11566 Wall Triana Hwy · Ardmore, AL 35739

$268,950

3 bd · 1.0 ba · 1,520 sqft · SingleFamily public records · 344 Days on market

Built 1993 0.64 ac lot $177/sqft · 15% above area Est $289k · 7% 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).

• ARV discount +10.6/15.0
• Appreciation +10.0/10.0
• Cash flow +7.1/30.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.3/10.0
• 1% rule +0.8/10.0

Listing remarks MLS

Sparkman High School district!! This beautifully renovated 3 bed, 2 bath home sits on almost 2/3 acre! You’re going to love the large living area with fireplace! Kitchen features granite, eat-in area, and newer appliances. Bathrooms have been updated with newer vanities and lighting. The home’s flooring and paint have both been redone recently as well. The 2 car garage features built-ins, workbench, opener, and 220 electrical! And you can enjoy the sunset and large, tree-lined backyard from your deck right off the sunroom!

Key facts

• Large living area
• Newer vanities
• Newer appliances

Tags

• LARGE LIVING AREA
• FIREPLACE
• GRANITE
• NEWER APPLIANCES
• UPDATED BATHROOMS
• NEWER VANITIES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $269k.

Deal economics

• At list price, monthly cash flow is $-378 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $202k (24.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $156k (42.0% below list).
• Recommended offer: $156k (42.0% below list) — sets the bar for 1% rule.
• Cap rate 4.6% vs local median 3.7% in Ardmore — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 65/100 on livability (#120 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, employment 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: Madison Cross Roads Elementary School (math 14% / reading 48%, grade F, #360 of 627 statewide, top 58%, 1,035 students, 59% FRL); Sparkman Middle School (math 18% / reading 53%, grade F, #81 of 257 statewide, top 33%, 859 students, 60% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL) — zoned schools average 52% FRL vs 29% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 47 active listings in the ZIP; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 344 days — a 12% lower offer ($237k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 13y ago; this cycle's ask has dropped $16k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $95k; list at $269k implies a 182% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $156,044 (42.0% 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 344 days. Have you received any prior offers? Is the seller open to a 42% concession, seller financing, or rate buy-down credit?
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. 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?
6. 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?
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: 0.58% ✗
• Cap rate: 4.60%
• Cash-on-cash: -6.03%
• DSCR: 0.73
• GRM: 14.4

CMA / ARV

• ARV (median comp): $288,552
• List price: $268,950
• Delta: -6.79%
• Verdict: FAIR
• Comps: 6 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.0%
• Equity multiple: 2.62×
• Total profit: $122,254
• Equity at exit: $242,291

10-year hold

• IRR: 18.3%
• Equity multiple: 6.03×
• Total profit: $378,710
• Equity at exit: $522,511

Cash invested: $75,306 (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 35739

• Home prices YoY: 3.6%
• Active inventory: 47
• Price-to-rent: 14.4×

Monthly cashflow live

• Estimated rent: $1,560 medium
• Mortgage (P&I): −$1,410
• Tax from tax record: −$89 /mo · $1,063/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $-378

Break-even live

Break-even rent $2,039

Max offer price $202,120

Occupancy floor —

Sensitivity live

Price	-10% $-226	-5% $-302	+0% $-378	+5% $-454	+10% $-531
Rent	-10% $-502	-5% $-440	+0% $-378	+5% $-317	+10% $-255
Rate	-1.0pp $-243	-0.5pp $-310	base $-378	+0.5pp $-448	+1.0pp $-519

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: $67,238
• Closing costs: $8,068
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-22
   days on market $268,950 Active 344 DOM
2. 2026-06-18
   days on market $268,950 Active 341 DOM
3. 2026-06-17
   days on market $268,950 Active 340 DOM
4. 2026-06-16
   days on market $268,950 Active 339 DOM
5. 2026-06-15
   days on market $268,950 Active 338 DOM
6. 2026-06-14
   days on market $268,950 Active 336 DOM
7. 2026-06-10
   days on market $268,950 Active 333 DOM
8. 2026-06-09
   days on market $268,950 Active 332 DOM
9. 2026-06-08
   days on market $268,950 Active 331 DOM
10. 2026-06-07
    days on market $268,950 Active 330 DOM
11. 2026-06-02
    days on market $268,950 Active 325 DOM
12. 2026-06-01
    days on market $268,950 Active 324 DOM
13. 2026-05-31
    days on market $268,950 Active 323 DOM
14. 2026-05-30
    days on market $268,950 Active 322 DOM
15. 2026-04-07
    price $268,950 541-char remark

    Show marketing remark (541 chars)

    Sparkman High School district!! This beautifully renovated 3 bed, 2 bath home sits on almost 2/3 acre! You’re going to love the large living area with fireplace! Kitchen features granite, eat-in area, and newer appliances. Bathrooms have been updated with newer vanities and lighting. The home’s flooring and paint have both been redone recently as well. The 2 car garage features built-ins, workbench, opener, and 220 electrical! And you can enjoy the sunset and large, tree-lined backyard from your deck right off the sunroom!

