Real Estate Investment Properties for Sale in Lillian, AL

Looking for investment property in Lillian, AL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10702 Mahogany Lane LILLIAN, AL Welcome home!!! This inviting 4 bedroom, 2 bath home with a 2 car garage and almost half-a...	4 beds \| 2 baths \| 1,924 sq.ft.	$385,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.21% Airbnb Rental Income: $1545 Traditional Rental Income: $2124 Airbnb ROI: 1.37% Traditional ROI: 4.21%
2757 Manuel Dr LILLIAN, AL Beautifully Remodeled Brick Home in Spanish Cove on .26 acres. Welcome to this FULLY REMOD...	3 beds \| 2 baths \| 1,966 sq.ft.	$329,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.38% Airbnb Rental Income: $1419 Traditional Rental Income: $1970 Airbnb ROI: 1.23% Traditional ROI: 4.38%
741 Buena Vista Drive LILLIAN, AL Come bring your suitcase! Fully furnished down to sheets & towels, dishes etc. This great ...	1 beds \| 2 baths \| 922 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $1264 Airbnb ROI: N/A Traditional ROI: 5.78%
600 Buena Vista Drive LILLIAN, AL Discover this charming coastal gem, a 1-bedroom, 1-bath home situated on 2 lots surrounded...	1 beds \| 1 baths \| 550 sq.ft.	$133,300	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $1040 Airbnb ROI: N/A Traditional ROI: 5.35%
77 Horn Drive LILLIAN, AL Check out this beautifully updated home located in the Land Harbor area of Spanish Cove! S...	1 beds \| 1 baths \| 924 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $1256 Airbnb ROI: N/A Traditional ROI: 4.12%
1937 Ridgewood Drive LILLIAN, AL Enjoy the relaxed coastal lifestyle in this beautifully maintained 3-bedroom, 2-bath home ...	3 beds \| 2 baths \| 1,216 sq.ft.	$169,900	Airbnb cash on cash: 3.67% Traditional cash on cash: 7.02% Airbnb Rental Income: $1419 Traditional Rental Income: $1536 Airbnb ROI: 3.67% Traditional ROI: 7.02%
2870 Avenida Alberto LILLIAN, AL Back on the market, no fault of its own! Current home inspection available and it shows t...	2 beds \| 2 baths \| 1,540 sq.ft.	$295,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 0.93% Airbnb Rental Income: $1785 Traditional Rental Income: $1614 Airbnb ROI: -0.2% Traditional ROI: 0.93%
33621 Rosalia Avenue LILLIAN, AL This charming brick ranch, less than a mile from the bay, features a spacious split floorp...	4 beds \| 3 baths \| 1,755 sq.ft.	$395,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.81% Airbnb Rental Income: $1545 Traditional Rental Income: $1899 Airbnb ROI: 1.65% Traditional ROI: 3.81%
352 Buena Vista Drive LILLIAN, AL Charming Coastal Cottage in Spanish Cove â Move-In Ready!Welcome to the cutest cottage i...	2 beds \| 2 baths \| 720 sq.ft.	$149,900	Airbnb cash on cash: 6.99% Traditional cash on cash: 6.14% Airbnb Rental Income: $1785 Traditional Rental Income: $1176 Airbnb ROI: 6.99% Traditional ROI: 6.14%
297 Buena Vista Circle LILLIAN, AL Fall in love with this adorable one-bedroom, one-bath cottage tucked away in the sought-af...	1 beds \| 1 baths \| N/A	$168,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.82% Airbnb Rental Income: $null Traditional Rental Income: $801 Airbnb ROI: N/A Traditional ROI: 2.82%
32884 Bay Drive W LILLIAN, AL Welcome to this beautifully maintained 3-bedroom, 2-bath all-brick home offering nearly 1,...	3 beds \| 2 baths \| N/A	$355,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.83% Airbnb Rental Income: $1419 Traditional Rental Income: $2057 Airbnb ROI: 1.64% Traditional ROI: 4.83%
35868 Boykin Blvd LILLIAN, AL Welcome to your waterfront oasis with this Bayfront Home complete with multiple decks, pie...	3 beds \| 4 baths \| 2,176 sq.ft.	$1,250,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.29% Airbnb Rental Income: $1419 Traditional Rental Income: $3226 Airbnb ROI: -0.63% Traditional ROI: 1.29%
33471 US Highway 98 LILLIAN, AL Gulf Coast log cabin on 5 acres, offering approx. 4,000 sq ft heated/cooled and 6,500Â± sq...	4 beds \| 3 baths \| 3,634 sq.ft.	$595,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.92% Airbnb Rental Income: $1545 Traditional Rental Income: $2412 Airbnb ROI: 0.55% Traditional ROI: 2.92%
