498 Wood Rd · Sylacauga, AL 35151

$130,000

3 bd · 2.0 ba · 1,976 sqft · SingleFamily · 87 Days on market

Built 1970 Fair condition 1.50 ac lot $66/sqft · 42% below area Est $222k · 42% under

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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 +27.5/30.0
• ARV discount +15.0/15.0
• DSCR +9.7/10.0
• 1% rule +7.5/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Schools +2.2/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful 3BR/2BA brick home situated on 1.5 flat, usable acres in the Childersburg School District! Built in 1970, this solid home offers 1,976 sq ft of living space, an attached carport, and so much potential. Inside, you’ll find a spacious layout featuring a living room, dining room, den, and an extra family room, with the bedrooms conveniently located on the opposite side of the home for added privacy. The seller is leaving the refrigerator, stove, and dishwasher. The property features beautiful land, low annual taxes (currently approx. $80/year), and a recent survey provided by the seller. Being sold AS-IS. Realtor is related to seller.

Key facts

• 1.5 acre lot
• 2 parking spots
• Built 1970

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $130k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $385 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 4.3% in Sylacauga — 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 64/100 on livability (#157 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A-; Watch: crime F, amenities F, commute F.
• Talladega County (rural): math 15% / reading 44% proficiency, ranked #75 of 129 in AL (top 58%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Ah Watwood Elementary School (math 12% / reading 42%, grade F, #392 of 627 statewide, top 65%, 249 students, 80% FRL); Childersburg High School (math 8% / reading 27%, grade F, #190 of 305 statewide, top 63%, 355 students, 82% FRL) — zoned schools average 81% FRL vs 64% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 93 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 189 units permitted in Talladega County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Talladega County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 37% 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 $122,200 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1970 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
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: 1.25% ✓
• Cap rate: 9.85%
• Cash-on-cash: 12.70%
• DSCR: 1.57
• GRM: 6.7

CMA / ARV

• ARV (median comp): $222,381
• List price: $130,000
• Delta: -41.54%
• 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
34995 Highway 280	0.03mi	3/2.0	1,500 (-24%)	3mo	$205,000	$137	71
6701 Old Sylacauga Hwy	0.60mi	3/2.0	2,147 (+9%)	9mo	$300,000	$140	50
150 Desoto Ave	1.32mi	3/2.0	1,771 (-10%)	7mo	$218,000	$123	42
241 College Park Dr	0.58mi	3/2.5	1,505 (-24%)	10mo	$218,070	$145	38
111 Dogwood St	0.70mi	3/2.5	1,567 (-21%)	4mo	$198,049	$126	37
74 Taylor Ln	0.70mi	3/2.5	1,689 (-14%)	7mo	$243,120	$144	35
144 Dogwood St	0.68mi	3/2.5	1,689 (-14%)	10mo	$245,130	$145	34
152 Dogwood St	0.67mi	3/2.5	1,567 (-21%)	10mo	$239,110	$153	33
1118 9th Ave SW	1.32mi	2/2.0 (-1)	2,267 (+15%)	4mo	$163,000	$72	32
533 Meadow Cir	1.27mi	3/2.0	1,500 (-24%)	13mo	$147,000	$98	30
11 Coosa St	1.40mi	4/2.0 (+1)	2,459 (+24%)	8mo	$239,900	$98	29
55 Dogwood St	0.74mi	4/2.0 (+1)	1,567 (-21%)	11mo	$238,880	$152	27

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.5%
• Equity multiple: 1.10×
• Total profit: $3,502
• Equity at exit: $19,383

10-year hold

• IRR: 12.1%
• Equity multiple: 1.95×
• Total profit: $34,752
• Equity at exit: $11,240

Cash invested: $36,400 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 6 active · 10 under contract
• Months of supply: 18.0 mo (6%/mo absorbed)
• Median asking: $219,750 ($140/sqft)
• Median days on market: 151 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -19.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 35151

• Home prices YoY: -14.7%
• Active inventory: 93
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,625 medium
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $385

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 71%

Sensitivity live

Price	-10% $475	-5% $430	+0% $385	+5% $340	+10% $296
Rent	-10% $257	-5% $321	+0% $385	+5% $450	+10% $514
Rate	-1.0pp $451	-0.5pp $418	base $385	+0.5pp $352	+1.0pp $317

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: $32,500
• Closing costs: $3,900
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
176 Dogwood St Childersburg, AL	4.0	2.0	1459	$1,625	$1.11	1d	1	0.66mi

