157 S Springview Dr · Enterprise, AL 36330

$150,000

2 bd · 2.5 ba · 1,404 sqft · Townhouse public records · 67 Days on market

Built 2005 3,049 sqft lot $107/sqft · 6% below area Est $160k · 6% under $55/mo HOA · 4% of rent

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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 +17.2/30.0
• ARV discount +10.4/15.0
• DSCR +5.3/10.0
• 1% rule +4.4/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 157 S Springview Drive—a well-maintained 2-bedroom, 2.5-bath townhome offering 1,369 square feet of comfortable living space in a convenient location just minutes from Fort Rucker. This property is tenant-occupied on a month-to-month lease, creating an excellent opportunity for investors seeking immediate rental income or buyers planning a future primary residence. The home features a vinyl privacy-fenced backyard, perfect for relaxing or entertaining. The HOA provides low-maintenance living with amenities that include lawn care, monthly pest control, community swimming pool, and clubhouse access—all for just $55/month. Conveniently located near shopping, dining, and everyday essentials, this townhome offers both value and flexibility in a desirable area. Please note: some photos shown may not reflect the property’s current condition.

Key facts

• Clubhouse access
• $55 HOA
• Garage

Tags

• VINYL PRIVACY-FENCED BACKYARD
• COMMUNITY SWIMMING POOL
• CLUBHOUSE ACCESS

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $106 ($1k/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 $141k (6.3% below list).
• Recommended offer: $141k (6.3% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 4.2% in Enterprise — 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 (#127 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Enterprise City (town): math 40% / reading 60% proficiency, ranked #12 of 129 in AL (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.9%/yr); 444 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 137 units permitted in Coffee County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y 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 $92k; list at $150k implies a 63% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,507 (6.3% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.94% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.02%
• DSCR: 1.13
• GRM: 8.9

CMA / ARV

• ARV (median comp): $160,201
• List price: $150,000
• Delta: -6.37%
• 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
164 S Springview Dr	0.03mi	2/2.5	1,404 (0%)	2mo	$143,500	$102	97
114 Baldwin Dr	0.11mi	2/2.5	1,404 (0%)	0mo	$140,000	$100	94
120 Baldwin Dr	0.10mi	2/2.5	1,404 (0%)	1mo	$166,500	$119	94
103 Wakefield Way	0.14mi	2/2.5	1,404 (0%)	2mo	$165,000	$118	92
155 S Spring View Dr	0.01mi	3/2.5 (+1)	1,495 (+6%)	2mo	$147,000	$98	83
179 Concord Ave	0.32mi	2/2.5	1,404 (0%)	6mo	$165,000	$118	80
108 N Springview Dr	0.17mi	3/2.5 (+1)	1,494 (+6%)	6mo	$153,000	$102	71
40 Woodfield Pl	0.57mi	2/2.5	1,380 (-2%)	3mo	$133,500	$97	68
113 Concord Ave	0.33mi	3/2.5 (+1)	1,494 (+6%)	6mo	$170,000	$114	64
112 Wingate Ave	0.42mi	2/2.0	1,547 (+10%)	1mo	$200,000	$129	61
3145 Achey Dr	0.37mi	2/1.5	1,278 (-9%)	4mo	$140,000	$110	60
75 N Courtyard Way	0.49mi	2/2.5	1,610 (+15%)	2mo	$176,000	$109	51

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 · 3.92% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.61×
• Total profit: $-16,254
• Equity at exit: $22,365

10-year hold

• IRR: 0.0%
• Equity multiple: 1.00×
• Total profit: $16
• Equity at exit: $12,969

Cash invested: $42,000 (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 36330

• Home prices YoY: -19.4%
• Rents YoY: 3.9%
• Active inventory: 444
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,405 high
• Mortgage (P&I): −$787
• Tax from tax record: −$100 /mo · $1,201/yr
• Insurance: −$62
• HOA: −$55
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $106

Break-even live

Break-even rent $1,271

Max offer price $150,000

Occupancy floor 87%

Sensitivity live

Price	-10% $191	-5% $148	+0% $106	+5% $63	+10% $21
Rent	-10% $-5	-5% $50	+0% $106	+5% $161	+10% $217
Rate	-1.0pp $181	-0.5pp $144	base $106	+0.5pp $67	+1.0pp $27

