Real Estate Investing in Adel, Georgia (31620)
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Should you buy in 31620 (Adel, GA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.1% of homes vacant — above national norms.
- Elevated poverty: 20.6% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Adel, GA (31620)?
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Market Analysis: 31620 Adel
ZIP 31620 inside Cook County looks affordable on the surface — median value of $179K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $179K asset, 31620 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 31620 and stronger Adel ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 31620 includes headwinds that any investor should price in. Income distribution skews lower than Adel averages, and tenant stability requires active management.
Strategically, 31620 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Adel:
Property Strategy for 31620
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $199,013 | $1,310 | 4.7% | +10.3% | $66,338 |
| 4BR | $292,370 | $1,360 | 3.3% | +9.3% | $73,093 |
Market Trends
Home Value History (with trend line)
📊 How Does 31620 Compare?
| Metric | 31620 | Adel | Georgia |
|---|---|---|---|
| Home Value | $179,407 | $179,407 | $329,538 |
| 5-Year CAGR | 5.9% | 5.9% | 7.8% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.8% | 3.8% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 31620 (Adel, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $179,407 |
| Monthly Rent | $873 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 31620
Population: 11,199
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 31620
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What monthly rent should investors expect in Adel, GA?
Rental rates in Adel, GA average $873/mo. Tenant demand and $179K home values make the yield look reasonable by investor standards.
What are vacancy rates like in Adel, GA?
Vacancy in Adel, GA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
Is Adel in GA worth investing in?
Investors tracking Adel, GA will find a 3.0/5 rating supported by $179K median home values and $873/mo rents. That profile suits long-term holders targeting stable returns.
How expensive is real estate in Adel, GA?
The median home value in Adel, GA is roughly $179K. That puts it reasonable relative to the GA statewide average.
What is the tenant pool like in Adel, GA?
The tenant pool in Adel, GA is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
You know 31620 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 31620 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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