607 Astor Ave · Weaver, AL 36277

$99,900

3 bd · 1.0 ba · 768 sqft · SingleFamily public records · 294 Days on market

Built 1945 0.53 ac lot $130/sqft · at area comps Est $113k · 12% 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).

• Cash flow +18.7/30.0
• ARV discount +12.7/15.0
• DSCR +5.9/10.0
• 1% rule +5.0/10.0
• Livability +3.2/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to a cozy and affordable gem in the heart of Weaver! This single-story home offers 3 bedrooms and 1 full bath within approximately 831 square feet of living space. With a generous 0.53-acre lot, this property gives you the rare opportunity to enjoy outdoor space and potential for expansion or customization, walking distance to Dollar General and the local convenience store. ?? Home Features Bright living area laid out for easy flow between rooms. Kitchen equipped with electric range cooktop, refrigerator, and laundry hookups conveniently located on the main level. The home sits on a full half-acre lot with some trees and ample space for outdoor living, gardening, or play. Room to personalize: With the solid “bones” in place, creative updates can make this house shine Single-story living means easier accessibility, lower maintenance, and simpler upkeep. Call Today for your private showing.

Key facts

• 0.53 acre lot
• Parking
• Built 1945

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $100 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#195 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D-, amenities F.
• Calhoun County (rural): math 19% / reading 49% proficiency, ranked #46 of 129 in AL (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 30 active listings in the ZIP; 1 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 $691 of loan paydown is wiped out by about $3k 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.

Negotiation context

• It's been on market 294 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $50k; list at $100k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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 $87,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 294 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 1945 — 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. 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: 1.00% ✓
• Cap rate: 7.49%
• Cash-on-cash: 4.27%
• DSCR: 1.19
• GRM: 8.3

CMA / ARV

• ARV (median comp): $112,923
• List price: $99,900
• Delta: -11.53%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
606 Ledford St	0.54mi	2/1.0 (-1)	864 (+12%)	19mo	$110,000	$127	33

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: -9.6%
• Equity multiple: 0.65×
• Total profit: $-9,829
• Equity at exit: $14,895

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-328
• Equity at exit: $8,638

Cash invested: $27,972 (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 36277

• Home prices YoY: -17.7%
• Active inventory: 30
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,000 medium
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,498/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$210
• Net cashflow: $100

Break-even live

Break-even rent $874

Max offer price $99,900

Occupancy floor 85%

Sensitivity live

Price	-10% $169	-5% $134	+0% $100	+5% $65	+10% $31
Rent	-10% $21	-5% $60	+0% $100	+5% $139	+10% $179
Rate	-1.0pp $150	-0.5pp $125	base $100	+0.5pp $74	+1.0pp $47

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1226 Parker Blvd Unit J2 Weaver, AL	2.0	1.0	990	$1,000	$1.01	44d	1	1.26mi

Listing history 21 events

1. 2026-06-19
   days on market $99,900 Active 294 DOM
2. 2026-06-18
   days on market $99,900 Active 293 DOM
3. 2026-06-17
   days on market $99,900 Active 292 DOM
4. 2026-06-16
   days on market $99,900 Active 291 DOM
5. 2026-06-15
   days on market $99,900 Active 290 DOM
6. 2026-06-14
   days on market $99,900 Active 288 DOM
7. 2026-06-13
   days on market $99,900 Active 287 DOM
8. 2026-06-10
   days on market $99,900 Active 285 DOM
9. 2026-06-09
   days on market $99,900 Active 284 DOM
10. 2026-06-08
    days on market $99,900 Active 283 DOM
11. 2026-06-07
    days on market $99,900 Active 282 DOM
12. 2026-06-05
    days on market $99,900 Active 279 DOM
13. 2026-06-03
    days on market $99,900 Active 278 DOM
14. 2026-06-02
    days on market $99,900 Active 277 DOM
15. 2026-06-01
    days on market $99,900 Active 276 DOM
16. 2026-05-31
    days on market $99,900 Active 275 DOM
17. 2026-05-30
    days on market $99,900 Active 274 DOM
18. 2025-10-02
    price $99,900 922-char remark

