5401 Myron Massey Blvd · Fairfield, AL 35064

$109,900

3 bd · 1.0 ba · 1,392 sqft · SingleFamily public records

Built 1940 6,534 sqft lot Est $104k · 5% over

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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 +25.1/30.0
• DSCR +8.2/10.0
• 1% rule +5.8/10.0
• ARV discount +5.1/15.0
• 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

This spacious home is located in the heart of Fairfield. .. .only minutes away from grocery store, restaurants and much more. Property has new HVAC unit, new roof, new plumbing, new paint, new kitchen cabinets and counters purchased but will need to be installed. Both bathrooms updated and ready to go! This could actually be a great starter home, investment home rental for section 8 or airbnb.

Key facts

• 6,534 sq ft lot
• Built 1940

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $242 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).

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: Robinson Primary School (math 2% / reading 22%, grade F, #536 of 627 statewide, top 88%, 245 students, 89% FRL) — zoned schools at 89% 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); 62% 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 $760 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.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 2y ago; this cycle's ask is 8354% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

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 $109,900

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.08% ✓
• Cap rate: 8.93%
• Cash-on-cash: 9.43%
• DSCR: 1.42
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $104,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1037 W 51st St	0.45mi	3/2.0	1,392 (0%)	3mo	$174,000	$125	72
6000 Court H	0.37mi	4/1.0 (+1)	1,456 (+5%)	5mo	$153,000	$105	66
513 Oak Pl	0.48mi	3/1.0	1,440 (+3%)	9mo	$30,000	$21	65
821 46th St	0.48mi	3/1.0	1,254 (-10%)	0mo	$116,000	$93	61
704 61st St	0.28mi	3/1.0	1,184 (-15%)	3mo	$88,500	$75	60
405 55th St	0.35mi	3/2.0	1,207 (-13%)	2mo	$99,000	$82	56
513 Lloyd Noland Pkwy	0.52mi	3/1.5	1,212 (-13%)	3mo	$77,900	$64	50
1105 50th St Ensley	0.55mi	3/1.0	1,204 (-14%)	6mo	$106,000	$88	47
101 60th St	0.67mi	3/1.5	1,540 (+11%)	2mo	$90,000	$58	47
5722 Terrace Ave	0.56mi	3/2.0	1,548 (+11%)	8mo	$56,000	$36	44
117 62nd St	0.69mi	2/1.0 (-1)	1,220 (-12%)	9mo	$61,000	$50	35
949 44th St	0.66mi	3/2.5	1,595 (+15%)	9mo	$94,000	$59	32

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: -2.1%
• Equity multiple: 0.92×
• Total profit: $-2,424
• Equity at exit: $16,386

10-year hold

• IRR: 7.6%
• Equity multiple: 1.57×
• Total profit: $17,644
• Equity at exit: $9,502

Cash invested: $30,772 (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

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: 7.7×

Monthly cashflow live

• Estimated rent: $1,190 high
• Mortgage (P&I): −$576
• Tax from tax record: −$76 /mo · $918/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $242

Break-even live

Break-even rent $884

Max offer price $109,900

Occupancy floor 75%

Sensitivity live

Price	-10% $304	-5% $273	+0% $242	+5% $211	+10% $180
Rent	-10% $148	-5% $195	+0% $242	+5% $289	+10% $336
Rate	-1.0pp $297	-0.5pp $270	base $242	+0.5pp $213	+1.0pp $184

