30057 Glenrose Way · Huntsville, AL 35749

$290,000

4 bd · 1.5 ba · 2,382 sqft · SingleFamily public records · 90 Days on market

Built 2015 8,712 sqft lot $122/sqft · 10% below area Est $337k · 14% under $12/mo HOA ↓ 59% since listing

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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 +16.0/30.0
• ARV discount +13.7/15.0
• DSCR +4.9/10.0
• Livability +4.1/5.0
• 1% rule +3.3/10.0
• Schools +2.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Seller concessions added! 2-1 rate buy down and preferred lender incentives that put real money back at closing. If rates have been holding you back, this changes the math. This welcoming 4BR/2.5BA home offers generous living spaces and a layout built for real life. The kitchen opens to the heart of the home, multiple living areas give flexibility for gathering, working, or relaxing, and storage is everywhere - large closets, extra spaces, everything has its place. Fenced backyard backs to a peaceful pond, perfect for quiet evenings, cookouts, or letting pets run. When Alabama weather rolls in, the tornado shelter has you covered. Room to spread out and room to grow. Ask for more details.

Key facts

• Large closets
• Peaceful pond
• Tornado shelter

Tags

• FULLY FENCED BACKYARD
• PEACEFUL POND
• TORNADO SHELTER
• MULTIPLE LIVING AREAS
• LARGE CLOSETS
• EXTRA STORAGE SPACES

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $76 ($915/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 $241k (17.0% below list).
• Recommended offer: $241k (17.0% below list) — sets the bar for 1% rule.
• Cap rate 6.9% 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.
• Market conditions: Rents flat; 667 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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

• It's been on market 90 days — a 6% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $25k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $240k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood 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 $240,756 (17.0% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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?
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: 0.83% ✗
• Cap rate: 6.88%
• Cash-on-cash: 2.11%
• DSCR: 1.09
• GRM: 10.0

CMA / ARV

• ARV (median comp): $336,617
• List price: $290,000
• Delta: -13.85%
• 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
356 Sandy Oak Dr	0.17mi	4/3.0	2,377 (-0%)	4mo	$379,900	$160	82
360 Sandy Oak Dr	0.19mi	4/3.0	2,361 (-1%)	3mo	$386,200	$164	82
117 Duskwood Dr	0.35mi	4/3.0	2,377 (-0%)	2mo	$349,900	$147	76
354 Sandy Oak Dr	0.17mi	4/3.0	2,595 (+9%)	1mo	$398,900	$154	70
106 Sunlit Grove Dr	0.18mi	4/3.0	2,160 (-9%)	1mo	$325,000	$150	69
103 Duskwood Dr	0.26mi	4/3.0	2,577 (+8%)	0mo	$415,000	$161	68
389 Sandy Oak Dr	0.32mi	4/3.0	2,595 (+9%)	1mo	$392,900	$151	63
128 Duskwood Dr	0.38mi	4/3.0	2,595 (+9%)	3mo	$392,900	$151	59
138 Oak Fletcher Dr	0.38mi	4/2.0	2,089 (-12%)	4mo	$344,000	$165	57
29900 Thunderpaw Dr	0.70mi	4/2.0	2,536 (+6%)	2mo	$328,000	$129	53
118 Roxberry Dr	0.42mi	5/3.0 (+1)	2,708 (+14%)	1mo	$402,000	$148	46
29794 Thunderpaw Dr	0.73mi	3/2.0 (-1)	2,584 (+8%)	1mo	$285,000	$110	44

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 · 0.81% rent growth · sell at horizon

5-year hold

• IRR: -16.8%
• Equity multiple: 0.42×
• Total profit: $-47,400
• Equity at exit: $43,240

10-year hold

• IRR: -12.9%
• Equity multiple: 0.31×
• Total profit: $-55,707
• Equity at exit: $25,074

Cash invested: $81,200 (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 35749

• Home prices YoY: -5.4%
• Rents YoY: 0.8%
• Active inventory: 667
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,408 high
• Mortgage (P&I): −$1,521
• Tax from tax record: −$106 /mo · $1,267/yr
• Insurance: −$121
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$12
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $76

Break-even live

Break-even rent $2,311

Max offer price $290,000

Occupancy floor 92%

Sensitivity live

Price	-10% $240	-5% $158	+0% $76	+5% $-6	+10% $-88
Rent	-10% $-114	-5% $-19	+0% $76	+5% $171	+10% $266
Rate	-1.0pp $222	-0.5pp $150	base $76	+0.5pp $1	+1.0pp $-75

