534 Henry Taylor Rd · New Market, AL 35761

$195,000

3 bd · 1.0 ba · 1,284 sqft · SingleFamily public records · 31 Days on market

Built 2001 1.19 ac lot Est $221k · 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 +23.6/30.0
• ARV discount +12.8/15.0
• DSCR +7.6/10.0
• 1% rule +4.9/10.0
• Schools +3.7/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful move-in ready ranch-style home on large 1.19-acre lot with 3BR/2BA, recently updated, fresh paint, new Laminate Floor. Kitchen with lots of cabinets, granite counters, backsplash and stainless-steel appliances.

Key facts

• 1.19 acre lot
• 2 garage spots
• Built 2001

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $368 ($4k/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 $193k (1.0% below list).
• Recommended offer: $189k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 4.1% in New Market — 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 60/100 on livability (#304 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing B; Watch: amenities F, commute F, employment F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Walnut Grove School (math 22% / reading 62%, grade F, #213 of 627 statewide, top 37%, 282 students, 57% FRL); Meridianville Middle School (math 19% / reading 62%, grade F, #56 of 257 statewide, top 22%, 724 students, 45% FRL); Hazel Green High School (math 23% / reading 31%, grade F, #90 of 305 statewide, top 35%, 1,348 students, 42% FRL) — zoned schools average 48% FRL vs 29% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 391 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 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.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y 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.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,150 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.99% ✗
• Cap rate: 8.56%
• Cash-on-cash: 8.09%
• DSCR: 1.36
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $220,848
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
534 Henry Taylor Rd	0.00mi	3/2.0	1,300 (+1%)	0mo	$185,000	$142	94
566 Henry Taylor Rd	0.08mi	3/2.0	1,237 (-4%)	3mo	$230,000	$186	84
101 Green Lea Ln	0.24mi	3/2.0	1,272 (-1%)	1mo	$239,000	$188	83
134 Meadow Green Dr	0.10mi	3/2.0	1,195 (-7%)	4mo	$241,000	$202	77
558 Henry Taylor Rd	0.06mi	3/2.0	1,247 (-3%)	19mo	$215,000	$172	72
2387 Walker Ln	0.41mi	3/2.0	1,243 (-3%)	7mo	$205,000	$165	66
100 Meadow Green Dr	0.42mi	3/2.0	1,247 (-3%)	12mo	$215,000	$172	62

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: -4.0%
• Equity multiple: 0.85×
• Total profit: $-8,234
• Equity at exit: $29,075

10-year hold

• IRR: 5.6%
• Equity multiple: 1.42×
• Total profit: $22,672
• Equity at exit: $16,860

Cash invested: $54,600 (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 35761

• Home prices YoY: -9.3%
• Active inventory: 391
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,931 medium
• Mortgage (P&I): −$1,023
• Tax from tax record: −$53 /mo · $639/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$405
• Net cashflow: $368

Break-even live

Break-even rent $1,465

Max offer price $195,000

Occupancy floor 76%

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
143 Flintlock Way New Market, AL	4.0	2.0	1844	$1,700	$0.92	43d	1	1.11mi
137 Flintlock Way New Market, AL	4.0	2.0	1835	$1,675	$0.91	43d	1	1.15mi

Listing history 8 events

1. 2026-04-22
   status Pending
2. 2026-03-22
   listed $195,000 Active
3. 2023-07-19
   soldstatus $220,000 Sold 220-char remark

   Show marketing remark (220 chars)

   Beautiful move-in ready ranch-style home on large 1.19-acre lot with 3BR/2BA, recently updated, fresh paint, new Laminate Floor. Kitchen with lots of cabinets, granite counters, backsplash and stainless-steel appliances.

4. 2023-06-02
   historical Contingent 220-char remark

   Show marketing remark (220 chars)

   Beautiful move-in ready ranch-style home on large 1.19-acre lot with 3BR/2BA, recently updated, fresh paint, new Laminate Floor. Kitchen with lots of cabinets, granite counters, backsplash and stainless-steel appliances.

5. 2023-05-24
   listed $214,900 Active 220-char remark

   Show marketing remark (220 chars)

   Beautiful move-in ready ranch-style home on large 1.19-acre lot with 3BR/2BA, recently updated, fresh paint, new Laminate Floor. Kitchen with lots of cabinets, granite counters, backsplash and stainless-steel appliances.

6. 2017-11-17
   soldstatus $118,000 225-char remark

   Show marketing remark (225 chars)

   Remodeled home sitting on large 1.19 acre lot. Large greenroom w/ tall cathedral ceiling and corner tiled fireplace. New carpet, tile, laminate, hardware, granite, plumbing fixtures, appliances, and light fixtures throughout.

7. 2017-10-02
   listed $114,900 225-char remark

   Show marketing remark (225 chars)

   Remodeled home sitting on large 1.19 acre lot. Large greenroom w/ tall cathedral ceiling and corner tiled fireplace. New carpet, tile, laminate, hardware, granite, plumbing fixtures, appliances, and light fixtures throughout.

8. 2017-08-24
   soldstatus $73,000

ⓘ 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: $639 · $53/mo
• Projected year-2 tax: $800 · $67/mo
• Expected delta: +$161/yr (+$13/mo · 25.2%)

ⓘ 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 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,169
• − Mortgage interest: −$10,923
• − Property taxes: −$639
• − Insurance: −$975
• − Repairs & maintenance: −$1,854
• − Management: −$1,854
• − Depreciation: −$5,673
• Taxable income: $1,253
• Est. tax owed @ 24.0%: −$301
• After-tax cash flow: $4,118/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: Madison County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — New Market

• Score: 60/100
• State rank: #304
• US rank: #19258

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Madison County · 380,832 people
• City population: 13,557
• Metro: Huntsville, AL
• Population (ZIP): 13,557
• Household income: $79,440
• Rent vs Own: 17.5% rent · 82.5% own
• Severe rent burden: 220.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 15% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Italian 3% Serbian 2% Iranian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -26.88%
• Current HPI: 261.8281
• Rent YoY: —
• Metro: Huntsville, 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

+167.1% since first listed

8 events — show timeline

• 2026-04-22 Pending — VMLS
• 2026-03-22 Listed $195,000 VMLS
• 2023-07-19 Sold (MLS) $220,000 VMLS
• 2023-06-02 Contingent — VMLS
• 2023-05-24 Listed $214,900 VMLS
• 2017-11-17 Sold (MLS) $118,000 VMLS
• 2017-10-02 Listed $114,900 VMLS
• 2017-08-24 Sold (Public Records) $73,000 Public Records

Property tax history

+7.0%/yr

Latest (2024): $639 · -40.6% YoY. Source: county tax records.