3243 Woodley Rd · Montgomery, AL 36116

$150,000

3 bd · 2.0 ba · 1,572 sqft · SingleFamily public records · 61 Days on market

Built 1963 0.30 ac lot $95/sqft · at area comps Est $143k · at est.

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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 +18.0/30.0
• DSCR +5.6/10.0
• ARV discount +5.3/15.0
• 1% rule +4.0/10.0
• Rent growth +3.9/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Go to www. hudhomestore.com ; enter case # 011-538714-For more information. "Property to be sold as-is". Call an agent today to place a bid.

Key facts

• Spacious lot
• 0.3 acre lot
• Parking

Tags

• SPACIOUS LOT
• GENEROUSLY SIZED BACKYARD
• CONVENIENT ACCESS TO SHOPPING
• CONVENIENT ACCESS TO DINING

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electricity available; Natural gas available
• Home design: Single-story; Brick construction; Slab foundation
• Construction: Brick exterior; Slab foundation; 1 story
• Exterior features: Covered patio; Patio; Partial fencing; Storage; City lot

Interior

• Kitchen: Kitchen on first floor
• Bedrooms: Bedrooms on first floor
• Flooring: Tile; Vinyl; Wood
• Bathrooms: 2 full bathrooms (first floor)
• Heating & cooling: Central heating (gas); Central electric air conditioning
• Interior features: Breakfast bar
• Laundry & utility: Washer hookup; Dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $130 ($2k/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 $135k (9.9% below list).
• Recommended offer: $135k (9.9% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 6.0% in Montgomery — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 65/100 on livability (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities D-.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Crump Elementary School (math 2% / reading 17%, grade F, #568 of 627 statewide, top 94%, 497 students, 93% FRL); Mckee Middle School (math 0% / reading 13%, grade F, #249 of 257 statewide, top 98%, 676 students, 94% FRL); Jefferson Davis High School (math 3% / reading 16%, grade F, #258 of 305 statewide, top 85%, 1,522 students, 83% FRL) — zoned schools average 90% FRL vs 70% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.7%/yr); 293 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; 460 units permitted in Montgomery County in 2024 (37 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 $4k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 61 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 24y ago; this cycle's ask is 25% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $22k; list at $150k implies a 582% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $135,132 (9.9% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — 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. 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: 0.90% ✗
• Cap rate: 7.33%
• Cash-on-cash: 3.70%
• DSCR: 1.16
• GRM: 9.3

CMA / ARV

• ARV (median comp): $142,859
• List price: $150,000
• Delta: 5.00%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2722 Woodley Park Dr	0.44mi	3/2.0	1,611 (+2%)	1mo	$98,000	$61	75
260 Smallbrook Dr	0.54mi	3/2.0	1,594 (+1%)	3mo	$125,000	$78	70
2763 N Wallace Dr	0.73mi	3/2.0	1,579 (+0%)	2mo	$132,500	$84	64
3363 E Brookwood	0.27mi	3/2.0	1,348 (-14%)	2mo	$45,000	$33	62
3114 Woodley Rd	0.28mi	4/2.0 (+1)	1,419 (-10%)	6mo	$129,000	$91	61
242 Smallbrook Dr	0.53mi	4/2.0 (+1)	1,671 (+6%)	2mo	$130,000	$78	59
3761 Malabar Rd	0.74mi	3/2.0	1,656 (+5%)	2mo	$85,000	$51	55
218 W Wilding Dr	0.74mi	4/2.0 (+1)	1,525 (-3%)	2mo	$165,000	$108	54
3036 Sutton Dr	0.71mi	2/2.0 (-1)	1,502 (-4%)	4mo	$116,000	$77	52
2621 Norwich Dr	0.49mi	3/2.0	1,765 (+12%)	6mo	$125,000	$71	51
2816 Newport Rd	0.70mi	3/2.0	1,738 (+11%)	7mo	$162,000	$93	44
2731 S Wallace Dr	0.64mi	3/2.0	1,344 (-14%)	6mo	$152,000	$113	41

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 · 5.65% rent growth · sell at horizon

5-year hold

• IRR: -7.8%
• Equity multiple: 0.71×
• Total profit: $-12,390
• Equity at exit: $22,365

10-year hold

• IRR: 4.6%
• Equity multiple: 1.37×
• Total profit: $15,707
• Equity at exit: $12,969

