137 Spotted Fawn Rd · Madison, AL 35758

$484,500

4 bd · 2.0 ba · 2,440 sqft · SingleFamily public records · 232 Days on market

Built 2008 0.26 ac lot $199/sqft · 7% above area Est $519k · 7% under $13/mo HOA · 1% of rent ↓ 51% 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).

• ARV discount +10.5/15.0
• Appreciation +10.0/10.0
• Schools +5.6/10.0
• Livability +3.8/5.0
• Cash flow +3.1/30.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Come home to this GORGEOUS 2810sqft home with 4bd 3ba & BURSTING with fresh light, crisp details, wood flooring, & soaring ceilings! Mature landscaping surrounds home & private backyard with garden beds, with WIDE open spaces throughout the main level. Relax by the great room's gas fireplace, gather in the STUNNING formal dining, or enjoy peaceful mornings in the sunrise-facing sunroom. Quartz counters cover the kitchen cabinetry w/ BEAUTIFUL tile backsplash. Relax in the spacious master suite with garden soaking tub and quartz counters, or head upstairs to the private 4th bedroom with ensuite full bath and HUGE walk in closet. Quick walk to a quiet greenway or only minutes from local fun!

Key facts

• Formal dining
• Quartz counters
• Private backyard

Tags

• PRIVATE BACKYARD
• GARDEN BEDS
• GREAT ROOM GAS FIREPLACE
• FORMAL DINING
• SUNRISE FACING SUNROOM
• QUARTZ COUNTERS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $484k.

Deal economics

• At list price, monthly cash flow is $-2k ($-19k/yr) — negative.
• To cash-flow at today's rent, offer at most $211k (56.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (55.9% below list).
• Recommended offer: $211k (56.4% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 76/100 on livability (#12 in AL, #3,280 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, schools A; Watch: amenities F, commute F.
• Madison City (suburban): math 51% / reading 71% proficiency, ranked #4 of 129 in AL (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.6%/yr); 382 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $52k of equity ($3k loan paydown + $48k 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 ~$83k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 232 days — a 12% lower offer ($426k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,080 (56.4% 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 232 days. Have you received any prior offers? Is the seller open to a 56% 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. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
8. 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.
9. 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.
10. 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: 0.44% ✗
• Cap rate: 2.46%
• Cash-on-cash: -13.69%
• DSCR: 0.39
• GRM: 18.9

CMA / ARV

• ARV (median comp): $519,051
• List price: $484,500
• Delta: -6.66%
• 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
220 Overbrook Dr	0.14mi	4/2.5	2,308 (-5%)	1mo	$435,000	$188	82
210 Overbrook Dr	0.20mi	4/2.5	2,596 (+6%)	2mo	$449,000	$173	76
305 Holly Springs Dr	0.34mi	4/2.5	2,357 (-3%)	3mo	$369,500	$157	74
111 Overbrook Dr	0.36mi	3/2.0 (-1)	2,288 (-6%)	4mo	$310,000	$135	65
102 Kayo Rd	0.20mi	4/3.0	2,773 (+14%)	3mo	$474,000	$171	62
103 Wigon Cir	0.69mi	4/2.5	2,378 (-2%)	2mo	$425,000	$179	60
147 Bridgefield Rd	0.43mi	3/2.5 (-1)	2,641 (+8%)	7mo	$435,000	$165	54
218 Mill Walk Ct	0.59mi	4/3.0	2,632 (+8%)	4mo	$505,000	$192	52
106 Overbrook Dr	0.41mi	3/2.0 (-1)	2,136 (-12%)	4mo	$360,000	$169	52
123 Chelsea Park Row	0.69mi	3/3.0 (-1)	2,580 (+6%)	4mo	$417,900	$162	46
170 Bridgefield Rd	0.58mi	4/3.0	2,787 (+14%)	1mo	$465,000	$167	45
215 Bridgefield Rd	0.68mi	3/3.0 (-1)	2,738 (+12%)	5mo	$415,000	$152	35

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 · 1.58% rent growth · sell at horizon

