1711 Wood Ave SE · Attalla, AL 35954

$103,800

3 bd · 2.0 ba · 1,575 sqft · SingleFamily · 96 Days on market

0.50 ac lot ↓ 26% since listing

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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).

• Cash flow +20.5/30.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• 1% rule +5.4/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newly renovated home in Attalla, AL. This 3-bedroom 2 full bath home sits on just over a . 50 Acre lot and includes a large, detached garage in the back. This semi-open floor plan has plenty of natural light and a large stone fireplace as the center piece of the living room. Inside the home you have new flooring, fresh paint, fully remodeled kitchen, remodeled bathrooms, new light fixtures, recessed lighting, ceiling fans, and so much more. Moving back outside there is a nice size covered patio in the back. The perfect place to enjoy a backyard barbecue. This home won't last long. Give me a call today and schedule your private viewing.

Key facts

• Cozy kitchen
• Sunken living room
• Rock fp

Tags

• SUNKEN LIVING ROOM
• ROCK FP
• COZY KITCHEN
• REAR PATIO
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $104k.

Deal economics

• At list price, monthly cash flow is $136 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $104k).
• Recommended offer: $94k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.2% in Attalla — 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 (#305 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Attalla City (suburban): math 9% / reading 39% proficiency, ranked #98 of 129 in AL (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Attalla Elementary School (math 12% / reading 46%, grade F, #379 of 627 statewide, top 61%, 700 students, 83% FRL); Etowah Middle School (math 6% / reading 41%, grade F, #172 of 257 statewide, top 68%, 366 students, 85% FRL); Etowah High School (math 12% / reading 17%, grade F, #220 of 305 statewide, top 77%, 472 students, 79% FRL) — zoned schools average 82% FRL vs 64% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 66 active listings in the ZIP; 119 units permitted in Etowah County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $718 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Etowah County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 96 days — a 9% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $81k (44%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $94,458 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% 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. 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?
7. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 7.87%
• Cash-on-cash: 5.62%
• DSCR: 1.25
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $207,900
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1711 Wood Ave SE	0.00mi	3/2.0	1,575 (0%)	0mo	$103,000	$65	100
1209 SE Wood Ave SE	0.45mi	3/2.0	1,379 (-12%)	11mo	$184,500	$134	49
485 Beasley Rd	0.72mi	3/2.0	1,536 (-2%)	17mo	$202,000	$132	48
201 Randolph St SE	0.72mi	3/1.0	1,380 (-12%)	19mo	$40,000	$29	26

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: -7.6%
• Equity multiple: 0.72×
• Total profit: $-8,131
• Equity at exit: $15,477

10-year hold

• IRR: 2.0%
• Equity multiple: 1.14×
• Total profit: $4,153
• Equity at exit: $8,975

Cash invested: $29,064 (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 35954

• Home prices YoY: -7.8%
• Active inventory: 66
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,080 medium
• Mortgage (P&I): −$544
• Tax est. 1.5%: −$130 /mo · $1,557/yr
• Insurance: −$43
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $136

Break-even live

Break-even rent $908

Max offer price $103,800

Occupancy floor 82%

Sensitivity live

Price	-10% $208	-5% $172	+0% $136	+5% $100	+10% $64
Rent	-10% $51	-5% $93	+0% $136	+5% $179	+10% $222
Rate	-1.0pp $188	-0.5pp $163	base $136	+0.5pp $109	+1.0pp $82

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: $25,950
• Closing costs: $3,114
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-04-23
   status Pending
2. 2026-04-16
   price $103,800
3. 2026-04-12
   status Active
4. 2026-03-16
   status Pending
5. 2026-02-18
   price $126,000
6. 2026-01-17
   price $157,500
7. 2025-12-23
   listed $185,000 Active
8. 2023-05-03
   soldstatus $152,200 Sold 643-char remark

   Show marketing remark (643 chars)

   Newly renovated home in Attalla, AL. This 3-bedroom 2 full bath home sits on just over a . 50 Acre lot and includes a large, detached garage in the back. This semi-open floor plan has plenty of natural light and a large stone fireplace as the center piece of the living room. Inside the home you have new flooring, fresh paint, fully remodeled kitchen, remodeled bathrooms, new light fixtures, recessed lighting, ceiling fans, and so much more. Moving back outside there is a nice size covered patio in the back. The perfect place to enjoy a backyard barbecue. This home won't last long. Give me a call today and schedule your private viewing.

