415 Linden St · Trussville, AL 35173

$280,000

2 bd · 1.0 ba · 1,256 sqft · SingleFamily public records · 37 Days on market

Built 2006 Est $310k · 10% under

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Why this score? — see what drove the C- 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 +17.1/30.0
• ARV discount +11.9/15.0
• Schools +5.5/10.0
• DSCR +5.3/10.0
• Livability +4.0/5.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely home in the heart of Trussville. Huge corner lot with endless possibilities.

Key facts

• Corner lot
• Built 2006
• Listed 37 days

Tags

• CORNER LOT
• FULLY FENCED BACKYARD
• ZONED FOR CAHABA SCHOOLS
• SPACIOUS OUTDOOR AREA

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $193 ($2k/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 $237k (15.4% below list).
• Recommended offer: $237k (15.4% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 3.4% in Trussville — 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 79/100 on livability (#7 in AL, #2,110 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, schools A; Watch: commute F.
• Trussville City (suburban): math 49% / reading 74% proficiency, ranked #5 of 129 in AL (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 7% free/reduced lunch — higher-income household profile.
• Market conditions: 344 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $160k; list at $280k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $236,741 (15.4% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.85% ✗
• Cap rate: 7.12%
• Cash-on-cash: 2.96%
• DSCR: 1.13
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $310,232
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
422 Linden St	0.07mi	3/1.0 (+1)	1,208 (-4%)	10mo	$245,000	$203	77
136 Dogwood Ln	0.25mi	3/1.0 (+1)	1,206 (-4%)	17mo	$235,000	$195	63
410 Linden St	0.04mi	3/1.5 (+1)	1,100 (-12%)	20mo	$287,000	$261	54
6453 S Chalkville Rd	0.72mi	2/1.0	1,148 (-9%)	6mo	$115,000	$100	47
103 Magnolia St	0.74mi	3/1.0 (+1)	1,294 (+3%)	12mo	$422,000	$326	46
127 Meadow Ln	0.71mi	3/1.0 (+1)	1,210 (-4%)	21mo	$340,000	$281	38
141 Vann Cir	0.64mi	3/1.5 (+1)	1,430 (+14%)	3mo	$295,000	$206	37
3520 Halcyon Way	0.67mi	3/2.0 (+1)	1,418 (+13%)	10mo	$349,900	$247	30
3679 Halcyon Trce	0.66mi	3/2.0 (+1)	1,413 (+12%)	15mo	$356,545	$252	26

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: -11.7%
• Equity multiple: 0.58×
• Total profit: $-33,190
• Equity at exit: $41,749

10-year hold

• IRR: -2.6%
• Equity multiple: 0.83×
• Total profit: $-13,556
• Equity at exit: $24,209

Cash invested: $78,400 (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 35173

• Home prices YoY: -33.4%
• Active inventory: 344
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,367 high
• Mortgage (P&I): −$1,468
• Tax from tax record: −$92 /mo · $1,105/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$497
• Net cashflow: $193

Break-even live

Break-even rent $2,123

Max offer price $280,000

Occupancy floor 87%

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: $70,000
• Closing costs: $8,400
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
318 Linden St Unit 100 Trussville, AL	2.0	1.0	985	$1,550	$1.57	44d	1	0.19mi
165 Morrow Ave Unit 201 Trussville, AL	2.0	2.0	1870	$3,500	$1.87	44d	1	0.40mi
160 Morrow Ave Unit 208 Trussville, AL	2.0	2.0	1450	$2,650	$1.83	44d	1	0.41mi
160 Morrow Ave Unit 204 Trussville, AL	3.0	2.0	1836	$2,850	$1.55	44d	1	0.41mi
3509 Halcyon Way Trussville, AL	3.0	2.0	1412	$2,995	$2.12	24d	1	0.73mi
6232 Halcyon Ter Trussville, AL	3.0	2.5	1818	$2,700	$1.49	16d	1	0.74mi
3539 Mary Taylor Rd Birmingham, AL	2.0	1.0–2.0	847	$1,592	$1.88	2d	8	0.92mi
3129 Cedarbrook Ln Trussville, AL	3.0	2.0	1231	$1,766	$1.43	14d	1	1.37mi
6735 Roper Rd Trussville, AL	3.0	2.0	1625	$2,400	$1.48	44d	1	1.39mi

