3350 Wilmington Rd · Montgomery, AL 36105

$99,900

3 bd · 2.0 ba · 1,644 sqft · SingleFamily public records · 44 Days on market

Built 1940 $61/sqft · 31% below area Est $144k · 31% under

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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 +28.9/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors, homeowners, do not miss this opportunity. Sure there is some repair work that needs to be done, but this charming home can be made to shine again. Home includes Florida room with hard tile and a deck overlooking the private backyard. Buyer to check all systems.

Key facts

• Tile in bathrooms
• Tile in sunroom
• Tile in kitchen

Tags

• ORIGINAL HARDWOOD FLOORS
• TILE IN KITCHEN
• TILE IN BATHROOMS
• TILE IN SUNROOM
• BACKYARD DECK

Property features AI

Exterior

• Parking: Driveway
• Utilities: Electricity available; Public water; Public sewer
• Home design: Single-story home
• Construction: Brick and wood siding construction; Year built per public records
• Exterior features: Deck; Partial fencing; Fence; City lot

Interior

• Kitchen: Electric range; Plumbed for ice maker
• Bedrooms: Two bedrooms on the first floor
• Flooring: Carpet; Tile; Wood
• Bathrooms: Two full bathrooms on the first floor
• Heating & cooling: Central heating; Electric heating; Ceiling fan(s)
• Interior features: One fireplace; Florida room
• 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 $100k.

Deal economics

• At list price, monthly cash flow is $339 ($4k/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: $97k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.4% vs local median 6.0% in Montgomery — 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 65/100 on livability (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D, crime F.
• 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.
• Market conditions: 79 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).
• This rent runs 37% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 25y ago; this cycle's ask has dropped $9k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $34k; list at $100k implies a 190% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,903 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.26% ✓
• Cap rate: 10.36%
• Cash-on-cash: 14.52%
• DSCR: 1.65
• GRM: 6.6

CMA / ARV

• ARV (median comp): $143,772
• List price: $99,900
• Delta: -30.52%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3115 Lexington Rd	0.35mi	3/2.0	1,620 (-2%)	5mo	$226,000	$140	77
3417 Wellington Rd	0.30mi	3/2.0	1,722 (+5%)	1mo	$100,000	$58	77
615 Hubbard St	0.36mi	3/1.0	1,586 (-4%)	0mo	$112,000	$71	73
3607 S Court St	0.43mi	3/2.0	1,703 (+4%)	2mo	$32,500	$19	73
3200 S Perry St	0.41mi	3/2.0	1,564 (-5%)	0mo	$60,000	$38	72
3469 Wellington Rd	0.30mi	3/2.0	1,782 (+8%)	3mo	$49,900	$28	70
3357 S Hull St	0.04mi	3/1.0	1,413 (-14%)	3mo	$46,000	$33	68
3134 S Hull St	0.28mi	3/2.0	1,830 (+11%)	2mo	$115,000	$63	66
1908 Norman Bridge Ct	0.54mi	3/2.0	1,762 (+7%)	2mo	$129,000	$73	61
641 E Edgemont Ave	0.25mi	4/1.5 (+1)	1,430 (-13%)	2mo	$143,000	$100	58
3460 Cloverdale Rd	0.55mi	4/2.0 (+1)	1,562 (-5%)	3mo	$166,900	$107	58
1935 Norman Bridge Rd	0.61mi	3/2.0	1,526 (-7%)	2mo	$57,237	$38	58

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: 5.0%
• Equity multiple: 1.19×
• Total profit: $5,372
• Equity at exit: $14,895

10-year hold

• IRR: 14.4%
• Equity multiple: 2.16×
• Total profit: $32,440
• 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 36105

• Home prices YoY: -32.6%
• Active inventory: 79
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,264 high
• Mortgage (P&I): −$524
• Tax from tax record: −$94 /mo · $1,131/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $339