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: $72,500
• Closing costs: $8,700
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
30199 Plantation Park Dr NW Harvest, AL	5.0	3.0	2565	$3,000	$1.17	24d	1	0.05mi
30000 Abbeywood Ln Harvest, AL	3.0	2.0	1618	$1,600	$0.99	24d	1	0.14mi
29889 Glenrose Way Harvest, AL	3.0	2.0	1670	$1,600	$0.96	24d	1	0.17mi
227 Poplar Hollow Dr Harvest, AL	4.0	3.0	2108	$2,100	$1.00	44d	1	0.27mi
17331 Fieldway Cir Harvest, AL	3.0	2.0	1648	$1,800	$1.09	22d	1	0.52mi
106 Smith Vasser Rd Harvest, AL	4.0	3.0	2620	$2,300	$0.88	44d	1	0.53mi
29873 Copper Run Dr Harvest, AL	5.0	2.5	2966	$2,700	$0.91	15d	1	0.72mi
15980 Trey Hughes Dr Harvest, AL	4.0	2.5	1898	$1,686	$0.89	44d	1	0.84mi
15881 Elaine Ct Unit 1250617P Harvest, AL	3.0	2.0	2497	$4,891	$1.96	15d	1	0.86mi
29419 Canoe Cir NW Harvest, AL	4.0	2.5	1964	$2,095	$1.07	24d	1	0.92mi
15818 Trey Hughes Dr Harvest, AL	5.0	3.0	2662	$2,822	$1.06	44d	1	1.00mi
179 Raspberry Way Madison, AL	4.0	2.0	2021	$2,000	$0.99	24d	1	1.28mi
15626 Ironcrest Dr NW Harvest, AL	4.0	2.0	1815	$2,000	$1.10	24d	1	1.35mi

HOA detail

• Monthly dues: $12 · $144/yr

Listing history 25 events

1. 2026-06-14
   statusdays on market $290,000 Pending 90 DOM
2. 2026-06-10
   days on market $290,000 Active 89 DOM
3. 2026-06-09
   days on market $290,000 Active 88 DOM
4. 2026-06-08
   days on market $290,000 Active 87 DOM
5. 2026-06-07
   days on market $290,000 Active 86 DOM
6. 2026-06-03
   days on market $290,000 Active 82 DOM
7. 2026-06-03
   price $290,000 Active 81 DOM
8. 2026-06-02
   days on market $298,000 Active 81 DOM
9. 2026-06-01
   days on market $298,000 Active 80 DOM
10. 2026-05-31
    days on market $298,000 Active 79 DOM
11. 2026-05-30
    days on market $298,000 Active 78 DOM
12. 2026-05-08
    price $299,000 697-char remark

    Show marketing remark (697 chars)

    Seller concessions added! 2-1 rate buy down and preferred lender incentives that put real money back at closing. If rates have been holding you back, this changes the math. This welcoming 4BR/2.5BA home offers generous living spaces and a layout built for real life. The kitchen opens to the heart of the home, multiple living areas give flexibility for gathering, working, or relaxing, and storage is everywhere - large closets, extra spaces, everything has its place. Fenced backyard backs to a peaceful pond, perfect for quiet evenings, cookouts, or letting pets run. When Alabama weather rolls in, the tornado shelter has you covered. Room to spread out and room to grow. Ask for more details.

13. 2026-04-01
    price $300,000 697-char remark

    Show marketing remark (697 chars)

    Seller concessions added! 2-1 rate buy down and preferred lender incentives that put real money back at closing. If rates have been holding you back, this changes the math. This welcoming 4BR/2.5BA home offers generous living spaces and a layout built for real life. The kitchen opens to the heart of the home, multiple living areas give flexibility for gathering, working, or relaxing, and storage is everywhere - large closets, extra spaces, everything has its place. Fenced backyard backs to a peaceful pond, perfect for quiet evenings, cookouts, or letting pets run. When Alabama weather rolls in, the tornado shelter has you covered. Room to spread out and room to grow. Ask for more details.

14. 2026-03-13
    listed $315,000 Active 697-char remark

    Show marketing remark (697 chars)

    Seller concessions added! 2-1 rate buy down and preferred lender incentives that put real money back at closing. If rates have been holding you back, this changes the math. This welcoming 4BR/2.5BA home offers generous living spaces and a layout built for real life. The kitchen opens to the heart of the home, multiple living areas give flexibility for gathering, working, or relaxing, and storage is everywhere - large closets, extra spaces, everything has its place. Fenced backyard backs to a peaceful pond, perfect for quiet evenings, cookouts, or letting pets run. When Alabama weather rolls in, the tornado shelter has you covered. Room to spread out and room to grow. Ask for more details.

15. 2021-04-08
    soldstatus $240,000
16. 2021-04-08
    soldstatus $240,000
17. 2021-04-01
    soldstatus $240,000 Sold 544-char remark

    Show marketing remark (544 chars)

    Need more room? Check out this 4 bedroom, 3 bath home. Open concept floor plan. Kitchen has a walk in pantry and large island with a breakfast bar. Half bath downstairs for guests and convenience. Downstairs study can be used as an office, reading room or play room. All bedrooms are upstairs. Large master bedroom has a large walk in closet. Master bath includes double sinks, a garden tub, and a separate shower. 9' smooth ceilings. Covered front and back porch for enjoying the yard! Fenced in backyard. Choice Ultimate 1 Year Home Warranty.

