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113 Knight Ave
B+ Composite 77.84
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
  • DSCR +10.0/10.0
  • 1% rule +8.7/10.0
  • Appreciation +4.7/10.0
  • Rent growth +2.9/5.0
  • Livability +2.9/5.0
  • Condition / age +2.2/5.0
  • Schools +1.4/10.0

$75,000

113 Knight Ave · Hueytown, AL 35023
2 bd · 1.0 ba · 750 sqft · SingleFamily public records · 91 Days on market
Built 1940 Fair condition 7,405 sqft lot $100/sqft · 30% below area Est $108k · 30% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

A very nice single family home in the heart of Hueytown. This property is newly renovated and has 2 bedrooms and 1 bathroom that features a front porch, granite counters, and has new luxury flooring! Located near shopping including Publix. Make this property your new home or investment today!

Key facts

  • 7,405 sq ft lot
  • Built 1940
  • Listed 91 days

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $75k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $334 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $75k).
  • Recommended offer: $68k (9.0% below list) — sets the bar for market timing.
  • Cap rate 11.6% vs local median 5.8% 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: Hueytown Primary School (653 students, 64% FRL); Hueytown Middle School (math 0% / reading 30%, grade F, #206 of 257 statewide, top 80%, 789 students, 62% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 68% FRL vs 49% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.6%/yr); 295 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% 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 $69 of equity ($519 loan paydown + $-450 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 $21k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 91 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 7y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $45k; list at $75k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1940 — 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 $68,250 (9.0% below list)

Questions for the listing agent

  1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
1.37%
Cap rate
11.64%
Cash-on-cash
19.10%
DSCR
1.85
GRM
6.1

CMA / ARV

ARV (median comp)
$107,689
List price
$75,000
Delta
-30.35%
Verdict
UNDERPRICED
Comps
16 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
118 Holly St 0.34mi 2/1.0 784 (+4%) 9mo $115,000 $147 69
3144 Allison Bonnett Memorial Dr 0.86mi 2/1.0 805 (+7%) 1mo $53,000 $66 52
116 Ivy Ave 0.80mi 2/1.0 851 (+14%) 6mo $80,000 $94 38
103 Cedar St 1.00mi 2/1.0 839 (+12%) 10mo $54,000 $64 37
122 June Ave 0.87mi 2/1.0 866 (+16%) 9mo $63,000 $73 32
200 Woodward Dr 1.12mi 3/1.0 (+1) 890 (+19%) 5mo $102,000 $115 31
207 June Ave 0.91mi 2/1.0 851 (+14%) 14mo $130,000 $153 31

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

5-year hold
IRR
16.2%
Equity multiple
1.74×
Total profit
$15,572
Equity at exit
$19,555
10-year hold
IRR
20.4%
Equity multiple
3.04×
Total profit
$42,785
Equity at exit
$21,797

Cash invested: $21,000 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
4 active · 2 under contract
Months of supply
12.0 mo (8%/mo absorbed)
Median asking
$110,400 ($125/sqft)
Median days on market
119 d
This list price
lowest-priced of the active set
ARV vs active asking
+14.6% 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
295
Price-to-rent
6.1×

Monthly cashflow live

Estimated rent
$1,028 high interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$53 /mo · $635/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$216
Net cashflow
$334

Break-even live

Break-even rent $604
Max offer price $75,000
Occupancy floor 62%

Sensitivity live

Price -10% $377 -5% $356 +0% $334 +5% $313 +10% $292
Rent -10% $253 -5% $294 +0% $334 +5% $375 +10% $415
Rate -1.0pp $372 -0.5pp $353 base $334 +0.5pp $315 +1.0pp $295

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
$18,750
Closing costs
$2,250
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
200 Love St Bessemer, AL 2.0 1.0 675 $1,100 $1.63 93d 1 0.65mi
301 Autumn Brook Ter Unit 401 Hueytown, AL 1.0 1.0 695 $850 $1.22 70d 1 0.81mi
109 Oak Ave Bessemer, AL 3.0 1.0 1120 $1,200 $1.07 52d 1 0.86mi
2020 High School Rd Unit C Bessemer, AL 2.0 1.0 733 $750 $1.02 63d 1 0.95mi
2020 High School Rd Apt H Bessemer, AL 2.0 1.0 733 $600 $0.82 17d 1 0.95mi
119 Lakeland Ave Bessemer, AL 3.0 1.0 1042 $1,125 $1.08 72d 1 1.00mi
216 Pine St Bessemer, AL 3.0 2.0 1000 $1,200 $1.20 93d 1 1.05mi
107 Wheeler Dr Bessemer, AL 2.0 1.0 950 $950 $1.00 93d 1 1.13mi
200 Woodward Dr Bessemer, AL 3.0 1.0 900 $1,123 $1.25 51d 1 1.13mi
1409 Hueytown Rd Apt 63 Bessemer, AL 2.0 1.0 876 $995 $1.14 93d 1 1.14mi
1409 Hueytown Rd Unit 09 Bessemer, AL 1.0 1.0 695 $850 $1.22 93d 1 1.14mi
309 Sunrise Blvd Bessemer, AL 2.0 1.0 1105 $1,160 $1.05 60d 1 1.17mi
116 Vail Ave Bessemer, AL 2.0 1.0 1008 $925 $0.92 17d 1 1.18mi
425 Oakwood Ave Bessemer, AL 2.0–3.0 2.0 1082 $875 $0.81 25d 2 1.30mi
1444 Hueytown Rd Unit B Hueytown, AL 2.0 1.0 725 $900 $1.24 39d 1 1.34mi
1565 Miles St Dolomite, AL 3.0 2.0 1120 $1,150 $1.03 46d 1 1.40mi
650 S Parkell Ave Unit 686 Bessemer, AL 2.0 1.0 936 $875 $0.93 31d 1 1.41mi
106 Walker Ave Bessemer, AL 1.0 1.0 576 $725 $1.26 25d 1 1.44mi
2822 Brooklane Dr Bessemer, AL 2.0 1.0 975 $1,000 $1.03 93d 1 1.45mi
622 S Parkell Ave Bessemer, AL 3.0 1.0 963 $1,200 $1.25 93d 1 1.45mi

