611 Co Rd 1568 · Fairview, AL 35058

$124,900

2 bd · 2.0 ba · 1,400 sqft · SingleFamily · 46 Days on market

Built 1975 Fair condition 6.00 ac lot $89/sqft · 47% below area Est $236k · 47% under ↓ 6% since listing

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Why this score? — see what drove the C+ 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 +23.7/30.0
• ARV discount +15.0/15.0
• DSCR +7.6/10.0
• 1% rule +6.2/10.0
• Livability +3.0/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Wooded 6-Acre Gem – Utilities Ready! Surround yourself with nature on this 6-acre wooded parcel! Perfect for a DIY enthusiast or investor, this property features an existing home ready for a total transformation. With septic and utilities already installed and you can start with a clean slate as the interior has been cleared and is ready for work. The large pad behind the house is ideal for a future shop or oversized garage. Partially cleared for a balance of open space and mature timber, the home is being sold as-is. Don't miss this chance to build equity in a tranquil, private setting!

Key facts

• Large pad
• Existing home
• Septic and utilities

Tags

• 6 ACRE WOODED PARCEL
• EXISTING HOME
• SEPTIC AND UTILITIES
• LARGE PAD
• PARTIALLY CLEARED
• TRANQUIL PRIVATE SETTING

Property features AI

Exterior

• Utilities: Septic tank
• Home design: Single family residence; Residential property
• Construction: 1,400 above-grade finished area
• Exterior features: 6-acre lot

Interior

• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 2 full bathrooms
• Interior features: Crawl space basement

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $125k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $237 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 60/100 on livability (#279 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing B+; Watch: crime C-, amenities F, commute F.
• Cullman County (rural): math 19% / reading 49% proficiency, ranked #49 of 129 in AL (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Fairview Elementary School (math 16% / reading 54%, grade F, #291 of 627 statewide, top 47%, 614 students, 66% FRL); Fairview Middle School (math 12% / reading 53%, grade F, #105 of 257 statewide, top 42%, 305 students, 64% FRL); Fairview High School (math 37% / reading 22%, grade F, #70 of 305 statewide, top 27%, 501 students, 61% FRL).
• Market conditions: 137 active listings in the ZIP; 180 units permitted in Cullman County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.

Recommended offer $121,153 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.12% ✓
• Cap rate: 8.57%
• Cash-on-cash: 8.15%
• DSCR: 1.36
• GRM: 7.5

CMA / ARV

• ARV (median comp): $236,222
• List price: $124,900
• Delta: -47.13%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1425 County Road 1564	0.69mi	3/2.5 (+1)	1,498 (+7%)	8mo	$243,000	$162	43

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: -3.9%
• Equity multiple: 0.85×
• Total profit: $-5,096
• Equity at exit: $18,623

10-year hold

• IRR: 5.8%
• Equity multiple: 1.43×
• Total profit: $15,119
• Equity at exit: $10,799

Cash invested: $34,972 (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 35058

• Home prices YoY: -17.5%
• Active inventory: 137
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,393 medium
• Mortgage (P&I): −$655
• Tax est. 1.5%: −$156 /mo · $1,874/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$293
• Net cashflow: $237

Break-even live

Break-even rent $1,093

Max offer price $124,900

Occupancy floor 78%

Sensitivity live

Price	-10% $324	-5% $281	+0% $237	+5% $194	+10% $151
Rent	-10% $127	-5% $182	+0% $237	+5% $292	+10% $347
Rate	-1.0pp $300	-0.5pp $269	base $237	+0.5pp $205	+1.0pp $172

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $124,900 Active 46 DOM
2. 2026-06-19
   days on market $124,900 Active 44 DOM
3. 2026-06-18
   days on market $124,900 Active 43 DOM
4. 2026-06-17
   days on market $124,900 Active 42 DOM
5. 2026-06-16
   days on market $124,900 Active 41 DOM
6. 2026-06-15
   days on market $124,900 Active 40 DOM
7. 2026-06-14
   days on market $124,900 Active 38 DOM
8. 2026-06-12
   days on market $124,900 Active 37 DOM
9. 2026-06-09
   days on market $124,900 Active 34 DOM
10. 2026-06-08
    days on market $124,900 Active 33 DOM
11. 2026-06-07
    days on market $124,900 Active 32 DOM
12. 2026-06-05
    days on market $124,900 Active 29 DOM
13. 2026-06-03
    days on market $124,900 Active 28 DOM
14. 2026-06-02
    days on market $124,900 Active 27 DOM
15. 2026-06-01
    days on market $124,900 Active 26 DOM
16. 2026-05-31
    days on market $124,900 Active 25 DOM
17. 2026-05-30
    days on market $124,900 Active 24 DOM
18. 2026-05-06
    listed $133,000 Active 600-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,718
• − Mortgage interest: −$6,996
• − Property taxes: −$1,874
• − Insurance: −$624
• − Repairs & maintenance: −$1,337
• − Management: −$1,337
• − Depreciation: −$3,633
• Taxable income: $915
• Est. tax owed @ 24.0%: −$220
• After-tax cash flow: $2,629/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.

