121 S Ann St · Enterprise, AL 36330

$154,900

3 bd · 1.5 ba · 1,674 sqft · SingleFamily public records · 27 Days on market

Built 1957 0.40 ac lot Est $241k · 36% under

---

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 +29.1/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +6.9/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Darling home situated on a large corner lot, in an established neighborhood. Owner updated kitchen with new countertops, cabinet fronts & new hardware in Jan. 2021. New stove & microwave in Jan. 2021. Dine in kitchen. New laminate flooring in Jan. 2021 in kitchen makes the white cabinets pop. Original hardwood flooring in bedrooms & living room. Laminate flooring in bonus area w/ fireplace. Tile in bathrooms & oversized laundry room. Laundry room is HUGE & is complete with washer & dryer (new in Jan. 2021) & has plenty of room for extra storage or even space for craft area. Bedrooms have ceiling fans & plenty of room for large beds. Interior of home was freshly painted in January 2021. Newer windows. Landscaping added to around home to give added charm. Two gray couches (new in Jan. 2021) will be left at no cost to new owner. Home is move in ready.

Key facts

• 0.4 acre lot
• Parking
• Built 1957

Property features AI

Exterior

• Parking: Driveway
• Utilities: Cable available; Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story house; Brick and wood siding construction; Located outside city limits
• Construction: Built (year source: public records)
• Exterior features: Front porch

Interior

• Kitchen: Water heater listed (appliance)
• Bedrooms: Total rooms: 4
• Flooring: Tile; Wood
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Tile and wood flooring

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $536 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $153k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.4% vs local median 4.2% in Enterprise — 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 (#127 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Enterprise City (town): math 40% / reading 60% proficiency, ranked #12 of 129 in AL (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.9%/yr); 441 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 137 units permitted in Coffee County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.9% rent growth), your $43k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 19y 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 $122k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% 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 $152,576 (1.5% below list)

Questions for the listing agent

1. Built in 1957 — 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. 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?
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: 1.19% ✓
• Cap rate: 10.44%
• Cash-on-cash: 14.82%
• DSCR: 1.66
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $241,056
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
119 Kitty Hawk Loop	0.06mi	4/2.0 (+1)	1,773 (+6%)	3mo	$256,000	$144	78
119 Kitty Hawk Loop	0.06mi	4/2.0 (+1)	1,773 (+6%)	3mo	$256,000	$144	78
100 Firethorn Way	0.33mi	3/2.0	1,713 (+2%)	3mo	$299,775	$175	76
124 Kitty Hawk Loop	0.10mi	4/2.0 (+1)	1,773 (+6%)	3mo	$256,000	$144	76
101 Orchid Way	0.35mi	3/2.0	1,713 (+2%)	3mo	$299,775	$175	75
304 Warren Rd	0.42mi	3/2.0	1,650 (-1%)	3mo	$140,000	$85	74
200 Lavender Dr	0.34mi	3/2.0	1,617 (-3%)	5mo	$286,209	$177	73
201 Alabama St	0.41mi	3/2.0	1,640 (-2%)	4mo	$85,000	$52	73
102 Orchid Way	0.38mi	4/2.0 (+1)	1,723 (+3%)	2mo	$308,417	$179	69
301 Camellia Dr	0.32mi	3/2.0	1,460 (-13%)	1mo	$172,900	$118	61
509 Tartan Way	0.70mi	3/2.5	1,800 (+8%)	0mo	$297,000	$165	51
613 W College St	0.61mi	3/2.5	1,876 (+12%)	5mo	$195,000	$104	44

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 · 3.92% rent growth · sell at horizon

5-year hold

• IRR: 6.3%
• Equity multiple: 1.25×
• Total profit: $10,665
• Equity at exit: $23,096

10-year hold

• IRR: 16.3%
• Equity multiple: 2.39×
• Total profit: $60,145
• Equity at exit: $13,393

Cash invested: $43,372 (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 36330

