Real Estate Investing in Union Springs, Alabama (36089)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36089 (Union Springs, AL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.1% of homes vacant — above national norms.
- Declining values: -1.4% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 11.4% in the last year.
- Elevated poverty: 31.0% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Union Springs, AL (36089)?
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Market Analysis: 36089 Union Springs
The 36089 ZIP covers a section of Union Springs that demands careful diligence. Prices near $125K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 36089 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 36089's metrics run below Bullock County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 36089 ZIP's population of 7,401 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Experienced landlords with local relationships tend to find 36089 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 Union Springs:
Market Trends
Home Value History (with trend line)
📊 How Does 36089 Compare?
| Metric | 36089 | Union Springs | Alabama |
|---|---|---|---|
| Home Value | $124,831 | $124,831 | $231,003 |
| 5-Year CAGR | N/A | N/A | 5.6% |
| Avg Rent | $711 | $711 | - |
| 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 36089 (Union Springs, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $124,831 |
| Monthly Rent | $711 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 3.1% |
📈 Home Appreciation
| 1-Year | -11.4% ▼ |
| 3-Year CAGR | -3.4% ▼ |
| 5-Year CAGR | -1.4% ▼ |
| 10-Year CAGR | +2.6% ▲ |
🏠 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 (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 36089
Population: 7,401
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 36089
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 median home value in Union Springs, AL?
Union Springs, AL median home values land near $125K. That is reasonable territory for investors looking at $711/mo-per-month rentals.
What is the renter demographic in Union Springs, AL?
Tenant demand in Union Springs, AL is solid. The local workforce $711/mo rents across most rental classes.
Does Union Springs, AL favor landlords or tenants?
Union Springs, AL falls under AL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What does house hacking look like in Union Springs, AL?
House hacking in Union Springs, AL is reasonable to execute. Prices around $125K and rents of $711/mo solid owner-occupant economics.
What are vacancy rates like in Union Springs, AL?
Union Springs, AL carries elevated vacancy risk. Expect consistent absorption at market rents of $711/mo.
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