468 Oakland Rd · Madison, AL 35758

$199,800

3 bd · 1.0 ba · 1,380 sqft · Townhouse public records · 366 Days on market

Built 1985 10,454 sqft lot $145/sqft · 7% above area Est $186k · 7% over

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.6/30.0
• Appreciation +10.0/10.0
• Schools +5.6/10.0
• DSCR +4.5/10.0
• ARV discount +4.2/15.0
• Livability +3.8/5.0
• 1% rule +3.0/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

Key facts

• Big yard
• Remodeled townhome
• Large corner lot

Tags

• REMODELED TOWNHOME
• LARGE CORNER LOT
• PRIVACY FENCE
• END UNIT
• BIG YARD
• MASTER BEDROOM DOWN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $200k.

Deal economics

• At list price, monthly cash flow is $48 ($572/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $160k (20.2% below list).
• Recommended offer: $160k (20.2% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 2.6% in Madison — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#12 in AL, #3,280 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, schools A; Watch: amenities F, commute F.
• Madison City (suburban): math 51% / reading 71% proficiency, ranked #4 of 129 in AL (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.6%/yr); 382 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent is only 16% of the median local income ($117k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 1.6% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 366 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y ago; this cycle's ask has dropped $40k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $29k; list at $200k implies a 589% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,528 (20.2% below list)

Questions for the listing agent

1. It's been on market 366 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.80% ✗
• Cap rate: 6.58%
• Cash-on-cash: 1.02%
• DSCR: 1.05
• GRM: 10.4

CMA / ARV

• ARV (median comp): $186,211
• List price: $199,800
• Delta: 7.30%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
365 Oakland Rd	0.24mi	3/2.0	1,415 (+2%)	7mo	$199,900	$141	75
203 Springvale Cir	0.29mi	2/2.0 (-1)	1,350 (-2%)	2mo	$179,900	$133	72
434 Summerview Dr	0.18mi	2/2.0 (-1)	1,317 (-5%)	5mo	$177,000	$134	70
140 Summerview Dr	0.31mi	3/2.5	1,525 (+10%)	2mo	$180,000	$118	61
423 Oakland Rd	0.09mi	2/1.5 (-1)	1,250 (-9%)	15mo	$200,000	$160	61
301 Autumn Ln	0.18mi	3/2.0	1,464 (+6%)	20mo	$200,000	$137	60
377 Oakland Rd	0.21mi	3/2.0	1,522 (+10%)	12mo	$190,000	$125	59
207 Summerview Dr	0.24mi	3/2.0	1,512 (+10%)	13mo	$185,000	$122	58
403 Summerview Dr	0.26mi	2/1.5 (-1)	1,342 (-3%)	23mo	$175,000	$130	58
436 Oakland Rd	0.07mi	2/2.0 (-1)	1,180 (-14%)	8mo	$118,000	$100	57
302 Winterhaven Trl	0.32mi	3/2.5	1,450 (+5%)	19mo	$197,710	$136	55
376 Oakland Rd	0.21mi	2/2.5 (-1)	1,182 (-14%)	20mo	$130,000	$110	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 1.58% rent growth · sell at horizon

5-year hold

• IRR: 24.6%
• Equity multiple: 2.96×
• Total profit: $109,526
• Equity at exit: $179,996

10-year hold

• IRR: 21.4%
• Equity multiple: 6.64×
• Total profit: $315,690
• Equity at exit: $388,167

Cash invested: $55,944 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 35758

• Home prices YoY: 4.2%
• Rents YoY: 1.6%
• Active inventory: 382
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,595 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$82 /mo · $979/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $48

