4903 Fallbrook Cir NE · Moores Mill, AL 35811

$225,000

3 bd · 1.0 ba · 1,793 sqft · SingleFamily public records · 11 Days on market

Built 1978 1.43 ac lot $125/sqft · 21% below area Est $284k · 21% under

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Why this score? — see what drove the C 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 +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• Rent growth +4.2/5.0
• 1% rule +3.7/10.0
• Schools +3.7/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +1.4/10.0

Listing remarks MLS

Opportunity Is Knocking! This property is being sold as-is and is perfect for investors, flippers, or buyers looking to customize a home to their own vision. Inside, you’ll find a spacious layout with great potential, including a generous living area, sizable bedrooms, and a functional floor plan ready for updates. With the right improvements, this home will shine. It is situated on 1.43 acres and has both an attached 2 car garage and a 28x28 detached garage. Whether you’re looking for your next renovation project or a long-term investment, this is a chance to add value in a growing area. Bring your vision and tools—this one has solid potential! Newer vinyl Windows and Insulated Garage Door.

Key facts

• 1.43 acre lot
• 4 garage spots
• Built 1978

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (13.4% below list).
• Recommended offer: $195k (13.4% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 3.8% in Moores Mill — 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 66/100 on livability (#109 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: schools F, amenities F, commute 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.
• Market conditions: Rents rising fast (+6.8%/yr); 560 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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.

Risks & watch-outs

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

Recommended offer $194,839 (13.4% below list)

Questions for the listing agent

1. Built in 1978 — 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 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: 0.87% ✗
• Cap rate: 7.43%
• Cash-on-cash: 4.06%
• DSCR: 1.18
• GRM: 9.6

CMA / ARV

• ARV (median comp): $284,178
• List price: $225,000
• Delta: -20.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4903 Fallbrook Cir NE	0.00mi	3/2.0	1,793 (0%)	1mo	$195,000	$109	95
114 Sandi Paige Ln	0.36mi	3/2.0	1,715 (-4%)	7mo	$275,000	$160	66
111 Laredo Cir	0.31mi	3/2.0	1,725 (-4%)	13mo	$235,000	$136	65
6200 Trailwood Dr	0.51mi	3/1.5	1,757 (-2%)	8mo	$305,000	$174	64
136 Tammy Gaines Ln	0.32mi	3/2.5	1,929 (+8%)	17mo	$280,000	$145	52
174 Chanel Dr	0.28mi	3/2.0	1,581 (-12%)	15mo	$267,000	$169	51
6109 Fairfield Dr	0.51mi	3/2.0	1,644 (-8%)	13mo	$285,000	$173	48
143 Laredo Cir	0.41mi	3/2.0	1,551 (-14%)	11mo	$220,000	$142	45
159 Chanel Dr	0.34mi	4/2.0 (+1)	1,535 (-14%)	9mo	$255,000	$166	44
200 Federal Ln	0.72mi	3/2.0	1,642 (-8%)	8mo	$250,000	$152	42
208 Vintage Point Cir	0.51mi	3/2.0	2,021 (+13%)	12mo	$307,500	$152	41
285 Ruby Dr	0.75mi	3/2.0	1,613 (-10%)	16mo	$193,500	$120	31

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 · 6.81% rent growth · sell at horizon

5-year hold

• IRR: -6.3%
• Equity multiple: 0.76×
• Total profit: $-15,256
• Equity at exit: $33,548

10-year hold

• IRR: 7.0%
• Equity multiple: 1.61×
• Total profit: $38,148
• Equity at exit: $19,454

Cash invested: $63,000 (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 35811

• Home prices YoY: -2.1%
• Rents YoY: 6.8%
• Active inventory: 560
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,948 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$53 /mo · $632/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $213

Break-even live

Break-even rent $1,679

Max offer price $225,000

Occupancy floor 84%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6111 Homestead Rd Huntsville, AL	4.0	2.0	1640	$2,500	$1.52	43d	1	0.52mi
6107 Trailwood Dr Huntsville, AL	3.0	2.0	1879	$1,650	$0.88	23d	1	0.63mi
4550 Friends Xing NE Huntsville, AL	1.0–3.0	1.0–2.0	1149	$1,752	$1.52	13d	26	1.05mi
119 Wind Rush Rd Huntsville, AL	3.0	2.0	1690	$1,875	$1.11	43d	1	1.19mi
144 Oakcrest Rd Huntsville, AL	3.0	2.0	2153	$1,695	$0.79	21d	1	1.30mi
150 LILLIAN FARMS Blvd Huntsville, AL	3.0	2.0	1703	$1,900	$1.12	23d	1	1.36mi
153 LILLIAN FARMS Blvd Huntsville, AL	3.0	2.0	1703	$1,900	$1.12	23d	1	1.36mi
313 Mchenry DR Huntsville, AL	4.0	3.0	1938	$1,970	$1.02	43d	1	1.41mi
111 Ranna Dr Huntsville, AL	3.0	2.5	2277	$1,975	$0.87	43d	1	1.42mi
244 Paca Ln Huntsville, AL	4.0	2.0	2106	$2,150	$1.02	23d	1	1.43mi
244 Paca Ln Huntsville, AL	4.0	2.0	2106	$2,150	$1.02	43d	1	1.43mi
149 Wolfe Ln Huntsville, AL	3.0	3.0	1442	$2,000	$1.39	13d	1	1.44mi
147 Wolfe Ln Huntsville, AL	3.0	3.0	1442	$2,100	$1.46	13d	1	1.44mi

