136 W Ann Dr SW · Birmingham, AL 35211

$85,000

3 bd · 1.0 ba · 1,014 sqft · SingleFamily public records · 26 Days on market

Built 1949 6,969 sqft lot $84/sqft · 53% above area ↓ 30% since listing

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Fully updated and income-producing! This tenant-occupied property generates $1,227/month and has undergone a full cosmetic rehab, including updated flooring, paint, bathroom improvements, and additional interior enhancements. A strong addition to any rental portfolio with immediate cash flow. Available individually or as part of a multi-property portfolio.

Key facts

• Full cosmetic rehab
• Immediate cash flow
• Tenant occupied

Tags

• TENANT OCCUPIED
• INCOME PRODUCING
• FULL COSMETIC REHAB
• UPDATED FLOORING
• BATHROOM IMPROVEMENTS
• IMMEDIATE CASH FLOW

Property features AI

Finance

• Other: Parcel ID: 29-00-17-4-023-023.000; Lot size approximately 0.16 acres; Subdivision: POWDERLY HILLS
• Financial info: Has down payment assistance

Exterior

• Parking: Driveway parking
• Utilities: Public water; Connected sewer; Internet service availability unknown
• Home design: Single-family existing construction; Vinyl siding
• Construction: Crawl space foundation
• Exterior features: Not waterfront; No pool, patio, decks, or garden/patio listed; Lot view: None; Flood plain: Not in flood plain

Interior

• Kitchen: Laminate countertops; Gas oven and gas stove
• Bedrooms: 3 bedrooms, all on the main level
• Flooring: Hardwood and laminate flooring
• Bathrooms: 1 full bathroom with tub/shower combo
• Heating & cooling: Heat pump for heating and cooling
• Interior features: Ceilings: Other (see remarks); No built-in interior features listed
• Laundry & utility: Main-level laundry with washer hookup and electric dryer hookup; Water heater: Electric

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $386 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $84k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.7% vs local median 6.2% in Birmingham — 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 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-, crime F, employment 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.
• Zoned schools: Wenonah High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 656 students, 85% FRL) — zoned schools at 85% FRL track the district average.
• Market conditions: Rents soft (-0.0%/yr); 154 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 41% 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 $588 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 $24k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($84k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1949 — 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 $83,725 (1.5% below list)

Questions for the listing agent

1. Built in 1949 — 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. 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?
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: 1.40% ✓
• Cap rate: 11.75%
• Cash-on-cash: 19.48%
• DSCR: 1.87
• GRM: 6.0

CMA / ARV

• ARV (median comp): $55,435
• List price: $85,000
• Delta: 53.33%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
117 E SW Ann Dr	0.13mi	3/1.0	936 (-8%)	6mo	$65,000	$69	76
1657 19th Pl	0.38mi	3/1.0	1,074 (+6%)	3mo	$40,000	$37	70
1524 Elm St SW	0.57mi	3/1.0	960 (-5%)	1mo	$43,000	$45	64
2412 Lawn Ave SW	0.51mi	3/1.0	975 (-4%)	9mo	$60,000	$62	62
1641 17th Pl SW	0.66mi	3/1.0	1,010 (-0%)	8mo	$80,000	$79	62
1404 18th St SW	0.68mi	3/1.0	1,030 (+2%)	9mo	$45,000	$44	58
2436 Powderly Ave SW	0.65mi	2/1.0 (-1)	966 (-5%)	2mo	$32,500	$34	55
1625 Pine Ave	0.59mi	2/1.0 (-1)	1,062 (+5%)	7mo	$15,000	$14	54
1920 SW 15th Way	0.68mi	3/2.0	972 (-4%)	7mo	$97,000	$100	52
1513 20th Pl SW	0.40mi	4/1.0 (+1)	1,126 (+11%)	9mo	$79,000	$70	50
1525 Matt Leonard Dr SW	0.72mi	3/1.0	1,142 (+13%)	2mo	$99,500	$87	44
1324 19th St SW	0.73mi	2/2.0 (-1)	864 (-15%)	6mo	$83,500	$97	28

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: 8.1%
• Equity multiple: 1.31×
• Total profit: $7,341
• Equity at exit: $12,674

10-year hold

• IRR: 14.8%
• Equity multiple: 2.03×
• Total profit: $24,587
• Equity at exit: $7,349

Cash invested: $23,800 (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 35211

• Rents YoY: -0.0%
• Active inventory: 154
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,190 high
• Mortgage (P&I): −$446
• Tax from tax record: −$73 /mo · $871/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $386

Break-even live

Break-even rent $701

Max offer price $85,000

Occupancy floor 63%

Sensitivity live

Price	-10% $434	-5% $410	+0% $386	+5% $362	+10% $338
Rent	-10% $292	-5% $339	+0% $386	+5% $433	+10% $480
Rate	-1.0pp $429	-0.5pp $408	base $386	+0.5pp $364	+1.0pp $342

