118 June Ave · Hueytown, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 6/10 · Moderate
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +28.5/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +7.7/10.0
- Appreciation +4.7/10.0
- Condition / age +4.0/5.0
- Rent growth +2.9/5.0
- Livability +2.9/5.0
- Schools +1.3/10.0
$84,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This charming 2 bedroom/1 bathroom has been completely renovated to include luxury flooring, fresh paint and modern updates throughout. Fenced in back yard waiting for memories to be made in, come check out this home for yourself to see the potential!
Key facts
- Fresh paint
- Modern updates
- Luxury flooring
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $85k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $278 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $85k).
- Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.2% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, 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: Brighton School (math 5% / reading 15%, grade F, #566 of 627 statewide, top 90%, 365 students, 89% FRL); Pleasant Grove High School (math 0% / reading 18%, grade F, #260 of 305 statewide, top 85%, 729 students, 57% FRL) — zoned schools average 73% FRL vs 49% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.6%/yr); 325 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 100d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
Forward outlook
- In year one you build about $78 of equity ($587 loan paydown + $-509 appreciation (-0.6% 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 (-0.6% appreciation + 1.6% rent growth), your $24k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 430 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 13y ago; this cycle's ask has dropped $40k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1948 — 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.
Questions for the listing agent
- It's been on market 430 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.27% ✓
- Cap rate
- 10.23%
- Cash-on-cash
- 14.05%
- DSCR
- 1.63
- GRM
- 6.5
CMA / ARV
- ARV (median comp)
- $140,720
- List price
- $84,900
- Delta
- -39.67%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 122 June Ave | 0.02mi | 2/1.0 | 866 (-5%) | 11mo | $63,000 | $73 | 82 |
| 116 Ivy Ave | 0.07mi | 2/1.0 | 851 (-7%) | 7mo | $80,000 | $94 | 79 |
| 207 June Ave | 0.07mi | 2/1.0 | 851 (-7%) | 16mo | $130,000 | $153 | 72 |
| 130 Forest Rd | 0.62mi | 2/1.0 | 931 (+2%) | 1mo | $65,000 | $70 | 67 |
| 207 Ivy Ave | 0.08mi | 2/1.0 | 1,005 (+10%) | 22mo | $105,000 | $104 | 61 |
| 2838 Brooklane Dr | 0.54mi | 3/2.0 (+1) | 975 (+7%) | 11mo | $98,150 | $101 | 45 |
| 137 Baker Ave | 0.62mi | 3/1.0 (+1) | 1,020 (+12%) | 2mo | $145,000 | $142 | 45 |
| 2822 Brooklane Dr | 0.60mi | 3/1.0 (+1) | 975 (+7%) | 15mo | $97,000 | $99 | 43 |
| 130 Crystal Ave | 0.51mi | 2/1.0 | 1,040 (+14%) | 13mo | $17,500 | $17 | 42 |
| 118 Holly St | 0.59mi | 2/1.0 | 784 (-14%) | 10mo | $115,000 | $147 | 40 |
| 148 Mabelon Dr | 0.65mi | 3/1.0 (+1) | 1,004 (+10%) | 10mo | $95,500 | $95 | 40 |
| 146 Baker Ave | 0.58mi | 3/1.0 (+1) | 1,025 (+12%) | 23mo | $110,000 | $107 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-0.6% appreciation · 1.6% rent growth · sell at horizon
- IRR
- 10.5%
- Equity multiple
- 1.48×
- Total profit
- $11,385
- Equity at exit
- $22,136
- IRR
- 15.1%
- Equity multiple
- 2.49×
- Total profit
- $35,322
- Equity at exit
- $24,675
Cash invested: $23,772 (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
Active competition Active MLS
- For sale now
- 16 active · 11 under contract
- Months of supply
- 12.0 mo (8%/mo absorbed)
- Median asking
- $114,950 ($121/sqft)
- Median days on market
- 60 d
- This list price
- 19% of active listings are priced below it
- ARV vs active asking
- +27.6% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 35023
- Home prices YoY
- -0.1%
- Rents YoY
- 1.6%
- Active inventory
- 325
- Price-to-rent
- 6.5×
Monthly cashflow live
- Estimated rent
- $1,082 high interval (Pro) →
