Real Estate Investing in Phenix City, Alabama (36867)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36867 (Phenix City, 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: 14.1% of homes vacant — above national norms.
What’s happening in Phenix City, AL (36867)?
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Market Analysis: 36867 Phenix City
This part of Russell County is not an easy win. The 36867 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 36867 is significant only for operators who understand what they are buying. A $194K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within AL, ZIP 36867 trails on several market indicators that neighboring Russell County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Who lives in 36867 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 36867 is an operator game, not a passive one. Stepping back, entry prices of $194K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Phenix City:
Property Strategy for 36867
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,562 | $1,060 | 7.1% | +9.7% | $53,781 |
| 3BR | $212,881 | $1,380 | 4.7% | +8.7% | $70,960 |
| 4BR | $328,227 | $1,610 | 3.5% | +6.8% | $82,057 |
| 5BR | $404,019 | — | — | +6.1% | $80,804 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 36867 Compare?
| Metric | 36867 | Phenix City | Columbus, GA-AL | Alabama |
|---|---|---|---|---|
| Home Value | $193,897 | $204,674 | N/A | $231,003 |
| 5-Year CAGR | 5.2% | 5.4% | N/A | 5.6% |
| Avg Rent | $1,361 | $1,451 | N/A | - |
| Cap Rate | 5.5% | 5.6% | - | - |
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 36867 (Phenix City, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $193,897 |
| Monthly Rent | $1,361 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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 36867
Population: 22,441
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 36867
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 2,247 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Phenix City, AL landlord-friendly?
AL law landlord-friendly for landlords, and Phenix City inherits those rules. Investors should still review local ordinances for rental licensing.
Is Phenix City in AL worth investing in?
Our data puts Phenix City, AL at 3.0/5 for investability. Home prices of $194K and rents around $1,361/mo create a solid backdrop for investor activity.
What are home prices like in Phenix City, AL?
The median home value in Phenix City, AL is roughly $194K. That puts it reasonable relative to the AL statewide average.
Does a duplex house hack pencil in Phenix City, AL?
For house hackers, Phenix City, AL is a challenging. The $1,361/mo rent on a unit helps defray the mortgage on a $194K property.
Are renters plentiful in Phenix City, AL?
Working renters make up the core of the Phenix City, AL tenant base. The pool is reasonable for investors targeting long-term holds.
You know 36867 now. You don’t know where it ranks.
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How 36867 ranks in Columbus, GA-AL
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