1010 7th Ave · Midfield, AL 35228

$95,000

3 bd · 1.0 ba · 1,321 sqft · SingleFamily public records · 25 Days on market

Built 1948 6,534 sqft lot Est $82k · 16% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +7.8/10.0
• Livability +3.2/5.0
• Appreciation +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +0.7/10.0
• ARV discount +0.3/15.0

Listing remarks MLS

GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

Key facts

• 6,534 sq ft lot
• Built 1948
• Listed 25 days

Property features AI

Finance

• HOA & community: No association fee

Exterior

• Parking: Driveway parking
• Utilities: Public water; Gas water heater; Internet availability unknown
• Home design: Existing construction; Single-story living areas (rooms listed on main level)
• Construction: Vinyl siding; Crawl space foundation
• Exterior features: Fenced yard; No pool; No patio, deck, or garden listed; Not waterfront

Interior

• Kitchen: Laminate countertops; Electric cooktop; Electric oven; Refrigerator
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Vinyl
• Bathrooms: Two full bathrooms; Separate shower and tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Vinyl flooring; Ceilings listed as 'Other (see remarks)'; One wood-burning fireplace with a brick surround in the living room; Attic present
• Laundry & utility: Laundry room on the main level; Washer hookup; Electric dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $375 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $94k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#164 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F, health & safety F.
• Midfield City (suburban): math 2% / reading 14% proficiency, ranked #126 of 129 in AL (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Midfield Elementary School (math 2% / reading 17%, grade F, #568 of 627 statewide, top 94%, 390 students, 84% FRL); Midfield High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 340 students, 87% FRL) — zoned schools at 86% FRL track the district average.
• Market conditions: Rents soft (-1.5%/yr); 87 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $27k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 $57k; list at $95k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $93,575 (1.5% below list)

Questions for the listing agent

1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.28% ✓
• Cap rate: 11.03%
• Cash-on-cash: 16.91%
• DSCR: 1.75
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $81,902
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1010 7th Ave	0.00mi	3/2.0	1,321 (0%)	11mo	$57,000	$43	87
812 7th Ave	0.10mi	3/2.0	1,319 (-0%)	7mo	$179,000	$136	86
703 11th Ave	0.34mi	4/1.0 (+1)	1,302 (-1%)	1mo	$80,000	$61	76
1120 9th Ave	0.21mi	3/1.0	1,437 (+9%)	1mo	$72,900	$51	74
503 8th Ave	0.33mi	3/2.0	1,218 (-8%)	0mo	$75,000	$62	67
1221 Carol Cir	0.42mi	3/1.0	1,200 (-9%)	2mo	$75,000	$63	64
617 8th Ave	0.24mi	4/2.0 (+1)	1,436 (+9%)	3mo	$85,000	$59	62
1117 Carol Cir	0.37mi	4/1.5 (+1)	1,504 (+14%)	8mo	$45,000	$30	46
1545 Carol Cir	0.58mi	3/1.5	1,184 (-10%)	11mo	$85,000	$72	44
1021 Hillandale Dr	0.51mi	3/1.0	1,140 (-14%)	12mo	$75,900	$67	43
916 Oakview Cir	0.68mi	3/1.0	1,150 (-13%)	9mo	$62,000	$54	39
1446 12th St	0.57mi	3/1.0	1,123 (-15%)	12mo	$80,000	$71	38

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: 4.9%
• Equity multiple: 1.18×
• Total profit: $4,884
• Equity at exit: $14,165

10-year hold

• IRR: 11.6%
• Equity multiple: 1.79×
• Total profit: $21,096
• Equity at exit: $8,214

Cash invested: $26,600 (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 35228

• Home prices YoY: -3.5%
• Rents YoY: -1.5%
• Active inventory: 87
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,219 high
• Mortgage (P&I): −$498
• Tax from tax record: −$50 /mo · $601/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $375

Break-even live

Break-even rent $744

Max offer price $95,000

Occupancy floor 64%

Sensitivity live

Price	-10% $429	-5% $402	+0% $375	+5% $348	+10% $321
Rent	-10% $279	-5% $327	+0% $375	+5% $423	+10% $471
Rate	-1.0pp $423	-0.5pp $399	base $375	+0.5pp $350	+1.0pp $325

