315 Jefferson Ave · Bessemer, AL 35020

$70,000

2 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 100 Days on market

Built 1946 10,454 sqft lot $64/sqft · 8% above area Est $65k · 8% over

---

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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• ARV discount +3.7/15.0
• 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 MLS

Perfect opportunity for a first-time homebuyer or savvy investor! Conveniently located just minutes from a major intersection, shopping centers, and nearby industrial plants, this home offers both accessibility and potential. Don’t wait, opportunities like this don’t last long. Come claim this hidden diamond before someone else does!

Key facts

• 0.24 acre lot
• Parking
• Built 1946

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $64k (9.0% below list) — sets the bar for market timing.
• Cap rate 11.8% vs local median 5.9% in Bessemer — 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 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: schools D-, crime F, amenities 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.
• Market conditions: Rents falling (-3.1%/yr); 115 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 35% 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 $484 of loan paydown is wiped out by about $2k 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 + 0.0% rent growth), your $20k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 100 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $35k; list at $70k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 40% 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 $63,700 (9.0% below list)

Questions for the listing agent

1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1946 — 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 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?
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: 1.45% ✓
• Cap rate: 11.80%
• Cash-on-cash: 19.66%
• DSCR: 1.87
• GRM: 5.7

CMA / ARV

• ARV (median comp): $64,541
• List price: $70,000
• Delta: 8.46%
• 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
8 Owen Ave	0.34mi	3/1.0 (+1)	1,114 (+2%)	2mo	$55,000	$49	74
235 Kyser Ave	0.16mi	3/1.0 (+1)	1,064 (-3%)	16mo	$62,000	$58	70
427 Gladys St	0.08mi	3/1.0 (+1)	1,248 (+14%)	3mo	$32,000	$26	65
426 11th St S	0.60mi	2/1.0	1,120 (+3%)	5mo	$40,000	$36	64
223 9th St S	0.50mi	2/1.0	1,117 (+2%)	11mo	$95,000	$85	63
320 Goodview St	0.37mi	3/1.0 (+1)	1,000 (-8%)	4mo	$91,000	$91	60
413 Ash Ave	0.26mi	3/1.0 (+1)	936 (-14%)	1mo	$60,000	$64	58
424 Joseph St	0.49mi	3/2.0 (+1)	1,072 (-2%)	10mo	$155,000	$145	57
802 Clarendon Ave	0.40mi	2/2.0	1,214 (+11%)	5mo	$106,000	$87	54
300 Norwood Ave	0.30mi	3/1.0 (+1)	966 (-12%)	10mo	$124,000	$128	54
100 Black Ave	0.46mi	3/2.0 (+1)	1,232 (+13%)	10mo	$146,000	$119	40
1008 Avenue H	0.56mi	3/2.0 (+1)	1,215 (+11%)	16mo	$85,000	$70	33

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: 8.3%
• Equity multiple: 1.31×
• Total profit: $6,147
• Equity at exit: $10,437

10-year hold

• IRR: 14.8%
• Equity multiple: 2.03×
• Total profit: $20,235
• Equity at exit: $6,052

Cash invested: $19,600 (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: 5.7×

Monthly cashflow live

• Estimated rent: $1,017 high
• Mortgage (P&I): −$367
• Tax from tax record: −$86 /mo · $1,029/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$214
• Net cashflow: $321

