7216 4TH Avenue · Birmingham, AL 35206

$162,000

3 bd · 1.5 ba · 2,629 sqft · SingleFamily public records · 133 Days on market

Built 1950 8,276 sqft lot $62/sqft · at area comps Est $158k · at est.

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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 +15.7/30.0
• ARV discount +6.5/15.0
• DSCR +4.8/10.0
• Livability +3.4/5.0
• 1% rule +3.3/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This large and spacious home is ideal for a big family or for those who love to host and accommodate guests. The main floor features three well-sized bedrooms, each with its own closet and abundant natural light that beautifully brightens every room. A full bathroom is conveniently located on this level, along with a cozy living room highlighted by a charming fireplace. The kitchen is perfect for family gatherings—generous in size and fully equipped with a stove, microwave, and refrigerator. It includes a central island and a bright, well-lit dining area that creates a warm and inviting space for everyday living. The basement offers two additional bedrooms, a full bathroom with a shower, and a large open area ideal for personal use such as a home gym, playroom, or kids’ game area. The laundry room is also located on this level for added convenience. Parking available in the backyard.

Key facts

• Central island
• Cozy living room
• Charming fireplace

Tags

• COZY LIVING ROOM
• CHARMING FIREPLACE
• CENTRAL ISLAND
• BRIGHT DINING AREA
• LARGE OPEN AREA
• HOME GYM

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $162k.

Deal economics

• At list price, monthly cash flow is $71 ($856/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 $134k (17.2% below list).
• Recommended offer: $134k (17.2% below list) — sets the bar for 1% rule.

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 (+1.8%/yr); 130 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 38% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 133 days — a 12% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago; this cycle's ask has dropped $36k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $25k; list at $162k implies a 551% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — 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 $134,148 (17.2% below list)

Questions for the listing agent

1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — 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 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?
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: 0.83% ✗
• Cap rate: 6.82%
• Cash-on-cash: 1.89%
• DSCR: 1.08
• GRM: 10.1

CMA / ARV

• ARV (median comp): $158,441
• List price: $162,000
• Delta: 2.25%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7424 Naples Ave	0.51mi	3/2.0	2,624 (-0%)	18mo	$214,000	$82	59
7400 1st Ave S	0.28mi	3/2.0	2,359 (-10%)	22mo	$180,777	$77	49
222 73rd St N 73rd St	0.53mi	4/2.0 (+1)	2,989 (+14%)	14mo	$100,000	$33	34

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 · 1.82% rent growth · sell at horizon

5-year hold

• IRR: -14.5%
• Equity multiple: 0.49×
• Total profit: $-23,340
• Equity at exit: $24,155

10-year hold

• IRR: -7.7%
• Equity multiple: 0.54×
• Total profit: $-21,025
• Equity at exit: $14,007

Cash invested: $45,360 (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 35206

• Home prices YoY: -32.0%
• Rents YoY: 1.8%
• Active inventory: 130
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,341 medium
• Mortgage (P&I): −$850
• Tax from tax record: −$71 /mo · $856/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $71

Break-even live

Break-even rent $1,251

Max offer price $162,000

Occupancy floor 90%

Sensitivity live

Price	-10% $163	-5% $117	+0% $71	+5% $26	+10% $-20
Rent	-10% $-35	-5% $18	+0% $71	+5% $124	+10% $177
Rate	-1.0pp $153	-0.5pp $113	base $71	+0.5pp $29	+1.0pp $-13

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: $40,500
• Closing costs: $4,860
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
720 72nd St S Birmingham, AL	4.0	1.0	2560	$1,125	$0.44	4d	1	0.35mi
7112 Naples Ave Birmingham, AL	4.0	2.0	1858	$1,731	$0.93	45d	1	0.62mi
730 80th Pl S Birmingham, AL	4.0	1.0	2002	$1,350	$0.67	25d	1	1.02mi
7801 Vienna Ave Unit 1 Birmingham, AL	4.0	1.5	1880	$1,300	$0.69	45d	1	1.10mi

