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 1,600 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
26750 Perdido Beach Boulevard #504 Orange Beach, AL IMPRESSIVE RENTAL INCOME! $57,000 IN GROSS RENTAL REVENUE IN 2025 AND $55,000 IN 2026! Opp...	1 beds \| 1 baths \| 642 sq.ft.	$479,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 0.03% Airbnb Rental Income: $2271 Traditional Rental Income: $1243 Airbnb ROI: 1.06% Traditional ROI: 0.03%
26750 Perdido Beach Boulevard #108 Orange Beach, AL Tidewater is located on the most pristine beach that Pleasure Island has to offer. This po...	2 beds \| 2 baths \| 1,000 sq.ft.	$654,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 0.09% Airbnb Rental Income: $2011 Traditional Rental Income: $1563 Airbnb ROI: -0.03% Traditional ROI: 0.09%
24522 Perdido Beach Boulevard #3205 Orange Beach, AL Experience the ultimate coastal lifestyle in this beautifully maintained, direct Gulf-fron...	1 beds \| 1 baths \| 720 sq.ft.	$399,900	Airbnb cash on cash: 1.17% Traditional cash on cash: -0.67% Airbnb Rental Income: $2271 Traditional Rental Income: $1012 Airbnb ROI: 1.17% Traditional ROI: -0.67%
27580 Canal Road #1414 Orange Beach, AL Welcome to your dream coastal retreat in the heart of Orange Beach! This fantastic bayfron...	2 beds \| 2 baths \| 1,308 sq.ft.	$639,900	Airbnb cash on cash: -0.82% Traditional cash on cash: -0.11% Airbnb Rental Income: $2011 Traditional Rental Income: $1911 Airbnb ROI: -0.82% Traditional ROI: -0.11%
28103 Perdido Beach Boulevard #B1014 Orange Beach, AL Luxury Coastal Living, Elegant 3BR Retreat at Caribe ResortExperience the pinnacle of Gulf...	3 beds \| 3 baths \| 1,706 sq.ft.	$905,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 0.98% Airbnb Rental Income: $3110 Traditional Rental Income: $1922 Airbnb ROI: 1.55% Traditional ROI: 0.98%
25293 Perdido Beach Boulevard Orange Beach, AL Welcome home to Mariner Lakes Unit 29 CORNER UNIT, Beautifully RENOVATED 2-bedroom, 2.5-ba...	2 beds \| 3 baths \| N/A	$389,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.07% Airbnb Rental Income: $2011 Traditional Rental Income: $1366 Airbnb ROI: 2.4% Traditional ROI: 2.07%
27580 Canal Road #1134 Orange Beach, AL Rare Opportunity at Phoenix on the Bay! This exceptional 3-bedroom, 3.5-bath condo feature...	3 beds \| 4 baths \| 2,342 sq.ft.	$1,600,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 0.7% Airbnb Rental Income: $3110 Traditional Rental Income: $4026 Airbnb ROI: -0.4% Traditional ROI: 0.7%
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.	$879,000	Airbnb cash on cash: -0.22% Traditional cash on cash: -0.77% Airbnb Rental Income: $3110 Traditional Rental Income: $1951 Airbnb ROI: -0.22% Traditional ROI: -0.77%
18170 Scenic Highway 98 #10 Fairhope, AL Magnolia Trace is one of Point Clear's most charming, tranquil enclaves. Located adjacent ...	3 beds \| 3 baths \| 2,687 sq.ft.	$1,299,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -0.27% Airbnb Rental Income: $2498 Traditional Rental Income: $2719 Airbnb ROI: -0.96% Traditional ROI: -0.27%
27070 Perdido Beach Boulevard #41 Orange Beach, AL Enjoy effortless coastal living in this updated 2-bedroom, 2-bath, main-level condo at Per...	2 beds \| 2 baths \| 912 sq.ft.	$324,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 0.99% Airbnb Rental Income: $2011 Traditional Rental Income: $1520 Airbnb ROI: 0.88% Traditional ROI: 0.99%
27070 Perdido Beach Boulevard #17 Orange Beach, AL Welcome to your beachside retreat in beautiful Orange Beach! This fully furnished condo is...	2 beds \| 2 baths \| 912 sq.ft.	$329,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 3.41% Airbnb Rental Income: $2011 Traditional Rental Income: $1585 Airbnb ROI: 3.1% Traditional ROI: 3.41%
27501 Perdido Beach Blvd Orange Beach, AL Unit 203 at The Pass is a rare opportunity to own in one of Orange Beach's most sought-aft...	2 beds \| 3 baths \| 1,500 sq.ft.	$649,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -0.04% Airbnb Rental Income: $2011 Traditional Rental Income: $1643 Airbnb ROI: -0.3% Traditional ROI: -0.04%
