Real Estate Investing in Waverly, Alabama (36879)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36879 (Waverly, AL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 40.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Waverly, AL (36879)?
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Market Analysis: 36879 Waverly
The 36879 ZIP in Waverly, AL is a local-operator market. Outside capital chasing a $462K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 36879 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 36879 sits on the difficult end of the AL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 36879 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 36879 is an operator game, not a passive one. Meanwhile, entry prices of $462K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Waverly:
Property Strategy for 36879
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $367,593 | $1,380 | 2.7% | +5.8% | $122,531 |
| 4BR | $483,099 | $1,470 | 2.2% | +6.3% | $120,775 |
| 5BR | $550,043 | — | — | +6.0% | $110,009 |
Market Trends
Home Value History (with trend line)
📊 How Does 36879 Compare?
| Metric | 36879 | Waverly | Auburn-Opelika, AL | Alabama |
|---|---|---|---|---|
| Home Value | $461,817 | $461,817 | N/A | $231,003 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 5.6% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
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 36879 (Waverly, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $461,817 |
| Monthly Rent | $954 |
| Price-to-Rent | 40.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (1.6%). 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 36879
Population: 2,975
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
🎓 Nearby Colleges & Universities
Investor Insight: With 16,474 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Waverly, AL?
In Waverly, AL the median home value sits at $462K. Against the broader AL market, that reads as reasonable for most investors.
What is the tenant pool like in Waverly, AL?
Expect a solid tenant pool in Waverly, AL. The rental market absorbs $954/mo rents without meaningful friction.
What is the average monthly rent in Waverly, AL?
Rent in Waverly, AL is around $954/mo. The resulting rent-to-value relationship with $462K pricing is reasonable for most investor models.
How strict are landlord regulations in Waverly, AL?
Waverly, AL operates under AL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What is the best play in Waverly, AL?
For Waverly, AL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 36879 now. You don’t know where it ranks.
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How 36879 ranks in Auburn-Opelika, AL
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