- Mortgage (P&I)
- −$445
- Tax from tax record
- −$96 /mo · $1,148/yr
- Insurance
- −$35
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$227
- Net cashflow
- $278
Break-even live
Sensitivity live
| Price | -10% $326 | -5% $302 | +0% $278 | +5% $254 | +10% $230 |
|---|---|---|---|---|---|
| Rent | -10% $193 | -5% $236 | +0% $278 | +5% $321 | +10% $364 |
| Rate | -1.0pp $321 | -0.5pp $300 | base $278 | +0.5pp $256 | +1.0pp $234 |
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
- $21,225
- Closing costs
- $2,547
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 23 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 119 Lakeland Ave Bessemer, AL | 3.0 | 1.0 | 1042 | $1,125 | $1.08 | 120d | 1 | 0.17mi |
| 165 Mabelon Dr Bessemer, AL | 3.0 | 1.0 | 1000 | $1,450 | $1.45 | 0d | 1 | 0.59mi |
| 309 Sunrise Blvd Bessemer, AL | 2.0 | 1.0 | 1105 | $1,160 | $1.05 | 108d | 1 | 0.62mi |
| 2822 Brooklane Dr Bessemer, AL | 2.0 | 1.0 | 975 | $1,000 | $1.03 | 140d | 1 | 0.63mi |
| 124 Dabbs Ave Unit 130-A Hueytown, AL | 2.0 | 1.0 | 855 | $1,025 | $1.20 | 7d | 1 | 0.75mi |
| 110 Ray Ave Apt 7 Hueytown, AL | 2.0 | 2.0 | 900 | $875 | $0.97 | 7d | 1 | 0.87mi |
| 106 Walker Ave Bessemer, AL | 1.0 | 1.0 | 576 | $725 | $1.26 | 72d | 1 | 0.91mi |
| 2024 28th Ave N Bessemer, AL | 2.0 | 1.0 | 952 | $1,050 | $1.10 | 7d | 1 | 1.07mi |
| 2020 High School Rd Unit C Bessemer, AL | 2.0 | 1.0 | 733 | $750 | $1.02 | 111d | 1 | 1.09mi |
| 2020 High School Rd Apt H Bessemer, AL | 2.0 | 1.0 | 733 | $600 | $0.82 | 64d | 1 | 1.09mi |
| 116 Vail Ave Bessemer, AL | 2.0 | 1.0 | 1008 | $925 | $0.92 | 64d | 1 | 1.10mi |
| 2423 Circle Dr Bessemer, AL | 2.0 | 1.0 | 732 | $1,050 | $1.43 | 140d | 1 | 1.10mi |
| 109 Oak Ave Bessemer, AL | 3.0 | 1.0 | 1120 | $1,200 | $1.07 | 99d | 1 | 1.22mi |
| 1409 Hueytown Rd Apt 63 Bessemer, AL | 2.0 | 1.0 | 876 | $995 | $1.14 | 140d | 1 | 1.24mi |
| 1409 Hueytown Rd Unit 21 Bessemer, AL | 2.0 | 1.0 | 876 | $995 | $1.14 | 7d | 1 | 1.24mi |
| 1409 Hueytown Rd Unit 09 Bessemer, AL | 1.0 | 1.0 | 695 | $850 | $1.22 | 140d | 1 | 1.24mi |
| 200 Love St Bessemer, AL | 2.0 | 1.0 | 675 | $1,100 | $1.63 | 140d | 1 | 1.27mi |
| 301 Autumn Brook Ter Unit 401 Hueytown, AL | 1.0 | 1.0 | 695 | $850 | $1.22 | 118d | 1 | 1.30mi |
| 622 S Parkell Ave Bessemer, AL | 3.0 | 1.0 | 963 | $1,200 | $1.25 | 140d | 1 | 1.44mi |
| 204 Cherry Ct Unit 206 Hueytown, AL | 2.0 | 1.0 | 950 | $950 | $1.00 | 7d | 1 | 1.47mi |
| 204 Cherry Ct Unit 204 Hueytown, AL | 2.0 | 1.5 | 950 | $950 | $1.00 | 7d | 1 | 1.47mi |
| 1444 Hueytown Rd Unit B Hueytown, AL | 2.0 | 1.0 | 725 | $900 | $1.24 | 87d | 1 | 1.48mi |
| 107 Wheeler Dr Bessemer, AL | 2.0 | 1.0 | 950 | $950 | $1.00 | 140d | 1 | 1.50mi |
Listing history 50 events
-
2026-09-25days on market $84,900 Active 430 DOM
-
2026-09-24days on market $84,900 Active 429 DOM
-
2026-09-23days on market $84,900 Active 428 DOM
-
2026-09-22days on market $84,900 Active 427 DOM
-
2026-09-21days on market $84,900 Active 426 DOM
-
2026-09-20days on market $84,900 Active 425 DOM
-
2026-09-19days on market $84,900 Active 424 DOM
-
2026-09-18days on market $84,900 Active 423 DOM
-
2026-09-17days on market $84,900 Active 422 DOM
-
2026-09-16days on market $84,900 Active 421 DOM
-
2026-09-15days on market $84,900 Active 420 DOM
-
2026-09-14days on market $84,900 Active 419 DOM
-
2026-09-13days on market $84,900 Active 418 DOM
-
2026-09-12days on market $84,900 Active 417 DOM
-
2026-09-11days on market $84,900 Active 416 DOM
-
2026-09-05days on market $84,900 Active 410 DOM
-
2026-09-04days on market $84,900 Active 409 DOM
-
2026-09-03days on market $84,900 Active 408 DOM
-
2026-08-31days on market $84,900 Active 405 DOM
-
2026-08-30days on market $84,900 Active 404 DOM
-
2026-08-28days on market $84,900 Active 402 DOM
-
2026-08-27days on market $84,900 Active 401 DOM
-
2026-08-26days on market $84,900 Active 400 DOM
-
2026-08-25days on market $84,900 Active 399 DOM
-
2026-08-24days on market $84,900 Active 398 DOM
-
2026-08-23days on market $84,900 Active 397 DOM
-
2026-08-22days on market $84,900 Active 396 DOM
