34 Pine St NW · Huntsville, AL 35806

$375,000

2 bd · 1.5 ba · 1,604 sqft · Townhouse public records · 227 Days on market

Built 2021 $234/sqft · 21% below area Est $440k · 15% under $232/mo HOA · 13% of rent

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Why this score? — see what drove the D- 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).

• ARV discount +14.2/15.0
• Appreciation +10.0/10.0
• Livability +4.1/5.0
• Rent growth +3.1/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Cash flow +2.3/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

SPECIAL 2.99 RATE OFFERED THROUGH PREFERRED LENDER. TERMS AND CONDITIONS APPLY. Urban living at it's finest in the beautiful Village of Providence. Gently lived in Townhouse located on a quaint tree lined street has lots of amenities. Open floor plan offers a spacious great room, kitchen, dining room & powder room. The kitchen has quartz countertops, stove, dishwasher, microwave drawer, refrigerator & large oversized island. The upstairs host 2 en-suites & Laundry with washer & dryer. Private back sitting area with access to a 2 car-covered carport. Walking distance to restaurants & shops on Providence Main as well as all HOA amenities. Easy commute to Research Park and Redstone Arsenal.

Key facts

• Open floor plan
• Quartz countertops
• Private back

Tags

• OPEN FLOOR PLAN
• QUARTZ COUNTERTOPS
• GAS STOVE
• LARGE OVERSIZED ISLAND
• DROP STATION
• PRIVATE BACK

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $375k.

Deal economics

• At list price, monthly cash flow is $-1k ($-16k/yr) — negative.
• To cash-flow at today's rent, offer at most $138k (63.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $175k (53.3% below list).
• Recommended offer: $138k (63.1% below list) — sets the bar for cash-flow.
• Cap rate 2.0% vs local median 3.8% in Huntsville — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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 (+2.6%/yr); 213 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $40k of equity ($3k loan paydown + $38k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$64k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 227 days — a 12% lower offer ($330k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $44k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $138,310 (63.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 227 days. Have you received any prior offers? Is the seller open to a 63% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.47% ✗
• Cap rate: 2.01%
• Cash-on-cash: -15.31%
• DSCR: 0.32
• GRM: 17.9

CMA / ARV

• ARV (median comp): $440,065
• List price: $375,000
• Delta: -14.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
38 Pine St NW	0.01mi	2/2.5	1,584 (-1%)	4mo	$395,000	$249	90
45 Pine St NW	0.04mi	3/2.5 (+1)	1,645 (+3%)	11mo	$445,000	$271	76
36 Pine St	0.00mi	2/2.5	1,496 (-7%)	16mo	$399,900	$267	72
43 Pine St	0.03mi	2/2.5	1,406 (-12%)	4mo	$339,000	$241	70
445 Providence Main St #402	0.41mi	2/2.0	1,532 (-4%)	2mo	$375,000	$245	70
33 Pine St	0.02mi	3/2.5 (+1)	1,491 (-7%)	10mo	$421,000	$282	70
445 Providence Main St NW #310	0.41mi	2/2.0	1,494 (-7%)	24mo	$310,000	$207	48
445 Providence Main St NW #205	0.41mi	2/2.0	1,407 (-12%)	18mo	$325,000	$231	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 2.57% rent growth · sell at horizon

5-year hold

• IRR: 13.6%
• Equity multiple: 2.13×
• Total profit: $118,252
• Equity at exit: $337,830

10-year hold

• IRR: 13.7%
• Equity multiple: 4.94×
• Total profit: $414,049
• Equity at exit: $728,543

Cash invested: $105,000 (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 35806

• Home prices YoY: 20.0%
• Rents YoY: 2.6%
• Active inventory: 213
• Price-to-rent: 17.9×

Monthly cashflow live

• Estimated rent: $1,750 high
• Mortgage (P&I): −$1,967
• Tax from tax record: −$367 /mo · $4,407/yr
• Insurance: −$156
• HOA: −$232
• Vacancy / Maint / Mgmt: −$367
• Net cashflow: $-1,340

