679 Cambridge Dr · Madison, AL 35758

$349,900

3 bd · 1.0 ba · 1,867 sqft · SingleFamily public records · 1 Days on market

Built 1984 0.44 ac lot Est $321k · 9% over

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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).

• Appreciation +10.0/10.0
• Cash flow +6.3/30.0
• Schools +5.6/10.0
• Livability +3.8/5.0
• ARV discount +3.5/15.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• DSCR +0.7/10.0
• 1% rule +0.4/10.0

Listing remarks

Charming 3BR/2 Full BA rancher in prime Madison location just mins to Midtowne, I-565 & Hwy. 72. Cul-de-sac Lot!This home Features vaulted ceilings as you enter the Living area, Bay window in breakfast, updated kitchen with Granite countertops, tile backsplash & floor, Family Rm features FP and New French doors that lead to an oversized deck with handicap-accessible ramp. Wooden fenced yard with mature landscaping. Shed with electricity! Primary BR with huge BA includes vaulted ceiling with new sky light & shade. Jetted tub! Updates include:NEW- roof, water heater, exterior & interior paint, light fixtures, skylight & shade, water filtratiion. & french doo

Key facts

• Cul-de-sac lot
• Bay window
• Updated kitchen

Tags

• PRIME MADISON LOCATION
• CUL-DE-SAC LOT
• VAULTED CEILINGS
• BAY WINDOW
• UPDATED KITCHEN
• GRANITE COUNTERTOPS

Property features AI

Finance

• Other: Directions available: 565W to Madison Blvd exit, right on Slaughter Road, left on Madison Pike, left on Cambridge Drive; home on the right
• HOA & community: No homeowners association; Subdivision: Cambridge Woods

Exterior

• Parking: Two-car garage; Paved asphalt driveway
• Utilities: Public water; Public sewer; Electric service (standard)
• Home design: Single-family residence; One level; Built in 1984; Brick construction
• Construction: Brick exterior
• Exterior features: Public water; Public sewer; Lot approximately 0.44 acres

Interior

• Bedrooms: Total of 8 rooms (includes bedrooms and living areas)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Crawl space basement; Fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-614 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $241k (31.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (46.2% below list).
• Recommended offer: $188k (46.2% below list) — sets the bar for 1% rule.
• Cap rate 4.2% vs local median 2.6% in Madison — 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 (#12 in AL, #3,280 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime B+; Watch: amenities F, commute F.
• Madison City (suburban): math 51% / reading 71% proficiency, ranked #4 of 129 in AL (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Zoned schools: Midtown Elementary School (math 49% / reading 78%, grade B, #46 of 627 statewide, top 8%, 999 students, 26% FRL); Discovery Middle School (math 46% / reading 69%, grade B, #13 of 257 statewide, top 5%, 1,334 students, 25% FRL); Bob Jones High School (math 53% / reading 51%, grade D+, #11 of 305 statewide, top 4%, 1,920 students, 24% FRL).
• Market conditions: Rents rising (+1.6%/yr); 382 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $37k of equity ($2k loan paydown + $35k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$60k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $188,147 (46.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-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?
4. 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?
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: 0.54% ✗
• Cap rate: 4.19%
• Cash-on-cash: -7.52%
• DSCR: 0.67
• GRM: 15.5

