695 Burbank Ct · Montgomery, AL 36117

$169,900

4 bd · 2.0 ba · 1,998 sqft · SingleFamily public records · 17 Days on market

Built 1975 8,712 sqft lot Est $192k · 11% under

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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 +22.1/30.0
• ARV discount +12.6/15.0
• DSCR +7.1/10.0
• 1% rule +4.6/10.0
• Rent growth +3.2/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Please come view this lovely spacious 4 bedroom 2 bath home located in a cul-da-sac. It has a nice foyer when you enter, a separate dining room, a large great room with a fireplace, a separate breakfast nook, a nice size den, covered back patio, nice size back yard that is fenced in.

Key facts

• Formal dining room
• Quiet cul-de-sac
• Cozy fireplace

Tags

• QUIET CUL-DE-SAC
• MULTIPLE LIVING AREAS
• FORMAL DINING ROOM
• LARGE GREAT ROOM
• COZY FIREPLACE
• SEPARATE BREAKFAST NOOK

Property features AI

Finance

• Other: Annual tax amount available

Exterior

• Parking: Driveway
• Security: Fully fenced
• Utilities: Cable available; Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story home; City lot
• Construction: Brick and vinyl siding exterior; Slab foundation; Built (year per public records)
• Exterior features: Covered patio; Covered porch; Fully fenced yard; Porch

Interior

• Kitchen: Dishwasher; Refrigerator
• Bedrooms: Bedrooms on the first floor (3 total)
• Flooring: Plank; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump for heating and cooling
• Interior features: Plank and vinyl flooring; One fireplace
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $273 ($3k/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 $164k (3.7% below list).
• Recommended offer: $164k (3.7% below list) — sets the bar for 1% rule.
• Cap rate 8.2% vs local median 6.0% in Montgomery — 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 65/100 on livability (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D, crime F.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.0%/yr); 407 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 28y 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.
• Current owner paid $115k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% 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 $163,588 (3.7% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.96% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.90%
• DSCR: 1.31
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $191,808
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
709 Balfour Rd	0.26mi	4/3.0	1,860 (-7%)	6mo	$160,000	$86	67
341 Crest Hill Dr	0.24mi	4/2.0	2,144 (+7%)	14mo	$206,000	$96	65
415 Stroll Dr	0.26mi	4/2.0	1,710 (-14%)	0mo	$175,900	$103	63
402 Stroll Dr	0.32mi	3/2.0 (-1)	1,905 (-5%)	17mo	$150,000	$79	58
816 Rialto Dr	0.52mi	3/3.0 (-1)	1,974 (-1%)	9mo	$169,900	$86	57
6213 Lycoming Rd	0.55mi	3/2.0 (-1)	1,852 (-7%)	1mo	$154,000	$83	57
5845 Ainsworth Dr	0.28mi	4/3.0	1,832 (-8%)	15mo	$138,500	$76	56
749 Amity Ln	0.41mi	4/2.0	1,767 (-12%)	8mo	$190,000	$108	56
348 Sultan Ct	0.32mi	3/2.0 (-1)	1,810 (-9%)	12mo	$182,810	$101	54
356 Kroy Dr	0.38mi	5/2.0 (+1)	1,848 (-8%)	14mo	$184,500	$100	53
402 Mulligan Dr	0.37mi	3/2.0 (-1)	1,742 (-13%)	10mo	$142,000	$82	48
541 Dunbarton Rd	0.39mi	5/2.5 (+1)	2,200 (+10%)	14mo	$218,000	$99	46

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 · 2.99% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.79×
• Total profit: $-10,202
• Equity at exit: $25,333

10-year hold

• IRR: 3.8%
• Equity multiple: 1.28×
• Total profit: $13,188
• Equity at exit: $14,690

Cash invested: $47,572 (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 36117

• Home prices YoY: -20.0%
• Rents YoY: 3.0%
• Active inventory: 407
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,636 high
• Mortgage (P&I): −$891
• Tax from tax record: −$57 /mo · $686/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $273

