1317 12th St N · Bessemer, AL 35020

$120,000

3 bd · 1.0 ba · 1,428 sqft · SingleFamily public records · 156 Days on market

Built 1920 0.42 ac lot $84/sqft · 61% 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 +22.5/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.4/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don’t miss out on this amazing 3-bedroom, 2-bathroom Bessemer home sitting proudly on a large corner lot with plenty of off-the-road parking! Enjoy the outdoors from your covered front porch or relax on one of the two side porches — perfect for morning coffee or evening wind-downs! Inside, you’ll find large rooms throughout, an extra den, and beautiful finishes that make this home stand out. It’s been renovated with granite countertops, luxury flooring, fresh paint, and stunning hardwood floors — all sitting on a flat, spacious lot that offers endless possibilities.

Key facts

• Covered front porch
• Luxury flooring
• Extra den

Tags

• CORNER LOT
• COVERED FRONT PORCH
• TWO SIDE PORCHES
• EXTRA DEN
• GRANITE COUNTERTOPS
• LUXURY FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $202 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 5.9% in Bessemer — 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 59/100 on livability (#331 in AL) — a working-class tenant base; expect higher turnover. Strengths: commute A+, cost of living A+, housing A; Watch: crime F, amenities F, employment F.
• Bessemer City (suburban): math 3% / reading 19% proficiency, ranked #120 of 129 in AL (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 87% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Jonesboro Elementary School (math 3% / reading 15%, grade F, #593 of 627 statewide, top 95%, 525 students, 78% FRL); Bessemer City Middle School (math 3% / reading 23%, grade F, #215 of 257 statewide, top 84%, 674 students, 88% FRL); Bessemer City High School (math 2% / reading 8%, grade F, #276 of 305 statewide, top 95%, 850 students, 61% FRL).
• Market conditions: Rents falling (-3.1%/yr); 116 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 42% of the median local income ($35k/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 $830 of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 156 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 36% 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 $105,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 156 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — 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. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 8.31%
• Cash-on-cash: 7.20%
• DSCR: 1.32
• GRM: 8.0

CMA / ARV

• ARV (median comp): $74,532
• List price: $120,000
• Delta: 61.00%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1003 10th Ave N	0.39mi	3/2.0	1,372 (-4%)	1mo	$55,000	$40	70
1500 7th Ave N	0.64mi	3/2.0	1,421 (-0%)	3mo	$46,000	$32	63
1009 Westlake Blvd	0.26mi	2/1.5 (-1)	1,257 (-12%)	1mo	$20,000	$16	60
1129 13th St N	0.21mi	3/1.0	1,272 (-11%)	16mo	$80,000	$63	59
2008 Short 14th St N	0.63mi	3/1.0	1,225 (-14%)	2mo	$100,000	$82	46
529 12th St N	0.71mi	3/2.0	1,347 (-6%)	10mo	$90,000	$67	45
1700 N 14th Ave	0.46mi	3/1.0	1,232 (-14%)	21mo	$25,000	$20	38
1303 Berryhill Rd	0.71mi	3/2.0	1,281 (-10%)	13mo	$133,800	$104	35
1328 Berryhill Rd	0.74mi	3/1.0	1,289 (-10%)	20mo	$55,000	$43	33
1300 21st Ave N	0.64mi	3/1.5	1,269 (-11%)	23mo	$89,900	$71	30

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: -8.6%
• Equity multiple: 0.69×
• Total profit: $-10,269
• Equity at exit: $17,892

10-year hold

• IRR: -3.4%
• Equity multiple: 0.80×
• Total profit: $-6,560
• Equity at exit: $10,375

Cash invested: $33,600 (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 35020

• Home prices YoY: -24.2%
• Rents YoY: -3.1%
• Active inventory: 116
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,245 high
• Mortgage (P&I): −$629
• Tax from tax record: −$103 /mo · $1,237/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $202

Break-even live

Break-even rent $990

Max offer price $120,000

Occupancy floor 79%

Sensitivity live

Price	-10% $269	-5% $235	+0% $202	+5% $168	+10% $134
Rent	-10% $103	-5% $152	+0% $202	+5% $251	+10% $300
Rate	-1.0pp $262	-0.5pp $232	base $202	+0.5pp $170	+1.0pp $139

