429 Woodland Ct NE · Center Point, AL 35215

$149,900

3 bd · 2.0 ba · 1,854 sqft · SingleFamily public records · 118 Days on market

Built 1971 0.28 ac lot $81/sqft · 13% below area Est $172k · 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 +17.1/30.0
• ARV discount +13.3/15.0
• DSCR +5.3/10.0
• 1% rule +4.5/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover space and character in this 3-bedroom, 2 bathroom tri-level home, perfectly positioned on a quiet cul-de-sac in Woodland Estates. Built in 1971, this 1,854 sq. ft. residence features a versatile floor plan designed for comfort. The main level offers an open living and dining area with hardwood floors, leading into a spacious kitchen with ample cabinetry. Upstairs, find three bedrooms, including a primary suite with a private bath. The walk-out lower level serves as the heart of the home, boasting a massive family room anchored by a beautiful stone fireplace, a convenient half-bath, and a dedicated laundry room.

Key facts

• Quiet cul-de-sac
• Ample cabinetry
• Spacious kitchen

Tags

• QUIET CUL-DE-SAC
• OPEN LIVING AND DINING AREA
• HARDWOOD FLOORS
• SPACIOUS KITCHEN
• AMPLE CABINETRY
• MASSIVE FAMILY ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $104 ($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 $143k (4.5% below list).
• Recommended offer: $136k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#193 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, commute A, housing A; Watch: crime D, schools F, amenities 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.
• Market conditions: Rents rising (+3.0%/yr); 334 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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).
• This rent runs 33% of the median local income ($53k/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 $4k 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

• It's been on market 118 days — a 9% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 11y ago; this cycle's ask has dropped $30k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,409 (9.0% below list)

Questions for the listing agent

1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 0.95% ✗
• Cap rate: 7.12%
• Cash-on-cash: 2.97%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (median comp): $172,143
• List price: $149,900
• Delta: -12.92%
• 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
416 20th Ct NE	0.10mi	3/2.0	1,950 (+5%)	6mo	$161,000	$83	82
401 20th Ct NE	0.13mi	3/2.0	1,655 (-11%)	8mo	$45,000	$27	69
2240 6th St NE	0.19mi	3/1.0	1,702 (-8%)	8mo	$110,000	$65	67
2316 Applewood Dr	0.67mi	3/2.0	1,838 (-1%)	4mo	$191,500	$104	64
1009 Chalkville School Rd	0.73mi	3/2.0	1,865 (+1%)	1mo	$195,000	$105	64
2316 3rd Way NE	0.41mi	3/2.0	1,665 (-10%)	5mo	$182,000	$109	60
2304 Applewood Dr	0.62mi	3/2.0	1,742 (-6%)	7mo	$255,000	$146	56
2529 5th St	0.66mi	4/2.0 (+1)	1,766 (-5%)	4mo	$215,000	$122	53
668 20th Ct NE	0.45mi	4/3.0 (+1)	1,675 (-10%)	5mo	$230,000	$137	49
1809 Mara Dr NE	0.53mi	4/2.0 (+1)	2,081 (+12%)	7mo	$174,500	$84	44
2421 2nd St NE	0.71mi	3/2.0	1,661 (-10%)	8mo	$196,000	$118	43
2105 Merry Dr NE	0.68mi	4/2.5 (+1)	2,053 (+11%)	10mo	$248,000	$121	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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-17,608
• Equity at exit: $22,351

10-year hold

• IRR: -2.3%
• Equity multiple: 0.84×
• Total profit: $-6,522
• Equity at exit: $12,961

Cash invested: $41,972 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 334
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,431 high
• Mortgage (P&I): −$786
• Tax from tax record: −$178 /mo · $2,141/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $104