Break-even live

Break-even rent $835

Max offer price $99,900

Occupancy floor 68%

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 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3338 S Hull St Montgomery, AL	2.0	2.0	1311	$1,150	$0.88	20d	1	0.10mi
3386 Lexington Rd Unit B Montgomery, AL	2.0	1.0	1950	$900	$0.46	20d	1	0.15mi
3235 Norman Bridge Rd Montgomery, AL	3.0	1.0	1873	$900	$0.48	43d	1	0.16mi
3357 Lexington Rd Montgomery, AL	2.0	1.0	1200	$1,175	$0.98	13d	1	0.17mi
3304 Gilmer Ave Montgomery, AL	4.0	2.0	2009	$1,400	$0.70	20d	1	0.19mi
3256 Montezuma Rd Montgomery, AL	3.0	2.0	1515	$1,450	$0.96	43d	1	0.34mi
3369 Montezuma Rd Montgomery, AL	3.0	1.0	1281	$1,150	$0.90	43d	1	0.36mi
139 Mount Vernon Dr Unit A Montgomery, AL	4.0	2.5	1700	$1,000	$0.59	43d	1	0.36mi
3515 Norman Bridge Rd Unit A Montgomery, AL	2.0	1.0	1150	$1,150	$1.00	43d	1	0.43mi
105 Arlington Rd Unit B Montgomery, AL	2.0	1.0	1100	$925	$0.84	43d	1	0.46mi
1919 Norman Bridge Ct Unit 1043838P Montgomery, AL	4.0	3.0	1539	$4,108	$2.67	43d	1	0.50mi
3445 Le Bron Rd Montgomery, AL	4.0	1.0	1100	$1,050	$0.95	20d	1	0.51mi
3544 Southmont Dr Montgomery, AL	4.0	1.5	1774	$1,300	$0.73	20d	1	0.53mi
428 Thorn Pl Montgomery, AL	2.0	1.0	1549	$1,450	$0.94	43d	1	0.53mi
3356 Audubon Rd Montgomery, AL	2.0	1.5	1340	$950	$0.71	43d	1	0.55mi
906 E Fairview Ave Unit 902 Montgomery, AL	2.0	1.0	1100	$995	$0.90	20d	1	0.57mi
519 Thorn Pl Montgomery, AL	2.0	1.0	1632	$650	$0.40	20d	1	0.58mi
3543 Berkley Dr Montgomery, AL	4.0	2.0	2067	$1,575	$0.76	13d	1	0.62mi
3608 Wilmington Rd Montgomery, AL	3.0	1.0	1160	$950	$0.82	43d	1	0.63mi
334 Felder Ave Montgomery, AL	3.0	2.0	2223	$2,395	$1.08	43d	1	0.74mi
3510 Bankhead Ave Montgomery, AL	3.0	3.0	2210	$2,250	$1.02	43d	1	0.76mi
2727 Boultier St Montgomery, AL	1.0–3.0	1.0–2.0	1070	$1,582	$1.48	13d	3	0.81mi
3735 Bridlewood Dr Montgomery, AL	3.0	1.0	1386	$895	$0.65	43d	1	0.85mi
3649 Princeton Rd Montgomery, AL	3.0	1.0	1266	$1,200	$0.95	20d	1	0.94mi
3737 Wesley Dr Montgomery, AL	3.0	2.0	1050	$1,280	$1.22	43d	1	0.95mi
3708 Princeton Rd Montgomery, AL	2.0	2.0	1749	$900	$0.51	20d	1	0.99mi
3701 Wesley Dr Unit 3737 Montgomery, AL	3.0	2.0	1050	$1,280	$1.22	43d	1	0.99mi
1259 S Lawrence St Montgomery, AL	3.0	1.0	1728	$1,300	$0.75	43d	1	0.99mi
3720 Stanley Dr Montgomery, AL	4.0	2.0	1719	$1,650	$0.96	20d	1	1.00mi
1301 S Perry St Unit A Montgomery, AL	2.0	1.0	1100	$950	$0.86	13d	1	1.04mi
24 Flood St Montgomery, AL	2.0	1.0	1140	$1,000	$0.88	20d	1	1.10mi
3616 Gaston Ave Montgomery, AL	4.0	2.0	1629	$1,300	$0.80	43d	1	1.10mi
1314 S Court St Montgomery, AL	2.0	2.0	1650	$1,495	$0.91	13d	1	1.10mi
3577 Whiting Ave Montgomery, AL	3.0	1.0	1269	$1,150	$0.91	43d	1	1.13mi
4148 Edgar D Nixon Ave Montgomery, AL	4.0	1.0	1208	$1,200	$0.99	43d	1	1.16mi
1450 Crenshaw Pl S Montgomery, AL	3.0	2.0	1641	$1,775	$1.08	43d	1	1.17mi
548 Winston Dr Montgomery, AL	2.0	2.5	1396	$1,000	$0.72	43d	1	1.17mi
1425 Blairwood Montgomery, AL	3.0	2.0	1700	$1,850	$1.09	13d	1	1.18mi
1020 S Lawrence St Montgomery, AL	2.0	1.0	1711	$2,000	$1.17	13d	1	1.19mi
1437 Beaumont Dr Montgomery, AL	4.0	2.0	2029	$1,500	$0.74	43d	1	1.20mi

