4411 Little River Rd · Irondale, AL 35213

$160,000

4 bd · 2.5 ba · 1,920 sqft · Townhouse public records · 45 Days on market

Built 1974 2,962 sqft lot $83/sqft · 67% below area

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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
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks

HUD Case 011-591857. 3 bedroom 2.5 bath home with great potential in a convenient Birmingham location! This fixer-upper features a spacious layout, partially finished basement perfect for additional living space or recreation, and a 2-car garage. Solid bones with room to update and make it your own—ideal for investors or buyers looking to add value. Large lot offers extra possibilities for outdoor living or expansion. Property sold as-is. Don’t miss this opportunity to transform a diamond in the rough!

Key facts

• Large lot
• 2,962 sq ft lot
• Built 1974

Tags

• CONVENIENT BIRMINGHAM LOCATION
• PARTIALLY FINISHED BASEMENT
• LARGE LOT

Property features AI

Finance

• Other: Lot size approximately 0.068 acres; Subdivision: Sharpsburg

Exterior

• Parking: Parking at the main level
• Utilities: Public water; Sewer connected; Internet service availability unknown
• Home design: Existing property; 4-side brick construction; Tri-level: no; Split level: no; Split foyer: no
• Construction: 4-side brick construction; Basement foundation; Daylight basement
• Exterior features: Balcony; Basement foundation; Daylight full basement (both finished and unfinished)

Interior

• Kitchen: Laminate countertops; Kitchen on main level
• Bedrooms: Two bedrooms (located on upper level)
• Flooring: Subflooring
• Bathrooms: Two full baths; One half bath; Tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Smooth ceilings; Handyman special
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located in basement (other — see remarks)

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath townhouse listed at $160k.

Deal economics

• At list price, monthly cash flow is $629 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.0% vs local median 5.2% in Irondale — 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 74/100 on livability (#23 in AL, #4,921 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, amenities F, health & safety 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: Irondale Community School (math 6% / reading 32%, grade F, #478 of 627 statewide, top 76%, 450 students, 50% FRL); Shades Valley High School (math 29% / reading 39%, grade F, #53 of 305 statewide, top 18%, 1,200 students, 68% FRL).
• Market conditions: Rents soft (-0.7%/yr); 59 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent is only 16% of the median local income ($160k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• 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 $155,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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. 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: 1.37% ✓
• Cap rate: 11.01%
• Cash-on-cash: 16.85%
• DSCR: 1.75
• GRM: 6.1

CMA / ARV

• ARV (median comp): $711,039
• List price: $160,000
• Delta: -77.50%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4347 Wilderness Ct #4347	0.35mi	3/2.5 (-1)	1,899 (-1%)	4mo	$269,000	$142	73
4331 Little River Rd #4331	0.26mi	3/2.5 (-1)	1,779 (-7%)	3mo	$312,000	$175	68
4328 Wilderness Rd #4328	0.36mi	3/2.5 (-1)	1,800 (-6%)	2mo	$315,000	$175	66
4349 Wilderness Ct #4349	0.28mi	3/2.5 (-1)	1,779 (-7%)	9mo	$312,000	$175	63
4357 Wilderness Ct #4357	0.28mi	3/2.5 (-1)	1,779 (-7%)	10mo	$292,500	$164	61
4355 Wilderness Ct #4355	0.28mi	3/2.5 (-1)	1,779 (-7%)	13mo	$270,000	$152	59
4314 Wilderness Rd #4314	0.40mi	3/2.5 (-1)	1,800 (-6%)	16mo	$290,000	$161	53
4316 Wilderness Rd #4316	0.39mi	3/2.5 (-1)	1,800 (-6%)	19mo	$295,100	$164	50

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: 4.6%
• Equity multiple: 1.17×
• Total profit: $7,736
• Equity at exit: $23,857

10-year hold

• IRR: 11.1%
• Equity multiple: 1.75×
• Total profit: $33,590
• Equity at exit: $13,834

Cash invested: $44,800 (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 35213

• Rents YoY: -0.7%
• Active inventory: 59
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,196 high
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,400/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$461
• Net cashflow: $629

