Real Estate Investing in Bay Minette, Alabama (36507)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36507 (Bay Minette, 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.
- Elevated vacancy: 11.4% vacancy may signal weakening demand.
What’s happening in Bay Minette, AL (36507)?
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Market Analysis: 36507 Bay Minette
Not every below-median market is a bargain. Bay Minette's 36507 ZIP comes in at signals that favor experienced operators who can absorb the risk $216K pricing implies.
For an experienced owner, 36507 can be a a strong candidate for hunting ground — but the discount at $216K reflects genuine risk that outside investors often underestimate.
Within AL, ZIP 36507 trails on several market indicators that neighboring Baldwin County submarkets outperform. The gap is real and significant enough to shape underwriting.
The demographic picture in 36507 includes headwinds that any investor should price in. Income distribution skews lower than Bay Minette averages, and tenant stability requires active management.
Strategy in 36507 is an operator game, not a passive one. On balance, entry prices of $216K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Bay Minette:
Property Strategy for 36507
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $144,502 | $1,120 | 5.6% | +4.9% | $72,251 |
| 3BR | $220,326 | $1,400 | 4.6% | +6.8% | $73,442 |
| 4BR | $313,173 | $1,780 | 4.1% | +6.8% | $78,293 |
| 5BR | $413,873 | — | — | — | $82,775 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 36507 Compare?
| Metric | 36507 | Bay Minette | Daphne-Fairhope-Foley, AL | Alabama |
|---|---|---|---|---|
| Home Value | $215,870 | $215,870 | N/A | $231,003 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 5.6% |
| Avg Rent | $1,695 | $1,695 | N/A | - |
| Cap Rate | 6.1% | 6.1% | - | - |
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 36507 (Bay Minette, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $215,870 |
| Monthly Rent | $1,695 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.4% |
| Cap Rate | 6.1% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (6.1%). 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 36507
Population: 20,350
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 36507
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,465 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Bay Minette in AL worth investing in?
Our data puts Bay Minette, AL at 3.0/5 for investability. Home prices of $216K and rents around $1,695/mo create a solid backdrop for investor activity.
What is the rental occupancy rate in Bay Minette, AL?
Occupancy in Bay Minette, AL runs predictable with elevated vacancy. Well-priced units at $1,695/mo lease on reasonable timelines.
How strong are rents in Bay Minette, AL?
The typical rental in Bay Minette, AL commands about $1,695/mo monthly. That rent profile steady cash flow against the $216K purchase basis.
Is Bay Minette, AL good for house hacking?
House hacking in Bay Minette, AL is a challenging. With home values around $216K and rents at $1,695/mo, owner-occupants can offset a meaningful share of PITI.
Are eviction rules reasonable in Bay Minette, AL?
For rental operators, Bay Minette, AL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 36507 now. You don’t know where it ranks.
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How 36507 ranks in Daphne-Fairhope-Foley, AL
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