Break-even live

Break-even rent $3,446

Max offer price $138,310

Occupancy floor —

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
30 Pine St NW Huntsville, AL	3.0	2.5	1412	$2,595	$1.84	23d	1	0.03mi
1450 Paramount Dr Huntsville, AL	1.0–3.0	1.0–2.0	997	$1,184	$1.19	13d	16	0.23mi
30 Gates Mill St Huntsville, AL	1.0–2.0	1.0–2.0	1002	$1,683	$1.68	13d	39	0.26mi
20 Town Center Dr NW Huntsville, AL	1.0–3.0	1.0–2.0	1089	$1,998	$1.83	13d	113	0.41mi
445 Providence Main St NW #310 Huntsville, AL	2.0	2.0	1494	$1,900	$1.27	43d	1	0.43mi
685 Providence Main St NW Huntsville, AL	1.0–3.0	1.0–2.0	1083	$1,313	$1.21	13d	53	0.49mi
6941 Hwy 72 W Huntsville, AL	1.0–3.0	1.0–2.0	1113	$1,275	$1.15	13d	21	0.52mi
500 Providence Main St NW Huntsville, AL	1.0–3.0	1.0–2.0	1090	$1,500	$1.38	13d	35	0.71mi
6500 Walden Run Huntsville, AL	1.0–3.0	1.0–2.0	1060	$1,385	$1.31	13d	104	0.71mi
149 Indian Creek Rd NW Huntsville, AL	1.0–2.0	1.0–2.0	921	$1,550	$1.68	13d	15	0.81mi
1763 Slaughter Rd NW Madison, AL	1.0–3.0	1.0–3.0	1078	$1,514	$1.40	13d	36	0.93mi
1501 Old Monrovia Rd NW Huntsville, AL	1.0–3.0	1.0–2.0	948	$1,392	$1.47	13d	20	0.94mi
196 Jeff Rd NW Huntsville, AL	1.0–3.0	1.0–3.5	1200	$1,444	$1.20	13d	21	0.94mi
100 Rockcrest Dr NW Huntsville, AL	1.0–2.0	1.0–2.0	1000	$1,747	$1.75	13d	12	0.94mi
102 Wittington Ln Madison, AL	3.0	2.0	1635	$1,750	$1.07	43d	1	1.05mi
117 Millside Ln Madison, AL	3.0	2.0	1624	$1,750	$1.08	43d	1	1.07mi
139 Potters Wheel Madison, AL	3.0	2.0	1624	$1,675	$1.03	43d	1	1.10mi
1589 Old Monrovia Rd NW Huntsville, AL	2.0–3.0	2.5–3.5	1657	$1,899	$1.15	13d	17	1.16mi
930 Blue Mound Ln NW Huntsville, AL	1.0–2.0	1.0–2.0	967	$1,640	$1.70	13d	19	1.27mi
1001 Cernan Dr NW Huntsville, AL	1.0–3.0	1.0–2.5	1011	$1,752	$1.73	13d	19	1.29mi
335 Culbertson Dr Huntsville, AL	1.0–3.0	1.0–3.0	1008	$1,942	$1.93	13d	1	1.29mi
1826 Rushing Wood Dr NW Madison, AL	2.0	2.0	1491	$1,800	$1.21	23d	1	1.30mi
278 Postwood Ct Madison, AL	3.0	2.5	1403	$1,650	$1.18	13d	1	1.36mi
236 River Oaks Dr Madison, AL	3.0	2.0	1240	$1,600	$1.29	43d	1	1.46mi
247 Postwood Ct Madison, AL	3.0	2.5	1787	$1,675	$0.94	13d	1	1.48mi
1012 Scarlet Woods Huntsville, AL	2.0	2.0	1626	$1,699	$1.04	21d	1	1.49mi

HOA detail

• Monthly dues: $232 · $2,784/yr

Listing history 23 events

1. 2026-06-18
   days on market $375,000 Active 227 DOM
2. 2026-06-17
   days on market $375,000 Active 226 DOM
3. 2026-06-16
   days on market $375,000 Active 225 DOM
4. 2026-06-15
   days on market $375,000 Active 224 DOM
5. 2026-06-14
   days on market $375,000 Active 222 DOM
6. 2026-06-10
   days on market $375,000 Active 219 DOM
7. 2026-06-09
   days on market $375,000 Active 218 DOM
8. 2026-06-08
   days on market $375,000 Active 217 DOM
9. 2026-06-07
   days on market $375,000 Active 216 DOM
10. 2026-06-03
    days on market $375,000 Active 212 DOM
11. 2026-06-02
    days on market $375,000 Active 211 DOM
12. 2026-06-01
    days on market $375,000 Active 210 DOM
13. 2026-05-31
    days on market $375,000 Active 209 DOM
14. 2026-05-30
    days on market $375,000 Active 208 DOM
15. 2026-03-03
    price $384,900 718-char remark

