3150 Hendersonville Rd. Rd · Tuscaloosa, AL 35401

$115,000

3 bd · 2.0 ba · 1,814 sqft · SingleFamily public records · 7 Days on market

Built 1935 0.34 ac lot Est $209k · 45% under

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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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.1/5.0
• Livability +3.9/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this charming property offering character, space, and versatility both inside and out! Inside, you'll find spacious living and dining areas centered around a beautiful brick fireplace, creating a warm and welcoming atmosphere. The flexible floor plan offers multiple living spaces that can easily accommodate a home office, playroom, workout area, or hobby room. The kitchen provides ample cabinet storage and workspace, while the oversized laundry room adds convenience. Outside, enjoy a large covered deck overlooking the backyard, ideal for gatherings with family and friends. A detached workshop/storage building offers endless possibilities for projects, equipment storage, or additional workspace. With plenty of outdoor space, mature landscaping, and room to make it your own, this property combines comfort, functionality, and value in one unique package. Don't miss your opportunity to see all this home has to offer!

Key facts

• Brick fireplace
• Flexible floor plan
• Detached workshop

Tags

• BRICK FIREPLACE
• FLEXIBLE FLOOR PLAN
• AMPLE CABINET STORAGE
• OVERSIZED LAUNDRY ROOM
• LARGE COVERED DECK
• DETACHED WORKSHOP

Property features AI

Exterior

• Parking: Detached parking; Driveway parking; One carport space
• Utilities: Public water; Septic system; Gas water heater; Underground utilities; Internet availability: unknown
• Home design: Existing single-family property; Tri-level: no; Split-level: no; Split foyer: no; Entry level: main level primary living; Upper level includes bonus room
• Construction: Siding (other) exterior; Crawl space foundation
• Exterior features: Fenced yard; Covered patio; Covered deck

Interior

• Kitchen: Solid surface countertops; Gas oven/range
• Bedrooms: Three bedrooms on the main level; Bonus room on upper level
• Flooring: Carpet; Hardwood
• Bathrooms: Two full bathrooms; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Carpet and hardwood floors; Brick wood-burning fireplace in the living room; Pull-down attic; Ceilings: Other (see remarks)
• Laundry & utility: Main-level laundry room; Washer hookup and electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $743 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Cap rate 14.0% vs local median 3.4% in Tuscaloosa — 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 77/100 on livability (#9 in AL, #2,909 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, health & safety A+, cost of living A; Watch: crime F, employment D-.
• Tuscaloosa County (suburban): math 21% / reading 45% proficiency, ranked #47 of 129 in AL (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+6.3%/yr); 307 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 622 units permitted in Tuscaloosa County in 2024 (69 in 5+ unit buildings).
• At $1,796/mo this rent would consume 74% of the median local household income ($29k/yr) (locally 3997% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Tuscaloosa County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 6.3% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 7y 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

• Watch-outs: built in 1935 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 56% 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 $115,000

Questions for the listing agent

1. Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. 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.
5. 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.
6. 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: 1.56% ✓
• Cap rate: 14.05%
• Cash-on-cash: 27.70%
• DSCR: 2.23
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $208,610
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4822 Clover Rd	0.34mi	3/2.0	1,625 (-10%)	0mo	$58,000	$36	66
5114 Greenview Dr	0.47mi	3/2.0	1,711 (-6%)	22mo	$197,000	$115	50
3450 Tamera Ave	0.26mi	3/2.0	1,550 (-15%)	21mo	$220,000	$142	46
3219 Westlee Dr	0.58mi	3/2.0	1,572 (-13%)	6mo	$155,000	$99	46
2700 39th Ct	0.63mi	3/2.0	1,997 (+10%)	11mo	$194,000	$97	45
3000 52nd Ct	0.68mi	3/2.0	1,600 (-12%)	16mo	$217,500	$136	35
2127 Culver Rd	0.67mi	3/2.0	1,656 (-9%)	23mo	$198,000	$120	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 · 6.29% rent growth · sell at horizon

5-year hold

• IRR: 25.2%
• Equity multiple: 2.08×
• Total profit: $34,802
• Equity at exit: $17,147

10-year hold

• IRR: 34.8%
• Equity multiple: 4.67×
• Total profit: $118,042
• Equity at exit: $9,943

