705 Ellison Ave · Clanton, AL 35045

$89,900

3 bd · 1.0 ba · 1,288 sqft · SingleFamily public records · 66 Days on market

Built 1956 1.84 ac lot $70/sqft · 41% below area Est $154k · 41% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this inviting home located in the heart of Clanton! Situated on a quiet street & offers the perfect blend of comfort, convenience, and opportunity whether you're a first-time homebuyer, downsizing, or looking for your next investment property. Step inside to find a functional layout with plenty of natural light and a warm, welcoming feel throughout. The home features 3/1 with a possible 4th, a spacious living area, and a kitchen ready for your personal touch. With solid bones and great potential, this property gives you the chance to add value and make it truly your own. Outside, you’ll find a generous yard perfect for entertaining, pets, or future improvements. The location is hard to beat, just minutes from local schools, shopping, and everything Clanton has to offer.

Key facts

• Generous yard
• Spacious living area
• Functional layout

Tags

• GENEROUS YARD
• FUNCTIONAL LAYOUT
• SPACIOUS LIVING AREA
• MINUTES FROM LOCAL SCHOOLS
• MINUTES FROM SHOPPING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $561 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 3.4% in Clanton — 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 61/100 on livability (#259 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D-, crime D-, amenities F.
• Chilton County (rural): math 15% / reading 34% proficiency, ranked #94 of 129 in AL (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 125 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 25 units permitted in Chilton County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Chilton County population projected at -10% 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 $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 64% 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 $84,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 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 1956 — 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 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?
6. Crime grade is D 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. 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.
8. 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.
9. 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: 1.58% ✓
• Cap rate: 13.78%
• Cash-on-cash: 26.74%
• DSCR: 2.19
• GRM: 5.3

CMA / ARV

• ARV (median comp): $153,652
• List price: $89,900
• Delta: -41.49%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
118 Park Dr N	0.39mi	3/2.0	1,245 (-3%)	7mo	$230,000	$185	67
1407 8th St N	0.42mi	2/1.0 (-1)	1,274 (-1%)	10mo	$129,900	$102	65
117 Park Dr N	0.37mi	2/2.0 (-1)	1,333 (+4%)	10mo	$150,000	$113	60
128 Park Dr N	0.42mi	2/2.0 (-1)	1,312 (+2%)	12mo	$173,750	$132	58
2003 Yellowleaf Rd	0.23mi	3/2.0	1,396 (+8%)	16mo	$125,000	$90	58
809 14th Ave N	0.51mi	3/2.0	1,276 (-1%)	24mo	$179,900	$141	51
169 Park Dr N	0.56mi	3/2.0	1,380 (+7%)	9mo	$210,000	$152	50
120 Morris Ave	0.64mi	3/2.0	1,300 (+1%)	21mo	$200,000	$154	47
120 Park Dr	0.40mi	3/2.0	1,470 (+14%)	21mo	$212,000	$144	37
114 Morris Ave	0.59mi	3/1.0	1,107 (-14%)	23mo	$132,000	$119	30

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.6%
• Equity multiple: 1.84×
• Total profit: $21,138
• Equity at exit: $13,404

10-year hold

• IRR: 28.8%
• Equity multiple: 3.56×
• Total profit: $64,342
• Equity at exit: $7,773

Cash invested: $25,172 (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 35045

• Home prices YoY: -25.8%
• Active inventory: 125
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,421 high
• Mortgage (P&I): −$471
• Tax from tax record: −$53 /mo · $635/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $561

Break-even live

Break-even rent $711

Max offer price $89,900

Occupancy floor 56%

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
57 Park Dr S Clanton, AL	3.0	2.0	1192	$1,200	$1.01	43d	1	0.49mi
85 Park Dr S Clanton, AL	2.0	2.5	1204	$1,395	$1.16	23d	1	0.56mi
87 Park Dr S Clanton, AL	3.0	2.5	1344	$1,495	$1.11	23d	1	0.57mi
89 Park Dr S Clanton, AL	3.0	2.5	1344	$1,495	$1.11	23d	1	0.57mi
91 Park Dr S Clanton, AL	2.0	2.5	1204	$1,395	$1.16	23d	1	0.58mi