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
118 Baldwin Dr Enterprise, AL	3.0	2.5	1494	$1,375	$0.92	44d	1	0.12mi
114 S Spring View Dr Enterprise, AL	3.0	2.5	1494	$1,300	$0.87	44d	1	0.13mi
107 Wakefield Way Enterprise, AL	2.0	2.5	1369	$1,350	$0.99	44d	1	0.15mi
102 S Spring View Dr Enterprise, AL	2.0	2.5	1404	$1,300	$0.93	44d	1	0.16mi
206 Wakefield Way Enterprise, AL	2.0	2.5	1495	$2,635	$1.76	44d	1	0.19mi
160 N Springview Dr Enterprise, AL	3.0	2.5	1495	$1,350	$0.90	44d	1	0.28mi
184 N Springview Dr Enterprise, AL	3.0	2.5	1494	$1,350	$0.90	44d	1	0.30mi
203 Winthrope Ln Enterprise, AL	2.0	2.5	1365	$1,325	$0.97	44d	1	0.36mi
3101 Achey Dr Enterprise, AL	2.0	1.5	1232	$1,200	$0.97	44d	1	0.37mi
224 Candlebrook Dr Enterprise, AL	2.0	1.5	1024	$1,050	$1.03	44d	1	0.39mi
155 Wingate Ave Enterprise, AL	2.0	2.0	1600	$1,450	$0.91	44d	1	0.39mi
220 Candlebrook Dr Enterprise, AL	2.0	1.5	1024	$995	$0.97	44d	1	0.40mi
25 Courtyard Way Enterprise, AL	2.0	2.5	1632	$1,250	$0.77	44d	1	0.40mi
106 Pineridge Dr Enterprise, AL	2.0	2.5	1427	$1,150	$0.81	44d	1	0.48mi
85 Courtyard Way Enterprise, AL	3.0	2.5	1460	$1,375	$0.94	44d	1	0.51mi
206 Myrtlewood Dr Enterprise, AL	3.0	2.0	1155	$1,400	$1.21	44d	1	0.53mi
133 Commons Dr Enterprise, AL	3.0	2.5	1400	$1,200	$0.86	44d	1	0.77mi
137 Commons Dr Unit 1 Enterprise, AL	2.0	2.5	1369	$1,100	$0.80	44d	1	0.77mi
102 Commons Dr Enterprise, AL	2.0	2.5	1380	$1,250	$0.91	44d	1	0.78mi
114 Commons Dr Enterprise, AL	2.0	2.5	1380	$1,300	$0.94	44d	1	0.79mi
605 Melbourne Dr Enterprise, AL	3.0	2.0	1333	$1,650	$1.24	44d	1	0.80mi
210 Morgan Ln Enterprise, AL	3.0	2.0	1494	$1,300	$0.87	44d	1	1.02mi
214 Morgan Ln Enterprise, AL	3.0	2.0	1322	$1,400	$1.06	44d	1	1.05mi
206 Myrick Dr Enterprise, AL	3.0	2.0	1800	$1,595	$0.89	44d	1	1.12mi
108 Anthony Cir Unit C Enterprise, AL	2.0	2.0	1032	$900	$0.87	44d	1	1.16mi
200 Cheyenne Dr Enterprise, AL	2.0	1.5	1088	$800	$0.74	44d	1	1.43mi

HOA detail

• Monthly dues: $55 · $660/yr
• Likely covers: landscapingpool

Listing history 25 events

1. 2026-06-21
   days on market $150,000 Active 67 DOM
2. 2026-06-19
   days on market $150,000 Active 65 DOM
3. 2026-06-18
   days on market $150,000 Active 64 DOM
4. 2026-06-17
   days on market $150,000 Active 63 DOM
5. 2026-06-16
   days on market $150,000 Active 62 DOM
6. 2026-06-15
   days on market $150,000 Active 61 DOM
7. 2026-06-14
   days on market $150,000 Active 59 DOM
8. 2026-06-12
   days on market $150,000 Active 58 DOM
9. 2026-06-09
   days on market $150,000 Active 55 DOM
10. 2026-06-08
    days on market $150,000 Active 54 DOM
11. 2026-06-07
    days on market $150,000 Active 53 DOM
12. 2026-06-05
    days on market $150,000 Active 50 DOM
13. 2026-06-03
    days on market $150,000 Active 49 DOM
14. 2026-06-02
    days on market $150,000 Active 48 DOM
15. 2026-06-01
    days on market $150,000 Active 47 DOM
16. 2026-05-31
    days on market $150,000 Active 46 DOM
17. 2026-05-30
    days on market $150,000 Active 45 DOM
18. 2026-04-14
    listed $150,000 Active 875-char remark

    Show marketing remark (875 chars)

    Welcome to 157 S Springview Drive—a well-maintained 2-bedroom, 2.5-bath townhome offering 1,369 square feet of comfortable living space in a convenient location just minutes from Fort Rucker. This property is tenant-occupied on a month-to-month lease, creating an excellent opportunity for investors seeking immediate rental income or buyers planning a future primary residence. The home features a vinyl privacy-fenced backyard, perfect for relaxing or entertaining. The HOA provides low-maintenance living with amenities that include lawn care, monthly pest control, community swimming pool, and clubhouse access—all for just $55/month. Conveniently located near shopping, dining, and everyday essentials, this townhome offers both value and flexibility in a desirable area. Please note: some photos shown may not reflect the property’s current condition.

