2408 Sunrise Dr · Moody, AL 35004

$224,000

3 bd · 1.0 ba · 1,144 sqft · SingleFamily public records · 28 Days on market

Built 1981 0.52 ac lot Est $214k · at est.

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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).

• Cash flow +14.4/30.0
• ARV discount +5.4/15.0
• DSCR +4.4/10.0
• Rent growth +4.2/5.0
• Schools +3.2/10.0
• Livability +3.2/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this spacious 3 bedroom, 2 bathroom home featuring a large backyard, and an oversized back deck perfect for entertaining, grilling, or relaxing outdoors! Inside, you’ll find a functional layout with plenty of natural light and comfortable living space for the whole family. The basement offers an additional bonus room/living area that would make a great second den, game room, home office, workout space, or potential 4th bedroom. Enjoy the extra storage, flexible floor plan, and outdoor space that’s hard to find at this price point. Conveniently located near shopping, schools, and interstate access. Don’t miss this move-in ready home with room to spread out b

Key facts

• 0.52 acre lot
• Garage
• Built 1981

Property features AI

Finance

• Other: Lot size approximately 0.52 acres; Property not in a flood plain
• Financial info: Garbage fee collected quarterly; Down payment assistance available

Exterior

• Parking: Front garage entry; Driveway parking; 1 total garage space (1 in basement level)
• Utilities: Public water; Septic system; Gas water heater; Internet service available
• Home design: Siding (Hardiplank) exterior; Existing year built (no further year provided); Basement foundation; Not on waterfront; No pool
• Construction: Hardiplank siding; Concrete block basement
• Exterior features: Fenced yard; Porch; Open deck

Interior

• Kitchen: Laminate countertops; Dishwasher (built-in), disposal, built-in microwave, refrigerator, gas stove
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level; Basement includes a den/family room and a bonus room
• Flooring: Carpet; Hardwood; Tile
• Bathrooms: Two full bathrooms; Tub/shower combo
• Heating & cooling: Central heating with gas heat; Central air conditioning
• Interior features: Carpet, hardwood, and tile flooring; Stone woodburning fireplace in the living room; Ceilings noted as 'Other (see remarks)'; Finished and unfinished concrete block basement with pull-down attic access; Basement foundation
• Laundry & utility: Washer hookup with electric dryer hookup; Laundry located on the main level in a closet

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $224k.

Deal economics

• At list price, monthly cash flow is $43 ($521/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 $172k (23.1% below list).
• Recommended offer: $172k (23.1% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 5.0% in Moody — 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 63/100 on livability (#191 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, health & safety F.
• St Clair County (rural): math 21% / reading 52% proficiency, ranked #33 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Moody Elementary School (math 47% / reading 67%, grade C+, #76 of 627 statewide, top 13%, 835 students, 54% FRL); Moody Middle School (math 20% / reading 61%, grade F, #56 of 257 statewide, top 22%, 524 students, 61% FRL); Moody High School (math 17% / reading 22%, grade F, #169 of 305 statewide, top 59%, 687 students, 50% FRL).
• Market conditions: Rents rising fast (+6.7%/yr); 84 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 557 units permitted in St. Clair County in 2024 (0 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 $7k of value loss. Plan a longer hold.
• St. Clair County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($221k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,254 (23.1% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 0.77% ✗
• Cap rate: 6.53%
• Cash-on-cash: 0.83%
• DSCR: 1.04
• GRM: 10.8

CMA / ARV

• ARV (on-the-fly): $213,928
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2815 Pine Tree St	0.16mi	3/2.0	1,206 (+5%)	1mo	$215,000	$178	79
1023 Oak Blvd	0.26mi	3/2.0	1,152 (+1%)	6mo	$193,000	$168	78
1011 Oak Blvd	0.27mi	3/2.0	1,135 (-1%)	6mo	$195,000	$172	77
1039 Oak Blvd	0.26mi	3/2.0	1,188 (+4%)	2mo	$221,900	$187	76
909 Oak Blvd	0.43mi	3/2.0	1,146 (+0%)	1mo	$215,000	$188	75
936 Oak Blvd	0.31mi	3/2.0	1,130 (-1%)	15mo	$205,000	$181	67
2711 Walnut Dr	0.63mi	3/2.0	1,093 (-4%)	4mo	$220,000	$201	56
908 Birch St	0.37mi	3/2.0	1,300 (+14%)	11mo	$213,000	$164	47
1310 Newton Cir	0.36mi	3/2.0	1,248 (+9%)	23mo	$230,000	$184	45
1078 Windsor Pkwy	0.35mi	3/2.0	1,260 (+10%)	21mo	$256,000	$203	45
1136 Windsor Pkwy	0.34mi	3/2.0	1,296 (+13%)	18mo	$250,000	$193	43
1017 Windsor Pkwy	0.49mi	3/2.0	1,308 (+14%)	8mo	$260,000	$199	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 · 6.67% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.57×
• Total profit: $-27,054
• Equity at exit: $33,399

