2105 La Salle Rd NW · Huntsville, AL 35810

$197,000

3 bd · 0.5 ba · 1,250 sqft · SingleFamily public records · 136 Days on market

Built 1959 0.28 ac lot $158/sqft · 7% below area Est $212k · 7% under

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Why this score? — see what drove the D 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 +13.0/30.0
• ARV discount +10.6/15.0
• Livability +4.1/5.0
• DSCR +3.9/10.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THE SELLER WILL PAY 3% COMMISSION TO THE BUYER'S REAL ESTATE AGENT. Beautifully renovated, move-in-ready house in a highly convenient Huntsville neighborhood. - Brand-new windows and doors throughout, providing excellent insulation. The home also features a brand-new tankless water heater for endless hot water and energy savings. - Freshly refinished original hardwood floors that flow throughout the home. - Brand-new kitchen cabinetry, a new dishwasher, and a new stove. The kitchen is topped off with a high-end range hood that vents directly outside. - The roof was replaced in 2021. - Electrical updates in the kitchen.

Key facts

• New stove
• Brand new doors
• New dishwasher

Tags

• BRAND NEW WINDOWS
• BRAND NEW DOORS
• TANKLESS WATER HEATER
• BRAND NEW KITCHEN CABINETRY
• NEW DISHWASHER
• NEW STOVE

What this means for you Summary

Snapshot

• This is a 3-bed/0.5-bath single-family listed at $197k.

Deal economics

• At list price, monthly cash flow is $-10 ($-122/yr) — negative.
• To cash-flow at today's rent, offer at most $195k (0.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (26.6% below list).
• Recommended offer: $145k (26.6% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.8% in Huntsville — 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 82/100 on livability (#3 in AL, #1,082 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Huntsville City (urban): math 21% / reading 46% proficiency, ranked #48 of 129 in AL (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.1%/yr); 337 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent runs 34% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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

• It's been on market 136 days — a 12% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $28k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $39k; list at $197k implies a 405% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• 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 $144,675 (26.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 136 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.73% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.22%
• DSCR: 0.99
• GRM: 11.3

CMA / ARV

• ARV (median comp): $211,675
• List price: $197,000
• Delta: -6.93%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2114 NW Linde St	0.10mi	3/1.5	1,304 (+4%)	4mo	$215,000	$165	81
3406 Euclid Cir NW	0.24mi	3/2.0	1,203 (-4%)	1mo	$178,000	$148	76
1610 Club View Dr NW	0.45mi	3/2.0	1,242 (-1%)	3mo	$220,200	$177	70
3408 Euclid Cir NW	0.26mi	3/1.0	1,131 (-10%)	1mo	$165,000	$146	69
2822 Cora Hill Ave	0.30mi	3/2.0	1,180 (-6%)	3mo	$204,900	$174	68
3511 Purdy Dr	0.47mi	3/1.5	1,198 (-4%)	1mo	$150,000	$125	66
1607 Club View Dr NW	0.48mi	3/1.5	1,209 (-3%)	4mo	$172,000	$142	65
3504 Cable St NW	0.41mi	3/2.0	1,339 (+7%)	1mo	$227,000	$170	63
1909 Oglesby Dr NW	0.43mi	3/2.0	1,325 (+6%)	2mo	$184,400	$139	62
3406 Oakmont Ave	0.24mi	3/2.0	1,389 (+11%)	3mo	$199,995	$144	62
3609 Purdy Dr	0.60mi	3/2.0	1,172 (-6%)	1mo	$175,000	$149	55
1604 Armstrong St NW	0.72mi	3/1.0	1,131 (-10%)	1mo	$120,000	$106	48

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.33×
• Total profit: $-36,918
• Equity at exit: $29,373

10-year hold

• IRR: -19.1%
• Equity multiple: 0.10×
• Total profit: $-49,800
• Equity at exit: $17,033

Cash invested: $55,160 (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 35810

• Home prices YoY: -23.5%
• Rents YoY: -0.1%
• Active inventory: 337
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $1,447 high
• Mortgage (P&I): −$1,033
• Tax from tax record: −$38 /mo · $455/yr
• Insurance: −$82
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $-10

