3444 Wickham Rd · Montgomery, AL 36116

$120,000

3 bd · 2.0 ba · 1,269 sqft · SingleFamily public records · 120 Days on market

Built 1987 4,791 sqft lot $95/sqft · 12% below area Est $136k · 12% 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 +22.3/30.0
• ARV discount +12.8/15.0
• DSCR +7.1/10.0
• 1% rule +5.1/10.0
• Rent growth +3.9/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Carriage Hills garden home with 3 bedroom, 2 bath with parking in the back of the home. This home features a privacy fenced yard, covered front porch, and nice upgrades.

Key facts

• Covered front porch
• Nice upgrades
• Privacy fenced yard

Tags

• PRIVACY FENCED YARD
• COVERED FRONT PORCH
• NICE UPGRADES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $198 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 6.0% in Montgomery — 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 (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D, crime F.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.7%/yr); 294 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 5.7% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 120 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 23y ago; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $100k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 76% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,200 (9.0% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.01% ✓
• Cap rate: 8.27%
• Cash-on-cash: 7.06%
• DSCR: 1.31
• GRM: 8.3

CMA / ARV

• ARV (median comp): $136,179
• List price: $120,000
• Delta: -11.88%
• 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
3440 Wickham Rd	0.01mi	2/2.0 (-1)	1,268 (-0%)	7mo	$75,000	$59	89
3824 Carriage Oaks Dr	0.30mi	3/2.0	1,280 (+1%)	4mo	$138,000	$108	81
3333 Horseshoe Cir	0.35mi	3/2.0	1,270 (+0%)	4mo	$156,000	$123	80
3817 Carriage Oaks Dr	0.33mi	3/2.0	1,280 (+1%)	18mo	$109,000	$85	68
3721 Carriage Oaks Dr	0.32mi	3/2.0	1,351 (+6%)	14mo	$125,000	$93	63
6223 Ridgeside Blvd	0.69mi	3/2.0	1,402 (+10%)	15mo	$238,312	$170	38
6308 Ridgeside Blvd	0.74mi	3/2.0	1,402 (+10%)	13mo	$238,312	$170	37
6305 Ridgeside Blvd	0.73mi	3/2.0	1,402 (+10%)	14mo	$238,312	$170	37
6232 Ridgeside Blvd	0.72mi	3/2.0	1,402 (+10%)	17mo	$238,312	$170	35
6211 Ridgeside Blvd	0.69mi	3/2.0	1,402 (+10%)	20mo	$236,312	$169	34
6238 Ridgeside Blvd	0.73mi	3/2.0	1,443 (+14%)	12mo	$237,062	$164	33
6120 Ridgeside Blvd	0.74mi	3/2.0	1,402 (+10%)	21mo	$236,312	$169	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 · 5.65% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.89×
• Total profit: $-3,582
• Equity at exit: $17,892

10-year hold

• IRR: 9.5%
• Equity multiple: 1.81×
• Total profit: $27,309
• Equity at exit: $10,375

Cash invested: $33,600 (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 36116

• Home prices YoY: -9.7%
• Rents YoY: 5.7%
• Active inventory: 294
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,209 high
• Mortgage (P&I): −$629
• Tax from tax record: −$78 /mo · $936/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $198

Break-even live

Break-even rent $959

Max offer price $120,000

Occupancy floor 79%

Sensitivity live

Price	-10% $265	-5% $232	+0% $198	+5% $164	+10% $130
Rent	-10% $102	-5% $150	+0% $198	+5% $245	+10% $293
Rate	-1.0pp $258	-0.5pp $228	base $198	+0.5pp $166	+1.0pp $135

