Real Estate Investment Properties for Sale in Crane Hill, AL

Looking for investment property in Crane Hill, AL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
20 Waterdog Drive CRANE HILL, AL RESORT STYLE LIVING ON SMITH LAKE IN THE EXCLUSIVE GATED COMMUNITY OF SILVEROCK COVE! This...	4 beds \| 4 baths \| 2,200 sq.ft.	$915,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 2.36% Airbnb Rental Income: $1633 Traditional Rental Income: $3306 Airbnb ROI: -0.14% Traditional ROI: 2.36%
21315 COUNTY RD 222 CRANE HILL, AL This beautiful craftsman style home has all the bells and whistles plus being on the lake ...	4 beds \| 4 baths \| 8,796 sq.ft.	$2,599,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 0.28% Airbnb Rental Income: $1633 Traditional Rental Income: $3480 Airbnb ROI: -0.68% Traditional ROI: 0.28%
204 COUNTY ROAD 96 UNIT 203 CRANE HILL, AL Smith Lake (Waterford Condominiums) A rare offering of a parking lot level unit at this fa...	3 beds \| 2 baths \| 1,566 sq.ft.	$575,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 1.79% Airbnb Rental Income: $2007 Traditional Rental Income: $1774 Airbnb ROI: 1.25% Traditional ROI: 1.79%
150 COUNTY RD 4232 CRANE HILL, AL Smith Lake (Rock Creek) Sky Cabin is truly an Heirloom property on Smith Lake. Flawless an...	5 beds \| 5 baths \| 3,629 sq.ft.	$2,399,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 1.19% Airbnb Rental Income: $1529 Traditional Rental Income: $5298 Airbnb ROI: -0.7% Traditional ROI: 1.19%
64 FINCH Rd CRANE HILL, AL Point lot on Crane Hill Side of Rock Creek. Over water Sunrise and sunset views from lakes...	4 beds \| 4 baths \| 3,142 sq.ft.	$1,095,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 2.99% Airbnb Rental Income: $1633 Traditional Rental Income: $4268 Airbnb ROI: -0.05% Traditional ROI: 2.99%
202 COUNTY ROAD 327 CRANE HILL, AL Smith Lake (Ryan Creek) Location location location! Right off CR222 and only minutes from ...	5 beds \| 4 baths \| 3,120 sq.ft.	$1,150,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.27% Airbnb Rental Income: $1529 Traditional Rental Income: $3802 Airbnb ROI: -0.27% Traditional ROI: 2.27%
350 POINT WILLIAM Ln CRANE HILL, AL Smith Lake (Crooked Creek) A true lake feel right on the water! Includes an additional lot...	4 beds \| 4 baths \| 2,136 sq.ft.	$1,299,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.97% Airbnb Rental Income: $1633 Traditional Rental Income: $3268 Airbnb ROI: -0.76% Traditional ROI: 0.97%
21315 Co Rd 222 CRANE HILL, AL Possible Owner Financing with 20% down, 30 Amortization, 3 year balloon and Interest rate ...	4 beds \| 4 baths \| 8,796 sq.ft.	$2,499,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.35% Airbnb Rental Income: $1633 Traditional Rental Income: $3517 Airbnb ROI: -0.66% Traditional ROI: 0.35%
510 Co Rd 901 CRANE HILL, AL Smith Lake waterfront in desirable Crane Hill with approximately 99 feet of deeded shoreli...	3 beds \| 2 baths \| 2,073 sq.ft.	$749,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.83% Airbnb Rental Income: $2007 Traditional Rental Income: $2294 Airbnb ROI: 0.67% Traditional ROI: 1.83%
204 COUNTY ROAD 96, UNIT 103 CRANE HILL, AL Smith Lake (Waterford Condominiums) A rare offering of a ground floor walk out unit at thi...	3 beds \| 2 baths \| 1,566 sq.ft.	$599,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.2% Airbnb Rental Income: $2007 Traditional Rental Income: $2013 Airbnb ROI: 1.25% Traditional ROI: 2.2%
21416 COUNTY ROAD 222 CRANE HILL, AL Location, Location, Location!! This property has approximately 1000 feet of waterfront tha...	2 beds \| 1 baths \| 668 sq.ft.	$1,100,000	Airbnb cash on cash: -0.73% Traditional cash on cash: -0.35% Airbnb Rental Income: $775 Traditional Rental Income: $841 Airbnb ROI: -0.73% Traditional ROI: -0.35%
19 COUNTY ROAD 231 CRANE HILL, AL Smith Lake (Rock Creek) A neat cottage getaway on the popular Rock Creek section of the La...	2 beds \| 2 baths \| 1,188 sq.ft.	$279,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 6.05% Airbnb Rental Income: $775 Traditional Rental Income: $2047 Airbnb ROI: 0.02% Traditional ROI: 6.05%
930 COUNTY ROAD 175 CRANE HILL, AL Smith Lake (Main Channel) Furnished luxury lake living with no compromises. This home does...	4 beds \| 5 baths \| 4,927 sq.ft.	$1,799,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.28% Airbnb Rental Income: $1633 Traditional Rental Income: $4225 Airbnb ROI: -0.55% Traditional ROI: 1.28%