CMA / ARV

• ARV (on-the-fly): $321,124
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
675 Cambridge Dr	0.04mi	3/2.0	1,890 (+1%)	2mo	$340,000	$180	91
604 Ambrose Dr	0.07mi	4/2.5 (+1)	1,808 (-3%)	0mo	$312,000	$173	80
119 Betty Williams Dr	0.41mi	4/2.0 (+1)	1,841 (-1%)	2mo	$315,900	$172	68
121 Betty Williams Dr	0.42mi	4/2.0 (+1)	1,841 (-1%)	2mo	$315,000	$171	68
115 Betty Williams Dr	0.43mi	4/2.0 (+1)	1,841 (-1%)	2mo	$315,000	$171	67
118 Betty Williams Dr	0.44mi	4/2.0 (+1)	1,841 (-1%)	2mo	$313,900	$171	67
116 Betty Williams Dr	0.45mi	4/2.0 (+1)	1,841 (-1%)	2mo	$314,900	$171	66
108 Betty Williams Dr	0.50mi	4/2.0 (+1)	1,841 (-1%)	3mo	$313,900	$171	63
304 Pineridge Cir	0.59mi	3/2.0	1,820 (-2%)	2mo	$360,000	$198	63
108 Stavemill Cir	0.28mi	3/2.0	1,629 (-13%)	1mo	$379,900	$233	61
1005 Wood Cir	0.51mi	3/2.0	1,618 (-13%)	1mo	$310,000	$192	49
1109 Woodbine Rd	0.69mi	3/2.0	1,609 (-14%)	1mo	$225,000	$140	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 1.58% rent growth · sell at horizon

5-year hold

• IRR: 18.7%
• Equity multiple: 2.52×
• Total profit: $148,629
• Equity at exit: $315,218

10-year hold

• IRR: 17.1%
• Equity multiple: 5.73×
• Total profit: $463,045
• Equity at exit: $679,779

Cash invested: $97,972 (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 35758

• Home prices YoY: 4.2%
• Rents YoY: 1.6%
• Active inventory: 382
• Price-to-rent: 15.5×

Monthly cashflow live

• Estimated rent: $1,881 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$120 /mo · $1,438/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $-614

Break-even live

Break-even rent $2,659

Max offer price $241,399

Occupancy floor —

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
104 Kathy Cir Madison, AL	3.0	2.0	1768	$1,995	$1.13	43d	1	0.16mi
416 Walton Rd Madison, AL	3.0	2.0	1306	$1,795	$1.37	14d	1	0.17mi
712 Marion Dr Madison, AL	3.0	1.0	1253	$1,450	$1.16	43d	1	0.25mi
709 Marion Dr Madison, AL	3.0	2.0	2050	$1,795	$0.88	21d	1	0.25mi
619 Larry Dr Madison, AL	4.0	2.0	2093	$2,031	$0.97	23d	1	0.26mi
101 Springfield Ln Madison, AL	3.0	2.0	1640	$2,350	$1.43	43d	1	0.40mi
121 Betty Garrett Dr Madison, AL	4.0	2.0	1841	$2,000	$1.09	43d	1	0.43mi
115 Betty Garrett Dr Madison, AL	4.0	2.0	1841	$2,090	$1.14	23d	1	0.44mi
112 Betty Garrett Dr Madison, AL	4.0	2.0	1841	$2,049	$1.11	43d	1	0.47mi
200 Millstone Ln Madison, AL	3.0	2.0	1425	$2,000	$1.40	43d	1	0.48mi
245 Pineridge Rd Madison, AL	3.0	2.0	1812	$2,000	$1.10	43d	1	0.51mi
103 Betty Garrett Dr Madison, AL	4.0	2.0	1537	$2,600	$1.69	43d	1	0.51mi
1006 Wood Cir Madison, AL	3.0	2.0	2173	$1,899	$0.87	43d	1	0.52mi
180 Hughes Rd Madison, AL	1.0–4.0	1.0–3.5	1373	$2,250	$1.64	14d	45	0.55mi
1105 Woodbine Rd Madison, AL	3.0	1.5	1254	$1,500	$1.20	23d	1	0.67mi
102 Acacia Trail Dr Madison, AL	3.0	2.0	2005	$2,000	$1.00	21d	1	0.73mi
1016 Seina Vista Dr Madison, AL	3.0	2.0	1981	$2,100	$1.06	14d	1	0.75mi
425 Falls PT SW Unit 1 Madison, AL	3.0	3.0	1375	$1,615	$1.17	43d	1	0.80mi
134 Michli Rd Madison, AL	2.0	2.5	1564	$1,595	$1.02	43d	1	0.95mi
128 Michli Rd Madison, AL	2.0	3.0	1564	$1,550	$0.99	43d	1	0.96mi
105 Whisperbrook Cir Madison, AL	3.0	2.0	1608	$1,800	$1.12	23d	1	0.97mi
4286 Sullivan St Madison, AL	3.0	2.0	1815	$2,100	$1.16	21d	1	1.01mi
7900 Old Madison Pike Madison, AL	2.0–4.0	1.0–2.5	1313	$1,445	$1.10	14d	11	1.01mi
2002 Flagstone Dr Madison, AL	1.0–3.0	1.0–2.0	973	$1,544	$1.59	14d	77	1.03mi
2300 Colonial Lake Dr Madison, AL	1.0–3.0	1.0–2.0	1083	$1,338	$1.23	14d	39	1.03mi
722 Highland Dr Madison, AL	3.0	2.5	1938	$1,750	$0.90	14d	1	1.05mi
114 Telluride Dr Madison, AL	3.0	2.0	1578	$1,795	$1.14	43d	1	1.12mi
129 Telluride Dr Madison, AL	3.0	2.0	1912	$1,885	$0.99	23d	1	1.13mi
85 Shorter St Madison, AL	3.0	1.0–3.0	1182	$1,799	$1.52	43d	13	1.26mi
128 Lewis Ln Madison, AL	3.0	2.0	1680	$1,700	$1.01	43d	1	1.34mi
227 Park Stone Dr Madison, AL	4.0	2.5	2516	$2,300	$0.91	23d	1	1.35mi
133 Lewis Ln Madison, AL	3.0	2.0	1547	$1,945	$1.26	43d	1	1.37mi
240 Stadium Way Madison, AL	1.0–2.0	1.0–2.0	995	$1,690	$1.70	14d	29	1.38mi
202 High Rd Madison, AL	3.0	2.5	1759	$2,375	$1.35	23d	1	1.41mi
106 Teal Park Ln Madison, AL	3.0	2.0	1707	$1,950	$1.14	14d	1	1.47mi
286 Slaughter Rd NW Madison, AL	1.0–3.0	1.0–3.0	1385	$2,199	$1.59	13d	31	1.48mi
1 Madison Park Dr Madison, AL	1.0–3.0	1.0–2.0	1149	$2,157	$1.88	13d	18	1.49mi

