106 Whitney Ave NE · Huntsville, AL 35811

$159,000

3 bd · 1.0 ba · 960 sqft · SingleFamily public records · 199 Days on market

Built 1959 0.25 ac lot $166/sqft · at area comps Est $154k · 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 +14.1/30.0
• ARV discount +5.9/15.0
• DSCR +4.3/10.0
• Rent growth +4.2/5.0
• Livability +4.1/5.0
• Schools +2.9/10.0
• 1% rule +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +1.4/10.0

Listing remarks MLS

Affordable Investment or Ideal Student Housing! Just minutes from Alabama A & M University, this 3 bedroom, 1 bathroom, bank-owned property offers an outstanding opportunity for investors, first-time buyers, or parents seeking housing for students. With 970 sq ft, this home features an efficient floor plan with a comfortable living area and three cozy bedrooms that make excellent use of space. The kitchen and bath offer a solid foundation for updates or personal touches, giving buyers room to add value quickly. The level lot is easy to maintain and provides space for parking or small outdoor setups. Its prime location near campus, shopping, and public transportation makes this property ideal for reliable rental demand. Key Features: 3 Bedrooms / 1 Bathroom 970 sq ft with an efficient layout Bank-owned property priced to sell Minutes from Alabama A & M University Strong investment potential Perfect for student rental or affordable living Convenient access to schools, shopping, and

Key facts

• Efficient floor plan
• Space for parking
• Level lot

Tags

• EFFICIENT FLOOR PLAN
• SOLID FOUNDATION FOR UPDATES
• LEVEL LOT
• SPACE FOR PARKING
• PRIME LOCATION NEAR CAMPUS
• CONVENIENT ACCESS TO SCHOOLS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $24 ($293/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 $124k (21.9% below list).
• Recommended offer: $124k (21.9% below list) — sets the bar for 1% rule.
• Cap rate 6.5% 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: Martin Luther King Jr Elementary School (math 4% / reading 18%, grade F, #560 of 627 statewide, top 90%, 464 students, 89% FRL); Lee High School (math 2% / reading 17%, grade F, #252 of 305 statewide, top 84%, 840 students, 77% FRL) — zoned schools average 83% FRL vs 46% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 10% at this address vs 34% district-wide (-23 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 rising fast (+6.8%/yr); 570 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent is only 16% of the median local income ($91k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
• 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 199 days — a 12% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
• 2 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 1959 — 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 $124,167 (21.9% below list)

Questions for the listing agent

1. It's been on market 199 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.78% ✗
• Cap rate: 6.48%
• Cash-on-cash: 0.66%
• DSCR: 1.03
• GRM: 10.7

CMA / ARV

• ARV (median comp): $153,541
• List price: $159,000
• Delta: 3.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
112 Wilkenson Dr NE	0.08mi	3/1.0	1,023 (+7%)	7mo	$155,000	$152	79
203 Victory Ln NE	0.23mi	3/1.0	925 (-4%)	8mo	$166,000	$179	77
3807 Melody Rd NE	0.41mi	3/1.0	920 (-4%)	3mo	$151,000	$164	72
133 Wilkenson Dr NE	0.17mi	3/1.0	864 (-10%)	8mo	$145,000	$168	69
172 Wilkenson Dr NE	0.16mi	3/1.0	884 (-8%)	20mo	$145,000	$164	63
153 Wilkenson Dr NE	0.27mi	3/1.0	864 (-10%)	12mo	$162,500	$188	61
3803 Melody Rd NE	0.39mi	3/1.0	931 (-3%)	20mo	$162,900	$175	60
3815 Colton Ln NE	0.30mi	3/1.0	900 (-6%)	21mo	$179,900	$200	58
3820 Colton Ln	0.33mi	4/1.5 (+1)	1,098 (+14%)	12mo	$170,000	$155	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 · 6.81% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.57×
• Total profit: $-19,335
• Equity at exit: $23,707

10-year hold

• IRR: 1.9%
• Equity multiple: 1.15×
• Total profit: $6,825
• Equity at exit: $13,747

Cash invested: $44,520 (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 35811

• Home prices YoY: -2.1%
• Rents YoY: 6.8%
• Active inventory: 570
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,242 high
• Mortgage (P&I): −$834
• Tax from tax record: −$56 /mo · $677/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $24

Break-even live

Break-even rent $1,211

Max offer price $159,000

Occupancy floor 93%

Sensitivity live

Price	-10% $114	-5% $69	+0% $24	+5% $-21	+10% $-66
Rent	-10% $-74	-5% $-25	+0% $24	+5% $73	+10% $123
Rate	-1.0pp $105	-0.5pp $65	base $24	+0.5pp $-17	+1.0pp $-59

