3205 Hudson St · Jasper, AL 35503

$199,000

3 bd · 1.0 ba · 1,247 sqft · SingleFamily public records · 31 Days on market

Built 1987 0.70 ac lot Est $168k · 18% over

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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 +24.8/30.0
• DSCR +8.0/10.0
• 1% rule +5.6/10.0
• Schools +3.4/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to 3205 Hudson Street. This 3 bedroom, 2 bathroom home has 1,247 sqft, and is right in the heart of Jasper—just a short walk from North Jasper Park! Mornings feel a little calmer here, whether you’re enjoying coffee on the front porch or listening to the quiet around you. Out back, a brand-new large deck offers a peaceful place to relax, let the kids play, or watch the dogs stretch out in the sun. It’s the kind of space that makes you want to stay outside just a little longer. Inside, the home features elegant finishes throughout, with a beautifully updated layout that feels both comfortable and inviting. The master bathroom carries that same feel with an eleg

Key facts

• Large deck
• Move-in ready
• Front porch

Tags

• FRONT PORCH
• LARGE DECK
• UPDATED LAYOUT
• MASTER BATHROOM
• MOVE-IN READY

Property features AI

Finance

• Other: Quarterly garbage fee ($45)
• Financial info: Down payment assistance available
• HOA & community: No association fee

Exterior

• Parking: Front garage entry; Attached 2-car garage; Driveway parking; Off-street and on-street parking; Parking on main level
• Utilities: Public water; Septic system; Electric water heater; Underground utilities; Spectrum internet available
• Home design: Existing home; Vinyl siding and stone exterior; Crawl space foundation
• Construction: Vinyl siding with stone accents; Crawl space foundation
• Exterior features: Sprinkling system; Storage building; Porch; Covered and open patio; Open deck

Interior

• Kitchen: Stone countertops; Electric cooktop; Built-in dishwasher; Built-in microwave; Electric oven; Self-cleaning oven; Refrigerator included; Some stainless steel appliances; Electric stove
• Bedrooms: Master bedroom (main level); Additional bedrooms (main level)
• Flooring: Vinyl flooring
• Bathrooms: Two full bathrooms; Separate shower and tub/shower combo; Split bedroom layout
• Heating & cooling: Central heating; Central air conditioning
• Interior features: 9 ft. + ceilings with crown molding; Recessed lighting; Vinyl flooring; Pull-down attic
• Laundry & utility: Main-level laundry in a closet; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $421 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $193k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 3.8% in Jasper — 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 62/100 on livability (#228 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Jasper City (town): math 27% / reading 55% proficiency, ranked #23 of 129 in AL (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Memorial Park Elementary School (math 50% / reading 68%, grade B-, #67 of 627 statewide, top 11%, 375 students, 65% FRL); Jasper High School (math 22% / reading 27%, grade F, #118 of 305 statewide, top 45%, 814 students, 53% FRL) — zoned schools average 59% FRL vs 42% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 109 active listings in the ZIP; 36 units permitted in Walker County in 2024 (0 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.
• Walker County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $122k; list at $199k implies a 63% 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 $193,030 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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. 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?
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: 1.06% ✓
• Cap rate: 8.83%
• Cash-on-cash: 9.06%
• DSCR: 1.40
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $168,345
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3415 Bankston Dr	0.42mi	3/2.0	1,218 (-2%)	6mo	$165,000	$135	68

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: -2.6%
• Equity multiple: 0.90×
• Total profit: $-5,502
• Equity at exit: $29,672

10-year hold

• IRR: 7.0%
• Equity multiple: 1.53×
• Total profit: $29,508
• Equity at exit: $17,206

Cash invested: $55,720 (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 35503

• Home prices YoY: -26.8%
• Active inventory: 109
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,105 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$116 /mo · $1,393/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$442
• Net cashflow: $421

Break-even live

Break-even rent $1,573

Max offer price $199,000

Occupancy floor 75%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-06-07
   statusdays on market $199,000 Pending 31 DOM
2. 2026-06-04
   days on market $199,000 Contingent 29 DOM
3. 2026-06-02
   days on market $199,000 Contingent 28 DOM
4. 2026-06-01
   days on market $199,000 Contingent 27 DOM
5. 2026-05-31
   days on market $199,000 Contingent 26 DOM
6. 2026-05-31
   days on market $199,000 Contingent 25 DOM
7. 2026-05-07
   historical Contingent
8. 2026-05-05
   listed $199,000 Active
9. 2018-12-17
   soldstatus $122,000
10. 2013-04-25
    soldstatus $120,000

ⓘ 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: $1,393 · $116/mo
• Projected year-2 tax: $1,393 · $116/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 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,265
• − Mortgage interest: −$11,147
• − Property taxes: −$1,393
• − Insurance: −$995
• − Repairs & maintenance: −$2,021
• − Management: −$2,021
• − Depreciation: −$5,789
• Taxable income: $1,898
• Est. tax owed @ 24.0%: −$456
• After-tax cash flow: $4,593/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: Jasper City
• NCES district ID: 0101890
• Math proficiency: 27% ▼ -23.00%
• Reading proficiency: 55% ▲ 3.00%
• Median HH income: $41,476
• Composite: 34.4/100
• National rank: #5204
• State rank: #23 of 129 in AL

Livability — Jasper

• Score: 62/100
• State rank: #228
• US rank: #17152

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jasper, AL
• City population: 9,927
• Population (ZIP): 9,601

Population outlook (Walker County) Hauer SSP2

• Today (2025): 61,037 people
• By 2030: 58,391 · -4.3%
• By 2040: 53,080 · -13.0%
• By 2050: 48,031 · -21.3%
• By 2075: 37,799 · -38.1%
• By 2100: 29,001 · -52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 2% Black 1% Hispanic / Latino 1%
• Common ancestry: Slovak 2% Iranian 1% Scotch-Irish 1%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+71.8) · D 13.8% · R 85.6%
• 2008→2024 swing: -25.4pp toward R · 2008: -46.4pp · 2024: -71.8pp
• All cycles: 2024: R+71.8 2020: R+67.9 2016: R+67.4 2012: R+52.9 2008: R+46.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.26%
• Current HPI: 172.9286
• 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

+65.8% since first listed

4 events — show timeline

• 2026-05-07 Contingent — Greater Alabama MLS
• 2026-05-05 Listed $199,000 Greater Alabama MLS
• 2018-12-17 Sold (Public Records) $122,000 Public Records
• 2013-04-25 Sold (Public Records) $120,000 Public Records

Property tax history

+14.2%/yr

Latest (2024): $1,393 · +8.5% YoY. Source: county tax records.