108 Darlington Rd · Huntsville, AL 35801

$189,900

4 bd · 1.5 ba · 2,201 sqft · SingleFamily public records · 58 Days on market

Built 1978 0.29 ac lot $86/sqft · 42% below area Est $327k · 42% 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 +24.4/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +5.5/10.0
• Livability +4.1/5.0
• Rent growth +3.0/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Your chance to snag an awesome opportunity in one of Huntsville's most sought after zip codes! Nestled at the foot of Bankhead Parkway, with access to miles and miles of trails and just minutes away from Monte Sano and downtown.... a PRIME location! With four bedrooms and 2.5 bathrooms, the over 2100sqft of home is FULL of potential to make this the home of your dreams. There is a great bonus room or office in the basement/lower level. This property is sold AS IS WHERE IS.

Key facts

• Bonus room
• Miles of trails
• Prime location

Tags

• PRIME LOCATION
• MILES OF TRAILS
• BONUS ROOM
• OFFICE IN THE BASEMENT

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $386 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $184k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.7% 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 rising (+2.1%/yr); 175 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 58 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• 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 $184,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 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. 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?
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: 1.05% ✓
• Cap rate: 8.74%
• Cash-on-cash: 8.72%
• DSCR: 1.39
• GRM: 7.9

CMA / ARV

• ARV (median comp): $327,368
• List price: $189,900
• Delta: -41.99%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2407 Bankhead Pkwy	0.10mi	3/2.5 (-1)	2,339 (+6%)	7mo	$399,900	$171	70
705 Giles Dr NE	0.20mi	3/3.0 (-1)	2,094 (-5%)	19mo	$250,000	$119	56
821 Giles Dr	0.36mi	3/2.0 (-1)	2,378 (+8%)	19mo	$320,000	$135	46
2000 Poplar Point Cir NE	0.45mi	4/3.5	2,521 (+14%)	2mo	$350,000	$139	45
1733 Beirne Ave NE	0.75mi	3/2.5 (-1)	2,312 (+5%)	5mo	$485,000	$210	44
2107 NE Giles Dr	0.65mi	3/2.0 (-1)	1,963 (-11%)	3mo	$160,000	$82	42
2451 Oakwood Ave NE	0.61mi	3/2.0 (-1)	1,874 (-15%)	6mo	$487,000	$260	35
2013 Giles Dr	0.50mi	3/2.0 (-1)	1,882 (-14%)	14mo	$272,800	$145	34
2017 Rodgers Dr NE	0.46mi	3/2.0 (-1)	1,879 (-15%)	19mo	$255,000	$136	32
2203 Milam Ave NE	0.70mi	3/2.0 (-1)	1,938 (-12%)	21mo	$355,000	$183	23
1722 Wakefield Dr NE	0.68mi	3/2.0 (-1)	1,871 (-15%)	23mo	$367,500	$196	17

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 · 2.06% rent growth · sell at horizon

5-year hold

• IRR: -4.1%
• Equity multiple: 0.85×
• Total profit: $-8,075
• Equity at exit: $28,315

10-year hold

• IRR: 4.5%
• Equity multiple: 1.32×
• Total profit: $16,943
• Equity at exit: $16,419

Cash invested: $53,172 (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 35801

• Home prices YoY: -28.0%
• Rents YoY: 2.1%
• Active inventory: 175
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,001 high
• Mortgage (P&I): −$996
• Tax from tax record: −$119 /mo · $1,432/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $386

Break-even live

Break-even rent $1,512

Max offer price $189,900

Occupancy floor 76%

Sensitivity live

Price	-10% $494	-5% $440	+0% $386	+5% $333	+10% $279
Rent	-10% $228	-5% $307	+0% $386	+5% $466	+10% $545
Rate	-1.0pp $482	-0.5pp $435	base $386	+0.5pp $337	+1.0pp $287