Cash invested: $32,200 (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 35401

• Rents YoY: 6.3%
• Active inventory: 307
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,796 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$25 /mo · $294/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$377
• Net cashflow: $743

Break-even live

Break-even rent $855

Max offer price $115,000

Occupancy floor 54%

Sensitivity live

Price	-10% $808	-5% $776	+0% $743	+5% $711	+10% $678
Rent	-10% $601	-5% $672	+0% $743	+5% $814	+10% $885
Rate	-1.0pp $801	-0.5pp $773	base $743	+0.5pp $714	+1.0pp $683

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4416 Tari St Tuscaloosa, AL	3.0	2.0	1259	$1,700	$1.35	14d	1	0.24mi
3499 Joyce Lewis Ave Tuscaloosa, AL	3.0	2.0	1340	$1,700	$1.27	22d	1	0.28mi
4342 Tari St Tuscaloosa, AL	3.0	2.0	1340	$1,750	$1.31	45d	1	0.30mi
3560 21st St Tuscaloosa, AL	3.0	2.0	1230	$1,570	$1.28	22d	1	1.07mi

Listing history 7 events

1. 2026-06-17
   statusdays on marketlisting id $115,000 Pending 7 DOM
2. 2026-06-17
   days on market $115,000 Active 6 DOM
3. 2026-06-16
   days on market $115,000 Active 5 DOM
4. 2026-06-15
   days on market $115,000 Active 4 DOM
5. 2026-06-14
   days on market $115,000 Active 2 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $115,000 Active 1 DOM

ⓘ 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: $294 · $25/mo
• Projected year-2 tax: $472 · $39/mo
• Expected delta: +$177/yr (+$15/mo · 60.2%)

ⓘ 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 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 56% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,552
• − Mortgage interest: −$6,442
• − Property taxes: −$294
• − Insurance: −$575
• − Repairs & maintenance: −$1,724
• − Management: −$1,724
• − Depreciation: −$3,345
• Taxable income: $7,447
• Est. tax owed @ 24.0%: −$1,787
• After-tax cash flow: $7,133/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: Tuscaloosa County
• NCES district ID: 0103390
• Math proficiency: 21% ▼ -24.00%
• Reading proficiency: 45% ▲ 2.00%
• Median HH income: $53,000
• Composite: 28.88/100
• National rank: #6641
• State rank: #47 of 129 in AL

Livability — Tuscaloosa

• Score: 77/100
• State rank: #9
• US rank: #2909

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Tuscaloosa County · 206,491 people
• City population: 134,228
• Metro: Tuscaloosa, AL
• Population (ZIP): 43,459
• Household income: $29,152
• Rent vs Own: 73.0% rent · 27.0% own
• Severe rent burden: 3997.0

Population outlook (Tuscaloosa County) Hauer SSP2

• Today (2025): 228,293 people
• By 2030: 240,551 · +5.4%
• By 2040: 263,856 · +15.6%
• By 2050: 286,491 · +25.5%
• By 2075: 335,783 · +47.1%
• By 2100: 370,520 · +62.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 47% White 44% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Common ancestry: Slovak 2% Italian 1% Romanian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Tuscaloosa

• 2024 margin: Strong R (+20.4) · D 39.4% · R 59.8%
• 2008→2024 swing: -4.4pp toward R · 2008: -16.0pp · 2024: -20.4pp
• All cycles: 2024: R+20.4 2020: R+14.8 2016: R+19.5 2012: R+17.4 2008: R+16.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -191.40%
• Current HPI: 179.8335
• Rent YoY: ▲ 6.29%
• Metro: Tuscaloosa, 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

+21.1% since first listed

7 events — show timeline

• 2026-06-10 Listed $115,000 WAMLS
• 2026-06-10 Listed $115,000 Greater Alabama MLS
• 2022-01-04 Sold (Public Records) $103,000 Public Records
• 2021-09-07 Listed $127,500 WAMLS
• 2019-11-27 Sold (Public Records) $95,000 Public Records
• 2019-11-26 Sold (MLS) $95,000 WAMLS
• 2019-10-08 Listed $95,000 WAMLS

Property tax history

+3.2%/yr

Latest (2025): $294 · -7.8% YoY. Source: county tax records.