1116 Highland Way · Kimberly, AL 35091

$350,000

5 bd · 2.5 ba · 2,482 sqft · SingleFamily public records · 62 Days on market

Built 2006 0.50 ac lot $141/sqft · 14% below area Est $407k · 14% under

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Why this score? — see what drove the D 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).

• ARV discount +13.8/15.0
• Appreciation +10.0/10.0
• Cash flow +6.1/30.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• 1% rule +0.4/10.0
• DSCR +0.4/10.0

Listing remarks MLS

This Neighborhood Is Highly Sought After And Homes Don't Come Up Very Often!! 4 Sides BRICK Exterior With Full Basement. Fresh Paint Throughout The Inside And New Carpet Too! Main Level Offers: Formal Dining Space, Great Room With Fireplace, Nice Eat-In Kitchen With Custom Cabinetry, Walk-In Laundry Room, Master Bedroom With Private Master Suite. Basement Offers: 4th Bedroom, 3rd Full Bath, Large Bonus Rm/Man Cave And Office/Study. Plus 2 Car Parking And Storage Space In Basement. Fenced Back Yard With A View Of The Woods. Covered Porch On Back For Entertaining Your Guest Or Grilling. Poured Concrete Basement Walls.

Key facts

• 0.5 acre lot
• 2 garage spots
• Built 2006

Property features AI

Finance

• Other: Energy-efficient features: ceiling fans, double-paned windows, 90%+ efficient furnace, LED lighting, programmable thermostat
• Financial info: Has down payment assistance available
• HOA & community: No association fee

Exterior

• Parking: Attached garage; Side garage entry; Driveway parking; Two total garage spaces (2 in basement level)
• Utilities: Public water; Septic system; Underground utilities; Two or more water heaters; Internet service available (Spectrum)
• Home design: 4-side brick construction; Basement foundation; Daylight basement with both finished and unfinished areas; Subdivision lot (located in Highland Ridge); Approximately 0.5 acre lot; Not a waterfront property; No pool
• Construction: Existing construction (year built: existing per listing); 4-side brick exterior; Basement foundation
• Exterior features: Fenced yard; Outdoor lighting system; Porch; Covered deck

Interior

• Kitchen: Laminate countertops; Breakfast bar and eating area; Built-in dishwasher; Built-in microwave; Refrigerator included; Electric stove; Some stainless appliances
• Bedrooms: Bedrooms on main level and in finished basement; Master bedroom on main level with attached master bath; Walk-in closets; Linen closet; Jetted tub in at least one bath
• Flooring: Carpet; Hardwood; Tile floors
• Bathrooms: Three full bathrooms; One half bathroom
• Heating & cooling: Central heating (electric); Central cooling
• Interior features: Split foyer layout; Smooth and trey ceilings; Gas fireplace with tile surround in living room; Some window treatments to remain
• Laundry & utility: Main-level laundry; Washer hookup; Electric dryer hookup; Laundry space in basement area

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-659 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $234k (33.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (45.9% below list).
• Recommended offer: $189k (45.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#99 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety 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: Bryant Park Elementary (math 13% / reading 38%, grade F, #411 of 627 statewide, top 66%, 708 students, 62% FRL); North Jefferson Middle School (math 13% / reading 45%, grade F, #134 of 257 statewide, top 53%, 666 students, 52% FRL); Mortimer Jordan High School (math 23% / reading 27%, grade F, #114 of 305 statewide, top 38%, 861 students, 45% FRL) — zoned schools at 53% FRL track the district average.
• Market conditions: 131 active listings in the ZIP; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $37k of equity ($2k loan paydown + $35k appreciation (10.0% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 2, paydown + projected appreciation supports a ~$60k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($329k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $25k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $290k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,208 (45.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 46% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.54% ✗
• Cap rate: 4.04%
• Cash-on-cash: -8.06%
• DSCR: 0.64
• GRM: 15.4

CMA / ARV

• ARV (median comp): $407,260
• List price: $350,000
• Delta: -14.06%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9643 Ridge Way	0.18mi	4/3.0 (-1)	2,764 (+11%)	1mo	$404,000	$146	65
9316 Brunswick Ave	0.58mi	4/2.5 (-1)	2,565 (+3%)	4mo	$309,995	$121	59
9323 Brunswick Ave	0.58mi	4/2.5 (-1)	2,372 (-4%)	4mo	$315,805	$133	57
9439 Polo Trce	0.66mi	5/3.0	2,743 (+10%)	8mo	$440,000	$160	43
9487 Polo Trce	0.55mi	4/3.0 (-1)	2,808 (+13%)	12mo	$455,000	$162	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 18.6%
• Equity multiple: 2.52×
• Total profit: $148,542
• Equity at exit: $315,308

10-year hold

• IRR: 17.3%
• Equity multiple: 5.80×
• Total profit: $470,147
• Equity at exit: $679,973

Cash invested: $98,000 (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.

