3308 7th St · Tuscaloosa, AL 35401

$33,900

2 bd · 2.0 ba · 1,693 sqft · SingleFamily public records · 26 Days on market

Built 1940 ↓ 60% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +4.1/5.0
• Livability +3.9/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Amazing investment opportunity! Come check out this spacious 3 bed, 2 bath home! Lots of potential! Was previously rented out.

Key facts

• Huge backyard
• Built 1940
• Listed 26 days

Tags

• HUGE BACKYARD

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $34k.

Deal economics

• At list price, monthly cash flow is $849 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $34k).
• Recommended offer: $33k (1.5% below list) — sets the bar for market timing.
• Cap rate 36.4% vs local median 3.4% in Tuscaloosa — 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 77/100 on livability (#9 in AL, #2,909 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, health & safety A+, cost of living A; Watch: crime F, employment D-.
• Tuscaloosa City (urban): math 19% / reading 40% proficiency, ranked #74 of 129 in AL (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Verner Elementary School (math 49% / reading 75%, grade B, #53 of 627 statewide, top 9%, 629 students, 19% FRL); Northridge Middle School (math 29% / reading 57%, grade D-, #48 of 257 statewide, top 19%, 740 students, 39% FRL); Northridge High School (math 40% / reading 42%, grade F, #31 of 305 statewide, top 10%, 1,145 students, 35% FRL) — zoned schools average 31% FRL vs 59% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 49% at this address vs 30% district-wide (+19 pts) — the actual schools serving this property are materially stronger than the Tuscaloosa City average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+6.3%/yr); 307 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 622 units permitted in Tuscaloosa County in 2024 (69 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $234 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 6.3% rent growth), your $9k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($33k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y 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

• Watch-outs: property tax is 2.8% of price; built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 59% 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 $33,391 (1.5% below list)

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 4.19% ✓
• Cap rate: 36.36%
• Cash-on-cash: 107.39%
• DSCR: 5.78
• GRM: 2.0

CMA / ARV

• ARV (on-the-fly): $181,151
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
934 35th Ave	0.30mi	3/1.0 (+1)	1,584 (-6%)	0mo	$100,000	$63	66
600 34th Ave	0.08mi	2/2.0	1,471 (-13%)	11mo	$157,381	$107	65
11 Country Club Circle Cir	0.44mi	3/2.0 (+1)	1,587 (-6%)	11mo	$281,000	$177	55
4A Country Club Hls	0.44mi	3/2.0 (+1)	1,552 (-8%)	13mo	$195,000	$126	50
912 36th Ave	0.34mi	3/2.0 (+1)	1,890 (+12%)	22mo	$189,000	$100	41
2842 18th St	0.68mi	3/1.5 (+1)	1,814 (+7%)	16mo	$15,000	$8	36

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 · 6.29% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.64×
• Total profit: $53,505
• Equity at exit: $5,055

10-year hold

• IRR: —
• Equity multiple: 15.51×
• Total profit: $137,740
• Equity at exit: $2,931

Cash invested: $9,492 (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 35401

• Rents YoY: 6.3%
• Active inventory: 307
• Price-to-rent: 2.0×

Monthly cashflow live

• Estimated rent: $1,419 high
• Mortgage (P&I): −$178
• Tax from tax record: −$80 /mo · $956/yr
• Insurance: −$14
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $849

Break-even live

Break-even rent $344

Max offer price $33,900

Occupancy floor 35%

Sensitivity live

Price	-10% $869	-5% $859	+0% $849	+5% $840	+10% $830
Rent	-10% $737	-5% $793	+0% $849	+5% $905	+10% $962
Rate	-1.0pp $867	-0.5pp $858	base $849	+0.5pp $841	+1.0pp $832

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: $8,475
• Closing costs: $1,017
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3316 16th St Tuscaloosa, AL	3.0	1.0	1120	$1,100	$0.98	15d	1	0.37mi
3524 20th St Tuscaloosa, AL	3.0	1.0	1050	$1,100	$1.05	46d	1	0.75mi
3560 21st St Tuscaloosa, AL	3.0	2.0	1230	$1,570	$1.28	23d	1	0.80mi
2209 9th St #401 Tuscaloosa, AL	2.0	2.0	1304	$1,650	$1.27	46d	1	0.85mi
1018 42nd Ave Tuscaloosa, AL	3.0	1.0	1080	$1,375	$1.27	15d	1	0.92mi
2683 21st St Tuscaloosa, AL	3.0	1.0	1324	$895	$0.68	23d	1	1.04mi
301 19th Ave Tuscaloosa, AL	2.0	2.5	1200	$2,200	$1.83	23d	1	1.15mi
201 Marina Dr Tuscaloosa, AL	1.0–3.0	1.0–2.0	1099	$1,372	$1.25	15d	1	1.45mi

