9318 Brookhaven Rd · Kimberly, AL 35091

$159,000

3 bd · 1.0 ba · 1,148 sqft · SingleFamily public records · 64 Days on market

Built 1955 0.41 ac lot

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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 +26.0/30.0
• Appreciation +10.0/10.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.6/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

Key facts

• 0.41 acre lot
• Parking
• Built 1955

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $395 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $149k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 4.2% in Kimberly — 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 66/100 on livability (#99 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute 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: Bryant Park Elementary (math 13% / reading 38%, grade F, #411 of 627 statewide, top 66%, 708 students, 62% FRL); Mortimer Jordan High School (math 23% / reading 27%, grade F, #114 of 305 statewide, top 38%, 861 students, 45% FRL).
• Market conditions: 129 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y 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: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,460 (6.0% below list)

Questions for the listing agent

1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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. 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: 1.06% ✓
• Cap rate: 9.27%
• Cash-on-cash: 10.64%
• DSCR: 1.47
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 32.1%
• Equity multiple: 3.51×
• Total profit: $111,662
• Equity at exit: $143,240

10-year hold

• IRR: 27.7%
• Equity multiple: 7.94×
• Total profit: $308,917
• Equity at exit: $308,902

Cash invested: $44,520 (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 35091

• Home prices YoY: 8.8%
• Active inventory: 129
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,691 medium
• Mortgage (P&I): −$834
• Tax from tax record: −$41 /mo · $497/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $395

Break-even live

Break-even rent $1,192

Max offer price $159,000

Occupancy floor 72%

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
321 Reed Way Kimberly, AL	3.0	2.0	1316	$1,886	$1.43	1d	1	0.46mi
9717 Harvella Rd Warrior, AL	3.0	1.0	1100	$1,275	$1.16	1d	1	1.08mi

Listing history 13 events

1. 2022-09-14
   soldstatus $145,000
2. 2022-08-26
   status Pending
3. 2022-08-26
   historical Contingent
4. 2022-07-28
   price $159,000
5. 2022-07-09
   status Active
6. 2022-07-04
   historical Contingent
7. 2022-06-23
   listed $163,000 Active
8. 2018-03-30
   soldstatus $28,000 Sold 201-char remark

   Show marketing remark (201 chars)

   Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

9. 2018-03-27
   historical Contingent 201-char remark

   Show marketing remark (201 chars)

   Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

10. 2018-02-13
    historical 201-char remark

    Show marketing remark (201 chars)

    Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

11. 2017-10-17
    price $34,900 201-char remark

    Show marketing remark (201 chars)

    Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

12. 2017-10-13
    price $37,500 201-char remark

    Show marketing remark (201 chars)

    Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

13. 2017-09-10
    listed $39,000 Active 201-char remark

    Show marketing remark (201 chars)

    Great opportunity! Lots of potential in this "Diamond in the Rough. " Handyman Special. Mortimer Jordan School District! 3 bedrooms, 1 bathroom. At this price, this one will not last long!

ⓘ 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: $497 · $41/mo
• Projected year-2 tax: $652 · $54/mo
• Expected delta: +$155/yr (+$13/mo · 31.3%)

ⓘ 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 3/10 Moderate
• 🌡 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 · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,296
• − Mortgage interest: −$8,906
• − Property taxes: −$497
• − Insurance: −$795
• − Repairs & maintenance: −$1,624
• − Management: −$1,624
• − Depreciation: −$4,625
• Taxable income: $2,225
• Est. tax owed @ 24.0%: −$534
• After-tax cash flow: $4,202/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 — Kimberly

• Score: 66/100
• State rank: #99
• US rank: #11415

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kimberly, AL
• Population (ZIP): 3,632

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 (92%)
• Race & ethnicity: White 92% Black 5% Two or more races 2%
• Common ancestry: Italian 7% Slovak 4% Lithuanian 3%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 99% English-only · Korean 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: ▲ 21.37%
• Current HPI: 265.4636
• Rent YoY: —
• Metro: —
• 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

+271.8% since first listed

13 events — show timeline

• 2022-09-14 Sold (Public Records) $145,000 Public Records
• 2022-08-26 Pending — Greater Alabama MLS
• 2022-08-26 Contingent — Greater Alabama MLS
• 2022-07-28 Price Changed $159,000 Greater Alabama MLS
• 2022-07-09 Relisted — Greater Alabama MLS
• 2022-07-04 Contingent — Greater Alabama MLS
• 2022-06-23 Listed $163,000 Greater Alabama MLS
• 2018-03-30 Sold (MLS) $28,000 Greater Alabama MLS
• 2018-03-27 Contingent — Greater Alabama MLS
• 2018-02-13 Delisted — Greater Alabama MLS
• 2017-10-17 Price Changed $34,900 Greater Alabama MLS
• 2017-10-13 Price Changed $37,500 Greater Alabama MLS
• 2017-09-10 Listed $39,000 Greater Alabama MLS

Property tax history

-4.8%/yr

Latest (2025): $497 · +4.8% YoY. Source: county tax records.