2176 Maywood Dr · Forestdale, AL 35214

$145,000

3 bd · 1.0 ba · 1,385 sqft · SingleFamily public records · 68 Days on market

Built 1956 3.50 ac lot $105/sqft · 16% below area Est $173k · 16% 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 +18.3/30.0
• ARV discount +14.8/15.0
• DSCR +5.7/10.0
• 1% rule +4.1/10.0
• Livability +2.9/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

Key facts

• Expansive lot
• 200 amp service
• New hot water heater

Tags

• EXPANSIVE LOT
• RECENTLY RENOVATED
• GRANITE COUNTERTOPS
• NEW HVAC SYSTEM
• 200 AMP SERVICE
• NEW HOT WATER HEATER

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $132 ($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 $132k (8.7% below list).
• Recommended offer: $132k (8.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 58/100 on livability (#367 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D+, schools D-, amenities 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.
• Market conditions: Rents flat; 116 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% 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 $1k 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 68 days — a 6% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 4y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $112k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,435 (8.7% below list)

Questions for the listing agent

1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — 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 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. 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: 0.91% ✗
• Cap rate: 7.38%
• Cash-on-cash: 3.89%
• DSCR: 1.17
• GRM: 9.1

CMA / ARV

• ARV (median comp): $173,140
• List price: $145,000
• Delta: -16.25%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2132 Arcadia Rd	0.17mi	3/2.0	1,353 (-2%)	8mo	$161,114	$119	78
2208 Arcadia Rd	0.12mi	3/1.0	1,450 (+5%)	22mo	$85,500	$59	68
2525 Bow String Dr	0.57mi	4/3.5 (+1)	1,360 (-2%)	7mo	$232,000	$171	49
2107 Forestdale Bend Rd	0.53mi	4/2.0 (+1)	1,404 (+1%)	20mo	$152,650	$109	48
1812 Breckenridge Ln	0.73mi	3/2.0	1,450 (+5%)	16mo	$159,000	$110	41
2021 Hanchey Rd	0.54mi	4/2.0 (+1)	1,566 (+13%)	8mo	$160,000	$102	37
375 Clinton St	0.69mi	4/2.0 (+1)	1,500 (+8%)	9mo	$155,000	$103	37
249 Cimmaron Dr	0.58mi	3/2.0	1,540 (+11%)	20mo	$155,000	$101	34
2068 Sunrise Rd	0.68mi	3/1.0	1,575 (+14%)	17mo	$144,000	$91	31
1740 Roberta Rd	0.73mi	2/1.0 (-1)	1,512 (+9%)	22mo	$85,405	$56	27

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 · 0.74% rent growth · sell at horizon

5-year hold

• IRR: -12.6%
• Equity multiple: 0.55×
• Total profit: $-18,090
• Equity at exit: $21,620

10-year hold

• IRR: -7.1%
• Equity multiple: 0.59×
• Total profit: $-16,642
• Equity at exit: $12,537

Cash invested: $40,600 (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 35214

• Home prices YoY: -20.0%
• Rents YoY: 0.7%
• Active inventory: 116
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,324 high
• Mortgage (P&I): −$760
• Tax from tax record: −$94 /mo · $1,125/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $132

Break-even live

Break-even rent $1,158

Max offer price $145,000

Occupancy floor 85%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
308 Cimmaron Dr Birmingham, AL	3.0	2.0	1479	$1,250	$0.85	43d	1	0.54mi
328 Cimmaron Dr Birmingham, AL	3.0	1.0	1472	$1,100	$0.75	43d	1	0.59mi
1712 Riderwood Trl Birmingham, AL	3.0	1.0	1456	$1,150	$0.79	16d	1	0.75mi
1533 Choctaw Dr Birmingham, AL	3.0	1.0	1241	$1,175	$0.95	43d	1	1.07mi
656 Kenwood Dr Birmingham, AL	3.0	1.0	1252	$1,175	$0.94	16d	1	1.10mi
2410 Roberta Rd Birmingham, AL	3.0	2.0	1560	$1,586	$1.02	21d	1	1.24mi
779 Heflin Ave E Birmingham, AL	3.0	1.5	1052	$1,100	$1.05	19d	1	1.46mi
1344 Pratt Hwy Birmingham, AL	3.0	2.0	936	$980	$1.05	43d	1	1.47mi
161 Cindy Ln Birmingham, AL	3.0	2.0	1388	$1,425	$1.03	23d	1	1.50mi

Listing history 40 events

1. 2026-06-18
   days on market $145,000 Active 68 DOM
2. 2026-06-17
   days on market $145,000 Active 67 DOM
3. 2026-06-16
   days on market $145,000 Active 66 DOM
4. 2026-06-15
   days on market $145,000 Active 65 DOM
5. 2026-06-13
   days on market $145,000 Active 63 DOM
6. 2026-06-10
   days on market $145,000 Active 60 DOM
7. 2026-06-09
   days on market $145,000 Active 59 DOM
8. 2026-06-08
   days on market $145,000 Active 58 DOM
9. 2026-06-07
   days on market $145,000 Active 57 DOM
10. 2026-06-03
    days on market $145,000 Active 53 DOM
11. 2026-06-02
    days on market $145,000 Active 52 DOM
12. 2026-06-01
    days on market $145,000 Active 51 DOM
13. 2026-05-31
    days on market $145,000 Active 50 DOM
14. 2026-05-07
    price $149,900 969-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

15. 2026-05-06
    price $149,900 801-char remark

    Show marketing remark (801 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. This home is situated in an established community with convenient access to local amenities.