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3638 Castle Ridge Rd Montgomery, AL	3.0	2.0	1100	$800	$0.73	15d	1	0.12mi
4008 Oak Shadow Ln Montgomery, AL	3.0	2.5	1741	$1,395	$0.80	22d	1	0.17mi
5800 Eagle Cir Montgomery, AL	1.0–3.0	1.0–2.0	1000	$1,051	$1.05	45d	1	0.26mi
3364 Fountain Ln Montgomery, AL	1.0–3.0	1.0–2.5	1221	$1,099	$0.90	45d	1	0.35mi
2140 Rexford Rd Montgomery, AL	2.0	2.5	1428	$1,275	$0.89	45d	1	0.82mi
5635 Red Barn Rd Unit 1043848P Montgomery, AL	3.0	2.0	1496	$3,390	$2.27	15d	1	0.89mi
5720 Worchester Dr Montgomery, AL	2.0	2.0	1060	$895	$0.84	22d	1	0.92mi
2311 Cottingham Dr Montgomery, AL	3.0	2.0	1676	$1,595	$0.95	45d	1	0.95mi
2066 Rexford Rd Montgomery, AL	3.0	2.5	1632	$1,250	$0.77	22d	1	0.95mi
2060 Rexford Rd Montgomery, AL	3.0	2.5	1566	$925	$0.59	22d	1	0.96mi
3248 Meadow Walk Ln Montgomery, AL	3.0	2.0	1114	$1,200	$1.08	45d	1	0.98mi
3220 Virginia Downs Montgomery, AL	3.0	2.0	1215	$900	$0.74	45d	1	1.03mi
3580 McGehee Pl Dr S Montgomery, AL	3.0	2.0	1200	$1,205	$1.00	45d	1	1.04mi
2014 Rexford Rd Montgomery, AL	3.0	2.0	1596	$1,150	$0.72	45d	1	1.06mi
5819 Brewbaker Blvd Unit 5819 Montgomery, AL	2.0	2.0	1200	$1,200	$1.00	45d	1	1.06mi
4409 McCampbell Dr Montgomery, AL	4.0	2.0	1786	$1,600	$0.90	15d	1	1.10mi
4025 Edge Hill Ln Montgomery, AL	3.0	2.0	1154	$1,350	$1.17	15d	1	1.10mi
3110 Virginia Downs Montgomery, AL	2.0	2.0	1068	$800	$0.75	45d	1	1.13mi
5917 Cherry Hill Rd Montgomery, AL	4.0	2.0	1161	$1,450	$1.25	15d	1	1.17mi
4611 Virginia Loop Rd Montgomery, AL	3.0	1.0	1029	$1,195	$1.16	22d	1	1.20mi
4220 Strathmore Dr Montgomery, AL	1.0–3.0	1.0–2.0	931	$1,099	$1.18	45d	1	1.21mi
4604 Virginia Loop Rd Montgomery, AL	1.0–2.0	1.0–2.0	810	$895	$1.10	45d	1	1.25mi
5931 Singleton St Montgomery, AL	3.0	2.5	1302	$695	$0.53	45d	1	1.29mi
4590 Troy Hwy Montgomery, AL	2.0–3.0	2.0	1330	$1,299	$0.98	15d	1	1.29mi
3231 Virginia Pines Ln Montgomery, AL	2.0	2.0	1068	$800	$0.75	45d	1	1.31mi
3240 Virginia Pines Ln Montgomery, AL	3.0	2.0	1215	$900	$0.74	45d	1	1.31mi
1845 Young Farm Rd Montgomery, AL	3.0	2.0	1444	$1,750	$1.21	45d	1	1.32mi
3388 McGehee Rd Unit B Montgomery, AL	2.0	2.0	900	$545	$0.61	22d	1	1.40mi
3380 McGehee Rd Montgomery, AL	3.0	2.0	1000	$650	$0.65	15d	1	1.40mi
2420 Haddington Rd Unit 1519890P Montgomery, AL	4.0	1.0	1679	$4,483	$2.67	15d	1	1.43mi
6028 Oakleigh Rd Montgomery, AL	3.0	2.0	1105	$850	$0.77	45d	1	1.46mi