• Home prices YoY: -19.4%
• Rents YoY: 3.9%
• Active inventory: 441
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,843 medium
• Mortgage (P&I): −$812
• Tax from tax record: −$44 /mo · $526/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $536

Break-even live

Break-even rent $1,165

Max offer price $154,900

Occupancy floor 66%

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
123 Rosemount Ct Enterprise, AL	3.0	2.0	2151	$2,000	$0.93	43d	1	0.47mi
157 Rosemount Ct Enterprise, AL	3.0	2.0	2125	$2,200	$1.04	43d	1	0.54mi
618 N Rawls St Enterprise, AL	3.0	1.0	1140	$975	$0.86	43d	1	1.11mi
100 Farm Creek Rd Enterprise, AL	2.0	2.0	1080	$1,268	$1.17	43d	3	1.47mi

Listing history 34 events

1. 2026-06-19
   days on market $154,900 Active 27 DOM
2. 2026-06-18
   days on market $154,900 Active 26 DOM
3. 2026-06-17
   days on market $154,900 Active 25 DOM
4. 2026-06-16
   days on market $154,900 Active 24 DOM
5. 2026-06-15
   days on market $154,900 Active 23 DOM
6. 2026-06-14
   days on market $154,900 Active 21 DOM
7. 2026-06-12
   days on market $154,900 Active 20 DOM
8. 2026-06-09
   days on market $154,900 Active 17 DOM
9. 2026-06-08
   days on market $154,900 Active 16 DOM
10. 2026-06-07
    days on market $154,900 Active 15 DOM
11. 2026-06-05
    days on market $154,900 Active 12 DOM
12. 2026-06-03
    days on market $154,900 Active 11 DOM
13. 2026-06-02
    days on market $154,900 Active 10 DOM
14. 2026-06-01
    days on market $154,900 Active 9 DOM
15. 2026-05-31
    days on market $154,900 Active 8 DOM
16. 2026-05-30
    days on market $154,900 Active 7 DOM
17. 2026-05-23
    listed $154,900 Active
18. 2021-07-07
    soldstatus $122,000 909-char remark

    Show marketing remark (909 chars)

    Darling home situated on a large corner lot, in an established neighborhood. Owner updated kitchen with new countertops, cabinet fronts & new hardware in Jan. 2021. New stove & microwave in Jan. 2021. Dine in kitchen. New laminate flooring in Jan. 2021 in kitchen makes the white cabinets pop. Original hardwood flooring in bedrooms & living room. Laminate flooring in bonus area w/ fireplace. Tile in bathrooms & oversized laundry room. Laundry room is HUGE & is complete with washer & dryer (new in Jan. 2021) & has plenty of room for extra storage or even space for craft area. Bedrooms have ceiling fans & plenty of room for large beds. Interior of home was freshly painted in January 2021. Newer windows. Landscaping added to around home to give added charm. Two gray couches (new in Jan. 2021) will be left at no cost to new owner. Home is move in ready.

19. 2021-07-07
    soldstatus $122,000 909-char remark

    Show marketing remark (909 chars)

    Darling home situated on a large corner lot, in an established neighborhood. Owner updated kitchen with new countertops, cabinet fronts & new hardware in Jan. 2021. New stove & microwave in Jan. 2021. Dine in kitchen. New laminate flooring in Jan. 2021 in kitchen makes the white cabinets pop. Original hardwood flooring in bedrooms & living room. Laminate flooring in bonus area w/ fireplace. Tile in bathrooms & oversized laundry room. Laundry room is HUGE & is complete with washer & dryer (new in Jan. 2021) & has plenty of room for extra storage or even space for craft area. Bedrooms have ceiling fans & plenty of room for large beds. Interior of home was freshly painted in January 2021. Newer windows. Landscaping added to around home to give added charm. Two gray couches (new in Jan. 2021) will be left at no cost to new owner. Home is move in ready.

