607 Basswood Dr · Adamsville, AL 35005

$149,900

3 bd · 1.5 ba · 1,575 sqft · SingleFamily public records · 135 Days on market

Built 1977 0.32 ac lot Est $180k · 17% 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 +17.3/30.0
• ARV discount +14.9/15.0
• DSCR +5.4/10.0
• 1% rule +4.4/10.0
• Livability +2.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.1/10.0

Listing remarks MLS

Beautiful house with 4BEDS, 2BATHS, Bonus office room. New roof. Great neighborhood.

Key facts

• Renovated
• Hvac
• Roof

Tags

• LVT FLOORING
• INTERIOR PAINT
• RENOVATED
• HVAC
• WATER HEATER
• ROOF

Property features AI

Finance

• Financial info: Garbage fee of $9 charged quarterly; Down payment assistance available

Exterior

• Parking: Front garage entry; 1 total garage space (basement level); Driveway parking; Off-street parking
• Utilities: Public water; Connected sewer; Gas water heater; Internet service availability unknown
• Home design: Existing 4-side brick construction; Basement foundation; Tri-level: No; Split level: No; Split foyer: No; Located in Westwood Gardens subdivision
• Construction: 4-side brick construction; Basement foundation; Basement is fully finished and plumbing stubbed
• Exterior features: Open deck; No pool; No patio; No garden/patio; Not waterfront

Interior

• Kitchen: Stone countertops; Kitchen on main level
• Bedrooms: Three bedrooms on main level
• Flooring: Tile flooring; Vinyl flooring
• Bathrooms: One full bath (main level); One half bath (main level); Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Ventless gas fireplace in the den; Ceilings: Other (see remarks); Finished basement area
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located in the basement (basement area)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $110 ($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 $140k (6.3% below list).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 51/100 on livability (#522 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime 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.
• Zoned schools: Adamsville Elementary School (math 2% / reading 17%, grade F, #568 of 627 statewide, top 94%, 302 students, 83% FRL); Minor Middle School (math 0% / reading 18%, grade F, #235 of 257 statewide, top 93%, 728 students, 88% FRL); Minor High School (math 4% / reading 8%, grade F, #275 of 305 statewide, top 90%, 915 students, 84% FRL) — zoned schools average 85% FRL vs 49% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 8% at this address vs 20% district-wide (-12 pts) — the specific schools serving this property underperform the Jefferson County average; the district grade overstates school quality for this exact location.
• Market conditions: 60 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k 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 135 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 3 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.
• Current owner paid $91k; list at $150k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $131,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 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 1977 — 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 F 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: 0.94% ✗
• Cap rate: 7.17%
• Cash-on-cash: 3.14%
• DSCR: 1.14
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $179,550
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1051 Cherry Ln	0.22mi	3/2.0	1,575 (0%)	12mo	$180,000	$114	78
410 Holly Dr	0.48mi	3/2.0	1,556 (-1%)	1mo	$180,000	$116	72
4016 Debby Dr	0.07mi	4/2.0 (+1)	1,609 (+2%)	18mo	$150,000	$93	71
4009 Hazelwood Rd	0.37mi	3/2.0	1,464 (-7%)	2mo	$125,000	$85	67
1025 Tree Haven Dr	0.50mi	3/2.0	1,638 (+4%)	7mo	$230,000	$140	62
320 Harris Ave	0.48mi	3/1.0	1,684 (+7%)	5mo	$145,000	$86	60
605 Westwood Ave	0.20mi	4/2.0 (+1)	1,672 (+6%)	17mo	$140,000	$84	60
714 Denniston Ln	0.17mi	3/2.0	1,359 (-14%)	10mo	$155,000	$114	59
201 Lakewood Cir	0.70mi	2/2.0 (-1)	1,542 (-2%)	12mo	$145,000	$94	47
3237 Poplar Ln	0.54mi	3/2.0	1,434 (-9%)	14mo	$192,000	$134	46
1036 Honeysuckle Ln	0.67mi	4/2.5 (+1)	1,472 (-6%)	6mo	$199,500	$136	44
3413 Oakwood Dr	0.70mi	3/2.0	1,709 (+8%)	15mo	$260,000	$152	39

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -11.4%
• Equity multiple: 0.59×
• Total profit: $-17,303
• Equity at exit: $22,351

10-year hold

• IRR: -2.1%
• Equity multiple: 0.86×
• Total profit: $-6,073
• Equity at exit: $12,961

Cash invested: $41,972 (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 35005

• Home prices YoY: -3.9%
• Active inventory: 60
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,404 high
• Mortgage (P&I): −$786
• Tax from tax record: −$151 /mo · $1,813/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $110

