5703 Avenue O · Lipscomb, AL 35020

$75,000

2 bd · 1.0 ba · 936 sqft · SingleFamily public records · 708 Days on market

Built 1947 0.60 ac lot $80/sqft · 45% above area Est $62k · 22% over

---

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 +8.3/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Rent growth +1.7/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great start to your investment portfolio! This single family along with 4 others are available - turnkey rental properties, tenants in place and under management. Do not disturb tenants. Buyer to verify any and all information deemed necessary and important to buyer.

Key facts

• Tenants in place
• 0.6 acre lot
• 2 garage spots

Tags

• TURNKEY RENTAL PROPERTIES
• TENANTS IN PLACE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($997 rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#76 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, cost of living A+; Watch: schools F, amenities F, employment 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.
• Market conditions: Rents falling (-3.1%/yr); 115 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 34% of the median local income ($35k/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 $519 of loan paydown is wiped out by about $2k 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 + 0.0% rent growth), your $21k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 708 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 4y ago; this cycle's ask is 8008% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 33% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $66,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 708 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — 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. 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: 1.33% ✓
• Cap rate: 11.43%
• Cash-on-cash: 18.36%
• DSCR: 1.82
• GRM: 6.3

CMA / ARV

• ARV (median comp): $61,685
• List price: $75,000
• Delta: 21.59%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5906 5th St S	0.30mi	2/1.0	816 (-13%)	24mo	$60,000	$74	45

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 6.8%
• Equity multiple: 1.26×
• Total profit: $5,368
• Equity at exit: $11,183

10-year hold

• IRR: 13.5%
• Equity multiple: 1.94×
• Total profit: $19,659
• Equity at exit: $6,485

Cash invested: $21,000 (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 35020

• Home prices YoY: -24.2%
• Rents YoY: -3.1%
• Active inventory: 115
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $997 high
• Mortgage (P&I): −$393
• Tax from tax record: −$42 /mo · $503/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$209
• Net cashflow: $321

Break-even live

Break-even rent $590

Max offer price $75,000

Occupancy floor 63%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5703 Avenue O Unit O Bessemer, AL	2.0	1.0	936	$800	$0.85	44d	1	0.03mi
5906 5th St S Bessemer, AL	2.0	1.0	916	$900	$0.98	23d	1	0.28mi
5709 13th St S Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	44d	1	0.53mi
5704 14th St S Bessemer, AL	2.0	2.0	1024	$850	$0.83	16d	1	0.61mi
5107 5th St N Bessemer, AL	2.0	1.0	775	$950	$1.23	44d	1	0.78mi
6001 Ivy St Birmingham, AL	3.0	1.0	906	$950	$1.05	44d	1	0.87mi
3403 Arlington Ave Bessemer, AL	2.0	1.0	600	$900	$1.50	23d	1	0.98mi
520 Brewer Dr Bessemer, AL	3.0	1.0	1040	$1,100	$1.06	3d	1	0.99mi
546 Selma Rd Bessemer, AL	3.0	1.0	888	$900	$1.01	44d	1	1.03mi
101 Leaf Lake Blvd Apt 805 Birmingham, AL	1.0	1.0	854	$1,220	$1.43	16d	1	1.09mi
101 Leaf Lake Blvd Apt 813 Birmingham, AL	1.0	1.0	903	$1,330	$1.47	16d	1	1.09mi
101 Leaf Lake Blvd Apt 1004 Birmingham, AL	1.0	1.0	903	$1,330	$1.47	3d	1	1.09mi
101 Leaf Lake Blvd Apt 605 Birmingham, AL	1.0	1.0	854	$1,320	$1.55	3d	1	1.09mi
101 Leaf Lake Pkwy Birmingham, AL	1.0–2.0	1.0–2.0	1074	$1,570	$1.46	1d	25	1.23mi
830 Burwell St Birmingham, AL	3.0	1.5	1011	$1,200	$1.19	44d	1	1.42mi

Listing history 24 events

1. 2026-06-01
   days on market $75,000 Active 708 DOM
2. 2026-05-31
   days on market $75,000 Active 707 DOM
3. 2026-05-12
   price $75,000 268-char remark

   Show marketing remark (268 chars)

   Great start to your investment portfolio! This single family along with 4 others are available - turnkey rental properties, tenants in place and under management. Do not disturb tenants. Buyer to verify any and all information deemed necessary and important to buyer.

