249 Barton Chapel Rd · Cordova, AL 35550

$54,000

3 bd · 2.0 ba · 1,225 sqft · SingleFamily public records · 26 Days on market

Built 1975 0.38 ac lot $44/sqft · 67% below area ↓ 43% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +6.6/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

Key facts

• 0.38 acre lot
• Listed 26 days

Property features AI

Exterior

• Parking: No designated parking
• Home design: Single family residence; Residential property
• Construction: Built with other construction materials
• Exterior features: Porch; Deck; Rain gutters

Interior

• Kitchen: Dishwasher; Refrigerator; Electric oven
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Dishwasher; Refrigerator; Electric oven; Electric water heater; Central heating; Electric heating; Central air conditioning; Electric cooling; Rain gutters
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $54k.

Deal economics

• At list price, monthly cash flow is $688 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $54k).
• Recommended offer: $53k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 55/100 on livability (#441 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools D-, crime F, amenities F.
• Walker County (rural): math 13% / reading 39% proficiency, ranked #89 of 129 in AL (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 27 active listings in the ZIP; 36 units permitted in Walker County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($373 loan paydown + $2k appreciation (3.2% local appreciation)).
• Walker County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.2% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $17k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate 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 $53,190 (1.5% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 2.49% ✓
• Cap rate: 21.59%
• Cash-on-cash: 54.63%
• DSCR: 3.43
• GRM: 3.3

CMA / ARV

• ARV (median comp): $156,781
• List price: $54,000
• Delta: -65.56%
• Verdict: UNDERPRICED
• Comps: 4 within 2.0 mi

Projected returns pro-forma

3.23% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 59.9%
• Equity multiple: 4.38×
• Total profit: $51,040
• Equity at exit: $24,998

10-year hold

• IRR: 59.3%
• Equity multiple: 8.90×
• Total profit: $119,466
• Equity at exit: $39,092

Cash invested: $15,120 (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 35550

• Home prices YoY: 2.5%
• Active inventory: 27
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,344 medium
• Mortgage (P&I): −$283
• Tax est. 1.5%: −$68 /mo · $810/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $688

Break-even live

Break-even rent $472

Max offer price $54,000

Occupancy floor 44%

Sensitivity live

Price	-10% $726	-5% $707	+0% $688	+5% $670	+10% $651
Rent	-10% $582	-5% $635	+0% $688	+5% $741	+10% $794
Rate	-1.0pp $716	-0.5pp $702	base $688	+0.5pp $674	+1.0pp $660

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: $13,500
• Closing costs: $1,620
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   remarks 689-char remark

   Show marketing remark (699 chars)

   Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

2. 2026-06-18
   statusdays on marketlisting id $54,000 Pending 26 DOM

   Show marketing remark (699 chars)

   Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

3. 2026-06-17
   days on market $54,000 Active 119 DOM
4. 2026-06-16
   days on market $54,000 Active 118 DOM
5. 2026-06-15
   days on market $54,000 Active 117 DOM
6. 2026-06-13
   days on market $54,000 Active 115 DOM
7. 2026-06-13
   days on market $54,000 Active 114 DOM
8. 2026-06-10
   days on market $54,000 Active 112 DOM
9. 2026-06-09
   days on market $54,000 Active 111 DOM
10. 2026-06-08
    days on market $54,000 Active 110 DOM
11. 2026-06-07
    pricedays on market $54,000 Active 109 DOM
12. 2026-06-05
    days on market $71,200 Active 106 DOM

    Show marketing remark (699 chars)

    Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

13. 2026-06-03
    days on market $71,200 Active 105 DOM
14. 2026-06-03
    days on market $71,200 Active 104 DOM
15. 2026-06-01
    days on market $71,200 Active 103 DOM
16. 2026-05-31
    days on market $71,200 Active 102 DOM
17. 2026-05-06
    price $71,200 699-char remark

    Show marketing remark (699 chars)

    Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

18. 2026-04-05
    price $80,100 699-char remark

    Show marketing remark (699 chars)

    Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

19. 2026-02-18
    listed $89,000 Active 699-char remark

    Show marketing remark (699 chars)

    Conveniently located to shopping, schools, and the interstate, this 3-bedroom, 2-full bathroom home has ample-sized rooms and a roomy front and back porch. Inside, the kitchen has lots of cabinets and counter space. Right of redemption may apply. Case 011-981711. Property is Owned by the US Dept. of HUD. Insurability is "IE", Subject to Appraisal. The seller makes no representations or warranties as to the property condition. HUD Homes are sold “As-Is”. Equal Housing Opportunity. The seller may contribute up to 3% for buyer’s closing costs, upon buyer request. Lead-based paint notices to be included in the contract. Contact your agent today to schedule a showing.

20. 2021-10-15
    soldstatus $95,000
21. 2021-10-14
    soldstatus $95,000 162-char remark

    Show marketing remark (162 chars)

    Great location just minutes from I22 and and close to Jasper. This is a 3 bedroom 2 bath with storage building in the back. Inside of homee was remodeled in 2011.

22. 2021-08-09
    listed $95,000 162-char remark

    Show marketing remark (162 chars)

    Great location just minutes from I22 and and close to Jasper. This is a 3 bedroom 2 bath with storage building in the back. Inside of homee was remodeled in 2011.

ⓘ 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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,124
• − Mortgage interest: −$3,025
• − Property taxes: −$810
• − Insurance: −$270
• − Repairs & maintenance: −$1,290
• − Management: −$1,290
• − Depreciation: −$1,571
• Taxable income: $7,869
• Est. tax owed @ 24.0%: −$1,888
• After-tax cash flow: $6,372/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: Walker County
• NCES district ID: 0103450
• Math proficiency: 13% ▼ -28.00%
• Reading proficiency: 39% ▼ -5.00%
• Median HH income: $36,664
• Composite: 21.51/100
• National rank: #8321
• State rank: #89 of 129 in AL

Livability — Cordova

• Score: 55/100
• State rank: #441
• US rank: #23435

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 5,053

Population outlook (Walker County) Hauer SSP2

• Today (2025): 61,037 people
• By 2030: 58,391 · -4.3%
• By 2040: 53,080 · -13.0%
• By 2050: 48,031 · -21.3%
• By 2075: 37,799 · -38.1%
• By 2100: 29,001 · -52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 8% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+71.8) · D 13.8% · R 85.6%
• 2008→2024 swing: -25.4pp toward R · 2008: -46.4pp · 2024: -71.8pp
• All cycles: 2024: R+71.8 2020: R+67.9 2016: R+67.4 2012: R+52.9 2008: R+46.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.23%
• Current HPI: 134.7822
• 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

-43.2% since first listed

11 events — show timeline

• 2026-06-18 Pending — Walker County Area MLS
• 2026-06-18 Pending — Greater Alabama MLS
• 2026-06-05 Price Changed $54,000 Greater Alabama MLS
• 2026-06-05 Price Changed $54,000 Walker County Area MLS
• 2026-05-22 Listed $71,200 Walker County Area MLS
• 2026-05-06 Price Changed $71,200 Greater Alabama MLS
• 2026-04-05 Price Changed $80,100 Greater Alabama MLS
• 2026-02-18 Listed $89,000 Greater Alabama MLS
• 2021-10-15 Sold (Public Records) $95,000 Public Records
• 2021-10-14 Sold (MLS) $95,000 Walker County Area MLS
• 2021-08-09 Listed $95,000 Walker County Area MLS

Property tax history

+5.1%/yr

Latest (2024): $88 · +0.0% YoY. Source: county tax records.