6408 Telia Dr · Clay, AL 35126

$185,000

3 bd · 2.0 ba · 1,063 sqft · SingleFamily public records · 12 Days on market

Built 1984 0.36 ac lot Est $158k · 17% over

---

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 +15.6/30.0
• DSCR +4.8/10.0
• Livability +3.8/5.0
• 1% rule +3.6/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this well-maintained 3-bedroom, 2-bath residence offering the convenience of all one-level living in a peaceful cul-de-sac setting. Enjoy a functional floor plan with comfortable living spaces and plenty of room to make it your own. The full, unfinished basement provides excellent storage or future expansion potential and includes a convenient 1-car basement garage. Recent updates, per seller, include: Stove ~ 2026 Flooring ~ 2026 Interior Paint ~ 2026 Dishwasher ~ 2024 Deck ~ 2023 Gas Hot Water Heater ~ 2021 Step outside and relax on the newer deck, perfect for entertaining, grilling, or enjoying your morning coffee. The cul-de-sac location offers reduced traffic and a ne

Key facts

• One-level living
• Newer deck
• Cul-de-sac setting

Tags

• ONE-LEVEL LIVING
• CUL-DE-SAC SETTING
• FULL UNFINISHED BASEMENT
• 1-CAR BASEMENT GARAGE
• NEWER DECK
• REDUCED TRAFFIC

Property features AI

Finance

• Other: Lot size approximately 0.36 acres; Subdivision: Cosby Hills; Flood plain: No; Historic register: No
• Financial info: Fire fee billed quarterly ($75); Garbage fee billed quarterly ($60)

Exterior

• Parking: Front garage entry; Basement parking; 1 total garage space (1 in basement)
• Utilities: Public water; Septic system; Gas water heater; Internet available (Spectrum)
• Home design: Wood construction; Basement foundation; Existing home
• Construction: Wood construction; Basement foundation
• Exterior features: Open deck; No pool; No patio; No garden/patio; Not waterfront

Interior

• Kitchen: Laminate countertops; Built-in dishwasher; Electric stove
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Hardwood; Laminate
• Bathrooms: Two full bathrooms; Separate shower; Tub/shower combination
• Heating & cooling: Central heating; Gas heat; Central air conditioning (electric)
• Interior features: Smooth ceilings; Other ceiling details (see remarks); Tri-level: No; Split level: No; Split foyer: No; Unfinished basement; Daylight basement; Basement is all unfinished
• Laundry & utility: Laundry located in the basement (garage area); Utilities in garage; Dryer hookup: Electric

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $78 ($940/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 $159k (13.9% below list).
• Recommended offer: $159k (13.9% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.7% in Clay — 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 75/100 on livability (#16 in AL, #3,849 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute 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: Pinson Elementary School (801 students, 54% FRL); Rudd Middle School (math 0% / reading 26%, grade F, #214 of 257 statewide, top 83%, 667 students, 61% FRL); Pinson Valley High School (math 6% / reading 17%, grade F, #246 of 305 statewide, top 81%, 1,029 students, 81% FRL) — zoned schools average 66% FRL vs 49% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 183 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $53k; list at $185k implies a 247% 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 $159,211 (13.9% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
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: 0.86% ✗
• Cap rate: 6.80%
• Cash-on-cash: 1.81%
• DSCR: 1.08
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $158,387
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5933 Dewey Heights Rd	0.29mi	3/2.0	1,085 (+2%)	9mo	$169,900	$157	76
6602 Womack Rd	0.32mi	3/2.0	1,008 (-5%)	2mo	$147,000	$146	75
5659 Cheryl Dr	0.29mi	3/2.0	1,008 (-5%)	10mo	$150,000	$149	70
5949 Dewey Heights Rd	0.30mi	3/2.0	1,209 (+14%)	3mo	$159,900	$132	61

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 · 1.61% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.47×
• Total profit: $-27,222
• Equity at exit: $27,584