277 COUNTY ROAD 172 CRANE HILL, AL Enjoy Smith Lake living in this beautifully maintained, fully furnished waterfront home fe...	3 beds \| 4 baths \| 2,806 sq.ft.	$899,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.08% Airbnb Rental Income: $2007 Traditional Rental Income: $2126 Airbnb ROI: 0.31% Traditional ROI: 1.08%
622 CO RD 175 CRANE HILL, AL Smith Lake/ Crane Hill - Custom home located in prestigious Lake Shore West. This 5 bedro...	5 beds \| 5 baths \| 4,500 sq.ft.	$1,790,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.69% Airbnb Rental Income: $1529 Traditional Rental Income: $5247 Airbnb ROI: -0.81% Traditional ROI: 1.69%
191 COUNTY ROAD 215 CRANE HILL, AL Smith Lake (Ryan Creek) One of the most desired and convenient locations on the entire lak...	5 beds \| 5 baths \| 5,100 sq.ft.	$1,499,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 1.27% Airbnb Rental Income: $1529 Traditional Rental Income: $3848 Airbnb ROI: -0.71% Traditional ROI: 1.27%
980 COUNTY ROAD 941 CRANE HILL, AL Smith Lake (Crooked Creek) A 3BR/2BA rustic lake cottage sitting right on the water! You w...	3 beds \| 2 baths \| 836 sq.ft.	$339,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.5% Airbnb Rental Income: $2007 Traditional Rental Income: $1564 Airbnb ROI: 3.25% Traditional ROI: 3.5%
61 COUNTY RD 2025 CRANE HILL, AL Smith Lake (Ryan Creek) Stunning 5BR/4.5BA craftsman nestled in the prestigious Bear Pen C...	5 beds \| 5 baths \| 4,016 sq.ft.	$3,299,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.04% Airbnb Rental Income: $1529 Traditional Rental Income: $3995 Airbnb ROI: -0.91% Traditional ROI: 0.04%
121 COUNTY ROAD 378 CRANE HILL, AL Smith Lake (Ryan Creek) An ideal location and a prime piece of waterfront! Sitting just ab...	3 beds \| 3 baths \| 3,312 sq.ft.	$1,150,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 0.51% Airbnb Rental Income: $2007 Traditional Rental Income: $2131 Airbnb ROI: -0.1% Traditional ROI: 0.51%
14884 County Road 222 CRANE HILL, AL Near Smith Lake - Located in Crane Hill - Partially Historical building. The original part...	3 beds \| 1 baths \| 1,980 sq.ft.	$159,000	Airbnb cash on cash: 7.93% Traditional cash on cash: 9.44% Airbnb Rental Income: $2007 Traditional Rental Income: $1713 Airbnb ROI: 7.93% Traditional ROI: 9.44%
294 COUNTY ROAD 907 CRANE HILL, AL Well-maintained Smith Lake home offering 4 bedrooms, 3 full baths, and 2 half baths, desig...	4 beds \| 5 baths \| 3,400 sq.ft.	$975,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 1.09% Airbnb Rental Income: $1633 Traditional Rental Income: $2107 Airbnb ROI: 0.06% Traditional ROI: 1.09%
54 CO RD 225 CRANE HILL, AL Experience lake front living in this 4-bedroom, 3-bathroom Townhome. Nestled in a serene c...	4 beds \| 3 baths \| 2,500 sq.ft.	$399,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 5.14% Airbnb Rental Income: $1633 Traditional Rental Income: $2543 Airbnb ROI: 1.48% Traditional ROI: 5.14%
81 CO RD 904 CRANE HILL, AL Smith Lake/Rock Creek -- Some lake homes are nice... and then there are the ones you never...	4 beds \| 4 baths \| 2,500 sq.ft.	$969,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 2.34% Airbnb Rental Income: $1633 Traditional Rental Income: $3369 Airbnb ROI: -0.1% Traditional ROI: 2.34%
594 CO RD 175 CRANE HILL, AL Nestled in the prestigious Lakeshore West Community on the serene shores of Smith Lake, th...	5 beds \| 5 baths \| 4,500 sq.ft.	$1,325,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.77% Airbnb Rental Income: $1529 Traditional Rental Income: $5237 Airbnb ROI: -0.6% Traditional ROI: 2.77%
238 COUNTY ROAD 373 CRANE HILL, AL Smith Lake (Ryan Creek) Looking to be close to the action but tucked away from the main ch...	4 beds \| 3 baths \| 3,600 sq.ft.	$939,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.67% Airbnb Rental Income: $1633 Traditional Rental Income: $2758 Airbnb ROI: -0.14% Traditional ROI: 1.67%
663 COUNTY ROAD 2021 CRANE HILL, AL Smith Lake (Ryan Creek) 5BR/3.5BA custom built lake home designed by McAlpine Tankersly. S...	5 beds \| 4 baths \| 3,910 sq.ft.	$1,999,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.8% Airbnb Rental Income: $1529 Traditional Rental Income: $3933 Airbnb ROI: -0.73% Traditional ROI: 0.8%
59 COUNTY ROAD 2022 CRANE HILL, AL Smith Lake (Bear Pen) A true custom build in one of the most prestigious and desired areas...	5 beds \| 5 baths \| 4,825 sq.ft.	$2,499,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.63% Airbnb Rental Income: $1529 Traditional Rental Income: $4134 Airbnb ROI: -0.69% Traditional ROI: 0.63%
