109 Rose Dr · Birmingham, AL 35215

$124,900

3 bd · 1.0 ba · 1,708 sqft · SingleFamily public records · 66 Days on market

Built 1954 0.27 ac lot $73/sqft · 17% below area Est $135k · 8% 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 +20.8/30.0
• ARV discount +10.9/15.0
• DSCR +6.6/10.0
• 1% rule +5.6/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity for investors or owner-occupants! This 3-bedroom, 2-bath home offers approximately 1,500+ square feet of living space with a full basement providing additional storage or expansion potential . Situated on a generous lot with a fenced backyard, this property is ideal for pets, outdoor living, or future improvements. You’ll find a large eat-in kitchen, spacious living areas, and a generously sized primary bedroom . The home features a classic layout with solid bones and is ready for updates to make it your own or maximize rental value. Exterior highlights include a covered front porch, rear deck, and basement garage parking. The lot provides privacy with mature trees and plenty of usable yard space. Previously used as a rental, this property presents a great investment opportunity or an affordable option for a personal residence with room to add value. Sold as-is / Where-is

Key facts

• Covered front porch
• Large eat-in kitchen
• Full basement

Tags

• FULL BASEMENT
• FENCED BACKYARD
• LARGE EAT-IN KITCHEN
• COVERED FRONT PORCH
• REAR DECK
• BASEMENT GARAGE PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $172 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $117k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 6.2% in Birmingham — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 67/100 on livability (#78 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, schools F, crime F.
• Birmingham City (urban): math 4% / reading 20% proficiency, ranked #116 of 129 in AL (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.0%/yr); 333 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 30% 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 $864 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 66 days — a 6% lower offer ($117k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $73k; list at $125k implies a 71% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — 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 $117,406 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1954 — 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. Crime grade is F 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?
7. 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.
8. 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.
9. 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: 1.06% ✓
• Cap rate: 7.95%
• Cash-on-cash: 5.90%
• DSCR: 1.26
• GRM: 7.9

CMA / ARV

• ARV (median comp): $135,028
• List price: $124,900
• Delta: -7.50%
• 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
173 Roebuck Dr	0.17mi	3/1.0	1,682 (-2%)	7mo	$72,000	$43	84
200 Red Lane Rd	0.30mi	3/1.0	1,632 (-4%)	10mo	$88,000	$54	70
824 Hickory Dr	0.43mi	4/2.0 (+1)	1,750 (+2%)	3mo	$190,000	$109	64
317 Westwood Dr	0.56mi	3/1.5	1,811 (+6%)	0mo	$124,000	$68	62
209 Garden Ln	0.33mi	3/2.5	1,854 (+8%)	5mo	$71,000	$38	60
9801 Redcliff Rd	0.25mi	3/1.5	1,893 (+11%)	11mo	$132,000	$70	60
600 Annie Laura Dr	0.43mi	4/2.0 (+1)	1,617 (-5%)	6mo	$129,995	$80	58
937 Hickory Dr	0.65mi	4/2.0 (+1)	1,622 (-5%)	6mo	$165,000	$102	47
945 Nelson Dr	0.64mi	3/2.0	1,563 (-8%)	6mo	$170,000	$109	47
101 95th St N	0.54mi	3/2.0	1,506 (-12%)	5mo	$82,000	$54	47
329 Bridlewood Dr	0.62mi	3/1.5	1,927 (+13%)	5mo	$82,450	$43	43
909 Five Mile Rd	0.71mi	3/2.0	1,532 (-10%)	4mo	$115,000	$75	42

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: -7.1%
• Equity multiple: 0.74×
• Total profit: $-9,199
• Equity at exit: $18,623

10-year hold

• IRR: 2.6%
• Equity multiple: 1.18×
• Total profit: $6,429
• Equity at exit: $10,799

Cash invested: $34,972 (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: 7.9×

Monthly cashflow live

• Estimated rent: $1,324 high
• Mortgage (P&I): −$655
• Tax from tax record: −$167 /mo · $2,004/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $172

Break-even live

Break-even rent $1,106

Max offer price $124,900

Occupancy floor 82%

Sensitivity live

Price	-10% $243	-5% $207	+0% $172	+5% $137	+10% $101
Rent	-10% $67	-5% $120	+0% $172	+5% $224	+10% $277
Rate	-1.0pp $235	-0.5pp $204	base $172	+0.5pp $140	+1.0pp $107

