3675 Berkley Dr · Montgomery, AL 36111

$69,900

3 bd · 2.0 ba · 1,919 sqft · SingleFamily public records · 112 Days on market

Built 1955 0.30 ac lot $36/sqft · 15% below area Est $83k · 15% 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 +14.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Welcome to 3675 Berkley Drive, located in one of Montgomery’s most established and desirable areas. This well-maintained home offers a functional layout with comfortable living spaces, ideal for both everyday living and entertaining. The property features generous room sizes, ample natural light, and classic charm throughout. Excellent investment property or first-time home buyer. Enjoy a spacious yard perfect for outdoor gatherings, gardening, or future enhancements. Conveniently located near shopping, dining, schools, and major roadways, this home provides both comfort and accessibility. Whether you’re a first-time buyer, downsizing, or looking for a solid investment opportunity, this property offers great potential in a sought-after location.

Key facts

• Spacious yard
• Ample natural light
• Classic charm

Tags

• SPACIOUS YARD
• FUNCTIONAL LAYOUT
• AMPLE NATURAL LIGHT
• CLASSIC CHARM
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $525 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $64k (9.0% below list) — sets the bar for market timing.
• Cap rate 15.3% 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: schools C-, employment D, crime F.
• 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.
• Market conditions: 110 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $483 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 26y ago; this cycle's ask has dropped $78k (53%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $63,609 (9.0% below list)

Questions for the listing agent

1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% 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. 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. 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: 1.84% ✓
• Cap rate: 15.30%
• Cash-on-cash: 32.16%
• DSCR: 2.43
• GRM: 4.5

CMA / ARV

• ARV (median comp): $82,512
• List price: $69,900
• Delta: -15.28%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3653 Cloverdale Rd	0.08mi	3/2.0	1,768 (-8%)	3mo	$100,000	$57	81
3637 Cloverdale Rd	0.07mi	3/2.0	1,655 (-14%)	3mo	$90,000	$54	72
3622 Audubon Rd	0.11mi	3/2.0	1,659 (-14%)	1mo	$86,000	$52	71
3653 Kelley Ln	0.63mi	4/1.0 (+1)	1,934 (+1%)	0mo	$50,000	$26	60
1394 Avalon Ln	0.40mi	3/2.0	1,694 (-12%)	4mo	$116,000	$68	59
3504 Cloverdale Rd	0.42mi	3/2.0	2,149 (+12%)	2mo	$39,500	$18	58
3356 Cloverdale Rd	0.69mi	2/2.0 (-1)	1,966 (+2%)	1mo	$229,000	$116	58
1032 Roslyn Dr	0.35mi	4/2.0 (+1)	2,193 (+14%)	1mo	$138,000	$63	54
3469 Wellington Rd	0.70mi	3/2.0	1,782 (-7%)	3mo	$49,900	$28	53
3926 Princeton Rd	0.48mi	4/2.0 (+1)	1,716 (-11%)	5mo	$160,000	$93	51
1448 Beaumont Dr	0.53mi	4/2.0 (+1)	1,700 (-11%)	3mo	$139,900	$82	49
3455 Wellington Rd	0.73mi	4/2.0 (+1)	2,038 (+6%)	3mo	$100,000	$49	48

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: 27.2%
• Equity multiple: 2.13×
• Total profit: $22,110
• Equity at exit: $10,422

10-year hold

• IRR: 34.8%
• Equity multiple: 4.19×
• Total profit: $62,380
• Equity at exit: $6,044

Cash invested: $19,572 (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: 110
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,290 high
• Mortgage (P&I): −$367
• Tax from tax record: −$99 /mo · $1,182/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $525

