2236 NE 6th St · Center Point, AL 35215

$117,500

3 bd · 1.0 ba · 968 sqft · SingleFamily public records · 21 Days on market

Built 1957 0.46 ac lot Est $91k · 29% 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 +22.0/30.0
• DSCR +7.0/10.0
• 1% rule +5.1/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Wow! Come check out this Gem located in a great area! New paint inside and out! Big back yard! This one is ready for a new owner. . Come see today!!

Key facts

• 0.46 acre lot
• Parking
• Built 1957

Property features AI

Finance

• Other: Parcel ID available
• Financial info: Annual fire fee applies
• HOA & community: Minor subdivision: MORNINGSIDE

Exterior

• Parking: Driveway parking; One carport space
• Security: Located in Center Point Fire District
• Utilities: Public water; Connected sewer; Electric water heater; Internet service availability unknown
• Home design: Existing construction; Vinyl siding exterior; Crawl space foundation; Tri-level: no; Split level: no; Split foyer: no; Subdivision: MORNINGSIDE
• Construction: Vinyl siding construction
• Exterior features: Not waterfront; No pool; No patio; No garden/patio; No decks; Flood plain: no; Lot view: none; Lot size 0.46 acres

Interior

• Kitchen: Laminate countertops; Electric cooktop
• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level
• Flooring: Carpet flooring
• Bathrooms: One full bathroom with tub/shower combo on main level
• Heating & cooling: Central heating; Central cooling
• Interior features: Ceilings described as other (see remarks); No additional built-in interior features listed
• Laundry & utility: Laundry located on main level; Washer hookup in garage area; Electric dryer hookup; Utilities in garage

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $118k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $118k).
• Recommended offer: $116k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#193 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, commute A, housing A; Watch: crime D, amenities F, employment 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: Center Point Elementary School (618 students, 82% FRL); Center Point High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 774 students, 91% FRL) — zoned schools average 86% FRL vs 49% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 2% at this address vs 20% district-wide (-18 pts) — the specific schools serving this property underperform the Jefferson County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.0%/yr); 334 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $812 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 21 days — a 2% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 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 $80k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $115,737 (1.5% below list)

Questions for the listing agent

1. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is D 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: 1.01% ✓
• Cap rate: 8.21%
• Cash-on-cash: 6.84%
• DSCR: 1.30
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $90,992
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
509 20th Ave NE	0.31mi	3/1.5	1,008 (+4%)	7mo	$95,000	$94	70
405 20th Ct NE	0.29mi	3/1.5	1,112 (+15%)	13mo	$102,615	$92	49
1928 Reed Rd	0.39mi	3/1.5	1,050 (+8%)	21mo	$132,500	$126	48
770 Mary Vann Ln	0.73mi	3/1.5	992 (+2%)	23mo	$63,000	$64	40

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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.79×
• Total profit: $-7,060
• Equity at exit: $17,520

10-year hold

• IRR: 3.9%
• Equity multiple: 1.28×
• Total profit: $9,360
• Equity at exit: $10,159

Cash invested: $32,900 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 334
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,189 high
• Mortgage (P&I): −$616
• Tax from tax record: −$87 /mo · $1,039/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $188

