134 David Barnes Dr · Triana, AL 35756

$245,000

3 bd · 1.0 ba · 1,352 sqft · SingleFamily public records · 19 Days on market

Built 2013 5,227 sqft lot Est $253k · at est. $13/mo HOA · 1% of rent

---

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 +13.9/30.0
• ARV discount +8.9/15.0
• DSCR +4.2/10.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• 1% rule +2.9/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

$0 down, $620 a month to own this 3 bedroom, 2 bath with 2 car garage home with spacious open floor plan. Immaculate family room features warm neutral colors and opens into large eat in kitchen featuring warm cherry stained cabinets and excellent storage pantry. The open eat in kitchen offers sliding glass door leading to grilling patio. The master suite offers its very own glamour bath with spacious walk in closet. Very convenient to Martin Road gate/ Redstone. Madison City Schools!

Key facts

• 2022 water heater
• Brand new roof
• 2022 hvac system

Tags

• BRAND NEW ROOF
• 2022 HVAC SYSTEM
• 2022 WATER HEATER
• RECENTLY REPLACED MICROWAVE
• MOVE IN READY
• HIGHLY DESIRABLE LOCATION

Property features AI

Finance

• HOA & community: Homeowners association with annual fee of $150 (approximately $12.50/month); Community sidewalks and street lights

Exterior

• Parking: Attached garage (1 car); Concrete driveway; Off-street parking
• Utilities: Public water; Public sewer; Electricity connected; Cable available and connected
• Home design: Single-family residential property
• Construction: Brick and fiber cement construction; Slab foundation; Built area above grade: 1,303
• Exterior features: Level city lot; Paved, public-maintained city street frontage; Patio

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Microwave
• Bedrooms: 3 main-level bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Double-pane, ENERGY STAR qualified windows; Patio
• Laundry & utility: Main-level laundry room, inside

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $29 ($346/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 $193k (21.2% below list).
• Recommended offer: $193k (21.2% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 4.0% in Triana — 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 65/100 on livability (#125 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: Monrovia Elementary School (math 37% / reading 69%, grade C, #100 of 627 statewide, top 16%, 495 students, 29% FRL); Monrovia Middle School (math 29% / reading 66%, grade C-, #32 of 257 statewide, top 12%, 1,003 students, 31% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL) — zoned schools at 32% FRL track the district average.
• Market conditions: Rents rising (+1.1%/yr); 826 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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).
• This rent is only 18% of the median local income ($130k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
• 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 19 days — a 2% lower offer ($241k) is reasonable based on typical stale-listing flexibility.
• 3 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 $110k; list at $245k implies a 123% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $193,113 (21.2% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
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: 0.79% ✗
• Cap rate: 6.43%
• Cash-on-cash: 0.50%
• DSCR: 1.02
• GRM: 10.6

CMA / ARV

• ARV (on-the-fly): $252,824
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
812 Willow Shoals Dr	0.09mi	3/2.0	1,445 (+7%)	2mo	$278,000	$192	79
134 Pitts Griffin Dr	0.06mi	3/2.0	1,478 (+9%)	8mo	$250,000	$169	71
154 Harold Murphy Dr	0.29mi	3/2.0	1,439 (+6%)	4mo	$265,000	$184	68
120 Broughton St	0.43mi	3/2.0	1,420 (+5%)	4mo	$261,000	$184	65
111 Ardsley Dr	0.16mi	3/2.0	1,486 (+10%)	9mo	$258,000	$174	64
235 Murphy Ln	0.22mi	3/2.0	1,537 (+14%)	2mo	$289,900	$189	61
703 Willow Shoals Dr	0.34mi	3/2.0	1,443 (+7%)	10mo	$305,000	$211	61
229 Murphy Ln	0.22mi	3/2.0	1,537 (+14%)	8mo	$288,000	$187	56
103 Shirley Harris Dr	0.66mi	2/2.0 (-1)	1,339 (-1%)	3mo	$278,900	$208	56
231 Murphy Ln	0.22mi	3/2.0	1,537 (+14%)	8mo	$291,900	$190	56
142 Murphy Ln	0.44mi	3/2.0	1,538 (+14%)	2mo	$280,000	$182	51
129 Ervin Ln	0.67mi	3/2.0	1,176 (-13%)	10mo	$178,900	$152	35

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 · 1.15% rent growth · sell at horizon

5-year hold

• IRR: -17.4%
• Equity multiple: 0.40×
• Total profit: $-41,485
• Equity at exit: $36,530

10-year hold

• IRR: -12.9%
• Equity multiple: 0.30×
• Total profit: $-48,086
• Equity at exit: $21,183

Cash invested: $68,600 (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 35756

• Home prices YoY: -21.7%
• Rents YoY: 1.1%
• Active inventory: 826
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,931 high
• Mortgage (P&I): −$1,285
• Tax from tax record: −$97 /mo · $1,162/yr
• Insurance: −$102
• HOA: −$13
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $29

Break-even live

Break-even rent $1,895

Max offer price $245,000

Occupancy floor 94%

Sensitivity live

Price	-10% $168	-5% $98	+0% $29	+5% $-41	+10% $-110
Rent	-10% $-124	-5% $-47	+0% $29	+5% $105	+10% $181
Rate	-1.0pp $152	-0.5pp $91	base $29	+0.5pp $-35	+1.0pp $-99

