7 S Norton Rd · Sylacauga, AL 35150

$165,000

11 bd · 7.0 ba · 5,699 sqft · SingleFamily · 149 Days on market

Built 1903 0.33 ac lot ↓ 19% 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 +14.9/30.0
• ARV discount +7.5/15.0
• DSCR +4.6/10.0
• 1% rule +4.1/10.0
• Livability +3.2/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover the potential in this 11-bedroom, 7-bathroom home. The main floor boasts a kitchen, living room, dining area, and a spacious laundry room. Upstairs, enjoy a stunning sunroom, 7 bedrooms, and 3 bathrooms. While some repairs are needed, the home is in overall good condition, featuring charming pine floors and tiled areas. Recent updates include a 2-year-old deck, a 15-year-old roof, and modern appliances and plumbing. Because of its mixed use zoning, this could be a primary residence, a business, you could rent out rooms to different vendors, it could be office spaces, it could be a boarding house, or it could even be a rehab facility. The possibilities are endless.

Key facts

• Kitchen
• Laundry room
• Living room

Tags

• KITCHEN
• LIVING ROOM
• DINING AREA
• LAUNDRY ROOM
• SUNROOM
• PINE FLOORS

Property features AI

Finance

• Other: Property access via curb and gutters, paved and public roads
• Financial info: Down payment assistance available; Monthly garbage fee ($18)
• HOA & community: No association fee

Exterior

• Parking: Driveway parking; On-street parking; Off-street parking; Uncovered parking; Parking on multiple levels (m-level)
• Utilities: Public water; Connected sewer; Electric water heater; Internet available via Sylacauga Utilities or Spectrum
• Home design: Existing home; Not a log home; Not waterfront; Not a pool or patio property; Crawl space foundation; Historic register property
• Construction: Vinyl siding construction
• Exterior features: Porch; Open deck; City view; Interior lot with some trees; Park, sidewalks, street lights, tennis courts nearby

Interior

• Kitchen: Dishwasher (built-in); Electric oven and stove; Refrigerator; Island; Eating area; Pantry; Laminate countertops
• Bedrooms: Multiple bedrooms located on main and upper levels
• Flooring: Hardwood; Carpet; Tile floors
• Bathrooms: Full bathrooms with tub/shower combination
• Heating & cooling: Central heating (gas); Central cooling
• Interior features: 9+ ft. ceilings with crown molding and smooth finish; Window treatments remain; Attic with pull-down access; Has laundry room
• Laundry & utility: Dedicated laundry room on main level; Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 11-bed/7.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $48 ($573/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 $150k (8.9% below list).
• Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 4.3% in Sylacauga — 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 64/100 on livability (#157 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A-; Watch: crime F, amenities F, commute F.
• Sylacauga City (town): math 20% / reading 45% proficiency, ranked #63 of 129 in AL (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Indian Valley Elementary School (553 students, 66% FRL); Sylacauga High School (math 22% / reading 32%, grade F, #90 of 305 statewide, top 35%, 677 students, 63% FRL) — zoned schools average 64% FRL vs 50% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 134 active listings in the ZIP; 189 units permitted in Talladega County in 2024 (6 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 $5k of value loss. Plan a longer hold.
• Talladega County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y ago; this cycle's ask is 10% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1903 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $145,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1903 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.91% ✗
• Cap rate: 6.64%
• Cash-on-cash: 1.24%
• DSCR: 1.06
• GRM: 9.1

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: -14.3%
• Equity multiple: 0.49×
• Total profit: $-23,675
• Equity at exit: $24,602

10-year hold

• IRR: -5.5%
• Equity multiple: 0.64×
• Total profit: $-16,609
• Equity at exit: $14,266

Cash invested: $46,200 (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 35150

• Home prices YoY: -7.9%
• Active inventory: 134
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,504 medium
• Mortgage (P&I): −$865
• Tax est. 1.5%: −$206 /mo · $2,475/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $48

