1587 County Road 7714 · Troy, AL 36081

$55,000

4 bd · 1.0 ba · 1,232 sqft · SingleFamily public records · 49 Days on market

Built 1972 1.01 ac lot $45/sqft · 125% above area

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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
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

FINAL CALL FOR OFFERS!!! All offers due 5/19/2026 by 5:00 PM Central. Situated on ~1 acre, this property offers a great opportunity for buyers looking for space, privacy, and potential. Whether you're searching for an investment or a place to make your own, this property is full of possibilities. Conveniently located just outside of Troy! Property sold "As-Is". Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.

Key facts

• 1.01 acre lot
• Built 1972
• Listed 48 days

Property features AI

Finance

• Other: Approximately 1.01 acres

Exterior

• Parking: Circular driveway
• Utilities: Public water; Septic system; Electric water heater; Internet service availability unknown
• Home design: Existing single-family property; Not a tri-level, split-level, or split-foyer design
• Construction: Vinyl siding construction; Slab foundation
• Exterior features: Not waterfront; No pool; No patio; No garden or patio area noted; No decks listed

Interior

• Kitchen: Electric oven; Refrigerator; Solid surface countertops
• Bedrooms: Four bedrooms on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Ceilings: Other (see remarks); No additional built-in interior features listed
• Laundry & utility: Main-level laundry room; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $799 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $53k (3.0% below list) — sets the bar for market timing.
• Cap rate 23.7% vs local median 2.0% in Troy — 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 64/100 on livability (#148 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing B; Watch: amenities C-, crime F, commute F.
• Pike County (rural): math 19% / reading 44% proficiency, ranked #68 of 129 in AL (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Goshen Elementary School (math 14% / reading 44%, grade F, #379 of 627 statewide, top 61%, 462 students, 72% FRL); Goshen High School (math 17% / reading 32%, grade F, #118 of 305 statewide, top 45%, 387 students, 60% FRL) — zoned schools at 66% FRL track the district average.
• Market conditions: 26 active listings in the ZIP; lower-income renter base — watch delinquency; 42 units permitted in Pike County in 2024 (0 in 5+ unit buildings).
• This rent runs 39% of the median local income ($44k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Pike County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($53k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 86% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $53,350 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 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 1972 — 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 D-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. 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. 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: 2.60% ✓
• Cap rate: 23.72%
• Cash-on-cash: 62.24%
• DSCR: 3.77
• GRM: 3.2

CMA / ARV

• ARV (median comp): $25,321
• List price: $55,000
• Delta: 117.21%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 61.2%
• Equity multiple: 3.72×
• Total profit: $41,950
• Equity at exit: $8,201

10-year hold

• IRR: 65.8%
• Equity multiple: 7.62×
• Total profit: $101,998
• Equity at exit: $4,755

Cash invested: $15,400 (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 36081

• Home prices YoY: -30.4%
• Active inventory: 26
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,429 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$19 /mo · $226/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $799

Break-even live

Break-even rent $418

Max offer price $55,000

Occupancy floor 39%

Sensitivity live

Price	-10% $830	-5% $814	+0% $799	+5% $783	+10% $768
Rent	-10% $686	-5% $742	+0% $799	+5% $855	+10% $912
Rate	-1.0pp $826	-0.5pp $813	base $799	+0.5pp $784	+1.0pp $770

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $55,000 Active 49 DOM
2. 2026-06-18
   days on market $55,000 Active 48 DOM
3. 2026-06-17
   days on market $55,000 Active 47 DOM
4. 2026-06-16
   days on market $55,000 Active 46 DOM
5. 2026-06-15
   days on market $55,000 Active 45 DOM
6. 2026-06-14
   days on market $55,000 Active 43 DOM
7. 2026-06-12
   days on market $55,000 Active 42 DOM
8. 2026-06-09
   days on market $55,000 Active 39 DOM
9. 2026-06-08
   days on market $55,000 Active 38 DOM
10. 2026-06-07
    days on market $55,000 Active 37 DOM
11. 2026-06-07
    days on market $55,000 Active 36 DOM
12. 2026-06-04
    days on market $55,000 Active 33 DOM
13. 2026-06-02
    days on market $55,000 Active 32 DOM
14. 2026-06-01
    days on market $55,000 Active 31 DOM
15. 2026-05-31
    days on market $55,000 Active 30 DOM
16. 2026-05-31
    days on market $55,000 Active 29 DOM
17. 2026-04-30
    listed $55,000 Active 622-char remark

ⓘ 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: $226 · $19/mo
• Projected year-2 tax: $226 · $19/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 86% 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: $17,148
• − Mortgage interest: −$3,081
• − Property taxes: −$226
• − Insurance: −$275
• − Repairs & maintenance: −$1,372
• − Management: −$1,372
• − Depreciation: −$1,600
• Taxable income: $9,222
• Est. tax owed @ 24.0%: −$2,213
• After-tax cash flow: $7,371/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: Pike County
• NCES district ID: 0102790
• Math proficiency: 19% ▼ -25.00%
• Reading proficiency: 44% ▲ 5.00%
• Median HH income: $34,318
• Composite: 25.85/100
• National rank: #7348
• State rank: #68 of 129 in AL

Livability — Troy

• Score: 64/100
• State rank: #148
• US rank: #13713

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pike County · 15,143 people
• City population: 15,143
• Metro: Troy, AL
• Population (ZIP): 15,143
• Household income: $44,375
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 934.0

Population outlook (Pike County) Hauer SSP2

• Today (2025): 34,683 people
• By 2030: 35,552 · +2.5%
• By 2040: 37,056 · +6.8%
• By 2050: 38,617 · +11.3%
• By 2075: 43,393 · +25.1%
• By 2100: 45,455 · +31.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 51% Black 42% Asian 3% Two or more races 3%
• Common ancestry: Italian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 4% · China, Canada
• Languages at home: 96% English-only · Other Indo-European 2% Korean 1% Chinese 1%

Political lean MEDSL · Pike

• 2024 margin: Strong R (+25.2) · D 37.1% · R 62.2%
• 2008→2024 swing: -9.9pp toward R · 2008: -15.2pp · 2024: -25.2pp
• All cycles: 2024: R+25.2 2020: R+17.4 2016: R+20.3 2012: R+13.7 2008: R+15.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.93%
• Current HPI: 128.0786
• Rent YoY: —
• Metro: Troy, 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

1 event — show timeline

• 2026-04-30 Listed $55,000 Greater Alabama MLS

Property tax history

+2.8%/yr

Latest (2025): $226 · +6.9% YoY. Source: county tax records.