226 Alabama St · Bessemer, AL 35020

$99,999

3 bd · 1.5 ba · 1,363 sqft · SingleFamily public records · 38 Days on market

Built 1941 1,132 sqft lot Est $110k · 9% under

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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 +26.7/30.0
• ARV discount +11.7/15.0
• DSCR +9.2/10.0
• 1% rule +6.7/10.0
• 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

THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

Key facts

• Renovated home
• New carpet
• New ac

Tags

• RENOVATED HOME
• NEW AC
• NEW ROOF
• NEW LIGHT FAN FIXTURES
• NEW CARPET
• NEW BATHROOM VANITIES

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $271 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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 High School (math 2% / reading 8%, grade F, #276 of 305 statewide, top 95%, 850 students, 61% FRL) — zoned schools average 70% FRL vs 87% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents falling (-3.1%/yr); 115 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 40% 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 $691 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

• It's been on market 38 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 10y ago; this cycle's ask has dropped $44k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 40% 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 $96,999 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.17% ✓
• Cap rate: 9.55%
• Cash-on-cash: 11.62%
• DSCR: 1.52
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $110,403
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
207 Short Mcadory Ave	0.09mi	3/2.0	1,312 (-4%)	15mo	$99,900	$76	75
419 Gladys St	0.29mi	3/2.0	1,272 (-7%)	6mo	$169,000	$133	68
425 Owen Ave	0.31mi	3/2.0	1,488 (+9%)	0mo	$83,000	$56	68
427 Gladys St	0.30mi	3/1.0	1,248 (-8%)	3mo	$32,000	$26	68
137 Elrie Blvd	0.36mi	2/2.0 (-1)	1,288 (-6%)	3mo	$129,000	$100	64
408 Joseph St	0.44mi	2/1.0 (-1)	1,410 (+3%)	5mo	$62,000	$44	63
100 Black Ave	0.24mi	3/2.0	1,232 (-10%)	10mo	$146,000	$119	62
63 Bluebell St	0.30mi	4/1.5 (+1)	1,232 (-10%)	3mo	$100,000	$81	62
401 Brook Ave	0.54mi	3/1.0	1,320 (-3%)	7mo	$122,500	$93	62
208 Raimund Ave	0.59mi	3/2.0	1,424 (+4%)	10mo	$100,000	$70	54
201 W Lake Dr	0.71mi	3/1.0	1,404 (+3%)	14mo	$79,900	$57	48
802 Clarendon Ave	0.56mi	2/2.0 (-1)	1,214 (-11%)	6mo	$106,000	$87	44

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: -2.3%
• Equity multiple: 0.92×
• Total profit: $-2,371
• Equity at exit: $14,910

10-year hold

• IRR: 3.9%
• Equity multiple: 1.25×
• Total profit: $6,884
• Equity at exit: $8,646

Cash invested: $28,000 (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 35020

• Home prices YoY: -24.2%
• Rents YoY: -3.1%
• Active inventory: 115
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,172 high
• Mortgage (P&I): −$524
• Tax from tax record: −$89 /mo · $1,063/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $271

Break-even live

Break-even rent $829

Max offer price $99,999

Occupancy floor 72%

Sensitivity live

Price	-10% $328	-5% $300	+0% $271	+5% $243	+10% $215
Rent	-10% $179	-5% $225	+0% $271	+5% $317	+10% $364
Rate	-1.0pp $322	-0.5pp $297	base $271	+0.5pp $245	+1.0pp $219

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
200 Center St Bessemer, AL	3.0	1.5	1826	$1,200	$0.66	11d	1	0.11mi
300 Norwood Ave Bessemer, AL	3.0	1.0	966	$1,000	$1.04	25d	1	0.12mi
300 Norwood Ave Bessemer, AL	3.0	1.0	966	$900	$0.93	13d	1	0.12mi
236 Clifton St Bessemer, AL	3.0	1.0	1450	$1,100	$0.76	45d	1	0.15mi
18 Center St Bessemer, AL	3.0	1.0	1418	$1,100	$0.78	45d	1	0.23mi
10 Center St Bessemer, AL	3.0	1.0	1152	$1,000	$0.87	45d	1	0.26mi
63 Bluebell St Bessemer, AL	4.0	2.0	1232	$1,399	$1.14	17d	1	0.31mi
434 Bryant St Bessemer, AL	4.0	2.0	1540	$1,523	$0.99	4d	1	0.35mi
808 Fairfax Ave Bessemer, AL	3.0	1.0	1042	$1,050	$1.01	25d	1	0.60mi
704 Avenue I Bessemer, AL	3.0	1.0	1232	$1,200	$0.97	25d	1	0.60mi
810 Fairfax Ave Bessemer, AL	3.0	1.0	1042	$1,050	$1.01	25d	1	0.61mi
931 Dartmouth Ave Bessemer, AL	3.0	1.0	984	$925	$0.94	45d	1	0.70mi
806 4th Ave N Bessemer, AL	3.0	1.0	1092	$1,050	$0.96	25d	1	0.81mi
510 W Lake Dr Bessemer, AL	3.0	1.0	950	$1,025	$1.08	17d	1	0.87mi
512 W Lake Dr Bessemer, AL	3.0	1.0	944	$1,125	$1.19	13d	1	0.88mi
830 5th Ave N Bessemer, AL	3.0	1.0	1072	$1,000	$0.93	45d	1	0.91mi
531 W Lake Dr Bessemer, AL	3.0	1.0	1014	$1,200	$1.18	4d	1	0.92mi
1307 3rd Ave N Bessemer, AL	4.0	1.0	960	$1,200	$1.25	45d	1	1.12mi
320 16th St S Bessemer, AL	3.0	1.5	1792	$950	$0.53	45d	1	1.24mi
1600 Holbrook Ave Bessemer, AL	3.0	1.0	885	$999	$1.13	3d	1	1.33mi
1622 Fairfax Ave Bessemer, AL	2.0	2.0	1104	$995	$0.90	3d	1	1.34mi
306 W Lake Cir SW Bessemer, AL	1.0–3.0	1.0–2.0	1004	$1,455	$1.45	3d	1	1.39mi
1015 11th St N Bessemer, AL	2.0	1.0	876	$975	$1.11	13d	1	1.41mi
1811 Fairfax Ave Bessemer, AL	4.0	2.0	1732	$1,350	$0.78	25d	1	1.50mi

