11507 Jade Ln · Huntsville, AL 35803

$188,800

2 bd · 0.5 ba · 1,400 sqft · Townhouse public records · 16 Days on market

Built 1982 Est $200k · 6% under $8/mo HOA · 1% 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).

• Cash flow +14.1/30.0
• ARV discount +10.1/15.0
• DSCR +4.3/10.0
• Livability +4.1/5.0
• Rent growth +3.4/5.0
• 1% rule +2.9/10.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attractively priced town home in SE Huntsville. Has 2 bedrooms, master with walk-in closet. Bath has separate dressing area with a vanity. Kitchen is eat-in. Private patio in rear between 2 car parking area.

Key facts

• Laminate flooring
• Living room
• Dining area

Tags

• LAMINATE FLOORING
• LIVING ROOM
• DINING AREA
• MINUTES AWAY FROM WALMART
• MINUTES AWAY FROM DITTO MARINA

Property features AI

Finance

• Other: Living area approximately 1,275 square feet; Located in Huntsville, AL (directions available from 231 South: L on Kohler Rd SE, R on Jade Ln SE, home is on the left)
• HOA & community: Homeowners association with an annual fee of $100; Subdivision: Elm Tree Trace Townhomes

Exterior

• Parking: Concrete driveway
• Utilities: Public sewer
• Home design: Townhouse; Two levels; Built in 1982
• Construction: Vinyl siding; Slab foundation
• Exterior features: Public water

Interior

• Kitchen: Range; Dishwasher; Refrigerator
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Five total rooms
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/0.5-bath townhouse listed at $189k.

Deal economics

• At list price, monthly cash flow is $29 ($344/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 $149k (21.3% below list).
• Recommended offer: $149k (21.3% below list) — sets the bar for 1% rule.
• Cap rate 6.5% 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.
• Zoned schools: Mountain Gap Elementary School (math 27% / reading 62%, grade F, #171 of 627 statewide, top 31%, 324 students, 40% FRL); Mountain Gap Middle School (math 27% / reading 63%, grade D, #38 of 257 statewide, top 14%, 419 students, 44% FRL); Virgil Grissom High School (math 34% / reading 40%, grade F, #39 of 305 statewide, top 13%, 1,974 students, 43% FRL) — zoned schools at 42% FRL track the district average.
• Market conditions: Rents rising (+3.7%/yr); 283 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 ($101k/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 $1k of loan paydown is wiped out by about $6k 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 16 days — a 2% lower offer ($186k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y 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 $160k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $148,627 (21.3% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
5. 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.
6. 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.
7. 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: 0.79% ✗
• Cap rate: 6.48%
• Cash-on-cash: 0.65%
• DSCR: 1.03
• GRM: 10.6

CMA / ARV

• ARV (on-the-fly): $200,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11562 Jade Ln SE	0.04mi	2/2.5	1,350 (-4%)	3mo	$198,500	$147	82
11502 Jade Ln SE	0.03mi	2/1.5	1,275 (-9%)	1mo	$196,700	$154	79
11521 Jade Ln SE	0.09mi	2/1.5	1,300 (-7%)	17mo	$170,000	$131	66
11568 Jade Ln SE	0.07mi	2/2.5	1,300 (-7%)	16mo	$180,000	$138	64
11112 Memorial Parkway South Unit N3	0.29mi	2/2.5	1,298 (-7%)	4mo	$179,000	$138	63
11112 Memorial Parkway South SW Unit P1	0.29mi	2/2.5	1,278 (-9%)	3mo	$190,000	$149	62
2028 English Dr SW #3	0.20mi	2/3.0	1,248 (-11%)	9mo	$178,000	$143	55
11112 Memorial Parkway South Unit M2	0.26mi	2/2.5	1,278 (-9%)	13mo	$165,000	$129	55
11112 Memorial Parkway South Unit N1	0.25mi	2/2.5	1,267 (-10%)	18mo	$167,000	$132	49
11112 Memorial Pkwy S Unit K3	0.29mi	2/2.5	1,208 (-14%)	19mo	$135,000	$112	40
11112 S Memorial Parkway South Unit 5L	0.62mi	2/2.5	1,242 (-11%)	8mo	$189,000	$152	38
11112 SE Memorial Parkway South Unit I- 4	0.62mi	2/2.5	1,254 (-10%)	12mo	$190,000	$152	35

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 · 3.72% rent growth · sell at horizon

5-year hold

• IRR: -14.6%
• Equity multiple: 0.47×
• Total profit: $-27,757
• Equity at exit: $28,151

10-year hold

• IRR: -5.0%
• Equity multiple: 0.67×
• Total profit: $-17,607
• Equity at exit: $16,324

Cash invested: $52,864 (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 35803

• Home prices YoY: -22.9%
• Rents YoY: 3.7%
• Active inventory: 283
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,486 high
• Mortgage (P&I): −$990
• Tax from tax record: −$69 /mo · $824/yr
• Insurance: −$79
• HOA: −$8
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $29

Break-even live

Break-even rent $1,450

Max offer price $188,800

Occupancy floor 93%

Sensitivity live

Price	-10% $136	-5% $82	+0% $29	+5% $-25	+10% $-78
Rent	-10% $-89	-5% $-30	+0% $29	+5% $87	+10% $146
Rate	-1.0pp $124	-0.5pp $77	base $29	+0.5pp $-20	+1.0pp $-70