Break-even live

Break-even rent $1,460

Max offer price $195,199

Occupancy floor 96%

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: $49,250
• Closing costs: $5,910
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2706 Norton Ave NW Huntsville, AL	3.0	2.0	1127	$1,098	$0.97	43d	1	0.17mi
3406 Oakmont Ave NW Huntsville, AL	3.0	2.0	1389	$1,600	$1.15	43d	1	0.22mi
2002 Laverne Dr NW Huntsville, AL	3.0	1.5	1165	$1,100	$0.94	23d	1	0.32mi
2728 Clayton Dr NW Unit B Huntsville, AL	2.0	1.0	900	$795	$0.88	43d	1	0.38mi
2502 Hill St NW Huntsville, AL	3.0	1.0	1288	$1,200	$0.93	43d	1	0.39mi
2721 Clayton Dr NW Huntsville, AL	3.0	1.0	1000	$998	$1.00	43d	1	0.41mi
2711 Clayton Dr NW Huntsville, AL	3.0	1.5	1030	$1,400	$1.36	43d	1	0.47mi
1713 Niblick Ave NW Huntsville, AL	3.0	1.0	1000	$1,195	$1.20	23d	1	0.48mi
1904 Oglesby Dr NW Huntsville, AL	3.0	2.0	1026	$1,395	$1.36	13d	1	0.50mi
1715 Chester St NW Huntsville, AL	3.0	1.0	950	$1,250	$1.32	43d	1	0.51mi
3303 Barton Ave NW Huntsville, AL	3.0	2.0	1750	$1,600	$0.91	43d	1	0.55mi
3721 Broadmor Rd NW Huntsville, AL	3.0	1.5	1423	$1,450	$1.02	43d	1	0.61mi
3309 Charleston Ave NW Huntsville, AL	3.0	2.0	1425	$1,375	$0.96	21d	1	0.63mi
3606 Crestmore Ave NW Huntsville, AL	4.0	2.0	1275	$1,400	$1.10	21d	1	0.65mi
2201 Shady Lane Dr NW Huntsville, AL	3.0	1.5	1472	$3,000	$2.04	43d	1	0.68mi
2613 Skyline Dr NW Huntsville, AL	4.0	2.0	1572	$1,695	$1.08	23d	1	0.74mi
1601 Armstrong St NW Huntsville, AL	3.0	1.0	1200	$1,195	$1.00	43d	1	0.76mi
2416 Hanover Dr NW Huntsville, AL	3.0	2.0	1300	$1,395	$1.07	43d	1	0.78mi
2215 Shady Lane Dr NW Huntsville, AL	4.0	1.0	1450	$1,500	$1.03	43d	1	0.78mi
2708 Monticello Dr NW Huntsville, AL	3.0	1.0	1025	$1,350	$1.32	43d	1	0.86mi
2708 Monticello Dr NW Huntsville, AL	3.0	1.0	1025	$1,300	$1.27	23d	1	0.86mi
2212 Old Blue Spring Rd NW Unit A Huntsville, AL	2.0	1.0	970	$970	$1.00	23d	1	0.94mi
2601 Blue Spring Rd NW Huntsville, AL	3.0	1.5	1700	$1,350	$0.79	23d	1	0.99mi
4216 Chalet Cir NW Huntsville, AL	3.0	2.0	1296	$1,500	$1.16	23d	1	1.01mi
2803 Hester Ln NW Huntsville, AL	3.0	1.5	1224	$1,400	$1.14	23d	1	1.04mi
3616 Hester Ln NW Huntsville, AL	4.0	2.0	1650	$1,350	$0.82	43d	1	1.07mi
3203 Dyas Dr NW Huntsville, AL	3.0	2.0	1346	$2,100	$1.56	23d	1	1.10mi
4214 Fortson Ln NW Huntsville, AL	3.0	2.0	1308	$1,395	$1.07	43d	1	1.10mi
3306 Reynolds Dr NW Huntsville, AL	3.0	2.0	1636	$1,800	$1.10	23d	1	1.15mi
3205 Hillandale Rd NW Huntsville, AL	2.0	1.0	1100	$1,200	$1.09	43d	1	1.20mi
3614 Wilbur Ave NW Huntsville, AL	3.0	1.5	1196	$1,420	$1.19	23d	1	1.20mi
4700 Sparkman Dr NW Huntsville, AL	3.0	1.5	1554	$1,350	$0.87	23d	1	1.20mi
2508 Piney Branch Rd NW Huntsville, AL	3.0	1.5	1205	$1,385	$1.15	43d	1	1.21mi
2640 Blue Spring Rd NW Huntsville, AL	1.0–3.0	1.0–2.0	944	$1,149	$1.22	43d	3	1.21mi
2505 Piney Branch Rd NW Huntsville, AL	3.0	1.5	1222	$1,300	$1.06	23d	1	1.22mi
3210 Tucker Dr NW Huntsville, AL	3.0	1.0	1005	$1,475	$1.47	13d	1	1.25mi
3013 Kirkland Dr NW Huntsville, AL	3.0	1.5	1324	$1,295	$0.98	43d	1	1.27mi
3205 Lewisburg Dr NW Huntsville, AL	3.0	2.0	1408	$1,600	$1.14	23d	1	1.28mi
3206 Brook Manor Ave NW Huntsville, AL	2.0	1.0	1156	$1,100	$0.95	13d	1	1.30mi
3210 Caywood Dr NW Huntsville, AL	3.0	1.0	1005	$1,475	$1.47	13d	1	1.32mi