Listing history 2 events

1. 2026-05-22
   status Pending
2. 2026-05-20
   listed $349,900 Active

ⓘ 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: $1,438 · $120/mo
• Projected year-2 tax: $1,438 · $120/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 5/10 Major 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,578
• − Mortgage interest: −$19,600
• − Property taxes: −$1,438
• − Insurance: −$1,750
• − Repairs & maintenance: −$1,806
• − Management: −$1,806
• − Depreciation: −$10,179
• Taxable loss: −$14,001
• Est. tax savings @ 24.0%: +$3,360
• After-tax cash flow: $-4,010/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: Madison City
• NCES district ID: 0100008
• Math proficiency: 51% ▼ -25.00%
• Reading proficiency: 71% ▼ -2.00%
• Median HH income: $89,091
• Composite: 55.56/100
• National rank: #1238
• State rank: #4 of 129 in AL

Livability — Madison

• Score: 76/100
• State rank: #12
• US rank: #3280

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, AL
• County: Madison County · 380,832 people
• City population: 93,742
• Metro: Huntsville, AL
• Population (ZIP): 50,266
• Household income: $117,380
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 875.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 14% Hispanic / Latino 8% Asian 7% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, South Korea, Vietnam
• Languages at home: 87% English-only · Spanish 5% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.46%
• Current HPI: 355.2784
• Rent YoY: ▲ 1.58%
• Metro: Huntsville, 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

2 events — show timeline

• 2026-05-22 Pending — VMLS
• 2026-05-20 Listed $349,900 VMLS

Property tax history

-2.6%/yr

Latest (2024): $1,438 · +2.1% YoY. Source: county tax records.