1015 Emory Pl · Anniston, AL 36207

$145,000

3 bd · 1.0 ba · 1,238 sqft · SingleFamily public records · 769 Days on market

Built 1983 0.29 ac lot $117/sqft · 20% below area Est $181k · 20% under ↓ 19% since listing

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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 +17.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +3.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

Key facts

• 0.29 acre lot
• 2 parking spots
• Built 1983

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $120 ($1k/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 $129k (10.7% below list).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 5.1% in Anniston — 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 58/100 on livability (#348 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D-, crime F, amenities F.
• Anniston City (urban): math 2% / reading 12% proficiency, ranked #128 of 129 in AL (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 87% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 124 active listings in the ZIP; 135 units permitted in Calhoun 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 $4k of value loss. Plan a longer hold.
• Calhoun County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 769 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask is 11983% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 769 days. Have you received any prior offers? Is the seller open to a 12% 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
6. 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.
7. 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.
8. 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: 0.89% ✗
• Cap rate: 7.29%
• Cash-on-cash: 3.55%
• DSCR: 1.16
• GRM: 9.3

CMA / ARV

• ARV (median comp): $180,775
• List price: $145,000
• Delta: -19.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4104 Greenbrier Dear Rd	0.42mi	3/1.5	1,323 (+7%)	4mo	$110,000	$83	64
805 Hilton Rd	0.44mi	3/2.0	1,405 (+14%)	5mo	$186,000	$132	49
3926 Russell Dr	0.42mi	3/2.0	1,347 (+9%)	17mo	$150,000	$111	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.8%
• Equity multiple: 0.61×
• Total profit: $-15,887
• Equity at exit: $21,620

10-year hold

• IRR: -1.5%
• Equity multiple: 0.90×
• Total profit: $-4,151
• Equity at exit: $12,537

Cash invested: $40,600 (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 36207

• Home prices YoY: -23.7%
• Active inventory: 124
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,295 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$82 /mo · $983/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $120

Break-even live

Break-even rent $1,143

Max offer price $145,000

Occupancy floor 86%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-05
   days on market $145,000 Active 769 DOM
2. 2026-06-02
   days on market $145,000 Active 767 DOM
3. 2026-06-01
   days on market $145,000 Active 766 DOM
4. 2026-05-31
   days on market $145,000 Active 765 DOM
5. 2026-05-30
   days on market $145,000 Active 764 DOM
6. 2026-04-19
   price $145,000 503-char remark

   Show marketing remark (503 chars)

   * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

7. 2026-04-02
   status Active 503-char remark

   Show marketing remark (503 chars)

   * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

8. 2026-03-21
   status Pending 503-char remark

   Show marketing remark (503 chars)

   * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

9. 2026-03-14
   status Active 503-char remark

   Show marketing remark (503 chars)

   * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

10. 2026-02-20
    status Pending 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

11. 2026-02-19
    historical $1,200
12. 2026-01-17
    price $139,900 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

13. 2025-11-10
    price $149,900 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

14. 2025-11-08
    listed $1,200
15. 2025-09-10
    price $159,900 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

16. 2025-04-14
    price $162,000 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

17. 2025-02-19
    price $164,500 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

18. 2025-02-18
    status Active 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

19. 2025-01-22
    status Pending 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

20. 2024-11-09
    status Active 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

21. 2024-10-28
    status Pending 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

22. 2024-10-09
    price $154,500 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

23. 2024-07-29
    price $159,900 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

24. 2024-06-06
    price $166,900 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

25. 2024-04-30
    price $169,900 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

26. 2024-04-15
    price $171,000 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

27. 2024-03-26
    price $175,000 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

28. 2024-02-13
    listed $179,000 Active 503-char remark

    Show marketing remark (503 chars)

    * * Just installed, new roof with Tamko XT Dimensional shingles. * * NEW A/C Unit just installed! Looking for a move in ready property? Freshly painted though out the house. Exterior of the house was repainted also. New carpet and flooring has been installed. This 3-bedroom & 2-bathroom ranch also has new light fixtures. Located in Golden Springs at the end of a cul-d-sac, it's minutes from I-20 and the Oxford Exchange. You'll fall in love with the private setting and fenced in backyard.

