211 Chubbs Ln · Owens Cross Roads, AL 35763

$260,000

3 bd · 1.0 ba · 1,282 sqft · SingleFamily public records · 196 Days on market

Built 2023 9,583 sqft lot $203/sqft · at area comps Est $267k · at est. $27/mo HOA · 1% of rent

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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 +11.8/30.0
• ARV discount +8.7/15.0
• Schools +3.7/10.0
• DSCR +3.5/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bright, nearly new 3 bedroom, 2 bath home with an open layout, tons of storage space, covered patio, and a big backyard ready for pets or a garden. The kitchen and dining area are open and functional with granite countertops, stainless steel appliances, and a pantry, flowing right into the dining and living spaces. The owner’s suite is set apart with a spacious walk in closet and a private bath featuring a double vanity and a glass enclosed walk in shower. Extra storage throughout helps keep everything organized. Easy commute with quick access to Downtown Huntsville and Huntsville Hospital in about 20 to 25 minutes, and Redstone Arsenal in roughly 30 minutes.

Key facts

• Big backyard
• Walk-in closet
• Covered patio

Tags

• OPEN-CONCEPT LIVING
• COVERED PATIO
• BIG BACKYARD
• STAINLESS-STEEL APPLIANCES
• WALK-IN CLOSET
• PRIVATE BATHROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-71 ($-857/yr) — negative.
• To cash-flow at today's rent, offer at most $247k (4.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (26.9% below list).
• Recommended offer: $190k (26.9% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.5% in Owens Cross Roads — 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 68/100 on livability (#65 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety 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.
• Zoned schools: Owens Cross Roads School (math 31% / reading 63%, grade D-, #142 of 627 statewide, top 25%, 319 students, 54% FRL); New Hope High School (math 21% / reading 43%, grade F, #59 of 305 statewide, top 21%, 586 students, 57% FRL) — zoned schools average 56% FRL vs 29% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.5%/yr); 374 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 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 196 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 24% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $190,130 (26.9% 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 196 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
7. 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.
8. 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.
9. 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: 0.73% ✗
• Cap rate: 5.96%
• Cash-on-cash: -1.18%
• DSCR: 0.95
• GRM: 11.4

CMA / ARV

• ARV (median comp): $267,312
• List price: $260,000
• Delta: -2.74%
• 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
211 Chubbs Ln	0.00mi	3/2.0	1,281 (-0%)	0mo	$260,000	$203	96
104 Syd Rd	0.11mi	3/2.0	1,281 (-0%)	12mo	$239,900	$187	80
136 Syd Rd	0.08mi	3/2.0	1,281 (-0%)	15mo	$239,990	$187	80
230 Chubbs Ln	0.12mi	3/2.0	1,281 (-0%)	14mo	$239,900	$187	79
139 Syd Rd	0.08mi	3/2.0	1,281 (-0%)	24mo	$249,415	$195	72
107 Winstead Cir	0.56mi	3/2.0	1,325 (+3%)	4mo	$221,000	$167	61
119 Firefly Ln	0.27mi	3/2.0	1,412 (+10%)	10mo	$218,000	$154	58
116 Firefly Ln	0.28mi	3/2.0	1,445 (+13%)	10mo	$215,000	$149	53
177 Winstead Cir	0.60mi	3/2.0	1,325 (+3%)	11mo	$230,000	$174	53
199 Winstead Cir	0.53mi	3/2.0	1,325 (+3%)	23mo	$212,000	$160	47
150 Winstead Cir	0.67mi	3/2.0	1,346 (+5%)	14mo	$229,900	$171	45
170 Winstead Cir	0.61mi	3/2.0	1,350 (+5%)	20mo	$220,000	$163	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 · 3.54% rent growth · sell at horizon

5-year hold

• IRR: -17.8%
• Equity multiple: 0.37×
• Total profit: $-45,749
• Equity at exit: $38,767

10-year hold

• IRR: -9.1%
• Equity multiple: 0.43×
• Total profit: $-41,827
• Equity at exit: $22,480

