3478 Misty Hollow Dr · Bessemer, AL 35022

$242,500

3 bd · 2.0 ba · 701 sqft · SingleFamily public records · 54 Days on market

Built 2022 4,791 sqft lot $346/sqft · 88% above area Est $296k · 18% under $13/mo HOA · 1% of rent

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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 +15.0/15.0
• Cash flow +7.7/30.0
• Rent growth +5.0/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +1.8/10.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to the Marlin! From your covered entry, head inside to put some appetizers on the granite island in the kitchen for all to gather around. Turn the TV on to never miss a play from the kitchen on football Saturday. Serve dinner in the eat-in kitchen or step right outside the dining area to throw some food on the grill & break bread on the patio. Upstairs you have an amazing master bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are 2 sinks, a shower, & walk in closet. The other 2 bedrooms on the same level are down the hallway & feature trey ceilings. Plenty of room for your cars & toys in the 2-car garage. Photos are of similar home. Options and upgrades shown in photos/videos may not be included in price.

Key facts

• Outdoor dining
• Soaking tub
• Large granite island

Tags

• COVERED ENTRY
• LARGE GRANITE ISLAND
• EAT-IN KITCHEN
• OUTDOOR DINING
• SOAKING TUB
• SEPARATE SHOWER

Property features AI

Finance

• Other: Lot size approximately 0.11 acres; Not in flood plain
• Financial info: Down payment assistance available
• HOA & community: Association dues of $150 yearly; HOA fees cover common grounds maintenance and management

Exterior

• Parking: Attached garage with front entry; 2 total garage spaces; Driveway parking; Parking on main level
• Utilities: Public water; Connected sewer; Electric water heater; Underground utilities; Internet service available
• Home design: Siding (Hardiplank); Existing building; Slab foundation
• Construction: Hardiplank siding
• Exterior features: Open patio; Porch

Interior

• Kitchen: Solid surface countertops; Pantry; Built-in microwave; Electric oven; Electric stove; Some stainless appliances
• Bedrooms: Master bedroom on upper level; Additional bedrooms on upper level
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms; One half bathroom; Master bath includes garden tub
• Heating & cooling: Central heating (electric); Central cooling (electric)
• Interior features: 9-ft+ ceilings with smooth and trey ceiling details; No interior special features listed
• Laundry & utility: Laundry room on upper level; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $242k.

Deal economics

• At list price, monthly cash flow is $-280 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $193k (20.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $166k (31.7% below list).
• Recommended offer: $166k (31.7% below list) — sets the bar for 1% rule.

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.
• 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: Mccalla Elementary School (math 8% / reading 42%, grade F, #416 of 627 statewide, top 67%, 697 students, 69% FRL); Mcadory Middle School (math 2% / reading 33%, grade F, #199 of 257 statewide, top 77%, 854 students, 74% FRL); Mcadory High School (math 8% / reading 17%, grade F, #237 of 305 statewide, top 78%, 1,162 students, 72% FRL) — zoned schools average 72% FRL vs 49% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+14.8%/yr); 311 active listings in the ZIP; solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k 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 54 days — a 3% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 46% 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 $165,734 (31.7% 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 54 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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. 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?
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: 0.68% ✗
• Cap rate: 4.91%
• Cash-on-cash: -4.95%
• DSCR: 0.78
• GRM: 12.2

CMA / ARV

• ARV (median comp): $296,417
• List price: $242,500
• Delta: -18.19%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3080 Sherry Dr	0.43mi	2/1.0 (-1)	672 (-4%)	9mo	$125,000	$186	57

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.29×
• Total profit: $-48,394
• Equity at exit: $36,158

10-year hold

• IRR: -4.7%
• Equity multiple: 0.63×
• Total profit: $-25,348
• Equity at exit: $20,967

Cash invested: $67,900 (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 35022

• Home prices YoY: -20.2%
• Rents YoY: 14.8%
• Active inventory: 311
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $1,657 medium
• Mortgage (P&I): −$1,272
• Tax from tax record: −$203 /mo · $2,442/yr
• Insurance: −$101
• HOA: −$13
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $-280

Break-even live

Break-even rent $2,012

Max offer price $193,049

Occupancy floor —

Sensitivity live

Price	-10% $-143	-5% $-211	+0% $-280	+5% $-349	+10% $-417
Rent	-10% $-411	-5% $-345	+0% $-280	+5% $-214	+10% $-149
Rate	-1.0pp $-158	-0.5pp $-218	base $-280	+0.5pp $-343	+1.0pp $-407

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: $60,625
• Closing costs: $7,275
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $13 · $156/yr

Listing history 23 events

1. 2026-06-22
   days on market $242,500 Active 54 DOM
2. 2026-06-18
   days on market $242,500 Active 51 DOM
3. 2026-06-17
   days on market $242,500 Active 50 DOM
4. 2026-06-16
   days on market $242,500 Active 49 DOM
5. 2026-06-15
   days on market $242,500 Active 48 DOM
6. 2026-06-13
   days on market $242,500 Active 46 DOM
7. 2026-06-10
   days on market $242,500 Active 43 DOM
8. 2026-06-09
   days on market $242,500 Active 42 DOM
9. 2026-06-08
   days on market $242,500 Active 41 DOM
10. 2026-06-07
    pricedays on market $242,500 Active 40 DOM
11. 2026-06-03
    days on market $249,500 Active 36 DOM
12. 2026-06-02
    days on market $249,500 Active 35 DOM
13. 2026-06-01
    days on market $249,500 Active 34 DOM
14. 2026-05-31
    days on market $249,500 Active 33 DOM
15. 2026-04-28
    listed $255,000 Active 634-char remark
16. 2022-08-22
    soldstatus $5,803,669
17. 2022-03-31
    soldstatus $250,643 Sold 791-char remark

    Show marketing remark (791 chars)

    Welcome home to the Marlin! From your covered entry, head inside to put some appetizers on the granite island in the kitchen for all to gather around. Turn the TV on to never miss a play from the kitchen on football Saturday. Serve dinner in the eat-in kitchen or step right outside the dining area to throw some food on the grill & break bread on the patio. Upstairs you have an amazing master bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are 2 sinks, a shower, & walk in closet. The other 2 bedrooms on the same level are down the hallway & feature trey ceilings. Plenty of room for your cars & toys in the 2-car garage. Photos are of similar home. Options and upgrades shown in photos/videos may not be included in price.