Break-even live

Break-even rent $952

Max offer price $117,500

Occupancy floor 79%

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: $29,375
• Closing costs: $3,525
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
509 20th Ave NE Center Point, AL	3.0	1.5	1008	$1,200	$1.19	23d	1	0.29mi
332 23rd Ave NE Center Point, AL	3.0	1.0	1100	$1,350	$1.23	2d	1	0.33mi
2109 Whetstone Ct Center Point, AL	2.0	1.5	800	$675	$0.84	2d	1	0.33mi
401 22nd Ave NE Center Point, AL	2.0	1.5	850	$745	$0.88	16d	1	0.34mi
856 Parkbrook Trl Birmingham, AL	1.0–3.0	1.0–2.0	925	$1,180	$1.28	2d	10	0.35mi
124 21st Ave NE Unit 202 Center Point, AL	2.0	1.0	830	$750	$0.90	16d	1	0.67mi
123 21st Ave NE Center Point, AL	2.0	1.0	850	$800	$0.94	43d	1	0.70mi
2537 3rd St NE Center Point, AL	3.0	2.0	1040	$1,350	$1.30	23d	1	0.78mi
1814 Valley Run Cir Birmingham, AL	3.0	1.0	1025	$1,350	$1.32	43d	1	0.92mi
2318 Raintree Ct Center Point, AL	2.0	1.0	975	$1,100	$1.13	2d	2	0.96mi
109 24th Ave NW Center Point, AL	3.0	1.5	1023	$1,215	$1.19	43d	1	0.99mi
1720 2nd St NE Center Point, AL	3.0	2.0	1100	$1,400	$1.27	43d	1	1.01mi
107 Sterling Ct NW Center Point, AL	2.0	1.5–2.0	1026	$1,062	$1.04	2d	4	1.07mi
3309 Chase Ln Unit 3309 Birmingham, AL	2.0	2.0	1068	$1,000	$0.94	43d	1	1.26mi
1628 1st St NE Center Point, AL	3.0	1.0	1027	$1,165	$1.13	43d	1	1.26mi
341 Argonne Dr NE Center Point, AL	3.0	1.0	1040	$1,300	$1.25	2d	1	1.27mi
1629 1st St NW Center Point, AL	3.0	1.0	900	$1,025	$1.14	23d	1	1.31mi
1628 1st St NW Center Point, AL	3.0	1.0	1124	$1,150	$1.02	43d	1	1.34mi
2323 4th St NW Center Point, AL	3.0	1.0	1038	$1,305	$1.26	2d	1	1.42mi
3073 Panorama E Birmingham, AL	1.0–3.0	1.0–2.0	975	$1,275	$1.31	1d	20	1.43mi
1541 Charter East Cir NE Birmingham, AL	1.0–2.0	1.0–1.5	807	$1,095	$1.36	2d	8	1.49mi

Listing history 17 events

1. 2026-06-18
   days on market $117,500 Active 21 DOM
2. 2026-06-17
   days on market $117,500 Active 20 DOM
3. 2026-06-16
   days on market $117,500 Active 19 DOM
4. 2026-06-15
   days on market $117,500 Active 18 DOM
5. 2026-06-13
   days on market $117,500 Active 16 DOM
6. 2026-06-10
   pricedays on market $117,500 Active 13 DOM
7. 2026-06-09
   days on market $119,500 Active 12 DOM
8. 2026-06-08
   days on market $119,500 Active 11 DOM
9. 2026-06-07
   days on market $119,500 Active 10 DOM
10. 2026-06-03
    days on market $119,500 Active 6 DOM
11. 2026-06-02
    days on market $119,500 Active 5 DOM
12. 2026-06-01
    days on market $119,500 Active 4 DOM
13. 2026-05-31
    days on market $119,500 Active 3 DOM
14. 2026-05-29
    status Active
15. 2026-05-28
    historical
16. 2026-05-27
    listed $119,500 Active
17. 2005-08-09
    soldstatus $80,000

ⓘ 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: $1,039 · $87/mo
• Projected year-2 tax: $1,039 · $87/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 ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,269
• − Mortgage interest: −$6,582
• − Property taxes: −$1,039
• − Insurance: −$588
• − Repairs & maintenance: −$1,142
• − Management: −$1,142
• − Depreciation: −$3,418
• Taxable income: $359
• Est. tax owed @ 24.0%: −$86
• After-tax cash flow: $2,165/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 — Center Point

• Score: 63/100
• State rank: #193
• US rank: #15671

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Center Point, AL
• County: Jefferson County · 527,445 people
• City population: 210,422
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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 Black (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% 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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• 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

+49.4% since first listed

4 events — show timeline

• 2026-05-29 Relisted — Greater Alabama MLS
• 2026-05-28 Delisted — Greater Alabama MLS
• 2026-05-27 Listed $119,500 Greater Alabama MLS
• 2005-08-09 Sold (Public Records) $80,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $1,039 · +6.9% YoY. Source: county tax records.