Property features AI

Finance

• Other: Property accessed by paved, public road
• Financial info: $85 quarterly garbage fee
• HOA & community: Garbage fee charged quarterly

Exterior

• Parking: Attached parkingDriveway parkingOff-street parking2-car carport
• Utilities: Public waterSeptic sewerElectric water heaterInternet service available (Spectrum)
• Home design: Single-family existing home4-side brick constructionCrawl space foundation
• Construction: 4-side brick exteriorCrawl space foundationExisting (year built described as existing)
• Exterior features: PorchInterior lot with some treesAcreage and horses permitted

Interior

• Kitchen: Eating area and pantryLaminate countertopsBuilt-in dishwasherElectric oven and electric stoveRefrigerator includedSome stainless appliances
• Bedrooms: Three bedrooms on the main level
• Flooring: CarpetHardwoodTile
• Bathrooms: Two full bathrooms with tub/shower combosLinen closet
• Heating & cooling: Central heating (electric)Central air conditioning (electric)Ceiling fansProgrammable thermostat
• Interior features: French doorsHandyman specialAll window treatments remainCeilings: see remarksOne gas fireplace with masonry surround in the living room
• Laundry & utility: Main-level laundry roomWasher hookupElectric dryer hookupElectric water heater

Listing history 50 events

1. 2026-08-16
   days on market $130,000 Active 87 DOM
2. 2026-08-15
   days on market $130,000 Active 86 DOM
3. 2026-08-14
   days on market $130,000 Active 85 DOM
4. 2026-08-13
   days on market $130,000 Active 84 DOM
5. 2026-08-12
   days on market $130,000 Active 83 DOM
6. 2026-08-11
   days on market $130,000 Active 82 DOM
7. 2026-08-10
   days on market $130,000 Active 81 DOM
8. 2026-08-09
   days on market $130,000 Active 80 DOM
9. 2026-08-08
   days on market $130,000 Active 79 DOM
10. 2026-08-07
    days on market $130,000 Active 78 DOM
11. 2026-08-06
    days on market $130,000 Active 77 DOM
12. 2026-08-05
    days on market $130,000 Active 76 DOM
13. 2026-08-04
    days on market $130,000 Active 75 DOM
14. 2026-08-03
    days on market $130,000 Active 74 DOM
15. 2026-07-31
    days on market $130,000 Active 71 DOM
16. 2026-07-30
    days on market $130,000 Active 70 DOM
17. 2026-07-29
    days on market $130,000 Active 69 DOM
18. 2026-07-27
    days on market $130,000 Active 67 DOM
19. 2026-07-25
    remarks 693-char remark
20. 2026-07-25
    statusdays on market $130,000 Active 65 DOM
21. 2026-07-23
    days on market $130,000 Contingent 63 DOM
22. 2026-07-22
    days on market $130,000 Contingent 62 DOM
23. 2026-07-21
    days on market $130,000 Contingent 61 DOM
24. 2026-07-18
    days on market $130,000 Contingent 58 DOM
25. 2026-07-16
    days on market $130,000 Contingent 56 DOM
26. 2026-07-16
    days on market $130,000 Contingent 55 DOM
27. 2026-07-14
    days on market $130,000 Contingent 54 DOM
28. 2026-07-13
    days on market $130,000 Contingent 53 DOM
29. 2026-07-12
    days on market $130,000 Contingent 52 DOM
30. 2026-07-11
    days on market $130,000 Contingent 51 DOM
31. 2026-07-10
    days on market $130,000 Contingent 50 DOM
32. 2026-07-09
    days on market $130,000 Contingent 49 DOM
33. 2026-07-08
    days on market $130,000 Contingent 48 DOM
34. 2026-07-07
    days on market $130,000 Contingent 47 DOM
35. 2026-07-06
    days on market $130,000 Contingent 46 DOM
36. 2026-07-05
    days on market $130,000 Contingent 45 DOM
37. 2026-07-04
    days on market $130,000 Contingent 44 DOM
38. 2026-07-03
    days on market $130,000 Contingent 43 DOM
39. 2026-07-02
    days on market $130,000 Contingent 42 DOM
40. 2026-07-01
    days on market $130,000 Contingent 41 DOM
41. 2026-06-30
    days on market $130,000 Contingent 40 DOM
42. 2026-06-29
    days on market $130,000 Contingent 39 DOM
43. 2026-06-28
    days on market $130,000 Contingent 38 DOM
44. 2026-06-28
    days on market $130,000 Contingent 37 DOM
45. 2026-06-27
    days on market $130,000 Contingent 36 DOM
46. 2026-06-26
    days on market $130,000 Contingent 35 DOM
47. 2026-06-23
    days on market $130,000 Contingent 32 DOM
48. 2026-06-21
    days on market $130,000 Contingent 31 DOM
49. 2026-06-19
    days on market $130,000 Contingent 29 DOM
50. 2026-06-18
    days on market $130,000 Contingent 28 DOM

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 37% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,500
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,560
• − Management: −$1,560
• − Depreciation: −$3,782
• Taxable income: $2,716
• Est. tax owed @ 24.0%: −$652
• After-tax cash flow: $3,972/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.

