333 Janice St · Prattville, AL 36066

$199,900

3 bd · 1.0 ba · 1,520 sqft · SingleFamily public records · 27 Days on market

Built 1974 10,497 sqft lot Est $222k · 10% 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 +24.5/30.0
• ARV discount +12.0/15.0
• DSCR +7.9/10.0
• 1% rule +5.1/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Sitting on a corner lot in Overlook Estates, this 3 bedroom 2 full bath home is looking for someone to love it again. It is going to take a little work and some elbow grease, but this one definitely has great potential. Inside the front door is a large den area. The kitchen is open to the back living room and has additional space for an eating area. With a little demo and an open mind, these two areas could be opened up into one another for an amazing amount of entertaining space. Down the hallway are the three bedrooms and two full baths. The primary bedroom enjoys a walk in closet, vanity area and separate tub/shower - toilet area. The additional two bedrooms share the full bath in betwee

Key facts

• Large den area
• Fenced yard
• Walk in closet

Tags

• CORNER LOT
• LARGE DEN AREA
• OPEN KITCHEN
• GENEROUSLY SIZED YARD
• FENCED YARD
• WALK IN CLOSET

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electricity available; Cable available; High-speed internet available
• Home design: Single-story home
• Construction: Brick construction; Slab foundation; Built (year per public records)
• Exterior features: Patio; Storage; Partial fencing; Fence; Corner lot; City lot; Located in a subdivision; Public paved road frontage

Interior

• Kitchen: Dishwasher; Electric range; Range hood
• Bedrooms: Bedrooms located on the first floor
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 2 full bathrooms on the first floor
• Heating & cooling: Central heating (gas); Central air; Ceiling fan(s); Electric cooling
• Interior features: Blinds; Window treatments; Walk-in closet(s)
• Laundry & utility: Washer hookup; Dryer hookup; Laundry on the first floor

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $411 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $197k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 4.2% in Prattville — 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 76/100 on livability (#11 in AL, #3,273 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: amenities D, commute F.
• Autauga County (rural): math 23% / reading 50% proficiency, ranked #34 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.9%/yr); 235 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 221 units permitted in Autauga 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 $6k of value loss. Plan a longer hold.
• Autauga County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $74k; list at $200k implies a 169% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,901 (1.5% below list)

Questions for the listing agent

1. Built in 1974 — 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.01% ✓
• Cap rate: 8.76%
• Cash-on-cash: 8.81%
• DSCR: 1.39
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $221,920
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
220 Cynthia St	0.05mi	3/2.0	1,623 (+7%)	9mo	$224,000	$138	75
302 Janice St	0.20mi	3/2.0	1,471 (-3%)	12mo	$220,000	$150	72
323 Sheila Blvd	0.22mi	3/2.0	1,506 (-1%)	15mo	$225,000	$149	71
113 Lori St	0.28mi	4/2.0 (+1)	1,489 (-2%)	10mo	$195,000	$131	66
111 W Teri Ct	0.47mi	3/2.0	1,459 (-4%)	5mo	$245,000	$168	63
331 Janice St	0.02mi	3/2.0	1,706 (+12%)	15mo	$220,000	$129	62
298 Teri Ln	0.31mi	3/2.0	1,337 (-12%)	8mo	$157,000	$117	54
520 Sheila Blvd	0.74mi	3/2.0	1,560 (+3%)	5mo	$210,000	$135	53
146 Beth Manor Dr	0.25mi	4/2.0 (+1)	1,294 (-15%)	9mo	$182,500	$141	47
821 Sweet Ridge Rd	0.57mi	3/2.0	1,725 (+14%)	0mo	$259,900	$151	47
808 Sweetridge Rd	0.58mi	3/2.0	1,708 (+12%)	14mo	$260,000	$152	37
913 Silver Creek Cir	0.64mi	3/2.5	1,708 (+12%)	11mo	$249,999	$146	34

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 · 2.86% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.88×
• Total profit: $-6,612
• Equity at exit: $29,806

10-year hold

• IRR: 6.4%
• Equity multiple: 1.47×
• Total profit: $26,382
• Equity at exit: $17,284

Cash invested: $55,972 (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 36066

• Home prices YoY: -13.4%
• Rents YoY: 2.9%
• Active inventory: 235
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,010 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$46 /mo · $550/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $411

Break-even live

Break-even rent $1,490

Max offer price $199,900

Occupancy floor 75%

Sensitivity live

Price	-10% $524	-5% $467	+0% $411	+5% $354	+10% $298
Rent	-10% $252	-5% $331	+0% $411	+5% $490	+10% $570
Rate	-1.0pp $511	-0.5pp $462	base $411	+0.5pp $359	+1.0pp $306

