92359 Highway 9 · Lineville, AL 36266

$78,000

3 bd · 1.0 ba · 1,693 sqft · SingleFamily public records · 70 Days on market

Built 1950 3.00 ac lot $46/sqft · 45% below area Est $142k · 45% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

Key facts

• 3 acre lot
• Built 1950
• Listed 70 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $78k.

Deal economics

• At list price, monthly cash flow is $421 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $78k).
• Recommended offer: $73k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#92 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Clay County (rural): math 15% / reading 37% proficiency, ranked #88 of 129 in AL (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 36 active listings in the ZIP; 9 units permitted in Clay County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $539 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Clay County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago; this cycle's ask has dropped $17k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $73,320 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — 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. 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?
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: 1.43% ✓
• Cap rate: 12.77%
• Cash-on-cash: 23.14%
• DSCR: 2.03
• GRM: 5.8

CMA / ARV

• ARV (median comp): $141,570
• List price: $78,000
• Delta: -44.90%
• Verdict: UNDERPRICED
• Comps: 6 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 16.1%
• Equity multiple: 1.65×
• Total profit: $14,155
• Equity at exit: $11,630

10-year hold

• IRR: 24.7%
• Equity multiple: 3.14×
• Total profit: $46,744
• Equity at exit: $6,744

Cash invested: $21,840 (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 36266

• Home prices YoY: -21.8%
• Active inventory: 36
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,118 medium
• Mortgage (P&I): −$409
• Tax from tax record: −$21 /mo · $246/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$235
• Net cashflow: $421

Break-even live

Break-even rent $585

Max offer price $78,000

Occupancy floor 57%

Sensitivity live

Price	-10% $465	-5% $443	+0% $421	+5% $399	+10% $377
Rent	-10% $333	-5% $377	+0% $421	+5% $465	+10% $509
Rate	-1.0pp $460	-0.5pp $441	base $421	+0.5pp $401	+1.0pp $380

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: $19,500
• Closing costs: $2,340
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-09
   status $78,000 Pending 70 DOM
2. 2026-06-08
   days on market $78,000 Active 70 DOM
3. 2026-06-07
   days on market $78,000 Active 69 DOM
4. 2026-06-04
   days on market $78,000 Active 65 DOM
5. 2026-06-02
   days on market $78,000 Active 64 DOM
6. 2026-06-01
   days on market $78,000 Active 63 DOM
7. 2026-05-31
   days on market $78,000 Active 62 DOM
8. 2026-05-31
   days on market $78,000 Active 61 DOM
9. 2026-05-12
   price $78,000 207-char remark

   Show marketing remark (207 chars)

   Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

10. 2026-05-06
    price $78,500 207-char remark

    Show marketing remark (207 chars)

    Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

11. 2026-04-30
    price $80,000 207-char remark

    Show marketing remark (207 chars)

    Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

12. 2026-04-28
    price $85,000 207-char remark

    Show marketing remark (207 chars)

    Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

13. 2026-04-21
    price $92,500 207-char remark

    Show marketing remark (207 chars)

    Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

14. 2026-03-30
    listed $95,000 Active 207-char remark

    Show marketing remark (207 chars)

    Great opportunity in Lineville! Conveniently located on Highway 9 with easy access to town. Ideal for a primary residence, rental, or investment property. Don’t miss your chance to make this one yours!

15. 2016-11-03
    soldstatus $65,000 Sold 728-char remark

    Show marketing remark (728 chars)

    Great property on Highway 9 in the Barfield community! Main house has 3 bedrooms, 2 baths, formal living and dining with separate den. Kitchen has an abundance of cabinet space and include all appliances, there is also room for a eating area in the kitchen. The laundry area is currently in the den and could be closed off so that it is not visible. There is a spare room in the back of the house that could be a fourth bedroom but has been used as as office. The main house has a new roof and windows. The apartment has 2 bedrooms and 1 bath, den and kitchen are set up in an open floor plan, the kitchen appliances are included, there is also a large utility/laundry room adjacent to the bathroom in the back of the apartment.

16. 2016-11-03
    soldstatus $65,050

    Show marketing remark (728 chars)

    Great property on Highway 9 in the Barfield community! Main house has 3 bedrooms, 2 baths, formal living and dining with separate den. Kitchen has an abundance of cabinet space and include all appliances, there is also room for a eating area in the kitchen. The laundry area is currently in the den and could be closed off so that it is not visible. There is a spare room in the back of the house that could be a fourth bedroom but has been used as as office. The main house has a new roof and windows. The apartment has 2 bedrooms and 1 bath, den and kitchen are set up in an open floor plan, the kitchen appliances are included, there is also a large utility/laundry room adjacent to the bathroom in the back of the apartment.

