Real Estate Investing in Vance, Alabama (35490)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35490 (Vance, 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.
- High vacancy: 12.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Vance, AL (35490)?
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Market Analysis: 35490 Vance
The 35490 ZIP covers a section of Vance that demands careful diligence. Prices near $214K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 35490 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Put differently, 35490 offers a low basis, the region around Vance has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 35490 ZIP's population of 4,891 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Distressed ZIPs reward experience. durable returns are possible in 35490, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Vance:
Property Strategy for 35490
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $228,406 | $1,330 | 4.2% | +6.7% | $76,135 |
| 4BR | $285,722 | $1,380 | 3.5% | +6.1% | $71,431 |
Market Trends
Home Value History (with trend line)
📊 How Does 35490 Compare?
| Metric | 35490 | Vance | Tuscaloosa, AL | Alabama |
|---|---|---|---|---|
| Home Value | $214,463 | $214,463 | N/A | $231,003 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 5.6% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35490 (Vance, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $214,463 |
| Monthly Rent | $936 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.4%). 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 35490
Population: 4,891
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 35490
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.
Frequently Asked Questions
What price range are homes in Vance, AL?
Median home price in Vance, AL is near $214K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
How should investors approach Vance, AL?
In Vance, AL the solid play is typically careful cash-flow rentals with hands-on management. The combination of $214K prices and $936/mo rents suits that approach.
Is it easy to find good tenants in Vance, AL?
Tenant demand in Vance, AL is solid. The local workforce $936/mo rents across most rental classes.
How does Vance, AL rate as a rental market?
Vance, AL rates 3.0/5 for investability. With median values at $214K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.
Is Vance, AL a friendly market for rental owners?
Vance, AL falls under AL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 35490 now. You don’t know where it ranks.
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How 35490 ranks in Tuscaloosa, AL
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