26377 6th St · Ardmore, AL 35739

$167,999

3 bd · 1.0 ba · 1,244 sqft · SingleFamily public records · 31 Days on market

Built 1958 0.36 ac lot $135/sqft · 23% below area Est $214k · 22% 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).

• ARV discount +15.0/15.0
• Cash flow +12.1/30.0
• Appreciation +10.0/10.0
• DSCR +3.6/10.0
• Livability +3.2/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0

Listing remarks MLS

Classic 3 BR home located inside Ardmore city limits within walking distance to Ardmore High School and local shopping. This property features a full brick house with fenced back yard and mature trees. Inside you'll find an inviting kitchen with a 40" commercial stainless steel stove. Enjoy family dinners in the adjoining dining room and then relax in the large living room that features a gas log fireplace. Tastefully appointed and ready for your family!

Key facts

• Wood flooring
• Separate dining room
• Living room

Tags

• WOOD FLOORING
• LIVING ROOM
• COZY FIREPLACE
• SEPARATE DINING ROOM
• FENCED BACKYARD
• QUICK ACCESS TO I-65

Property features AI

Finance

• HOA & community: No homeowners association

Exterior

• Parking: Attached carport; Carport with 1 space; Concrete driveway
• Utilities: Public sewer; Public water
• Home design: Single-family residence; One-level home; Built in 1958; Living area about 1,228 square feet
• Construction: Brick construction
• Exterior features: Public water; Lot measures approximately 225 x 70 feet on a 0.36-acre parcel; Subdivision: Boyd Austin Childers

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Total of 6 rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Propane heating; Central cooling
• Interior features: Crawl space basement; One fireplace with gas log
• Laundry & utility: Washer and Dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $168k.

Deal economics

• At list price, monthly cash flow is $-38 ($-454/yr) — negative.
• To cash-flow at today's rent, offer at most $161k (4.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (28.3% below list).
• Recommended offer: $121k (28.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#120 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, employment F.
• Limestone County (rural): math 21% / reading 44% proficiency, ranked #52 of 129 in AL (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cedar Hill Elementary School (math 33% / reading 52%, grade F, #209 of 627 statewide, top 34%, 578 students, 48% FRL); Ardmore High School (math 15% / reading 38%, grade F, #107 of 305 statewide, top 36%, 993 students, 50% FRL).
• Market conditions: 47 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 494 units permitted in Limestone County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $17k appreciation (10.0% local appreciation)).
• Limestone County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $47k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y 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.
• Current owner paid $82k; list at $168k implies a 105% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,529 (28.3% 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. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
7. 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.
8. 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: 0.72% ✗
• Cap rate: 6.02%
• Cash-on-cash: -0.97%
• DSCR: 0.96
• GRM: 11.6

CMA / ARV

• ARV (median comp): $214,385
• List price: $167,999
• Delta: -21.64%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
26654 Whitt St	0.38mi	3/1.5	1,225 (-2%)	11mo	$184,900	$151	69
29875 1st Ave E	0.42mi	2/1.0 (-1)	1,350 (+8%)	2mo	$157,000	$116	60
26777 Whitt St	0.38mi	3/2.0	1,392 (+12%)	15mo	$215,000	$154	46
29353 Lakeview Dr	0.65mi	3/2.0	1,415 (+14%)	0mo	$250,000	$177	42
29364 Lakeview Dr	0.69mi	3/2.0	1,368 (+10%)	9mo	$200,000	$146	40
29357 8th Ave E	0.72mi	3/1.0	1,375 (+10%)	14mo	$180,000	$131	37
29469 8th Ave E	0.70mi	3/1.5	1,426 (+15%)	9mo	$175,000	$123	34
27014 Faulk St	0.71mi	2/1.0 (-1)	1,120 (-10%)	16mo	$175,000	$156	32

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.6%
• Equity multiple: 2.89×
• Total profit: $89,000
• Equity at exit: $151,347

10-year hold

• IRR: 20.9%
• Equity multiple: 6.61×
• Total profit: $263,813
• Equity at exit: $326,385

Cash invested: $47,040 (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 35739

• Home prices YoY: 3.6%
• Active inventory: 47
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $1,205 medium
• Mortgage (P&I): −$881
• Tax from tax record: −$39 /mo · $468/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $-38