Condition & rehab AI · 14 photos

Fair 45/100 Moderate rehab Est. rehab $49,400–$88,920 screening

The home is in fair condition with moderate rehabilitation needed, primarily focusing on the kitchen. Upgrading the kitchen will significantly increase its resale and rental value.

Repairs flagged

• Major Kitchen cabinets — The cabinets are outdated and need to be replaced for a modern look.
• Major Kitchen flooring — The tile flooring is outdated and should be replaced for a more modern and durable option.

Value-add opportunities

• Resale Replace kitchen cabinets and flooring — Updating the kitchen will significantly improve the home's appeal and value for potential buyers. ↑
• Rental Paint interior walls — Painting the interior walls will make the home more appealing to renters and improve the overall living experience. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 22/100

Zoned Schools

Elementary Ah Watwood Elementary School F AL #392/627 Nat'l #28,475/41,679 High Childersburg High School F AL #190/305 Nat'l #14,836/17,239

Schools (NCES district)

• District: Talladega County
• NCES district ID: 0103180
• Math proficiency: 15% ▼ -24.00%
• Reading proficiency: 44% ▲ 3.00%
• Median HH income: $37,715
• Composite: 24.5/100
• National rank: #7650
• State rank: #75 of 129 in AL

C Composite livability gradescore 64/100

Livability — Sylacauga

• Score: 64/100
• State rank: #157
• US rank: #14297

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Talladega · 78,905 people
• City population: 17,118
• Population (ZIP): 7,615
• Household income: $69,228
• Rent vs Own: 10.5% rent · 89.5% own

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Population outlook (Talladega County) Hauer SSP2

• Today (2025): 78,905 people
• By 2030: 77,160 · -2.2%
• By 2040: 72,937 · -7.6%
• By 2050: 68,279 · -13.5%
• By 2075: 57,884 · -26.6%
• By 2100: 47,220 · -40.2%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Black 10% Hispanic / Latino 6% Two or more races 1%
• Common ancestry: Slovak 3% Iranian 1% Italian 1%
• Foreign-born: 5% · Canada, Jamaica, South Korea
• Languages at home: 94% English-only · Spanish 5%

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Political lean MEDSL · Talladega

• 2024 margin: Solid R (+33.8) · D 32.9% · R 66.6%
• 2008→2024 swing: -15.3pp toward R · 2008: -18.5pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+25.5 2016: R+25.6 2012: R+16.0 2008: R+18.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.97%
• Current HPI: 250.4122
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

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Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Property features AI

Finance

• Other: Property accessed by paved, public road
• Financial info: $85 quarterly garbage fee
• HOA & community: Garbage fee charged quarterly

Exterior

• Parking: Attached parkingDriveway parkingOff-street parking2-car carport
• Utilities: Public waterSeptic sewerElectric water heaterInternet service available (Spectrum)
• Home design: Single-family existing home4-side brick constructionCrawl space foundation
• Construction: 4-side brick exteriorCrawl space foundationExisting (year built described as existing)
• Exterior features: PorchInterior lot with some treesAcreage and horses permitted

Interior

• Kitchen: Eating area and pantryLaminate countertopsBuilt-in dishwasherElectric oven and electric stoveRefrigerator includedSome stainless appliances
• Bedrooms: Three bedrooms on the main level
• Flooring: CarpetHardwoodTile
• Bathrooms: Two full bathrooms with tub/shower combosLinen closet
• Heating & cooling: Central heating (electric)Central air conditioning (electric)Ceiling fansProgrammable thermostat
• Interior features: French doorsHandyman specialAll window treatments remainCeilings: see remarksOne gas fireplace with masonry surround in the living room
• Laundry & utility: Main-level laundry roomWasher hookupElectric dryer hookupElectric water heater

Price history

2 events — show timeline

• 2026-05-21 Contingent — Greater Alabama MLS
• 2026-05-21 Listed $130,000 Greater Alabama MLS