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
113 Lori St Prattville, AL	4.0	2.0	1489	$1,700	$1.14	44d	1	0.25mi
790 Old Quarters Rd Prattville, AL	1.0–3.0	1.0–2.0	1146	$2,486	$2.17	14d	13	0.75mi
928 Running Brook Dr Prattville, AL	4.0	2.0	2048	$2,000	$0.98	14d	1	0.79mi
211 Lee Audis Ln Prattville, AL	4.0	2.0	2146	$2,500	$1.16	14d	1	0.89mi
710 Summer Ln Prattville, AL	3.0	2.0	1539	$1,600	$1.04	44d	1	0.93mi
110 Dellwood Ct Prattville, AL	3.0	2.0	1424	$1,700	$1.19	44d	1	0.98mi
761 Harbin Dr Prattville, AL	4.0	2.0	2191	$2,495	$1.14	14d	1	1.13mi
1122 Oates Rd Prattville, AL	3.0	2.0	1707	$1,656	$0.97	44d	1	1.25mi
498 Greystone Way Prattville, AL	3.0	2.0	1873	$1,750	$0.93	14d	1	1.30mi
2100 Legends Dr Prattville, AL	1.0–3.0	1.0–2.0	1315	$2,213	$1.68	14d	13	1.36mi
601 McQueen Village Rd Prattville, AL	1.0–3.0	1.0–2.0	937	$1,364	$1.45	14d	4	1.36mi
1291 Huie St Prattville, AL	3.0	2.0	1528	$1,761	$1.15	44d	1	1.40mi

Listing history 17 events

1. 2026-06-18
   days on market $199,900 Active 27 DOM
2. 2026-06-17
   days on market $199,900 Active 26 DOM
3. 2026-06-16
   days on market $199,900 Active 25 DOM
4. 2026-06-15
   days on market $199,900 Active 24 DOM
5. 2026-06-14
   days on market $199,900 Active 22 DOM
6. 2026-06-13
   days on market $199,900 Active 21 DOM
7. 2026-06-10
   days on market $199,900 Active 19 DOM
8. 2026-06-09
   days on market $199,900 Active 18 DOM
9. 2026-06-08
   days on market $199,900 Active 17 DOM
10. 2026-06-07
    days on market $199,900 Active 16 DOM
11. 2026-06-03
    days on market $199,900 Active 12 DOM
12. 2026-06-02
    days on market $199,900 Active 11 DOM
13. 2026-06-01
    days on market $199,900 Active 10 DOM
14. 2026-05-31
    days on market $199,900 Active 9 DOM
15. 2026-05-30
    days on market $199,900 Active 8 DOM
16. 2026-05-22
    listed $199,900 Active
17. 1999-11-02
    soldstatus $74,260

ⓘ 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: $550 · $46/mo
• Projected year-2 tax: $820 · $68/mo
• Expected delta: +$270/yr (+$22/mo · 49.1%)

ⓘ 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 7/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,123
• − Mortgage interest: −$11,198
• − Property taxes: −$550
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,930
• − Management: −$1,930
• − Depreciation: −$5,815
• Taxable income: $1,701
• Est. tax owed @ 24.0%: −$408
• After-tax cash flow: $4,520/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: Autauga County
• NCES district ID: 0100240
• Math proficiency: 23% ▼ -31.00%
• Reading proficiency: 50% ▼ -5.00%
• Median HH income: $52,974
• Composite: 31.77/100
• National rank: #5892
• State rank: #34 of 129 in AL

Livability — Prattville

• Score: 76/100
• State rank: #11
• US rank: #3273

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prattville, AL
• County: Autauga County · 50,925 people
• City population: 50,925
• Metro: Montgomery, AL
• Population (ZIP): 22,632
• Household income: $86,278
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 683.0

Population outlook (Autauga County) Hauer SSP2

• Today (2025): 55,958 people
• By 2030: 55,810 · -0.3%
• By 2040: 54,892 · -1.9%
• By 2050: 53,062 · -5.2%
• By 2075: 49,425 · -11.7%
• By 2100: 45,110 · -19.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 5% Hispanic / Latino 4% Asian 2%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Spanish 3% Other Asian/Pacific 1% Tagalog/Filipino 1%

Political lean MEDSL · Autauga

• 2024 margin: Solid R (+46.3) · D 26.4% · R 72.7%
• 2008→2024 swing: +1.6pp toward D · 2008: -47.8pp · 2024: -46.3pp
• All cycles: 2024: R+46.3 2020: R+44.4 2016: R+49.5 2012: R+46.0 2008: R+47.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.80%
• Current HPI: 198.2636
• Rent YoY: ▲ 2.86%
• 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

+169.2% since first listed

2 events — show timeline

• 2026-05-22 Listed $199,900 MAAR
• 1999-11-02 Sold (Public Records) $74,260 Public Records