Break-even live

Break-even rent $1,265

Max offer price $149,900

Occupancy floor 87%

Sensitivity live

Price	-10% $195	-5% $152	+0% $110	+5% $67	+10% $25
Rent	-10% $-1	-5% $54	+0% $110	+5% $165	+10% $221
Rate	-1.0pp $185	-0.5pp $148	base $110	+0.5pp $71	+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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4204 Denniston Cir Adamsville, AL	3.0	2.0	1282	$1,580	$1.23	25d	1	0.19mi
3716 Main St Adamsville, AL	2.0	1.0	1058	$896	$0.85	17d	1	0.84mi
4213 Kendall Ave Adamsville, AL	4.0	2.0	1250	$1,225	$0.98	4d	1	0.88mi
4329 Maple Cir Adamsville, AL	3.0	2.0	1236	$1,225	$0.99	25d	1	0.93mi
4400 Old Jasper Hwy Adamsville, AL	4.0	2.0	1200	$1,350	$1.12	4d	1	1.05mi

Listing history 30 events

1. 2026-06-22
   statusdays on market $149,900 Pending 135 DOM
2. 2026-06-18
   days on market $149,900 Active-Break Clause 134 DOM
3. 2026-06-17
   days on market $149,900 Active-Break Clause 133 DOM
4. 2026-06-16
   days on market $149,900 Active-Break Clause 132 DOM
5. 2026-06-15
   days on market $149,900 Active-Break Clause 131 DOM
6. 2026-06-13
   days on market $149,900 Active-Break Clause 129 DOM
7. 2026-06-10
   days on market $149,900 Active-Break Clause 126 DOM
8. 2026-06-09
   days on market $149,900 Active-Break Clause 125 DOM
9. 2026-06-08
   days on market $149,900 Active-Break Clause 124 DOM
10. 2026-06-07
    days on market $149,900 Active-Break Clause 123 DOM
11. 2026-06-03
    days on market $149,900 Active-Break Clause 119 DOM
12. 2026-06-02
    days on market $149,900 Active-Break Clause 118 DOM
13. 2026-06-01
    days on market $149,900 Active-Break Clause 117 DOM
14. 2026-05-31
    days on market $149,900 Active-Break Clause 116 DOM
15. 2026-02-12
    historical Contingent
16. 2026-02-04
    listed $149,900 Active
17. 2025-10-21
    price $149,900
18. 2025-09-17
    price $153,900
19. 2025-08-20
    price $155,900
20. 2021-03-11
    soldstatus $90,730
21. 2019-09-24
    soldstatus $112,000
22. 2019-09-13
    soldstatus $112,000 84-char remark

    Show marketing remark (84 chars)

    Beautiful house with 4BEDS, 2BATHS, Bonus office room. New roof. Great neighborhood.

23. 2019-07-02
    soldstatus $85,000
24. 2019-07-01
    listed $112,000 84-char remark

    Show marketing remark (84 chars)

    Beautiful house with 4BEDS, 2BATHS, Bonus office room. New roof. Great neighborhood.

25. 2019-06-07
    soldstatus $51,000 Sold
26. 2019-04-18
    historical
27. 2019-04-05
    listed $49,000 Active
28. 2009-03-13
    soldstatus $95,500
29. 2004-09-08
    soldstatus $84,900
30. 1989-06-23
    soldstatus $54,900

ⓘ 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: $1,813 · $151/mo
• Projected year-2 tax: $1,813 · $151/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 4/10 Moderate
• 🌡 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 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,850
• − Mortgage interest: −$8,397
• − Property taxes: −$1,813
• − Insurance: −$750
• − Repairs & maintenance: −$1,348
• − Management: −$1,348
• − Depreciation: −$4,361
• Taxable loss: −$1,165
• Est. tax savings @ 24.0%: +$280
• After-tax cash flow: $1,596/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 — Adamsville

• Score: 51/100
• State rank: #522
• US rank: #25480

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Adamsville, AL
• City population: 10,982
• Population (ZIP): 8,143

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: Majority Black (60%)
• Race & ethnicity: Black 60% White 38% Asian 2%
• Common ancestry: Serbian 2% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Other Indo-European 1% 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: ▼ -9.72%
• Current HPI: 237.5788
• 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

+173.0% since first listed

16 events — show timeline

• 2026-02-12 Contingent — Greater Alabama MLS
• 2026-02-04 Listed $149,900 Greater Alabama MLS
• 2025-10-21 Price Changed $149,900 Greater Alabama MLS
• 2025-09-17 Price Changed $153,900 Greater Alabama MLS
• 2025-08-20 Price Changed $155,900 Greater Alabama MLS
• 2021-03-11 Sold (Public Records) $90,730 Public Records
• 2019-09-24 Sold (Public Records) $112,000 Public Records
• 2019-09-13 Sold (MLS) $112,000 Greater Alabama MLS
• 2019-07-02 Sold (Public Records) $85,000 Public Records
• 2019-07-01 Listed $112,000 Greater Alabama MLS
• 2019-06-07 Sold (MLS) $51,000 Greater Alabama MLS
• 2019-04-18 Delisted — Greater Alabama MLS
• 2019-04-05 Listed $49,000 Greater Alabama MLS
• 2009-03-13 Sold (Public Records) $95,500 Public Records
• 2004-09-08 Sold (Public Records) $84,900 Public Records
• 1989-06-23 Sold (Public Records) $54,900 Public Records

Property tax history

+11.9%/yr

Latest (2025): $1,813 · +6.9% YoY. Source: county tax records.