7221 Rome Ave · Birmingham, AL 35206

$120,000

3 bd · 1.0 ba · 936 sqft · SingleFamily public records · 205 Days on market

Built 1972 7,405 sqft lot $128/sqft · 57% 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 +21.9/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 1% rule +4.7/10.0
• Livability +3.4/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEW HVAC! and new paint-inside and out. New cabinets, bathroom updated. All brick home, low maintenance. Income Producing!!! Most recent renter was paying $1000 a month.

Key facts

• 7,405 sq ft lot
• Built 1972
• Listed 205 days

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 $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $116k (3.0% below list).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 6.2% in Birmingham — 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 67/100 on livability (#78 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, schools F, crime F.
• Birmingham City (urban): math 4% / reading 20% proficiency, ranked #116 of 129 in AL (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.8%/yr); 130 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 33% of the median local income ($43k/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 205 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago; this cycle's ask is 9% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→18/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 205 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 1972 — 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 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?
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: 0.97% ✗
• Cap rate: 8.18%
• Cash-on-cash: 6.72%
• DSCR: 1.30
• GRM: 8.6

CMA / ARV

• ARV (median comp): $76,620
• List price: $120,000
• Delta: 56.62%
• 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
7316 Rome Ave	0.12mi	3/1.0	944 (+1%)	5mo	$75,000	$79	89
904 75th St S	0.29mi	3/1.0	1,000 (+7%)	7mo	$139,000	$139	69
7808 Vienna Ave	0.54mi	2/1.0 (-1)	904 (-3%)	5mo	$51,000	$56	60
617 Ruffner Rd	0.61mi	2/1.0 (-1)	915 (-2%)	9mo	$84,500	$92	55
900 75th St S	0.28mi	3/1.0	1,060 (+13%)	13mo	$98,878	$93	54
7300 London Ave	0.44mi	2/1.0 (-1)	840 (-10%)	7mo	$50,000	$60	51
7428 Paris Ave	0.31mi	2/1.0 (-1)	822 (-12%)	13mo	$91,660	$112	50
7404 Paris Ave	0.27mi	2/1.0 (-1)	802 (-14%)	13mo	$47,000	$59	48
7213 Higdon Rd	0.65mi	3/1.5	1,008 (+8%)	12mo	$60,000	$60	45
7801 7th Ave S	0.67mi	3/1.0	1,040 (+11%)	8mo	$125,000	$120	44
783 80th St	0.71mi	2/1.0 (-1)	1,006 (+8%)	10mo	$52,000	$52	41
718 78th St S	0.63mi	2/1.0 (-1)	1,037 (+11%)	8mo	$60,000	$58	41

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 · 1.82% rent growth · sell at horizon

5-year hold

• IRR: -7.2%
• Equity multiple: 0.74×
• Total profit: $-8,866
• Equity at exit: $17,892

10-year hold

• IRR: 0.9%
• Equity multiple: 1.06×
• Total profit: $2,068
• 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 35206

• Home prices YoY: -32.0%
• Rents YoY: 1.8%
• Active inventory: 130
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,165 high
• Mortgage (P&I): −$629
• Tax from tax record: −$52 /mo · $629/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $188

Break-even live

Break-even rent $926

Max offer price $120,000

Occupancy floor 79%

Sensitivity live

Price	-10% $256	-5% $222	+0% $188	+5% $154	+10% $120
Rent	-10% $96	-5% $142	+0% $188	+5% $234	+10% $280
Rate	-1.0pp $249	-0.5pp $219	base $188	+0.5pp $157	+1.0pp $125

