3703 Cambridge Rd · Montgomery, AL 36111

$67,000

3 bd · 1.0 ba · 1,597 sqft · SingleFamily public records · 595 Days on market

Built 1955 0.32 ac lot $42/sqft · 11% below area Est $75k · 11% under ↓ 27% since listing

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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 +30.0/30.0
• ARV discount +12.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is a wonderful property for your rental portfolio. The bones in this home are good, roof five years old, new duct work just no unit. Take a look and see the room it offers. Easy access to stores and interstate.

Key facts

• New duct work
• 0.32 acre lot
• Parking

Tags

• NEW DUCT WORK
• EASY ACCESS TO STORES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $67k.

Deal economics

• At list price, monthly cash flow is $536 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $67k).
• Recommended offer: $59k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.9% vs local median 6.0% in Montgomery — 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 (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D, crime F.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 110 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $463 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 595 days — a 12% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $25k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% 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 $58,960 (12.0% below list)

Questions for the listing agent

1. It's been on market 595 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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: 1.81% ✓
• Cap rate: 15.89%
• Cash-on-cash: 34.27%
• DSCR: 2.52
• GRM: 4.6

CMA / ARV

• ARV (median comp): $75,076
• List price: $67,000
• Delta: -10.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3710 Berkley Dr	0.30mi	3/2.0	1,543 (-3%)	2mo	$38,500	$25	75
3637 Cloverdale Rd	0.33mi	3/2.0	1,655 (+4%)	3mo	$90,000	$54	72
3622 Audubon Rd	0.38mi	3/2.0	1,659 (+4%)	1mo	$86,000	$52	71
3653 Cloverdale Rd	0.33mi	3/2.0	1,768 (+11%)	3mo	$100,000	$57	60
3908 Princeton Rd	0.46mi	3/1.5	1,453 (-9%)	3mo	$52,500	$36	59
3460 Cloverdale Rd	0.58mi	4/2.0 (+1)	1,562 (-2%)	3mo	$166,900	$107	58
1394 Avalon Ln	0.63mi	3/2.0	1,694 (+6%)	4mo	$116,000	$68	53
1063 Druid Hills Dr	0.67mi	3/3.0	1,550 (-3%)	4mo	$61,000	$39	53
836 Wesley Dr	0.59mi	3/2.0	1,458 (-9%)	3mo	$125,000	$86	51
3926 Princeton Rd	0.50mi	4/2.0 (+1)	1,716 (+8%)	5mo	$160,000	$93	51
641 E Edgemont Ave	0.66mi	4/1.5 (+1)	1,430 (-10%)	2mo	$143,000	$100	43
3469 Wellington Rd	0.68mi	3/2.0	1,782 (+12%)	3mo	$49,900	$28	42

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: 29.7%
• Equity multiple: 2.24×
• Total profit: $23,262
• Equity at exit: $9,990

10-year hold

• IRR: 37.0%
• Equity multiple: 4.42×
• Total profit: $64,173
• Equity at exit: $5,793

Cash invested: $18,760 (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 36111

• Home prices YoY: -6.9%
• Active inventory: 110
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,214 high
• Mortgage (P&I): −$351
• Tax from tax record: −$44 /mo · $531/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $536

