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
108 River Point Drive RAINBOW CITY, AL REDUCED! Stunning 4BR/3BA home in the secluded River Point subdivision of Whorton Bend! ...	4 beds \| 3 baths \| 2,869 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.59% Airbnb Rental Income: $null Traditional Rental Income: $2889 Airbnb ROI: N/A Traditional ROI: 2.59%
1357 Canoe Creek Road RAINBOW CITY, AL This lovely home is situated on 11.5 +/- acres with 9 +/- acres fenced. This stunning 4 be...	4 beds \| 3 baths \| 3,100 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $3172 Airbnb ROI: N/A Traditional ROI: 5.9%
110 Sweetwater Lane RAINBOW CITY, AL RAINBOW CITY - Spacious Well-Maintained 2-Story Home located on private half acre lot in S...	5 beds \| 3 baths \| 2,868 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2975 Airbnb ROI: N/A Traditional ROI: 6.28%
201 Norwood Drive RAINBOW CITY, AL If you're looking for the perfect spot in Rainbow City, look no further! This 3BR/2BA (pl...	3 beds \| 2 baths \| 2,230 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.02% Airbnb Rental Income: $null Traditional Rental Income: $2652 Airbnb ROI: N/A Traditional ROI: 9.02%
335 Hill Street RAINBOW CITY, AL Magnificent Estate Home on 3.42 ac in Rainbow City, AL. This phenomenal custom built full ...	5 beds \| 6 baths \| 5,463 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $6454 Airbnb ROI: N/A Traditional ROI: 7.13%
955 Guy Lee Lake Road RAINBOW CITY, AL Stunning 4BR/5BA home located on beautiful Neely Henry Lake on the main channel with deep ...	4 beds \| 5 baths \| 4,500 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $5163 Airbnb ROI: N/A Traditional ROI: 5.38%
106 Yorkshire Place RAINBOW CITY, AL RAINBOW CITY- RENOVATED- Beautifully renovated 3BDRM/2BTH all brick family home strategica...	3 beds \| 2 baths \| 2,275 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.91% Airbnb Rental Income: $null Traditional Rental Income: $2688 Airbnb ROI: N/A Traditional ROI: 7.91%
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.	$238,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $2206 Airbnb ROI: N/A Traditional ROI: 8.08%
5509 Riddles Bend Road RAINBOW CITY, AL RIDDLES BEND- RENOVATED- HOME OFFICE- Beautiful 4 or 5BDRM/2.5BTH family home nestled on a...	4 beds \| 3 baths \| 2,623 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.62% Airbnb Rental Income: $null Traditional Rental Income: $2952 Airbnb ROI: N/A Traditional ROI: 7.62%
2220 Hickory Hills Drive RAINBOW CITY, AL Location, Location, Location!! This 2 story, ranch style home in the heart of Guntersville...	4 beds \| 3 baths \| 2,112 sq.ft.	$309,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.53% Airbnb Rental Income: $null Traditional Rental Income: $2658 Airbnb ROI: N/A Traditional ROI: 7.53%
618 Becky Allen Circle RAINBOW CITY, AL Rainbow City- Full brick 3 bedrooms, 1.5 bath home with hardwood flooring. This home also ...	3 beds \| 2 baths \| 1,435 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $1985 Airbnb ROI: N/A Traditional ROI: 8.09%
239 Riddles Bend Road RAINBOW CITY, AL Waterfront Property in RBC! Recently updated majority of property. This 3Bed/2Bath offers ...	3 beds \| 2 baths \| 1,450 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $2486 Airbnb ROI: N/A Traditional ROI: 4.66%
207 Hummingbird Way RAINBOW CITY, AL RAINBOW CITY- CUSTOM BUILT- PRIVATE- FINISHED BASEMENT- Gorgeous one owner ALL BRICK 5BDRM...	5 beds \| 4 baths \| 4,822 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $3470 Airbnb ROI: N/A Traditional ROI: 4.39%
421 Riverton Drive RAINBOW CITY, AL Looking for waterfront views? Look no further! Take a look at this adorable 4BD/2BA home l...	4 beds \| 2 baths \| 1,700 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 7.35%
829 Rainbow Haven RAINBOW CITY, AL Waterfront Rainbow City 1.2+/-acres of level gorgeous waterfront land with year round wa...	3 beds \| 3 baths \| 2,250 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $2988 Airbnb ROI: N/A Traditional ROI: 5.54%
310 Meadow Street RAINBOW CITY, AL Charming Garden Home in the Heart of Rainbow City - Move-In Ready! Welcome to your new oas...	3 beds \| 2 baths \| 1,200 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $1856 Airbnb ROI: N/A Traditional ROI: 8.45%
88 Sutton Circle RAINBOW CITY, AL Investment and income producing Opportunity in Rainbow City - 55 and up apartment complex,...	N/A beds \| N/A baths \| N/A	$1,700,000	Airbnb cash on cash: -1.15% Traditional cash on cash: -0.4% Airbnb Rental Income: $991 Traditional Rental Income: $1826 Airbnb ROI: -1.15% Traditional ROI: -0.4%
6349 Lister Ferry Road RAINBOW CITY, AL WATERFRONT- RAINBOW CITY- BIG WATER- RENOVATED- VIEWS- Beautiful 3 or 4BDRM/3.5BTH family ...	4 beds \| 3 baths \| 3,359 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $3052 Airbnb ROI: N/A Traditional ROI: 3.7%
251 Riddles Bend Road RAINBOW CITY, AL This stunning 4 bedroom 2 1/2 bath waterfront home has been beautifully remodeled and boas...	4 beds \| 3 baths \| 1,862 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $2627 Airbnb ROI: N/A Traditional ROI: 3.95%
308 Waldrop Road RAINBOW CITY, AL CHECK OUT THIS HOME SITUATED IN THE HEART OF RAINBOW CITY- ONLY MINUTES FROM EVERYTHING YO...	3 beds \| 2 baths \| 2,002 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.11% Airbnb Rental Income: $null Traditional Rental Income: $2488 Airbnb ROI: N/A Traditional ROI: 8.11%
870 Rainbow Haven RAINBOW CITY, AL Stunning 3-Bedroom, 2-Bath Home with Beautiful Lake Views This spacious home offers a ser...	3 beds \| 2 baths \| 3,150 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 6.14%
3957 Lister Ferry Road RAINBOW CITY, AL Donât miss out on this Rainbow City gem! This beautifully maintained 2 bed, 2 bath home ...	2 beds \| 2 baths \| 1,258 sq.ft.	$184,900	Airbnb cash on cash: 9.79% Traditional cash on cash: 9.19% Airbnb Rental Income: $2732 Traditional Rental Income: $1983 Airbnb ROI: 9.79% Traditional ROI: 9.19%
153 South Hawk Drive RAINBOW CITY, AL RAINBOW CITY! Well-maintained 4 BR, 3 bath split level home in desirable RBC! This spac...	4 beds \| 3 baths \| 3,600 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $2843 Airbnb ROI: N/A Traditional ROI: 7.47%
4465 Riddles Bend Road RAINBOW CITY, AL What a rare find in the highly sought after Riddles Bend area of Rainbow City. Home and a ...	3 beds \| 2 baths \| 1,588 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2136 Airbnb ROI: N/A Traditional ROI: 4.8%
423 Waldrop Road RAINBOW CITY, AL Welcome to your dream home! Nestled in a tranquil neighborhood on a cul de sac this 2023 c...	3 beds \| 2 baths \| 1,676 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.08% Airbnb Rental Income: $null Traditional Rental Income: $2484 Airbnb ROI: N/A Traditional ROI: 6.08%
3513 Park Lane RAINBOW CITY, AL A rare find in Rainbow Estatesâdonât miss your chance to call it home! With 3 bedrooms...	3 beds \| 1 baths \| 1,301 sq.ft.	$181,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.37% Airbnb Rental Income: $null Traditional Rental Income: $1778 Airbnb ROI: N/A Traditional ROI: 8.37%