Listing history 28 events

1. 2026-04-24
   soldstatus $99,999
2. 2026-03-23
   status Pending
3. 2026-03-17
   price $99,999
4. 2026-03-02
   price $133,500
5. 2026-02-13
   listed $143,500 Active
6. 2025-11-04
   price $143,900
7. 2025-10-30
   price $149,300
8. 2025-10-23
   price $153,800
9. 2017-01-17
   soldstatus $17,210 Sold 106-char remark

   Show marketing remark (106 chars)

   THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

10. 2016-12-29
    historical 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

11. 2016-12-21
    status Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

12. 2016-12-07
    historical Contingent 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

13. 2016-11-22
    status Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

14. 2016-10-16
    status Pending 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

15. 2016-09-26
    historical Contingent 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

16. 2016-09-23
    status Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

17. 2016-09-12
    historical Contingent 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

18. 2016-09-09
    status Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

19. 2016-09-01
    status Pending 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

20. 2016-09-01
    historical Contingent 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

21. 2016-08-24
    status Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

22. 2016-08-17
    historical Contingent 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

23. 2016-08-11
    status Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

24. 2016-08-01
    historical Contingent 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

25. 2016-07-21
    listed $18,000 Active 106-char remark

    Show marketing remark (106 chars)

    THIS IS A NICE 3 BEDROOM 1 1/2 BATHROOM STARTER HOME. PLEASE CALL YOUR AGENT TODAY TO MAKE AN APPOINTMENT!

26. 2006-08-17
    soldstatus $85,900
27. 1991-06-01
    soldstatus $65,000
28. 1984-03-29
    soldstatus $34,900

ⓘ 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: $1,063 · $89/mo
• Projected year-2 tax: $1,063 · $89/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 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 40% 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: $14,064
• − Mortgage interest: −$5,601
• − Property taxes: −$1,063
• − Insurance: −$500
• − Repairs & maintenance: −$1,125
• − Management: −$1,125
• − Depreciation: −$2,909
• Taxable income: $1,740
• Est. tax owed @ 24.0%: −$418
• After-tax cash flow: $2,837/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

+186.5% since first listed

28 events — show timeline

• 2026-04-24 Sold (Public Records) $99,999 Public Records
• 2026-03-23 Pending — Greater Alabama MLS
• 2026-03-17 Price Changed $99,999 Greater Alabama MLS
• 2026-03-02 Price Changed $133,500 Greater Alabama MLS
• 2026-02-13 Listed $143,500 Greater Alabama MLS
• 2025-11-04 Price Changed $143,900 Greater Alabama MLS
• 2025-10-30 Price Changed $149,300 Greater Alabama MLS
• 2025-10-23 Price Changed $153,800 Greater Alabama MLS
• 2017-01-17 Sold (MLS) $17,210 Greater Alabama MLS
• 2016-12-29 Delisted — Greater Alabama MLS
• 2016-12-21 Relisted — Greater Alabama MLS
• 2016-12-07 Contingent — Greater Alabama MLS
• 2016-11-22 Relisted — Greater Alabama MLS
• 2016-10-16 Pending — Greater Alabama MLS
• 2016-09-26 Contingent — Greater Alabama MLS
• 2016-09-23 Relisted — Greater Alabama MLS
• 2016-09-12 Contingent — Greater Alabama MLS
• 2016-09-09 Relisted — Greater Alabama MLS
• 2016-09-01 Pending — Greater Alabama MLS
• 2016-09-01 Contingent — Greater Alabama MLS
• 2016-08-24 Relisted — Greater Alabama MLS
• 2016-08-17 Contingent — Greater Alabama MLS
• 2016-08-11 Relisted — Greater Alabama MLS
• 2016-08-01 Contingent — Greater Alabama MLS
• 2016-07-21 Listed $18,000 Greater Alabama MLS
• 2006-08-17 Sold (Public Records) $85,900 Public Records
• 1991-06-01 Sold (Public Records) $65,000 Public Records
• 1984-03-29 Sold (Public Records) $34,900 Public Records

Property tax history

+12.5%/yr

Latest (2025): $1,063 · +122.1% YoY. Source: county tax records.