2627 Fisk Rd · Montgomery, AL 36111

$107,000

2 bd · 1.0 ba · 1,340 sqft · SingleFamily public records · 51 Days on market

Built 1955 0.31 ac lot $80/sqft · 18% below area Est $130k · 18% under

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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).

• Cash flow +21.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +5.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

Key facts

• Covered patio
• Accent backsplash
• 0.31 acre lot

Tags

• ACCENT BACKSPLASH
• COVERED PATIO
• FULLY FENCED BACKYARD

Property features AI

Exterior

• Parking: Attached garage with 1 parking space
• Utilities: Electricity available; Public water; Public sewer
• Home design: Single-story; Brick and vinyl siding construction; Built per public records
• Construction: Slab foundation
• Exterior features: Patio; Lot outside city limits; Lot dimensions approximately 85 x 159

Interior

• Kitchen: Dishwasher; Electric range; Microwave
• Flooring: Tile; Vinyl; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Tile, vinyl, and wood flooring; Patio
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $107k.

Deal economics

• At list price, monthly cash flow is $156 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $107k (0.2% below list).
• Recommended offer: $104k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 6.0% in Montgomery — 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 (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities D-.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Dannelly Elementary School (math 2% / reading 21%, grade F, #556 of 627 statewide, top 89%, 622 students, 88% FRL); Brewbaker Middle School (math 0% / reading 19%, grade F, #227 of 257 statewide, top 90%, 838 students, 91% FRL); Jefferson Davis High School (math 3% / reading 16%, grade F, #258 of 305 statewide, top 85%, 1,522 students, 83% FRL) — zoned schools average 87% FRL vs 70% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 114 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $740 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($104k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $103,790 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.00% ✗
• Cap rate: 8.05%
• Cash-on-cash: 6.26%
• DSCR: 1.28
• GRM: 8.3

CMA / ARV

• ARV (median comp): $130,263
• List price: $107,000
• Delta: -17.86%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3007 N Colonial Dr	0.10mi	3/2.0 (+1)	1,409 (+5%)	18mo	$119,000	$84	62
3111 Sutton Dr	0.35mi	2/2.0	1,367 (+2%)	22mo	$135,000	$99	58
3109 Sutton Dr	0.35mi	2/2.0	1,357 (+1%)	24mo	$125,000	$92	58
3036 Sutton Dr	0.36mi	2/2.0	1,502 (+12%)	4mo	$116,000	$77	56
3012 Sutton Dr	0.38mi	2/2.0	1,455 (+9%)	13mo	$120,000	$82	53
2621 Clement Curv	0.32mi	3/2.0 (+1)	1,434 (+7%)	17mo	$137,000	$96	50

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: -6.7%
• Equity multiple: 0.75×
• Total profit: $-7,403
• Equity at exit: $15,954

10-year hold

• IRR: 2.9%
• Equity multiple: 1.21×
• Total profit: $6,303
• Equity at exit: $9,251

Cash invested: $29,960 (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 36111

• Home prices YoY: -6.9%
• Active inventory: 114
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,068 high
• Mortgage (P&I): −$561
• Tax from tax record: −$82 /mo · $981/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$224
• Net cashflow: $156

Break-even live

Break-even rent $870

Max offer price $107,000

Occupancy floor 80%

Sensitivity live

Price	-10% $217	-5% $187	+0% $156	+5% $126	+10% $96
Rent	-10% $72	-5% $114	+0% $156	+5% $198	+10% $241
Rate	-1.0pp $210	-0.5pp $183	base $156	+0.5pp $129	+1.0pp $100

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: $26,750
• Closing costs: $3,210
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3543 Carter Hill Rd Montgomery, AL	1.0–3.0	1.0–2.0	1120	$800	$0.71	15d	16	0.28mi
2441 Price St Unit D Montgomery, AL	3.0	2.0	1264	$900	$0.71	22d	1	0.33mi
2440 Price St Unit C Montgomery, AL	3.0	2.0	1800	$1,050	$0.58	45d	1	0.33mi
2430 Price St Montgomery, AL	2.0	1.5	1275	$1,175	$0.92	15d	1	0.35mi
3050 Sutton Dr Montgomery, AL	2.0	2.0	1719	$1,450	$0.84	22d	1	0.36mi
2651 Clement Curv Montgomery, AL	3.0	2.0	1402	$1,550	$1.11	22d	1	0.39mi
3388 McGehee Rd Unit B Montgomery, AL	2.0	2.0	900	$545	$0.61	22d	1	0.70mi
3380 McGehee Rd Montgomery, AL	3.0	2.0	1000	$650	$0.65	15d	1	0.71mi
2619 Brantford Pl Montgomery, AL	3.0	2.0	1323	$1,200	$0.91	45d	1	0.77mi
2230 Woodley Sq W Montgomery, AL	1.0–2.0	1.0–2.0	902	$898	$1.00	15d	11	0.87mi
2401 Overhill Rd Montgomery, AL	3.0	1.0	999	$700	$0.70	22d	1	0.93mi
3252 Cheltenham Dr Montgomery, AL	3.0	2.0	1705	$1,200	$0.70	45d	1	1.07mi
3580 McGehee Pl Dr S Montgomery, AL	3.0	2.0	1200	$1,205	$1.00	45d	1	1.07mi
4220 Strathmore Dr Montgomery, AL	1.0–3.0	1.0–2.0	931	$899	$0.97	45d	1	1.09mi
3770 Maclamar Rd Montgomery, AL	3.0	1.0	1129	$950	$0.84	22d	1	1.20mi
1814 Sylvan Dr Montgomery, AL	3.0	2.0	1785	$1,400	$0.78	22d	1	1.33mi

