Real Estate Investing in Grady, Alabama (36036)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36036 (Grady, 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: 27.0% 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 Grady, AL (36036)?
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Market Analysis: 36036 Grady
Investors eyeing 36036 need to respect the fundamentals at play. Home values of $154K come alongside slower price movement and elevated management overhead.
The investment case in 36036 is healthy only for operators who understand what they are buying. A $154K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 36036's metrics run below Montgomery County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 36036 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Grady's stable or hybrid ZIPs before stepping into 36036. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Grady:
Market Trends
Home Value History (with trend line)
📊 How Does 36036 Compare?
| Metric | 36036 | Grady | Montgomery, AL | Alabama |
|---|---|---|---|---|
| Home Value | $154,022 | $154,022 | N/A | $231,003 |
| 5-Year CAGR | 1.7% | 1.7% | N/A | 5.6% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 36036 (Grady, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,022 |
| Monthly Rent | $864 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +1.7% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (4.4%). 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 36036
Population: 1,840
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
Frequently Asked Questions
Is house hacking profitable in Grady, AL?
House hacking works a challenging in Grady, AL. Rents of $864/mo against $154K acquisition make the strategy solid for owner-occupants.
How strong is the working-renter base in Grady, AL?
Tenant demand in Grady, AL is solid. The local workforce $864/mo rents across most rental classes.
How do landlord-tenant laws work in Grady, AL?
AL law landlord-friendly for landlords, and Grady inherits those rules. Investors should still review local ordinances for rental licensing.
Are rents high in Grady, AL?
Grady, AL rentals go for roughly $864/mo a month. That puts gross yield in solid territory relative to $154K acquisition costs.
What kind of vacancy should I budget for in Grady, AL?
Grady, AL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 36036 now. You don’t know where it ranks.
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How 36036 ranks in Montgomery, AL
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