Real Estate Investing in Alexander City, Alabama (35010)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35010 (Alexander City, AL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 22.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Alexander City, AL (35010)?
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Market Analysis: 35010 Alexander City
ZIP 35010 inside Tallapoosa County looks affordable on the surface — median value of $205K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 35010 is sturdy only for operators who understand what they are buying. A $205K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 35010 and stronger Alexander City ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 35010 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 35010 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Alexander City:
Property Strategy for 35010
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $228,986 | $1,130 | 3.6% | +8.5% | $76,329 |
| 4BR | $654,971 | $1,430 | 1.6% | +7.8% | $163,743 |
Market Trends
Home Value History (with trend line)
📊 How Does 35010 Compare?
| Metric | 35010 | Alexander City | Alexander City, AL | Alabama |
|---|---|---|---|---|
| Home Value | $205,450 | $205,450 | N/A | $231,003 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 5.6% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 35010 (Alexander City, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,450 |
| Monthly Rent | $810 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (3.1%). 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 35010
Population: 19,619
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 35010
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 905 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Alexander City, AL?
Occupancy in Alexander City, AL runs steady with elevated vacancy. Well-priced units at $810/mo lease on reasonable timelines.
What strategy should investors use in Alexander City, AL?
A careful cash-flow rentals with hands-on management strategy Alexander City, AL best. The market produces predictable results for that approach at the $205K price point.
How much should I expect to pay for a home in Alexander City, AL?
Typical homes in Alexander City, AL go for around $205K. The 5-year CAGR of 0.0% consistent price movement.
How landlord-friendly is Alexander City, AL?
Landlord-friendliness in Alexander City, AL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Are rents high in Alexander City, AL?
Rents in Alexander City, AL run near $810/mo. Compared with median home prices of $205K that produces solid gross yields for typical rentals.
You know 35010 now. You don’t know where it ranks.
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How 35010 ranks in Alexander City, AL
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