10-year hold

• IRR: 1.7%
• Equity multiple: 1.14×
• Total profit: $8,720
• Equity at exit: $19,367

Cash invested: $62,720 (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 35004

• Home prices YoY: -26.5%
• Rents YoY: 6.7%
• Active inventory: 84
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,723 medium
• Mortgage (P&I): −$1,175
• Tax from tax record: −$49 /mo · $593/yr
• Insurance: −$93
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $43

Break-even live

Break-even rent $1,668

Max offer price $224,000

Occupancy floor 92%

Sensitivity live

Price	-10% $170	-5% $107	+0% $43	+5% $-20	+10% $-83
Rent	-10% $-93	-5% $-25	+0% $43	+5% $111	+10% $179
Rate	-1.0pp $156	-0.5pp $100	base $43	+0.5pp $-15	+1.0pp $-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: $56,000
• Closing costs: $6,720
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2530 Joey Adkins Dr Moody, AL	3.0	2.0	1247	$1,495	$1.20	16d	1	1.12mi
6000 Barrington Pkwy Moody, AL	2.0–3.0	2.0	1232	$1,135	$0.92	3d	1	1.20mi
1135 Avalon Dr Moody, AL	3.0	2.0	1466	$1,849	$1.26	12d	1	1.47mi

Listing history 13 events

1. 2026-06-15
   status $224,000 Pending 28 DOM
2. 2026-06-15
   days on market $224,000 Active 28 DOM
3. 2026-06-13
   days on market $224,000 Active 26 DOM
4. 2026-06-10
   days on market $224,000 Active 23 DOM
5. 2026-06-09
   days on market $224,000 Active 22 DOM
6. 2026-06-08
   days on market $224,000 Active 21 DOM
7. 2026-06-07
   days on market $224,000 Active 20 DOM
8. 2026-06-03
   days on market $224,000 Active 16 DOM
9. 2026-06-02
   days on market $224,000 Active 15 DOM
10. 2026-06-01
    days on market $224,000 Active 14 DOM
11. 2026-05-31
    days on market $224,000 Active 13 DOM
12. 2026-05-18
    listed $224,000 Active
13. 2026-05-15
    historical $224,000

ⓘ 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: $593 · $49/mo
• Projected year-2 tax: $918 · $77/mo
• Expected delta: +$326/yr (+$27/mo · 55.0%)

ⓘ 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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,670
• − Mortgage interest: −$12,547
• − Property taxes: −$593
• − Insurance: −$1,120
• − Repairs & maintenance: −$1,654
• − Management: −$1,654
• − Depreciation: −$6,516
• Taxable loss: −$3,413
• Est. tax savings @ 24.0%: +$819
• After-tax cash flow: $1,340/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: St Clair County
• NCES district ID: 0103062
• Math proficiency: 21% ▼ -34.00%
• Reading proficiency: 52% ▬ 0.00%
• Median HH income: $53,324
• Composite: 31.79/100
• National rank: #5887
• State rank: #33 of 129 in AL

Livability — Moody

• Score: 63/100
• State rank: #191
• US rank: #15571

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Moody, AL
• County: Saint Clair County · 54,404 people
• City population: 12,155
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 12,155
• Household income: $87,652
• Rent vs Own: 26.4% rent · 73.6% own
• Severe rent burden: 108.0

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 94,158 people
• By 2030: 97,008 · +3.0%
• By 2040: 101,615 · +7.9%
• By 2050: 104,537 · +11.0%
• By 2075: 109,350 · +16.1%
• By 2100: 106,785 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Black 13% Two or more races 6% Hispanic / Latino 3% Native American 1%
• Common ancestry: Slovak 4% Lithuanian 3% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Tagalog/Filipino 1% Spanish 1% French/Haitian/Cajun 1%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+64.1) · D 17.6% · R 81.7%
• 2008→2024 swing: -0.9pp no change · 2008: -63.2pp · 2024: -64.1pp
• All cycles: 2024: R+64.1 2020: R+64.0 2016: R+68.6 2012: R+66.1 2008: R+63.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -64.20%
• Current HPI: 177.6589
• Rent YoY: ▲ 6.67%
• Metro: Birmingham-Hoover, 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

+0.0% since first listed

2 events — show timeline

• 2026-05-18 Listed $224,000 Greater Alabama MLS
• 2026-05-15 Coming Soon $224,000 Greater Alabama MLS

Property tax history

+5.4%/yr

Latest (2025): $593 · +0.0% YoY. Source: county tax records.