134 Church St · Cordova, AL 35550

$101,500

3 bd · 1.0 ba · 971 sqft · SingleFamily public records · 55 Days on market

Built 1950 8,712 sqft lot $105/sqft · 18% above area Est $89k · 15% 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).

• Cash flow +18.4/30.0
• Appreciation +6.6/10.0
• DSCR +5.8/10.0
• 1% rule +3.6/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• ARV discount +1.0/15.0

Listing remarks MLS

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Key facts

• Covered porch
• Luxury flooring
• 8,712 sq ft lot

Tags

• RENOVATED GRANITE COUNTERS
• LUXURY FLOORING
• COVERED PORCH

Property features AI

Finance

• Other: Lot size approximately 0.2 acre; Subdivision: CORDOVA
• Financial info: Down payment assistance available

Exterior

• Parking: Driveway and off-street parking; Side garage entry; One garage space (main level)
• Utilities: Public water; Septic system; Electric water heater; Internet availability unknown
• Home design: Existing property; Single-story layout (rooms listed at level 1); Siding exterior (vinyl)
• Construction: Vinyl siding; Crawl space foundation
• Exterior features: Covered deck; Porch; No pool; No patio; No garden/patio; Not waterfront; Located outside flood plain

Interior

• Kitchen: Kitchen with solid surface countertops
• Bedrooms: Three bedrooms on main level
• Flooring: Tile flooring; Vinyl flooring
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; Attic present; Solid surface kitchen countertops; No additional interior amenities listed
• Laundry & utility: Main-level laundry; Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $102k.

Deal economics

• At list price, monthly cash flow is $95 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $88k (13.8% below list).
• Recommended offer: $88k (13.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 55/100 on livability (#441 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
• Walker County (rural): math 13% / reading 39% proficiency, ranked #89 of 129 in AL (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Cordova Elementary School (math 47% / reading 62%, grade C, #87 of 627 statewide, top 15%, 351 students, 67% FRL); Cordova High School (math 8% / reading 12%, grade F, #252 of 305 statewide, top 84%, 467 students, 65% FRL).
• Market conditions: 27 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 36 units permitted in Walker County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($702 loan paydown + $3k appreciation (3.2% local appreciation)).
• Walker County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.2% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y 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.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,500 (13.8% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.86% ✗
• Cap rate: 7.42%
• Cash-on-cash: 4.03%
• DSCR: 1.18
• GRM: 9.7

CMA / ARV

• ARV (median comp): $88,623
• List price: $101,500
• Delta: 14.53%
• Verdict: OVERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
324 Reservoir St	0.58mi	2/1.0 (-1)	976 (+0%)	14mo	$45,000	$46	55
444 Mound Ave	0.34mi	2/1.0 (-1)	852 (-12%)	6mo	$78,000	$92	54

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

Projected returns pro-forma

3.23% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.69×
• Total profit: $19,516
• Equity at exit: $46,987

10-year hold

• IRR: 13.8%
• Equity multiple: 3.09×
• Total profit: $59,352
• Equity at exit: $73,478

Cash invested: $28,420 (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 35550

• Home prices YoY: 2.5%
• Active inventory: 27
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $875 medium
• Mortgage (P&I): −$532
• Tax from tax record: −$21 /mo · $256/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$184
• Net cashflow: $95

Break-even live

Break-even rent $754

Max offer price $101,500

Occupancy floor 84%

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: $25,375
• Closing costs: $3,045
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
495 Commerce St Cordova, AL	3.0	1.0	1040	$875	$0.84	24d	1	0.02mi