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
801 Rutledge Dr Birmingham, AL	4.0	2.0	1808	$1,600	$0.88	2d	1	0.26mi
617 8th Ave Birmingham, AL	4.0	2.0	1436	$1,350	$0.94	2d	1	0.26mi
1401 9th Ave Birmingham, AL	3.0	2.0	1222	$1,200	$0.98	44d	1	0.27mi
616 Rutledge Dr Birmingham, AL	3.0	1.0	1416	$1,095	$0.77	22d	1	0.29mi
1109 12th Ave Birmingham, AL	4.0	2.0	1217	$1,475	$1.21	4d	1	0.32mi
806 12th Ave Birmingham, AL	3.0	1.0	1262	$1,075	$0.85	44d	1	0.32mi
605 10th Ave Birmingham, AL	3.0	1.0	1060	$850	$0.80	44d	1	0.33mi
608 5th Ave Midfield, AL	3.0	1.0	1241	$795	$0.64	22d	1	0.34mi
603 11th Ave Birmingham, AL	3.0	1.0	1289	$1,100	$0.85	44d	1	0.38mi
1206 15th St Birmingham, AL	3.0	1.0	1600	$950	$0.59	44d	1	0.43mi
832 Alden Ave Birmingham, AL	4.0	2.0	1231	$1,150	$0.93	24d	1	0.59mi
733 Glen Ridge Dr Fairfield, AL	3.0	1.0	1225	$1,378	$1.12	2d	1	0.79mi
800 Fairfax Dr Fairfield, AL	4.0	2.0	1200	$1,650	$1.38	2d	1	0.86mi
80 Wilkes Cir Birmingham, AL	4.0	2.0	1078	$1,200	$1.11	15d	1	0.88mi
222 4th Ave Birmingham, AL	3.0	1.0	1300	$1,050	$0.81	44d	1	0.91mi
63 Wilkes Cir Unit 1 Birmingham, AL	4.0	1.0	1164	$1,250	$1.07	44d	1	0.91mi
63 Wilkes Cir Birmingham, AL	4.0	1.0	1164	$1,200	$1.03	44d	1	0.91mi
1565 Miles St Dolomite, AL	3.0	2.0	1120	$1,175	$1.05	17d	1	0.95mi
226 3rd Ave Birmingham, AL	4.0	2.0	1248	$1,300	$1.04	44d	1	0.97mi
412 Fairfax Dr Unit 424-10 Fairfield, AL	3.0	1.5	1035	$1,275	$1.23	12d	1	0.97mi
412 Fairfax Dr Unit 444-12 Fairfield, AL	2.0	1.0	888	$910	$1.02	11d	1	0.97mi
412 Fairfax Dr Unit 400-1 Fairfield, AL	2.0	1.5	935	$1,175	$1.26	3d	1	0.97mi
412 Fairfax Dr Unit 424-3 Fairfield, AL	3.0	1.5	1035	$1,200	$1.16	11d	1	0.97mi
412 Fairfax Dr Unit 436-11 Fairfield, AL	2.0	1.5	935	$910	$0.97	11d	1	0.97mi
412 Fairfax Dr Unit 436-10 Fairfield, AL	2.0	1.0	888	$890	$1.00	11d	1	0.97mi
412 Fairfax Dr Unit 400-12 Fairfield, AL	2.0	1.0	888	$915	$1.03	11d	1	0.97mi
412 Fairfax Dr Unit 416-11 Fairfield, AL	2.0	1.5	935	$975	$1.04	3d	1	0.97mi
200 Woodward Dr Bessemer, AL	3.0	1.0	900	$1,123	$1.25	3d	1	0.98mi
925 Woodward Rd Birmingham, AL	2.0	2.0	1104	$950	$0.86	44d	1	1.07mi
923 Woodward Rd Birmingham, AL	3.0	1.0	1273	$1,200	$0.94	24d	1	1.07mi
216 Pine St Bessemer, AL	3.0	2.0	1000	$1,200	$1.20	44d	1	1.12mi
4506 Letson St Brighton, AL	3.0	2.0	1032	$1,200	$1.16	24d	1	1.20mi
1254 Lewis St Brighton, AL	3.0	1.0	1200	$850	$0.71	44d	1	1.30mi
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	17d	1	1.46mi

