8757 Hamby Rd · Kimberly, AL 35091

$179,900

3 bd · 1.0 ba · 2,084 sqft · SingleFamily public records · 192 Days on market

Built 1959 0.42 ac lot $86/sqft · 27% below area Est $247k · 27% 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 +21.1/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +6.7/10.0
• 1% rule +5.1/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Escape the city and enjoy peaceful living on over half an acre along Hamby Road in Kimberly! This warm, family-friendly home features a bright layout, durable flooring, and a spacious kitchen complete with a fridge, stove, and dishwasher. Recent improvements include refreshed siding and paint, updated windows, trim work, and a newly improved fireplace surround. The unfinished basement offers incredible potential—ideal for expanding living space, creating a workshop, or adding extra storage. Outside, the large, level lot provides plenty of room to play, garden, or relax along with a ramp to the covered front porch. Just minutes from I-65, you’ll enjoy quick access to Birmingham and Cullman while soaking in the privacy of country living.

Key facts

• Over half an acre
• Wide flat lot
• Unfinished basement

Tags

• OVER HALF AN ACRE
• UNFINISHED BASEMENT
• WIDE FLAT LOT
• EASY ACCESS TO BIRMINGHAM
• EASY ACCESS TO CULLMAN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $258 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 4.2% in Kimberly — 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 66/100 on livability (#99 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment 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.
• Market conditions: 129 active listings in the ZIP; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (10.0% 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 (10.0% appreciation + 3.0% rent growth), your $50k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 192 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y 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 $117k; list at $180k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $158,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 192 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 1959 — 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. 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: 1.01% ✓
• Cap rate: 8.01%
• Cash-on-cash: 6.14%
• DSCR: 1.27
• GRM: 8.2

CMA / ARV

• ARV (median comp): $247,402
• List price: $179,900
• Delta: -27.28%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9110 Stouts Rd	0.60mi	4/2.5 (+1)	2,130 (+2%)	6mo	$265,000	$124	52
8505 Sheffield Dr	0.43mi	4/2.5 (+1)	2,153 (+3%)	14mo	$375,000	$174	52
8609 Montina Dr	0.72mi	3/2.0	1,990 (-4%)	22mo	$220,000	$111	37
8565 Sheffield Dr	0.40mi	3/2.0	1,802 (-14%)	22mo	$361,550	$201	36
237 Firebrick Cir	0.68mi	4/2.5 (+1)	2,175 (+4%)	20mo	$295,000	$136	33
8489 Sheffield Dr	0.50mi	3/2.5	2,328 (+12%)	23mo	$390,000	$168	31
8603 Montina Dr	0.73mi	3/3.0	2,312 (+11%)	11mo	$230,000	$99	30

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.7%
• Equity multiple: 3.27×
• Total profit: $114,387
• Equity at exit: $162,068

10-year hold

• IRR: 25.0%
• Equity multiple: 7.43×
• Total profit: $323,915
• Equity at exit: $349,506

Cash invested: $50,372 (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 35091

• Home prices YoY: 8.8%
• Active inventory: 129
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,820 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$162 /mo · $1,943/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $258

Break-even live

Break-even rent $1,494

Max offer price $179,900

Occupancy floor 81%

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-07
   statusdays on market $179,900 Pending 192 DOM
2. 2026-06-03
   days on market $179,900 Active 191 DOM
3. 2026-06-02
   days on market $179,900 Active 190 DOM
4. 2026-06-01
   days on market $179,900 Active 189 DOM
5. 2026-05-31
   days on market $179,900 Active 188 DOM
6. 2026-04-02
   price $179,900 757-char remark

   Show marketing remark (757 chars)

   Escape the city and enjoy peaceful living on over half an acre along Hamby Road in Kimberly! This warm, family-friendly home features a bright layout, durable flooring, and a spacious kitchen complete with a fridge, stove, and dishwasher. Recent improvements include refreshed siding and paint, updated windows, trim work, and a newly improved fireplace surround. The unfinished basement offers incredible potential—ideal for expanding living space, creating a workshop, or adding extra storage. Outside, the large, level lot provides plenty of room to play, garden, or relax along with a ramp to the covered front porch. Just minutes from I-65, you’ll enjoy quick access to Birmingham and Cullman while soaking in the privacy of country living.

7. 2025-11-24
   listed $184,900 Active 757-char remark

   Show marketing remark (757 chars)

   Escape the city and enjoy peaceful living on over half an acre along Hamby Road in Kimberly! This warm, family-friendly home features a bright layout, durable flooring, and a spacious kitchen complete with a fridge, stove, and dishwasher. Recent improvements include refreshed siding and paint, updated windows, trim work, and a newly improved fireplace surround. The unfinished basement offers incredible potential—ideal for expanding living space, creating a workshop, or adding extra storage. Outside, the large, level lot provides plenty of room to play, garden, or relax along with a ramp to the covered front porch. Just minutes from I-65, you’ll enjoy quick access to Birmingham and Cullman while soaking in the privacy of country living.

