3120 Wisteria Ln · Northport, AL 35473

$195,000

3 bd · 2.0 ba · 1,790 sqft · SingleFamily public records · 52 Days on market

Built 2005 0.49 ac lot $109/sqft · 32% below area Est $288k · 32% under

---

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 +19.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.1/10.0
• 1% rule +4.1/10.0
• Livability +3.9/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This cute 3 bd/2.5 ba is move in ready! Family room has hardwood flooring & fireplace with gas logs. Kitchen has eat in area with stainless appliances. Nice side by side stainless refrigerator stays. Large formal dining with hardwoods and trey ceiling. Half bath for guest. Garage area has 2 nice storage rooms. Master suite is large; it has trey ceiling, double vanities, jetted tub, separate shower and 3 closets. Additional 2 bedrooms are good size. Large hallway has double linen closet. Home is full brick. Heat pumps are approx. 2 years old. Large lot backS up to Baptist Campground road.

Key facts

• Cul de sac
• Rolling hill
• 0.49 acre lot

Tags

• OVERLOOKS SUBDIVISION
• CUL DE SAC
• ROLLING HILL

Property features AI

Exterior

• Parking: Attached garage; Driveway; Concrete parking surfaces
• Utilities: Public water
• Home design: Single-family residence; Two-story
• Construction: Brick construction; Composition/shingle roof
• Exterior features: Paved road access; Lot approximately 0.49 acres

Interior

• Kitchen: Refrigerator; Electric water heater
• Bedrooms: Total of 4 rooms (bedroom count not specified)
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Has heating; Has cooling
• Interior features: Living room fireplace; Rain gutters; Crawl space basement
• Laundry & utility: Laundry on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $214 ($3k/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 $178k (8.6% below list).
• Recommended offer: $178k (8.6% below list) — sets the bar for 1% rule.
• Cap rate 7.6% vs local median 4.2% in Northport — 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 78/100 on livability (#8 in AL, #2,686 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F.
• Tuscaloosa County (suburban): math 21% / reading 45% proficiency, ranked #47 of 129 in AL (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Huntington Place Elementary School (math 42% / reading 67%, grade C, #87 of 627 statewide, top 15%, 350 students, 33% FRL); Echols Middle School (math 13% / reading 48%, grade F, #119 of 257 statewide, top 46%, 878 students, 64% FRL); Sipsey Valley High School (math 12% / reading 27%, grade F, #169 of 305 statewide, top 59%, 511 students, 58% FRL).
• Market conditions: 108 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 622 units permitted in Tuscaloosa County in 2024 (69 in 5+ unit buildings).
• This rent runs 31% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Tuscaloosa County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y ago 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.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 46% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $178,246 (8.6% below list)

Questions for the listing agent

1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 9% 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. 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.
4. 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.
5. 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: 0.91% ✗
• Cap rate: 7.61%
• Cash-on-cash: 4.70%
• DSCR: 1.21
• GRM: 9.1

CMA / ARV

• ARV (median comp): $288,470
• List price: $195,000
• Delta: -32.40%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7909 Meadowlake Dr W	0.12mi	3/2.0	1,769 (-1%)	23mo	$280,000	$158	73
2712 Shady Bank Ln	0.34mi	3/2.0	1,632 (-9%)	12mo	$255,000	$156	60
2635 Shady Bank Ln	0.34mi	3/2.0	1,521 (-15%)	1mo	$270,000	$178	58
4000 93rd Street St	0.57mi	3/2.0	1,656 (-8%)	5mo	$285,000	$172	57
7713 The Terrace Pkwy	0.69mi	3/2.0	1,642 (-8%)	1mo	$310,000	$189	53
4010 93rd St	0.61mi	3/2.0	1,958 (+9%)	9mo	$290,000	$148	48
7118 Grand Trestle Way	0.74mi	4/2.0 (+1)	1,774 (-1%)	12mo	$285,000	$161	48
3813 Fernwood Ln	0.73mi	4/2.0 (+1)	1,911 (+7%)	4mo	$295,000	$154	46
7303 Grand Trestle Way	0.74mi	4/2.0 (+1)	1,774 (-1%)	21mo	$287,900	$162	41
7231 Grand Trestle Way	0.74mi	4/2.0 (+1)	1,774 (-1%)	23mo	$265,400	$150	40
9625 Charlie Shirley Rd	0.37mi	4/3.0 (+1)	2,025 (+13%)	16mo	$355,000	$175	39
3811 Veranda Ct	0.68mi	3/2.0	1,642 (-8%)	20mo	$279,900	$170	38

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: -9.0%
• Equity multiple: 0.67×
• Total profit: $-18,060
• Equity at exit: $29,075

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $1,521
• Equity at exit: $16,860

Cash invested: $54,600 (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 35473

• Home prices YoY: -14.6%
• Active inventory: 108
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,782 medium
• Mortgage (P&I): −$1,023
• Tax from tax record: −$91 /mo · $1,088/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $214

Break-even live

Break-even rent $1,512

Max offer price $195,000

Occupancy floor 83%

Sensitivity live

Price	-10% $324	-5% $269	+0% $214	+5% $158	+10% $103
Rent	-10% $73	-5% $143	+0% $214	+5% $284	+10% $354
Rate	-1.0pp $312	-0.5pp $263	base $214	+0.5pp $163	+1.0pp $112

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7651 Highway 69 N Northport, AL	3.0	1.0–2.5	1067	$1,605	$1.50	14d	1	1.35mi

