501 Rosewood Ave · Anniston, AL 36201

$47,000

2 bd · 1.0 ba · 837 sqft · SingleFamily public records · 97 Days on market

Built 1955 9,147 sqft lot $56/sqft · 35% below area Est $72k · 35% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

Key facts

• Covered front porch
• Metal roof
• 9,147 sq ft lot

Tags

• COVERED FRONT PORCH
• METAL ROOF

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $47k.

Deal economics

• At list price, monthly cash flow is $582 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $47k).
• Recommended offer: $43k (9.0% below list) — sets the bar for market timing.
• Cap rate 21.1% vs local median 5.1% in Anniston — 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 58/100 on livability (#348 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D-, crime F, amenities F.
• Anniston City (urban): math 2% / reading 12% proficiency, ranked #128 of 129 in AL (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 87% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 73 active listings in the ZIP; 2 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 $325 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($43k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $13k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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 $42,770 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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. 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?
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: 2.40% ✓
• Cap rate: 21.14%
• Cash-on-cash: 53.03%
• DSCR: 3.36
• GRM: 3.5

CMA / ARV

• ARV (median comp): $71,919
• List price: $47,000
• Delta: -34.65%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3030 Moore Ave	0.58mi	2/1.0	928 (+11%)	1mo	$22,500	$24	54
2916 Mckleroy Ave	0.73mi	2/1.0	756 (-10%)	2mo	$80,000	$106	48
3006 Mckleroy Ave	0.64mi	3/1.0 (+1)	784 (-6%)	18mo	$18,000	$23	40

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: 51.1%
• Equity multiple: 3.24×
• Total profit: $29,431
• Equity at exit: $7,008

10-year hold

• IRR: 56.5%
• Equity multiple: 6.57×
• Total profit: $73,355
• Equity at exit: $4,064

Cash invested: $13,160 (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 36201

• Active inventory: 73
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,129 medium
• Mortgage (P&I): −$246
• Tax from tax record: −$44 /mo · $528/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $582

Break-even live

Break-even rent $393

Max offer price $47,000

Occupancy floor 43%

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: $11,750
• Closing costs: $1,410
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
305 Dogwood Ave Anniston, AL	3.0	2.0	1015	$1,100	$1.08	43d	1	0.18mi
2117 Moore Ave Unit NA Anniston, AL	2.0	1.0	1102	$1,385	$1.26	43d	1	1.49mi

Listing history 10 events

1. 2026-05-05
   status Pending 197-char remark

   Show marketing remark (197 chars)

   Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

2. 2026-04-29
   price $47,000 197-char remark

   Show marketing remark (197 chars)

   Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

3. 2026-04-13
   price $50,000 197-char remark

   Show marketing remark (197 chars)

   Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

4. 2026-02-27
   price $55,000 197-char remark

   Show marketing remark (197 chars)

   Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

5. 2026-02-19
   price $57,000 197-char remark

   Show marketing remark (197 chars)

   Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

6. 2026-01-26
   listed $60,000 Active 197-char remark

   Show marketing remark (197 chars)

   Charming 2-bedroom, 1 bath, living-room, dining room, and kitchen. The home has a covered front porch, a one car carport, and a one car detached garage. The home has a metal roof. New owner needed.

7. 2023-08-04
   soldstatus $75,000
8. 2017-06-28
   soldstatus $33,000 Sold 315-char remark

   Show marketing remark (315 chars)

   "Cute and Cozy". .. . This one level home is situated on a hill top. 2 bedrooms, 1 bath, living room , kitchen with appliances remaining, laundry room with a washer and dryer that will stay. Vinyl siding and trim, 1 car carport, Central Heat and air. Very nice cedar stained wood storage building in back.

9. 2017-04-26
   historical Contingent 315-char remark

   Show marketing remark (315 chars)

   "Cute and Cozy". .. . This one level home is situated on a hill top. 2 bedrooms, 1 bath, living room , kitchen with appliances remaining, laundry room with a washer and dryer that will stay. Vinyl siding and trim, 1 car carport, Central Heat and air. Very nice cedar stained wood storage building in back.

10. 2016-06-30
    listed $39,900 Active 315-char remark

    Show marketing remark (315 chars)

    "Cute and Cozy". .. . This one level home is situated on a hill top. 2 bedrooms, 1 bath, living room , kitchen with appliances remaining, laundry room with a washer and dryer that will stay. Vinyl siding and trim, 1 car carport, Central Heat and air. Very nice cedar stained wood storage building in back.

ⓘ 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: $528 · $44/mo
• Projected year-2 tax: $528 · $44/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $13,544
• − Mortgage interest: −$2,633
• − Property taxes: −$528
• − Insurance: −$235
• − Repairs & maintenance: −$1,084
• − Management: −$1,084
• − Depreciation: −$1,367
• Taxable income: $6,613
• Est. tax owed @ 24.0%: −$1,587
• After-tax cash flow: $5,391/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: Anniston City
• NCES district ID: 0100090
• Math proficiency: 2% ▼ -20.00%
• Reading proficiency: 12% ▼ -15.00%
• Median HH income: $31,824
• Composite: 5.36/100
• National rank: #10030
• State rank: #128 of 129 in AL

Livability — Anniston

• Score: 58/100
• State rank: #348
• US rank: #20680

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anniston, AL
• City population: 19,220
• Population (ZIP): 17,406

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 47% Black 46% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Slovak 1% Scandinavian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% 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: ▼ -78.92%
• Current HPI: 59.1512
• 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

+17.8% since first listed

10 events — show timeline

• 2026-05-05 Pending — Greater Alabama MLS
• 2026-04-29 Price Changed $47,000 Greater Alabama MLS
• 2026-04-13 Price Changed $50,000 Greater Alabama MLS
• 2026-02-27 Price Changed $55,000 Greater Alabama MLS
• 2026-02-19 Price Changed $57,000 Greater Alabama MLS
• 2026-01-26 Listed $60,000 Greater Alabama MLS
• 2023-08-04 Sold (Public Records) $75,000 Public Records
• 2017-06-28 Sold (MLS) $33,000 Greater Alabama MLS
• 2017-04-26 Contingent — Greater Alabama MLS
• 2016-06-30 Listed $39,900 Greater Alabama MLS

Property tax history

+43.4%/yr

Latest (2025): $528 · +0.0% YoY. Source: county tax records.