3610 Princess St · Huntsville, AL 35810

$143,000

3 bd · 1.0 ba · 1,121 sqft · SingleFamily public records · 9 Days on market

Built 1958 0.40 ac lot Est $142k · at est.

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Why this score? — see what drove the C- 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 +22.8/30.0
• DSCR +7.3/10.0
• ARV discount +7.3/15.0
• 1% rule +5.2/10.0
• Livability +4.1/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Super cute and cozy 3-bedroom, 2-bath home—perfect for a first-time buyer or investor! Nestled on a large lot with plenty of outdoor space, this charming property offers endless possibilities. Conveniently located just 10 minutes from AAMU, Oakwood University, UAH, and MidCity, you’ll love the easy access to schools, shops, and entertainment. The possibilities are endless—make this your next home or investment today!

Key facts

• Large lot
• Outdoor space
• Easy access to shops

Tags

• LARGE LOT
• OUTDOOR SPACE
• EASY ACCESS TO SCHOOLS
• EASY ACCESS TO SHOPS
• EASY ACCESS TO ENTERTAINMENT

Property features AI

Finance

• Other: Directions available: N. Pkwy, L Mastin Lake, cross Blue Springs, R on Princess St
• Financial info: Not specified
• HOA & community: No homeowners association; Subdivision: Pecan Grove

Exterior

• Parking: Detached carport
• Security: Not specified
• Utilities: Public sewer
• Home design: Single-family residence; Built in 1958; One story
• Construction: Masonite exterior; No fireplaces listed
• Exterior features: Public water; Lot dimensions approximately 88 x 198; Lot area about 0.4 acres (17,424 sq ft)

Interior

• Kitchen: Range; Dishwasher
• Bedrooms: Not specified
• Flooring: Not specified
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Crawl space basement; 6 total rooms; One-level layout
• Laundry & utility: Not specified

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $143k.

Deal economics

• At list price, monthly cash flow is $249 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $143k).
• Cap rate 8.4% vs local median 3.8% in Huntsville — 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 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.
• Huntsville City (urban): math 21% / reading 46% proficiency, ranked #48 of 129 in AL (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: James Dawson Elementary (math 0% / reading 24%, grade F, #536 of 627 statewide, top 88%, 432 students, 88% FRL); Jemison High School (math 12% / reading 12%, grade F, #242 of 305 statewide, top 80%, 843 students, 64% FRL) — zoned schools average 76% FRL vs 46% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 12% at this address vs 34% district-wide (-21 pts) — the specific schools serving this property underperform the Huntsville City average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.1%/yr); 337 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent runs 34% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $989 of loan paydown is wiped out by about $4k 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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 4y 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

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $143,000

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.02% ✓
• Cap rate: 8.38%
• Cash-on-cash: 7.46%
• DSCR: 1.33
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $142,367
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3610 Princess St	0.00mi	3/2.0	1,117 (-0%)	1mo	$141,000	$126	95
3121 Greenhill Dr NW	0.39mi	3/1.5	1,100 (-2%)	2mo	$184,000	$167	75
2906 Hester Ln	0.58mi	3/1.0	1,113 (-1%)	2mo	$122,000	$110	70
3604 NW Knollwood Dr NW	0.17mi	3/1.5	1,273 (+14%)	5mo	$183,000	$144	64
4226 Tee Jay Dr NW	0.53mi	3/1.5	1,025 (-9%)	4mo	$145,000	$141	56
3614 Wilbur Ave NW	0.66mi	3/2.0	1,196 (+7%)	2mo	$150,000	$125	52
4206 Irondale Dr NW	0.41mi	2/1.0 (-1)	1,000 (-11%)	8mo	$127,000	$127	51
4227 Keith Dr NW	0.59mi	3/2.0	1,036 (-8%)	10mo	$109,000	$105	48
4209 Eastland Dr NW	0.66mi	3/1.5	1,014 (-10%)	10mo	$173,500	$171	43
2514 Jeri St NW	0.65mi	3/1.5	1,003 (-10%)	10mo	$140,000	$140	42
2709 Oaktree Ln	0.62mi	3/1.0	1,285 (+15%)	9mo	$117,800	$92	39
4710 Lumary Dr NW	0.71mi	2/1.5 (-1)	1,283 (+14%)	6mo	$160,000	$125	31

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.1%
• Equity multiple: 0.71×
• Total profit: $-11,611
• Equity at exit: $21,322

10-year hold

• IRR: -2.7%
• Equity multiple: 0.84×
• Total profit: $-6,286
• Equity at exit: $12,364

