2105 5th Pl NE · Center Point, AL 35215

$170,000

3 bd · 1.5 ba · 2,100 sqft · SingleFamily public records · 88 Days on market

Built 1972 0.29 ac lot $81/sqft · 12% below area Est $163k · at est.

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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 +17.1/30.0
• ARV discount +5.7/15.0
• DSCR +5.3/10.0
• 1% rule +3.6/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this well-maintained and move-in ready home located in a quiet, established neighborhood. This charming 3-bedroom, 1.5-bathroom property offers a strong combination of comfort, space, and value—perfect for homeowners or investors alike. Inside, you’ll find a clean, well-kept interior that’s truly move-in ready, allowing buyers to settle in without immediate repairs or updates. The primary bedroom includes a private half bath, adding convenience and functionality. The partially finished basement provides flexible additional space—ideal for a second living area, home office, gym, or additional storage. The exterior features a durable brick and siding combination for long-term, low-maintenance appeal. Out back, enjoy a large backyard with plenty of room for entertaining, pets, or future improvements.

Key facts

• Private half bath
• Large backyard
• Move in ready

Tags

• MOVE IN READY
• PRIVATE HALF BATH
• PARTIALLY FINISHED BASEMENT
• LARGE BACKYARD
• BRICK AND SIDING COMBINATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $119 ($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 $146k (13.9% below list).
• Recommended offer: $146k (13.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#193 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, commute A, housing A; Watch: crime D, amenities F, employment F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Chalkville Elementary School (math 6% / reading 16%, grade F, #560 of 627 statewide, top 90%, 854 students, 79% FRL); Claychalkville Middle School (math 2% / reading 26%, grade F, #209 of 257 statewide, top 82%, 1,032 students, 64% FRL); Claychalkville High School (math 6% / reading 9%, grade F, #261 of 305 statewide, top 87%, 1,361 students, 56% FRL) — zoned schools average 66% FRL vs 49% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.0%/yr); 336 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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).
• This rent runs 33% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 88 days — a 6% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $135k; 26% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $146,376 (13.9% below list)

Questions for the listing agent

1. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D 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?
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: 0.86% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.01%
• DSCR: 1.13
• GRM: 9.7

CMA / ARV

• ARV (median comp): $163,486
• List price: $170,000
• Delta: 3.98%
• 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
416 20th Ct NE	0.14mi	3/2.0	1,950 (-7%)	6mo	$161,000	$83	74
2015 4th St NE	0.19mi	3/2.0	2,220 (+6%)	9mo	$185,000	$83	72
505 20th Ct NE	0.10mi	3/2.5	1,900 (-10%)	11mo	$220,000	$116	66
416 Woodland Ct NE	0.19mi	3/2.0	1,858 (-12%)	11mo	$162,000	$87	61
1809 Mara Dr NE	0.57mi	4/2.0 (+1)	2,081 (-1%)	7mo	$174,500	$84	59
2105 Merry Dr NE	0.54mi	4/2.5 (+1)	2,053 (-2%)	10mo	$248,000	$121	54
2216 2nd Pl NE	0.58mi	3/2.0	2,258 (+8%)	9mo	$190,000	$84	51
1009 Chalkville School Rd	0.60mi	3/2.0	1,865 (-11%)	2mo	$195,000	$105	50
2401 NE 7th Pl	0.33mi	3/2.0	1,803 (-14%)	11mo	$175,000	$97	50
2316 Applewood Dr	0.57mi	3/2.0	1,838 (-12%)	4mo	$191,500	$104	47
801 Windover Pl	0.39mi	4/1.5 (+1)	1,804 (-14%)	10mo	$149,900	$83	45
2315 4th Pl NE	0.43mi	4/2.0 (+1)	2,339 (+11%)	11mo	$219,900	$94	45

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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-19,947
• Equity at exit: $25,348

10-year hold

• IRR: -2.4%
• Equity multiple: 0.84×
• Total profit: $-7,591
• Equity at exit: $14,698

Cash invested: $47,600 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 336
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,464 high
• Mortgage (P&I): −$891
• Tax from tax record: −$75 /mo · $896/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $119

Break-even live

Break-even rent $1,313

Max offer price $170,000

Occupancy floor 87%

Sensitivity live

Price	-10% $216	-5% $168	+0% $119	+5% $71	+10% $23
Rent	-10% $4	-5% $62	+0% $119	+5% $177	+10% $235
Rate	-1.0pp $205	-0.5pp $163	base $119	+0.5pp $75	+1.0pp $31