Listing history 15 events

1. 2026-06-18
   days on market $89,900 Active 66 DOM
2. 2026-06-17
   days on market $89,900 Active 65 DOM
3. 2026-06-16
   days on market $89,900 Active 64 DOM
4. 2026-06-15
   days on market $89,900 Active 63 DOM
5. 2026-06-13
   days on market $89,900 Active 61 DOM
6. 2026-06-13
   days on market $89,900 Active 60 DOM
7. 2026-06-10
   pricedays on market $89,900 Active 58 DOM
8. 2026-06-09
   days on market $99,900 Active 57 DOM
9. 2026-06-08
   days on market $99,900 Active 56 DOM
10. 2026-06-07
    days on market $99,900 Active 55 DOM
11. 2026-06-03
    days on market $99,900 Active 51 DOM
12. 2026-06-02
    days on market $99,900 Active 50 DOM
13. 2026-06-01
    days on market $99,900 Active 49 DOM
14. 2026-05-31
    days on market $99,900 Active 48 DOM
15. 2026-04-10
    listed $99,900 Active 803-char remark

    Show marketing remark (803 chars)

    Welcome to this inviting home located in the heart of Clanton! Situated on a quiet street & offers the perfect blend of comfort, convenience, and opportunity whether you're a first-time homebuyer, downsizing, or looking for your next investment property. Step inside to find a functional layout with plenty of natural light and a warm, welcoming feel throughout. The home features 3/1 with a possible 4th, a spacious living area, and a kitchen ready for your personal touch. With solid bones and great potential, this property gives you the chance to add value and make it truly your own. Outside, you’ll find a generous yard perfect for entertaining, pets, or future improvements. The location is hard to beat, just minutes from local schools, shopping, and everything Clanton has to offer.

ⓘ 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: $635 · $53/mo
• Projected year-2 tax: $635 · $53/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 · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 64% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,054
• − Mortgage interest: −$5,036
• − Property taxes: −$635
• − Insurance: −$450
• − Repairs & maintenance: −$1,364
• − Management: −$1,364
• − Depreciation: −$2,615
• Taxable income: $5,589
• Est. tax owed @ 24.0%: −$1,341
• After-tax cash flow: $5,389/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: Chilton County
• NCES district ID: 0100660
• Math proficiency: 15% ▼ -26.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $41,269
• Composite: 20.73/100
• National rank: #8520
• State rank: #94 of 129 in AL

Livability — Clanton

• Score: 61/100
• State rank: #259
• US rank: #18072

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clanton, AL
• County: Chilton County · 15,324 people
• City population: 15,324
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 15,324
• Household income: $65,907
• Rent vs Own: 28.3% rent · 71.7% own
• Severe rent burden: 326.0

Population outlook (Chilton County) Hauer SSP2

• Today (2025): 44,064 people
• By 2030: 43,694 · -0.8%
• By 2040: 42,168 · -4.3%
• By 2050: 39,667 · -10.0%
• By 2075: 31,397 · -28.7%
• By 2100: 21,319 · -51.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Black 9% Hispanic / Latino 7% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Serbian 2% Italian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Chilton

• 2024 margin: Solid R (+72.1) · D 13.7% · R 85.8%
• 2008→2024 swing: -14.3pp toward R · 2008: -57.8pp · 2024: -72.1pp
• All cycles: 2024: R+72.1 2020: R+67.4 2016: R+66.6 2012: R+60.3 2008: R+57.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -65.21%
• Current HPI: 187.6339
• Rent YoY: —
• Metro: Birmingham-Hoover, 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

• 2026-04-10 Listed $99,900 Greater Alabama MLS

Property tax history

+7.9%/yr

Latest (2025): $635 · +7.9% YoY. Source: county tax records.