143 Concord Highland Dr · Concord, AL 35023

$139,000

3 bd · 1.0 ba · 1,003 sqft · SingleFamily public records · 2 Days on market

Built 1956 0.61 ac lot Est $110k · 26% over

---

Why this score? — see what drove the D 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 +19.3/30.0
• DSCR +6.1/10.0
• Appreciation +4.7/10.0
• 1% rule +4.5/10.0
• Livability +3.1/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• ARV discount +0.0/15.0

Listing remarks

Welcome to 143 Concord Highland Drive! This charming 3-bedroom, 1-bath home sits on a generous 0.6-acre lot and features beautiful hardwood floors throughout. The kitchen is equipped with an electric stove and dishwasher. Downstairs, you'll find abundant storage space in the basement along with a 1-car garage. A spacious detached carport provides easy main-level parking. Enjoy the large yard and endless possibilities this property has to offer. Schedule your showing today!

Key facts

• Detached carport
• Dishwasher
• Large yard

Tags

• HARDWOOD FLOORS
• ELECTRIC STOVE
• DISHWASHER
• ABUNDANT STORAGE
• DETACHED CARPORT
• LARGE YARD

Property features AI

Finance

• Other: Lot size approximately 0.61 acres; Subdivision: Concord Highlands

Exterior

• Parking: Attached garage with front entry; Basement garage parking (1); Driveway parking; Multilevel parking; One carport space
• Utilities: Public water; Septic sewer; Gas water heater; Internet service available
• Home design: Existing single-family property; Basement foundation; Vinyl siding
• Construction: Vinyl siding construction; Basement foundation (concrete block)
• Exterior features: No pool, patio, deck, or garden/patio; Not waterfront; Flood plain: no; Lot view: none

Interior

• Kitchen: Laminate countertops; Electric cooktop; Built-in dishwasher; Electric oven/stove
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Hardwood
• Bathrooms: One full bathroom with separate shower (main level)
• Heating & cooling: Central heat; Central air conditioning
• Interior features: Hardwood floors; Ceilings: other (see remarks); Full unfinished basement (concrete block)
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on main level (other — see remarks for space)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $153 ($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 $132k (5.3% below list).
• Recommended offer: $132k (5.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#266 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety 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: Concord Elementary School (math 8% / reading 37%, grade F, #437 of 627 statewide, top 70%, 397 students, 70% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 74% FRL vs 49% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 251 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $127 of equity ($961 loan paydown + $-834 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 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y ago 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 $115k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,673 (5.3% below list)

Questions for the listing agent

1. Built in 1956 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.95% ✗
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $110,330
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1601 Crest Dr	0.36mi	3/1.0	1,000 (-0%)	16mo	$145,000	$145	70
180 Concord Highland Dr	0.12mi	2/1.0 (-1)	1,148 (+14%)	13mo	$126,000	$110	54
5854 Warrior River Rd	0.74mi	2/1.0 (-1)	1,064 (+6%)	19mo	$112,000	$105	35

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: -0.0%
• Equity multiple: 1.00×
• Total profit: $-33
• Equity at exit: $36,241

10-year hold

• IRR: 5.1%
• Equity multiple: 1.49×
• Total profit: $19,115
• Equity at exit: $40,398

Cash invested: $38,920 (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: 8.8×

Monthly cashflow live

• Estimated rent: $1,317 high
• Mortgage (P&I): −$729
• Tax from tax record: −$100 /mo · $1,201/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $153

Break-even live

Break-even rent $1,123

Max offer price $139,000

Occupancy floor 83%

Sensitivity live

Price	-10% $232	-5% $193	+0% $153	+5% $114	+10% $75
Rent	-10% $49	-5% $101	+0% $153	+5% $205	+10% $257
Rate	-1.0pp $223	-0.5pp $189	base $153	+0.5pp $117	+1.0pp $81

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6051 Willow Cir Bessemer, AL	3.0	2.0	1365	$1,398	$1.02	15d	1	1.21mi
3269 Allison Bonnett Memorial Dr Bessemer, AL	3.0	2.0	1306	$1,435	$1.10	15d	1	1.30mi
315 Pope Dr Bessemer, AL	3.0	2.0	1292	$1,225	$0.95	20d	1	1.33mi
105 Louis Ave Bessemer, AL	2.0	1.0	1073	$1,100	$1.03	45d	1	1.36mi
425 Oakwood Ave Bessemer, AL	2.0–3.0	2.0	1082	$800	$0.74	2d	2	1.39mi

Listing history 3 events

1. 2026-06-18
   days on market $139,000 Active 2 DOM
2. 2026-06-16
   remarks 477-char remark
3. 2026-06-16
   listed $139,000 Active 1 DOM

ⓘ 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: $1,201 · $100/mo
• Projected year-2 tax: $1,201 · $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 5/10 Major
• 🌡 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 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,801
• − Mortgage interest: −$7,786
• − Property taxes: −$1,201
• − Insurance: −$695
• − Repairs & maintenance: −$1,264
• − Management: −$1,264
• − Depreciation: −$4,044
• Taxable loss: −$454
• Est. tax savings @ 24.0%: +$109
• After-tax cash flow: $1,948/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 — Concord

• Score: 61/100
• State rank: #266
• US rank: #18252

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Concord, 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

+113.8% since first listed

5 events — show timeline

• 2026-06-16 Listed $139,000 Greater Alabama MLS
• 2024-07-24 Rental Removed $1,295 APPFOLIO
• 2024-06-21 Listed for Rent $1,295 APPFOLIO
• 2022-12-19 Sold (Public Records) $115,000 Public Records
• 2022-01-31 Sold (Public Records) $65,000 Public Records

Property tax history

+14.5%/yr

Latest (2025): $1,201 · +5.7% YoY. Source: county tax records.