132 Joya Brook Way · Harvest, AL 35773

$251,000

3 bd · 2.0 ba · 1,425 sqft · SingleFamily · 152 Days on market

Built 2024 7,200 sqft lot $176/sqft · at area comps Est $258k · at est. $13/mo HOA · 1% of rent ↓ 5% since listing

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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).

• Appreciation +10.0/10.0
• ARV discount +8.7/15.0
• Cash flow +6.7/30.0
• Schools +3.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +0.9/10.0

Listing remarks MLS

Full brick, one level home with 3BR and 2 full baths with a large open living space ready to entertain friends and family.

Key facts

• Full brick
• 7,200 sq ft lot
• 2 garage spots

Tags

• FULL BRICK
• LARGE OPEN LIVING SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $251k.

Deal economics

• At list price, monthly cash flow is $-403 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $193k (23.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (32.2% below list).
• Recommended offer: $170k (32.2% below list) — sets the bar for 1% rule.
• Cap rate 4.4% vs local median 3.5% in Harvest — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 72/100 on livability (#27 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety 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: Madison Cross Roads Elementary School (math 14% / reading 48%, grade F, #360 of 627 statewide, top 58%, 1,035 students, 59% FRL); Sparkman Middle School (math 18% / reading 53%, grade F, #81 of 257 statewide, top 33%, 859 students, 60% FRL); Sparkman High School (math 28% / reading 37%, grade F, #58 of 305 statewide, top 19%, 1,738 students, 37% FRL) — zoned schools average 52% FRL vs 29% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 326 active listings in the ZIP; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $27k of equity ($2k loan paydown + $25k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 152 days — a 12% lower offer ($221k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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.

Recommended offer $170,233 (32.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 152 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 0.68% ✗
• Cap rate: 4.37%
• Cash-on-cash: -6.88%
• DSCR: 0.69
• GRM: 12.3

CMA / ARV

• ARV (median comp): $257,996
• List price: $251,000
• Delta: -2.71%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 Coral Bells Rd	0.18mi	3/2.0	1,420 (-0%)	4mo	$220,000	$155	88
223 Faded Rose Ln	0.15mi	3/2.0	1,425 (0%)	10mo	$254,060	$178	85
169 Point Cadet Ave	0.13mi	3/2.0	1,420 (-0%)	10mo	$242,500	$171	85
219 Faded Rose Ln	0.18mi	3/2.0	1,420 (-0%)	10mo	$225,610	$159	83
220 Faded Rose Ln	0.17mi	3/2.0	1,480 (+4%)	10mo	$260,580	$176	78
238 Faded Rose Ln	0.12mi	4/2.0 (+1)	1,496 (+5%)	5mo	$235,900	$158	77
239 Delta Dawn Ave	0.14mi	4/2.0 (+1)	1,496 (+5%)	4mo	$227,853	$152	77
229 Faded Rose Ln	0.14mi	4/2.0 (+1)	1,496 (+5%)	10mo	$229,900	$154	72
213 Purple Martin Dr	0.59mi	3/2.0	1,416 (-1%)	1mo	$241,888	$171	71
131 Point Cadet Ave	0.07mi	4/2.0 (+1)	1,559 (+9%)	10mo	$255,850	$164	67
237 Faded Rose Ln	0.12mi	4/2.0 (+1)	1,559 (+9%)	9mo	$245,630	$158	66
173 Point Cadet Ave	0.13mi	4/2.0 (+1)	1,613 (+13%)	10mo	$242,890	$151	59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.4%
• Equity multiple: 2.58×
• Total profit: $111,083
• Equity at exit: $226,121

10-year hold

• IRR: 17.9%
• Equity multiple: 5.94×
• Total profit: $347,360
• Equity at exit: $487,638

Cash invested: $70,280 (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 35773

• Home prices YoY: 28.8%
• Active inventory: 326
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $1,702 medium
• Mortgage (P&I): −$1,316
• Tax est. 1.5%: −$314 /mo · $3,765/yr
• Insurance: −$105
• HOA: −$13
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $-403

