131 Mimosa St · Brookside, AL 35214

$140,000

3 bd · 2.0 ba · 1,815 sqft · SingleFamily public records · 8 Days on market

Built 1968 0.58 ac lot

---

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 +22.1/30.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +4.7/10.0
• Rent growth +2.7/5.0
• Livability +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity at this price point! Use it as an investment or make it your own! Large bedrooms and living areas. Nicely flowing floorplan. Convenient location with tons of potential!

Key facts

• Full brick
• Large lot
• Five mile creek

Tags

• FULL BRICK
• LARGE LOT
• PRIVATE VIEW
• FIVE MILE CREEK

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $226 ($3k/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 $135k (3.5% below list).
• Recommended offer: $135k (3.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 54/100 on livability (#465 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D+, crime D, amenities 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.
• Zoned schools: Gardendale Elementary School (math 20% / reading 56%, grade F, #263 of 627 statewide, top 42%, 677 students, 48% FRL); Bragg Middle School (math 6% / reading 51%, grade F, #138 of 257 statewide, top 54%, 746 students, 53% FRL); Gardendale High School (math 21% / reading 28%, grade F, #118 of 305 statewide, top 45%, 1,047 students, 48% FRL) — zoned schools at 50% FRL track the district average.
• Market conditions: Rents flat; 116 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $968 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 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 11y 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

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $135,121 (3.5% below list)

Questions for the listing agent

1. Built in 1968 — 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 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?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 8.23%
• Cash-on-cash: 6.93%
• DSCR: 1.31
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $36,300
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Price St	0.33mi	3/1.0	1,862 (+3%)	8mo	$37,500	$20	69

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 · 0.74% rent growth · sell at horizon

5-year hold

• IRR: -8.0%
• Equity multiple: 0.71×
• Total profit: $-11,339
• Equity at exit: $20,874

10-year hold

• IRR: -1.4%
• Equity multiple: 0.91×
• Total profit: $-3,337
• Equity at exit: $12,105

Cash invested: $39,200 (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 35214

• Home prices YoY: -20.0%
• Rents YoY: 0.7%
• Active inventory: 116
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,351 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$49 /mo · $585/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $226

Break-even live

Break-even rent $1,065

Max offer price $140,000

Occupancy floor 78%

Sensitivity live

Price	-10% $305	-5% $266	+0% $226	+5% $187	+10% $147
Rent	-10% $119	-5% $173	+0% $226	+5% $280	+10% $333
Rate	-1.0pp $297	-0.5pp $262	base $226	+0.5pp $190	+1.0pp $153

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1017 Rocky Brook Trl Birmingham, AL	3.0	2.0	1300	$1,050	$0.81	25d	1	1.17mi

Listing history 30 events

1. 2025-04-16
   soldstatus $138,000
2. 2025-03-18
   status Pending
3. 2025-03-10
   listed $140,000 Active
4. 2023-04-14
   soldstatus $80,000 Sold 186-char remark

   Show marketing remark (186 chars)

   Great opportunity at this price point! Use it as an investment or make it your own! Large bedrooms and living areas. Nicely flowing floorplan. Convenient location with tons of potential!

5. 2023-04-14
   soldstatus $80,000

   Show marketing remark (186 chars)

   Great opportunity at this price point! Use it as an investment or make it your own! Large bedrooms and living areas. Nicely flowing floorplan. Convenient location with tons of potential!

6. 2023-03-23
   status Pending 186-char remark

   Show marketing remark (186 chars)

   Great opportunity at this price point! Use it as an investment or make it your own! Large bedrooms and living areas. Nicely flowing floorplan. Convenient location with tons of potential!

7. 2023-03-01
   listed $75,000 Active 186-char remark

   Show marketing remark (186 chars)

   Great opportunity at this price point! Use it as an investment or make it your own! Large bedrooms and living areas. Nicely flowing floorplan. Convenient location with tons of potential!

