1130 16th St SW · Birmingham, AL 35211

$130,000

3 bd · 1.0 ba · 1,120 sqft · SingleFamily public records · 3 Days on market

Built 1945 4,356 sqft lot Est $97k · 33% over

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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 +20.4/30.0
• DSCR +6.5/10.0
• 1% rule +4.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see this 3 bedroom 1 bath home featuring living room, dining room, kitchen and laundry room. Diamond in the rough. This home has potential to be a cottage with arches and charming details - just bring your imagination. A great investment opportunity!

Key facts

• New plumbing
• New hvac
• New water heater

Tags

• NEW ELECTRICAL
• NEW PLUMBING
• NEW HVAC
• NEW WATER HEATER
• OPEN-CONCEPT LAYOUT

Property features AI

Finance

• Other: Lot is approximately 0.1 acre; Not in a flood plain
• HOA & community: No association fees

Exterior

• Parking: Driveway parking; Off-street parking; On-street parking; Uncovered parking
• Security: Security system
• Utilities: Public water; Connected sewer; Electric water heater; LED lighting (energy-efficient features); Internet service available (provider TBA)
• Home design: Existing single-family property; Crawl space foundation; Siding with Hardiplank exterior
• Construction: Hardiplank siding; Crawl space foundation
• Exterior features: Porch; Open deck; Sidewalks; Paved, public road access

Interior

• Kitchen: Stone countertops; Pantry; Refrigerator; Freezer; Some stainless appliances; Electric stove
• Bedrooms: Three bedrooms on the main level
• Flooring: Hardwood laminate; Tile flooring
• Bathrooms: One full bathroom; Garden tub and tub/shower combo; Shared bath layout
• Heating & cooling: Central electric heating; Central electric cooling
• Interior features: Smooth ceilings; Recessed lighting; Security system; Electric fireplace insert in the living room; Pantry; Walk-in attic
• Laundry & utility: Laundry on the main level; Washer hookup; Electric dryer hookup; Laundry located in a closet

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $168 ($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 $122k (6.0% below list).
• Recommended offer: $122k (6.0% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 6.2% in Birmingham — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Hemphill Elementary School (math 5% / reading 24%, grade F, #508 of 627 statewide, top 84%, 336 students, 87% FRL); Wenonah High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 656 students, 85% FRL) — zoned schools at 86% FRL track the district average.
• Market conditions: Rents soft (-0.0%/yr); 152 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 42% 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 $899 of loan paydown is wiped out by about $4k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $40k; list at $130k implies a 225% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1945 — 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 $122,199 (6.0% below list)

Questions for the listing agent

1. Built in 1945 — 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. 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?
5. 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?
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: 0.94% ✗
• Cap rate: 7.85%
• Cash-on-cash: 5.55%
• DSCR: 1.25
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $97,440
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1257 16th Pl SW	0.15mi	3/1.0	1,036 (-8%)	15mo	$40,000	$39	68
1744 Lincoln Pl SW	0.63mi	3/1.0	1,140 (+2%)	1mo	$99,000	$87	67
1245 15th St SW	0.29mi	3/1.0	1,002 (-10%)	6mo	$12,500	$12	64
600 Pride Way SW	0.54mi	3/1.0	1,191 (+6%)	6mo	$80,000	$67	60
700 18th Place Ln SW	0.68mi	3/2.0	1,152 (+3%)	3mo	$100,833	$88	57
1516 16th Way SW	0.50mi	3/1.0	1,038 (-7%)	9mo	$125,000	$120	57
1527 14th St	0.66mi	3/2.0	1,088 (-3%)	5mo	$105,000	$97	56
1651 Waco Ave SW	0.51mi	4/1.0 (+1)	1,153 (+3%)	12mo	$65,000	$56	56
704 18th Way Ln SW	0.73mi	3/2.0	1,128 (+1%)	13mo	$119,900	$106	50
540 Francis St SW	0.59mi	3/2.0	1,225 (+9%)	4mo	$82,500	$67	50
722 SW 18th Pl	0.63mi	3/1.0	1,204 (+8%)	12mo	$30,000	$25	48
1501 Princeton Ave SW	0.58mi	3/2.0	1,260 (+12%)	14mo	$129,900	$103	37

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: -10.8%
• Equity multiple: 0.62×
• Total profit: $-13,962
• Equity at exit: $19,383

10-year hold

• IRR: -6.0%
• Equity multiple: 0.66×
• Total profit: $-12,361
• Equity at exit: $11,240

Cash invested: $36,400 (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 35211

• Rents YoY: -0.0%
• Active inventory: 152
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,222 high
• Mortgage (P&I): −$682
• Tax from tax record: −$61 /mo · $732/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $168

