Real Estate Investing in Millbrook, Alabama (36054)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36054 (Millbrook, AL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in Millbrook, AL (36054)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 36054 Millbrook
ZIP 36054 in Millbrook, AL carries a healthy set of headwinds. Home values near $224K and rents of $1,438/mo sit inside a market where underwriting has to be tight.
Rent of $1,438/mo on a $224K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 36054 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Millbrook have seen price recovery that 36054 has not matched. Elmore County data supports the view that the spread is structural rather than temporary.
Meanwhile, 14,891 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.
Strategically, 36054 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Millbrook:
Property Strategy for 36054
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $149,779 | $960 | 4.6% | +8.4% | $74,889 |
| 3BR | $203,406 | $1,230 | 4.4% | +7.4% | $67,802 |
| 4BR | $303,010 | $1,450 | 3.4% | +6.9% | $75,752 |
| 5BR | $418,988 | — | — | — | $83,798 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 36054 Compare?
| Metric | 36054 | Millbrook | Montgomery, AL | Alabama |
|---|---|---|---|---|
| Home Value | $224,447 | $224,447 | N/A | $231,003 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 5.6% |
| Avg Rent | $1,438 | $1,438 | N/A | - |
| Cap Rate | 5.0% | 5.0% | - | - |
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 36054 (Millbrook, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $224,447 |
| Monthly Rent | $1,438 |
| Price-to-Rent | 13.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). 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 36054
Population: 14,891
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 36054
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
Investor Insight: With 3,341 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strict are landlord regulations in Millbrook, AL?
Rental owners in Millbrook, AL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the tenant pool like in Millbrook, AL?
Expect a solid tenant pool in Millbrook, AL. The rental market absorbs $1,438/mo rents without meaningful friction.
What is the typical home price in Millbrook, AL?
Homes in Millbrook, AL typically sell near $224K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
How strong is Millbrook, AL for real estate investors?
Millbrook, AL rates 3.0/5 for investability. With median values at $224K and rents near $1,438/mo, the market offers reasonable fundamentals for rental investors.
Is Millbrook, AL better for rentals, flips, or BRRRR?
Millbrook, AL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($224K prices, $1,438/mo rents) make it a reasonable choice.
You know 36054 now. You don’t know where it ranks.
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How 36054 ranks in Montgomery, AL
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