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2002 Chambers Dr NE Huntsville, AL	3.0	2.0	1750	$1,790	$1.02	44d	1	0.36mi
1903 Melbourne Ave NE Huntsville, AL	3.0	2.5	1707	$1,950	$1.14	24d	1	0.48mi
2106 Giles Dr NE Huntsville, AL	4.0	2.0	1792	$1,800	$1.00	44d	1	0.66mi
701 Fagan Springs Dr SE Huntsville, AL	4.0	3.0	2500	$2,800	$1.12	44d	1	0.78mi
1602 Rison Ave NE Huntsville, AL	3.0	2.0	1422	$1,750	$1.23	14d	1	0.86mi
1908 Toll Gate Rd SE Huntsville, AL	4.0	2.0	1584	$1,400	$0.88	44d	1	0.92mi
2213 Maysville Rd NE Huntsville, AL	3.0	2.0	1924	$1,900	$0.99	24d	1	1.05mi
1607 Chapman Ave NE Huntsville, AL	3.0	2.0	1508	$1,495	$0.99	24d	1	1.10mi
2504 Maysville Cir NE Huntsville, AL	3.0	2.0	2556	$2,500	$0.98	44d	1	1.16mi
1222 Clinton Ave E Huntsville, AL	3.0	2.0	1900	$2,100	$1.11	14d	1	1.24mi
1400 McClung Ave SE Huntsville, AL	4.0	2.0	2108	$2,200	$1.04	14d	1	1.28mi
805 Rison Ave NE Huntsville, AL	3.0	2.0	1700	$2,250	$1.32	44d	1	1.36mi
1703 Sandlin Ave SE Huntsville, AL	3.0	2.0	2100	$2,100	$1.00	24d	1	1.37mi

Listing history 16 events

1. 2026-06-18
   days on market $189,900 Active 58 DOM
2. 2026-06-17
   days on market $189,900 Active 57 DOM
3. 2026-06-16
   days on market $189,900 Active 56 DOM
4. 2026-06-15
   days on market $189,900 Active 55 DOM
5. 2026-06-14
   days on market $189,900 Active 53 DOM
6. 2026-06-10
   days on market $189,900 Active 50 DOM
7. 2026-06-09
   days on market $189,900 Active 49 DOM
8. 2026-06-08
   days on market $189,900 Active 48 DOM
9. 2026-06-07
   pricedays on market $189,900 Active 47 DOM
10. 2026-06-03
    days on market $199,900 Active 43 DOM
11. 2026-06-02
    days on market $199,900 Active 42 DOM
12. 2026-06-01
    days on market $199,900 Active 41 DOM
13. 2026-05-31
    days on market $199,900 Active 40 DOM
14. 2026-05-30
    statusdays on market $199,900 Active 39 DOM
15. 2026-05-07
    historical Contingent 478-char remark

    Show marketing remark (478 chars)

    Your chance to snag an awesome opportunity in one of Huntsville's most sought after zip codes! Nestled at the foot of Bankhead Parkway, with access to miles and miles of trails and just minutes away from Monte Sano and downtown.... a PRIME location! With four bedrooms and 2.5 bathrooms, the over 2100sqft of home is FULL of potential to make this the home of your dreams. There is a great bonus room or office in the basement/lower level. This property is sold AS IS WHERE IS.

16. 2026-04-21
    listed $199,900 Active 478-char remark

    Show marketing remark (478 chars)

    Your chance to snag an awesome opportunity in one of Huntsville's most sought after zip codes! Nestled at the foot of Bankhead Parkway, with access to miles and miles of trails and just minutes away from Monte Sano and downtown.... a PRIME location! With four bedrooms and 2.5 bathrooms, the over 2100sqft of home is FULL of potential to make this the home of your dreams. There is a great bonus room or office in the basement/lower level. This property is sold AS IS WHERE 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: $1,432 · $119/mo
• Projected year-2 tax: $1,432 · $119/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 5/10 Major 7 d/yr ≥103°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: $24,012
• − Mortgage interest: −$10,637
• − Property taxes: −$1,432
• − Insurance: −$950
• − Repairs & maintenance: −$1,921
• − Management: −$1,921
• − Depreciation: −$5,524
• Taxable income: $1,627
• Est. tax owed @ 24.0%: −$390
• After-tax cash flow: $4,247/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): 23,357
• Household income: $105,585
• Rent vs Own: 32.1% rent · 67.9% own
• Severe rent burden: 547.0

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: Predominantly White (81%)
• Race & ethnicity: White 81% Black 8% Two or more races 8% Hispanic / Latino 4% Asian 1%
• Common ancestry: Italian 6% Lithuanian 3% Slovak 3%
• Foreign-born: 4% · Canada, China
• Languages at home: 96% English-only · Spanish 3% German/W. Germanic 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: ▼ -182.95%
• Current HPI: 471.094
• Rent YoY: ▲ 2.06%
• 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

2 events — show timeline

• 2026-05-07 Contingent — VMLS
• 2026-04-21 Listed $199,900 VMLS

Property tax history

+1.8%/yr

Latest (2024): $1,432 · +1.3% YoY. Source: county tax records.