Real Estate Investing in Saks, Alabama (36206)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36206 (Saks, 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: 13.0% of homes vacant — above national norms.
What’s happening in Saks, AL (36206)?
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Market Analysis: 36206 Saks
Investors eyeing 36206 need to respect the fundamentals at play. Home values of $152K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 36206 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 36206 and stronger Saks ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A resilient renter share of 34% in 36206 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 36206 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 Saks:
Property Strategy for 36206
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $102,358 | $1,010 | 7.1% | +10.4% | $51,179 |
| 3BR | $163,240 | $1,360 | 6.0% | +8.3% | $54,413 |
| 4BR | $215,009 | $1,430 | 4.8% | +7.3% | $53,752 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 36206 Compare?
| Metric | 36206 | Saks | Anniston-Oxford, AL | Alabama |
|---|---|---|---|---|
| Home Value | $151,649 | $151,649 | N/A | $231,003 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 5.6% |
| Avg Rent | $913 | $913 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
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 36206 (Saks, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $151,649 |
| Monthly Rent | $913 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (4.7%). 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 36206
Population: 10,723
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 36206
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Weaver Elementary School
Weaver High School
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 1,015 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Saks, AL?
In Saks, AL the median home value sits at $152K. Against the broader AL market, that reads as reasonable for most investors.
How strong is the working-renter base in Saks, AL?
Tenant demand in Saks, AL is solid. The local workforce $913/mo rents across most rental classes.
Is house hacking profitable in Saks, AL?
House hacking in Saks, AL is reasonable to execute. Prices around $152K and rents of $913/mo solid owner-occupant economics.
What are rental rates like in Saks, AL?
Rental rates in Saks, AL average $913/mo. Tenant demand and $152K home values make the yield look reasonable by investor standards.
Does Saks, AL make sense for an investment property?
The 3.0/5 investability rating in Saks, AL reflects its $152K prices and $913/mo rents. Investors generally consider it a solid option within AL.
You know 36206 now. You don’t know where it ranks.
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How 36206 ranks in Anniston-Oxford, AL
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