Break-even live

Break-even rent $1,400

Max offer price $160,000

Occupancy floor 66%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
530 Elder St Unit 1 Irondale, AL	3.0	2.0	1700	$2,000	$1.18	43d	1	0.18mi
4324 Wilderness Rd #4324 Mountain Brook, AL	3.0	2.5	1800	$2,250	$1.25	23d	1	0.35mi
4452 Mountaindale Rd Birmingham, AL	3.0	2.0	1807	$3,025	$1.67	10d	1	0.63mi
132 Woodside Dr Irondale, AL	3.0	1.0	1452	$1,595	$1.10	16d	1	0.67mi
1522 Cooper Hill Rd Birmingham, AL	1.0–3.0	1.0–2.0	875	$1,299	$1.48	1d	17	0.86mi
3543 Mill Springs Rd Mountain Brk, AL	3.0	2.5	1868	$2,500	$1.34	43d	1	0.86mi
3560 Great Oak Ln Birmingham, AL	4.0	2.5	1935	$3,200	$1.65	10d	1	0.91mi
509 Ardmore Ln Irondale, AL	3.0	1.5	1408	$1,580	$1.12	3d	1	0.97mi
5232 Beacon Cir Irondale, AL	4.0	2.0	2520	$1,870	$0.74	43d	1	1.22mi
1316 Southhall Rd Birmingham, AL	3.0	2.0	2044	$2,300	$1.13	43d	1	1.25mi
504 Roselle Ln Irondale, AL	3.0	2.0	2162	$1,450	$0.67	3d	1	1.29mi

Listing history 13 events

1. 2026-06-13
   statusdays on market $160,000 Pending 45 DOM
2. 2026-06-10
   pricedays on market $160,000 Active 43 DOM
3. 2026-06-09
   days on market $210,000 Active 42 DOM
4. 2026-06-08
   days on market $210,000 Active 41 DOM
5. 2026-06-07
   days on market $210,000 Active 40 DOM
6. 2026-06-03
   days on market $210,000 Active 36 DOM
7. 2026-06-02
   days on market $210,000 Active 35 DOM
8. 2026-06-01
   days on market $210,000 Active 34 DOM
9. 2026-05-31
   days on market $210,000 Active 33 DOM
10. 2026-04-28
    listed $210,000 Active 519-char remark
11. 2007-05-24
    soldstatus $148,000
12. 1992-06-26
    soldstatus $85,000
13. 1987-05-01
    soldstatus $85,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥107°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 8 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,351
• − Mortgage interest: −$8,962
• − Property taxes: −$2,400
• − Insurance: −$800
• − Repairs & maintenance: −$2,108
• − Management: −$2,108
• − Depreciation: −$4,655
• Taxable income: $5,318
• Est. tax owed @ 24.0%: −$1,276
• After-tax cash flow: $6,272/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 — Irondale

• Score: 74/100
• State rank: #23
• US rank: #4921

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Irondale, AL
• County: Jefferson County · 527,445 people
• City population: 13,775
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 15,603
• Household income: $159,824
• Rent vs Own: 23.9% rent · 76.1% own
• Severe rent burden: 330.0

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 White (94%)
• Race & ethnicity: White 94% Two or more races 2% Hispanic / Latino 2% Asian 1%
• Common ancestry: Italian 6% Slovak 4% Serbian 3%
• Foreign-born: 2% · Canada, China, Jamaica
• Languages at home: 96% English-only · Spanish 1% Chinese 1% Other Indo-European 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: ▼ -424.08%
• Current HPI: 288.9931
• Rent YoY: ▼ -0.73%
• 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

+87.1% since first listed

6 events — show timeline

• 2026-06-12 Pending — Greater Alabama MLS
• 2026-06-09 Price Changed $160,000 Greater Alabama MLS
• 2026-04-28 Listed $210,000 Greater Alabama MLS
• 2007-05-24 Sold (Public Records) $148,000 Public Records
• 1992-06-26 Sold (Public Records) $85,000 Public Records
• 1987-05-01 Sold (Public Records) $85,500 Public Records