Real Estate Investing in Mount Olive, Alabama (35117)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35117 (Mount Olive, AL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mount Olive, AL (35117)?
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Market Analysis: 35117 Mount Olive
Investors eyeing 35117 need to respect the fundamentals at play. Home values of $265K come alongside slower price movement and elevated management overhead.
Meanwhile, the numbers look inviting — $265K purchase price, 0.0% nominal cap — the work to hit that pro forma in 35117 is substantial and deserves full respect.
Statewide comparisons place 35117 among AL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 35117 ZIP's population of 5,091 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
The right play in 35117 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Mount Olive:
Property Strategy for 35117
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $155,445 | $1,160 | 5.4% | +5.6% | $77,723 |
| 3BR | $250,386 | $1,450 | 4.2% | +6.5% | $83,462 |
| 4BR | $333,351 | $1,650 | 3.6% | +5.5% | $83,338 |
Market Trends
Home Value History (with trend line)
📊 How Does 35117 Compare?
| Metric | 35117 | Mount Olive | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $264,944 | $264,944 | N/A | $231,003 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 5.6% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35117 (Mount Olive, AL). Anonymous, moderated, never written by AI.
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Property managers serving Jefferson County
Manage rentals here? List your business →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
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $264,944 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 21.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 35117
Population: 5,091
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 35117
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 2,604 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in Mount Olive, AL?
Rents in Mount Olive, AL run near $1,044/mo. Compared with median home prices of $265K that produces solid gross yields for typical rentals.
What are home prices like in Mount Olive, AL?
Median home price in Mount Olive, AL is near $265K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
How does Mount Olive, AL rate as a rental market?
Mount Olive, AL scores 3.0/5 for investability. Home values sit at $265K and rents near $1,044/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the typical vacancy rate in Mount Olive, AL?
Occupancy in Mount Olive, AL runs even-keeled with elevated vacancy. Well-priced units at $1,044/mo lease on reasonable timelines.
What type of investing works in Mount Olive, AL?
A careful cash-flow rentals with hands-on management strategy Mount Olive, AL best. The market produces even-keeled results for that approach at the $265K price point.
You know 35117 now. You don’t know where it ranks.
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How 35117 ranks in Birmingham-Hoover, AL
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