1625 5th Way NW · Center Point, AL 35215

$139,900

3 bd · 2.0 ba · 1,751 sqft · SingleFamily public records · 42 Days on market

Built 1963 0.28 ac lot $80/sqft · 10% below area Est $156k · 10% 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 +20.2/30.0
• ARV discount +12.2/15.0
• DSCR +6.4/10.0
• 1% rule +5.0/10.0
• 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

Welcome to this charming 3-bedroom, 2-bathroom ranch-style home in the heart of Center Point! Spanning approximately 1,751 sq. ft. , this move-in-ready residence features a spacious, light-filled living area and a functional eat-in kitchen with granite countertops and ample cabinetry. Recent updates include modern LVP flooring throughout the main level and refreshed bathrooms with contemporary fixtures. The primary suite offers a private full bath, while the additional bedrooms are generously sized. Relax on the open back deck overlooking a massive, level backyard—perfect for entertaining. The property includes a full basement with a 1-car garage and extra storage space. Situated in a

Key facts

• 0.28 acre lot
• Built 1963
• Listed 42 days

Property features AI

Finance

• Other: Parcel ID: 13-00-24-1-015-004.000; Lot size approximately 0.28 acres
• HOA & community: No association fee

Exterior

• Parking: Driveway parking
• Utilities: Public water; Water heater: gas and electric options; Internet availability unknown
• Home design: Existing construction; Siding (other) exterior; Slab foundation; Located in the Bridlewood subdivision
• Construction: Siding exterior material; Slab foundation
• Exterior features: Not waterfront; No pool; No patio; No garden/patio; No decks; Lot view: none

Interior

• Kitchen: Solid surface countertops; Built-in dishwasher; Electric stove
• Bedrooms: Master bedroom on main level (11 x 11); Second bedroom on main level (11 x 11); Third bedroom on main level (10 x 11)
• Flooring: Hardwood laminate floors
• Bathrooms: Two full bathrooms; Garden tub in at least one bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: Ceilings: other (see remarks); No additional interior features listed
• Laundry & utility: Laundry on the main level; Washer hookup; Dryer hookups for both electric and gas; Attic present

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $177 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $140k).
• Recommended offer: $136k (3.0% 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, amenities F, employment 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: Erwin Intermediate School (math 3% / reading 14%, grade F, #596 of 627 statewide, top 95%, 502 students, 92% FRL); Center Point High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 774 students, 91% FRL) — zoned schools average 91% FRL vs 49% district-wide (43 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 6% at this address vs 20% district-wide (-15 pts) — the specific schools serving this property underperform the Jefferson County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.0%/yr); 333 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 32% 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 $967 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 42 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $76k; list at $140k implies a 84% 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 $135,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.00% ✓
• Cap rate: 7.81%
• Cash-on-cash: 5.42%
• DSCR: 1.24
• GRM: 8.3

CMA / ARV

• ARV (median comp): $156,270
• List price: $139,900
• Delta: -10.48%
• 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
441 NW 15th Ln	0.33mi	3/2.0	1,668 (-5%)	6mo	$145,000	$87	72
1649 6th St NW	0.06mi	3/2.5	1,906 (+9%)	11mo	$115,000	$60	72
400 16th Ct NW	0.29mi	3/1.5	1,670 (-5%)	9mo	$100,000	$60	69
609 16th Ave NW	0.17mi	3/2.0	1,982 (+13%)	5mo	$190,000	$96	66
401 15th Ter NW	0.39mi	4/1.5 (+1)	1,772 (+1%)	10mo	$126,500	$71	64
1419 4th Way NW	0.47mi	3/2.0	1,645 (-6%)	6mo	$189,000	$115	63
425 15th Terrace Cir NW	0.38mi	3/2.0	1,956 (+12%)	5mo	$133,000	$68	59
1735 6th St NW	0.24mi	3/1.0	1,494 (-15%)	10mo	$100,000	$67	52
1332 4th Way NW	0.57mi	3/2.5	1,538 (-12%)	5mo	$109,900	$71	47
212 16th Ave NW	0.53mi	4/2.5 (+1)	1,941 (+11%)	6mo	$165,000	$85	46
613 Tupelo Rd	0.63mi	3/1.5	1,568 (-10%)	10mo	$120,000	$77	43
316 20th Ave NW	0.70mi	3/1.0	1,540 (-12%)	3mo	$164,900	$107	40

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: -7.9%
• Equity multiple: 0.71×
• Total profit: $-11,348
• Equity at exit: $20,860

10-year hold

• IRR: 1.7%
• Equity multiple: 1.12×
• Total profit: $4,848
• Equity at exit: $12,096

Cash invested: $39,172 (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: 333
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,399 high
• Mortgage (P&I): −$734
• Tax from tax record: −$136 /mo · $1,638/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $177

Break-even live

Break-even rent $1,175

Max offer price $139,900

Occupancy floor 82%

Sensitivity live

Price	-10% $256	-5% $217	+0% $177	+5% $137	+10% $98
Rent	-10% $66	-5% $122	+0% $177	+5% $232	+10% $287
Rate	-1.0pp $247	-0.5pp $212	base $177	+0.5pp $141	+1.0pp $104

