114 E Teri Ct · Prattville, AL 36066

$232,000

4 bd · 1.0 ba · 1,404 sqft · SingleFamily public records · 37 Days on market

Built 1973 6,433 sqft lot $165/sqft · 41% above area Est $263k · 12% under ↓ 3% since listing

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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 +17.2/30.0
• ARV discount +12.8/15.0
• DSCR +5.4/10.0
• Livability +3.8/5.0
• 1% rule +3.7/10.0
• Rent growth +3.2/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

Key facts

• Integrated workshop
• Central hvac
• Central kitchen

Tags

• DANIEL PRATT SCHOOL ZONE
• CENTRAL KITCHEN
• DUAL LIVING SPACES
• INTEGRATED WORKSHOP
• LARGE LAUNDRY ROOM
• CENTRAL HVAC

Property features AI

Finance

• Other: Lot dimensions approximately 21x123x141x80x165

Exterior

• Parking: Driveway
• Security: Fire alarm
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; High-speed internet available
• Home design: Single-story home; Brick and HardiPlank-type exterior; Ridge vents roof; Slab foundation
• Construction: Built per public records; Brick and HardiPlank-type construction; Ridge vents roof; Slab foundation
• Exterior features: Fully fenced yard; Storage; Level lot; City lot located on a cul-de-sac; Mature trees

Interior

• Kitchen: Dishwasher; Electric range with smooth cooktop; Microwave; Refrigerator; Plumbed for ice maker; Gas water heater
• Bedrooms: Three bedrooms on the first level
• Flooring: Carpet; Laminate; Tile; Vinyl
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric and gas, multiple units); Central air conditioning (electric, multiple units)
• Interior features: Blinds and window treatments; Carpet, laminate, tile, and vinyl flooring
• Laundry & utility: Washer hookup; Dryer hookup; Laundry room on the first level

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $232k.

Deal economics

• At list price, monthly cash flow is $167 ($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 $201k (13.2% below list).
• Recommended offer: $201k (13.2% below list) — sets the bar for 1% rule.
• Cap rate 7.2% vs local median 4.2% in Prattville — 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 76/100 on livability (#11 in AL, #3,273 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: amenities D, commute F.
• Autauga County (rural): math 23% / reading 50% proficiency, ranked #34 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.9%/yr); 235 active listings in the ZIP; 11 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; solid renter incomes; 221 units permitted in Autauga County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Autauga County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($225k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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 $186k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $201,450 (13.2% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.87% ✗
• Cap rate: 7.16%
• Cash-on-cash: 3.08%
• DSCR: 1.14
• GRM: 9.6

CMA / ARV

• ARV (median comp): $262,832
• List price: $232,000
• Delta: -11.73%
• 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
111 W Teri Ct	0.22mi	3/2.0 (-1)	1,459 (+4%)	5mo	$245,000	$168	70
606 Sheila Blvd	0.45mi	3/2.0 (-1)	1,362 (-3%)	1mo	$200,000	$147	64
146 Beth Manor Dr	0.25mi	4/2.0	1,294 (-8%)	9mo	$182,500	$141	64
298 Teri Ln	0.29mi	3/2.0 (-1)	1,337 (-5%)	8mo	$157,000	$117	63
113 Lori St	0.40mi	4/2.0	1,489 (+6%)	10mo	$195,000	$131	59
520 Sheila Blvd	0.29mi	3/2.0 (-1)	1,560 (+11%)	5mo	$210,000	$135	55
1809 Jenny Dr	0.31mi	3/2.0 (-1)	1,212 (-14%)	2mo	$207,000	$171	52
739 Silver Hills Dr	0.39mi	3/2.5 (-1)	1,513 (+8%)	8mo	$200,000	$132	51
302 Janice St	0.49mi	3/2.0 (-1)	1,471 (+5%)	11mo	$220,000	$150	50
120 Beth Manor Dr	0.42mi	3/2.0 (-1)	1,251 (-11%)	8mo	$170,000	$136	47
616 Sheila Blvd	0.48mi	3/2.0 (-1)	1,536 (+9%)	11mo	$206,000	$134	44
112 Beth Manor Dr	0.49mi	3/2.0 (-1)	1,215 (-14%)	3mo	$175,000	$144	44

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 · 2.86% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-27,332
• Equity at exit: $34,592

10-year hold

• IRR: -2.7%
• Equity multiple: 0.82×
• Total profit: $-11,602
• Equity at exit: $20,059

Cash invested: $64,960 (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 36066

• Home prices YoY: -13.4%
• Rents YoY: 2.9%
• Active inventory: 235
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $2,014 high
• Mortgage (P&I): −$1,217
• Tax from tax record: −$111 /mo · $1,336/yr
• Insurance: −$97
• HOA: −$0
• Vacancy / Maint / Mgmt: −$423
• Net cashflow: $167

Break-even live

Break-even rent $1,803

Max offer price $232,000

Occupancy floor 87%

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: $58,000
• Closing costs: $6,960
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
113 Lori St Prattville, AL	4.0	2.0	1489	$1,700	$1.14	43d	1	0.39mi
710 Summer Ln Prattville, AL	3.0	2.0	1539	$1,600	$1.04	43d	1	0.52mi
110 Dellwood Ct Prattville, AL	3.0	2.0	1424	$1,700	$1.19	43d	1	0.70mi
790 Old Quarters Rd Prattville, AL	1.0–3.0	1.0–2.0	1146	$2,486	$2.17	13d	13	0.85mi
498 Greystone Way Prattville, AL	3.0	2.0	1873	$1,750	$0.93	13d	1	0.88mi
601 McQueen Village Rd Prattville, AL	1.0–3.0	1.0–2.0	937	$1,364	$1.45	13d	4	0.97mi
1291 Huie St Prattville, AL	3.0	2.0	1528	$1,761	$1.15	43d	1	1.07mi
1122 Oates Rd Prattville, AL	3.0	2.0	1707	$1,656	$0.97	43d	1	1.09mi
2100 Legends Dr Prattville, AL	1.0–3.0	1.0–2.0	1315	$2,213	$1.68	13d	13	1.12mi
106 Sweet Meadow Ct Prattville, AL	3.0	2.0	1752	$2,100	$1.20	13d	1	1.36mi
1117 Newton St Prattville, AL	3.0	1.5	1422	$1,400	$0.98	43d	1	1.40mi

