1716 1st Pl S · Birmingham, AL 35205

$100,000

3 bd · 1.0 ba · 878 sqft · SingleFamily public records · 12 Days on market

Built 1939 Est $97k · at est.

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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 +7.5/10.0
• ARV discount +5.9/15.0
• Livability +3.4/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

2 bed 1 bath quiet neighborhood access I -65 freeway 2min & amp; 5 min from Downtown Birmingham

Key facts

• Built 1939
• Listed 12 days

Property features AI

Exterior

• Home design: Built in 1975
• Construction: Living area approximately 878
• Exterior features: Located in the South Titusville subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $382 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 10.9% 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-, schools F, crime 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.
• Market conditions: Rents rising (+2.6%/yr); 125 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 $691 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 + 2.6% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1939 — 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 $100,000

Questions for the listing agent

1. Built in 1939 — 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: 1.25% ✓
• Cap rate: 10.87%
• Cash-on-cash: 16.36%
• DSCR: 1.73
• GRM: 6.6

CMA / ARV

• ARV (on-the-fly): $96,580
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
52 17th Ct S	0.10mi	2/1.0 (-1)	864 (-2%)	4mo	$75,000	$87	84
40 20th Ave S	0.24mi	3/1.0	853 (-3%)	8mo	$92,500	$108	78
44 17th Ct S	0.13mi	2/1.0 (-1)	946 (+8%)	2mo	$49,000	$52	74
1717 Center Way S	0.15mi	2/1.5 (-1)	912 (+4%)	10mo	$125,000	$137	71
407 Green Springs Ave S	0.56mi	2/1.0 (-1)	866 (-1%)	2mo	$200,000	$231	65
1609 Center St S	0.29mi	2/1.0 (-1)	852 (-3%)	17mo	$38,900	$46	62
804 S Beta St	0.26mi	3/1.0	936 (+7%)	18mo	$56,500	$60	62
1601 Center St S	0.30mi	3/1.0	988 (+12%)	10mo	$106,000	$107	57
2021 Hollins Dr	0.37mi	3/1.0	956 (+9%)	17mo	$105,000	$110	54
506 S Alpha St	0.60mi	3/1.0	944 (+8%)	11mo	$115,900	$123	50
1401 Mccary St	0.72mi	3/1.0	888 (+1%)	19mo	$120,900	$136	48
2031 S Center St	0.49mi	2/1.0 (-1)	814 (-7%)	20mo	$98,000	$120	43

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 · 2.59% rent growth · sell at horizon

5-year hold

• IRR: 6.9%
• Equity multiple: 1.27×
• Total profit: $7,559
• Equity at exit: $14,910

10-year hold

• IRR: 15.9%
• Equity multiple: 2.27×
• Total profit: $35,660
• Equity at exit: $8,646

Cash invested: $28,000 (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 35205

• Rents YoY: 2.6%
• Active inventory: 125
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,255 high
• Mortgage (P&I): −$524
• Tax from tax record: −$43 /mo · $521/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $382

Break-even live

Break-even rent $771

Max offer price $100,000

Occupancy floor 65%

Sensitivity live

Price	-10% $438	-5% $410	+0% $382	+5% $353	+10% $325
Rent	-10% $283	-5% $332	+0% $382	+5% $431	+10% $481
Rate	-1.0pp $432	-0.5pp $407	base $382	+0.5pp $356	+1.0pp $329

