270 55th St · Fairfield, AL 35064

$97,500

3 bd · 1.0 ba · 1,386 sqft · SingleFamily public records · 35 Days on market

Built 1930 $70/sqft · 155% above area

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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 +27.1/30.0
• DSCR +9.4/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors, this house has long term Sec. 8 renters paying $710. New carpet, new paint, new AC, updated electrical, new roof, new plumbing - What bank can you put $34,900 and get $710 per month interest. .. .. Bring us an offer!

Key facts

• Functional kitchen
• Large backyard
• Updated flooring

Tags

• UPDATED FLOORING
• FUNCTIONAL KITCHEN
• DEDICATED LAUNDRY AREA
• LARGE BACKYARD

Property features AI

Finance

• Other: Living area approximately 1,386 square feet
• HOA & community: No homeowners association; Subdivision: Interurban

Exterior

• Parking: Concrete driveway
• Utilities: Public sewer
• Home design: Single-family residence; Residential property; Not new construction
• Construction: Brick construction
• Exterior features: Brick exterior; Driveway with concrete surface

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Crawl space foundation; 6 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $98k.

Deal economics

• At list price, monthly cash flow is $277 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $98k).
• Recommended offer: $95k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#160 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, amenities F, employment F.
• Fairfield City (suburban): math 2% / reading 15% proficiency, ranked #125 of 129 in AL (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: C J Donald Middle School (math 2% / reading 17%, grade F, #227 of 257 statewide, top 90%, 332 students, 85% FRL); Fairfield High Preparatory School (math 0% / reading 12%, grade F, #274 of 305 statewide, top 90%, 510 students, 82% FRL) — zoned schools at 83% FRL track the district average.
• Market conditions: 52 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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

• Local home prices are declining (-3.0%/yr); year-one equity from $674 of loan paydown is wiped out by about $3k 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 + 3.0% rent growth), your $27k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y 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.
• Current owner paid $31k; list at $98k implies a 217% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — 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.

Recommended offer $94,575 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 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 1930 — 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 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 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?
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: 1.18% ✓
• Cap rate: 9.70%
• Cash-on-cash: 12.17%
• DSCR: 1.54
• GRM: 7.0

CMA / ARV

• ARV (median comp): $38,301
• List price: $97,500
• Delta: 154.56%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
405 55th St	0.13mi	3/2.0	1,207 (-13%)	2mo	$99,000	$82	66
513 Oak Pl	0.42mi	3/1.0	1,440 (+4%)	9mo	$30,000	$21	66
101 60th St	0.39mi	3/1.5	1,540 (+11%)	2mo	$90,000	$58	60
5722 Terrace Ave	0.21mi	3/2.0	1,548 (+12%)	8mo	$56,000	$36	60
5401 Myron Massey Blvd	0.48mi	4/2.0 (+1)	1,392 (+0%)	10mo	$125,000	$90	59
114 60th St	0.35mi	3/2.0	1,290 (-7%)	12mo	$120,000	$93	58
601 41st St	0.74mi	3/1.0	1,442 (+4%)	3mo	$52,250	$36	56
513 Lloyd Noland Pkwy	0.47mi	3/1.5	1,212 (-13%)	3mo	$77,900	$64	53
821 46th St	0.69mi	3/1.0	1,254 (-10%)	0mo	$116,000	$93	52
704 61st St	0.50mi	3/1.0	1,184 (-15%)	3mo	$88,500	$75	50
117 62nd St	0.49mi	2/1.0 (-1)	1,220 (-12%)	9mo	$61,000	$50	45
829 51st St	0.65mi	3/1.0	1,203 (-13%)	12mo	$35,000	$29	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.7%
• Equity multiple: 1.07×
• Total profit: $1,821
• Equity at exit: $14,538

10-year hold

• IRR: 11.3%
• Equity multiple: 1.89×
• Total profit: $24,255
• Equity at exit: $8,430

Cash invested: $27,300 (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 35064

• Home prices YoY: -28.8%
• Active inventory: 52
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,153 high
• Mortgage (P&I): −$511
• Tax from tax record: −$82 /mo · $988/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $277

Break-even live

Break-even rent $803

Max offer price $97,500

Occupancy floor 71%

Sensitivity live

Price	-10% $332	-5% $304	+0% $277	+5% $249	+10% $222
Rent	-10% $186	-5% $231	+0% $277	+5% $322	+10% $368
Rate	-1.0pp $326	-0.5pp $302	base $277	+0.5pp $251	+1.0pp $226