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
221 Lawson Rd Birmingham, AL	3.0	1.5	1102	$1,325	$1.20	25d	1	0.31mi
216 Sanford Dr Birmingham, AL	3.0	1.5	1134	$1,200	$1.06	45d	1	0.38mi
252 Westwood Dr Birmingham, AL	3.0	1.5	1124	$1,400	$1.25	3d	1	0.46mi
426 Buckingham Cir Birmingham, AL	2.0	1.5	1080	$1,013	$0.94	45d	1	0.47mi
316 Pine St Birmingham, AL	3.0	1.0	1232	$1,100	$0.89	45d	1	0.54mi
921 Charles Ct Birmingham, AL	4.0	2.0	1529	$1,450	$0.95	45d	1	0.57mi
417 Price Dr Birmingham, AL	4.0	2.0	1584	$1,395	$0.88	25d	1	0.57mi
957 Hickory Cir Birmingham, AL	3.0	2.0	1364	$1,195	$0.88	4d	1	0.67mi
945 Elizabeth Dr Birmingham, AL	3.0	1.0	1227	$1,125	$0.92	4d	1	0.71mi
932 Five Mile Rd Birmingham, AL	3.0	1.5	1200	$1,175	$0.98	20d	1	0.73mi
832 Meadowbrook Dr Birmingham, AL	3.0	2.0	1228	$1,225	$1.00	25d	1	0.76mi
912 Meadowbrook Dr Birmingham, AL	3.0	1.0	1178	$1,100	$0.93	45d	1	0.81mi
929 Meadowbrook Dr Birmingham, AL	3.0	2.0	1649	$1,200	$0.73	13d	1	0.87mi
940 Meadowbrook Dr Birmingham, AL	4.0	1.0	1149	$1,300	$1.13	45d	1	0.87mi
726 Orchard Rd Birmingham, AL	3.0	1.0	1120	$1,095	$0.98	45d	1	0.90mi
9228 Brookhurst Dr Birmingham, AL	3.0	1.0	1146	$999	$0.87	45d	1	0.93mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	4d	1	1.05mi
736 Gene Reed Rd Birmingham, AL	3.0	2.0	1353	$1,220	$0.90	45d	1	1.17mi
520 Camellia Rd Birmingham, AL	3.0	1.0	1053	$1,100	$1.04	4d	1	1.24mi
217 Killough Dr Birmingham, AL	3.0	2.0	1212	$1,200	$0.99	16d	1	1.26mi
46 Sunscape Dr Birmingham, AL	4.0	2.0	1178	$1,450	$1.23	45d	1	1.27mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	13d	1	1.27mi
40 Sunscape Dr Birmingham, AL	3.0	2.0	1283	$1,555	$1.21	3d	1	1.29mi
1177 Five Mile Rd Birmingham, AL	3.0	2.0	1636	$1,100	$0.67	45d	1	1.35mi
1128 Lay Dr Birmingham, AL	3.0	1.5	1700	$1,410	$0.83	13d	1	1.35mi
433 Orchid Rd Birmingham, AL	3.0	1.0	1162	$1,255	$1.08	17d	1	1.45mi

Listing history 18 events

1. 2026-06-21
   statusdays on market $124,900 Contingent 66 DOM
2. 2026-06-18
   days on market $124,900 Active 63 DOM
3. 2026-06-17
   days on market $124,900 Active 62 DOM
4. 2026-06-16
   days on market $124,900 Active 61 DOM
5. 2026-06-15
   days on market $124,900 Active 60 DOM
6. 2026-06-13
   days on market $124,900 Active 58 DOM
7. 2026-06-10
   days on market $124,900 Active 55 DOM
8. 2026-06-09
   days on market $124,900 Active 54 DOM
9. 2026-06-08
   days on market $124,900 Active 53 DOM
10. 2026-06-07
    pricedays on market $124,900 Active 52 DOM
11. 2026-06-03
    days on market $135,000 Active 48 DOM
12. 2026-06-02
    days on market $135,000 Active 47 DOM
13. 2026-06-01
    days on market $135,000 Active 46 DOM
14. 2026-05-31
    days on market $135,000 Active 45 DOM
15. 2026-04-16
    listed $135,000 Active 908-char remark

    Show marketing remark (908 chars)

    Great opportunity for investors or owner-occupants! This 3-bedroom, 2-bath home offers approximately 1,500+ square feet of living space with a full basement providing additional storage or expansion potential . Situated on a generous lot with a fenced backyard, this property is ideal for pets, outdoor living, or future improvements. You’ll find a large eat-in kitchen, spacious living areas, and a generously sized primary bedroom . The home features a classic layout with solid bones and is ready for updates to make it your own or maximize rental value. Exterior highlights include a covered front porch, rear deck, and basement garage parking. The lot provides privacy with mature trees and plenty of usable yard space. Previously used as a rental, this property presents a great investment opportunity or an affordable option for a personal residence with room to add value. Sold as-is / Where-is

16. 2020-01-17
    soldstatus $73,000 Sold 112-char remark

    Show marketing remark (112 chars)

    Great home for occupant or investor. Huge master bedroom, Large eat-in kitchen, fenced in yard. Tons of Storage.

17. 2020-01-02
    status Pending 112-char remark

    Show marketing remark (112 chars)

    Great home for occupant or investor. Huge master bedroom, Large eat-in kitchen, fenced in yard. Tons of Storage.

18. 2019-12-11
    listed $85,000 Active 112-char remark

    Show marketing remark (112 chars)

    Great home for occupant or investor. Huge master bedroom, Large eat-in kitchen, fenced in yard. Tons of Storage.

ⓘ 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: $2,004 · $167/mo
• Projected year-2 tax: $2,004 · $167/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 ≥105°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: $15,890
• − Mortgage interest: −$6,996
• − Property taxes: −$2,004
• − Insurance: −$624
• − Repairs & maintenance: −$1,271
• − Management: −$1,271
• − Depreciation: −$3,633
• Taxable income: $90
• Est. tax owed @ 24.0%: −$21
• After-tax cash flow: $2,043/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: Birmingham City
• NCES district ID: 0100390
• Math proficiency: 4% ▼ -17.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $31,988
• Composite: 9.49/100
• National rank: #9850
• State rank: #116 of 129 in AL

Livability — Birmingham

• Score: 67/100
• State rank: #78
• US rank: #10412

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Birmingham, AL
• County: Jefferson County · 527,445 people
• City population: 210,422
• 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

+58.8% since first listed

4 events — show timeline

• 2026-04-16 Listed $135,000 Greater Alabama MLS
• 2020-01-17 Sold (MLS) $73,000 Greater Alabama MLS
• 2020-01-02 Pending — Greater Alabama MLS
• 2019-12-11 Listed $85,000 Greater Alabama MLS

Property tax history

+11.5%/yr

Latest (2025): $2,004 · +4.4% YoY. Source: county tax records.