2808 6th Ave SW · Huntsville, AL 35810

$147,000

3 bd · 1.0 ba · 1,025 sqft · SingleFamily public records · 3 Days on market

Built 2011 7,500 sqft lot Est $128k · 15% over

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Why this score? — see what drove the D+ 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 +23.0/30.0
• DSCR +7.4/10.0
• 1% rule +5.1/10.0
• Livability +4.1/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.9/15.0
• Appreciation +0.0/10.0

Listing remarks

Charming 3-bedroom, 1-bath frame ranch home offering approximately 1,055 sq ft of comfortable living space. Features include a durable dimensional shingle roof, spacious eat-in kitchen with tile flooring, plenty of cabinet storage, and a functional layout perfect for everyday living. The fenced backyard with chain-link fencing provides great space for pets, play, or outdoor entertaining. A great opportunity for first-time buyers, downsizers, or investors alike.

Key facts

• Eat-in kitchen
• Tile flooring
• Fenced backyard

Tags

• DIMENSIONAL SHINGLE ROOF
• EAT-IN KITCHEN
• TILE FLOORING
• PLENTY OF CABINET STORAGE
• FENCED BACKYARD

Property features AI

Finance

• Other: Directions: From Memorial Pkwy, west on Governors Dr., left on 3rd St., right on 6th Ave.
• HOA & community: No homeowners association; Subdivision: West Huntsville

Exterior

• Parking: Gravel driveway
• Utilities: Public sewer
• Home design: Single-family residence; One level; Built in 2011; Residential property
• Construction: No fireplaces
• Exterior features: 50 x 150 lot; Public water

Interior

• Kitchen: Range
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: Crawl space basement; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $147k.

Deal economics

• At list price, monthly cash flow is $261 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $147k).
• Cap rate 8.4% vs local median 3.8% in Huntsville — 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 82/100 on livability (#3 in AL, #1,082 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Huntsville City (urban): math 21% / reading 46% proficiency, ranked #48 of 129 in AL (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Morris Elementary School (math 5% / reading 31%, grade F, #481 of 627 statewide, top 77%, 515 students, 90% FRL); Columbia High School (math 12% / reading 17%, grade F, #220 of 305 statewide, top 77%, 954 students, 50% FRL) — zoned schools average 70% FRL vs 46% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 16% at this address vs 34% district-wide (-17 pts) — the specific schools serving this property underperform the Huntsville City average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.1%/yr); 337 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent runs 35% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $147,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 1.01% ✓
• Cap rate: 8.42%
• Cash-on-cash: 7.60%
• DSCR: 1.34
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $128,125
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3012 7th Ave SW	0.21mi	3/1.0	1,132 (+10%)	1mo	$88,000	$78	72
2910 SW 7th Ave	0.12mi	3/1.0	1,125 (+10%)	11mo	$165,000	$147	69
2523 SW Roland Rd	0.50mi	3/1.0	1,085 (+6%)	8mo	$139,000	$128	60
702 9th St	0.72mi	3/1.0	1,054 (+3%)	8mo	$175,000	$166	55
1926 Vanderbilt Cir	0.75mi	3/1.0	1,060 (+3%)	6mo	$215,000	$203	54
302 Lowry St NW	0.39mi	3/2.0	928 (-10%)	15mo	$149,900	$162	50
612 Marguerite Dr NW	0.75mi	3/1.0	1,040 (+2%)	17mo	$130,000	$125	48
3405 7th Ave SW	0.52mi	2/1.0 (-1)	1,125 (+10%)	8mo	$95,000	$84	48
3503 7th Ave	0.59mi	2/1.0 (-1)	1,149 (+12%)	7mo	$133,100	$116	41
3513 7th Ave	0.64mi	2/1.0 (-1)	888 (-13%)	16mo	$80,000	$90	30
3515 7th Ave	0.65mi	3/1.0	1,169 (+14%)	21mo	$100,000	$86	28

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.72×
• Total profit: $-11,594
• Equity at exit: $21,918