Listing history 36 events

1. 2026-06-21
   days on market $120,000 Active 120 DOM
2. 2026-06-18
   days on market $120,000 Active 117 DOM
3. 2026-06-17
   days on market $120,000 Active 116 DOM
4. 2026-06-16
   days on market $120,000 Active 115 DOM
5. 2026-06-15
   days on market $120,000 Active 114 DOM
6. 2026-06-14
   days on market $120,000 Active 112 DOM
7. 2026-06-13
   days on market $120,000 Active 111 DOM
8. 2026-06-10
   days on market $120,000 Active 109 DOM
9. 2026-06-09
   days on market $120,000 Active 108 DOM
10. 2026-06-08
    days on market $120,000 Active 107 DOM
11. 2026-06-07
    pricedays on market $120,000 Active 106 DOM
12. 2026-06-03
    days on market $110,000 Active 103 DOM
13. 2026-06-02
    days on market $110,000 Active 102 DOM
14. 2026-06-01
    days on market $110,000 Active 101 DOM
15. 2026-05-31
    days on market $110,000 Active 100 DOM
16. 2026-05-30
    pricedays on market $110,000 Active 99 DOM
17. 2026-05-09
    price $130,000 169-char remark

    Show marketing remark (169 chars)

    Carriage Hills garden home with 3 bedroom, 2 bath with parking in the back of the home. This home features a privacy fenced yard, covered front porch, and nice upgrades.

18. 2026-02-20
    listed $140,000 Active 169-char remark

    Show marketing remark (169 chars)

    Carriage Hills garden home with 3 bedroom, 2 bath with parking in the back of the home. This home features a privacy fenced yard, covered front porch, and nice upgrades.

19. 2025-04-18
    historical $1,295
20. 2025-04-16
    listed $1,295
21. 2025-04-15
    historical $1,295
22. 2025-02-15
    listed $1,295
23. 2023-02-03
    soldstatus $100,000
24. 2023-01-31
    soldstatus $100,000 Closed 1149-char remark

    Show marketing remark (1149 chars)

    Sweet home featured with three bedrooms and two bathrooms in Carriage Hills. It should pop up to the top of any buyer's short list. And it is indeed "move-in ready". Interior of this home was totally repainted, with great neutral colors. Attractive molding and laminate flooring add to the warmth of home. People who have allergy, this is your choice, owner removed all the carpet out and furnished with laminated and tiled floor through the entire house. The open design features a great-room/dining room combo, with a wood burning fireplace for cozy evenings by firelight. In the kitchen are plenty of cabinets. Please review the 3-D matterport shot to tour the whole house on your own. It has a pantry, and a sunny breakfast nook. So there’s no extra money to spend. You’ll be happy with the privacy of the bedroom setup, as well, with the master bedroom separated from the other two bedrooms by the great-room. Two car parking pad in the back. Don’t wait for inventory to drop any further. You will be glad you called an agent about this one! Investors, first home buyers, this is a good deal! It will not last long!

25. 2023-01-30
    status Pending 1149-char remark

    Show marketing remark (1149 chars)

    Sweet home featured with three bedrooms and two bathrooms in Carriage Hills. It should pop up to the top of any buyer's short list. And it is indeed "move-in ready". Interior of this home was totally repainted, with great neutral colors. Attractive molding and laminate flooring add to the warmth of home. People who have allergy, this is your choice, owner removed all the carpet out and furnished with laminated and tiled floor through the entire house. The open design features a great-room/dining room combo, with a wood burning fireplace for cozy evenings by firelight. In the kitchen are plenty of cabinets. Please review the 3-D matterport shot to tour the whole house on your own. It has a pantry, and a sunny breakfast nook. So there’s no extra money to spend. You’ll be happy with the privacy of the bedroom setup, as well, with the master bedroom separated from the other two bedrooms by the great-room. Two car parking pad in the back. Don’t wait for inventory to drop any further. You will be glad you called an agent about this one! Investors, first home buyers, this is a good deal! It will not last long!

26. 2023-01-17
    historical Contingent 1149-char remark

    Show marketing remark (1149 chars)

    Sweet home featured with three bedrooms and two bathrooms in Carriage Hills. It should pop up to the top of any buyer's short list. And it is indeed "move-in ready". Interior of this home was totally repainted, with great neutral colors. Attractive molding and laminate flooring add to the warmth of home. People who have allergy, this is your choice, owner removed all the carpet out and furnished with laminated and tiled floor through the entire house. The open design features a great-room/dining room combo, with a wood burning fireplace for cozy evenings by firelight. In the kitchen are plenty of cabinets. Please review the 3-D matterport shot to tour the whole house on your own. It has a pantry, and a sunny breakfast nook. So there’s no extra money to spend. You’ll be happy with the privacy of the bedroom setup, as well, with the master bedroom separated from the other two bedrooms by the great-room. Two car parking pad in the back. Don’t wait for inventory to drop any further. You will be glad you called an agent about this one! Investors, first home buyers, this is a good deal! It will not last long!

