1405 Union Chapel Rd · Northport, AL 35473

$159,900

3 bd · 1.0 ba · 1,578 sqft · SingleFamily public records · 1 Days on market

Built 1955 0.46 ac lot Est $256k · 37% under

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Why this score? — see what drove the B 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 +28.2/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.0/10.0
• Livability +3.9/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 1405 Union Chapel Rd. This is truly a Diamond In The Rough!! Located in Northport AL minutes away from the Northwood Lake Subdivision. This Gem has lots of potential and opportunity for an investor and even more for someone looking to live in this home whose willing to move in and put in some sweat equity and make it their own. This 3 bed 2 bath property will need some updating but nothing major. The property also come with a HUGE metal storage house in the back yard. Great opportunity for someone with he right vision. Don't let this one get away!

Key facts

• 0.46 acre lot
• Built 1955

Tags

• NORTHWOOD LAKE SUBDIVISION
• HUGE METAL STORAGE HOUSE

Property features AI

Exterior

• Parking: Attached carport
• Utilities: Public water; Septic tank; Sewer connected / available
• Home design: Single-family residence; One story
• Construction: Brick construction; Composition shingle roof
• Exterior features: Shed(s) / outbuilding

Interior

• Kitchen: Granite counters
• Bedrooms: 6 total rooms (bedrooms included in room count)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Granite counters; Walk-in closet(s); Basement
• Laundry & utility: Laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $506 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Cap rate 10.1% vs local median 4.2% in Northport — 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 78/100 on livability (#8 in AL, #2,686 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute F.
• Tuscaloosa County (suburban): math 21% / reading 45% proficiency, ranked #47 of 129 in AL (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Faucettvestavia Elementary School (math 37% / reading 62%, grade D, #121 of 627 statewide, top 21%, 357 students, 58% FRL); Echols Middle School (math 13% / reading 48%, grade F, #119 of 257 statewide, top 46%, 878 students, 64% FRL); Tuscaloosa County High School (math 26% / reading 30%, grade F, #87 of 305 statewide, top 29%, 1,545 students, 55% FRL).
• Market conditions: 110 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 622 units permitted in Tuscaloosa County in 2024 (69 in 5+ unit buildings).
• This rent runs 33% of the median local income ($70k/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 $5k 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 + 3.0% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 50% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,900

Questions for the listing agent

1. Built in 1955 — 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. 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: 1.20% ✓
• Cap rate: 10.09%
• Cash-on-cash: 13.57%
• DSCR: 1.60
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $255,636
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5205 Leland Dr	0.06mi	3/2.0	1,636 (+4%)	8mo	$200,000	$122	80
5407 Fall Creek Pl	0.17mi	3/2.0	1,675 (+6%)	3mo	$282,000	$168	76
5706 Golden Pond Ave	0.43mi	3/2.0	1,607 (+2%)	13mo	$260,000	$162	62
4900 Leland Dr	0.21mi	3/2.0	1,428 (-10%)	11mo	$267,500	$187	61
1906 Hudson Bay Dr Dr	0.35mi	3/2.0	1,666 (+6%)	14mo	$269,900	$162	59
4712 Dove Creek Ave	0.50mi	3/2.0	1,600 (+1%)	14mo	$242,000	$151	59
1704 Edgewater Ct	0.31mi	3/2.0	1,764 (+12%)	9mo	$140,000	$79	55
601 59th St	0.59mi	3/2.0	1,630 (+3%)	15mo	$259,000	$159	51
5137 Northcliff Dr	0.58mi	3/2.0	1,500 (-5%)	14mo	$262,900	$175	48
5910 6th Ave	0.62mi	3/2.0	1,684 (+7%)	11mo	$265,000	$157	47
4809 Dove Creek Ave	0.42mi	3/2.0	1,796 (+14%)	10mo	$331,000	$184	45
4713 Northwood Lake Dr E	0.53mi	3/2.0	1,773 (+12%)	9mo	$327,000	$184	43

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: 3.6%
• Equity multiple: 1.14×
• Total profit: $6,298
• Equity at exit: $23,842

10-year hold

• IRR: 13.2%
• Equity multiple: 2.05×
• Total profit: $46,873
• Equity at exit: $13,825

Cash invested: $44,772 (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 35473

• Home prices YoY: -14.6%
• Active inventory: 110
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,917 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$103 /mo · $1,241/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $506

Break-even live

Break-even rent $1,277

Max offer price $159,900

Occupancy floor 69%

Sensitivity live

Price	-10% $597	-5% $551	+0% $506	+5% $461	+10% $416
Rent	-10% $355	-5% $430	+0% $506	+5% $582	+10% $658
Rate	-1.0pp $587	-0.5pp $547	base $506	+0.5pp $465	+1.0pp $423

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4909 Northwood Lake Dr E Northport, AL	3.0	2.0	1438	$1,800	$1.25	14d	1	0.53mi
7651 Highway 69 N Northport, AL	3.0	1.0–2.5	1067	$1,605	$1.50	14d	1	1.08mi
800 Energy Center Blvd Northport, AL	3.0	1.0–2.5	950	$1,784	$1.88	14d	1	1.29mi
3813 Biscayne Hills Dr Northport, AL	3.0	2.0	1787	$1,795	$1.00	14d	1	1.45mi

Listing history 2 events

1. 2026-06-01
   remarks 565-char remark
2. 2026-06-01
   listed $159,900 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: $1,241 · $103/mo
• Projected year-2 tax: $1,241 · $103/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 7/10 Severe 7 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 50% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,009
• − Mortgage interest: −$8,957
• − Property taxes: −$1,241
• − Insurance: −$800
• − Repairs & maintenance: −$1,841
• − Management: −$1,841
• − Depreciation: −$4,652
• Taxable income: $3,678
• Est. tax owed @ 24.0%: −$883
• After-tax cash flow: $5,191/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 County
• NCES district ID: 0103390
• Math proficiency: 21% ▼ -24.00%
• Reading proficiency: 45% ▲ 2.00%
• Median HH income: $53,000
• Composite: 28.88/100
• National rank: #6641
• State rank: #47 of 129 in AL

Livability — Northport

• Score: 78/100
• State rank: #8
• US rank: #2686

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Northport, AL
• County: Tuscaloosa County · 206,491 people
• City population: 47,464
• Metro: Tuscaloosa, AL
• Population (ZIP): 18,198
• Household income: $69,657
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 740.0

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: Predominantly White (69%)
• Race & ethnicity: White 69% Black 20% Hispanic / Latino 9% Two or more races 6%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 3% Slovak 1% Italian 1%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 6% German/W. Germanic 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: ▼ -37.92%
• Current HPI: 222.5458
• Rent YoY: —
• 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

1 event — show timeline

• 2026-06-01 Listed $159,900 WAMLS

Property tax history

+10.6%/yr

Latest (2025): $1,241 · +7.0% YoY. Source: county tax records.