4883 Bridle Path Dr · Pinson, AL 35126

$135,000

3 bd · 2.0 ba · 1,203 sqft · SingleFamily public records · 126 Days on market

Built 1985 0.39 ac lot $112/sqft · 36% below area Est $210k · 36% 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 +25.5/30.0
• ARV discount +15.0/15.0
• DSCR +8.5/10.0
• 1% rule +6.6/10.0
• Livability +3.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

ATTENTION INVESTORS. Great investment property for a flip. Priced to sell. Seller is an investor who has never occupied the home and is being sold AS-IS.

Key facts

• Large deck
• Dining area
• Great room

Tags

• GREAT ROOM
• COZY FIREPLACE
• DINING AREA
• GENEROUS CABINET SPACE
• LARGE DECK
• FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $316 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 5.3% in Pinson — 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 60/100 on livability (#289 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools D+, 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: Rents rising (+1.6%/yr); 186 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 126 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 11y ago; this cycle's ask has dropped $22k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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. 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: 1.16% ✓
• Cap rate: 9.10%
• Cash-on-cash: 10.04%
• DSCR: 1.45
• GRM: 7.2

CMA / ARV

• ARV (median comp): $209,934
• List price: $135,000
• Delta: -35.69%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5150 Amberwood Ln	0.55mi	3/1.0	1,128 (-6%)	2mo	$155,000	$137	58
1117 Oak Creek Trl NE	0.66mi	3/2.0	1,226 (+2%)	11mo	$162,500	$133	57
5135 Amberwood Ln	0.54mi	3/2.0	1,135 (-6%)	11mo	$162,000	$143	56
5100 Willow Ridge Dr	0.48mi	3/2.0	1,290 (+7%)	12mo	$150,000	$116	55
5819 Balboa Ter	0.71mi	3/2.0	1,104 (-8%)	11mo	$159,900	$145	44
5781 Desoto Dr	0.65mi	3/1.0	1,150 (-4%)	20mo	$145,000	$126	42
6128 Summer Side Dr	0.73mi	4/2.5 (+1)	1,136 (-6%)	20mo	$259,000	$228	33
5740 Balboa Ter	0.71mi	3/1.0	1,104 (-8%)	22mo	$110,000	$100	30

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 · 1.61% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.90×
• Total profit: $-3,884
• Equity at exit: $20,129

10-year hold

• IRR: 5.3%
• Equity multiple: 1.37×
• Total profit: $13,988
• 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 35126

• Home prices YoY: -22.4%
• Rents YoY: 1.6%
• Active inventory: 186
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,568 high
• Mortgage (P&I): −$708
• Tax from tax record: −$158 /mo · $1,896/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $316

Break-even live

Break-even rent $1,167

Max offer price $135,000

Occupancy floor 75%

Sensitivity live

Price	-10% $393	-5% $354	+0% $316	+5% $278	+10% $240
Rent	-10% $192	-5% $254	+0% $316	+5% $378	+10% $440
Rate	-1.0pp $384	-0.5pp $351	base $316	+0.5pp $281	+1.0pp $246

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 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5944 Tyler Loop Rd Pinson, AL	3.0	2.0	1247	$1,485	$1.19	24d	1	0.45mi
4246 Centerwood Dr Birmingham, AL	3.0	2.0	1336	$1,450	$1.09	16d	1	0.61mi
5764 Desoto Dr Pinson, AL	3.0	1.5	1104	$1,225	$1.11	2d	1	0.66mi
1104 Oak Creek Trl NE Birmingham, AL	3.0	2.0	1233	$1,543	$1.25	2d	1	0.67mi
4464 Winchester Hills Ln Pinson, AL	3.0	2.0	1500	$1,750	$1.17	11d	1	0.78mi
4464 Winchester Hills Way Birmingham, AL	3.0	2.0	1178	$1,750	$1.49	44d	1	0.78mi
149 Martin Dr Birmingham, AL	3.0	2.0	1164	$1,485	$1.28	24d	1	1.16mi
212 Saint John Dr NW Birmingham, AL	2.0	2.0	1445	$1,423	$0.98	15d	1	1.39mi
3073 Panorama E Birmingham, AL	1.0–3.0	1.0–2.0	975	$1,275	$1.31	2d	20	1.43mi
2504 Beechwood Trl Pinson, AL	3.0	2.0	1359	$1,435	$1.06	22d	1	1.48mi
3309 Chase Ln Unit 3309 Birmingham, AL	2.0	2.0	1068	$1,000	$0.94	44d	1	1.48mi

