100 Harwood Pl · Enterprise, AL 36330

$199,000

4 bd · 1.0 ba · 2,314 sqft · SingleFamily public records · 75 Days on market

Built 1971 0.47 ac lot Est $299k · 33% under

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Why this score? — see what drove the B 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 +26.7/30.0
• ARV discount +15.0/15.0
• DSCR +9.2/10.0
• 1% rule +6.0/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

Key facts

• Laundry room
• Storage building
• Dining room

Tags

• SEPARATE LIVING AREAS
• DINING ROOM
• LAUNDRY ROOM
• FENCED IN YARD
• STORAGE BUILDING
• CORNER LOT

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $539 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $187k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.5% vs local median 4.2% 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: Holly Hill Elementary School (math 50% / reading 70%, grade B-, #61 of 627 statewide, top 10%, 708 students, 44% FRL); Dauphin Junior High School (math 42% / reading 68%, grade B-, #17 of 257 statewide, top 7%, 500 students, 39% FRL); Enterprise High School (math 34% / reading 37%, grade F, #45 of 305 statewide, top 14%, 2,117 students, 44% FRL) — zoned schools at 42% FRL track the district average.
• Market conditions: Rents rising (+3.9%/yr); 441 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 137 units permitted in Coffee County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• At projected returns (-3.0% appreciation + 3.9% rent growth), your $56k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask has dropped $41k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% 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 $187,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — 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. 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: 1.10% ✓
• Cap rate: 9.54%
• Cash-on-cash: 11.60%
• DSCR: 1.52
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $298,506
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
203 Colonial Dr	0.08mi	4/3.0	2,392 (+3%)	4mo	$252,900	$106	79
503 Northside Dr	0.07mi	3/4.0 (-1)	2,245 (-3%)	4mo	$295,000	$131	71
802 Northside Dr	0.40mi	3/2.0 (-1)	2,387 (+3%)	3mo	$260,000	$109	65
304 W Kingswood Dr	0.56mi	4/2.0	2,359 (+2%)	2mo	$369,000	$156	65
101 Valley Stream Dr	0.68mi	4/2.0	2,290 (-1%)	5mo	$349,900	$153	58
202 Pawnee Dr	0.61mi	3/2.0 (-1)	2,281 (-1%)	4mo	$294,000	$129	57
202 Wentworth Dr	0.61mi	3/2.0 (-1)	2,212 (-4%)	1mo	$337,000	$152	54
212 Timberlake Dr	0.46mi	3/2.5 (-1)	2,177 (-6%)	6mo	$255,000	$117	52
200 Brookshire Dr	0.63mi	3/2.5 (-1)	2,224 (-4%)	1mo	$272,500	$123	52
100 Ridgefield Pl	0.30mi	3/2.0 (-1)	1,999 (-14%)	3mo	$144,000	$72	52
116 Magnolia Cir	0.67mi	4/3.5	2,378 (+3%)	4mo	$299,500	$126	51
321 W Kingswood Dr	0.65mi	3/2.0 (-1)	2,084 (-10%)	4mo	$314,900	$151	41

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: 1.9%
• Equity multiple: 1.07×
• Total profit: $4,028
• Equity at exit: $29,672

10-year hold

• IRR: 12.2%
• Equity multiple: 2.00×
• Total profit: $55,910
• Equity at exit: $17,206

Cash invested: $55,720 (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: 441
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,189 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$64 /mo · $767/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$460
• Net cashflow: $539

Break-even live

Break-even rent $1,507

Max offer price $199,000

Occupancy floor 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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
310 Wimbledon Dr Enterprise, AL	5.0	3.0	2400	$2,350	$0.98	43d	1	0.46mi
108 Avalon Ln Enterprise, AL	3.0	2.0	1634	$1,725	$1.06	43d	1	0.97mi

Listing history 14 events

1. 2026-05-01
   soldstatus $190,000 Closed 440-char remark

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

2. 2025-07-28
   status Pending

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

3. 2025-07-28
   historical Active Under Contract 440-char remark

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

4. 2025-06-13
   price $199,000

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

5. 2025-06-13
   price $199,000 440-char remark

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

6. 2025-06-04
   price $219,900

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

7. 2025-06-04
   price $219,900 440-char remark

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

8. 2025-05-14
   listed $240,000 Active
9. 2025-05-02
   listed $240,000 Active 440-char remark

   Show marketing remark (440 chars)

   Well maintained 4 bedrooms, 2 baths, with 2 separate spacious living areas. Also includes dining room, laundry room, fenced in yard with separate storage building. All this is on a large corner lot! There is a beautiful stone fireplace with built in bookcases. This home is located in a well established neighborhood inside the city limits of Enterprise. Recently added 8" bug repellent insulation. Call today to schedule your showing.

10. 2021-12-22
    soldstatus $161,000
11. 2021-12-17
    soldstatus $161,000 288-char remark

    Show marketing remark (288 chars)

    4 bedrooms, 2 baths, 2 separate spacious living areas, dining room, laundry room, fenced in yard with separate storage building all on a large corner lot! Beautiful stone fireplace with built in bookcases. This house is the perfect family home being located close to schools and shopping!

12. 2021-12-17
    soldstatus $161,000 288-char remark

    Show marketing remark (288 chars)

    4 bedrooms, 2 baths, 2 separate spacious living areas, dining room, laundry room, fenced in yard with separate storage building all on a large corner lot! Beautiful stone fireplace with built in bookcases. This house is the perfect family home being located close to schools and shopping!

13. 2021-06-17
    listed $162,900 288-char remark

    Show marketing remark (288 chars)

    4 bedrooms, 2 baths, 2 separate spacious living areas, dining room, laundry room, fenced in yard with separate storage building all on a large corner lot! Beautiful stone fireplace with built in bookcases. This house is the perfect family home being located close to schools and shopping!

14. 2021-06-17
    listed $162,900 288-char remark

    Show marketing remark (288 chars)

    4 bedrooms, 2 baths, 2 separate spacious living areas, dining room, laundry room, fenced in yard with separate storage building all on a large corner lot! Beautiful stone fireplace with built in bookcases. This house is the perfect family home being located close to schools and shopping!

ⓘ 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: $767 · $64/mo
• Projected year-2 tax: $816 · $68/mo
• Expected delta: +$49/yr (+$4/mo · 6.4%)

ⓘ 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 · 20 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: $26,265
• − Mortgage interest: −$11,147
• − Property taxes: −$767
• − Insurance: −$995
• − Repairs & maintenance: −$2,101
• − Management: −$2,101
• − Depreciation: −$5,789
• Taxable income: $3,365
• Est. tax owed @ 24.0%: −$807
• After-tax cash flow: $5,657/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

+16.6% since first listed

14 events — show timeline

• 2026-05-01 Sold (MLS) $190,000 WBR
• 2025-07-28 Pending — SAMLS
• 2025-07-28 Contingent — WBR
• 2025-06-13 Price Changed $199,000 SAMLS
• 2025-06-13 Price Changed $199,000 WBR
• 2025-06-04 Price Changed $219,900 SAMLS
• 2025-06-04 Price Changed $219,900 WBR
• 2025-05-14 Listed $240,000 SAMLS
• 2025-05-02 Listed $240,000 WBR
• 2021-12-22 Sold (Public Records) $161,000 Public Records
• 2021-12-17 Sold (MLS) $161,000 WBR
• 2021-12-17 Sold (MLS) $161,000 MAAR
• 2021-06-17 Listed $162,900 WBR
• 2021-06-17 Listed $162,900 MAAR

Property tax history

+3.3%/yr

Latest (2025): $767 · +6.5% YoY. Source: county tax records.