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
122 David Barnes Dr Madison, AL	3.0	2.0	1324	$1,535	$1.16	16d	1	0.03mi
133 Pitts Griffin Dr Madison, AL	3.0	2.0	1370	$1,900	$1.39	16d	1	0.03mi
808 Willow Shoals Dr SW Madison, AL	3.0	2.0	1435	$1,700	$1.18	25d	1	0.13mi
186 Tybee Dr Madison, AL	3.0	2.0	1595	$1,899	$1.19	16d	1	0.15mi
202 Harold Murphy Dr Madison, AL	3.0	2.0	1731	$2,250	$1.30	45d	1	0.15mi
177 Harold Murphy Dr Madison, AL	3.0	2.0	1738	$1,900	$1.09	45d	1	0.18mi
122 Daymark Dr Madison, AL	3.0	2.0	1484	$1,795	$1.21	45d	1	0.28mi
265 Harold Murphy Dr Madison, AL	4.0	3.0	1635	$2,500	$1.53	45d	1	0.33mi
153 Rosemary Ayers Dr Madison, AL	4.0	2.0	1815	$2,295	$1.26	16d	1	0.34mi
711 River Landing Blvd SW Madison, AL	3.0	2.0	1700	$1,800	$1.06	45d	1	0.34mi
138 Riverfront Dr Madison, AL	3.0	2.0	1648	$1,800	$1.09	16d	1	0.35mi
244 Abercorn Dr Madison, AL	4.0	2.0	1820	$1,875	$1.03	45d	1	0.35mi
214 Alonzo Toney Dr Madison, AL	4.0	2.0	1820	$2,150	$1.18	16d	1	0.38mi
128 Mary Caudle Way Madison, AL	4.0	2.0	1863	$1,950	$1.05	25d	1	0.39mi
607 Durbin Ln SW Madison, AL	3.0	2.0	1812	$2,500	$1.38	16d	1	0.49mi
411 Promenade Dr SW Madison, AL	3.0	2.0	1537	$1,750	$1.14	23d	1	0.68mi
418 Falls Pt SW Madison, AL	3.0	3.0	1329	$1,595	$1.20	16d	1	0.68mi
200 Bay Pine Dr Madison, AL	3.0	2.5	1710	$1,899	$1.11	16d	12	0.72mi
344 Falling Water Ln SW Madison, AL	3.0	3.0	1290	$1,545	$1.20	16d	1	0.72mi
324 Falling Water Ln SW Madison, AL	2.0	2.5	1304	$1,550	$1.19	45d	1	0.73mi
500 Promenade Dr SW Madison, AL	3.0	2.5	1569	$1,959	$1.25	16d	5	0.79mi
176 Fields Pond Dr Madison, AL	3.0	2.0	1529	$1,775	$1.16	23d	1	0.99mi
30 E Revere Blvd Madison, AL	1.0–3.0	1.0–2.0	1163	$1,659	$1.43	16d	13	1.04mi
161 Fields Pond Dr Madison, AL	3.0	2.5	1660	$1,700	$1.02	16d	1	1.05mi
240 Fields Pond Dr Madison, AL	3.0	2.0	1683	$1,850	$1.10	16d	1	1.09mi

HOA detail

• Monthly dues: $13 · $156/yr

Listing history 12 events

1. 2026-06-22
   days on market $245,000 Active 19 DOM
2. 2026-06-18
   days on market $245,000 Active 16 DOM
3. 2026-06-17
   days on market $245,000 Active 15 DOM
4. 2026-06-16
   days on market $245,000 Active 14 DOM
5. 2026-06-15
   days on market $245,000 Active 13 DOM
6. 2026-06-14
   days on market $245,000 Active 11 DOM
7. 2026-06-10
   days on market $245,000 Active 8 DOM
8. 2026-06-09
   days on market $245,000 Active 7 DOM
9. 2026-06-08
   days on market $245,000 Active 6 DOM
10. 2026-06-07
    days on market $245,000 Active 5 DOM
11. 2026-06-03
    remarks 687-char remark
12. 2026-06-03
    listed $245,000 Active 1 DOM

ⓘ 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: $1,162 · $97/mo
• Projected year-2 tax: $1,162 · $97/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% 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: $23,174
• − Mortgage interest: −$13,724
• − Property taxes: −$1,162
• − Insurance: −$1,225
• − Repairs & maintenance: −$1,854
• − Management: −$1,854
• − HOA: −$156
• − Depreciation: −$7,127
• Taxable loss: −$3,929
• Est. tax savings @ 24.0%: +$943
• After-tax cash flow: $1,289/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 — Triana

• Score: 65/100
• State rank: #125
• US rank: #12792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Triana, AL
• County: Limestone County · 80,439 people
• Metro: Huntsville, AL
• Population (ZIP): 24,947
• Household income: $129,852
• Rent vs Own: 17.4% rent · 82.6% own
• Severe rent burden: 286.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 59% Black 21% Two or more races 9% Hispanic / Latino 7% Asian 6% Native American 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 3% Serbian 3% Slovak 3%
• Foreign-born: 8% · China, South Korea, Canada
• Languages at home: 90% English-only · Spanish 3% Korean 2% Other Indo-European 2%

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: ▼ -50.15%
• Current HPI: 180.5285
• Rent YoY: ▲ 1.15%
• 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

+129.2% since first listed

6 events — show timeline

• 2026-06-02 Listed $245,000 SAARMLS
• 2015-05-13 Sold (Public Records) $110,000 Public Records
• 2015-05-13 Sold (MLS) $110,000 VMLS
• 2015-02-27 Listed $110,000 VMLS
• 2012-10-19 Sold (MLS) $102,900 VMLS
• 2012-06-23 Listed $106,900 VMLS

Property tax history

+9.8%/yr

Latest (2024): $1,162 · +17.7% YoY. Source: county tax records.