19. 2024-11-22
    historical $1,250
20. 2024-11-14
    listed $1,250
21. 2020-08-25
    soldstatus $92,000
22. 2020-08-21
    soldstatus $92,000 423-char remark

    Show marketing remark (423 chars)

    FRESH PAINT with new flooring on the way! This 2 bedroom, 2.5 bath town home has been a great investment property for almost 10 years. All appliances remain, to include washer & dryer. The HOA maintains the swimming pool, clubhouse, provides monthly pest control and grass cutting making for easy living. Enjoy your morning coffee or evening sweet tea under the covered back patio. Why rent when you can own for less?

23. 2020-07-18
    listed $94,000 423-char remark

    Show marketing remark (423 chars)

    FRESH PAINT with new flooring on the way! This 2 bedroom, 2.5 bath town home has been a great investment property for almost 10 years. All appliances remain, to include washer & dryer. The HOA maintains the swimming pool, clubhouse, provides monthly pest control and grass cutting making for easy living. Enjoy your morning coffee or evening sweet tea under the covered back patio. Why rent when you can own for less?

24. 2018-08-18
    listed $82,000
25. 2011-03-31
    listed $106,500

ⓘ 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: $1,201 · $100/mo
• Projected year-2 tax: $1,201 · $100/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,861
• − Mortgage interest: −$8,402
• − Property taxes: −$1,201
• − Insurance: −$750
• − Repairs & maintenance: −$1,349
• − Management: −$1,349
• − HOA: −$660
• − Depreciation: −$4,364
• Taxable loss: −$1,214
• Est. tax savings @ 24.0%: +$291
• After-tax cash flow: $1,561/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: Enterprise City
• NCES district ID: 0101320
• Math proficiency: 40% ▼ -20.00%
• Reading proficiency: 60% ▲ 4.00%
• Median HH income: $51,311
• Composite: 42.83/100
• National rank: #3136
• State rank: #12 of 129 in AL

Livability — Enterprise

• Score: 65/100
• State rank: #127
• US rank: #12953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enterprise, AL
• County: Coffee County · 39,557 people
• City population: 39,557
• Metro: Enterprise, AL
• Population (ZIP): 39,557
• Household income: $75,765
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 1126.0

Population outlook (Coffee County) Hauer SSP2

• Today (2025): 53,133 people
• By 2030: 53,832 · +1.3%
• By 2040: 54,504 · +2.6%
• By 2050: 54,289 · +2.2%
• By 2075: 51,175 · -3.7%
• By 2100: 46,793 · -11.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 63% Black 17% Hispanic / Latino 13% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 3%
• Common ancestry: Italian 3% Lithuanian 2% Serbian 2%
• Foreign-born: 6% · Canada, Vietnam, South Korea
• Languages at home: 89% English-only · Spanish 8% German/W. Germanic 2%

Political lean MEDSL · Coffee

• 2024 margin: Solid R (+57.9) · D 20.7% · R 78.6%
• 2008→2024 swing: -9.0pp toward R · 2008: -48.9pp · 2024: -57.9pp
• All cycles: 2024: R+57.9 2020: R+53.1 2016: R+56.7 2012: R+49.4 2008: R+48.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.44%
• Current HPI: 184.0163
• Rent YoY: ▲ 3.92%
• Metro: Enterprise, 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

+40.8% since first listed

8 events — show timeline

• 2026-04-14 Listed $150,000 WBR
• 2024-11-22 Rental Removed $1,250 APPFOLIO
• 2024-11-14 Listed for Rent $1,250 APPFOLIO
• 2020-08-25 Sold (Public Records) $92,000 Public Records
• 2020-08-21 Sold (MLS) $92,000 WBR
• 2020-07-18 Listed $94,000 WBR
• 2018-08-18 Listed $82,000 WBR
• 2011-03-31 Listed $106,500 WBR

Property tax history

+12.6%/yr

Latest (2025): $1,201 · +6.8% YoY. Source: county tax records.