70 Lakeside Dr · Childersburg, AL 35044

$105,000

2 bd · 2.0 ba · 759 sqft · SingleFamily public records · 11 Days on market

Built 1948 Est $100k · at est.

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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 +22.3/30.0
• DSCR +7.1/10.0
• ARV discount +5.3/15.0
• 1% rule +4.8/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Simple home in Childersburg with 2 bedrooms and 2 bathrooms. Nice interior with beautiful living room space and kitchen!

Key facts

• Move-in ready
• Fresh paint
• Low-maintenance

Tags

• CHILDERSBURG NEIGHBORHOOD
• FRESH PAINT
• NEW FLOORING
• MOVE-IN READY
• LOW-MAINTENANCE

Property features AI

Finance

• Other: Parcel ID available

Exterior

• Parking: Driveway parking
• Security: No security features listed
• Utilities: Private water supply; Connected sewer; Electric water heater; Internet service availability unknown
• Home design: Existing property; Concrete/block construction
• Construction: Concrete/block construction; Crawl space foundation
• Exterior features: No waterfront; No pool; No patio, deck, or garden/patio; Flood plain: none reported; No notable lot view

Interior

• Kitchen: Solid surface countertops; Kitchen on the main level
• Bedrooms: Two bedrooms on the main level
• Flooring: Hardwood laminate flooring
• Bathrooms: Two full bathrooms; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; No additional interior features listed
• Laundry & utility: Laundry on the main level in a closet; Electric dryer hookup; Floor drain in laundry area; Attic with pull-down access

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $172 ($2k/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 $103k (2.3% below list).
• Recommended offer: $103k (2.3% below list) — sets the bar for 1% rule.
• Cap rate 8.3% vs local median 3.1% in Childersburg — 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 54/100 on livability (#457 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: crime F, amenities F, commute F.
• Talladega County (rural): math 15% / reading 44% proficiency, ranked #75 of 129 in AL (top 58%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Childersburg Elementary School (math 17% / reading 47%, grade F, #331 of 627 statewide, top 57%, 240 students, 80% FRL); Childersburg High School (math 8% / reading 27%, grade F, #190 of 305 statewide, top 63%, 355 students, 82% FRL) — zoned schools average 81% FRL vs 64% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 99 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 189 units permitted in Talladega County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Talladega County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 6y 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 $86k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $102,556 (2.3% below list)

Questions for the listing agent

1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.98% ✗
• Cap rate: 8.26%
• Cash-on-cash: 7.03%
• DSCR: 1.31
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $100,188
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7 Lakeside Dr	0.15mi	2/1.0	749 (-1%)	2mo	$98,500	$132	85
83 Lakeside Dr	0.07mi	2/1.0	820 (+8%)	16mo	$99,500	$121	66

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.79×
• Total profit: $-6,088
• Equity at exit: $15,656

10-year hold

• IRR: 4.0%
• Equity multiple: 1.29×
• Total profit: $8,663
• Equity at exit: $9,078

Cash invested: $29,400 (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 35044

• Home prices YoY: -17.8%
• Active inventory: 99
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,026 high
• Mortgage (P&I): −$551
• Tax from tax record: −$44 /mo · $524/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$215
• Net cashflow: $172

Break-even live

Break-even rent $808

Max offer price $105,000

Occupancy floor 78%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
70 Lakeside Dr Childersburg, AL	2.0	2.0	759	$925	$1.22	23d	1	0.02mi
14 Lakeside Dr Childersburg, AL	3.0	2.0	1042	$1,200	$1.15	16d	1	0.10mi
101 8th St NE Childersburg, AL	3.0	1.0	1080	$1,000	$0.93	19d	1	0.27mi
77 Alan St Childersburg, AL	2.0	1.0	720	$775	$1.08	11d	1	0.92mi
788 6th Ave SW Childersburg, AL	3.0	2.0	1100	$1,150	$1.05	3d	1	1.41mi

Listing history 10 events

1. 2026-06-19
   days on market $105,000 Active 11 DOM
2. 2026-06-18
   days on market $105,000 Active 10 DOM
3. 2026-06-17
   days on market $105,000 Active 9 DOM
4. 2026-06-16
   days on market $105,000 Active 8 DOM
5. 2026-06-15
   days on market $105,000 Active 7 DOM
6. 2026-06-14
   days on market $105,000 Active 5 DOM
7. 2026-06-13
   days on market $105,000 Active 4 DOM
8. 2026-06-10
   days on market $105,000 Active 2 DOM
9. 2026-06-09
   remarks 484-char remark
10. 2026-06-09
    listed $105,000 Active 1 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: $524 · $44/mo
• Projected year-2 tax: $524 · $44/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $12,307
• − Mortgage interest: −$5,882
• − Property taxes: −$524
• − Insurance: −$525
• − Repairs & maintenance: −$985
• − Management: −$985
• − Depreciation: −$3,055
• Taxable income: $353
• Est. tax owed @ 24.0%: −$85
• After-tax cash flow: $1,981/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: Talladega County
• NCES district ID: 0103180
• Math proficiency: 15% ▼ -24.00%
• Reading proficiency: 44% ▲ 3.00%
• Median HH income: $37,715
• Composite: 24.5/100
• National rank: #7650
• State rank: #75 of 129 in AL

Livability — Childersburg

• Score: 54/100
• State rank: #457
• US rank: #23818

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Childersburg, AL
• City population: 8,225
• Population (ZIP): 8,225

Population outlook (Talladega County) Hauer SSP2

• Today (2025): 78,905 people
• By 2030: 77,160 · -2.2%
• By 2040: 72,937 · -7.6%
• By 2050: 68,279 · -13.5%
• By 2075: 57,884 · -26.6%
• By 2100: 47,220 · -40.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (61%)
• Race & ethnicity: White 61% Black 35% Asian 2% Two or more races 1%
• Common ancestry: Italian 2% Slovak 2% Greek 2%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 2% Korean 1%

Political lean MEDSL · Talladega

• 2024 margin: Solid R (+33.8) · D 32.9% · R 66.6%
• 2008→2024 swing: -15.3pp toward R · 2008: -18.5pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+25.5 2016: R+25.6 2012: R+16.0 2008: R+18.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -34.76%
• Current HPI: 160.56
• Rent YoY: —
• Metro: —
• 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

+22.1% since first listed

10 events — show timeline

• 2026-06-08 Listed $105,000 Greater Alabama MLS
• 2026-05-29 Rental Removed $925 APPFOLIO
• 2026-03-06 Listed for Rent $925 APPFOLIO
• 2026-01-31 Rental Removed $925 RENTLY
• 2025-11-22 Listed for Rent $925 RENTLY
• 2024-09-28 Rental Removed $925 SHOWMOJO
• 2024-09-20 Listed for Rent $925 SHOWMOJO
• 2021-01-19 Sold (Public Records) $86,000 Public Records
• 2020-12-23 Sold (MLS) $86,000 Greater Alabama MLS
• 2020-10-22 Listed $86,000 Greater Alabama MLS

Property tax history

+11.5%/yr

Latest (2025): $524 · +0.0% YoY. Source: county tax records.