187 Alton Lynch Cir · Huntsville, AL 35757

$58,000

3 bd · 2.0 ba · 1,280 sqft · Manufactured · 147 Days on market

Built 2012 Average condition $45/sqft · 56% above area $445/mo HOA · 25% of rent ↓ 17% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.1/5.0
• Schools +3.7/10.0
• Condition / age +2.8/5.0
• Rent growth +2.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 2012 Mobile Home for Sale! This well maintained 3-bedroom, 2 bath home features a covered front porch along with a car port. Seller is not responsible for any moving expenses.

Key facts

• Covered front porch
• Car port
• Parking

Tags

• COVERED FRONT PORCH
• CAR PORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $58k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $566 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $58k).
• Recommended offer: $51k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.0% vs local median 3.8% in Huntsville — 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 82/100 on livability (#3 in AL, #1,082 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Legacy Elementary School (math 27% / reading 62%, grade F, #171 of 627 statewide, top 31%, 631 students, 29% FRL); Monrovia Middle School (math 29% / reading 66%, grade C-, #32 of 257 statewide, top 12%, 1,003 students, 31% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL) — zoned schools at 32% FRL track the district average.
• Market conditions: Rents flat; 203 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $401 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.7% rent growth), your $16k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 147 days — a 12% lower offer ($51k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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

• Watch-outs: HOA is 25% of rent.

Recommended offer $51,040 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 3.08% ✓
• Cap rate: 18.01%
• Cash-on-cash: 41.86%
• DSCR: 2.86
• GRM: 2.7

CMA / ARV

• ARV (median comp): $37,212
• List price: $58,000
• Delta: 55.86%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
166 Alton Lynch Cir	0.23mi	3/2.0	1,280 (0%)	6mo	$36,500	$29	85
6500 Landsmere Ln	0.70mi	2/2.0 (-1)	1,296 (+1%)	20mo	$197,500	$152	44

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 · 0.69% rent growth · sell at horizon

5-year hold

• IRR: 34.9%
• Equity multiple: 2.41×
• Total profit: $22,917
• Equity at exit: $8,648

10-year hold

• IRR: 40.0%
• Equity multiple: 4.18×
• Total profit: $51,720
• Equity at exit: $5,015

Cash invested: $16,240 (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 35757

• Home prices YoY: -10.3%
• Rents YoY: 0.7%
• Active inventory: 203
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $1,788 high
• Mortgage (P&I): −$304
• Tax est. 1.5%: −$72 /mo · $870/yr
• Insurance: −$24
• HOA: −$445
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $566

Break-even live

Break-even rent $1,071

Max offer price $58,000

Occupancy floor 63%

Sensitivity live

Price	-10% $607	-5% $586	+0% $566	+5% $546	+10% $526
Rent	-10% $425	-5% $496	+0% $566	+5% $637	+10% $708
Rate	-1.0pp $596	-0.5pp $581	base $566	+0.5pp $551	+1.0pp $536

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: $14,500
• Closing costs: $1,740
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
177 Sagebrook Dr Madison, AL	3.0	3.0	1826	$1,695	$0.93	45d	1	0.45mi
106 Crab Orchard Dr Madison, AL	4.0	2.0	1675	$1,750	$1.04	45d	1	0.68mi
409 Summer Cove Cir NW Madison, AL	3.0	2.0	1500	$1,795	$1.20	45d	1	0.76mi
1010 Elliston Pl NW Madison, AL	3.0	1.0–2.0	1051	$1,825	$1.74	15d	19	1.00mi
1826 Rushing Wood Dr NW Madison, AL	2.0	2.0	1491	$1,800	$1.21	25d	1	1.00mi
267 Nance Rd Madison, AL	1.0–2.0	1.0–2.0	1049	$1,599	$1.52	15d	30	1.14mi
4095 Lawsons Ridge Dr Madison, AL	1.0–3.0	1.0–2.0	1028	$1,691	$1.64	15d	12	1.21mi
100 Edison Ave NW Madison, AL	1.0–3.0	1.0–2.0	1025	$1,820	$1.77	15d	26	1.22mi
113 Suffolk Dr Madison, AL	3.0	2.0	1453	$1,800	$1.24	45d	1	1.28mi
196 Jeff Rd NW Huntsville, AL	1.0–3.0	1.0–3.5	1200	$1,729	$1.44	15d	21	1.48mi

HOA detail

• Monthly dues: $445 · $5,340/yr

Listing history 6 events

1. 2026-05-31
   days on market $58,000 Active 147 DOM
2. 2026-05-30
   days on market $58,000 Active 146 DOM
3. 2026-01-15
   status Active 184-char remark

   Show marketing remark (184 chars)

   Charming 2012 Mobile Home for Sale! This well maintained 3-bedroom, 2 bath home features a covered front porch along with a car port. Seller is not responsible for any moving expenses.