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
413 20th Ct NE Center Point, AL	3.0	1.5	1540	$1,375	$0.89	45d	1	0.13mi
2232 6th St NE Center Point, AL	3.0	1.0	1550	$1,150	$0.74	45d	1	0.14mi
600 20th Ct NE Center Point, AL	3.0	2.0	1878	$1,650	$0.88	25d	1	0.19mi
2249 4th Place Cir NE Center Point, AL	3.0	1.5	1400	$1,400	$1.00	45d	1	0.22mi
2708 7th St NE Center Point, AL	3.0	1.0	1451	$1,150	$0.79	45d	1	0.83mi
1819 Valley Run Cir Birmingham, AL	4.0	2.5	1694	$1,761	$1.04	45d	1	0.89mi
1761 Big Mountain Dr Birmingham, AL	4.0	2.0	1632	$1,575	$0.97	46d	1	0.91mi
1700 Serene Dr Birmingham, AL	4.0	1.5	1543	$1,630	$1.06	4d	1	0.99mi
607 Country View Dr Birmingham, AL	4.0	2.0	1568	$1,550	$0.99	25d	1	1.04mi
605 Country View Dr Birmingham, AL	3.0	2.0	1698	$1,560	$0.92	45d	1	1.04mi
2655 6th St NE Center Point, AL	3.0	2.0	1600	$1,390	$0.87	4d	1	1.04mi
113 19th Ave NW Center Point, AL	3.0	2.0	1407	$1,250	$0.89	13d	1	1.07mi
1830 Christian St Birmingham, AL	3.0	2.0	1468	$1,375	$0.94	4d	1	1.16mi
127 Fox Hill Ct Center Point, AL	3.0	2.0	1418	$1,545	$1.09	45d	1	1.28mi
1748 Sonia Dr Birmingham, AL	4.0	2.0	1401	$1,395	$1.00	45d	1	1.32mi
5240 Jean Dr Pinson, AL	4.0	2.0	1714	$1,695	$0.99	45d	1	1.34mi
1808 Brewster Rd Birmingham, AL	4.0	2.0	1548	$1,515	$0.98	45d	1	1.35mi
5010 Darlene Dr Pinson, AL	3.0	2.0	1914	$1,550	$0.81	25d	1	1.36mi
1760 Sonia Dr Birmingham, AL	3.0	2.0	1550	$1,635	$1.05	3d	1	1.36mi
236 E Haven Dr Birmingham, AL	3.0	1.5	1926	$1,495	$0.78	13d	1	1.38mi

Listing history 28 events

1. 2026-06-22
   statusdays on market $170,000 Active 88 DOM
2. 2026-06-19
   status $170,000 Contingent 85 DOM
3. 2026-06-18
   days on market $170,000 Active 85 DOM
4. 2026-06-17
   days on market $170,000 Active 84 DOM
5. 2026-06-16
   days on market $170,000 Active 83 DOM
6. 2026-06-15
   days on market $170,000 Active 82 DOM
7. 2026-06-13
   days on market $170,000 Active 80 DOM
8. 2026-06-10
   days on market $170,000 Active 77 DOM
9. 2026-06-09
   days on market $170,000 Active 76 DOM
10. 2026-06-08
    days on market $170,000 Active 75 DOM
11. 2026-06-07
    days on market $170,000 Active 74 DOM
12. 2026-06-03
    days on market $170,000 Active 70 DOM
13. 2026-06-02
    days on market $170,000 Active 69 DOM
14. 2026-06-01
    days on market $170,000 Active 68 DOM
15. 2026-05-31
    days on market $170,000 Active 67 DOM
16. 2026-05-04
    price $170,000 843-char remark

    Show marketing remark (843 chars)

    Welcome to this well-maintained and move-in ready home located in a quiet, established neighborhood. This charming 3-bedroom, 1.5-bathroom property offers a strong combination of comfort, space, and value—perfect for homeowners or investors alike. Inside, you’ll find a clean, well-kept interior that’s truly move-in ready, allowing buyers to settle in without immediate repairs or updates. The primary bedroom includes a private half bath, adding convenience and functionality. The partially finished basement provides flexible additional space—ideal for a second living area, home office, gym, or additional storage. The exterior features a durable brick and siding combination for long-term, low-maintenance appeal. Out back, enjoy a large backyard with plenty of room for entertaining, pets, or future improvements.

17. 2026-03-25
    listed $175,000 Active 843-char remark

    Show marketing remark (843 chars)

    Welcome to this well-maintained and move-in ready home located in a quiet, established neighborhood. This charming 3-bedroom, 1.5-bathroom property offers a strong combination of comfort, space, and value—perfect for homeowners or investors alike. Inside, you’ll find a clean, well-kept interior that’s truly move-in ready, allowing buyers to settle in without immediate repairs or updates. The primary bedroom includes a private half bath, adding convenience and functionality. The partially finished basement provides flexible additional space—ideal for a second living area, home office, gym, or additional storage. The exterior features a durable brick and siding combination for long-term, low-maintenance appeal. Out back, enjoy a large backyard with plenty of room for entertaining, pets, or future improvements.

18. 2023-04-10
    soldstatus $135,000
19. 2023-04-06
    soldstatus $135,000 Sold 826-char remark

    Show marketing remark (826 chars)

    Spacious ranch home with tons of living space! Featuring gorgeous hardwood floors and neutral finishes throughout, this is the blank slate you have been searching for to quickly become your new home sweet home. The eat-in kitchen is fully equipped with all major appliances so your home chef can immediately begin preparing memorable meals for loved ones. Your entire household can live comfortably with the finished basement offering plenty of flex space to suit any of your needs as an additional living area, playroom, home office, or whatever else you require! Extra storage space in the basement laundry area makes maintaining a clutter-free home a breeze so you can stress less about daily chores. Complete with a large backyard with no rear neighbors, you don’t want to miss this one. Schedule your showing today!