128 TURTLE POINT Dr CRANE HILL, AL Smith Lake (Silverock Cove): Have the advantage of carefree lake living in the stunning Si...	3 beds \| 3 baths \| 1,900 sq.ft.	$599,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.76% Airbnb Rental Income: $2007 Traditional Rental Income: $2383 Airbnb ROI: 0.15% Traditional ROI: 1.76%
501 COUNTY ROAD 2010 CRANE HILL, AL Stunning contemporary farmhouse-style lake home with over 7,000 sf under roof and 4766 sf ...	4 beds \| 5 baths \| 4,766 sq.ft.	$2,790,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.79% Airbnb Rental Income: $1633 Traditional Rental Income: $5782 Airbnb ROI: -0.99% Traditional ROI: 0.79%
77 COUNTY RD 2025 CRANE HILL, AL Smith Lake (Bear Pen Cove) A dream property to own! This lakefront lot was hand picked by ...	5 beds \| 5 baths \| 3,800 sq.ft.	$2,099,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.98% Airbnb Rental Income: $1529 Traditional Rental Income: $6090 Airbnb ROI: -0.58% Traditional ROI: 1.98%
118 CO RD 123 CRANE HILL, AL Smith Lake / Crane Hill - REDUCED and the Location of Lakeshore West without the HOA! An i...	5 beds \| 6 baths \| 5,200 sq.ft.	$1,650,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.19% Airbnb Rental Income: $1529 Traditional Rental Income: $8270 Airbnb ROI: -0.5% Traditional ROI: 4.19%
153 COUNTY ROAD 378 CRANE HILL, AL Smith Lake (Ryan Creek) waterfront home on 2 lots totaling ~3.6 acres with 230+ ft of year...	4 beds \| 3 baths \| 3,840 sq.ft.	$850,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.26% Airbnb Rental Income: $1633 Traditional Rental Income: $2815 Airbnb ROI: 0.18% Traditional ROI: 2.26%
480 COUNTY ROAD 901 CRANE HILL, AL Smith Lake (Rock Creek) Timeless design and style! This 4BR/3BA cottage is nestled in a wo...	4 beds \| 3 baths \| 1,782 sq.ft.	$889,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.37% Airbnb Rental Income: $1633 Traditional Rental Income: $2188 Airbnb ROI: 0.14% Traditional ROI: 1.37%
170 COUNTY ROAD 448 CRANE HILL, AL This stunning home offers expansive views of Smith Lake, capturing both sunrise and sunset...	5 beds \| 4 baths \| 4,350 sq.ft.	$2,399,500	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.62% Airbnb Rental Income: $1529 Traditional Rental Income: $3944 Airbnb ROI: -0.66% Traditional ROI: 0.62%
540 CO RD 175 CRANE HILL, AL This exceptional 5-bedroom lake retreat in the highly coveted Lake Shore West Community is...	5 beds \| 4 baths \| 4,323 sq.ft.	$1,149,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.16% Airbnb Rental Income: $1529 Traditional Rental Income: $3901 Airbnb ROI: -0.48% Traditional ROI: 2.16%
175 COUNTY ROAD 115 CRANE HILL, AL Smith Lake (Lakeshore West) A waterfront lot you must see in person to appreciate. Absolut...	4 beds \| 4 baths \| 3,572 sq.ft.	$1,549,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.31% Airbnb Rental Income: $1633 Traditional Rental Income: $3851 Airbnb ROI: -0.55% Traditional ROI: 1.31%
368 COUNTY ROAD 193 CRANE HILL, AL LUXURIOUS SMITH LAKE ESTATE: 6 ACRES, 400+/- FT SHORELINEExperience the best of both world...	4 beds \| 3 baths \| 3,300 sq.ft.	$1,075,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.86% Airbnb Rental Income: $1633 Traditional Rental Income: $3132 Airbnb ROI: -0.1% Traditional ROI: 1.86%
204 COUNTY ROAD 96, UNIT 404 CRANE HILL, AL Smith Lake (Waterford Condominiums) An opportunity to purchase one of the top floor at thi...	3 beds \| 2 baths \| 1,566 sq.ft.	$635,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 1.95% Airbnb Rental Income: $2007 Traditional Rental Income: $2056 Airbnb ROI: 0.98% Traditional ROI: 1.95%
791 COUNTY ROAD 337 CRANE HILL, AL Smith Lake (Cullman Side) An absolute wow property with some of the best views you can fin...	5 beds \| 4 baths \| 3,416 sq.ft.	$1,299,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.95% Airbnb Rental Income: $1529 Traditional Rental Income: $4009 Airbnb ROI: -0.47% Traditional ROI: 1.95%
204 COUNTY ROAD 96 UNIT 104 CRANE HILL, AL Smith Lake - Waterford Condominiums. Lets talk about easy lake living! This bottom level C...	3 beds \| 2 baths \| 1,566 sq.ft.	$599,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.35% Airbnb Rental Income: $2007 Traditional Rental Income: $2059 Airbnb ROI: 1.32% Traditional ROI: 2.35%

