Located in northern Alabama, Huntsville is a hub for innovation with primary industries in aerospace, defense, information technology, bioscience, and advanced manufacturing. This creates a strong and diverse economic foundation which a good sign for those seeking to invest in Huntsville real estate.
Overall, Alabama offers attractive cash flow potential for investors, supported by the second-lowest property taxes in the nation. Its economy is remarkably stable, avoiding the dramatic boom-and-bust cycles that is often seen in other markets, making it an ideal environment for long-term real estate investments.
Huntsville Investment Opportunity Quick Facts
This information reflects typical properties purchased by RealWealth members in Huntsville, Alabama. These numbers are estimates and the actual property prices and rents will vary based on current inventory.
- Investment Objective: Higher Cash Flow, Higher Appreciation (Hybrid Market)
- Types of properties for sale: REAL Income Single-Family homes and duplexes in A and B neighborhoods
- Average home price: $155,000 – $195,000
- Average monthly rents: $1,150 – $1,550
Is Huntsville a good place to invest in real estate?
There are a variety of factors that make Huntsville a great place to buy rental property today, including:
- Affordability: The median home value in the Huntsville metropolitan area is $305,754, 15% less than the national average. As shown above, deals range from an average of $155,000 to $195,000 when you invest through turnkey property teams in the RealWealth network.
- Appreciation: Since 2014, the median home value in Huntsville has increased by 94%, which is a few percentage points faster than the national average. This is a good sign for investors interested in some equity growth. This market is ideal for those interested in cash flow, however.
- Rapid Population Growth: Since 2010, the population in Huntsville has grown by 26%, which is 212% faster than the national average. Population growth is a fantastic sign of demand for a market. The more people moving to the area, the larger the potential tenant pool. This is essential investors considering the Huntsville real estate market today.
Rental Properties for Sale in Huntsville, AL
The turnkey rental property teams we work with in Huntsville sell single-family homes and duplexes in A and B neighborhoods. Check out a few available or recently sold properties below to get a feel for the area.
