4024 Windswept Dr · Huntsville, AL 35757

$335,000

5 bd · 2.0 ba · 2,977 sqft · SingleFamily public records · 83 Days on market

Built 2007 8,712 sqft lot $113/sqft · 33% below area Est $498k · 33% under $20/mo HOA · 1% of rent

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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 +15.4/30.0
• ARV discount +15.0/15.0
• DSCR +4.7/10.0
• Livability +4.1/5.0
• 1% rule +4.0/10.0
• Schools +2.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious and beautifully updated, this 5-bedroom, 3-bath home offers the perfect blend of comfort and convenience. The main-level primary suite features a large walk-in closet and a luxurious bath with a jetted tub and separate shower. Enjoy an updated kitchen and bathrooms, plus a generous upstairs living area—ideal for entertaining or relaxing. Conveniently located near Research Park, shopping, dining, and grocery stores, this home has everything you need in a prime location.

Key facts

• 8,712 sq ft lot
• 2 garage spots
• Built 2007

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $335k.

Deal economics

• At list price, monthly cash flow is $128 ($2k/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 $300k (10.4% below list).
• Recommended offer: $300k (10.4% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.8% in Huntsville — 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 82/100 on livability (#3 in AL, #1,082 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Huntsville City (urban): math 21% / reading 46% proficiency, ranked #48 of 129 in AL (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 203 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).
• This rent runs 34% of the median local income ($106k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 83 days — a 6% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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

• 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 $300,310 (10.4% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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. 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.
7. 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.
8. 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: 0.90% ✗
• Cap rate: 6.75%
• Cash-on-cash: 1.64%
• DSCR: 1.07
• GRM: 9.3

CMA / ARV

• ARV (median comp): $497,581
• List price: $335,000
• Delta: -32.67%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7727 N Catawba Cir NW	0.75mi	4/2.5 (-1)	3,021 (+2%)	16mo	$345,000	$114	43
14 Eddy St NW	0.75mi	4/3.5 (-1)	2,718 (-9%)	1mo	$875,000	$322	39
17 Angell St NW	0.73mi	4/3.0 (-1)	2,756 (-7%)	11mo	$923,665	$335	36

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 · 0.69% rent growth · sell at horizon

5-year hold

• IRR: -16.3%
• Equity multiple: 0.44×
• Total profit: $-52,959
• Equity at exit: $49,950

10-year hold

• IRR: -12.5%
• Equity multiple: 0.34×
• Total profit: $-62,348
• Equity at exit: $28,965

Cash invested: $93,800 (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 35757

• Home prices YoY: -10.3%
• Rents YoY: 0.7%
• Active inventory: 203
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $3,003 medium
• Mortgage (P&I): −$1,757
• Tax from tax record: −$328 /mo · $3,938/yr
• Insurance: −$140
• HOA: −$20
• Vacancy / Maint / Mgmt: −$631
• Net cashflow: $128

Break-even live

Break-even rent $2,841

Max offer price $335,000

Occupancy floor 91%

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
204 Roy Dr Madison, AL	5.0	4.0	3195	$3,450	$1.08	23d	1	0.63mi
7709 N Catawba Cir NW Unit NA Madison, AL	5.0	2.5	3100	$3,395	$1.10	23d	1	0.79mi

HOA detail

• Monthly dues: $20 · $240/yr

Listing history 24 events

1. 2026-06-18
   days on market $335,000 Active 83 DOM
2. 2026-06-17
   days on market $335,000 Active 82 DOM
3. 2026-06-16
   days on market $335,000 Active 81 DOM
4. 2026-06-15
   days on market $335,000 Active 80 DOM
5. 2026-06-14
   days on market $335,000 Active 78 DOM
6. 2026-06-10
   days on market $335,000 Active 75 DOM
7. 2026-06-09
   days on market $335,000 Active 74 DOM
8. 2026-06-08
   days on market $335,000 Active 73 DOM
9. 2026-06-07
   days on market $335,000 Active 72 DOM
10. 2026-06-03
    days on market $335,000 Active 68 DOM
11. 2026-06-02
    days on market $335,000 Active 67 DOM
12. 2026-06-01
    days on market $335,000 Active 66 DOM
13. 2026-05-31
    days on market $335,000 Active 65 DOM
14. 2026-05-30
    days on market $335,000 Active 64 DOM
15. 2026-05-12
    price $335,000 488-char remark

    Show marketing remark (488 chars)

    Spacious and beautifully updated, this 5-bedroom, 3-bath home offers the perfect blend of comfort and convenience. The main-level primary suite features a large walk-in closet and a luxurious bath with a jetted tub and separate shower. Enjoy an updated kitchen and bathrooms, plus a generous upstairs living area—ideal for entertaining or relaxing. Conveniently located near Research Park, shopping, dining, and grocery stores, this home has everything you need in a prime location.