10-year hold

• IRR: -8.6%
• Equity multiple: 0.49×
• Total profit: $-26,193
• Equity at exit: $15,995

Cash invested: $51,800 (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 35126

• Home prices YoY: -22.4%
• Rents YoY: 1.6%
• Active inventory: 183
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,592 high
• Mortgage (P&I): −$970
• Tax from tax record: −$132 /mo · $1,586/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $78

Break-even live

Break-even rent $1,493

Max offer price $185,000

Occupancy floor 90%

Sensitivity live

Price	-10% $183	-5% $131	+0% $78	+5% $26	+10% $-26
Rent	-10% $-47	-5% $15	+0% $78	+5% $141	+10% $204
Rate	-1.0pp $172	-0.5pp $125	base $78	+0.5pp $30	+1.0pp $-18

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6541 Womack Rd Pinson, AL	3.0	2.0	1146	$1,470	$1.28	25d	1	0.20mi
6568 Davison Rd Pinson, AL	3.0	2.0	1054	$1,435	$1.36	45d	1	0.28mi
5653 Cheryl Dr Pinson, AL	3.0	2.0	1015	$1,220	$1.20	13d	1	0.29mi
6594 Davison Rd Pinson, AL	3.0	2.0	1304	$1,650	$1.27	25d	1	0.33mi
6469 Chrissy Dr Pinson, AL	3.0	2.0	1110	$1,465	$1.32	12d	1	0.92mi
6877 Briarwood Dr Pinson, AL	3.0	2.0	1390	$1,595	$1.15	45d	1	1.04mi
5433 Faucett Rd Pinson, AL	3.0	2.0	1148	$1,395	$1.22	12d	1	1.08mi
5421 Faucett Rd Pinson, AL	3.0	2.0	1248	$1,195	$0.96	5d	1	1.11mi
5944 Tyler Loop Rd Pinson, AL	3.0	2.0	1247	$1,485	$1.19	25d	1	1.30mi

Listing history 8 events

1. 2026-06-22
   days on market $185,000 Active 12 DOM
2. 2026-06-18
   days on market $185,000 Active 9 DOM
3. 2026-06-17
   days on market $185,000 Active 8 DOM
4. 2026-06-16
   days on market $185,000 Active 7 DOM
5. 2026-06-15
   days on market $185,000 Active 6 DOM
6. 2026-06-13
   days on market $185,000 Active 4 DOM
7. 2026-06-10
   remarks 699-char remark
8. 2026-06-10
   listed $185,000 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: $1,586 · $132/mo
• Projected year-2 tax: $1,586 · $132/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 ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,105
• − Mortgage interest: −$10,363
• − Property taxes: −$1,586
• − Insurance: −$925
• − Repairs & maintenance: −$1,528
• − Management: −$1,528
• − Depreciation: −$5,382
• Taxable loss: −$2,207
• Est. tax savings @ 24.0%: +$530
• After-tax cash flow: $1,470/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 — Clay

• Score: 75/100
• State rank: #16
• US rank: #3849

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 22,599
• Household income: $83,732
• Rent vs Own: 14.6% rent · 85.4% own
• Severe rent burden: 267.0

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 0.58)
• Race & ethnicity: White 58% Black 28% Hispanic / Latino 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 1% Italian 1%
• Foreign-born: 5% · Canada, China, Jamaica
• Languages at home: 92% English-only · Spanish 5% Vietnamese 1% Chinese 0%

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: ▼ -54.52%
• Current HPI: 188.6439
• Rent YoY: ▲ 1.61%
• 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

+246.7% since first listed

2 events — show timeline

• 2026-06-09 Listed $185,000 Greater Alabama MLS
• 1985-03-01 Sold (Public Records) $53,363 Public Records

Property tax history

+3.2%/yr

Latest (2025): $1,586 · +0.0% YoY. Source: county tax records.