Listing history 25 events

1. 2026-06-18
   days on market $101,500 Active 55 DOM
2. 2026-06-17
   days on market $101,500 Active 54 DOM
3. 2026-06-16
   days on market $101,500 Active 53 DOM
4. 2026-06-15
   days on market $101,500 Active 52 DOM
5. 2026-06-13
   days on market $101,500 Active 50 DOM
6. 2026-06-13
   pricedays on market $101,500 Active 49 DOM
7. 2026-06-10
   days on market $106,500 Active 47 DOM
8. 2026-06-09
   days on market $106,500 Active 46 DOM
9. 2026-06-08
   days on market $106,500 Active 45 DOM
10. 2026-06-07
    days on market $106,500 Active 44 DOM
11. 2026-06-05
    days on market $106,500 Active 41 DOM
12. 2026-06-03
    days on market $106,500 Active 40 DOM
13. 2026-06-03
    days on market $106,500 Active 39 DOM
14. 2026-06-01
    days on market $106,500 Active 38 DOM
15. 2026-05-31
    days on market $106,500 Active 37 DOM
16. 2026-04-24
    listed $106,500 Active 174-char remark
17. 2024-12-24
    historical $975
18. 2024-12-20
    listed $975
19. 2021-10-07
    soldstatus $93,000
20. 2021-10-04
    soldstatus $93,000 1-char remark

    Show marketing remark (1 chars)

    .

21. 2021-05-11
    listed $93,000 1-char remark

    Show marketing remark (1 chars)

    .

22. 2021-04-05
    soldstatus $20,000

    Show marketing remark (95 chars)

    Cordova-3 bedrooms and 1 bath house, Great starter home or rental unit. $27,900. Sold ''As is''

23. 2020-12-14
    listed $27,900

    Show marketing remark (95 chars)

    Cordova-3 bedrooms and 1 bath house, Great starter home or rental unit. $27,900. Sold ''As is''

24. 2013-10-30
    soldstatus $15,000
25. 2013-09-26
    listed $19,900

ⓘ 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: $256 · $21/mo
• Projected year-2 tax: $416 · $35/mo
• Expected delta: +$160/yr (+$13/mo · 62.7%)

ⓘ 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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,500
• − Mortgage interest: −$5,686
• − Property taxes: −$256
• − Insurance: −$508
• − Repairs & maintenance: −$840
• − Management: −$840
• − Depreciation: −$2,953
• Taxable loss: −$582
• Est. tax savings @ 24.0%: +$140
• After-tax cash flow: $1,284/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: Walker County
• NCES district ID: 0103450
• Math proficiency: 13% ▼ -28.00%
• Reading proficiency: 39% ▼ -5.00%
• Median HH income: $36,664
• Composite: 21.51/100
• National rank: #8321
• State rank: #89 of 129 in AL

Livability — Cordova

• Score: 55/100
• State rank: #441
• US rank: #23435

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cordova, AL
• Population (ZIP): 5,053

Population outlook (Walker County) Hauer SSP2

• Today (2025): 61,037 people
• By 2030: 58,391 · -4.3%
• By 2040: 53,080 · -13.0%
• By 2050: 48,031 · -21.3%
• By 2075: 37,799 · -38.1%
• By 2100: 29,001 · -52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 8% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+71.8) · D 13.8% · R 85.6%
• 2008→2024 swing: -25.4pp toward R · 2008: -46.4pp · 2024: -71.8pp
• All cycles: 2024: R+71.8 2020: R+67.9 2016: R+67.4 2012: R+52.9 2008: R+46.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.23%
• Current HPI: 134.7822
• 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

+410.1% since first listed

11 events — show timeline

• 2026-06-13 Price Changed $101,500 Greater Alabama MLS
• 2026-04-24 Listed $106,500 Greater Alabama MLS
• 2024-12-24 Rental Removed $975 SHOWMOJO
• 2024-12-20 Listed for Rent $975 SHOWMOJO
• 2021-10-07 Sold (Public Records) $93,000 Public Records
• 2021-10-04 Sold (MLS) $93,000 Greater Alabama MLS
• 2021-05-11 Listed $93,000 Greater Alabama MLS
• 2021-04-05 Sold (MLS) $20,000 Walker County Area MLS
• 2020-12-14 Listed $27,900 Walker County Area MLS
• 2013-10-30 Sold (MLS) $15,000 Greater Alabama MLS
• 2013-09-26 Listed $19,900 Greater Alabama MLS

Property tax history

+19.5%/yr

Latest (2024): $256 · +0.0% YoY. Source: county tax records.