Real Estate Investment Properties for Sale in Roanoke, AL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3156 Louina Rd ROANOKE, AL Fall in love with this stunning, 2 story crafted authentic log cabin home tucked away on 4...	4 beds \| 3 baths \| 2,120 sq.ft.	$249,900	Airbnb cash on cash: 9.13% Traditional cash on cash: 5.92% Airbnb Rental Income: $3324 Traditional Rental Income: $1823 Airbnb ROI: 9.13% Traditional ROI: 5.92%
1457 Dogwood Cir ROANOKE, AL OUTSTANDING VALUE AT ONLY $32.41 PER SQUARE FOOT! This 4 bedroom, 3 bathroom home is locat...	5 beds \| 3 baths \| 5,000 sq.ft.	$399,000	Airbnb cash on cash: 9.67% Traditional cash on cash: 4.79% Airbnb Rental Income: $5232 Traditional Rental Income: $2345 Airbnb ROI: 9.67% Traditional ROI: 4.79%
570 County Road 79 ROANOKE, AL Welcome to your dream country retreat ! This beautifully designed 2023 ranch style home of...	3 beds \| 2 baths \| 1,918 sq.ft.	$301,900	Airbnb cash on cash: 6.02% Traditional cash on cash: 5.04% Airbnb Rental Income: $2836 Traditional Rental Income: $1896 Airbnb ROI: 6.02% Traditional ROI: 5.04%
1533 MAIN Street ROANOKE, AL Back on market at no fault of seller. NEW PRICE!!!!Character awaits in this 1900's unique ...	2 beds \| 2 baths \| 1,464 sq.ft.	$136,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 8.83% Airbnb Rental Income: $1363 Traditional Rental Income: $1412 Airbnb ROI: 5.27% Traditional ROI: 8.83%
326 West Point St ROANOKE, AL Beautiful Victorian home in downtown Roanoke! This home is full of charm and character! Ho...	4 beds \| 3 baths \| 3,425 sq.ft.	$255,000	Airbnb cash on cash: 9.05% Traditional cash on cash: 7.26% Airbnb Rental Income: $3324 Traditional Rental Income: $2150 Airbnb ROI: 9.05% Traditional ROI: 7.26%
646 County Road 61 ROANOKE, AL Discover an exceptional opportunity to create your sanctuary in Roanoke, Alabama. This cha...	2 beds \| 2 baths \| 1,100 sq.ft.	$140,000	Airbnb cash on cash: 5.13% Traditional cash on cash: 10.1% Airbnb Rental Income: $1363 Traditional Rental Income: $1614 Airbnb ROI: 5.13% Traditional ROI: 10.1%
533 Rock Mills Rd ROANOKE, AL I need more room to describe this one-of-a-kind stunning property. This beautiful home is...	3 beds \| 4 baths \| 3,932 sq.ft.	$557,400	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.49% Airbnb Rental Income: $2836 Traditional Rental Income: $3157 Airbnb ROI: 2.6% Traditional ROI: 4.49%
496 Mary Dr ROANOKE, AL Upgraded New Construction with shop setup backing up to a neighboring 325 acres of untouch...	3 beds \| 2 baths \| 2,335 sq.ft.	$455,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 3.8% Airbnb Rental Income: $2836 Traditional Rental Income: $2162 Airbnb ROI: 3.83% Traditional ROI: 3.8%
1466 County Rd 59 ROANOKE, AL 1466 County Rd 59, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 2 baths \| 3,472 sq.ft.	$1,200,000	Airbnb cash on cash: 0.82% Traditional cash on cash: -0.01% Airbnb Rental Income: $3324 Traditional Rental Income: $1650 Airbnb ROI: 0.82% Traditional ROI: -0.01%
1335 N Main St ROANOKE, AL 1335 N Main St, ROANOKE, AL 36274 \| Single Family Residential	5 beds \| 4 baths \| 3,950 sq.ft.	$799,500	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.44% Airbnb Rental Income: $5232 Traditional Rental Income: $3702 Airbnb ROI: 4.07% Traditional ROI: 3.44%
Tract 3 County Road 268 #3 ROANOKE, AL Tract 3 County Road 268 #3, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$84,575	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 4.2%
431 County Road 30 #431 ROANOKE, AL 431 County Road 30 #431, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.83% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 0.83%
Tract 6 County Road 268 #6 ROANOKE, AL Tract 7 County Road 268 #7, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$122,315	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 2.54%
Tract 2 County Road 268 #2 ROANOKE, AL Tract 2 County Road 268 #2, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$47,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 8.17%
0 County Road 59 #0 ROANOKE, AL 0 County Road 59 #0, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$967,500	Airbnb cash on cash: N/A Traditional cash on cash: -0.92% Airbnb Rental Income: $null Traditional Rental Income: $529 Airbnb ROI: N/A Traditional ROI: -0.92%
0 Highway 431 #1 ROANOKE, AL 0 Highway 431 #1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$72,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $529 Airbnb ROI: N/A Traditional ROI: 4.64%
1661 County Road 637 #8 Ac ROANOKE, AL 1661 County Road 637 #1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.6% Airbnb Rental Income: $null Traditional Rental Income: $594 Airbnb ROI: N/A Traditional ROI: 10.6%
0 County Road 87 #1 ROANOKE, AL 0 County Road 87 #1, Elberta, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $633 Airbnb ROI: N/A Traditional ROI: 4.13%
12785 County Road 65 ROANOKE, AL Back on the market at NO Fault of the seller. Forget the stress of maintenance. This home ...	2 beds \| 1 baths \| 900 sq.ft.	$185,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 7.64% Airbnb Rental Income: $1363 Traditional Rental Income: $1685 Airbnb ROI: 3.44% Traditional ROI: 7.64%
