7914 1st Ave S · Birmingham, AL 35206

$69,500

3 bd · 1.0 ba · 1,340 sqft · SingleFamily public records · 21 Days on market

Built 1947 9,147 sqft lot Est $100k · 31% under

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.4/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor special. 3 bed / 1 bath home. Please contact listing agent for more information.

Key facts

• 9,147 sq ft lot
• Built 1947
• Listed 21 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $397 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $68k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.1% 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: Barrett Elementary School (math 2% / reading 8%, grade F, #618 of 627 statewide, top 100%, 405 students, 88% FRL); Woodlawn High Schoolmagnet (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 738 students, 91% FRL).
• Market conditions: Rents rising (+1.8%/yr); 128 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 33% of the median local income ($43k/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 $481 of loan paydown is wiped out by about $2k 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 + 1.8% rent growth), your $19k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $60k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $68,457 (1.5% below list)

Questions for the listing agent

1. Built in 1947 — 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: 1.70% ✓
• Cap rate: 14.11%
• Cash-on-cash: 27.93%
• DSCR: 2.24
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $100,500
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8236 2nd Ave S	0.44mi	3/1.0	1,326 (-1%)	2mo	$57,750	$44	76
8201 4th Ave S	0.44mi	3/2.0	1,334 (-0%)	0mo	$170,000	$127	74
7923 4th Ave N	0.41mi	3/2.0	1,320 (-2%)	1mo	$145,000	$110	74
7506 1st Ave S	0.50mi	4/1.0 (+1)	1,324 (-1%)	1mo	$60,000	$45	69
617 83rd Pl S	0.71mi	3/1.0	1,344 (+0%)	0mo	$82,000	$61	66
319 80th St N	0.39mi	3/1.0	1,456 (+9%)	2mo	$65,000	$45	66
8315 4th Ave S	0.57mi	3/1.0	1,288 (-4%)	2mo	$84,000	$65	65
713 77th Pl S	0.67mi	3/1.0	1,364 (+2%)	2mo	$215,000	$158	64
7830 5th Ave S	0.32mi	3/1.0	1,151 (-14%)	1mo	$142,500	$124	60
8313 3rd Ave S	0.54mi	3/1.0	1,195 (-11%)	2mo	$90,000	$75	55
7915 7th Ave S	0.47mi	3/1.0	1,162 (-13%)	1mo	$85,000	$73	55
8311 3rd Ave S	0.53mi	3/2.0	1,516 (+13%)	1mo	$166,500	$110	48

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 · 1.82% rent growth · sell at horizon

5-year hold

• IRR: 16.5%
• Equity multiple: 1.65×
• Total profit: $12,709
• Equity at exit: $10,363

10-year hold

• IRR: 24.1%
• Equity multiple: 2.97×
• Total profit: $38,304
• Equity at exit: $6,009

Cash invested: $19,460 (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 35206

• Home prices YoY: -32.0%
• Rents YoY: 1.8%
• Active inventory: 128
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,183 high
• Mortgage (P&I): −$364
• Tax from tax record: −$88 /mo · $1,060/yr
• Insurance: −$29
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $397

