180 Bennett St · Heflin, AL 36264

$152,000

3 bd · 1.0 ba · 1,816 sqft · SingleFamily public records · 108 Days on market

Built 1955 0.34 ac lot $84/sqft · 36% below area Est $236k · 36% under ↓ 16% since listing

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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
• Cash flow +13.0/30.0
• Appreciation +5.1/10.0
• DSCR +3.9/10.0
• 1% rule +3.2/10.0
• Livability +3.2/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

Key facts

• Charming fireplace
• Upgraded bathrooms
• 0.34 acre lot

Tags

• SCREENED-IN FRONT PORCH
• UPGRADED BATHROOMS
• CHARMING FIREPLACE
• ORIGINAL HARDWOOD FLOORS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $152k.

Deal economics

• At list price, monthly cash flow is $-9 ($-103/yr) — negative.
• To cash-flow at today's rent, offer at most $150k (1.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $125k (18.1% below list).
• Recommended offer: $125k (18.1% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.0% in Heflin — 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 64/100 on livability (#151 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Cleburne County (rural): math 20% / reading 52% proficiency, ranked #42 of 129 in AL (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 66 active listings in the ZIP; 5 units permitted in Cleburne County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($1k loan paydown + $216 appreciation (0.1% local appreciation)).
• Cleburne County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 4y ago; this cycle's ask has dropped $38k (20%) 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: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,538 (18.1% 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 108 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.82% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.24%
• DSCR: 0.99
• GRM: 10.2

CMA / ARV

• ARV (median comp): $235,893
• List price: $152,000
• Delta: -35.56%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
227 Bennett St	0.05mi	3/2.0	1,638 (-10%)	2mo	$80,000	$49	75
755 Bells Mill Rd	0.47mi	2/3.0 (-1)	1,800 (-1%)	17mo	$215,000	$119	50
384 Bennett St	0.20mi	3/1.5	1,555 (-14%)	20mo	$212,000	$136	48
538 Oxford St	0.55mi	2/1.5 (-1)	2,072 (+14%)	1mo	$79,900	$39	43
2988 Cheaha State Park Dr	0.57mi	2/2.0 (-1)	1,620 (-11%)	9mo	$340,000	$210	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.14% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.0%
• Equity multiple: 0.91×
• Total profit: $-3,992
• Equity at exit: $45,218

10-year hold

• IRR: 3.6%
• Equity multiple: 1.40×
• Total profit: $16,849
• Equity at exit: $55,224

Cash invested: $42,560 (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 36264

• Home prices YoY: 0.1%
• Active inventory: 66
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,245 medium
• Mortgage (P&I): −$797
• Tax from tax record: −$132 /mo · $1,584/yr
• Insurance: −$63
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $-9

Break-even live

Break-even rent $1,256

Max offer price $150,488

Occupancy floor 96%

Sensitivity live

Price	-10% $77	-5% $34	+0% $-9	+5% $-52	+10% $-95
Rent	-10% $-107	-5% $-58	+0% $-9	+5% $41	+10% $90
Rate	-1.0pp $68	-0.5pp $30	base $-9	+0.5pp $-48	+1.0pp $-88

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: $38,000
• Closing costs: $4,560
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-05-15
   status Under Contract 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

2. 2026-05-15
   status Pending 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

3. 2026-03-30
   status Active 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

4. 2026-03-30
   status Back On Market 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

5. 2026-03-24
   historical 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

6. 2026-03-24
   historical 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

7. 2026-03-20
   price $152,000 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

8. 2026-03-19
   price $152,000 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

9. 2026-01-21
   listed $190,000 New 563-char remark

   Show marketing remark (563 chars)

   Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

10. 2026-01-21
    listed $190,000 Active 563-char remark

    Show marketing remark (563 chars)

    Are you looking for a home in the heart of Heflin? Look no further, you have found it! Imagine waking up in the morning and having your cup of coffee on the screened-in front porch, and then having a whopping 1 minute commute to almost anything you need in Heflin. This home showcases beautiful features such as upgraded bathrooms, a charming fireplace, and original hardwood floors. This home is the perfect blend of modern touches without losing the original character! This home does need some TLC. Photos have been virtually staged to show its full potential.