Break-even live

Break-even rent $1,253

Max offer price $161,315

Occupancy floor 98%

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: $42,000
• Closing costs: $5,040
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
26680 Coral St Ardmore, TN	2.0	2.0	1029	$1,300	$1.26	23d	1	0.85mi
30222 Fort Hampton St Ardmore, TN	2.0	2.0	1200	$1,200	$1.00	43d	1	0.87mi
30222 Fort Hampton St Ardmore, TN	2.0	2.0	1200	$1,200	$1.00	23d	1	0.87mi
30401 Fort Hampton St Ardmore, TN	2.0	1.0	950	$1,095	$1.15	23d	1	1.05mi

Listing history 9 events

1. 2026-05-31
   status $167,999 Pending 31 DOM
2. 2026-05-30
   days on market $167,999 Active 31 DOM
3. 2026-04-29
   listed $172,999 Active 410-char remark
4. 2016-10-13
   soldstatus $82,100
5. 2016-10-12
   soldstatus $82,000 469-char remark

   Show marketing remark (229 chars)

   Ardmore City limits, 3 BR home is within walking distance to Ardmore High School and shopping, full brick home with fenced back yard and mature trees, 40" commercial SS stove, gas log fireplace in Living Room. Move-in ready.

6. 2016-10-12
   soldstatus $82,000

   Show marketing remark (229 chars)

   Ardmore City limits, 3 BR home is within walking distance to Ardmore High School and shopping, full brick home with fenced back yard and mature trees, 40" commercial SS stove, gas log fireplace in Living Room. Move-in ready.

7. 2016-05-17
   listed $84,900

   Show marketing remark (229 chars)

   Ardmore City limits, 3 BR home is within walking distance to Ardmore High School and shopping, full brick home with fenced back yard and mature trees, 40" commercial SS stove, gas log fireplace in Living Room. Move-in ready.

8. 2016-05-03
   listed $84,900 469-char remark

   Show marketing remark (469 chars)

   Classic 3 BR home located inside Ardmore city limits within walking distance to Ardmore High School and local shopping. This property features a full brick house with fenced back yard and mature trees. Inside you'll find an inviting kitchen with a 40" commercial stainless steel stove. Enjoy family dinners in the adjoining dining room and then relax in the large living room that features a gas log fireplace. Tastefully appointed and ready for your family!

9. 2001-04-20
   soldstatus $62,200

ⓘ 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: $468 · $39/mo
• Projected year-2 tax: $689 · $57/mo
• Expected delta: +$221/yr (+$18/mo · 47.1%)

ⓘ 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 ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,463
• − Mortgage interest: −$9,411
• − Property taxes: −$468
• − Insurance: −$840
• − Repairs & maintenance: −$1,157
• − Management: −$1,157
• − Depreciation: −$4,887
• Taxable loss: −$3,457
• Est. tax savings @ 24.0%: +$830
• After-tax cash flow: $376/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: Limestone County
• NCES district ID: 0102100
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 44% ▼ -3.00%
• Median HH income: $48,972
• Composite: 28.09/100
• National rank: #6829
• State rank: #52 of 129 in AL

Livability — Ardmore

• Score: 65/100
• State rank: #120
• US rank: #12595

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ardmore, AL
• Population (ZIP): 5,056

Population outlook (Limestone County) Hauer SSP2

• Today (2025): 111,441 people
• By 2030: 121,272 · +8.8%
• By 2040: 140,705 · +26.3%
• By 2050: 159,069 · +42.7%
• By 2075: 202,231 · +81.5%
• By 2100: 230,608 · +106.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 7% Two or more races 5% Black 5%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 5% Serbian 2% Iranian 1%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Limestone

• 2024 margin: Solid R (+43.9) · D 27.5% · R 71.4% · Other 1.2%
• 2008→2024 swing: -2.0pp toward R · 2008: -41.9pp · 2024: -43.9pp
• All cycles: 2024: R+43.9 2020: R+42.6 2016: R+49.5 2012: R+43.6 2008: R+41.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 11.94%
• Current HPI: 342.3628
• 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

+170.1% since first listed

9 events — show timeline

• 2026-05-31 Pending — VMLS
• 2026-05-20 Price Changed $167,999 VMLS
• 2026-04-29 Listed $172,999 VMLS
• 2016-10-13 Sold (Public Records) $82,100 Public Records
• 2016-10-12 Sold (MLS) $82,000 REALTRACS as Distributed by MLS Grid
• 2016-10-12 Sold (MLS) $82,000 VMLS
• 2016-05-17 Listed $84,900 REALTRACS as Distributed by MLS Grid
• 2016-05-03 Listed $84,900 VMLS
• 2001-04-20 Sold (Public Records) $62,200 Public Records

Property tax history

+7.0%/yr

Latest (2025): $468 · +8.8% YoY. Source: county tax records.