Property features AI

Finance

Other
Parcel ID: 30-00-20-3-001-011.001Lot size approximately 0.17 acresSubdivision: Hueytown

Exterior

Parking
Off-street parking
Utilities
Public waterConnected sewerElectric water heaterUnderground utilitiesInternet service available
Home design
Existing homeSingle-story entry (all main level rooms listed)
Construction
Brick construction (1–4 sides listed as brick)Crawl space foundationBuilt (existing) — year not specified
Exterior features
Covered porchCovered patioCovered deckCity viewNot waterfrontNo poolLot view present

Interior

Kitchen
Stone kitchen countertopsConvection oven
Bedrooms
Master bedroom on main levelAdditional bedroom on main level
Flooring
Hardwood
Bathrooms
One full bathroom with tub/shower combo on main level
Heating & cooling
Central heatingCentral cooling
Interior features
750 sq. ft. living area (per tax report)Hardwood floorsBrick fireplaceCeilings: see remarksAttic with pull-down accessHas laundry
Laundry & utility
Washer hookupElectric dryer hookupLaundry located on main levelLaundry space: other (see remarks)

Listing history 50 events

  1. 2026-07-31
    days on market $75,000 Active 91 DOM
  2. 2026-07-30
    days on market $75,000 Active 89 DOM
  3. 2026-07-28
    days on market $75,000 Active 88 DOM
  4. 2026-07-26
    days on market $75,000 Active 86 DOM
  5. 2026-07-24
    days on market $75,000 Active 84 DOM
  6. 2026-07-23
    days on market $75,000 Active 83 DOM
  7. 2026-07-22
    days on market $75,000 Active 82 DOM
  8. 2026-07-21
    days on market $75,000 Active 81 DOM
  9. 2026-07-20
    days on market $75,000 Active 80 DOM
  10. 2026-07-19
    days on market $75,000 Active 78 DOM
  11. 2026-07-18
    days on market $75,000 Active 77 DOM
  12. 2026-07-16
    days on market $75,000 Active 76 DOM
  13. 2026-07-15
    days on market $75,000 Active 75 DOM
  14. 2026-07-14
    days on market $75,000 Active 74 DOM
  15. 2026-07-13
    days on market $75,000 Active 73 DOM
  16. 2026-07-13
    days on market $75,000 Active 72 DOM
  17. 2026-07-11
    days on market $75,000 Active 71 DOM
  18. 2026-07-10
    days on market $75,000 Active 70 DOM
  19. 2026-07-09
    days on market $75,000 Active 69 DOM
  20. 2026-07-07
    days on market $75,000 Active 67 DOM
  21. 2026-07-06
    days on market $75,000 Active 66 DOM
  22. 2026-07-05
    days on market $75,000 Active 65 DOM
  23. 2026-07-03
    days on market $75,000 Active 63 DOM
  24. 2026-07-02
    days on market $75,000 Active 62 DOM
  25. 2026-07-01
    days on market $75,000 Active 61 DOM
  26. 2026-06-30
    days on market $75,000 Active 60 DOM
  27. 2026-06-29
    days on market $75,000 Active 59 DOM
  28. 2026-06-28
    days on market $75,000 Active 58 DOM
  29. 2026-06-27
    days on market $75,000 Active 57 DOM
  30. 2026-06-27
    days on market $75,000 Active 56 DOM
  31. 2026-06-25
    days on market $75,000 Active 54 DOM
  32. 2026-06-22
    days on market $75,000 Active 52 DOM
  33. 2026-06-22
    days on market $75,000 Active 51 DOM
  34. 2026-06-18
    days on market $75,000 Active 48 DOM
  35. 2026-06-17
    days on market $75,000 Active 47 DOM
  36. 2026-06-16
    days on market $75,000 Active 46 DOM
  37. 2026-06-15
    days on market $75,000 Active 45 DOM
  38. 2026-06-13
    days on market $75,000 Active 43 DOM
  39. 2026-06-10
    pricedays on market $75,000 Active 40 DOM
  40. 2026-06-09
    days on market $79,900 Active 39 DOM
  41. 2026-06-08
    days on market $79,900 Active 38 DOM
  42. 2026-06-07
    days on market $79,900 Active 37 DOM
  43. 2026-06-03
    days on market $79,900 Active 33 DOM
  44. 2026-06-02
    days on market $79,900 Active 32 DOM
  45. 2026-06-01
    days on market $79,900 Active 31 DOM
  46. 2026-05-31
    days on market $79,900 Active 30 DOM
  47. 2026-05-01
    listed $79,900 Active 167-char remark
  48. 2025-11-27
    historical $900
  49. 2025-11-04
    listed $900
  50. 2025-11-04
    historical $900

