2532 2nd Pl NW · Center Point, AL 35215

$135,000

3 bd · 1.0 ba · 1,132 sqft · SingleFamily public records · 32 Days on market

Built 1959 0.36 ac lot $119/sqft · 6% below area Est $143k · 6% 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 +22.7/30.0
• ARV discount +10.1/15.0
• DSCR +7.3/10.0
• 1% rule +4.7/10.0
• 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

This home is immaculate and is in move in condition. It features 3 bedrooms, 1 bath and is great for a first-time buyer. The bedrooms are a nice size, formal living room and dining room with hardwood floors. Call for your appointment today.

Key facts

• 0.36 acre lot
• Built 1959
• Listed 32 days

Property features AI

Finance

• Other: Parcel ID: 12-00-07-3-004-016.000; Lot size about 0.36 acres; Subdivision: Valley View
• Financial info: Fire fee: $350 yearly; Garbage fee: $58 quarterly

Exterior

• Parking: Driveway parking
• Utilities: Public water; Septic system; Gas water heater; Internet service available
• Home design: Existing construction; Not a tri-level or split-level home
• Construction: Siding (other); Crawl space foundation
• Exterior features: City view; No pool, patio, deck, or garden/patio listed

Interior

• Kitchen: Electric cooktop; Electric oven; Solid surface countertops
• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level; All bedrooms located on main level
• Flooring: Hardwood floors
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: 9+ foot ceilings; Solid surface kitchen countertops; Cooktop (electric), Electric oven; No additional listed interior features
• Laundry & utility: Main-level laundry room; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $233 ($3k/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 $131k (2.7% below list).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.

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: Center Point Elementary School (618 students, 82% FRL); Center Point High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 774 students, 91% FRL) — zoned schools average 86% FRL vs 49% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 2% at this address vs 20% district-wide (-18 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); 334 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 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 32 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• 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 $130,950 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.97% ✗
• Cap rate: 8.37%
• Cash-on-cash: 7.41%
• DSCR: 1.33
• GRM: 8.6

CMA / ARV

• ARV (median comp): $143,271
• List price: $135,000
• Delta: -5.77%
• Verdict: FAIR
• 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	0.00mi	3/1.0	1,132 (0%)	0mo	$120,000	$106	100
316 25th Ave NW	0.14mi	3/1.5	1,200 (+6%)	6mo	$130,000	$108	77
404 NW Sunhill Rd	0.21mi	3/1.5	1,100 (-3%)	12mo	$107,000	$97	73
317 Sunhill Rd NW	0.24mi	2/2.0 (-1)	1,144 (+1%)	7mo	$85,000	$74	72
2504 2nd St NW	0.17mi	3/2.0	1,210 (+7%)	14mo	$155,000	$128	65
101 23rd Ter NW	0.45mi	3/1.0	1,049 (-7%)	5mo	$114,000	$109	63
217 23rd Ter NW	0.38mi	3/1.5	1,232 (+9%)	4mo	$86,000	$70	62
2320 5th St NW	0.60mi	3/1.0	1,098 (-3%)	7mo	$90,000	$82	61
2244 NW 1st St	0.61mi	3/1.5	1,116 (-1%)	10mo	$100,000	$90	59
440 27th Ave NW	0.44mi	3/2.0	1,280 (+13%)	10mo	$172,000	$134	45
2537 3rd St NE	0.75mi	3/1.0	1,040 (-8%)	13mo	$85,000	$82	41
2224 NW 3rd St	0.70mi	3/1.0	1,004 (-11%)	10mo	$86,500	$86	40

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: -5.0%
• Equity multiple: 0.81×
• Total profit: $-7,020
• Equity at exit: $20,129

10-year hold

• IRR: 4.7%
• Equity multiple: 1.34×
• Total profit: $13,001
• Equity at exit: $11,672

Cash invested: $37,800 (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: 334
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,314 high
• Mortgage (P&I): −$708
• Tax from tax record: −$40 /mo · $483/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $233

