392 Jackson Hwy · Littleville, AL 35674

$65,000

3 bd · 2.0 ba · 924 sqft · Manufactured public records · 50 Days on market

Built 1978 0.45 ac lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor opportunity in Littleville! Situated on approximately 0.45-/+ acres, this property offers solid potential for those looking to add to their rental portfolio or take on a value-add project. With the right updates and vision, this home could be transformed into a cash-flowing rental or resale opportunity. Conveniently located with easy access to local amenities, this property sits on a spacious lot, providing room for improvements, outdoor space, or future enhancements. Whether you're an experienced investor or just getting started, this is a chance to secure a property with upside potential in a growing area. Sold as-is. Bring your vision and make this investment work for you!

Key facts

• Spacious lot
• Growing area
• 0.45 acre lot

Tags

• APPROXIMATELY 0.45 ACRES
• EASY ACCESS TO LOCAL AMENITIES
• SPACIOUS LOT
• GROWING AREA

Property features AI

Finance

• Other: Lot dimensions approximately 126.2 x 147.5 feet (about 0.45 acres)

Exterior

• Utilities: Public water; Septic tank; Cable available; Phone available; Water connected
• Home design: Residential mobile home; Single-story (above-grade finished living area listed separately)
• Construction: 1,280 above-grade finished area
• Exterior features: Front porch; Level lot; Gravel road frontage on a highway

Interior

• Bathrooms: Two full bathrooms
• Interior features: Five total rooms; In fixer condition

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $65k.

Deal economics

• At list price, monthly cash flow is $449 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.6% vs local median 4.7% in Littleville — 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 (#122 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Colbert County (rural): math 13% / reading 38% proficiency, ranked #90 of 129 in AL (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Colbert County High School (math 5% / reading 32%, grade F, #184 of 305 statewide, top 61%, 455 students, 43% FRL) — zoned schools average 43% FRL vs 59% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 224 active listings in the ZIP; 91 units permitted in Colbert County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Colbert County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $20k; list at $65k implies a 217% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.63% ✓
• Cap rate: 14.57%
• Cash-on-cash: 29.57%
• DSCR: 2.32
• GRM: 5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 24.0%
• Equity multiple: 1.99×
• Total profit: $18,015
• Equity at exit: $9,692

10-year hold

• IRR: 31.9%
• Equity multiple: 3.88×
• Total profit: $52,390
• Equity at exit: $5,620

Cash invested: $18,200 (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 35674

• Home prices YoY: -28.4%
• Active inventory: 224
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,062 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$22 /mo · $266/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $449

Break-even live

Break-even rent $494

Max offer price $65,000

Occupancy floor 53%

Sensitivity live

Price	-10% $485	-5% $467	+0% $449	+5% $430	+10% $412
Rent	-10% $365	-5% $407	+0% $449	+5% $490	+10% $532
Rate	-1.0pp $481	-0.5pp $465	base $449	+0.5pp $432	+1.0pp $415

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-21
   days on market $65,000 Active 50 DOM
2. 2026-06-19
   days on market $65,000 Active 48 DOM
3. 2026-06-18
   days on market $65,000 Active 47 DOM
4. 2026-06-17
   days on market $65,000 Active 46 DOM
5. 2026-06-16
   days on market $65,000 Active 45 DOM
6. 2026-06-15
   days on market $65,000 Active 44 DOM
7. 2026-06-14
   days on market $65,000 Active 42 DOM
8. 2026-06-13
   days on market $65,000 Active 41 DOM
9. 2026-06-10
   days on market $65,000 Active 39 DOM
10. 2026-06-09
    days on market $65,000 Active 38 DOM
11. 2026-06-08
    days on market $65,000 Active 37 DOM
12. 2026-06-07
    days on market $65,000 Active 36 DOM
13. 2026-06-05
    days on market $65,000 Active 33 DOM
14. 2026-06-03
    days on market $65,000 Active 32 DOM
15. 2026-06-02
    days on market $65,000 Active 31 DOM
16. 2026-06-01
    days on market $65,000 Active 30 DOM
17. 2026-05-31
    days on market $65,000 Active 29 DOM
18. 2026-05-30
    days on market $65,000 Active 28 DOM
19. 2026-05-01
    listed $65,000 Active 693-char remark
20. 2013-08-06
    soldstatus $20,500

ⓘ 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: $266 · $22/mo
• Projected year-2 tax: $266 · $22/mo
• Expected delta: +$1/yr ($0/mo · 0.3%)

ⓘ 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 ≥106°F today · 21 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,739
• − Mortgage interest: −$3,641
• − Property taxes: −$266
• − Insurance: −$325
• − Repairs & maintenance: −$1,019
• − Management: −$1,019
• − Depreciation: −$1,891
• Taxable income: $4,578
• Est. tax owed @ 24.0%: −$1,099
• After-tax cash flow: $4,284/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: Colbert County
• NCES district ID: 0100840
• Math proficiency: 13% ▼ -24.00%
• Reading proficiency: 38% ▬ 0.00%
• Median HH income: $40,710
• Composite: 21.48/100
• National rank: #8328
• State rank: #90 of 129 in AL

Livability — Littleville

• Score: 65/100
• State rank: #122
• US rank: #12858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Littleville, AL
• County: Colbert County · 20,176 people
• Metro: Florence-Muscle Shoals, AL
• Population (ZIP): 20,176
• Household income: $64,706
• Rent vs Own: 25.3% rent · 74.7% own
• Severe rent burden: 372.0

Population outlook (Colbert County) Hauer SSP2

• Today (2025): 54,154 people
• By 2030: 53,746 · -0.8%
• By 2040: 52,431 · -3.2%
• By 2050: 50,303 · -7.1%
• By 2075: 44,789 · -17.3%
• By 2100: 36,676 · -32.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 11% Hispanic / Latino 4% Two or more races 4%
• Common ancestry: Slovak 2% Italian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Colbert

• 2024 margin: Solid R (+46.4) · D 26.4% · R 72.8%
• 2008→2024 swing: -26.2pp toward R · 2008: -20.3pp · 2024: -46.4pp
• All cycles: 2024: R+46.4 2020: R+38.9 2016: R+38.3 2012: R+20.4 2008: R+20.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.06%
• Current HPI: 171.9693
• Rent YoY: —
• Metro: Florence-Muscle Shoals, 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

+217.1% since first listed

2 events — show timeline

• 2026-05-01 Listed $65,000 SAARMLS
• 2013-08-06 Sold (Public Records) $20,500 Public Records

Property tax history

+5.2%/yr

Latest (2025): $266 · +5.6% YoY. Source: county tax records.