315 7th St SW · La Fayette, AL 36862

$70,000

3 bd · 1.0 ba · 1,011 sqft · SingleFamily · 179 Days on market

Built 1970 Fair condition 0.37 ac lot $69/sqft · 52% below area ↓ 18% 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 +29.9/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• ARV discount +7.5/15.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This cozy yet spacious 3-bedroom, 1-bath home is the perfect opportunity for investors or homeowners looking to add their personal touch. Featuring durable vinyl siding, this property offers great curb appeal with minimal exterior maintenance required. Inside, you'll find a functional layout with ample natural light, a comfortable living area, and generous bedroom sizes. The spacious lot provides plenty of outdoor potential for gardening, entertaining, or expansion. With a little TLC, this home can truly shine—don’t miss out on this fantastic opportunity!

Key facts

• Ample natural light
• Curb appeal
• Vinyl siding

Tags

• VINYL SIDING
• CURB APPEAL
• FUNCTIONAL LAYOUT
• AMPLE NATURAL LIGHT
• COMFORTABLE LIVING AREA
• GENEROUS BEDROOM SIZES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $259 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($941 rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#276 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools F, amenities F, commute F.
• Chambers County (town): math 10% / reading 37% proficiency, ranked #101 of 129 in AL (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 25 active listings in the ZIP; 43 units permitted in Chambers County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Chambers County population projected to shrink 7% 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 $20k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 179 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $61,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 179 days. Have you received any prior offers? Is the seller open to a 12% 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 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.34% ✓
• Cap rate: 10.74%
• Cash-on-cash: 15.88%
• DSCR: 1.71
• GRM: 6.2

CMA / ARV

• ARV (median comp): $145,849
• List price: $70,000
• Delta: -52.01%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
307 1st Ave SW	0.61mi	3/1.0	1,036 (+2%)	12mo	$140,000	$135	57

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: 6.8%
• Equity multiple: 1.26×
• Total profit: $5,193
• Equity at exit: $10,437

10-year hold

• IRR: 16.1%
• Equity multiple: 2.32×
• Total profit: $25,854
• Equity at exit: $6,052

Cash invested: $19,600 (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 36862

• Home prices YoY: -6.3%
• Active inventory: 25
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $941 medium
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$88 /mo · $1,050/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$198
• Net cashflow: $259

Break-even live

Break-even rent $612

Max offer price $70,000

Occupancy floor 67%

Sensitivity live

Price	-10% $308	-5% $284	+0% $259	+5% $235	+10% $211
Rent	-10% $185	-5% $222	+0% $259	+5% $297	+10% $334
Rate	-1.0pp $295	-0.5pp $277	base $259	+0.5pp $241	+1.0pp $223

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $70,000 Active 179 DOM
2. 2026-06-18
   days on market $70,000 Active 178 DOM
3. 2026-06-17
   days on market $70,000 Active 177 DOM
4. 2026-06-16
   days on market $70,000 Active 176 DOM
5. 2026-06-15
   days on market $70,000 Active 175 DOM
6. 2026-06-14
   days on market $70,000 Active 173 DOM
7. 2026-06-12
   days on market $70,000 Active 172 DOM
8. 2026-06-09
   days on market $70,000 Active 169 DOM
9. 2026-06-08
   days on market $70,000 Active 168 DOM
10. 2026-06-07
    days on market $70,000 Active 167 DOM
11. 2026-06-05
    days on market $70,000 Active 164 DOM
12. 2026-06-02
    days on market $70,000 Active 162 DOM
13. 2026-06-01
    days on market $70,000 Active 161 DOM
14. 2026-05-31
    days on market $70,000 Active 160 DOM
15. 2026-05-30
    days on market $70,000 Active 159 DOM
16. 2025-12-22
    listed $70,000 Active 573-char remark

    Show marketing remark (573 chars)

    This cozy yet spacious 3-bedroom, 1-bath home is the perfect opportunity for investors or homeowners looking to add their personal touch. Featuring durable vinyl siding, this property offers great curb appeal with minimal exterior maintenance required. Inside, you'll find a functional layout with ample natural light, a comfortable living area, and generous bedroom sizes. The spacious lot provides plenty of outdoor potential for gardening, entertaining, or expansion. With a little TLC, this home can truly shine—don’t miss out on this fantastic opportunity!

17. 2025-03-25
    listed $85,000 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: $11,289
• − Mortgage interest: −$3,921
• − Property taxes: −$1,050
• − Insurance: −$350
• − Repairs & maintenance: −$903
• − Management: −$903
• − Depreciation: −$2,036
• Taxable income: $2,125
• Est. tax owed @ 24.0%: −$510
• After-tax cash flow: $2,603/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 · 1 photo

Fair 45/100 Moderate rehab

This single-family home requires moderate repairs and maintenance to improve its curb appeal and value. Key updates include painting the exterior, replacing the vinyl siding, and landscaping.

Repairs flagged

• Moderate Vinyl siding — Weathered and in need of replacement
• Minor Landscaping — Overgrown areas need trimming

Value-add opportunities

• Both Paint exterior walls — Enhances curb appeal and value
• Both Replace vinyl siding — Improves appearance and value
• Both Landscaping — Enhances curb appeal and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Vinyl siding · Weathered and in need of replacement	Moderate	$3,000–15,000
Landscaping · Overgrown areas need trimming	Minor	$500–3,000
Total estimated repair cost · 2 items		$3,500–18,000

Value-add ROI direction

• Both Paint exterior walls — Enhances curb appeal and value ↑
• Both Replace vinyl siding — Improves appearance and value ↑
• Both Landscaping — Enhances curb appeal and 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: Chambers County
• NCES district ID: 0100600
• Math proficiency: 10% ▼ -26.00%
• Reading proficiency: 37% ▼ -1.00%
• Median HH income: $36,011
• Composite: 19.37/100
• National rank: #8785
• State rank: #101 of 129 in AL

Livability — La Fayette

• Score: 61/100
• State rank: #276
• US rank: #18384

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: La Fayette, AL
• Population (ZIP): 6,052

Population outlook (Chambers County) Hauer SSP2

• Today (2025): 33,868 people
• By 2030: 33,504 · -1.1%
• By 2040: 32,594 · -3.8%
• By 2050: 31,422 · -7.2%
• By 2075: 29,054 · -14.2%
• By 2100: 25,431 · -24.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (50%)
• Race & ethnicity: White 50% Black 47% Hispanic / Latino 2% Two or more races 1%
• Common ancestry: Italian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Chambers

• 2024 margin: Strong R (+23.2) · D 38.0% · R 61.2%
• 2008→2024 swing: -14.8pp toward R · 2008: -8.5pp · 2024: -23.2pp
• All cycles: 2024: R+23.2 2020: R+15.6 2016: R+14.8 2012: R+5.1 2008: R+8.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -12.02%
• Current HPI: 179.9224
• 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

-17.6% since first listed

2 events — show timeline

• 2025-12-22 Listed $70,000 EABOR
• 2025-03-25 Listed $85,000 EABOR