1302 Janna St · Jasper, AL 35504

$210,000

3 bd · 2.0 ba · 1,728 sqft · SingleFamily public records · 35 Days on market

Built 1988 0.60 ac lot Est $225k · 7% under

---

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 +15.7/30.0
• ARV discount +10.4/15.0
• DSCR +4.8/10.0
• Schools +3.4/10.0
• Livability +3.1/5.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table, ideal for entertaining guests or relaxing with family This home offers a perfect blend of comfort and convenience, providing ample space for both indoor and outdoor activities. Don't miss the opportunity to make this beautiful property your new home!

Key facts

• 0.6 acre lot
• Parking
• Pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $91 ($1k/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 $168k (20.2% below list).
• Recommended offer: $168k (20.2% below list) — sets the bar for 1% rule.
• Cap rate 6.8% 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); Maddox Intermediate School (math 26% / reading 59%, grade D-, #51 of 257 statewide, top 20%, 636 students, 61% FRL); Jasper High School (math 22% / reading 27%, grade F, #118 of 305 statewide, top 45%, 814 students, 53% FRL) — zoned schools average 60% FRL vs 42% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 163 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 35 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 11y 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, 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 $167,500 (20.2% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 20% 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: 0.80% ✗
• Cap rate: 6.81%
• Cash-on-cash: 1.86%
• DSCR: 1.08
• GRM: 10.4

CMA / ARV

• ARV (on-the-fly): $224,640
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1306 Oakview ST St	0.12mi	3/2.0	1,600 (-7%)	19mo	$242,000	$151	66
1500 Janna St	0.08mi	3/2.0	1,570 (-9%)	22mo	$235,000	$150	63
2304 Charter Rd	0.63mi	3/2.0	1,869 (+8%)	2mo	$240,000	$128	56
1400 Laurin St	0.08mi	3/2.0	1,500 (-13%)	24mo	$250,000	$167	54
1813 NW 4th Ave	0.70mi	3/2.0	1,680 (-3%)	11mo	$212,000	$126	54
102 NW 13th St	0.45mi	3/2.0	1,510 (-13%)	6mo	$245,000	$162	53
1502 Afton Way	0.57mi	3/2.0	1,862 (+8%)	14mo	$280,000	$150	49
1205 Willowbrook Dr	0.57mi	3/2.0	1,660 (-4%)	24mo	$215,000	$130	47
1207 N Airport Rd	0.38mi	4/3.0 (+1)	1,921 (+11%)	15mo	$105,400	$55	43
2206 Charter Rd	0.58mi	4/2.0 (+1)	1,600 (-7%)	20mo	$189,900	$119	39
1903 Otwell Rd	0.72mi	4/3.0 (+1)	1,937 (+12%)	3mo	$194,000	$100	35

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: -13.4%
• Equity multiple: 0.52×
• Total profit: $-28,347
• Equity at exit: $31,312

10-year hold

• IRR: -4.6%
• Equity multiple: 0.70×
• Total profit: $-17,671
• Equity at exit: $18,157

Cash invested: $58,800 (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 35504

• Home prices YoY: -34.0%
• Active inventory: 163
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,675 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$44 /mo · $523/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $91

Break-even live

Break-even rent $1,560

Max offer price $210,000

Occupancy floor 90%

Sensitivity live

Price	-10% $210	-5% $150	+0% $91	+5% $31	+10% $-28
Rent	-10% $-41	-5% $25	+0% $91	+5% $157	+10% $223
Rate	-1.0pp $197	-0.5pp $144	base $91	+0.5pp $37	+1.0pp $-19

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
630 Golden Eagle Cir Jasper, AL	4.0	2.0	1620	$1,675	$1.03	45d	1	0.71mi

Listing history 27 events

1. 2024-08-13
   soldstatus $195,000
2. 2024-07-29
   soldstatus $195,000 Sold 581-char remark

   Show marketing remark (581 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table, ideal for entertaining guests or relaxing with family This home offers a perfect blend of comfort and convenience, providing ample space for both indoor and outdoor activities. Don't miss the opportunity to make this beautiful property your new home!