4. 2026-02-25
   historical $800
5. 2026-01-29
   price $800
6. 2025-10-04
   price $850
7. 2025-03-27
   listed $925
8. 2025-03-09
   historical $925
9. 2025-02-07
   listed $925
10. 2024-08-20
    status Active 268-char remark

    Show marketing remark (268 chars)

    Great start to your investment portfolio! This single family along with 4 others are available - turnkey rental properties, tenants in place and under management. Do not disturb tenants. Buyer to verify any and all information deemed necessary and important to buyer.

11. 2024-07-14
    historical Contingent 268-char remark

    Show marketing remark (268 chars)

    Great start to your investment portfolio! This single family along with 4 others are available - turnkey rental properties, tenants in place and under management. Do not disturb tenants. Buyer to verify any and all information deemed necessary and important to buyer.

12. 2024-06-23
    listed $80,000 Active 268-char remark

    Show marketing remark (268 chars)

    Great start to your investment portfolio! This single family along with 4 others are available - turnkey rental properties, tenants in place and under management. Do not disturb tenants. Buyer to verify any and all information deemed necessary and important to buyer.

13. 2023-11-29
    historical $775
14. 2023-11-11
    listed $775
15. 2023-08-03
    soldstatus $195,000
16. 2023-08-02
    soldstatus $48,750 Sold 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

17. 2023-07-28
    historical 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

18. 2023-05-25
    price $55,900 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

19. 2023-04-25
    status Active 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

20. 2023-03-28
    historical 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

21. 2022-08-12
    price $59,900 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

22. 2022-07-28
    price $64,900 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

23. 2022-07-27
    listed $59,900 Active 138-char remark

    Show marketing remark (138 chars)

    Great Investment opportunity! 2 Bedroom and 1 Bath home with 2 car garage. Sold with tenant in place. New tenant is paying $650 per month.

24. 2021-04-30
    soldstatus $975,000

ⓘ 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: $503 · $42/mo
• Projected year-2 tax: $503 · $42/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 33% 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: $11,966
• − Mortgage interest: −$4,201
• − Property taxes: −$503
• − Insurance: −$375
• − Repairs & maintenance: −$957
• − Management: −$957
• − Depreciation: −$2,182
• Taxable income: $2,790
• Est. tax owed @ 24.0%: −$670
• After-tax cash flow: $3,185/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 — Lipscomb

• Score: 67/100
• State rank: #76
• US rank: #10121

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lipscomb, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 24,892
• Household income: $35,362
• Rent vs Own: 40.6% rent · 59.4% own
• Severe rent burden: 1001.0

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 (74%)
• Race & ethnicity: Black 74% Hispanic / Latino 13% White 11% Two or more races 6%
• Hispanic origin (detail): Mexican 10%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 11%

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: ▼ -57.54%
• Current HPI: 179.7702
• Rent YoY: ▼ -3.12%
• 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

-92.3% since first listed

22 events — show timeline

• 2026-05-12 Price Changed $75,000 Greater Alabama MLS
• 2026-02-25 Rental Removed $800 APPFOLIO
• 2026-01-29 Price Changed $800 APPFOLIO
• 2025-10-04 Price Changed $850 APPFOLIO
• 2025-03-27 Listed for Rent $925 APPFOLIO
• 2025-03-09 Rental Removed $925 APPFOLIO
• 2025-02-07 Listed for Rent $925 APPFOLIO
• 2024-08-20 Relisted — Greater Alabama MLS
• 2024-07-14 Contingent — Greater Alabama MLS
• 2024-06-23 Listed $80,000 Greater Alabama MLS
• 2023-11-29 Rental Removed $775 APPFOLIO
• 2023-11-11 Listed for Rent $775 APPFOLIO
• 2023-08-03 Sold (Public Records) $195,000 Public Records
• 2023-08-02 Sold (MLS) $48,750 Greater Alabama MLS
• 2023-07-28 Delisted — Greater Alabama MLS
• 2023-05-25 Price Changed $55,900 Greater Alabama MLS
• 2023-04-25 Relisted — Greater Alabama MLS
• 2023-03-28 Delisted — Greater Alabama MLS
• 2022-08-12 Price Changed $59,900 Greater Alabama MLS
• 2022-07-28 Price Changed $64,900 Greater Alabama MLS
• 2022-07-27 Listed $59,900 Greater Alabama MLS
• 2021-04-30 Sold (Public Records) $975,000 Public Records

Property tax history

+1.3%/yr

Latest (2025): $503 · +0.0% YoY. Source: county tax records.