908 Highbury Dr · Center Point, AL 35215

$99,900

3 bd · 1.0 ba · 1,124 sqft · SingleFamily public records · 26 Days on market

Built 1964 0.36 ac lot $89/sqft · 47% below area Est $190k · 47% 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
• DSCR +10.0/10.0
• 1% rule +8.3/10.0
• 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 home in the heart of Birmingham, located within Jefferson County. This property offers a spacious and functional floor plan with multiple living areas, making it ideal for both everyday living and entertaining. Featuring generously sized bedrooms, a bright and inviting living space, and a kitchen with ample cabinet storage, this home provides comfort and versatility. The layout allows for flexibility with potential for a home office, guest space, or additional family room. Step outside to enjoy a sizable yard, perfect for outdoor gatherings or relaxing evenings. Conveniently situated near shopping, dining, and major roadways, offering easy access to surrounding areas and downtown Birmingham.

Key facts

• Sizable yard
• Spacious floor plan
• 0.36 acre lot

Tags

• SPACIOUS FLOOR PLAN
• MULTIPLE LIVING AREAS
• AMPLE CABINET STORAGE
• SIZABLE YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $384 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.9% vs local median 7.3% in Center Point — 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 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, schools F, amenities 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.
• Market conditions: Rents rising (+3.0%/yr); 334 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 30% 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 $691 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 2 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

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $98,401 (1.5% below list)

Questions for the listing agent

1. Built in 1964 — 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. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.33% ✓
• Cap rate: 10.91%
• Cash-on-cash: 16.49%
• DSCR: 1.73
• GRM: 6.3

CMA / ARV

• ARV (median comp): $189,895
• List price: $99,900
• Delta: -47.39%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
601 23rd Ave NE	0.49mi	3/1.0	1,186 (+6%)	1mo	$79,500	$67	67
5026 Curtis Dr	0.41mi	3/2.0	1,126 (+0%)	12mo	$200,000	$178	67
912 Windover Rd	0.12mi	3/2.0	1,247 (+11%)	9mo	$105,000	$84	65
1833 Lyle Dr	0.73mi	3/1.5	1,054 (-6%)	2mo	$170,000	$161	52
2617 NE 6th St	0.75mi	3/2.0	1,172 (+4%)	3mo	$180,000	$154	51
2105 5th St NE	0.64mi	3/2.0	1,232 (+10%)	7mo	$183,500	$149	44
509 20th Ave NE	0.72mi	3/1.5	1,008 (-10%)	7mo	$95,000	$94	41
904 29th Ave NE	0.67mi	3/1.5	1,234 (+10%)	12mo	$137,000	$111	40
516 20th Ct NE	0.61mi	4/2.0 (+1)	1,224 (+9%)	10mo	$173,500	$142	40
4269 Fieldstone Way	0.58mi	2/2.0 (-1)	1,276 (+14%)	4mo	$184,900	$145	38
5222 Sterling Glen Dr	0.61mi	2/2.0 (-1)	1,224 (+9%)	14mo	$188,000	$154	36
2080 Willow Glenn Dr	0.68mi	2/2.0 (-1)	1,276 (+14%)	11mo	$175,500	$138	27

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: 7.6%
• Equity multiple: 1.30×
• Total profit: $8,352
• Equity at exit: $14,895

10-year hold

• IRR: 16.9%
• Equity multiple: 2.40×
• Total profit: $39,028
• Equity at exit: $8,638

Cash invested: $27,972 (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: 334
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,324 high
• Mortgage (P&I): −$524
• Tax from tax record: −$96 /mo · $1,149/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $384

Break-even live

Break-even rent $837

Max offer price $99,900

Occupancy floor 66%

Sensitivity live

Price	-10% $441	-5% $413	+0% $384	+5% $356	+10% $328
Rent	-10% $280	-5% $332	+0% $384	+5% $437	+10% $489
Rate	-1.0pp $435	-0.5pp $410	base $384	+0.5pp $359	+1.0pp $332

