Real Estate Investment Properties for Sale in Rainbow City, AL

Looking for investment property in Rainbow City, AL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
109 Westminster Drive RAINBOW CITY, AL Westminster!!! Move in READY Across from Westbrook Christian School. Beautifully updated, ...	4 beds \| 4 baths \| 3,002 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 4.15%
526 Diversey Street RAINBOW CITY, AL Looking for your starter home, or good location, this one is waiting for you in Rainbow Ci...	3 beds \| 2 baths \| 1,739 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.84% Airbnb Rental Income: $null Traditional Rental Income: $2206 Airbnb ROI: N/A Traditional ROI: 8.84%
207 Hummingbird Way RAINBOW CITY, AL RAINBOW CITY \| CUSTOM \| PRIVACY \| BASEMENT/FLEX SPACE \| Gorgeous one owner ALL BRICK 5BDRM...	5 beds \| 4 baths \| 4,822 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $3470 Airbnb ROI: N/A Traditional ROI: 4.83%
514 DIVERSEY STREET RAINBOW CITY, AL VA-FRIENDLY OPPORTUNITY! This inviting Rainbow City home is tucked away on a quiet dead-en...	3 beds \| 3 baths \| N/A	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.62% Airbnb Rental Income: $null Traditional Rental Income: $2103 Airbnb ROI: N/A Traditional ROI: 7.62%
5351 Lister Ferry Road RAINBOW CITY, AL RAINBOW CITY \|WATERFRONT \| BIG WATER \| FLEX SPACE- Beautifully renovated 4BDRM/3BTH family...	4 beds \| 3 baths \| 3,098 sq.ft.	$674,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $3424 Airbnb ROI: N/A Traditional ROI: 4.08%
200 Canoe Creek Road RAINBOW CITY, AL Rainbow City waterfront on Canoe Creek with the full setup. A private boat ramp, private b...	3 beds \| 3 baths \| 3,016 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $3256 Airbnb ROI: N/A Traditional ROI: 3.72%
208 Seville Lane RAINBOW CITY, AL Welcome to Rainbow City! This completely remodeled home is just waiting for you! Offering ...	3 beds \| 2 baths \| 1,500 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $2144 Airbnb ROI: N/A Traditional ROI: 6.67%
501 Shane Lane RAINBOW CITY, AL This well-designed home offers the perfect setup for families needing space and flexibilit...	5 beds \| 4 baths \| 2,629 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.29% Airbnb Rental Income: $null Traditional Rental Income: $3062 Airbnb ROI: N/A Traditional ROI: 7.29%
303 Autumnwood Lane RAINBOW CITY, AL Rainbow City - Great Location & Move-In Ready! Well-maintained 3 bedroom, 2 bath garden ho...	3 beds \| 2 baths \| 1,334 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.66% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 10.66%
538 Josh Street RAINBOW CITY, AL Stunning home on quiet & private dead end street with endless possibilities in Rainbow Cit...	3 beds \| 2 baths \| 2,016 sq.ft.	$259,999	Airbnb cash on cash: N/A Traditional cash on cash: 8.67% Airbnb Rental Income: $null Traditional Rental Income: $2514 Airbnb ROI: N/A Traditional ROI: 8.67%
1980 Riddles Bend Road RAINBOW CITY, AL Looking for space to spread out? This full brick 2104 sq ft +/- 3-bedroom, 2 full bath hom...	3 beds \| 2 baths \| 2,194 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $2434 Airbnb ROI: N/A Traditional ROI: 7.49%
390 Indian Lake Drive RAINBOW CITY, AL Stunning Lakefront Home on the Coosa River in Riddles Bend with 100 ft. of river frontage....	5 beds \| 5 baths \| 3,123 sq.ft.	$819,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $4996 Airbnb ROI: N/A Traditional ROI: 5.01%
202 Helen Street RAINBOW CITY, AL Welcome to 201 Helen Ave, a beautifully maintained 3-bed, 2-bath home in Rainbow City offe...	3 beds \| 2 baths \| 1,733 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2250 Airbnb ROI: N/A Traditional ROI: 7.4%
50 BRIARCLIFF POINT RAINBOW CITY, AL Experience waterfront living at an incredible new price. This beautifully renovated 3BR/2B...	3 beds \| 2 baths \| N/A	$408,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2514 Airbnb ROI: N/A Traditional ROI: 4.92%
204 Seville Lane RAINBOW CITY, AL Welcome home to this 2409 Sq Ft +/-, 4-bedroom, 3-bath ranch-style home that perfectly ble...	4 beds \| 3 baths \| 2,409 sq.ft.	$283,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.41% Airbnb Rental Income: $null Traditional Rental Income: $2712 Airbnb ROI: N/A Traditional ROI: 8.41%
351 Canoe Creek Road RAINBOW CITY, AL This newly renovated modern 1 story home located on Neely Henry Lake features 4 large bedr...	4 beds \| 3 baths \| 2,796 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.58% Airbnb Rental Income: $null Traditional Rental Income: $2678 Airbnb ROI: N/A Traditional ROI: 2.58%
407 Bay Point Drive RAINBOW CITY, AL Check out this gorgeous newly remodeled lakefront home! This 3-bedroom, 3.5-bath property ...	3 beds \| 4 baths \| 2,866 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.84% Airbnb Rental Income: $null Traditional Rental Income: $2867 Airbnb ROI: N/A Traditional ROI: 2.84%
109 Red Barn Road RAINBOW CITY, AL RAINBOW CITY \| COVERED BRIDGE \| 2 LOTS \| CUL DE SAC \| ONE OWNER Beautiful & Classic all br...	3 beds \| 3 baths \| 2,911 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2697 Airbnb ROI: N/A Traditional ROI: 6.07%
847 Rainbow Haven RAINBOW CITY, AL Under Construction-Proposed new construction on the shores of Lake Neely Henry, this 3-bed...	3 beds \| 3 baths \| 2,200 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $2667 Airbnb ROI: N/A Traditional ROI: 2.9%
109 Covered Bridge Rd RAINBOW CITY, AL Fantastic Location, Wonderful Family Home! Welcome to this spacious 3-bedroom, 2-bath home...	3 beds \| 2 baths \| 2,200 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.24% Airbnb Rental Income: $null Traditional Rental Income: $2495 Airbnb ROI: N/A Traditional ROI: 7.24%
108 S Hawk Drive RAINBOW CITY, AL LOCATION LOCATION! Come see this 3 or 4 Bedroom home in the heart of Rainbow City! HUGE lo...	3 beds \| 2 baths \| 2,222 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $2383 Airbnb ROI: N/A Traditional ROI: 7.27%
102 Ilene Street RAINBOW CITY, AL Rainbow City- Welcome to this charming 3-bedroom, 2-bath home, ideally situated on a flat ...	3 beds \| 2 baths \| 1,656 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.16% Airbnb Rental Income: $null Traditional Rental Income: $2219 Airbnb ROI: N/A Traditional ROI: 8.16%
5928 Lister Ferry Rd RAINBOW CITY, AL 5928 Lister Ferry Rd, RAINBOW CITY, AL 35906 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 6.59% Airbnb Rental Income: $409 Traditional Rental Income: $871 Airbnb ROI: -0.81% Traditional ROI: 6.59%
1252 Canoe Creek Road RAINBOW CITY, AL Quiet, Serene, Tucked into beautiful hardwoods, but only minutes from the business area. E...	5 beds \| 4 baths \| 3,374 sq.ft.	$839,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $3454 Airbnb ROI: N/A Traditional ROI: 2.89%
314 Asher Drive RAINBOW CITY, AL Welcome home to this beautiful new construction in the desirable Capstone subdivision of R...	3 beds \| 2 baths \| 1,775 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $3534 Airbnb ROI: N/A Traditional ROI: 9.06%
502 Lee Drive RAINBOW CITY, AL Updated 3 Bedroom, 2 Bath brick rancher in Rainbow City! Large Master with beautiful ensui...	3 beds \| 2 baths \| 2,553 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.98% Airbnb Rental Income: $null Traditional Rental Income: $3534 Airbnb ROI: N/A Traditional ROI: 9.98%

