Real Estate Investing in Lakeland, Georgia (31635)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 31635 (Lakeland, GA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 13.8% of homes vacant — above national norms.
- Elevated poverty: 27.7% poverty rate — can affect rent collection.
What’s happening in Lakeland, GA (31635)?
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Market Analysis: 31635 Lakeland
This part of Lanier County is not an easy win. The 31635 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Looking more closely, the numbers look inviting — $210K purchase price, 0.0% nominal cap — the work to hit that pro forma in 31635 is substantial and deserves full respect.
Within GA, ZIP 31635 trails on several market indicators that neighboring Lanier County submarkets outperform. The gap is real and robust enough to shape underwriting.
Who lives in 31635 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 31635 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 Lakeland:
Property Strategy for 31635
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $214,149 | $1,400 | 4.7% | +10.4% | $71,383 |
| 4BR | $281,465 | $1,690 | 4.3% | +8.4% | $70,366 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 31635 Compare?
| Metric | 31635 | Lakeland | Valdosta, GA | Georgia |
|---|---|---|---|---|
| Home Value | $210,238 | $210,238 | N/A | $329,538 |
| 5-Year CAGR | 7.4% | 7.4% | N/A | 7.8% |
| Avg Rent | $1,650 | $1,650 | N/A | - |
| Cap Rate | 6.1% | 6.1% | - | - |
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 31635 (Lakeland, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $210,238 |
| Monthly Rent | $1,650 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.4% |
| Cap Rate | 6.1% |
| 5-Year IRR | 13.6% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (6.1%). 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 31635
Population: 6,978
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 31635
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
Should investors consider Lakeland, GA?
Lakeland, GA shows an investability rating of 4.0/5, with median home values near $210K and average rents around $1,650/mo. That combination puts it in the impressive tier for investor interest.
Is vacancy a concern in Lakeland, GA?
Lakeland, GA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What price range are homes in Lakeland, GA?
Homes in Lakeland, GA typically sell near $210K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
Is Lakeland, GA landlord-friendly?
Landlord-friendliness in Lakeland, GA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What strategy should investors use in Lakeland, GA?
In Lakeland, GA the significant play is typically careful cash-flow rentals with hands-on management. The combination of $210K prices and $1,650/mo rents suits that approach.
You know 31635 now. You don’t know where it ranks.
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How 31635 ranks in Valdosta, GA
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