Break-even live

Break-even rent $680

Max offer price $69,500

Occupancy floor 61%

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: $17,375
• Closing costs: $2,085
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8021 1st Ave S Unit A Birmingham, AL	3.0	1.0	980	$950	$0.97	24d	1	0.12mi
7829 3rd Ave S Birmingham, AL	3.0	1.5	1005	$1,025	$1.02	44d	1	0.18mi
7801 3rd Ave S Unit B Birmingham, AL	2.0	1.5	1100	$1,000	$0.91	44d	1	0.21mi
7728 1st Ave S Apt C Birmingham, AL	2.0	1.0	950	$950	$1.00	44d	1	0.24mi
7721 1st Ave S Birmingham, AL	3.0	1.0	956	$949	$0.99	24d	1	0.26mi
7815 4th Ave S Birmingham, AL	3.0	2.0	1496	$1,650	$1.10	2d	1	0.27mi
8128 2nd Ave S Birmingham, AL	4.0	1.0	1390	$1,150	$0.83	24d	1	0.28mi
8129 2nd Ave S Unit B Birmingham, AL	2.0	1.0	900	$800	$0.89	44d	1	0.28mi
8035 4th Ave S Birmingham, AL	3.0	2.0	1096	$1,050	$0.96	44d	1	0.29mi
8108 4th Ave S Birmingham, AL	3.0	2.0	1384	$1,200	$0.87	44d	1	0.32mi
8149 1st Ave S Birmingham, AL	3.0	2.0	1300	$1,200	$0.92	44d	1	0.32mi
512 81st St S Birmingham, AL	3.0	1.0	1156	$1,150	$0.99	44d	1	0.39mi
514 81st St S Birmingham, AL	4.0	2.0	1174	$1,295	$1.10	44d	1	0.40mi
8202 4th Ave S Birmingham, AL	3.0	1.0	1178	$1,075	$0.91	44d	1	0.43mi
7620 4th Ave S Birmingham, AL	3.0	1.0	1144	$1,025	$0.90	44d	1	0.45mi
7931 7th Ave S Birmingham, AL	3.0	1.0	1320	$1,450	$1.10	44d	1	0.46mi
8240 2nd Ave S Birmingham, AL	2.0	1.0	990	$875	$0.88	24d	1	0.46mi
8020 4th Ave N Birmingham, AL	3.0	1.0	1200	$1,200	$1.00	44d	1	0.47mi
731 81st St S Birmingham, AL	3.0	1.0	1221	$995	$0.81	10d	1	0.56mi
7827 Rugby Ave Birmingham, AL	3.0	1.0	1365	$850	$0.62	3d	1	0.57mi
7823 Rugby Ave Birmingham, AL	3.0	1.0	1023	$1,175	$1.15	44d	1	0.57mi
735 81st St S Birmingham, AL	3.0	2.0	1224	$1,400	$1.14	24d	1	0.58mi
8211 Rugby Ave Birmingham, AL	4.0	1.0	966	$1,250	$1.29	44d	1	0.58mi
7420 3rd Ave S Birmingham, AL	4.0	2.0	1705	$1,450	$0.85	2d	1	0.59mi
8013 Rugby Ave Birmingham, AL	3.0	2.0	1460	$1,150	$0.79	24d	1	0.60mi
8122 Rugby Ave Unit B Birmingham, AL	2.0	1.0	900	$795	$0.88	44d	1	0.61mi
7330 1st Ave S Birmingham, AL	3.0	1.0	1299	$1,000	$0.77	2d	1	0.62mi
7824 Rugby Ct Birmingham, AL	4.0	1.5	1650	$1,275	$0.77	44d	1	0.62mi
630 77th St S Birmingham, AL	2.0	2.0	1100	$983	$0.89	3d	1	0.62mi
8242 Vassar Ave Birmingham, AL	4.0	1.0	1212	$1,100	$0.91	44d	1	0.63mi
7825 Rugby Ct Birmingham, AL	2.0	1.0	929	$875	$0.94	21d	1	0.65mi
8416 Division Ave Birmingham, AL	3.0	2.0	1470	$1,350	$0.92	44d	1	0.65mi
8300 4th Ave N Birmingham, AL	4.0	2.0	1455	$1,300	$0.89	44d	1	0.67mi
756 Vanderbilt St Birmingham, AL	3.0	2.0	1096	$1,000	$0.91	44d	1	0.67mi
730 82nd Pl S Birmingham, AL	3.0	1.0	896	$1,023	$1.14	3d	1	0.67mi
768 80th Pl S Unit 1 Birmingham, AL	3.0	2.0	1134	$1,200	$1.06	44d	1	0.67mi
8408 5th Ave S Birmingham, AL	3.0	1.0	1100	$1,528	$1.39	44d	1	0.69mi
8408 5th Ave S Birmingham, AL	3.0	1.0	890	$1,295	$1.46	10d	1	0.69mi
8333 4th Ave N Birmingham, AL	4.0	2.0	1384	$1,300	$0.94	44d	1	0.71mi
745 82nd Pl S Birmingham, AL	3.0	2.0	1200	$1,168	$0.97	2d	1	0.71mi

Listing history 4 events

1. 2025-12-12
   status Pending
2. 2025-11-21
   listed $69,500 Active
3. 2006-03-07
   soldstatus $60,000
4. 1981-01-20
   soldstatus $30,500

ⓘ 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: $1,060 · $88/mo
• Projected year-2 tax: $1,060 · $88/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 7/10 Severe FEMA zone X (unshaded) · 78% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 20 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: $14,197
• − Mortgage interest: −$3,893
• − Property taxes: −$1,060
• − Insurance: −$1,014
• − Repairs & maintenance: −$1,136
• − Management: −$1,136
• − Depreciation: −$2,022
• Taxable income: $3,937
• Est. tax owed @ 24.0%: −$945
• After-tax cash flow: $3,823/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): 15,621
• Household income: $42,549
• Rent vs Own: 51.1% rent · 48.9% own
• Severe rent burden: 1169.0

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 (73%)
• Race & ethnicity: Black 73% White 22% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 0%

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: ▼ -68.70%
• Current HPI: 146.2168
• Rent YoY: ▲ 1.82%
• 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

+127.9% since first listed

4 events — show timeline

• 2025-12-12 Pending — Greater Alabama MLS
• 2025-11-21 Listed $69,500 Greater Alabama MLS
• 2006-03-07 Sold (Public Records) $60,000 Public Records
• 1981-01-20 Sold (Public Records) $30,500 Public Records

Property tax history

+10.5%/yr

Latest (2025): $1,060 · +2.7% YoY. Source: county tax records.