Real Estate investment in Rainbow-city, AL

There are 26 properties for sale in the city of Rainbow City . The median list price in Rainbow City is $349,900 and the average price per square foot is $135. In March 2026, the average monthly cash on cash return in Rainbow City is 7.00%. The average monthly rental income in Rainbow City is $2,514.

Rainbow-city, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 26 investment properties available for sale in Rainbow-city.

In 2026, the best neighborhood to buy investment property is RAINBOW CITY.

The ROI for Long-Term is higher than the Short-Term in Rainbow-city with average rental income of $2,514.

Your search for investment property begins and ends here

Investment Property for Sale in Rainbow City, AL

109 Westminster Drive

RAINBOW CITY, AL

4 beds | 4 baths | 3,002 sq.ft.

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2358

Airbnb ROI: N/A

Traditional ROI: 4.15%

526 Diversey Street

RAINBOW CITY, AL

3 beds | 2 baths | 1,739 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2206

Airbnb ROI: N/A

Traditional ROI: 8.84%

207 Hummingbird Way

RAINBOW CITY, AL

5 beds | 4 baths | 4,822 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.83%

Airbnb Rental Income: $null

Traditional Rental Income: $3470

Airbnb ROI: N/A

Traditional ROI: 4.83%

514 DIVERSEY STREET

RAINBOW CITY, AL

3 beds | 3 baths | N/A

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2103

Airbnb ROI: N/A

Traditional ROI: 7.62%

5351 Lister Ferry Road

RAINBOW CITY, AL

4 beds | 3 baths | 3,098 sq.ft.

$674,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.08%

Airbnb Rental Income: $null

Traditional Rental Income: $3424

Airbnb ROI: N/A

Traditional ROI: 4.08%

200 Canoe Creek Road

RAINBOW CITY, AL

3 beds | 3 baths | 3,016 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3256

Airbnb ROI: N/A

Traditional ROI: 3.72%

208 Seville Lane

RAINBOW CITY, AL

3 beds | 2 baths | 1,500 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.67%

Airbnb Rental Income: $null

Traditional Rental Income: $2144

Airbnb ROI: N/A

Traditional ROI: 6.67%

501 Shane Lane

RAINBOW CITY, AL

5 beds | 4 baths | 2,629 sq.ft.

$370,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3062

Airbnb ROI: N/A