8. 2021-10-08
   soldstatus $4,274,537
9. 2019-09-24
   soldstatus $63,000
10. 2019-09-12
    soldstatus $61,500 Sold 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

11. 2019-09-05
    status Pending 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

12. 2019-08-28
    historical 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

13. 2019-08-24
    price $49,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

14. 2019-08-23
    status Active 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

15. 2019-08-23
    historical 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

16. 2019-08-06
    price $64,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

17. 2019-07-05
    price $69,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

18. 2019-06-22
    price $73,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

19. 2019-06-08
    price $74,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

20. 2019-05-12
    price $79,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

21. 2019-04-27
    price $85,000 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

22. 2019-04-13
    price $99,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

23. 2019-03-30
    price $104,900 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

24. 2019-03-09
    price $109,000 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

25. 2019-02-22
    listed $110,000 Active 35-char remark

    Show marketing remark (35 chars)

    As-Is sale. Investment Opportunity.

26. 2018-03-30
    soldstatus $11,665,000
27. 2016-07-14
    soldstatus $10,176,000
28. 2015-04-03
    soldstatus $38,600
29. 2015-03-19
    historical
30. 2015-02-17
    listed $39,000

ⓘ 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: $585 · $49/mo
• Projected year-2 tax: $585 · $49/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 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,215
• − Mortgage interest: −$7,842
• − Property taxes: −$585
• − Insurance: −$700
• − Repairs & maintenance: −$1,297
• − Management: −$1,297
• − Depreciation: −$4,073
• Taxable income: $421
• Est. tax owed @ 24.0%: −$101
• After-tax cash flow: $2,614/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 — Brookside

• Score: 54/100
• State rank: #465
• US rank: #24004

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brookside, AL
• County: Jefferson County · 527,445 people
• City population: 175
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 17,027
• Household income: $56,383
• Rent vs Own: 35.4% rent · 64.6% own
• Severe rent burden: 578.0

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 18% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

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: ▼ -54.48%
• Current HPI: 218.5233
• Rent YoY: ▲ 0.74%
• 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

+253.8% since first listed

30 events — show timeline

• 2025-04-16 Sold (Public Records) $138,000 Public Records
• 2025-03-18 Pending — Greater Alabama MLS
• 2025-03-10 Listed $140,000 Greater Alabama MLS
• 2023-04-14 Sold (Public Records) $80,000 Public Records
• 2023-04-14 Sold (MLS) $80,000 Greater Alabama MLS
• 2023-03-23 Pending — Greater Alabama MLS
• 2023-03-01 Listed $75,000 Greater Alabama MLS
• 2021-10-08 Sold (Public Records) $4,274,537 Public Records
• 2019-09-24 Sold (Public Records) $63,000 Public Records
• 2019-09-12 Sold (MLS) $61,500 Greater Alabama MLS
• 2019-09-05 Pending — Greater Alabama MLS
• 2019-08-28 Delisted — Greater Alabama MLS
• 2019-08-24 Price Changed $49,900 Greater Alabama MLS
• 2019-08-23 Relisted — Greater Alabama MLS
• 2019-08-23 Delisted — Greater Alabama MLS
• 2019-08-06 Price Changed $64,900 Greater Alabama MLS
• 2019-07-05 Price Changed $69,900 Greater Alabama MLS
• 2019-06-22 Price Changed $73,900 Greater Alabama MLS
• 2019-06-08 Price Changed $74,900 Greater Alabama MLS
• 2019-05-12 Price Changed $79,900 Greater Alabama MLS
• 2019-04-27 Price Changed $85,000 Greater Alabama MLS
• 2019-04-13 Price Changed $99,900 Greater Alabama MLS
• 2019-03-30 Price Changed $104,900 Greater Alabama MLS
• 2019-03-09 Price Changed $109,000 Greater Alabama MLS
• 2019-02-22 Listed $110,000 Greater Alabama MLS
• 2018-03-30 Sold (Public Records) $11,665,000 Public Records
• 2016-07-14 Sold (Public Records) $10,176,000 Public Records
• 2015-04-03 Sold (MLS) $38,600 Greater Alabama MLS
• 2015-03-19 Delisted — Greater Alabama MLS
• 2015-02-17 Listed $39,000 Greater Alabama MLS

Property tax history

-7.7%/yr

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