27. 2022-12-31
    listed $109,500 Active 1149-char remark

    Show marketing remark (1149 chars)

    Sweet home featured with three bedrooms and two bathrooms in Carriage Hills. It should pop up to the top of any buyer's short list. And it is indeed "move-in ready". Interior of this home was totally repainted, with great neutral colors. Attractive molding and laminate flooring add to the warmth of home. People who have allergy, this is your choice, owner removed all the carpet out and furnished with laminated and tiled floor through the entire house. The open design features a great-room/dining room combo, with a wood burning fireplace for cozy evenings by firelight. In the kitchen are plenty of cabinets. Please review the 3-D matterport shot to tour the whole house on your own. It has a pantry, and a sunny breakfast nook. So there’s no extra money to spend. You’ll be happy with the privacy of the bedroom setup, as well, with the master bedroom separated from the other two bedrooms by the great-room. Two car parking pad in the back. Don’t wait for inventory to drop any further. You will be glad you called an agent about this one! Investors, first home buyers, this is a good deal! It will not last long!

28. 2018-05-24
    soldstatus $58,500
29. 2018-05-23
    soldstatus $58,500
30. 2018-03-12
    listed $66,750
31. 2017-06-28
    listed $79,000
32. 2016-04-19
    listed $69,995
33. 2015-04-15
    listed $75,000
34. 2009-06-29
    listed $79,900
35. 2003-04-18
    soldstatus $76,250
36. 2003-01-24
    listed $72,500

ⓘ 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: $936 · $78/mo
• Projected year-2 tax: $936 · $78/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 76% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,504
• − Mortgage interest: −$6,722
• − Property taxes: −$936
• − Insurance: −$600
• − Repairs & maintenance: −$1,160
• − Management: −$1,160
• − Depreciation: −$3,491
• Taxable income: $434
• Est. tax owed @ 24.0%: −$104
• After-tax cash flow: $2,266/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: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• County: Montgomery County · 190,016 people
• City population: 175,913
• Metro: Montgomery, AL
• Population (ZIP): 45,250
• Household income: $55,160
• Rent vs Own: 50.8% rent · 49.2% own
• Severe rent burden: 2786.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (80%)
• Race & ethnicity: Black 80% White 12% Two or more races 4% Asian 3% Hispanic / Latino 2%
• Common ancestry: Italian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 1% Korean 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.31%
• Current HPI: 151.8598
• Rent YoY: ▲ 5.65%
• Metro: Montgomery, 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

+79.3% since first listed

20 events — show timeline

• 2026-05-09 Price Changed $130,000 MAAR
• 2026-02-20 Listed $140,000 MAAR
• 2025-04-18 Rental Removed $1,295 BUILDIUM
• 2025-04-16 Listed for Rent $1,295 BUILDIUM
• 2025-04-15 Rental Removed $1,295 MAAR
• 2025-02-15 Listed for Rent $1,295 MAAR
• 2023-02-03 Sold (Public Records) $100,000 Public Records
• 2023-01-31 Sold (MLS) $100,000 MAAR
• 2023-01-30 Pending — MAAR
• 2023-01-17 Contingent — MAAR
• 2022-12-31 Listed $109,500 MAAR
• 2018-05-24 Sold (Public Records) $58,500 Public Records
• 2018-05-23 Sold (MLS) $58,500 MAAR
• 2018-03-12 Listed $66,750 MAAR
• 2017-06-28 Listed $79,000 MAAR
• 2016-04-19 Listed $69,995 MAAR
• 2015-04-15 Listed $75,000 MAAR
• 2009-06-29 Listed $79,900 MAAR
• 2003-04-18 Sold (MLS) $76,250 MAAR
• 2003-01-24 Listed $72,500 MAAR

Property tax history

+13.5%/yr

Latest (2025): $936 · +5.1% YoY. Source: county tax records.