345 Bedford Ter · Prattville, AL 36066

$179,900

4 bd · 1.0 ba · 1,232 sqft · SingleFamily public records · 15 Days on market

Built 1970 0.26 ac lot Est $181k · at est.

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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 +24.8/30.0
• DSCR +8.0/10.0
• ARV discount +7.8/15.0
• 1% rule +5.4/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to a beautifully updated and lovingly maintained four-bedroom, two-bath retreat where pride of ownership is felt in every detail. From the moment you step inside, warm bamboo flooring guides you through the living room and hallway, creating an inviting flow perfect for both quiet evenings and gathering with loved ones. Cozy, plush carpeting in the bedrooms offers a peaceful escape at the end of the day. The heart of the home—the kitchen—has been thoughtfully redesigned to inspire connection and creativity, featuring rich wood cabinetry, gleaming granite countertops, tile flooring, a spacious pantry, and plenty of room to cook, entertain, and make memories. Unwind in

Key facts

• Rich wood cabinetry
• Spacious pantry
• Updated bathrooms

Tags

• BAMBOO FLOORING
• RICH WOOD CABINETRY
• GRANITE COUNTERTOPS
• SPACIOUS PANTRY
• OWNER'S SUITE
• UPDATED BATHROOMS

Property features AI

Exterior

• Parking: Driveway
• Security: Fire alarm
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; High-speed internet available
• Home design: Single-story home; Built with brick and vinyl siding; Slab foundation; Home warranty included
• Construction: Brick and vinyl siding construction; Slab foundation
• Exterior features: Porch; Patio; Outdoor storage; Level yard with mature trees; City lot

Interior

• Kitchen: Dishwasher; Electric range; Self-cleaning oven; Microwave; Disposal; Plumbed for ice maker; Gas water heater
• Bedrooms: Three first-floor bedrooms
• Flooring: Carpet; Tile; Wood
• Bathrooms: Two full bathrooms (first floor)
• Heating & cooling: Central heating (gas); Central air (electric)
• Interior features: Blinds and window treatments; Double-pane windows; Insulated doors; Fire alarm
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $381 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $177k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 4.2% in Prattville — 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 76/100 on livability (#11 in AL, #3,273 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: amenities D, commute F.
• Autauga County (rural): math 23% / reading 50% proficiency, ranked #34 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Prattville Primary School (714 students, 58% FRL); Prattville Junior High School (math 23% / reading 57%, grade F, #59 of 257 statewide, top 23%, 1,031 students, 56% FRL); Prattville High School (math 32% / reading 41%, grade F, #42 of 305 statewide, top 13%, 1,929 students, 48% FRL) — zoned schools average 54% FRL vs 39% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.9%/yr); 239 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 221 units permitted in Autauga County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Autauga County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($177k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% 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 $177,201 (1.5% below list)

Questions for the listing agent

1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 1.04% ✓
• Cap rate: 8.83%
• Cash-on-cash: 9.07%
• DSCR: 1.40
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $181,104
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
345 Bedford Ter	0.00mi	4/2.0	1,232 (0%)	1mo	$180,000	$146	95
220 Radburn Way	0.15mi	3/2.0 (-1)	1,232 (0%)	2mo	$185,000	$150	82
109 Warwick Dr	0.26mi	3/2.0 (-1)	1,232 (0%)	4mo	$185,000	$150	75
1013 Newton St	0.66mi	3/1.5 (-1)	1,213 (-2%)	3mo	$175,000	$144	58
103 Graylynn Dr	0.33mi	3/2.0 (-1)	1,144 (-7%)	11mo	$175,000	$153	55
137 Odell St	0.48mi	3/2.0 (-1)	1,162 (-6%)	6mo	$168,000	$145	54
1292 Adell St	0.69mi	3/1.5 (-1)	1,274 (+3%)	2mo	$175,000	$137	53
117 Valley Creek Dr	0.40mi	3/2.0 (-1)	1,354 (+10%)	8mo	$239,000	$177	49
111 Valley Creek Dr	0.39mi	3/2.0 (-1)	1,365 (+11%)	8mo	$234,900	$172	48
989 Newton St	0.68mi	4/2.0	1,363 (+11%)	8mo	$165,000	$121	40
526 Woodvale Rd	0.67mi	3/2.0 (-1)	1,331 (+8%)	9mo	$196,000	$147	39
626 Woodvale Rd	0.73mi	3/1.5 (-1)	1,050 (-15%)	6mo	$135,000	$129	29