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5503 Myron Massey Blvd Fairfield, AL	3.0	2.0	1119	$1,200	$1.07	44d	1	0.04mi
5406 Court G Unit G Fairfield, AL	3.0	2.0	1449	$1,199	$0.83	12d	1	0.04mi
5219 Court G Unit G Fairfield, AL	3.0	1.0	1140	$950	$0.83	24d	1	0.12mi
5300 Avenue I Birmingham, AL	4.0	2.0	1360	$1,500	$1.10	2d	1	0.22mi
5709 Court H Birmingham, AL	4.0	1.5	1455	$1,400	$0.96	2d	1	0.24mi
829 51st Street Ensley Birmingham, AL	3.0	1.0	1203	$1,340	$1.11	4d	1	0.24mi
704 61st St Fairfield, AL	3.0	1.0	1184	$1,050	$0.89	24d	1	0.25mi
5316 Court I Birmingham, AL	3.0	2.0	1284	$1,200	$0.93	44d	1	0.27mi
5521 Court I Birmingham, AL	3.0	2.0	1545	$1,100	$0.71	44d	1	0.30mi
410 54th St Fairfield, AL	2.0	1.0	1068	$700	$0.66	3d	1	0.37mi
328 54th St Unit B Fairfield, AL	2.0	1.0	1570	$750	$0.48	44d	1	0.41mi
435 62nd St Fairfield, AL	3.0	2.0	1249	$985	$0.79	44d	1	0.42mi
502 64th St Fairfield, AL	3.0	1.0	1250	$695	$0.56	44d	1	0.47mi
813 46th St Fairfield, AL	2.0	1.0	1100	$825	$0.75	11d	1	0.50mi
513 Oak Pl Fairfield, AL	4.0	2.0	1440	$1,300	$0.90	24d	1	0.50mi
920 47th Street Ensley Birmingham, AL	3.0	1.0	1070	$895	$0.84	4d	1	0.51mi
518 Oak Pl Fairfield, AL	3.0	1.0	1236	$875	$0.71	19d	1	0.52mi
209 58th St Fairfield, AL	3.0	2.0	1468	$1,200	$0.82	44d	1	0.53mi
304 52nd St Fairfield, AL	4.0	2.0	1355	$1,000	$0.74	44d	1	0.53mi
5722 Terrace Ave Fairfield, AL	4.0	2.0	1548	$1,495	$0.97	44d	1	0.55mi
5001 Farrell Ave Fairfield, AL	2.0	1.0	1218	$995	$0.82	44d	1	0.60mi
109 59th St Fairfield, AL	4.0	1.0	1344	$1,200	$0.89	12d	1	0.62mi
1037 47th Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1299	$1,000	$0.77	44d	1	0.63mi
621 Valley Rd Fairfield, AL	2.0	1.0	935	$900	$0.96	44d	1	0.64mi
1112 47th St W Birmingham, AL	2.0	1.0	1166	$975	$0.84	44d	1	0.70mi
1309 41st St Fairfield, AL	3.0	1.0	1070	$1,200	$1.12	44d	1	0.72mi
4716 Court M Birmingham, AL	4.0	1.0	932	$1,200	$1.29	44d	1	0.72mi
931 41st Street Ensley Birmingham, AL	2.0	1.5	1048	$995	$0.95	4d	1	0.76mi
728 41st St Fairfield, AL	3.0	1.0	1316	$1,100	$0.84	44d	1	0.81mi
1345 46th Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1617	$1,175	$0.73	4d	1	0.85mi
1417 Bessemer Rd Birmingham, AL	3.0	1.0	1688	$1,200	$0.71	44d	1	0.85mi
1340 Pineview Rd Birmingham, AL	3.0	2.0	1116	$1,075	$0.96	44d	1	0.86mi
1341 Pineview Rd Birmingham, AL	4.0	2.0	1409	$1,300	$0.92	44d	1	0.88mi
521 41st St Fairfield, AL	4.0	2.0	1800	$1,300	$0.72	44d	1	0.89mi
1410 46th Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1200	$1,000	$0.83	44d	1	0.91mi
5717 Avenue O Unit O Birmingham, AL	3.0	2.0	1029	$1,250	$1.21	44d	1	0.91mi
5725 Avenue O Unit O Birmingham, AL	3.0	1.0	957	$1,073	$1.12	24d	1	0.92mi
5604 Terrace O Birmingham, AL	4.0	1.0	1072	$1,325	$1.24	44d	1	0.94mi
518 41st St Fairfield, AL	3.0	2.0	1095	$1,200	$1.10	44d	1	0.94mi
373 Belcher Dr Birmingham, AL	4.0	1.0	1255	$1,100	$0.88	44d	1	0.94mi

