119 Antique Rose Dr · Madison, AL 35758

$399,900

4 bd · 1.5 ba · 2,198 sqft · SingleFamily public records · 4 Days on market

Built 1998 Est $378k · 6% over

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Why this score? — see what drove the D- 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).

• Appreciation +10.0/10.0
• Cash flow +5.8/30.0
• Schools +5.6/10.0
• ARV discount +4.9/15.0
• Livability +3.8/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• 1% rule +0.3/10.0
• DSCR +0.2/10.0

Listing remarks

Traditional 2-story home in the heart of Madison City. This charming residence features 4 bedrooms and 3 bathrooms, with updated baths and new LVP flooring throughout. Enjoy a formal dining room for gatherings and a cozy living area with a gas fireplace. Step outside to a backyard built for relaxing and entertaining, unwind under the pergola on the back patio or gather around the fire pit. The privacy-fenced yard includes a handy storage shed. Convenient location close to schools, parks, shopping, and commuter routes. Move-in ready and easy to love.

Key facts

• 2 garage spots
• Built 1998
• Listed 4 days

Property features AI

Finance

• Other: Living area approximately 2,294 square feet; One gas-log fireplace
• HOA & community: No association; Subdivision: Kensington Estates; Community curbs

Exterior

• Parking: Two-car garage; Garage faces side
• Utilities: Public sewer
• Home design: Single-family residence; Two stories; Built in 1998; Residential property
• Construction: Vinyl siding; Slab foundation
• Exterior features: Treed lot; Detached building; Curb and gutters; Sidewalk; Underground utilities; Patio; Covered porch; Public water

Interior

• Kitchen: Range; Dishwasher; Microwave; Refrigerator
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: Fireplace with gas log; 9 total rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $400k.

Deal economics

• At list price, monthly cash flow is $-799 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $259k (35.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (47.5% below list).
• Recommended offer: $210k (47.5% below list) — sets the bar for 1% rule.
• Cap rate 3.9% vs local median 2.6% in Madison — 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 (#12 in AL, #3,280 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime B+; Watch: amenities F, commute F.
• Madison City (suburban): math 51% / reading 71% proficiency, ranked #4 of 129 in AL (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Zoned schools: Rainbow Elementary School (math 52% / reading 76%, grade B, #44 of 627 statewide, top 7%, 926 students, 18% FRL); Discovery Middle School (math 46% / reading 69%, grade B, #13 of 257 statewide, top 5%, 1,334 students, 25% FRL); Bob Jones High School (math 53% / reading 51%, grade D+, #11 of 305 statewide, top 4%, 1,920 students, 24% FRL).
• Market conditions: Rents rising (+1.6%/yr); 382 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $43k of equity ($3k loan paydown + $40k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$69k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

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 $210,126 (47.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.53% ✗
• Cap rate: 3.89%
• Cash-on-cash: -8.57%
• DSCR: 0.62
• GRM: 15.9

CMA / ARV

• ARV (on-the-fly): $378,056
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
141 Antique Rose Dr	0.17mi	3/2.0 (-1)	2,281 (+4%)	3mo	$375,000	$164	76
663 Gooch Ln	0.50mi	4/2.0	2,171 (-1%)	8mo	$360,000	$166	66
102 Appaloosa Ct	0.37mi	4/2.0	2,045 (-7%)	6mo	$324,000	$158	64
102 Medicine Bend Ct	0.51mi	4/2.5	2,060 (-6%)	1mo	$400,000	$194	61
231 Pebble Brook Dr	0.40mi	3/3.0 (-1)	2,170 (-1%)	9mo	$408,000	$188	61
215 Pebblebrook Dr	0.45mi	4/2.5	2,312 (+5%)	7mo	$422,950	$183	61
109 Sleepy Hollow Ln	0.35mi	4/2.0	1,942 (-12%)	5mo	$327,500	$169	58
166 Brass Oak Dr	0.66mi	4/2.5	2,362 (+8%)	1mo	$354,000	$150	52
120 Brownstone Dr	0.39mi	4/3.0	2,500 (+14%)	6mo	$410,000	$164	48
112 Ramble Cir	0.62mi	5/2.5 (+1)	2,431 (+11%)	0mo	$450,000	$185	44
165 Brass Oak Dr	0.62mi	5/2.0 (+1)	2,001 (-9%)	7mo	$345,000	$172	43
104 Brookdel Dr	0.49mi	5/2.5 (+1)	2,505 (+14%)	3mo	$450,000	$180	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 1.58% rent growth · sell at horizon

5-year hold

• IRR: 17.9%
• Equity multiple: 2.46×
• Total profit: $163,776
• Equity at exit: $360,262

10-year hold

• IRR: 16.6%
• Equity multiple: 5.61×
• Total profit: $516,351
• Equity at exit: $776,918

Cash invested: $111,972 (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 35758

• Home prices YoY: 4.2%
• Rents YoY: 1.6%
• Active inventory: 382
• Price-to-rent: 15.9×

Monthly cashflow live

• Estimated rent: $2,101 high
• Mortgage (P&I): −$2,097
• Tax from tax record: −$195 /mo · $2,346/yr
• Insurance: −$167
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $-799

