77 Horizon St · Oxford, AL 36260

$194,454

3 bd · 2.0 ba · 1,373 sqft · SingleFamily · 150 Days on market

Built 2026 $142/sqft · 11% below area Est $218k · 11% under $42/mo HOA · 3% of rent ↓ 12% since listing

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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).

• ARV discount +12.3/15.0
• Cash flow +6.8/30.0
• Appreciation +4.2/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.1/10.0

Listing remarks MLS

This new single-story home offers ample space to live and grow. An open-concept floorplan boasts convenient access to a covered patio for seamless entertaining and leisure. Two bedrooms are tucked away to the side for optimal comfort, while the peaceful owner's suite is nestled at the back of the home with a private bathroom and walk-in closet.

Key facts

• Single-level living
• Lvp flooring
• Modern kitchen

Tags

• SINGLE-LEVEL LIVING
• PRIVATE OWNER'S SUITE
• LVP FLOORING
• MODERN KITCHEN
• STAINLESS STEEL APPLIANCES
• CARTERTON HEIGHTS COMMUNITY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $194k.

Deal economics

• At list price, monthly cash flow is $-299 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $151k (22.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (29.3% below list).
• Recommended offer: $138k (29.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 76/100 on livability (#13 in AL, #3,446 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: 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.
• Market conditions: 59 active listings in the ZIP; 189 units permitted in Talladega County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.5%/yr); year-one equity from $1k of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 150 days — a 12% lower offer ($171k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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, 25% chance of damaging wind over 30y; major 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 $137,547 (29.3% 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 150 days. Have you received any prior offers? Is the seller open to a 29% 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: 0.71% ✗
• Cap rate: 4.45%
• Cash-on-cash: -6.59%
• DSCR: 0.71
• GRM: 11.8

CMA / ARV

• ARV (median comp): $217,677
• List price: $194,454
• Delta: -10.67%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
45 Horizon St	0.03mi	3/2.0	1,373 (0%)	3mo	$217,000	$158	96
78 Horizon St	0.07mi	4/2.0 (+1)	1,459 (+6%)	7mo	$215,705	$148	76

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.51% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.30×
• Total profit: $-38,103
• Equity at exit: $42,203

10-year hold

• IRR: -10.4%
• Equity multiple: 0.15×
• Total profit: $-46,172
• Equity at exit: $40,397

Cash invested: $54,447 (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 36260

• Home prices YoY: -0.6%
• Active inventory: 59
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $1,375 medium
• Mortgage (P&I): −$1,020
• Tax est. 1.5%: −$243 /mo · $2,917/yr
• Insurance: −$81
• HOA: −$42
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $-299

Break-even live

Break-even rent $1,754

Max offer price $151,158

Occupancy floor —

Sensitivity live

Price	-10% $-165	-5% $-232	+0% $-299	+5% $-366	+10% $-434
Rent	-10% $-408	-5% $-354	+0% $-299	+5% $-245	+10% $-191
Rate	-1.0pp $-201	-0.5pp $-250	base $-299	+0.5pp $-350	+1.0pp $-401

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: $48,614
• Closing costs: $5,834
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $42 · $504/yr

Listing history 14 events

1. 2026-05-20
   price $196,545 346-char remark

   Show marketing remark (346 chars)

   This new single-story home offers ample space to live and grow. An open-concept floorplan boasts convenient access to a covered patio for seamless entertaining and leisure. Two bedrooms are tucked away to the side for optimal comfort, while the peaceful owner's suite is nestled at the back of the home with a private bathroom and walk-in closet.

2. 2026-05-02
   price $194,454 346-char remark

   Show marketing remark (533 chars)

   The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

3. 2026-05-02
   price $194,454 533-char remark

   Show marketing remark (533 chars)

   The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

4. 2026-04-23
   price $196,173 346-char remark

   Show marketing remark (346 chars)

   This new single-story home offers ample space to live and grow. An open-concept floorplan boasts convenient access to a covered patio for seamless entertaining and leisure. Two bedrooms are tucked away to the side for optimal comfort, while the peaceful owner's suite is nestled at the back of the home with a private bathroom and walk-in closet.

