110 Lonesome Ct · Madison, AL 35758

$296,500

3 bd · 1.0 ba · 1,585 sqft · SingleFamily public records · 19 Days on market

Built 1998 7,840 sqft lot Est $290k · at est.

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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).

• Appreciation +10.0/10.0
• Cash flow +7.2/30.0
• ARV discount +6.5/15.0
• Schools +5.6/10.0
• Livability +3.8/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0
• DSCR +1.3/10.0

Listing remarks

Welcome home to this beautifully updated 3-bedroom, 2-bathroom property offering modern finishes and a fantastic location! Step inside to discover brand-new waterproof LVP flooring, fresh interior paint, and stunning new granite countertops throughout the home. New lighting, faucets, and fixtures provide a stylish, move-in-ready feel from top to bottom. The floor plan offers comfortable living, while the attached 2-car garage provides ample storage and convenience. Ideally situated just minutes from the heart of Madison and less than 15 minutes from Huntsville, you'll enjoy easy access to shopping, dining, entertainment, and major employers. With extensive updates already completed!

Key facts

• New lighting
• 7,840 sq ft lot
• 2 garage spots

Tags

• WATERPROOF LVP FLOORING
• NEW GRANITE COUNTERTOPS
• NEW LIGHTING
• ATTACHED 2-CAR GARAGE
• EASY ACCESS TO SHOPPING

Property features AI

Finance

• HOA & community: No homeowners association; Subdivision: Eastfield At Homestead

Exterior

• Parking: Two-car garage; Concrete driveway
• Utilities: Public water; Public sewer; Electric service
• Home design: Single-family residence; One-story; Residential property; Built in 1998
• Construction: Brick construction; Slab foundation
• Exterior features: Covered porch

Interior

• Kitchen: Range; Dishwasher; Microwave; Refrigerator
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: 8 total rooms
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $296k.

Deal economics

• At list price, monthly cash flow is $-414 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $223k (24.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (36.1% below list).
• Recommended offer: $189k (36.1% below list) — sets the bar for 1% rule.
• Cap rate 4.6% vs local median 2.6% in Madison — 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 76/100 on livability (#12 in AL, #3,280 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime B+; Watch: amenities F, commute F.
• Madison City (suburban): math 51% / reading 71% proficiency, ranked #4 of 129 in AL (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Zoned schools: Columbia Elementary School (math 52% / reading 77%, grade B, #43 of 627 statewide, top 7%, 784 students, 23% FRL); Discovery Middle School (math 46% / reading 69%, grade B, #13 of 257 statewide, top 5%, 1,334 students, 25% FRL); Bob Jones High School (math 53% / reading 51%, grade D+, #11 of 305 statewide, top 4%, 1,920 students, 24% FRL).
• Market conditions: Rents rising (+1.6%/yr); 390 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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

• In year one you build about $32k of equity ($2k loan paydown + $30k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($292k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,453 (36.1% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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?
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: 0.64% ✗
• Cap rate: 4.62%
• Cash-on-cash: -5.98%
• DSCR: 0.73
• GRM: 13.0

CMA / ARV

• ARV (on-the-fly): $290,055
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
102 Wildweed Ct	0.08mi	3/2.0	1,564 (-1%)	1mo	$310,000	$198	89
105 Prairie Ct	0.24mi	3/2.0	1,653 (+4%)	4mo	$300,000	$181	75
117 Sleepy Hollow Ln	0.31mi	3/2.0	1,567 (-1%)	8mo	$293,000	$187	73
531 Gooch Ln	0.21mi	3/2.0	1,619 (+2%)	13mo	$292,000	$180	72
107 Bitterweed Ct	0.08mi	3/2.5	1,684 (+6%)	10mo	$289,135	$172	72
107 Palomino Ct	0.26mi	3/2.0	1,723 (+9%)	10mo	$315,000	$183	61
105 Eastfield Dr	0.11mi	3/2.5	1,810 (+14%)	13mo	$325,000	$180	54
110 Kim Cir	0.71mi	3/2.0	1,565 (-1%)	13mo	$276,000	$176	50
248 Haystack Dr	0.61mi	3/2.0	1,761 (+11%)	1mo	$444,700	$253	48
240 Haystack Dr	0.64mi	3/2.0	1,761 (+11%)	1mo	$439,900	$250	46
104 Patra Dr	0.62mi	3/2.0	1,778 (+12%)	3mo	$300,000	$169	44
242 Haystack Dr	0.63mi	3/2.0	1,761 (+11%)	8mo	$439,900	$250	42

