2720 2nd St NW · Center Point, AL 35215

$122,500

3 bd · 1.5 ba · 1,192 sqft · SingleFamily public records · 7 Days on market

Built 1957 0.86 ac lot $103/sqft · 21% below area Est $154k · 21% 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 +23.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +5.9/10.0
• 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

This is it!! Check out this great property today! Excellent rental or cozy home! Full unfinished basement for future expansion. Quite street. Recently rehabbed. Schedule your showing today!!!

Key facts

• One-car garage
• Large backyard
• Eat-in kitchen

Tags

• HARDWOOD FLOORS
• EAT-IN KITCHEN
• LARGE BACKYARD
• ONE-CAR GARAGE

Property features AI

Finance

• Financial info: Garbage fee of $33 monthly

Exterior

• Parking: Basement parking; Driveway parking; Side garage entry; 1 total garage space (1 in basement)
• Utilities: Public water; Sewer connected; Electric water heater; Internet service availability: Unknown
• Home design: Existing year built description; Basement foundation; Construction: Brick over foundation and vinyl siding
• Construction: Basement foundation
• Exterior features: Fenced yard; Porch; Open deck; Corner lot with some trees in a subdivision

Interior

• Kitchen: Laminate countertops; Electric cooktop; Electric oven
• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level
• Flooring: Hardwood floors
• Bathrooms: One full bathroom with tub/shower combo (main level)
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; Safe room / storm cellar; Tri-level: No; Split level: No; Split foyer: No
• Laundry & utility: Laundry in basement; Washer/dryer utilities located in garage; Dryer hookup: Electric

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $122k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $122k).

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: Erwin Intermediate School (math 3% / reading 14%, grade F, #596 of 627 statewide, top 95%, 502 students, 92% FRL); Center Point High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 774 students, 91% FRL) — zoned schools average 91% FRL vs 49% district-wide (43 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 6% at this address vs 20% district-wide (-15 pts) — the specific schools serving this property underperform the Jefferson County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.0%/yr); 333 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $847 of loan paydown is wiped out by about $4k 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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 14y 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 $90k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,500

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.09% ✓
• Cap rate: 8.60%
• Cash-on-cash: 8.24%
• DSCR: 1.37
• GRM: 7.6

CMA / ARV

• ARV (median comp): $154,366
• List price: $122,500
• Delta: -19.35%
• 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
2532 2nd Pl NW	0.19mi	3/1.0	1,132 (-5%)	0mo	$120,000	$106	80
316 25th Ave NW	0.34mi	3/1.5	1,200 (+1%)	6mo	$130,000	$108	78
217 23rd Ter NW	0.56mi	3/1.5	1,232 (+3%)	4mo	$86,000	$70	65
227 27th Court Cir NW	0.22mi	3/2.0	1,338 (+12%)	8mo	$60,000	$45	61
317 Sunhill Rd NW	0.43mi	2/2.0 (-1)	1,144 (-4%)	7mo	$85,000	$74	60
404 NW Sunhill Rd	0.38mi	3/1.5	1,100 (-8%)	12mo	$107,000	$97	59
440 27th Ave NW	0.48mi	3/2.0	1,280 (+7%)	10mo	$172,000	$134	55
208 Glenvalley Ln NW	0.33mi	4/2.0 (+1)	1,306 (+10%)	12mo	$162,000	$124	52
2332 3rd St NW	0.60mi	3/1.0	1,336 (+12%)	3mo	$110,000	$82	47
101 23rd Ter NW	0.58mi	3/1.0	1,049 (-12%)	5mo	$114,000	$109	47
517 Sunhill Rd NW	0.56mi	3/1.0	1,340 (+12%)	7mo	$120,000	$90	46
2537 3rd St NE	0.69mi	3/1.0	1,040 (-13%)	13mo	$85,000	$82	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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: -6.5%
• Equity multiple: 0.76×
• Total profit: $-8,302
• Equity at exit: $18,265

10-year hold

• IRR: 3.2%
• Equity multiple: 1.23×
• Total profit: $7,905
• Equity at exit: $10,592

Cash invested: $34,300 (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: 333
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,340 high
• Mortgage (P&I): −$642
• Tax from tax record: −$130 /mo · $1,558/yr
• Insurance: −$51
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $180