Break-even live

Break-even rent $1,018

Max offer price $135,000

Occupancy floor 77%

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
408 Sunhill Rd NW Center Point, AL	3.0	1.5	1290	$1,355	$1.05	43d	1	0.23mi
127 Fox Hill Ct Center Point, AL	3.0	2.0	1418	$1,545	$1.09	43d	1	0.27mi
2416 4th St NW Center Point, AL	4.0	2.0	1400	$1,500	$1.07	23d	1	0.39mi
109 24th Ave NW Center Point, AL	3.0	1.5	1023	$1,215	$1.19	43d	1	0.40mi
2412 4th St NW Center Point, AL	3.0	1.0	1224	$1,150	$0.94	15d	1	0.40mi
2613 5th St NW Center Point, AL	3.0	1.0	1170	$1,150	$0.98	11d	1	0.42mi
232 Glenvalley Ln NW Birmingham, AL	4.0	2.0	954	$1,610	$1.69	2d	1	0.51mi
2323 4th St NW Center Point, AL	3.0	1.0	1038	$1,305	$1.26	2d	1	0.53mi
2318 Raintree Ct Center Point, AL	2.0	1.0	975	$1,100	$1.13	2d	2	0.58mi
2245 3rd St NW Center Point, AL	3.0	1.0	1156	$1,100	$0.95	23d	1	0.60mi
202 Westchester Dr Birmingham, AL	4.0	2.0	1374	$1,300	$0.95	23d	1	0.60mi
319 23rd Ave NW Center Point, AL	3.0	2.0	1284	$1,395	$1.09	43d	1	0.62mi
2629 Wood Dr NE Center Point, AL	3.0	1.0	1203	$1,250	$1.04	43d	1	0.62mi
2320 5th St NW Center Point, AL	3.0	1.0	1098	$1,150	$1.05	43d	1	0.62mi
2537 3rd St NE Center Point, AL	3.0	2.0	1040	$1,350	$1.30	23d	1	0.74mi
3309 Chase Ln Unit 3309 Birmingham, AL	2.0	2.0	1068	$1,000	$0.94	43d	1	0.78mi
2324 3rd St NE Center Point, AL	3.0	2.0	1329	$1,300	$0.98	23d	1	0.79mi
3073 Panorama E Birmingham, AL	1.0–3.0	1.0–2.0	975	$1,275	$1.31	1d	20	0.84mi
2245 3rd St NE Center Point, AL	3.0	1.0	1150	$1,100	$0.96	23d	1	0.93mi
2229 3rd St NE Center Point, AL	3.0	1.0	1215	$1,125	$0.93	23d	1	1.00mi
424 Tupelo Way Center Point, AL	4.0	2.0	1233	$1,300	$1.05	43d	1	1.00mi
332 23rd Ave NE Center Point, AL	3.0	1.0	1100	$1,350	$1.23	2d	1	1.01mi
124 21st Ave NE Unit 202 Center Point, AL	2.0	1.0	830	$750	$0.90	15d	1	1.07mi
123 21st Ave NE Center Point, AL	2.0	1.0	850	$800	$0.94	43d	1	1.11mi
2708 7th St NE Center Point, AL	3.0	1.0	1451	$1,150	$0.79	43d	1	1.13mi
107 Sterling Ct NW Center Point, AL	2.0	1.5–2.0	1026	$1,062	$1.04	2d	4	1.17mi
1905 2nd St NW Center Point, AL	3.0	1.0	1258	$1,395	$1.11	43d	1	1.19mi
401 22nd Ave NE Center Point, AL	2.0	1.5	850	$745	$0.88	15d	1	1.20mi
2249 4th Place Cir NE Center Point, AL	3.0	1.5	1400	$1,400	$1.00	43d	1	1.22mi
2109 Whetstone Ct Center Point, AL	2.0	1.5	800	$675	$0.84	2d	1	1.23mi
113 19th Ave NW Center Point, AL	3.0	2.0	1407	$1,250	$0.89	11d	1	1.25mi
5992 Princess Blvd Birmingham, AL	3.0	2.0	1454	$1,661	$1.14	43d	1	1.30mi
305 18th Ct NW Center Point, AL	3.0	1.5	1270	$1,100	$0.87	43d	1	1.31mi
149 Martin Dr Birmingham, AL	3.0	2.0	1164	$1,485	$1.28	23d	1	1.35mi
405 18th Ave NW Center Point, AL	3.0	2.0	1162	$1,299	$1.12	43d	1	1.41mi
1827 Carson Rd Unit 1 Birmingham, AL	3.0	2.5	1332	$1,125	$0.84	43d	1	1.41mi
1827 Carson Rd Unit 7 Birmingham, AL	3.0	2.5	1332	$950	$0.71	23d	1	1.41mi
1821 Carson Rd Unit 3 Birmingham, AL	2.0	1.5	800	$580	$0.72	21d	1	1.44mi
1821 Carson Rd Unit 2 Birmingham, AL	2.0	1.5	800	$765	$0.96	43d	1	1.44mi
212 Saint John Dr NW Birmingham, AL	2.0	2.0	1445	$1,423	$0.98	14d	1	1.45mi

Listing history 6 events

1. 2026-06-02
   statusdays on market $135,000 Pending 32 DOM
2. 2026-06-01
   days on market $135,000 Active 31 DOM
3. 2026-05-31
   days on market $135,000 Active 30 DOM
4. 2026-05-01
   listed $135,000 Active 240-char remark
5. 1990-05-24
   soldstatus $49,900
6. 1985-04-01
   soldstatus $44,900

ⓘ 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: $483 · $40/mo
• Projected year-2 tax: $554 · $46/mo
• Expected delta: +$70/yr (+$6/mo · 14.5%)

ⓘ 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 2/10 Low
• 🌡 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: $15,764
• − Mortgage interest: −$7,562
• − Property taxes: −$483
• − Insurance: −$675
• − Repairs & maintenance: −$1,261
• − Management: −$1,261
• − Depreciation: −$3,927
• Taxable income: $594
• Est. tax owed @ 24.0%: −$143
• After-tax cash flow: $2,657/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

+167.3% since first listed

5 events — show timeline

• 2026-06-15 Sold (MLS) $120,000 Greater Alabama MLS
• 2026-06-02 Pending — Greater Alabama MLS
• 2026-05-01 Listed $135,000 Greater Alabama MLS
• 1990-05-24 Sold (Public Records) $49,900 Public Records
• 1985-04-01 Sold (Public Records) $44,900 Public Records

Property tax history

+4.3%/yr

Latest (2025): $483 · +0.0% YoY. Source: county tax records.