-
2026-08-21pricedays on market $84,900 Active 395 DOM
-
2026-08-20days on market $87,500 Active 394 DOM
-
2026-08-19days on market $87,500 Active 393 DOM
-
2026-08-18days on market $87,500 Active 392 DOM
-
2026-08-17days on market $87,500 Active 391 DOM
-
2026-08-16days on market $87,500 Active 390 DOM
-
2026-08-15remarks 361-char remark
-
2026-08-15days on market $87,500 Active 389 DOM
-
2026-08-14days on market $87,500 Active 388 DOM
-
2026-08-13days on market $87,500 Active 387 DOM
-
2026-08-12days on market $87,500 Active 386 DOM
-
2026-08-11days on market $87,500 Active 385 DOM
-
2026-08-10days on market $87,500 Active 384 DOM
-
2026-08-09days on market $87,500 Active 383 DOM
-
2026-08-08days on market $87,500 Active 382 DOM
-
2026-08-07days on market $87,500 Active 381 DOM
-
2026-08-06days on market $87,500 Active 380 DOM
-
2026-08-05days on market $87,500 Active 379 DOM
-
2026-08-04days on market $87,500 Active 378 DOM
-
2026-08-03days on market $87,500 Active 377 DOM
-
2026-07-31days on market $87,500 Active 374 DOM
-
2026-07-30days on market $87,500 Active 372 DOM
-
2026-07-28pricedays on market $87,500 Active 371 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
- $1,148 · $96/mo
- Projected year-2 tax
- $1,148 · $96/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 3/10 Moderate
- Heat 6/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $12,981
- − Mortgage interest
- −$4,756
- − Property taxes
- −$1,148
- − Insurance
- −$424
- − Repairs & maintenance
- −$1,038
- − Management
- −$1,038
- − Depreciation
- −$2,470
- Taxable income
- $2,106
- Est. tax owed @ 24.0%
- −$506
- After-tax cash flow
- $2,835/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.
Condition & rehab AI · 9 photos
This charming 2-bedroom home has been completely renovated with modern updates and is move-in ready. The exterior and interior are in good condition, with potential for further enhancements to boost its value.
Components & finishes AI
Value-add opportunities
- Resale Paint exterior trim and shutters — Fresh paint enhances curb appeal and home value ↑
- Both Landscaping improvements — Enhances curb appeal and adds value for both resale and rental ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 — Hueytown
- Score
- 57/100
- State rank
- #378
- US rank
- #21611
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hueytown, AL
- County
- Jefferson County · 669,185 people
- Metro
- Birmingham-Hoover, AL
- Population (ZIP)
- 25,533
- Household income
- $69,863
- Rent vs Own
- Severe rent burden
- 14% of renters
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
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
- Hispanic origin (detail)
- Mexican 5%
- Common ancestry
- Slovak 1% Lithuanian 1% Serbian 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 93% English-only · Spanish 7%
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
- ▼ -0.60%
- Current HPI
- 389.38
- Rent YoY
- ▲ 1.60%
- 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
+219.1% since first listed17 events — show timeline
- 2026-05-12 Price Changed $91,900 Greater Alabama MLS
- 2026-04-28 Price Changed $96,400 Greater Alabama MLS
- 2026-03-19 Price Changed $99,900 Greater Alabama MLS
- 2026-03-14 Price Changed $102,500 Greater Alabama MLS
- 2025-12-06 Price Changed $105,750 Greater Alabama MLS
- 2025-11-19 Price Changed $107,250 Greater Alabama MLS
- 2025-11-07 Price Changed $108,650 Greater Alabama MLS
- 2025-10-31 Price Changed $109,900 Greater Alabama MLS
- 2025-10-09 Price Changed $112,500 Greater Alabama MLS
- 2025-09-13 Price Changed $114,900 Greater Alabama MLS
- 2025-08-05 Price Changed $118,500 Greater Alabama MLS
- 2025-07-22 Listed $125,000 Greater Alabama MLS
- 2019-05-01 Sold (Public Records) $85,625 Public Records
- 2019-04-25 Sold (MLS) $85,500 Greater Alabama MLS
- 2019-04-01 Listed $85,500 Greater Alabama MLS
- 2013-01-29 Sold (MLS) $24,000 Greater Alabama MLS
- 2013-01-18 Listed $28,800 Greater Alabama MLS
Property tax history
+10.1%/yrLatest (2025): $1,148 · +6.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…