12181 Perdido Street LILLIAN, AL Just a short drive from Pensacola, Foley, and the sugar-white beaches of the Gulf Coast, t...	5 beds \| 2 baths \| 2,560 sq.ft.	$294,450	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: 7.05%
1598 Matias Drive LILLIAN, AL Welcome home to this beautifully renovated, traditional home in sought after Spanish Cove....	2 beds \| 2 baths \| 1,256 sq.ft.	$239,500	Airbnb cash on cash: 3.78% Traditional cash on cash: 3.7% Airbnb Rental Income: $1785 Traditional Rental Income: $1281 Airbnb ROI: 3.78% Traditional ROI: 3.7%
9589 Perdido Vista Drive LILLIAN, AL No HOA-Long Term and Short Term rentals permitted. Investors Welcome! Come see your dream...	3 beds \| 3 baths \| 2,353 sq.ft.	$845,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.35% Airbnb Rental Income: $1419 Traditional Rental Income: $2263 Airbnb ROI: -0.26% Traditional ROI: 1.35%
1561 Valencia Drive LILLIAN, AL The property features a bright and airy single-wide mobile home with two bedrooms and two ...	2 beds \| 2 baths \| 980 sq.ft.	$129,900	Airbnb cash on cash: 8.51% Traditional cash on cash: 9.03% Airbnb Rental Income: $1785 Traditional Rental Income: $1363 Airbnb ROI: 8.51% Traditional ROI: 9.03%
33162 Gilley Road LILLIAN, AL This updated 3-bedroom, 2-bathroom mobile home sits on a spacious Â±0.7 acre lot in the qu...	3 beds \| 2 baths \| 1,296 sq.ft.	$139,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 10.04% Airbnb Rental Income: $1419 Traditional Rental Income: $1604 Airbnb ROI: 5.47% Traditional ROI: 10.04%
34690 Barclay Avenue LILLIAN, AL Be the first to check out this 3 bedroom two bath manufactured home. A perfect location t...	3 beds \| 2 baths \| 1,140 sq.ft.	$199,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 5.9% Airbnb Rental Income: $1419 Traditional Rental Income: $1481 Airbnb ROI: 3.34% Traditional ROI: 5.9%
1225 Chagrin Drive LILLIAN, AL Welcome to this beautifully updated coastal cottage with RV and Boat Parking, offering a p...	3 beds \| 1 baths \| 1,116 sq.ft.	$147,900	Airbnb cash on cash: 4.94% Traditional cash on cash: 6.55% Airbnb Rental Income: $1419 Traditional Rental Income: $1221 Airbnb ROI: 4.94% Traditional ROI: 6.55%
3090 Camino Real Loop LILLIAN, AL Welcome to this 4 bedroom, 2 bath coastal cottage nestled in the beautiful neighborhood of...	4 beds \| 2 baths \| 1,895 sq.ft.	$305,700	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.05% Airbnb Rental Income: $1545 Traditional Rental Income: $1987 Airbnb ROI: 1.96% Traditional ROI: 5.05%
9459 Soldier Creek Road LILLIAN, AL Tastefully remodeled Soldier's Creek Front Cottage with 99' of water frontage. Amazing s...	2 beds \| 2 baths \| 1,154 sq.ft.	$999,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 0.4% Airbnb Rental Income: $1785 Traditional Rental Income: $1526 Airbnb ROI: 0.15% Traditional ROI: 0.4%
1692 Santa Cruz Drive LILLIAN, AL SELLER MOTIVATED - Charming 2BR/2BA Home in Sought-After Spanish Cove! Discover the perfec...	2 beds \| 2 baths \| 1,344 sq.ft.	$185,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 6.76% Airbnb Rental Income: $1785 Traditional Rental Income: $1471 Airbnb ROI: 5.78% Traditional ROI: 6.76%
1766 Cristo Loop LILLIAN, AL PRICE REDUCTION! Charming Coastal Retreat in Spanish Cove â A Must See! Nestled in a pri...	3 beds \| 2 baths \| 1,920 sq.ft.	$214,900	Airbnb cash on cash: 3.2% Traditional cash on cash: 7.43% Airbnb Rental Income: $1419 Traditional Rental Income: $1854 Airbnb ROI: 3.2% Traditional ROI: 7.43%
222 Defuniak Loop LILLIAN, AL Beautifully remodeled home in Spanish Cove, Lillian, Al. This is an RV that has been buil...	2 beds \| 2 baths \| 985 sq.ft.	$149,900	Airbnb cash on cash: 7.31% Traditional cash on cash: 7.45% Airbnb Rental Income: $1785 Traditional Rental Income: $1319 Airbnb ROI: 7.31% Traditional ROI: 7.45%
615 Escambia Loop LILLIAN, AL Nestled in the highly sought-after Spanish Cove subdivision, this recently updated cottage...	1 beds \| 1 baths \| 432 sq.ft.	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $836 Airbnb ROI: N/A Traditional ROI: 7.27%
32771 Antietam Road LILLIAN, AL Escape to your own private luxury retreat, or discover an excellent development and invest...	4 beds \| 2 baths \| 2,062 sq.ft.	$1,200,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 0.96% Airbnb Rental Income: $1545 Traditional Rental Income: $2278 Airbnb ROI: -0.1% Traditional ROI: 0.96%