11. 2025-06-11
    historical
12. 2025-04-14
    historical
13. 2025-04-02
    price $195,000
14. 2025-04-01
    price $195,000
15. 2025-02-14
    listed $195,000 New
16. 2025-02-14
    listed $205,900 New
17. 2025-02-13
    historical
18. 2025-01-23
    price $205,900
19. 2025-01-22
    price $205,900
20. 2024-12-11
    listed $230,000 New
21. 2022-04-29
    soldstatus $174,900 Sold
22. 2022-04-07
    historical Contingent
23. 2022-03-29
    price $174,900
24. 2022-03-01
    listed $179,900 Active

ⓘ 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: $1,584 · $132/mo
• Projected year-2 tax: $1,584 · $132/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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,945
• − Mortgage interest: −$8,514
• − Property taxes: −$1,584
• − Insurance: −$760
• − Repairs & maintenance: −$1,196
• − Management: −$1,196
• − Depreciation: −$4,422
• Taxable loss: −$2,726
• Est. tax savings @ 24.0%: +$654
• After-tax cash flow: $552/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: Cleburne County
• NCES district ID: 0100780
• Math proficiency: 20% ▼ -29.00%
• Reading proficiency: 52% ▲ 4.00%
• Median HH income: $37,491
• Composite: 29.85/100
• National rank: #6411
• State rank: #42 of 129 in AL

Livability — Heflin

• Score: 64/100
• State rank: #151
• US rank: #13790

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Heflin, AL
• Population (ZIP): 8,408

Population outlook (Cleburne County) Hauer SSP2

• Today (2025): 14,835 people
• By 2030: 14,605 · -1.6%
• By 2040: 14,023 · -5.5%
• By 2050: 13,301 · -10.3%
• By 2075: 11,624 · -21.6%
• By 2100: 9,912 · -33.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Black 7% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Italian 6% Slovak 3% Serbian 3%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Cleburne

• 2024 margin: Solid R (+83.6) · D 7.9% · R 91.5%
• 2008→2024 swing: -21.2pp toward R · 2008: -62.4pp · 2024: -83.6pp
• All cycles: 2024: R+83.6 2020: R+80.4 2016: R+77.4 2012: R+68.2 2008: R+62.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.14%
• Current HPI: 257.2736
• 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

-15.5% since first listed

24 events — show timeline

• 2026-05-15 Pending — GAMLS
• 2026-05-15 Pending — Greater Alabama MLS
• 2026-03-30 Relisted — Greater Alabama MLS
• 2026-03-30 Relisted — GAMLS
• 2026-03-24 Listing Removed — GAMLS
• 2026-03-24 Delisted — Greater Alabama MLS
• 2026-03-20 Price Changed $152,000 Greater Alabama MLS
• 2026-03-19 Price Changed $152,000 GAMLS
• 2026-01-21 Listed $190,000 Greater Alabama MLS
• 2026-01-21 Listed $190,000 GAMLS
• 2025-06-11 Listing Removed — GAMLS
• 2025-04-14 Listing Removed — GAMLS
• 2025-04-02 Price Changed $195,000 Greater Alabama MLS
• 2025-04-01 Price Changed $195,000 GAMLS
• 2025-02-14 Listed $205,900 GAMLS
• 2025-02-14 Listed $195,000 GAMLS
• 2025-02-13 Listing Removed — GAMLS
• 2025-01-23 Price Changed $205,900 Greater Alabama MLS
• 2025-01-22 Price Changed $205,900 GAMLS
• 2024-12-11 Listed $230,000 GAMLS
• 2022-04-29 Sold (MLS) $174,900 Greater Alabama MLS
• 2022-04-07 Contingent — Greater Alabama MLS
• 2022-03-29 Price Changed $174,900 Greater Alabama MLS
• 2022-03-01 Listed $179,900 Greater Alabama MLS

Property tax history

+9.7%/yr

Latest (2025): $1,584 · +161.9% YoY. Source: county tax records.