5-year hold

• IRR: 14.5%
• Equity multiple: 2.20×
• Total profit: $162,247
• Equity at exit: $436,476

10-year hold

• IRR: 14.2%
• Equity multiple: 5.05×
• Total profit: $549,477
• Equity at exit: $941,277

Cash invested: $135,660 (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 35758

• Home prices YoY: 4.2%
• Rents YoY: 1.6%
• Active inventory: 382
• Price-to-rent: 18.9×

Monthly cashflow live

• Estimated rent: $2,136 high
• Mortgage (P&I): −$2,541
• Tax from tax record: −$480 /mo · $5,755/yr
• Insurance: −$202
• HOA: −$13
• Vacancy / Maint / Mgmt: −$449
• Net cashflow: $-1,548

Break-even live

Break-even rent $4,095

Max offer price $211,080

Occupancy floor —

Sensitivity live

Price	-10% $-1,274	-5% $-1,411	+0% $-1,548	+5% $-1,685	+10% $-1,822
Rent	-10% $-1,717	-5% $-1,632	+0% $-1,548	+5% $-1,463	+10% $-1,379
Rate	-1.0pp $-1,304	-0.5pp $-1,425	base $-1,548	+0.5pp $-1,673	+1.0pp $-1,801

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: $121,125
• Closing costs: $14,535
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
227 Park Stone Dr Madison, AL	4.0	2.5	2516	$2,300	$0.91	24d	1	0.40mi
106 Teal Park Ln Madison, AL	3.0	2.0	1707	$1,950	$1.14	14d	1	0.65mi
114 Telluride Dr Madison, AL	3.0	2.0	1578	$1,795	$1.14	44d	1	0.65mi
129 Telluride Dr Madison, AL	3.0	2.0	1912	$1,885	$0.99	24d	1	0.67mi
123 Chelsea Park Madison, AL	3.0	3.0	2580	$2,650	$1.03	14d	1	0.68mi
110 Chelsea Park Madison, AL	3.0	2.5	2311	$2,600	$1.13	44d	1	0.70mi
104 Chelsea Park Madison, AL	3.0	3.0	2061	$2,300	$1.12	44d	1	0.71mi
189 Merganser Blvd Madison, AL	4.0	2.5	2225	$1,995	$0.90	24d	1	0.73mi
105 Whisperbrook Cir Madison, AL	3.0	2.0	1608	$1,800	$1.12	24d	1	0.85mi
104 Horseshoe Bnd S Madison, AL	4.0	3.5	3100	$2,650	$0.85	44d	1	0.87mi
113 Claytor Ln Madison, AL	3.0	2.0	1650	$1,795	$1.09	14d	1	1.03mi
4286 Sullivan St Madison, AL	3.0	2.0	1815	$2,100	$1.16	22d	1	1.11mi
110 Markum Ln Madison, AL	3.0	2.0	1937	$2,100	$1.08	44d	1	1.11mi
106 Blanchard Pl Madison, AL	3.0	2.0	1926	$2,100	$1.09	24d	1	1.13mi
137 Clover Ridge Dr Madison, AL	3.0	2.0	1860	$1,850	$0.99	14d	1	1.16mi
195 Amsterdam Pl Madison, AL	4.0	2.0	1820	$2,200	$1.21	14d	1	1.19mi
114 Clover Ridge Dr Madison, AL	3.0	2.0	2002	$2,250	$1.12	44d	1	1.24mi
180 Hughes Rd Madison, AL	1.0–4.0	1.0–3.5	1373	$2,675	$1.95	14d	45	1.26mi
109 DuPont Cir Madison, AL	3.0	2.0	1725	$1,895	$1.10	14d	1	1.30mi
107 Little Britain ST Triana, AL	3.0	2.0	1837	$2,050	$1.12	44d	1	1.41mi
162 Rugby Dr Madison, AL	3.0	2.0	1850	$1,980	$1.07	44d	1	1.42mi
619 Larry Dr Madison, AL	4.0	2.0	2093	$2,031	$0.97	24d	1	1.50mi

