Real Estate Investing in Collinsville, Alabama (35961)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35961 (Collinsville, AL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.0% 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 Collinsville, AL (35961)?
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Market Analysis: 35961 Collinsville
ZIP 35961 in Collinsville, AL carries a impressive set of headwinds. Home values near $205K and rents of $765/mo sit inside a market where underwriting has to be tight.
In practical terms, the numbers look inviting — $205K purchase price, 0.0% nominal cap — the work to hit that pro forma in 35961 is substantial and deserves full respect.
Regionally, 35961 sits on the difficult end of the AL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Looking more closely, 5,997 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. solid returns are possible in 35961, 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 Collinsville:
Market Trends
Home Value History (with trend line)
📊 How Does 35961 Compare?
| Metric | 35961 | Collinsville | Fort Payne, AL | Alabama |
|---|---|---|---|---|
| Home Value | $204,827 | $204,827 | N/A | $231,003 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 5.6% |
| Avg Rent | $765 | $765 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35961 (Collinsville, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $204,827 |
| Monthly Rent | $765 |
| Price-to-Rent | 22.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.9%). 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 35961
Population: 5,997
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 35961
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
How strong are rents in Collinsville, AL?
The typical rental in Collinsville, AL commands about $765/mo monthly. That rent profile even-keeled cash flow against the $205K purchase basis.
What is the average home sale price in Collinsville, AL?
Expect median prices around $205K in Collinsville, AL. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Which real estate strategy fits Collinsville, AL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Collinsville, AL. The numbers - $205K homes against $765/mo rents - support that play.
Do rentals sit vacant long in Collinsville, AL?
Expect elevated vacancy in Collinsville, AL. Rents at $765/mo are absorbed by the tenant base without meaningful lag.
Does Collinsville, AL favor landlords or tenants?
Collinsville, AL operates under AL law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
You know 35961 now. You don’t know where it ranks.
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How 35961 ranks in Fort Payne, AL
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