Wallace Plan · Huntsville, AL 35806

$280,850

4 bd · 2.5 ba · 1,941 sqft · SingleFamily · 257 Days on market

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.3/30.0
• Livability +4.1/5.0
• Rent growth +3.1/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• 1% rule +1.5/10.0
• DSCR +0.6/10.0

Listing remarks MLS

Welcome home to the Wallace by Valor Communities. Open your front door into the foyer while admiring your entrance design. Then strut your way to your kitchen to make a glass of sweet tea. The kitchen has a huge quartz island perfect for gathering. We even saved room for a more casual dining area for those fancy sit down family meals. The kitchen area flows into the main entertaining room, making the perfect space to never miss a play on football Saturdays! Off your main room you have a great grilling area if you want to throw some goodness on the grill as well. Upstairs you have an amazing primary bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are two sinks, a shower, and a walk in closet. The three other bedrooms have lovely ceiling details and are made to hold a California King size bed with 2 end tables. Photos/videos are of a similar home, options and upgrades shown may not be included in price.

Key facts

• Quartz island
• Soaking tub
• Walk in closet

Tags

• QUARTZ ISLAND
• GRILLING AREA
• PRIMARY BEDROOM
• SOAKING TUB
• WALK IN CLOSET

🏗️ New construction. The $280,850 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $293,905.

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $281k.

Deal economics

• At list price, monthly cash flow is $-520 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $219k (22.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (31.9% below list).
• Recommended offer: $191k (31.9% below list) — sets the bar for 1% rule.

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); 216 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 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 $31k of equity ($2k loan paydown + $29k 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 ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 257 days — a 12% lower offer ($247k) 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 $191,238 (31.9% 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 257 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
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. 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. 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?
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: 0.65% ✗
• Cap rate: 4.17%
• Cash-on-cash: -7.59%
• DSCR: 0.66
• GRM: 12.8

CMA / ARV

• ARV (median comp): $293,905
• List price: $280,850
• Delta: -4.44%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6227 Taramore Ln	0.35mi	4/2.5	1,941 (0%)	2mo	$284,752	$147	82
6023 Barringer Ct NW	0.27mi	3/2.5 (-1)	1,950 (+0%)	2mo	$315,000	$162	80
7203 Chatfield Way NW	0.19mi	4/2.5	2,047 (+6%)	3mo	$290,000	$142	80
7005 Nearpath Dr NW	0.38mi	4/2.0	1,884 (-3%)	2mo	$323,000	$171	74
7009 Lost Creek Dr NW	0.38mi	4/2.0	1,884 (-3%)	2mo	$308,000	$163	74
6233 NW Taramore Ln	0.34mi	4/2.5	2,077 (+7%)	1mo	$282,782	$136	72
6221 NW Taramore Ln	0.34mi	4/2.5	2,077 (+7%)	2mo	$279,850	$135	71
6229 NW Taramore Ln #091	0.35mi	4/2.5	2,077 (+7%)	2mo	$283,832	$137	71
7014 Camrose Ln NW	0.43mi	3/2.0 (-1)	1,985 (+2%)	1mo	$299,900	$151	68
6608 Shearleaf Rd NW	0.48mi	4/3.0	2,019 (+4%)	3mo	$366,008	$181	67
6577 Moon Crest Ln NW	0.47mi	4/2.0	1,835 (-6%)	3mo	$365,000	$199	65
6220 Taramore Ln	0.34mi	3/2.5 (-1)	1,768 (-9%)	1mo	$264,983	$150	64

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: 18.8%
• Equity multiple: 2.53×
• Total profit: $126,133
• Equity at exit: $264,773

10-year hold

• IRR: 17.4%
• Equity multiple: 5.81×
• Total profit: $395,918
• Equity at exit: $570,993

Cash invested: $82,293 (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: 216
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $1,912 high
• Mortgage (P&I): −$1,541
• Tax est. 1.5%: −$367 /mo · $4,409/yr
• Insurance: −$122
• HOA: −$0
• Vacancy / Maint / Mgmt: −$402
• Net cashflow: $-520

Break-even live

Break-even rent $2,571

Max offer price $218,612

Occupancy floor —

Sensitivity live

Price	-10% $-317	-5% $-419	+0% $-520	+5% $-622	+10% $-723
Rent	-10% $-671	-5% $-596	+0% $-520	+5% $-445	+10% $-369
Rate	-1.0pp $-372	-0.5pp $-446	base $-520	+0.5pp $-596	+1.0pp $-674