Cash invested: $72,800 (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 35763

• Home prices YoY: -3.6%
• Rents YoY: 3.5%
• Active inventory: 374
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $1,901 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$75 /mo · $896/yr
• Insurance: −$108
• HOA: −$27
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $-71

Break-even live

Break-even rent $1,992

Max offer price $247,385

Occupancy floor 99%

Sensitivity live

Price	-10% $76	-5% $2	+0% $-71	+5% $-145	+10% $-219
Rent	-10% $-222	-5% $-147	+0% $-71	+5% $4	+10% $79
Rate	-1.0pp $60	-0.5pp $-5	base $-71	+0.5pp $-139	+1.0pp $-207

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
213 Chubbs Ln Owens Cross Roads, AL	3.0	2.0	1628	$1,825	$1.12	45d	1	0.02mi
122 Syd Rd Owens Cross Roads, AL	4.0	2.0	1540	$1,760	$1.14	25d	1	0.11mi
122 Syd Rd Owens Cross Roads, AL	4.0	2.0	1540	$1,760	$1.14	45d	1	0.11mi
122 Syd Rd Owens Cross Roads, AL	4.0	2.0	1540	$1,760	$1.14	15d	1	0.11mi
203 Sedgewick Dr Owens Cross Roads, AL	3.0	2.0	1325	$1,674	$1.26	25d	1	0.47mi
163 Sedgewick Dr Owens Cross Roads, AL	3.0	2.0	1523	$2,300	$1.51	23d	1	0.56mi
106 Belle Haven Dr Owens Cross Roads, AL	3.0	2.5	1594	$1,331	$0.84	25d	1	0.66mi
124 Blackwell Ct Owens Cross Roads, AL	3.0	2.0	1543	$1,553	$1.01	45d	1	0.78mi
108 Hunter Way Owens Cross Roads, AL	3.0	2.0	1400	$1,650	$1.18	15d	1	1.15mi

HOA detail

• Monthly dues: $27 · $324/yr

Listing history 7 events

1. 2026-05-16
   status Pending 673-char remark

   Show marketing remark (673 chars)

   Bright, nearly new 3 bedroom, 2 bath home with an open layout, tons of storage space, covered patio, and a big backyard ready for pets or a garden. The kitchen and dining area are open and functional with granite countertops, stainless steel appliances, and a pantry, flowing right into the dining and living spaces. The owner’s suite is set apart with a spacious walk in closet and a private bath featuring a double vanity and a glass enclosed walk in shower. Extra storage throughout helps keep everything organized. Easy commute with quick access to Downtown Huntsville and Huntsville Hospital in about 20 to 25 minutes, and Redstone Arsenal in roughly 30 minutes.

2. 2026-04-07
   price $260,000 673-char remark

   Show marketing remark (673 chars)

   Bright, nearly new 3 bedroom, 2 bath home with an open layout, tons of storage space, covered patio, and a big backyard ready for pets or a garden. The kitchen and dining area are open and functional with granite countertops, stainless steel appliances, and a pantry, flowing right into the dining and living spaces. The owner’s suite is set apart with a spacious walk in closet and a private bath featuring a double vanity and a glass enclosed walk in shower. Extra storage throughout helps keep everything organized. Easy commute with quick access to Downtown Huntsville and Huntsville Hospital in about 20 to 25 minutes, and Redstone Arsenal in roughly 30 minutes.

3. 2025-10-31
   listed $265,000 Active 673-char remark

   Show marketing remark (673 chars)

   Bright, nearly new 3 bedroom, 2 bath home with an open layout, tons of storage space, covered patio, and a big backyard ready for pets or a garden. The kitchen and dining area are open and functional with granite countertops, stainless steel appliances, and a pantry, flowing right into the dining and living spaces. The owner’s suite is set apart with a spacious walk in closet and a private bath featuring a double vanity and a glass enclosed walk in shower. Extra storage throughout helps keep everything organized. Easy commute with quick access to Downtown Huntsville and Huntsville Hospital in about 20 to 25 minutes, and Redstone Arsenal in roughly 30 minutes.