Break-even live

Break-even rent $1,009

Max offer price $130,000

Occupancy floor 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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1620 Alemeda Ave SW Birmingham, AL	3.0	2.0	1314	$1,295	$0.99	2d	1	0.11mi
1233 15th Way SW Birmingham, AL	3.0	1.0	1119	$1,050	$0.94	43d	1	0.15mi
1136 15th St SW Birmingham, AL	4.0	2.0	1296	$1,395	$1.08	23d	1	0.17mi
1256 15th St SW Birmingham, AL	3.0	1.0	1206	$1,300	$1.08	3d	1	0.27mi
1332 15th Pl SW Birmingham, AL	2.0	1.0	1115	$950	$0.85	3d	1	0.31mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	870	$800	$0.92	43d	1	0.38mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	800	$800	$1.00	11d	1	0.38mi
916 14th St SW Unit A Birmingham, AL	2.0	1.0	870	$800	$0.92	23d	1	0.38mi
1000 17th Pl SW Birmingham, AL	3.0	2.0	1200	$1,275	$1.06	19d	1	0.38mi
1508 Dennison Ave SW Birmingham, AL	2.0	1.0	924	$890	$0.96	43d	1	0.42mi
1501 Princeton Ave SW Birmingham, AL	3.0	2.0	1260	$1,350	$1.07	44d	1	0.56mi
521 16th St SW Unit 523 Birmingham, AL	2.0	1.0	800	$800	$1.00	43d	1	0.57mi
1734 Lee Ave SW Birmingham, AL	4.0	1.0	1142	$1,150	$1.01	19d	1	0.58mi
1728 Princeton Ave SW Birmingham, AL	4.0	2.0	1334	$1,300	$0.97	43d	1	0.63mi
1816 Saint Charles Ave SW Birmingham, AL	3.0	1.0	1395	$1,295	$0.93	23d	1	0.74mi
1645 Woodland Ave SW Birmingham, AL	4.0	2.0	1298	$1,300	$1.00	19d	1	0.79mi
1100 Cotton Ave SW Unit b Birmingham, AL	2.0	1.5	816	$988	$1.21	43d	1	0.79mi
1217 Fulton Ave SW Birmingham, AL	4.0	2.0	1397	$1,395	$1.00	43d	1	0.80mi
1228 Fulton Ave SW Birmingham, AL	2.0	1.0	900	$800	$0.89	44d	1	0.81mi
1437 Woodland Ave SW Birmingham, AL	3.0	1.0	1369	$1,100	$0.80	3d	1	0.82mi
1252 18th Pl SW Birmingham, AL	3.0	1.0	950	$1,000	$1.05	16d	1	0.84mi
1012 Cotton Ave SW Birmingham, AL	3.0	1.0	1232	$1,000	$0.81	43d	1	0.84mi
1800 Woodland Ave SW Birmingham, AL	4.0	1.0	1411	$1,195	$0.85	2d	1	0.85mi
1220 Alabama Ave SW Birmingham, AL	3.0	1.5	1175	$1,350	$1.15	43d	1	0.89mi
1319 18th Way SW Birmingham, AL	4.0	2.0	1337	$1,345	$1.01	23d	1	0.90mi
132 17th St SW Birmingham, AL	2.0	1.0	738	$945	$1.28	43d	1	0.92mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	11d	1	0.93mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	21d	1	0.93mi
914 21st St SW Birmingham, AL	3.0	1.0	784	$1,200	$1.53	21d	1	0.95mi
1209 19th Pl SW Birmingham, AL	3.0	1.0	1050	$1,275	$1.21	43d	1	0.98mi
405 11th St SW Unit B Birmingham, AL	2.0	1.0	1065	$800	$0.75	43d	1	0.98mi
2028 Lee Ter SW Birmingham, AL	2.0	1.0	884	$695	$0.79	43d	1	1.00mi
2026 Lee Ct SW Birmingham, AL	3.0	1.0	1204	$1,100	$0.91	43d	1	1.01mi
1228 19th Pl SW Birmingham, AL	3.0	2.0	978	$1,195	$1.22	3d	1	1.03mi
1537 18th St SW Birmingham, AL	3.0	1.0	1049	$1,130	$1.08	43d	1	1.03mi
1933 Saint Charles Ct SW Birmingham, AL	3.0	1.0	1106	$1,050	$0.95	23d	1	1.05mi
2216 Lee Ave SW Birmingham, AL	3.0	1.0	902	$900	$1.00	23d	1	1.06mi
1544 18th St SW Birmingham, AL	3.0	1.0	950	$1,130	$1.19	43d	1	1.06mi
208 22nd St SW Birmingham, AL	2.0	1.0	926	$1,050	$1.13	3d	1	1.09mi
407 S Park Rd SW Birmingham, AL	3.0	1.0	1050	$900	$0.86	43d	1	1.12mi

Listing history 4 events

1. 2026-06-18
   days on market $130,000 Coming Soon 3 DOM
2. 2026-06-17
   days on market $130,000 Coming Soon 2 DOM
3. 2026-06-16
   remarks 699-char remark
4. 2026-06-16
   listed $130,000 Coming Soon 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: $732 · $61/mo
• Projected year-2 tax: $732 · $61/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 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 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,664
• − Mortgage interest: −$7,282
• − Property taxes: −$732
• − Insurance: −$650
• − Repairs & maintenance: −$1,173
• − Management: −$1,173
• − Depreciation: −$3,782
• Taxable loss: −$128
• Est. tax savings @ 24.0%: +$31
• After-tax cash flow: $2,052/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): 24,924
• Household income: $34,884
• Rent vs Own: 59.7% rent · 40.3% own
• Severe rent burden: 2161.0

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 (77%)
• Race & ethnicity: Black 77% White 10% Hispanic / Latino 10% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 8% French/Haitian/Cajun 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: ▼ -49.29%
• Current HPI: 91.2903
• Rent YoY: ▬ -0.01%
• 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

+233.3% since first listed

7 events — show timeline

• 2026-06-16 Coming Soon $130,000 Greater Alabama MLS
• 2025-06-13 Price Changed $158,000 Greater Alabama MLS
• 2023-08-02 Sold (MLS) $40,000 Greater Alabama MLS
• 2023-07-18 Pending — Greater Alabama MLS
• 2023-06-21 Contingent — Greater Alabama MLS
• 2023-06-08 Price Changed $29,500 Greater Alabama MLS
• 2023-05-04 Listed $39,000 Greater Alabama MLS

Property tax history

+11.3%/yr

Latest (2025): $732 · +0.8% YoY. Source: county tax records.