Break-even live

Break-even rent $536

Max offer price $67,000

Occupancy floor 51%

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: $16,750
• Closing costs: $2,010
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3735 Bridlewood Dr Montgomery, AL	3.0	1.0	1386	$895	$0.65	43d	1	0.16mi
3737 Wesley Dr Montgomery, AL	3.0	2.0	1050	$1,280	$1.22	43d	1	0.17mi
3701 Wesley Dr Unit 3737 Montgomery, AL	3.0	2.0	1050	$1,280	$1.22	43d	1	0.20mi
3720 Stanley Dr Montgomery, AL	4.0	2.0	1719	$1,650	$0.96	20d	1	0.22mi
3543 Berkley Dr Montgomery, AL	4.0	2.0	2067	$1,575	$0.76	13d	1	0.23mi
3649 Princeton Rd Montgomery, AL	3.0	1.0	1266	$1,200	$0.95	20d	1	0.23mi
3708 Princeton Rd Montgomery, AL	2.0	2.0	1749	$900	$0.51	20d	1	0.24mi
3608 Wilmington Rd Montgomery, AL	3.0	1.0	1160	$950	$0.82	43d	1	0.27mi
3515 Norman Bridge Rd Unit A Montgomery, AL	2.0	1.0	1150	$1,150	$1.00	43d	1	0.36mi
548 Winston Dr Montgomery, AL	2.0	2.5	1396	$1,000	$0.72	43d	1	0.41mi
3445 Le Bron Rd Montgomery, AL	4.0	1.0	1100	$1,050	$0.95	20d	1	0.43mi
3544 Southmont Dr Montgomery, AL	4.0	1.5	1774	$1,300	$0.73	20d	1	0.56mi
1067 Roslyn Dr Montgomery, AL	4.0	2.0	1760	$1,125	$0.64	20d	1	0.62mi
3510 Bankhead Ave Montgomery, AL	3.0	3.0	2210	$2,250	$1.02	43d	1	0.63mi
3386 Lexington Rd Unit B Montgomery, AL	2.0	1.0	1950	$900	$0.46	20d	1	0.69mi
3369 Montezuma Rd Montgomery, AL	3.0	1.0	1281	$1,150	$0.90	43d	1	0.71mi
3357 Lexington Rd Montgomery, AL	2.0	1.0	1200	$1,175	$0.98	13d	1	0.72mi
1114 Druid Hills Dr Montgomery, AL	3.0	1.0	1192	$1,250	$1.05	20d	1	0.75mi
1437 Beaumont Dr Montgomery, AL	4.0	2.0	2029	$1,500	$0.74	43d	1	0.77mi
3356 Audubon Rd Montgomery, AL	2.0	1.5	1340	$950	$0.71	43d	1	0.79mi
3338 S Hull St Montgomery, AL	2.0	2.0	1311	$1,150	$0.88	20d	1	0.83mi
3256 Montezuma Rd Montgomery, AL	3.0	2.0	1515	$1,450	$0.96	43d	1	0.89mi
3235 Norman Bridge Rd Montgomery, AL	3.0	1.0	1873	$900	$0.48	43d	1	0.89mi
4148 Edgar D Nixon Ave Montgomery, AL	4.0	1.0	1208	$1,200	$0.99	43d	1	0.91mi
3304 Gilmer Ave Montgomery, AL	4.0	2.0	2009	$1,400	$0.70	20d	1	0.92mi
3770 Maclamar Rd Montgomery, AL	3.0	1.0	1129	$950	$0.84	20d	1	0.92mi
1434 E Audubon Rd Montgomery, AL	4.0	2.0	2237	$1,475	$0.66	43d	1	0.93mi
4342 Sunshine Dr Montgomery, AL	3.0	2.0	1323	$1,250	$0.94	13d	1	1.01mi
1355 Buckingham Dr Montgomery, AL	4.0	2.0	1620	$1,650	$1.02	13d	1	1.12mi
139 Mount Vernon Dr Unit A Montgomery, AL	4.0	2.5	1700	$1,000	$0.59	43d	1	1.12mi
370 Collinwood Ave Montgomery, AL	3.0	1.0	1080	$1,000	$0.93	20d	1	1.14mi
906 E Fairview Ave Unit 902 Montgomery, AL	2.0	1.0	1100	$995	$0.90	20d	1	1.16mi
105 Arlington Rd Unit B Montgomery, AL	2.0	1.0	1100	$925	$0.84	43d	1	1.22mi
1219 Biscayne Dr Montgomery, AL	4.0	1.5	1228	$1,295	$1.05	20d	1	1.23mi
1919 Norman Bridge Ct Unit 1043838P Montgomery, AL	4.0	3.0	1539	$4,108	$2.67	43d	1	1.27mi
428 Thorn Pl Montgomery, AL	2.0	1.0	1549	$1,450	$0.94	43d	1	1.28mi
3616 Gaston Ave Montgomery, AL	4.0	2.0	1629	$1,300	$0.80	43d	1	1.31mi
519 Thorn Pl Montgomery, AL	2.0	1.0	1632	$650	$0.40	20d	1	1.32mi
2727 Boultier St Montgomery, AL	1.0–3.0	1.0–2.0	1070	$1,582	$1.48	13d	3	1.32mi
3577 Whiting Ave Montgomery, AL	3.0	1.0	1269	$1,150	$0.91	43d	1	1.37mi

Listing history 18 events

1. 2026-06-18
   days on market $67,000 Active 595 DOM
2. 2026-06-17
   days on market $67,000 Active 594 DOM
3. 2026-06-16
   days on market $67,000 Active 593 DOM
4. 2026-06-15
   days on market $67,000 Active 592 DOM
5. 2026-06-14
   days on market $67,000 Active 590 DOM
6. 2026-06-13
   days on market $67,000 Active 589 DOM
7. 2026-06-10
   days on market $67,000 Active 587 DOM
8. 2026-06-09
   days on market $67,000 Active 586 DOM
9. 2026-06-08
   days on market $67,000 Active 585 DOM
10. 2026-06-07
    days on market $67,000 Active 584 DOM
11. 2026-06-03
    days on market $67,000 Active 580 DOM
12. 2026-06-02
    days on market $67,000 Active 579 DOM
13. 2026-06-01
    days on market $67,000 Active 578 DOM
14. 2026-05-31
    days on market $67,000 Active 577 DOM
15. 2026-05-30
    days on market $67,000 Active 576 DOM
16. 2026-02-09
    price $67,000 215-char remark

    Show marketing remark (215 chars)

    This is a wonderful property for your rental portfolio. The bones in this home are good, roof five years old, new duct work just no unit. Take a look and see the room it offers. Easy access to stores and interstate.

17. 2025-05-01
    status Active 215-char remark

    Show marketing remark (215 chars)

    This is a wonderful property for your rental portfolio. The bones in this home are good, roof five years old, new duct work just no unit. Take a look and see the room it offers. Easy access to stores and interstate.

18. 2024-10-29
    listed $92,000 Active 215-char remark

    Show marketing remark (215 chars)

    This is a wonderful property for your rental portfolio. The bones in this home are good, roof five years old, new duct work just no unit. Take a look and see the room it offers. Easy access to stores and interstate.

ⓘ 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: $531 · $44/mo
• Projected year-2 tax: $531 · $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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,571
• − Mortgage interest: −$3,753
• − Property taxes: −$531
• − Insurance: −$335
• − Repairs & maintenance: −$1,166
• − Management: −$1,166
• − Depreciation: −$1,949
• Taxable income: $5,672
• Est. tax owed @ 24.0%: −$1,361
• After-tax cash flow: $5,068/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: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• City population: 175,913
• Population (ZIP): 12,196

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (60%)
• Race & ethnicity: Black 60% White 34% Asian 3% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Slovak 2% Serbian 2% Italian 1%
• Foreign-born: 3% · China, Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Chinese 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -11.63%
• Current HPI: 156.4412
• 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

-27.2% since first listed

3 events — show timeline

• 2026-02-09 Price Changed $67,000 MAAR
• 2025-05-01 Relisted — MAAR
• 2024-10-29 Listed $92,000 MAAR

Property tax history

+7.9%/yr

Latest (2025): $531 · -19.1% YoY. Source: county tax records.