Airbnb ROI: N/A Traditional ROI: 7.57%
165 CAMBRIAN WAY #165 Birmingham, AL Stunning 2bed/2bath condo with breathtaking golf course views on the prestigious 18th fair...	2 beds \| 3 baths \| N/A	$229,975	Airbnb cash on cash: 2.36% Traditional cash on cash: 6.06% Airbnb Rental Income: $1324 Traditional Rental Income: $1720 Airbnb ROI: 2.36% Traditional ROI: 6.06%
2428 E UNIVERSITY DRIVE Auburn, AL Great investment opportunity! This vacant condo already boasts lots of improvements - gran...	3 beds \| 3 baths \| 1,726 sq.ft.	$262,500	Airbnb cash on cash: 3.91% Traditional cash on cash: 5.12% Airbnb Rental Income: $1866 Traditional Rental Income: $1666 Airbnb ROI: 3.91% Traditional ROI: 5.12%
1602 Government Street #1B Mobile, AL Discover a delightful condo in the heart of Midtown, blending historic appeal with modern ...	1 beds \| 1 baths \| N/A	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $915 Airbnb ROI: N/A Traditional ROI: 2.51%
650 DEKALB STREET Auburn, AL Welcome to Creekside of Auburn! Resort-style living for students. This two-bedroom, 2.5-ba...	2 beds \| 3 baths \| 1,072 sq.ft.	$299,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 6.67% Airbnb Rental Income: $1652 Traditional Rental Income: $2770 Airbnb ROI: 1.06% Traditional ROI: 6.67%
5020 Chancel Drive HUNTSVILLE, AL Welcome to this charming 2 bed, 2 bath Churchill Townhome offering comfort and peace of mi...	2 beds \| 2 baths \| 2,113 sq.ft.	$259,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.69% Airbnb Rental Income: $1428 Traditional Rental Income: $1893 Airbnb ROI: 0.04% Traditional ROI: 3.69%
696 W MAGNOLIA AVENUE Auburn, AL Welcome to a rare opportunity in the highly sought-after Champions Club. This beautifully ...	2 beds \| 2 baths \| 1,302 sq.ft.	$925,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.1% Airbnb Rental Income: $1652 Traditional Rental Income: $1390 Airbnb ROI: -0.14% Traditional ROI: 0.1%
312 RIVERHAVEN PLACE #312 HOOVER, AL Walk from car to your front door. NO STEPS. This fabulous 3 bed 2 bath condo is tucked awa...	3 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 6.4% Airbnb Rental Income: $2324 Traditional Rental Income: $1938 Airbnb ROI: 5.6% Traditional ROI: 6.4%
2412 2ND AVENUE #16 Birmingham, AL Experience the perfect blend of luxury and industrial charm in this rare two-level, two-be...	2 beds \| 2 baths \| N/A	$354,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.7% Airbnb Rental Income: $1208 Traditional Rental Income: $1461 Airbnb ROI: 0.77% Traditional ROI: 2.7%
1477 N DONAHUE DRIVE Auburn, AL Welcome to your Auburn home base just 2.5 miles from Auburn University. This well-kept end...	2 beds \| 3 baths \| 1,376 sq.ft.	$285,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.01% Airbnb Rental Income: $1652 Traditional Rental Income: $1279 Airbnb ROI: 2.67% Traditional ROI: 3.01%
1794 COVINGTON RIDGE Auburn, AL Rare Opportunity on Moores Mill Golf Course â Spacious Devonshire Townhome with Walkout ...	4 beds \| 4 baths \| 3,700 sq.ft.	$839,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 1.23% Airbnb Rental Income: $2167 Traditional Rental Income: $2156 Airbnb ROI: 0.54% Traditional ROI: 1.23%
249 WATERDOG DRIVE CRANE HILL, AL SMITH LAKE/SILVEROCK COVE, 4BR/3.5BA, This is one of the best floor plans in silver rock a...	4 beds \| 4 baths \| 1,800 sq.ft.	$589,900	Airbnb cash on cash: 1.13% Traditional cash on cash: 2.98% Airbnb Rental Income: $1923 Traditional Rental Income: $2431 Airbnb ROI: 1.13% Traditional ROI: 2.98%
502 PATTON CHAPEL WAY #502 HOOVER, AL Great Investors Opportunity!!! Prime Location in the Heart of Hoover!!! A beautifully u...	2 beds \| 2 baths \| N/A	$149,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 6.87% Airbnb Rental Income: $1427 Traditional Rental Income: $1274 Airbnb ROI: 4.95% Traditional ROI: 6.87%
145 E MAGNOLIA AVENUE Auburn, AL Incredible location: right at Toomer's corner! Enjoy low maintenance living in the HEART o...	2 beds \| 2 baths \| 1,233 sq.ft.	$950,000	Airbnb cash on cash: -0.17% Traditional cash on cash: -0.48% Airbnb Rental Income: $1652 Traditional Rental Income: $917 Airbnb ROI: -0.17% Traditional ROI: -0.48%
375 Beach Club Trail A1501 GULF SHORES, AL The Beach Club is one of the premier resort destinations on the Gulf Coast with white sand...	4 beds \| 4 baths \| 2,231 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.43% Airbnb Rental Income: $null Traditional Rental Income: $3256 Airbnb ROI: N/A Traditional ROI: 1.43%

Your search for investment property begins and ends here

Condos for Sale in Alabama

1653 ACADEMY DRIVE

Auburn, AL

3 beds | 2 baths | 1,625 sq.ft.

$365,000

Airbnb cash on cash: 2.31%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $1866

Traditional Rental Income: $1771

Airbnb ROI: 2.31%

Traditional ROI: 3.49%

2301 1ST AVENUE #207

Birmingham, AL

2 beds | 1 baths | N/A

$399,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1208

Traditional Rental Income: $1946

Airbnb ROI: 0.53%

Traditional ROI: 3.55%

1477 N DONAHUE DRIVE

Auburn, AL

3 beds | 4 baths | 1,601 sq.ft.

$329,900

Airbnb cash on cash: 2.69%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1866

Traditional Rental Income: $1887

Airbnb ROI: 2.69%

Traditional ROI: 4.37%

447 W LONGLEAF DRIVE

Auburn, AL

3 beds | 2 baths | 1,221 sq.ft.

$245,000

Airbnb cash on cash: 4.09%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $1866

Traditional Rental Income: $1229

Airbnb ROI: 4.09%

Traditional ROI: 3.49%

234 W MAGNOLIA AVENUE

Auburn, AL

2 beds | 3 baths | 1,425 sq.ft.

$879,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 0.35%

Airbnb Rental Income: $1652

Traditional Rental Income: $1551

Airbnb ROI: -0.1%

Traditional ROI: 0.35%

527 Beach Club Trail #1006

GULF SHORES, AL

2 beds | 2 baths | N/A

$549,599

Airbnb cash on cash: -1.49%

Traditional cash on cash: 0.4%

Airbnb Rental Income: $1472

Traditional Rental Income: $2008

Airbnb ROI: -1.49%

Traditional ROI: 0.4%

24230 Perdido Beach Blvd #3086

Orange Beach, AL

2 beds | 2 baths | 962 sq.ft.

$569,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: -0.19%

Airbnb Rental Income: $1608

Traditional Rental Income: $1523

Airbnb ROI: -0.89%

Traditional ROI: -0.19%

2222 2ND AVENUE #206

Birmingham, AL

2 beds | 1 baths | N/A

$299,900

Airbnb cash on cash: 1%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $1156

Traditional Rental Income: $1164

Airbnb ROI: 1%