191 Derrick Dr · Guntersville, AL 35976

$149,999

3 bd · 2.0 ba · 2,044 sqft · SingleFamily public records · 45 Days on market

Built 1950 0.92 ac lot $73/sqft · 49% below area Est $295k · 49% under ↓ 17% since listing

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Why this score? — see what drove the B 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 +29.5/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.6/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Great investment opportunity in a quiet, tucked-away neighborhood! This property includes a spacious home situated on Lot 10, plus an additional buildable lot (Lot 11). Offering a combined total of approximately 0.92 acres. The home features a redone kitchen, sunroom, and storage sheds, along with a comfortable layout and solid square footage. Making it an ideal flip, rental, or primary residence. The extra lot provides excellent potential for future construction or added value, giving buyers flexibility and upside. Whether you're an investor or looking for room to grow, this property offers a unique opportunity with multiple possibilities!

Key facts

• Buildable lot
• Sunroom
• Redone kitchen

Tags

• BUILDABLE LOT
• REDONE KITCHEN
• SUNROOM
• STORAGE SHEDS

Property features AI

Finance

• Other: Lot size approximately 0.92 acres
• HOA & community: No association; Subdivision: Claysville Hgts

Exterior

• Parking: Attached carport; 2-car carport; Paved asphalt driveway
• Utilities: Electric service; Public water; Septic sewer
• Home design: Single-family residence; One-story; Built in 1950
• Construction: Vinyl siding exterior
• Exterior features: Public water; Septic tank

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Crawl space foundation; 5 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $535 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $145k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.6% vs local median 2.1% in Guntersville — 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 59/100 on livability (#323 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, employment C-, amenities F.
• Marshall County (rural): math 14% / reading 38% proficiency, ranked #86 of 129 in AL (top 67%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Kate D Smith Dar Elementary School (math 27% / reading 52%, grade F, #243 of 627 statewide, top 41%, 585 students, 43% FRL); Kate Duncan Smith Dar Middle (math 13% / reading 54%, grade F, #99 of 257 statewide, top 39%, 364 students, 42% FRL); Kate D Smith Dar High School (math 32% / reading 52%, grade F, #28 of 305 statewide, top 10%, 394 students, 34% FRL) — zoned schools average 39% FRL vs 63% district-wide (24 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 38% at this address vs 26% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Marshall County average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 467 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 163 units permitted in Marshall 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 $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $145,499 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.26% ✓
• Cap rate: 10.57%
• Cash-on-cash: 15.29%
• DSCR: 1.68
• GRM: 6.6

CMA / ARV

• ARV (median comp): $295,164
• List price: $149,999
• Delta: -49.18%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
321 Willow Lake Cir	0.35mi	4/3.0 (+1)	2,148 (+5%)	7mo	$415,000	$193	60
384 Nixon Dr	0.61mi	3/2.5	1,926 (-6%)	1mo	$382,500	$199	59
54 Hembree Dr	0.32mi	3/2.0	2,179 (+7%)	22mo	$349,000	$160	55
85 Bakers Chapel Rd	0.63mi	3/2.0	2,166 (+6%)	10mo	$315,000	$145	52
89 Cattail Ct	0.53mi	4/2.0 (+1)	1,841 (-10%)	3mo	$299,900	$163	51
204 Shellcracker Ln	0.59mi	4/2.0 (+1)	1,841 (-10%)	3mo	$326,374	$177	49
41 Cattail Ct	0.59mi	4/2.0 (+1)	1,841 (-10%)	3mo	$317,894	$173	49
3242 Lakeland Rd	0.57mi	4/2.5 (+1)	1,775 (-13%)	22mo	$269,000	$152	26

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.0%
• Equity multiple: 1.23×
• Total profit: $9,755
• Equity at exit: $22,365

10-year hold

• IRR: 15.4%
• Equity multiple: 2.25×
• Total profit: $52,294
• Equity at exit: $12,969

Cash invested: $42,000 (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 35976