20. 2023-03-15
    status Pending 826-char remark

    Show marketing remark (826 chars)

    Spacious ranch home with tons of living space! Featuring gorgeous hardwood floors and neutral finishes throughout, this is the blank slate you have been searching for to quickly become your new home sweet home. The eat-in kitchen is fully equipped with all major appliances so your home chef can immediately begin preparing memorable meals for loved ones. Your entire household can live comfortably with the finished basement offering plenty of flex space to suit any of your needs as an additional living area, playroom, home office, or whatever else you require! Extra storage space in the basement laundry area makes maintaining a clutter-free home a breeze so you can stress less about daily chores. Complete with a large backyard with no rear neighbors, you don’t want to miss this one. Schedule your showing today!

21. 2023-02-23
    price $139,900 826-char remark

    Show marketing remark (826 chars)

    Spacious ranch home with tons of living space! Featuring gorgeous hardwood floors and neutral finishes throughout, this is the blank slate you have been searching for to quickly become your new home sweet home. The eat-in kitchen is fully equipped with all major appliances so your home chef can immediately begin preparing memorable meals for loved ones. Your entire household can live comfortably with the finished basement offering plenty of flex space to suit any of your needs as an additional living area, playroom, home office, or whatever else you require! Extra storage space in the basement laundry area makes maintaining a clutter-free home a breeze so you can stress less about daily chores. Complete with a large backyard with no rear neighbors, you don’t want to miss this one. Schedule your showing today!

22. 2023-02-04
    price $142,900 826-char remark

    Show marketing remark (826 chars)

    Spacious ranch home with tons of living space! Featuring gorgeous hardwood floors and neutral finishes throughout, this is the blank slate you have been searching for to quickly become your new home sweet home. The eat-in kitchen is fully equipped with all major appliances so your home chef can immediately begin preparing memorable meals for loved ones. Your entire household can live comfortably with the finished basement offering plenty of flex space to suit any of your needs as an additional living area, playroom, home office, or whatever else you require! Extra storage space in the basement laundry area makes maintaining a clutter-free home a breeze so you can stress less about daily chores. Complete with a large backyard with no rear neighbors, you don’t want to miss this one. Schedule your showing today!

23. 2023-01-19
    listed $144,500 Active 826-char remark

    Show marketing remark (826 chars)

    Spacious ranch home with tons of living space! Featuring gorgeous hardwood floors and neutral finishes throughout, this is the blank slate you have been searching for to quickly become your new home sweet home. The eat-in kitchen is fully equipped with all major appliances so your home chef can immediately begin preparing memorable meals for loved ones. Your entire household can live comfortably with the finished basement offering plenty of flex space to suit any of your needs as an additional living area, playroom, home office, or whatever else you require! Extra storage space in the basement laundry area makes maintaining a clutter-free home a breeze so you can stress less about daily chores. Complete with a large backyard with no rear neighbors, you don’t want to miss this one. Schedule your showing today!

24. 2022-07-27
    price $129,750
25. 2022-07-14
    price $134,900
26. 2021-09-21
    soldstatus $102,750
27. 2009-12-21
    soldstatus $87,900
28. 1994-08-26
    soldstatus $65,000

ⓘ 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: $896 · $75/mo
• Projected year-2 tax: $896 · $75/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 ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,565
• − Mortgage interest: −$9,523
• − Property taxes: −$896
• − Insurance: −$850
• − Repairs & maintenance: −$1,405
• − Management: −$1,405
• − Depreciation: −$4,945
• Taxable loss: −$1,459
• Est. tax savings @ 24.0%: +$350
• After-tax cash flow: $1,783/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Center Point

• Score: 63/100
• State rank: #193
• US rank: #15671

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Center Point, AL
• County: Jefferson County · 527,445 people
• City population: 43,903
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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 Black (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• Metro: Birmingham-Hoover, 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

+161.5% since first listed

13 events — show timeline

• 2026-05-04 Price Changed $170,000 Greater Alabama MLS
• 2026-03-25 Listed $175,000 Greater Alabama MLS
• 2023-04-10 Sold (Public Records) $135,000 Public Records
• 2023-04-06 Sold (MLS) $135,000 Greater Alabama MLS
• 2023-03-15 Pending — Greater Alabama MLS
• 2023-02-23 Price Changed $139,900 Greater Alabama MLS
• 2023-02-04 Price Changed $142,900 Greater Alabama MLS
• 2023-01-19 Listed $144,500 Greater Alabama MLS
• 2022-07-27 Price Changed $129,750 Greater Alabama MLS
• 2022-07-14 Price Changed $134,900 Greater Alabama MLS
• 2021-09-21 Sold (Public Records) $102,750 Public Records
• 2009-12-21 Sold (Public Records) $87,900 Public Records
• 1994-08-26 Sold (Public Records) $65,000 Public Records

Property tax history

+2.5%/yr

Latest (2025): $896 · +7.4% YoY. Source: county tax records.