3127 Gayhart Dr NW · Huntsville, AL 35810

$150,000

3 bd · 1.0 ba · 1,050 sqft · SingleFamily public records · 8 Days on market

Built 1979 Est $156k · at est.

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Why this score? — see what drove the C- 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 +21.5/30.0
• ARV discount +9.4/15.0
• DSCR +6.9/10.0
• 1% rule +4.9/10.0
• Livability +4.1/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming 3-bedroom, 1-bath ranch-style home with a 1-car garage offering comfortable one-level living. The heart of the home is the spacious 23x11 great room featuring a full brick fireplace, soaring vaulted ceiling, and beautiful tile floors—creating a warm and inviting space to relax or entertain. The sunny kitchen offers plenty of cabinet space, tile flooring, and a bright welcoming feel. With a functional layout, abundant natural light, and character throughout, this home is a wonderful opportunity you won’t want to miss.

Key facts

• Tile floors
• Full brick fireplace
• Vaulted ceiling

Tags

• FULL BRICK FIREPLACE
• VAULTED CEILING
• TILE FLOORS
• SUNNY KITCHEN
• CABINET SPACE
• NATURAL LIGHT

Property features AI

Finance

• Other: Residential property, not new construction
• HOA & community: No HOA; Subdivision: Brookhill Meadows

Exterior

• Parking: One-car garage facing front
• Utilities: Public water; Public sewer; Electric service (implied)
• Home design: Single-family residence; One story; Built in 1979; Living area about 1,015 square feet
• Construction: Slab foundation
• Exterior features: Public water; Public sewer; Lot roughly 68 x 126 x 70 x 136

Interior

• Kitchen: Range; Dishwasher
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: Fireplace (one); Five total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $225 ($3k/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 $148k (1.1% below list).
• Recommended offer: $148k (1.1% below list) — sets the bar for 1% rule.
• Cap rate 8.1% 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: James Dawson Elementary (math 0% / reading 24%, grade F, #536 of 627 statewide, top 88%, 432 students, 88% FRL); Ronald Mcnair 78 (math 0% / reading 23%, grade F, #225 of 257 statewide, top 88%, 414 students, 87% FRL); Jemison High School (math 12% / reading 12%, grade F, #242 of 305 statewide, top 80%, 843 students, 64% FRL) — zoned schools average 80% FRL vs 46% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 12% at this address vs 34% district-wide (-22 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 soft (-0.1%/yr); 340 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent runs 35% of the median local income ($51k/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 $1k of loan paydown is wiped out by about $4k 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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $148,324 (1.1% below list)

Questions for the listing agent

1. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.99% ✗
• Cap rate: 8.09%
• Cash-on-cash: 6.43%
• DSCR: 1.29
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $156,450
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3511 Avondale Dr NW	0.40mi	3/1.0	1,113 (+6%)	2mo	$150,000	$135	70
3510 Avondale Dr NW	0.39mi	3/2.0	1,100 (+5%)	6mo	$128,650	$117	65
3207 Delia Ln NW	0.41mi	3/2.0	1,080 (+3%)	8mo	$175,000	$162	65
3424 Rosedale Dr NW	0.23mi	3/2.0	1,100 (+5%)	15mo	$178,000	$162	65
2505 Piney Branch Rd NW	0.49mi	3/1.5	1,015 (-3%)	6mo	$140,000	$138	64
3210 Tucker Dr	0.65mi	3/1.0	1,006 (-4%)	2mo	$168,000	$167	61
3512 Lois Ln NW	0.62mi	3/1.0	1,116 (+6%)	2mo	$180,000	$161	59
3236 Uvalde Ln	0.44mi	3/1.0	950 (-10%)	13mo	$80,500	$85	52
3410 Freda Ln	0.31mi	2/2.0 (-1)	1,163 (+11%)	9mo	$190,000	$163	51
3120 Las Animas Ave	0.55mi	3/1.5	1,135 (+8%)	9mo	$160,000	$141	51
3110 Delia Ln NW	0.45mi	3/2.0	1,189 (+13%)	10mo	$170,000	$143	44
3234 Uvalde Ln NW	0.44mi	4/1.5 (+1)	1,175 (+12%)	10mo	$175,000	$149	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -9.6%
• Equity multiple: 0.66×
• Total profit: $-14,349
• Equity at exit: $22,365

10-year hold

• IRR: -4.5%
• Equity multiple: 0.74×
• Total profit: $-10,966
• Equity at exit: $12,969

Cash invested: $42,000 (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 35810

• Home prices YoY: -23.5%
• Rents YoY: -0.1%
• Active inventory: 340
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,483 high
• Mortgage (P&I): −$787
• Tax from tax record: −$98 /mo · $1,170/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$311
• Net cashflow: $225

Break-even live

Break-even rent $1,198

Max offer price $150,000

Occupancy floor 80%

Sensitivity live

Price	-10% $310	-5% $268	+0% $225	+5% $183	+10% $140
Rent	-10% $108	-5% $167	+0% $225	+5% $284	+10% $342
Rate	-1.0pp $301	-0.5pp $263	base $225	+0.5pp $186	+1.0pp $147

