120 Lide Rd · Talladega, AL 35160

$55,000

3 bd · 2.0 ba · 1,338 sqft · SingleFamily public records · 90 Days on market

Built 1956 7,405 sqft lot $41/sqft · 58% below area

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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 +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment opportunity in Talladega! This 3-bedroom, 2-bath home offers approximately 1,338 +/- sq ft per county tax records and presents strong potential as a rental or renovation project. The property features a metal roof, vinyl siding, and a functional main-level layout. Located on a manageable lot with public water and sewer. SOLD AS -IS. Buyer to verify all information of importance, including square footage and property details.

Key facts

• Metal roof
• Public sewer
• Manageable lot

Tags

• METAL ROOF
• VINYL SIDING
• MAIN-LEVEL LAYOUT
• MANAGEABLE LOT
• PUBLIC WATER
• PUBLIC SEWER

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $698 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $52k (6.0% below list) — sets the bar for market timing.
• Cap rate 21.5% vs local median 4.8% in Talladega — 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 (#327 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A, health & safety A-; Watch: schools F, crime F, amenities F.
• Talladega City (rural): math 7% / reading 25% proficiency, ranked #114 of 129 in AL (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 170 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 189 units permitted in Talladega County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Talladega County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $24k; list at $55k implies a 134% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $51,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
6. 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?
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: 2.35% ✓
• Cap rate: 21.53%
• Cash-on-cash: 54.43%
• DSCR: 3.42
• GRM: 3.5

CMA / ARV

• ARV (median comp): $129,740
• List price: $55,000
• Delta: -57.61%
• 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
119 Brecon Access Rd	0.37mi	3/2.0	1,354 (+1%)	16mo	$125,000	$92	67
217 Davis St	0.59mi	3/2.0	1,404 (+5%)	4mo	$84,000	$60	61
120 Woodland Dr	0.67mi	4/2.0 (+1)	1,316 (-2%)	2mo	$155,000	$118	59
127 Riddle Rd	0.52mi	3/2.0	1,381 (+3%)	22mo	$134,900	$98	52
630 Brecon Access Rd	0.58mi	3/2.0	1,480 (+11%)	11mo	$140,000	$95	46
114 Woodland Dr	0.64mi	4/2.0 (+1)	1,232 (-8%)	11mo	$140,700	$114	43
210 Davis St	0.62mi	3/2.5	1,152 (-14%)	7mo	$141,000	$122	40
106 Franklin Dr	0.73mi	3/2.0	1,227 (-8%)	23mo	$120,000	$98	33

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: 52.6%
• Equity multiple: 3.31×
• Total profit: $35,560
• Equity at exit: $8,201

10-year hold

• IRR: 57.8%
• Equity multiple: 6.73×
• Total profit: $88,190
• Equity at exit: $4,755

Cash invested: $15,400 (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 35160

• Home prices YoY: -26.9%
• Active inventory: 170
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,295 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$13 /mo · $159/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $698

Break-even live

Break-even rent $411

Max offer price $55,000

Occupancy floor 41%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
207 Jemison St Talladega, AL	3.0	2.0	1490	$1,295	$0.87	43d	1	0.92mi

Listing history 24 events

1. 2026-06-19
   days on market $55,000 Active 90 DOM
2. 2026-06-18
   days on market $55,000 Active 89 DOM
3. 2026-06-17
   days on market $55,000 Active 88 DOM
4. 2026-06-16
   days on market $55,000 Active 87 DOM
5. 2026-06-15
   days on market $55,000 Active 86 DOM
6. 2026-06-14
   days on market $55,000 Active 84 DOM
7. 2026-06-12
   days on market $55,000 Active 83 DOM
8. 2026-06-09
   days on market $55,000 Active 80 DOM
9. 2026-06-08
   days on market $55,000 Active 79 DOM
10. 2026-06-07
    days on market $55,000 Active 78 DOM
11. 2026-06-04
    days on market $55,000 Active 74 DOM
12. 2026-06-02
    days on market $55,000 Active 73 DOM
13. 2026-06-01
    days on market $55,000 Active 72 DOM
14. 2026-05-31
    days on market $55,000 Active 71 DOM
15. 2026-05-31
    days on market $55,000 Active 70 DOM
16. 2026-03-21
    listed $55,000 Active 445-char remark