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: $24,375
• Closing costs: $2,925
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
328 54th St Unit B Fairfield, AL	2.0	1.0	1570	$750	$0.48	44d	1	0.14mi
5722 Terrace Ave Fairfield, AL	4.0	2.0	1548	$1,495	$0.97	44d	1	0.18mi
410 54th St Fairfield, AL	2.0	1.0	1068	$700	$0.66	3d	1	0.19mi
209 58th St Fairfield, AL	3.0	2.0	1468	$1,200	$0.82	44d	1	0.20mi
304 52nd St Fairfield, AL	4.0	2.0	1355	$1,000	$0.74	44d	1	0.22mi
109 59th St Fairfield, AL	4.0	1.0	1344	$1,200	$0.89	12d	1	0.29mi
513 Oak Pl Fairfield, AL	4.0	2.0	1440	$1,300	$0.90	24d	1	0.45mi
435 62nd St Fairfield, AL	3.0	2.0	1249	$985	$0.79	44d	1	0.47mi
518 Oak Pl Fairfield, AL	3.0	1.0	1236	$875	$0.71	20d	1	0.48mi
704 61st St Fairfield, AL	3.0	1.0	1184	$1,050	$0.89	24d	1	0.49mi
5503 Myron Massey Blvd Fairfield, AL	3.0	2.0	1119	$1,200	$1.07	44d	1	0.50mi
5406 Court G Unit G Fairfield, AL	3.0	2.0	1449	$1,199	$0.83	12d	1	0.51mi
5219 Court G Unit G Fairfield, AL	3.0	1.0	1140	$950	$0.83	24d	1	0.53mi
5001 Farrell Ave Fairfield, AL	2.0	1.0	1218	$995	$0.82	44d	1	0.53mi
502 64th St Fairfield, AL	3.0	1.0	1250	$695	$0.56	44d	1	0.58mi
829 51st Street Ensley Birmingham, AL	3.0	1.0	1203	$1,340	$1.11	4d	1	0.66mi
5300 Avenue I Birmingham, AL	4.0	2.0	1360	$1,500	$1.10	2d	1	0.67mi
621 Valley Rd Fairfield, AL	2.0	1.0	935	$900	$0.96	44d	1	0.69mi
813 46th St Fairfield, AL	2.0	1.0	1100	$825	$0.75	11d	1	0.69mi
5709 Court H Birmingham, AL	4.0	1.5	1455	$1,400	$0.96	2d	1	0.70mi
5316 Court I Birmingham, AL	3.0	2.0	1284	$1,200	$0.93	44d	1	0.73mi
5521 Court I Birmingham, AL	3.0	2.0	1545	$1,100	$0.71	44d	1	0.78mi
920 47th Street Ensley Birmingham, AL	3.0	1.0	1070	$895	$0.84	4d	1	0.78mi
521 41st St Fairfield, AL	4.0	2.0	1800	$1,300	$0.72	44d	1	0.79mi
728 41st St Fairfield, AL	3.0	1.0	1316	$1,100	$0.84	44d	1	0.80mi
1309 41st St Fairfield, AL	3.0	1.0	1070	$1,200	$1.12	44d	1	0.82mi
518 41st St Fairfield, AL	3.0	2.0	1095	$1,200	$1.10	44d	1	0.83mi
931 41st Street Ensley Birmingham, AL	2.0	1.5	1048	$995	$0.95	4d	1	0.92mi
1037 47th Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1299	$1,000	$0.77	44d	1	0.98mi
6516 Millard Fuller Rd Fairfield, AL	3.0	1.5	1120	$950	$0.85	3d	1	1.05mi
1112 47th St W Birmingham, AL	2.0	1.0	1166	$975	$0.84	44d	1	1.06mi
6629 Grasselli Rd Fairfield, AL	4.0	1.0	1114	$1,295	$1.16	44d	1	1.08mi
4716 Court M Birmingham, AL	4.0	1.0	932	$1,200	$1.29	44d	1	1.12mi
1312 Gulfport St Birmingham, AL	3.0	1.5	1376	$1,100	$0.80	44d	1	1.14mi
1400 Indiana St Birmingham, AL	3.0	1.0	1020	$1,200	$1.18	44d	1	1.14mi
1300 Gulfport St Birmingham, AL	3.0	2.0	1778	$1,200	$0.67	44d	1	1.17mi
3517 Avenue F Birmingham, AL	3.0	2.0	1155	$1,200	$1.04	44d	1	1.17mi
1232 Frisco St Birmingham, AL	4.0	2.0	1332	$1,295	$0.97	2d	1	1.18mi
1226 Frisco St Birmingham, AL	4.0	2.0	1232	$1,245	$1.01	12d	1	1.20mi
1221 Frisco St Birmingham, AL	2.0	1.0	934	$950	$1.02	44d	1	1.20mi

