112 Point Given Ln · Harvest, AL 35749

$209,900

4 bd · 1.5 ba · 2,328 sqft · SingleFamily public records · 38 Days on market

Built 2008 3.30 ac lot $90/sqft · 15% below area Est $248k · 15% under ↓ 33% 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 +23.9/30.0
• ARV discount +14.4/15.0
• DSCR +7.7/10.0
• 1% rule +5.0/10.0
• Schools +3.7/10.0
• Livability +3.6/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this beautifully maintained, move-in ready property with a desirable open floor plan. Freshly painted and very clean, it offers both comfort and functionality. Located at the end of a quiet roundabout, the home provides added privacy with no through traffic. The large, fenced-in backyard features mature trees—perfect for relaxing or entertaining. Conveniently close to Publix and with easy access to Highway 53, the location is ideal. Recent upgrades include a new roof, water heater, and HVAC system for added peace of mind.

Key facts

• Open floor plan
• Water heater
• Fenced-in backyard

Tags

• OPEN FLOOR PLAN
• FENCED-IN BACKYARD
• MATURE TREES
• NEW ROOF
• WATER HEATER
• HVAC SYSTEM

Property features AI

Finance

• Other: Property access via paved public road with curb and gutters
• Financial info: Garbage fee included; Has down payment assistance
• HOA & community: No association fee

Exterior

• Parking: Attached garage (front entry) with 1 garage space; 2 carport spaces; Driveway and off-street parking
• Utilities: Public water; Septic system; Electric water heater; Underground utilities; Internet service availability: unknown
• Home design: Existing construction; Siding exterior (vinyl); Tri-level: No; Split level: No; Split foyer: No
• Construction: Slab foundation
• Exterior features: Fenced yard; Covered patio; Some trees on the lot; Flood plain

Interior

• Kitchen: Eating area; Laminate countertops; Electric cooktop; Built-in dishwasher; Built-in microwave; Electric oven; Refrigerator; Freezer
• Bedrooms: Master bedroom on upper level; Additional bedrooms on upper level (multiple)
• Flooring: Carpet; Hardwood laminate; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom; Master bath on upper level; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Textured walls; Ceilings: other (see remarks)
• Laundry & utility: Laundry on main level in a closet; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $408 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $210k).
• Recommended offer: $204k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 3.5% in Harvest — 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 72/100 on livability (#27 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living 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: Endeavor Elementary School (math 30% / reading 63%, grade D-, #159 of 627 statewide, top 26%, 628 students, 33% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL).
• Market conditions: Rents flat; 666 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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 38 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $203,603 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.00% ✓
• Cap rate: 8.63%
• Cash-on-cash: 8.33%
• DSCR: 1.37
• GRM: 8.3

CMA / ARV

• ARV (median comp): $247,732
• List price: $209,900
• Delta: -15.27%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
169 Bayside Ln	0.39mi	3/2.5 (-1)	2,289 (-2%)	8mo	$220,000	$96	64
150 Bayside Ln	0.37mi	3/2.0 (-1)	2,323 (-0%)	23mo	$220,000	$95	57
3549 Jeff Rd	0.47mi	4/2.0	2,100 (-10%)	9mo	$380,000	$181	52
158 Bayside Ln	0.38mi	4/2.0	2,486 (+7%)	23mo	$263,000	$106	50
176 Bayside Ln	0.43mi	5/2.5 (+1)	2,434 (+5%)	22mo	$220,000	$90	45
166 Carillo Ln	0.34mi	3/2.0 (-1)	1,988 (-15%)	17mo	$219,000	$110	38
Carters Gin Rd	0.75mi	3/2.0 (-1)	2,086 (-10%)	22mo	$289,000	$139	22

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 · 0.81% rent growth · sell at horizon

5-year hold

• IRR: -5.9%
• Equity multiple: 0.78×
• Total profit: $-12,640
• Equity at exit: $31,297

10-year hold

• IRR: 1.1%
• Equity multiple: 1.07×
• Total profit: $4,290
• Equity at exit: $18,148

