310 N Oxford Cir · Meridianville, AL 35759

$239,000

3 bd · 1.0 ba · 1,489 sqft · SingleFamily public records · 73 Days on market

Built 1986 0.48 ac lot $161/sqft · 10% below area Est $252k · 5% under

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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 +14.5/30.0
• ARV discount +9.8/15.0
• DSCR +4.4/10.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• 1% rule +2.7/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

Key facts

• Brick house
• Walk-in closet
• Ensuite bath

Tags

• BRICK HOUSE
• LVP FLOORING
• WALK-IN CLOSET
• ENSUITE BATH
• STAINLESS STEEL APPLIANCES
• TILE BACKSPLASH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $52 ($621/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 $184k (22.8% below list).
• Recommended offer: $184k (22.8% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 3.6% in Meridianville — 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 (#118 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, health & safety F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lynn Fanning Elementary School (math 27% / reading 57%, grade F, #213 of 627 statewide, top 37%, 772 students, 39% FRL); Moores Mill Intermediate School (math 42% / reading 66%, grade B-, #20 of 257 statewide, top 8%, 840 students, 46% FRL); Hazel Green High School (math 23% / reading 31%, grade F, #90 of 305 statewide, top 35%, 1,348 students, 42% FRL).
• Market conditions: Rents flat; 504 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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

• It's been on market 73 days — a 6% lower offer ($225k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y 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.
• Current owner paid $138k; list at $239k implies a 73% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $184,439 (22.8% below list)

Questions for the listing agent

1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.77% ✗
• Cap rate: 6.55%
• Cash-on-cash: 0.93%
• DSCR: 1.04
• GRM: 10.8

CMA / ARV

• ARV (median comp): $251,692
• List price: $239,000
• Delta: -5.04%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 S Oxford Cir	0.15mi	3/2.0	1,580 (+6%)	8mo	$250,000	$158	72
102 Oxford Dr	0.12mi	3/2.0	1,290 (-13%)	1mo	$245,000	$190	67
118 Fuller Dr	0.49mi	3/2.0	1,484 (-0%)	9mo	$234,900	$158	66
121 Meadow Land Dr	0.58mi	3/2.0	1,460 (-2%)	1mo	$249,900	$171	65
122 Fuller Dr	0.50mi	3/2.0	1,484 (-0%)	9mo	$234,900	$158	65
124 Fuller Dr	0.49mi	3/2.0	1,620 (+9%)	9mo	$254,500	$157	51
116 Fuller Dr	0.53mi	3/2.0	1,620 (+9%)	11mo	$244,900	$151	48
126 Fuller Dr	0.47mi	3/2.0	1,299 (-13%)	9mo	$224,900	$173	45
143 Bellevue Dr	0.40mi	3/2.0	1,687 (+13%)	13mo	$230,000	$136	44
124 Yuma Dr	0.63mi	3/2.0	1,602 (+8%)	13mo	$275,500	$172	43
120 Fuller Dr	0.51mi	3/2.0	1,299 (-13%)	10mo	$218,900	$169	43
375 Northlake Dr	0.72mi	3/2.0	1,318 (-12%)	11mo	$265,000	$201	34

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 · 0.55% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.40×
• Total profit: $-39,993
• Equity at exit: $35,636

10-year hold

• IRR: -13.8%
• Equity multiple: 0.28×
• Total profit: $-48,421
• Equity at exit: $20,664

Cash invested: $66,920 (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 35759

• Home prices YoY: -6.1%
• Rents YoY: 0.6%
• Active inventory: 504
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,844 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$52 /mo · $628/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $52

Break-even live

Break-even rent $1,779

Max offer price $239,000

Occupancy floor 92%

Sensitivity live

Price	-10% $187	-5% $119	+0% $52	+5% $-16	+10% $-84
Rent	-10% $-94	-5% $-21	+0% $52	+5% $125	+10% $197
Rate	-1.0pp $172	-0.5pp $113	base $52	+0.5pp $-10	+1.0pp $-73

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
122 Fargo Dr Meridianville, AL	3.0	2.0	1731	$1,750	$1.01	45d	1	0.49mi
112 Becky Ln Meridianville, AL	4.0	2.5	1585	$1,656	$1.04	25d	1	0.82mi
121 Balboa Rd Meridianville, AL	4.0	2.0	1863	$1,800	$0.97	45d	1	0.89mi
126 Claybill Dr Unit B Meridianville, AL	2.0	2.0	1100	$1,000	$0.91	15d	1	1.00mi
217 Buddy Tate Ln Meridianville, AL	2.0	2.0	1800	$2,400	$1.33	45d	1	1.05mi
104 Shaverlee Ct Meridianville, AL	3.0	2.0	1590	$1,650	$1.04	45d	1	1.10mi
109 Cottondale Rd Toney, AL	3.0	2.0	1280	$1,101	$0.86	45d	1	1.39mi