HOA detail

• Monthly dues: $13 · $156/yr
• Likely covers: gaslandscaping

Listing history 16 events

1. 2026-05-10
   status Pending 710-char remark

   Show marketing remark (710 chars)

   Come home to this GORGEOUS 2810sqft home with 4bd 3ba & BURSTING with fresh light, crisp details, wood flooring, & soaring ceilings! Mature landscaping surrounds home & private backyard with garden beds, with WIDE open spaces throughout the main level. Relax by the great room's gas fireplace, gather in the STUNNING formal dining, or enjoy peaceful mornings in the sunrise-facing sunroom. Quartz counters cover the kitchen cabinetry w/ BEAUTIFUL tile backsplash. Relax in the spacious master suite with garden soaking tub and quartz counters, or head upstairs to the private 4th bedroom with ensuite full bath and HUGE walk in closet. Quick walk to a quiet greenway or only minutes from local fun!

2. 2026-04-20
   price $484,500 710-char remark

   Show marketing remark (710 chars)

   Come home to this GORGEOUS 2810sqft home with 4bd 3ba & BURSTING with fresh light, crisp details, wood flooring, & soaring ceilings! Mature landscaping surrounds home & private backyard with garden beds, with WIDE open spaces throughout the main level. Relax by the great room's gas fireplace, gather in the STUNNING formal dining, or enjoy peaceful mornings in the sunrise-facing sunroom. Quartz counters cover the kitchen cabinetry w/ BEAUTIFUL tile backsplash. Relax in the spacious master suite with garden soaking tub and quartz counters, or head upstairs to the private 4th bedroom with ensuite full bath and HUGE walk in closet. Quick walk to a quiet greenway or only minutes from local fun!

3. 2025-11-05
   price $494,900 710-char remark

   Show marketing remark (710 chars)

   Come home to this GORGEOUS 2810sqft home with 4bd 3ba & BURSTING with fresh light, crisp details, wood flooring, & soaring ceilings! Mature landscaping surrounds home & private backyard with garden beds, with WIDE open spaces throughout the main level. Relax by the great room's gas fireplace, gather in the STUNNING formal dining, or enjoy peaceful mornings in the sunrise-facing sunroom. Quartz counters cover the kitchen cabinetry w/ BEAUTIFUL tile backsplash. Relax in the spacious master suite with garden soaking tub and quartz counters, or head upstairs to the private 4th bedroom with ensuite full bath and HUGE walk in closet. Quick walk to a quiet greenway or only minutes from local fun!

4. 2025-09-19
   listed $499,900 Active 710-char remark

   Show marketing remark (710 chars)

   Come home to this GORGEOUS 2810sqft home with 4bd 3ba & BURSTING with fresh light, crisp details, wood flooring, & soaring ceilings! Mature landscaping surrounds home & private backyard with garden beds, with WIDE open spaces throughout the main level. Relax by the great room's gas fireplace, gather in the STUNNING formal dining, or enjoy peaceful mornings in the sunrise-facing sunroom. Quartz counters cover the kitchen cabinetry w/ BEAUTIFUL tile backsplash. Relax in the spacious master suite with garden soaking tub and quartz counters, or head upstairs to the private 4th bedroom with ensuite full bath and HUGE walk in closet. Quick walk to a quiet greenway or only minutes from local fun!

5. 2025-05-19
   soldstatus $461,000
6. 2025-05-16
   soldstatus $461,000 Sold 569-char remark

   Show marketing remark (569 chars)

   This completely remodeled home is a MUST SEE. New flooring, paint, and carpet throughout. Open concept from the living room to the kitchen, with beautiful light filtering in from the closed in sun room, heated and cooled from the HVAC system, overlooking a fully fenced backyard. Its all in the details, from the new master en suite bathroom to the stunning tiling in the kitchen, with light fixtures that carry the aesthetic throughout the property. Bonus room with a full bath on the 2nd level could be your fourth bedroom. Don't hesitate schedule your showing today.

