105 Ferstwood Dr · Triana, AL 35756

$260,000

3 bd · 1.0 ba · 1,655 sqft · SingleFamily public records · 42 Days on market

Built 2010 7,405 sqft lot $157/sqft · 9% below area Est $290k · 10% under

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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).

• ARV discount +12.1/15.0
• Cash flow +11.5/30.0
• Schools +3.7/10.0
• DSCR +3.4/10.0
• Livability +3.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step inside this 3-bedroom, 2-bathroom home, boasting 1,680 sq. ft. of thoughtfully designed living space. Constructed with wood and tile flooring, classic full brick for lasting quality, smooth ceilings throughout, and stunning trey ceiling in the master bedroom—experience comfort and convenience every day. Spacious walk-in closets provide ample storage, while the kitchen shines with stainless steel appliances and elegant raised panel cabinets, making meal prep a joy. Enjoy a full sod lawn and the 2 car garage for easy and access. New roof. With Madison city schools nearby and the vibrant amenities of the Towne Lakes community this home is for you and your family.

Key facts

• Full brick
• Walk-in closets
• Trey ceiling

Tags

• WOOD AND TILE FLOORING
• FULL BRICK
• SMOOTH CEILINGS
• TREY CEILING
• WALK-IN CLOSETS
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-85 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $245k (5.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (25.7% below list).
• Recommended offer: $193k (25.7% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 4.0% in Triana — 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 (#125 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Monrovia Elementary School (math 37% / reading 69%, grade C, #100 of 627 statewide, top 16%, 495 students, 29% FRL); Monrovia Middle School (math 29% / reading 66%, grade C-, #32 of 257 statewide, top 12%, 1,003 students, 31% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL) — zoned schools at 32% FRL track the district average.
• Market conditions: Rents rising (+1.1%/yr); 826 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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).
• This rent is only 18% of the median local income ($130k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
• 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 42 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y 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 $122k; list at $260k implies a 114% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $193,256 (25.7% 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 42 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
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: 0.74% ✗
• Cap rate: 5.90%
• Cash-on-cash: -1.40%
• DSCR: 0.94
• GRM: 11.2

CMA / ARV

• ARV (median comp): $289,615
• List price: $260,000
• Delta: -10.23%
• 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
119 Fields Pond Dr	0.17mi	3/2.0	1,631 (-2%)	1mo	$275,000	$169	85
107 Kings Cove Cir	0.19mi	3/2.0	1,658 (+0%)	6mo	$271,000	$163	82
111 Equality Ct	0.18mi	3/2.0	1,600 (-3%)	2mo	$307,900	$192	81
213 Emma Harris Cir	0.17mi	3/2.0	1,600 (-3%)	3mo	$299,900	$187	80
176 Fields Pond Dr	0.07mi	3/2.0	1,529 (-8%)	5mo	$235,000	$154	76
105 Shirley Harris Dr	0.51mi	3/2.5	1,632 (-1%)	2mo	$278,900	$171	67
211 Emma Harris Cir	0.18mi	3/2.0	1,457 (-12%)	3mo	$285,900	$196	65
124 Fields Pond Dr	0.21mi	4/2.0 (+1)	1,795 (+8%)	5mo	$289,900	$162	63
105 Copeland Dr	0.18mi	3/2.0	1,444 (-13%)	6mo	$244,400	$169	62
115 Equality Ct	0.20mi	4/2.0 (+1)	1,844 (+11%)	2mo	$342,800	$186	61
166 Hidden River Dr	0.46mi	3/2.5	1,843 (+11%)	5mo	$349,900	$190	49
102 Evergreen Mill Ln	0.50mi	3/2.0	1,885 (+14%)	2mo	$298,900	$159	48

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: -20.5%
• Equity multiple: 0.30×
• Total profit: $-51,168
• Equity at exit: $38,767

10-year hold

• IRR: -18.0%
• Equity multiple: 0.10×
• Total profit: $-65,843
• Equity at exit: $22,480

Cash invested: $72,800 (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 35756

• Home prices YoY: -21.7%
• Rents YoY: 1.1%
• Active inventory: 826
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,933 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$140 /mo · $1,680/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $-85

