39 Hunter Dr · Double Springs, AL 35553

$105,000

3 bd · 1.0 ba · 1,680 sqft · SingleFamily public records · 135 Days on market

Built 1984 0.50 ac lot $62/sqft · 26% below area Est $141k · 26% 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 +24.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.8/10.0
• Appreciation +7.8/10.0
• 1% rule +5.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks MLS

Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

Key facts

• Natural light
• 0.5 acre lot
• 3 garage spots

Tags

• SCREENED-IN FRONT PORCH
• NATURAL LIGHT
• EASY ACCESS TO SHOPPING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $211 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#243 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools F, amenities F, commute F.
• Winston County (rural): math 13% / reading 39% proficiency, ranked #91 of 129 in AL (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 102 active listings in the ZIP; 1 units permitted in Winston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($726 loan paydown + $6k appreciation (5.7% local appreciation)).
• Winston County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.7% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $44k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $105k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.06% ✓
• Cap rate: 8.70%
• Cash-on-cash: 8.61%
• DSCR: 1.38
• GRM: 7.8

CMA / ARV

• ARV (median comp): $141,332
• List price: $105,000
• Delta: -25.71%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
240 Scenic Dr	0.58mi	3/1.0	1,596 (-5%)	20mo	$106,500	$67	48

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

Projected returns pro-forma

5.67% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.7%
• Equity multiple: 2.42×
• Total profit: $41,670
• Equity at exit: $63,818

10-year hold

• IRR: 20.9%
• Equity multiple: 4.83×
• Total profit: $112,608
• Equity at exit: $113,888

Cash invested: $29,400 (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 35553

• Home prices YoY: 4.0%
• Active inventory: 102
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,117 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$78 /mo · $931/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$235
• Net cashflow: $211

Break-even live

Break-even rent $851

Max offer price $105,000

Occupancy floor 76%

Sensitivity live

Price	-10% $270	-5% $241	+0% $211	+5% $181	+10% $151
Rent	-10% $123	-5% $167	+0% $211	+5% $255	+10% $299
Rate	-1.0pp $264	-0.5pp $238	base $211	+0.5pp $184	+1.0pp $156

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-19
   days on market $105,000 Active 135 DOM
2. 2026-06-18
   days on market $105,000 Active 134 DOM
3. 2026-06-17
   days on market $105,000 Active 133 DOM
4. 2026-06-16
   days on market $105,000 Active 132 DOM
5. 2026-06-15
   days on market $105,000 Active 131 DOM
6. 2026-06-14
   days on market $105,000 Active 129 DOM
7. 2026-06-12
   days on market $105,000 Active 128 DOM
8. 2026-06-09
   days on market $105,000 Active 125 DOM
9. 2026-06-08
   pricedays on market $105,000 Active 124 DOM
10. 2026-06-07
    days on market $119,000 Active 123 DOM
11. 2026-06-04
    days on market $119,000 Active 119 DOM
12. 2026-06-02
    days on market $119,000 Active 118 DOM
13. 2026-06-01
    days on market $119,000 Active 117 DOM
14. 2026-05-31
    days on market $119,000 Active 116 DOM
15. 2026-05-31
    days on market $119,000 Active 115 DOM
16. 2026-05-07
    price $119,000 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

17. 2026-04-23
    status Active 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

18. 2026-04-18
    status Pending 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

19. 2026-03-17
    price $129,000 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

20. 2026-03-08
    price $139,000 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

21. 2026-02-21
    price $145,000 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

22. 2026-01-30
    listed $149,000 Active 769-char remark

    Show marketing remark (769 chars)

    Welcome to this cozy 3 bedroom, 2 bathroom home located in the heart of Double Springs. Featuring a screened-in front porch, this home offers the perfect spot to enjoy your morning coffee or unwind in the evenings while taking in the peaceful surroundings. Inside, you’ll find a comfortable layout with plenty of natural light and space for everyday living. Conveniently located just about 30 minutes from Jasper, you’ll have easy access to shopping, dining, and everyday conveniences—while still enjoying the slower pace and charm of country living. Has a block storm shelter. Home has American Home Shield good until July 2026 The property is a manufactured home. The property will be conveyed in its current ‘as-is’ condition. ”

23. 2025-07-18
    soldstatus $65,000 Closed 359-char remark

    Show marketing remark (359 chars)

    AS-IS Listing. Convenient home in downtown area. Three bedrooms two baths with a covered back deck and an open side deck. Solid plank floors and a storm shelter. Can provide a First Right of Refusal on the 4.0 acre parcel behind the house. House is Within walking distance to elementary school and post office. Low ceilings will not qualify for FHA financing.