Methodology + full state rankings →

ZIP-level market 35091

• Home prices YoY: 8.8%
• Active inventory: 131
• Price-to-rent: 15.4×

Monthly cashflow live

• Estimated rent: $1,892 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$172 /mo · $2,064/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $-659

Break-even live

Break-even rent $2,726

Max offer price $233,666

Occupancy floor —

Sensitivity live

Price	-10% $-460	-5% $-559	+0% $-659	+5% $-758	+10% $-857
Rent	-10% $-808	-5% $-733	+0% $-659	+5% $-584	+10% $-509
Rate	-1.0pp $-482	-0.5pp $-570	base $-659	+0.5pp $-749	+1.0pp $-841

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: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-22
   days on market $350,000 Active 62 DOM
2. 2026-06-18
   days on market $350,000 Active 59 DOM
3. 2026-06-17
   days on market $350,000 Active 58 DOM
4. 2026-06-16
   days on market $350,000 Active 57 DOM
5. 2026-06-15
   days on market $350,000 Active 56 DOM
6. 2026-06-13
   days on market $350,000 Active 54 DOM
7. 2026-06-10
   days on market $350,000 Active 51 DOM
8. 2026-06-09
   days on market $350,000 Active 50 DOM
9. 2026-06-08
   days on market $350,000 Active 49 DOM
10. 2026-06-07
    days on market $350,000 Active 48 DOM
11. 2026-06-03
    days on market $350,000 Active 44 DOM
12. 2026-06-02
    days on market $350,000 Active 43 DOM
13. 2026-06-01
    days on market $350,000 Active 42 DOM
14. 2026-05-31
    days on market $350,000 Active 41 DOM
15. 2026-05-07
    price $375,000 1004-char remark
16. 2026-05-02
    price $379,900 1004-char remark
17. 2026-04-21
    price $380,000 1004-char remark
18. 2026-04-20
    listed $375,000 Active 1004-char remark
19. 2023-07-11
    price $344,900
20. 2021-01-19
    soldstatus $290,000
21. 2021-01-15
    soldstatus $290,000 Sold

    Show marketing remark (623 chars)

    This Neighborhood Is Highly Sought After And Homes Don't Come Up Very Often!! 4 Sides BRICK Exterior With Full Basement. Fresh Paint Throughout The Inside And New Carpet Too! Main Level Offers: Formal Dining Space, Great Room With Fireplace, Nice Eat-In Kitchen With Custom Cabinetry, Walk-In Laundry Room, Master Bedroom With Private Master Suite. Basement Offers: 4th Bedroom, 3rd Full Bath, Large Bonus Rm/Man Cave And Office/Study. Plus 2 Car Parking And Storage Space In Basement. Fenced Back Yard With A View Of The Woods. Covered Porch On Back For Entertaining Your Guest Or Grilling. Poured Concrete Basement Walls.

22. 2020-12-10
    status Pending

    Show marketing remark (623 chars)

    This Neighborhood Is Highly Sought After And Homes Don't Come Up Very Often!! 4 Sides BRICK Exterior With Full Basement. Fresh Paint Throughout The Inside And New Carpet Too! Main Level Offers: Formal Dining Space, Great Room With Fireplace, Nice Eat-In Kitchen With Custom Cabinetry, Walk-In Laundry Room, Master Bedroom With Private Master Suite. Basement Offers: 4th Bedroom, 3rd Full Bath, Large Bonus Rm/Man Cave And Office/Study. Plus 2 Car Parking And Storage Space In Basement. Fenced Back Yard With A View Of The Woods. Covered Porch On Back For Entertaining Your Guest Or Grilling. Poured Concrete Basement Walls.