Break-even live

Break-even rent $1,300

Max offer price $149,900

Occupancy floor 88%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2249 4th Place Cir NE Center Point, AL	3.0	1.5	1400	$1,400	$1.00	44d	1	0.12mi
413 20th Ct NE Center Point, AL	3.0	1.5	1540	$1,375	$0.89	44d	1	0.15mi
2232 6th St NE Center Point, AL	3.0	1.0	1550	$1,150	$0.74	44d	1	0.15mi
600 20th Ct NE Center Point, AL	3.0	2.0	1878	$1,650	$0.88	23d	1	0.33mi
2324 3rd St NE Center Point, AL	3.0	2.0	1329	$1,300	$0.98	23d	1	0.50mi
1845 Stonehenge Dr Birmingham, AL	3.0	2.0	1358	$1,323	$0.97	14d	1	0.69mi
2708 7th St NE Center Point, AL	3.0	1.0	1451	$1,150	$0.79	44d	1	0.76mi
2655 6th St NE Center Point, AL	3.0	2.0	1600	$1,390	$0.87	3d	1	0.97mi
605 Country View Dr Birmingham, AL	3.0	2.0	1698	$1,560	$0.92	44d	1	0.97mi
607 Country View Dr Birmingham, AL	4.0	2.0	1568	$1,550	$0.99	23d	1	0.97mi
113 19th Ave NW Center Point, AL	3.0	2.0	1407	$1,250	$0.89	11d	1	1.00mi
1761 Big Mountain Dr Birmingham, AL	4.0	2.0	1632	$1,575	$0.97	44d	1	1.02mi
1819 Valley Run Cir Birmingham, AL	4.0	2.5	1694	$1,761	$1.04	44d	1	1.02mi
1905 2nd St NW Center Point, AL	3.0	1.0	1258	$1,395	$1.11	44d	1	1.03mi
1700 Serene Dr Birmingham, AL	4.0	1.5	1543	$1,630	$1.06	2d	1	1.06mi
1817 Lyle Dr Birmingham, AL	4.0	2.0	1361	$1,605	$1.18	23d	1	1.11mi
127 Fox Hill Ct Center Point, AL	3.0	2.0	1418	$1,545	$1.09	44d	1	1.15mi
305 18th Ct NW Center Point, AL	3.0	1.5	1270	$1,100	$0.87	44d	1	1.17mi
319 23rd Ave NW Center Point, AL	3.0	2.0	1284	$1,395	$1.09	44d	1	1.20mi
424 Tupelo Way Center Point, AL	4.0	2.0	1233	$1,300	$1.05	44d	1	1.29mi
1830 Christian St Birmingham, AL	3.0	2.0	1468	$1,375	$0.94	3d	1	1.29mi
2025 Brewster Rd Birmingham, AL	3.0	2.0	1369	$1,450	$1.06	23d	1	1.30mi
241 Lake Drive Cir NE Birmingham, AL	2.0	1.0	1358	$1,025	$0.75	2d	1	1.36mi
5240 Jean Dr Pinson, AL	4.0	2.0	1714	$1,695	$0.99	44d	1	1.38mi
5010 Darlene Dr Pinson, AL	3.0	2.0	1914	$1,550	$0.81	23d	1	1.39mi
457 Tupelo Way Center Point, AL	3.0	1.0	1658	$995	$0.60	21d	1	1.40mi
236 E Haven Dr Birmingham, AL	3.0	1.5	1926	$1,495	$0.78	12d	1	1.41mi
408 Sunhill Rd NW Center Point, AL	3.0	1.5	1290	$1,355	$1.05	44d	1	1.43mi
1748 Sonia Dr Birmingham, AL	4.0	2.0	1401	$1,395	$1.00	44d	1	1.46mi
2416 4th St NW Center Point, AL	4.0	2.0	1400	$1,500	$1.07	23d	1	1.47mi
1808 Brewster Rd Birmingham, AL	4.0	2.0	1548	$1,515	$0.98	44d	1	1.48mi
1617 3rd Pl NW Center Point, AL	3.0	2.0	1404	$1,150	$0.82	23d	1	1.49mi
1760 Sonia Dr Birmingham, AL	3.0	2.0	1550	$1,635	$1.05	1d	1	1.49mi

Listing history 23 events

1. 2026-06-18
   days on market $149,900 Active 118 DOM
2. 2026-06-17
   days on market $149,900 Active 117 DOM
3. 2026-06-16
   days on market $149,900 Active 116 DOM
4. 2026-06-15
   days on market $149,900 Active 115 DOM
5. 2026-06-13
   pricedays on market $149,900 Active 113 DOM
6. 2026-06-10
   days on market $154,900 Active 110 DOM
7. 2026-06-09
   days on market $154,900 Active 109 DOM
8. 2026-06-08
   days on market $154,900 Active 108 DOM
9. 2026-06-07
   days on market $154,900 Active 107 DOM
10. 2026-06-03
    days on market $154,900 Active 103 DOM
11. 2026-06-02
    days on market $154,900 Active 102 DOM
12. 2026-06-01
    days on market $154,900 Active 101 DOM
13. 2026-05-31
    days on market $154,900 Active 100 DOM
14. 2026-05-15
    price $154,900 627-char remark

    Show marketing remark (627 chars)

    Discover space and character in this 3-bedroom, 2 bathroom tri-level home, perfectly positioned on a quiet cul-de-sac in Woodland Estates. Built in 1971, this 1,854 sq. ft. residence features a versatile floor plan designed for comfort. The main level offers an open living and dining area with hardwood floors, leading into a spacious kitchen with ample cabinetry. Upstairs, find three bedrooms, including a primary suite with a private bath. The walk-out lower level serves as the heart of the home, boasting a massive family room anchored by a beautiful stone fireplace, a convenient half-bath, and a dedicated laundry room.

15. 2026-05-01
    price $164,900 627-char remark

    Show marketing remark (627 chars)

    Discover space and character in this 3-bedroom, 2 bathroom tri-level home, perfectly positioned on a quiet cul-de-sac in Woodland Estates. Built in 1971, this 1,854 sq. ft. residence features a versatile floor plan designed for comfort. The main level offers an open living and dining area with hardwood floors, leading into a spacious kitchen with ample cabinetry. Upstairs, find three bedrooms, including a primary suite with a private bath. The walk-out lower level serves as the heart of the home, boasting a massive family room anchored by a beautiful stone fireplace, a convenient half-bath, and a dedicated laundry room.

