Real Estate Investing in Tarrant, Alabama (35217)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35217 (Tarrant, 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: 15.9% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.3% CAGR).
- Elevated poverty: 20.7% poverty rate — can affect rent collection.
- Lower household income: $37,220 median — tenant affordability is tighter.
What’s happening in Tarrant, AL (35217)?
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Market Analysis: 35217 Tarrant
In Tarrant's 35217 ZIP, the arithmetic favors hands-on owners. Median home values clocks in at $81K, leaving spread for capex-heavy BRRRR or reposition strategies.
Value-add is the defining thesis in 35217. Homes trade near $81K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
Across AL, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 35217 posts both traits clearly.
Residents in 35217 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.
Experienced operators with contractor networks find 35217 a solid fit for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Tarrant:
Property Strategy for 35217
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $51,161 | $1,040 | 14.6% | +8.0% | $25,580 |
| 3BR | $81,954 | $1,300 | 11.4% | +5.1% | $27,318 |
| 4BR | $145,468 | $1,480 | 7.3% | +4.2% | $36,367 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35217 Compare?
| Metric | 35217 | Tarrant | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $81,051 | $81,051 | N/A | $231,003 |
| 5-Year CAGR | 0.3% | 0.3% | N/A | 5.6% |
| Avg Rent | $1,074 | $1,074 | N/A | - |
| Cap Rate | 10.3% | 10.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35217 (Tarrant, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $81,051 |
| Monthly Rent | $1,074 |
| Price-to-Rent | 6.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.9% |
| Cap Rate | 10.3% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +0.3% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -5.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.3%) 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 35217
Population: 12,468
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 35217
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 2,604 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Tarrant, AL?
In Tarrant, AL the median home value sits at $81K. Against the broader AL market, that reads as reasonable for most investors.
Does house hacking work in Tarrant, AL?
The an attractive house-hack environment in Tarrant, AL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Can investors hit the 1% rule in Tarrant, AL?
With rents of $1,074/mo on $81K homes, Tarrant, AL close to the 1% rule for most properties. The actual rent-to-price ratio is 1.33%.
How much is rent in Tarrant, AL?
Rental rates in Tarrant, AL average $1,074/mo. Tenant demand and $81K home values make the yield look reasonable by investor standards.
Does BRRRR pencil out in Tarrant, AL?
BRRRR in Tarrant, AL is a strong. The interplay of $81K values and $1,074/mo rents creates reasonable refinance conditions.
You know 35217 now. You don’t know where it ranks.
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How 35217 ranks in Birmingham-Hoover, AL
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