Break-even live

Break-even rent $1,112

Max offer price $122,500

Occupancy floor 82%

Sensitivity live

Price	-10% $249	-5% $215	+0% $180	+5% $145	+10% $111
Rent	-10% $74	-5% $127	+0% $180	+5% $233	+10% $286
Rate	-1.0pp $242	-0.5pp $211	base $180	+0.5pp $148	+1.0pp $116

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: $30,625
• Closing costs: $3,675
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
127 Fox Hill Ct Center Point, AL	3.0	2.0	1418	$1,545	$1.09	45d	1	0.21mi
408 Sunhill Rd NW Center Point, AL	3.0	1.5	1290	$1,355	$1.05	45d	1	0.35mi
232 Glenvalley Ln NW Birmingham, AL	4.0	2.0	954	$1,610	$1.69	4d	1	0.38mi
202 Westchester Dr Birmingham, AL	4.0	2.0	1374	$1,300	$0.95	25d	1	0.46mi
2613 5th St NW Center Point, AL	3.0	1.0	1170	$1,150	$0.98	12d	1	0.47mi
109 24th Ave NW Center Point, AL	3.0	1.5	1023	$1,215	$1.19	45d	1	0.50mi
2416 4th St NW Center Point, AL	4.0	2.0	1400	$1,500	$1.07	25d	1	0.53mi
2412 4th St NW Center Point, AL	3.0	1.0	1224	$1,150	$0.94	17d	1	0.54mi
2629 Wood Dr NE Center Point, AL	3.0	1.0	1203	$1,250	$1.04	45d	1	0.57mi
3309 Chase Ln Unit 3309 Birmingham, AL	2.0	2.0	1068	$1,000	$0.94	45d	1	0.66mi
2323 4th St NW Center Point, AL	3.0	1.0	1038	$1,305	$1.26	4d	1	0.68mi
2318 Raintree Ct Center Point, AL	2.0	1.0	975	$1,100	$1.13	4d	2	0.70mi
2537 3rd St NE Center Point, AL	3.0	2.0	1040	$1,350	$1.30	25d	1	0.70mi
3073 Panorama E Birmingham, AL	1.0–3.0	1.0–2.0	975	$1,275	$1.31	3d	20	0.70mi
2245 3rd St NW Center Point, AL	3.0	1.0	1156	$1,100	$0.95	25d	1	0.75mi
319 23rd Ave NW Center Point, AL	3.0	2.0	1284	$1,395	$1.09	45d	1	0.77mi
2320 5th St NW Center Point, AL	3.0	1.0	1098	$1,150	$1.05	45d	1	0.77mi
2324 3rd St NE Center Point, AL	3.0	2.0	1329	$1,300	$0.98	25d	1	0.83mi
2245 3rd St NE Center Point, AL	3.0	1.0	1150	$1,100	$0.96	25d	1	0.99mi
332 23rd Ave NE Center Point, AL	3.0	1.0	1100	$1,350	$1.23	4d	1	1.05mi
2229 3rd St NE Center Point, AL	3.0	1.0	1215	$1,125	$0.93	25d	1	1.07mi
2708 7th St NE Center Point, AL	3.0	1.0	1451	$1,150	$0.79	45d	1	1.08mi
424 Tupelo Way Center Point, AL	4.0	2.0	1233	$1,300	$1.05	45d	1	1.15mi
5992 Princess Blvd Birmingham, AL	3.0	2.0	1454	$1,661	$1.14	45d	1	1.16mi
124 21st Ave NE Unit 202 Center Point, AL	2.0	1.0	830	$750	$0.90	17d	1	1.16mi
149 Martin Dr Birmingham, AL	3.0	2.0	1164	$1,485	$1.28	25d	1	1.20mi
123 21st Ave NE Center Point, AL	2.0	1.0	850	$800	$0.94	45d	1	1.21mi
2249 4th Place Cir NE Center Point, AL	3.0	1.5	1400	$1,400	$1.00	45d	1	1.25mi
401 22nd Ave NE Center Point, AL	2.0	1.5	850	$745	$0.88	17d	1	1.27mi
2109 Whetstone Ct Center Point, AL	2.0	1.5	800	$675	$0.84	4d	1	1.30mi
107 Sterling Ct NW Center Point, AL	2.0	1.5–2.0	1026	$1,062	$1.04	4d	4	1.30mi
212 Saint John Dr NW Birmingham, AL	2.0	2.0	1445	$1,423	$0.98	15d	1	1.30mi
1905 2nd St NW Center Point, AL	3.0	1.0	1258	$1,395	$1.11	45d	1	1.33mi
113 19th Ave NW Center Point, AL	3.0	2.0	1407	$1,250	$0.89	12d	1	1.38mi
305 18th Ct NW Center Point, AL	3.0	1.5	1270	$1,100	$0.87	45d	1	1.45mi

