115 Foust Ave · Hueytown, AL 35023

$129,500

3 bd · 1.0 ba · 1,204 sqft · SingleFamily public records · 55 Days on market

Built 1930 0.36 ac lot $108/sqft · 20% below area Est $161k · 20% 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 +16.4/30.0
• ARV discount +15.0/15.0
• DSCR +5.1/10.0
• Appreciation +4.7/10.0
• 1% rule +4.0/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

Welcome to 115 Foust Avenue! A charming 3-bedroom, 1.5-bath home that blends comfort and style. A welcoming covered front porch sets the tone as you step inside to find fresh paint and beautiful hardwood-style laminate flooring throughout. The kitchen offers plenty of cabinet space, making it as functional as it is inviting. Don’t miss your chance to see this lovely home. Schedule your showing today!

Key facts

• 0.36 acre lot
• Built 1930
• Listed 55 days

Property features AI

Finance

• Other: Parcel ID 30-00-30-2-007-004.000; Lot size approximately 0.36 acres; Driving directions available
• Financial info: Has down payment assistance
• HOA & community: No association fees

Exterior

• Parking: Driveway parking
• Utilities: Public water; Connected sewer; Electric water heater; Internet service available
• Home design: Single-family existing construction; Vinyl siding; Basement foundation
• Construction: Vinyl siding construction; Basement foundation
• Exterior features: No pool, patio, deck, or garden noted; Not waterfront; Public road access

Interior

• Kitchen: Dishwasher (built-in); Refrigerator; Electric stove
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Hardwood laminate
• Bathrooms: One full bathroom; One half bathroom; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Hardwood laminate floors; Stone kitchen countertops; Ceilings: other (see remarks); Partial, unfinished concrete block basement
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $75 ($895/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 $117k (9.5% below list).
• Recommended offer: $117k (9.5% below list) — sets the bar for 1% rule.

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); 250 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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

• In year one you build about $118 of equity ($895 loan paydown + $-777 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

• It's been on market 55 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1930 — 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 $117,134 (9.5% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.90% ✗
• Cap rate: 6.98%
• Cash-on-cash: 2.47%
• DSCR: 1.11
• GRM: 9.2

CMA / ARV

• ARV (median comp): $161,230
• List price: $129,500
• Delta: -19.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
129 Foust Ave	0.11mi	3/1.0	1,263 (+5%)	1mo	$155,000	$123	86
120 Honeysuckle Rd	0.15mi	2/1.0 (-1)	1,243 (+3%)	1mo	$155,000	$125	82
107 Vines Ave	0.26mi	2/1.0 (-1)	1,188 (-1%)	2mo	$145,000	$122	80
118 Kennilworth Rd	0.30mi	3/1.5	1,212 (+1%)	8mo	$141,000	$116	76
100 Midway Dr	0.44mi	3/1.0	1,213 (+1%)	6mo	$136,000	$112	73
1218 Bunchie St	0.49mi	3/1.0	1,224 (+2%)	3mo	$154,000	$126	72
1440 Hueytown Rd	0.36mi	3/1.5	1,146 (-5%)	7mo	$159,000	$139	67
1212 Bunchie St	0.45mi	3/1.0	1,285 (+7%)	1mo	$159,900	$124	67
125 Honeysuckle Rd	0.16mi	3/2.0	1,356 (+13%)	5mo	$174,000	$128	63
2028 High School Rd	0.34mi	4/2.0 (+1)	1,285 (+7%)	4mo	$148,000	$115	61
119 Wheeler Dr	0.71mi	3/2.0	1,215 (+1%)	5mo	$80,500	$66	57
607 Fairlawn Cir	0.69mi	3/2.0	1,364 (+13%)	0mo	$230,000	$169	41

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: -2.6%
• Equity multiple: 0.88×
• Total profit: $-4,282
• Equity at exit: $33,764

10-year hold

• IRR: 2.6%
• Equity multiple: 1.24×
• Total profit: $8,880
• Equity at exit: $37,637

Cash invested: $36,260 (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: 250
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,171 high
• Mortgage (P&I): −$679
• Tax from tax record: −$118 /mo · $1,412/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $75

Break-even live

Break-even rent $1,077

Max offer price $129,500

Occupancy floor 89%

Sensitivity live

Price	-10% $148	-5% $111	+0% $75	+5% $38	+10% $1
Rent	-10% $-18	-5% $28	+0% $75	+5% $121	+10% $167
Rate	-1.0pp $140	-0.5pp $108	base $75	+0.5pp $41	+1.0pp $7