18. 2021-02-24
    status Pending 544-char remark

    Show marketing remark (544 chars)

    Need more room? Check out this 4 bedroom, 3 bath home. Open concept floor plan. Kitchen has a walk in pantry and large island with a breakfast bar. Half bath downstairs for guests and convenience. Downstairs study can be used as an office, reading room or play room. All bedrooms are upstairs. Large master bedroom has a large walk in closet. Master bath includes double sinks, a garden tub, and a separate shower. 9' smooth ceilings. Covered front and back porch for enjoying the yard! Fenced in backyard. Choice Ultimate 1 Year Home Warranty.

19. 2021-02-23
    status Pending 544-char remark

    Show marketing remark (544 chars)

    Need more room? Check out this 4 bedroom, 3 bath home. Open concept floor plan. Kitchen has a walk in pantry and large island with a breakfast bar. Half bath downstairs for guests and convenience. Downstairs study can be used as an office, reading room or play room. All bedrooms are upstairs. Large master bedroom has a large walk in closet. Master bath includes double sinks, a garden tub, and a separate shower. 9' smooth ceilings. Covered front and back porch for enjoying the yard! Fenced in backyard. Choice Ultimate 1 Year Home Warranty.

20. 2021-02-14
    status Pending 544-char remark

    Show marketing remark (544 chars)

    Need more room? Check out this 4 bedroom, 3 bath home. Open concept floor plan. Kitchen has a walk in pantry and large island with a breakfast bar. Half bath downstairs for guests and convenience. Downstairs study can be used as an office, reading room or play room. All bedrooms are upstairs. Large master bedroom has a large walk in closet. Master bath includes double sinks, a garden tub, and a separate shower. 9' smooth ceilings. Covered front and back porch for enjoying the yard! Fenced in backyard. Choice Ultimate 1 Year Home Warranty.

21. 2021-02-05
    listed $249,900 Active 544-char remark

    Show marketing remark (544 chars)

    Need more room? Check out this 4 bedroom, 3 bath home. Open concept floor plan. Kitchen has a walk in pantry and large island with a breakfast bar. Half bath downstairs for guests and convenience. Downstairs study can be used as an office, reading room or play room. All bedrooms are upstairs. Large master bedroom has a large walk in closet. Master bath includes double sinks, a garden tub, and a separate shower. 9' smooth ceilings. Covered front and back porch for enjoying the yard! Fenced in backyard. Choice Ultimate 1 Year Home Warranty.

22. 2020-10-07
    listed $234,900
23. 2016-05-09
    soldstatus $150,150
24. 2015-04-01
    listed $155,900
25. 2014-10-20
    soldstatus $721,500

ⓘ 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: $1,267 · $106/mo
• Projected year-2 tax: $1,267 · $106/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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 20 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: $28,891
• − Mortgage interest: −$16,245
• − Property taxes: −$1,267
• − Insurance: −$2,248
• − Repairs & maintenance: −$2,311
• − Management: −$2,311
• − HOA: −$144
• − Depreciation: −$8,436
• Taxable loss: −$4,072
• Est. tax savings @ 24.0%: +$977
• 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: 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): 30,710
• Household income: $103,901
• Rent vs Own: 12.4% rent · 87.6% own
• Severe rent burden: 174.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 60% Black 29% Two or more races 7% Hispanic / Latino 4% Asian 2%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 3% Korean 1% Other Indo-European 1%

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: ▼ -16.54%
• Current HPI: 291.1184
• Rent YoY: ▲ 0.81%
• 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

-58.6% since first listed

14 events — show timeline

• 2026-05-08 Price Changed $299,000 VMLS
• 2026-04-01 Price Changed $300,000 VMLS
• 2026-03-13 Listed $315,000 VMLS
• 2021-04-08 Sold (Public Records) $240,000 Public Records
• 2021-04-08 Sold (Public Records) $240,000 Public Records
• 2021-04-01 Sold (MLS) $240,000 VMLS
• 2021-02-24 Pending — VMLS
• 2021-02-23 Pending — VMLS
• 2021-02-14 Pending — VMLS
• 2021-02-05 Listed $249,900 VMLS
• 2020-10-07 Listed $234,900 VMLS
• 2016-05-09 Sold (MLS) $150,150 VMLS
• 2015-04-01 Listed $155,900 VMLS
• 2014-10-20 Sold (Public Records) $721,500 Public Records

Property tax history

+13.8%/yr

Latest (2024): $1,267 · +13.0% YoY. Source: county tax records.