Real Estate Investing in Fairfield, Alabama (35064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35064 (Fairfield, AL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 21.9% of homes vacant — above national norms.
- Declining values: -1.6% 5-year CAGR — values have moved lower.
What’s happening in Fairfield, AL (35064)?
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Market Analysis: 35064 Fairfield
In Fairfield's 35064 ZIP, the arithmetic favors hands-on owners. Median home values records $96K, leaving spread for capex-heavy BRRRR or reposition strategies.
BRRRR works in 35064 because the math supports it. Buy at $96K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Across AL, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 35064 reflects both traits clearly.
Residents in 35064 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
The strategy in 35064 is forced equity, not market equity. On balance, entry prices are accommodating at $96K, the returns sit in the renovation budget, not the holding period.
Here's what matters if you're considering buying a home in Fairfield:
Property Strategy for 35064
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $47,598 | $1,200 | 18.2% | +4.4% | $23,799 |
| 3BR | $101,343 | $1,500 | 10.7% | +3.2% | $33,781 |
| 4BR | $175,657 | $1,710 | 7.0% | +4.9% | $43,914 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35064 Compare?
| Metric | 35064 | Fairfield | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $95,540 | $95,540 | N/A | $231,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.6% |
| Avg Rent | $1,130 | $1,130 | N/A | - |
| Cap Rate | 9.2% | 9.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35064 (Fairfield, 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 | $95,540 |
| Monthly Rent | $1,130 |
| Price-to-Rent | 7.1:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.2% |
| Cap Rate | 9.2% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | -3.9% ▼ |
| 5-Year CAGR | -1.6% ▼ |
| 10-Year CAGR | +3.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.2%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 35064
Population: 9,929
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 35064
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Charles A Brown Elementary School
Central Park Elementary School
JacksonOlin High School
Minor Elementary School
Wenonah High School
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 633 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Fairfield, AL?
Average rent in Fairfield, AL is approximately $1,130/mo per month. Against $96K home values that yields a reasonable rent-to-price ratio.
Which investment style suits Fairfield, AL?
Most investors in Fairfield, AL run a value-add and BRRRR deals strategy. It aligns with the 4.0/5 investability profile and the market fundamentals.
How strong is Fairfield, AL for real estate investors?
Our data puts Fairfield, AL at 4.0/5 for investability. Home prices of $96K and rents around $1,130/mo create a solid backdrop for investor activity.
Is BRRRR a fit for Fairfield, AL?
Investors running BRRRR in Fairfield, AL see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
Can I house hack in Fairfield, AL?
The house hack math an attractive in Fairfield, AL. Owner-occupant buyers benefit from the $1,130/mo rents and $96K home values.
You know 35064 now. You don’t know where it ranks.
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How 35064 ranks in Birmingham-Hoover, AL
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