8157 Gaskin Blvd · Madison, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 5/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +13.0/15.0
- Cash flow +9.1/30.0
- Condition / age +4.0/5.0
- Livability +3.8/5.0
- 1% rule +3.0/10.0
- Rent growth +2.8/5.0
- DSCR +2.5/10.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$249,990
8157 Gaskin Blvd · Madison, AL 35756
3 bd · 2.0 ba · 1,397 sqft · SingleFamily
· 53 Days on market
4,791 sqft lot
Garage
$179/sqft
· 12% below area
Est $285k · 12% under
$50/mo HOA · 2% of rent
↓ 6% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Under Construction-Move in Ready! Blinds, Fridge, Washer & Dryer INCLUDED Brand NEW energy-efficient home featuring spray foam insulation, AprilAire System and so much more. Seller to write contract on Meritage new home agreement, including expansive new home warranty.
Key facts
- Aprilaire system
- 4,791 sq ft lot
- 2 garage spots
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $250k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-191 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $222k (11.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (19.6% below list).
- Recommended offer: $201k (19.6% below list) — sets the bar for 1% rule.
- Cap rate 5.4% vs local median 3.0% 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.
- Limestone County (rural): math 21% / reading 44% proficiency, ranked #52 of 129 in AL (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Tanner Elementary School (math 12% / reading 42%, grade F, #392 of 627 statewide, top 65%, 333 students, 73% FRL); Tanner High School (math 10% / reading 20%, grade F, #212 of 305 statewide, top 70%, 411 students, 85% FRL) — zoned schools average 79% FRL vs 40% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.1%/yr); 1084 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 110d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 494 units permitted in Limestone County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Limestone County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 53 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$200,873
(19.6% below list)
Questions for the listing agent
- 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?
- It's been on market 53 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.80% ✗
- Cap rate
- 5.38%
- Cash-on-cash
- -3.27%
- DSCR
- 0.85
- GRM
- 10.4
CMA / ARV
- ARV (median comp)
- $285,019
- List price
- $249,990
- Delta
- -12.29%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8195 Huspa Ave | 0.07mi | 3/2.0 | 1,397 (0%) | 4mo | $269,990 | $193 | 94 |
| 8244 Huspa Ave | 0.10mi | 3/2.0 | 1,397 (0%) | 4mo | $259,000 | $185 | 92 |
| 8237 Huspa Ave | 0.10mi | 3/2.0 | 1,397 (0%) | 4mo | $249,990 | $179 | 92 |
| 8188 Huspa Ave | 0.04mi | 3/2.0 | 1,420 (+2%) | 5mo | $261,500 | $184 | 91 |
| 8220 Huspa Ave | 0.07mi | 3/2.0 | 1,420 (+2%) | 5mo | $269,990 | $190 | 90 |
| 8203 Huspa Ave | 0.07mi | 3/2.0 | 1,420 (+2%) | 5mo | $284,990 | $201 | 90 |
| 8267 Huspa Ave | 0.13mi | 3/2.0 | 1,397 (0%) | 5mo | $261,000 | $187 | 90 |
| 8156 Huspa Ave | 0.02mi | 3/2.0 | 1,420 (+2%) | 10mo | $279,990 | $197 | 88 |
| 8283 Huspa Ave | 0.15mi | 3/2.0 | 1,397 (0%) | 6mo | $267,990 | $192 | 88 |
| 8212 Huspa Ave | 0.06mi | 3/2.0 | 1,397 (0%) | 12mo | $269,990 | $193 | 87 |
| 8163 Huspa Ave | 0.06mi | 3/2.0 | 1,397 (0%) | 13mo | $249,990 | $179 | 87 |
| 8171 Huspa Ave | 0.06mi | 3/2.0 | 1,420 (+2%) | 12mo | $265,000 | $187 | 85 |
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 · 1.15% rent growth · sell at horizon
5-year hold
- IRR
- -23.9%
- Equity multiple
- 0.20×
- Total profit
- $-56,267
- Equity at exit
- $37,274
10-year hold
- IRR
- -25.2%
- Equity multiple
- -0.13×
- Total profit
- $-78,907
- Equity at exit
- $21,615
Cash invested: $69,997 (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.