5. 2026-04-19
   price $195,423 533-char remark

   Show marketing remark (533 chars)

   The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

6. 2026-04-18
   listed $195,423 Active 346-char remark

   Show marketing remark (346 chars)

   This new single-story home offers ample space to live and grow. An open-concept floorplan boasts convenient access to a covered patio for seamless entertaining and leisure. Two bedrooms are tucked away to the side for optimal comfort, while the peaceful owner's suite is nestled at the back of the home with a private bathroom and walk-in closet.

7. 2026-03-28
   price $214,794 533-char remark

   Show marketing remark (533 chars)

   The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

8. 2026-03-28
   price $214,719 533-char remark

   Show marketing remark (533 chars)

   The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

9. 2026-03-04
   price $219,900 533-char remark

   Show marketing remark (533 chars)

   The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

10. 2026-03-03
    status Active 533-char remark

    Show marketing remark (533 chars)

    The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

11. 2026-02-26
    status Pending 533-char remark

    Show marketing remark (533 chars)

    The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

12. 2026-02-24
    price $220,665 533-char remark

    Show marketing remark (533 chars)

    The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

13. 2026-01-23
    price $225,615 533-char remark

    Show marketing remark (533 chars)

    The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

14. 2025-12-20
    listed $223,615 Active 533-char remark

    Show marketing remark (533 chars)

    The Mitchell floor plan by Lennar offers single-level living with a private owner’s suite and additional bedrooms for family or guests. You will LOVE the brand-new stainless appliances! This home is close to top-rated schools, shopping centers, dining options, and just a 10-15 min drive to Super Walmart, Sam's Club, TJ Max, Hobby Lobby, Longhorn's, Texas Roadhouse, Olive Garden, and many more attractions! * Don’t miss your chance to own one of the Last 12 Homes in this Community—schedule your showing today! *

ⓘ 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 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,506
• − Mortgage interest: −$10,892
• − Property taxes: −$2,917
• − Insurance: −$972
• − Repairs & maintenance: −$1,320
• − Management: −$1,320
• − HOA: −$504
• − Depreciation: −$5,657
• Taxable loss: −$7,078
• Est. tax savings @ 24.0%: +$1,699
• After-tax cash flow: $-1,892/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: 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

Livability — Oxford

• Score: 76/100
• State rank: #13
• US rank: #3446

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 18,919
• Population (ZIP): 4,729

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (65%)
• Race & ethnicity: White 65% Black 20% Two or more races 8% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 8% Lithuanian 4% Portuguese 1%
• Foreign-born: 4% · Canada
• Languages at home: 90% English-only · Spanish 6% Arabic 1% Russian/Polish/Slavic 1%

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: ▼ -1.51%
• Current HPI: 272.672
• Rent YoY: —
• Metro: —
• 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

-12.1% since first listed

14 events — show timeline

• 2026-05-20 Price Changed $196,545 Zillow
• 2026-05-02 Price Changed $194,454 Zillow
• 2026-05-02 Price Changed $194,454 Greater Alabama MLS
• 2026-04-23 Price Changed $196,173 Zillow
• 2026-04-19 Price Changed $195,423 Greater Alabama MLS
• 2026-04-18 Listed $195,423 Zillow
• 2026-03-28 Price Changed $214,794 Greater Alabama MLS
• 2026-03-28 Price Changed $214,719 Greater Alabama MLS
• 2026-03-04 Price Changed $219,900 Greater Alabama MLS
• 2026-03-03 Relisted — Greater Alabama MLS
• 2026-02-26 Pending — Greater Alabama MLS
• 2026-02-24 Price Changed $220,665 Greater Alabama MLS
• 2026-01-23 Price Changed $225,615 Greater Alabama MLS
• 2025-12-20 Listed $223,615 Greater Alabama MLS