106 Barnard St · Triana, AL 35756

$300,000

4 bd · 1.0 ba · 2,099 sqft · SingleFamily public records · 45 Days on market

Built 2012 9,147 sqft lot $143/sqft · at area comps Est $358k · 16% under $13/mo HOA · 1% of rent

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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).

• ARV discount +14.8/15.0
• Cash flow +8.4/30.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on market due to purchasers lending falling apart, no fault of the seller or home. Can not be shown until 3/29/2021. Move-in ready home. Covered porches in front and back, isolated master, beautiful floors, updated kitchen and spacious living areas. Home has been professionally cleaned, and was recently painted.

Key facts

• Updated kitchen
• Functional layout
• Easy access to i-565

Tags

• COVERED FRONT AND BACK PORCHES
• UPDATED KITCHEN
• FUNCTIONAL LAYOUT
• RELAXING OUTDOOR SPACES
• EASY ACCESS TO I-565

Property features AI

Finance

• Other: Lot size approximately 0.21 acres; Living area approximately 2,627 square feet; Subdivision: The Grove At Savannah
• Financial info: No specific financial details provided
• HOA & community: Homeowners association with an annual fee of $150

Exterior

• Parking: Two-car garage
• Security: No security details provided
• Utilities: Public water service; Private sewer service
• Home design: Single-family residence; One level; Built in 2012
• Construction: Stone construction; Slab foundation; No fireplaces
• Exterior features: Public water; Private sewer; Lot in The Grove At Savannah subdivision

Interior

• Kitchen: No kitchen appliance details provided
• Bedrooms: No bedroom count provided
• Flooring: No flooring details provided
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: Seven total rooms
• Laundry & utility: No laundry or utility appliance details provided

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-269 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $252k (15.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $215k (28.4% below list).
• Recommended offer: $215k (28.4% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 4.0% in Triana — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 65/100 on livability (#125 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Monrovia Elementary School (math 37% / reading 69%, grade C, #100 of 627 statewide, top 16%, 495 students, 29% FRL); Monrovia Middle School (math 29% / reading 66%, grade C-, #32 of 257 statewide, top 12%, 1,003 students, 31% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL) — zoned schools at 32% FRL track the district average.
• Market conditions: Rents rising (+1.1%/yr); 826 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,709 units permitted in Madison County in 2024 (1,186 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 $9k of value loss. Plan a longer hold.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y 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 $255k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $214,757 (28.4% 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. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-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. 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?
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: 0.72% ✗
• Cap rate: 5.22%
• Cash-on-cash: -3.85%
• DSCR: 0.83
• GRM: 11.6

CMA / ARV

• ARV (median comp): $358,450
• List price: $300,000
• Delta: -16.31%
• 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
125 Betty Williams Dr	0.38mi	5/3.0 (+1)	2,092 (-0%)	0mo	$325,000	$155	68
238 Harold Murphy Dr	0.23mi	3/2.5 (-1)	2,260 (+8%)	0mo	$275,000	$122	66
209 Emma Harris Cir	0.57mi	4/2.0	2,043 (-3%)	2mo	$341,100	$167	64
202 Abercorn Dr	0.20mi	4/2.0	1,820 (-13%)	1mo	$325,000	$179	64
104 River Haven Dr	0.55mi	4/3.0	2,139 (+2%)	1mo	$349,900	$164	63
222 Tybee Dr	0.49mi	3/2.5 (-1)	2,050 (-2%)	2mo	$250,000	$122	61
102 Evergreen Mill Ln	0.27mi	3/2.0 (-1)	1,885 (-10%)	2mo	$298,900	$159	60
314 Southland Ct	0.74mi	4/3.0	2,070 (-1%)	2mo	$327,800	$158	54
115 Equality Ct	0.56mi	4/2.0	1,844 (-12%)	2mo	$342,800	$186	48
203 Emma Harris Cir	0.55mi	4/3.5	2,322 (+11%)	1mo	$365,350	$157	46
220 Emma Harris Cir	0.66mi	4/3.0	2,366 (+13%)	2mo	$398,400	$168	39
224 Emma Harris Cir	0.66mi	4/3.0	2,366 (+13%)	2mo	$365,900	$155	38

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 · 1.15% rent growth · sell at horizon

5-year hold

• IRR: -24.7%
• Equity multiple: 0.17×
• Total profit: $-69,728
• Equity at exit: $44,731

10-year hold

• IRR: -26.6%
• Equity multiple: -0.17×
• Total profit: $-98,464
• Equity at exit: $25,939

Cash invested: $84,000 (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 35756

• Home prices YoY: -21.7%
• Rents YoY: 1.1%
• Active inventory: 826
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $2,148 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$255 /mo · $3,057/yr
• Insurance: −$125
• HOA: −$13
• Vacancy / Maint / Mgmt: −$451
• Net cashflow: $-269