Listing history 27 events

1. 2026-06-18
   days on market $95,000 Active 25 DOM
2. 2026-06-17
   days on market $95,000 Active 24 DOM
3. 2026-06-16
   days on market $95,000 Active 23 DOM
4. 2026-06-15
   days on market $95,000 Active 22 DOM
5. 2026-06-13
   days on market $95,000 Active 20 DOM
6. 2026-06-13
   days on market $95,000 Active 19 DOM
7. 2026-06-10
   days on market $95,000 Active 17 DOM
8. 2026-06-09
   days on market $95,000 Active 16 DOM
9. 2026-06-08
   days on market $95,000 Active 15 DOM
10. 2026-06-07
    days on market $95,000 Active 14 DOM
11. 2026-06-05
    days on market $95,000 Active 11 DOM
12. 2026-06-03
    days on market $95,000 Active 10 DOM
13. 2026-06-02
    days on market $95,000 Active 9 DOM
14. 2026-06-01
    days on market $95,000 Active 8 DOM
15. 2026-05-31
    days on market $95,000 Active 7 DOM
16. 2026-05-21
    listed $95,000 Active
17. 2025-07-29
    soldstatus $57,000
18. 2025-07-25
    soldstatus $57,000 Sold 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

19. 2025-06-24
    status Pending 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

20. 2025-06-12
    price $75,000 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

21. 2025-06-04
    status Active 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

22. 2025-05-26
    status Pending 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

23. 2025-04-29
    price $99,000 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

24. 2025-04-25
    price $104,000 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

25. 2025-04-10
    listed $114,000 Active 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

26. 2025-04-02
    historical $114,000 334-char remark

    Show marketing remark (334 chars)

    GREAT INVESTMENT Property!!! Sold AS-IS. This cute bungalow is in a quiet neighborhood located near shopping, restaurants and the interstate. Home is very clean, well maintained and move in ready. It has a large fenced in backyard. All appliances remain. A must see. Hurry, it won't last long! Schedule your showing appointment today.

27. 2000-07-12
    soldstatus $65,900

ⓘ 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: $601 · $50/mo
• Projected year-2 tax: $601 · $50/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 6 d/yr ≥108°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,623
• − Mortgage interest: −$5,321
• − Property taxes: −$601
• − Insurance: −$475
• − Repairs & maintenance: −$1,170
• − Management: −$1,170
• − Depreciation: −$2,764
• Taxable income: $3,122
• Est. tax owed @ 24.0%: −$749
• After-tax cash flow: $3,749/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: Midfield City
• NCES district ID: 0102350
• Math proficiency: 2% ▼ -18.00%
• Reading proficiency: 14% ▼ -5.00%
• Median HH income: $39,267
• Composite: 6.89/100
• National rank: #9978
• State rank: #126 of 129 in AL

Livability — Midfield

• Score: 64/100
• State rank: #164
• US rank: #14536

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midfield, AL
• County: Jefferson County · 527,445 people
• City population: 10,216
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 10,216
• Household income: $50,815
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 456.0

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 (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 5% Two or more races 5% White 5%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 5%

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: ▼ -4.84%
• Current HPI: 134.8633
• Rent YoY: ▼ -1.47%
• 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

+44.2% since first listed

12 events — show timeline

• 2026-05-21 Listed $95,000 Greater Alabama MLS
• 2025-07-29 Sold (Public Records) $57,000 Public Records
• 2025-07-25 Sold (MLS) $57,000 Greater Alabama MLS
• 2025-06-24 Pending — Greater Alabama MLS
• 2025-06-12 Price Changed $75,000 Greater Alabama MLS
• 2025-06-04 Relisted — Greater Alabama MLS
• 2025-05-26 Pending — Greater Alabama MLS
• 2025-04-29 Price Changed $99,000 Greater Alabama MLS
• 2025-04-25 Price Changed $104,000 Greater Alabama MLS
• 2025-04-10 Listed $114,000 Greater Alabama MLS
• 2025-04-02 Coming Soon $114,000 Greater Alabama MLS
• 2000-07-12 Sold (Public Records) $65,900 Public Records

Property tax history

+3.8%/yr

Latest (2025): $601 · +0.0% YoY. Source: county tax records.