Real Estate Investing in Pleasant Grove, Alabama

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 9,502 • Jefferson County

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Should you buy in Pleasant Grove, AL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.4% vacancy may signal weakening demand.

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.69% as of Aug 6 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $229,636
Avg Monthly Rent $1,553
ZIP Codes 1

Investing in Pleasant Grove Real Estate

This is a distressed-leaning corner of Alabama: Pleasant Grove has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

The investment case for Pleasant Grove is difficult to make on screen data alone. better suited elsewhere for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rents in Pleasant Grove at $1,553/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Pleasant Grove masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Birmingham-Hoover, AL

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Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Property managers serving Jefferson County

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Signal Property Management serves Adamsville, Birmingham, Calera, East Lake, and Ensley, offering services for tenants and owners including rent payment and repair requests. summary from their website

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Avg Home Value
$229,636
Avg Monthly Rent
$1,553
1% Rule
✗ Below
Landlord Friendly (AL)

ZIP Codes in Pleasant Grove, AL

Screen every ZIP in Pleasant Grove

Filter Pleasant Grove’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Pleasant Grove, AL

How much does a house cost in Pleasant Grove, AL?

Homes in Pleasant Grove, AL typically sell near $230K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

Which investment style suits Pleasant Grove, AL?

A careful cash-flow rentals with hands-on management strategy Pleasant Grove, AL best. The market produces consistent results for that approach at the $230K price point.

Does house hacking make sense in Pleasant Grove, AL?

House hacking works a challenging in Pleasant Grove, AL. Rents of $1,553/mo against $230K acquisition make the strategy solid for owner-occupants.

Is rental property easy to operate in Pleasant Grove, AL?

The landlord environment in Pleasant Grove, AL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What are rental rates like in Pleasant Grove, AL?

Average rent in Pleasant Grove, AL is approximately $1,553/mo per month. Against $230K home values that yields a reasonable rent-to-price ratio.

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