202 Fairy Ave · Hueytown, AL 35023

$127,500

3 bd · 1.0 ba · 1,238 sqft · SingleFamily public records · 8 Days on market

Built 1953 7,405 sqft lot $103/sqft · 11% below area Est $143k · 11% 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 +19.9/30.0
• ARV discount +12.3/15.0
• DSCR +6.3/10.0
• 1% rule +4.7/10.0
• Appreciation +4.7/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

Check out this beautifully updated, low-maintenance home in the heart of Hueytown! This move-in ready property features fresh interior paint, new windows, gorgeous hardwood floors throughout, and tile flooring in the bathroom. The spacious living area offers plenty of natural light along with a cozy brick fireplace that adds warmth and character to the home. The kitchen provides ample cabinet space and a functional layout perfect for everyday living. Enjoy the large backyard with alley access, offering plenty of room for entertaining, pets, or future possibilities. Conveniently located just minutes from shopping, schools, restaurants, and interstate access. This home is a perfect opportunit

Key facts

• Spacious living area
• Updated home
• Tile flooring

Tags

• UPDATED HOME
• FRESH INTERIOR PAINT
• NEW WINDOWS
• HARDWOOD FLOORS
• TILE FLOORING
• SPACIOUS LIVING AREA

Property features AI

Finance

• Other: Parcel ID 30-00-29-2-018-014.000; Lot size approximately 0.17 acres; Subdivision: INDUSTRIAL CITY
• Financial info: Quarterly garbage fee ($75)

Exterior

• Parking: Driveway parking; Off-street parking; Parking on main level
• Utilities: Public water; Septic sewer; Electric water heater; Internet availability unknown
• Home design: Existing single-family residence; Crawl space foundation
• Construction: Siding (other) exterior; Crawl space foundation
• Exterior features: Front porch; No pool, patio, deck, or garden/patio; Not waterfront

Interior

• Kitchen: Laminate countertops; Refrigerator; Electric stove
• Bedrooms: Three bedrooms on the main level
• Flooring: Hardwood; Tile; Vinyl
• Bathrooms: One full bathroom with tub/shower combo (shared bath)
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; Masonry wood-burning fireplace in the living room; Has attic
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry closet on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $154 ($2k/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 $124k (3.0% below list).
• Recommended offer: $124k (3.0% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Hueytown Primary School (653 students, 64% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 72% FRL vs 49% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 251 active listings in the ZIP; 24 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).

Forward outlook

• In year one you build about $117 of equity ($882 loan paydown + $-765 appreciation (-0.6% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1953 — 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 $123,620 (3.0% below list)

Questions for the listing agent

1. Built in 1953 — 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: 0.97% ✗
• Cap rate: 7.75%
• Cash-on-cash: 5.19%
• DSCR: 1.23
• GRM: 8.6

CMA / ARV

• ARV (median comp): $142,596
• List price: $127,500
• Delta: -9.53%
• 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
133 Crystal Ave	0.24mi	3/1.0	1,214 (-2%)	1mo	$129,000	$106	85
114 Crystal Ave	0.23mi	3/1.0	1,204 (-3%)	1mo	$152,500	$127	84
111 Holly St	0.29mi	3/2.0	1,218 (-2%)	5mo	$167,500	$138	75
168 Mabelon Dr	0.37mi	3/2.0	1,271 (+3%)	2mo	$199,000	$157	73
153 24th St	0.55mi	3/2.0	1,236 (-0%)	3mo	$90,250	$73	68
108 Branch St	0.31mi	3/2.0	1,353 (+9%)	3mo	$125,000	$92	64
607 Fairlawn Cir	0.34mi	3/2.0	1,364 (+10%)	0mo	$230,000	$169	63
193 Mabelon Dr	0.36mi	3/1.5	1,100 (-11%)	1mo	$178,000	$162	62
105 Merrimont Dr	0.31mi	4/2.0 (+1)	1,380 (+12%)	5mo	$229,000	$166	53
121 Meadowood Ave	0.53mi	3/1.0	1,053 (-15%)	2mo	$155,670	$148	49
821 Overlook Cir	0.75mi	3/1.5	1,163 (-6%)	6mo	$80,000	$69	48
2911 Dwaine Ave	0.74mi	3/2.0	1,331 (+8%)	4mo	$215,000	$162	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $815
• Equity at exit: $33,243

10-year hold

• IRR: 5.6%
• Equity multiple: 1.54×
• Total profit: $19,268
• Equity at exit: $37,056

Cash invested: $35,700 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 251
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,236 high
• Mortgage (P&I): −$669
• Tax from tax record: −$100 /mo · $1,206/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $154