11080 County Road 99 LILLIAN, AL Experience waterfront serenity at its finest with this stunning 4-bedroom, 3-bathroom 3000...	4 beds \| 4 baths \| 3,750 sq.ft.	$1,750,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.97% Airbnb Rental Income: $1545 Traditional Rental Income: $3494 Airbnb ROI: -0.5% Traditional ROI: 0.97%
35788 Boykin Boulevard LILLIAN, AL 100â of coastal living on the beautiful Perdido Bay in Lillian, Al. Tranquil and spacio...	3 beds \| 3 baths \| 2,300 sq.ft.	$699,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.88% Airbnb Rental Income: $1419 Traditional Rental Income: $2889 Airbnb ROI: -0.03% Traditional ROI: 2.88%
398 Maria Dr LILLIAN, AL Back on the market after buyers financing fell through. Rare SPANISH COVE 3 LOTS! This s...	1 beds \| 1 baths \| 750 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $1054 Airbnb ROI: N/A Traditional ROI: 3.92%
13176 5th Street LILLIAN, AL Just steps from beautiful Perdido Bay, This stunning 2021 custom home is everything youâ...	2 beds \| 2 baths \| 1,159 sq.ft.	$310,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.54% Airbnb Rental Income: $1785 Traditional Rental Income: $1828 Airbnb ROI: 2.72% Traditional ROI: 4.54%
10675 Aloe Ln LILLIAN, AL Best Priced Home in Arbor Ridge! Welcome to this solid brick beauty tucked away on a quiet...	3 beds \| 2 baths \| 1,988 sq.ft.	$358,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.03% Airbnb Rental Income: $1419 Traditional Rental Income: $1939 Airbnb ROI: 1.22% Traditional ROI: 4.03%
32299 Terranova Loop LILLIAN, AL This 4 Bedroom 2 Full Bath home was the community Model Home. Super nice floor plan with a...	4 beds \| 2 baths \| 1,768 sq.ft.	$345,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 4.89% Airbnb Rental Income: $1545 Traditional Rental Income: $2073 Airbnb ROI: 1.88% Traditional ROI: 4.89%
32807 N Pickens Avenue LILLIAN, AL DRASTIC PRICE ADJUSTMENT!!! BEAUTIFUL HOME!!! FANTASTIC OPPORTUNITY AWAITS!!! Hearon Villa...	4 beds \| 2 baths \| 2,250 sq.ft.	$414,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.51% Airbnb Rental Income: $1545 Traditional Rental Income: $2256 Airbnb ROI: 1.53% Traditional ROI: 4.51%
1854 Suavez Drive LILLIAN, AL MOTIVATED SELLER!!! ALL OFFERS ARE WELCOMED. Spanish Cove is an amenity-rich, Bay, pool an...	3 beds \| 2 baths \| 1,568 sq.ft.	$209,900	Airbnb cash on cash: 3.35% Traditional cash on cash: 6.77% Airbnb Rental Income: $1419 Traditional Rental Income: $1673 Airbnb ROI: 3.35% Traditional ROI: 6.77%
2205 Club House Drive LILLIAN, AL OWNER MOTIVATED TO SELL. All offers considered-Bring Your Best Offer! Waterview Home. Grea...	4 beds \| 2 baths \| 2,515 sq.ft.	$429,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.58% Airbnb Rental Income: $1545 Traditional Rental Income: $2392 Airbnb ROI: 1.36% Traditional ROI: 4.58%
32563 Arbor Ridge Circle LILLIAN, AL Just completed new construction, and move-in ready! GOLD FORTIFIED home in Arbor Ridge Sub...	4 beds \| 3 baths \| 2,164 sq.ft.	$422,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.74% Airbnb Rental Income: $1545 Traditional Rental Income: $2393 Airbnb ROI: 1.47% Traditional ROI: 4.74%
30921 Howes Lane LILLIAN, AL NOT IN FLOOD ZONE! Over half the parcel is shown as not being in a flood zone. Incredibl...	3 beds \| 2 baths \| 1,389 sq.ft.	$629,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.56% Airbnb Rental Income: $1419 Traditional Rental Income: $1722 Airbnb ROI: 0.32% Traditional ROI: 1.56%
3166 Vista Del Mar Drive LILLIAN, AL Better than new! FENCE! 18x20 SHOP with a double gate for access! HUGE PATIO! This stunnin...	4 beds \| 2 baths \| 1,962 sq.ft.	$345,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.32% Airbnb Rental Income: $1545 Traditional Rental Income: $2144 Airbnb ROI: 2.09% Traditional ROI: 5.32%
1649 Del Rey Drive LILLIAN, AL Enjoy Coastal living at its best! Beautiful Large NEW Home- 2023-1700 sq ft with three-bed...	3 beds \| 2 baths \| 1,708 sq.ft.	$254,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 6.36% Airbnb Rental Income: $1419 Traditional Rental Income: $1886 Airbnb ROI: 2.65% Traditional ROI: 6.36%