4. 2025-12-30
   status Pending 184-char remark

   Show marketing remark (184 chars)

   Charming 2012 Mobile Home for Sale! This well maintained 3-bedroom, 2 bath home features a covered front porch along with a car port. Seller is not responsible for any moving expenses.

5. 2025-12-20
   listed $58,000 Active 184-char remark

   Show marketing remark (184 chars)

   Charming 2012 Mobile Home for Sale! This well maintained 3-bedroom, 2 bath home features a covered front porch along with a car port. Seller is not responsible for any moving expenses.

6. 2024-11-29
   listed $69,990 Active

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

Taxation est. · year 1

• Rental income: $21,452
• − Mortgage interest: −$3,249
• − Property taxes: −$870
• − Insurance: −$290
• − Repairs & maintenance: −$1,716
• − Management: −$1,716
• − HOA: −$5,340
• − Depreciation: −$1,687
• Taxable income: $6,584
• Est. tax owed @ 24.0%: −$1,580
• After-tax cash flow: $5,217/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 · 10 photos

Average 55/100 Cosmetic rehab

This 2012 mobile home is in average condition with some cosmetic updates needed to improve its resale and rental value.

Repairs flagged

• Minor Carport roof — The carport roof appears to have some wear and tear.
• Minor Kitchen cabinets — The cabinets are dated and could be replaced or updated.
• Minor Bathroom fixtures — Standard fixtures may need updating for a more modern look.
• Minor Exterior siding — Some discoloration on the siding may be addressed with a fresh coat of paint.
• Minor Carport flooring — The carport flooring could be replaced with a more durable material for better curb appeal.
• Minor Landscaping — Overgrown areas could be trimmed and landscaped to improve curb appeal.

Value-add opportunities

• Both Replace dated kitchen cabinets and countertops — Updating the kitchen will improve both resale and rental value.
• Both Replace dated bathroom fixtures and flooring — Updating the bathrooms will improve both resale and rental value.
• Both Paint exterior siding and trim — Painting the exterior will improve curb appeal and increase both resale and rental value.
• Both Replace worn flooring in living areas — Replacing the flooring will improve the living spaces and increase both resale and rental value.
• Both Landscaping and curb appeal improvements — Landscaping and curb appeal improvements will increase both resale and rental value.
• Both Replace carport roof and flooring — Updating the carport will improve curb appeal and increase both resale and rental value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Carport roof · The carport roof appears to have some wear and tear.	Minor	$500–3,000
Kitchen cabinets · The cabinets are dated and could be replaced or updated.	Minor	$500–3,000
Bathroom fixtures · Standard fixtures may need updating for a more modern look.	Minor	$500–3,000
Exterior siding · Some discoloration on the siding may be addressed with a fresh coat of paint.	Minor	$500–3,000
Carport flooring · The carport flooring could be replaced with a more durable material for better curb appeal.	Minor	$500–3,000
Landscaping · Overgrown areas could be trimmed and landscaped to improve curb appeal.	Minor	$500–3,000
Total estimated repair cost · 6 items		$3,000–18,000

Value-add ROI direction

• Both Replace dated kitchen cabinets and countertops — Updating the kitchen will improve both resale and rental value. ↑
• Both Replace dated bathroom fixtures and flooring — Updating the bathrooms will improve both resale and rental value. ↑
• Both Paint exterior siding and trim — Painting the exterior will improve curb appeal and increase both resale and rental value. ↑
• Both Replace worn flooring in living areas — Replacing the flooring will improve the living spaces and increase both resale and rental value. ↑
• Both Landscaping and curb appeal improvements — Landscaping and curb appeal improvements will increase both resale and rental value. ↑
• Both Replace carport roof and flooring — Updating the carport will improve curb appeal and increase both resale and rental value. ↑

ⓘ 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: Madison County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — Huntsville

• Score: 82/100
• State rank: #3
• US rank: #1082

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Madison County · 380,832 people
• City population: 220,435
• Metro: Huntsville, AL
• Population (ZIP): 18,529
• Household income: $106,175
• Rent vs Own: 27.6% rent · 72.4% own
• Severe rent burden: 242.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 61% Black 26% Two or more races 7% Hispanic / Latino 5% Asian 1%
• Common ancestry: Italian 3% Romanian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.04%
• Current HPI: 269.7329
• Rent YoY: ▲ 0.69%
• Metro: Huntsville, 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

-17.1% since first listed

4 events — show timeline

• 2026-01-15 Relisted — VMLS
• 2025-12-30 Pending — VMLS
• 2025-12-20 Listed $58,000 VMLS
• 2024-11-29 Listed $69,990 SAARMLS