1160 AL Highway 77 ROANOKE, AL 1160 AL Highway 77, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.68% Airbnb Rental Income: $null Traditional Rental Income: $598 Airbnb ROI: N/A Traditional ROI: -0.68%
6.27 Acres Lamar St #Parcel 1 ROANOKE, AL 6.27 Acres Lamar St #Parcel 1, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.89% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 8.89%
3.02+/- Acres Highway 431 #Parcel 3 ROANOKE, AL 3.02+/- Acres Highway 431 #Parcel 3, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 2.79%
3.02 +/- Acres Highway 431 #Parcel 2 ROANOKE, AL 3.02 +/- Acres Highway 431 #Parcel 2, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $618 Airbnb ROI: N/A Traditional ROI: 2.79%
1789 County Road 16 ROANOKE, AL OPEN HOUSE 6/28/26 1-3 CST! Beautiful 10 acre property in one of the most desirable areas ...	3 beds \| 2 baths \| 2,757 sq.ft.	$425,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 5.87% Airbnb Rental Income: $2836 Traditional Rental Income: $2990 Airbnb ROI: 3.82% Traditional ROI: 5.87%
418 Whippoorwill Dr ROANOKE, AL This charming and elegant move-in ready home offers comfort, space, and convenience all in...	4 beds \| 3 baths \| 2,760 sq.ft.	$365,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 5.21% Airbnb Rental Income: $3324 Traditional Rental Income: $2360 Airbnb ROI: 5.85% Traditional ROI: 5.21%
117 County Road 706 ROANOKE, AL 117 County Road 706, ROANOKE, AL 36274 \| Single Family Residential	4 beds \| 1 baths \| 2,270 sq.ft.	$249,900	Airbnb cash on cash: 9.13% Traditional cash on cash: 3.87% Airbnb Rental Income: $3324 Traditional Rental Income: $1340 Airbnb ROI: 9.13% Traditional ROI: 3.87%
5.21acres County Road 61 #5.21 acres ROANOKE, AL 5.21acres County Road 61 #5.21 acres, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$69,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $660 Airbnb ROI: N/A Traditional ROI: 6.84%
0 Satterwhite St ROANOKE, AL 0 Satterwhite St, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $629 Airbnb ROI: N/A Traditional ROI: 3.03%
14768 County Road 65 ROANOKE, AL Nestled in the heart of Big Springs, Alabama a family-owned home sits on 1.47 acres. Strol...	3 beds \| 1 baths \| 1,685 sq.ft.	$229,375	Airbnb cash on cash: 8.18% Traditional cash on cash: 5.81% Airbnb Rental Income: $2836 Traditional Rental Income: $1661 Airbnb ROI: 8.18% Traditional ROI: 5.81%
263 County Road 18 ROANOKE, AL 263 County Road 18, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$359,000	Airbnb cash on cash: 4.76% Traditional cash on cash: 2.62% Airbnb Rental Income: $2836 Traditional Rental Income: $1452 Airbnb ROI: 4.76% Traditional ROI: 2.62%
715 Rock Mills Rd ROANOKE, AL Beautiful Brick Ranch Home on approximately 1.5 acres in great convenient location with 19...	3 beds \| 2 baths \| 1,926 sq.ft.	$279,900	Airbnb cash on cash: 6.48% Traditional cash on cash: 4.48% Airbnb Rental Income: $2836 Traditional Rental Income: $1648 Airbnb ROI: 6.48% Traditional ROI: 4.48%
0 County Road 87 #3 ROANOKE, AL 0 County Road 87 #3, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: 6.33%
0 County Road 87 #2 ROANOKE, AL 0 County Road 87 #2, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $632 Airbnb ROI: N/A Traditional ROI: 3.64%
1123 County Road 865 ROANOKE, AL Experience the perfect blend of modern comfort and country charm in this beautiful new con...	3 beds \| 2 baths \| 1,800 sq.ft.	$349,500	Airbnb cash on cash: 4.93% Traditional cash on cash: 3.89% Airbnb Rental Income: $2836 Traditional Rental Income: $1833 Airbnb ROI: 4.93% Traditional ROI: 3.89%
4264 County Road 61 ROANOKE, AL 4264 County Road 61 - A Private Retreat on 13+/- Acres Tucked away in a beautiful private ...	5 beds \| 3 baths \| 4,407 sq.ft.	$665,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 4.14% Airbnb Rental Income: $5232 Traditional Rental Income: $3533 Airbnb ROI: 5.17% Traditional ROI: 4.14%
1140 Lafayette Hwy ROANOKE, AL 1140 Lafayette Hwy, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,929 sq.ft.	$250,000	Airbnb cash on cash: 7.41% Traditional cash on cash: 5.16% Airbnb Rental Income: $2836 Traditional Rental Income: $1644 Airbnb ROI: 7.41% Traditional ROI: 5.16%
63 Kay Ln ROANOKE, AL 63 Kay Ln, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,877 sq.ft.	$199,000	Airbnb cash on cash: 9.61% Traditional cash on cash: 6.67% Airbnb Rental Income: $2836 Traditional Rental Income: $1619 Airbnb ROI: 9.61% Traditional ROI: 6.67%
0 County Road 87 #4 ROANOKE, AL 0 County Road 87 #4, ROANOKE, AL 36274 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.53% Airbnb Rental Income: $null Traditional Rental Income: $633 Airbnb ROI: N/A Traditional ROI: 7.53%
1440 County Rd 26 ROANOKE, AL Welcome to 1440 County Road 26 in Roanoke, Alabama, where peaceful country living meets co...	4 beds \| 2 baths \| 2,352 sq.ft.	$289,900	Airbnb cash on cash: 7.86% Traditional cash on cash: 8.41% Airbnb Rental Income: $3324 Traditional Rental Income: $2732 Airbnb ROI: 7.86% Traditional ROI: 8.41%
1176 County Rd 17 ROANOKE, AL 1176 County Rd 17, ROANOKE, AL 36274 \| Single Family Residential	3 beds \| 2 baths \| 1,749 sq.ft.	$275,000	Airbnb cash on cash: 6.62% Traditional cash on cash: 4.71% Airbnb Rental Income: $2836 Traditional Rental Income: $1681 Airbnb ROI: 6.62% Traditional ROI: 4.71%

