Real Estate Investing in Letohatchee, Alabama (36047)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36047 (Letohatchee, AL)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 22.2% of homes vacant — above national norms.
- Declining values: -0.2% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 3.0% in the last year.
- Higher unemployment: 9.3% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Letohatchee, AL (36047)?
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Market Analysis: 36047 Letohatchee
ZIP 36047 in Letohatchee, AL carries a significant set of headwinds. Home values near $165K and rents of $810/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 36047 can be a an appealing option for hunting ground — but the discount at $165K reflects genuine risk that outside investors often underestimate.
In the broader AL picture, 36047 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A healthy renter share of 4% in 36047 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 36047 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Letohatchee:
Market Trends
Home Value History (with trend line)
📊 How Does 36047 Compare?
| Metric | 36047 | Letohatchee | Montgomery, AL | Alabama |
|---|---|---|---|---|
| Home Value | $164,893 | $164,893 | N/A | $231,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.6% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 36047 (Letohatchee, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $164,893 |
| Monthly Rent | $810 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 3.6% |
📈 Home Appreciation
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | -0.2% ▼ |
| 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 (3.8%). 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 36047
Population: 1,248
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 36047
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 is the average monthly rent in Letohatchee, AL?
Expect rents around $810/mo per month in Letohatchee, AL. With home values at $165K, the yield math works out to reasonable levels for rental investors.
Which real estate strategy fits Letohatchee, AL?
The best-fit strategy in Letohatchee, AL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Letohatchee, AL a smart market for rental property?
With a 2.0/5 investability score, Letohatchee, AL ranks as a solid market for rental property investors. Median prices of $165K and rents of $810/mo drive the underlying numbers.
How do home values compare in Letohatchee, AL?
Homes in Letohatchee, AL typically sell near $165K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
How high is vacancy risk in Letohatchee, AL?
Vacancy risk in Letohatchee, AL is elevated. That supports reliable cash flow for typical rental holds.
You know 36047 now. You don’t know where it ranks.
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How 36047 ranks in Montgomery, AL
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