Real Estate investment in Lillian, AL

There are 78 properties for sale in the city of Lillian . The median list price in Lillian is $275,000 and the average price per square foot is $169. In December 2025, the average monthly cash on cash return in Lillian is 5.00%. The average monthly rental income in Lillian is $1,819.

Lillian, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 78 investment properties available for sale in Lillian.

In 2025, the best neighborhood to buy investment property is LILLIAN.

The ROI for Long-Term is higher than the Short-Term in Lillian with average rental income of $1,819.

Your search for investment property begins and ends here

Investment Property for Sale in Lillian, AL

10702 Mahogany Lane

LILLIAN, AL

4 beds | 2 baths | 1,924 sq.ft.

$385,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1545

Traditional Rental Income: $2124

Airbnb ROI: 1.37%

Traditional ROI: 4.21%

2757 Manuel Dr

LILLIAN, AL

3 beds | 2 baths | 1,966 sq.ft.

$329,900

Airbnb cash on cash: 1.23%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1419

Traditional Rental Income: $1970

Airbnb ROI: 1.23%

Traditional ROI: 4.38%

741 Buena Vista Drive

LILLIAN, AL

1 beds | 2 baths | 922 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.78%

Airbnb Rental Income: $null

Traditional Rental Income: $1264

Airbnb ROI: N/A

Traditional ROI: 5.78%

600 Buena Vista Drive

LILLIAN, AL

1 beds | 1 baths | 550 sq.ft.

$133,300

Airbnb cash on cash: N/A

Traditional cash on cash: 5.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1040

Airbnb ROI: N/A

Traditional ROI: 5.35%

77 Horn Drive

LILLIAN, AL

1 beds | 1 baths | 924 sq.ft.

$220,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1256

Airbnb ROI: N/A

Traditional ROI: 4.12%

1937 Ridgewood Drive

LILLIAN, AL

3 beds | 2 baths | 1,216 sq.ft.

$169,900

Airbnb cash on cash: 3.67%

Traditional cash on cash: 7.02%

Airbnb Rental Income: $1419

Traditional Rental Income: $1536

Airbnb ROI: 3.67%

Traditional ROI: 7.02%

2870 Avenida Alberto

LILLIAN, AL

2 beds | 2 baths | 1,540 sq.ft.

$295,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $1785

Traditional Rental Income: $1614

Airbnb ROI: -0.2%

Traditional ROI: 0.93%

33621 Rosalia Avenue

LILLIAN, AL

4 beds | 3 baths | 1,755 sq.ft.

$395,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $1545

Traditional Rental Income: $1899

Airbnb ROI: 1.65%