132 Greenridge Rd · Hueytown, AL 35023

$150,000

3 bd · 1.0 ba · 1,812 sqft · SingleFamily public records · 28 Days on market

Built 1974 0.25 ac lot Est $198k · 24% 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 +23.4/30.0
• ARV discount +15.0/15.0
• DSCR +7.5/10.0
• 1% rule +5.1/10.0
• Appreciation +4.7/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

This charming home offers comfortable living with a functional layout designed for everyday ease. Inside, you’ll find a bright and spacious living area filled with natural light, along with a well-appointed kitchen featuring ample cabinet and counter space. The inviting atmosphere and thoughtful updates make this home truly move-in ready while still offering the opportunity to add your own personal touch. Recent upgrades include a new roof, new HVAC system, fresh paint, updated lighting, and a new refrigerator, providing added value and peace of mind. Outside, enjoy a manageable yard perfect for relaxing, entertaining, or accommodating pets. Conveniently located near shopping, dining,

Key facts

• Fresh paint
• New refrigerator
• Updated lighting

Tags

• WELL-APPOINTED KITCHEN
• NEW ROOF
• NEW HVAC SYSTEM
• FRESH PAINT
• UPDATED LIGHTING
• NEW REFRIGERATOR

Property features AI

Finance

• Other: Property is in the GREENRIDGE subdivision; Lot size approximately 0.25 acre
• Financial info: Quarterly garbage fee applies
• HOA & community: No association fee

Exterior

• Parking: Driveway parking; Off-street parking
• Security: Security system
• Utilities: Public water; Connected sewer; Gas water heater; Internet service available
• Home design: Brick over foundation with vinyl siding; Existing construction; Split-level property
• Construction: Basement foundation; Brick over foundation; Vinyl siding
• Exterior features: Basement foundation (daylight, partial, fully finished); No waterfront, pool, patio, decks, or garden/patio; Public road access

Interior

• Kitchen: Laminate countertops; Breakfast bar; Electric oven and stove; Refrigerator; Some stainless appliances
• Bedrooms: Three bedrooms on upper level; Additional bonus room in finished basement
• Flooring: Hardwood laminate; Tile; Vinyl
• Bathrooms: One full bathroom (upper level) with tub/shower combo
• Heating & cooling: Central heating; Central electric cooling; Ceiling fans
• Interior features: Smooth ceilings; Security system; Split level layout; Some window treatments to remain
• Laundry & utility: Washer hookup (basement); Electric dryer hookup (basement); Laundry located in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime 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.
• Zoned schools: Hueytown Primary School (653 students, 64% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 72% FRL vs 49% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 251 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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

• In year one you build about $137 of equity ($1k loan paydown + $-900 appreciation (-0.6% 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 (-0.6% appreciation + 1.6% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 44% 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 $147,750 (1.5% below list)

Questions for the listing agent

1. Built in 1974 — 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 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?
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: 1.01% ✓
• Cap rate: 8.50%
• Cash-on-cash: 7.90%
• DSCR: 1.35
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $197,508
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3879 Heritage Crest Dr	0.09mi	4/2.0 (+1)	1,774 (-2%)	2mo	$286,450	$161	82
3866 Heritage Crest Dr	0.13mi	4/2.0 (+1)	1,774 (-2%)	0mo	$274,900	$155	81
3858 Heritage Crest Dr	0.14mi	4/2.0 (+1)	1,774 (-2%)	1mo	$270,000	$152	80
125 Greenridge Ter	0.05mi	3/2.0	1,647 (-9%)	11mo	$160,000	$97	69
106 Greenridge Ter	0.10mi	3/2.0	1,636 (-10%)	11mo	$178,000	$109	66
1048 Arcadia Cir	0.68mi	4/1.5 (+1)	1,828 (+1%)	10mo	$163,000	$89	52
921 Arcadia Cir	0.58mi	4/2.0 (+1)	1,850 (+2%)	13mo	$175,000	$95	50
1220 26th Ave N	0.60mi	4/2.0 (+1)	1,665 (-8%)	2mo	$195,000	$117	48
1404 29th Ave N	0.73mi	3/2.0	1,847 (+2%)	16mo	$184,900	$100	46
1220 27th Ave N	0.65mi	3/2.0	1,680 (-7%)	11mo	$162,500	$97	44
1024 Rose Hill Cir	0.62mi	3/1.0	1,560 (-14%)	8mo	$105,000	$67	41
1100 Arcadia Cir	0.70mi	4/2.0 (+1)	1,593 (-12%)	11mo	$175,000	$110	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: 3.6%
• Equity multiple: 1.16×
• Total profit: $6,884
• Equity at exit: $39,109