16. 2025-08-22
    price $275,000 541-char remark

    Show marketing remark (541 chars)

    Sparkman High School district!! This beautifully renovated 3 bed, 2 bath home sits on almost 2/3 acre! You’re going to love the large living area with fireplace! Kitchen features granite, eat-in area, and newer appliances. Bathrooms have been updated with newer vanities and lighting. The home’s flooring and paint have both been redone recently as well. The 2 car garage features built-ins, workbench, opener, and 220 electrical! And you can enjoy the sunset and large, tree-lined backyard from your deck right off the sunroom!

17. 2025-07-12
    listed $285,000 Active 541-char remark

    Show marketing remark (541 chars)

    Sparkman High School district!! This beautifully renovated 3 bed, 2 bath home sits on almost 2/3 acre! You’re going to love the large living area with fireplace! Kitchen features granite, eat-in area, and newer appliances. Bathrooms have been updated with newer vanities and lighting. The home’s flooring and paint have both been redone recently as well. The 2 car garage features built-ins, workbench, opener, and 220 electrical! And you can enjoy the sunset and large, tree-lined backyard from your deck right off the sunroom!

18. 2018-11-30
    soldstatus $95,279
19. 2013-11-06
    soldstatus $51,000 353-char remark

    Show marketing remark (353 chars)

    COME LOOK AT THIS WONDERFULLY LOCATED PROPERTY THAT HAS THREE BEDROOM, TWO BATH AND TWO CAR GARAGE ON NICE SIZED LOT IN A COUNTRY SETTING. ENJOY YOURSELF ON THE WIDE FRONT PORCH OR PERHAPS SIT DURING THE EVENING IN PRIVACY ON YOUR OWN REAR DECK. THE 156 X 200 LOT PROVIDES AMPLE SPACE FOR GATHERINGS AND PARTIES. TAKE A LOOK AT THIS COUNTRY DREAM TODAY!

20. 2013-06-17
    listed $52,500 353-char remark

    Show marketing remark (353 chars)

    COME LOOK AT THIS WONDERFULLY LOCATED PROPERTY THAT HAS THREE BEDROOM, TWO BATH AND TWO CAR GARAGE ON NICE SIZED LOT IN A COUNTRY SETTING. ENJOY YOURSELF ON THE WIDE FRONT PORCH OR PERHAPS SIT DURING THE EVENING IN PRIVACY ON YOUR OWN REAR DECK. THE 156 X 200 LOT PROVIDES AMPLE SPACE FOR GATHERINGS AND PARTIES. TAKE A LOOK AT THIS COUNTRY DREAM TODAY!

ⓘ 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: $1,063 · $89/mo
• Projected year-2 tax: $1,103 · $92/mo
• Expected delta: +$40/yr (+$3/mo · 3.7%)

ⓘ 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 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,725
• − Mortgage interest: −$15,065
• − Property taxes: −$1,063
• − Insurance: −$1,345
• − Repairs & maintenance: −$1,498
• − Management: −$1,498
• − Depreciation: −$7,824
• Taxable loss: −$9,568
• Est. tax savings @ 24.0%: +$2,296
• After-tax cash flow: $-2,243/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 — Ardmore

• Score: 65/100
• State rank: #120
• US rank: #12595

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

• Population (ZIP): 5,056

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 White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 7% Two or more races 5% Black 5%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 5% Serbian 2% Iranian 1%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 98% English-only · Spanish 2%

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: ▲ 11.94%
• Current HPI: 342.3628
• 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

+412.3% since first listed

6 events — show timeline

• 2026-04-07 Price Changed $268,950 VMLS
• 2025-08-22 Price Changed $275,000 VMLS
• 2025-07-12 Listed $285,000 VMLS
• 2018-11-30 Sold (Public Records) $95,279 Public Records
• 2013-11-06 Sold (MLS) $51,000 VMLS
• 2013-06-17 Listed $52,500 VMLS

Property tax history

+3.1%/yr

Latest (2024): $1,063 · +0.0% YoY. Source: county tax records.