25805 Perdido Beach Boulevard #414 Orange Beach, AL Located in the heart of Orange Beach, this turnkey 2-bedroom, 2-bathroom PLUS LOFT THAT SE...	2 beds \| 2 baths \| 1,142 sq.ft.	$415,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 0.14% Airbnb Rental Income: $2011 Traditional Rental Income: $1277 Airbnb ROI: 0.68% Traditional ROI: 0.14%
645 Plantation Road #6205 GULF SHORES, AL Welcome to 645 Plantation Rd #6205 - your opportunity to own a true beachfront condo in on...	1 beds \| 1 baths \| 590 sq.ft.	$349,900	Airbnb cash on cash: -1.12% Traditional cash on cash: -0.34% Airbnb Rental Income: $1275 Traditional Rental Income: $1128 Airbnb ROI: -1.12% Traditional ROI: -0.34%
4 Yacht Club Drive #90 Daphne, AL Updated Bayfront Condo in Sunset Bay Villas - 4BD/3BA with Garage & Gorgeous Views - WOW! ...	4 beds \| 3 baths \| 2,133 sq.ft.	$305,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.25% Airbnb Rental Income: $2566 Traditional Rental Income: $2073 Airbnb ROI: 1.82% Traditional ROI: 2.25%
100 Tower Drive #703 Daphne, AL Experience luxury living in this stunning condo at Loma Alta Towers in Daphne, Alabama. Ad...	3 beds \| 2 baths \| 1,730 sq.ft.	$419,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 0.85% Airbnb Rental Income: $2188 Traditional Rental Income: $1796 Airbnb ROI: 0.44% Traditional ROI: 0.85%
27120 Perdido Beach Boulevard #2052 Orange Beach, AL DIRECT GULF-FRONT LIVING!The location is hard to beat. Situated near Perdido Pass you can ...	1 beds \| 1 baths \| 798 sq.ft.	$489,900	Airbnb cash on cash: 0.8% Traditional cash on cash: -0.09% Airbnb Rental Income: $2271 Traditional Rental Income: $1299 Airbnb ROI: 0.8% Traditional ROI: -0.09%
645 Plantation Rd #6305 GULF SHORES, AL Gorgeous Gulf-View Condo - Your Perfect Coastal Retreat! Welcome to your Dream Getaway...	1 beds \| 1 baths \| 590 sq.ft.	$365,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 1.04% Airbnb Rental Income: $1275 Traditional Rental Income: $1675 Airbnb ROI: -1.3% Traditional ROI: 1.04%
28250 Canal Rd #205 Orange Beach, AL Experience one of the most spectacular coastal views in Orange Beach from this beautifully...	3 beds \| 3 baths \| 1,745 sq.ft.	$702,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 0.35% Airbnb Rental Income: $3110 Traditional Rental Income: $2320 Airbnb ROI: 0.48% Traditional ROI: 0.35%
18269 Colony Drive #705 Fairhope, AL Enjoy breathtaking views of Mobile Bay from this beautifully appointed 7th floor condo. Th...	3 beds \| 3 baths \| 1,899 sq.ft.	$840,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.22% Airbnb Rental Income: $2498 Traditional Rental Income: $2781 Airbnb ROI: 0.08% Traditional ROI: 1.22%
26750 Perdido Beach Blvd #404 Orange Beach, AL Tidewater 404 \| Turnkey Gulf-View Condo + Top Rental Performer! Ready for beach days and r...	1 beds \| 1 baths \| 642 sq.ft.	$489,000	Airbnb cash on cash: 0.75% Traditional cash on cash: -0.25% Airbnb Rental Income: $2271 Traditional Rental Income: $1242 Airbnb ROI: 0.75% Traditional ROI: -0.25%
25805 Perdido Beach Boulevard #205 Orange Beach, AL Welcome to Grand Caribbean in Orange Beach, AL! This 1-bedroom, 1-bath condo with a built-...	1 beds \| 1 baths \| 651 sq.ft.	$290,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 1.24% Airbnb Rental Income: $2271 Traditional Rental Income: $1268 Airbnb ROI: 2.83% Traditional ROI: 1.24%
200 Peninsula Blvd #H102 GULF SHORES, AL Welcome to your dream condo in the heart of Gulf Shores! This stunning residential propert...	3 beds \| 3 baths \| 1,860 sq.ft.	$449,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 1.26% Airbnb Rental Income: $2328 Traditional Rental Income: $1979 Airbnb ROI: 0.72% Traditional ROI: 1.26%
6701 Dickens Ferry Road #30 Mobile, AL Welcome to your new home in the Stonegate community! This spacious 3 bedroom 2 and a half ...	3 beds \| 3 baths \| 1,342 sq.ft.	$124,900	Airbnb cash on cash: 3.67% Traditional cash on cash: 10.67% Airbnb Rental Income: $1620 Traditional Rental Income: $2003 Airbnb ROI: 3.67% Traditional ROI: 10.67%
155 CAMBRIAN WAY #155 Birmingham, AL WELCOME TO THE HEART OF INVERNESS! Overlooking the 17th hole of the Inverness Golf Course,...	2 beds \| 3 baths \| 1,560 sq.ft.	$221,500	Airbnb cash on cash: 4.38% Traditional cash on cash: 6.31% Airbnb Rental Income: $1797 Traditional Rental Income: $1714 Airbnb ROI: 4.38% Traditional ROI: 6.31%
