Real Estate Investing in Black, Alabama (36314)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36314 (Black, 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: 18.8% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Black, AL (36314)?
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Market Analysis: 36314 Black
The 36314 ZIP in Black, AL is a local-operator market. Outside capital chasing a $193K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 36314 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within AL, ZIP 36314 trails on several market indicators that neighboring Geneva County submarkets outperform. The gap is real and significant enough to shape underwriting.
The demographic picture in 36314 includes headwinds that any investor should price in. Income distribution skews lower than Black averages, and tenant stability requires active management.
The 36314 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 Black:
Market Trends
Home Value History (with trend line)
📊 How Does 36314 Compare?
| Metric | 36314 | Black | Dothan, AL | Alabama |
|---|---|---|---|---|
| Home Value | $192,586 | $192,586 | N/A | $231,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.6% |
| Avg Rent | $729 | $729 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 36314 (Black, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $192,586 |
| Monthly Rent | $729 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 4.3% |
📈 Home Appreciation
| 1-Year | +12.1% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | N/A |
| 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 (3.0%). 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 36314
Population: 613
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
Frequently Asked Questions
What do rentals go for in Black, AL?
Average rent in Black, AL is approximately $729/mo per month. Against $193K home values that yields a reasonable rent-to-price ratio.
How do experienced investors play Black, AL?
The best-fit strategy in Black, AL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is housing expensive in Black, AL?
Black, AL home values average about $193K. That price point suits investors targeting rentals with $729/mo in monthly income.
Is Black, AL a good market for buy-and-hold investors?
Investors tracking Black, AL will find a 2.0/5 rating supported by $193K median home values and $729/mo rents. That profile suits long-term holders targeting predictable returns.
Is AL a landlord-friendly state?
Landlord-friendliness in Black, AL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 36314 now. You don’t know where it ranks.
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How 36314 ranks in Dothan, AL
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