9. 2023-03-22
   historical Contingent 643-char remark

   Show marketing remark (643 chars)

   Newly renovated home in Attalla, AL. This 3-bedroom 2 full bath home sits on just over a . 50 Acre lot and includes a large, detached garage in the back. This semi-open floor plan has plenty of natural light and a large stone fireplace as the center piece of the living room. Inside the home you have new flooring, fresh paint, fully remodeled kitchen, remodeled bathrooms, new light fixtures, recessed lighting, ceiling fans, and so much more. Moving back outside there is a nice size covered patio in the back. The perfect place to enjoy a backyard barbecue. This home won't last long. Give me a call today and schedule your private viewing.

10. 2023-03-17
    listed $139,900 Active 643-char remark

    Show marketing remark (643 chars)

    Newly renovated home in Attalla, AL. This 3-bedroom 2 full bath home sits on just over a . 50 Acre lot and includes a large, detached garage in the back. This semi-open floor plan has plenty of natural light and a large stone fireplace as the center piece of the living room. Inside the home you have new flooring, fresh paint, fully remodeled kitchen, remodeled bathrooms, new light fixtures, recessed lighting, ceiling fans, and so much more. Moving back outside there is a nice size covered patio in the back. The perfect place to enjoy a backyard barbecue. This home won't last long. Give me a call today and schedule your private viewing.

11. 2023-03-13
    historical $139,900 643-char remark

    Show marketing remark (643 chars)

    Newly renovated home in Attalla, AL. This 3-bedroom 2 full bath home sits on just over a . 50 Acre lot and includes a large, detached garage in the back. This semi-open floor plan has plenty of natural light and a large stone fireplace as the center piece of the living room. Inside the home you have new flooring, fresh paint, fully remodeled kitchen, remodeled bathrooms, new light fixtures, recessed lighting, ceiling fans, and so much more. Moving back outside there is a nice size covered patio in the back. The perfect place to enjoy a backyard barbecue. This home won't last long. Give me a call today and schedule your private viewing.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% 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: $12,965
• − Mortgage interest: −$5,814
• − Property taxes: −$1,557
• − Insurance: −$519
• − Repairs & maintenance: −$1,037
• − Management: −$1,037
• − Depreciation: −$3,020
• Taxable loss: −$20
• Est. tax savings @ 24.0%: +$5
• After-tax cash flow: $1,639/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: Attalla City
• NCES district ID: 0100180
• Math proficiency: 9% ▼ -31.00%
• Reading proficiency: 39% ▼ -3.00%
• Median HH income: $35,739
• Composite: 19.74/100
• National rank: #8711
• State rank: #98 of 129 in AL

Livability — Attalla

• Score: 60/100
• State rank: #305
• US rank: #19263

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Attalla, AL
• Population (ZIP): 12,170

Population outlook (Etowah County) Hauer SSP2

• Today (2025): 100,500 people
• By 2030: 98,488 · -2.0%
• By 2040: 93,731 · -6.7%
• By 2050: 88,681 · -11.8%
• By 2075: 76,746 · -23.6%
• By 2100: 65,373 · -35.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Black 7% Two or more races 6% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Iranian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3% French/Haitian/Cajun 1%

Political lean MEDSL · Etowah

• 2024 margin: Solid R (+55.7) · D 21.8% · R 77.5%
• 2008→2024 swing: -17.5pp toward R · 2008: -38.2pp · 2024: -55.7pp
• All cycles: 2024: R+55.7 2020: R+50.2 2016: R+50.1 2012: R+38.4 2008: R+38.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -21.42%
• Current HPI: 253.7203
• Rent YoY: —
• Metro: —
• 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

-25.8% since first listed

11 events — show timeline

• 2026-04-23 Pending — VMLS
• 2026-04-16 Price Changed $103,800 VMLS
• 2026-04-12 Relisted — VMLS
• 2026-03-16 Pending — VMLS
• 2026-02-18 Price Changed $126,000 VMLS
• 2026-01-17 Price Changed $157,500 VMLS
• 2025-12-23 Listed $185,000 VMLS
• 2023-05-03 Sold (MLS) $152,200 Greater Alabama MLS
• 2023-03-22 Contingent — Greater Alabama MLS
• 2023-03-17 Listed $139,900 Greater Alabama MLS
• 2023-03-13 Coming Soon $139,900 Greater Alabama MLS