2100 Aftonbrae Dr · Huntsville, AL 35803

$200,000

4 bd · 3.0 ba · 2,135 sqft · SingleFamily public records · 10 Days on market

Built 1965 0.56 ac lot $94/sqft · 41% below area Est $343k · 42% under

---

Why this score? — see what drove the B- 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 +25.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +5.8/10.0
• Livability +4.1/5.0
• Rent growth +3.4/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor special with strong upside potential. This property offers a rare opportunity to renovate and build equity in a convenient location near major amenities, shopping, and commuter routes. Ideal for investors or buyers looking to customize a home from the ground up that are looking for an amazing lot. Sold as-is.

Key facts

• Commuter routes
• Shopping
• Convenient location

Tags

• CONVENIENT LOCATION
• MAJOR AMENITIES
• SHOPPING
• COMMUTER ROUTES
• AMAZING LOT

Property features AI

Finance

• HOA & community: No homeowners association; Subdivision: Willow Park Estates; Community curbs

Exterior

• Parking: Garage faces side
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two levels; Built in 1965; Not new construction
• Construction: Vinyl siding
• Exterior features: Treed lot; Curb and gutters; Concrete driveway

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Crawl space basement

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $452 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 9.0% vs local median 3.8% in Huntsville — 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 82/100 on livability (#3 in AL, #1,082 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Huntsville City (urban): math 21% / reading 46% proficiency, ranked #48 of 129 in AL (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Weatherly Heights Elementary School (math 27% / reading 62%, grade F, #171 of 627 statewide, top 31%, 481 students, 42% FRL); Mountain Gap Middle School (math 27% / reading 63%, grade D, #38 of 257 statewide, top 14%, 419 students, 44% FRL); Virgil Grissom High School (math 34% / reading 40%, grade F, #39 of 305 statewide, top 13%, 1,974 students, 43% FRL) — zoned schools at 43% FRL track the district average.
• Market conditions: Rents rising (+3.7%/yr); 280 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 83% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.7% rent growth), your $56k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $152k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,000

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 9.00%
• Cash-on-cash: 9.69%
• DSCR: 1.43
• GRM: 7.7

CMA / ARV

• ARV (median comp): $342,711
• List price: $200,000
• Delta: -41.64%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9410 Valley Ln	0.33mi	4/3.0	2,204 (+3%)	7mo	$343,000	$156	73
2509 SE Box Canyon Rd SE	0.33mi	4/2.5	2,233 (+5%)	7mo	$345,500	$155	69
10012 Allison Dr	0.17mi	5/2.5 (+1)	2,342 (+10%)	7mo	$330,000	$141	63
9700 Welch Cir SE	0.50mi	3/2.5 (-1)	2,233 (+5%)	1mo	$345,000	$155	61
9628 Waldrop Dr SE	0.53mi	4/2.5	2,231 (+4%)	6mo	$370,000	$166	61
9403 Ojay Dr SE	0.52mi	4/2.5	2,290 (+7%)	6mo	$350,000	$153	57
9606 Dortmund Dr SE	0.69mi	4/2.5	2,230 (+4%)	4mo	$240,500	$108	55
9408 Ojay Dr	0.52mi	4/2.5	2,407 (+13%)	6mo	$376,000	$156	48
1906 Spanish Oaks Dr	0.68mi	3/2.5 (-1)	2,301 (+8%)	2mo	$314,500	$137	47
9702 Dortmund Dr SE	0.61mi	4/2.5	1,821 (-15%)	2mo	$340,000	$187	44
9413 Lynns Ter SE	0.62mi	4/2.5	2,430 (+14%)	4mo	$325,000	$134	43
2703 Box Canyon Rd SE	0.65mi	4/2.5	2,380 (+12%)	8mo	$330,000	$139	42

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

Projected returns pro-forma

-3.0% appreciation · 3.72% rent growth · sell at horizon

5-year hold

• IRR: -1.0%
• Equity multiple: 0.96×
• Total profit: $-2,080
• Equity at exit: $29,821

10-year hold

• IRR: 9.4%
• Equity multiple: 1.74×
• Total profit: $41,681
• Equity at exit: $17,292

Cash invested: $56,000 (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 35803

• Home prices YoY: -22.9%
• Rents YoY: 3.7%
• Active inventory: 280
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,169 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$130 /mo · $1,555/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$456
• Net cashflow: $452

Break-even live

Break-even rent $1,597

Max offer price $200,000

Occupancy floor 74%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9802 Dolphin Dr SE Huntsville, AL	4.0	2.0	2160	$2,175	$1.01	43d	1	0.82mi
1225 Willowbrook Dr SE Huntsville, AL	1.0–3.0	1.0–2.5	1132	$1,238	$1.09	23d	21	1.05mi
8711 Edgehill Dr SE Huntsville, AL	3.0	2.5	2263	$2,250	$0.99	43d	1	1.18mi
2624 Excalibur Dr SE Huntsville, AL	4.0	2.5	2350	$2,300	$0.98	43d	1	1.25mi
912 Mountain Gap Rd SE Huntsville, AL	3.0	2.0	1500	$1,700	$1.13	43d	1	1.44mi
1305 Hiwan Trl SE Huntsville, AL	4.0	2.5	2656	$2,500	$0.94	43d	1	1.48mi

Listing history 3 events

1. 2026-05-15
   status Pending 319-char remark
2. 2026-05-05
   listed $200,000 Active 319-char remark
3. 2005-08-16
   soldstatus $152,100

ⓘ 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: $1,555 · $130/mo
• Projected year-2 tax: $1,555 · $130/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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,031
• − Mortgage interest: −$11,203
• − Property taxes: −$1,555
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,083
• − Management: −$2,083
• − Depreciation: −$5,818
• Taxable income: $2,290
• Est. tax owed @ 24.0%: −$550
• After-tax cash flow: $4,874/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: Huntsville City
• NCES district ID: 0101800
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $48,264
• Composite: 28.84/100
• National rank: #6647
• State rank: #48 of 129 in AL

Livability — Huntsville

• Score: 82/100
• State rank: #3
• US rank: #1082

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntsville, AL
• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 29,197
• Household income: $100,846
• Rent vs Own: 16.6% rent · 83.4% own
• Severe rent burden: 411.0

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 (82%)
• Race & ethnicity: White 82% Hispanic / Latino 7% Two or more races 7% Black 4% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 6% · Canada, China, South Korea
• Languages at home: 92% English-only · Spanish 3% Chinese 2% German/W. Germanic 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: ▼ -110.53%
• Current HPI: 372.1842
• Rent YoY: ▲ 3.72%
• 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

+31.5% since first listed

3 events — show timeline

• 2026-05-15 Pending — VMLS
• 2026-05-05 Listed $200,000 VMLS
• 2005-08-16 Sold (Public Records) $152,100 Public Records

Property tax history

-3.1%/yr

Latest (2024): $1,555 · +6.7% YoY. Source: county tax records.