Listing history 23 events

1. 2026-06-22
   days on market $239,000 Active 73 DOM
2. 2026-06-18
   days on market $239,000 Active 70 DOM
3. 2026-06-17
   days on market $239,000 Active 69 DOM
4. 2026-06-16
   days on market $239,000 Active 68 DOM
5. 2026-06-15
   days on market $239,000 Active 67 DOM
6. 2026-06-14
   days on market $239,000 Active 65 DOM
7. 2026-06-10
   days on market $239,000 Active 62 DOM
8. 2026-06-09
   days on market $239,000 Active 61 DOM
9. 2026-06-08
   days on market $239,000 Active 60 DOM
10. 2026-06-07
    statusdays on market $239,000 Active 59 DOM
11. 2026-06-02
    days on market $239,000 Active Under Contract 54 DOM
12. 2026-06-01
    days on market $239,000 Active Under Contract 53 DOM
13. 2026-05-31
    days on market $239,000 Active Under Contract 52 DOM
14. 2026-05-30
    days on market $239,000 Active Under Contract 51 DOM
15. 2026-05-11
    historical Active Under Contract 692-char remark

    Show marketing remark (696 chars)

    Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

16. 2026-05-11
    historical Contingent 696-char remark

    Show marketing remark (696 chars)

    Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

17. 2026-05-06
    price $239,000 692-char remark

    Show marketing remark (696 chars)

    Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

18. 2026-05-06
    price $239,000 696-char remark

    Show marketing remark (696 chars)

    Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

19. 2026-04-09
    listed $249,000 Active 692-char remark

    Show marketing remark (692 chars)

    Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

20. 2026-04-08
    listed $249,000 Active 696-char remark

    Show marketing remark (696 chars)

    Full brick 3BR/2BA 1407sf house on +/- .48 acres in Madison County neighborhood. Convenient to Huntsville, Redstone Arsenal, I-565 and Fayetteville. LVP flooring and paint have been recently updated, and blinds are throughout. The primary bedroom has LVP flooring, a walk-in closet and ensuite bath. The kitchen has a pantry, stainless steel appliances and tile backsplash and flooring. The dining room has tile flooring and large windows for natural lighting. The living room has a vaulted ceiling and gas log fireplace. The additional two bedrooms have LVP flooring and easy access to another full bath. The screened patio and fenced back yard create an excellent shaded area for warm days!

21. 2018-12-28
    soldstatus $138,500
22. 2018-12-28
    soldstatus $138,500
23. 2018-08-22
    listed $146,000

ⓘ 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: $628 · $52/mo
• Projected year-2 tax: $980 · $82/mo
• Expected delta: +$351/yr (+$29/mo · 55.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,133
• − Mortgage interest: −$13,388
• − Property taxes: −$628
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,771
• − Management: −$1,771
• − Depreciation: −$6,953
• Taxable loss: −$3,572
• Est. tax savings @ 24.0%: +$857
• After-tax cash flow: $1,479/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: Madison County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — Meridianville

• Score: 65/100
• State rank: #118
• US rank: #12516

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Meridianville, AL
• County: Madison County · 380,832 people
• City population: 14,103
• Metro: Huntsville, AL
• Population (ZIP): 14,103
• Household income: $102,880
• Rent vs Own: 9.3% rent · 90.7% own
• Severe rent burden: 148.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 61% Black 23% Two or more races 8% Hispanic / Latino 4% Native American 3% Asian 2%
• Common ancestry: Italian 2% Lithuanian 2% Portuguese 2%
• Foreign-born: 6% · Canada
• Languages at home: 94% English-only · Spanish 3% Tagalog/Filipino 1% German/W. Germanic 1%

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: ▼ -18.37%
• Current HPI: 282.7104
• Rent YoY: ▲ 0.55%
• 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

+63.7% since first listed

9 events — show timeline

• 2026-05-11 Contingent — REALTRACS as Distributed by MLS Grid
• 2026-05-11 Contingent — VMLS
• 2026-05-06 Price Changed $239,000 REALTRACS as Distributed by MLS Grid
• 2026-05-06 Price Changed $239,000 VMLS
• 2026-04-09 Listed $249,000 REALTRACS as Distributed by MLS Grid
• 2026-04-08 Listed $249,000 VMLS
• 2018-12-28 Sold (Public Records) $138,500 Public Records
• 2018-12-28 Sold (MLS) $138,500 VMLS
• 2018-08-22 Listed $146,000 VMLS

Property tax history

+8.6%/yr

Latest (2024): $628 · +4.6% YoY. Source: county tax records.