Break-even live

Break-even rent $1,443

Max offer price $165,000

Occupancy floor 92%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $165,000 Active 149 DOM
2. 2026-06-18
   days on market $165,000 Active 148 DOM
3. 2026-06-17
   days on market $165,000 Active 147 DOM
4. 2026-06-16
   days on market $165,000 Active 146 DOM
5. 2026-06-15
   days on market $165,000 Active 145 DOM
6. 2026-06-14
   days on market $165,000 Active 143 DOM
7. 2026-06-12
   days on market $165,000 Active 142 DOM
8. 2026-06-09
   days on market $165,000 Active 139 DOM
9. 2026-06-08
   days on market $165,000 Active 138 DOM
10. 2026-06-07
    days on market $165,000 Active 137 DOM
11. 2026-06-07
    pricestatusdays on market $165,000 Active 136 DOM
12. 2026-06-04
    days on market $150,000 Contingent 133 DOM
13. 2026-06-02
    days on market $150,000 Contingent 132 DOM
14. 2026-06-01
    days on market $150,000 Contingent 131 DOM
15. 2026-05-31
    days on market $150,000 Contingent 130 DOM
16. 2026-05-31
    days on market $150,000 Contingent 129 DOM
17. 2026-04-15
    historical Contingent
18. 2026-04-10
    status Active
19. 2026-02-07
    historical Contingent
20. 2026-01-21
    listed $150,000 Active
21. 2024-11-12
    price $225,000
22. 2024-08-11
    price $298,500
23. 2024-02-15
    price $375,000
24. 2014-07-23
    historical
25. 2013-07-23
    listed $185,000

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

Taxation est. · year 1

• Rental income: $18,046
• − Mortgage interest: −$9,243
• − Property taxes: −$2,475
• − Insurance: −$825
• − Repairs & maintenance: −$1,444
• − Management: −$1,444
• − Depreciation: −$4,800
• Taxable loss: −$2,184
• Est. tax savings @ 24.0%: +$524
• After-tax cash flow: $1,097/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: Sylacauga City
• NCES district ID: 0103120
• Math proficiency: 20% ▼ -25.00%
• Reading proficiency: 45% ▲ 4.00%
• Median HH income: $33,900
• Composite: 26.64/100
• National rank: #7170
• State rank: #63 of 129 in AL

Livability — Sylacauga

• Score: 64/100
• State rank: #157
• US rank: #14297

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sylacauga, AL
• City population: 17,118
• Population (ZIP): 17,118

Population outlook (Talladega County) Hauer SSP2

• Today (2025): 78,905 people
• By 2030: 77,160 · -2.2%
• By 2040: 72,937 · -7.6%
• By 2050: 68,279 · -13.5%
• By 2075: 57,884 · -26.6%
• By 2100: 47,220 · -40.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (62%)
• Race & ethnicity: White 62% Black 32% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1% Hispanic 1% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Talladega

• 2024 margin: Solid R (+33.8) · D 32.9% · R 66.6%
• 2008→2024 swing: -15.3pp toward R · 2008: -18.5pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+25.5 2016: R+25.6 2012: R+16.0 2008: R+18.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -20.65%
• Current HPI: 240.527
• 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

-18.9% since first listed

9 events — show timeline

• 2026-04-15 Contingent — Greater Alabama MLS
• 2026-04-10 Relisted — Greater Alabama MLS
• 2026-02-07 Contingent — Greater Alabama MLS
• 2026-01-21 Listed $150,000 Greater Alabama MLS
• 2024-11-12 Price Changed $225,000 Greater Alabama MLS
• 2024-08-11 Price Changed $298,500 Greater Alabama MLS
• 2024-02-15 Price Changed $375,000 Greater Alabama MLS
• 2014-07-23 Delisted — Greater Alabama MLS
• 2013-07-23 Listed $185,000 Greater Alabama MLS