17. 2016-08-30
    status Active 728-char remark

    Show marketing remark (728 chars)

    Great property on Highway 9 in the Barfield community! Main house has 3 bedrooms, 2 baths, formal living and dining with separate den. Kitchen has an abundance of cabinet space and include all appliances, there is also room for a eating area in the kitchen. The laundry area is currently in the den and could be closed off so that it is not visible. There is a spare room in the back of the house that could be a fourth bedroom but has been used as as office. The main house has a new roof and windows. The apartment has 2 bedrooms and 1 bath, den and kitchen are set up in an open floor plan, the kitchen appliances are included, there is also a large utility/laundry room adjacent to the bathroom in the back of the apartment.

18. 2016-07-01
    status Pending 728-char remark

    Show marketing remark (728 chars)

    Great property on Highway 9 in the Barfield community! Main house has 3 bedrooms, 2 baths, formal living and dining with separate den. Kitchen has an abundance of cabinet space and include all appliances, there is also room for a eating area in the kitchen. The laundry area is currently in the den and could be closed off so that it is not visible. There is a spare room in the back of the house that could be a fourth bedroom but has been used as as office. The main house has a new roof and windows. The apartment has 2 bedrooms and 1 bath, den and kitchen are set up in an open floor plan, the kitchen appliances are included, there is also a large utility/laundry room adjacent to the bathroom in the back of the apartment.

19. 2015-10-30
    listed $72,500 Active 728-char remark

    Show marketing remark (728 chars)

    Great property on Highway 9 in the Barfield community! Main house has 3 bedrooms, 2 baths, formal living and dining with separate den. Kitchen has an abundance of cabinet space and include all appliances, there is also room for a eating area in the kitchen. The laundry area is currently in the den and could be closed off so that it is not visible. There is a spare room in the back of the house that could be a fourth bedroom but has been used as as office. The main house has a new roof and windows. The apartment has 2 bedrooms and 1 bath, den and kitchen are set up in an open floor plan, the kitchen appliances are included, there is also a large utility/laundry room adjacent to the bathroom in the back of the apartment.

ⓘ 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: $246 · $21/mo
• Projected year-2 tax: $320 · $27/mo
• Expected delta: +$74/yr (+$6/mo · 29.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $13,416
• − Mortgage interest: −$4,369
• − Property taxes: −$246
• − Insurance: −$390
• − Repairs & maintenance: −$1,073
• − Management: −$1,073
• − Depreciation: −$2,269
• Taxable income: $3,995
• Est. tax owed @ 24.0%: −$959
• After-tax cash flow: $4,095/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: Clay County
• NCES district ID: 0100750
• Math proficiency: 15% ▼ -28.00%
• Reading proficiency: 37% ▬ 0.00%
• Median HH income: $36,719
• Composite: 21.53/100
• National rank: #8315
• State rank: #88 of 129 in AL

Livability — Lineville

• Score: 66/100
• State rank: #92
• US rank: #11256

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,185

Population outlook (Clay County) Hauer SSP2

• Today (2025): 12,758 people
• By 2030: 12,233 · -4.1%
• By 2040: 11,105 · -13.0%
• By 2050: 9,935 · -22.1%
• By 2075: 7,615 · -40.3%
• By 2100: 5,715 · -55.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 18% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Slovak 3% Italian 2% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% Tagalog/Filipino 1%

Political lean MEDSL · Clay

• 2024 margin: Solid R (+70.2) · D 14.7% · R 84.9%
• 2008→2024 swing: -22.9pp toward R · 2008: -47.3pp · 2024: -70.2pp
• All cycles: 2024: R+70.2 2020: R+62.5 2016: R+60.8 2012: R+45.7 2008: R+47.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.77%
• Current HPI: 196.4828
• Rent YoY: —
• Metro: —
• 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

+7.6% since first listed

11 events — show timeline

• 2026-05-12 Price Changed $78,000 Greater Alabama MLS
• 2026-05-06 Price Changed $78,500 Greater Alabama MLS
• 2026-04-30 Price Changed $80,000 Greater Alabama MLS
• 2026-04-28 Price Changed $85,000 Greater Alabama MLS
• 2026-04-21 Price Changed $92,500 Greater Alabama MLS
• 2026-03-30 Listed $95,000 Greater Alabama MLS
• 2016-11-03 Sold (Public Records) $65,050 Public Records
• 2016-11-03 Sold (MLS) $65,000 Greater Alabama MLS
• 2016-08-30 Relisted — Greater Alabama MLS
• 2016-07-01 Pending — Greater Alabama MLS
• 2015-10-30 Listed $72,500 Greater Alabama MLS

Property tax history

+2.5%/yr

Latest (2025): $246 · +0.0% YoY. Source: county tax records.