Real Estate Investing in Perdido, Alabama (36562)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36562 (Perdido, 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: 15.9% of homes vacant — above national norms.
- Lower household income: $36,632 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Perdido, AL (36562)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 36562 Perdido
Investors eyeing 36562 need to respect the fundamentals at play. Home values of $179K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $179K asset, 36562 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 36562 among AL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 36562 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Perdido's stable or hybrid ZIPs before stepping into 36562. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Perdido:
Market Trends
Home Value History (with trend line)
📊 How Does 36562 Compare?
| Metric | 36562 | Perdido | Daphne-Fairhope-Foley, AL | Alabama |
|---|---|---|---|---|
| Home Value | $178,623 | $178,623 | N/A | $231,003 |
| 5-Year CAGR | 1.8% | 1.8% | N/A | 5.6% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 36562 (Perdido, AL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 36562 (Perdido, AL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $178,623 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (7.0%) exceeds the estimated cap rate (4.4%). 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 36562
Population: 1,390
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 36562
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 vacancy a concern in Perdido, AL?
Expect elevated vacancy in Perdido, AL. Rents at $1,008/mo are absorbed by the tenant base without meaningful lag.
Are tenants stable in Perdido, AL?
Working renters make up the core of the Perdido, AL tenant base. The pool is reasonable for investors targeting long-term holds.
What is the typical rental rate in Perdido, AL?
Investors in Perdido, AL typically see rents near $1,008/mo per month against $179K home values - a solid setup for rental cash flow.
Is Perdido, AL a friendly market for rental owners?
Perdido, AL falls under AL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is real estate in Perdido, AL a good investment right now?
Perdido, AL scores 3.0/5 for investability. Home values sit at $179K and rents near $1,008/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 36562 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 36562 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 36562 ranks in Daphne-Fairhope-Foley, AL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 36562 (Perdido)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 36562 (Perdido, AL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.