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: $73,476
• Closing costs: $8,817
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7203 Chatfield Way NW Huntsville, AL	4.0	2.5	2047	$1,799	$0.88	45d	1	0.19mi
8223 Stone Mill Dr NW Huntsville, AL	3.0	2.5	2046	$2,300	$1.12	45d	1	0.74mi
7601 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1720	$1,720	$1.00	45d	1	0.81mi
7599 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1500	$1,720	$1.15	25d	1	0.81mi
7597 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1550	$1,800	$1.16	25d	1	0.81mi
7582 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1500	$1,720	$1.15	25d	1	0.82mi
7589 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1500	$1,720	$1.15	25d	1	0.83mi
7559 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1555	$2,450	$1.58	15d	1	0.88mi
7502 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1626	$1,825	$1.12	45d	1	0.96mi
7500 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1527	$1,822	$1.19	15d	7	0.98mi
351 Lofton Rd NW Huntsville, AL	4.0	2.5	2186	$2,315	$1.06	15d	1	1.12mi

Listing history 19 events

1. 2026-06-22
   days on market $280,850 Active 257 DOM
2. 2026-06-18
   days on market $280,850 Active 254 DOM
3. 2026-06-18
   price $280,850 Active 253 DOM
4. 2026-06-17
   days on market $277,850 Active 253 DOM
5. 2026-06-16
   days on market $277,850 Active 252 DOM
6. 2026-06-15
   days on market $277,850 Active 251 DOM
7. 2026-06-14
   days on market $277,850 Active 249 DOM
8. 2026-06-10
   days on market $277,850 Active 246 DOM
9. 2026-06-09
   days on market $277,850 Active 245 DOM
10. 2026-06-08
    days on market $277,850 Active 244 DOM
11. 2026-06-07
    days on market $277,850 Active 243 DOM
12. 2026-06-03
    days on market $277,850 Active 239 DOM
13. 2026-06-02
    days on market $277,850 Active 238 DOM
14. 2026-06-01
    days on market $277,850 Active 237 DOM
15. 2026-05-31
    days on market $277,850 Active 236 DOM
16. 2026-05-30
    days on market $277,850 Active 235 DOM
17. 2026-05-12
    price $277,850 955-char remark

    Show marketing remark (955 chars)

    Welcome home to the Wallace by Valor Communities. Open your front door into the foyer while admiring your entrance design. Then strut your way to your kitchen to make a glass of sweet tea. The kitchen has a huge quartz island perfect for gathering. We even saved room for a more casual dining area for those fancy sit down family meals. The kitchen area flows into the main entertaining room, making the perfect space to never miss a play on football Saturdays! Off your main room you have a great grilling area if you want to throw some goodness on the grill as well. Upstairs you have an amazing primary bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are two sinks, a shower, and a walk in closet. The three other bedrooms have lovely ceiling details and are made to hold a California King size bed with 2 end tables. Photos/videos are of a similar home, options and upgrades shown may not be included in price.

18. 2026-01-29
    price $272,850 955-char remark

    Show marketing remark (955 chars)

    Welcome home to the Wallace by Valor Communities. Open your front door into the foyer while admiring your entrance design. Then strut your way to your kitchen to make a glass of sweet tea. The kitchen has a huge quartz island perfect for gathering. We even saved room for a more casual dining area for those fancy sit down family meals. The kitchen area flows into the main entertaining room, making the perfect space to never miss a play on football Saturdays! Off your main room you have a great grilling area if you want to throw some goodness on the grill as well. Upstairs you have an amazing primary bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are two sinks, a shower, and a walk in closet. The three other bedrooms have lovely ceiling details and are made to hold a California King size bed with 2 end tables. Photos/videos are of a similar home, options and upgrades shown may not be included in price.

19. 2025-10-08
    listed $269,850 Active 955-char remark

    Show marketing remark (955 chars)

    Welcome home to the Wallace by Valor Communities. Open your front door into the foyer while admiring your entrance design. Then strut your way to your kitchen to make a glass of sweet tea. The kitchen has a huge quartz island perfect for gathering. We even saved room for a more casual dining area for those fancy sit down family meals. The kitchen area flows into the main entertaining room, making the perfect space to never miss a play on football Saturdays! Off your main room you have a great grilling area if you want to throw some goodness on the grill as well. Upstairs you have an amazing primary bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are two sinks, a shower, and a walk in closet. The three other bedrooms have lovely ceiling details and are made to hold a California King size bed with 2 end tables. Photos/videos are of a similar home, options and upgrades shown may not be included in price.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,949
• − Mortgage interest: −$16,463
• − Property taxes: −$4,409
• − Insurance: −$1,470
• − Repairs & maintenance: −$1,836
• − Management: −$1,836
• − Depreciation: −$8,550
• Taxable loss: −$11,615
• Est. tax savings @ 24.0%: +$2,787
• After-tax cash flow: $-3,457/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

+3.0% since first listed

3 events — show timeline

• 2026-05-12 Price Changed $277,850 Zillow
• 2026-01-29 Price Changed $272,850 Zillow
• 2025-10-08 Listed $269,850 Zillow