Listing history 27 events

1. 2026-06-21
   days on market $33,900 Active 26 DOM
2. 2026-06-18
   days on market $33,900 Active 23 DOM
3. 2026-06-17
   days on market $33,900 Active 22 DOM
4. 2026-06-16
   days on market $33,900 Active 21 DOM
5. 2026-06-15
   days on market $33,900 Active 20 DOM
6. 2026-06-14
   days on market $33,900 Active 18 DOM
7. 2026-06-13
   days on market $33,900 Active 17 DOM
8. 2026-06-10
   days on market $33,900 Active 15 DOM
9. 2026-06-09
   days on market $33,900 Active 14 DOM
10. 2026-06-08
    days on market $33,900 Active 13 DOM
11. 2026-06-07
    days on market $33,900 Active 12 DOM
12. 2026-06-05
    days on market $33,900 Active 9 DOM
13. 2026-06-03
    days on market $33,900 Active 8 DOM
14. 2026-06-02
    days on market $33,900 Active 7 DOM
15. 2026-06-01
    days on market $33,900 Active 6 DOM
16. 2026-05-31
    days on market $33,900 Active 5 DOM
17. 2026-05-30
    days on market $33,900 Active 4 DOM
18. 2026-05-26
    listed $33,900 Active
19. 2023-07-22
    soldstatus $253,500
20. 2023-06-20
    soldstatus $100,000 Closed 126-char remark

    Show marketing remark (126 chars)

    Amazing investment opportunity! Come check out this spacious 3 bed, 2 bath home! Lots of potential! Was previously rented out.

21. 2023-06-20
    soldstatus $100,000

    Show marketing remark (126 chars)

    Amazing investment opportunity! Come check out this spacious 3 bed, 2 bath home! Lots of potential! Was previously rented out.

22. 2023-05-26
    status Pending 126-char remark

    Show marketing remark (126 chars)

    Amazing investment opportunity! Come check out this spacious 3 bed, 2 bath home! Lots of potential! Was previously rented out.

23. 2023-05-16
    listed $105,000 Active 126-char remark

    Show marketing remark (126 chars)

    Amazing investment opportunity! Come check out this spacious 3 bed, 2 bath home! Lots of potential! Was previously rented out.

24. 2022-09-29
    soldstatus $84,000
25. 2022-09-20
    soldstatus $84,000 Closed 202-char remark

    Show marketing remark (202 chars)

    LOTS OF SPACE. 1749 SQ FOOT BRICK HOME. 3 BEDROOMS, 2 FULL BATHS. Cash or conventional financing only. Estate settlement being sold "AS IS WHERE IS". Month to month lease. Current rent is $640

26. 2022-07-29
    status Pending 202-char remark

    Show marketing remark (202 chars)

    LOTS OF SPACE. 1749 SQ FOOT BRICK HOME. 3 BEDROOMS, 2 FULL BATHS. Cash or conventional financing only. Estate settlement being sold "AS IS WHERE IS". Month to month lease. Current rent is $640

27. 2022-02-16
    listed $84,000 Active 202-char remark

    Show marketing remark (202 chars)

    LOTS OF SPACE. 1749 SQ FOOT BRICK HOME. 3 BEDROOMS, 2 FULL BATHS. Cash or conventional financing only. Estate settlement being sold "AS IS WHERE IS". Month to month lease. Current rent is $640

ⓘ 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: $956 · $80/mo
• Projected year-2 tax: $956 · $80/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 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 59% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,028
• − Mortgage interest: −$1,899
• − Property taxes: −$956
• − Insurance: −$170
• − Repairs & maintenance: −$1,362
• − Management: −$1,362
• − Depreciation: −$986
• Taxable income: $10,293
• Est. tax owed @ 24.0%: −$2,470
• After-tax cash flow: $7,723/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 City
• NCES district ID: 0103360
• Math proficiency: 19% ▼ -24.00%
• Reading proficiency: 40% ▼ -1.00%
• Median HH income: $37,474
• Composite: 24.51/100
• National rank: #7647
• State rank: #74 of 129 in AL

Livability — Tuscaloosa

• Score: 77/100
• State rank: #9
• US rank: #2909

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tuscaloosa, AL
• County: Tuscaloosa County · 206,491 people
• City population: 134,228
• Metro: Tuscaloosa, AL
• Population (ZIP): 43,459
• Household income: $29,152
• Rent vs Own: 73.0% rent · 27.0% own
• Severe rent burden: 3997.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 47% White 44% Hispanic / Latino 5% Two or more races 4% Asian 2%
• Common ancestry: Slovak 2% Italian 1% Romanian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1% Chinese 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: ▼ -191.40%
• Current HPI: 179.8335
• Rent YoY: ▲ 6.29%
• 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

-59.6% since first listed

10 events — show timeline

• 2026-05-26 Listed $33,900 FSBO.com
• 2023-07-22 Sold (Public Records) $253,500 Public Records
• 2023-06-20 Sold (Public Records) $100,000 Public Records
• 2023-06-20 Sold (MLS) $100,000 WAMLS
• 2023-05-26 Pending — WAMLS
• 2023-05-16 Listed $105,000 WAMLS
• 2022-09-29 Sold (Public Records) $84,000 Public Records
• 2022-09-20 Sold (MLS) $84,000 WAMLS
• 2022-07-29 Pending — WAMLS
• 2022-02-16 Listed $84,000 WAMLS

Property tax history

+1.9%/yr

Latest (2025): $956 · +6.9% YoY. Source: county tax records.