Real Estate Investing in Montevallo, Alabama (35115)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35115 (Montevallo, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Montevallo, AL (35115)?
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Market Analysis: 35115 Montevallo
ZIP 35115 inside Shelby County looks affordable on the surface — median value of $249K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 35115 can be a a solid fit for hunting ground — but the discount at $249K reflects genuine risk that outside investors often underestimate.
In the broader AL picture, 35115 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 35115 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 35115 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 Montevallo:
Property Strategy for 35115
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $235,940 | $1,280 | 3.9% | +6.2% | $78,647 |
| 4BR | $300,707 | $1,430 | 3.4% | +6.1% | $75,177 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35115 Compare?
| Metric | 35115 | Montevallo | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $249,203 | $249,203 | N/A | $231,003 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 5.6% |
| Avg Rent | $1,716 | $1,716 | N/A | - |
| Cap Rate | 5.4% | 5.4% | - | - |
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 35115 (Montevallo, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $249,203 |
| Monthly Rent | $1,716 |
| Price-to-Rent | 12.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (5.4%). 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 35115
Population: 16,911
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 35115
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
Frequently Asked Questions
Are there empty rentals in Montevallo, AL?
Vacancy in Montevallo, AL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,716/mo.
Is Montevallo, AL a friendly market for rental owners?
Montevallo, AL falls under AL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How does Montevallo, AL stack up for property investment?
Yes - Montevallo, AL a 3.0/5 investability score. With $249K home prices against $1,716/mo monthly rent, the market delivers a reasonable entry point for new investors.
How should investors approach Montevallo, AL?
Most investors in Montevallo, AL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What monthly rent should investors expect in Montevallo, AL?
Average rent in Montevallo, AL is approximately $1,716/mo per month. Against $249K home values that yields a reasonable rent-to-price ratio.
You know 35115 now. You don’t know where it ranks.
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How 35115 ranks in Birmingham-Hoover, AL
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