7345 Wilburton Ln · Northport, AL 35473

$245,900

3 bd · 2.0 ba · 1,584 sqft · SingleFamily public records · 9 Days on market

Built 2023 6,098 sqft lot $155/sqft · 6% below area Est $261k · 6% under $45/mo HOA · 3% of rent

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Why this score? — see what drove the D- 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 +10.9/30.0
• ARV discount +10.0/15.0
• Livability +3.9/5.0
• DSCR +3.2/10.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to comfort, convenience, and effortless living! This charming 3-bedroom, 2-bath home features an inviting open-concept layout that seamlessly connects the living, dining, and kitchen spaces—great for everyday living and entertaining. The kitchen is highlighted by beautiful granite countertops, offering both style and functionality. Enjoy the ease of a level backyard—good for relaxing evenings, play, or hosting gatherings. Located just minutes from shopping, grocery stores, gas stations, medical offices, and schools, this home puts everything you need right at your fingertips. Plus, with quick and easy access to I-20/59, commuting is a breeze.

Key facts

• Level backyard
• Granite countertops
• Open-concept layout

Tags

• OPEN-CONCEPT LAYOUT
• GRANITE COUNTERTOPS
• LEVEL BACKYARD
• QUICK ACCESS TO I-20/59

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $535 (about $44.58/month)

Exterior

• Parking: Attached garage; 2 garage spaces; Driveway; Concrete surfaces
• Security: Smoke detector(s)
• Utilities: Sewer connected
• Home design: Single family residence; One story; Residential property
• Construction: Brick veneer and vinyl siding; Shingle (composition) roof; Slab foundation; Built on a 0.14-acre lot; Paved road access
• Exterior features: Covered patio

Interior

• Kitchen: Dishwasher; Microwave; Oven; Granite counters; Kitchen island; Pantry; Breakfast bar
• Bedrooms: Total rooms: 6
• Bathrooms: 2 full bathrooms
• Interior features: Breakfast bar; Granite counters; Kitchen island; Pantry; Walk-in closet(s); Double pane windows; Smoke detector(s)
• Laundry & utility: Laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $246k.

Deal economics

• At list price, monthly cash flow is $-106 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $227k (7.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (27.4% below list).
• Recommended offer: $178k (27.4% below list) — sets the bar for 1% rule.
• Cap rate 5.8% 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: Flatwoods Elementary School (math 8% / reading 42%, grade F, #416 of 627 statewide, top 67%, 436 students, 80% 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) — zoned schools average 67% FRL vs 45% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 108 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 622 units permitted in Tuscaloosa County in 2024 (69 in 5+ unit buildings).
• This rent runs 31% 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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $178,449 (27.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.73% ✗
• Cap rate: 5.77%
• Cash-on-cash: -1.85%
• DSCR: 0.92
• GRM: 11.5

CMA / ARV

• ARV (median comp): $260,604
• List price: $245,900
• Delta: -5.64%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7345 Wilburton Ln	0.00mi	3/2.0	1,584 (0%)	0mo	$245,900	$155	100
2813 Trestle Park Cir	0.06mi	4/2.0 (+1)	1,497 (-6%)	14mo	$249,250	$166	71
2803 Deerfield Ln	0.39mi	4/2.0 (+1)	1,514 (-4%)	4mo	$215,000	$142	66
7116 Dowery Dell Way	0.13mi	4/2.0 (+1)	1,798 (+14%)	0mo	$292,000	$162	66
7355 Wilburton Ln	0.01mi	4/2.0 (+1)	1,774 (+12%)	12mo	$272,500	$154	64
35 Booth Est	0.23mi	3/2.0	1,416 (-11%)	11mo	$221,000	$156	63
7615 Thompsons Way	0.19mi	3/2.0	1,350 (-15%)	6mo	$227,500	$169	62
2814 Trestle Park Cir	0.08mi	4/2.0 (+1)	1,774 (+12%)	15mo	$294,900	$166	59
7229 Dowery Dell Way	0.12mi	4/2.0 (+1)	1,798 (+14%)	13mo	$259,000	$144	56
2758 Lily Cir	0.28mi	4/2.0 (+1)	1,761 (+11%)	11mo	$259,900	$148	54
2715 Deerfield Ln	0.39mi	3/2.5	1,800 (+14%)	4mo	$200,000	$111	54
6504 Clearbrook Dr	0.70mi	3/2.0	1,797 (+13%)	9mo	$288,000	$160	37

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: -19.4%
• Equity multiple: 0.32×
• Total profit: $-46,694
• Equity at exit: $36,664

10-year hold

• IRR: -12.2%
• Equity multiple: 0.28×
• Total profit: $-49,715
• Equity at exit: $21,261

Cash invested: $68,852 (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: 108
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $1,784 medium
• Mortgage (P&I): −$1,290
• Tax from tax record: −$79 /mo · $947/yr
• Insurance: −$102
• HOA: −$45
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $-106

Break-even live

Break-even rent $1,919

Max offer price $227,146

Occupancy floor —

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: $61,475
• Closing costs: $7,377
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7701 Thompsons Way Northport, AL	3.0	2.0	1305	$1,600	$1.23	44d	1	0.22mi

HOA detail

• Monthly dues: $45 · $540/yr
• Likely covers: gas

Listing history 2 events

1. 2026-05-06
   status Pending 675-char remark
2. 2026-04-27
   listed $245,900 Active 675-char remark

ⓘ 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: $947 · $79/mo
• Projected year-2 tax: $1,008 · $84/mo
• Expected delta: +$61/yr (+$5/mo · 6.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $21,414
• − Mortgage interest: −$13,774
• − Property taxes: −$947
• − Insurance: −$1,230
• − Repairs & maintenance: −$1,713
• − Management: −$1,713
• − HOA: −$540
• − Depreciation: −$7,153
• Taxable loss: −$5,657
• Est. tax savings @ 24.0%: +$1,358
• After-tax cash flow: $84/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

+0.0% since first listed

4 events — show timeline

• 2026-06-09 Sold (Public Records) $245,900 Public Records
• 2026-06-05 Sold (MLS) $245,900 WAMLS
• 2026-05-06 Pending — WAMLS
• 2026-04-27 Listed $245,900 WAMLS

Property tax history

+151.5%/yr

Latest (2025): $947 · +151.5% YoY. Source: county tax records.