Cash invested: $58,772 (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 35749

• Home prices YoY: -5.4%
• Rents YoY: 0.8%
• Active inventory: 666
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,104 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$66 /mo · $793/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $408

Break-even live

Break-even rent $1,588

Max offer price $209,900

Occupancy floor 76%

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
321 Counter Point Dr Harvest, AL	3.0	2.5	2200	$1,506	$0.68	43d	1	0.31mi
674 Harvest Rd Harvest, AL	4.0	2.0	1661	$1,850	$1.11	43d	1	1.41mi

Listing history 17 events

1. 2026-06-18
   days on market $209,900 Active 38 DOM
2. 2026-06-17
   days on market $209,900 Active 37 DOM
3. 2026-06-16
   days on market $209,900 Active 36 DOM
4. 2026-06-15
   days on market $209,900 Active 35 DOM
5. 2026-06-14
   pricedays on market $209,900 Active 33 DOM
6. 2026-06-10
   days on market $219,900 Active 30 DOM
7. 2026-06-09
   days on market $219,900 Active 29 DOM
8. 2026-06-08
   days on market $219,900 Active 28 DOM
9. 2026-06-07
   days on market $219,900 Active 27 DOM
10. 2026-06-02
    days on market $219,900 Active 22 DOM
11. 2026-06-01
    days on market $219,900 Active 21 DOM
12. 2026-05-31
    days on market $219,900 Active 20 DOM
13. 2026-05-30
    days on market $219,900 Active 19 DOM
14. 2026-05-19
    price $229,900 549-char remark
15. 2026-05-18
    listed $229,900 Active 551-char remark

    Show marketing remark (551 chars)

    Welcome home to this beautifully maintained, move-in ready property with a desirable open floor plan. Freshly painted and very clean, it offers both comfort and functionality. Located at the end of a quiet roundabout, the home provides added privacy with no through traffic. The large, fenced-in backyard features mature trees—perfect for relaxing or entertaining. Conveniently close to Publix and with easy access to Highway 53, the location is ideal. Recent upgrades include a new roof, water heater, and HVAC system for added peace of mind.

16. 2026-05-11
    listed $239,900 Active 549-char remark
17. 2023-08-22
    soldstatus $315,000

ⓘ 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: $793 · $66/mo
• Projected year-2 tax: $861 · $72/mo
• Expected delta: +$68/yr (+$6/mo · 8.6%)

ⓘ 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 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,253
• − Mortgage interest: −$11,758
• − Property taxes: −$793
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,020
• − Management: −$2,020
• − Depreciation: −$6,106
• Taxable income: $1,506
• Est. tax owed @ 24.0%: −$362
• After-tax cash flow: $4,537/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 — Harvest

• Score: 72/100
• State rank: #27
• US rank: #5986

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Madison County · 380,832 people
• City population: 30,710
• Metro: Huntsville, AL
• Population (ZIP): 30,710
• Household income: $103,901
• Rent vs Own: 12.4% rent · 87.6% own
• Severe rent burden: 174.0

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 0.56)
• Race & ethnicity: White 60% Black 29% Two or more races 7% Hispanic / Latino 4% Asian 2%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 3% Korean 1% Other Indo-European 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: ▼ -16.54%
• Current HPI: 291.1184
• Rent YoY: ▲ 0.81%
• 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

-33.4% since first listed

8 events — show timeline

• 2026-06-11 Price Changed $209,900 Greater Alabama MLS
• 2026-06-11 Price Changed $209,900 VMLS
• 2026-05-27 Price Changed $219,900 Greater Alabama MLS
• 2026-05-27 Price Changed $219,900 VMLS
• 2026-05-19 Price Changed $229,900 Greater Alabama MLS
• 2026-05-18 Listed $229,900 VMLS
• 2026-05-11 Listed $239,900 Greater Alabama MLS
• 2023-08-22 Sold (Public Records) $315,000 Public Records

Property tax history

+9.3%/yr

Latest (2024): $793 · +13.2% YoY. Source: county tax records.