3210 Colburn Mountain Rd · Littleville, AL 35674

$61,300

3 bd · 1.0 ba · 1,407 sqft · SingleFamily public records · 39 Days on market

Built 1994 0.46 ac lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Investore special!!! Property sold "As Is"

Key facts

• 0.46 acre lot
• Built 1994
• Listed 38 days

Property features AI

Exterior

• Utilities: Septic tank sewer
• Home design: Single-family residence; Residential property
• Construction: Above-grade finished area about 1,437
• Exterior features: Frontage approximately 129.21'; Lot roughly 0.46 acres; Irregular lot dimensions (129.21 x 137.94)

Interior

• Bedrooms: One main-level bedroom
• Bathrooms: One three-quarter bathroom
• Interior features: 6 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $61k.

Deal economics

• At list price, monthly cash flow is $532 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $61k).
• Recommended offer: $59k (3.0% below list) — sets the bar for market timing.
• Cap rate 16.7% vs local median 3.5% in Littleville — 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 (#122 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Colbert County (rural): math 13% / reading 38% proficiency, ranked #90 of 129 in AL (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Colbert Heights Elementary School (math 24% / reading 49%, grade F, #281 of 627 statewide, top 45%, 473 students, 50% FRL); Colbert Heights High School (math 17% / reading 34%, grade F, #111 of 305 statewide, top 37%, 484 students, 40% FRL).
• Market conditions: 220 active listings in the ZIP; 91 units permitted in Colbert County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $424 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Colbert County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $8k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $59,461 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.97% ✓
• Cap rate: 16.71%
• Cash-on-cash: 37.22%
• DSCR: 2.66
• GRM: 4.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 33.2%
• Equity multiple: 2.40×
• Total profit: $23,993
• Equity at exit: $9,140

10-year hold

• IRR: 40.1%
• Equity multiple: 4.77×
• Total profit: $64,629
• Equity at exit: $5,300

Cash invested: $17,164 (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 35674

• Home prices YoY: -28.4%
• Active inventory: 220
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,210 medium
• Mortgage (P&I): −$321
• Tax est. 1.5%: −$77 /mo · $920/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $532

Break-even live

Break-even rent $536

Max offer price $61,300

Occupancy floor 51%

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: $15,325
• Closing costs: $1,839
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-19
   days on market $61,300 Active 39 DOM
2. 2026-06-18
   days on market $61,300 Active 38 DOM
3. 2026-06-17
   days on market $61,300 Active 37 DOM
4. 2026-06-16
   days on market $61,300 Active 36 DOM
5. 2026-06-15
   days on market $61,300 Active 35 DOM
6. 2026-06-14
   days on market $61,300 Active 33 DOM
7. 2026-06-13
   days on market $61,300 Active 32 DOM
8. 2026-06-10
   pricedays on market $61,300 Active 30 DOM
9. 2026-06-09
   days on market $68,800 Active 29 DOM
10. 2026-06-08
    days on market $68,800 Active 28 DOM
11. 2026-06-07
    days on market $68,800 Active 27 DOM
12. 2026-06-05
    days on market $68,800 Active 24 DOM
13. 2026-06-03
    days on market $68,800 Active 23 DOM
14. 2026-06-02
    days on market $68,800 Active 22 DOM
15. 2026-06-01
    days on market $68,800 Active 21 DOM
16. 2026-05-31
    days on market $68,800 Active 20 DOM
17. 2026-05-30
    days on market $68,800 Active 19 DOM
18. 2026-05-11
    listed $68,800 Active 52-char remark
19. 2026-04-16
    price $68,800
20. 2026-02-09
    price $74,900
21. 2026-02-09
    listed $74,900,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% 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: $14,522
• − Mortgage interest: −$3,434
• − Property taxes: −$920
• − Insurance: −$306
• − Repairs & maintenance: −$1,162
• − Management: −$1,162
• − Depreciation: −$1,783
• Taxable income: $5,755
• Est. tax owed @ 24.0%: −$1,381
• After-tax cash flow: $5,007/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: Colbert County
• NCES district ID: 0100840
• Math proficiency: 13% ▼ -24.00%
• Reading proficiency: 38% ▬ 0.00%
• Median HH income: $40,710
• Composite: 21.48/100
• National rank: #8328
• State rank: #90 of 129 in AL

Livability — Littleville

• Score: 65/100
• State rank: #122
• US rank: #12858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Colbert County · 20,176 people
• Metro: Florence-Muscle Shoals, AL
• Population (ZIP): 20,176
• Household income: $64,706
• Rent vs Own: 25.3% rent · 74.7% own
• Severe rent burden: 372.0

Population outlook (Colbert County) Hauer SSP2

• Today (2025): 54,154 people
• By 2030: 53,746 · -0.8%
• By 2040: 52,431 · -3.2%
• By 2050: 50,303 · -7.1%
• By 2075: 44,789 · -17.3%
• By 2100: 36,676 · -32.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 11% Hispanic / Latino 4% Two or more races 4%
• Common ancestry: Slovak 2% Italian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Colbert

• 2024 margin: Solid R (+46.4) · D 26.4% · R 72.8%
• 2008→2024 swing: -26.2pp toward R · 2008: -20.3pp · 2024: -46.4pp
• All cycles: 2024: R+46.4 2020: R+38.9 2016: R+38.3 2012: R+20.4 2008: R+20.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.06%
• Current HPI: 171.9693
• Rent YoY: —
• Metro: Florence-Muscle Shoals, 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

-99.9% since first listed

5 events — show timeline

• 2026-06-10 Price Changed $61,300 SAARMLS
• 2026-05-11 Listed $68,800 SAARMLS
• 2026-04-16 Price Changed $68,800 SAARMLS
• 2026-02-09 Price Changed $74,900 SAARMLS
• 2026-02-09 Listed $74,900,000 SAARMLS