Real Estate investment in Roanoke, AL

There are 56 properties for sale in the city of Roanoke . The median list price in Roanoke is $152,908 and the average price per square foot is $68. In August 2026, the average monthly cash on cash return in Roanoke is 7.00%. The average monthly rental income in Roanoke is $1,266.

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

There are 56 investment properties available for sale in Roanoke.

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

The ROI for Short-Term is higher than the Long-Term in Roanoke with average rental income of $2,836.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, AL

3156 Louina Rd

ROANOKE, AL

4 beds | 3 baths | 2,120 sq.ft.

$249,900

Airbnb cash on cash: 9.13%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $3324

Traditional Rental Income: $1823

Airbnb ROI: 9.13%

Traditional ROI: 5.92%

1457 Dogwood Cir

ROANOKE, AL

5 beds | 3 baths | 5,000 sq.ft.

$399,000

Airbnb cash on cash: 9.67%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $5232

Traditional Rental Income: $2345

Airbnb ROI: 9.67%

Traditional ROI: 4.79%

570 County Road 79

ROANOKE, AL

3 beds | 2 baths | 1,918 sq.ft.

$301,900

Airbnb cash on cash: 6.02%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $2836

Traditional Rental Income: $1896

Airbnb ROI: 6.02%

Traditional ROI: 5.04%

1533 MAIN Street

ROANOKE, AL

2 beds | 2 baths | 1,464 sq.ft.

$136,000

Airbnb cash on cash: 5.27%

Traditional cash on cash: 8.83%

Airbnb Rental Income: $1363

Traditional Rental Income: $1412

Airbnb ROI: 5.27%

Traditional ROI: 8.83%

326 West Point St

ROANOKE, AL

4 beds | 3 baths | 3,425 sq.ft.

$255,000

Airbnb cash on cash: 9.05%

Traditional cash on cash: 7.26%

Airbnb Rental Income: $3324

Traditional Rental Income: $2150

Airbnb ROI: 9.05%

Traditional ROI: 7.26%

646 County Road 61

ROANOKE, AL

2 beds | 2 baths | 1,100 sq.ft.

$140,000

Airbnb cash on cash: 5.13%

Traditional cash on cash: 10.1%

Airbnb Rental Income: $1363

Traditional Rental Income: $1614

Airbnb ROI: 5.13%

Traditional ROI: 10.1%

533 Rock Mills Rd

ROANOKE, AL

3 beds | 4 baths | 3,932 sq.ft.

$557,400

Airbnb cash on cash: 2.6%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $2836

Traditional Rental Income: $3157

Airbnb ROI: 2.6%

Traditional ROI: 4.49%

496 Mary Dr

ROANOKE, AL

3 beds | 2 baths | 2,335 sq.ft.

$455,000

Airbnb cash on cash: 3.83%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $2836

Traditional Rental Income: $2162

Airbnb ROI: 3.83%