208 Marshall Dr · Gardendale, AL 35071

$199,900

3 bd · 1.5 ba · 988 sqft · SingleFamily public records · 39 Days on market

Built 1960 0.28 ac lot $202/sqft · 6% below area Est $213k · 6% under

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Why this score? — see what drove the D 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 +14.8/30.0
• ARV discount +10.2/15.0
• DSCR +4.5/10.0
• Livability +3.3/5.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks

Discover the perfect blend of comfort and style in this charming 3-bedroom, 1.5-bath home. You'll love the beautiful hardwood floors that flow throughout. The entire home has been freshly painted, offering a clean, modern canvas for your personal touches. Enjoy the outdoors year-round with a large, fully fenced-in backyard. With new windows providing plenty of natural light, this home is a hidden gem in the heart of Gardendale. Other updates from 2025 include: new roof, new electrical boxes, septic tank pumped, new ceiling fans, and updates to the kitchen and bathrooms!

Key facts

• New electrical boxes
• Septic tank pumped
• Hardwood floors

Tags

• HARDWOOD FLOORS
• FULLY FENCED-IN BACKYARD
• NEW WINDOWS
• NEW ROOF
• NEW ELECTRICAL BOXES
• SEPTIC TANK PUMPED

Property features AI

Finance

• HOA & community: Located in Gardendale Estates subdivision

Exterior

• Parking: Driveway parking
• Utilities: Public water; Septic system; Electric water heater; Double-paned windows; Insulated door; Internet service availability unknown
• Home design: Existing (previously built) structure; Single-story layout (all principal rooms on main level); Siding (vinyl) and wood exterior
• Construction: Crawl space foundation; Vinyl siding and wood construction
• Exterior features: Fenced yard; No pool; No patio; No deck; No garden/patio area listed; Not waterfront

Interior

• Kitchen: Laminate countertops; Eating area; Refrigerator; Electric stove
• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level
• Flooring: Hardwood floors; Tile floors
• Bathrooms: One full bathroom; One half bathroom; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; No attic; No additional interior features listed
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $55 ($655/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 $159k (20.6% below list).
• Recommended offer: $159k (20.6% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 5.5% in Gardendale — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#113 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F, health & safety 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: Snow Rogers Elementary School (math 22% / reading 57%, grade F, #243 of 627 statewide, top 41%, 386 students, 52% FRL); Bragg Middle School (math 6% / reading 51%, grade F, #138 of 257 statewide, top 54%, 746 students, 53% FRL); Gardendale High School (math 21% / reading 28%, grade F, #118 of 305 statewide, top 45%, 1,047 students, 48% FRL) — zoned schools at 51% FRL track the district average.
• Market conditions: 98 active listings in the ZIP; 3 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 $1k of loan paydown is wiped out by about $6k 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 39 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $18k; list at $200k implies a 1042% 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 $158,806 (20.6% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 21% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.79% ✗
• Cap rate: 6.62%
• Cash-on-cash: 1.17%
• DSCR: 1.05
• GRM: 10.5

CMA / ARV

• ARV (median comp): $212,746
• List price: $199,900
• Delta: -6.04%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
216 Howard Dr	0.40mi	3/1.0	1,077 (+9%)	7mo	$209,900	$195	58
1201 Columbia Ave	0.17mi	2/1.0 (-1)	1,102 (+12%)	17mo	$210,000	$191	52
1032 Alma Ave	0.26mi	3/2.0	1,100 (+11%)	20mo	$205,000	$186	51

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: -14.5%
• Equity multiple: 0.48×
• Total profit: $-29,004
• Equity at exit: $29,806

10-year hold

• IRR: -5.9%
• Equity multiple: 0.62×
• Total profit: $-21,136
• Equity at exit: $17,284

Cash invested: $55,972 (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 35071

• Home prices YoY: -21.1%
• Active inventory: 98
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,588 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$68 /mo · $821/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $55

Break-even live

Break-even rent $1,519

Max offer price $199,900

Occupancy floor 92%

Sensitivity live

Price	-10% $168	-5% $111	+0% $55	+5% $-2	+10% $-59
Rent	-10% $-71	-5% $-8	+0% $55	+5% $117	+10% $180
Rate	-1.0pp $155	-0.5pp $105	base $55	+0.5pp $3	+1.0pp $-50

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
757 Main St Unit 757-D Gardendale, AL	2.0	1.0	900	$1,130	$1.26	25d	1	0.84mi
387 Jamestown Manor Dr Gardendale, AL	2.0	1.5	1104	$1,323	$1.20	13d	1	1.42mi
359 Jamestown Manor Dr Gardendale, AL	2.0	1.5	1098	$1,199	$1.09	16d	1	1.49mi

Listing history 16 events

1. 2026-06-22
   days on market $199,900 Active 39 DOM
2. 2026-06-18
   days on market $199,900 Active 36 DOM
3. 2026-06-17
   days on market $199,900 Active 35 DOM
4. 2026-06-16
   pricedays on market $199,900 Active 34 DOM
5. 2026-06-15
   days on market $209,900 Active 33 DOM
6. 2026-06-13
   days on market $209,900 Active 31 DOM
7. 2026-06-10
   days on market $209,900 Active 28 DOM
8. 2026-06-09
   days on market $209,900 Active 27 DOM
9. 2026-06-08
   days on market $209,900 Active 26 DOM
10. 2026-06-07
    days on market $209,900 Active 25 DOM
11. 2026-06-03
    days on market $209,900 Active 21 DOM
12. 2026-06-02
    days on market $209,900 Active 20 DOM
13. 2026-06-01
    days on market $209,900 Active 19 DOM
14. 2026-05-31
    days on market $209,900 Active 18 DOM
15. 2026-05-13
    listed $209,900 Active 576-char remark
16. 1973-04-25
    soldstatus $17,500

ⓘ 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: $821 · $68/mo
• Projected year-2 tax: $821 · $68/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 ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,057
• − Mortgage interest: −$11,198
• − Property taxes: −$821
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,525
• − Management: −$1,525
• − Depreciation: −$5,815
• Taxable loss: −$2,825
• Est. tax savings @ 24.0%: +$678
• After-tax cash flow: $1,333/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 — Gardendale

• Score: 66/100
• State rank: #113
• US rank: #12225

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gardendale, AL
• County: Jefferson County · 527,445 people
• City population: 17,288
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 17,288
• Household income: $82,074
• Rent vs Own: 22.5% rent · 77.5% own
• Severe rent burden: 151.0

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 White (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 4% Hispanic / Latino 2% Asian 1%
• Common ancestry: Slovak 3% Serbian 2% Italian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% 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: ▼ -55.29%
• Current HPI: 206.7447
• Rent YoY: —
• 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

+1042.3% since first listed

3 events — show timeline

• 2026-06-16 Price Changed $199,900 Greater Alabama MLS
• 2026-05-13 Listed $209,900 Greater Alabama MLS
• 1973-04-25 Sold (Public Records) $17,500 Public Records

Property tax history

+0.3%/yr

Latest (2025): $821 · +4.9% YoY. Source: county tax records.