Real Estate investment in Crane-hill, AL

There are 76 properties for sale in the city of Crane Hill . The median list price in Crane Hill is $1,097,000 and the average price per square foot is $342. In June 2026, the average monthly cash on cash return in Crane Hill is 2.00%. The average monthly rental income in Crane Hill is $3,365.

Crane-hill, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 76 investment properties available for sale in Crane-hill.

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

The ROI for Short-Term is higher than the Long-Term in Crane-hill with average rental income of $1,633.

Your search for investment property begins and ends here

Investment Property for Sale in Crane Hill, AL

20 Waterdog Drive

CRANE HILL, AL

4 beds | 4 baths | 2,200 sq.ft.

$915,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $1633

Traditional Rental Income: $3306

Airbnb ROI: -0.14%

Traditional ROI: 2.36%

21315 COUNTY RD 222

CRANE HILL, AL

4 beds | 4 baths | 8,796 sq.ft.

$2,599,900

Airbnb cash on cash: -0.68%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $1633

Traditional Rental Income: $3480

Airbnb ROI: -0.68%

Traditional ROI: 0.28%

204 COUNTY ROAD 96 UNIT 203

CRANE HILL, AL

3 beds | 2 baths | 1,566 sq.ft.

$575,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $2007

Traditional Rental Income: $1774

Airbnb ROI: 1.25%

Traditional ROI: 1.79%

150 COUNTY RD 4232

CRANE HILL, AL

5 beds | 5 baths | 3,629 sq.ft.

$2,399,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 1.19%

Airbnb Rental Income: $1529

Traditional Rental Income: $5298

Airbnb ROI: -0.7%

Traditional ROI: 1.19%

64 FINCH Rd

CRANE HILL, AL

4 beds | 4 baths | 3,142 sq.ft.

$1,095,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $1633

Traditional Rental Income: $4268

Airbnb ROI: -0.05%

Traditional ROI: 2.99%

202 COUNTY ROAD 327

CRANE HILL, AL

5 beds | 4 baths | 3,120 sq.ft.

$1,150,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $1529

Traditional Rental Income: $3802

Airbnb ROI: -0.27%

Traditional ROI: 2.27%

350 POINT WILLIAM Ln

CRANE HILL, AL

4 beds | 4 baths | 2,136 sq.ft.

$1,299,000

Airbnb cash on cash: -0.76%

Traditional cash on cash: 0.97%

Airbnb Rental Income: $1633

Traditional Rental Income: $3268

Airbnb ROI: -0.76%

Traditional ROI: 0.97%

21315 Co Rd 222

CRANE HILL, AL

4 beds | 4 baths | 8,796 sq.ft.

$2,499,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 0.35%

Airbnb Rental Income: $1633

Traditional Rental Income: $3517

Airbnb ROI: -0.66%