Listing history 24 events

1. 2026-06-21
   days on market $162,000 Active 133 DOM
2. 2026-06-18
   days on market $162,000 Active 130 DOM
3. 2026-06-17
   days on market $162,000 Active 129 DOM
4. 2026-06-16
   days on market $162,000 Active 128 DOM
5. 2026-06-15
   days on market $162,000 Active 127 DOM
6. 2026-06-13
   days on market $162,000 Active 125 DOM
7. 2026-06-10
   days on market $162,000 Active 122 DOM
8. 2026-06-09
   days on market $162,000 Active 121 DOM
9. 2026-06-08
   days on market $162,000 Active 120 DOM
10. 2026-06-07
    pricedays on market $162,000 Active 119 DOM
11. 2026-06-03
    days on market $170,000 Active 115 DOM
12. 2026-06-02
    days on market $170,000 Active 114 DOM
13. 2026-06-01
    days on market $170,000 Active 113 DOM
14. 2026-05-31
    days on market $170,000 Active 112 DOM
15. 2026-05-05
    status Active 908-char remark

    Show marketing remark (908 chars)

    This large and spacious home is ideal for a big family or for those who love to host and accommodate guests. The main floor features three well-sized bedrooms, each with its own closet and abundant natural light that beautifully brightens every room. A full bathroom is conveniently located on this level, along with a cozy living room highlighted by a charming fireplace. The kitchen is perfect for family gatherings—generous in size and fully equipped with a stove, microwave, and refrigerator. It includes a central island and a bright, well-lit dining area that creates a warm and inviting space for everyday living. The basement offers two additional bedrooms, a full bathroom with a shower, and a large open area ideal for personal use such as a home gym, playroom, or kids’ game area. The laundry room is also located on this level for added convenience. Parking available in the backyard.

16. 2026-05-04
    historical 908-char remark

    Show marketing remark (908 chars)

    This large and spacious home is ideal for a big family or for those who love to host and accommodate guests. The main floor features three well-sized bedrooms, each with its own closet and abundant natural light that beautifully brightens every room. A full bathroom is conveniently located on this level, along with a cozy living room highlighted by a charming fireplace. The kitchen is perfect for family gatherings—generous in size and fully equipped with a stove, microwave, and refrigerator. It includes a central island and a bright, well-lit dining area that creates a warm and inviting space for everyday living. The basement offers two additional bedrooms, a full bathroom with a shower, and a large open area ideal for personal use such as a home gym, playroom, or kids’ game area. The laundry room is also located on this level for added convenience. Parking available in the backyard.

17. 2026-03-20
    price $170,000 908-char remark

    Show marketing remark (908 chars)

    This large and spacious home is ideal for a big family or for those who love to host and accommodate guests. The main floor features three well-sized bedrooms, each with its own closet and abundant natural light that beautifully brightens every room. A full bathroom is conveniently located on this level, along with a cozy living room highlighted by a charming fireplace. The kitchen is perfect for family gatherings—generous in size and fully equipped with a stove, microwave, and refrigerator. It includes a central island and a bright, well-lit dining area that creates a warm and inviting space for everyday living. The basement offers two additional bedrooms, a full bathroom with a shower, and a large open area ideal for personal use such as a home gym, playroom, or kids’ game area. The laundry room is also located on this level for added convenience. Parking available in the backyard.

18. 2026-02-14
    price $188,000 908-char remark

    Show marketing remark (908 chars)

    This large and spacious home is ideal for a big family or for those who love to host and accommodate guests. The main floor features three well-sized bedrooms, each with its own closet and abundant natural light that beautifully brightens every room. A full bathroom is conveniently located on this level, along with a cozy living room highlighted by a charming fireplace. The kitchen is perfect for family gatherings—generous in size and fully equipped with a stove, microwave, and refrigerator. It includes a central island and a bright, well-lit dining area that creates a warm and inviting space for everyday living. The basement offers two additional bedrooms, a full bathroom with a shower, and a large open area ideal for personal use such as a home gym, playroom, or kids’ game area. The laundry room is also located on this level for added convenience. Parking available in the backyard.

