3617 Mary Dr · Oxford, AL 36203

$165,000

3 bd · 1.0 ba · 1,025 sqft · SingleFamily public records · 336 Days on market

Built 1993 0.35 ac lot $161/sqft · at area comps Est $167k · at est.

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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).

• Cash flow +13.2/30.0
• ARV discount +8.1/15.0
• DSCR +4.0/10.0
• Livability +3.8/5.0
• Schools +3.5/10.0
• 1% rule +2.8/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

Key facts

• Eat-in kitchen
• Back deck
• 0.35 acre lot

Tags

• VALLEY VIEW NEIGHBORHOOD
• OXFORD SCHOOL DISTRICT
• STONE WOOD-BURNING FIREPLACE
• EAT-IN KITCHEN
• DEDICATED LAUNDRY ROOM
• BACK DECK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $-3 ($-39/yr) — negative.
• To cash-flow at today's rent, offer at most $164k (0.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $129k (21.8% below list).
• Recommended offer: $129k (21.8% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.8% in Oxford — 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 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.
• Oxford City (urban): math 27% / reading 55% proficiency, ranked #22 of 129 in AL (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 114 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 $1k of loan paydown is wiped out by about $5k 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 336 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $37k; list at $165k implies a 346% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,954 (21.8% 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 336 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
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. 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?
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: 0.78% ✗
• Cap rate: 6.27%
• Cash-on-cash: -0.08%
• DSCR: 1.00
• GRM: 10.7

CMA / ARV

• ARV (median comp): $167,289
• List price: $165,000
• Delta: -1.37%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3704 Mary Dr	0.08mi	3/2.0	1,044 (+2%)	15mo	$154,400	$148	77
3626 Gunnells Ln	0.22mi	3/2.0	1,008 (-2%)	10mo	$189,000	$188	74
3701 Valleyview Dr	0.18mi	3/2.0	1,122 (+10%)	23mo	$185,900	$166	53
4090 Mcintosh Rd	0.64mi	3/2.0	1,152 (+12%)	19mo	$165,000	$143	30

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 · 0.39% rent growth · sell at horizon

5-year hold

• IRR: -19.1%
• Equity multiple: 0.34×
• Total profit: $-30,297
• Equity at exit: $24,602

10-year hold

• IRR: -17.6%
• Equity multiple: 0.14×
• Total profit: $-39,718
• Equity at exit: $14,266

Cash invested: $46,200 (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 36203

• Home prices YoY: -20.4%
• Rents YoY: 0.4%
• Active inventory: 114
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,290 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$88 /mo · $1,055/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $-3

Break-even live

Break-even rent $1,294

Max offer price $164,428

Occupancy floor 95%

Sensitivity live

Price	-10% $90	-5% $43	+0% $-3	+5% $-50	+10% $-97
Rent	-10% $-105	-5% $-54	+0% $-3	+5% $48	+10% $99
Rate	-1.0pp $80	-0.5pp $39	base $-3	+0.5pp $-46	+1.0pp $-89

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2600 Fitzgerald Rd Oxford, AL	3.0	2.0	1142	$1,325	$1.16	45d	1	0.74mi

Listing history 30 events

1. 2026-06-21
   days on market $165,000 Active 336 DOM
2. 2026-06-19
   days on market $165,000 Active 334 DOM
3. 2026-06-18
   days on market $165,000 Active 333 DOM
4. 2026-06-17
   days on market $165,000 Active 332 DOM
5. 2026-06-16
   days on market $165,000 Active 331 DOM
6. 2026-06-15
   days on market $165,000 Active 330 DOM
7. 2026-06-14
   days on market $165,000 Active 328 DOM
8. 2026-06-13
   days on market $165,000 Active 327 DOM
9. 2026-06-10
   days on market $165,000 Active 325 DOM
10. 2026-06-09
    days on market $165,000 Active 324 DOM
11. 2026-06-09
    price $165,000 Active 323 DOM
12. 2026-06-08
    days on market $175,000 Active 323 DOM
13. 2026-06-07
    days on market $175,000 Active 322 DOM
14. 2026-06-05
    days on market $175,000 Active 319 DOM
15. 2026-06-03
    days on market $175,000 Active 318 DOM
16. 2026-06-02
    days on market $175,000 Active 317 DOM
17. 2026-06-01
    days on market $175,000 Active 316 DOM
18. 2026-05-31
    days on market $175,000 Active 315 DOM
19. 2026-05-30
    days on market $175,000 Active 314 DOM
20. 2026-04-22
    price $175,000 547-char remark

    Show marketing remark (547 chars)

    Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

21. 2026-04-21
    status Active 547-char remark

    Show marketing remark (547 chars)

    Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

22. 2026-03-11
    status Pending 547-char remark

    Show marketing remark (547 chars)

    Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

23. 2026-03-03
    price $160,000 547-char remark

    Show marketing remark (547 chars)

    Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

24. 2025-07-28
    price $175,000 547-char remark

    Show marketing remark (547 chars)

    Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

25. 2025-06-09
    listed $185,000 Active 547-char remark

    Show marketing remark (547 chars)

    Welcome to this 3 bedroom, 2 bathroom home in the sought-after Valley View neighborhood, located in the Oxford School District. This property features a spacious living room with a beautiful stone wood-burning fireplace, perfect for cozy winter evenings. The eat-in kitchen offers ample cabinet space, and the home includes a dedicated laundry room for added convenience. Freshly painted, this home also boasts a back deck and a fenced backyard—ideal for relaxing or entertaining. Don’t miss your chance to view this inviting property!

26. 2015-10-08
    soldstatus $37,000 250-char remark

    Show marketing remark (250 chars)

    Cute 3 bedroom, 2 bath home in great Oxford Community. Fenced in back yard. Rear deck! HUD home sold "as is". No warranty. Equal Housing Opportunity. FHA Financing: IE (Insured with Escrow). FHA case # 011-603698. Great starter home!

27. 2015-10-08
    soldstatus $37,000

    Show marketing remark (250 chars)

    Cute 3 bedroom, 2 bath home in great Oxford Community. Fenced in back yard. Rear deck! HUD home sold "as is". No warranty. Equal Housing Opportunity. FHA Financing: IE (Insured with Escrow). FHA case # 011-603698. Great starter home!

28. 2015-09-01
    historical
29. 2015-06-12
    listed $48,000 250-char remark

    Show marketing remark (250 chars)

    Cute 3 bedroom, 2 bath home in great Oxford Community. Fenced in back yard. Rear deck! HUD home sold "as is". No warranty. Equal Housing Opportunity. FHA Financing: IE (Insured with Escrow). FHA case # 011-603698. Great starter home!

30. 2015-06-12
    listed $48,000

    Show marketing remark (250 chars)

    Cute 3 bedroom, 2 bath home in great Oxford Community. Fenced in back yard. Rear deck! HUD home sold "as is". No warranty. Equal Housing Opportunity. FHA Financing: IE (Insured with Escrow). FHA case # 011-603698. Great starter home!

ⓘ 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: $1,055 · $88/mo
• Projected year-2 tax: $1,055 · $88/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $15,474
• − Mortgage interest: −$9,243
• − Property taxes: −$1,055
• − Insurance: −$825
• − Repairs & maintenance: −$1,238
• − Management: −$1,238
• − Depreciation: −$4,800
• Taxable loss: −$2,924
• Est. tax savings @ 24.0%: +$702
• After-tax cash flow: $663/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: Oxford City
• NCES district ID: 0102635
• Math proficiency: 27% ▼ -25.00%
• Reading proficiency: 55% ▲ 5.00%
• Median HH income: $48,971
• Composite: 35.11/100
• National rank: #5017
• State rank: #22 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

• Census place: Oxford, AL
• County: Calhoun County · 71,763 people
• City population: 18,919
• Metro: Anniston-Oxford, AL
• Population (ZIP): 18,919
• Household income: $69,485
• Rent vs Own: 26.5% rent · 73.5% own
• Severe rent burden: 404.0

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: Predominantly White (72%)
• Race & ethnicity: White 72% Black 17% Hispanic / Latino 7% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 2% Romanian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 6% Korean 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: ▼ -54.24%
• Current HPI: 211.005
• Rent YoY: ▲ 0.39%
• Metro: Anniston-Oxford, 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

+264.6% since first listed

11 events — show timeline

• 2026-04-22 Price Changed $175,000 Greater Alabama MLS
• 2026-04-21 Relisted — Greater Alabama MLS
• 2026-03-11 Pending — Greater Alabama MLS
• 2026-03-03 Price Changed $160,000 Greater Alabama MLS
• 2025-07-28 Price Changed $175,000 Greater Alabama MLS
• 2025-06-09 Listed $185,000 Greater Alabama MLS
• 2015-10-08 Sold (MLS) $37,000 Greater Alabama MLS
• 2015-10-08 Sold (MLS) $37,000 GAMLS
• 2015-09-01 Delisted — Greater Alabama MLS
• 2015-06-12 Listed $48,000 Greater Alabama MLS
• 2015-06-12 Listed $48,000 GAMLS

Property tax history

+12.7%/yr

Latest (2025): $1,055 · +6.1% YoY. Source: county tax records.