336 1st Ave NW · Graysville, AL 35073

$129,000

3 bd · 1.0 ba · 1,196 sqft · SingleFamily public records · 200 Days on market

Built 1958 0.26 ac lot $108/sqft · 10% below area Est $143k · 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 +19.2/30.0
• ARV discount +11.8/15.0
• Appreciation +7.1/10.0
• DSCR +6.1/10.0
• 1% rule +4.3/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

This renovated 4 bedroom, 2 bathroom house boasts modern paint, upgraded fixtures, granite countertops, and hardwood floors throughout. The house also features a carport, screened back porch, covered front porch, and a huge yard perfect for outdoor activities. With a storage area included, this house offers plenty of space for all your belongings.

Key facts

• Renovated
• Modern paint
• Carport

Tags

• RENOVATED
• MODERN PAINT
• UPGRADED FIXTURES
• GRANITE COUNTERTOPS
• HARDWOOD FLOORS
• CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $139 ($2k/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 $121k (6.5% below list).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#321 in AL) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, 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.
• Market conditions: 21 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($892 loan paydown + $5k appreciation (4.1% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.1% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 200 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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.
• Current owner paid $86k; list at $129k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• 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 $113,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 200 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — 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. 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: 0.93% ✗
• Cap rate: 7.59%
• Cash-on-cash: 4.63%
• DSCR: 1.21
• GRM: 8.9

CMA / ARV

• ARV (median comp): $142,730
• List price: $129,000
• Delta: -9.62%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
335 1st Ave NW	0.03mi	3/1.0	1,173 (-2%)	4mo	$110,000	$94	92
215 5th Ave NW	0.33mi	2/2.0 (-1)	1,223 (+2%)	3mo	$135,000	$110	69
108 2nd St NW	0.12mi	4/2.0 (+1)	1,290 (+8%)	7mo	$160,500	$124	67
63 7th Ave SE	0.74mi	3/2.0	1,205 (+1%)	2mo	$154,000	$128	58
142 Portercrest Rd	0.46mi	3/1.0	1,256 (+5%)	17mo	$159,000	$127	56
605 Windsor Dr	0.48mi	3/1.0	1,066 (-11%)	11mo	$143,500	$135	50
167 2nd St SE	0.44mi	3/2.0	1,080 (-10%)	13mo	$109,000	$101	48
656 Windsor Dr NE	0.51mi	3/2.0	1,080 (-10%)	19mo	$134,900	$125	41
538 S Main St	0.56mi	2/1.0 (-1)	1,042 (-13%)	17mo	$30,000	$29	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.12% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.7%
• Equity multiple: 1.89×
• Total profit: $32,189
• Equity at exit: $66,307

10-year hold

• IRR: 15.7%
• Equity multiple: 3.57×
• Total profit: $92,945
• Equity at exit: $109,177

Cash invested: $36,120 (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 35073

• Home prices YoY: 2.4%
• Active inventory: 21
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,206 high
• Mortgage (P&I): −$676
• Tax from tax record: −$83 /mo · $997/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $139

Break-even live

Break-even rent $1,030

Max offer price $129,000

Occupancy floor 83%

Sensitivity live

Price	-10% $212	-5% $176	+0% $139	+5% $103	+10% $66
Rent	-10% $44	-5% $92	+0% $139	+5% $187	+10% $235
Rate	-1.0pp $204	-0.5pp $172	base $139	+0.5pp $106	+1.0pp $72

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
118 3rd St NW Graysville, AL	3.0	2.0	1374	$1,300	$0.95	2d	1	0.02mi
335 1st Ave NW Graysville, AL	3.0	1.0	1173	$1,200	$1.02	2d	1	0.05mi
335 1st Ave NW Graysville, AL	3.0	2.0	1173	$1,200	$1.02	11d	1	0.05mi
215 2nd Pl SW Graysville, AL	3.0	2.0	1309	$1,150	$0.88	3d	1	0.25mi
167 2nd St SE Graysville, AL	3.0	2.0	1080	$1,100	$1.02	2d	1	0.43mi
540 1st Ave NE Graysville, AL	2.0	2.0	882	$850	$0.96	3d	1	0.68mi
958 S Main St Graysville, AL	3.0	2.0	1330	$1,285	$0.97	44d	1	0.97mi
908 9th St SE Graysville, AL	3.0	2.0	1152	$1,250	$1.09	44d	1	1.20mi