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3100 Gayhart Dr NW Huntsville, AL	3.0	1.0	1050	$1,298	$1.24	45d	1	0.20mi
3423 Rosedale Dr NW Huntsville, AL	3.0	1.0	1145	$1,000	$0.87	45d	1	0.21mi
2508 Piney Branch Rd NW Huntsville, AL	3.0	1.5	1205	$1,385	$1.15	45d	1	0.48mi
2505 Piney Branch Rd NW Huntsville, AL	3.0	1.5	1222	$1,300	$1.06	25d	1	0.50mi
3210 Caywood Dr NW Huntsville, AL	3.0	1.0	1005	$1,475	$1.47	15d	1	0.52mi
3304 Caywood Dr NW Huntsville, AL	3.0	1.5	1300	$1,475	$1.13	25d	1	0.54mi
3415 Mimosa Ln NW Huntsville, AL	3.0	2.0	1320	$1,590	$1.20	45d	1	0.57mi
3210 Tucker Dr NW Huntsville, AL	3.0	1.0	1005	$1,475	$1.47	15d	1	0.67mi
3803 Mastin Lake Rd NW Huntsville, AL	3.0	1.0	1103	$1,295	$1.17	45d	1	0.78mi
3203 Dyas Dr NW Huntsville, AL	3.0	2.0	1346	$2,100	$1.56	25d	1	0.81mi
3614 Wilbur Ave NW Huntsville, AL	3.0	1.5	1196	$1,420	$1.19	25d	1	0.84mi
2215 Shady Lane Dr NW Huntsville, AL	4.0	1.0	1450	$1,500	$1.03	45d	1	0.87mi
4214 Fortson Ln NW Huntsville, AL	3.0	2.0	1308	$1,395	$1.07	45d	1	0.88mi
2201 Shady Lane Dr NW Huntsville, AL	3.0	1.5	1472	$3,000	$2.04	45d	1	1.00mi
3505 Mastin Lake Rd NW Huntsville, AL	3.0	2.0	1376	$2,000	$1.45	45d	1	1.01mi
3721 Broadmor Rd NW Huntsville, AL	3.0	1.5	1423	$1,450	$1.02	45d	1	1.03mi
3309 Charleston Ave NW Huntsville, AL	3.0	2.0	1425	$1,375	$0.96	23d	1	1.08mi
4216 Chalet Cir NW Huntsville, AL	3.0	2.0	1296	$1,500	$1.16	25d	1	1.17mi
4706 Whitehall Dr NW Huntsville, AL	3.0	2.0	1469	$1,550	$1.06	23d	1	1.23mi
3601 Fay St NW Huntsville, AL	2.0	1.0	972	$1,195	$1.23	45d	1	1.28mi
3708 Valleydale Rd NW Huntsville, AL	3.0	1.5	1136	$1,350	$1.19	45d	1	1.36mi
3706 Wilbanks Dr NW Huntsville, AL	3.0	1.0	1000	$1,300	$1.30	45d	1	1.47mi
2803 Hester Ln NW Huntsville, AL	3.0	1.5	1224	$1,400	$1.14	25d	1	1.48mi
2002 Laverne Dr NW Huntsville, AL	3.0	1.5	1165	$1,100	$0.94	25d	1	1.49mi
1725 Millican Pl NW Huntsville, AL	3.0	2.0	1200	$1,295	$1.08	45d	1	1.50mi

Listing history 13 events

1. 2026-06-07
   statusdays on market $150,000 Pending 8 DOM
2. 2026-06-03
   days on market $150,000 Active 7 DOM
3. 2026-06-02
   days on market $150,000 Active 6 DOM
4. 2026-06-01
   days on market $150,000 Active 5 DOM
5. 2026-05-31
   days on market $150,000 Active 4 DOM
6. 2026-05-30
   days on market $150,000 Active 3 DOM
7. 2026-05-27
   listed $150,000 Active
8. 2026-03-06
   historical $1,236
9. 2026-03-04
   listed $1,236
10. 2021-03-10
    soldstatus $2,541,682
11. 2018-12-31
    soldstatus $1,787,100
12. 2017-05-11
    soldstatus $419,000
13. 2007-01-26
    soldstatus $106,400

ⓘ 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: $1,170 · $98/mo
• Projected year-2 tax: $1,170 · $98/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 ≥105°F today · 18 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: $17,799
• − Mortgage interest: −$8,402
• − Property taxes: −$1,170
• − Insurance: −$750
• − Repairs & maintenance: −$1,424
• − Management: −$1,424
• − Depreciation: −$4,364
• Taxable income: $265
• Est. tax owed @ 24.0%: −$64
• After-tax cash flow: $2,638/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): 32,843
• Household income: $51,233
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 1223.0

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 Black (69%)
• Race & ethnicity: Black 69% White 18% Hispanic / Latino 9% Two or more races 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Dominican 2%
• Common ancestry: Italian 2% Lithuanian 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -61.00%
• Current HPI: 198.9629
• Rent YoY: ▬ -0.05%
• 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

+41.0% since first listed

7 events — show timeline

• 2026-05-27 Listed $150,000 VMLS
• 2026-03-06 Rental Removed $1,236 RENTLY
• 2026-03-04 Listed for Rent $1,236 RENTLY
• 2021-03-10 Sold (Public Records) $2,541,682 Public Records
• 2018-12-31 Sold (Public Records) $1,787,100 Public Records
• 2017-05-11 Sold (Public Records) $419,000 Public Records
• 2007-01-26 Sold (Public Records) $106,400 Public Records

Property tax history

+10.0%/yr

Latest (2024): $1,170 · +0.0% YoY. Source: county tax records.