Break-even live

Break-even rent $1,041

Max offer price $127,500

Occupancy floor 83%

Sensitivity live

Price	-10% $227	-5% $190	+0% $154	+5% $118	+10% $82
Rent	-10% $57	-5% $106	+0% $154	+5% $203	+10% $252
Rate	-1.0pp $219	-0.5pp $187	base $154	+0.5pp $121	+1.0pp $88

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: $31,875
• Closing costs: $3,825
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
208 Kentwood Ave Bessemer, AL	3.0	1.0	1177	$1,075	$0.91	44d	1	0.38mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	24d	1	0.45mi
216 Meadowood Ave Bessemer, AL	3.0	1.0	1430	$1,250	$0.87	4d	1	0.55mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	12d	1	0.68mi
110 Ray Ave Apt 7 Hueytown, AL	2.0	2.0	900	$875	$0.97	4d	1	0.74mi
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	17d	1	0.76mi
123 Westbrook Rd Bessemer, AL	3.0	2.0	1427	$1,275	$0.89	45d	1	0.78mi
2020 High School Rd Unit C Bessemer, AL	2.0	1.0	733	$750	$1.02	15d	1	0.90mi
2822 Brooklane Dr Bessemer, AL	2.0	1.0	975	$1,000	$1.03	44d	1	0.91mi
2832 Clyburne St Bessemer, AL	3.0	2.0	1295	$1,650	$1.27	2d	1	0.95mi
116 Vail Ave Bessemer, AL	2.0	1.0	1008	$975	$0.97	20d	1	0.98mi
109 Oak Ave Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	4d	1	0.99mi
406 Forest Rd Bessemer, AL	3.0	2.0	1200	$1,175	$0.98	15d	1	1.06mi
1409 Hueytown Rd Apt 63 Bessemer, AL	2.0	1.0	876	$995	$1.14	44d	1	1.07mi
1409 Hueytown Rd Unit 76 Bessemer, AL	2.0	1.0	876	$995	$1.14	4d	1	1.07mi
116 Avalon Ave Bessemer, AL	4.0	1.0	1207	$1,200	$0.99	44d	1	1.11mi
2109 29th Ave N Bessemer, AL	4.0	2.0	1217	$1,323	$1.09	4d	1	1.21mi
107 Wheeler Dr Bessemer, AL	2.0	1.0	950	$950	$1.00	44d	1	1.27mi
102 Wheeler Dr Bessemer, AL	3.0	1.5	1200	$1,175	$0.98	44d	1	1.28mi
119 Wheeler Dr Bessemer, AL	3.0	2.0	1215	$1,300	$1.07	12d	1	1.30mi
1444 Hueytown Rd Unit B Hueytown, AL	2.0	1.0	725	$945	$1.30	24d	1	1.31mi
622 S Parkell Ave Bessemer, AL	3.0	1.0	963	$1,200	$1.25	44d	1	1.31mi
2423 Circle Dr Bessemer, AL	2.0	1.0	732	$1,050	$1.43	44d	1	1.39mi
216 Pine St Bessemer, AL	3.0	2.0	1000	$1,200	$1.20	44d	1	1.49mi

Listing history 10 events

1. 2026-06-18
   days on market $127,500 Active 8 DOM
2. 2026-06-17
   days on market $127,500 Active 7 DOM
3. 2026-06-16
   days on market $127,500 Active 6 DOM
4. 2026-06-15
   days on market $127,500 Active 5 DOM
5. 2026-06-13
   pricedays on marketlisting id $127,500 Active 3 DOM
6. 2026-06-03
   days on market $129,000 Active 124 DOM
7. 2026-06-02
   days on market $129,000 Active 123 DOM
8. 2026-06-01
   days on market $129,000 Active 122 DOM
9. 2026-05-31
   days on market $129,000 Active 121 DOM
10. 2026-01-30
    listed $129,000 Active 377-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: $1,206 · $100/mo
• Projected year-2 tax: $1,206 · $100/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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $14,834
• − Mortgage interest: −$7,142
• − Property taxes: −$1,206
• − Insurance: −$638
• − Repairs & maintenance: −$1,187
• − Management: −$1,187
• − Depreciation: −$3,709
• Taxable loss: −$233
• Est. tax savings @ 24.0%: +$56
• After-tax cash flow: $1,909/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% 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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

1 event — show timeline

• 2026-06-10 Listed $127,500 Greater Alabama MLS

Property tax history

+3.4%/yr

Latest (2025): $1,206 · +6.9% YoY. Source: county tax records.