Listing history 19 events

1. 2026-06-19
   status $97,500 Pending 35 DOM
2. 2026-06-18
   days on market $97,500 Contingent 35 DOM
3. 2026-06-17
   days on market $97,500 Contingent 34 DOM
4. 2026-06-16
   days on market $97,500 Contingent 33 DOM
5. 2026-06-15
   days on market $97,500 Contingent 32 DOM
6. 2026-06-13
   statusdays on market $97,500 Contingent 30 DOM
7. 2026-06-10
   days on market $97,500 Active 27 DOM
8. 2026-06-09
   days on market $97,500 Active 26 DOM
9. 2026-06-08
   days on market $97,500 Active 25 DOM
10. 2026-06-07
    days on market $97,500 Active 24 DOM
11. 2026-06-03
    days on market $97,500 Active 20 DOM
12. 2026-06-02
    days on market $97,500 Active 19 DOM
13. 2026-06-01
    days on market $97,500 Active 18 DOM
14. 2026-05-31
    days on market $97,500 Active 17 DOM
15. 2026-05-14
    listed $97,500 Active 415-char remark
16. 2013-04-09
    soldstatus $30,750 227-char remark

    Show marketing remark (227 chars)

    Investors, this house has long term Sec. 8 renters paying $710. New carpet, new paint, new AC, updated electrical, new roof, new plumbing - What bank can you put $34,900 and get $710 per month interest. .. .. Bring us an offer!

17. 2012-10-11
    listed $34,900 227-char remark

    Show marketing remark (227 chars)

    Investors, this house has long term Sec. 8 renters paying $710. New carpet, new paint, new AC, updated electrical, new roof, new plumbing - What bank can you put $34,900 and get $710 per month interest. .. .. Bring us an offer!

18. 2005-09-20
    soldstatus $40,000
19. 2005-09-20
    soldstatus $40,000

ⓘ 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: $988 · $82/mo
• Projected year-2 tax: $988 · $82/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 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 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,838
• − Mortgage interest: −$5,462
• − Property taxes: −$988
• − Insurance: −$488
• − Repairs & maintenance: −$1,107
• − Management: −$1,107
• − Depreciation: −$2,836
• Taxable income: $1,851
• Est. tax owed @ 24.0%: −$444
• After-tax cash flow: $2,877/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: Fairfield City
• NCES district ID: 0101440
• Math proficiency: 2% ▼ -18.00%
• Reading proficiency: 15% ▼ -4.00%
• Median HH income: $35,288
• Composite: 6.92/100
• National rank: #9974
• State rank: #125 of 129 in AL

Livability — Fairfield

• Score: 64/100
• State rank: #160
• US rank: #14390

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fairfield, AL
• County: Jefferson County · 527,445 people
• City population: 9,872
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 9,872
• Household income: $48,692
• Rent vs Own: 40.5% rent · 59.5% own
• Severe rent burden: 784.0

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 (91%)
• Race & ethnicity: Black 91% White 7% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 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: ▼ -50.47%
• Current HPI: 124.7012
• Rent YoY: —
• 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

+143.8% since first listed

6 events — show timeline

• 2026-06-12 Contingent — VMLS
• 2026-05-14 Listed $97,500 VMLS
• 2013-04-09 Sold (MLS) $30,750 Greater Alabama MLS
• 2012-10-11 Listed $34,900 Greater Alabama MLS
• 2005-09-20 Sold (Public Records) $40,000 Public Records
• 2005-09-20 Sold (Public Records) $40,000 Public Records

Property tax history

+2.5%/yr

Latest (2025): $988 · -1.6% YoY. Source: county tax records.