Real Estate Investing in Bon Secour, Alabama (36511)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36511 (Bon Secour, AL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.3% 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 Bon Secour, AL (36511)?
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Market Analysis: 36511 Bon Secour
The 36511 ZIP covers a section of Bon Secour that demands careful diligence. Prices near $259K look accessible, but the work to make a deal cash flow is real.
The 36511 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Turning to rents, 36511 offers a low basis, the region around Bon Secour has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 36511 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 36511, 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 Bon Secour:
Market Trends
Home Value History (with trend line)
📊 How Does 36511 Compare?
| Metric | 36511 | Bon Secour | Daphne-Fairhope-Foley, AL | Alabama |
|---|---|---|---|---|
| Home Value | $259,036 | $259,036 | N/A | $231,003 |
| 5-Year CAGR | 3.2% | 3.2% | N/A | 5.6% |
| Avg Rent | $1,134 | $1,134 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 36511 (Bon Secour, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,036 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | -2.4% ▼ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +3.2% ▲ |
| 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 (3.4%). 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 36511
Population: 923
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 36511
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Gulf Shores Elementary School
Gulf Shores Middle School
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
Frequently Asked Questions
Should investors worry about vacancy in Bon Secour, AL?
Bon Secour, AL sees elevated vacancy, which is reasonable relative to the broader AL rental market.
What approach is best for Bon Secour, AL real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Bon Secour, AL. The numbers - $259K homes against $1,134/mo rents - support that play.
What do rentals go for in Bon Secour, AL?
Average rent in Bon Secour, AL is approximately $1,134/mo per month. Against $259K home values that yields a reasonable rent-to-price ratio.
Can I house hack in Bon Secour, AL?
Bon Secour, AL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,134/mo rent level.
Does Bon Secour, AL make sense for an investment property?
With a 3.0/5 investability score, Bon Secour, AL ranks as a solid market for rental property investors. Median prices of $259K and rents of $1,134/mo drive the underlying numbers.
You know 36511 now. You don’t know where it ranks.
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How 36511 ranks in Daphne-Fairhope-Foley, AL
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