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 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7216 Paris Ave Birmingham, AL	3.0	1.5	966	$1,125	$1.16	21d	1	0.15mi
7313 Paris Ave Birmingham, AL	3.0	2.0	1000	$1,395	$1.40	4d	1	0.17mi
7341 Rome Ave Birmingham, AL	3.0	1.0	1000	$1,300	$1.30	45d	1	0.19mi
7341 Rome Ave Birmingham, AL	3.0	1.0	1000	$1,275	$1.27	5d	1	0.19mi
7213 Naples Ave Birmingham, AL	3.0	1.5	925	$1,100	$1.19	45d	1	0.25mi
7213 Naples Ave Birmingham, AL	3.0	1.5	937	$1,100	$1.17	13d	1	0.25mi
7404 Paris Ave Birmingham, AL	3.0	1.5	802	$1,200	$1.50	45d	1	0.27mi
836 Vanderbilt St Birmingham, AL	3.0	1.0	1072	$850	$0.79	25d	1	0.41mi
756 Vanderbilt St Birmingham, AL	3.0	2.0	1096	$1,000	$0.91	45d	1	0.46mi
630 77th St S Birmingham, AL	2.0	2.0	1100	$983	$0.89	4d	1	0.48mi
7808 Vienna Ave Birmingham, AL	2.0	1.0	904	$850	$0.94	45d	1	0.56mi
7740 Rugby Ave Unit b Birmingham, AL	2.0	1.0	800	$1,100	$1.38	45d	1	0.56mi
7740 Rugby Ave Unit 2 Birmingham, AL	2.0	1.0	800	$1,000	$1.25	45d	1	0.56mi
7825 Rugby Ct Birmingham, AL	2.0	1.0	929	$875	$0.94	23d	1	0.58mi
7728 Rugby Ave Birmingham, AL	2.0	1.0	700	$850	$1.21	45d	1	0.60mi
7701 7th Ave S Birmingham, AL	2.0	1.0	800	$850	$1.06	25d	1	0.62mi
832 79th Pl S Birmingham, AL	3.0	1.0	960	$1,250	$1.30	25d	1	0.63mi
7823 Rugby Ave Birmingham, AL	3.0	1.0	1023	$1,175	$1.15	45d	1	0.63mi
605 71st St S Birmingham, AL	3.0	1.5	1024	$1,303	$1.27	4d	1	0.72mi
764 81st St S Unit B Birmingham, AL	2.0	1.0	800	$800	$1.00	45d	1	0.84mi
7025 4th Ave S Birmingham, AL	3.0	1.0	1090	$845	$0.78	45d	1	0.87mi
7801 3rd Ave S Unit B Birmingham, AL	2.0	1.5	1100	$1,000	$0.91	45d	1	0.89mi
7829 3rd Ave S Birmingham, AL	3.0	1.5	1005	$1,025	$1.02	45d	1	0.92mi
6732 Frankfort Ave Birmingham, AL	3.0	1.0	924	$995	$1.08	45d	1	0.93mi
8122 Rugby Ave Unit B Birmingham, AL	2.0	1.0	900	$795	$0.88	45d	1	0.95mi
7721 1st Ave S Birmingham, AL	3.0	1.0	956	$949	$0.99	25d	1	0.96mi
7716 Sunrise Cir Birmingham, AL	1.0–2.0	1.0	795	$1,000	$1.26	45d	1	0.97mi
6936 66th St S Birmingham, AL	3.0	1.0	880	$1,050	$1.19	45d	1	0.98mi
7728 1st Ave S Apt C Birmingham, AL	2.0	1.0	950	$950	$1.00	45d	1	1.01mi
8035 4th Ave S Birmingham, AL	3.0	2.0	1096	$1,050	$0.96	45d	1	1.01mi
8229 9th Ave S Birmingham, AL	2.0	1.0	997	$1,195	$1.20	4d	1	1.01mi
7005 2nd Ave S Birmingham, AL	2.0	1.0	939	$950	$1.01	45d	1	1.03mi
730 82nd Pl S Birmingham, AL	3.0	1.0	896	$1,023	$1.14	5d	1	1.03mi
7119 1st Ave S Birmingham, AL	2.0	1.0	720	$1,000	$1.39	45d	1	1.04mi
2208 3rd Ave S Irondale, AL	3.0	1.0	934	$1,350	$1.45	45d	1	1.05mi
201 70th St S Birmingham, AL	2.0	1.0	989	$950	$0.96	45d	1	1.05mi
8211 Rugby Ave Birmingham, AL	4.0	1.0	966	$1,250	$1.29	45d	1	1.15mi
7017 Division Ave Birmingham, AL	3.0	1.0	1100	$1,050	$0.95	45d	1	1.15mi
8021 1st Ave S Unit A Birmingham, AL	3.0	1.0	980	$950	$0.97	25d	1	1.16mi
8129 2nd Ave S Unit B Birmingham, AL	2.0	1.0	900	$800	$0.89	45d	1	1.19mi

Listing history 28 events

1. 2026-06-21
   days on market $120,000 Active 205 DOM
2. 2026-06-18
   days on market $120,000 Active 202 DOM
3. 2026-06-17
   days on market $120,000 Active 201 DOM
4. 2026-06-16
   days on market $120,000 Active 200 DOM
5. 2026-06-15
   days on market $120,000 Active 199 DOM
6. 2026-06-13
   days on market $120,000 Active 197 DOM
7. 2026-06-10
   days on market $120,000 Active 194 DOM
8. 2026-06-09
   days on market $120,000 Active 193 DOM
9. 2026-06-08
   days on market $120,000 Active 192 DOM
10. 2026-06-07
    days on market $120,000 Active 191 DOM
11. 2026-06-03
    days on market $120,000 Active 187 DOM
12. 2026-06-02
    days on market $120,000 Active 186 DOM
13. 2026-06-01
    days on market $120,000 Active 185 DOM
14. 2026-05-31
    days on market $120,000 Active 184 DOM
15. 2026-03-04
    price $120,000 171-char remark

    Show marketing remark (171 chars)

    NEW HVAC! and new paint-inside and out. New cabinets, bathroom updated. All brick home, low maintenance. Income Producing!!! Most recent renter was paying $1000 a month.

