724 Blue Ridge Dr · Anniston, AL 36207

$63,200

4 bd · 1.0 ba · 2,072 sqft · SingleFamily public records · 107 Days on market

Built 1950

---

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 +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Need more room - check out this 5 bedroom and 2 full bath home. This home has been remodeled with new hardwood floors that have been refinished, new carpet in the bedrooms upstairs and so many more updates that you have to see it to believe it. There is one bedroom downstairs and the remaining bedrooms are on the second floor. Put this home on your list to see today.

Key facts

• Hardwood flooring
• Spacious kitchen
• Downtown anniston

Tags

• DOWNTOWN ANNISTON
• SPACIOUS KITCHEN
• HARDWOOD FLOORING
• TILE FLOORING

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $63k.

Deal economics

• At list price, monthly cash flow is $609 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $63k).
• Recommended offer: $58k (9.0% below list) — sets the bar for market timing.
• Cap rate 17.8% vs local median 5.1% in Anniston — 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 58/100 on livability (#348 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Anniston City (urban): math 2% / reading 12% proficiency, ranked #128 of 129 in AL (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 87% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Anniston Middle School (math 2% / reading 0%, grade F, #257 of 257 statewide, top 100%, 393 students, 91% FRL); Anniston High School (math 2% / reading 12%, grade F, #265 of 305 statewide, top 89%, 466 students, 86% FRL) — zoned schools at 89% FRL track the district average.
• Market conditions: 124 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 135 units permitted in Calhoun County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $437 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Calhoun County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($58k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 12y ago; this cycle's ask has dropped $16k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,512 (9.0% below list)

Questions for the listing agent

1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — 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. 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: 2.12% ✓
• Cap rate: 17.85%
• Cash-on-cash: 41.27%
• DSCR: 2.84
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $151,256
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
718 Blue Ridge Dr	0.03mi	3/2.0 (-1)	2,000 (-4%)	7mo	$54,000	$27	78
627 Sidney Cir	0.14mi	4/2.0	1,833 (-12%)	2mo	$157,500	$86	69
2115 Leighton Ave	0.37mi	3/2.0 (-1)	2,187 (+6%)	17mo	$132,500	$61	50
1348 Champaign Ave	0.64mi	3/2.0 (-1)	2,137 (+3%)	12mo	$155,000	$73	46
1411 Glendale Rd	0.62mi	3/2.0 (-1)	2,145 (+4%)	22mo	$128,000	$60	38
1623 Mccall Dr	0.53mi	3/1.5 (-1)	1,794 (-13%)	11mo	$178,500	$99	36
1506 Mccall Dr	0.49mi	3/2.0 (-1)	1,836 (-11%)	16mo	$155,000	$84	36
1530 Christine Ave	0.53mi	3/2.0 (-1)	1,822 (-12%)	13mo	$179,000	$98	35
1334 Johnston Dr	0.67mi	3/3.0 (-1)	2,131 (+3%)	22mo	$91,975	$43	32
1327 Champaign Ave	0.70mi	3/2.0 (-1)	1,940 (-6%)	23mo	$100,000	$52	29
1220 Glendale Rd	0.67mi	3/2.0 (-1)	1,830 (-12%)	14mo	$158,500	$87	28
1601 Acker Place Pl	0.44mi	3/2.0 (-1)	1,762 (-15%)	23mo	$35,000	$20	27

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: 37.8%
• Equity multiple: 2.61×
• Total profit: $28,546
• Equity at exit: $9,423

10-year hold

• IRR: 44.4%
• Equity multiple: 5.23×
• Total profit: $74,883
• Equity at exit: $5,464

Cash invested: $17,696 (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 36207

• Home prices YoY: -23.7%
• Active inventory: 124
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,342 medium
• Mortgage (P&I): −$331
• Tax from tax record: −$94 /mo · $1,124/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $609

Break-even live

Break-even rent $571

Max offer price $63,200

Occupancy floor 50%

Sensitivity live

Price	-10% $644	-5% $626	+0% $609	+5% $591	+10% $573
Rent	-10% $503	-5% $556	+0% $609	+5% $662	+10% $715
Rate	-1.0pp $640	-0.5pp $625	base $609	+0.5pp $592	+1.0pp $575

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: $15,800
• Closing costs: $1,896
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1831 Moore Ave Anniston, AL	3.0	2.0	1494	$1,395	$0.93	44d	1	0.81mi
1003 Christine Ave Unit 101 Anniston, AL	3.0	2.0	1800	$1,025	$0.57	44d	1	0.95mi

Listing history 31 events

1. 2026-04-17
   status Pending
2. 2026-04-13
   status Active
3. 2026-03-31
   status Pending
4. 2026-03-19
   status Active
5. 2026-03-16
   status Pending
6. 2026-03-13
   status Active
7. 2026-02-18
   status Pending
8. 2026-02-07
   price $63,200
9. 2026-01-07
   price $71,100
10. 2025-12-01
    status Active
11. 2025-11-04
    status Pending
12. 2025-10-27
    listed $79,000 Active
13. 2022-04-06
    soldstatus $131,000 Sold 369-char remark

    Show marketing remark (369 chars)

    Need more room - check out this 5 bedroom and 2 full bath home. This home has been remodeled with new hardwood floors that have been refinished, new carpet in the bedrooms upstairs and so many more updates that you have to see it to believe it. There is one bedroom downstairs and the remaining bedrooms are on the second floor. Put this home on your list to see today.