10-year hold

• IRR: 8.6%
• Equity multiple: 1.84×
• Total profit: $35,150
• Equity at exit: $43,595

Cash invested: $42,000 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 251
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,516 high
• Mortgage (P&I): −$787
• Tax from tax record: −$72 /mo · $867/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $276

Break-even live

Break-even rent $1,166

Max offer price $150,000

Occupancy floor 77%

Sensitivity live

Price	-10% $361	-5% $319	+0% $276	+5% $234	+10% $192
Rent	-10% $157	-5% $217	+0% $276	+5% $336	+10% $396
Rate	-1.0pp $352	-0.5pp $315	base $276	+0.5pp $238	+1.0pp $198

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
428 Willow Ln Bessemer, AL	4.0	2.0	1375	$1,620	$1.18	16d	1	0.23mi
3447 Jeanne Ln Bessemer, AL	3.0	2.0	1460	$1,850	$1.27	3d	1	0.31mi
2129 13th St N Bessemer, AL	4.0	1.0	1378	$1,445	$1.05	16d	1	0.41mi
1032 26th Ave N Bessemer, AL	3.0	1.0	1724	$1,175	$0.68	4d	1	0.44mi
2028 13th St N Bessemer, AL	3.0	2.0	1372	$1,073	$0.78	25d	1	0.49mi
1036 Rose Hill Cir Bessemer, AL	3.0	2.0	1277	$1,300	$1.02	22d	1	0.61mi
306 W Lake Cir SW Bessemer, AL	1.0–3.0	1.0–2.0	1004	$1,455	$1.45	3d	1	1.36mi
2825 19th St N Bessemer, AL	3.0	1.5	1991	$1,395	$0.70	45d	1	1.37mi

Listing history 16 events

1. 2026-06-18
   days on market $150,000 Active 28 DOM
2. 2026-06-17
   days on market $150,000 Active 27 DOM
3. 2026-06-16
   days on market $150,000 Active 26 DOM
4. 2026-06-15
   days on market $150,000 Active 25 DOM
5. 2026-06-13
   days on market $150,000 Active 23 DOM
6. 2026-06-10
   days on market $150,000 Active 20 DOM
7. 2026-06-09
   days on market $150,000 Active 19 DOM
8. 2026-06-08
   days on market $150,000 Active 18 DOM
9. 2026-06-07
   days on market $150,000 Active 17 DOM
10. 2026-06-03
    days on market $150,000 Active 13 DOM
11. 2026-06-02
    days on market $150,000 Active 12 DOM
12. 2026-06-01
    days on market $150,000 Active 11 DOM
13. 2026-05-31
    days on market $150,000 Active 10 DOM
14. 2026-05-20
    listed $150,000 Active
15. 2025-06-12
    soldstatus $153,000
16. 1977-06-24
    soldstatus $29,900

ⓘ 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: $867 · $72/mo
• Projected year-2 tax: $867 · $72/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 6/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 44% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,194
• − Mortgage interest: −$8,402
• − Property taxes: −$867
• − Insurance: −$750
• − Repairs & maintenance: −$1,456
• − Management: −$1,456
• − Depreciation: −$4,364
• Taxable income: $900
• Est. tax owed @ 24.0%: −$216
• After-tax cash flow: $3,101/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 — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% 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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

+401.7% since first listed

3 events — show timeline

• 2026-05-20 Listed $150,000 Greater Alabama MLS
• 2025-06-12 Sold (Public Records) $153,000 Public Records
• 1977-06-24 Sold (Public Records) $29,900 Public Records

Property tax history

+4.6%/yr

Latest (2025): $867 · +0.0% YoY. Source: county tax records.