7. 2025-04-01
   historical 569-char remark

   Show marketing remark (569 chars)

   This completely remodeled home is a MUST SEE. New flooring, paint, and carpet throughout. Open concept from the living room to the kitchen, with beautiful light filtering in from the closed in sun room, heated and cooled from the HVAC system, overlooking a fully fenced backyard. Its all in the details, from the new master en suite bathroom to the stunning tiling in the kitchen, with light fixtures that carry the aesthetic throughout the property. Bonus room with a full bath on the 2nd level could be your fourth bedroom. Don't hesitate schedule your showing today.

8. 2025-03-17
   listed $450,000 Active 569-char remark

   Show marketing remark (569 chars)

   This completely remodeled home is a MUST SEE. New flooring, paint, and carpet throughout. Open concept from the living room to the kitchen, with beautiful light filtering in from the closed in sun room, heated and cooled from the HVAC system, overlooking a fully fenced backyard. Its all in the details, from the new master en suite bathroom to the stunning tiling in the kitchen, with light fixtures that carry the aesthetic throughout the property. Bonus room with a full bath on the 2nd level could be your fourth bedroom. Don't hesitate schedule your showing today.

9. 2022-11-08
   historical
10. 2022-07-25
    soldstatus $389,000
11. 2022-07-20
    soldstatus $389,000 Sold
12. 2022-06-25
    status Pending
13. 2022-06-24
    price $394,500
14. 2022-05-23
    price $414,000
15. 2022-05-06
    listed $420,000 Active
16. 2008-02-04
    soldstatus $987,500

ⓘ 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: $5,755 · $480/mo
• Projected year-2 tax: $5,755 · $480/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 5/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% 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: $25,632
• − Mortgage interest: −$27,140
• − Property taxes: −$5,755
• − Insurance: −$2,422
• − Repairs & maintenance: −$2,051
• − Management: −$2,051
• − HOA: −$156
• − Depreciation: −$14,095
• Taxable loss: −$28,036
• Est. tax savings @ 24.0%: +$6,729
• After-tax cash flow: $-11,844/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 City
• NCES district ID: 0100008
• Math proficiency: 51% ▼ -25.00%
• Reading proficiency: 71% ▼ -2.00%
• Median HH income: $89,091
• Composite: 55.56/100
• National rank: #1238
• State rank: #4 of 129 in AL

Livability — Madison

• Score: 76/100
• State rank: #12
• US rank: #3280

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Madison, AL
• County: Madison County · 380,832 people
• City population: 93,742
• Metro: Huntsville, AL
• Population (ZIP): 50,266
• Household income: $117,380
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 875.0

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: Predominantly White (68%)
• Race & ethnicity: White 68% Black 14% Hispanic / Latino 8% Asian 7% Two or more races 7%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 9% · Canada, South Korea, Vietnam
• Languages at home: 87% English-only · Spanish 5% Other Asian/Pacific 2% Chinese 1%

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: ▲ 14.46%
• Current HPI: 355.2784
• Rent YoY: ▲ 1.58%
• 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

-50.9% since first listed

16 events — show timeline

• 2026-05-10 Pending — VMLS
• 2026-04-20 Price Changed $484,500 VMLS
• 2025-11-05 Price Changed $494,900 VMLS
• 2025-09-19 Listed $499,900 VMLS
• 2025-05-19 Sold (Public Records) $461,000 Public Records
• 2025-05-16 Sold (MLS) $461,000 VMLS
• 2025-04-01 Delisted — VMLS
• 2025-03-17 Listed $450,000 VMLS
• 2022-11-08 Rental Removed — RENT.
• 2022-07-25 Sold (Public Records) $389,000 Public Records
• 2022-07-20 Sold (MLS) $389,000 VMLS
• 2022-06-25 Pending — VMLS
• 2022-06-24 Price Changed $394,500 VMLS
• 2022-05-23 Price Changed $414,000 VMLS
• 2022-05-06 Listed $420,000 VMLS
• 2008-02-04 Sold (Public Records) $987,500 Public Records

Property tax history

+16.9%/yr

Latest (2024): $5,755 · +3.6% YoY. Source: county tax records.