Listing history 18 events

1. 2025-11-05
   listed $129,000 Active 349-char remark

   Show marketing remark (349 chars)

   This renovated 4 bedroom, 2 bathroom house boasts modern paint, upgraded fixtures, granite countertops, and hardwood floors throughout. The house also features a carport, screened back porch, covered front porch, and a huge yard perfect for outdoor activities. With a storage area included, this house offers plenty of space for all your belongings.

2. 2025-01-19
   historical $1,175
3. 2025-01-05
   price $1,175
4. 2024-12-21
   listed $1,195
5. 2023-09-14
   soldstatus $85,500
6. 2023-08-28
   soldstatus $128,500
7. 2023-07-14
   soldstatus $110,000
8. 2022-02-04
   soldstatus $138,000
9. 2021-11-04
   soldstatus $90,000
10. 2021-09-22
    soldstatus $48,750 Sold 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

11. 2021-09-09
    historical 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

12. 2021-08-30
    historical Contingent 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

13. 2021-08-26
    price $49,900 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

14. 2021-08-10
    price $59,500 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

15. 2021-07-23
    price $65,000 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

16. 2021-06-23
    price $69,000 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

17. 2021-05-25
    price $79,000 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

18. 2021-04-27
    listed $84,000 Active 243-char remark

    Show marketing remark (243 chars)

    PRICE REDUCATION!!!! This 3 bedroom, 1 bath home has a spacious living room, dining room, nice size kitchen. This home has so much potential. It's a must see. This home will not last long. Hurry before it's gone! This is a Fannie Mae property.

ⓘ 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: $997 · $83/mo
• Projected year-2 tax: $997 · $83/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 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 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,470
• − Mortgage interest: −$7,226
• − Property taxes: −$997
• − Insurance: −$645
• − Repairs & maintenance: −$1,158
• − Management: −$1,158
• − Depreciation: −$3,753
• Taxable loss: −$465
• Est. tax savings @ 24.0%: +$112
• After-tax cash flow: $1,784/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 — Graysville

• Score: 59/100
• State rank: #321
• US rank: #19807

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Graysville, AL
• Population (ZIP): 2,839

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 White (69%)
• Race & ethnicity: White 69% Black 27% Two or more races 4%
• Common ancestry: Iranian 2% Slovak 1% Lithuanian 1%
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 1%

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: ▲ 4.12%
• Current HPI: 176.8227
• Rent YoY: —
• Metro: —
• 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

+53.6% since first listed

18 events — show timeline

• 2025-11-05 Listed $129,000 Greater Alabama MLS
• 2025-01-19 Rental Removed $1,175 SHOWMOJO
• 2025-01-05 Price Changed $1,175 SHOWMOJO
• 2024-12-21 Listed for Rent $1,195 SHOWMOJO
• 2023-09-14 Sold (Public Records) $85,500 Public Records
• 2023-08-28 Sold (Public Records) $128,500 Public Records
• 2023-07-14 Sold (Public Records) $110,000 Public Records
• 2022-02-04 Sold (Public Records) $138,000 Public Records
• 2021-11-04 Sold (Public Records) $90,000 Public Records
• 2021-09-22 Sold (MLS) $48,750 Greater Alabama MLS
• 2021-09-09 Delisted — Greater Alabama MLS
• 2021-08-30 Contingent — Greater Alabama MLS
• 2021-08-26 Price Changed $49,900 Greater Alabama MLS
• 2021-08-10 Price Changed $59,500 Greater Alabama MLS
• 2021-07-23 Price Changed $65,000 Greater Alabama MLS
• 2021-06-23 Price Changed $69,000 Greater Alabama MLS
• 2021-05-25 Price Changed $79,000 Greater Alabama MLS
• 2021-04-27 Listed $84,000 Greater Alabama MLS

Property tax history

+8.9%/yr

Latest (2025): $997 · +0.0% YoY. Source: county tax records.