Break-even live

Break-even rent $1,535

Max offer price $199,800

Occupancy floor 92%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,950
• Closing costs: $5,994
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
403 Oakland Rd Madison, AL	2.0	2.5	1165	$1,295	$1.11	43d	1	0.12mi
194 Shelton Rd Madison, AL	2.0	1.0–2.0	729	$1,149	$1.58	14d	9	0.14mi
124 Westscott Dr Madison, AL	2.0	2.0	994	$1,025	$1.03	21d	1	0.17mi
111 Westscott Dr Madison, AL	2.0	2.0	975	$995	$1.02	43d	1	0.25mi
104 Westscott Dr Madison, AL	2.0	2.0	975	$995	$1.02	43d	1	0.30mi
103 Betty Garrett Dr Madison, AL	4.0	2.0	1537	$2,600	$1.69	43d	1	0.45mi
2002 Flagstone Dr Madison, AL	1.0–3.0	1.0–2.0	973	$1,544	$1.59	14d	77	0.47mi
112 Betty Garrett Dr Madison, AL	4.0	2.0	1841	$2,049	$1.11	43d	1	0.51mi
245 Pineridge Rd Madison, AL	3.0	2.0	1812	$2,000	$1.10	43d	1	0.52mi
115 Betty Garrett Dr Madison, AL	4.0	2.0	1841	$2,090	$1.14	23d	1	0.53mi
121 Betty Garrett Dr Madison, AL	4.0	2.0	1841	$2,000	$1.09	43d	1	0.56mi
286 Slaughter Rd NW Madison, AL	1.0–3.0	1.0–3.0	1385	$2,199	$1.59	13d	31	0.58mi
101 Springfield Ln Madison, AL	3.0	2.0	1640	$2,350	$1.43	43d	1	0.58mi
7900 Old Madison Pike Madison, AL	2.0–4.0	1.0–2.5	1313	$1,445	$1.10	14d	11	0.62mi
1 Madison Park Dr Madison, AL	1.0–3.0	1.0–2.0	1149	$2,157	$1.88	13d	18	0.65mi
100 Arch St Pl Madison, AL	1.0–2.0	1.0–2.0	838	$1,706	$2.03	13d	20	0.76mi
1105 Woodbine Rd Madison, AL	3.0	1.5	1254	$1,500	$1.20	23d	1	0.77mi
105 Browns Ridge Ln Unit 1 Madison, AL	2.0	2.0	984	$1,250	$1.27	23d	1	0.79mi
104 Kathy Cir Madison, AL	3.0	2.0	1768	$1,995	$1.13	43d	1	0.81mi
240 Stadium Way Madison, AL	1.0–2.0	1.0–2.0	995	$1,690	$1.70	14d	29	0.86mi
202 High Rd Madison, AL	3.0	2.5	1759	$2,375	$1.35	23d	1	0.90mi
200 Town Madison Blvd Madison, AL	1.0–2.0	1.0–2.0	998	$1,558	$1.56	14d	22	0.94mi
510 Clift Dr Madison, AL	3.0	2.0	1197	$1,600	$1.34	43d	1	1.03mi
2300 Colonial Lake Dr Madison, AL	1.0–3.0	1.0–2.0	1083	$1,338	$1.23	14d	39	1.08mi
416 Walton Rd Madison, AL	3.0	2.0	1306	$1,795	$1.37	14d	1	1.11mi
712 Marion Dr Madison, AL	3.0	1.0	1253	$1,450	$1.16	43d	1	1.13mi
153 Canterbury Dr Madison, AL	3.0	2.0	1730	$1,950	$1.13	21d	1	1.18mi
200 Millstone Ln Madison, AL	3.0	2.0	1425	$2,000	$1.40	43d	1	1.26mi
349 Waters Edge Ln Unit n/a Madison, AL	2.0	2.0	1055	$1,050	$1.00	43d	1	1.26mi
210 Waters Edge Ln #6 Madison, AL	2.0	2.0	1060	$1,075	$1.01	43d	1	1.27mi
262 Waters Edge Ln Unit 262 Madison, AL	2.0	2.0	1055	$1,175	$1.11	43d	1	1.27mi
124 Iberville St Madison, AL	2.0	2.0	1346	$2,049	$1.52	43d	1	1.34mi
180 Hughes Rd Madison, AL	1.0–4.0	1.0–3.5	1373	$2,250	$1.64	14d	45	1.47mi

Listing history 25 events

1. 2026-06-18
   days on market $199,800 Active 366 DOM
2. 2026-06-17
   days on market $199,800 Active 365 DOM
3. 2026-06-16
   days on market $199,800 Active 364 DOM
4. 2026-06-15
   days on market $199,800 Active 363 DOM
5. 2026-06-14
   days on market $199,800 Active 361 DOM
6. 2026-06-10
   days on market $199,800 Active 358 DOM
7. 2026-06-09
   days on market $199,800 Active 357 DOM
8. 2026-06-08
   days on market $199,800 Active 356 DOM
9. 2026-06-07
   pricedays on market $199,800 Active 355 DOM
10. 2026-06-03
    days on market $199,900 Active 351 DOM
11. 2026-06-02
    days on market $199,900 Active 350 DOM
12. 2026-06-01
    days on market $199,900 Active 349 DOM
13. 2026-05-31
    days on market $199,900 Active 348 DOM
14. 2026-05-30
    days on market $199,900 Active 347 DOM
15. 2026-05-08
    price $199,900 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

