Real Estate Investing in Sterrett, Alabama (35147)
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Should you buy in 35147 (Sterrett, 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 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 Sterrett, AL (35147)?
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Market Analysis: 35147 Sterrett
The 35147 ZIP covers a section of Sterrett that demands careful diligence. Prices near $331K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 35147 can be a worth a close look for hunting ground — but the discount at $331K reflects genuine risk that outside investors often underestimate.
Regionally, 35147 sits on the difficult end of the AL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 35147 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 35147 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Sterrett:
Property Strategy for 35147
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $280,288 | $2,280 | 5.9% | +6.4% | $93,429 |
| 4BR | $423,626 | $2,590 | 4.4% | +6.3% | $105,907 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35147 Compare?
| Metric | 35147 | Sterrett | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $331,240 | $331,240 | N/A | $231,003 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.6% |
| Avg Rent | $1,850 | $1,850 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35147 (Sterrett, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $331,240 |
| Monthly Rent | $1,850 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (4.4%). 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 35147
Population: 6,971
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 is the typical vacancy rate in Sterrett, AL?
Occupancy in Sterrett, AL runs stable with elevated vacancy. Well-priced units at $1,850/mo lease on reasonable timelines.
How strong is the working-renter base in Sterrett, AL?
Tenant demand in Sterrett, AL is solid. The local workforce $1,850/mo rents across most rental classes.
What strategy should investors use in Sterrett, AL?
A careful cash-flow rentals with hands-on management strategy Sterrett, AL best. The market produces steady results for that approach at the $331K price point.
Is Sterrett, AL suited for a house hack?
The a challenging house-hack environment in Sterrett, AL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the average monthly rent in Sterrett, AL?
Expect rents around $1,850/mo per month in Sterrett, AL. With home values at $331K, the yield math works out to reasonable levels for rental investors.
You know 35147 now. You don’t know where it ranks.
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How 35147 ranks in Birmingham-Hoover, AL
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