5610 Avenue H · Fairfield, AL 35064

$105,000

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 67 Days on market

Built 1940 5,227 sqft lot $125/sqft · 91% above area

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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 +20.9/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming 2-bedroom, 1-bathroom open-concept home has been thoughtfully updated and is move-in ready. Recent upgrades include all-new plumbing, a brand-new HVAC system, fresh interior paint, a new roof, and stylish new flooring throughout. The home also features a newly built deck perfect for relaxing or entertaining along with updated cabinets and new siding that enhance both functionality and curb appeal. Seller to credit buyer $3,000 at closing for allowable closing costs, making this an excellent opportunity for buyers seeking value and modern updates. Buyer’s agent to verify and investigate any items of importance.

Key facts

• Open-concept home
• Updated cabinets
• New siding

Tags

• OPEN-CONCEPT HOME
• NEWLY BUILT DECK
• UPDATED CABINETS
• NEW SIDING
• NEW ROOF
• NEW HVAC SYSTEM

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $147 ($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 $101k (4.1% below list).
• Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 10.2% in Fairfield — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 64/100 on livability (#160 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, schools F, amenities F.
• Fairfield City (suburban): math 2% / reading 15% proficiency, ranked #125 of 129 in AL (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 52 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% 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

• Local home prices are declining (-3.0%/yr); year-one equity from $726 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.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $45k; list at $105k implies a 133% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — 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 $98,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.96% ✗
• Cap rate: 7.97%
• Cash-on-cash: 5.98%
• DSCR: 1.27
• GRM: 8.7

CMA / ARV

• ARV (median comp): $54,892
• List price: $105,000
• Delta: 91.28%
• 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
4944 Court G	0.26mi	2/1.0	869 (+4%)	1mo	$21,000	$24	81
5704 Myron Massey Blvd	0.10mi	2/1.0	894 (+6%)	5mo	$35,000	$39	81
1100 Pineview Rd	0.64mi	2/1.0	842 (+0%)	6mo	$106,000	$126	65
5321 Avenue K	0.45mi	2/1.0	792 (-6%)	8mo	$30,100	$38	63
1272 Pineview Rd	0.62mi	2/1.0	816 (-3%)	9mo	$60,000	$74	59
721 51st St	0.24mi	2/1.0	962 (+14%)	7mo	$67,000	$70	59
5800 Court	0.72mi	2/1.0	860 (+2%)	6mo	$83,700	$97	57
5501 Avenue L	0.48mi	2/1.0	886 (+6%)	15mo	$45,000	$51	56
4813 Terrace M	0.73mi	2/1.0	842 (+0%)	12mo	$80,000	$95	56
940 47th St	0.58mi	3/1.0 (+1)	916 (+9%)	5mo	$49,000	$53	49
129 61st St	0.67mi	2/1.0	756 (-10%)	12mo	$19,000	$25	42
4716 Court M	0.70mi	3/1.0 (+1)	932 (+11%)	18mo	$79,500	$85	29

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.1%
• Equity multiple: 0.74×
• Total profit: $-7,709
• Equity at exit: $15,656

10-year hold

• IRR: 2.5%
• Equity multiple: 1.18×
• Total profit: $5,181
• Equity at exit: $9,078

Cash invested: $29,400 (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 35064

• Home prices YoY: -28.8%
• Active inventory: 52
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,007 high
• Mortgage (P&I): −$551
• Tax from tax record: −$55 /mo · $654/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$211
• Net cashflow: $147

Break-even live

Break-even rent $821

Max offer price $105,000

Occupancy floor 80%

Sensitivity live

Price	-10% $206	-5% $176	+0% $147	+5% $117	+10% $87
Rent	-10% $67	-5% $107	+0% $147	+5% $186	+10% $226
Rate	-1.0pp $199	-0.5pp $173	base $147	+0.5pp $119	+1.0pp $92