10-year hold

• IRR: -2.3%
• Equity multiple: 0.86×
• Total profit: $-5,655
• Equity at exit: $12,710

Cash invested: $41,160 (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 35810

• Home prices YoY: -23.5%
• Rents YoY: -0.1%
• Active inventory: 337
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,481 high
• Mortgage (P&I): −$771
• Tax from tax record: −$77 /mo · $922/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$311
• Net cashflow: $261

Break-even live

Break-even rent $1,151

Max offer price $147,000

Occupancy floor 77%

Sensitivity live

Price	-10% $344	-5% $302	+0% $261	+5% $219	+10% $178
Rent	-10% $144	-5% $202	+0% $261	+5% $319	+10% $378
Rate	-1.0pp $335	-0.5pp $298	base $261	+0.5pp $223	+1.0pp $184

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: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2708 7th Ave SW Unit D Huntsville, AL	2.0	1.0	1000	$950	$0.95	44d	1	0.12mi
2714 9th Ave SW Huntsville, AL	3.0	2.0	1300	$1,500	$1.15	44d	1	0.23mi
2700 9th Ave SW Huntsville, AL	3.0	2.0	1469	$1,495	$1.02	44d	1	0.26mi
2500 9th Ave SW Huntsville, AL	2.0	1.0–2.0	841	$1,623	$1.93	14d	12	0.36mi
2400 1st St SW Huntsville, AL	2.0–3.0	1.5–2.0	1067	$1,300	$1.22	44d	2	0.42mi
2900 4th Ave NW Huntsville, AL	2.0	1.0–2.0	765	$1,804	$2.36	14d	81	0.43mi
2610 Mirabeau Dr Huntsville, AL	2.0	1.0	715	$999	$1.40	21d	13	0.62mi
3605 6th Ave SW Huntsville, AL	2.0	1.5	1338	$2,000	$1.49	44d	1	0.66mi
609 10th St NW Huntsville, AL	4.0	2.0	1140	$1,650	$1.45	24d	1	0.70mi
2321 Bob Wallace Ave SW Huntsville, AL	2.0	1.0	700	$1,350	$1.93	44d	1	0.70mi
740 Constellation Place Dr SW Huntsville, AL	3.0	1.0–2.0	1045	$2,199	$2.10	14d	25	0.70mi
612 Marguerite Dr NW Huntsville, AL	3.0	1.0	1040	$1,400	$1.35	44d	1	0.74mi
2999 Woodway Dr SW Huntsville, AL	1.0–2.0	1.0	676	$915	$1.35	14d	1	0.74mi
3700 Governors Dr SW Huntsville, AL	3.0	1.0–2.0	1547	$2,588	$1.67	14d	58	0.75mi
1906 Vanderbilt Cir SW Huntsville, AL	3.0	1.0	1045	$1,595	$1.53	44d	1	0.75mi
804 Appleby St NW Huntsville, AL	2.0	2.0	1170	$1,295	$1.11	14d	1	0.77mi
2211 Pizitz Dr SW Huntsville, AL	2.0	1.0	850	$1,295	$1.52	44d	1	0.80mi
3801 6th Ave SW Huntsville, AL	2.0	2.0	953	$1,325	$1.39	24d	2	0.84mi
3016 Holmes Ave NW Huntsville, AL	3.0	1.0	1092	$1,275	$1.17	24d	1	0.84mi
2700 Union Dr NW Huntsville, AL	3.0	2.0	1340	$1,450	$1.08	21d	1	0.86mi
2006 Stanford Dr SW Huntsville, AL	3.0	2.0	1276	$1,995	$1.56	44d	1	0.87mi
600 Clinton Ave W Huntsville, AL	3.0	1.0–2.0	1034	$3,645	$3.52	24d	168	0.90mi
805 Monroe St SW Huntsville, AL	2.0	1.0–2.0	928	$2,865	$3.09	14d	183	0.90mi
905 Fairway Dr NW Huntsville, AL	2.0	1.0	1000	$995	$0.99	44d	1	0.95mi
417 Holmes Ave NW Unit B Huntsville, AL	2.0	1.0	850	$1,150	$1.35	24d	1	0.96mi
2028 Princeton Blvd SW Huntsville, AL	2.0	1.0	1289	$1,495	$1.16	14d	1	0.96mi
3912 Pine Ave SW Huntsville, AL	3.0	1.0	1350	$1,450	$1.07	24d	1	0.98mi
521 Davis Cir SW Huntsville, AL	3.0	1.0–3.0	1030	$2,890	$2.80	14d	182	0.99mi
3208 Clopton St SW Huntsville, AL	2.0	1.0	812	$960	$1.18	21d	1	1.00mi
3210 Clopton St SW Huntsville, AL	2.0	1.0	812	$960	$1.18	14d	1	1.01mi
401 Williams Ave SW Huntsville, AL	2.0	1.0–2.0	911	$2,278	$2.50	21d	36	1.01mi
4013 9th Ave SW Huntsville, AL	2.0	1.0	1060	$1,098	$1.04	44d	1	1.07mi
3206 Brook Manor Ave NW Huntsville, AL	2.0	1.0	1156	$1,100	$0.95	14d	1	1.11mi
700 Dorothy Ford Ln SW Huntsville, AL	1.0–2.0	1.0–2.0	929	$2,025	$2.18	14d	21	1.12mi
4112 17th St SW Unit C Huntsville, AL	2.0	2.0	750	$1,095	$1.46	44d	1	1.18mi
3615 N Crestview Dr NW Unit 2 Huntsville, AL	2.0	1.5	920	$795	$0.86	24d	1	1.23mi
3636 Chasewood Dr SW Huntsville, AL	1.0–2.0	1.0	665	$920	$1.38	44d	1	1.25mi
3621 N Crestview Dr NW Unit 2 Huntsville, AL	2.0	1.5	900	$895	$0.99	44d	1	1.27mi
3205 Hillandale Rd NW Huntsville, AL	2.0	1.0	1100	$1,200	$1.09	44d	1	1.27mi
201 Jefferson St NW Huntsville, AL	1.0–3.0	1.0–2.5	1287	$3,419	$2.66	14d	13	1.27mi