Listing history 25 events

1. 2026-06-18
   days on market $195,000 Active 52 DOM
2. 2026-06-17
   days on market $195,000 Active 51 DOM
3. 2026-06-16
   days on market $195,000 Active 50 DOM
4. 2026-06-15
   pricedays on market $195,000 Active 49 DOM
5. 2026-06-14
   days on market $205,000 Active 47 DOM
6. 2026-06-13
   days on market $205,000 Active 46 DOM
7. 2026-06-10
   days on market $205,000 Active 44 DOM
8. 2026-06-09
   days on market $205,000 Active 43 DOM
9. 2026-06-08
   days on market $205,000 Active 42 DOM
10. 2026-06-07
    days on market $205,000 Active 41 DOM
11. 2026-06-05
    days on market $205,000 Active 38 DOM
12. 2026-06-03
    days on market $205,000 Active 37 DOM
13. 2026-06-02
    days on market $205,000 Active 36 DOM
14. 2026-06-01
    days on market $205,000 Active 35 DOM
15. 2026-05-31
    days on market $205,000 Active 34 DOM
16. 2026-05-30
    days on market $205,000 Active 33 DOM
17. 2026-04-27
    listed $205,000 Active 619-char remark
18. 2025-04-25
    status Pending
19. 2025-04-13
    price $190,000
20. 2025-02-04
    price $230,000
21. 2024-11-19
    listed $250,000 Active
22. 2014-06-19
    soldstatus $181,900
23. 2014-06-16
    soldstatus $177,900

    Show marketing remark (600 chars)

    This cute 3 bd/2.5 ba is move in ready! Family room has hardwood flooring & fireplace with gas logs. Kitchen has eat in area with stainless appliances. Nice side by side stainless refrigerator stays. Large formal dining with hardwoods and trey ceiling. Half bath for guest. Garage area has 2 nice storage rooms. Master suite is large; it has trey ceiling, double vanities, jetted tub, separate shower and 3 closets. Additional 2 bedrooms are good size. Large hallway has double linen closet. Home is full brick. Heat pumps are approx. 2 years old. Large lot backS up to Baptist Campground road.

24. 2014-03-13
    listed $179,900

    Show marketing remark (600 chars)

    This cute 3 bd/2.5 ba is move in ready! Family room has hardwood flooring & fireplace with gas logs. Kitchen has eat in area with stainless appliances. Nice side by side stainless refrigerator stays. Large formal dining with hardwoods and trey ceiling. Half bath for guest. Garage area has 2 nice storage rooms. Master suite is large; it has trey ceiling, double vanities, jetted tub, separate shower and 3 closets. Additional 2 bedrooms are good size. Large hallway has double linen closet. Home is full brick. Heat pumps are approx. 2 years old. Large lot backS up to Baptist Campground road.

25. 2008-04-01
    soldstatus $160,000

ⓘ 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: $1,088 · $91/mo
• Projected year-2 tax: $1,088 · $91/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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 46% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,390
• − Mortgage interest: −$10,923
• − Property taxes: −$1,088
• − Insurance: −$975
• − Repairs & maintenance: −$1,711
• − Management: −$1,711
• − Depreciation: −$5,673
• Taxable loss: −$692
• Est. tax savings @ 24.0%: +$166
• After-tax cash flow: $2,729/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: Tuscaloosa County
• NCES district ID: 0103390
• Math proficiency: 21% ▼ -24.00%
• Reading proficiency: 45% ▲ 2.00%
• Median HH income: $53,000
• Composite: 28.88/100
• National rank: #6641
• State rank: #47 of 129 in AL

Livability — Northport

• Score: 78/100
• State rank: #8
• US rank: #2686

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Northport, AL
• County: Tuscaloosa County · 206,491 people
• City population: 47,464
• Metro: Tuscaloosa, AL
• Population (ZIP): 18,198
• Household income: $69,657
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 740.0

Population outlook (Tuscaloosa County) Hauer SSP2

• Today (2025): 228,293 people
• By 2030: 240,551 · +5.4%
• By 2040: 263,856 · +15.6%
• By 2050: 286,491 · +25.5%
• By 2075: 335,783 · +47.1%
• By 2100: 370,520 · +62.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 20% Hispanic / Latino 9% Two or more races 6%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 3% Slovak 1% Italian 1%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 6% German/W. Germanic 1%

Political lean MEDSL · Tuscaloosa

• 2024 margin: Strong R (+20.4) · D 39.4% · R 59.8%
• 2008→2024 swing: -4.4pp toward R · 2008: -16.0pp · 2024: -20.4pp
• All cycles: 2024: R+20.4 2020: R+14.8 2016: R+19.5 2012: R+17.4 2008: R+16.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.92%
• Current HPI: 222.5458
• Rent YoY: —
• Metro: Tuscaloosa, 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

+21.9% since first listed

10 events — show timeline

• 2026-06-14 Price Changed $195,000 WAMLS
• 2026-04-27 Listed $205,000 WAMLS
• 2025-04-25 Pending — WAMLS
• 2025-04-13 Price Changed $190,000 WAMLS
• 2025-02-04 Price Changed $230,000 WAMLS
• 2024-11-19 Listed $250,000 WAMLS
• 2014-06-19 Sold (Public Records) $181,900 Public Records
• 2014-06-16 Sold (MLS) $177,900 WAMLS
• 2014-03-13 Listed $179,900 WAMLS
• 2008-04-01 Sold (Public Records) $160,000 Public Records

Property tax history

+6.0%/yr

Latest (2025): $1,088 · +4.4% YoY. Source: county tax records.