Break-even live

Break-even rent $3,113

Max offer price $258,712

Occupancy floor —

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: $99,975
• Closing costs: $11,997
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
110 Wildweed Ct Madison, AL	3.0	2.0	1481	$1,750	$1.18	43d	1	0.17mi
111 Tumbleweed Dr Madison, AL	4.0	2.0	2010	$2,450	$1.22	13d	1	0.38mi
649 Gooch Ln Madison, AL	4.0	2.0	1913	$2,061	$1.08	43d	1	0.40mi
333 Hay Rake Dr Madison, AL	3.0	2.5	2047	$2,200	$1.07	13d	1	0.73mi
333 Hay Rake Dr Unit 1 Madison, AL	3.0	3.0	2047	$2,200	$1.07	23d	1	0.73mi
318 Cornstalk CIR Madison, AL	3.0	2.0	1837	$1,995	$1.09	43d	1	0.97mi
318 Cornstalk CIR Madison, AL	3.0	2.0	1837	$1,895	$1.03	23d	1	0.97mi
217 John Clift CIR Madison, AL	4.0	3.0	2503	$2,800	$1.12	13d	1	0.97mi
6079 Wall Triana Hwy Madison, AL	3.0	2.0	1630	$2,100	$1.29	43d	1	0.97mi
206 Osceola Cir Madison, AL	3.0	2.0	1850	$1,850	$1.00	43d	1	0.97mi
311 Cornstalk Cir Madison, AL	3.0	2.0	1850	$1,995	$1.08	43d	1	0.99mi
309 Cornstalk CIR Madison, AL	3.0	2.0	1850	$1,995	$1.08	43d	1	1.00mi
204 Stockyard CIR Madison, AL	4.0	2.0	2106	$2,300	$1.09	13d	1	1.00mi
104 Kings Cross Dr Madison, AL	3.0	2.0	1905	$2,050	$1.08	23d	1	1.01mi
104 Kings Cross Dr Madison, AL	3.0	2.0	1906	$2,050	$1.08	43d	1	1.01mi
106 Champions Green Dr Madison, AL	3.0	2.0	1950	$1,995	$1.02	23d	1	1.01mi
112 Willow Rose Ln Madison, AL	4.0	2.0	2106	$2,500	$1.19	23d	1	1.15mi
102 McDermotts Way Madison, AL	3.0	2.0	1462	$1,675	$1.15	14d	1	1.16mi
403 Barrington Hills Dr Madison, AL	4.0	2.0	1820	$1,950	$1.07	21d	1	1.23mi
5541 Promenade Point Pkwy NW Madison, AL	1.0–3.0	1.0–2.0	1556	$2,300	$1.48	21d	1	1.26mi
109 DuPont Cir Madison, AL	3.0	2.0	1725	$1,895	$1.10	14d	1	1.26mi
115 Clift Creek DR Madison, AL	4.0	3.0	1943	$2,495	$1.28	13d	1	1.27mi
206 Stockyard CIR Madison, AL	3.0	2.0	1703	$2,234	$1.31	43d	1	1.28mi
212 Stockyard CIR Madison, AL	5.0	2.5	2360	$2,634	$1.12	43d	1	1.29mi
207 Stockyard CIR Madison, AL	4.0	3.0	1943	$2,350	$1.21	43d	1	1.29mi
114 Clover Ridge Dr Madison, AL	3.0	2.0	2002	$2,250	$1.12	43d	1	1.31mi
137 Clover Ridge Dr Madison, AL	3.0	2.0	1860	$1,850	$0.99	14d	1	1.38mi
500 Oval Ave NW Madison, AL	2.0–4.0	2.5–3.0	1776	$2,645	$1.49	13d	50	1.44mi
110 Markum Ln Madison, AL	3.0	2.0	1937	$2,100	$1.08	43d	1	1.48mi

Listing history 3 events

1. 2026-06-08
   status $399,900 Pending 4 DOM
2. 2026-06-07
   remarks 555-char remark
3. 2026-06-07
   listed $399,900 Active 4 DOM

ⓘ 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: $2,346 · $195/mo
• Projected year-2 tax: $2,346 · $195/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,215
• − Mortgage interest: −$22,401
• − Property taxes: −$2,346
• − Insurance: −$2,000
• − Repairs & maintenance: −$2,017
• − Management: −$2,017
• − Depreciation: −$11,633
• Taxable loss: −$17,199
• Est. tax savings @ 24.0%: +$4,128
• After-tax cash flow: $-5,463/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 City
• NCES district ID: 0100008
• Math proficiency: 51% ▼ -25.00%
• Reading proficiency: 71% ▼ -2.00%
• Median HH income: $89,091
• Composite: 55.56/100
• National rank: #1238
• State rank: #4 of 129 in AL

Livability — Madison

• Score: 76/100
• State rank: #12
• US rank: #3280

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, AL
• County: Madison County · 380,832 people
• City population: 93,742
• Metro: Huntsville, AL
• Population (ZIP): 50,266
• Household income: $117,380
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 875.0

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 (68%)
• Race & ethnicity: White 68% Black 14% Hispanic / Latino 8% Asian 7% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, South Korea, Vietnam
• Languages at home: 87% English-only · Spanish 5% Other Asian/Pacific 2% Chinese 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: ▲ 14.46%
• Current HPI: 355.2784
• Rent YoY: ▲ 1.58%
• 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

+105.1% since first listed

4 events — show timeline

• 2026-06-04 Listed $399,900 VMLS
• 2011-06-06 Sold (Public Records) $378,600 Public Records
• 2007-10-30 Sold (Public Records) $367,200 Public Records
• 2006-07-10 Sold (Public Records) $195,000 Public Records

Property tax history

+8.2%/yr

Latest (2024): $2,346 · +10.0% YoY. Source: county tax records.