Break-even live

Break-even rent $2,489

Max offer price $252,416

Occupancy floor —

Sensitivity live

Price	-10% $-100	-5% $-184	+0% $-269	+5% $-354	+10% $-439
Rent	-10% $-439	-5% $-354	+0% $-269	+5% $-185	+10% $-100
Rate	-1.0pp $-118	-0.5pp $-193	base $-269	+0.5pp $-347	+1.0pp $-426

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
244 Abercorn Dr Madison, AL	4.0	2.0	1820	$1,875	$1.03	45d	1	0.13mi
214 Alonzo Toney Dr Madison, AL	4.0	2.0	1820	$2,150	$1.18	16d	1	0.16mi
265 Harold Murphy Dr Madison, AL	4.0	3.0	1635	$2,500	$1.53	45d	1	0.18mi
200 Bay Pine Dr Madison, AL	3.0	2.5	1710	$1,899	$1.11	16d	12	0.27mi
138 Riverfront Dr Madison, AL	3.0	2.0	1648	$1,800	$1.09	16d	1	0.29mi
202 Harold Murphy Dr Madison, AL	3.0	2.0	1731	$2,250	$1.30	45d	1	0.42mi
128 Mary Caudle Way Madison, AL	4.0	2.0	1863	$1,950	$1.05	25d	1	0.50mi
177 Harold Murphy Dr Madison, AL	3.0	2.0	1738	$1,900	$1.09	45d	1	0.55mi
209 Emma Harris Cir Triana, AL	4.0	2.0	2043	$2,045	$1.00	16d	1	0.56mi
109 River Haven Dr Madison, AL	4.0	2.5	1946	$1,995	$1.03	16d	1	0.58mi
808 Willow Shoals Dr SW Madison, AL	3.0	2.0	1435	$1,700	$1.18	25d	1	0.58mi
186 Tybee Dr Madison, AL	3.0	2.0	1595	$1,899	$1.19	16d	1	0.64mi
121 Sorrelweed Dr Madison, AL	4.0	2.0	1890	$1,950	$1.03	45d	1	0.68mi
176 Fields Pond Dr Madison, AL	3.0	2.0	1529	$1,775	$1.16	23d	1	0.68mi
161 Fields Pond Dr Madison, AL	3.0	2.5	1660	$1,700	$1.02	16d	1	0.71mi
122 Daymark Dr Madison, AL	3.0	2.0	1484	$1,795	$1.21	45d	1	0.73mi
711 River Landing Blvd SW Madison, AL	3.0	2.0	1700	$1,800	$1.06	45d	1	0.76mi
118 Harbor Glen Dr SW Madison, AL	4.0	3.0	2550	$2,750	$1.08	25d	1	0.79mi
118 Harbor Glen Dr SW Madison, AL	4.0	3.0	2550	$2,550	$1.00	16d	1	0.79mi
703 River Landing Blvd SW Madison, AL	3.0	2.5	2254	$1,850	$0.82	23d	1	0.79mi
130 Tybee Dr Madison, AL	4.0	2.0	1898	$1,995	$1.05	16d	1	0.80mi
153 Rosemary Ayers Dr Madison, AL	4.0	2.0	1815	$2,295	$1.26	16d	1	0.81mi
151 Rosemary Ayers Dr Madison, AL	4.0	3.0	2117	$2,200	$1.04	16d	1	0.82mi
106 Mississippi St Madison, AL	3.0	2.0	1911	$1,949	$1.02	16d	1	0.87mi
115 Rio Grande Way Madison, AL	4.0	2.0	2022	$2,150	$1.06	25d	1	0.88mi
240 Fields Pond Dr Madison, AL	3.0	2.0	1683	$1,850	$1.10	16d	1	0.89mi
607 Durbin Ln SW Madison, AL	3.0	2.0	1812	$2,500	$1.38	16d	1	0.90mi
411 Promenade Dr SW Madison, AL	3.0	2.0	1537	$1,750	$1.14	23d	1	0.93mi
120 James Parcus Cir Madison, AL	3.0	2.5	2299	$2,045	$0.89	45d	1	0.96mi
500 Promenade Dr SW Madison, AL	3.0	2.5	1569	$1,959	$1.25	16d	5	1.04mi
30 E Revere Blvd Madison, AL	1.0–3.0	1.0–2.0	1163	$1,659	$1.43	16d	13	1.47mi

