144 Chester St · Prattville, AL 36066

$185,000

3 bd · 1.0 ba · 1,728 sqft · SingleFamily public records · 43 Days on market

Built 1966 10,497 sqft lot $107/sqft · 7% above area Est $174k · 7% over

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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).

• Cash flow +16.0/30.0
• DSCR +4.9/10.0
• ARV discount +4.6/15.0
• 1% rule +4.4/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Come see this charming 3-bedroom, 1-bath home in Prattville that’s full of character, potential, and is ready for its next chapter. Inside, you’ll find wood floors that add warmth and timeless appeal, along with a spacious den that offers the perfect spot for relaxing or entertaining. The layout is functional and inviting. If you’re someone looking to put their personal touch on a home, this property offers tons of potential to make it truly your own. The roof is newer and the water heater has been recently replaced. With a little vision, this home could truly shine as a gem in a fantastic location. Call for a private showing today!

Key facts

• Wood floors
• Newer roof
• Spacious den

Tags

• WOOD FLOORS
• SPACIOUS DEN
• NEWER ROOF
• RECENTLY REPLACED WATER HEATER

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; High-speed internet available
• Home design: Single-story home
• Construction: Brick construction; Slab foundation; Built (year per public records)
• Exterior features: Privacy fence; Located on a city lot in a subdivision; Public road frontage

Interior

• Kitchen: Gas range
• Bedrooms: Two bedrooms on the first level
• Flooring: Tile; Vinyl; Wood
• Bathrooms: One full bathroom on the first level
• Heating & cooling: Central heating (gas); Central electric air conditioning
• Interior features: Tile, vinyl, and wood flooring; One fireplace
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $91 ($1k/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 $173k (6.3% below list).
• Recommended offer: $173k (6.3% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.2% in Prattville — 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 76/100 on livability (#11 in AL, #3,273 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B+; Watch: amenities D, commute F.
• Autauga County (rural): math 23% / reading 50% proficiency, ranked #34 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Prattville Primary School (714 students, 58% FRL); Prattville Junior High School (math 23% / reading 57%, grade F, #59 of 257 statewide, top 23%, 1,031 students, 56% FRL); Prattville High School (math 32% / reading 41%, grade F, #42 of 305 statewide, top 13%, 1,929 students, 48% FRL) — zoned schools average 54% FRL vs 39% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.9%/yr); 239 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 221 units permitted in Autauga 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 $6k of value loss. Plan a longer hold.
• Autauga County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 21y 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.
• Current owner paid $42k; list at $185k implies a 340% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% 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 $173,403 (6.3% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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?
5. 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?
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: 0.94% ✗
• Cap rate: 6.89%
• Cash-on-cash: 2.12%
• DSCR: 1.09
• GRM: 8.9

CMA / ARV

• ARV (median comp): $173,706
• List price: $185,000
• Delta: 6.50%
• 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
107 S Nichols St	0.16mi	3/1.5	1,650 (-4%)	8mo	$195,000	$118	76
708 Wetumpka St	0.40mi	3/2.0	1,673 (-3%)	4mo	$150,000	$90	69
973 Newton St	0.27mi	4/1.0 (+1)	1,651 (-4%)	8mo	$165,800	$100	68
802 Gillespie St	0.40mi	3/2.0	1,831 (+6%)	1mo	$212,500	$116	66
311 Walker St	0.32mi	3/2.0	1,645 (-5%)	9mo	$229,000	$139	65
102 Till St	0.26mi	3/2.0	1,966 (+14%)	2mo	$225,000	$114	59
111 Till St	0.24mi	3/1.0	1,475 (-15%)	9mo	$186,000	$126	57
1300 Cooper Ave	0.61mi	3/2.0	1,801 (+4%)	6mo	$200,000	$111	56
639 Cardinal Ln	0.72mi	4/2.0 (+1)	1,786 (+3%)	7mo	$177,000	$99	46
111 Livingston Ave	0.70mi	4/2.0 (+1)	1,535 (-11%)	2mo	$267,000	$174	38
106 Oakland Dr	0.66mi	3/2.0	1,486 (-14%)	9mo	$189,900	$128	34
137 Guilford Ln	0.73mi	4/2.0 (+1)	1,507 (-13%)	2mo	$220,000	$146	34

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 · 2.86% rent growth · sell at horizon

5-year hold

• IRR: -13.1%
• Equity multiple: 0.53×
• Total profit: $-24,375
• Equity at exit: $27,584

10-year hold

• IRR: -4.3%
• Equity multiple: 0.72×
• Total profit: $-14,622
• Equity at exit: $15,995

Cash invested: $51,800 (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 36066

• Home prices YoY: -13.4%
• Rents YoY: 2.9%
• Active inventory: 239
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,734 high
• Mortgage (P&I): −$970
• Tax est. 1.5%: −$231 /mo · $2,775/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $91

Break-even live

Break-even rent $1,618

Max offer price $185,000

Occupancy floor 90%

Sensitivity live

Price	-10% $219	-5% $155	+0% $91	+5% $27	+10% $-36
Rent	-10% $-46	-5% $23	+0% $91	+5% $160	+10% $228
Rate	-1.0pp $185	-0.5pp $138	base $91	+0.5pp $43	+1.0pp $-5

