410 Glover Ave · Enterprise, AL 36330

$129,000

2 bd · 2.0 ba · 1,320 sqft · SingleFamily public records · 85 Days on market

Built 1900 0.38 ac lot $98/sqft · 20% below area Est $161k · 20% 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 +16.0/30.0
• ARV discount +15.0/15.0
• DSCR +4.9/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming, updated 2-bedroom, 2-bath home located within walking distance of downtown shopping and restaurants. This versatile space features a new metal roof (2022), fresh interior and exterior paint, and stylish finishes throughout. The kitchen, bathrooms, and laundry room showcase gorgeous marble flooring, while the remaining rooms offer durable LVP flooring. The kitchen is a true highlight with granite countertops and a cozy dining area. With its prime location near downtown, the property may offer potential for office or business use while still providing the comfort and layout of a home. Whether you’re looking for a professional office space, boutique-style business location, investment opportunity, or a place close to everything downtown has to offer, this property offers flexibility and convenience. Seller will consider seller financing. Schedule your showing today!

Key facts

• New metal roof
• Cozy dining area
• Granite countertops

Tags

• NEW METAL ROOF
• GORGEOUS MARBLE FLOORING
• DURABLE LVP FLOORING
• GRANITE COUNTERTOPS
• COZY DINING AREA
• PRIME LOCATION NEAR DOWNTOWN

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $63 ($754/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 $104k (19.1% below list).
• Recommended offer: $104k (19.1% below list) — sets the bar for 1% rule.
• Cap rate 6.9% 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 45d 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).
• This rent is only 17% of the median local income ($76k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 5y 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 $42k; list at $129k implies a 207% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $104,422 (19.1% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.81% ✗
• Cap rate: 6.88%
• Cash-on-cash: 2.09%
• DSCR: 1.09
• GRM: 10.3

CMA / ARV

• ARV (median comp): $160,611
• List price: $129,000
• Delta: -19.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 Heath St	0.66mi	3/2.0 (+1)	1,288 (-2%)	13mo	$165,000	$128	49
213 Highland Dr	0.23mi	3/2.0 (+1)	1,516 (+15%)	14mo	$215,000	$142	48
200 Kelly St	0.50mi	3/1.5 (+1)	1,396 (+6%)	15mo	$115,000	$82	48
202 Andrews St	0.53mi	3/2.0 (+1)	1,396 (+6%)	16mo	$185,000	$133	48
234 Forest Ave	0.64mi	3/1.0 (+1)	1,219 (-8%)	2mo	$153,000	$126	47
200 Heath St	0.62mi	2/2.5	1,277 (-3%)	20mo	$162,000	$127	47
106 Hutchison St	0.41mi	3/2.0 (+1)	1,458 (+10%)	15mo	$122,500	$84	46
306 Heath St	0.65mi	3/1.0 (+1)	1,144 (-13%)	13mo	$145,000	$127	27

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: -12.2%
• Equity multiple: 0.56×
• Total profit: $-15,990
• Equity at exit: $19,234

10-year hold

• IRR: -2.0%
• Equity multiple: 0.86×
• Total profit: $-4,952
• Equity at exit: $11,154

Cash invested: $36,120 (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: 10.3×

Monthly cashflow live

• Estimated rent: $1,044 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$32 /mo · $382/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$219
• Net cashflow: $63

Break-even live

Break-even rent $965

Max offer price $129,000

Occupancy floor 89%

Sensitivity live

Price	-10% $136	-5% $99	+0% $63	+5% $26	+10% $-10
Rent	-10% $-20	-5% $22	+0% $63	+5% $104	+10% $145
Rate	-1.0pp $128	-0.5pp $96	base $63	+0.5pp $29	+1.0pp $-5

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
300 E Brunson St Enterprise, AL	2.0	1.0	900	$800	$0.89	44d	1	0.11mi
202 Mill Ave Enterprise, AL	3.0	1.0	980	$875	$0.89	44d	1	0.62mi
618 N Rawls St Enterprise, AL	3.0	1.0	1140	$975	$0.86	44d	1	0.64mi
102 Weeks Dr Unit 5 Enterprise, AL	2.0	1.5	950	$1,250	$1.32	44d	1	0.85mi

