Real Estate Investing in Russellville, Alabama (35653)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35653 (Russellville, 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: 21.1% 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 Russellville, AL (35653)?
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Market Analysis: 35653 Russellville
The 35653 ZIP in Russellville, AL is a local-operator market. Outside capital chasing a $174K entry has to pair deep knowledge with the discount.
For an experienced owner, 35653 can be a worth a close look for hunting ground — but the discount at $174K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Russellville have seen price recovery that 35653 has not matched. Franklin County data supports the view that the spread is structural rather than temporary.
Demographically, 35653 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 35653 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Russellville:
Property Strategy for 35653
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $179,474 | $1,080 | 4.3% | +10.8% | $59,825 |
| 4BR | $253,225 | $1,280 | 3.6% | +8.6% | $63,306 |
Market Trends
Home Value History (with trend line)
📊 How Does 35653 Compare?
| Metric | 35653 | Russellville | Alabama |
|---|---|---|---|
| Home Value | $174,274 | $182,898 | $231,003 |
| 5-Year CAGR | 5.5% | 5.6% | 5.6% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 3.5% | 3.4% | - |
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 35653 (Russellville, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,274 |
| Monthly Rent | $792 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (3.5%). 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 35653
Population: 11,005
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 35653
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
Are rents high in Russellville, AL?
Russellville, AL rentals go for roughly $792/mo a month. That puts gross yield in solid territory relative to $174K acquisition costs.
How tight is the rental market in Russellville, AL?
Russellville, AL carries elevated vacancy risk. Expect even-keeled absorption at market rents of $792/mo.
Is Russellville, AL a good place for real estate investing?
Russellville, AL clocks in at an investability rating of 3.0/5, with median home values near $174K and average rents around $792/mo. That combination puts it in the healthy tier for investor interest.
How viable is house hacking in Russellville, AL?
House hacking in Russellville, AL is a challenging. With home values around $174K and rents at $792/mo, owner-occupants can offset a meaningful share of PITI.
How do landlord-tenant laws work in Russellville, AL?
AL law landlord-friendly for landlords, and Russellville inherits those rules. Investors should still review local ordinances for rental licensing.
You know 35653 now. You don’t know where it ranks.
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Community Ratings
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