Real Estate Investing in Oakman, Alabama (35579)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35579 (Oakman, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.8% of homes vacant — above national norms.
ⓘ Read the numbers with care
- Volatile values — home values moved more than 35% in one year; the trend line deserves skepticism.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oakman, AL (35579)?
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Market Analysis: 35579 Oakman
On the rental side, ZIP 35579 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $138K median. It rewards specialists, not generalists.
The investment case in 35579 is solid only for operators who understand what they are buying. A $138K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 35579 among AL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 35579 ZIP's population of 3,321 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Experienced landlords with local relationships tend to find 35579 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Oakman:
Market Trends
Home Value History (with trend line)
📊 How Does 35579 Compare?
| Metric | 35579 | Oakman | Jasper, AL | Alabama |
|---|---|---|---|---|
| Home Value | $137,715 | $137,715 | N/A | $231,003 |
| 5-Year CAGR | 3.4% | 3.4% | N/A | 5.6% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35579 (Oakman, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,715 |
| Monthly Rent | $927 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.3% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +40.3% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (5.3%). 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 35579
Population: 3,321
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 35579
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 753 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Oakman, AL?
Rental rates in Oakman, AL average $927/mo. Tenant demand and $138K home values make the yield look reasonable by investor standards.
Are renters plentiful in Oakman, AL?
The renter base in Oakman, AL is reasonable for the $927/mo price point. Screening well and pricing to market typically yields steady tenants.
What is the smart move for investors in Oakman, AL?
The best-fit strategy in Oakman, AL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Oakman, AL a friendly market for rental owners?
Landlord-friendliness in Oakman, AL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Oakman, AL a smart market for rental property?
Investors tracking Oakman, AL will find a 3.0/5 rating supported by $138K median home values and $927/mo rents. That profile suits long-term holders targeting predictable returns.
You know 35579 now. You don’t know where it ranks.
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How 35579 ranks in Jasper, AL
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