Real Estate Investing in Union Grove, Alabama (35175)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35175 (Union Grove, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.5% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 27.1 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Union Grove, AL (35175)?
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Market Analysis: 35175 Union Grove
The 35175 ZIP in Union Grove, AL is a local-operator market. Outside capital chasing a $264K entry has to pair deep knowledge with the discount.
The investment case in 35175 is impressive only for operators who understand what they are buying. A $264K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader AL picture, 35175 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A substantial renter share of 16% in 35175 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 35175 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 Union Grove:
Property Strategy for 35175
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $275,670 | $1,230 | 3.2% | +9.3% | $91,890 |
| 4BR | $459,159 | $1,320 | 2.1% | +9.3% | $114,790 |
Market Trends
Home Value History (with trend line)
📊 How Does 35175 Compare?
| Metric | 35175 | Union Grove | Albertville, AL | Alabama |
|---|---|---|---|---|
| Home Value | $263,710 | $263,710 | N/A | $231,003 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 5.6% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35175 (Union Grove, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $263,710 |
| Monthly Rent | $810 |
| Price-to-Rent | 27.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.4%). 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 35175
Population: 4,871
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
Frequently Asked Questions
What price range are homes in Union Grove, AL?
The median home value in Union Grove, AL is roughly $264K. That puts it reasonable relative to the AL statewide average.
How strong is the working-renter base in Union Grove, AL?
The renter base in Union Grove, AL is reasonable for the $810/mo price point. Screening well and pricing to market typically yields stable tenants.
How do landlord-tenant laws work in Union Grove, AL?
AL ranks as a landlord-friendly state for landlord-tenant law. Union Grove generally follows the statewide framework, so landlords face reasonable operating rules.
Can I live-in-and-rent in Union Grove, AL?
The house hack math a challenging in Union Grove, AL. Owner-occupant buyers benefit from the $810/mo rents and $264K home values.
How high is vacancy risk in Union Grove, AL?
Vacancy risk in Union Grove, AL is elevated. That supports reliable cash flow for typical rental holds.
You know 35175 now. You don’t know where it ranks.
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How 35175 ranks in Albertville, AL
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