16. 2026-03-03
    status Active 171-char remark

    Show marketing remark (171 chars)

    NEW HVAC! and new paint-inside and out. New cabinets, bathroom updated. All brick home, low maintenance. Income Producing!!! Most recent renter was paying $1000 a month.

17. 2025-12-09
    historical 171-char remark

    Show marketing remark (171 chars)

    NEW HVAC! and new paint-inside and out. New cabinets, bathroom updated. All brick home, low maintenance. Income Producing!!! Most recent renter was paying $1000 a month.

18. 2025-10-24
    price $100,000 171-char remark

    Show marketing remark (171 chars)

    NEW HVAC! and new paint-inside and out. New cabinets, bathroom updated. All brick home, low maintenance. Income Producing!!! Most recent renter was paying $1000 a month.

19. 2025-09-05
    listed $110,000 Active 171-char remark

    Show marketing remark (171 chars)

    NEW HVAC! and new paint-inside and out. New cabinets, bathroom updated. All brick home, low maintenance. Income Producing!!! Most recent renter was paying $1000 a month.

20. 2022-05-03
    soldstatus $130,000
21. 2021-01-22
    soldstatus $35,200 Sold 48-char remark

    Show marketing remark (48 chars)

    Investment opportunity in an up and coming area!

22. 2020-12-28
    historical Contingent 48-char remark

    Show marketing remark (48 chars)

    Investment opportunity in an up and coming area!

23. 2020-12-19
    status Active 48-char remark

    Show marketing remark (48 chars)

    Investment opportunity in an up and coming area!

24. 2020-12-02
    status Pending 48-char remark

    Show marketing remark (48 chars)

    Investment opportunity in an up and coming area!

25. 2020-11-19
    listed $29,000 Active 48-char remark

    Show marketing remark (48 chars)

    Investment opportunity in an up and coming area!

26. 2018-04-18
    soldstatus $66,500
27. 1995-06-30
    soldstatus $38,900
28. 1990-11-20
    soldstatus $38,900

ⓘ 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: $629 · $52/mo
• Projected year-2 tax: $629 · $52/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,974
• − Mortgage interest: −$6,722
• − Property taxes: −$629
• − Insurance: −$600
• − Repairs & maintenance: −$1,118
• − Management: −$1,118
• − Depreciation: −$3,491
• Taxable income: $296
• Est. tax owed @ 24.0%: −$71
• After-tax cash flow: $2,188/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: Birmingham City
• NCES district ID: 0100390
• Math proficiency: 4% ▼ -17.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $31,988
• Composite: 9.49/100
• National rank: #9850
• State rank: #116 of 129 in AL

Livability — Birmingham

• Score: 67/100
• State rank: #78
• US rank: #10412

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Birmingham, AL
• County: Jefferson County · 527,445 people
• City population: 210,422
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 15,621
• Household income: $42,549
• Rent vs Own: 51.1% rent · 48.9% own
• Severe rent burden: 1169.0

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 (73%)
• Race & ethnicity: Black 73% White 22% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 0%

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: ▼ -68.70%
• Current HPI: 146.2168
• Rent YoY: ▲ 1.82%
• 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

+208.5% since first listed

14 events — show timeline

• 2026-03-04 Price Changed $120,000 Greater Alabama MLS
• 2026-03-03 Relisted — Greater Alabama MLS
• 2025-12-09 Delisted — Greater Alabama MLS
• 2025-10-24 Price Changed $100,000 Greater Alabama MLS
• 2025-09-05 Listed $110,000 Greater Alabama MLS
• 2022-05-03 Sold (Public Records) $130,000 Public Records
• 2021-01-22 Sold (MLS) $35,200 Greater Alabama MLS
• 2020-12-28 Contingent — Greater Alabama MLS
• 2020-12-19 Relisted — Greater Alabama MLS
• 2020-12-02 Pending — Greater Alabama MLS
• 2020-11-19 Listed $29,000 Greater Alabama MLS
• 2018-04-18 Sold (Public Records) $66,500 Public Records
• 1995-06-30 Sold (Public Records) $38,900 Public Records
• 1990-11-20 Sold (Public Records) $38,900 Public Records

Property tax history

+3.7%/yr

Latest (2025): $629 · +0.0% YoY. Source: county tax records.