969 W Beach Boulevard #1804 GULF SHORES, AL Experience true coastal living in this STUNNING Gulf-front 2-bedroom, 2-bath condo at Surf...	2 beds \| 2 baths \| 780 sq.ft.	$529,900	Airbnb cash on cash: -1.28% Traditional cash on cash: -0.72% Airbnb Rental Income: $1575 Traditional Rental Income: $1398 Airbnb ROI: -1.28% Traditional ROI: -0.72%
825 W Beach Boulevard #2 GULF SHORES, AL Welcome to Oceania - one of West Beach's most exclusive low-density developments, and home...	4 beds \| 4 baths \| 3,970 sq.ft.	$2,175,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 0.29% Airbnb Rental Income: $3856 Traditional Rental Income: $4493 Airbnb ROI: -0.44% Traditional ROI: 0.29%
1C Merion Dr Eufaula, AL Experience affordable waterfront living on beautiful Lake Eufaula with this well-maintaine...	2 beds \| 2 baths \| 1,609 sq.ft.	$299,500	Airbnb cash on cash: 1.75% Traditional cash on cash: 3.45% Airbnb Rental Income: $1363 Traditional Rental Income: $1426 Airbnb ROI: 1.75% Traditional ROI: 3.45%
311 HEATH DRIVE #311 Birmingham, AL Location, location, location!! Updated 2 bedroom 2.5 bathroom condo on quiet cut de sac.On...	2 beds \| 3 baths \| 1,326 sq.ft.	$219,900	Airbnb cash on cash: 4.43% Traditional cash on cash: 6.16% Airbnb Rental Income: $1797 Traditional Rental Income: $1670 Airbnb ROI: 4.43% Traditional ROI: 6.16%
23450 Perdido Beach Boulevard #2911 Orange Beach, AL East Corner with out of this world Gulf views Beautiful updated unit 4 bedroom 4 and a hal...	4 beds \| 5 baths \| 2,549 sq.ft.	$2,400,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.05% Airbnb Rental Income: $3713 Traditional Rental Income: $5212 Airbnb ROI: -1.08% Traditional ROI: -0.05%
18269 Colony Drive #204 Fairhope, AL Beautiful well maintained condo on 2nd floor of Bayview. All on one level, 4 bedrooms, 3.5...	4 beds \| 4 baths \| 2,247 sq.ft.	$885,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 0.56% Airbnb Rental Income: $3863 Traditional Rental Income: $2555 Airbnb ROI: 1.13% Traditional ROI: 0.56%
2006 MONTREAT PARKWAY #2006 VESTAVIA HILLS, AL ALL-BRICK CORNER UNIT in Montreat, in secluded row of 4 PRIVATE-ENTRANCE units in the wood...	2 beds \| 3 baths \| 1,472 sq.ft.	$194,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.15% Airbnb Rental Income: $1532 Traditional Rental Income: $1778 Airbnb ROI: 1.43% Traditional ROI: 5.15%
20637 Blueberry Ln #15 Fairhope, AL PRICED TO SELL! Ground-floor, end unit condo in The Oaks of Fairhope featuring 3 bedrooms,...	3 beds \| 2 baths \| 1,214 sq.ft.	$230,000	Airbnb cash on cash: 6.36% Traditional cash on cash: 3.45% Airbnb Rental Income: $2498 Traditional Rental Income: $1260 Airbnb ROI: 6.36% Traditional ROI: 3.45%
2407 ARLINGTON CRESCENT #D Birmingham, AL Historic Highland Park is ready to welcome you to the neighborhood, starting with this bea...	1 beds \| 1 baths \| 770 sq.ft.	$160,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 4.25% Airbnb Rental Income: $1177 Traditional Rental Income: $959 Airbnb ROI: 3.16% Traditional ROI: 4.25%
9916 Windmill Rd #8 Fairhope, AL Welcome to this charming 2-bedroom, 2-bathroom condominium in the heart of Fairhope! This ...	2 beds \| 2 baths \| 1,064 sq.ft.	$264,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 2.19% Airbnb Rental Income: $1966 Traditional Rental Income: $1218 Airbnb ROI: 3.12% Traditional ROI: 2.19%
475 RIVER FOREST LANE #4240 TALLADEGA, AL Welcome to your own slice of paradise at Lincoln Harbor on Logan Martin Lake. This UNIQUE ...	2 beds \| 2 baths \| 1,147 sq.ft.	$260,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.08% Airbnb Rental Income: $736 Traditional Rental Income: $1446 Airbnb ROI: -0.07% Traditional ROI: 4.08%
27501 Perdido Beach Boulevard #203 Orange Beach, AL ****1% lender credit with a preferred lender. Call agent for more information. Limited tim...	2 beds \| 3 baths \| 1,500 sq.ft.	$649,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 0.89% Airbnb Rental Income: $2011 Traditional Rental Income: $2085 Airbnb ROI: -0.09% Traditional ROI: 0.89%