Listing history 21 events

1. 2025-12-22
   historical $1,250
2. 2025-11-19
   price $1,250
3. 2025-11-01
   listed $1,300
4. 2025-11-01
   historical $1,300
5. 2025-10-07
   price $1,300
6. 2025-09-13
   price $1,400
7. 2025-08-11
   soldstatus $105,000
8. 2025-07-29
   price $1,450
9. 2025-07-14
   listed $109,900
10. 2025-07-10
    price $1,000
11. 2025-07-07
    price $109,899
12. 2025-06-28
    price $109,900
13. 2025-06-21
    price $1,100
14. 2025-05-09
    price $1,200
15. 2025-05-01
    historical $1,300
16. 2025-05-01
    listed $1,300
17. 2025-02-14
    listed $1,300
18. 2025-01-13
    soldstatus $80,000
19. 2025-01-08
    soldstatus $80,000 Sold 396-char remark

    Show marketing remark (396 chars)

    This spacious home is located in the heart of Fairfield. .. .only minutes away from grocery store, restaurants and much more. Property has new HVAC unit, new roof, new plumbing, new paint, new kitchen cabinets and counters purchased but will need to be installed. Both bathrooms updated and ready to go! This could actually be a great starter home, investment home rental for section 8 or airbnb.

20. 2025-01-07
    status Pending 396-char remark

    Show marketing remark (396 chars)

    This spacious home is located in the heart of Fairfield. .. .only minutes away from grocery store, restaurants and much more. Property has new HVAC unit, new roof, new plumbing, new paint, new kitchen cabinets and counters purchased but will need to be installed. Both bathrooms updated and ready to go! This could actually be a great starter home, investment home rental for section 8 or airbnb.

21. 2024-12-13
    listed $85,900 Active 396-char remark

    Show marketing remark (396 chars)

    This spacious home is located in the heart of Fairfield. .. .only minutes away from grocery store, restaurants and much more. Property has new HVAC unit, new roof, new plumbing, new paint, new kitchen cabinets and counters purchased but will need to be installed. Both bathrooms updated and ready to go! This could actually be a great starter home, investment home rental for section 8 or airbnb.

ⓘ 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: $918 · $76/mo
• Projected year-2 tax: $918 · $76/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 ≥108°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: $14,285
• − Mortgage interest: −$6,156
• − Property taxes: −$918
• − Insurance: −$550
• − Repairs & maintenance: −$1,143
• − Management: −$1,143
• − Depreciation: −$3,197
• Taxable income: $1,179
• Est. tax owed @ 24.0%: −$283
• After-tax cash flow: $2,619/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

-98.5% since first listed

21 events — show timeline

• 2025-12-22 Rental Removed $1,250 BUILDIUM
• 2025-11-19 Price Changed $1,250 BUILDIUM
• 2025-11-01 Listed for Rent $1,300 BUILDIUM
• 2025-11-01 Rental Removed $1,300 TENANTTURNER2
• 2025-10-07 Price Changed $1,300 TENANTTURNER2
• 2025-09-13 Price Changed $1,400 TENANTTURNER2
• 2025-08-11 Sold (Public Records) $105,000 Public Records
• 2025-07-29 Price Changed $1,450 TENANTTURNER2
• 2025-07-14 Listed $109,900 Greater Alabama MLS
• 2025-07-10 Price Changed $1,000 TENANTTURNER2
• 2025-07-07 Price Changed $109,899 Greater Alabama MLS
• 2025-06-28 Price Changed $109,900 Greater Alabama MLS
• 2025-06-21 Price Changed $1,100 TENANTTURNER2
• 2025-05-09 Price Changed $1,200 TENANTTURNER2
• 2025-05-01 Rental Removed $1,300 BUILDIUM
• 2025-05-01 Listed for Rent $1,300 TENANTTURNER2
• 2025-02-14 Listed for Rent $1,300 BUILDIUM
• 2025-01-13 Sold (Public Records) $80,000 Public Records
• 2025-01-08 Sold (MLS) $80,000 Greater Alabama MLS
• 2025-01-07 Pending — Greater Alabama MLS
• 2024-12-13 Listed $85,900 Greater Alabama MLS

Property tax history

+1.9%/yr

Latest (2025): $918 · -1.6% YoY. Source: county tax records.