Break-even live

Break-even rent $2,212

Max offer price $192,719

Occupancy floor —

Sensitivity live

Price	-10% $-229	-5% $-316	+0% $-403	+5% $-489	+10% $-576
Rent	-10% $-537	-5% $-470	+0% $-403	+5% $-336	+10% $-268
Rate	-1.0pp $-276	-0.5pp $-339	base $-403	+0.5pp $-468	+1.0pp $-534

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: $62,750
• Closing costs: $7,530
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $13 · $156/yr

Listing history 24 events

1. 2026-06-14
   days on market $251,000 Active 152 DOM
2. 2026-06-10
   days on market $251,000 Active 149 DOM
3. 2026-06-09
   days on market $251,000 Active 148 DOM
4. 2026-06-08
   days on market $251,000 Active 147 DOM
5. 2026-06-07
   days on market $251,000 Active 146 DOM
6. 2026-06-02
   days on market $251,000 Active 141 DOM
7. 2026-06-01
   days on market $251,000 Active 140 DOM
8. 2026-05-31
   days on market $251,000 Active 139 DOM
9. 2026-05-30
   days on market $251,000 Active 138 DOM
10. 2026-04-01
    price $251,000 122-char remark

    Show marketing remark (122 chars)

    Full brick, one level home with 3BR and 2 full baths with a large open living space ready to entertain friends and family.

11. 2026-01-12
    listed $256,000 Active 122-char remark

    Show marketing remark (122 chars)

    Full brick, one level home with 3BR and 2 full baths with a large open living space ready to entertain friends and family.

12. 2024-09-23
    soldstatus $241,000 Sold 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

13. 2024-08-01
    status Pending 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

14. 2024-07-18
    price $241,000 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

15. 2024-07-09
    price $245,900 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

16. 2024-07-05
    price $254,710 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

17. 2024-06-18
    status Active 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

18. 2024-06-18
    price $244,900 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

19. 2024-01-09
    status Pending 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

20. 2023-10-30
    price $254,180 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

21. 2023-10-06
    price $253,180 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

22. 2023-09-06
    price $257,180 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

23. 2023-08-21
    price $266,180 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

24. 2023-08-16
    listed $265,180 Active 509-char remark

    Show marketing remark (509 chars)

    5.49% Fixed Rate with our preferred lender. Priced to sale!! MOVE-IN READY!!! The stunning RC Baltimore plan is rich with curb appeal with its welcoming covered entryway and front yard landscaping. This one-story home features 3 bedrooms, 2 bathrooms, a large living room, and a beautiful kitchen fully equipped with energy-efficient appliances, generous counterspace, and a pantry. The laundry room, conveniently located just off the garage, is perfect for any sized family. Learn more about this home today!

ⓘ 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: $20,428
• − Mortgage interest: −$14,060
• − Property taxes: −$3,765
• − Insurance: −$1,255
• − Repairs & maintenance: −$1,634
• − Management: −$1,634
• − HOA: −$156
• − Depreciation: −$7,302
• Taxable loss: −$9,378
• Est. tax savings @ 24.0%: +$2,251
• After-tax cash flow: $-2,582/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: 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 — Harvest

• Score: 72/100
• State rank: #27
• US rank: #5986

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 30,710
• Population (ZIP): 13,977

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: Predominantly White (72%)
• Race & ethnicity: White 72% Black 17% Hispanic / Latino 7% Two or more races 3% Asian 2%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Italian 3% Slovak 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▲ 149.14%
• Current HPI: 666.8602
• 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

-5.3% since first listed

15 events — show timeline

• 2026-04-01 Price Changed $251,000 VMLS
• 2026-01-12 Listed $256,000 VMLS
• 2024-09-23 Sold (MLS) $241,000 VMLS
• 2024-08-01 Pending — VMLS
• 2024-07-18 Price Changed $241,000 VMLS
• 2024-07-09 Price Changed $245,900 VMLS
• 2024-07-05 Price Changed $254,710 VMLS
• 2024-06-18 Relisted — VMLS
• 2024-06-18 Price Changed $244,900 VMLS
• 2024-01-09 Pending — VMLS
• 2023-10-30 Price Changed $254,180 VMLS
• 2023-10-06 Price Changed $253,180 VMLS
• 2023-09-06 Price Changed $257,180 VMLS
• 2023-08-21 Price Changed $266,180 VMLS
• 2023-08-16 Listed $265,180 VMLS