316 Pine St · Birmingham, AL 35215

$89,900

3 bd · 1.0 ba · 1,232 sqft · SingleFamily public records · 3 Days on market

Built 1955 10,018 sqft lot Est $116k · 22% under

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Why this score? — see what drove the B 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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

First time buyer or Investment opportunity! This recently renovated 3 bed 1 bath home in the Roebuck area features over 1200 sq feet of living space. The home has nice sized bedrooms with great closet space, a spacious living room as well as a family den. The large, open kitchen features good countertop and cabinet space, updated appliances and eat in area. The home is situated on a level lot and includes exceptional storage off the carport. Affordable home for a first time buyer or great opportunity for rental.

Key facts

• Open floor plan
• Turn-key opportunity
• 2 hvacs

Tags

• TURN-KEY OPPORTUNITY
• ONE LEVEL LIVING
• OPEN FLOOR PLAN
• STAINLESS STEEL APPLIANCES
• 1 CAR CARPORT
• 2 HVACS

Property features AI

Finance

• Other: 0.23 acre lot; Located in the Cloverdale subdivision; Not in a flood plain

Exterior

• Parking: Detached garage; Driveway parking
• Utilities: Public water; Connected sewer; Electric water heater; Internet service available
• Home design: Existing construction
• Construction: Siding (other) exterior; Slab foundation
• Exterior features: Fenced yard; Open deck

Interior

• Kitchen: Solid surface countertops
• Bedrooms: Three bedrooms on the main level
• Flooring: Hardwood floors
• Bathrooms: One full bath with tub/shower combo
• Heating & cooling: Central heating; Central cooling; Split system cooling
• Interior features: French doors; Fireplace in the living room; Ceilings: other (see remarks)
• Laundry & utility: Laundry room on the main level; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $282 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Cap rate 10.9% vs local median 6.2% in Birmingham — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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-, crime F, employment 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.
• Zoned schools: Huffman High Schoolmagnet (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 1,147 students, 72% FRL).
• Market conditions: Rents rising (+3.0%/yr); 336 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 $622 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; 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 $89,900

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.39% ✓
• Cap rate: 10.95%
• Cash-on-cash: 16.63%
• DSCR: 1.74
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $115,808
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
204 Boxwood Cir	0.30mi	3/1.0	1,252 (+2%)	4mo	$70,000	$56	80
312 Pine St	0.01mi	3/1.0	1,080 (-12%)	1mo	$60,000	$56	78
252 Westwood Dr	0.10mi	3/1.5	1,124 (-9%)	6mo	$93,000	$83	74
405 Sunbrook Ave	0.18mi	3/1.5	1,120 (-9%)	2mo	$148,000	$132	73
9809 Maple Ln	0.42mi	3/1.0	1,192 (-3%)	3mo	$130,000	$109	72
216 Westwood Dr	0.19mi	3/1.0	1,384 (+12%)	0mo	$78,500	$57	70
408 Ford Way	0.20mi	3/1.0	1,074 (-13%)	2mo	$27,500	$26	67
321 Glynn Dr	0.21mi	3/1.5	1,401 (+14%)	1mo	$140,000	$100	64
328 Pat Ave	0.72mi	3/1.0	1,244 (+1%)	1mo	$93,500	$75	64
173 Redstone Way	0.61mi	3/2.0	1,182 (-4%)	2mo	$155,000	$131	60
321 Joan Ave	0.69mi	3/1.0	1,294 (+5%)	2mo	$121,000	$94	58
201 Carol Dr	0.70mi	3/1.0	1,096 (-11%)	2mo	$154,000	$141	47

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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: 3.6%
• Equity multiple: 1.14×
• Total profit: $3,535
• Equity at exit: $13,404

10-year hold

• IRR: 13.3%
• Equity multiple: 2.06×
• Total profit: $26,730
• Equity at exit: $7,773

Cash invested: $25,172 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 336
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,253 high
• Mortgage (P&I): −$471
• Tax from tax record: −$132 /mo · $1,585/yr
• Insurance: −$37
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $282

Break-even live

Break-even rent $895

Max offer price $89,900

Occupancy floor 72%

Sensitivity live

Price	-10% $333	-5% $308	+0% $282	+5% $257	+10% $231
Rent	-10% $183	-5% $233	+0% $282	+5% $332	+10% $381
Rate	-1.0pp $328	-0.5pp $305	base $282	+0.5pp $259	+1.0pp $235

