3140 Maysville Rd · Huntsville, AL 35811

$275,000

4 bd · 2.0 ba · 1,821 sqft · SingleFamily public records · 114 Days on market

Built 1940 0.26 ac lot $151/sqft · 19% below area Est $339k · 19% under

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +7.0/30.0
• Rent growth +4.2/5.0
• Livability +4.1/5.0
• Schools +3.7/10.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• Appreciation +1.4/10.0
• DSCR +1.2/10.0

Listing remarks MLS

This well-updated Huntsville home offers functional space, thoughtful improvements, and strong value. Recent upgrades include a new HVAC system with separate units for the main level and upper bedrooms, updated plumbing, a new roof, new gutters, fresh interior paint, new LVP flooring throughout, and an updated kitchen with stainless steel appliances, butcher block countertops, and a center island. The home is move-in ready and may qualify for FHA or VA financing, subject to lender approval. Seller is offering up to $10,000 toward buyer closing costs with an acceptable offer. An excellent opportunity for first-time buyers or anyone looking for a solid, well-maintained home.

Key facts

• 0.26 acre lot
• 2 garage spots
• Listed 113 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-401 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $217k (21.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (31.0% below list).
• Recommended offer: $190k (31.0% below list) — sets the bar for 1% rule.

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.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+6.8%/yr); 560 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $2k of loan paydown is wiped out by about $8k 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.

Negotiation context

• It's been on market 114 days — a 9% lower offer ($250k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $130k; list at $275k implies a 112% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,818 (31.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 114 days. Have you received any prior offers? Is the seller open to a 31% concession, seller financing, or rate buy-down credit?
3. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.69% ✗
• Cap rate: 4.54%
• Cash-on-cash: -6.25%
• DSCR: 0.72
• GRM: 12.1

CMA / ARV

• ARV (median comp): $339,231
• List price: $275,000
• Delta: -18.93%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Cedar Glen Dr	0.18mi	3/2.0 (-1)	1,766 (-3%)	2mo	$329,900	$187	80
221 Grasslands Rd	0.26mi	4/2.0	1,989 (+9%)	4mo	$330,000	$166	69
104 Hickory Glen Cir	0.42mi	3/2.0 (-1)	1,745 (-4%)	3mo	$350,000	$201	66
215 Tara Leigh Dr	0.13mi	3/2.0 (-1)	1,720 (-6%)	18mo	$347,500	$202	64
133 Hurricane Creek Rd	0.12mi	3/1.0 (-1)	1,645 (-10%)	11mo	$224,500	$136	60
236 Grasslands Rd	0.33mi	4/3.0	2,074 (+14%)	16mo	$339,000	$163	44

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 · 6.81% rent growth · sell at horizon

5-year hold

• IRR: -22.9%
• Equity multiple: 0.19×
• Total profit: $-62,512
• Equity at exit: $41,003

10-year hold

• IRR: -9.8%
• Equity multiple: 0.30×
• Total profit: $-53,661
• Equity at exit: $23,777

Cash invested: $77,000 (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 35811

• Home prices YoY: -2.1%
• Rents YoY: 6.8%
• Active inventory: 560
• Price-to-rent: 12.1×

Monthly cashflow live

• Estimated rent: $1,898 medium
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $-401

Break-even live

Break-even rent $2,406

Max offer price $216,989

Occupancy floor —

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3140 Maysville Rd NE Huntsville, AL	4.0	2.0	1821	$2,109	$1.16	14d	1	0.01mi

Listing history 6 events

1. 2026-02-02
   listed $275,000 Active 682-char remark

   Show marketing remark (682 chars)

   This well-updated Huntsville home offers functional space, thoughtful improvements, and strong value. Recent upgrades include a new HVAC system with separate units for the main level and upper bedrooms, updated plumbing, a new roof, new gutters, fresh interior paint, new LVP flooring throughout, and an updated kitchen with stainless steel appliances, butcher block countertops, and a center island. The home is move-in ready and may qualify for FHA or VA financing, subject to lender approval. Seller is offering up to $10,000 toward buyer closing costs with an acceptable offer. An excellent opportunity for first-time buyers or anyone looking for a solid, well-maintained home.

2. 2025-12-31
   soldstatus $130,000
3. 2025-03-06
   soldstatus $75,000
4. 2013-07-22
   soldstatus $89,900
5. 2013-03-01
   soldstatus $23,750 109-char remark

   Show marketing remark (109 chars)

   LARGE KITCHEN W/ISLAND & 2ND SINK, DISHWASHER & GARBAGE DISPOSAL. THIS PROPERTY IS NOW UNDER AUCTION.

6. 2012-08-10
   listed $39,900 109-char remark

   Show marketing remark (109 chars)

   LARGE KITCHEN W/ISLAND & 2ND SINK, DISHWASHER & GARBAGE DISPOSAL. THIS PROPERTY IS NOW UNDER AUCTION.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,778
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$1,822
• − Management: −$1,822
• − Depreciation: −$8,000
• Taxable loss: −$9,771
• Est. tax savings @ 24.0%: +$2,345
• After-tax cash flow: $-2,466/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 County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 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

• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 31,008
• Household income: $90,812
• Rent vs Own: 22.4% rent · 77.6% own
• Severe rent burden: 517.0

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: Majority White (64%)
• Race & ethnicity: White 64% Black 27% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Slovak 2% Italian 2% Serbian 2%
• Foreign-born: 4% · Canada, Vietnam, China
• Languages at home: 95% English-only · Spanish 3% Vietnamese 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: ▼ -7.13%
• Current HPI: 332.9423
• Rent YoY: ▲ 6.81%
• 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

+589.2% since first listed

6 events — show timeline

• 2026-02-02 Listed $275,000 VMLS
• 2025-12-31 Sold (Public Records) $130,000 Public Records
• 2025-03-06 Sold (Public Records) $75,000 Public Records
• 2013-07-22 Sold (Public Records) $89,900 Public Records
• 2013-03-01 Sold (MLS) $23,750 VMLS
• 2012-08-10 Listed $39,900 VMLS

Property tax history

+6.2%/yr

Latest (2024): $308 · +2.9% YoY. Source: county tax records.