Listing history 29 events

1. 2026-06-18
   remarks 288-char remark
2. 2026-06-18
   days on market $135,000 Active 126 DOM
3. 2026-06-17
   days on market $135,000 Active 125 DOM
4. 2026-06-16
   days on market $135,000 Active 124 DOM
5. 2026-06-15
   days on market $135,000 Active 123 DOM
6. 2026-06-13
   remarks 195-char remark
7. 2026-06-13
   days on market $135,000 Active 121 DOM
8. 2026-06-10
   days on market $135,000 Active 118 DOM
9. 2026-06-09
   days on market $135,000 Active 117 DOM
10. 2026-06-08
    days on market $135,000 Active 116 DOM
11. 2026-06-07
    remarks 174-char remark
12. 2026-06-07
    days on market $135,000 Active 115 DOM
13. 2026-06-03
    days on market $135,000 Active 111 DOM
14. 2026-06-02
    days on market $135,000 Active 110 DOM
15. 2026-06-01
    days on market $135,000 Active 109 DOM
16. 2026-05-31
    days on market $135,000 Active 108 DOM
17. 2026-03-20
    price $149,900 153-char remark

    Show marketing remark (153 chars)

    ATTENTION INVESTORS. Great investment property for a flip. Priced to sell. Seller is an investor who has never occupied the home and is being sold AS-IS.

18. 2026-02-12
    listed $157,500 Active 153-char remark

    Show marketing remark (153 chars)

    ATTENTION INVESTORS. Great investment property for a flip. Priced to sell. Seller is an investor who has never occupied the home and is being sold AS-IS.

19. 2025-11-18
    price $157,500
20. 2018-09-11
    soldstatus $29,559,000
21. 2018-03-30
    soldstatus $11,665,000
22. 2016-07-14
    soldstatus $10,176,000
23. 2015-06-09
    soldstatus $63,500
24. 2015-06-04
    soldstatus $63,200
25. 2015-05-04
    historical
26. 2015-04-07
    listed $64,900
27. 2011-03-24
    soldstatus $114,000
28. 2001-10-24
    soldstatus $90,980
29. 1995-03-24
    soldstatus $79,500

ⓘ 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: $1,896 · $158/mo
• Projected year-2 tax: $1,896 · $158/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 ≥105°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: $18,810
• − Mortgage interest: −$7,562
• − Property taxes: −$1,896
• − Insurance: −$675
• − Repairs & maintenance: −$1,505
• − Management: −$1,505
• − Depreciation: −$3,927
• Taxable income: $1,741
• Est. tax owed @ 24.0%: −$418
• After-tax cash flow: $3,376/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 — Pinson

• Score: 60/100
• State rank: #289
• US rank: #18763

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jefferson County · 527,445 people
• City population: 22,599
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 22,599
• Household income: $83,732
• Rent vs Own: 14.6% rent · 85.4% own
• Severe rent burden: 267.0

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 0.58)
• Race & ethnicity: White 58% Black 28% Hispanic / Latino 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 1% Italian 1%
• Foreign-born: 5% · Canada, China, Jamaica
• Languages at home: 92% English-only · Spanish 5% Vietnamese 1% Chinese 0%

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: ▼ -54.52%
• Current HPI: 188.6439
• Rent YoY: ▲ 1.61%
• 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

+88.6% since first listed

13 events — show timeline

• 2026-03-20 Price Changed $149,900 Greater Alabama MLS
• 2026-02-12 Listed $157,500 Greater Alabama MLS
• 2025-11-18 Price Changed $157,500 Greater Alabama MLS
• 2018-09-11 Sold (Public Records) $29,559,000 Public Records
• 2018-03-30 Sold (Public Records) $11,665,000 Public Records
• 2016-07-14 Sold (Public Records) $10,176,000 Public Records
• 2015-06-09 Sold (Public Records) $63,500 Public Records
• 2015-06-04 Sold (MLS) $63,200 Greater Alabama MLS
• 2015-05-04 Delisted — Greater Alabama MLS
• 2015-04-07 Listed $64,900 Greater Alabama MLS
• 2011-03-24 Sold (Public Records) $114,000 Public Records
• 2001-10-24 Sold (Public Records) $90,980 Public Records
• 1995-03-24 Sold (Public Records) $79,500 Public Records

Property tax history

+8.0%/yr

Latest (2025): $1,896 · +0.4% YoY. Source: county tax records.