Listing history 4 events

1. 2026-06-07
   statusdays on market $147,000 Pending 3 DOM
2. 2026-06-03
   days on market $147,000 Active 2 DOM
3. 2026-06-01
   remarks 465-char remark
4. 2026-06-01
   listed $147,000 Active 1 DOM

ⓘ 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: $922 · $77/mo
• Projected year-2 tax: $922 · $77/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 6/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% 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: $17,769
• − Mortgage interest: −$8,234
• − Property taxes: −$922
• − Insurance: −$735
• − Repairs & maintenance: −$1,421
• − Management: −$1,421
• − Depreciation: −$4,276
• Taxable income: $758
• Est. tax owed @ 24.0%: −$182
• After-tax cash flow: $2,947/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: Huntsville City
• NCES district ID: 0101800
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $48,264
• Composite: 28.84/100
• National rank: #6647
• State rank: #48 of 129 in AL

Livability — Huntsville

• Score: 82/100
• State rank: #3
• US rank: #1082

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntsville, AL
• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 32,843
• Household income: $51,233
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 1223.0

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (69%)
• Race & ethnicity: Black 69% White 18% Hispanic / Latino 9% Two or more races 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Dominican 2%
• Common ancestry: Italian 2% Lithuanian 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -61.00%
• Current HPI: 198.9629
• Rent YoY: ▬ -0.05%
• Metro: Huntsville, 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

-91.8% since first listed

3 events — show timeline

• 2026-06-01 Listed $147,000 VMLS
• 2021-03-10 Sold (Public Records) $2,541,682 Public Records
• 2018-12-31 Sold (Public Records) $1,787,100 Public Records

Property tax history

+9.0%/yr

Latest (2024): $922 · +32.1% YoY. Source: county tax records.