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1612 Glenwood St NW Center Point, AL	4.0	3.0	1344	$1,480	$1.10	25d	1	0.16mi
1732 6th St NW Center Point, AL	3.0	1.5	1300	$1,250	$0.96	4d	1	0.22mi
1736 6th St NW Center Point, AL	4.0	2.0	1830	$1,550	$0.85	45d	1	0.24mi
428 15th Ter NW Center Point, AL	3.0	2.0	1528	$1,795	$1.17	4d	1	0.34mi
1617 3rd Pl NW Center Point, AL	3.0	2.0	1404	$1,150	$0.82	25d	1	0.41mi
1827 Carson Rd Unit 7 Birmingham, AL	3.0	2.5	1332	$950	$0.71	25d	1	0.47mi
1827 Carson Rd Unit 1 Birmingham, AL	3.0	2.5	1332	$1,125	$0.84	45d	1	0.47mi
1328 5th Pl NW Center Point, AL	3.0	1.0	1250	$1,050	$0.84	17d	1	0.60mi
305 18th Ct NW Center Point, AL	3.0	1.5	1270	$1,100	$0.87	45d	1	0.62mi
457 Tupelo Way Center Point, AL	3.0	1.0	1658	$995	$0.60	22d	1	0.66mi
324 13th Ter NW Center Point, AL	3.0	1.5	1418	$1,295	$0.91	25d	1	0.67mi
617 Carson Crest Cir Birmingham, AL	4.0	2.0	1528	$1,723	$1.13	17d	1	0.73mi
405 13th Ct NW Center Point, AL	4.0	1.5	1248	$1,415	$1.13	22d	1	0.73mi
424 Tupelo Way Center Point, AL	4.0	2.0	1233	$1,300	$1.05	45d	1	0.74mi
1232 Oakwood St Birmingham, AL	3.0	1.5	1301	$1,223	$0.94	25d	1	0.77mi
1905 2nd St NW Center Point, AL	3.0	1.0	1258	$1,395	$1.11	45d	1	0.78mi
113 19th Ave NW Center Point, AL	3.0	2.0	1407	$1,250	$0.89	12d	1	0.80mi
108 13th Ave NW Center Point, AL	4.0	2.0	1444	$1,265	$0.88	25d	1	0.86mi
1153 Linwood St Birmingham, AL	3.0	2.0	1250	$1,295	$1.04	4d	1	0.94mi
1259 Huffman Rd Center Point, AL	3.0	2.0	1662	$1,556	$0.94	45d	1	1.06mi
319 23rd Ave NW Center Point, AL	3.0	2.0	1284	$1,395	$1.09	45d	1	1.12mi
1177 Five Mile Rd Birmingham, AL	3.0	2.0	1636	$1,100	$0.67	45d	1	1.12mi
1128 Lay Dr Birmingham, AL	3.0	1.5	1700	$1,410	$0.83	13d	1	1.16mi
1317 Hatfield Ln Birmingham, AL	3.0	1.5	2028	$1,300	$0.64	25d	1	1.20mi
241 Lake Drive Cir NE Birmingham, AL	2.0	1.0	1358	$1,025	$0.75	3d	1	1.22mi
236 E Haven Dr Birmingham, AL	3.0	1.5	1926	$1,495	$0.78	13d	1	1.23mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	13d	1	1.25mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	4d	1	1.43mi
2416 4th St NW Center Point, AL	4.0	2.0	1400	$1,500	$1.07	25d	1	1.45mi

Listing history 20 events

1. 2026-06-18
   days on market $139,900 Active 42 DOM
2. 2026-06-17
   days on market $139,900 Active 41 DOM
3. 2026-06-16
   days on market $139,900 Active 40 DOM
4. 2026-06-15
   days on market $139,900 Active 39 DOM
5. 2026-06-13
   days on market $139,900 Active 37 DOM
6. 2026-06-10
   days on market $139,900 Active 34 DOM
7. 2026-06-09
   days on market $139,900 Active 33 DOM
8. 2026-06-08
   days on market $139,900 Active 32 DOM
9. 2026-06-07
   pricedays on market $139,900 Active 31 DOM
10. 2026-06-03
    days on market $144,900 Active 27 DOM
11. 2026-06-02
    days on market $144,900 Active 26 DOM
12. 2026-06-01
    days on market $144,900 Active 25 DOM
13. 2026-05-31
    days on market $144,900 Active 24 DOM
14. 2026-05-07
    listed $144,900 Active 790-char remark
15. 2016-12-29
    soldstatus $76,000
16. 2016-12-29
    soldstatus $2,830,086
17. 2015-11-04
    soldstatus $54,000
18. 2008-03-14
    soldstatus $37,000
19. 1998-11-20
    soldstatus $68,500
20. 1981-04-01
    soldstatus $48,900

ⓘ 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: $1,638 · $136/mo
• Projected year-2 tax: $1,638 · $136/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 6/10 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 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,790
• − Mortgage interest: −$7,837
• − Property taxes: −$1,638
• − Insurance: −$700
• − Repairs & maintenance: −$1,343
• − Management: −$1,343
• − Depreciation: −$4,070
• Taxable loss: −$140
• Est. tax savings @ 24.0%: +$34
• After-tax cash flow: $2,157/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

+186.1% since first listed

8 events — show timeline

• 2026-06-06 Price Changed $139,900 Greater Alabama MLS
• 2026-05-07 Listed $144,900 Greater Alabama MLS
• 2016-12-29 Sold (Public Records) $2,830,086 Public Records
• 2016-12-29 Sold (Public Records) $76,000 Public Records
• 2015-11-04 Sold (Public Records) $54,000 Public Records
• 2008-03-14 Sold (Public Records) $37,000 Public Records
• 1998-11-20 Sold (Public Records) $68,500 Public Records
• 1981-04-01 Sold (Public Records) $48,900 Public Records

Property tax history

+6.2%/yr

Latest (2025): $1,638 · +7.0% YoY. Source: county tax records.