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
741 Center Pl SW Birmingham, AL	3.0	1.0	1101	$1,250	$1.14	16d	1	0.33mi
407 Green Springs Ave S Birmingham, AL	2.0	1.0	866	$2,000	$2.31	2d	1	0.57mi
313 Beta St S Unit 317A Birmingham, AL	2.0	1.0	850	$799	$0.94	2d	1	0.58mi
310 Gamma St S Birmingham, AL	3.0	1.5	1001	$1,200	$1.20	16d	1	0.59mi
609 Idlewild Cir Apt B Birmingham, AL	2.0	1.0	705	$875	$1.24	4d	1	0.60mi
506 Alpha St S Birmingham, AL	3.0	1.0	944	$1,373	$1.45	44d	1	0.61mi
691 Idlewild Cir Birmingham, AL	2.0	2.0	777	$1,382	$1.78	4d	3	0.69mi
112 Kappa Ave S Birmingham, AL	3.0	2.0	1034	$1,100	$1.06	44d	1	0.71mi
261 3rd Ave SW Birmingham, AL	1.0–2.0	1.0	634	$850	$1.34	4d	14	0.74mi
2217-2249 Green Springs Hwy Unit 2249-E Birmingham, AL	2.0	1.0	900	$910	$1.01	44d	1	0.75mi
2217-2249 Green Springs Hwy Unit 2241-M Birmingham, AL	3.0	2.0	1100	$1,109	$1.01	22d	1	0.75mi
1101 10th Pl S Birmingham, AL	1.0–2.0	1.0–2.0	986	$1,825	$1.85	4d	11	0.87mi
1010 Beacon Pkwy E Birmingham, AL	1.0–2.0	1.0–2.0	945	$2,275	$2.41	2d	18	0.88mi
1229 Beacon Pkwy E Birmingham, AL	1.0–3.0	1.0–2.0	1130	$1,200	$1.06	4d	16	0.96mi
1639 11th Pl S Apt D Birmingham, AL	2.0	1.0	845	$895	$1.06	12d	1	0.98mi
1639 11th Pl S Unit K Birmingham, AL	2.0	1.0	845	$875	$1.04	12d	1	0.98mi
1131 16th Ave S Unit A Birmingham, AL	2.0	1.0	900	$1,215	$1.35	3d	1	0.98mi
1413 11th Pl S Birmingham, AL	2.0	1.0	829	$1,282	$1.55	44d	4	0.99mi
1144 16th Ave S Birmingham, AL	1.0–2.0	1.0–1.5	720	$1,119	$1.55	4d	6	1.03mi
925 Beacon Pkwy E Birmingham, AL	1.0–3.0	1.0–2.0	1259	$1,199	$0.95	44d	1	1.04mi
834 Golden Gate Ln Birmingham, AL	1.0–3.0	1.0–2.0	1050	$1,450	$1.38	44d	12	1.06mi
834 Golden Gate Ln Birmingham, AL	1.0–3.0	1.0–2.0	1050	$1,400	$1.33	2d	13	1.06mi
1165 14th Ave S Birmingham, AL	2.0	1.0	685	$1,178	$1.72	4d	1	1.08mi
1165 14th Ave S Unit 1165-3 Birmingham, AL	2.0	1.0	685	$1,097	$1.60	44d	1	1.08mi
1644 12th St S Birmingham, AL	1.0–2.0	1.0	674	$1,222	$1.81	2d	2	1.08mi
1640 12th St S Unit 1640-J Birmingham, AL	2.0	1.0	760	$1,070	$1.41	22d	1	1.08mi
840 Beacon Pkwy E Unit C Birmingham, AL	2.0	1.0	925	$1,200	$1.30	44d	1	1.14mi
401 Skyview Dr Birmingham, AL	2.0	1.0	864	$950	$1.10	44d	1	1.14mi
915 Valley Ridge Dr Birmingham, AL	1.0–3.0	1.0–2.5	1087	$1,660	$1.53	2d	34	1.15mi
513 Valley Ave Birmingham, AL	3.0	1.0–2.0	1012	$1,400	$1.38	44d	1	1.20mi
1322 15th Ave S Unit 1328-A Birmingham, AL	2.0	1.0	756	$1,135	$1.50	16d	1	1.27mi
1322 15th Ave S Unit 1330-D Birmingham, AL	2.0	1.0	756	$1,128	$1.49	22d	1	1.27mi
1322 15th Ave S Unit 1326-F Birmingham, AL	2.0	1.0	756	$1,134	$1.50	16d	1	1.27mi
1322 15th Ave S Birmingham, AL	2.0	1.0	582	$1,297	$2.23	4d	4	1.27mi
1332 14th Ave S Birmingham, AL	2.0	1.5	892	$1,075	$1.21	24d	2	1.29mi
1340 18th Ave S Apt C2 Birmingham, AL	2.0	1.0	750	$850	$1.13	44d	1	1.30mi
316 Beacon Crest Ln Birmingham, AL	1.0–2.0	1.0	850	$1,099	$1.29	2d	7	1.33mi
1404 17th Ave S Unit 2 Birmingham, AL	2.0	1.0	900	$1,160	$1.29	44d	1	1.34mi
413 Fulton Ave SW Birmingham, AL	3.0	1.0	940	$525	$0.56	3d	1	1.35mi
1409 14th St S Birmingham, AL	2.0	1.0	940	$1,257	$1.34	15d	1	1.35mi

Listing history 14 events

1. 2026-06-18
   days on market $100,000 Active 12 DOM
2. 2026-06-17
   days on market $100,000 Active 11 DOM
3. 2026-06-16
   days on market $100,000 Active 10 DOM
4. 2026-06-15
   days on market $100,000 Active 9 DOM
5. 2026-06-13
   days on market $100,000 Active 7 DOM
6. 2026-06-10
   days on market $100,000 Active 4 DOM
7. 2026-06-09
   days on market $100,000 Active 3 DOM
8. 2026-06-08
   days on market $100,000 Active 2 DOM
9. 2026-06-07
   days on marketlisting id $100,000 Active 1 DOM
10. 2026-06-03
    days on market $100,000 Active 7 DOM
11. 2026-06-02
    days on market $100,000 Active 6 DOM
12. 2026-06-01
    days on market $100,000 Active 5 DOM
13. 2026-05-31
    days on market $100,000 Active 4 DOM
14. 2026-05-28
    listed $100,000 Active

ⓘ 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: $521 · $43/mo
• Projected year-2 tax: $521 · $43/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 7/10 Severe 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 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,055
• − Mortgage interest: −$5,602
• − Property taxes: −$521
• − Insurance: −$500
• − Repairs & maintenance: −$1,204
• − Management: −$1,204
• − Depreciation: −$2,909
• Taxable income: $3,115
• Est. tax owed @ 24.0%: −$748
• After-tax cash flow: $3,833/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): 18,858
• Household income: $51,158
• Rent vs Own: 67.2% rent · 32.8% own
• Severe rent burden: 1468.0

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 60% Black 26% Hispanic / Latino 5% Asian 5% Two or more races 4%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 3% Italian 2% Serbian 2%
• Foreign-born: 9% · Canada, China, Vietnam
• Languages at home: 90% English-only · Spanish 4% Other Indo-European 2% Chinese 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: ▼ -199.42%
• Current HPI: 291.38
• Rent YoY: ▲ 2.59%
• 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

• 2026-05-28 Listed $100,000 FSBO.com

Property tax history

+12.5%/yr

Latest (2025): $521 · +6.8% YoY. Source: county tax records.