18. 2022-03-26
    price $1,625
19. 2022-02-28
    soldstatus $250,643
20. 2022-02-24
    status Pending 791-char remark

    Show marketing remark (791 chars)

    Welcome home to the Marlin! From your covered entry, head inside to put some appetizers on the granite island in the kitchen for all to gather around. Turn the TV on to never miss a play from the kitchen on football Saturday. Serve dinner in the eat-in kitchen or step right outside the dining area to throw some food on the grill & break bread on the patio. Upstairs you have an amazing master bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are 2 sinks, a shower, & walk in closet. The other 2 bedrooms on the same level are down the hallway & feature trey ceilings. Plenty of room for your cars & toys in the 2-car garage. Photos are of similar home. Options and upgrades shown in photos/videos may not be included in price.

21. 2021-11-24
    historical 791-char remark

    Show marketing remark (791 chars)

    Welcome home to the Marlin! From your covered entry, head inside to put some appetizers on the granite island in the kitchen for all to gather around. Turn the TV on to never miss a play from the kitchen on football Saturday. Serve dinner in the eat-in kitchen or step right outside the dining area to throw some food on the grill & break bread on the patio. Upstairs you have an amazing master bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are 2 sinks, a shower, & walk in closet. The other 2 bedrooms on the same level are down the hallway & feature trey ceilings. Plenty of room for your cars & toys in the 2-car garage. Photos are of similar home. Options and upgrades shown in photos/videos may not be included in price.

22. 2021-11-03
    price $250,643 791-char remark

    Show marketing remark (791 chars)

    Welcome home to the Marlin! From your covered entry, head inside to put some appetizers on the granite island in the kitchen for all to gather around. Turn the TV on to never miss a play from the kitchen on football Saturday. Serve dinner in the eat-in kitchen or step right outside the dining area to throw some food on the grill & break bread on the patio. Upstairs you have an amazing master bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are 2 sinks, a shower, & walk in closet. The other 2 bedrooms on the same level are down the hallway & feature trey ceilings. Plenty of room for your cars & toys in the 2-car garage. Photos are of similar home. Options and upgrades shown in photos/videos may not be included in price.

23. 2021-09-22
    listed $244,631 Active 791-char remark

    Show marketing remark (791 chars)

    Welcome home to the Marlin! From your covered entry, head inside to put some appetizers on the granite island in the kitchen for all to gather around. Turn the TV on to never miss a play from the kitchen on football Saturday. Serve dinner in the eat-in kitchen or step right outside the dining area to throw some food on the grill & break bread on the patio. Upstairs you have an amazing master bedroom fit for a Queen. The soaking tub will be the perfect way to end your days. There are 2 sinks, a shower, & walk in closet. The other 2 bedrooms on the same level are down the hallway & feature trey ceilings. Plenty of room for your cars & toys in the 2-car garage. Photos are of similar home. Options and upgrades shown in photos/videos may not be included in price.

ⓘ 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: $2,442 · $203/mo
• Projected year-2 tax: $2,442 · $203/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 46% 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: $19,888
• − Mortgage interest: −$13,584
• − Property taxes: −$2,442
• − Insurance: −$1,212
• − Repairs & maintenance: −$1,591
• − Management: −$1,591
• − HOA: −$156
• − Depreciation: −$7,055
• Taxable loss: −$7,743
• Est. tax savings @ 24.0%: +$1,858
• After-tax cash flow: $-1,501/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 — 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

• County: Jefferson County · 527,445 people
• City population: 48,018
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 23,126
• Household income: $81,846
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 554.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 53% White 41% Hispanic / Latino 3% Two or more races 2% Asian 1%
• Common ancestry: Italian 1% Slovak 1% Iranian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 96% English-only · Spanish 3% Chinese 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: ▼ -55.40%
• Current HPI: 219.3839
• Rent YoY: ▲ 14.80%
• 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

-0.9% since first listed

11 events — show timeline

• 2026-06-06 Price Changed $242,500 Greater Alabama MLS
• 2026-05-30 Price Changed $249,500 Greater Alabama MLS
• 2026-04-28 Listed $255,000 Greater Alabama MLS
• 2022-08-22 Sold (Public Records) $5,803,669 Public Records
• 2022-03-31 Sold (MLS) $250,643 Greater Alabama MLS
• 2022-03-26 Price Changed $1,625 RENT.
• 2022-02-28 Sold (Public Records) $250,643 Public Records
• 2022-02-24 Pending — Greater Alabama MLS
• 2021-11-24 Delisted — Greater Alabama MLS
• 2021-11-03 Price Changed $250,643 Greater Alabama MLS
• 2021-09-22 Listed $244,631 Greater Alabama MLS

Property tax history

+40.2%/yr

Latest (2025): $2,442 · +7.0% YoY. Source: county tax records.