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2415 Ormond Dr Center Point, AL	3.0	1.5	1194	$1,295	$1.08	44d	1	0.17mi
856 Parkbrook Trl Birmingham, AL	1.0–3.0	1.0–2.0	925	$1,180	$1.28	2d	10	0.52mi
2249 4th Place Cir NE Center Point, AL	3.0	1.5	1400	$1,400	$1.00	44d	1	0.61mi
2708 7th St NE Center Point, AL	3.0	1.0	1451	$1,150	$0.79	44d	1	0.64mi
509 20th Ave NE Center Point, AL	3.0	1.5	1008	$1,200	$1.19	24d	1	0.72mi
1814 Valley Run Cir Birmingham, AL	3.0	1.0	1025	$1,350	$1.32	44d	1	0.74mi
332 23rd Ave NE Center Point, AL	3.0	1.0	1100	$1,350	$1.23	3d	1	0.78mi
1817 Lyle Dr Birmingham, AL	4.0	2.0	1361	$1,605	$1.18	24d	1	0.79mi
1935 Springlake Ct Unit 1 Birmingham, AL	2.0	1.5	1152	$1,095	$0.95	44d	1	0.83mi
2025 Brewster Rd Birmingham, AL	3.0	2.0	1369	$1,450	$1.06	24d	1	0.84mi
2109 Whetstone Ct Center Point, AL	2.0	1.5	800	$675	$0.84	3d	1	0.87mi
401 22nd Ave NE Center Point, AL	2.0	1.5	850	$745	$0.88	16d	1	0.87mi
2245 3rd St NE Center Point, AL	3.0	1.0	1150	$1,100	$0.96	24d	1	0.95mi
2324 3rd St NE Center Point, AL	3.0	2.0	1329	$1,300	$0.98	24d	1	0.96mi
2537 3rd St NE Center Point, AL	3.0	2.0	1040	$1,350	$1.30	24d	1	0.96mi
2229 3rd St NE Center Point, AL	3.0	1.0	1215	$1,125	$0.93	24d	1	0.97mi
1845 Stonehenge Dr Birmingham, AL	3.0	2.0	1358	$1,323	$0.97	15d	1	1.00mi
4464 Winchester Hills Way Birmingham, AL	3.0	2.0	1178	$1,750	$1.49	44d	1	1.08mi
4464 Winchester Hills Ln Pinson, AL	3.0	2.0	1500	$1,750	$1.17	12d	1	1.09mi
2629 Wood Dr NE Center Point, AL	3.0	1.0	1203	$1,250	$1.04	44d	1	1.09mi
1830 Christian St Birmingham, AL	3.0	2.0	1468	$1,375	$0.94	3d	1	1.14mi
2504 Beechwood Trl Pinson, AL	3.0	2.0	1359	$1,435	$1.06	22d	1	1.16mi
1748 Sonia Dr Birmingham, AL	4.0	2.0	1401	$1,395	$1.00	44d	1	1.20mi
124 21st Ave NE Unit 202 Center Point, AL	2.0	1.0	830	$750	$0.90	16d	1	1.21mi
1104 Oak Creek Trl NE Birmingham, AL	3.0	2.0	1233	$1,543	$1.25	2d	1	1.23mi
123 21st Ave NE Center Point, AL	2.0	1.0	850	$800	$0.94	44d	1	1.24mi
3309 Chase Ln Unit 3309 Birmingham, AL	2.0	2.0	1068	$1,000	$0.94	44d	1	1.31mi
2258 Cheshire Dr Birmingham, AL	2.0	2.0	1152	$1,050	$0.91	44d	1	1.33mi
2358 Grayson Valley Cir Birmingham, AL	3.0	3.0	1320	$1,503	$1.14	12d	1	1.36mi
2350 Grayson Valley Cir Birmingham, AL	3.0	2.5	1380	$1,595	$1.16	44d	1	1.37mi
109 24th Ave NW Center Point, AL	3.0	1.5	1023	$1,215	$1.19	44d	1	1.39mi
2345 Grayson Valley Cir Birmingham, AL	2.0	1.5	1056	$1,150	$1.09	3d	1	1.41mi
2318 Raintree Ct Center Point, AL	2.0	1.0	975	$1,100	$1.13	3d	2	1.41mi
5528 Saint James St Birmingham, AL	2.0	1.5	1072	$1,150	$1.07	44d	1	1.42mi
5531 Saint James St Birmingham, AL	2.0	1.5	1072	$950	$0.89	44d	1	1.43mi
127 Fox Hill Ct Center Point, AL	3.0	2.0	1418	$1,545	$1.09	44d	1	1.45mi
2463 Hampstead Dr Birmingham, AL	2.0	1.5	1100	$1,127	$1.02	3d	1	1.46mi
3073 Panorama E Birmingham, AL	1.0–3.0	1.0–2.0	975	$1,275	$1.31	2d	20	1.46mi