ⓘ 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
$635 · $53/mo
Projected year-2 tax
$635 · $53/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 2/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥108°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 3 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
$12,331
− Mortgage interest
−$4,201
− Property taxes
−$635
− Insurance
−$375
− Repairs & maintenance
−$986
− Management
−$986
− Depreciation
−$2,182
Taxable income
$2,965
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$712
After-tax cash flow
$3,300/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

Fair 45/100 Cosmetic rehab Est. rehab $3,750–$11,250 screening

The home is move-in ready with minor cosmetic updates needed to improve its resale and rental value.

Components & finishes AI

Roof asphalt shingle · good Flooring hardwood Counters granite Appliances white HVAC central · new lt5

Repairs flagged

  • Major Kitchen appliances — Old appliances may need replacement to improve functionality and appearance.
  • Minor Bathroom fixtures — Fixtures appear functional but may need updating for a more modern look.

Value-add opportunities

  • Resale Replace kitchen appliances — Modern appliances will attract more buyers and improve the home's appeal.
  • Rental Replace worn flooring — Fresh flooring will make the home more appealing to renters and improve its rental value.

ⓘ 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.

F Composite school gradezoned avg 14/100

Zoned Schools

Elementary Hueytown Primary School Middle Hueytown Middle School F AL #206/257 Nat'l #12,632/14,009 High Hueytown High School F AL #235/305 Nat'l #15,655/17,239

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
D Composite livability gradescore 57/100

Livability — Hueytown

Score
57/100
State rank
#378
US rank
#21611

Category grades

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

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
15.1% rent · 84.9% 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

Price history

+275.0% since first listed
32 events — show timeline
  • 2026-06-10 Price Changed $75,000 Greater Alabama MLS
  • 2026-05-01 Listed $79,900 Greater Alabama MLS
  • 2025-11-27 Rental Removed $900 APPFOLIO
  • 2025-11-04 Listed for Rent $900 APPFOLIO
  • 2025-11-04 Rental Removed $900 SHOWMOJO
  • 2025-10-24 Price Changed $900 SHOWMOJO
  • 2025-09-03 Listed for Rent $925 SHOWMOJO
  • 2025-08-22 Rental Removed $900 SHOWMOJO
  • 2025-08-02 Price Changed $900 SHOWMOJO
  • 2025-07-18 Listed for Rent $925 SHOWMOJO
  • 2022-11-14 Sold (Public Records) $45,000 Public Records
  • 2022-11-08 Sold (MLS) $45,000 Greater Alabama MLS
  • 2022-10-14 Contingent Greater Alabama MLS
  • 2022-09-22 Price Changed $55,000 Greater Alabama MLS
  • 2022-08-24 Price Changed $65,000 Greater Alabama MLS
  • 2022-08-22 Relisted Greater Alabama MLS
  • 2022-08-14 Contingent Greater Alabama MLS
  • 2022-08-03 Price Changed $70,000 Greater Alabama MLS
  • 2022-07-21 Relisted Greater Alabama MLS
  • 2022-07-05 Contingent Greater Alabama MLS
  • 2022-06-18 Price Changed $74,000 Greater Alabama MLS
  • 2022-06-09 Relisted Greater Alabama MLS
  • 2022-06-04 Contingent Greater Alabama MLS
  • 2022-05-16 Price Changed $79,000 Greater Alabama MLS
  • 2022-04-30 Price Changed $85,000 Greater Alabama MLS
  • 2022-04-11 Listed $90,000 Greater Alabama MLS
  • 2019-09-18 Sold (Public Records) $78,500 Public Records
  • 2019-09-13 Sold (MLS) $80,000 Greater Alabama MLS
  • 2019-09-13 Sold (MLS) $78,500 Greater Alabama MLS
  • 2019-08-01 Listed $78,500 Greater Alabama MLS
  • 2019-07-02 Listed $80,000 Greater Alabama MLS
  • 1998-05-06 Sold (Public Records) $20,000 Public Records

Property tax history

+5.9%/yr

Latest (2025): $635 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…