Break-even live

Break-even rent $610

Max offer price $70,000

Occupancy floor 63%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 Clifton St Bessemer, AL	3.0	1.0	1450	$1,100	$0.76	43d	1	0.27mi
622 Jefferson Ave Bessemer, AL	2.0	1.0	800	$850	$1.06	21d	1	0.30mi
622 Jefferson Ave Unit 622 Bessemer, AL	2.0	1.0	800	$850	$1.06	3d	1	0.30mi
300 Norwood Ave Bessemer, AL	3.0	1.0	966	$900	$0.93	11d	1	0.33mi
300 Norwood Ave Bessemer, AL	3.0	1.0	966	$1,000	$1.04	23d	1	0.33mi
704 Avenue I Bessemer, AL	3.0	1.0	1232	$1,200	$0.97	23d	1	0.36mi
808 Fairfax Ave Bessemer, AL	3.0	1.0	1042	$1,050	$1.01	23d	1	0.38mi
810 Fairfax Ave Bessemer, AL	3.0	1.0	1042	$1,050	$1.01	23d	1	0.39mi
18 Center St Bessemer, AL	3.0	1.0	1418	$1,100	$0.78	43d	1	0.45mi
10 Center St Bessemer, AL	3.0	1.0	1152	$1,000	$0.87	43d	1	0.49mi
931 Dartmouth Ave Bessemer, AL	3.0	1.0	984	$925	$0.94	43d	1	0.52mi
208 9th Ct S Bessemer, AL	2.0	1.0	784	$650	$0.83	23d	1	0.58mi
806 4th Ave N Bessemer, AL	3.0	1.0	1092	$1,050	$0.96	23d	1	0.83mi
830 5th Ave N Bessemer, AL	3.0	1.0	1072	$1,000	$0.93	43d	1	0.93mi
410 W Lake Dr Bessemer, AL	2.0	1.0	780	$875	$1.12	10d	1	0.97mi
510 W Lake Dr Bessemer, AL	3.0	1.0	950	$1,025	$1.08	16d	1	1.02mi
512 W Lake Dr Bessemer, AL	3.0	1.0	944	$1,125	$1.19	11d	1	1.03mi
531 W Lake Dr Bessemer, AL	3.0	1.0	1014	$1,200	$1.18	3d	1	1.05mi
1600 Holbrook Ave Bessemer, AL	3.0	1.0	885	$999	$1.13	2d	1	1.11mi
1622 Fairfax Ave Bessemer, AL	2.0	2.0	1104	$995	$0.90	2d	1	1.14mi
420 19th St S Bessemer, AL	2.0	1.0	910	$850	$0.93	43d	1	1.33mi
1830 Exeter Ave Bessemer, AL	2.0	1.0	913	$850	$0.93	43d	1	1.33mi
419 19th St S Bessemer, AL	3.0	2.0	1200	$1,050	$0.88	11d	1	1.36mi
1909 Holbrook Ave Bessemer, AL	2.0	1.0	1064	$930	$0.87	43d	1	1.40mi
1015 11th St N Bessemer, AL	2.0	1.0	876	$975	$1.11	11d	1	1.45mi

Listing history 17 events

1. 2026-06-18
   days on market $70,000 Active 100 DOM
2. 2026-06-17
   days on market $70,000 Active 99 DOM
3. 2026-06-16
   days on market $70,000 Active 98 DOM
4. 2026-06-15
   days on market $70,000 Active 97 DOM
5. 2026-06-13
   days on market $70,000 Active 95 DOM
6. 2026-06-10
   days on market $70,000 Active 92 DOM
7. 2026-06-09
   days on market $70,000 Active 91 DOM
8. 2026-06-08
   days on market $70,000 Active 90 DOM
9. 2026-06-07
   days on market $70,000 Active 89 DOM
10. 2026-06-05
    days on market $70,000 Active 86 DOM
11. 2026-06-03
    days on market $70,000 Active 85 DOM
12. 2026-06-02
    days on market $70,000 Active 84 DOM
13. 2026-06-01
    days on market $70,000 Active 83 DOM
14. 2026-05-31
    days on market $70,000 Active 82 DOM
15. 2026-04-29
    price $70,000 347-char remark

    Show marketing remark (347 chars)

    Perfect opportunity for a first-time homebuyer or savvy investor! Conveniently located just minutes from a major intersection, shopping centers, and nearby industrial plants, this home offers both accessibility and potential. Don’t wait, opportunities like this don’t last long. Come claim this hidden diamond before someone else does!

16. 2026-03-10
    listed $85,000 Active 347-char remark

    Show marketing remark (347 chars)

    Perfect opportunity for a first-time homebuyer or savvy investor! Conveniently located just minutes from a major intersection, shopping centers, and nearby industrial plants, this home offers both accessibility and potential. Don’t wait, opportunities like this don’t last long. Come claim this hidden diamond before someone else does!

17. 1999-07-01
    soldstatus $35,000

ⓘ 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: $1,029 · $86/mo
• Projected year-2 tax: $1,029 · $86/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 40% 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: $12,200
• − Mortgage interest: −$3,921
• − Property taxes: −$1,029
• − Insurance: −$350
• − Repairs & maintenance: −$976
• − Management: −$976
• − Depreciation: −$2,036
• Taxable income: $2,912
• Est. tax owed @ 24.0%: −$699
• After-tax cash flow: $3,155/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

+100.0% since first listed

3 events — show timeline

• 2026-04-29 Price Changed $70,000 Greater Alabama MLS
• 2026-03-10 Listed $85,000 Greater Alabama MLS
• 1999-07-01 Sold (Public Records) $35,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $1,029 · +0.0% YoY. Source: county tax records.