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5503 Myron Massey Blvd Fairfield, AL	3.0	2.0	1119	$1,200	$1.07	44d	1	0.12mi
5712 Monte Sano Rd Birmingham, AL	2.0	1.0	700	$900	$1.29	44d	1	0.22mi
1045 57th St Birmingham, AL	1.0	1.0	700	$775	$1.11	44d	1	0.31mi
5710 Monte Sano Dr Birmingham, AL	2.0	1.0	700	$950	$1.36	44d	1	0.35mi
410 54th St Fairfield, AL	2.0	1.0	1068	$700	$0.66	3d	1	0.51mi
920 47th Street Ensley Birmingham, AL	3.0	1.0	1070	$895	$0.84	4d	1	0.53mi
813 46th St Fairfield, AL	2.0	1.0	1100	$825	$0.75	11d	1	0.54mi
5714 Court M Unit 5720 Birmingham, AL	1.0	1.0	600	$700	$1.17	44d	1	0.54mi
621 Valley Rd Fairfield, AL	2.0	1.0	935	$900	$0.96	44d	1	0.72mi
1340 Pineview Rd Birmingham, AL	3.0	2.0	1116	$1,075	$0.96	44d	1	0.73mi
1272 Meadow Ln Birmingham, AL	2.0	1.0	744	$800	$1.08	44d	1	0.73mi
125 Jerry Coleman St Fairfield, AL	2.0	1.0	715	$725	$1.01	44d	1	0.75mi
1309 41st St Fairfield, AL	3.0	1.0	1070	$1,200	$1.12	44d	1	0.78mi
5717 Avenue O Unit O Birmingham, AL	3.0	2.0	1029	$1,250	$1.21	44d	1	0.79mi
5725 Avenue O Unit O Birmingham, AL	3.0	1.0	957	$1,073	$1.12	24d	1	0.79mi
931 41st Street Ensley Birmingham, AL	2.0	1.5	1048	$995	$0.95	4d	1	0.80mi
1429 47th Street Ensley Unit ENSLEY Birmingham, AL	2.0	1.0	768	$750	$0.98	44d	1	0.84mi
5516 Avenue P Birmingham, AL	2.0	1.0	888	$1,000	$1.13	44d	1	0.87mi
340 McPherson Ave Birmingham, AL	2.0	1.0	924	$910	$0.98	44d	1	0.98mi
336 McPherson Ave Birmingham, AL	3.0	1.0	1094	$1,100	$1.01	24d	1	0.99mi
708 40th St Fairfield, AL	2.0	1.0	788	$650	$0.82	44d	1	1.00mi
1317 Woodward Rd Birmingham, AL	2.0	1.0	672	$800	$1.19	2d	1	1.01mi
1417 Brighton Rd Birmingham, AL	3.0	2.0	1048	$1,200	$1.15	44d	1	1.03mi
518 41st St Fairfield, AL	3.0	2.0	1095	$1,200	$1.10	44d	1	1.04mi
5832 Court Q Birmingham, AL	3.0	1.0	912	$950	$1.04	45d	1	1.06mi
5820 Court Q Birmingham, AL	3.0	1.0	902	$1,200	$1.33	44d	1	1.07mi
1112 S Gale Dr Birmingham, AL	3.0	1.5	1053	$1,175	$1.12	44d	1	1.07mi
5219 Court Q Birmingham, AL	3.0	2.0	1082	$1,200	$1.11	19d	1	1.09mi
1604 44th Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1100	$1,200	$1.09	24d	1	1.11mi
1376 Creel Ct Birmingham, AL	3.0	1.0	1008	$1,000	$0.99	44d	1	1.11mi
5320 Ter Q Unit Q Birmingham, AL	3.0	2.0	1116	$1,250	$1.12	44d	1	1.12mi
5211 Ter Q Unit Q Birmingham, AL	2.0	1.0	756	$775	$1.03	44d	1	1.15mi
1429 Warrior Rd Birmingham, AL	3.0	1.0	1036	$850	$0.82	16d	1	1.15mi
1420 Warrior Rd Birmingham, AL	3.0	1.0	1061	$1,050	$0.99	44d	1	1.17mi
1306 35th Street Ensley Birmingham, AL	3.0	2.0	1100	$1,173	$1.07	4d	1	1.17mi
1540 42nd Street Ensley Unit ENSLEY Birmingham, AL	2.0	1.0	899	$1,037	$1.15	44d	1	1.17mi
1012 33rd St SW Birmingham, AL	1.0–2.0	1.0–2.0	800	$750	$0.94	3d	1	1.17mi
1520 41st Street Ensley Birmingham, AL	3.0	2.0	1068	$1,195	$1.12	44d	1	1.18mi
1781 51st Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.5	1069	$950	$0.89	44d	1	1.23mi
1417 34th Street Ensley Birmingham, AL	3.0	1.0	1103	$1,025	$0.93	44d	1	1.25mi

