Real Estate Investing in Phil Campbell, Alabama (35581)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35581 (Phil Campbell, 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: 18.7% 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 Phil Campbell, AL (35581)?
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Market Analysis: 35581 Phil Campbell
The 35581 ZIP covers a section of Phil Campbell that demands careful diligence. Prices near $185K look accessible, but the work to make a deal cash flow is real.
From an investor standpoint, the numbers look inviting — $185K purchase price, 0.0% nominal cap — the work to hit that pro forma in 35581 is substantial and deserves full respect.
Statewide comparisons place 35581 among AL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 35581 ZIP's population of 6,271 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategically, 35581 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 Phil Campbell:
Market Trends
Home Value History (with trend line)
📊 How Does 35581 Compare?
| Metric | 35581 | Phil Campbell | Alabama |
|---|---|---|---|
| Home Value | $185,214 | $185,214 | $231,003 |
| 5-Year CAGR | 4.6% | 4.6% | 5.6% |
| Avg Rent | $756 | $756 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35581 (Phil Campbell, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $185,214 |
| Monthly Rent | $756 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (3.2%). 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 35581
Population: 6,271
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 35581
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 approach is best for Phil Campbell, AL real estate?
The best-fit strategy in Phil Campbell, AL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Phil Campbell, AL landlord-friendly?
AL ranks as a landlord-friendly state for landlord-tenant law. Phil Campbell generally follows the statewide framework, so landlords face reasonable operating rules.
Is Phil Campbell, AL a smart market for rental property?
With a 3.0/5 investability score, Phil Campbell, AL ranks as a solid market for rental property investors. Median prices of $185K and rents of $756/mo drive the underlying numbers.
What is the renter demographic in Phil Campbell, AL?
Tenant quality in Phil Campbell, AL ranks as solid. Landlords generally report steady occupancy at market rents of $756/mo.
Is vacancy a concern in Phil Campbell, AL?
Rental vacancy in Phil Campbell, AL is elevated. Investors should budget normal turnover but not chronic empty units.
You know 35581 now. You don’t know where it ranks.
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