16. 2026-04-28
    price $169,900 627-char remark

    Show marketing remark (627 chars)

    Discover space and character in this 3-bedroom, 2 bathroom tri-level home, perfectly positioned on a quiet cul-de-sac in Woodland Estates. Built in 1971, this 1,854 sq. ft. residence features a versatile floor plan designed for comfort. The main level offers an open living and dining area with hardwood floors, leading into a spacious kitchen with ample cabinetry. Upstairs, find three bedrooms, including a primary suite with a private bath. The walk-out lower level serves as the heart of the home, boasting a massive family room anchored by a beautiful stone fireplace, a convenient half-bath, and a dedicated laundry room.

17. 2026-04-14
    price $174,900 627-char remark

    Show marketing remark (627 chars)

    Discover space and character in this 3-bedroom, 2 bathroom tri-level home, perfectly positioned on a quiet cul-de-sac in Woodland Estates. Built in 1971, this 1,854 sq. ft. residence features a versatile floor plan designed for comfort. The main level offers an open living and dining area with hardwood floors, leading into a spacious kitchen with ample cabinetry. Upstairs, find three bedrooms, including a primary suite with a private bath. The walk-out lower level serves as the heart of the home, boasting a massive family room anchored by a beautiful stone fireplace, a convenient half-bath, and a dedicated laundry room.

18. 2026-02-20
    listed $179,900 Active 627-char remark

    Show marketing remark (627 chars)

    Discover space and character in this 3-bedroom, 2 bathroom tri-level home, perfectly positioned on a quiet cul-de-sac in Woodland Estates. Built in 1971, this 1,854 sq. ft. residence features a versatile floor plan designed for comfort. The main level offers an open living and dining area with hardwood floors, leading into a spacious kitchen with ample cabinetry. Upstairs, find three bedrooms, including a primary suite with a private bath. The walk-out lower level serves as the heart of the home, boasting a massive family room anchored by a beautiful stone fireplace, a convenient half-bath, and a dedicated laundry room.

19. 2016-09-13
    soldstatus $8,083,550
20. 2015-04-24
    soldstatus $59,000 407-char remark

    Show marketing remark (407 chars)

    Beautiful tri-level house located in Chalkville School district on a cul-de-sac. House features 3 bedrooms, 2.5 baths, spacious den, big kitchen has just been upgraded, with hardwood floors, ceiling fans, and ceramic tile counter tops. The large kitchen has lots of cabinets and counter top space. The french doors lead to a two level deck with a two car garage and a hot tub. Right of redemption may apply.

21. 2015-04-03
    historical 407-char remark

    Show marketing remark (407 chars)

    Beautiful tri-level house located in Chalkville School district on a cul-de-sac. House features 3 bedrooms, 2.5 baths, spacious den, big kitchen has just been upgraded, with hardwood floors, ceiling fans, and ceramic tile counter tops. The large kitchen has lots of cabinets and counter top space. The french doors lead to a two level deck with a two car garage and a hot tub. Right of redemption may apply.

22. 2015-03-07
    listed $59,900 407-char remark

    Show marketing remark (407 chars)

    Beautiful tri-level house located in Chalkville School district on a cul-de-sac. House features 3 bedrooms, 2.5 baths, spacious den, big kitchen has just been upgraded, with hardwood floors, ceiling fans, and ceramic tile counter tops. The large kitchen has lots of cabinets and counter top space. The french doors lead to a two level deck with a two car garage and a hot tub. Right of redemption may apply.

23. 1992-02-01
    soldstatus $64,000

ⓘ 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: $2,141 · $178/mo
• Projected year-2 tax: $2,141 · $178/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 5/10 Major 6 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,176
• − Mortgage interest: −$8,397
• − Property taxes: −$2,141
• − Insurance: −$750
• − Repairs & maintenance: −$1,374
• − Management: −$1,374
• − Depreciation: −$4,361
• Taxable loss: −$1,221
• Est. tax savings @ 24.0%: +$293
• After-tax cash flow: $1,538/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 — Center Point

• Score: 63/100
• State rank: #193
• US rank: #15671

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Center Point, AL
• County: Jefferson County · 527,445 people
• City population: 43,903
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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: Predominantly Black (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• 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

+142.0% since first listed

10 events — show timeline

• 2026-05-15 Price Changed $154,900 Greater Alabama MLS
• 2026-05-01 Price Changed $164,900 Greater Alabama MLS
• 2026-04-28 Price Changed $169,900 Greater Alabama MLS
• 2026-04-14 Price Changed $174,900 Greater Alabama MLS
• 2026-02-20 Listed $179,900 Greater Alabama MLS
• 2016-09-13 Sold (Public Records) $8,083,550 Public Records
• 2015-04-24 Sold (MLS) $59,000 Greater Alabama MLS
• 2015-04-03 Delisted — Greater Alabama MLS
• 2015-03-07 Listed $59,900 Greater Alabama MLS
• 1992-02-01 Sold (Public Records) $64,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $2,141 · +7.0% YoY. Source: county tax records.