20. 2021-05-03
    listed $124,000 909-char remark

    Show marketing remark (909 chars)

    Darling home situated on a large corner lot, in an established neighborhood. Owner updated kitchen with new countertops, cabinet fronts & new hardware in Jan. 2021. New stove & microwave in Jan. 2021. Dine in kitchen. New laminate flooring in Jan. 2021 in kitchen makes the white cabinets pop. Original hardwood flooring in bedrooms & living room. Laminate flooring in bonus area w/ fireplace. Tile in bathrooms & oversized laundry room. Laundry room is HUGE & is complete with washer & dryer (new in Jan. 2021) & has plenty of room for extra storage or even space for craft area. Bedrooms have ceiling fans & plenty of room for large beds. Interior of home was freshly painted in January 2021. Newer windows. Landscaping added to around home to give added charm. Two gray couches (new in Jan. 2021) will be left at no cost to new owner. Home is move in ready.

21. 2021-05-03
    listed $124,000 909-char remark

    Show marketing remark (909 chars)

    Darling home situated on a large corner lot, in an established neighborhood. Owner updated kitchen with new countertops, cabinet fronts & new hardware in Jan. 2021. New stove & microwave in Jan. 2021. Dine in kitchen. New laminate flooring in Jan. 2021 in kitchen makes the white cabinets pop. Original hardwood flooring in bedrooms & living room. Laminate flooring in bonus area w/ fireplace. Tile in bathrooms & oversized laundry room. Laundry room is HUGE & is complete with washer & dryer (new in Jan. 2021) & has plenty of room for extra storage or even space for craft area. Bedrooms have ceiling fans & plenty of room for large beds. Interior of home was freshly painted in January 2021. Newer windows. Landscaping added to around home to give added charm. Two gray couches (new in Jan. 2021) will be left at no cost to new owner. Home is move in ready.

22. 2021-01-20
    soldstatus $98,000
23. 2021-01-15
    soldstatus $98,000 510-char remark

    Show marketing remark (510 chars)

    Great 3 bedroom, 1 1/2 bath home in well established neighborhood on huge corner lot in Enterprise, AL. Home interior has recently been repainted a calming gray color through out. Home has original hardwood floors in living room and bedrooms. Great bonus room with new vinyl planks and a wood burning fireplace. Large eat in kitchen with space for a breakfast nook. Features a large laundry room; the roof was replaced in 2007 and home has new windows. Check the Virtual Tour of this home for more information!

24. 2021-01-15
    soldstatus $98,000 510-char remark

    Show marketing remark (510 chars)

    Great 3 bedroom, 1 1/2 bath home in well established neighborhood on huge corner lot in Enterprise, AL. Home interior has recently been repainted a calming gray color through out. Home has original hardwood floors in living room and bedrooms. Great bonus room with new vinyl planks and a wood burning fireplace. Large eat in kitchen with space for a breakfast nook. Features a large laundry room; the roof was replaced in 2007 and home has new windows. Check the Virtual Tour of this home for more information!

25. 2020-11-23
    listed $104,000 510-char remark

    Show marketing remark (510 chars)

    Great 3 bedroom, 1 1/2 bath home in well established neighborhood on huge corner lot in Enterprise, AL. Home interior has recently been repainted a calming gray color through out. Home has original hardwood floors in living room and bedrooms. Great bonus room with new vinyl planks and a wood burning fireplace. Large eat in kitchen with space for a breakfast nook. Features a large laundry room; the roof was replaced in 2007 and home has new windows. Check the Virtual Tour of this home for more information!

26. 2020-11-23
    listed $104,000 510-char remark

    Show marketing remark (510 chars)

    Great 3 bedroom, 1 1/2 bath home in well established neighborhood on huge corner lot in Enterprise, AL. Home interior has recently been repainted a calming gray color through out. Home has original hardwood floors in living room and bedrooms. Great bonus room with new vinyl planks and a wood burning fireplace. Large eat in kitchen with space for a breakfast nook. Features a large laundry room; the roof was replaced in 2007 and home has new windows. Check the Virtual Tour of this home for more information!