Listing history 25 events

1. 2026-06-18
   days on market $232,000 Active 37 DOM
2. 2026-06-17
   days on market $232,000 Active 36 DOM
3. 2026-06-16
   days on market $232,000 Active 35 DOM
4. 2026-06-15
   days on market $232,000 Active 34 DOM
5. 2026-06-14
   days on market $232,000 Active 32 DOM
6. 2026-06-13
   days on market $232,000 Active 31 DOM
7. 2026-06-10
   days on market $232,000 Active 29 DOM
8. 2026-06-09
   days on market $232,000 Active 28 DOM
9. 2026-06-08
   days on market $232,000 Active 27 DOM
10. 2026-06-07
    pricedays on market $232,000 Active 26 DOM
11. 2026-06-03
    days on market $235,000 Active 22 DOM
12. 2026-06-02
    days on market $235,000 Active 21 DOM
13. 2026-06-01
    days on market $235,000 Active 20 DOM
14. 2026-05-31
    days on market $235,000 Active 19 DOM
15. 2026-05-30
    days on market $235,000 Active 18 DOM
16. 2026-05-12
    listed $235,000 Active 1731-char remark
17. 2023-05-03
    soldstatus $185,900
18. 2023-04-28
    soldstatus $185,900 Closed 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

19. 2023-03-25
    status Pending 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

20. 2023-03-01
    historical Contingent 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

21. 2023-02-27
    status Active 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

22. 2023-02-21
    historical Contingent 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

23. 2023-02-18
    price $185,900 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

24. 2023-01-14
    price $219,900 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

25. 2022-11-23
    listed $240,000 Active 851-char remark

    Show marketing remark (851 chars)

    Very nice 4 bedrooms 2 bath home, with +/- 2244 sq. ft. One of the largest homes in the neighborhood. Has lots of storage space, rooms are really nice sizes with ample closet space. Nice eat-in-kitchen area, huge hall closet. Master suite bathroom has walk-in in shower, has his/hers closets. Driveway has parking for 4+/- cars. Beautiful oversized fully fenced back yard with a double size gate. Home is in good condition; solid and strong, just waiting for your personal touch. This house has tons of living space with two living areas that could be used for formal dining, office or relaxing with the family. Another large room on the back of the house could be used as an office, another living area or workshop/craft room. Zoned for Daniel Pratt School and is within walking distance. Very convenient to shopping centers and fabulous restaurants.

ⓘ 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: $1,336 · $111/mo
• Projected year-2 tax: $1,336 · $111/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $24,174
• − Mortgage interest: −$12,996
• − Property taxes: −$1,336
• − Insurance: −$1,160
• − Repairs & maintenance: −$1,934
• − Management: −$1,934
• − Depreciation: −$6,749
• Taxable loss: −$1,935
• Est. tax savings @ 24.0%: +$464
• After-tax cash flow: $2,466/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: Autauga County
• NCES district ID: 0100240
• Math proficiency: 23% ▼ -31.00%
• Reading proficiency: 50% ▼ -5.00%
• Median HH income: $52,974
• Composite: 31.77/100
• National rank: #5892
• State rank: #34 of 129 in AL

Livability — Prattville

• Score: 76/100
• State rank: #11
• US rank: #3273

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prattville, AL
• County: Autauga County · 50,925 people
• City population: 50,925
• Metro: Montgomery, AL
• Population (ZIP): 22,632
• Household income: $86,278
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 683.0

Population outlook (Autauga County) Hauer SSP2

• Today (2025): 55,958 people
• By 2030: 55,810 · -0.3%
• By 2040: 54,892 · -1.9%
• By 2050: 53,062 · -5.2%
• By 2075: 49,425 · -11.7%
• By 2100: 45,110 · -19.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 5% Hispanic / Latino 4% Asian 2%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Spanish 3% Other Asian/Pacific 1% Tagalog/Filipino 1%

Political lean MEDSL · Autauga

• 2024 margin: Solid R (+46.3) · D 26.4% · R 72.7%
• 2008→2024 swing: +1.6pp toward D · 2008: -47.8pp · 2024: -46.3pp
• All cycles: 2024: R+46.3 2020: R+44.4 2016: R+49.5 2012: R+46.0 2008: R+47.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.80%
• Current HPI: 198.2636
• Rent YoY: ▲ 2.86%
• 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

-3.3% since first listed

11 events — show timeline

• 2026-06-03 Price Changed $232,000 MAAR
• 2026-05-12 Listed $235,000 MAAR
• 2023-05-03 Sold (Public Records) $185,900 Public Records
• 2023-04-28 Sold (MLS) $185,900 MAAR
• 2023-03-25 Pending — MAAR
• 2023-03-01 Contingent — MAAR
• 2023-02-27 Relisted — MAAR
• 2023-02-21 Contingent — MAAR
• 2023-02-18 Price Changed $185,900 MAAR
• 2023-01-14 Price Changed $219,900 MAAR
• 2022-11-23 Listed $240,000 MAAR

Property tax history

+11.8%/yr

Latest (2025): $1,336 · +6.7% YoY. Source: county tax records.