Real Estate Investing in Morris, Alabama (35116)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35116 (Morris, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Morris, AL (35116)?
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Market Analysis: 35116 Morris
The 35116 ZIP in Morris, AL is a local-operator market. Outside capital chasing a $267K entry has to pair deep knowledge with the discount.
Rent of $990/mo on a $267K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 35116 sits below the stated 0.0% once reality is priced in.
Stepping back, 35116 offers a low basis, the region around Morris has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 35116 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 35116 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Morris:
Property Strategy for 35116
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $128,564 | $1,100 | 6.2% | +5.6% | $64,282 |
| 3BR | $251,164 | $1,380 | 4.0% | +6.3% | $83,721 |
| 4BR | $361,408 | $1,570 | 3.1% | +5.9% | $90,352 |
Market Trends
Home Value History (with trend line)
📊 How Does 35116 Compare?
| Metric | 35116 | Morris | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $266,871 | $266,871 | N/A | $231,003 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.6% |
| Avg Rent | $990 | $990 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 35116 (Morris, 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 | $266,871 |
| Monthly Rent | $990 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (2.9%). 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 35116
Population: 4,912
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 35116
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 1,758 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How deep is the rental pool in Morris, AL?
Expect a solid tenant pool in Morris, AL. The rental market absorbs $990/mo rents without meaningful friction.
How do landlord-tenant laws work in Morris, AL?
AL law landlord-friendly for landlords, and Morris inherits those rules. Investors should still review local ordinances for rental licensing.
Where do home prices stand in Morris, AL?
Morris, AL median home values land near $267K. That is reasonable territory for investors looking at $990/mo-per-month rentals.
Can I live-in-and-rent in Morris, AL?
The house hack math a challenging in Morris, AL. Owner-occupant buyers benefit from the $990/mo rents and $267K home values.
Should investors consider Morris, AL?
With a 3.0/5 investability score, Morris, AL ranks as a solid market for rental property investors. Median prices of $267K and rents of $990/mo drive the underlying numbers.
You know 35116 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 35116 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 35116 ranks in Birmingham-Hoover, AL
Every ZIP in this metro, ranked. Free.
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