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: $47,200
• Closing costs: $5,664
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11112 Memorial Pkwy SW Huntsville, AL	2.0	2.5–3.0	1224	$1,300	$1.06	45d	2	0.29mi
11112 Memorial Pkwy SW #1 Huntsville, AL	2.0	2.5	1250	$1,600	$1.28	25d	1	0.29mi
12107 Greenleaf Dr SE Huntsville, AL	3.0	2.0	1600	$1,500	$0.94	15d	1	0.35mi
2108 English Dr SW Huntsville, AL	3.0	1.5	1200	$1,295	$1.08	25d	1	0.37mi
11406 Crestfield Dr SE Huntsville, AL	3.0	1.5	1809	$1,750	$0.97	25d	1	0.46mi
11575 Memorial Pkwy SE Huntsville, AL	1.0–3.0	1.0–2.0	949	$999	$1.05	15d	6	0.59mi
10311 Parliament Dr SW Huntsville, AL	3.0	2.0	1483	$1,790	$1.21	25d	1	0.62mi
11209 Maplecrest Dr SE Huntsville, AL	3.0	2.0	1530	$1,700	$1.11	15d	1	0.69mi
1935 Meadowbrook Dr SW Huntsville, AL	1.0–2.0	1.0–2.0	850	$1,129	$1.33	15d	9	0.69mi
11021 Strong Dr SE Huntsville, AL	3.0	1.5	1549	$1,650	$1.07	25d	1	0.89mi
12340 Chicamauga Trl SE Unit C Huntsville, AL	2.0	1.5	1024	$1,100	$1.07	45d	1	1.00mi
617 Wellingburg Rd SE Huntsville, AL	3.0	2.0	1650	$1,998	$1.21	25d	1	1.05mi
100 Memorial Village Dr Huntsville, AL	1.0–3.0	1.0–2.0	973	$1,812	$1.86	15d	20	1.15mi
912 Mountain Gap Rd SE Huntsville, AL	3.0	2.0	1500	$1,700	$1.13	45d	1	1.20mi
2712 Wynterhall Rd SE Huntsville, AL	3.0	2.5	1620	$1,600	$0.99	45d	1	1.24mi
10007 Camille Dr SE Huntsville, AL	3.0	2.5	1702	$1,781	$1.05	25d	1	1.24mi
2606 Wynterhall Rd SE Unit C Huntsville, AL	2.0	2.0	1300	$995	$0.77	45d	1	1.29mi
2609 Wynterhall Rd SE Unit D Huntsville, AL	2.0	2.0	1000	$1,000	$1.00	15d	1	1.31mi
850 Haysland Rd SW Huntsville, AL	1.0–3.0	1.0–2.0	1187	$1,840	$1.55	15d	21	1.36mi
2710 Lantern Walk SE Apt B Huntsville, AL	2.0	2.0	905	$895	$0.99	15d	1	1.41mi
2700 Lantern Walk SE Apt A Huntsville, AL	2.0	2.0	1000	$1,200	$1.20	45d	1	1.46mi
12104 Carriage Ct SE Unit A Huntsville, AL	2.0	2.0	900	$895	$0.99	15d	1	1.48mi

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 12 events

1. 2026-06-22
   days on market $188,800 Active 16 DOM
2. 2026-06-18
   days on market $188,800 Active 13 DOM
3. 2026-06-18
   price $188,800 Active 12 DOM
4. 2026-06-17
   days on market $195,000 Active 12 DOM
5. 2026-06-16
   days on market $195,000 Active 11 DOM
6. 2026-06-15
   days on market $195,000 Active 10 DOM
7. 2026-06-14
   days on market $195,000 Active 8 DOM
8. 2026-06-10
   days on market $195,000 Active 5 DOM
9. 2026-06-09
   days on market $195,000 Active 4 DOM
10. 2026-06-08
    days on market $195,000 Active 3 DOM
11. 2026-06-07
    remarks 316-char remark
12. 2026-06-07
    listed $195,000 Active 2 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: $824 · $69/mo
• Projected year-2 tax: $824 · $69/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 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,835
• − Mortgage interest: −$10,576
• − Property taxes: −$824
• − Insurance: −$944
• − Repairs & maintenance: −$1,427
• − Management: −$1,427
• − HOA: −$96
• − Depreciation: −$5,492
• Taxable loss: −$2,951
• Est. tax savings @ 24.0%: +$708
• After-tax cash flow: $1,053/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): 29,197
• Household income: $100,846
• Rent vs Own: 16.6% rent · 83.4% own
• Severe rent burden: 411.0

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: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 7% Two or more races 7% Black 4% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 6% · Canada, China, South Korea
• Languages at home: 92% English-only · Spanish 3% Chinese 2% German/W. Germanic 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: ▼ -110.53%
• Current HPI: 372.1842
• Rent YoY: ▲ 3.72%
• 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

+457.1% since first listed

7 events — show timeline

• 2026-06-05 Listed $195,000 VMLS
• 2022-07-21 Sold (Public Records) $160,000 Public Records
• 2022-05-05 Listed $139,900 VMLS
• 2013-08-19 Sold (Public Records) $57,000 Public Records
• 2013-08-16 Sold (MLS) $57,000 VMLS
• 2013-04-02 Listed $62,900 VMLS
• 2013-02-28 Sold (Public Records) $35,000 Public Records

Property tax history

-2.6%/yr

Latest (2024): $824 · +3.0% YoY. Source: county tax records.