102 S Hill · Enterprise, AL 36330

$145,000

3 bd · 1.0 ba · 1,063 sqft · SingleFamily public records · 66 Days on market

Built 1968 0.33 ac lot Est $133k · 9% over

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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 +15.0/30.0
• DSCR +4.6/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• ARV discount +3.4/15.0
• Livability +3.2/5.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

What a cute home 3+1 price ready to sell. Great location, great schools just waiting for you.

Key facts

• Brand new metal roof
• 0.33 acre lot
• Garage

Tags

• ORIGINAL HARDWOOD FLOORS
• NEW BUTCHER BLOCK COUNTERTOPS
• FULLY RENOVATED BATHROOM
• BRAND NEW METAL ROOF
• CENTRAL HEATING AND COOLING
• FULLY FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $46 ($548/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 $118k (18.6% below list).
• Recommended offer: $118k (18.6% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.1% in Enterprise — 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 (#127 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Enterprise City (town): math 40% / reading 60% proficiency, ranked #12 of 129 in AL (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Coppinville School (math 22% / reading 61%, grade F, #53 of 257 statewide, top 20%, 597 students, 54% FRL); Enterprise High School (math 34% / reading 37%, grade F, #45 of 305 statewide, top 14%, 2,117 students, 44% FRL).
• Market conditions: Rents rising (+3.9%/yr); 444 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 137 units permitted in Coffee County in 2024 (0 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 $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% 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 $118,015 (18.6% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 6.67%
• Cash-on-cash: 1.35%
• DSCR: 1.06
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $132,875
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
104 Falcon Dr	0.41mi	3/1.0	1,080 (+2%)	0mo	$135,000	$125	78
109 Byrd St	0.05mi	3/1.0	1,134 (+7%)	11mo	$105,000	$93	77
202 Lakeview Dr	0.33mi	3/1.5	1,125 (+6%)	2mo	$130,000	$116	71
102 Azalea Dr	0.27mi	3/1.0	958 (-10%)	5mo	$141,000	$147	67
104 Wanda Dr	0.39mi	3/1.5	1,050 (-1%)	14mo	$150,000	$143	66
105 Wanda Dr	0.41mi	3/1.0	1,176 (+11%)	14mo	$115,000	$98	51
405 Glenn St	0.62mi	2/1.0 (-1)	1,008 (-5%)	8mo	$127,000	$126	50

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 · 3.92% rent growth · sell at horizon

5-year hold

• IRR: -13.3%
• Equity multiple: 0.52×
• Total profit: $-19,540
• Equity at exit: $21,620

10-year hold

• IRR: -3.2%
• Equity multiple: 0.78×
• Total profit: $-8,879
• Equity at exit: $12,537

Cash invested: $40,600 (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 36330

• Home prices YoY: -19.4%
• Rents YoY: 3.9%
• Active inventory: 444
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,180 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$66 /mo · $790/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $46

Break-even live

Break-even rent $1,122

Max offer price $145,000

Occupancy floor 91%

Sensitivity live

Price	-10% $128	-5% $87	+0% $46	+5% $5	+10% $-36
Rent	-10% $-48	-5% $-1	+0% $46	+5% $92	+10% $139
Rate	-1.0pp $119	-0.5pp $83	base $46	+0.5pp $8	+1.0pp $-30

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
618 N Rawls St Enterprise, AL	3.0	1.0	1140	$975	$0.86	45d	1	0.93mi
202 Mill Ave Enterprise, AL	3.0	1.0	980	$875	$0.89	45d	1	1.22mi
300 E Brunson St Enterprise, AL	2.0	1.0	900	$800	$0.89	45d	1	1.26mi

Listing history 12 events

1. 2024-11-18
   soldstatus $135,000
2. 2024-11-13
   status Pending
3. 2024-10-02
   historical Active Under Contract
4. 2024-09-14
   price $145,000
5. 2024-09-07
   listed $149,900 Active
6. 2024-08-07
   soldstatus $73,000
7. 2024-07-31
   soldstatus $73,000 Sold 93-char remark

   Show marketing remark (93 chars)

   What a cute home 3+1 price ready to sell. Great location, great schools just waiting for you.

8. 2024-07-22
   status Pending 93-char remark

   Show marketing remark (93 chars)

   What a cute home 3+1 price ready to sell. Great location, great schools just waiting for you.

9. 2024-06-28
   listed $119,000 Active 93-char remark

   Show marketing remark (93 chars)

   What a cute home 3+1 price ready to sell. Great location, great schools just waiting for you.

10. 2019-12-30
    listed $76,000
11. 2019-12-30
    listed $76,000
12. 2008-12-23
    listed $79,900

ⓘ 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: $790 · $66/mo
• Projected year-2 tax: $790 · $66/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 8/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,162
• − Mortgage interest: −$8,122
• − Property taxes: −$790
• − Insurance: −$725
• − Repairs & maintenance: −$1,133
• − Management: −$1,133
• − Depreciation: −$4,218
• Taxable loss: −$1,960
• Est. tax savings @ 24.0%: +$470
• After-tax cash flow: $1,018/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: Enterprise City
• NCES district ID: 0101320
• Math proficiency: 40% ▼ -20.00%
• Reading proficiency: 60% ▲ 4.00%
• Median HH income: $51,311
• Composite: 42.83/100
• National rank: #3136
• State rank: #12 of 129 in AL

Livability — Enterprise

• Score: 65/100
• State rank: #127
• US rank: #12953

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enterprise, AL
• County: Coffee County · 39,557 people
• City population: 39,557
• Metro: Enterprise, AL
• Population (ZIP): 39,557
• Household income: $75,765
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 1126.0

Population outlook (Coffee County) Hauer SSP2

• Today (2025): 53,133 people
• By 2030: 53,832 · +1.3%
• By 2040: 54,504 · +2.6%
• By 2050: 54,289 · +2.2%
• By 2075: 51,175 · -3.7%
• By 2100: 46,793 · -11.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 63% Black 17% Hispanic / Latino 13% Two or more races 9% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 3%
• Common ancestry: Italian 3% Lithuanian 2% Serbian 2%
• Foreign-born: 6% · Canada, Vietnam, South Korea
• Languages at home: 89% English-only · Spanish 8% German/W. Germanic 2%

Political lean MEDSL · Coffee

• 2024 margin: Solid R (+57.9) · D 20.7% · R 78.6%
• 2008→2024 swing: -9.0pp toward R · 2008: -48.9pp · 2024: -57.9pp
• All cycles: 2024: R+57.9 2020: R+53.1 2016: R+56.7 2012: R+49.4 2008: R+48.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.44%
• Current HPI: 184.0163
• Rent YoY: ▲ 3.92%
• Metro: Enterprise, 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

+69.0% since first listed

12 events — show timeline

• 2024-11-18 Sold (Public Records) $135,000 Public Records
• 2024-11-13 Pending — SAMLS
• 2024-10-02 Contingent — SAMLS
• 2024-09-14 Price Changed $145,000 SAMLS
• 2024-09-07 Listed $149,900 SAMLS
• 2024-08-07 Sold (Public Records) $73,000 Public Records
• 2024-07-31 Sold (MLS) $73,000 Greater Alabama MLS
• 2024-07-22 Pending — Greater Alabama MLS
• 2024-06-28 Listed $119,000 Greater Alabama MLS
• 2019-12-30 Listed $76,000 MAAR
• 2019-12-30 Listed $76,000 WBR
• 2008-12-23 Listed $79,900 MAAR

Property tax history

+10.3%/yr

Latest (2025): $790 · +120.3% YoY. Source: county tax records.