8. 2019-11-01
   soldstatus $117,000
9. 2019-05-24
   soldstatus $50,000
10. 2019-05-24
    soldstatus $56,000
11. 2019-05-14
    soldstatus $49,900 Sold 504-char remark

    Show marketing remark (504 chars)

    Great home located right off of Highway 31. Convenient to local amenities. Home features a charming fireplace and a fenced in yard. This Property was built before 1978 and could potentially have Lead Based Paint. Property is owned by the US Dept. Of HUD. Case Number 011-502022 It is listed as IE subject to Appraisal. Seller makes no representation or warranties as to property condition. HUD homes are “as is” EHO, Seller may contribute up to 3% for buyers closing cost, upon buyer request.

12. 2019-04-12
    historical 504-char remark

    Show marketing remark (504 chars)

    Great home located right off of Highway 31. Convenient to local amenities. Home features a charming fireplace and a fenced in yard. This Property was built before 1978 and could potentially have Lead Based Paint. Property is owned by the US Dept. Of HUD. Case Number 011-502022 It is listed as IE subject to Appraisal. Seller makes no representation or warranties as to property condition. HUD homes are “as is” EHO, Seller may contribute up to 3% for buyers closing cost, upon buyer request.

13. 2019-03-30
    status Active 504-char remark

    Show marketing remark (504 chars)

    Great home located right off of Highway 31. Convenient to local amenities. Home features a charming fireplace and a fenced in yard. This Property was built before 1978 and could potentially have Lead Based Paint. Property is owned by the US Dept. Of HUD. Case Number 011-502022 It is listed as IE subject to Appraisal. Seller makes no representation or warranties as to property condition. HUD homes are “as is” EHO, Seller may contribute up to 3% for buyers closing cost, upon buyer request.

14. 2019-03-28
    historical 504-char remark

    Show marketing remark (504 chars)

    Great home located right off of Highway 31. Convenient to local amenities. Home features a charming fireplace and a fenced in yard. This Property was built before 1978 and could potentially have Lead Based Paint. Property is owned by the US Dept. Of HUD. Case Number 011-502022 It is listed as IE subject to Appraisal. Seller makes no representation or warranties as to property condition. HUD homes are “as is” EHO, Seller may contribute up to 3% for buyers closing cost, upon buyer request.

15. 2019-03-26
    listed $55,000 Active 504-char remark

    Show marketing remark (504 chars)

    Great home located right off of Highway 31. Convenient to local amenities. Home features a charming fireplace and a fenced in yard. This Property was built before 1978 and could potentially have Lead Based Paint. Property is owned by the US Dept. Of HUD. Case Number 011-502022 It is listed as IE subject to Appraisal. Seller makes no representation or warranties as to property condition. HUD homes are “as is” EHO, Seller may contribute up to 3% for buyers closing cost, upon buyer request.

16. 2002-12-02
    soldstatus $89,900

ⓘ 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: $1,943 · $162/mo
• Projected year-2 tax: $1,943 · $162/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $21,845
• − Mortgage interest: −$10,077
• − Property taxes: −$1,943
• − Insurance: −$900
• − Repairs & maintenance: −$1,748
• − Management: −$1,748
• − Depreciation: −$5,233
• Taxable income: $196
• Est. tax owed @ 24.0%: −$47
• After-tax cash flow: $3,047/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 — Kimberly

• Score: 66/100
• State rank: #99
• US rank: #11415

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kimberly, AL
• Population (ZIP): 3,632

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 (92%)
• Race & ethnicity: White 92% Black 5% Two or more races 2%
• Common ancestry: Italian 7% Slovak 4% Lithuanian 3%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 99% English-only · Korean 1% Other Indo-European 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: ▲ 21.37%
• Current HPI: 265.4636
• 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

+100.1% since first listed

11 events — show timeline

• 2026-04-02 Price Changed $179,900 Greater Alabama MLS
• 2025-11-24 Listed $184,900 Greater Alabama MLS
• 2019-11-01 Sold (Public Records) $117,000 Public Records
• 2019-05-24 Sold (Public Records) $56,000 Public Records
• 2019-05-24 Sold (Public Records) $50,000 Public Records
• 2019-05-14 Sold (MLS) $49,900 Greater Alabama MLS
• 2019-04-12 Delisted — Greater Alabama MLS
• 2019-03-30 Relisted — Greater Alabama MLS
• 2019-03-28 Delisted — Greater Alabama MLS
• 2019-03-26 Listed $55,000 Greater Alabama MLS
• 2002-12-02 Sold (Public Records) $89,900 Public Records

Property tax history

+17.5%/yr

Latest (2025): $1,943 · -4.9% YoY. Source: county tax records.