115 Price St · Brookside, AL 35073

$90,000

3 bd · 1.0 ba · 1,250 sqft · SingleFamily public records · 155 Days on market

Built 1927 8,712 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.1/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Amazing house in Graysville with 4 bedrooms and 2 bathrooms. An area with different interior features included both inside and outside.

Key facts

• Huge front porch
• Large backyard
• Storage building

Tags

• CRAFTSMAN STYLE EXTERIOR
• HUGE FRONT PORCH
• LARGE BACKYARD
• SPACIOUS DECK
• STORAGE BUILDING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $564 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 54/100 on livability (#465 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D+, crime D, 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.
• Zoned schools: Brookville Elementary School (math 17% / reading 22%, grade F, #467 of 627 statewide, top 76%, 187 students, 79% FRL); Gardendale High School (math 21% / reading 28%, grade F, #118 of 305 statewide, top 45%, 1,047 students, 48% FRL).
• Market conditions: 21 active listings in the ZIP; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($622 loan paydown + $4k appreciation (4.1% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.1% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 155 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $18k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 155 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — 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. 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.
8. 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.
9. 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: 1.60% ✓
• Cap rate: 13.81%
• Cash-on-cash: 26.85%
• DSCR: 2.19
• GRM: 5.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.12% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.8%
• Equity multiple: 3.07×
• Total profit: $52,194
• Equity at exit: $46,261

10-year hold

• IRR: 33.9%
• Equity multiple: 6.12×
• Total profit: $129,066
• Equity at exit: $76,170

Cash invested: $25,200 (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 35073

• Home prices YoY: 2.4%
• Active inventory: 21
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,440 medium
• Mortgage (P&I): −$472
• Tax from tax record: −$64 /mo · $770/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $564

Break-even live

Break-even rent $726

Max offer price $90,000

Occupancy floor 56%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-03-26
   soldstatus $78,600
2. 2026-03-11
   status Pending
3. 2026-01-29
   price $90,000
4. 2026-01-08
   price $95,000
5. 2025-10-07
   listed $108,000 Active
6. 2025-08-05
   price $100,000
7. 2025-02-15
   price $108,000
8. 2025-01-10
   price $120,000
9. 2024-11-01
   price $124,000
10. 2021-03-03
    soldstatus $106,000
11. 2021-02-26
    soldstatus $106,000 135-char remark

    Show marketing remark (135 chars)

    Amazing house in Graysville with 4 bedrooms and 2 bathrooms. An area with different interior features included both inside and outside.

12. 2020-12-21
    listed $106,000 135-char remark

    Show marketing remark (135 chars)

    Amazing house in Graysville with 4 bedrooms and 2 bathrooms. An area with different interior features included both inside and outside.

13. 2020-10-27
    soldstatus $75,000
14. 2020-09-23
    soldstatus $49,000
15. 2020-09-16
    soldstatus $49,000 Sold
16. 2020-08-15
    status Pending
17. 2020-08-10
    listed $55,000 Active
18. 1987-11-19
    soldstatus $25,000

ⓘ 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: $770 · $64/mo
• Projected year-2 tax: $770 · $64/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,279
• − Mortgage interest: −$5,041
• − Property taxes: −$770
• − Insurance: −$450
• − Repairs & maintenance: −$1,382
• − Management: −$1,382
• − Depreciation: −$2,618
• Taxable income: $5,635
• Est. tax owed @ 24.0%: −$1,352
• After-tax cash flow: $5,414/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 — Brookside

• Score: 54/100
• State rank: #465
• US rank: #24004

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookside, AL
• City population: 175
• Population (ZIP): 2,839

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 (69%)
• Race & ethnicity: White 69% Black 27% Two or more races 4%
• Common ancestry: Iranian 2% Slovak 1% Lithuanian 1%
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 1%

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: ▲ 4.12%
• Current HPI: 176.8227
• 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

+214.4% since first listed

18 events — show timeline

• 2026-03-26 Sold (Public Records) $78,600 Public Records
• 2026-03-11 Pending — Greater Alabama MLS
• 2026-01-29 Price Changed $90,000 Greater Alabama MLS
• 2026-01-08 Price Changed $95,000 Greater Alabama MLS
• 2025-10-07 Listed $108,000 Greater Alabama MLS
• 2025-08-05 Price Changed $100,000 Greater Alabama MLS
• 2025-02-15 Price Changed $108,000 Greater Alabama MLS
• 2025-01-10 Price Changed $120,000 Greater Alabama MLS
• 2024-11-01 Price Changed $124,000 Greater Alabama MLS
• 2021-03-03 Sold (Public Records) $106,000 Public Records
• 2021-02-26 Sold (MLS) $106,000 Greater Alabama MLS
• 2020-12-21 Listed $106,000 Greater Alabama MLS
• 2020-10-27 Sold (Public Records) $75,000 Public Records
• 2020-09-23 Sold (Public Records) $49,000 Public Records
• 2020-09-16 Sold (MLS) $49,000 Greater Alabama MLS
• 2020-08-15 Pending — Greater Alabama MLS
• 2020-08-10 Listed $55,000 Greater Alabama MLS
• 1987-11-19 Sold (Public Records) $25,000 Public Records

Property tax history

+11.8%/yr

Latest (2025): $770 · +0.0% YoY. Source: county tax records.