Listing history 23 events

1. 2026-06-18
   days on market $280,000 Active 37 DOM
2. 2026-06-17
   days on market $280,000 Active 36 DOM
3. 2026-06-16
   days on market $280,000 Active 35 DOM
4. 2026-06-15
   days on market $280,000 Active 34 DOM
5. 2026-06-13
   days on market $280,000 Active 32 DOM
6. 2026-06-13
   days on market $280,000 Active 31 DOM
7. 2026-06-10
   days on market $280,000 Active 29 DOM
8. 2026-06-09
   days on market $280,000 Active 28 DOM
9. 2026-06-08
   days on market $280,000 Active 27 DOM
10. 2026-06-07
    days on market $280,000 Active 26 DOM
11. 2026-06-05
    days on market $280,000 Active 23 DOM
12. 2026-06-03
    days on market $280,000 Active 22 DOM
13. 2026-06-02
    days on market $280,000 Active 21 DOM
14. 2026-06-01
    days on market $280,000 Active 20 DOM
15. 2026-05-31
    days on market $280,000 Active 19 DOM
16. 2026-05-13
    price $280,000 541-char remark
17. 2026-05-12
    listed $299,900 Active 541-char remark
18. 2020-09-18
    soldstatus $160,000
19. 2020-09-15
    soldstatus $160,000 Sold 83-char remark

    Show marketing remark (83 chars)

    Lovely home in the heart of Trussville. Huge corner lot with endless possibilities.

20. 2020-08-19
    historical Contingent 83-char remark

    Show marketing remark (83 chars)

    Lovely home in the heart of Trussville. Huge corner lot with endless possibilities.

21. 2020-08-15
    listed $146,000 Active 83-char remark

    Show marketing remark (83 chars)

    Lovely home in the heart of Trussville. Huge corner lot with endless possibilities.

22. 2010-10-08
    soldstatus $67,500
23. 2001-04-20
    soldstatus $925,000

ⓘ 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: $1,105 · $92/mo
• Projected year-2 tax: $1,148 · $96/mo
• Expected delta: +$43/yr (+$4/mo · 3.9%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,409
• − Mortgage interest: −$15,684
• − Property taxes: −$1,105
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,273
• − Management: −$2,273
• − Depreciation: −$8,145
• Taxable loss: −$2,471
• Est. tax savings @ 24.0%: +$593
• After-tax cash flow: $2,911/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: Trussville City
• NCES district ID: 0100013
• Math proficiency: 49% ▼ -27.00%
• Reading proficiency: 74% ▲ 3.00%
• Median HH income: $83,473
• Composite: 55.42/100
• National rank: #1250
• State rank: #5 of 129 in AL

Livability — Trussville

• Score: 79/100
• State rank: #7
• US rank: #2110

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Trussville, AL
• City population: 51,725
• Population (ZIP): 32,125

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 669,185 people
• By 2030: 669,694 · +0.1%
• By 2040: 661,388 · -1.2%
• By 2050: 643,086 · -3.9%
• By 2075: 577,267 · -13.7%
• By 2100: 474,758 · -29.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 10% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Slovak 2% Italian 2% Lithuanian 1%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · Jefferson

• 2024 margin: D (+10.4) · D 54.6% · R 44.2% · Other 1.2%
• 2008→2024 swing: +5.4pp toward D · 2008: 5.1pp · 2024: 10.4pp
• All cycles: 2024: D+10.4 2020: D+13.2 2016: D+7.2 2012: D+6.0 2008: D+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.75%
• Current HPI: 208.5715
• 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

-69.7% since first listed

8 events — show timeline

• 2026-05-13 Price Changed $280,000 FSBO.com
• 2026-05-12 Listed $299,900 FSBO.com
• 2020-09-18 Sold (Public Records) $160,000 Public Records
• 2020-09-15 Sold (MLS) $160,000 Greater Alabama MLS
• 2020-08-19 Contingent — Greater Alabama MLS
• 2020-08-15 Listed $146,000 Greater Alabama MLS
• 2010-10-08 Sold (Public Records) $67,500 Public Records
• 2001-04-20 Sold (Public Records) $925,000 Public Records

Property tax history

+1.6%/yr

Latest (2025): $1,105 · +0.0% YoY. Source: county tax records.