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

Projected returns pro-forma

10.0% appreciation · 1.58% rent growth · sell at horizon

5-year hold

• IRR: 19.7%
• Equity multiple: 2.59×
• Total profit: $132,391
• Equity at exit: $267,111

10-year hold

• IRR: 17.8%
• Equity multiple: 5.88×
• Total profit: $405,383
• Equity at exit: $576,034

Cash invested: $83,020 (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 35758

• Home prices YoY: 4.2%
• Rents YoY: 1.6%
• Active inventory: 390
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $1,895 high
• Mortgage (P&I): −$1,555
• Tax from tax record: −$232 /mo · $2,786/yr
• Insurance: −$124
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $-414

Break-even live

Break-even rent $2,419

Max offer price $223,374

Occupancy floor —

Sensitivity live

Price	-10% $-246	-5% $-330	+0% $-414	+5% $-498	+10% $-582
Rent	-10% $-564	-5% $-489	+0% $-414	+5% $-339	+10% $-264
Rate	-1.0pp $-265	-0.5pp $-339	base $-414	+0.5pp $-491	+1.0pp $-569

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: $74,125
• Closing costs: $8,895
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
110 Wildweed Ct Madison, AL	3.0	2.0	1481	$1,750	$1.18	45d	1	0.05mi
111 Tumbleweed Dr Madison, AL	4.0	2.0	2010	$2,450	$1.22	15d	1	0.41mi
649 Gooch Ln Madison, AL	4.0	2.0	1913	$2,061	$1.08	45d	1	0.49mi
333 Hay Rake Dr Madison, AL	3.0	2.5	2047	$2,200	$1.07	15d	1	0.57mi
333 Hay Rake Dr Unit 1 Madison, AL	3.0	3.0	2047	$2,200	$1.07	25d	1	0.57mi
318 Cornstalk CIR Madison, AL	3.0	2.0	1837	$1,895	$1.03	25d	1	0.76mi
318 Cornstalk CIR Madison, AL	3.0	2.0	1837	$1,995	$1.09	45d	1	0.76mi
206 Osceola Cir Madison, AL	3.0	2.0	1850	$1,850	$1.00	45d	1	0.77mi
6079 Wall Triana Hwy Madison, AL	3.0	2.0	1630	$2,100	$1.29	45d	1	0.78mi
311 Cornstalk Cir Madison, AL	3.0	2.0	1850	$1,995	$1.08	45d	1	0.78mi
309 Cornstalk CIR Madison, AL	3.0	2.0	1850	$1,995	$1.08	45d	1	0.79mi
204 Stockyard CIR Madison, AL	4.0	2.0	2106	$2,300	$1.09	15d	1	0.80mi
1150 Balch Rd Madison, AL	1.0–3.0	1.0–2.0	1020	$1,616	$1.58	23d	50	0.82mi
112 Willow Rose Ln Madison, AL	4.0	2.0	2106	$2,500	$1.19	25d	1	0.95mi
106 Champions Green Dr Madison, AL	3.0	2.0	1950	$1,995	$1.02	25d	1	0.99mi
1435 Balch Rd Madison, AL	1.0–3.0	1.0–2.0	1061	$1,755	$1.65	15d	24	1.01mi
115 Clift Creek DR Madison, AL	4.0	3.0	1943	$2,495	$1.28	15d	1	1.06mi
206 Stockyard CIR Madison, AL	3.0	2.0	1703	$2,234	$1.31	45d	1	1.07mi
560 Jack Clift Blvd Madison, AL	1.0–2.0	1.0–2.0	978	$2,410	$2.46	23d	10	1.08mi
207 Stockyard CIR Madison, AL	4.0	3.0	1943	$2,350	$1.21	45d	1	1.09mi
104 Kings Cross Dr Madison, AL	3.0	2.0	1905	$2,050	$1.08	25d	1	1.14mi
104 Kings Cross Dr Madison, AL	3.0	2.0	1906	$2,050	$1.08	45d	1	1.14mi
117 Willow Bluff Dr Madison, AL	3.0	2.0	1242	$1,600	$1.29	45d	1	1.19mi
5541 Promenade Point Pkwy NW Madison, AL	1.0–3.0	1.0–2.0	1556	$2,300	$1.48	23d	1	1.20mi
403 Barrington Hills Dr Madison, AL	4.0	2.0	1820	$1,950	$1.07	23d	1	1.21mi
5550 Promenade Point Pkwy Madison, AL	1.0–3.0	1.0–2.0	968	$1,404	$1.45	15d	13	1.22mi
1542 Balch Rd Madison, AL	1.0–3.0	1.0–2.0	1077	$1,920	$1.78	15d	21	1.24mi
237 Knox Creek Trl NW Madison, AL	3.0	2.0	1280	$1,650	$1.29	25d	1	1.24mi
4095 Lawsons Ridge Dr Madison, AL	1.0–3.0	1.0–2.0	1028	$1,691	$1.64	15d	12	1.35mi
500 Oval Ave NW Madison, AL	2.0–4.0	2.5–3.0	1776	$2,185	$1.23	15d	50	1.35mi
102 McDermotts Way Madison, AL	3.0	2.0	1462	$1,675	$1.15	16d	1	1.37mi
502 Creek Bed Cir NW Madison, AL	4.0	2.5	2200	$1,980	$0.90	45d	1	1.42mi
110 Fernwood Cir Madison, AL	3.0	2.0	1410	$1,398	$0.99	45d	1	1.43mi
139 Angela Dr Madison, AL	2.0	2.0	1160	$995	$0.86	16d	1	1.45mi
100 Edison Ave NW Madison, AL	1.0–3.0	1.0–2.0	1025	$1,820	$1.77	15d	26	1.46mi
109 DuPont Cir Madison, AL	3.0	2.0	1725	$1,895	$1.10	16d	1	1.46mi
330 Kenneth Blvd NW Madison, AL	3.0	2.0	1430	$1,575	$1.10	23d	1	1.47mi
1010 Elliston Pl NW Madison, AL	3.0	1.0–2.0	1051	$1,825	$1.74	15d	19	1.49mi