Cash invested: $40,040 (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 35810

• Home prices YoY: -23.5%
• Rents YoY: -0.1%
• Active inventory: 337
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,453 high
• Mortgage (P&I): −$750
• Tax from tax record: −$89 /mo · $1,072/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $249

Break-even live

Break-even rent $1,138

Max offer price $143,000

Occupancy floor 78%

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: $35,750
• Closing costs: $4,290
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3601 Fay St NW Huntsville, AL	2.0	1.0	972	$1,195	$1.23	44d	1	0.15mi
3505 Mastin Lake Rd NW Huntsville, AL	3.0	2.0	1376	$2,000	$1.45	44d	1	0.43mi
3205 Lewisburg Dr NW Huntsville, AL	3.0	2.0	1408	$1,600	$1.14	23d	1	0.54mi
2803 Hester Ln NW Huntsville, AL	3.0	1.5	1224	$1,400	$1.14	23d	1	0.61mi
3803 Mastin Lake Rd NW Huntsville, AL	3.0	1.0	1103	$1,295	$1.17	44d	1	0.65mi
2506 Jeri St NW Huntsville, AL	3.0	1.5	1274	$1,400	$1.10	23d	1	0.66mi
3614 Wilbur Ave NW Huntsville, AL	3.0	1.5	1196	$1,420	$1.19	23d	1	0.68mi
3708 Valleydale Rd NW Huntsville, AL	3.0	1.5	1136	$1,350	$1.19	44d	1	0.76mi
4114 Blue Spring Rd NW Huntsville, AL	3.0	2.0	1100	$1,500	$1.36	23d	1	0.76mi
3203 Dyas Dr NW Huntsville, AL	3.0	2.0	1346	$2,100	$1.56	23d	1	0.78mi
3013 Kirkland Dr NW Huntsville, AL	3.0	1.5	1324	$1,295	$0.98	44d	1	0.79mi
3210 Tucker Dr NW Huntsville, AL	3.0	1.0	1005	$1,475	$1.47	14d	1	0.81mi
3706 Wilbanks Dr NW Huntsville, AL	3.0	1.0	1000	$1,300	$1.30	44d	1	0.84mi
2519 Birchfield St NW Huntsville, AL	3.0	1.5	1125	$1,195	$1.06	44d	1	0.85mi
3415 Mimosa Ln NW Huntsville, AL	3.0	2.0	1320	$1,590	$1.20	44d	1	0.85mi
3304 Caywood Dr NW Huntsville, AL	3.0	1.5	1300	$1,475	$1.13	23d	1	0.90mi
3210 Caywood Dr NW Huntsville, AL	3.0	1.0	1005	$1,475	$1.47	14d	1	0.94mi
2708 Monticello Dr NW Huntsville, AL	3.0	1.0	1025	$1,350	$1.32	44d	1	1.08mi
2708 Monticello Dr NW Huntsville, AL	3.0	1.0	1025	$1,300	$1.27	23d	1	1.08mi
5003 Stag Run Cir NW Huntsville, AL	3.0	2.0	1410	$1,450	$1.03	14d	1	1.09mi
2640 Blue Spring Rd NW Huntsville, AL	1.0–3.0	1.0–2.0	944	$1,149	$1.22	44d	3	1.10mi
3309 Charleston Ave NW Huntsville, AL	3.0	2.0	1425	$1,375	$0.96	21d	1	1.10mi
3410 Elizabeth St NW Apt 7 Huntsville, AL	2.0	1.0	800	$799	$1.00	44d	1	1.11mi
3410 Elizabeth St NW Unit 2 Huntsville, AL	2.0	1.0	800	$850	$1.06	44d	1	1.11mi
2401 Mount Vernon Rd NW Huntsville, AL	3.0	1.0	950	$1,045	$1.10	44d	1	1.12mi
2219 Jonathan Dr NW Apt C Huntsville, AL	2.0	1.5	850	$850	$1.00	44d	1	1.19mi
2416 Hanover Dr NW Huntsville, AL	3.0	2.0	1300	$1,395	$1.07	44d	1	1.24mi
2206 Harris Rd NW Huntsville, AL	3.0	1.0	1354	$1,400	$1.03	44d	1	1.29mi
2728 Clayton Dr NW Unit B Huntsville, AL	2.0	1.0	900	$795	$0.88	44d	1	1.29mi
5025 Blue Spring Rd NW Huntsville, AL	3.0	2.5	1273	$1,195	$0.94	14d	2	1.32mi
4802 Proctor Cir NW Huntsville, AL	3.0	1.0	1000	$1,250	$1.25	44d	1	1.32mi
2721 Clayton Dr NW Huntsville, AL	3.0	1.0	1000	$998	$1.00	44d	1	1.33mi
3423 Rosedale Dr NW Huntsville, AL	3.0	1.0	1145	$1,000	$0.87	44d	1	1.33mi
2711 Clayton Dr NW Huntsville, AL	3.0	1.5	1030	$1,400	$1.36	44d	1	1.33mi
3014 Winchester Rd NW Huntsville, AL	2.0	2.0	1480	$2,500	$1.69	44d	1	1.33mi
2433 Shepherd Dr NW Huntsville, AL	3.0	1.0	864	$1,300	$1.50	44d	1	1.36mi
2415 Vining Ave NW Huntsville, AL	3.0	1.0	1079	$1,250	$1.16	14d	1	1.38mi
3721 Broadmor Rd NW Huntsville, AL	3.0	1.5	1423	$1,450	$1.02	44d	1	1.40mi
2215 Shady Lane Dr NW Huntsville, AL	4.0	1.0	1450	$1,500	$1.03	44d	1	1.41mi
2502 Hill St NW Huntsville, AL	3.0	1.0	1288	$1,200	$0.93	44d	1	1.42mi