Condition & rehab AI · 13 photos

Fair 45/100 Extensive rehab

This property offers a blank slate for a total renovation, with potential for significant value increase through kitchen and bathroom updates, exterior improvements, and HVAC/electrical upgrades.

Repairs flagged

• Major kitchen cabinets — existing cabinets are worn and need replacement
• Major bathroom fixtures — existing fixtures need updating
• Moderate exterior siding — existing siding is weathered and may need repainting or replacement
• Minor interior walls — existing walls appear bare and could benefit from painting

Value-add opportunities

• Both Kitchen renovation — A new kitchen will significantly increase the home's appeal and value
• Both Bathroom renovation — A new bathroom will enhance the home's appeal and value
• Both Exterior painting — A fresh coat of paint will improve curb appeal and value
• Both HVAC upgrade — A new HVAC system will improve comfort and energy efficiency
• Both Electrical upgrade — Upgrading the electrical system will improve safety and functionality

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · existing cabinets are worn and need replacement	Major	$15,000–50,000
bathroom fixtures · existing fixtures need updating	Major	$15,000–50,000
exterior siding · existing siding is weathered and may need repainting or replacement	Moderate	$3,000–15,000
interior walls · existing walls appear bare and could benefit from painting	Minor	$500–3,000
Total estimated repair cost · 4 items		$33,500–118,000

Value-add ROI direction

• Both Kitchen renovation — A new kitchen will significantly increase the home's appeal and value ↑
• Both Bathroom renovation — A new bathroom will enhance the home's appeal and value ↑
• Both Exterior painting — A fresh coat of paint will improve curb appeal and value ↑
• Both HVAC upgrade — A new HVAC system will improve comfort and energy efficiency ↑
• Both Electrical upgrade — Upgrading the electrical system will improve safety and functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Cullman County
• NCES district ID: 0101020
• Math proficiency: 19% ▼ -35.00%
• Reading proficiency: 49% ▲ 1.00%
• Median HH income: $39,449
• Composite: 28.39/100
• National rank: #6767
• State rank: #49 of 129 in AL

Livability — Fairview

• Score: 60/100
• State rank: #279
• US rank: #18480

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Cullman County · 47,767 people
• Metro: Cullman, AL
• Population (ZIP): 11,545
• Household income: $62,146
• Rent vs Own: 25.6% rent · 74.4% own
• Severe rent burden: 87.0

Population outlook (Cullman County) Hauer SSP2

• Today (2025): 84,522 people
• By 2030: 85,402 · +1.0%
• By 2040: 86,152 · +1.9%
• By 2050: 85,202 · +0.8%
• By 2075: 79,679 · -5.7%
• By 2100: 66,943 · -20.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 10% Two or more races 4% Asian 4% Native American 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 4% Serbian 1% Lithuanian 1%
• Foreign-born: 6% · Canada
• Languages at home: 89% English-only · Spanish 9% Tagalog/Filipino 1% Vietnamese 1%

Political lean MEDSL · Cullman

• 2024 margin: Solid R (+80.5) · D 9.4% · R 89.9%
• 2008→2024 swing: -15.3pp toward R · 2008: -65.2pp · 2024: -80.5pp
• All cycles: 2024: R+80.5 2020: R+77.4 2016: R+77.8 2012: R+69.5 2008: R+65.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.88%
• Current HPI: 254.3583
• Rent YoY: —
• Metro: Cullman, 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

-6.1% since first listed

2 events — show timeline

• 2026-05-26 Price Changed $124,900 SAARMLS
• 2026-05-06 Listed $133,000 SAARMLS