Real Estate Investing in Chancellor, Alabama (36316)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36316 (Chancellor, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.4% 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 Chancellor, AL (36316)?
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Market Analysis: 36316 Chancellor
The 36316 ZIP in Chancellor, AL is a local-operator market. Outside capital chasing a $196K entry has to pair deep knowledge with the discount.
Rent of $819/mo on a $196K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 36316 sits below the stated 0.0% once reality is priced in.
Within AL, ZIP 36316 trails on several market indicators that neighboring Geneva County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Who lives in 36316 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 36316 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Chancellor:
Market Trends
Home Value History (with trend line)
📊 How Does 36316 Compare?
| Metric | 36316 | Chancellor | Dothan, AL | Alabama |
|---|---|---|---|---|
| Home Value | $195,577 | $195,577 | N/A | $231,003 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 5.6% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 36316 (Chancellor, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $195,577 |
| Monthly Rent | $819 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 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 (3.3%). 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 36316
Population: 2,199
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How do home values compare in Chancellor, AL?
Homes in Chancellor, AL typically sell near $196K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Is Chancellor, AL a friendly market for rental owners?
Chancellor, AL falls under AL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is it easy to find good tenants in Chancellor, AL?
Tenant demand in Chancellor, AL is solid. The local workforce $819/mo rents across most rental classes.
Which investment style suits Chancellor, AL?
A careful cash-flow rentals with hands-on management strategy Chancellor, AL best. The market produces reliable results for that approach at the $196K price point.
Are there empty rentals in Chancellor, AL?
Chancellor, AL sees elevated vacancy, which is reasonable relative to the broader AL rental market.
You know 36316 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 36316 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 36316 ranks in Dothan, AL
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