Break-even live

Break-even rent $2,040

Max offer price $244,968

Occupancy floor 99%

Sensitivity live

Price	-10% $62	-5% $-12	+0% $-85	+5% $-159	+10% $-232
Rent	-10% $-238	-5% $-161	+0% $-85	+5% $-9	+10% $68
Rate	-1.0pp $46	-0.5pp $-19	base $-85	+0.5pp $-152	+1.0pp $-221

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
176 Fields Pond Dr Madison, AL	3.0	2.0	1529	$1,775	$1.16	23d	1	0.09mi
161 Fields Pond Dr Madison, AL	3.0	2.5	1660	$1,700	$1.02	15d	1	0.09mi
209 Emma Harris Cir Triana, AL	4.0	2.0	2043	$2,045	$1.00	15d	1	0.22mi
240 Fields Pond Dr Madison, AL	3.0	2.0	1683	$1,850	$1.10	15d	1	0.26mi
200 Bay Pine Dr Madison, AL	3.0	2.5	1710	$1,899	$1.11	15d	12	0.53mi
214 Alonzo Toney Dr Madison, AL	4.0	2.0	1820	$2,150	$1.18	15d	1	0.74mi
244 Abercorn Dr Madison, AL	4.0	2.0	1820	$1,875	$1.03	45d	1	0.85mi
265 Harold Murphy Dr Madison, AL	4.0	3.0	1635	$2,500	$1.53	45d	1	0.91mi
202 Harold Murphy Dr Madison, AL	3.0	2.0	1731	$2,250	$1.30	45d	1	0.93mi
177 Harold Murphy Dr Madison, AL	3.0	2.0	1738	$1,900	$1.09	45d	1	1.00mi
138 Riverfront Dr Madison, AL	3.0	2.0	1648	$1,800	$1.09	15d	1	1.04mi
122 David Barnes Dr Madison, AL	3.0	2.0	1324	$1,535	$1.16	15d	1	1.05mi
133 Pitts Griffin Dr Madison, AL	3.0	2.0	1370	$1,900	$1.39	15d	1	1.09mi
121 Sorrelweed Dr Madison, AL	4.0	2.0	1890	$1,950	$1.03	45d	1	1.10mi
221 Willie Sanders Dr Triana, AL	4.0	2.5	1851	$2,000	$1.08	15d	1	1.13mi
122 Daymark Dr Madison, AL	3.0	2.0	1484	$1,795	$1.21	45d	1	1.18mi
186 Tybee Dr Madison, AL	3.0	2.0	1595	$1,899	$1.19	15d	1	1.18mi
808 Willow Shoals Dr SW Madison, AL	3.0	2.0	1435	$1,700	$1.18	25d	1	1.21mi
130 Tybee Dr Madison, AL	4.0	2.0	1898	$1,995	$1.05	15d	1	1.24mi
128 Mary Caudle Way Madison, AL	4.0	2.0	1863	$1,950	$1.05	25d	1	1.25mi
109 River Haven Dr Madison, AL	4.0	2.5	1946	$1,995	$1.03	15d	1	1.29mi
106 Mississippi St Madison, AL	3.0	2.0	1911	$1,949	$1.02	15d	1	1.36mi
153 Rosemary Ayers Dr Madison, AL	4.0	2.0	1815	$2,295	$1.26	15d	1	1.38mi
151 Rosemary Ayers Dr Madison, AL	4.0	3.0	2117	$2,200	$1.04	15d	1	1.39mi
711 River Landing Blvd SW Madison, AL	3.0	2.0	1700	$1,800	$1.06	45d	1	1.41mi
115 Rio Grande Way Madison, AL	4.0	2.0	2022	$2,150	$1.06	25d	1	1.44mi

Listing history 6 events

1. 2026-05-04
   status Pending 679-char remark

   Show marketing remark (679 chars)

   Step inside this 3-bedroom, 2-bathroom home, boasting 1,680 sq. ft. of thoughtfully designed living space. Constructed with wood and tile flooring, classic full brick for lasting quality, smooth ceilings throughout, and stunning trey ceiling in the master bedroom—experience comfort and convenience every day. Spacious walk-in closets provide ample storage, while the kitchen shines with stainless steel appliances and elegant raised panel cabinets, making meal prep a joy. Enjoy a full sod lawn and the 2 car garage for easy and access. New roof. With Madison city schools nearby and the vibrant amenities of the Towne Lakes community this home is for you and your family.