16. 2026-04-23
    price $345,000 488-char remark

    Show marketing remark (488 chars)

    Spacious and beautifully updated, this 5-bedroom, 3-bath home offers the perfect blend of comfort and convenience. The main-level primary suite features a large walk-in closet and a luxurious bath with a jetted tub and separate shower. Enjoy an updated kitchen and bathrooms, plus a generous upstairs living area—ideal for entertaining or relaxing. Conveniently located near Research Park, shopping, dining, and grocery stores, this home has everything you need in a prime location.

17. 2026-03-27
    listed $350,000 Active 488-char remark

    Show marketing remark (488 chars)

    Spacious and beautifully updated, this 5-bedroom, 3-bath home offers the perfect blend of comfort and convenience. The main-level primary suite features a large walk-in closet and a luxurious bath with a jetted tub and separate shower. Enjoy an updated kitchen and bathrooms, plus a generous upstairs living area—ideal for entertaining or relaxing. Conveniently located near Research Park, shopping, dining, and grocery stores, this home has everything you need in a prime location.

18. 2024-03-28
    soldstatus $319,000
19. 2024-03-25
    soldstatus $319,000 Sold 525-char remark

    Show marketing remark (525 chars)

    Located minutes to Research Park in very quiet mature subdivision, close to Hwy 72, eating and shopping. Crown molding throughout with very bright large windows. Large family home with second story living area. Master is downstairs and isolated from other bedrooms. Home has been completely repainted in an agreeable gray. New carpets and vinyl upstairs with new durable vinyl planking in downstairs master bedroom, kitchen and family room. Wood floors in entry and den. Large master vanity bathroom with huge walk in closet.

20. 2024-02-22
    historical Contingent 525-char remark

    Show marketing remark (525 chars)

    Located minutes to Research Park in very quiet mature subdivision, close to Hwy 72, eating and shopping. Crown molding throughout with very bright large windows. Large family home with second story living area. Master is downstairs and isolated from other bedrooms. Home has been completely repainted in an agreeable gray. New carpets and vinyl upstairs with new durable vinyl planking in downstairs master bedroom, kitchen and family room. Wood floors in entry and den. Large master vanity bathroom with huge walk in closet.

21. 2024-02-22
    price $329,000 525-char remark

    Show marketing remark (525 chars)

    Located minutes to Research Park in very quiet mature subdivision, close to Hwy 72, eating and shopping. Crown molding throughout with very bright large windows. Large family home with second story living area. Master is downstairs and isolated from other bedrooms. Home has been completely repainted in an agreeable gray. New carpets and vinyl upstairs with new durable vinyl planking in downstairs master bedroom, kitchen and family room. Wood floors in entry and den. Large master vanity bathroom with huge walk in closet.

22. 2024-01-30
    listed $335,000 Active 525-char remark

    Show marketing remark (525 chars)

    Located minutes to Research Park in very quiet mature subdivision, close to Hwy 72, eating and shopping. Crown molding throughout with very bright large windows. Large family home with second story living area. Master is downstairs and isolated from other bedrooms. Home has been completely repainted in an agreeable gray. New carpets and vinyl upstairs with new durable vinyl planking in downstairs master bedroom, kitchen and family room. Wood floors in entry and den. Large master vanity bathroom with huge walk in closet.

23. 2022-11-11
    historical
24. 2022-09-12
    soldstatus $283,000

ⓘ 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: $3,938 · $328/mo
• Projected year-2 tax: $3,938 · $328/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 ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,037
• − Mortgage interest: −$18,765
• − Property taxes: −$3,938
• − Insurance: −$1,675
• − Repairs & maintenance: −$2,883
• − Management: −$2,883
• − HOA: −$240
• − Depreciation: −$9,745
• Taxable loss: −$4,093
• Est. tax savings @ 24.0%: +$982
• After-tax cash flow: $2,517/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: Huntsville City
• NCES district ID: 0101800
• Math proficiency: 21% ▼ -23.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $48,264
• Composite: 28.84/100
• National rank: #6647
• State rank: #48 of 129 in AL

Livability — Huntsville

• Score: 82/100
• State rank: #3
• US rank: #1082

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntsville, AL
• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 18,529
• Household income: $106,175
• Rent vs Own: 27.6% rent · 72.4% own
• Severe rent burden: 242.0

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 61% Black 26% Two or more races 7% Hispanic / Latino 5% Asian 1%
• Common ancestry: Italian 3% Romanian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -31.04%
• Current HPI: 269.7329
• Rent YoY: ▲ 0.69%
• 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

+18.4% since first listed

10 events — show timeline

• 2026-05-12 Price Changed $335,000 VMLS
• 2026-04-23 Price Changed $345,000 VMLS
• 2026-03-27 Listed $350,000 VMLS
• 2024-03-28 Sold (Public Records) $319,000 Public Records
• 2024-03-25 Sold (MLS) $319,000 VMLS
• 2024-02-22 Contingent — VMLS
• 2024-02-22 Price Changed $329,000 VMLS
• 2024-01-30 Listed $335,000 VMLS
• 2022-11-11 Rental Removed — RENT.
• 2022-09-12 Sold (Public Records) $283,000 Public Records

Property tax history

+4.1%/yr

Latest (2024): $3,938 · +3.1% YoY. Source: county tax records.