200 Byrd Dr #6 · Owens Cross Roads, AL 35763

$84,900

1 bd · 1.0 ba · 690 sqft · SingleFamily · 436 Days on market

Built 2025 Good condition $123/sqft · 48% below area Est $165k · 48% under $500/mo HOA · 39% of rent

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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).

• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• Cash flow +8.8/30.0
• Condition / age +4.0/5.0
• Schools +3.5/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• DSCR +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Sanctuary at Green Mountain! Our Talus home has been SUPER popular with its cozy front porch fireplace, and we are excited to offer this one for sale - available today! Our homeowners love the open kitchen, natural light, and all the luxury finishes. Check out our website for FAQs and to schedule a visit to the community: SanctuaryatGreenMountain.

Key facts

• Luxury finishes
• Natural light
• Open kitchen

Tags

• FRONT PORCH FIREPLACE
• OPEN KITCHEN
• NATURAL LIGHT
• LUXURY FINISHES

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $85k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-69 ($-831/yr) — negative.
• To cash-flow at today's rent, offer at most $75k (11.8% below list).
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.3% vs local median 4.4% in Owens Cross Roads — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 68/100 on livability (#65 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Madison County Elementary School (math 17% / reading 47%, grade F, #331 of 627 statewide, top 57%, 412 students, 59% FRL); Madison County High School (math 32% / reading 42%, grade F, #39 of 305 statewide, top 13%, 483 students, 35% FRL) — zoned schools average 47% FRL vs 29% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.5%/yr); 559 active listings in the ZIP; high-income renter base; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent is only 13% of the median local income ($123k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k 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

• It's been on market 436 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 39% of rent.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,712 (12.0% 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 436 days. Have you received any prior offers? Is the seller open to a 12% 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. 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: 1.52% ✓
• Cap rate: 5.31%
• Cash-on-cash: -3.50%
• DSCR: 0.84
• GRM: 5.5

CMA / ARV

• ARV (median comp): $164,847
• List price: $84,900
• Delta: -48.50%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
170 Long Dr	0.26mi	2/1.0 (+1)	672 (-3%)	48mo	$51,400	$76	59
6043 Margie Collins Dr	1.02mi	2/1.5 (+1)	892 (+29%)	26mo	$259,900	$291	13

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 · 3.54% rent growth · sell at horizon

5-year hold

• IRR: -20.5%
• Equity multiple: 0.28×
• Total profit: $-17,138
• Equity at exit: $12,659

10-year hold

• IRR: -10.7%
• Equity multiple: 0.31×
• Total profit: $-16,358
• Equity at exit: $7,341

Cash invested: $23,772 (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 →

Active competition Active MLS

• For sale now: 12 active
• Median asking: $92,196 ($138/sqft)
• Median days on market: 451 d
• This list price: 8% of active listings are priced below it
• ARV vs active asking: +73.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 35763

• Home prices YoY: -3.6%
• Rents YoY: 3.5%
• Active inventory: 559
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,288 medium
• Mortgage (P&I): −$445
• Tax est. 1.5%: −$106 /mo · $1,274/yr
• Insurance: −$35
• HOA: −$500
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $-69

Break-even live

Break-even rent $1,376

Max offer price $74,878

Occupancy floor —

Sensitivity live

Price	-10% $-11	-5% $-40	+0% $-69	+5% $-99	+10% $-128
Rent	-10% $-171	-5% $-120	+0% $-69	+5% $-18	+10% $32
Rate	-1.0pp $-27	-0.5pp $-48	base $-69	+0.5pp $-91	+1.0pp $-114