    Show marketing remark (444 chars)

    Great investment opportunity in Talladega! This 3-bedroom, 2-bath home offers approximately 1,338 +/- sq ft per county tax records and presents strong potential as a rental or renovation project. The property features a metal roof, vinyl siding, and a functional main-level layout. Located on a manageable lot with public water and sewer. SOLD AS IS. Buyer to verify all information of importance, including square footage and property details.

17. 2026-03-21
    listed $55,000 Active 444-char remark

    Show marketing remark (444 chars)

    Great investment opportunity in Talladega! This 3-bedroom, 2-bath home offers approximately 1,338 +/- sq ft per county tax records and presents strong potential as a rental or renovation project. The property features a metal roof, vinyl siding, and a functional main-level layout. Located on a manageable lot with public water and sewer. SOLD AS IS. Buyer to verify all information of importance, including square footage and property details.

18. 2024-02-28
    soldstatus $23,500 Sold
19. 2024-02-15
    historical Contingent
20. 2023-11-28
    listed $28,000 Active
21. 2023-11-22
    historical $28,000
22. 2023-11-01
    price $28,800
23. 2023-08-04
    soldstatus $11,000
24. 2019-02-12
    soldstatus $21,500

ⓘ 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: $159 · $13/mo
• Projected year-2 tax: $226 · $19/mo
• Expected delta: +$67/yr (+$6/mo · 42.2%)

ⓘ 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 ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,540
• − Mortgage interest: −$3,081
• − Property taxes: −$159
• − Insurance: −$275
• − Repairs & maintenance: −$1,243
• − Management: −$1,243
• − Depreciation: −$1,600
• Taxable income: $7,939
• Est. tax owed @ 24.0%: −$1,905
• After-tax cash flow: $6,476/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: Talladega City
• NCES district ID: 0103150
• Math proficiency: 7% ▼ -19.00%
• Reading proficiency: 25% ▼ -4.00%
• Median HH income: $30,107
• Composite: 12.63/100
• National rank: #9610
• State rank: #114 of 129 in AL

Livability — Talladega

• Score: 59/100
• State rank: #327
• US rank: #19965

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Talladega, AL
• Population (ZIP): 26,177

Population outlook (Talladega County) Hauer SSP2

• Today (2025): 78,905 people
• By 2030: 77,160 · -2.2%
• By 2040: 72,937 · -7.6%
• By 2050: 68,279 · -13.5%
• By 2075: 57,884 · -26.6%
• By 2100: 47,220 · -40.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 49% Black 43% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Slovak 2% Italian 1% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Talladega

• 2024 margin: Solid R (+33.8) · D 32.9% · R 66.6%
• 2008→2024 swing: -15.3pp toward R · 2008: -18.5pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+25.5 2016: R+25.6 2012: R+16.0 2008: R+18.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -70.24%
• Current HPI: 190.5904
• 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

+155.8% since first listed

9 events — show timeline

• 2026-03-21 Listed $55,000 Greater Alabama MLS
• 2026-03-21 Listed $55,000 WAMLS
• 2024-02-28 Sold (MLS) $23,500 Greater Alabama MLS
• 2024-02-15 Contingent — Greater Alabama MLS
• 2023-11-28 Listed $28,000 Greater Alabama MLS
• 2023-11-22 Coming Soon $28,000 Greater Alabama MLS
• 2023-11-01 Price Changed $28,800 Greater Alabama MLS
• 2023-08-04 Sold (Public Records) $11,000 Public Records
• 2019-02-12 Sold (Public Records) $21,500 Public Records

Property tax history

+13.3%/yr

Latest (2025): $159 · -11.1% YoY. Source: county tax records.