14. 2022-02-22
    historical Contingent 369-char remark

    Show marketing remark (369 chars)

    Need more room - check out this 5 bedroom and 2 full bath home. This home has been remodeled with new hardwood floors that have been refinished, new carpet in the bedrooms upstairs and so many more updates that you have to see it to believe it. There is one bedroom downstairs and the remaining bedrooms are on the second floor. Put this home on your list to see today.

15. 2022-02-16
    listed $124,900 Active 369-char remark

    Show marketing remark (369 chars)

    Need more room - check out this 5 bedroom and 2 full bath home. This home has been remodeled with new hardwood floors that have been refinished, new carpet in the bedrooms upstairs and so many more updates that you have to see it to believe it. There is one bedroom downstairs and the remaining bedrooms are on the second floor. Put this home on your list to see today.

16. 2021-09-20
    soldstatus $55,000
17. 2021-09-14
    soldstatus $55,000 Sold 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

18. 2021-08-20
    historical Contingent 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

19. 2021-07-23
    status Active 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

20. 2021-07-15
    historical Contingent 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

21. 2021-07-05
    status Active 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

22. 2021-06-01
    historical Contingent 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

23. 2021-05-10
    price $65,900 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

24. 2021-04-27
    status Active 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

25. 2021-04-24
    historical Contingent 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

26. 2021-04-14
    listed $69,900 Active 197-char remark

    Show marketing remark (197 chars)

    This is a nice starter home with plenty of room for everyone. New windows, some new light fixtures. Roof is only a couple of years old. Unfinished basement is great for a storm shelter or man cave.

27. 2015-03-16
    soldstatus $45,000
28. 2014-10-29
    listed $39,900
29. 2014-10-16
    soldstatus $20,000
30. 2014-10-02
    listed $20,000
31. 2006-07-17
    soldstatus $61,000

ⓘ 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: $1,124 · $94/mo
• Projected year-2 tax: $1,124 · $94/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $16,100
• − Mortgage interest: −$3,540
• − Property taxes: −$1,124
• − Insurance: −$316
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − Depreciation: −$1,839
• Taxable income: $6,706
• Est. tax owed @ 24.0%: −$1,609
• After-tax cash flow: $5,693/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: Anniston City
• NCES district ID: 0100090
• Math proficiency: 2% ▼ -20.00%
• Reading proficiency: 12% ▼ -15.00%
• Median HH income: $31,824
• Composite: 5.36/100
• National rank: #10030
• State rank: #128 of 129 in AL

Livability — Anniston

• Score: 58/100
• State rank: #348
• US rank: #20680

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anniston, AL
• County: Calhoun County · 71,763 people
• City population: 19,220
• Metro: Anniston-Oxford, AL
• Population (ZIP): 19,220
• Household income: $67,969
• Rent vs Own: 23.3% rent · 76.7% own
• Severe rent burden: 486.0

Population outlook (Calhoun County) Hauer SSP2

• Today (2025): 109,765 people
• By 2030: 105,708 · -3.7%
• By 2040: 96,192 · -12.4%
• By 2050: 86,413 · -21.3%
• By 2075: 63,467 · -42.2%
• By 2100: 44,704 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 22% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Slovak 4% Italian 2% Serbian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Calhoun

• 2024 margin: Solid R (+44.8) · D 27.2% · R 71.9%
• 2008→2024 swing: -12.2pp toward R · 2008: -32.5pp · 2024: -44.8pp
• All cycles: 2024: R+44.8 2020: R+39.0 2016: R+41.4 2012: R+31.9 2008: R+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.85%
• Current HPI: 166.6999
• Rent YoY: —
• Metro: Anniston-Oxford, 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

+3.6% since first listed

31 events — show timeline

• 2026-04-17 Pending — VMLS
• 2026-04-13 Relisted — VMLS
• 2026-03-31 Pending — VMLS
• 2026-03-19 Relisted — VMLS
• 2026-03-16 Pending — VMLS
• 2026-03-13 Relisted — VMLS
• 2026-02-18 Pending — VMLS
• 2026-02-07 Price Changed $63,200 VMLS
• 2026-01-07 Price Changed $71,100 VMLS
• 2025-12-01 Relisted — VMLS
• 2025-11-04 Pending — VMLS
• 2025-10-27 Listed $79,000 VMLS
• 2022-04-06 Sold (MLS) $131,000 Greater Alabama MLS
• 2022-02-22 Contingent — Greater Alabama MLS
• 2022-02-16 Listed $124,900 Greater Alabama MLS
• 2021-09-20 Sold (Public Records) $55,000 Public Records
• 2021-09-14 Sold (MLS) $55,000 Greater Alabama MLS
• 2021-08-20 Contingent — Greater Alabama MLS
• 2021-07-23 Relisted — Greater Alabama MLS
• 2021-07-15 Contingent — Greater Alabama MLS
• 2021-07-05 Relisted — Greater Alabama MLS
• 2021-06-01 Contingent — Greater Alabama MLS
• 2021-05-10 Price Changed $65,900 Greater Alabama MLS
• 2021-04-27 Relisted — Greater Alabama MLS
• 2021-04-24 Contingent — Greater Alabama MLS
• 2021-04-14 Listed $69,900 Greater Alabama MLS
• 2015-03-16 Sold (MLS) $45,000 Greater Alabama MLS
• 2014-10-29 Listed $39,900 Greater Alabama MLS
• 2014-10-16 Sold (MLS) $20,000 Greater Alabama MLS
• 2014-10-02 Listed $20,000 Greater Alabama MLS
• 2006-07-17 Sold (Public Records) $61,000 Public Records

Property tax history

+14.1%/yr

Latest (2025): $1,124 · +0.0% YoY. Source: county tax records.