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
316 Pine St Birmingham, AL	3.0	1.0	1232	$1,100	$0.89	45d	1	0.02mi
252 Meadowdale Ave Birmingham, AL	3.0	1.0	920	$995	$1.08	45d	1	0.03mi
252 Westwood Dr Birmingham, AL	3.0	1.5	1124	$1,400	$1.25	3d	1	0.12mi
209 Tucker Ave Birmingham, AL	3.0	1.0	1044	$1,100	$1.05	45d	1	0.19mi
204 McCormick Ave Birmingham, AL	3.0	1.0	880	$980	$1.11	5d	1	0.21mi
221 Lawson Rd Birmingham, AL	3.0	1.5	1102	$1,325	$1.20	25d	1	0.26mi
9844 Greenlee Rd Birmingham, AL	3.0	1.0	1046	$950	$0.91	45d	1	0.37mi
957 Hickory Cir Birmingham, AL	3.0	2.0	1364	$1,195	$0.88	5d	1	0.39mi
848 Old Trail Rd Birmingham, AL	2.0	1.5	930	$925	$0.99	25d	1	0.56mi
208 Sam Pate Dr Birmingham, AL	3.0	2.0	988	$1,385	$1.40	3d	1	0.56mi
426 Buckingham Cir Birmingham, AL	2.0	1.5	1080	$1,013	$0.94	45d	1	0.58mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	5d	1	0.71mi
201 Rose Dr Birmingham, AL	3.0	1.0	972	$1,100	$1.13	17d	1	0.74mi
46 Sunscape Dr Birmingham, AL	4.0	2.0	1178	$1,450	$1.23	45d	1	0.74mi
40 Sunscape Dr Birmingham, AL	3.0	2.0	1283	$1,555	$1.21	3d	1	0.76mi
628 Annie Laura Dr Birmingham, AL	3.0	1.0	844	$1,195	$1.42	45d	1	0.79mi
945 Elizabeth Dr Birmingham, AL	3.0	1.0	1227	$1,125	$0.92	5d	1	0.81mi
932 Five Mile Rd Birmingham, AL	3.0	1.5	1200	$1,175	$0.98	21d	1	0.84mi
216 Sanford Dr Birmingham, AL	3.0	1.5	1134	$1,200	$1.06	45d	1	0.89mi
529 Robison Dr Birmingham, AL	2.0	1.0	960	$960	$1.00	23d	1	0.93mi
217 Killough Dr Birmingham, AL	3.0	2.0	1212	$1,200	$0.99	16d	1	0.96mi
832 Meadowbrook Dr Birmingham, AL	3.0	2.0	1228	$1,225	$1.00	25d	1	0.98mi
912 Meadowbrook Dr Birmingham, AL	3.0	1.0	1178	$1,100	$0.93	45d	1	0.98mi
940 Meadowbrook Dr Birmingham, AL	4.0	1.0	1149	$1,300	$1.13	45d	1	1.00mi
818 Sunset Dr Birmingham, AL	3.0	1.0	992	$1,000	$1.01	45d	1	1.03mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	13d	1	1.20mi
603 Camp Ct Birmingham, AL	3.0	1.0	936	$1,300	$1.39	45d	1	1.23mi
520 Camellia Rd Birmingham, AL	3.0	1.0	1053	$1,100	$1.04	5d	1	1.29mi
433 Orchid Rd Birmingham, AL	3.0	1.0	1162	$1,255	$1.08	17d	1	1.35mi
8917 Roebuck Blvd Apt 11 Birmingham, AL	2.0	1.0	880	$725	$0.82	17d	1	1.39mi
726 Orchard Rd Birmingham, AL	3.0	1.0	1120	$1,095	$0.98	45d	1	1.40mi
9228 Brookhurst Dr Birmingham, AL	3.0	1.0	1146	$999	$0.87	45d	1	1.45mi
656 Valley Crest Dr Birmingham, AL	2.0	1.5	1088	$1,350	$1.24	3d	1	1.46mi

Listing history 3 events

1. 2026-06-21
   days on market $89,900 Active 3 DOM
2. 2026-06-19
   remarks 228-char remark
3. 2026-06-19
   listed $89,900 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: $1,585 · $132/mo
• Projected year-2 tax: $1,585 · $132/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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°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: $15,034
• − Mortgage interest: −$5,036
• − Property taxes: −$1,585
• − Insurance: −$1,247
• − Repairs & maintenance: −$1,203
• − Management: −$1,203
• − Depreciation: −$2,615
• Taxable income: $2,146
• Est. tax owed @ 24.0%: −$515
• After-tax cash flow: $2,873/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): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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 (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% 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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• 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

-0.1% since first listed

18 events — show timeline

• 2026-06-18 Listed $89,900 Greater Alabama MLS
• 2026-05-09 Rental Removed $1,100 BUILDIUM
• 2025-09-01 Listed for Rent $1,100 BUILDIUM
• 2025-09-01 Rental Removed $1,100 TENANTTURNER2
• 2025-07-17 Price Changed $1,100 TENANTTURNER2
• 2025-06-19 Listed for Rent $1,300 TENANTTURNER2
• 2025-04-15 Sold (Public Records) $106,000 Public Records
• 2025-03-28 Sold (MLS) $85,000 Greater Alabama MLS
• 2025-03-23 Contingent — Greater Alabama MLS
• 2025-02-28 Listed $90,000 Greater Alabama MLS
• 2025-02-22 Rental Removed $1,100 APPFOLIO
• 2025-02-21 Price Changed $1,100 APPFOLIO
• 2024-12-20 Listed for Rent $1,000 APPFOLIO
• 2024-11-10 Rental Removed $1,000 APPFOLIO
• 2024-11-01 Listed for Rent $1,000 APPFOLIO
• 2024-08-24 Rental Removed $890 APPFOLIO
• 2024-08-20 Listed for Rent $890 APPFOLIO
• 2019-12-10 Sold (Public Records) $90,000 Public Records

Property tax history

+5.7%/yr

Latest (2025): $1,585 · +0.0% YoY. Source: county tax records.