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 · 2.86% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.90×
• Total profit: $-5,217
• Equity at exit: $26,824

10-year hold

• IRR: 6.8%
• Equity multiple: 1.50×
• Total profit: $25,369
• Equity at exit: $15,554

Cash invested: $50,372 (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 36066

• Home prices YoY: -13.4%
• Rents YoY: 2.9%
• Active inventory: 239
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,871 high
• Mortgage (P&I): −$943
• Tax from tax record: −$79 /mo · $949/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $381

Break-even live

Break-even rent $1,389

Max offer price $179,900

Occupancy floor 75%

Sensitivity live

Price	-10% $483	-5% $432	+0% $381	+5% $330	+10% $279
Rent	-10% $233	-5% $307	+0% $381	+5% $455	+10% $529
Rate	-1.0pp $471	-0.5pp $427	base $381	+0.5pp $334	+1.0pp $287

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
107 Richmond Way Prattville, AL	3.0	2.0	1232	$1,400	$1.14	15d	1	0.13mi
130 Graylynn Dr Prattville, AL	3.0	2.0	1281	$1,300	$1.01	15d	1	0.34mi
172 Chester St Prattville, AL	3.0	1.0	994	$1,400	$1.41	22d	1	0.47mi
1117 Newton St Prattville, AL	3.0	1.5	1422	$1,400	$0.98	45d	1	0.56mi
1214 Camellia Woods Ct Prattville, AL	3.0	2.0	1236	$1,475	$1.19	45d	1	0.98mi
435 Booth St Prattville, AL	3.0	1.0	1131	$1,400	$1.24	22d	1	1.24mi
348 Bent Tree Dr Prattville, AL	3.0	2.0	1323	$1,595	$1.21	45d	1	1.37mi

Listing history 3 events

1. 2026-05-14
   status Pending
2. 2026-05-01
   historical Contingent
3. 2026-04-29
   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: $949 · $79/mo
• Projected year-2 tax: $949 · $79/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 7/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,455
• − Mortgage interest: −$10,077
• − Property taxes: −$949
• − Insurance: −$900
• − Repairs & maintenance: −$1,796
• − Management: −$1,796
• − Depreciation: −$5,233
• Taxable income: $1,704
• Est. tax owed @ 24.0%: −$409
• After-tax cash flow: $4,162/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: Autauga County
• NCES district ID: 0100240
• Math proficiency: 23% ▼ -31.00%
• Reading proficiency: 50% ▼ -5.00%
• Median HH income: $52,974
• Composite: 31.77/100
• National rank: #5892
• State rank: #34 of 129 in AL

Livability — Prattville

• Score: 76/100
• State rank: #11
• US rank: #3273

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prattville, AL
• County: Autauga County · 50,925 people
• City population: 50,925
• Metro: Montgomery, AL
• Population (ZIP): 22,632
• Household income: $86,278
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 683.0

Population outlook (Autauga County) Hauer SSP2

• Today (2025): 55,958 people
• By 2030: 55,810 · -0.3%
• By 2040: 54,892 · -1.9%
• By 2050: 53,062 · -5.2%
• By 2075: 49,425 · -11.7%
• By 2100: 45,110 · -19.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 5% Hispanic / Latino 4% Asian 2%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Spanish 3% Other Asian/Pacific 1% Tagalog/Filipino 1%

Political lean MEDSL · Autauga

• 2024 margin: Solid R (+46.3) · D 26.4% · R 72.7%
• 2008→2024 swing: +1.6pp toward D · 2008: -47.8pp · 2024: -46.3pp
• All cycles: 2024: R+46.3 2020: R+44.4 2016: R+49.5 2012: R+46.0 2008: R+47.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.80%
• Current HPI: 198.2636
• Rent YoY: ▲ 2.86%
• Metro: Montgomery, AL
• 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

3 events — show timeline

• 2026-05-14 Pending — MAAR
• 2026-05-01 Contingent — MAAR
• 2026-04-29 Listed $179,900 MAAR

Property tax history

+4.6%/yr

Latest (2025): $949 · +7.0% YoY. Source: county tax records.