Cash invested: $42,000 (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 36116

• Home prices YoY: -9.7%
• Rents YoY: 5.7%
• Active inventory: 293
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,351 high
• Mortgage (P&I): −$787
• Tax from tax record: −$89 /mo · $1,065/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $130

Break-even live

Break-even rent $1,187

Max offer price $150,000

Occupancy floor 85%

Sensitivity live

Price	-10% $215	-5% $172	+0% $130	+5% $87	+10% $45
Rent	-10% $23	-5% $76	+0% $130	+5% $183	+10% $236
Rate	-1.0pp $205	-0.5pp $168	base $130	+0.5pp $91	+1.0pp $51

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3252 Cheltenham Dr Montgomery, AL	3.0	2.0	1705	$1,200	$0.70	45d	1	0.11mi
2619 Brantford Pl Montgomery, AL	3.0	2.0	1323	$1,200	$0.91	45d	1	0.27mi
2724 Forsyth Ln Montgomery, AL	4.0	2.0	1794	$1,400	$0.78	45d	1	0.31mi
2230 Woodley Sq W Montgomery, AL	1.0–2.0	1.0–2.0	902	$898	$1.00	15d	11	0.64mi
3633 Woodley Rd Montgomery, AL	4.0	2.0	1734	$1,600	$0.92	22d	1	0.67mi
3050 Sutton Dr Montgomery, AL	2.0	2.0	1719	$1,450	$0.84	22d	1	0.69mi
2656 Fisk Rd Montgomery, AL	4.0	2.0	1584	$1,400	$0.88	45d	1	0.94mi
4220 Strathmore Dr Montgomery, AL	1.0–3.0	1.0–2.0	931	$1,099	$1.18	45d	1	0.98mi
3855 Woodley Rd Montgomery, AL	4.0	2.0	1450	$1,450	$1.00	45d	1	1.00mi
2699 Whispering Pine Dr Montgomery, AL	4.0	2.0	1500	$1,500	$1.00	15d	1	1.01mi
3324 Cross Creek Dr Montgomery, AL	3.0	2.0	1791	$1,395	$0.78	22d	1	1.08mi
2651 Clement Curv Montgomery, AL	3.0	2.0	1402	$1,550	$1.11	22d	1	1.14mi
3110 Virginia Downs Montgomery, AL	2.0	2.0	1068	$800	$0.75	45d	1	1.15mi
3220 Virginia Downs Montgomery, AL	3.0	2.0	1215	$900	$0.74	45d	1	1.27mi
3248 Meadow Walk Ln Montgomery, AL	3.0	2.0	1114	$1,200	$1.08	45d	1	1.29mi
654 Mayflower Dr Montgomery, AL	3.0	2.0	1777	$1,400	$0.79	45d	1	1.30mi
1355 Buckingham Dr Montgomery, AL	4.0	2.0	1620	$1,650	$1.02	15d	1	1.30mi
3543 Carter Hill Rd Montgomery, AL	1.0–3.0	1.0–2.0	1120	$925	$0.83	15d	16	1.31mi
3231 Virginia Pines Ln Montgomery, AL	2.0	2.0	1068	$800	$0.75	45d	1	1.32mi
3240 Virginia Pines Ln Montgomery, AL	3.0	2.0	1215	$900	$0.74	45d	1	1.34mi
2440 Price St Unit C Montgomery, AL	3.0	2.0	1800	$1,050	$0.58	45d	1	1.36mi
2441 Price St Unit D Montgomery, AL	3.0	2.0	1264	$900	$0.71	22d	1	1.36mi
1434 E Audubon Rd Montgomery, AL	4.0	2.0	2237	$1,475	$0.66	45d	1	1.36mi
2430 Price St Montgomery, AL	2.0	1.5	1275	$1,175	$0.92	15d	1	1.38mi
3580 McGehee Pl Dr S Montgomery, AL	3.0	2.0	1200	$1,205	$1.00	45d	1	1.42mi
4025 Edge Hill Ln Montgomery, AL	3.0	2.0	1154	$1,350	$1.17	15d	1	1.47mi
3212 Herbert Dr Montgomery, AL	3.0	2.0	1180	$1,425	$1.21	22d	1	1.48mi

