Fosters, AL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.4%

Below average

Monthly Cash Flow

-$154

After all expenses

Price-to-Rent

11.5

Investor-friendly

DSCR

0.85

Fails

📊 Key Metrics

Median Home Price
$188,375
Average Rent (3BR)
$1,360/mo
Price-to-Rent Ratio
11.5(good)
1% Rule
0.72%(fails — need 1%+)
Cash-on-Cash Return
-4.3%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
2.8%(-1.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-0.2% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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Property Tax Rate

0.39%

of assessed value (AL avg)

Median Income

$56,956

household (AL avg)

Rent-to-Income

28.7%

Affordable

Section 8 Max Rent

$1,360/mo

3BR voucher payment

🏛️ AL Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.39% effective

Population Trend

-0.2% (3yr)

🏘️ Best Zip Codes in Fosters for Investors

35463
Cap Rate: 5.4%Cash Flow: -$154/mo$188,375
35463
Cap Rate: 5.4%Cash Flow: -$154/mo$188,375

All Zip Codes in Fosters

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
354635.4%-$154$188,375$1,360/mo0.85
354635.4%-$154$188,375$1,360/mo0.85