• Home prices YoY: -25.1%
• Active inventory: 467
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,886 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$106 /mo · $1,268/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $535

Break-even live

Break-even rent $1,209

Max offer price $149,999

Occupancy floor 67%

Sensitivity live

Price	-10% $620	-5% $578	+0% $535	+5% $493	+10% $450
Rent	-10% $386	-5% $461	+0% $535	+5% $610	+10% $684
Rate	-1.0pp $611	-0.5pp $573	base $535	+0.5pp $496	+1.0pp $457

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
41 Cattail CT Guntersville, AL	4.0	2.0	1841	$1,886	$1.02	44d	1	0.60mi

Listing history 18 events

1. 2026-06-18
   days on market $149,999 Active 45 DOM
2. 2026-06-18
   price $149,999 Active 44 DOM
3. 2026-06-17
   days on market $179,999 Active 44 DOM
4. 2026-06-16
   days on market $179,999 Active 43 DOM
5. 2026-06-15
   days on market $179,999 Active 42 DOM
6. 2026-06-14
   days on market $179,999 Active 40 DOM
7. 2026-06-13
   days on market $179,999 Active 39 DOM
8. 2026-06-10
   days on market $179,999 Active 37 DOM
9. 2026-06-09
   days on market $179,999 Active 36 DOM
10. 2026-06-08
    days on market $179,999 Active 35 DOM
11. 2026-06-07
    days on market $179,999 Active 34 DOM
12. 2026-06-05
    days on market $179,999 Active 31 DOM
13. 2026-06-03
    days on market $179,999 Active 30 DOM
14. 2026-06-02
    days on market $179,999 Active 29 DOM
15. 2026-06-01
    days on market $179,999 Active 28 DOM
16. 2026-05-31
    days on market $179,999 Active 27 DOM
17. 2026-05-30
    days on market $179,999 Active 26 DOM
18. 2026-05-04
    listed $179,999 Active 651-char remark

ⓘ 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: $1,268 · $106/mo
• Projected year-2 tax: $1,268 · $106/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 6/10 Major 7 d/yr ≥106°F today · 20 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: $22,632
• − Mortgage interest: −$8,402
• − Property taxes: −$1,268
• − Insurance: −$750
• − Repairs & maintenance: −$1,811
• − Management: −$1,811
• − Depreciation: −$4,364
• Taxable income: $4,227
• Est. tax owed @ 24.0%: −$1,014
• After-tax cash flow: $5,407/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: Marshall County
• NCES district ID: 0100006
• Math proficiency: 14% ▼ -26.00%
• Reading proficiency: 38% ▲ 2.00%
• Median HH income: $40,439
• Composite: 21.88/100
• National rank: #8234
• State rank: #86 of 129 in AL

Livability — Guntersville

• Score: 59/100
• State rank: #323
• US rank: #19857

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 16,604
• Population (ZIP): 16,604

Population outlook (Marshall County) Hauer SSP2

• Today (2025): 97,402 people
• By 2030: 98,138 · +0.8%
• By 2040: 98,502 · +1.1%
• By 2050: 97,024 · -0.4%
• By 2075: 89,334 · -8.3%
• By 2100: 74,749 · -23.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Black 6% Two or more races 6% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 2% Serbian 2% Italian 2%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 4% French/Haitian/Cajun 1%

Political lean MEDSL · Marshall

• 2024 margin: Solid R (+71.7) · D 13.8% · R 85.5%
• 2008→2024 swing: -15.4pp toward R · 2008: -56.4pp · 2024: -71.7pp
• All cycles: 2024: R+71.7 2020: R+68.7 2016: R+69.5 2012: R+60.1 2008: R+56.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.75%
• Current HPI: 223.0157
• 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

-16.7% since first listed

2 events — show timeline

• 2026-06-17 Price Changed $149,999 VMLS
• 2026-05-04 Listed $179,999 VMLS

Property tax history

+5.9%/yr

Latest (2025): $1,268 · +7.0% YoY. Source: county tax records.