3124 6th Ave N · Bessemer, AL 35020

$115,900

2 bd · 1.0 ba · 1,616 sqft · SingleFamily public records · 51 Days on market

Built 1948 9,147 sqft lot $72/sqft · at area comps Est $129k · 10% under ↓ 3% since listing

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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 +18.2/30.0
• ARV discount +12.1/15.0
• DSCR +5.7/10.0
• 1% rule +4.6/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks

Discover the charm of this enchanting fairy-tale cottage at 3124 6th Ave N in Bessemer! Recently renovated with modern finishes, this super cute home boasts 3 bedrooms, including a unique loft-style bedroom upstairs, and 1 beautifully updated bath. From the granite countertops to the luxury flooring throughout, every detail adds a touch of elegance to this cozy retreat!

Key facts

• Luxury flooring
• Granite countertops
• 9,147 sq ft lot

Tags

• UNIQUE LOFT-STYLE BEDROOM
• GRANITE COUNTERTOPS
• LUXURY FLOORING

Property features AI

Finance

• Other: Parcel ID 38-00-03-2-007-013.000; Property located in the BESSEMER subdivision
• Financial info: Has down payment assistance

Exterior

• Parking: Driveway parking; Off-street parking; On-street parking
• Utilities: Public water; Sewer connected; Electric water heater; Internet service availability unknown
• Home design: Wood construction; Existing (previously built) structure; Single-story rooms (all primary rooms listed at level 1)
• Construction: Wood construction; Crawl space foundation
• Exterior features: Front porch; Crawl space foundation; No pool, patio, deck, garden/patio, or waterfront

Interior

• Kitchen: Solid surface countertops; Kitchen on main level
• Bedrooms: Three bedrooms on the main level
• Flooring: Tile flooring; Vinyl flooring
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; No special interior features listed
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on the main level

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $116k.

Deal economics

• At list price, monthly cash flow is $103 ($1k/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 $111k (4.3% below list).
• Recommended offer: $111k (4.3% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 5.9% in Bessemer — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 59/100 on livability (#331 in AL) — a working-class tenant base; expect higher turnover. Strengths: commute A+, cost of living A+, housing A; Watch: crime F, amenities F, employment F.
• Bessemer City (suburban): math 3% / reading 19% proficiency, ranked #120 of 129 in AL (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 87% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Bessemer City High School (math 2% / reading 8%, grade F, #276 of 305 statewide, top 95%, 850 students, 61% FRL) — zoned schools average 61% FRL vs 87% district-wide (26 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents falling (-3.1%/yr); 115 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 38% of the median local income ($35k/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 $801 of loan paydown is wiped out by about $3k 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 51 days — a 3% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 36% 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 $110,894 (4.3% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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?
6. 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?
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: 0.96% ✗
• Cap rate: 7.36%
• Cash-on-cash: 3.81%
• DSCR: 1.17
• GRM: 8.7

CMA / ARV

• ARV (median comp): $129,017
• List price: $115,900
• Delta: -10.17%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2925 10th Ave N	0.38mi	3/2.0 (+1)	1,517 (-6%)	8mo	$114,900	$76	57
2705 7th Ave	0.40mi	3/1.0 (+1)	1,522 (-6%)	20mo	$25,000	$16	50
2901 6th Ave N	0.23mi	3/3.0 (+1)	1,756 (+9%)	15mo	$183,500	$104	49
3220 Arlington Dr	0.55mi	3/1.5 (+1)	1,854 (+15%)	23mo	$164,000	$88	24

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.52×
• Total profit: $-15,466
• Equity at exit: $17,281

10-year hold

• IRR: -10.2%
• Equity multiple: 0.46×
• Total profit: $-17,576
• Equity at exit: $10,021

Cash invested: $32,452 (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 35020

• Home prices YoY: -24.2%
• Rents YoY: -3.1%
• Active inventory: 115
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,109 high
• Mortgage (P&I): −$608
• Tax from tax record: −$117 /mo · $1,403/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $103