Listing history 39 events

1. 2026-06-19
   days on market $129,000 Active 85 DOM
2. 2026-06-18
   days on market $129,000 Active 84 DOM
3. 2026-06-17
   days on market $129,000 Active 83 DOM
4. 2026-06-16
   days on market $129,000 Active 82 DOM
5. 2026-06-15
   days on market $129,000 Active 81 DOM
6. 2026-06-14
   days on market $129,000 Active 79 DOM
7. 2026-06-12
   days on market $129,000 Active 78 DOM
8. 2026-06-09
   days on market $129,000 Active 75 DOM
9. 2026-06-08
   days on market $129,000 Active 74 DOM
10. 2026-06-07
    days on market $129,000 Active 73 DOM
11. 2026-06-05
    days on market $129,000 Active 70 DOM
12. 2026-06-03
    days on market $129,000 Active 69 DOM
13. 2026-06-02
    days on market $129,000 Active 68 DOM
14. 2026-06-01
    days on market $129,000 Active 67 DOM
15. 2026-05-31
    days on market $129,000 Active 66 DOM
16. 2026-05-30
    days on market $129,000 Active 65 DOM
17. 2026-05-12
    status Pending 907-char remark

    Show marketing remark (907 chars)

    Welcome to this charming, updated 2-bedroom, 2-bath home located within walking distance of downtown shopping and restaurants. This versatile space features a new metal roof (2022), fresh interior and exterior paint, and stylish finishes throughout. The kitchen, bathrooms, and laundry room showcase gorgeous marble flooring, while the remaining rooms offer durable LVP flooring. The kitchen is a true highlight with granite countertops and a cozy dining area. With its prime location near downtown, the property may offer potential for office or business use while still providing the comfort and layout of a home. Whether you’re looking for a professional office space, boutique-style business location, investment opportunity, or a place close to everything downtown has to offer, this property offers flexibility and convenience. Seller will consider seller financing. Schedule your showing today!

18. 2026-04-15
    price $129,000 907-char remark

    Show marketing remark (907 chars)

    Welcome to this charming, updated 2-bedroom, 2-bath home located within walking distance of downtown shopping and restaurants. This versatile space features a new metal roof (2022), fresh interior and exterior paint, and stylish finishes throughout. The kitchen, bathrooms, and laundry room showcase gorgeous marble flooring, while the remaining rooms offer durable LVP flooring. The kitchen is a true highlight with granite countertops and a cozy dining area. With its prime location near downtown, the property may offer potential for office or business use while still providing the comfort and layout of a home. Whether you’re looking for a professional office space, boutique-style business location, investment opportunity, or a place close to everything downtown has to offer, this property offers flexibility and convenience. Seller will consider seller financing. Schedule your showing today!

19. 2026-04-15
    price $127,000 907-char remark

    Show marketing remark (907 chars)

    Welcome to this charming, updated 2-bedroom, 2-bath home located within walking distance of downtown shopping and restaurants. This versatile space features a new metal roof (2022), fresh interior and exterior paint, and stylish finishes throughout. The kitchen, bathrooms, and laundry room showcase gorgeous marble flooring, while the remaining rooms offer durable LVP flooring. The kitchen is a true highlight with granite countertops and a cozy dining area. With its prime location near downtown, the property may offer potential for office or business use while still providing the comfort and layout of a home. Whether you’re looking for a professional office space, boutique-style business location, investment opportunity, or a place close to everything downtown has to offer, this property offers flexibility and convenience. Seller will consider seller financing. Schedule your showing today!

20. 2026-03-26
    price $129,000 907-char remark

    Show marketing remark (907 chars)

    Welcome to this charming, updated 2-bedroom, 2-bath home located within walking distance of downtown shopping and restaurants. This versatile space features a new metal roof (2022), fresh interior and exterior paint, and stylish finishes throughout. The kitchen, bathrooms, and laundry room showcase gorgeous marble flooring, while the remaining rooms offer durable LVP flooring. The kitchen is a true highlight with granite countertops and a cozy dining area. With its prime location near downtown, the property may offer potential for office or business use while still providing the comfort and layout of a home. Whether you’re looking for a professional office space, boutique-style business location, investment opportunity, or a place close to everything downtown has to offer, this property offers flexibility and convenience. Seller will consider seller financing. Schedule your showing today!

