7603 Ashor Dr · Huntsville, AL 35806

$326,900

3 bd · 1.5 ba · 2,345 sqft · SingleFamily public records · 112 Days on market

Built 2014 7,840 sqft lot $139/sqft · 23% below area Est $339k · at est. $33/mo HOA · 2% of rent

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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
• ARV discount +9.1/15.0
• Cash flow +6.7/30.0
• Livability +4.1/5.0
• Rent growth +3.1/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• 1% rule +1.0/10.0
• DSCR +1.0/10.0

Listing remarks MLS

Two (2%) percent lender credit available for those who qualify. Welcome to 7603 Ashor Dr., where comfort, convenience, & character come together. Built in 2014, this well maintained, move-in ready 3-bedroom, 3-bath home, w/loft & flex space, offers a spacious layout perfect for everyday living & entertaining. It's where charm meets modern design. In addition to the bedrooms, you'll find a versatile flex room, ideal for a home office, playroom, workout space, or media room. Enjoy neighborhood amenities including a community pool, playground, and pickleball/basketball court. Located just minutes from Redstone Arsenal, dining & entertainment of Downtown Huntsville. Book a showing TODAY!

Key facts

• 7,840 sq ft lot
• 2 garage spots
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $327k.

Deal economics

• At list price, monthly cash flow is $-518 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $235k (28.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (40.3% below list).
• Recommended offer: $195k (40.3% below list) — sets the bar for 1% rule.

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 rising (+2.6%/yr); 213 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $35k of equity ($2k loan paydown + $33k 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 ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($297k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y ago; this cycle's ask has dropped $18k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $196k; list at $327k implies a 67% gain — meaningful room to come down on a strong offer.

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 $195,246 (40.3% 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. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 40% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.60% ✗
• Cap rate: 4.39%
• Cash-on-cash: -6.80%
• DSCR: 0.70
• GRM: 14.0

CMA / ARV

• ARV (median comp): $338,944
• List price: $326,900
• Delta: -3.55%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8210 Stone Mill Dr NW	0.04mi	3/2.5	2,094 (-11%)	6mo	$310,000	$148	71
6018 Taramore Ln NW	0.54mi	4/2.5 (+1)	2,303 (-2%)	2mo	$332,000	$144	61
6525 Moon Crest Ln	0.57mi	4/3.0 (+1)	2,371 (+1%)	4mo	$355,000	$150	57
8307 Stillwater Cir NW	0.12mi	4/2.5 (+1)	2,020 (-14%)	7mo	$290,000	$144	56
6608 Shearleaf Rd NW	0.36mi	4/3.0 (+1)	2,019 (-14%)	3mo	$366,008	$181	47
6233 NW Taramore Ln	0.53mi	4/2.5 (+1)	2,077 (-11%)	1mo	$282,782	$136	46
6229 NW Taramore Ln #091	0.53mi	4/2.5 (+1)	2,077 (-11%)	2mo	$283,832	$137	46
6221 NW Taramore Ln	0.53mi	4/2.5 (+1)	2,077 (-11%)	2mo	$279,850	$135	46
7004 Oakleigh Rose Dr	0.53mi	4/3.0 (+1)	2,124 (-9%)	4mo	$355,000	$167	45
7203 Chatfield Way NW	0.67mi	4/2.5 (+1)	2,047 (-13%)	3mo	$290,000	$142	36
6032 Barringer Ct	0.71mi	4/2.5 (+1)	2,119 (-10%)	8mo	$261,000	$123	36
6612 Cotton Creek Rd	0.72mi	4/2.5 (+1)	2,024 (-14%)	5mo	$260,000	$128	31

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 · 2.57% rent growth · sell at horizon

5-year hold

• IRR: 19.4%
• Equity multiple: 2.57×
• Total profit: $144,093
• Equity at exit: $294,497

10-year hold

• IRR: 17.8%
• Equity multiple: 5.90×
• Total profit: $448,429
• Equity at exit: $635,095

Cash invested: $91,532 (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 35806

• Home prices YoY: 20.0%
• Rents YoY: 2.6%
• Active inventory: 213
• Price-to-rent: 14.0×

Monthly cashflow live

• Estimated rent: $1,952 high
• Mortgage (P&I): −$1,714
• Tax from tax record: −$177 /mo · $2,127/yr
• Insurance: −$136
• HOA: −$33
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $-518

Break-even live

Break-even rent $2,609

Max offer price $235,338

Occupancy floor —

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: $81,725
• Closing costs: $9,807
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8223 Stone Mill Dr NW Huntsville, AL	3.0	2.5	2046	$2,300	$1.12	43d	1	0.10mi
7601 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1720	$1,720	$1.00	43d	1	0.18mi
7502 Discovery Point Dr NW Huntsville, AL	3.0	2.5	1626	$1,825	$1.12	43d	1	0.39mi
7203 Chatfield Way NW Huntsville, AL	4.0	2.5	2047	$1,799	$0.88	43d	1	0.70mi
171 Kingswood Dr Huntsville, AL	4.0	2.5	2850	$2,500	$0.88	13d	1	1.19mi
1012 Scarlet Woods Huntsville, AL	2.0	2.0	1626	$1,699	$1.04	21d	1	1.24mi
351 Lofton Rd NW Huntsville, AL	4.0	2.5	2186	$2,315	$1.06	13d	1	1.29mi

