Limestone County presents a carry-versus-exit tension: the Zillow county median home value was $178,567 in 2026-06, down 1.91% year over year, while the FHFA repeat-transaction HPI rose 4.35% in 2025. Those observations differ in vintage and method and cannot be combined into one appreciation measure. Investigate buyers able to underwrite income and resale locally; be cautious where the case depends on a single price trend.
At that value, the published median asking rent is $982 per month and published gross yield is 6.60% before costs, providing a starting income measure rather than net return. HUD's two-bedroom FMR is a payment standard, not market asking rent and not a yield input. The effective property-tax rate is 1.19%; it should be tested against assessed value and tax-bill treatment. Insurance, repairs, vacancy, financing, and property-specific operating costs are not published, preventing net-yield or cash-flow conclusions.
MLS evidence from Realtor.com for 2026-06 shows 142 active listings, 8.43% more than a year earlier, a 98-day median marketing time, and 12.41% of listings reduced. This visible supply and concession evidence warrants current comparable-listing review, but it is neither closed-sale pricing nor proof of buyer demand. QCEW's 2025 annual workplace covered employment fell 0.78%; it is not resident employment or an outlook. Trade, transportation, and utilities was the largest disclosed private supersector, not the whole economy. Net tax-return migration was 11, with inbound mover average AGI $8,746 above outbound. Investor purchase mortgages were 9.19% of 185 purchases, an identifiable but limited competing buyer segment.
Inland flood is the dominant hazard, and the modeled annual climate-loss ratio is 0.09% of building value. This is not a property loss estimate; underwriters need flood-zone, elevation, prior-loss, coverage, deductible, and premium records. Also unavailable are submarket sale comparables, lease-up and renewal performance, property condition, and parcel-level tax data. Those gaps prevent a firm resale-liquidity, insurance-cost, or asset-level cash-flow conclusion.