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3330 Meridian St N Huntsville, AL	2.0	1.0	800	$700	$0.88	16d	1	0.56mi
3328 Meridian St N Apt 114 Huntsville, AL	2.0	1.0	800	$600	$0.75	16d	1	0.59mi
4005 Memorial Pkwy NW Huntsville, AL	3.0	1.0	1100	$1,375	$1.25	45d	1	0.72mi
3707 Lakewood Dr NW Huntsville, AL	3.0	1.0	1100	$1,100	$1.00	45d	1	0.79mi
203 N Plymouth Rd NW Huntsville, AL	2.0	1.0	796	$1,310	$1.65	16d	1	0.80mi
2117 Griffith Dr NW Huntsville, AL	3.0	1.0	1000	$1,095	$1.09	25d	1	0.91mi
2207 Norwood Dr NW Huntsville, AL	3.0	1.0	1020	$1,295	$1.27	16d	1	1.08mi
102 Winchester Rd NW Huntsville, AL	2.0	1.0	850	$1,110	$1.31	45d	4	1.08mi
2200 Norwood Dr NW Huntsville, AL	3.0	1.0	1060	$1,150	$1.08	25d	1	1.12mi
621 Murray Rd NW Huntsville, AL	3.0	1.5	1008	$1,325	$1.31	16d	1	1.25mi
2219 Jonathan Dr NW Apt C Huntsville, AL	2.0	1.5	850	$850	$1.00	45d	1	1.30mi
2809 Academy Dr NW Huntsville, AL	2.0	1.5	900	$950	$1.06	45d	1	1.30mi
522 Lisa Ln NW Huntsville, AL	4.0	3.0	1025	$1,695	$1.65	45d	1	1.33mi
3410 Elizabeth St NW Unit 2 Huntsville, AL	2.0	1.0	800	$850	$1.06	45d	1	1.33mi
3410 Elizabeth St NW Unit 5 Huntsville, AL	2.0	1.0	675	$799	$1.18	25d	1	1.33mi
3410 Elizabeth St NW Apt 7 Huntsville, AL	2.0	1.0	800	$799	$1.00	45d	1	1.33mi
2107 Epworth Dr NE Unit H Huntsville, AL	2.0	1.5	875	$1,175	$1.34	16d	1	1.39mi
4130 High Mountain Rd NE Huntsville, AL	1.0–3.0	1.0–2.0	1119	$2,061	$1.84	45d	129	1.40mi
4802 Proctor Cir NW Huntsville, AL	3.0	1.0	1000	$1,250	$1.25	45d	1	1.41mi
2401 Mount Vernon Rd NW Huntsville, AL	3.0	1.0	950	$1,045	$1.10	45d	1	1.45mi
2601 Academy Dr NW Huntsville, AL	2.0–4.0	1.0–2.0	971	$1,262	$1.30	45d	1	1.46mi
2519 Birchfield St NW Huntsville, AL	3.0	1.5	1125	$1,195	$1.06	45d	1	1.47mi
2415 Vining Ave NW Huntsville, AL	3.0	1.0	1079	$1,250	$1.16	16d	1	1.47mi

Listing history 16 events

1. 2026-06-14
   statusdays on market $159,000 Pending 199 DOM
2. 2026-06-10
   days on market $159,000 Active 197 DOM
3. 2026-06-09
   days on market $159,000 Active 196 DOM
4. 2026-06-08
   days on market $159,000 Active 195 DOM
5. 2026-06-07
   days on market $159,000 Active 194 DOM
6. 2026-06-03
   days on market $159,000 Active 190 DOM
7. 2026-06-02
   days on market $159,000 Active 189 DOM
8. 2026-06-01
   days on market $159,000 Active 188 DOM
9. 2026-05-31
   days on market $159,000 Active 187 DOM
10. 2026-05-30
    days on market $159,000 Active 186 DOM
11. 2026-03-25
    price $159,000 1009-char remark

    Show marketing remark (1009 chars)

    Affordable Investment or Ideal Student Housing! Just minutes from Alabama A & M University, this 3 bedroom, 1 bathroom, bank-owned property offers an outstanding opportunity for investors, first-time buyers, or parents seeking housing for students. With 970 sq ft, this home features an efficient floor plan with a comfortable living area and three cozy bedrooms that make excellent use of space. The kitchen and bath offer a solid foundation for updates or personal touches, giving buyers room to add value quickly. The level lot is easy to maintain and provides space for parking or small outdoor setups. Its prime location near campus, shopping, and public transportation makes this property ideal for reliable rental demand. Key Features: 3 Bedrooms / 1 Bathroom 970 sq ft with an efficient layout Bank-owned property priced to sell Minutes from Alabama A & M University Strong investment potential Perfect for student rental or affordable living Convenient access to schools, shopping, and

