239 Poplar Springs Dr · Sylvan Springs, AL 35118

$129,000

3 bd · 2.0 ba · 1,075 sqft · SingleFamily public records · 1 Days on market

Built 1970 0.72 ac lot

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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 +27.4/30.0
• DSCR +9.5/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Better hurry, completely remodeled! New carpet, appliances, fresh paint, and more. Bonus room could be third bedroom (no closet). Fenced backyard, storage building, one car carport, fireplace, and more!

Key facts

• Big yard
• Kitchen appliances
• Laundry room

Tags

• FENCED BACKYARD
• CARPORT
• BIG YARD
• KITCHEN APPLIANCES
• EAT IN KITCHEN
• LAUNDRY ROOM

Property features AI

Finance

• Other: Lot size approximately 0.72 acre; Located in the Sylvan Springs subdivision
• Financial info: Quarterly garbage fee
• HOA & community: No association fee

Exterior

• Parking: Driveway parking; 1-car carport
• Utilities: Public water; Septic system; Electric water heater; Internet availability with AT&T
• Home design: Existing construction; 4-sided brick exterior; Crawl space foundation; Tri-level: No; Split level: No; Split foyer: No
• Construction: 4-side brick construction; Crawl space foundation
• Exterior features: Fenced yard; Private storm shelter; Porch; Open deck

Interior

• Kitchen: Dishwasher (built-in); Refrigerator; Electric stove; Laminate countertops
• Bedrooms: Master bedroom on main level
• Flooring: Carpet; Hardwood laminate; Tile; Vinyl
• Bathrooms: Two full bathrooms; Separate shower and tub/shower combination
• Heating & cooling: Central electric heating; Heat pump cooling
• Interior features: Security system; Split bedroom layout; Ceilings: Other (see remarks); Brick fireplace in living room (woodburning)
• Laundry & utility: Laundry room on main level; Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $375 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $129k).

Location & tenants

• Location reads 60/100 on livability (#293 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety 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: Concord Elementary School (math 8% / reading 37%, grade F, #437 of 627 statewide, top 70%, 397 students, 70% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 74% FRL vs 49% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 35 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 8y ago; this cycle's ask is 37% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $98k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $129,000

Questions for the listing agent

1. Built in 1970 — 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. 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?
4. 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.
5. 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.
6. 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: 1.13% ✓
• Cap rate: 9.79%
• Cash-on-cash: 12.47%
• DSCR: 1.55
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 2.1%
• Equity multiple: 1.08×
• Total profit: $2,957
• Equity at exit: $19,234

10-year hold

• IRR: 11.7%
• Equity multiple: 1.92×
• Total profit: $33,160
• Equity at exit: $11,154

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 35118

• Home prices YoY: -11.4%
• Active inventory: 35
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,456 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$45 /mo · $535/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $375

Break-even live

Break-even rent $981

Max offer price $129,000

Occupancy floor 69%

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 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
230 Poplar Springs Dr Mulga, AL	3.0	1.5	1075	$1,456	$1.35	1d	1	0.06mi

Listing history 6 events

1. 2026-06-18
   statusdays on market $129,000 Active 1 DOM
2. 2026-06-17
   days on market $129,000 Coming Soon 7 DOM
3. 2026-06-16
   days on market $129,000 Coming Soon 6 DOM
4. 2026-06-15
   days on market $129,000 Coming Soon 5 DOM
5. 2026-06-13
   remarks 271-char remark
6. 2026-06-13
   listed $129,000 Coming Soon 3 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: $535 · $45/mo
• Projected year-2 tax: $535 · $45/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 ≥107°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: $17,472
• − Mortgage interest: −$7,226
• − Property taxes: −$535
• − Insurance: −$645
• − Repairs & maintenance: −$1,398
• − Management: −$1,398
• − Depreciation: −$3,753
• Taxable income: $2,518
• Est. tax owed @ 24.0%: −$604
• After-tax cash flow: $3,901/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 — Sylvan Springs

• Score: 60/100
• State rank: #293
• US rank: #18909

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sylvan Springs, AL
• City population: 3,131
• Population (ZIP): 3,131

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 (75%)
• Race & ethnicity: White 75% Black 17% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Italian 3% Slovak 3% Iranian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 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: ▼ -25.72%
• Current HPI: 199.824
• 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

+248.6% since first listed

10 events — show timeline

• 2026-06-10 Coming Soon $129,000 Greater Alabama MLS
• 2019-03-15 Sold (Public Records) $98,224 Public Records
• 2019-03-13 Sold (MLS) $98,000 Greater Alabama MLS
• 2019-02-07 Delisted — Greater Alabama MLS
• 2019-01-09 Listed $94,500 Greater Alabama MLS
• 2018-11-09 Sold (MLS) $45,100 Greater Alabama MLS
• 2018-10-09 Delisted — Greater Alabama MLS
• 2018-10-01 Listed $45,000 Greater Alabama MLS
• 1996-10-29 Sold (Public Records) $72,500 Public Records
• 1993-03-05 Sold (Public Records) $37,000 Public Records

Property tax history

-9.3%/yr

Latest (2025): $535 · +7.6% YoY. Source: county tax records.