1991 Townhouse Ln · Hueytown, AL 35023

$159,900

3 bd · 2.0 ba · 2,184 sqft · Townhouse public records · 151 Days on market

Built 1990 2,178 sqft lot $73/sqft · 17% below area Est $200k · 20% 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).

• ARV discount +15.0/15.0
• Cash flow +14.3/30.0
• Appreciation +4.7/10.0
• DSCR +4.3/10.0
• 1% rule +3.0/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Welcome to 1991 Townhouse Lane Hueytown - minutes away from stores and the interstate. This quiet neighborhood is tucked away hidden in plain sight. There are 3Br/ 2Ba, the Master is on the main or you can have the Master upstairs your choice. All bedrooms are large and there is a bonus room connected to one of the bedrooms it would make a nice office, playroom for the kids or you decided. Nice size front and back yards not to large and not too small. The Laundry room is located on the main level and there is plenty of closets and storage space throughout this home. Large Kitchen with counter space, an island and lots of cabinets did I forget the pantry. There are 2 off street parking spaces just for you! This is a must see!

Key facts

• Off street parking
• Laundry room
• Bonus room

Tags

• BONUS ROOM
• LAUNDRY ROOM
• COUNTER SPACE
• OFF STREET PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $160k.

Deal economics

• At list price, monthly cash flow is $29 ($349/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 $128k (19.8% below list).
• Recommended offer: $128k (19.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities 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: Brighton School (math 5% / reading 15%, grade F, #566 of 627 statewide, top 90%, 365 students, 89% FRL); Pleasant Grove High School (math 0% / reading 18%, grade F, #260 of 305 statewide, top 85%, 729 students, 57% FRL) — zoned schools average 73% FRL vs 49% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 255 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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

• In year one you build about $147 of equity ($1k loan paydown + $-959 appreciation (-0.6% local appreciation)).
• 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 151 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $76k; list at $160k implies a 111% 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 $128,273 (19.8% below list)

Questions for the listing agent

1. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 20% 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 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 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?
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: 0.80% ✗
• Cap rate: 6.51%
• Cash-on-cash: 0.78%
• DSCR: 1.03
• GRM: 10.4

CMA / ARV

• ARV (median comp): $200,351
• List price: $159,900
• Delta: -20.19%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -4.6%
• Equity multiple: 0.80×
• Total profit: $-9,118
• Equity at exit: $41,690

10-year hold

• IRR: 0.7%
• Equity multiple: 1.07×
• Total profit: $3,190
• Equity at exit: $46,472

Cash invested: $44,772 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 255
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,283 high
• Mortgage (P&I): −$839
• Tax from tax record: −$79 /mo · $949/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $29

Break-even live

Break-even rent $1,246

Max offer price $159,900

Occupancy floor 93%

Sensitivity live

Price	-10% $120	-5% $74	+0% $29	+5% $-16	+10% $-61
Rent	-10% $-72	-5% $-22	+0% $29	+5% $80	+10% $130
Rate	-1.0pp $110	-0.5pp $70	base $29	+0.5pp $-12	+1.0pp $-55

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	18d	1	0.04mi
1206 15th St Birmingham, AL	3.0	1.0	1600	$950	$0.59	46d	1	1.10mi
216 Meadowood Ave Bessemer, AL	3.0	1.0	1430	$1,250	$0.87	5d	1	1.12mi
106 Lindberg Rd Bessemer, AL	3.0	2.0	1554	$1,385	$0.89	23d	1	1.23mi
1303 9th Ave Birmingham, AL	3.0	2.0	1920	$1,200	$0.62	46d	1	1.26mi
123 Westbrook Rd Bessemer, AL	3.0	2.0	1427	$1,275	$0.89	46d	1	1.27mi

Listing history 18 events

1. 2026-06-22
   days on market $159,900 Active 151 DOM
2. 2026-06-18
   days on market $159,900 Active 148 DOM
3. 2026-06-17
   days on market $159,900 Active 147 DOM
4. 2026-06-16
   days on market $159,900 Active 146 DOM
5. 2026-06-15
   days on market $159,900 Active 145 DOM
6. 2026-06-13
   days on market $159,900 Active 143 DOM
7. 2026-06-10
   days on market $159,900 Active 140 DOM
8. 2026-06-09
   days on market $159,900 Active 139 DOM
9. 2026-06-08
   days on market $159,900 Active 138 DOM
10. 2026-06-07
    days on market $159,900 Active 137 DOM
11. 2026-06-03
    days on market $159,900 Active 133 DOM
12. 2026-06-02
    days on market $159,900 Active 132 DOM
13. 2026-06-01
    days on market $159,900 Active 131 DOM
14. 2026-05-31
    days on market $159,900 Active 130 DOM
15. 2026-04-04
    price $159,900 734-char remark

    Show marketing remark (734 chars)

    Welcome to 1991 Townhouse Lane Hueytown - minutes away from stores and the interstate. This quiet neighborhood is tucked away hidden in plain sight. There are 3Br/ 2Ba, the Master is on the main or you can have the Master upstairs your choice. All bedrooms are large and there is a bonus room connected to one of the bedrooms it would make a nice office, playroom for the kids or you decided. Nice size front and back yards not to large and not too small. The Laundry room is located on the main level and there is plenty of closets and storage space throughout this home. Large Kitchen with counter space, an island and lots of cabinets did I forget the pantry. There are 2 off street parking spaces just for you! This is a must see!

16. 2026-01-21
    listed $165,000 Active 734-char remark

    Show marketing remark (734 chars)

    Welcome to 1991 Townhouse Lane Hueytown - minutes away from stores and the interstate. This quiet neighborhood is tucked away hidden in plain sight. There are 3Br/ 2Ba, the Master is on the main or you can have the Master upstairs your choice. All bedrooms are large and there is a bonus room connected to one of the bedrooms it would make a nice office, playroom for the kids or you decided. Nice size front and back yards not to large and not too small. The Laundry room is located on the main level and there is plenty of closets and storage space throughout this home. Large Kitchen with counter space, an island and lots of cabinets did I forget the pantry. There are 2 off street parking spaces just for you! This is a must see!

17. 1997-02-19
    soldstatus $75,900
18. 1993-05-10
    soldstatus $71,000

ⓘ 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: $949 · $79/mo
• Projected year-2 tax: $949 · $79/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 6/10 Major 7 d/yr ≥108°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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,393
• − Mortgage interest: −$8,957
• − Property taxes: −$949
• − Insurance: −$800
• − Repairs & maintenance: −$1,231
• − Management: −$1,231
• − Depreciation: −$4,652
• Taxable loss: −$2,428
• Est. tax savings @ 24.0%: +$583
• After-tax cash flow: $932/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 — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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 0.56)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% 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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

+125.2% since first listed

4 events — show timeline

• 2026-04-04 Price Changed $159,900 Greater Alabama MLS
• 2026-01-21 Listed $165,000 Greater Alabama MLS
• 1997-02-19 Sold (Public Records) $75,900 Public Records
• 1993-05-10 Sold (Public Records) $71,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $949 · +0.0% YoY. Source: county tax records.