HOA detail

• Monthly dues: $33 · $396/yr
• Likely covers: pool

Listing history 18 events

1. 2026-06-18
   days on market $326,900 Active 112 DOM
2. 2026-06-17
   days on market $326,900 Active 111 DOM
3. 2026-06-16
   days on market $326,900 Active 110 DOM
4. 2026-06-15
   days on market $326,900 Active 109 DOM
5. 2026-06-14
   pricedays on market $326,900 Active 107 DOM
6. 2026-06-10
   days on market $339,900 Active 104 DOM
7. 2026-06-09
   days on market $339,900 Active 103 DOM
8. 2026-06-08
   days on market $339,900 Active 102 DOM
9. 2026-06-07
   days on market $339,900 Active 101 DOM
10. 2026-06-03
    days on market $339,900 Active 97 DOM
11. 2026-06-02
    days on market $339,900 Active 96 DOM
12. 2026-06-01
    days on market $339,900 Active 95 DOM
13. 2026-05-31
    days on market $339,900 Active 94 DOM
14. 2026-05-30
    days on market $339,900 Active 93 DOM
15. 2026-04-19
    price $344,900 711-char remark

    Show marketing remark (711 chars)

    Two (2%) percent lender credit available for those who qualify. Welcome to 7603 Ashor Dr., where comfort, convenience, & character come together. Built in 2014, this well maintained, move-in ready 3-bedroom, 3-bath home, w/loft & flex space, offers a spacious layout perfect for everyday living & entertaining. It's where charm meets modern design. In addition to the bedrooms, you'll find a versatile flex room, ideal for a home office, playroom, workout space, or media room. Enjoy neighborhood amenities including a community pool, playground, and pickleball/basketball court. Located just minutes from Redstone Arsenal, dining & entertainment of Downtown Huntsville. Book a showing TODAY!

16. 2026-02-27
    listed $345,000 Active 711-char remark

    Show marketing remark (711 chars)

    Two (2%) percent lender credit available for those who qualify. Welcome to 7603 Ashor Dr., where comfort, convenience, & character come together. Built in 2014, this well maintained, move-in ready 3-bedroom, 3-bath home, w/loft & flex space, offers a spacious layout perfect for everyday living & entertaining. It's where charm meets modern design. In addition to the bedrooms, you'll find a versatile flex room, ideal for a home office, playroom, workout space, or media room. Enjoy neighborhood amenities including a community pool, playground, and pickleball/basketball court. Located just minutes from Redstone Arsenal, dining & entertainment of Downtown Huntsville. Book a showing TODAY!

17. 2014-12-30
    soldstatus $195,500 532-char remark

    Show marketing remark (532 chars)

    The Thomas by Valor Communities features over 1,800 heated sq.ft. of amazing living space. This is a beautiful open plan with custom detail throughout. Kitchen includes an island and opens to the dining and great room with a fireplace. Secluded master suite on main level features trey ceilings & spacious master bath and huge master closet. Additional features include recessed lighting, 5" hand-scraped hardwood floors in the foyer, kitchen & dining and a great selection of granite counter tops. ASK ABOUT FALL PROMO

18. 2014-09-17
    listed $195,900 532-char remark

    Show marketing remark (532 chars)

    The Thomas by Valor Communities features over 1,800 heated sq.ft. of amazing living space. This is a beautiful open plan with custom detail throughout. Kitchen includes an island and opens to the dining and great room with a fireplace. Secluded master suite on main level features trey ceilings & spacious master bath and huge master closet. Additional features include recessed lighting, 5" hand-scraped hardwood floors in the foyer, kitchen & dining and a great selection of granite counter tops. ASK ABOUT FALL PROMO

ⓘ 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: $2,127 · $177/mo
• Projected year-2 tax: $2,127 · $177/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 · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% 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: $23,430
• − Mortgage interest: −$18,311
• − Property taxes: −$2,127
• − Insurance: −$1,634
• − Repairs & maintenance: −$1,874
• − Management: −$1,874
• − HOA: −$396
• − Depreciation: −$9,510
• Taxable loss: −$12,298
• Est. tax savings @ 24.0%: +$2,952
• After-tax cash flow: $-3,268/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): 29,161
• Household income: $86,768
• Rent vs Own: 54.2% rent · 45.8% own
• Severe rent burden: 1249.0

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 0.57)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 5% Two or more races 5% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2%
• Common ancestry: Slovak 2% Italian 2% Serbian 2%
• Foreign-born: 7% · Canada, Vietnam, China
• Languages at home: 93% English-only · Spanish 2% Other Indo-European 1% Other Asian/Pacific 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: ▲ 71.67%
• Current HPI: 430.5866
• Rent YoY: ▲ 2.57%
• 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

+76.1% since first listed

4 events — show timeline

• 2026-04-19 Price Changed $344,900 VMLS
• 2026-02-27 Listed $345,000 VMLS
• 2014-12-30 Sold (MLS) $195,500 VMLS
• 2014-09-17 Listed $195,900 VMLS

Property tax history

+19.8%/yr

Latest (2024): $2,127 · +2.3% YoY. Source: county tax records.