Real Estate Investing in Midfield, Alabama (35228)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35228 (Midfield, 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: 14.9% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.8% CAGR).
What’s happening in Midfield, AL (35228)?
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Market Analysis: 35228 Midfield
ZIP 35228 offers what many appreciation markets cannot: an affordable basis at $81K and rent support of $1,124/mo for rehab-driven equity creation in Jefferson County.
BRRRR works in 35228 because the math supports it. Buy at $81K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Statewide, AL value-add investors migrate toward ZIPs with 35228's profile — older stock, soft but real rent growth, and $81K pricing that keeps rehab math workable.
Demographically, 35228 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
ZIP 35228 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Midfield:
Property Strategy for 35228
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $57,462 | $1,150 | 14.4% | +6.5% | $28,731 |
| 3BR | $87,661 | $1,440 | 11.8% | +4.5% | $29,220 |
| 4BR | $125,118 | $1,640 | 9.4% | +1.2% | $31,280 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35228 Compare?
| Metric | 35228 | Midfield | Birmingham-Hoover, AL | Alabama |
|---|---|---|---|---|
| Home Value | $80,664 | $80,664 | N/A | $231,003 |
| 5-Year CAGR | 0.8% | 0.8% | N/A | 5.6% |
| Avg Rent | $1,124 | $1,124 | N/A | - |
| Cap Rate | 10.9% | 10.9% | - | - |
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 35228 (Midfield, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $80,664 |
| Monthly Rent | $1,124 |
| Price-to-Rent | 6.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.7% |
| Cap Rate | 10.9% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | +0.8% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.9%) 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 35228
Population: 10,575
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 35228
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Fairfield High Preparatory School
Hemphill Elementary School
Richard Arrington Elementary
Wenonah High School
Robinson Primary School
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 633 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking make sense in Midfield, AL?
For house hackers, Midfield, AL is an attractive. The $1,124/mo rent on a unit helps defray the mortgage on a $81K property.
Does buy-rehab-rent-refinance work in Midfield, AL?
Midfield, AL BRRRR deals are a strong. With proper buy-side discipline, operators can recycle most of their capital post-refinance.
What is the typical rental rate in Midfield, AL?
Rent in Midfield, AL is around $1,124/mo. The resulting rent-to-value relationship with $81K pricing is reasonable for most investor models.
How expensive is real estate in Midfield, AL?
Homes in Midfield, AL typically sell near $81K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Does Midfield, AL make sense for an investment property?
Yes - Midfield, AL a 4.0/5 investability score. With $81K home prices against $1,124/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 35228 now. You don’t know where it ranks.
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How 35228 ranks in Birmingham-Hoover, AL
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