Listing history 13 events

1. 2026-06-22
   days on market $296,500 Active 19 DOM
2. 2026-06-18
   days on market $296,500 Active 16 DOM
3. 2026-06-17
   days on market $296,500 Active 15 DOM
4. 2026-06-16
   days on market $296,500 Active 14 DOM
5. 2026-06-15
   price $296,500 Active 13 DOM
6. 2026-06-15
   days on market $298,500 Active 13 DOM
7. 2026-06-14
   days on market $298,500 Active 11 DOM
8. 2026-06-10
   days on market $298,500 Active 8 DOM
9. 2026-06-09
   days on market $298,500 Active 7 DOM
10. 2026-06-08
    days on market $298,500 Active 6 DOM
11. 2026-06-07
    days on market $298,500 Active 5 DOM
12. 2026-06-03
    remarks 692-char remark
13. 2026-06-03
    listed $298,500 Active 1 DOM

ⓘ 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: $2,786 · $232/mo
• Projected year-2 tax: $2,786 · $232/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% 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: $22,734
• − Mortgage interest: −$16,609
• − Property taxes: −$2,786
• − Insurance: −$1,482
• − Repairs & maintenance: −$1,819
• − Management: −$1,819
• − Depreciation: −$8,625
• Taxable loss: −$10,406
• Est. tax savings @ 24.0%: +$2,497
• After-tax cash flow: $-2,470/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 City
• NCES district ID: 0100008
• Math proficiency: 51% ▼ -25.00%
• Reading proficiency: 71% ▼ -2.00%
• Median HH income: $89,091
• Composite: 55.56/100
• National rank: #1238
• State rank: #4 of 129 in AL

Livability — Madison

• Score: 76/100
• State rank: #12
• US rank: #3280

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, AL
• County: Madison County · 380,832 people
• City population: 93,742
• Metro: Huntsville, AL
• Population (ZIP): 50,266
• Household income: $117,380
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 875.0

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: Predominantly White (68%)
• Race & ethnicity: White 68% Black 14% Hispanic / Latino 8% Asian 7% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, South Korea, Vietnam
• Languages at home: 87% English-only · Spanish 5% Other Asian/Pacific 2% Chinese 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: ▲ 14.46%
• Current HPI: 355.2784
• Rent YoY: ▲ 1.58%
• 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

1 event — show timeline

• 2026-06-02 Listed $298,500 VMLS

Property tax history

+7.0%/yr

Latest (2024): $2,786 · +3.8% YoY. Source: county tax records.