24. 2025-07-18
    soldstatus $65,000

    Show marketing remark (359 chars)

    AS-IS Listing. Convenient home in downtown area. Three bedrooms two baths with a covered back deck and an open side deck. Solid plank floors and a storm shelter. Can provide a First Right of Refusal on the 4.0 acre parcel behind the house. House is Within walking distance to elementary school and post office. Low ceilings will not qualify for FHA financing.

25. 2025-06-19
    status Pending 359-char remark

    Show marketing remark (359 chars)

    AS-IS Listing. Convenient home in downtown area. Three bedrooms two baths with a covered back deck and an open side deck. Solid plank floors and a storm shelter. Can provide a First Right of Refusal on the 4.0 acre parcel behind the house. House is Within walking distance to elementary school and post office. Low ceilings will not qualify for FHA financing.

26. 2025-06-17
    price $65,000 359-char remark

    Show marketing remark (359 chars)

    AS-IS Listing. Convenient home in downtown area. Three bedrooms two baths with a covered back deck and an open side deck. Solid plank floors and a storm shelter. Can provide a First Right of Refusal on the 4.0 acre parcel behind the house. House is Within walking distance to elementary school and post office. Low ceilings will not qualify for FHA financing.

27. 2025-05-28
    price $75,000 359-char remark

    Show marketing remark (359 chars)

    AS-IS Listing. Convenient home in downtown area. Three bedrooms two baths with a covered back deck and an open side deck. Solid plank floors and a storm shelter. Can provide a First Right of Refusal on the 4.0 acre parcel behind the house. House is Within walking distance to elementary school and post office. Low ceilings will not qualify for FHA financing.

28. 2024-12-16
    listed $99,500 Active 359-char remark

    Show marketing remark (359 chars)

    AS-IS Listing. Convenient home in downtown area. Three bedrooms two baths with a covered back deck and an open side deck. Solid plank floors and a storm shelter. Can provide a First Right of Refusal on the 4.0 acre parcel behind the house. House is Within walking distance to elementary school and post office. Low ceilings will not qualify for FHA financing.

ⓘ 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: $931 · $78/mo
• Projected year-2 tax: $931 · $78/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 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,409
• − Mortgage interest: −$5,882
• − Property taxes: −$931
• − Insurance: −$525
• − Repairs & maintenance: −$1,073
• − Management: −$1,073
• − Depreciation: −$3,055
• Taxable income: $872
• Est. tax owed @ 24.0%: −$209
• After-tax cash flow: $2,321/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: Winston County
• NCES district ID: 0103580
• Math proficiency: 13% ▼ -34.00%
• Reading proficiency: 39% ▼ -7.00%
• Median HH income: $35,471
• Composite: 21.39/100
• National rank: #8352
• State rank: #91 of 129 in AL

Livability — Double Springs

• Score: 61/100
• State rank: #243
• US rank: #17633

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Double Springs, AL
• Population (ZIP): 5,073

Population outlook (Winston County) Hauer SSP2

• Today (2025): 22,474 people
• By 2030: 21,568 · -4.0%
• By 2040: 19,710 · -12.3%
• By 2050: 17,950 · -20.1%
• By 2075: 14,468 · -35.6%
• By 2100: 11,554 · -48.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2%
• Common ancestry: Slovak 2%
• Foreign-born: 0%

Political lean MEDSL · Winston

• 2024 margin: Solid R (+83.6) · D 7.9% · R 91.6%
• 2008→2024 swing: -20.4pp toward R · 2008: -63.3pp · 2024: -83.6pp
• All cycles: 2024: R+83.6 2020: R+81.7 2016: R+81.5 2012: R+72.3 2008: R+63.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.67%
• Current HPI: 147.1137
• 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

+19.6% since first listed

13 events — show timeline

• 2026-05-07 Price Changed $119,000 SAARMLS
• 2026-04-23 Relisted — SAARMLS
• 2026-04-18 Pending — SAARMLS
• 2026-03-17 Price Changed $129,000 SAARMLS
• 2026-03-08 Price Changed $139,000 SAARMLS
• 2026-02-21 Price Changed $145,000 SAARMLS
• 2026-01-30 Listed $149,000 SAARMLS
• 2025-07-18 Sold (Public Records) $65,000 Public Records
• 2025-07-18 Sold (MLS) $65,000 Walker County Area MLS
• 2025-06-19 Pending — Walker County Area MLS
• 2025-06-17 Price Changed $65,000 Walker County Area MLS
• 2025-05-28 Price Changed $75,000 Walker County Area MLS
• 2024-12-16 Listed $99,500 Walker County Area MLS

Property tax history

+3.3%/yr

Latest (2025): $931 · -0.8% YoY. Source: county tax records.