352 Jamestown Mnr · Gardendale, AL 35071

$149,900

3 bd · 2.5 ba · 612 sqft · Townhouse public records · 14 Days on market

Built 1986 4,356 sqft lot $245/sqft · 94% above area Est $155k · at est.

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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 +26.4/30.0
• ARV discount +9.1/15.0
• DSCR +9.0/10.0
• 1% rule +5.8/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 2.5-bath end-unit townhome offering comfort, privacy, and convenience! This home features plantation shutters throughout on double-pane windows, durable laminate hardwood floors, and a cozy fireplace anchoring the spacious living room. The end-unit location provides extra natural light and added privacy. Step outside to enjoy the beautifully landscaped, fully fenced backyard—great for relaxing or entertaining—from your back deck. The property includes essential appliances and offers exceptional value for the price. Conveniently located and move-in ready, this affordable townhome is a fantastic opportunity you don’t want to miss. Schedule your showing today!

Key facts

• Landscaped backyard
• Plantation shutters
• Cozy fireplace

Tags

• PLANTATION SHUTTERS
• DOUBLE-PANE WINDOWS
• LAMINATE HARDWOOD FLOORS
• COZY FIREPLACE
• END-UNIT LOCATION
• LANDSCAPED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $390 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 9.4% vs local median 5.5% in Gardendale — 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 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.
• Market conditions: 97 active listings in the ZIP; 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 $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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $125k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.08% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.15%
• DSCR: 1.50
• GRM: 7.7

CMA / ARV

• ARV (median comp): $155,275
• List price: $149,900
• Delta: -3.46%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $485
• Equity at exit: $22,351

10-year hold

• IRR: 9.9%
• Equity multiple: 1.77×
• Total profit: $32,134
• Equity at exit: $12,961

Cash invested: $41,972 (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: 97
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,614 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$37 /mo · $439/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $390

Break-even live

Break-even rent $1,120

Max offer price $149,900

Occupancy floor 71%

Sensitivity live

Price	-10% $475	-5% $432	+0% $390	+5% $348	+10% $305
Rent	-10% $263	-5% $326	+0% $390	+5% $454	+10% $518
Rate	-1.0pp $466	-0.5pp $428	base $390	+0.5pp $351	+1.0pp $312

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-12
   status Pending 719-char remark

   Show marketing remark (719 chars)

   Welcome to this charming 3-bedroom, 2.5-bath end-unit townhome offering comfort, privacy, and convenience! This home features plantation shutters throughout on double-pane windows, durable laminate hardwood floors, and a cozy fireplace anchoring the spacious living room. The end-unit location provides extra natural light and added privacy. Step outside to enjoy the beautifully landscaped, fully fenced backyard—great for relaxing or entertaining—from your back deck. The property includes essential appliances and offers exceptional value for the price. Conveniently located and move-in ready, this affordable townhome is a fantastic opportunity you don’t want to miss. Schedule your showing today!

2. 2026-05-12
   status Pending 719-char remark

   Show marketing remark (719 chars)

   Welcome to this charming 3-bedroom, 2.5-bath end-unit townhome offering comfort, privacy, and convenience! This home features plantation shutters throughout on double-pane windows, durable laminate hardwood floors, and a cozy fireplace anchoring the spacious living room. The end-unit location provides extra natural light and added privacy. Step outside to enjoy the beautifully landscaped, fully fenced backyard—great for relaxing or entertaining—from your back deck. The property includes essential appliances and offers exceptional value for the price. Conveniently located and move-in ready, this affordable townhome is a fantastic opportunity you don’t want to miss. Schedule your showing today!

3. 2026-04-27
   listed $149,900 Active 719-char remark

   Show marketing remark (719 chars)

   Welcome to this charming 3-bedroom, 2.5-bath end-unit townhome offering comfort, privacy, and convenience! This home features plantation shutters throughout on double-pane windows, durable laminate hardwood floors, and a cozy fireplace anchoring the spacious living room. The end-unit location provides extra natural light and added privacy. Step outside to enjoy the beautifully landscaped, fully fenced backyard—great for relaxing or entertaining—from your back deck. The property includes essential appliances and offers exceptional value for the price. Conveniently located and move-in ready, this affordable townhome is a fantastic opportunity you don’t want to miss. Schedule your showing today!

4. 2026-04-27
   listed $149,900 Active 719-char remark

   Show marketing remark (719 chars)

   Welcome to this charming 3-bedroom, 2.5-bath end-unit townhome offering comfort, privacy, and convenience! This home features plantation shutters throughout on double-pane windows, durable laminate hardwood floors, and a cozy fireplace anchoring the spacious living room. The end-unit location provides extra natural light and added privacy. Step outside to enjoy the beautifully landscaped, fully fenced backyard—great for relaxing or entertaining—from your back deck. The property includes essential appliances and offers exceptional value for the price. Conveniently located and move-in ready, this affordable townhome is a fantastic opportunity you don’t want to miss. Schedule your showing today!

5. 1991-12-18
   soldstatus $60,659
6. 1989-08-01
   soldstatus $58,539

ⓘ 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: $439 · $37/mo
• Projected year-2 tax: $615 · $51/mo
• Expected delta: +$176/yr (+$15/mo · 40.0%)

ⓘ 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 · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,370
• − Mortgage interest: −$8,397
• − Property taxes: −$439
• − Insurance: −$750
• − Repairs & maintenance: −$1,550
• − Management: −$1,550
• − Depreciation: −$4,361
• Taxable income: $2,325
• Est. tax owed @ 24.0%: −$558
• After-tax cash flow: $4,123/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

+113.5% since first listed

8 events — show timeline

• 2026-06-11 Sold (MLS) $125,000 WAMLS
• 2026-06-11 Sold (MLS) $125,000 Greater Alabama MLS
• 2026-05-12 Pending — WAMLS
• 2026-05-12 Pending — Greater Alabama MLS
• 2026-04-27 Listed $149,900 WAMLS
• 2026-04-27 Listed $149,900 Greater Alabama MLS
• 1991-12-18 Sold (Public Records) $60,659 Public Records
• 1989-08-01 Sold (Public Records) $58,539 Public Records