    Show marketing remark (718 chars)

    SPECIAL 2.99 RATE OFFERED THROUGH PREFERRED LENDER. TERMS AND CONDITIONS APPLY. Urban living at it's finest in the beautiful Village of Providence. Gently lived in Townhouse located on a quaint tree lined street has lots of amenities. Open floor plan offers a spacious great room, kitchen, dining room & powder room. The kitchen has quartz countertops, stove, dishwasher, microwave drawer, refrigerator & large oversized island. The upstairs host 2 en-suites & Laundry with washer & dryer. Private back sitting area with access to a 2 car-covered carport. Walking distance to restaurants & shops on Providence Main as well as all HOA amenities. Easy commute to Research Park and Redstone Arsenal.

16. 2025-12-08
    price $399,900 718-char remark

    Show marketing remark (718 chars)

    SPECIAL 2.99 RATE OFFERED THROUGH PREFERRED LENDER. TERMS AND CONDITIONS APPLY. Urban living at it's finest in the beautiful Village of Providence. Gently lived in Townhouse located on a quaint tree lined street has lots of amenities. Open floor plan offers a spacious great room, kitchen, dining room & powder room. The kitchen has quartz countertops, stove, dishwasher, microwave drawer, refrigerator & large oversized island. The upstairs host 2 en-suites & Laundry with washer & dryer. Private back sitting area with access to a 2 car-covered carport. Walking distance to restaurants & shops on Providence Main as well as all HOA amenities. Easy commute to Research Park and Redstone Arsenal.

17. 2025-11-03
    listed $419,000 Active 718-char remark

    Show marketing remark (718 chars)

    SPECIAL 2.99 RATE OFFERED THROUGH PREFERRED LENDER. TERMS AND CONDITIONS APPLY. Urban living at it's finest in the beautiful Village of Providence. Gently lived in Townhouse located on a quaint tree lined street has lots of amenities. Open floor plan offers a spacious great room, kitchen, dining room & powder room. The kitchen has quartz countertops, stove, dishwasher, microwave drawer, refrigerator & large oversized island. The upstairs host 2 en-suites & Laundry with washer & dryer. Private back sitting area with access to a 2 car-covered carport. Walking distance to restaurants & shops on Providence Main as well as all HOA amenities. Easy commute to Research Park and Redstone Arsenal.

18. 2025-10-17
    price $419,900
19. 2025-08-22
    listed $425,000 Active
20. 2021-12-02
    soldstatus $373,325 Sold
21. 2021-07-02
    status Pending
22. 2021-06-09
    price $369,225
23. 2020-11-20
    listed $364,900 Active

ⓘ 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: $4,407 · $367/mo
• Projected year-2 tax: $4,407 · $367/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,995
• − Mortgage interest: −$21,006
• − Property taxes: −$4,407
• − Insurance: −$1,875
• − Repairs & maintenance: −$1,680
• − Management: −$1,680
• − HOA: −$2,784
• − Depreciation: −$10,909
• Taxable loss: −$23,345
• Est. tax savings @ 24.0%: +$5,603
• After-tax cash flow: $-10,475/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): 29,161
• Household income: $86,768
• Rent vs Own: 54.2% rent · 45.8% own
• Severe rent burden: 1249.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 5% Two or more races 5% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Slovak 2% Italian 2% Serbian 2%
• Foreign-born: 7% · Canada, Vietnam, China
• Languages at home: 93% English-only · Spanish 2% Other Indo-European 1% Other Asian/Pacific 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: ▲ 71.67%
• Current HPI: 430.5866
• Rent YoY: ▲ 2.57%
• 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

+5.5% since first listed

9 events — show timeline

• 2026-03-03 Price Changed $384,900 VMLS
• 2025-12-08 Price Changed $399,900 VMLS
• 2025-11-03 Listed $419,000 VMLS
• 2025-10-17 Price Changed $419,900 VMLS
• 2025-08-22 Listed $425,000 VMLS
• 2021-12-02 Sold (MLS) $373,325 VMLS
• 2021-07-02 Pending — VMLS
• 2021-06-09 Price Changed $369,225 VMLS
• 2020-11-20 Listed $364,900 VMLS

Property tax history

+63.6%/yr

Latest (2024): $4,407 · +105.6% YoY. Source: county tax records.