Balanced market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 12 active · 10 under contract
- Months of supply
- 4.2 mo (24%/mo absorbed)
- Median asking
- $299,990 ($182/sqft)
- Median days on market
- 85 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +12.1% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 35756
- Home prices YoY
- -21.7%
- Rents YoY
- 1.1%
- Active inventory
- 1084
- Price-to-rent
- 10.4×
Monthly cashflow live
↻
- Estimated rent
- $2,009 high interval (Pro) →
- Mortgage (P&I)
- −$1,311
- Tax est. 1.5%
- −$312 /mo · $3,750/yr
- Insurance
- −$104
- HOA
- −$50
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$422
- Net cashflow
- $-191
Break-even live
Break-even rent
$2,250
Max offer price
$222,391
Occupancy floor
—
Sensitivity live
| Price | -10% $-18 | -5% $-104 | +0% $-191 | +5% $-277 | +10% $-363 |
|---|---|---|---|---|---|
| Rent | -10% $-349 | -5% $-270 | +0% $-191 | +5% $-111 | +10% $-32 |
| Rate | -1.0pp $-65 | -0.5pp $-127 | base $-191 | +0.5pp $-256 | +1.0pp $-321 |
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
- $62,498
- Closing costs
- $7,500
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 10 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 29227 Satilla Cir Madison, AL | 4.0 | 2.5 | 1835 | $1,995 | $1.09 | 139d | 1 | 0.06mi |
| 8259 Huspa Ave Madison, AL | 3.0 | 2.5 | 1725 | $2,050 | $1.19 | 109d | 1 | 0.13mi |
| 29889 Conquest Ct NW Madison, AL | 1.0–3.0 | 1.0–2.5 | 1018 | $3,160 | $3.10 | 0d | 105 | 0.72mi |
| 29758 Annex Dr NW Madison, AL | 2.0 | 2.0 | 1271 | $2,141 | $1.68 | 0d | 5 | 0.78mi |
| 11200 Packard Dr NW Madison, AL | 1.0–2.0 | 1.0–2.0 | 985 | $1,485 | $1.51 | 0d | 13 | 0.81mi |
| 103 Thornley Ct Madison, AL | 3.0 | 2.0 | 1704 | $1,550 | $0.91 | 119d | 1 | 1.18mi |
| 207 Healey Dr Madison, AL | 3.0 | 2.0 | 1600 | $1,200 | $0.75 | 3d | 1 | 1.42mi |
| 228 Grantham Cir Madison, AL | 3.0 | 2.0 | 1588 | $1,850 | $1.16 | 119d | 1 | 1.45mi |
| 228 Grantham Cir Madison, AL | 3.0 | 2.0 | 1588 | $1,850 | $1.16 | 139d | 1 | 1.45mi |
| 29789 Hardiman Rd Madison, AL | 2.0 | 2.0 | 1250 | $1,700 | $1.36 | 0d | 1 | 1.47mi |
Property features AI
Finance
- HOA & community
- Homeowners association with annual fee of $600Community poolCommon groundsCurbs, sidewalks and street lights in the communitySubdivision: Madison Preserve
Exterior
- Parking
- Attached two-car garage with garage door openerAttached carport
- Utilities
- Public sewerCentral heatingCentral air conditioning
- Home design
- Single-family residenceNew constructionOne story
- Construction
- Foam insulation constructionSlab foundation
- Exterior features
- Curb and guttersSidewalksUnderground utilitiesConcrete drivewayCovered patioPublic water
Interior
- Kitchen
- RangeDishwasherMicrowaveRefrigeratorGarbage disposal
- Bathrooms
- 2 full bathrooms
- Interior features
- Double pane windowsLow-flow plumbing fixturesENERGY STAR Certified home with HERS scoreSpray foam insulationDual-flush toiletsEnergy-efficient water heaterProgrammable thermostat
- Laundry & utility
- WasherDryer
Listing history 46 events
-
2026-09-24days on market $249,990 Active 53 DOM
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2026-09-23days on market $249,990 Active 52 DOM
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2026-09-22days on market $249,990 Active 51 DOM
-
2026-09-21days on market $249,990 Active 50 DOM
-
2026-09-20days on market $249,990 Active 49 DOM
-
2026-09-19days on market $249,990 Active 48 DOM
-
2026-09-18days on market $249,990 Active 47 DOM
-
2026-09-17days on market $249,990 Active 46 DOM
-
2026-09-16days on market $249,990 Active 45 DOM
-
2026-09-15days on market $249,990 Active 44 DOM
-
2026-09-15status $249,990 Active 43 DOM
-
2026-07-14statusdays on market $249,990 Pending 43 DOM
-
2026-07-14days on market $249,990 Active 42 DOM
-
2026-07-12days on market $249,990 Active 41 DOM
-
2026-07-11days on market $249,990 Active 40 DOM
-
2026-07-10days on market $249,990 Active 39 DOM
-
2026-07-09days on market $249,990 Active 38 DOM
-
2026-07-08days on market $249,990 Active 37 DOM
-
2026-07-07days on market $249,990 Active 36 DOM
-
2026-07-06days on market $249,990 Active 35 DOM
-
2026-07-05days on market $249,990 Active 34 DOM
-
2026-07-04days on market $249,990 Active 33 DOM
-