21. 2026-03-15
    listed $130,000 Active 907-char remark

    Show marketing remark (907 chars)

    Welcome to this charming, updated 2-bedroom, 2-bath home located within walking distance of downtown shopping and restaurants. This versatile space features a new metal roof (2022), fresh interior and exterior paint, and stylish finishes throughout. The kitchen, bathrooms, and laundry room showcase gorgeous marble flooring, while the remaining rooms offer durable LVP flooring. The kitchen is a true highlight with granite countertops and a cozy dining area. With its prime location near downtown, the property may offer potential for office or business use while still providing the comfort and layout of a home. Whether you’re looking for a professional office space, boutique-style business location, investment opportunity, or a place close to everything downtown has to offer, this property offers flexibility and convenience. Seller will consider seller financing. Schedule your showing today!

22. 2026-03-01
    historical $1,100
23. 2026-02-06
    price $1,100
24. 2025-12-01
    listed $1,000
25. 2025-08-24
    price $130,000
26. 2025-07-08
    listed $135,000 Active
27. 2023-07-22
    price $139,900
28. 2023-06-29
    listed $145,900 Active
29. 2023-06-29
    listed $139,900
30. 2023-04-20
    price $155,000
31. 2023-03-13
    price $164,900
32. 2023-03-10
    price $164,900
33. 2023-03-07
    listed $175,000 Active
34. 2023-03-06
    listed $155,000
35. 2023-03-06
    listed $175,000 Active
36. 2021-10-20
    soldstatus $42,000
37. 2021-10-20
    soldstatus $42,000
38. 2021-09-29
    listed $50,000
39. 2021-09-29
    listed $50,000

ⓘ 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: $382 · $32/mo
• Projected year-2 tax: $529 · $44/mo
• Expected delta: +$147/yr (+$12/mo · 38.3%)

ⓘ 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 3/10 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: $12,531
• − Mortgage interest: −$7,226
• − Property taxes: −$382
• − Insurance: −$645
• − Repairs & maintenance: −$1,002
• − Management: −$1,002
• − Depreciation: −$3,753
• Taxable loss: −$1,480
• Est. tax savings @ 24.0%: +$355
• After-tax cash flow: $1,109/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

+158.0% since first listed

23 events — show timeline

• 2026-05-12 Pending — WBR
• 2026-04-15 Price Changed $129,000 WBR
• 2026-04-15 Price Changed $127,000 WBR
• 2026-03-26 Price Changed $129,000 WBR
• 2026-03-15 Listed $130,000 WBR
• 2026-03-01 Rental Removed $1,100 APPFOLIO
• 2026-02-06 Price Changed $1,100 APPFOLIO
• 2025-12-01 Listed for Rent $1,000 APPFOLIO
• 2025-08-24 Price Changed $130,000 WBR
• 2025-07-08 Listed $135,000 WBR
• 2023-07-22 Price Changed $139,900 MAAR
• 2023-06-29 Listed $139,900 WBR
• 2023-06-29 Listed $145,900 MAAR
• 2023-04-20 Price Changed $155,000 MAAR
• 2023-03-13 Price Changed $164,900 SAMLS
• 2023-03-10 Price Changed $164,900 MAAR
• 2023-03-07 Listed $175,000 SAMLS
• 2023-03-06 Listed $175,000 MAAR
• 2023-03-06 Listed $155,000 WBR
• 2021-10-20 Sold (MLS) $42,000 MAAR
• 2021-10-20 Sold (MLS) $42,000 WBR
• 2021-09-29 Listed $50,000 MAAR
• 2021-09-29 Listed $50,000 WBR

Property tax history

+2.7%/yr

Latest (2025): $382 · -0.2% YoY. Source: county tax records.