Your search for investment property begins and ends here

Condos for Sale in Alabama

26750 Perdido Beach Boulevard #504

Orange Beach, AL

1 beds | 1 baths | 642 sq.ft.

$479,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 0.03%

Airbnb Rental Income: $2271

Traditional Rental Income: $1243

Airbnb ROI: 1.06%

Traditional ROI: 0.03%

26750 Perdido Beach Boulevard #108

Orange Beach, AL

2 beds | 2 baths | 1,000 sq.ft.

$654,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 0.09%

Airbnb Rental Income: $2011

Traditional Rental Income: $1563

Airbnb ROI: -0.03%

Traditional ROI: 0.09%

24522 Perdido Beach Boulevard #3205

Orange Beach, AL

1 beds | 1 baths | 720 sq.ft.

$399,900

Airbnb cash on cash: 1.17%

Traditional cash on cash: -0.67%

Airbnb Rental Income: $2271

Traditional Rental Income: $1012

Airbnb ROI: 1.17%

Traditional ROI: -0.67%

27580 Canal Road #1414

Orange Beach, AL

2 beds | 2 baths | 1,308 sq.ft.

$639,900

Airbnb cash on cash: -0.82%

Traditional cash on cash: -0.11%

Airbnb Rental Income: $2011

Traditional Rental Income: $1911

Airbnb ROI: -0.82%

Traditional ROI: -0.11%

28103 Perdido Beach Boulevard #B1014

Orange Beach, AL

3 beds | 3 baths | 1,706 sq.ft.

$905,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $3110

Traditional Rental Income: $1922

Airbnb ROI: 1.55%

Traditional ROI: 0.98%

25293 Perdido Beach Boulevard

Orange Beach, AL

2 beds | 3 baths | N/A

$389,900

Airbnb cash on cash: 2.4%

Traditional cash on cash: 2.07%

Airbnb Rental Income: $2011

Traditional Rental Income: $1366

Airbnb ROI: 2.4%

Traditional ROI: 2.07%

27580 Canal Road #1134

Orange Beach, AL

3 beds | 4 baths | 2,342 sq.ft.

$1,600,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 0.7%

Airbnb Rental Income: $3110

Traditional Rental Income: $4026

Airbnb ROI: -0.4%

Traditional ROI: 0.7%

29576 Perdido Beach Boulevard #907

Orange Beach, AL

3 beds | 2 baths | 1,392 sq.ft.

$879,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: -0.77%

Airbnb Rental Income: $3110

Traditional Rental Income: $1951

Airbnb ROI: -0.22%