Listing history 19 events

1. 2026-05-01
   status Pending
2. 2026-04-22
   listed $143,000 Active
3. 2026-04-01
   historical
4. 2026-03-20
   price $147,500
5. 2026-02-06
   price $148,500
6. 2026-01-31
   price $148,800
7. 2026-01-05
   price $149,000
8. 2025-12-08
   price $150,900
9. 2025-11-28
   price $151,000
10. 2025-11-19
    status Active
11. 2025-10-28
    status Pending
12. 2025-10-23
    listed $152,000 Active
13. 2025-05-01
    price $159,000
14. 2025-03-31
    listed $165,000 Active
15. 2022-07-14
    soldstatus $150,000 Sold
16. 2022-07-01
    soldstatus $150,000
17. 2022-06-09
    status Pending
18. 2022-06-03
    listed $150,000 Active
19. 2020-01-07
    soldstatus $50,500

ⓘ 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: $1,072 · $89/mo
• Projected year-2 tax: $1,072 · $89/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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,433
• − Mortgage interest: −$8,010
• − Property taxes: −$1,072
• − Insurance: −$715
• − Repairs & maintenance: −$1,395
• − Management: −$1,395
• − Depreciation: −$4,160
• Taxable income: $687
• Est. tax owed @ 24.0%: −$165
• After-tax cash flow: $2,822/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: Huntsville City
• NCES district ID: 0101800
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $48,264
• Composite: 28.84/100
• National rank: #6647
• State rank: #48 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

• Census place: Huntsville, AL
• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 32,843
• Household income: $51,233
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 1223.0

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 Black (69%)
• Race & ethnicity: Black 69% White 18% Hispanic / Latino 9% Two or more races 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Dominican 2%
• Common ancestry: Italian 2% Lithuanian 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -61.00%
• Current HPI: 198.9629
• Rent YoY: ▬ -0.05%
• 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

+183.2% since first listed

19 events — show timeline

• 2026-05-01 Pending — VMLS
• 2026-04-22 Listed $143,000 VMLS
• 2026-04-01 Delisted — VMLS
• 2026-03-20 Price Changed $147,500 VMLS
• 2026-02-06 Price Changed $148,500 VMLS
• 2026-01-31 Price Changed $148,800 VMLS
• 2026-01-05 Price Changed $149,000 VMLS
• 2025-12-08 Price Changed $150,900 VMLS
• 2025-11-28 Price Changed $151,000 VMLS
• 2025-11-19 Relisted — VMLS
• 2025-10-28 Pending — VMLS
• 2025-10-23 Listed $152,000 VMLS
• 2025-05-01 Price Changed $159,000 VMLS
• 2025-03-31 Listed $165,000 VMLS
• 2022-07-14 Sold (MLS) $150,000 VMLS
• 2022-07-01 Sold (Public Records) $150,000 Public Records
• 2022-06-09 Pending — VMLS
• 2022-06-03 Listed $150,000 VMLS
• 2020-01-07 Sold (Public Records) $50,500 Public Records

Property tax history

+6.5%/yr

Latest (2024): $1,072 · +2.4% YoY. Source: county tax records.