HOA detail

• Monthly dues: $13 · $156/yr

Listing history 29 events

1. 2026-06-22
   days on market $300,000 Active 45 DOM
2. 2026-06-18
   price $300,000 Active 42 DOM
3. 2026-06-18
   days on market $310,000 Active 42 DOM
4. 2026-06-17
   days on market $310,000 Active 41 DOM
5. 2026-06-16
   days on market $310,000 Active 40 DOM
6. 2026-06-15
   days on market $310,000 Active 39 DOM
7. 2026-06-14
   days on market $310,000 Active 37 DOM
8. 2026-06-10
   days on market $310,000 Active 34 DOM
9. 2026-06-09
   days on market $310,000 Active 33 DOM
10. 2026-06-08
    days on market $310,000 Active 32 DOM
11. 2026-06-07
    days on market $310,000 Active 31 DOM
12. 2026-06-03
    days on market $310,000 Active 27 DOM
13. 2026-06-02
    days on market $310,000 Active 26 DOM
14. 2026-06-01
    days on market $310,000 Active 25 DOM
15. 2026-05-31
    days on market $310,000 Active 24 DOM
16. 2026-05-30
    days on market $310,000 Active 23 DOM
17. 2026-05-07
    listed $310,000 Active 579-char remark
18. 2025-05-01
    historical $1,995
19. 2025-04-16
    listed $1,995
20. 2023-01-21
    listed $319,000 Active
21. 2021-04-07
    soldstatus $255,000
22. 2021-04-06
    soldstatus $255,000 Sold

    Show marketing remark (319 chars)

    Back on market due to purchasers lending falling apart, no fault of the seller or home. Can not be shown until 3/29/2021. Move-in ready home. Covered porches in front and back, isolated master, beautiful floors, updated kitchen and spacious living areas. Home has been professionally cleaned, and was recently painted.

23. 2021-03-24
    historical Contingent

    Show marketing remark (319 chars)

    Back on market due to purchasers lending falling apart, no fault of the seller or home. Can not be shown until 3/29/2021. Move-in ready home. Covered porches in front and back, isolated master, beautiful floors, updated kitchen and spacious living areas. Home has been professionally cleaned, and was recently painted.

24. 2021-03-22
    status Active

    Show marketing remark (319 chars)

    Back on market due to purchasers lending falling apart, no fault of the seller or home. Can not be shown until 3/29/2021. Move-in ready home. Covered porches in front and back, isolated master, beautiful floors, updated kitchen and spacious living areas. Home has been professionally cleaned, and was recently painted.

25. 2020-12-22
    historical Contingent

    Show marketing remark (319 chars)

    Back on market due to purchasers lending falling apart, no fault of the seller or home. Can not be shown until 3/29/2021. Move-in ready home. Covered porches in front and back, isolated master, beautiful floors, updated kitchen and spacious living areas. Home has been professionally cleaned, and was recently painted.

26. 2020-12-10
    listed $250,000 Active

    Show marketing remark (319 chars)

    Back on market due to purchasers lending falling apart, no fault of the seller or home. Can not be shown until 3/29/2021. Move-in ready home. Covered porches in front and back, isolated master, beautiful floors, updated kitchen and spacious living areas. Home has been professionally cleaned, and was recently painted.

27. 2019-02-01
    soldstatus $195,500
28. 2019-01-31
    soldstatus $195,000
29. 2018-12-06
    listed $195,000

ⓘ 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: $3,057 · $255/mo
• Projected year-2 tax: $3,057 · $255/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 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,771
• − Mortgage interest: −$16,805
• − Property taxes: −$3,057
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,062
• − Management: −$2,062
• − HOA: −$156
• − Depreciation: −$8,727
• Taxable loss: −$8,597
• Est. tax savings @ 24.0%: +$2,063
• After-tax cash flow: $-1,169/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 County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — Triana

• Score: 65/100
• State rank: #125
• US rank: #12792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Triana, AL
• County: Limestone County · 80,439 people
• Metro: Huntsville, AL
• Population (ZIP): 24,947
• Household income: $129,852
• Rent vs Own: 17.4% rent · 82.6% own
• Severe rent burden: 286.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 59% Black 21% Two or more races 9% Hispanic / Latino 7% Asian 6% Native American 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 3% Serbian 3% Slovak 3%
• Foreign-born: 8% · China, South Korea, Canada
• Languages at home: 90% English-only · Spanish 3% Korean 2% Other Indo-European 2%

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: ▼ -50.15%
• Current HPI: 180.5285
• Rent YoY: ▲ 1.15%
• 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

+59.0% since first listed

13 events — show timeline

• 2026-05-07 Listed $310,000 VMLS
• 2025-05-01 Rental Removed $1,995 VMLS
• 2025-04-16 Listed for Rent $1,995 VMLS
• 2023-01-21 Listed $319,000 VMLS
• 2021-04-07 Sold (Public Records) $255,000 Public Records
• 2021-04-06 Sold (MLS) $255,000 VMLS
• 2021-03-24 Contingent — VMLS
• 2021-03-22 Relisted — VMLS
• 2020-12-22 Contingent — VMLS
• 2020-12-10 Listed $250,000 VMLS
• 2019-02-01 Sold (Public Records) $195,500 Public Records
• 2019-01-31 Sold (MLS) $195,000 VMLS
• 2018-12-06 Listed $195,000 VMLS

Property tax history

+13.8%/yr

Latest (2024): $3,057 · +0.0% YoY. Source: county tax records.