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
113 Tew St Prattville, AL	4.0	2.0	1563	$1,731	$1.11	15d	1	0.10mi
778 E 6th St Unit A Prattville, AL	2.0	1.5	1366	$925	$0.68	22d	1	0.26mi
1117 Newton St Prattville, AL	3.0	1.5	1422	$1,400	$0.98	45d	1	0.29mi
109 Woodley Ave Prattville, AL	3.0	2.0	1612	$1,531	$0.95	15d	1	0.44mi
107 Richmond Way Prattville, AL	3.0	2.0	1232	$1,400	$1.14	15d	1	0.50mi
551 E 6th St Prattville, AL	2.0	1.0	1372	$995	$0.73	45d	1	0.66mi
130 Graylynn Dr Prattville, AL	3.0	2.0	1281	$1,300	$1.01	15d	1	0.69mi
1291 Huie St Prattville, AL	3.0	2.0	1528	$1,761	$1.15	45d	1	0.70mi
1214 Camellia Woods Ct Prattville, AL	3.0	2.0	1236	$1,475	$1.19	45d	1	0.75mi
1122 Oates Rd Prattville, AL	3.0	2.0	1707	$1,656	$0.97	45d	1	0.76mi
435 Booth St Prattville, AL	3.0	1.0	1131	$1,400	$1.24	22d	1	0.91mi
348 Bent Tree Dr Prattville, AL	3.0	2.0	1323	$1,595	$1.21	45d	1	1.10mi
745 Park Ln Prattville, AL	4.0	2.0	1857	$2,250	$1.21	45d	1	1.11mi
928 Running Brook Dr Prattville, AL	4.0	2.0	2048	$2,000	$0.98	15d	1	1.18mi
732 Mimosa Rd Prattville, AL	4.0	2.0	1795	$1,731	$0.96	15d	1	1.20mi
525 Breckinridge Ln Prattville, AL	3.0	2.0	1560	$1,700	$1.09	45d	1	1.30mi
710 Summer Ln Prattville, AL	3.0	2.0	1539	$1,600	$1.04	45d	1	1.37mi
498 Greystone Way Prattville, AL	3.0	2.0	1873	$1,750	$0.93	15d	1	1.39mi

Listing history 23 events

1. 2026-06-22
   days on market $185,000 Active 43 DOM
2. 2026-06-18
   days on market $185,000 Active 40 DOM
3. 2026-06-17
   days on market $185,000 Active 39 DOM
4. 2026-06-16
   days on market $185,000 Active 38 DOM
5. 2026-06-15
   days on market $185,000 Active 37 DOM
6. 2026-06-14
   days on market $185,000 Active 35 DOM
7. 2026-06-13
   days on market $185,000 Active 34 DOM
8. 2026-06-10
   days on market $185,000 Active 32 DOM
9. 2026-06-09
   days on market $185,000 Active 31 DOM
10. 2026-06-08
    days on market $185,000 Active 30 DOM
11. 2026-06-07
    days on market $185,000 Active 29 DOM
12. 2026-06-03
    days on market $185,000 Active 25 DOM
13. 2026-06-02
    days on market $185,000 Active 24 DOM
14. 2026-06-01
    days on market $185,000 Active 23 DOM
15. 2026-05-31
    days on market $185,000 Active 22 DOM
16. 2026-05-30
    days on market $185,000 Active 21 DOM
17. 2026-05-09
    listed $185,000 Active 658-char remark
18. 2018-11-01
    listed $115,000
19. 2017-06-02
    listed $125,000
20. 2010-06-03
    listed $75,000
21. 2008-07-25
    listed $114,890
22. 2005-05-24
    listed $91,000
23. 1995-05-01
    soldstatus $42,000

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,808
• − Mortgage interest: −$10,363
• − Property taxes: −$2,775
• − Insurance: −$925
• − Repairs & maintenance: −$1,665
• − Management: −$1,665
• − Depreciation: −$5,382
• Taxable loss: −$1,966
• Est. tax savings @ 24.0%: +$472
• After-tax cash flow: $1,568/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: Autauga County
• NCES district ID: 0100240
• Math proficiency: 23% ▼ -31.00%
• Reading proficiency: 50% ▼ -5.00%
• Median HH income: $52,974
• Composite: 31.77/100
• National rank: #5892
• State rank: #34 of 129 in AL

Livability — Prattville

• Score: 76/100
• State rank: #11
• US rank: #3273

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prattville, AL
• County: Autauga County · 50,925 people
• City population: 50,925
• Metro: Montgomery, AL
• Population (ZIP): 22,632
• Household income: $86,278
• Rent vs Own: 36.6% rent · 63.4% own
• Severe rent burden: 683.0

Population outlook (Autauga County) Hauer SSP2

• Today (2025): 55,958 people
• By 2030: 55,810 · -0.3%
• By 2040: 54,892 · -1.9%
• By 2050: 53,062 · -5.2%
• By 2075: 49,425 · -11.7%
• By 2100: 45,110 · -19.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 5% Hispanic / Latino 4% Asian 2%
• Common ancestry: Slovak 3% Lithuanian 2% Serbian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Spanish 3% Other Asian/Pacific 1% Tagalog/Filipino 1%

Political lean MEDSL · Autauga

• 2024 margin: Solid R (+46.3) · D 26.4% · R 72.7%
• 2008→2024 swing: +1.6pp toward D · 2008: -47.8pp · 2024: -46.3pp
• All cycles: 2024: R+46.3 2020: R+44.4 2016: R+49.5 2012: R+46.0 2008: R+47.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.80%
• Current HPI: 198.2636
• Rent YoY: ▲ 2.86%
• Metro: Montgomery, 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

+340.5% since first listed

7 events — show timeline

• 2026-05-09 Listed $185,000 MAAR
• 2018-11-01 Listed $115,000 MAAR
• 2017-06-02 Listed $125,000 MAAR
• 2010-06-03 Listed $75,000 MAAR
• 2008-07-25 Listed $114,890 MAAR
• 2005-05-24 Listed $91,000 MAAR
• 1995-05-01 Sold (Public Records) $42,000 Public Records

Property tax history

+0.5%/yr

Latest (2025): $333 · -28.9% YoY. Source: county tax records.