12. 2025-11-25
    listed $165,000 Active 1009-char remark

    Show marketing remark (1009 chars)

    Affordable Investment or Ideal Student Housing! Just minutes from Alabama A & M University, this 3 bedroom, 1 bathroom, bank-owned property offers an outstanding opportunity for investors, first-time buyers, or parents seeking housing for students. With 970 sq ft, this home features an efficient floor plan with a comfortable living area and three cozy bedrooms that make excellent use of space. The kitchen and bath offer a solid foundation for updates or personal touches, giving buyers room to add value quickly. The level lot is easy to maintain and provides space for parking or small outdoor setups. Its prime location near campus, shopping, and public transportation makes this property ideal for reliable rental demand. Key Features: 3 Bedrooms / 1 Bathroom 970 sq ft with an efficient layout Bank-owned property priced to sell Minutes from Alabama A & M University Strong investment potential Perfect for student rental or affordable living Convenient access to schools, shopping, and

13. 2022-07-15
    soldstatus $152,000 Sold 392-char remark

    Show marketing remark (392 chars)

    Only minutes from Alabama A&M and in a mature historic neighborhood, this home is just waiting for you! It features fresh paint inside and out, a new HVAC, a full remodeled bathroom, a renovated kitchen, and vinyl plank flooring throughout. It is move-in ready and perfect for a student or first time home buyer! Photos and accurate measurements coming by Saturday. Home being sold as-is.

14. 2022-07-15
    soldstatus $152,000

    Show marketing remark (392 chars)

    Only minutes from Alabama A&M and in a mature historic neighborhood, this home is just waiting for you! It features fresh paint inside and out, a new HVAC, a full remodeled bathroom, a renovated kitchen, and vinyl plank flooring throughout. It is move-in ready and perfect for a student or first time home buyer! Photos and accurate measurements coming by Saturday. Home being sold as-is.

15. 2022-06-13
    historical Contingent 392-char remark

    Show marketing remark (392 chars)

    Only minutes from Alabama A&M and in a mature historic neighborhood, this home is just waiting for you! It features fresh paint inside and out, a new HVAC, a full remodeled bathroom, a renovated kitchen, and vinyl plank flooring throughout. It is move-in ready and perfect for a student or first time home buyer! Photos and accurate measurements coming by Saturday. Home being sold as-is.

16. 2022-06-08
    listed $149,900 Active 392-char remark

    Show marketing remark (392 chars)

    Only minutes from Alabama A&M and in a mature historic neighborhood, this home is just waiting for you! It features fresh paint inside and out, a new HVAC, a full remodeled bathroom, a renovated kitchen, and vinyl plank flooring throughout. It is move-in ready and perfect for a student or first time home buyer! Photos and accurate measurements coming by Saturday. Home being sold as-is.

ⓘ 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: $677 · $56/mo
• Projected year-2 tax: $677 · $56/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 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% 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: $14,900
• − Mortgage interest: −$8,906
• − Property taxes: −$677
• − Insurance: −$795
• − Repairs & maintenance: −$1,192
• − Management: −$1,192
• − Depreciation: −$4,625
• Taxable loss: −$2,488
• Est. tax savings @ 24.0%: +$597
• After-tax cash flow: $890/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): 31,008
• Household income: $90,812
• Rent vs Own: 22.4% rent · 77.6% own
• Severe rent burden: 517.0

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: Majority White (64%)
• Race & ethnicity: White 64% Black 27% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Slovak 2% Italian 2% Serbian 2%
• Foreign-born: 4% · Canada, Vietnam, China
• Languages at home: 95% English-only · Spanish 3% Vietnamese 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: ▼ -7.13%
• Current HPI: 332.9423
• Rent YoY: ▲ 6.81%
• 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

+6.1% since first listed

6 events — show timeline

• 2026-03-25 Price Changed $159,000 SAARMLS
• 2025-11-25 Listed $165,000 SAARMLS
• 2022-07-15 Sold (Public Records) $152,000 Public Records
• 2022-07-15 Sold (MLS) $152,000 VMLS
• 2022-06-13 Contingent — VMLS
• 2022-06-08 Listed $149,900 VMLS

Property tax history

+4.7%/yr

Latest (2024): $677 · +8.2% YoY. Source: county tax records.