Listing history 7 events

1. 2026-05-15
   status Pending 732-char remark

   Show marketing remark (732 chars)

   Welcome to this well-maintained home in the heart of Birmingham, located within Jefferson County. This property offers a spacious and functional floor plan with multiple living areas, making it ideal for both everyday living and entertaining. Featuring generously sized bedrooms, a bright and inviting living space, and a kitchen with ample cabinet storage, this home provides comfort and versatility. The layout allows for flexibility with potential for a home office, guest space, or additional family room. Step outside to enjoy a sizable yard, perfect for outdoor gatherings or relaxing evenings. Conveniently situated near shopping, dining, and major roadways, offering easy access to surrounding areas and downtown Birmingham.

2. 2026-04-18
   listed $99,900 Active 732-char remark

   Show marketing remark (732 chars)

   Welcome to this well-maintained home in the heart of Birmingham, located within Jefferson County. This property offers a spacious and functional floor plan with multiple living areas, making it ideal for both everyday living and entertaining. Featuring generously sized bedrooms, a bright and inviting living space, and a kitchen with ample cabinet storage, this home provides comfort and versatility. The layout allows for flexibility with potential for a home office, guest space, or additional family room. Step outside to enjoy a sizable yard, perfect for outdoor gatherings or relaxing evenings. Conveniently situated near shopping, dining, and major roadways, offering easy access to surrounding areas and downtown Birmingham.

3. 2022-03-01
   soldstatus $119,518
4. 2019-10-29
   soldstatus $73,000 Sold 304-char remark

   Show marketing remark (304 chars)

   Are you ready to invest? This house may be the perfect place to start. Are you looking for a house you can turn into a home. This one is it. Metal roof. 4 Bedrooms 2 Bathrooms. LARGE kitchen with a lot of cabinets. Great fenced in back yard! Great space to entertain inside or outside. Large Back Deck.

5. 2019-10-11
   historical Contingent 304-char remark

   Show marketing remark (304 chars)

   Are you ready to invest? This house may be the perfect place to start. Are you looking for a house you can turn into a home. This one is it. Metal roof. 4 Bedrooms 2 Bathrooms. LARGE kitchen with a lot of cabinets. Great fenced in back yard! Great space to entertain inside or outside. Large Back Deck.

6. 2019-09-12
   listed $90,000 Active 304-char remark

   Show marketing remark (304 chars)

   Are you ready to invest? This house may be the perfect place to start. Are you looking for a house you can turn into a home. This one is it. Metal roof. 4 Bedrooms 2 Bathrooms. LARGE kitchen with a lot of cabinets. Great fenced in back yard! Great space to entertain inside or outside. Large Back Deck.

7. 1987-09-01
   soldstatus $34,400

ⓘ 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: $1,149 · $96/mo
• Projected year-2 tax: $1,149 · $96/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 · 17 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: $15,884
• − Mortgage interest: −$5,596
• − Property taxes: −$1,149
• − Insurance: −$500
• − Repairs & maintenance: −$1,271
• − Management: −$1,271
• − Depreciation: −$2,906
• Taxable income: $3,192
• Est. tax owed @ 24.0%: −$766
• After-tax cash flow: $3,847/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

• 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

+190.4% since first listed

7 events — show timeline

• 2026-05-15 Pending — Greater Alabama MLS
• 2026-04-18 Listed $99,900 Greater Alabama MLS
• 2022-03-01 Sold (Public Records) $119,518 Public Records
• 2019-10-29 Sold (MLS) $73,000 Greater Alabama MLS
• 2019-10-11 Contingent — Greater Alabama MLS
• 2019-09-12 Listed $90,000 Greater Alabama MLS
• 1987-09-01 Sold (Public Records) $34,400 Public Records

Property tax history

+6.5%/yr

Latest (2025): $1,149 · +7.0% YoY. Source: county tax records.