Break-even live

Break-even rent $1,290

Max offer price $169,900

Occupancy floor 78%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
341 N Burbank Dr Montgomery, AL	5.0	2.0	1584	$1,800	$1.14	13d	1	0.30mi
5805 Hyde Park Dr Montgomery, AL	3.0	2.0	1757	$1,511	$0.86	20d	1	0.30mi
457 Mulligan Dr Montgomery, AL	3.0	2.0	1344	$1,335	$0.99	43d	1	0.30mi
438 Mulligan Dr Montgomery, AL	4.0	2.0	1232	$1,500	$1.22	43d	1	0.32mi
5712 Roxboro Dr Montgomery, AL	4.0	2.0	1544	$1,450	$0.94	20d	1	0.33mi
323 N Burbank Dr Montgomery, AL	4.0	2.0	1584	$1,381	$0.87	13d	1	0.34mi
713 Amity Ln Montgomery, AL	4.0	2.0	1696	$1,900	$1.12	43d	1	0.35mi
6265 Wares Ferry Rd Montgomery, AL	3.0	2.0	1336	$1,600	$1.20	13d	1	0.46mi
428 Fieldbrook Dr Montgomery, AL	3.0	1.5	1440	$995	$0.69	20d	1	0.46mi
6320 Burbank Crossing Loop Montgomery, AL	3.0	2.0	1238	$1,600	$1.29	43d	1	0.51mi
241 Kroy Dr Montgomery, AL	4.0	2.0	1450	$1,195	$0.82	43d	1	0.52mi
6265 Nature Dr Montgomery, AL	3.0	2.0	1400	$1,050	$0.75	13d	1	0.66mi
5735 Sweet Meadow Dr Montgomery, AL	3.0	2.0	1413	$1,525	$1.08	43d	1	0.77mi
535 Lawndale Ln Montgomery, AL	4.0	1.5	1260	$1,100	$0.87	13d	1	0.98mi
633 Groveland Dr Montgomery, AL	3.0	2.0	1424	$1,200	$0.84	43d	1	1.06mi
6409 Deerwood Pl Montgomery, AL	3.0	2.0	1504	$1,711	$1.14	13d	1	1.08mi
6637 Ridgeview Cir Montgomery, AL	3.0	2.5	1458	$1,700	$1.17	20d	1	1.11mi
605 Plantation Way Montgomery, AL	4.0	2.0	1519	$1,200	$0.79	20d	1	1.16mi
6272 Deerwood Dr Montgomery, AL	3.0	2.0	1754	$1,785	$1.02	13d	1	1.17mi
6272 Deerwood Dr Montgomery, AL	3.0	2.0	1754	$1,875	$1.07	20d	1	1.17mi
6061 Karen Valley Cv Montgomery, AL	3.0	2.0	1509	$1,500	$0.99	20d	1	1.17mi
564 Glade Park Loop Unit 1043856P Montgomery, AL	4.0	2.0	1496	$2,736	$1.83	13d	1	1.28mi
529 Mitylene Dr Montgomery, AL	3.0	2.0	1463	$1,550	$1.06	20d	1	1.40mi
6005 Tamarack Dr Montgomery, AL	4.0	2.0	1617	$1,650	$1.02	43d	1	1.41mi
500 Eastdale Rd S Montgomery, AL	1.0–3.0	1.0–2.5	1042	$900	$0.86	20d	20	1.45mi

Listing history 13 events

1. 2026-06-18
   days on market $169,900 Active 17 DOM
2. 2026-06-17
   days on market $169,900 Active 16 DOM
3. 2026-06-16
   days on market $169,900 Active 15 DOM
4. 2026-06-15
   days on market $169,900 Active 14 DOM
5. 2026-06-14
   days on market $169,900 Active 12 DOM
6. 2026-06-13
   days on market $169,900 Active 11 DOM
7. 2026-06-10
   days on market $169,900 Active 9 DOM
8. 2026-06-09
   days on market $169,900 Active 8 DOM
9. 2026-06-08
   days on market $169,900 Active 7 DOM
10. 2026-06-07
    days on market $169,900 Active 6 DOM
11. 2026-06-03
    days on market $169,900 Active 2 DOM
12. 2026-06-02
    remarks 681-char remark
13. 2026-06-02
    listed $169,900 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: $686 · $57/mo
• Projected year-2 tax: $697 · $58/mo
• Expected delta: +$11/yr (+$1/mo · 1.6%)

ⓘ 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 8/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $19,631
• − Mortgage interest: −$9,517
• − Property taxes: −$686
• − Insurance: −$850
• − Repairs & maintenance: −$1,570
• − Management: −$1,570
• − Depreciation: −$4,943
• Taxable income: $495
• Est. tax owed @ 24.0%: −$119
• After-tax cash flow: $3,163/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: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• County: Montgomery County · 190,016 people
• City population: 175,913
• Metro: Montgomery, AL
• Population (ZIP): 53,172
• Household income: $74,720
• Rent vs Own: 36.9% rent · 63.1% own
• Severe rent burden: 1742.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Black 53% White 34% Asian 8% Two or more races 3% Hispanic / Latino 3%
• Common ancestry: Italian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 9% · South Korea, Canada, China
• Languages at home: 90% English-only · Korean 4% Spanish 3% Other Indo-European 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.24%
• Current HPI: 148.7728
• Rent YoY: ▲ 2.99%
• Metro: Montgomery, 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

+70.1% since first listed

12 events — show timeline

• 2026-04-01 Listed $169,900 MAAR
• 2023-04-05 Pending — MAAR
• 2023-04-03 Sold (MLS) $115,000 MAAR
• 2023-03-01 Contingent — MAAR
• 2023-02-20 Relisted — MAAR
• 2023-02-13 Contingent — MAAR
• 2023-02-10 Price Changed $125,000 MAAR
• 2022-12-08 Price Changed $140,000 MAAR
• 2022-10-25 Listed $150,000 MAAR
• 2002-05-01 Sold (MLS) $97,200 MAAR
• 2002-03-05 Listed $94,900 MAAR
• 1998-08-18 Listed $99,900 MAAR

Property tax history

+6.3%/yr

Latest (2025): $686 · -51.6% YoY. Source: county tax records.