ⓘ 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: $983 · $82/mo
• Projected year-2 tax: $983 · $82/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,537
• − Mortgage interest: −$8,122
• − Property taxes: −$983
• − Insurance: −$725
• − Repairs & maintenance: −$1,243
• − Management: −$1,243
• − Depreciation: −$4,218
• Taxable loss: −$997
• Est. tax savings @ 24.0%: +$239
• After-tax cash flow: $1,681/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: Anniston City
• NCES district ID: 0100090
• Math proficiency: 2% ▼ -20.00%
• Reading proficiency: 12% ▼ -15.00%
• Median HH income: $31,824
• Composite: 5.36/100
• National rank: #10030
• State rank: #128 of 129 in AL

Livability — Anniston

• Score: 58/100
• State rank: #348
• US rank: #20680

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: Anniston, AL
• County: Calhoun County · 71,763 people
• City population: 19,220
• Metro: Anniston-Oxford, AL
• Population (ZIP): 19,220
• Household income: $67,969
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 486.0

Population outlook (Calhoun County) Hauer SSP2

• Today (2025): 109,765 people
• By 2030: 105,708 · -3.7%
• By 2040: 96,192 · -12.4%
• By 2050: 86,413 · -21.3%
• By 2075: 63,467 · -42.2%
• By 2100: 44,704 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 22% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Slovak 4% Italian 2% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Calhoun

• 2024 margin: Solid R (+44.8) · D 27.2% · R 71.9%
• 2008→2024 swing: -12.2pp toward R · 2008: -32.5pp · 2024: -44.8pp
• All cycles: 2024: R+44.8 2020: R+39.0 2016: R+41.4 2012: R+31.9 2008: R+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.85%
• Current HPI: 166.6999
• Rent YoY: —
• Metro: Anniston-Oxford, 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

-19.0% since first listed

23 events — show timeline

• 2026-04-19 Price Changed $145,000 Greater Alabama MLS
• 2026-04-02 Relisted — Greater Alabama MLS
• 2026-03-21 Pending — Greater Alabama MLS
• 2026-03-14 Relisted — Greater Alabama MLS
• 2026-02-20 Pending — Greater Alabama MLS
• 2026-02-19 Rental Removed $1,200 GALMLS
• 2026-01-17 Price Changed $139,900 Greater Alabama MLS
• 2025-11-10 Price Changed $149,900 Greater Alabama MLS
• 2025-11-08 Listed for Rent $1,200 GALMLS
• 2025-09-10 Price Changed $159,900 Greater Alabama MLS
• 2025-04-14 Price Changed $162,000 Greater Alabama MLS
• 2025-02-19 Price Changed $164,500 Greater Alabama MLS
• 2025-02-18 Relisted — Greater Alabama MLS
• 2025-01-22 Pending — Greater Alabama MLS
• 2024-11-09 Relisted — Greater Alabama MLS
• 2024-10-28 Pending — Greater Alabama MLS
• 2024-10-09 Price Changed $154,500 Greater Alabama MLS
• 2024-07-29 Price Changed $159,900 Greater Alabama MLS
• 2024-06-06 Price Changed $166,900 Greater Alabama MLS
• 2024-04-30 Price Changed $169,900 Greater Alabama MLS
• 2024-04-15 Price Changed $171,000 Greater Alabama MLS
• 2024-03-26 Price Changed $175,000 Greater Alabama MLS
• 2024-02-13 Listed $179,000 Greater Alabama MLS

Property tax history

+1.6%/yr

Latest (2025): $983 · -3.6% YoY. Source: county tax records.