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: $21,225
• Closing costs: $2,547
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-11-08
   days on market $84,900 Active 436 DOM
2. 2026-11-07
   days on market $84,900 Active 435 DOM
3. 2026-11-06
   days on market $84,900 Active 434 DOM
4. 2026-11-05
   days on market $84,900 Active 433 DOM
5. 2026-11-04
   days on market $84,900 Active 432 DOM
6. 2026-11-02
   days on market $84,900 Active 430 DOM
7. 2026-11-01
   days on market $84,900 Active 429 DOM
8. 2026-10-31
   days on market $84,900 Active 428 DOM
9. 2026-10-30
   days on market $84,900 Active 427 DOM
10. 2026-10-29
    days on market $84,900 Active 426 DOM
11. 2026-10-28
    days on market $84,900 Active 425 DOM
12. 2026-10-27
    days on market $84,900 Active 424 DOM
13. 2026-10-26
    days on market $84,900 Active 423 DOM
14. 2026-10-26
    days on market $84,900 Active 422 DOM
15. 2026-10-24
    days on market $84,900 Active 421 DOM
16. 2026-10-23
    days on market $84,900 Active 420 DOM
17. 2026-10-22
    days on market $84,900 Active 419 DOM
18. 2026-10-21
    days on market $84,900 Active 418 DOM
19. 2026-10-20
    days on market $84,900 Active 417 DOM
20. 2026-10-19
    days on market $84,900 Active 416 DOM
21. 2026-10-18
    days on market $84,900 Active 415 DOM
22. 2026-10-17
    days on market $84,900 Active 414 DOM
23. 2026-10-16
    days on market $84,900 Active 413 DOM
24. 2026-10-15
    days on market $84,900 Active 412 DOM
25. 2026-10-14
    days on market $84,900 Active 411 DOM
26. 2026-10-13
    days on market $84,900 Active 410 DOM
27. 2026-10-12
    days on market $84,900 Active 409 DOM
28. 2026-10-11
    days on market $84,900 Active 408 DOM
29. 2026-10-10
    days on market $84,900 Active 407 DOM
30. 2026-10-09
    days on market $84,900 Active 406 DOM
31. 2026-10-08
    days on market $84,900 Active 405 DOM
32. 2026-10-07
    days on market $84,900 Active 404 DOM
33. 2026-10-06
    days on market $84,900 Active 403 DOM
34. 2026-10-05
    days on market $84,900 Active 402 DOM
35. 2026-10-04
    days on market $84,900 Active 401 DOM
36. 2026-10-03
    days on market $84,900 Active 400 DOM
37. 2026-10-02
    days on market $84,900 Active 399 DOM
38. 2026-10-01
    days on market $84,900 Active 398 DOM
39. 2026-09-30
    days on market $84,900 Active 397 DOM
40. 2026-09-29
    days on market $84,900 Active 396 DOM
41. 2026-09-28
    days on market $84,900 Active 395 DOM
42. 2026-09-27
    days on market $84,900 Active 394 DOM
43. 2026-09-25
    days on market $84,900 Active 392 DOM
44. 2026-09-24
    days on market $84,900 Active 391 DOM
45. 2026-09-23
    days on market $84,900 Active 390 DOM
46. 2026-09-22
    days on market $84,900 Active 389 DOM
47. 2026-09-21
    days on market $84,900 Active 388 DOM
48. 2026-09-20
    days on market $84,900 Active 387 DOM
49. 2026-09-19
    days on market $84,900 Active 386 DOM
50. 2026-09-18
    days on market $84,900 Active 385 DOM

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,455
• − Mortgage interest: −$4,756
• − Property taxes: −$1,274
• − Insurance: −$424
• − Repairs & maintenance: −$1,236
• − Management: −$1,236
• − HOA: −$6,000
• − Depreciation: −$2,470
• Taxable loss: −$1,941
• Est. tax savings @ 24.0%: +$466
• After-tax cash flow: $-365/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.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $3,450–$10,350 screening

This single-family home is in good condition with modern updates and a good curb appeal. It is ready for a new owner or tenant with minor maintenance items to address.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and home value ↑
• Rental Replace outdoor lighting — Upgrading lighting can make the home more inviting and safer ↑
• Both Install smart home devices — Smart home devices can increase convenience and property value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 34/100

Zoned Schools

Elementary Madison County Elementary School F AL #331/627 Nat'l #24,950/41,679 High Madison County High School F AL #39/305 Nat'l #9,001/17,239

Schools (NCES district)

• District: Madison County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

C Composite livability gradescore 68/100

Livability — Owens Cross Roads

• Score: 68/100
• State rank: #65
• US rank: #9303

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Madison County · 392,086 people
• City population: 19,819
• Metro: Huntsville, AL
• Population (ZIP): 19,819
• Household income: $123,497
• Rent vs Own: 7.5% rent · 92.5% own
• Severe rent burden: 6% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 8% Hispanic / Latino 5% Black 2% Asian 2%
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Russian/Polish/Slavic 1%

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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: ▼ -10.43%
• Current HPI: 281.0561
• Rent YoY: ▲ 3.54%
• Metro: Huntsville, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

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Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

1 event — show timeline

• 2025-08-29 Listed $84,900 Zillow