3608 Warrior Jasper Rd · Graysville, AL 35180

$132,000

2 bd · 1.0 ba · 800 sqft · SingleFamily public records · 104 Days on market

Built 1960 0.71 ac lot $165/sqft · 24% below area Est $174k · 24% 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 +20.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +4.1/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming starter home with classic character and cozy appeal. This home features a functional layout, comfortable living spaces, and plenty of potential to make it your own. Perfect for first-time buyers or those looking to downsize, it offers a warm inviting atmosphere and the opportunity to add personal touches. Bring your vision and make it your own!

Key facts

• 0.71 acre lot
• 2 parking spots
• Built 1960

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $132k.

Deal economics

• At list price, monthly cash flow is $113 ($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 $120k (8.7% below list).
• Recommended offer: $120k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#321 in AL) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute 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: 117 active listings in the ZIP; 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 $913 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

• It's been on market 104 days — a 9% lower offer ($120k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $8k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $120,120 (9.0% below list)

Questions for the listing agent

1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.91% ✗
• Cap rate: 7.83%
• Cash-on-cash: 5.48%
• DSCR: 1.24
• GRM: 9.1

CMA / ARV

• ARV (median comp): $174,215
• List price: $132,000
• Delta: -24.23%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -10.6%
• Equity multiple: 0.62×
• Total profit: $-14,200
• Equity at exit: $19,682

10-year hold

• IRR: -1.3%
• Equity multiple: 0.91×
• Total profit: $-3,182
• Equity at exit: $11,413

Cash invested: $36,960 (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 35180

• Home prices YoY: -11.3%
• Active inventory: 117
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,205 medium
• Mortgage (P&I): −$692
• Tax from tax record: −$36 /mo · $429/yr
• Insurance: −$55
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $113

Break-even live

Break-even rent $1,061

Max offer price $132,000

Occupancy floor 86%

Sensitivity live

Price	-10% $188	-5% $151	+0% $113	+5% $76	+10% $39
Rent	-10% $18	-5% $66	+0% $113	+5% $161	+10% $208
Rate	-1.0pp $180	-0.5pp $147	base $113	+0.5pp $79	+1.0pp $44

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: $33,000
• Closing costs: $3,960
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $132,000 Active 104 DOM
2. 2026-06-17
   days on market $132,000 Active 103 DOM
3. 2026-06-16
   days on market $132,000 Active 102 DOM
4. 2026-06-15
   days on market $132,000 Active 101 DOM
5. 2026-06-13
   pricedays on market $132,000 Active 99 DOM
6. 2026-06-10
   days on market $136,000 Active 96 DOM
7. 2026-06-09
   days on market $136,000 Active 95 DOM
8. 2026-06-08
   days on market $136,000 Active 94 DOM
9. 2026-06-07
   days on market $136,000 Active 93 DOM
10. 2026-06-03
    days on market $136,000 Active 89 DOM
11. 2026-06-02
    days on market $136,000 Active 88 DOM
12. 2026-06-01
    days on market $136,000 Active 87 DOM
13. 2026-05-31
    days on market $136,000 Active 86 DOM
14. 2026-04-10
    price $136,000 355-char remark

    Show marketing remark (355 chars)

    Charming starter home with classic character and cozy appeal. This home features a functional layout, comfortable living spaces, and plenty of potential to make it your own. Perfect for first-time buyers or those looking to downsize, it offers a warm inviting atmosphere and the opportunity to add personal touches. Bring your vision and make it your own!

15. 2026-03-06
    listed $140,000 Active 355-char remark

    Show marketing remark (355 chars)

    Charming starter home with classic character and cozy appeal. This home features a functional layout, comfortable living spaces, and plenty of potential to make it your own. Perfect for first-time buyers or those looking to downsize, it offers a warm inviting atmosphere and the opportunity to add personal touches. Bring your vision and make it your own!

16. 2023-12-22
    soldstatus $120,000
17. 2023-12-21
    soldstatus $120,000 Sold 474-char remark

    Show marketing remark (474 chars)

    Charming 3 bedroom 1 bath full brick home in Corner, AL. This home boasts a cozy living room, a separate dining room, and kitchen with all appliances to remain. The home also features an unfinished partial basement, offering ample storage space. Enjoy the timeless appeal of brick architecture and the convenience of a sought after community. Don't miss the opportunity to make this house your home in this welcoming community! Give me or your favorite realtor a call today!

18. 2023-11-12
    historical Contingent 474-char remark

    Show marketing remark (474 chars)

    Charming 3 bedroom 1 bath full brick home in Corner, AL. This home boasts a cozy living room, a separate dining room, and kitchen with all appliances to remain. The home also features an unfinished partial basement, offering ample storage space. Enjoy the timeless appeal of brick architecture and the convenience of a sought after community. Don't miss the opportunity to make this house your home in this welcoming community! Give me or your favorite realtor a call today!

19. 2023-11-08
    listed $115,000 Active 474-char remark

    Show marketing remark (474 chars)

    Charming 3 bedroom 1 bath full brick home in Corner, AL. This home boasts a cozy living room, a separate dining room, and kitchen with all appliances to remain. The home also features an unfinished partial basement, offering ample storage space. Enjoy the timeless appeal of brick architecture and the convenience of a sought after community. Don't miss the opportunity to make this house your home in this welcoming community! Give me or your favorite realtor a call today!

20. 2023-11-05
    historical $115,000 474-char remark

    Show marketing remark (474 chars)

    Charming 3 bedroom 1 bath full brick home in Corner, AL. This home boasts a cozy living room, a separate dining room, and kitchen with all appliances to remain. The home also features an unfinished partial basement, offering ample storage space. Enjoy the timeless appeal of brick architecture and the convenience of a sought after community. Don't miss the opportunity to make this house your home in this welcoming community! Give me or your favorite realtor a call today!

21. 2019-10-30
    soldstatus $60,000

ⓘ 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: $429 · $36/mo
• Projected year-2 tax: $541 · $45/mo
• Expected delta: +$112/yr (+$9/mo · 26.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 76% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°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 7 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,458
• − Mortgage interest: −$7,394
• − Property taxes: −$429
• − Insurance: −$1,326
• − Repairs & maintenance: −$1,157
• − Management: −$1,157
• − Depreciation: −$3,840
• Taxable loss: −$845
• Est. tax savings @ 24.0%: +$203
• After-tax cash flow: $1,562/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 — Graysville

• Score: 59/100
• State rank: #321
• US rank: #19807

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 14,097

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 (88%)
• Race & ethnicity: White 88% Two or more races 6% Black 6%
• Common ancestry: Slovak 5% Italian 2% Serbian 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 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: ▼ -31.81%
• Current HPI: 250.1325
• 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

+126.7% since first listed

8 events — show timeline

• 2026-04-10 Price Changed $136,000 Greater Alabama MLS
• 2026-03-06 Listed $140,000 Greater Alabama MLS
• 2023-12-22 Sold (Public Records) $120,000 Public Records
• 2023-12-21 Sold (MLS) $120,000 Greater Alabama MLS
• 2023-11-12 Contingent — Greater Alabama MLS
• 2023-11-08 Listed $115,000 Greater Alabama MLS
• 2023-11-05 Coming Soon $115,000 Greater Alabama MLS
• 2019-10-30 Sold (Public Records) $60,000 Public Records

Property tax history

-10.4%/yr

Latest (2025): $429 · -52.7% YoY. Source: county tax records.