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1015 11th St N Bessemer, AL	2.0	1.0	876	$975	$1.11	13d	1	0.33mi
817 15th St N Bessemer, AL	3.0	2.0	1116	$1,125	$1.01	4d	1	0.54mi
2028 13th St N Bessemer, AL	3.0	2.0	1372	$1,073	$0.78	25d	1	0.57mi
1929 15th St N Bessemer, AL	3.0	2.0	1140	$1,250	$1.10	21d	1	0.61mi
719 16th St N Bessemer, AL	3.0	1.5	1085	$1,075	$0.99	25d	1	0.66mi
2129 13th St N Bessemer, AL	4.0	1.0	1378	$1,445	$1.05	16d	1	0.67mi
1314 22nd Ave N Bessemer, AL	3.0	1.0	1038	$1,000	$0.96	45d	1	0.76mi
830 5th Ave N Bessemer, AL	3.0	1.0	1072	$1,000	$0.93	45d	1	0.85mi
531 W Lake Dr Bessemer, AL	3.0	1.0	1014	$1,200	$1.18	4d	1	0.94mi
806 4th Ave N Bessemer, AL	3.0	1.0	1092	$1,050	$0.96	25d	1	0.94mi
1307 3rd Ave N Bessemer, AL	4.0	1.0	960	$1,200	$1.25	45d	1	0.97mi
512 W Lake Dr Bessemer, AL	3.0	1.0	944	$1,125	$1.19	13d	1	0.99mi
510 W Lake Dr Bessemer, AL	3.0	1.0	950	$1,025	$1.08	17d	1	0.99mi
2234 19th St N Bessemer, AL	2.0	1.0	1106	$975	$0.88	45d	1	1.02mi
428 Willow Ln Bessemer, AL	4.0	2.0	1375	$1,620	$1.18	16d	1	1.04mi
1013 25th Ave N Bessemer, AL	3.0	2.0	1144	$1,546	$1.35	17d	1	1.25mi
1623 26th Ave N Bessemer, AL	2.0	1.0	1004	$1,095	$1.09	13d	1	1.28mi
3447 Jeanne Ln Bessemer, AL	3.0	2.0	1460	$1,850	$1.27	3d	1	1.29mi
1032 26th Ave N Bessemer, AL	3.0	1.0	1724	$1,175	$0.68	4d	1	1.33mi
306 W Lake Cir SW Bessemer, AL	1.0–3.0	1.0–2.0	1004	$1,455	$1.45	3d	1	1.33mi
1315 27th St N Bessemer, AL	4.0	2.0	1439	$1,250	$0.87	45d	1	1.36mi
1036 Rose Hill Cir Bessemer, AL	3.0	2.0	1277	$1,300	$1.02	23d	1	1.40mi
905 26th Ave N Bessemer, AL	4.0	2.0	1218	$1,200	$0.99	3d	1	1.47mi

Listing history 26 events

1. 2026-06-21
   days on market $120,000 Active 156 DOM
2. 2026-06-18
   days on market $120,000 Active 153 DOM
3. 2026-06-17
   days on market $120,000 Active 152 DOM
4. 2026-06-16
   days on market $120,000 Active 151 DOM
5. 2026-06-15
   days on market $120,000 Active 150 DOM
6. 2026-06-13
   remarks 629-char remark
7. 2026-06-13
   statusdays on market $120,000 Active 148 DOM
8. 2026-06-10
   days on market $120,000 Contingent 145 DOM
9. 2026-06-09
   days on market $120,000 Contingent 144 DOM
10. 2026-06-08
    days on market $120,000 Contingent 143 DOM
11. 2026-06-07
    days on market $120,000 Contingent 142 DOM
12. 2026-06-05
    days on market $120,000 Contingent 139 DOM
13. 2026-06-03
    days on market $120,000 Contingent 138 DOM
14. 2026-06-02
    days on market $120,000 Contingent 137 DOM
15. 2026-06-01
    days on market $120,000 Contingent 136 DOM
16. 2026-05-31
    days on market $120,000 Contingent 135 DOM
17. 2026-04-30
    status Active 602-char remark

    Show marketing remark (602 chars)

    Don’t miss out on this amazing 3-bedroom, 2-bathroom Bessemer home sitting proudly on a large corner lot with plenty of off-the-road parking! Enjoy the outdoors from your covered front porch or relax on one of the two side porches — perfect for morning coffee or evening wind-downs! Inside, you’ll find large rooms throughout, an extra den, and beautiful finishes that make this home stand out. It’s been renovated with granite countertops, luxury flooring, fresh paint, and stunning hardwood floors — all sitting on a flat, spacious lot that offers endless possibilities.