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1845 Henry Crumpton Dr Birmingham, AL	3.0	1.0	1000	$895	$0.90	5d	1	0.07mi
2005 Henry Crumpton Dr Birmingham, AL	4.0	2.0	1377	$1,300	$0.94	45d	1	0.12mi
224 E Ann Dr SW Birmingham, AL	3.0	1.0	1026	$1,050	$1.02	25d	1	0.18mi
2005 Snavely Ave SW Birmingham, AL	3.0	2.0	1380	$1,150	$0.83	45d	1	0.29mi
2432 Ishkooda Rd SW Birmingham, AL	3.0	1.0	1075	$1,150	$1.07	45d	1	0.36mi
1669 19th Pl SW Birmingham, AL	4.0	2.0	1373	$1,325	$0.97	25d	1	0.38mi
1544 18th St SW Birmingham, AL	3.0	1.0	950	$1,130	$1.19	45d	1	0.50mi
1537 18th St SW Birmingham, AL	3.0	1.0	1049	$1,130	$1.08	45d	1	0.52mi
2128 Mayfield Ave SW Birmingham, AL	3.0	1.0	1196	$1,200	$1.00	25d	1	0.54mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	13d	1	0.60mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	23d	1	0.60mi
2113 Rambow Ave SW Birmingham, AL	2.0	1.0	838	$1,250	$1.49	45d	1	0.64mi
2516 Powderly Ave SW Birmingham, AL	3.0	1.0	1236	$1,050	$0.85	45d	1	0.71mi
2709 Powderly Ave SW Birmingham, AL	3.0	2.0	1056	$950	$0.90	25d	1	0.77mi
1319 18th Way SW Birmingham, AL	4.0	2.0	1337	$1,345	$1.01	25d	1	0.81mi
1228 19th Pl SW Birmingham, AL	3.0	2.0	978	$1,195	$1.22	5d	1	0.82mi
1252 18th Pl SW Birmingham, AL	3.0	1.0	950	$1,000	$1.05	18d	1	0.86mi
1209 19th Pl SW Birmingham, AL	3.0	1.0	1050	$1,275	$1.21	45d	1	0.87mi
3000 Dawson Ave SW Birmingham, AL	3.0	1.0	1092	$925	$0.85	45d	1	0.94mi
2304 Beulah Ave SW Birmingham, AL	3.0	1.0	1283	$1,025	$0.80	4d	1	0.98mi
1838 31st St SW Birmingham, AL	3.0	2.0	1400	$1,223	$0.87	18d	1	0.99mi
2300 31st St SW Unit ENSLEY2316 A Birmingham, AL	2.0	1.0	750	$1,000	$1.33	5d	1	1.02mi
914 21st St SW Birmingham, AL	3.0	1.0	784	$1,200	$1.53	23d	1	1.15mi
2409 Garrison Ave SW Birmingham, AL	4.0	2.0	1000	$1,295	$1.29	45d	1	1.17mi
3116 Steiner Ave SW Birmingham, AL	3.0	1.0	1362	$1,200	$0.88	45d	1	1.20mi
709 30th St SW Birmingham, AL	3.0	1.0	1273	$1,000	$0.79	45d	1	1.26mi
407 S Park Rd SW Birmingham, AL	3.0	1.0	1050	$900	$0.86	45d	1	1.27mi
2904 Garrison Ave SW Birmingham, AL	4.0	2.0	952	$1,050	$1.10	25d	1	1.27mi
612 26th St SW Birmingham, AL	2.0	1.0	988	$825	$0.84	45d	1	1.28mi
2805 32nd Way SW Birmingham, AL	3.0	1.0	792	$900	$1.14	45d	1	1.29mi
2804 32nd Way SW Birmingham, AL	3.0	1.0	840	$900	$1.07	45d	1	1.31mi
3417 Park Ave SW Birmingham, AL	4.0	1.0	1402	$900	$0.64	45d	1	1.32mi
1000 17th Pl SW Birmingham, AL	3.0	2.0	1200	$1,275	$1.06	21d	1	1.32mi
1012 33rd St SW Birmingham, AL	1.0–2.0	1.0–2.0	800	$750	$0.94	5d	1	1.34mi
3332 Walnut Ave SW Birmingham, AL	3.0	1.0	1339	$750	$0.56	21d	1	1.34mi
3400 Walnut Ave SW Birmingham, AL	3.0	1.0	1133	$1,200	$1.06	45d	1	1.40mi
312 25th St SW Birmingham, AL	4.0	1.0	1159	$1,000	$0.86	25d	1	1.41mi
2519 Saint Charles Ave SW Birmingham, AL	2.0	1.0	990	$975	$0.98	46d	1	1.43mi
2216 Lee Ave SW Birmingham, AL	3.0	1.0	902	$900	$1.00	25d	1	1.44mi
1620 Alemeda Ave SW Birmingham, AL	3.0	2.0	1314	$1,295	$0.99	4d	1	1.46mi

Listing history 3 events

1. 2026-05-18
   status Pending 358-char remark
2. 2026-05-13
   price $85,000 358-char remark
3. 2026-04-23
   listed $120,600 Active 358-char remark

ⓘ 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: $871 · $73/mo
• Projected year-2 tax: $871 · $73/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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 19 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: $14,280
• − Mortgage interest: −$4,761
• − Property taxes: −$871
• − Insurance: −$425
• − Repairs & maintenance: −$1,142
• − Management: −$1,142
• − Depreciation: −$2,473
• Taxable income: $3,465
• Est. tax owed @ 24.0%: −$832
• After-tax cash flow: $3,804/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): 24,924
• Household income: $34,884
• Rent vs Own: 59.7% rent · 40.3% own
• Severe rent burden: 2161.0

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 (77%)
• Race & ethnicity: Black 77% White 10% Hispanic / Latino 10% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 8% French/Haitian/Cajun 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: ▼ -49.29%
• Current HPI: 91.2903
• Rent YoY: ▬ -0.01%
• 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

-29.5% since first listed

3 events — show timeline

• 2026-05-18 Pending — Greater Alabama MLS
• 2026-05-13 Price Changed $85,000 Greater Alabama MLS
• 2026-04-23 Listed $120,600 Greater Alabama MLS

Property tax history

+4.0%/yr

Latest (2025): $871 · +0.0% YoY. Source: county tax records.