2. 2026-04-08
   status Active 679-char remark

   Show marketing remark (679 chars)

   Step inside this 3-bedroom, 2-bathroom home, boasting 1,680 sq. ft. of thoughtfully designed living space. Constructed with wood and tile flooring, classic full brick for lasting quality, smooth ceilings throughout, and stunning trey ceiling in the master bedroom—experience comfort and convenience every day. Spacious walk-in closets provide ample storage, while the kitchen shines with stainless steel appliances and elegant raised panel cabinets, making meal prep a joy. Enjoy a full sod lawn and the 2 car garage for easy and access. New roof. With Madison city schools nearby and the vibrant amenities of the Towne Lakes community this home is for you and your family.

3. 2026-03-01
   status Pending 679-char remark

   Show marketing remark (679 chars)

   Step inside this 3-bedroom, 2-bathroom home, boasting 1,680 sq. ft. of thoughtfully designed living space. Constructed with wood and tile flooring, classic full brick for lasting quality, smooth ceilings throughout, and stunning trey ceiling in the master bedroom—experience comfort and convenience every day. Spacious walk-in closets provide ample storage, while the kitchen shines with stainless steel appliances and elegant raised panel cabinets, making meal prep a joy. Enjoy a full sod lawn and the 2 car garage for easy and access. New roof. With Madison city schools nearby and the vibrant amenities of the Towne Lakes community this home is for you and your family.

4. 2026-02-13
   listed $260,000 Active 679-char remark

   Show marketing remark (679 chars)

   Step inside this 3-bedroom, 2-bathroom home, boasting 1,680 sq. ft. of thoughtfully designed living space. Constructed with wood and tile flooring, classic full brick for lasting quality, smooth ceilings throughout, and stunning trey ceiling in the master bedroom—experience comfort and convenience every day. Spacious walk-in closets provide ample storage, while the kitchen shines with stainless steel appliances and elegant raised panel cabinets, making meal prep a joy. Enjoy a full sod lawn and the 2 car garage for easy and access. New roof. With Madison city schools nearby and the vibrant amenities of the Towne Lakes community this home is for you and your family.

5. 2015-08-31
   soldstatus $121,500 503-char remark

   Show marketing remark (503 chars)

   Looking for a new home? Call today to view this 3 bedroom, 2 bath, full brick home featuring a wood burning fireplace, privacy fence, Madison City Schools and a peaceful county setting. Conveniently located near Redstone Arsenal, shopping, dining, airport and I565. End your home search today and before the hot summer days arrive. Bank of America N.A. associates, household members & business partners are prohibited from purchasing REO properties owned or service by Bank directly or indirectly.

6. 2015-05-19
   listed $129,900 503-char remark

   Show marketing remark (503 chars)

   Looking for a new home? Call today to view this 3 bedroom, 2 bath, full brick home featuring a wood burning fireplace, privacy fence, Madison City Schools and a peaceful county setting. Conveniently located near Redstone Arsenal, shopping, dining, airport and I565. End your home search today and before the hot summer days arrive. Bank of America N.A. associates, household members & business partners are prohibited from purchasing REO properties owned or service by Bank directly or indirectly.

ⓘ 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: $1,680 · $140/mo
• Projected year-2 tax: $1,680 · $140/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 ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,191
• − Mortgage interest: −$14,564
• − Property taxes: −$1,680
• − Insurance: −$1,300
• − Repairs & maintenance: −$1,855
• − Management: −$1,855
• − Depreciation: −$7,564
• Taxable loss: −$5,628
• Est. tax savings @ 24.0%: +$1,351
• After-tax cash flow: $330/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 County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — Triana

• Score: 65/100
• State rank: #125
• US rank: #12792

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Triana, AL
• County: Limestone County · 80,439 people
• Metro: Huntsville, AL
• Population (ZIP): 24,947
• Household income: $129,852
• Rent vs Own: 17.4% rent · 82.6% own
• Severe rent burden: 286.0

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 0.59)
• 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 · 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: ▼ -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

+100.2% since first listed

6 events — show timeline

• 2026-05-04 Pending — VMLS
• 2026-04-08 Relisted — VMLS
• 2026-03-01 Pending — VMLS
• 2026-02-13 Listed $260,000 VMLS
• 2015-08-31 Sold (MLS) $121,500 VMLS
• 2015-05-19 Listed $129,900 VMLS

Property tax history

+9.6%/yr

Latest (2024): $1,680 · +7.2% YoY. Source: county tax records.