16. 2026-04-13
    status Active 801-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

17. 2026-04-13
    status Active 969-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

18. 2026-03-18
    status Pending 801-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

19. 2026-03-18
    status Pending 969-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

20. 2026-03-16
    listed $159,900 Active 801-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

21. 2026-03-16
    listed $159,900 Active 969-char remark

    Show marketing remark (969 chars)

    Welcome to this exceptional 4 bedroom, 2 bathroom home situated on an expansive 3.5-acre lot, presenting an outstanding opportunity for both investors and home buyers alike. The main living area is move-in ready, & been recently renovated with granite countertops, new HVAC system, 200 Amp service and panel, & a new hot water heater ensuring comfortable & reliable living space. The basement features exterior access and existing plumbing, creating remarkable potential for conversion into a duplex configuration. Previously generating $1,295 in monthly rental income, this property delivers proven returns for investors while offering home buyers unmatched acreage and future possibilities. The generous 3.5 acres provides exceptional value, privacy, and endless potential. Located near Minor High School, this home is situated in an established community with convenient access to local amenities. Schedule your showing today! Sold "AS IS".

22. 2025-03-06
    historical $1,295
23. 2025-02-20
    listed $1,295
24. 2025-02-20
    soldstatus $112,500
25. 2025-02-04
    price $155,000
26. 2025-02-03
    price $155,000
27. 2025-01-21
    listed $165,000 Active
28. 2024-10-29
    price $175,000
29. 2024-10-29
    status Active
30. 2024-10-23
    historical $1,360
31. 2024-10-21
    status Pending
32. 2024-09-27
    listed $1,360
33. 2024-09-11
    listed $180,000 Active
34. 2023-08-25
    soldstatus $125,500
35. 2023-08-18
    soldstatus $55,000 Sold
36. 2023-07-10
    historical Contingent
37. 2023-06-29
    price $59,000
38. 2023-06-20
    status Active
39. 2022-09-22
    status Pending
40. 2022-09-12
    listed $75,000 Active

ⓘ 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: $1,125 · $94/mo
• Projected year-2 tax: $1,125 · $94/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 5/10 Major 6 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,892
• − Mortgage interest: −$8,122
• − Property taxes: −$1,125
• − Insurance: −$725
• − Repairs & maintenance: −$1,271
• − Management: −$1,271
• − Depreciation: −$4,218
• Taxable loss: −$841
• Est. tax savings @ 24.0%: +$202
• After-tax cash flow: $1,782/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 — Forestdale

• Score: 58/100
• State rank: #367
• US rank: #21236

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Forestdale, AL
• County: Jefferson County · 527,445 people
• City population: 17,027
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 17,027
• Household income: $56,383
• Rent vs Own: 35.4% rent · 64.6% own
• Severe rent burden: 578.0

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 (77%)
• Race & ethnicity: Black 77% White 18% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

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: ▼ -54.48%
• Current HPI: 218.5233
• Rent YoY: ▲ 0.74%
• 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

+99.9% since first listed

27 events — show timeline

• 2026-05-07 Price Changed $149,900 Greater Alabama MLS
• 2026-05-06 Price Changed $149,900 WAMLS
• 2026-04-13 Relisted — WAMLS
• 2026-04-13 Relisted — Greater Alabama MLS
• 2026-03-18 Pending — WAMLS
• 2026-03-18 Pending — Greater Alabama MLS
• 2026-03-16 Listed $159,900 WAMLS
• 2026-03-16 Listed $159,900 Greater Alabama MLS
• 2025-03-06 Rental Removed $1,295 APPFOLIO
• 2025-02-20 Listed for Rent $1,295 APPFOLIO
• 2025-02-20 Sold (Public Records) $112,500 Public Records
• 2025-02-04 Price Changed $155,000 Greater Alabama MLS
• 2025-02-03 Price Changed $155,000 WAMLS
• 2025-01-21 Listed $165,000 WAMLS
• 2024-10-29 Price Changed $175,000 WAMLS
• 2024-10-29 Relisted — WAMLS
• 2024-10-23 Rental Removed $1,360 SHOWMOJO
• 2024-10-21 Pending — WAMLS
• 2024-09-27 Listed for Rent $1,360 SHOWMOJO
• 2024-09-11 Listed $180,000 WAMLS
• 2023-08-25 Sold (Public Records) $125,500 Public Records
• 2023-08-18 Sold (MLS) $55,000 Greater Alabama MLS
• 2023-07-10 Contingent — Greater Alabama MLS
• 2023-06-29 Price Changed $59,000 Greater Alabama MLS
• 2023-06-20 Relisted — Greater Alabama MLS
• 2022-09-22 Pending — Greater Alabama MLS
• 2022-09-12 Listed $75,000 Greater Alabama MLS

Property tax history

-0.0%/yr

Latest (2025): $1,125 · -0.1% YoY. Source: county tax records.