Listing history 20 events

1. 2026-06-18
   days on market $197,000 Active 136 DOM
2. 2026-06-17
   days on market $197,000 Active 135 DOM
3. 2026-06-16
   days on market $197,000 Active 134 DOM
4. 2026-06-15
   days on market $197,000 Active 133 DOM
5. 2026-06-14
   days on market $197,000 Active 131 DOM
6. 2026-06-10
   days on market $197,000 Active 128 DOM
7. 2026-06-09
   days on market $197,000 Active 127 DOM
8. 2026-06-08
   days on market $197,000 Active 126 DOM
9. 2026-06-07
   days on market $197,000 Active 125 DOM
10. 2026-06-03
    days on market $197,000 Active 121 DOM
11. 2026-06-02
    days on market $197,000 Active 120 DOM
12. 2026-06-01
    days on market $197,000 Active 119 DOM
13. 2026-05-31
    days on market $197,000 Active 118 DOM
14. 2026-05-30
    days on market $197,000 Active 117 DOM
15. 2026-03-08
    price $197,000 627-char remark

    Show marketing remark (627 chars)

    THE SELLER WILL PAY 3% COMMISSION TO THE BUYER'S REAL ESTATE AGENT. Beautifully renovated, move-in-ready house in a highly convenient Huntsville neighborhood. - Brand-new windows and doors throughout, providing excellent insulation. The home also features a brand-new tankless water heater for endless hot water and energy savings. - Freshly refinished original hardwood floors that flow throughout the home. - Brand-new kitchen cabinetry, a new dishwasher, and a new stove. The kitchen is topped off with a high-end range hood that vents directly outside. - The roof was replaced in 2021. - Electrical updates in the kitchen.

16. 2026-03-07
    price $197,000 560-char remark

    Show marketing remark (560 chars)

    Beautifully renovated, move-in-ready house in a highly convenient Huntsville neighborhood. - Brand-new windows and doors throughout, providing excellent insulation. The home also features a brand-new tankless water heater for endless hot water and energy savings. - Freshly refinished original hardwood floors that flow throughout the home. - Brand-new kitchen cabinetry, a new dishwasher, and a new stove. The kitchen is topped off with a high-end range hood that vents directly outside. - The roof was replaced in 2021. - Electrical updates in the kitchen.

17. 2026-02-02
    listed $225,000 Active 627-char remark

    Show marketing remark (560 chars)

    Beautifully renovated, move-in-ready house in a highly convenient Huntsville neighborhood. - Brand-new windows and doors throughout, providing excellent insulation. The home also features a brand-new tankless water heater for endless hot water and energy savings. - Freshly refinished original hardwood floors that flow throughout the home. - Brand-new kitchen cabinetry, a new dishwasher, and a new stove. The kitchen is topped off with a high-end range hood that vents directly outside. - The roof was replaced in 2021. - Electrical updates in the kitchen.

18. 2026-02-02
    listed $225,000 Active 560-char remark

    Show marketing remark (560 chars)

    Beautifully renovated, move-in-ready house in a highly convenient Huntsville neighborhood. - Brand-new windows and doors throughout, providing excellent insulation. The home also features a brand-new tankless water heater for endless hot water and energy savings. - Freshly refinished original hardwood floors that flow throughout the home. - Brand-new kitchen cabinetry, a new dishwasher, and a new stove. The kitchen is topped off with a high-end range hood that vents directly outside. - The roof was replaced in 2021. - Electrical updates in the kitchen.

19. 2017-02-10
    soldstatus $39,000
20. 2013-06-07
    soldstatus $49,000

ⓘ 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: $455 · $38/mo
• Projected year-2 tax: $808 · $67/mo
• Expected delta: +$352/yr (+$29/mo · 77.3%)

ⓘ 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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% 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: $17,361
• − Mortgage interest: −$11,035
• − Property taxes: −$455
• − Insurance: −$985
• − Repairs & maintenance: −$1,389
• − Management: −$1,389
• − Depreciation: −$5,731
• Taxable loss: −$3,623
• Est. tax savings @ 24.0%: +$870
• After-tax cash flow: $747/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: Huntsville City
• NCES district ID: 0101800
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $48,264
• Composite: 28.84/100
• National rank: #6647
• State rank: #48 of 129 in AL

Livability — Huntsville

• Score: 82/100
• State rank: #3
• US rank: #1082

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntsville, AL
• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 32,843
• Household income: $51,233
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 1223.0

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: Predominantly Black (69%)
• Race & ethnicity: Black 69% White 18% Hispanic / Latino 9% Two or more races 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2% Dominican 2%
• Common ancestry: Italian 2% Lithuanian 0%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -61.00%
• Current HPI: 198.9629
• Rent YoY: ▬ -0.05%
• 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

+302.0% since first listed

6 events — show timeline

• 2026-03-08 Price Changed $197,000 ForSaleByOwner.com
• 2026-03-07 Price Changed $197,000 VMLS
• 2026-02-02 Listed $225,000 ForSaleByOwner.com
• 2026-02-02 Listed $225,000 VMLS
• 2017-02-10 Sold (Public Records) $39,000 Public Records
• 2013-06-07 Sold (Public Records) $49,000 Public Records

Property tax history

-0.8%/yr

Latest (2024): $455 · +34.2% YoY. Source: county tax records.