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: $32,375
• Closing costs: $3,885
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
116 Vail Ave Bessemer, AL	2.0	1.0	1008	$975	$0.97	19d	1	0.04mi
1409 Hueytown Rd Apt 63 Bessemer, AL	2.0	1.0	876	$995	$1.14	44d	1	0.22mi
1409 Hueytown Rd Unit 76 Bessemer, AL	2.0	1.0	876	$995	$1.14	3d	1	0.22mi
110 Ray Ave Apt 7 Hueytown, AL	2.0	2.0	900	$875	$0.97	3d	1	0.25mi
2020 High School Rd Unit C Bessemer, AL	2.0	1.0	733	$750	$1.02	15d	1	0.30mi
622 S Parkell Ave Bessemer, AL	3.0	1.0	963	$1,200	$1.25	44d	1	0.32mi
1444 Hueytown Rd Unit B Hueytown, AL	2.0	1.0	725	$945	$1.30	24d	1	0.41mi
123 Westbrook Rd Bessemer, AL	3.0	2.0	1427	$1,275	$0.89	45d	1	0.47mi
109 Oak Ave Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	3d	1	0.57mi
105 Louis Ave Bessemer, AL	2.0	1.0	1073	$1,100	$1.03	44d	1	0.65mi
107 Wheeler Dr Bessemer, AL	2.0	1.0	950	$950	$1.00	44d	1	0.67mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	12d	1	0.70mi
3269 Allison Bonnett Memorial Dr Bessemer, AL	3.0	2.0	1306	$1,435	$1.10	15d	1	0.71mi
119 Wheeler Dr Bessemer, AL	3.0	2.0	1215	$1,300	$1.07	12d	1	0.72mi
102 Wheeler Dr Bessemer, AL	3.0	1.5	1200	$1,175	$0.98	44d	1	0.72mi
315 Pope Dr Bessemer, AL	3.0	2.0	1292	$1,225	$0.95	19d	1	0.92mi
425 Oakwood Ave Bessemer, AL	2.0–3.0	2.0	1082	$800	$0.74	2d	2	0.93mi
208 Kentwood Ave Bessemer, AL	3.0	1.0	1177	$1,075	$0.91	44d	1	1.09mi
216 Meadowood Ave Bessemer, AL	3.0	1.0	1430	$1,250	$0.87	3d	1	1.17mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	24d	1	1.19mi
116 Avalon Ave Bessemer, AL	4.0	1.0	1207	$1,200	$0.99	44d	1	1.23mi
406 Forest Rd Bessemer, AL	3.0	2.0	1200	$1,175	$0.98	15d	1	1.39mi

Listing history 20 events

1. 2026-06-18
   days on market $129,500 Active 55 DOM
2. 2026-06-17
   days on market $129,500 Active 54 DOM
3. 2026-06-16
   days on market $129,500 Active 53 DOM
4. 2026-06-15
   days on market $129,500 Active 52 DOM
5. 2026-06-13
   days on market $129,500 Active 50 DOM
6. 2026-06-10
   days on market $129,500 Active 47 DOM
7. 2026-06-09
   days on market $129,500 Active 46 DOM
8. 2026-06-08
   days on market $129,500 Active 45 DOM
9. 2026-06-07
   days on market $129,500 Active 44 DOM
10. 2026-06-03
    days on market $129,500 Active 40 DOM
11. 2026-06-02
    days on market $129,500 Active 39 DOM
12. 2026-06-01
    days on market $129,500 Active 38 DOM
13. 2026-05-31
    days on market $129,500 Active 37 DOM
14. 2026-04-24
    listed $129,500 Active 409-char remark
15. 2025-06-23
    price $140,000
16. 2022-06-22
    price $1,195
17. 2022-01-20
    soldstatus $140,000
18. 2021-09-01
    soldstatus $140,000
19. 2021-06-04
    soldstatus $55,000
20. 2021-06-04
    soldstatus $67,500

ⓘ 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: $1,412 · $118/mo
• Projected year-2 tax: $1,412 · $118/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 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: $14,056
• − Mortgage interest: −$7,254
• − Property taxes: −$1,412
• − Insurance: −$648
• − Repairs & maintenance: −$1,124
• − Management: −$1,124
• − Depreciation: −$3,767
• Taxable loss: −$1,274
• Est. tax savings @ 24.0%: +$306
• After-tax cash flow: $1,201/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

+135.5% since first listed

7 events — show timeline

• 2026-04-24 Listed $129,500 Greater Alabama MLS
• 2025-06-23 Price Changed $140,000 Greater Alabama MLS
• 2022-06-22 Price Changed $1,195 RENT.
• 2022-01-20 Sold (Public Records) $140,000 Public Records
• 2021-09-01 Sold (Public Records) $140,000 Public Records
• 2021-06-04 Sold (Public Records) $67,500 Public Records
• 2021-06-04 Sold (Public Records) $55,000 Public Records

Property tax history

+3.8%/yr

Latest (2025): $1,412 · +2.1% YoY. Source: county tax records.