Listing history 24 events

1. 2026-06-21
   days on market $150,000 Active 61 DOM
2. 2026-06-18
   days on market $150,000 Active 58 DOM
3. 2026-06-17
   days on market $150,000 Active 57 DOM
4. 2026-06-16
   days on market $150,000 Active 56 DOM
5. 2026-06-15
   days on market $150,000 Active 55 DOM
6. 2026-06-14
   days on market $150,000 Active 53 DOM
7. 2026-06-13
   days on market $150,000 Active 52 DOM
8. 2026-06-10
   days on market $150,000 Active 50 DOM
9. 2026-06-09
   days on market $150,000 Active 49 DOM
10. 2026-06-08
    days on market $150,000 Active 48 DOM
11. 2026-06-07
    days on market $150,000 Active 47 DOM
12. 2026-06-03
    days on market $150,000 Active 43 DOM
13. 2026-06-02
    days on market $150,000 Active 42 DOM
14. 2026-06-01
    days on market $150,000 Active 41 DOM
15. 2026-05-31
    days on market $150,000 Active 40 DOM
16. 2026-05-30
    days on market $150,000 Active 39 DOM
17. 2026-04-28
    price $150,000 551-char remark
18. 2026-04-21
    listed $120,000 Active 551-char remark
19. 2012-02-29
    soldstatus $22,000 150-char remark

    Show marketing remark (150 chars)

    Go to www. hudhomestore.com ; enter case # 011-538714-For more information. "Property to be sold as-is". Call an agent today to place a bid.

20. 2011-09-22
    listed $29,600 150-char remark

    Show marketing remark (150 chars)

    Go to www. hudhomestore.com ; enter case # 011-538714-For more information. "Property to be sold as-is". Call an agent today to place a bid.

21. 2005-03-23
    soldstatus $88,600

    Show marketing remark (186 chars)

    THIS HOME IS NEAT AND CLEAN AS A PIN! NICE SIZE BEDROOMS. CERAMIC TILE IN KITCHEN AND DEN COMBO. HAS A LIVING ROOM DINING ROOM COMBO AS WELL. THIS IS A GREAT FAMILY HOME. SECURITY SYSTEM

22. 2005-03-01
    listed $84,900

    Show marketing remark (186 chars)

    THIS HOME IS NEAT AND CLEAN AS A PIN! NICE SIZE BEDROOMS. CERAMIC TILE IN KITCHEN AND DEN COMBO. HAS A LIVING ROOM DINING ROOM COMBO AS WELL. THIS IS A GREAT FAMILY HOME. SECURITY SYSTEM

23. 2002-08-26
    soldstatus $75,000
24. 2002-05-17
    listed $79,900

ⓘ 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: $1,065 · $89/mo
• Projected year-2 tax: $1,065 · $89/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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $16,216
• − Mortgage interest: −$8,402
• − Property taxes: −$1,065
• − Insurance: −$750
• − Repairs & maintenance: −$1,297
• − Management: −$1,297
• − Depreciation: −$4,364
• Taxable loss: −$960
• Est. tax savings @ 24.0%: +$230
• After-tax cash flow: $1,786/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: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• County: Montgomery County · 190,016 people
• City population: 175,913
• Metro: Montgomery, AL
• Population (ZIP): 45,250
• Household income: $55,160
• Rent vs Own: 50.8% rent · 49.2% own
• Severe rent burden: 2786.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (80%)
• Race & ethnicity: Black 80% White 12% Two or more races 4% Asian 3% Hispanic / Latino 2%
• Common ancestry: Italian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 1% Korean 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.31%
• Current HPI: 151.8598
• Rent YoY: ▲ 5.65%
• Metro: Montgomery, 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

+87.7% since first listed

8 events — show timeline

• 2026-04-28 Price Changed $150,000 MAAR
• 2026-04-21 Listed $120,000 MAAR
• 2012-02-29 Sold (MLS) $22,000 MAAR
• 2011-09-22 Listed $29,600 MAAR
• 2005-03-23 Sold (MLS) $88,600 MAAR
• 2005-03-01 Listed $84,900 MAAR
• 2002-08-26 Sold (MLS) $75,000 MAAR
• 2002-05-17 Listed $79,900 MAAR

Property tax history

+4.7%/yr

Latest (2025): $1,065 · +6.9% YoY. Source: county tax records.