Real Estate Investing in Crossville, Alabama (35962)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35962 (Crossville, 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: 18.1% 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 Crossville, AL (35962)?
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Market Analysis: 35962 Crossville
Investors eyeing 35962 need to respect the fundamentals at play. Home values of $205K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 35962 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 35962 sits on the difficult end of the AL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
A substantial renter share of 23% in 35962 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 35962 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Crossville:
Market Trends
Home Value History (with trend line)
📊 How Does 35962 Compare?
| Metric | 35962 | Crossville | Fort Payne, AL | Alabama |
|---|---|---|---|---|
| Home Value | $205,442 | $205,442 | N/A | $231,003 |
| 5-Year CAGR | 6.0% | 6.0% | 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 35962 (Crossville, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,442 |
| Monthly Rent | $765 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 35962
Population: 8,211
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 35962
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
Frequently Asked Questions
What are vacancy rates like in Crossville, AL?
Crossville, AL sees elevated vacancy, which is reasonable relative to the broader AL rental market.
Is the tenant base reliable in Crossville, AL?
The renter base in Crossville, AL is reasonable for the $765/mo price point. Screening well and pricing to market typically yields steady tenants.
Is housing expensive in Crossville, AL?
Crossville, AL home values average about $205K. That price point suits investors targeting rentals with $765/mo in monthly income.
What real estate strategy is ideal for Crossville, AL?
Crossville, AL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($205K prices, $765/mo rents) make it a reasonable choice.
What do landlords charge for rent in Crossville, AL?
Expect rents around $765/mo per month in Crossville, AL. With home values at $205K, the yield math works out to reasonable levels for rental investors.
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How 35962 ranks in Fort Payne, AL
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