Listing history 27 events

1. 2026-06-18
   days on market $122,500 Active 7 DOM
2. 2026-06-17
   days on market $122,500 Active 6 DOM
3. 2026-06-16
   days on market $122,500 Active 5 DOM
4. 2026-06-15
   days on market $122,500 Active 4 DOM
5. 2026-06-13
   remarks 646-char remark
6. 2026-06-13
   pricedays on marketlisting id $122,500 Active 2 DOM
7. 2026-06-08
   days on market $124,500 Active 135 DOM
8. 2026-06-07
   days on market $124,500 Active 134 DOM
9. 2026-06-03
   days on market $124,500 Active 130 DOM
10. 2026-06-02
    days on market $124,500 Active 129 DOM
11. 2026-06-01
    days on market $124,500 Active 128 DOM
12. 2026-05-31
    days on market $124,500 Active 127 DOM
13. 2026-04-23
    status Active 530-char remark
14. 2026-04-14
    historical 530-char remark
15. 2026-02-12
    price $124,500 530-char remark
16. 2026-01-12
    listed $134,500 Active 530-char remark
17. 2022-03-21
    price $1,225
18. 2021-06-24
    soldstatus $89,900
19. 2021-06-21
    soldstatus $89,900 Sold 191-char remark

    Show marketing remark (191 chars)

    This is it!! Check out this great property today! Excellent rental or cozy home! Full unfinished basement for future expansion. Quite street. Recently rehabbed. Schedule your showing today!!!

20. 2021-05-24
    historical Contingent 191-char remark

    Show marketing remark (191 chars)

    This is it!! Check out this great property today! Excellent rental or cozy home! Full unfinished basement for future expansion. Quite street. Recently rehabbed. Schedule your showing today!!!

21. 2021-05-04
    listed $89,900 Active 191-char remark

    Show marketing remark (191 chars)

    This is it!! Check out this great property today! Excellent rental or cozy home! Full unfinished basement for future expansion. Quite street. Recently rehabbed. Schedule your showing today!!!

22. 2016-06-08
    soldstatus $392,875
23. 2013-03-19
    soldstatus $215,000
24. 2012-10-29
    soldstatus $22,000
25. 2012-06-08
    listed $25,000
26. 2005-10-28
    soldstatus $87,850
27. 1997-03-31
    soldstatus $63,500

ⓘ 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: $1,558 · $130/mo
• Projected year-2 tax: $1,558 · $130/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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,081
• − Mortgage interest: −$6,862
• − Property taxes: −$1,558
• − Insurance: −$1,279
• − Repairs & maintenance: −$1,287
• − Management: −$1,287
• − Depreciation: −$3,564
• Taxable income: $246
• Est. tax owed @ 24.0%: −$59
• After-tax cash flow: $2,099/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

+92.9% since first listed

13 events — show timeline

• 2026-06-11 Listed $122,500 Greater Alabama MLS
• 2026-02-12 Price Changed $124,500 Greater Alabama MLS
• 2022-03-21 Price Changed $1,225 RENT.
• 2021-06-24 Sold (Public Records) $89,900 Public Records
• 2021-06-21 Sold (MLS) $89,900 Greater Alabama MLS
• 2021-05-24 Contingent — Greater Alabama MLS
• 2021-05-04 Listed $89,900 Greater Alabama MLS
• 2016-06-08 Sold (Public Records) $392,875 Public Records
• 2013-03-19 Sold (Public Records) $215,000 Public Records
• 2012-10-29 Sold (MLS) $22,000 Greater Alabama MLS
• 2012-06-08 Listed $25,000 Greater Alabama MLS
• 2005-10-28 Sold (Public Records) $87,850 Public Records
• 1997-03-31 Sold (Public Records) $63,500 Public Records

Property tax history

+5.7%/yr

Latest (2025): $1,558 · +7.0% YoY. Source: county tax records.