130 15th Ave SE · Graysville, AL 35073

$134,900

3 bd · 1.0 ba · 1,943 sqft · SingleFamily public records · 6 Days on market

Built 1950 0.41 ac lot Est $155k · 13% 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).

• Cash flow +21.8/30.0
• ARV discount +13.4/15.0
• Appreciation +7.1/10.0
• DSCR +7.0/10.0
• 1% rule +4.7/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

Welcome Home ! This beautiful Spacious home features 3 Bedrooms, 2 full bathrooms, Kitchen, and Dining Room. Enjoy time sitting on the porch early in the morning or in the evening after a day of work. Schedule your private showing today.

Key facts

• 0.41 acre lot
• Built 1950
• Listed 6 days

Property features AI

Finance

• Other: Lot size approximately 0.41 acres; Located in the Graysville subdivision

Exterior

• Parking: Driveway parking
• Utilities: Public water; Septic system; Electric water heater; Internet service availability: Unknown
• Home design: Existing (previously built) property; Siding: Vinyl; Foundation: Crawl space
• Construction: Vinyl siding construction
• Exterior features: Front porch; No pool; No patio; No deck; Not waterfront; No garden/patio

Interior

• Kitchen: Laminate countertops; Built-in dishwasher; Built-in microwave; Electric stove
• Bedrooms: Bedrooms located on main level
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: 2 full bathrooms; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Split bedroom floorplan; Ceilings: Other (see remarks)
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on main level in a closet

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $211 ($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 $131k (3.0% below list).
• Recommended offer: $131k (3.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#321 in AL) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• 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: Brookville Elementary School (math 17% / reading 22%, grade F, #467 of 627 statewide, top 76%, 187 students, 79% FRL); Minor High School (math 4% / reading 8%, grade F, #275 of 305 statewide, top 90%, 915 students, 84% FRL) — zoned schools average 82% FRL vs 49% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 21 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d 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 $6k of equity ($933 loan paydown + $6k appreciation (4.1% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.1% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $72k; list at $135k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $130,847 (3.0% below list)

Questions for the listing agent

1. Built in 1950 — 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. 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.
5. 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.
6. 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: 0.97% ✗
• Cap rate: 8.17%
• Cash-on-cash: 6.70%
• DSCR: 1.30
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $155,440
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1533 1st St SE	0.04mi	3/2.0	1,748 (-10%)	8mo	$115,000	$66	71
928 2nd St SE	0.51mi	3/2.0	1,851 (-5%)	3mo	$100,000	$54	62
831 1st St SE	0.58mi	4/2.5 (+1)	1,900 (-2%)	7mo	$190,500	$100	52
1203 Main St	0.28mi	3/2.0	2,216 (+14%)	18mo	$170,000	$77	44
201 Mcallister St	0.68mi	4/2.0 (+1)	1,808 (-7%)	16mo	$145,000	$80	34
5417 Storey Dr	0.62mi	4/2.5 (+1)	1,743 (-10%)	16mo	$206,000	$118	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.12% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 16.5%
• Equity multiple: 2.00×
• Total profit: $37,799
• Equity at exit: $69,340

10-year hold

• IRR: 17.3%
• Equity multiple: 3.81×
• Total profit: $106,083
• Equity at exit: $114,171

Cash invested: $37,772 (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 35073

• Home prices YoY: 2.4%
• Active inventory: 21
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,308 high
• Mortgage (P&I): −$707
• Tax from tax record: −$59 /mo · $710/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $211

Break-even live

Break-even rent $1,041

Max offer price $134,900

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
958 S Main St Graysville, AL	3.0	2.0	1330	$1,285	$0.97	43d	1	0.54mi
208 Spring St Adamsville, AL	4.0	2.5	2266	$1,450	$0.64	43d	1	0.96mi
215 2nd Pl SW Graysville, AL	3.0	2.0	1309	$1,150	$0.88	2d	1	1.21mi
933 Crestview Ln Adamsville, AL	3.0	1.5	1500	$1,285	$0.86	44d	1	1.22mi
5309 Hazelwood Rd Adamsville, AL	3.0	2.0	1526	$1,325	$0.87	1d	1	1.27mi
118 3rd St NW Graysville, AL	3.0	2.0	1374	$1,300	$0.95	1d	1	1.44mi

Listing history 6 events

1. 2026-06-18
   days on market $134,900 Active 6 DOM
2. 2026-06-17
   days on market $134,900 Active 5 DOM
3. 2026-06-16
   days on market $134,900 Active 4 DOM
4. 2026-06-15
   days on market $134,900 Active 3 DOM
5. 2026-06-13
   remarks 238-char remark
6. 2026-06-13
   listed $134,900 Active 1 DOM

ⓘ 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: $710 · $59/mo
• Projected year-2 tax: $710 · $59/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 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 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,702
• − Mortgage interest: −$7,556
• − Property taxes: −$710
• − Insurance: −$674
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$3,924
• Taxable income: $324
• Est. tax owed @ 24.0%: −$78
• After-tax cash flow: $2,453/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 — Graysville

• Score: 59/100
• State rank: #321
• US rank: #19807

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Graysville, AL
• Population (ZIP): 2,839

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 27% Two or more races 4%
• Common ancestry: Iranian 2% Slovak 1% Lithuanian 1%
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 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: ▲ 4.12%
• Current HPI: 176.8227
• 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

+979.2% since first listed

3 events — show timeline

• 2026-06-12 Listed $134,900 Greater Alabama MLS
• 2024-12-02 Sold (Public Records) $72,500 Public Records
• 1973-02-14 Sold (Public Records) $12,500 Public Records

Property tax history

+4.2%/yr

Latest (2025): $710 · +0.0% YoY. Source: county tax records.