    Show marketing remark (922 chars)

    Welcome to a cozy and affordable gem in the heart of Weaver! This single-story home offers 3 bedrooms and 1 full bath within approximately 831 square feet of living space. With a generous 0.53-acre lot, this property gives you the rare opportunity to enjoy outdoor space and potential for expansion or customization, walking distance to Dollar General and the local convenience store. ?? Home Features Bright living area laid out for easy flow between rooms. Kitchen equipped with electric range cooktop, refrigerator, and laundry hookups conveniently located on the main level. The home sits on a full half-acre lot with some trees and ample space for outdoor living, gardening, or play. Room to personalize: With the solid “bones” in place, creative updates can make this house shine Single-story living means easier accessibility, lower maintenance, and simpler upkeep. Call Today for your private showing.

19. 2025-08-29
    listed $109,900 Active 922-char remark

    Show marketing remark (922 chars)

    Welcome to a cozy and affordable gem in the heart of Weaver! This single-story home offers 3 bedrooms and 1 full bath within approximately 831 square feet of living space. With a generous 0.53-acre lot, this property gives you the rare opportunity to enjoy outdoor space and potential for expansion or customization, walking distance to Dollar General and the local convenience store. ?? Home Features Bright living area laid out for easy flow between rooms. Kitchen equipped with electric range cooktop, refrigerator, and laundry hookups conveniently located on the main level. The home sits on a full half-acre lot with some trees and ample space for outdoor living, gardening, or play. Room to personalize: With the solid “bones” in place, creative updates can make this house shine Single-story living means easier accessibility, lower maintenance, and simpler upkeep. Call Today for your private showing.

20. 2025-08-25
    historical $109,900 922-char remark

    Show marketing remark (922 chars)

    Welcome to a cozy and affordable gem in the heart of Weaver! This single-story home offers 3 bedrooms and 1 full bath within approximately 831 square feet of living space. With a generous 0.53-acre lot, this property gives you the rare opportunity to enjoy outdoor space and potential for expansion or customization, walking distance to Dollar General and the local convenience store. ?? Home Features Bright living area laid out for easy flow between rooms. Kitchen equipped with electric range cooktop, refrigerator, and laundry hookups conveniently located on the main level. The home sits on a full half-acre lot with some trees and ample space for outdoor living, gardening, or play. Room to personalize: With the solid “bones” in place, creative updates can make this house shine Single-story living means easier accessibility, lower maintenance, and simpler upkeep. Call Today for your private showing.

21. 2005-12-08
    soldstatus $50,000

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,000
• − Mortgage interest: −$5,596
• − Property taxes: −$1,498
• − Insurance: −$500
• − Repairs & maintenance: −$960
• − Management: −$960
• − Depreciation: −$2,906
• Taxable loss: −$420
• Est. tax savings @ 24.0%: +$101
• After-tax cash flow: $1,296/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: Calhoun County
• NCES district ID: 0100540
• Math proficiency: 19% ▼ -26.00%
• Reading proficiency: 49% ▬ 0.00%
• Median HH income: $44,891
• Composite: 28.91/100
• National rank: #6635
• State rank: #46 of 129 in AL

Livability — Weaver

• Score: 63/100
• State rank: #195
• US rank: #15696

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Weaver, AL
• City population: 5,153
• Population (ZIP): 5,153

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 (76%)
• Race & ethnicity: White 76% Black 16% Hispanic / Latino 5% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Italian 3% Portuguese 2% Slovak 2%
• Foreign-born: 2% · Canada, South Korea
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -41.96%
• Current HPI: 195.0725
• 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

+99.8% since first listed

4 events — show timeline

• 2025-10-02 Price Changed $99,900 Greater Alabama MLS
• 2025-08-29 Listed $109,900 Greater Alabama MLS
• 2025-08-25 Coming Soon $109,900 Greater Alabama MLS
• 2005-12-08 Sold (Public Records) $50,000 Public Records