772 Tillman Ave · West End-Cobb Town, AL 36201

$150,000

4 bd · 2.0 ba · 2,876 sqft · SingleFamily public records · 112 Days on market

Built 1970 0.31 ac lot $52/sqft · 25% below area Est $201k · 25% under

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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 +20.6/30.0
• ARV discount +15.0/15.0
• DSCR +6.6/10.0
• 1% rule +4.3/10.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home! This charming home greets you with a welcoming foyer featuring a brick accent wall. The spacious main level offers a large living room, dining room, bright sunroom, and an office that's perfect for working from home. The master bedroom is conveniently located on the main floor, accompanied by a full bathroom that also serves as the laundry area. Upstairs, you’ll find a spacious kitchen with a pantry for extra storage, three additional bedrooms, and another full bathroom. This inside of this home offers plenty of space for family or guests. Outside, enjoy a hot cup of coffee or fresh sweet iced tea and relax on the covered front patio or take advantage of the workshop, ideal for hobbies, storage, or projects. This home is the perfect space for you and your family! Call today and make this house your new home!

Key facts

• Brick accent wall
• Spacious kitchen
• Large living room

Tags

• BRICK ACCENT WALL
• LARGE LIVING ROOM
• BRIGHT SUNROOM
• FULL BATHROOM LAUNDRY AREA
• SPACIOUS KITCHEN
• PANTRY FOR EXTRA STORAGE

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $201 ($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 $140k (6.7% below list).
• Recommended offer: $136k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Calhoun County (rural): math 19% / reading 49% proficiency, ranked #46 of 129 in AL (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 73 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 135 units permitted in Calhoun County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Calhoun County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($136k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% 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 $136,500 (9.0% below list)

Questions for the listing agent

1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1970 — 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. 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.
6. 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.
7. 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: 0.93% ✗
• Cap rate: 7.90%
• Cash-on-cash: 5.75%
• DSCR: 1.26
• GRM: 8.9

CMA / ARV

• ARV (median comp): $200,924
• List price: $150,000
• Delta: -25.34%
• Verdict: UNDERPRICED
• Comps: 7 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.4%
• Equity multiple: 0.73×
• Total profit: $-11,539
• Equity at exit: $22,365

10-year hold

• IRR: 2.1%
• Equity multiple: 1.15×
• Total profit: $6,225
• Equity at exit: $12,969

Cash invested: $42,000 (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 36201

• Active inventory: 73
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,400 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$55 /mo · $666/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $201

Break-even live

Break-even rent $1,145

Max offer price $150,000

Occupancy floor 81%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
61 Carolyn Dr Anniston, AL	3.0	2.0	2480	$1,400	$0.56	43d	1	0.46mi

Listing history 19 events

1. 2026-06-19
   days on market $150,000 Active 112 DOM
2. 2026-06-18
   days on market $150,000 Active 111 DOM
3. 2026-06-17
   price $150,000 Active 110 DOM
4. 2026-06-17
   days on market $159,900 Active 110 DOM
5. 2026-06-16
   days on market $159,900 Active 109 DOM
6. 2026-06-15
   days on market $159,900 Active 108 DOM
7. 2026-06-14
   days on market $159,900 Active 106 DOM
8. 2026-06-13
   days on market $159,900 Active 105 DOM
9. 2026-06-10
   days on market $159,900 Active 103 DOM
10. 2026-06-09
    days on market $159,900 Active 102 DOM
11. 2026-06-08
    days on market $159,900 Active 101 DOM
12. 2026-06-07
    days on market $159,900 Active 100 DOM
13. 2026-06-05
    days on market $159,900 Active 97 DOM
14. 2026-06-03
    days on market $159,900 Active 96 DOM
15. 2026-06-02
    days on market $159,900 Active 95 DOM
16. 2026-06-01
    days on market $159,900 Active 94 DOM
17. 2026-05-31
    days on market $159,900 Active 93 DOM
18. 2026-05-30
    days on market $159,900 Active 92 DOM
19. 2026-02-27
    listed $159,900 Active 851-char remark

    Show marketing remark (851 chars)

    Welcome to your new home! This charming home greets you with a welcoming foyer featuring a brick accent wall. The spacious main level offers a large living room, dining room, bright sunroom, and an office that's perfect for working from home. The master bedroom is conveniently located on the main floor, accompanied by a full bathroom that also serves as the laundry area. Upstairs, you’ll find a spacious kitchen with a pantry for extra storage, three additional bedrooms, and another full bathroom. This inside of this home offers plenty of space for family or guests. Outside, enjoy a hot cup of coffee or fresh sweet iced tea and relax on the covered front patio or take advantage of the workshop, ideal for hobbies, storage, or projects. This home is the perfect space for you and your family! Call today and make this house your new home!

ⓘ 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: $666 · $55/mo
• Projected year-2 tax: $666 · $55/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 20 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,800
• − Mortgage interest: −$8,402
• − Property taxes: −$666
• − Insurance: −$750
• − Repairs & maintenance: −$1,344
• − Management: −$1,344
• − Depreciation: −$4,364
• Taxable loss: −$70
• Est. tax savings @ 24.0%: +$17
• After-tax cash flow: $2,434/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: Calhoun County
• NCES district ID: 0100540
• Math proficiency: 19% ▼ -26.00%
• Reading proficiency: 49% ▬ 0.00%
• Median HH income: $44,891
• Composite: 28.91/100
• National rank: #6635
• State rank: #46 of 129 in AL

Livability — West End-Cobb Town

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: West End-Cobb Town, AL
• City population: 17,406
• Population (ZIP): 17,406

Population outlook (Calhoun County) Hauer SSP2

• Today (2025): 109,765 people
• By 2030: 105,708 · -3.7%
• By 2040: 96,192 · -12.4%
• By 2050: 86,413 · -21.3%
• By 2075: 63,467 · -42.2%
• By 2100: 44,704 · -59.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 47% Black 46% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Slovak 1% Scandinavian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Calhoun

• 2024 margin: Solid R (+44.8) · D 27.2% · R 71.9%
• 2008→2024 swing: -12.2pp toward R · 2008: -32.5pp · 2024: -44.8pp
• All cycles: 2024: R+44.8 2020: R+39.0 2016: R+41.4 2012: R+31.9 2008: R+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -78.92%
• Current HPI: 59.1512
• 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

1 event — show timeline

• 2026-02-27 Listed $159,900 Greater Alabama MLS

Property tax history

+5.0%/yr

Latest (2025): $666 · +0.0% YoY. Source: county tax records.