3574 Hwy 56 · Littleville, AL 35654

$24,900

2 bd · 1.0 ba · 730 sqft · SingleFamily · 10 Days on market

Built 2004 Poor condition 0.96 ac lot

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Schools +2.2/10.0
• Condition / age +1.0/5.0
• Appreciation +0.6/10.0

Listing remarks

Investment opportunity! 2 bedroom, 1 full bath home built in 2004 situated on Hwy 56 in Russellville. Property is in need of repairs and updates and is being sold AS IS. Great potential for investors, flippers, or buyers looking for a renovation project. Convenient location with easy access to local amenities. Priced at only $24,900.

Key facts

• 0.96 acre lot
• Built 2004
• Listed 9 days

Property features AI

Exterior

• Utilities: Septic tank sewer
• Home design: Single-family residential property; Residential property type; Located in the Russellville City subdivision
• Exterior features: Lot dimensions approximately 156 x 261 x 193 x 218; Nearly 1 acre lot (0.96 acre)

Interior

• Bedrooms: One bedroom on the main level
• Bathrooms: One full bathroom
• Interior features: Six total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $25k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $473 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($816 rent vs $25k).
• Cap rate 29.1% vs local median 3.5% in Littleville — 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 (#122 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Franklin County (rural): math 17% / reading 36% proficiency, ranked #84 of 129 in AL (top 65%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 43 active listings in the ZIP; 15 units permitted in Franklin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $172 of loan paydown is wiped out by about $747 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $24,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-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: 3.28% ✓
• Cap rate: 29.08%
• Cash-on-cash: 81.39%
• DSCR: 4.62
• GRM: 2.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 81.6%
• Equity multiple: 4.74×
• Total profit: $26,095
• Equity at exit: $3,713

10-year hold

• IRR: 85.0%
• Equity multiple: 9.83×
• Total profit: $61,554
• Equity at exit: $2,153

Cash invested: $6,972 (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 35654

• Home prices YoY: -4.6%
• Active inventory: 43
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $816 medium
• Mortgage (P&I): −$131
• Tax est. 1.5%: −$31 /mo · $374/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$171
• Net cashflow: $473

Break-even live

Break-even rent $218

Max offer price $24,900

Occupancy floor 37%

Sensitivity live

Price	-10% $490	-5% $481	+0% $473	+5% $464	+10% $456
Rent	-10% $408	-5% $441	+0% $473	+5% $505	+10% $537
Rate	-1.0pp $485	-0.5pp $479	base $473	+0.5pp $466	+1.0pp $460

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: $6,225
• Closing costs: $747
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-19
   days on market $24,900 Active 10 DOM
2. 2026-06-18
   days on market $24,900 Active 9 DOM
3. 2026-06-17
   days on market $24,900 Active 8 DOM
4. 2026-06-16
   days on market $24,900 Active 7 DOM
5. 2026-06-15
   days on market $24,900 Active 6 DOM
6. 2026-06-14
   days on market $24,900 Active 4 DOM
7. 2026-06-13
   days on market $24,900 Active 3 DOM
8. 2026-06-10
   remarks 335-char remark
9. 2026-06-10
   listed $24,900 Active 1 DOM

ⓘ 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 5/10 Major 7 d/yr ≥105°F today · 20 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,797
• − Mortgage interest: −$1,395
• − Property taxes: −$374
• − Insurance: −$124
• − Repairs & maintenance: −$784
• − Management: −$784
• − Depreciation: −$724
• Taxable income: $5,612
• Est. tax owed @ 24.0%: −$1,347
• After-tax cash flow: $4,328/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.

Condition & rehab AI · 6 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and updates, including a new roof, exterior landscaping, and interior renovations. Potential investors should consider the significant investment required for a complete renovation.

Repairs flagged

• Major roof — Rusty metal roof
• Major exterior — Overgrown weeds and grass
• Major flooring — Damaged flooring in kitchen and bathrooms
• Major interior walls — Paint peeling and walls in poor condition
• Major bathrooms — Damaged flooring and walls
• Major kitchen — Damaged flooring and walls

Value-add opportunities

• Both Painting and landscaping — Improves curb appeal and interior aesthetics
• Both New flooring — Enhances the look and feel of the home
• Both Kitchen and bathroom updates — Modernizes the spaces and improves functionality

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Rusty metal roof	Major	$15,000–50,000
exterior · Overgrown weeds and grass	Major	$15,000–50,000
flooring · Damaged flooring in kitchen and bathrooms	Major	$15,000–50,000
interior walls · Paint peeling and walls in poor condition	Major	$15,000–50,000
bathrooms · Damaged flooring and walls	Major	$15,000–50,000
kitchen · Damaged flooring and walls	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Both Painting and landscaping — Improves curb appeal and interior aesthetics ↑
• Both New flooring — Enhances the look and feel of the home ↑
• Both Kitchen and bathroom updates — Modernizes the spaces and improves functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Franklin County
• NCES district ID: 0101590
• Math proficiency: 17% ▼ -21.00%
• Reading proficiency: 36% ▼ -1.00%
• Median HH income: $37,979
• Composite: 22.08/100
• National rank: #8187
• State rank: #84 of 129 in AL

Livability — Littleville

• Score: 65/100
• State rank: #122
• US rank: #12858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 8,396

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 31,545 people
• By 2030: 31,335 · -0.7%
• By 2040: 30,983 · -1.8%
• By 2050: 30,744 · -2.5%
• By 2075: 30,173 · -4.3%
• By 2100: 29,478 · -6.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 18% Two or more races 8% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Serbian 1% Italian 1% Lithuanian 1%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 15%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+73.3) · D 13.0% · R 86.2%
• 2008→2024 swing: -34.1pp toward R · 2008: -39.2pp · 2024: -73.3pp
• All cycles: 2024: R+73.3 2020: R+65.9 2016: R+60.8 2012: R+40.5 2008: R+39.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -8.75%
• Current HPI: 181.7
• 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

1 event — show timeline

• 2026-06-09 Listed $24,900 SAARMLS