Listing history 16 events

1. 2026-06-18
   days on market $105,000 Active 67 DOM
2. 2026-06-17
   days on market $105,000 Active 66 DOM
3. 2026-06-16
   days on market $105,000 Active 65 DOM
4. 2026-06-15
   days on market $105,000 Active 64 DOM
5. 2026-06-13
   days on market $105,000 Active 62 DOM
6. 2026-06-10
   days on market $105,000 Active 59 DOM
7. 2026-06-09
   days on market $105,000 Active 58 DOM
8. 2026-06-08
   days on market $105,000 Active 57 DOM
9. 2026-06-07
   days on market $105,000 Active 56 DOM
10. 2026-06-03
    days on market $105,000 Active 52 DOM
11. 2026-06-02
    days on market $105,000 Active 51 DOM
12. 2026-06-01
    days on market $105,000 Active 50 DOM
13. 2026-05-31
    days on market $105,000 Active 49 DOM
14. 2026-04-04
    listed $105,000 Active 637-char remark

    Show marketing remark (637 chars)

    This charming 2-bedroom, 1-bathroom open-concept home has been thoughtfully updated and is move-in ready. Recent upgrades include all-new plumbing, a brand-new HVAC system, fresh interior paint, a new roof, and stylish new flooring throughout. The home also features a newly built deck perfect for relaxing or entertaining along with updated cabinets and new siding that enhance both functionality and curb appeal. Seller to credit buyer $3,000 at closing for allowable closing costs, making this an excellent opportunity for buyers seeking value and modern updates. Buyer’s agent to verify and investigate any items of importance.

15. 2025-05-14
    soldstatus $45,000
16. 2025-04-21
    soldstatus $45,000

ⓘ 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: $654 · $55/mo
• Projected year-2 tax: $654 · $55/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 ≥108°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: $12,084
• − Mortgage interest: −$5,882
• − Property taxes: −$654
• − Insurance: −$525
• − Repairs & maintenance: −$967
• − Management: −$967
• − Depreciation: −$3,055
• Taxable income: $35
• Est. tax owed @ 24.0%: −$8
• After-tax cash flow: $1,751/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: Fairfield City
• NCES district ID: 0101440
• Math proficiency: 2% ▼ -18.00%
• Reading proficiency: 15% ▼ -4.00%
• Median HH income: $35,288
• Composite: 6.92/100
• National rank: #9974
• State rank: #125 of 129 in AL

Livability — Fairfield

• Score: 64/100
• State rank: #160
• US rank: #14390

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fairfield, AL
• County: Jefferson County · 527,445 people
• City population: 9,872
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 9,872
• Household income: $48,692
• Rent vs Own: 40.5% rent · 59.5% own
• Severe rent burden: 784.0

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 (91%)
• Race & ethnicity: Black 91% White 7% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 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: ▼ -50.47%
• Current HPI: 124.7012
• Rent YoY: —
• 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

+133.3% since first listed

3 events — show timeline

• 2026-04-04 Listed $105,000 Greater Alabama MLS
• 2025-05-14 Sold (Public Records) $45,000 Public Records
• 2025-04-21 Sold (Public Records) $45,000 Public Records

Property tax history

+2.1%/yr

Latest (2025): $654 · -1.6% YoY. Source: county tax records.