Real Estate investment in Rainbow-city, AL

There are 27 properties for sale in the city of Rainbow City . The median list price in Rainbow City is $339,900 and the average price per square foot is $136. In May 2025, the average monthly cash on cash return in Rainbow City is 7.00%. The average monthly rental income in Rainbow City is $2,627.

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

There are 27 investment properties available for sale in Rainbow-city.

In 2025, 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 $2,627.

Your search for investment property begins and ends here

Investment Property for Sale in Rainbow City, AL

108 River Point Drive

RAINBOW CITY, AL

4 beds | 3 baths | 2,869 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2889

Airbnb ROI: N/A

Traditional ROI: 2.59%

1357 Canoe Creek Road

RAINBOW CITY, AL

4 beds | 3 baths | 3,100 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3172

Airbnb ROI: N/A

Traditional ROI: 5.9%

110 Sweetwater Lane

RAINBOW CITY, AL

5 beds | 3 baths | 2,868 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2975

Airbnb ROI: N/A

Traditional ROI: 6.28%

201 Norwood Drive

RAINBOW CITY, AL

3 beds | 2 baths | 2,230 sq.ft.

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2652

Airbnb ROI: N/A

Traditional ROI: 9.02%

335 Hill Street

RAINBOW CITY, AL

5 beds | 6 baths | 5,463 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.13%

Airbnb Rental Income: $null

Traditional Rental Income: $6454

Airbnb ROI: N/A

Traditional ROI: 7.13%

955 Guy Lee Lake Road

RAINBOW CITY, AL

4 beds | 5 baths | 4,500 sq.ft.

$825,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.38%

Airbnb Rental Income: $null

Traditional Rental Income: $5163

Airbnb ROI: N/A

Traditional ROI: 5.38%

106 Yorkshire Place

RAINBOW CITY, AL

3 beds | 2 baths | 2,275 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2688

Airbnb ROI: N/A

Traditional ROI: 7.91%

526 Diversey Street

RAINBOW CITY, AL

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

$238,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2206

Airbnb ROI: N/A