27. 2020-07-18
    listed $110,000
28. 2020-07-18
    listed $110,000
29. 2019-02-22
    soldstatus $118,125
30. 2019-02-20
    soldstatus $67,500
31. 2018-12-12
    listed $79,900
32. 2018-12-12
    listed $79,900
33. 2007-07-23
    soldstatus $88,000
34. 2007-05-15
    listed $88,000

ⓘ 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: $526 · $44/mo
• Projected year-2 tax: $635 · $53/mo
• Expected delta: +$109/yr (+$9/mo · 20.8%)

ⓘ 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 8/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,120
• − Mortgage interest: −$8,677
• − Property taxes: −$526
• − Insurance: −$774
• − Repairs & maintenance: −$1,770
• − Management: −$1,770
• − Depreciation: −$4,506
• Taxable income: $4,097
• Est. tax owed @ 24.0%: −$983
• After-tax cash flow: $5,443/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: Enterprise City
• NCES district ID: 0101320
• Math proficiency: 40% ▼ -20.00%
• Reading proficiency: 60% ▲ 4.00%
• Median HH income: $51,311
• Composite: 42.83/100
• National rank: #3136
• State rank: #12 of 129 in AL

Livability — Enterprise

• Score: 65/100
• State rank: #127
• US rank: #12953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enterprise, AL
• County: Coffee County · 39,557 people
• City population: 39,557
• Metro: Enterprise, AL
• Population (ZIP): 39,557
• Household income: $75,765
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 1126.0

Population outlook (Coffee County) Hauer SSP2

• Today (2025): 53,133 people
• By 2030: 53,832 · +1.3%
• By 2040: 54,504 · +2.6%
• By 2050: 54,289 · +2.2%
• By 2075: 51,175 · -3.7%
• By 2100: 46,793 · -11.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 63% Black 17% Hispanic / Latino 13% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 3%
• Common ancestry: Italian 3% Lithuanian 2% Serbian 2%
• Foreign-born: 6% · Canada, Vietnam, South Korea
• Languages at home: 89% English-only · Spanish 8% German/W. Germanic 2%

Political lean MEDSL · Coffee

• 2024 margin: Solid R (+57.9) · D 20.7% · R 78.6%
• 2008→2024 swing: -9.0pp toward R · 2008: -48.9pp · 2024: -57.9pp
• All cycles: 2024: R+57.9 2020: R+53.1 2016: R+56.7 2012: R+49.4 2008: R+48.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.44%
• Current HPI: 184.0163
• Rent YoY: ▲ 3.92%
• Metro: Enterprise, 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

+76.0% since first listed

18 events — show timeline

• 2026-05-23 Listed $154,900 MAAR
• 2021-07-07 Sold (MLS) $122,000 WBR
• 2021-07-07 Sold (MLS) $122,000 MAAR
• 2021-05-03 Listed $124,000 WBR
• 2021-05-03 Listed $124,000 MAAR
• 2021-01-20 Sold (Public Records) $98,000 Public Records
• 2021-01-15 Sold (MLS) $98,000 WBR
• 2021-01-15 Sold (MLS) $98,000 MAAR
• 2020-11-23 Listed $104,000 WBR
• 2020-11-23 Listed $104,000 MAAR
• 2020-07-18 Listed $110,000 WBR
• 2020-07-18 Listed $110,000 MAAR
• 2019-02-22 Sold (Public Records) $118,125 Public Records
• 2019-02-20 Sold (MLS) $67,500 SAMLS
• 2018-12-12 Listed $79,900 WBR
• 2018-12-12 Listed $79,900 MAAR
• 2007-07-23 Sold (MLS) $88,000 MAAR
• 2007-05-15 Listed $88,000 MAAR

Property tax history

+5.4%/yr

Latest (2025): $526 · +1.5% YoY. Source: county tax records.