4. 2023-08-29
   soldstatus $255,900 Sold 487-char remark

   Show marketing remark (487 chars)

   Aldridge plan: Three bedroom, 2 bath home with owner’s suite featuring a spacious walk-in closet, and bath with double sink vanity and walk-in shower. Open concept kitchen, dining and living room area. Kitchen features stainless-steel appliances and granite countertops. Quartz countertops in bathrooms, and Flush mount LED Lighting throughout. SMART HOME equipped with alarm system panel, programmable thermostat, Skybell doorbell, and more! All information TBV by purchaser.

5. 2023-08-03
   status Pending 487-char remark

   Show marketing remark (487 chars)

   Aldridge plan: Three bedroom, 2 bath home with owner’s suite featuring a spacious walk-in closet, and bath with double sink vanity and walk-in shower. Open concept kitchen, dining and living room area. Kitchen features stainless-steel appliances and granite countertops. Quartz countertops in bathrooms, and Flush mount LED Lighting throughout. SMART HOME equipped with alarm system panel, programmable thermostat, Skybell doorbell, and more! All information TBV by purchaser.

6. 2023-07-03
   price $255,900 487-char remark

   Show marketing remark (487 chars)

   Aldridge plan: Three bedroom, 2 bath home with owner’s suite featuring a spacious walk-in closet, and bath with double sink vanity and walk-in shower. Open concept kitchen, dining and living room area. Kitchen features stainless-steel appliances and granite countertops. Quartz countertops in bathrooms, and Flush mount LED Lighting throughout. SMART HOME equipped with alarm system panel, programmable thermostat, Skybell doorbell, and more! All information TBV by purchaser.

7. 2023-04-03
   listed $256,415 Active 487-char remark

   Show marketing remark (487 chars)

   Aldridge plan: Three bedroom, 2 bath home with owner’s suite featuring a spacious walk-in closet, and bath with double sink vanity and walk-in shower. Open concept kitchen, dining and living room area. Kitchen features stainless-steel appliances and granite countertops. Quartz countertops in bathrooms, and Flush mount LED Lighting throughout. SMART HOME equipped with alarm system panel, programmable thermostat, Skybell doorbell, and more! All information TBV by purchaser.

ⓘ 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: $896 · $75/mo
• Projected year-2 tax: $1,066 · $89/mo
• Expected delta: +$170/yr (+$14/mo · 19.0%)

ⓘ 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 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 24% 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: $22,816
• − Mortgage interest: −$14,564
• − Property taxes: −$896
• − Insurance: −$1,300
• − Repairs & maintenance: −$1,825
• − Management: −$1,825
• − HOA: −$324
• − Depreciation: −$7,564
• Taxable loss: −$5,482
• Est. tax savings @ 24.0%: +$1,316
• After-tax cash flow: $459/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 — Owens Cross Roads

• Score: 68/100
• State rank: #65
• US rank: #9303

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Owens Cross Roads, AL
• County: Madison County · 380,832 people
• City population: 19,819
• Metro: Huntsville, AL
• Population (ZIP): 19,819
• Household income: $123,497
• Rent vs Own: 7.5% rent · 92.5% own
• Severe rent burden: 73.0

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 (85%)
• Race & ethnicity: White 85% Two or more races 8% Hispanic / Latino 5% Black 2% Asian 2%
• Common ancestry: Italian 5% Slovak 2% Serbian 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Russian/Polish/Slavic 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: ▼ -10.43%
• Current HPI: 281.0561
• Rent YoY: ▲ 3.54%
• 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

+1.4% since first listed

7 events — show timeline

• 2026-05-16 Pending — VMLS
• 2026-04-07 Price Changed $260,000 VMLS
• 2025-10-31 Listed $265,000 VMLS
• 2023-08-29 Sold (MLS) $255,900 VMLS
• 2023-08-03 Pending — VMLS
• 2023-07-03 Price Changed $255,900 VMLS
• 2023-04-03 Listed $256,415 VMLS