Break-even live

Break-even rent $978

Max offer price $115,900

Occupancy floor 86%

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: $28,975
• Closing costs: $3,477
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3019 7th Ave N Bessemer, AL	3.0	1.0	1080	$1,050	$0.97	44d	1	0.14mi
3225 4th Ave N Bessemer, AL	3.0	2.0	1486	$1,300	$0.87	23d	1	0.23mi
3230 Arlington Ave Bessemer, AL	2.0	2.0	1236	$795	$0.64	44d	1	0.55mi
3216 Avenue B Unit B Bessemer, AL	3.0	2.0	1220	$1,100	$0.90	44d	1	1.05mi
5912 Owen St Bessemer, AL	3.0	1.5	1192	$1,300	$1.09	44d	1	1.09mi
1254 Lewis St Brighton, AL	3.0	1.0	1200	$850	$0.71	44d	1	1.19mi
719 16th St N Bessemer, AL	3.0	1.5	1085	$1,075	$0.99	23d	1	1.45mi
419 19th St S Bessemer, AL	3.0	2.0	1200	$1,050	$0.88	12d	1	1.47mi

Listing history 20 events

1. 2026-06-18
   days on market $115,900 Active 51 DOM
2. 2026-06-17
   days on market $115,900 Active 50 DOM
3. 2026-06-16
   days on market $115,900 Active 49 DOM
4. 2026-06-15
   days on market $115,900 Active 48 DOM
5. 2026-06-13
   days on market $115,900 Active 46 DOM
6. 2026-06-10
   days on market $115,900 Active 43 DOM
7. 2026-06-09
   days on market $115,900 Active 42 DOM
8. 2026-06-08
   days on market $115,900 Active 41 DOM
9. 2026-06-07
   days on market $115,900 Active 40 DOM
10. 2026-06-05
    pricedays on market $115,900 Active 37 DOM
11. 2026-06-03
    days on market $119,900 Active 36 DOM
12. 2026-06-02
    days on market $119,900 Active 35 DOM
13. 2026-06-01
    days on market $119,900 Active 34 DOM
14. 2026-05-31
    days on market $119,900 Active 33 DOM
15. 2026-04-24
    listed $119,900 Active 372-char remark
16. 2024-10-15
    price $109,900
17. 2024-09-26
    historical $1,150
18. 2024-09-20
    price $1,150
19. 2024-09-03
    listed $1,175
20. 2023-01-17
    soldstatus $119,000

ⓘ 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: $1,403 · $117/mo
• Projected year-2 tax: $1,403 · $117/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 ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 36% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,307
• − Mortgage interest: −$6,492
• − Property taxes: −$1,403
• − Insurance: −$580
• − Repairs & maintenance: −$1,065
• − Management: −$1,065
• − Depreciation: −$3,372
• Taxable loss: −$668
• Est. tax savings @ 24.0%: +$160
• After-tax cash flow: $1,397/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: Bessemer City
• NCES district ID: 0100330
• Math proficiency: 3% ▼ -18.00%
• Reading proficiency: 19% ▼ -3.00%
• Median HH income: $29,721
• Composite: 8.45/100
• National rank: #9905
• State rank: #120 of 129 in AL

Livability — Bessemer

• Score: 59/100
• State rank: #331
• US rank: #20078

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bessemer, AL
• County: Jefferson County · 527,445 people
• City population: 48,018
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 24,892
• Household income: $35,362
• Rent vs Own: 40.6% rent · 59.4% own
• Severe rent burden: 1001.0

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 (74%)
• Race & ethnicity: Black 74% Hispanic / Latino 13% White 11% Two or more races 6%
• Hispanic origin (detail): Mexican 10%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 11%

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: ▼ -57.54%
• Current HPI: 179.7702
• Rent YoY: ▼ -3.12%
• 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

-2.6% since first listed

7 events — show timeline

• 2026-06-04 Price Changed $115,900 Greater Alabama MLS
• 2026-04-24 Listed $119,900 Greater Alabama MLS
• 2024-10-15 Price Changed $109,900 Greater Alabama MLS
• 2024-09-26 Rental Removed $1,150 SHOWMOJO
• 2024-09-20 Price Changed $1,150 SHOWMOJO
• 2024-09-03 Listed for Rent $1,175 SHOWMOJO
• 2023-01-17 Sold (Public Records) $119,000 Public Records

Property tax history

+24.4%/yr

Latest (2025): $1,403 · -1.2% YoY. Source: county tax records.