16. 2026-05-06
    price $214,800 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

17. 2026-03-28
    status Active 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

18. 2025-12-19
    price $214,900 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

19. 2025-11-17
    price $229,750 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

20. 2025-11-17
    price $229,800 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

21. 2025-09-15
    price $229,900 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

22. 2025-07-30
    price $239,500 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

23. 2025-06-16
    listed $239,900 Active 692-char remark

    Show marketing remark (692 chars)

    100% Financing Available at 5.95%, No PMI, No Origination Fee. JUST REDUCED $15,000! Gorgeous 3 BR, 2 BA Completely remodeled End Unit Townhouse in Madison on a LARGE Corner LOT .24 Acre. Privacy Fence and Big Yard. Master BR Down, 2 Addtl Lg BRs w/Ceiling Fans, New Carpet, and Full Bath Upstairs. Remodeled with New Roof, Freshly Painted Interior and Exterior, New flooring, Lighting, Updated Bathrooms, New SS Kitchen Appliances (Range Oven, Dishwasher). Large Fam Rm w/LVP Flooring, Recessed Lighting, Kitchen w/Eat-in Area. Lots of Counters, Open Area Between Fam Rm & Kitchen. Master Down w/2 closets, LVP Flooring, Private Bath. 12x11 Screened/Sun Rm off Kitchen (not in footage).

24. 2015-02-17
    soldstatus $29,000 162-char remark

    Show marketing remark (162 chars)

    ENJOY YOUR PRIVACY IN THIS 3BEDROOM 2BATH END UNIT WITH MATURE TREES & A PRIVACY FENCE!!! THIS IS A FANNIE MAE HOMEPATH PROPERTY. SCHEDULE YOUR SHOWING TODAY.

25. 2014-11-02
    listed $29,900 162-char remark

    Show marketing remark (162 chars)

    ENJOY YOUR PRIVACY IN THIS 3BEDROOM 2BATH END UNIT WITH MATURE TREES & A PRIVACY FENCE!!! THIS IS A FANNIE MAE HOMEPATH PROPERTY. SCHEDULE YOUR SHOWING TODAY.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $979 · $82/mo
• Projected year-2 tax: $979 · $82/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 14% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,143
• − Mortgage interest: −$11,192
• − Property taxes: −$979
• − Insurance: −$999
• − Repairs & maintenance: −$1,531
• − Management: −$1,531
• − Depreciation: −$5,812
• Taxable loss: −$2,902
• Est. tax savings @ 24.0%: +$696
• After-tax cash flow: $1,269/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Madison City
• NCES district ID: 0100008
• Math proficiency: 51% ▼ -25.00%
• Reading proficiency: 71% ▼ -2.00%
• Median HH income: $89,091
• Composite: 55.56/100
• National rank: #1238
• State rank: #4 of 129 in AL

Livability — Madison

• Score: 76/100
• State rank: #12
• US rank: #3280

Category grades

Amenities F Commute F Cost of living B Crime B+ Employment A+ Housing A+ Health & safety B- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, AL
• County: Madison County · 380,832 people
• City population: 93,742
• Metro: Huntsville, AL
• Population (ZIP): 50,266
• Household income: $117,380
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 875.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 14% Hispanic / Latino 8% Asian 7% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, South Korea, Vietnam
• Languages at home: 87% English-only · Spanish 5% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.46%
• Current HPI: 355.2784
• Rent YoY: ▲ 1.58%
• Metro: Huntsville, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+568.6% since first listed

11 events — show timeline

• 2026-05-08 Price Changed $199,900 VMLS
• 2026-05-06 Price Changed $214,800 VMLS
• 2026-03-28 Relisted — VMLS
• 2025-12-19 Price Changed $214,900 VMLS
• 2025-11-17 Price Changed $229,750 VMLS
• 2025-11-17 Price Changed $229,800 VMLS
• 2025-09-15 Price Changed $229,900 VMLS
• 2025-07-30 Price Changed $239,500 VMLS
• 2025-06-16 Listed $239,900 VMLS
• 2015-02-17 Sold (MLS) $29,000 VMLS
• 2014-11-02 Listed $29,900 VMLS

Property tax history

+10.0%/yr

Latest (2024): $979 · -49.6% YoY. Source: county tax records.