2026-07-03days on market $249,990 Active 32 DOM
-
2026-07-02days on market $249,990 Active 31 DOM
-
2026-07-01days on market $249,990 Active 30 DOM
-
2026-06-30days on market $249,990 Active 29 DOM
-
2026-06-29days on market $249,990 Active 28 DOM
-
2026-06-28days on market $249,990 Active 27 DOM
-
2026-06-28days on market $249,990 Active 26 DOM
-
2026-06-27days on market $249,990 Active 25 DOM
-
2026-06-25pricedays on market $249,990 Active 23 DOM
-
2026-06-23days on market $264,990 Active 21 DOM
-
2026-06-22days on market $264,990 Active 20 DOM
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2026-06-18days on market $264,990 Active 17 DOM
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2026-06-17days on market $264,990 Active 16 DOM
-
2026-06-16days on market $264,990 Active 15 DOM
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2026-06-15days on market $264,990 Active 14 DOM
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2026-06-14days on market $264,990 Active 12 DOM
-
2026-06-10days on market $264,990 Active 9 DOM
-
2026-06-09days on market $264,990 Active 8 DOM
-
2026-06-08days on market $264,990 Active 7 DOM
-
2026-06-07days on market $264,990 Active 6 DOM
-
2026-06-05days on market $264,990 Active 3 DOM
-
2026-06-03days on market $264,990 Active 2 DOM
-
2026-06-02remarks 272-char remark
-
2026-06-02$264,990 Active 1 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 · 19 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,105
- − Mortgage interest
- −$14,003
- − Property taxes
- −$3,750
- − Insurance
- −$1,250
- − Repairs & maintenance
- −$1,928
- − Management
- −$1,928
- − HOA
- −$600
- − Depreciation
- −$7,272
- Taxable loss
- −$6,628
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,591
- After-tax cash flow
- $-698/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.
Condition & rehab AI · 8 photos
80/100
Cosmetic rehab
Est. rehab $6,985–$20,955 screening
This home is in good condition with a fresh kitchen and neutral paint. It is move-in ready and has the potential for minor cosmetic improvements to further enhance its value.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics, making the home more attractive to potential buyers and renters. ↑
- Both Landscaping improvements — Enhancing the landscaping can increase the home's curb appeal and make it more inviting for potential buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 21/100
Zoned Schools
Elementary
Tanner Elementary School
F
AL #392/627
Nat'l #28,475/41,679
High
Tanner High School
F
AL #212/305
Nat'l #15,263/17,239
Schools (NCES district)
- District
- Limestone County
- NCES district ID
- 0102100
- Math proficiency
- 21% ▼ -23.00%
- Reading proficiency
- 44% ▼ -3.00%
- Median HH income
- $48,972
- Composite
- 28.09/100
- National rank
- #6829
- State rank
- #52 of 129 in AL
B
Composite livability gradescore 76/100
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
- County
- Limestone County · 111,441 people
- City population
- 220,435
- Metro
- Huntsville, AL
- Population (ZIP)
- 24,947
- Household income
- $129,852
- Rent vs Own
- Severe rent burden
- 5% of renters
Population outlook (Limestone County) Hauer SSP2
- Today (2025)
- 111,441 people
- By 2030
- 121,272 · +8.8%
- By 2040
- 140,705 · +26.3%
- By 2050
- 159,069 · +42.7%
- By 2075
- 202,231 · +81.5%
- By 2100
- 230,608 · +106.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 59% Black 21% Two or more races 9% Hispanic / Latino 7% Asian 6% Native American 1%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2%
- Common ancestry
- Italian 3% Serbian 3% Slovak 3%
- Foreign-born
- 8% · China, South Korea, Canada
- Languages at home
- 90% English-only · Spanish 3% Korean 2% Other Indo-European 2%
Political lean MEDSL · Limestone
- 2024 margin
- Solid R (+43.9) · D 27.5% · R 71.4% · Other 1.2%
- 2008→2024 swing
- -2.0pp toward R · 2008: -41.9pp · 2024: -43.9pp
- All cycles
- 2024: R+43.9 2020: R+42.6 2016: R+49.5 2012: R+43.6 2008: R+41.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -50.15%
- Current HPI
- 180.5285
- Rent YoY
- ▲ 1.15%
- 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
-5.7% since first listed2 events — show timeline
- 2026-06-24 Price Changed $249,990 VMLS
- 2026-06-01 Listed $264,990 VMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…