Break-even live

Break-even rent $626

Max offer price $69,900

Occupancy floor 54%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3649 Princeton Rd Montgomery, AL	3.0	1.0	1266	$1,200	$0.95	21d	1	0.15mi
3735 Bridlewood Dr Montgomery, AL	3.0	1.0	1386	$895	$0.65	44d	1	0.15mi
3708 Princeton Rd Montgomery, AL	2.0	2.0	1749	$900	$0.51	21d	1	0.21mi
3543 Berkley Dr Montgomery, AL	4.0	2.0	2067	$1,575	$0.76	13d	1	0.27mi
3720 Stanley Dr Montgomery, AL	4.0	2.0	1719	$1,650	$0.96	21d	1	0.28mi
1067 Roslyn Dr Montgomery, AL	4.0	2.0	1760	$1,125	$0.64	21d	1	0.40mi
3510 Bankhead Ave Montgomery, AL	3.0	3.0	2210	$2,250	$1.02	44d	1	0.40mi
1437 Beaumont Dr Montgomery, AL	4.0	2.0	2029	$1,500	$0.74	44d	1	0.48mi
548 Winston Dr Montgomery, AL	2.0	2.5	1396	$1,000	$0.72	44d	1	0.60mi
3485 Wellington Rd Montgomery, AL	3.0	2.0	2437	$1,395	$0.57	21d	1	0.65mi
3369 Montezuma Rd Montgomery, AL	3.0	1.0	1281	$1,150	$0.90	44d	1	0.65mi
3356 Audubon Rd Montgomery, AL	2.0	1.5	1340	$950	$0.71	44d	1	0.66mi
3386 Lexington Rd Unit B Montgomery, AL	2.0	1.0	1950	$900	$0.46	21d	1	0.73mi
1434 E Audubon Rd Montgomery, AL	4.0	2.0	2237	$1,475	$0.66	44d	1	0.74mi
3544 Southmont Dr Montgomery, AL	4.0	1.5	1774	$1,300	$0.73	21d	1	0.81mi
3256 Montezuma Rd Montgomery, AL	3.0	2.0	1515	$1,450	$0.96	44d	1	0.84mi
3235 Norman Bridge Rd Montgomery, AL	3.0	1.0	1873	$900	$0.48	44d	1	0.92mi
3338 S Hull St Montgomery, AL	2.0	2.0	1311	$1,150	$0.88	21d	1	0.93mi
1355 Buckingham Dr Montgomery, AL	4.0	2.0	1620	$1,650	$1.02	13d	1	1.01mi
4342 Sunshine Dr Montgomery, AL	3.0	2.0	1323	$1,250	$0.94	13d	1	1.03mi
3304 Gilmer Ave Montgomery, AL	4.0	2.0	2009	$1,400	$0.70	21d	1	1.03mi
2198 Beverly Dr Montgomery, AL	4.0	2.5	2476	$1,495	$0.60	44d	1	1.11mi
2727 Boultier St Montgomery, AL	1.0–3.0	1.0–2.0	1070	$1,582	$1.48	13d	3	1.19mi
1219 Biscayne Dr Montgomery, AL	4.0	1.5	1228	$1,295	$1.05	21d	1	1.21mi
139 Mount Vernon Dr Unit A Montgomery, AL	4.0	2.5	1700	$1,000	$0.59	44d	1	1.22mi
428 Thorn Pl Montgomery, AL	2.0	1.0	1549	$1,450	$0.94	44d	1	1.27mi
1450 Crenshaw Pl S Montgomery, AL	3.0	2.0	1641	$1,775	$1.08	44d	1	1.28mi
1919 Norman Bridge Ct Unit 1043838P Montgomery, AL	4.0	3.0	1539	$4,108	$2.67	44d	1	1.29mi
519 Thorn Pl Montgomery, AL	2.0	1.0	1632	$650	$0.40	21d	1	1.29mi
1425 Blairwood Montgomery, AL	3.0	2.0	1700	$1,850	$1.09	13d	1	1.37mi
1355 Magnolia Curv Montgomery, AL	3.0	3.0	2260	$1,800	$0.80	13d	1	1.41mi

Listing history 42 events

1. 2026-06-18
   days on market $69,900 Active 112 DOM
2. 2026-06-17
   days on market $69,900 Active 111 DOM
3. 2026-06-16
   days on market $69,900 Active 110 DOM
4. 2026-06-15
   pricedays on market $69,900 Active 109 DOM
5. 2026-06-14
   days on market $79,900 Active 107 DOM
6. 2026-06-13
   days on market $79,900 Active 106 DOM
7. 2026-06-10
   days on market $79,900 Active 104 DOM
8. 2026-06-09
   days on market $79,900 Active 103 DOM
9. 2026-06-08
   days on market $79,900 Active 102 DOM
10. 2026-06-07
    days on market $79,900 Active 101 DOM
11. 2026-06-03
    days on market $79,900 Active 97 DOM
12. 2026-06-02
    pricedays on market $79,900 Active 96 DOM
13. 2026-06-01
    days on market $90,000 Active 95 DOM
14. 2026-05-31
    days on market $90,000 Active 94 DOM
15. 2026-05-30
    days on market $90,000 Active 93 DOM
16. 2026-05-15
    price $90,000 767-char remark

    Show marketing remark (767 chars)

    Welcome to 3675 Berkley Drive, located in one of Montgomery’s most established and desirable areas. This well-maintained home offers a functional layout with comfortable living spaces, ideal for both everyday living and entertaining. The property features generous room sizes, ample natural light, and classic charm throughout. Excellent investment property or first-time home buyer. Enjoy a spacious yard perfect for outdoor gatherings, gardening, or future enhancements. Conveniently located near shopping, dining, schools, and major roadways, this home provides both comfort and accessibility. Whether you’re a first-time buyer, downsizing, or looking for a solid investment opportunity, this property offers great potential in a sought-after location.

17. 2026-04-15
    price $105,000 767-char remark

    Show marketing remark (767 chars)

    Welcome to 3675 Berkley Drive, located in one of Montgomery’s most established and desirable areas. This well-maintained home offers a functional layout with comfortable living spaces, ideal for both everyday living and entertaining. The property features generous room sizes, ample natural light, and classic charm throughout. Excellent investment property or first-time home buyer. Enjoy a spacious yard perfect for outdoor gatherings, gardening, or future enhancements. Conveniently located near shopping, dining, schools, and major roadways, this home provides both comfort and accessibility. Whether you’re a first-time buyer, downsizing, or looking for a solid investment opportunity, this property offers great potential in a sought-after location.