3. 2024-07-25
   soldstatus $195,000 Closed 330-char remark

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

4. 2024-07-25
   soldstatus $195,000 Closed

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

5. 2024-06-27
   historical Active Under Contract

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

6. 2024-06-27
   status Pending 330-char remark

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

7. 2024-06-27
   status Pending

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

8. 2024-06-13
   price $210,000

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

9. 2024-06-13
   price $210,000 330-char remark

   Show marketing remark (330 chars)

   Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

10. 2024-06-13
    price $210,000

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

11. 2024-06-11
    status Active
12. 2024-06-08
    status Active 330-char remark

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

13. 2024-06-08
    status Active

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

14. 2024-06-06
    status Pending 581-char remark

    Show marketing remark (581 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table, ideal for entertaining guests or relaxing with family This home offers a perfect blend of comfort and convenience, providing ample space for both indoor and outdoor activities. Don't miss the opportunity to make this beautiful property your new home!

15. 2024-06-04
    status Pending 330-char remark

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

16. 2024-06-04
    historical Active Under Contract

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

17. 2024-06-01
    listed $219,000 Active 581-char remark

    Show marketing remark (581 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table, ideal for entertaining guests or relaxing with family This home offers a perfect blend of comfort and convenience, providing ample space for both indoor and outdoor activities. Don't miss the opportunity to make this beautiful property your new home!

18. 2024-05-31
    listed $219,000 Active 330-char remark

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

19. 2024-05-31
    listed $219,000 Active

    Show marketing remark (330 chars)

    Welcome to your dream home! This stunning 3-bedroom, 3-bathroom house is located in a quiet subdivision that is conveniently close to all amenities. Modern kitchen with granite countertops and plenty of cabinet space. Large deck overlooking an above-ground pool, perfect for summer gatherings. Finished rec room with a pool table.

20. 2024-04-18
    historical
21. 2024-03-29
    price $219,000
22. 2024-03-28
    listed $21,900 Active
23. 2024-03-25
    listed $219,000 Active
24. 2024-03-25
    listed $219,000 Active
25. 2016-05-02
    soldstatus $110,007
26. 2016-04-28
    soldstatus $110,000
27. 2015-07-16
    listed $114,900

ⓘ 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: $523 · $44/mo
• Projected year-2 tax: $861 · $72/mo
• Expected delta: +$338/yr (+$28/mo · 64.7%)

ⓘ 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 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: $20,100
• − Mortgage interest: −$11,763
• − Property taxes: −$523
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,608
• − Management: −$1,608
• − Depreciation: −$6,109
• Taxable loss: −$2,561
• Est. tax savings @ 24.0%: +$615
• After-tax cash flow: $1,706/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): 13,505

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 (87%)
• Race & ethnicity: White 87% Hispanic / Latino 6% Two or more races 5% Black 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 3% Italian 2% Serbian 2%
• Foreign-born: 1% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -84.42%
• Current HPI: 164.0387
• 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

+69.7% since first listed

27 events — show timeline

• 2024-08-13 Sold (Public Records) $195,000 Public Records
• 2024-07-29 Sold (MLS) $195,000 VMLS
• 2024-07-25 Sold (MLS) $195,000 SAARMLS
• 2024-07-25 Sold (MLS) $195,000 Walker County Area MLS
• 2024-06-27 Contingent — SAARMLS
• 2024-06-27 Pending — Walker County Area MLS
• 2024-06-27 Pending — Greater Alabama MLS
• 2024-06-13 Price Changed $210,000 Greater Alabama MLS
• 2024-06-13 Price Changed $210,000 Walker County Area MLS
• 2024-06-13 Price Changed $210,000 SAARMLS
• 2024-06-11 Relisted — Greater Alabama MLS
• 2024-06-08 Relisted — Walker County Area MLS
• 2024-06-08 Relisted — SAARMLS
• 2024-06-06 Pending — VMLS
• 2024-06-04 Pending — Walker County Area MLS
• 2024-06-04 Contingent — SAARMLS
• 2024-06-01 Listed $219,000 VMLS
• 2024-05-31 Listed $219,000 SAARMLS
• 2024-05-31 Listed $219,000 Walker County Area MLS
• 2024-04-18 Delisted — Greater Alabama MLS
• 2024-03-29 Price Changed $219,000 Walker County Area MLS
• 2024-03-28 Listed $21,900 Walker County Area MLS
• 2024-03-25 Listed $219,000 SAARMLS
• 2024-03-25 Listed $219,000 Greater Alabama MLS
• 2016-05-02 Sold (Public Records) $110,007 Public Records
• 2016-04-28 Sold (MLS) $110,000 Walker County Area MLS
• 2015-07-16 Listed $114,900 Walker County Area MLS

Property tax history

+4.0%/yr

Latest (2024): $523 · +12.6% YoY. Source: county tax records.