Listing history 25 events

1. 2026-06-18
   days on market $99,900 Active 44 DOM
2. 2026-06-17
   days on market $99,900 Active 43 DOM
3. 2026-06-16
   days on market $99,900 Active 42 DOM
4. 2026-06-15
   days on market $99,900 Active 41 DOM
5. 2026-06-14
   days on market $99,900 Active 39 DOM
6. 2026-06-13
   pricedays on market $99,900 Active 38 DOM
7. 2026-06-10
   days on market $104,500 Active 36 DOM
8. 2026-06-09
   days on market $104,500 Active 35 DOM
9. 2026-06-08
   days on market $104,500 Active 34 DOM
10. 2026-06-07
    days on market $104,500 Active 33 DOM
11. 2026-06-03
    days on market $104,500 Active 29 DOM
12. 2026-06-02
    days on market $104,500 Active 28 DOM
13. 2026-06-01
    days on market $104,500 Active 27 DOM
14. 2026-05-31
    days on market $104,500 Active 26 DOM
15. 2026-05-30
    days on market $104,500 Active 25 DOM
16. 2026-05-19
    price $104,500 1463-char remark
17. 2026-05-15
    price $107,000 1463-char remark
18. 2026-05-05
    listed $109,000 Active 1463-char remark
19. 2009-08-27
    soldstatus $34,500 272-char remark

    Show marketing remark (272 chars)

    Investors, homeowners, do not miss this opportunity. Sure there is some repair work that needs to be done, but this charming home can be made to shine again. Home includes Florida room with hard tile and a deck overlooking the private backyard. Buyer to check all systems.

20. 2009-07-28
    listed $36,500 272-char remark

    Show marketing remark (272 chars)

    Investors, homeowners, do not miss this opportunity. Sure there is some repair work that needs to be done, but this charming home can be made to shine again. Home includes Florida room with hard tile and a deck overlooking the private backyard. Buyer to check all systems.

21. 2004-08-30
    soldstatus $69,000

    Show marketing remark (88 chars)

    NEW STOVE TO REMAIN/HARDWOOD FLOORS/FLORIDA ROOM HAS TILE FLOORS/NICE LARGE DECK ON BACK

22. 2004-01-07
    listed $71,900

    Show marketing remark (88 chars)

    NEW STOVE TO REMAIN/HARDWOOD FLOORS/FLORIDA ROOM HAS TILE FLOORS/NICE LARGE DECK ON BACK

23. 2003-06-16
    listed $74,000
24. 2001-07-27
    soldstatus $63,900
25. 2001-03-18
    listed $63,900

ⓘ 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: $1,131 · $94/mo
• Projected year-2 tax: $1,131 · $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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 19 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: $15,164
• − Mortgage interest: −$5,596
• − Property taxes: −$1,131
• − Insurance: −$500
• − Repairs & maintenance: −$1,213
• − Management: −$1,213
• − Depreciation: −$2,906
• Taxable income: $2,605
• Est. tax owed @ 24.0%: −$625
• After-tax cash flow: $3,437/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): 9,207
• Household income: $41,486
• Rent vs Own: 39.9% rent · 60.1% own
• Severe rent burden: 679.0

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 (83%)
• Race & ethnicity: Black 83% White 12% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Italian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -31.17%
• Current HPI: 64.4673
• Rent YoY: —
• 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

+56.3% since first listed

11 events — show timeline

• 2026-06-11 Price Changed $99,900 MAAR
• 2026-05-19 Price Changed $104,500 MAAR
• 2026-05-15 Price Changed $107,000 MAAR
• 2026-05-05 Listed $109,000 MAAR
• 2009-08-27 Sold (MLS) $34,500 MAAR
• 2009-07-28 Listed $36,500 MAAR
• 2004-08-30 Sold (MLS) $69,000 MAAR
• 2004-01-07 Listed $71,900 MAAR
• 2003-06-16 Listed $74,000 MAAR
• 2001-07-27 Sold (MLS) $63,900 MAAR
• 2001-03-18 Listed $63,900 MAAR

Property tax history

+7.4%/yr

Latest (2025): $1,131 · +7.0% YoY. Source: county tax records.