18. 2026-04-15
    status Active 767-char remark

    Show marketing remark (767 chars)

    Welcome to 3675 Berkley Drive, located in one of Montgomery’s most established and desirable areas. This well-maintained home offers a functional layout with comfortable living spaces, ideal for both everyday living and entertaining. The property features generous room sizes, ample natural light, and classic charm throughout. Excellent investment property or first-time home buyer. Enjoy a spacious yard perfect for outdoor gatherings, gardening, or future enhancements. Conveniently located near shopping, dining, schools, and major roadways, this home provides both comfort and accessibility. Whether you’re a first-time buyer, downsizing, or looking for a solid investment opportunity, this property offers great potential in a sought-after location.

19. 2025-12-14
    listed $147,500 Active 767-char remark

    Show marketing remark (767 chars)

    Welcome to 3675 Berkley Drive, located in one of Montgomery’s most established and desirable areas. This well-maintained home offers a functional layout with comfortable living spaces, ideal for both everyday living and entertaining. The property features generous room sizes, ample natural light, and classic charm throughout. Excellent investment property or first-time home buyer. Enjoy a spacious yard perfect for outdoor gatherings, gardening, or future enhancements. Conveniently located near shopping, dining, schools, and major roadways, this home provides both comfort and accessibility. Whether you’re a first-time buyer, downsizing, or looking for a solid investment opportunity, this property offers great potential in a sought-after location.

20. 2023-11-30
    soldstatus $76,000 Closed 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

21. 2023-11-07
    status Pending 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

22. 2023-10-30
    historical Contingent 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

23. 2023-10-16
    status Active 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

24. 2023-10-16
    price $81,000 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

25. 2023-10-16
    price $80,000 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

26. 2023-10-05
    status Pending 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

27. 2023-09-19
    historical Contingent 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

28. 2023-09-08
    price $86,000 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

29. 2023-08-24
    listed $90,000 Active 80-char remark

    Show marketing remark (80 chars)

    Great 3 bedroom, 2 bath home located in Normandale. Home will need a little TLC.

30. 2022-10-11
    soldstatus $65,000
31. 2022-10-06
    soldstatus $65,000
32. 2022-09-02
    listed $69,900
33. 2022-09-01
    listed $69,900
34. 2022-04-19
    listed $84,000
35. 2013-06-11
    soldstatus $13,500
36. 2012-06-15
    listed $19,800
37. 2011-10-19
    listed $26,900
38. 2010-09-20
    listed $49,900
39. 2004-11-12
    soldstatus $46,000
40. 2003-09-12
    listed $47,600
41. 2000-10-13
    soldstatus $61,500
42. 2000-08-14
    listed $58,000

ⓘ 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: $1,182 · $99/mo
• Projected year-2 tax: $1,182 · $99/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 7/10 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: $15,475
• − Mortgage interest: −$3,915
• − Property taxes: −$1,182
• − Insurance: −$350
• − Repairs & maintenance: −$1,238
• − Management: −$1,238
• − Depreciation: −$2,033
• Taxable income: $5,518
• Est. tax owed @ 24.0%: −$1,324
• After-tax cash flow: $4,970/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

+55.2% since first listed

27 events — show timeline

• 2026-05-15 Price Changed $90,000 MAAR
• 2026-04-15 Price Changed $105,000 MAAR
• 2026-04-15 Relisted — MAAR
• 2025-12-14 Listed $147,500 MAAR
• 2023-11-30 Sold (MLS) $76,000 MAAR
• 2023-11-07 Pending — MAAR
• 2023-10-30 Contingent — MAAR
• 2023-10-16 Relisted — MAAR
• 2023-10-16 Price Changed $81,000 MAAR
• 2023-10-16 Price Changed $80,000 MAAR
• 2023-10-05 Pending — MAAR
• 2023-09-19 Contingent — MAAR
• 2023-09-08 Price Changed $86,000 MAAR
• 2023-08-24 Listed $90,000 MAAR
• 2022-10-11 Sold (Public Records) $65,000 Public Records
• 2022-10-06 Sold (MLS) $65,000 MAAR
• 2022-09-02 Listed $69,900 MAAR
• 2022-09-01 Listed $69,900 MAAR
• 2022-04-19 Listed $84,000 MAAR
• 2013-06-11 Sold (MLS) $13,500 MAAR
• 2012-06-15 Listed $19,800 MAAR
• 2011-10-19 Listed $26,900 MAAR
• 2010-09-20 Listed $49,900 MAAR
• 2004-11-12 Sold (MLS) $46,000 MAAR
• 2003-09-12 Listed $47,600 MAAR
• 2000-10-13 Sold (MLS) $61,500 MAAR
• 2000-08-14 Listed $58,000 MAAR

Property tax history

+11.4%/yr

Latest (2025): $1,182 · +108.7% YoY. Source: county tax records.