23. 2020-12-09
    listed $289,900 Active

    Show marketing remark (623 chars)

    This Neighborhood Is Highly Sought After And Homes Don't Come Up Very Often!! 4 Sides BRICK Exterior With Full Basement. Fresh Paint Throughout The Inside And New Carpet Too! Main Level Offers: Formal Dining Space, Great Room With Fireplace, Nice Eat-In Kitchen With Custom Cabinetry, Walk-In Laundry Room, Master Bedroom With Private Master Suite. Basement Offers: 4th Bedroom, 3rd Full Bath, Large Bonus Rm/Man Cave And Office/Study. Plus 2 Car Parking And Storage Space In Basement. Fenced Back Yard With A View Of The Woods. Covered Porch On Back For Entertaining Your Guest Or Grilling. Poured Concrete Basement Walls.

24. 2020-12-09
    price $289,900

    Show marketing remark (623 chars)

    This Neighborhood Is Highly Sought After And Homes Don't Come Up Very Often!! 4 Sides BRICK Exterior With Full Basement. Fresh Paint Throughout The Inside And New Carpet Too! Main Level Offers: Formal Dining Space, Great Room With Fireplace, Nice Eat-In Kitchen With Custom Cabinetry, Walk-In Laundry Room, Master Bedroom With Private Master Suite. Basement Offers: 4th Bedroom, 3rd Full Bath, Large Bonus Rm/Man Cave And Office/Study. Plus 2 Car Parking And Storage Space In Basement. Fenced Back Yard With A View Of The Woods. Covered Porch On Back For Entertaining Your Guest Or Grilling. Poured Concrete Basement Walls.

25. 2020-11-20
    historical $264,900

    Show marketing remark (623 chars)

    This Neighborhood Is Highly Sought After And Homes Don't Come Up Very Often!! 4 Sides BRICK Exterior With Full Basement. Fresh Paint Throughout The Inside And New Carpet Too! Main Level Offers: Formal Dining Space, Great Room With Fireplace, Nice Eat-In Kitchen With Custom Cabinetry, Walk-In Laundry Room, Master Bedroom With Private Master Suite. Basement Offers: 4th Bedroom, 3rd Full Bath, Large Bonus Rm/Man Cave And Office/Study. Plus 2 Car Parking And Storage Space In Basement. Fenced Back Yard With A View Of The Woods. Covered Porch On Back For Entertaining Your Guest Or Grilling. Poured Concrete Basement Walls.

26. 2011-04-18
    soldstatus $223,000

ⓘ 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: $2,064 · $172/mo
• Projected year-2 tax: $2,064 · $172/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,705
• − Mortgage interest: −$19,605
• − Property taxes: −$2,064
• − Insurance: −$1,750
• − Repairs & maintenance: −$1,816
• − Management: −$1,816
• − Depreciation: −$10,182
• Taxable loss: −$14,529
• Est. tax savings @ 24.0%: +$3,487
• After-tax cash flow: $-4,415/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: 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

Livability — Kimberly

• Score: 66/100
• State rank: #99
• US rank: #11415

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kimberly, AL
• Population (ZIP): 3,632

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 White (92%)
• Race & ethnicity: White 92% Black 5% Two or more races 2%
• Common ancestry: Italian 7% Slovak 4% Lithuanian 3%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 99% English-only · Korean 1% Other Indo-European 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: ▲ 21.37%
• Current HPI: 265.4636
• Rent YoY: —
• Metro: —
• 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

+57.0% since first listed

13 events — show timeline

• 2026-05-28 Price Changed $350,000 Greater Alabama MLS
• 2026-05-07 Price Changed $375,000 Greater Alabama MLS
• 2026-05-02 Price Changed $379,900 Greater Alabama MLS
• 2026-04-21 Price Changed $380,000 Greater Alabama MLS
• 2026-04-20 Listed $375,000 Greater Alabama MLS
• 2023-07-11 Price Changed $344,900 Greater Alabama MLS
• 2021-01-19 Sold (Public Records) $290,000 Public Records
• 2021-01-15 Sold (MLS) $290,000 Greater Alabama MLS
• 2020-12-10 Pending — Greater Alabama MLS
• 2020-12-09 Listed $289,900 Greater Alabama MLS
• 2020-12-09 Price Changed $289,900 Greater Alabama MLS
• 2020-11-20 Coming Soon $264,900 Greater Alabama MLS
• 2011-04-18 Sold (Public Records) $223,000 Public Records

Property tax history

+3.6%/yr

Latest (2025): $2,064 · +4.0% YoY. Source: county tax records.