Listing history 4 events

1. 2026-05-13
   status Pending 718-char remark

   Show marketing remark (718 chars)

   Opportunity Is Knocking! This property is being sold as-is and is perfect for investors, flippers, or buyers looking to customize a home to their own vision. Inside, you’ll find a spacious layout with great potential, including a generous living area, sizable bedrooms, and a functional floor plan ready for updates. With the right improvements, this home will shine. It is situated on 1.43 acres and has both an attached 2 car garage and a 28x28 detached garage. Whether you’re looking for your next renovation project or a long-term investment, this is a chance to add value in a growing area. Bring your vision and tools—this one has solid potential! Newer vinyl Windows and Insulated Garage Door.

2. 2026-05-04
   status Active 718-char remark

   Show marketing remark (718 chars)

   Opportunity Is Knocking! This property is being sold as-is and is perfect for investors, flippers, or buyers looking to customize a home to their own vision. Inside, you’ll find a spacious layout with great potential, including a generous living area, sizable bedrooms, and a functional floor plan ready for updates. With the right improvements, this home will shine. It is situated on 1.43 acres and has both an attached 2 car garage and a 28x28 detached garage. Whether you’re looking for your next renovation project or a long-term investment, this is a chance to add value in a growing area. Bring your vision and tools—this one has solid potential! Newer vinyl Windows and Insulated Garage Door.

3. 2026-03-25
   status Pending 718-char remark

   Show marketing remark (718 chars)

   Opportunity Is Knocking! This property is being sold as-is and is perfect for investors, flippers, or buyers looking to customize a home to their own vision. Inside, you’ll find a spacious layout with great potential, including a generous living area, sizable bedrooms, and a functional floor plan ready for updates. With the right improvements, this home will shine. It is situated on 1.43 acres and has both an attached 2 car garage and a 28x28 detached garage. Whether you’re looking for your next renovation project or a long-term investment, this is a chance to add value in a growing area. Bring your vision and tools—this one has solid potential! Newer vinyl Windows and Insulated Garage Door.

4. 2026-03-22
   listed $225,000 Active 718-char remark

   Show marketing remark (718 chars)

   Opportunity Is Knocking! This property is being sold as-is and is perfect for investors, flippers, or buyers looking to customize a home to their own vision. Inside, you’ll find a spacious layout with great potential, including a generous living area, sizable bedrooms, and a functional floor plan ready for updates. With the right improvements, this home will shine. It is situated on 1.43 acres and has both an attached 2 car garage and a 28x28 detached garage. Whether you’re looking for your next renovation project or a long-term investment, this is a chance to add value in a growing area. Bring your vision and tools—this one has solid potential! Newer vinyl Windows and Insulated Garage Door.

ⓘ 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: $632 · $53/mo
• Projected year-2 tax: $923 · $77/mo
• Expected delta: +$291/yr (+$24/mo · 46.0%)

ⓘ 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 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% 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: $23,381
• − Mortgage interest: −$12,603
• − Property taxes: −$632
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,870
• − Management: −$1,870
• − Depreciation: −$6,545
• Taxable loss: −$1,266
• Est. tax savings @ 24.0%: +$304
• After-tax cash flow: $2,859/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 — Moores Mill

• Score: 66/100
• State rank: #109
• US rank: #11986

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Moores Mill, AL
• County: Madison County · 380,832 people
• Metro: Huntsville, AL
• Population (ZIP): 31,008
• Household income: $90,812
• Rent vs Own: 22.4% rent · 77.6% own
• Severe rent burden: 517.0

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: Majority White (64%)
• Race & ethnicity: White 64% Black 27% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Slovak 2% Italian 2% Serbian 2%
• Foreign-born: 4% · Canada, Vietnam, China
• Languages at home: 95% English-only · Spanish 3% Vietnamese 1%

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: ▼ -7.13%
• Current HPI: 332.9423
• Rent YoY: ▲ 6.81%
• Metro: Huntsville, 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

4 events — show timeline

• 2026-05-13 Pending — VMLS
• 2026-05-04 Relisted — VMLS
• 2026-03-25 Pending — VMLS
• 2026-03-22 Listed $225,000 VMLS

Property tax history

+5.1%/yr

Latest (2024): $632 · +0.0% YoY. Source: county tax records.