18. 2026-01-31
    historical Contingent 602-char remark

    Show marketing remark (602 chars)

    Don’t miss out on this amazing 3-bedroom, 2-bathroom Bessemer home sitting proudly on a large corner lot with plenty of off-the-road parking! Enjoy the outdoors from your covered front porch or relax on one of the two side porches — perfect for morning coffee or evening wind-downs! Inside, you’ll find large rooms throughout, an extra den, and beautiful finishes that make this home stand out. It’s been renovated with granite countertops, luxury flooring, fresh paint, and stunning hardwood floors — all sitting on a flat, spacious lot that offers endless possibilities.

19. 2026-01-16
    listed $120,000 Active 602-char remark

    Show marketing remark (602 chars)

    Don’t miss out on this amazing 3-bedroom, 2-bathroom Bessemer home sitting proudly on a large corner lot with plenty of off-the-road parking! Enjoy the outdoors from your covered front porch or relax on one of the two side porches — perfect for morning coffee or evening wind-downs! Inside, you’ll find large rooms throughout, an extra den, and beautiful finishes that make this home stand out. It’s been renovated with granite countertops, luxury flooring, fresh paint, and stunning hardwood floors — all sitting on a flat, spacious lot that offers endless possibilities.

20. 2025-10-30
    historical $1,200
21. 2025-10-29
    listed $1,200
22. 2025-10-28
    historical $1,200
23. 2025-10-28
    listed $1,200
24. 2023-11-03
    soldstatus $128,500
25. 2004-08-20
    soldstatus $56,500
26. 1984-07-24
    soldstatus $28,000

ⓘ 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: $1,237 · $103/mo
• Projected year-2 tax: $1,237 · $103/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 7/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 36% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,945
• − Mortgage interest: −$6,722
• − Property taxes: −$1,237
• − Insurance: −$600
• − Repairs & maintenance: −$1,196
• − Management: −$1,196
• − Depreciation: −$3,491
• Taxable income: $504
• Est. tax owed @ 24.0%: −$121
• After-tax cash flow: $2,297/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: Bessemer City
• NCES district ID: 0100330
• Math proficiency: 3% ▼ -18.00%
• Reading proficiency: 19% ▼ -3.00%
• Median HH income: $29,721
• Composite: 8.45/100
• National rank: #9905
• State rank: #120 of 129 in AL

Livability — Bessemer

• Score: 59/100
• State rank: #331
• US rank: #20078

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bessemer, AL
• County: Jefferson County · 527,445 people
• City population: 48,018
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 24,892
• Household income: $35,362
• Rent vs Own: 40.6% rent · 59.4% own
• Severe rent burden: 1001.0

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 (74%)
• Race & ethnicity: Black 74% Hispanic / Latino 13% White 11% Two or more races 6%
• Hispanic origin (detail): Mexican 10%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 11%

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: ▼ -57.54%
• Current HPI: 179.7702
• Rent YoY: ▼ -3.12%
• 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

+328.6% since first listed

10 events — show timeline

• 2026-04-30 Relisted — Greater Alabama MLS
• 2026-01-31 Contingent — Greater Alabama MLS
• 2026-01-16 Listed $120,000 Greater Alabama MLS
• 2025-10-30 Rental Removed $1,200 APPFOLIO
• 2025-10-29 Listed for Rent $1,200 APPFOLIO
• 2025-10-28 Rental Removed $1,200 SHOWMOJO
• 2025-10-28 Listed for Rent $1,200 SHOWMOJO
• 2023-11-03 Sold (Public Records) $128,500 Public Records
• 2004-08-20 Sold (Public Records) $56,500 Public Records
• 1984-07-24 Sold (Public Records) $28,000 Public Records

Property tax history

+8.1%/yr

Latest (2025): $1,237 · +0.0% YoY. Source: county tax records.