2035 Kirkland Ave · Littleville, AL 35654

$99,000

3 bd · 1.5 ba · 1,488 sqft · SingleFamily public records · 128 Days on market

Built 1972 0.40 ac lot $67/sqft · 25% below area Est $132k · 25% 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 +26.9/30.0
• ARV discount +15.0/15.0
• DSCR +9.3/10.0
• 1% rule +6.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.6/10.0

Listing remarks MLS

3 bedroom, 1.5 bath home located in Littleville community. This property is a fixer-upper and offers excellent opportunity to renovate and customize. Buyer to verify all info. Hablo Espanol

Key facts

• 0.4 acre lot
• Built 1972
• Listed 127 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $274 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.6% vs local median 3.5% in Littleville — 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 65/100 on livability (#122 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, schools F, amenities F.
• Colbert County (rural): math 13% / reading 38% proficiency, ranked #90 of 129 in AL (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 43 active listings in the ZIP; 91 units permitted in Colbert County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Colbert County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago; this cycle's ask has dropped $11k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $9k; list at $99k implies a 1000% gain — meaningful room to come down on a strong offer.

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 $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% 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. 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 F-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. 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: 1.12% ✓
• Cap rate: 9.62%
• Cash-on-cash: 11.87%
• DSCR: 1.53
• GRM: 7.5

CMA / ARV

• ARV (median comp): $132,340
• List price: $99,000
• Delta: -25.19%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1700 Pine Ave	0.73mi	3/1.0	1,333 (-10%)	11mo	$65,000	$49	38

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: 1.3%
• Equity multiple: 1.05×
• Total profit: $1,389
• Equity at exit: $14,761

10-year hold

• IRR: 10.9%
• Equity multiple: 1.85×
• Total profit: $23,555
• Equity at exit: $8,560

Cash invested: $27,720 (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 35654

• Home prices YoY: -4.6%
• Active inventory: 43
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,105 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$38 /mo · $457/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $274

Break-even live

Break-even rent $758

Max offer price $99,000

Occupancy floor 70%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-19
   days on market $99,000 Active 128 DOM
2. 2026-06-18
   days on market $99,000 Active 127 DOM
3. 2026-06-17
   days on market $99,000 Active 126 DOM
4. 2026-06-16
   days on market $99,000 Active 125 DOM
5. 2026-06-15
   days on market $99,000 Active 124 DOM
6. 2026-06-14
   days on market $99,000 Active 122 DOM
7. 2026-06-13
   days on market $99,000 Active 121 DOM
8. 2026-06-10
   days on market $99,000 Active 119 DOM
9. 2026-06-09
   days on market $99,000 Active 118 DOM
10. 2026-06-08
    days on market $99,000 Active 117 DOM
11. 2026-06-07
    days on market $99,000 Active 116 DOM
12. 2026-06-05
    days on market $99,000 Active 113 DOM
13. 2026-06-03
    days on market $99,000 Active 112 DOM
14. 2026-06-02
    days on market $99,000 Active 111 DOM
15. 2026-06-01
    days on market $99,000 Active 110 DOM
16. 2026-05-31
    days on market $99,000 Active 109 DOM
17. 2026-05-30
    days on market $99,000 Active 108 DOM
18. 2026-05-08
    price $99,000 189-char remark

    Show marketing remark (189 chars)

    3 bedroom, 1.5 bath home located in Littleville community. This property is a fixer-upper and offers excellent opportunity to renovate and customize. Buyer to verify all info. Hablo Espanol

19. 2026-02-11
    listed $109,900 Active 189-char remark

    Show marketing remark (189 chars)

    3 bedroom, 1.5 bath home located in Littleville community. This property is a fixer-upper and offers excellent opportunity to renovate and customize. Buyer to verify all info. Hablo Espanol

20. 2025-04-02
    soldstatus $9,000 Closed 325-char remark

    Show marketing remark (325 chars)

    A great home for anyone looking to add value to a home with plenty of potential and turn it into their own! This property offers 3 bedrooms and 1.5 baths, and has with it a bonus room that could serve as an additional bedroom! This property can be sold along with another lot just across the street! Buyer to verify all info.

21. 2024-11-06
    status Pending 325-char remark

    Show marketing remark (325 chars)

    A great home for anyone looking to add value to a home with plenty of potential and turn it into their own! This property offers 3 bedrooms and 1.5 baths, and has with it a bonus room that could serve as an additional bedroom! This property can be sold along with another lot just across the street! Buyer to verify all info.

22. 2024-10-09
    listed $84,900 Active 325-char remark

    Show marketing remark (325 chars)

    A great home for anyone looking to add value to a home with plenty of potential and turn it into their own! This property offers 3 bedrooms and 1.5 baths, and has with it a bonus room that could serve as an additional bedroom! This property can be sold along with another lot just across the street! Buyer to verify all info.

23. 2015-09-04
    listed $75,900

ⓘ 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: $457 · $38/mo
• Projected year-2 tax: $457 · $38/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 5/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 22% 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: $13,257
• − Mortgage interest: −$5,546
• − Property taxes: −$457
• − Insurance: −$495
• − Repairs & maintenance: −$1,061
• − Management: −$1,061
• − Depreciation: −$2,880
• Taxable income: $1,758
• Est. tax owed @ 24.0%: −$422
• After-tax cash flow: $2,869/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: Colbert County
• NCES district ID: 0100840
• Math proficiency: 13% ▼ -24.00%
• Reading proficiency: 38% ▬ 0.00%
• Median HH income: $40,710
• Composite: 21.48/100
• National rank: #8328
• State rank: #90 of 129 in AL

Livability — Littleville

• Score: 65/100
• State rank: #122
• US rank: #12858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Littleville, AL
• Population (ZIP): 8,396

Population outlook (Colbert County) Hauer SSP2

• Today (2025): 54,154 people
• By 2030: 53,746 · -0.8%
• By 2040: 52,431 · -3.2%
• By 2050: 50,303 · -7.1%
• By 2075: 44,789 · -17.3%
• By 2100: 36,676 · -32.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 18% Two or more races 8% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Serbian 1% Italian 1% Lithuanian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 15%

Political lean MEDSL · Colbert

• 2024 margin: Solid R (+46.4) · D 26.4% · R 72.8%
• 2008→2024 swing: -26.2pp toward R · 2008: -20.3pp · 2024: -46.4pp
• All cycles: 2024: R+46.4 2020: R+38.9 2016: R+38.3 2012: R+20.4 2008: R+20.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -8.75%
• Current HPI: 181.7
• Rent YoY: —
• Metro: —
• 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

+30.4% since first listed

6 events — show timeline

• 2026-05-08 Price Changed $99,000 SAARMLS
• 2026-02-11 Listed $109,900 SAARMLS
• 2025-04-02 Sold (MLS) $9,000 SAARMLS
• 2024-11-06 Pending — SAARMLS
• 2024-10-09 Listed $84,900 SAARMLS
• 2015-09-04 Listed $75,900 SAARMLS

Property tax history

+6.8%/yr

Latest (2025): $457 · +3.2% YoY. Source: county tax records.