Real Estate Investing in Shorterville, Alabama (36373)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36373 (Shorterville, 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: 60.8% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.5% CAGR).
- Elevated poverty: 30.8% poverty rate — can affect rent collection.
- Lower household income: $31,188 median — tenant affordability is tighter.
• 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 Shorterville, AL (36373)?
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Market Analysis: 36373 Shorterville
Investors eyeing 36373 need to respect the fundamentals at play. Home values of $144K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 36373 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within AL, ZIP 36373 trails on several market indicators that neighboring Henry County submarkets outperform. The gap is real and notable enough to shape underwriting.
On balance, 477 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.
Strategically, 36373 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Shorterville:
Market Trends
Home Value History (with trend line)
📊 How Does 36373 Compare?
| Metric | 36373 | Shorterville | Dothan, AL | Alabama |
|---|---|---|---|---|
| Home Value | $144,142 | $144,142 | N/A | $231,003 |
| 5-Year CAGR | 0.5% | 0.5% | N/A | 5.6% |
| Avg Rent | $747 | $747 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 36373 (Shorterville, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,142 |
| Monthly Rent | $747 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 4.5% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +0.5% ▲ |
| 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 (4.0%). 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 36373
Population: 477
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
How much does a house cost in Shorterville, AL?
The median home value in Shorterville, AL is roughly $144K. That puts it reasonable relative to the AL statewide average.
How do experienced investors play Shorterville, AL?
Shorterville, AL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($144K prices, $747/mo rents) make it a reasonable choice.
How much do tenants pay in Shorterville, AL?
The typical rental in Shorterville, AL commands about $747/mo monthly. That rent profile stable cash flow against the $144K purchase basis.
Does a duplex house hack pencil in Shorterville, AL?
House hacking works a challenging in Shorterville, AL. Rents of $747/mo against $144K acquisition make the strategy solid for owner-occupants.
How strong is tenant demand in Shorterville, AL?
Expect a solid tenant pool in Shorterville, AL. The rental market absorbs $747/mo rents without meaningful friction.
You know 36373 now. You don’t know where it ranks.
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