Real Estate Investing in Hartford, Alabama (36344)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36344 (Hartford, 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: 18.0% 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 Hartford, AL (36344)?
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Market Analysis: 36344 Hartford
ZIP 36344 in Hartford, AL carries a impressive set of headwinds. Home values near $179K and rents of $765/mo sit inside a market where underwriting has to be tight.
Looking more closely, the numbers look inviting — $179K purchase price, 0.0% nominal cap — the work to hit that pro forma in 36344 is substantial and deserves full respect.
Within AL, ZIP 36344 trails on several market indicators that neighboring Geneva County submarkets outperform. The gap is real and impressive enough to shape underwriting.
On balance, 5,345 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.
Distressed ZIPs reward experience. substantial returns are possible in 36344, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hartford:
Market Trends
Home Value History (with trend line)
📊 How Does 36344 Compare?
| Metric | 36344 | Hartford | Dothan, AL | Alabama |
|---|---|---|---|---|
| Home Value | $179,018 | $179,018 | N/A | $231,003 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.6% |
| Avg Rent | $765 | $765 | 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 36344 (Hartford, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $179,018 |
| Monthly Rent | $765 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 36344
Population: 5,345
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 36344
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 investment strategy works best in Hartford, AL?
Most investors in Hartford, AL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the average home sale price in Hartford, AL?
Expect median prices around $179K in Hartford, AL. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What do landlords charge for rent in Hartford, AL?
Expect rents around $765/mo per month in Hartford, AL. With home values at $179K, the yield math works out to reasonable levels for rental investors.
How landlord-friendly is Hartford, AL?
The landlord environment in Hartford, AL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Does Hartford, AL make sense for an investment property?
The 3.0/5 investability rating in Hartford, AL reflects its $179K prices and $765/mo rents. Investors generally consider it a solid option within AL.
You know 36344 now. You don’t know where it ranks.
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How 36344 ranks in Dothan, AL
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