19. 2026-02-06
    listed $198,000 Active 908-char remark

    Show marketing remark (908 chars)

    This large and spacious home is ideal for a big family or for those who love to host and accommodate guests. The main floor features three well-sized bedrooms, each with its own closet and abundant natural light that beautifully brightens every room. A full bathroom is conveniently located on this level, along with a cozy living room highlighted by a charming fireplace. The kitchen is perfect for family gatherings—generous in size and fully equipped with a stove, microwave, and refrigerator. It includes a central island and a bright, well-lit dining area that creates a warm and inviting space for everyday living. The basement offers two additional bedrooms, a full bathroom with a shower, and a large open area ideal for personal use such as a home gym, playroom, or kids’ game area. The laundry room is also located on this level for added convenience. Parking available in the backyard.

20. 2015-04-24
    soldstatus $24,900 313-char remark

    Show marketing remark (313 chars)

    Large four bedroom / two bath home located in a quiet neighborhood. Separate Living Room and Dining Room with hardwood floors, Eat-In Kitchen. Three nice size bedrooms main level and one basement bedroom with bath. A must see home, won't last long. Perfect for investor or owner/occupant fixer-upper. Great Value!

21. 2015-03-24
    historical 313-char remark

    Show marketing remark (313 chars)

    Large four bedroom / two bath home located in a quiet neighborhood. Separate Living Room and Dining Room with hardwood floors, Eat-In Kitchen. Three nice size bedrooms main level and one basement bedroom with bath. A must see home, won't last long. Perfect for investor or owner/occupant fixer-upper. Great Value!

22. 2015-02-23
    listed $24,900 313-char remark

    Show marketing remark (313 chars)

    Large four bedroom / two bath home located in a quiet neighborhood. Separate Living Room and Dining Room with hardwood floors, Eat-In Kitchen. Three nice size bedrooms main level and one basement bedroom with bath. A must see home, won't last long. Perfect for investor or owner/occupant fixer-upper. Great Value!

23. 2007-10-18
    soldstatus $57,800
24. 1976-09-01
    soldstatus $26,500

ⓘ 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: $856 · $71/mo
• Projected year-2 tax: $856 · $71/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 2/10 Low
• 🌡 Heat 6/10 Major 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 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,098
• − Mortgage interest: −$9,075
• − Property taxes: −$856
• − Insurance: −$810
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − Depreciation: −$4,713
• Taxable loss: −$1,931
• Est. tax savings @ 24.0%: +$464
• After-tax cash flow: $1,320/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): 15,621
• Household income: $42,549
• Rent vs Own: 51.1% rent · 48.9% own
• Severe rent burden: 1169.0

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 (73%)
• Race & ethnicity: Black 73% White 22% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 0%

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: ▼ -68.70%
• Current HPI: 146.2168
• Rent YoY: ▲ 1.82%
• 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

+541.5% since first listed

10 events — show timeline

• 2026-05-05 Relisted — Greater Alabama MLS
• 2026-05-04 Delisted — Greater Alabama MLS
• 2026-03-20 Price Changed $170,000 Greater Alabama MLS
• 2026-02-14 Price Changed $188,000 Greater Alabama MLS
• 2026-02-06 Listed $198,000 Greater Alabama MLS
• 2015-04-24 Sold (MLS) $24,900 Greater Alabama MLS
• 2015-03-24 Delisted — Greater Alabama MLS
• 2015-02-23 Listed $24,900 Greater Alabama MLS
• 2007-10-18 Sold (Public Records) $57,800 Public Records
• 1976-09-01 Sold (Public Records) $26,500 Public Records

Property tax history

+6.1%/yr

Latest (2025): $856 · +0.0% YoY. Source: county tax records.