Listing history 34 events

1. 2026-06-21
   days on market $107,000 Active 51 DOM
2. 2026-06-18
   days on market $107,000 Active 48 DOM
3. 2026-06-17
   days on market $107,000 Active 47 DOM
4. 2026-06-16
   days on market $107,000 Active 46 DOM
5. 2026-06-15
   days on market $107,000 Active 45 DOM
6. 2026-06-14
   days on market $107,000 Active 43 DOM
7. 2026-06-13
   days on market $107,000 Active 42 DOM
8. 2026-06-10
   days on market $107,000 Active 40 DOM
9. 2026-06-09
   days on market $107,000 Active 39 DOM
10. 2026-06-08
    days on market $107,000 Active 38 DOM
11. 2026-06-07
    days on market $107,000 Active 37 DOM
12. 2026-06-03
    days on market $107,000 Active 33 DOM
13. 2026-06-02
    days on market $107,000 Active 32 DOM
14. 2026-06-01
    days on market $107,000 Active 31 DOM
15. 2026-05-31
    days on market $107,000 Active 30 DOM
16. 2026-05-30
    days on market $107,000 Active 29 DOM
17. 2026-05-17
    price $107,000 360-char remark
18. 2026-05-01
    listed $110,000 Active 360-char remark
19. 2026-04-08
    soldstatus $110,000
20. 2024-04-03
    soldstatus $85,000 Sold 197-char remark

    Show marketing remark (197 chars)

    Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

21. 2024-03-26
    soldstatus $91,700
22. 2024-03-04
    status Pending 197-char remark

    Show marketing remark (197 chars)

    Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

23. 2024-02-08
    price $95,900 197-char remark

    Show marketing remark (197 chars)

    Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

24. 2024-02-01
    price $97,900 197-char remark

    Show marketing remark (197 chars)

    Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

25. 2024-01-26
    price $99,900 197-char remark

    Show marketing remark (197 chars)

    Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

26. 2024-01-22
    listed $104,900 Active 197-char remark

    Show marketing remark (197 chars)

    Charming 2BR/1BA home nestled in a convenient location. This property features a 1-car garage, which offers the potential for easy conversion. The sizable fenced lot adds to its appeal. Sold as-is.

27. 2022-08-04
    listed $105,000
28. 2017-04-04
    listed $77,000
29. 2014-12-11
    listed $85,000
30. 2002-05-10
    soldstatus $78,000
31. 2002-03-29
    listed $78,000
32. 2000-06-19
    listed $79,500
33. 1999-04-02
    listed $76,500
34. 1998-09-26
    listed $85,000

ⓘ 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: $981 · $82/mo
• Projected year-2 tax: $981 · $82/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 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $12,815
• − Mortgage interest: −$5,994
• − Property taxes: −$981
• − Insurance: −$535
• − Repairs & maintenance: −$1,025
• − Management: −$1,025
• − Depreciation: −$3,113
• Taxable income: $143
• Est. tax owed @ 24.0%: −$34
• After-tax cash flow: $1,841/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: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• City population: 175,913
• Population (ZIP): 12,196

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (60%)
• Race & ethnicity: Black 60% White 34% Asian 3% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Slovak 2% Serbian 2% Italian 1%
• Foreign-born: 3% · China, Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Chinese 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -11.63%
• Current HPI: 156.4412
• 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

+25.9% since first listed

18 events — show timeline

• 2026-05-17 Price Changed $107,000 MAAR
• 2026-05-01 Listed $110,000 MAAR
• 2026-04-08 Sold (Public Records) $110,000 Public Records
• 2024-04-03 Sold (MLS) $85,000 Greater Alabama MLS
• 2024-03-26 Sold (Public Records) $91,700 Public Records
• 2024-03-04 Pending — Greater Alabama MLS
• 2024-02-08 Price Changed $95,900 Greater Alabama MLS
• 2024-02-01 Price Changed $97,900 Greater Alabama MLS
• 2024-01-26 Price Changed $99,900 Greater Alabama MLS
• 2024-01-22 Listed $104,900 Greater Alabama MLS
• 2022-08-04 Listed $105,000 MAAR
• 2017-04-04 Listed $77,000 MAAR
• 2014-12-11 Listed $85,000 MAAR
• 2002-05-10 Sold (MLS) $78,000 MAAR
• 2002-03-29 Listed $78,000 MAAR
• 2000-06-19 Listed $79,500 MAAR
• 1999-04-02 Listed $76,500 MAAR
• 1998-09-26 Listed $85,000 MAAR

Property tax history

+12.1%/yr

Latest (2025): $981 · +87.3% YoY. Source: county tax records.