1248 Maple St · Tarrant, AL 35217

$140,000

4 bd · 1.0 ba · 2,457 sqft · SingleFamily public records · 45 Days on market

Built 1930 6,969 sqft lot $57/sqft · 6% above area Est $133k · 6% over

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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).

• Cash flow +19.3/30.0
• DSCR +6.1/10.0
• ARV discount +5.0/15.0
• 1% rule +4.0/10.0
• Rent growth +3.4/5.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This property is subject to Lender and Court Approval. This property will be sold as-is.

Key facts

• 6,969 sq ft lot
• Parking
• Built 1930

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $154 ($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 $127k (9.5% below list).
• Recommended offer: $127k (9.5% below list) — sets the bar for 1% rule.
• Cap rate 7.6% vs local median 11.0% in Tarrant — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 51/100 on livability (#507 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, amenities F, commute F.
• Tarrant City (suburban): math 4% / reading 17% proficiency, ranked #121 of 129 in AL (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 89% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Tarrant Intermediate School (math 4% / reading 18%, grade F, #560 of 627 statewide, top 90%, 402 students, 89% FRL); Tarrant High School (math 3% / reading 16%, grade F, #258 of 305 statewide, top 85%, 559 students, 84% FRL) — zoned schools at 87% FRL track the district average.
• Market conditions: Rents rising (+3.6%/yr); 95 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 38% of the median local income ($40k/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 $968 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 45 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 4% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $95k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,634 (9.5% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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 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?
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: 0.90% ✗
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 9.2

CMA / ARV

• ARV (median comp): $132,634
• List price: $140,000
• Delta: 5.55%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4966 Brittain St	0.39mi	3/2.0 (-1)	2,432 (-1%)	8mo	$145,000	$60	64
1245 Waverly St	0.38mi	3/2.5 (-1)	2,518 (+2%)	12mo	$135,000	$54	57
1444 Burlington Ave	0.45mi	3/2.0 (-1)	2,476 (+1%)	24mo	$160,000	$65	49

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 · 3.58% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.69×
• Total profit: $-12,163
• Equity at exit: $20,874

10-year hold

• IRR: 1.7%
• Equity multiple: 1.13×
• Total profit: $4,933
• Equity at exit: $12,105

Cash invested: $39,200 (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 35217

• Rents YoY: 3.6%
• Active inventory: 95
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,266 high
• Mortgage (P&I): −$734
• Tax from tax record: −$53 /mo · $642/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $154

Break-even live

Break-even rent $1,071

Max offer price $140,000

Occupancy floor 83%

Sensitivity live

Price	-10% $234	-5% $194	+0% $154	+5% $115	+10% $75
Rent	-10% $54	-5% $104	+0% $154	+5% $204	+10% $254
Rate	-1.0pp $225	-0.5pp $190	base $154	+0.5pp $118	+1.0pp $81

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1236 Elm Ave Birmingham, AL	3.0	1.0	1888	$950	$0.50	45d	1	0.07mi
4221 50th Ave N Birmingham, AL	4.0	2.0	2984	$1,200	$0.40	13d	1	0.35mi
1224 Sloan Ave Birmingham, AL	3.0	2.0	2164	$1,200	$0.55	5d	1	0.36mi
1434 Thomason Ave Birmingham, AL	4.0	2.0	1644	$1,100	$0.67	45d	1	0.42mi
1225 Elizabeth Ave Birmingham, AL	3.0	1.5	1697	$1,100	$0.65	21d	1	0.62mi
4418 43rd St N Birmingham, AL	3.0	1.0	1710	$925	$0.54	25d	1	0.79mi
4029 44th Ave N Unit 1 Birmingham, AL	4.0	2.0	2768	$1,300	$0.47	45d	1	0.81mi

Listing history 21 events

1. 2026-06-22
   days on market $140,000 Active 45 DOM
2. 2026-06-18
   days on market $140,000 Active 42 DOM
3. 2026-06-17
   days on market $140,000 Active 41 DOM
4. 2026-06-16
   days on market $140,000 Active 40 DOM
5. 2026-06-15
   days on market $140,000 Active 39 DOM
6. 2026-06-13
   days on market $140,000 Active 37 DOM
7. 2026-06-10
   days on market $140,000 Active 34 DOM
8. 2026-06-09
   days on market $140,000 Active 33 DOM
9. 2026-06-08
   days on market $140,000 Active 32 DOM
10. 2026-06-07
    days on market $140,000 Active 31 DOM
11. 2026-06-05
    days on market $140,000 Active 28 DOM
12. 2026-06-03
    days on market $140,000 Active 27 DOM
13. 2026-06-02
    days on market $140,000 Active 26 DOM
14. 2026-06-01
    days on market $140,000 Active 25 DOM
15. 2026-05-31
    days on market $140,000 Active 24 DOM
16. 2026-05-13
    price $140,000 88-char remark

    Show marketing remark (88 chars)

    This property is subject to Lender and Court Approval. This property will be sold as-is.

17. 2026-05-12
    status Active 88-char remark

    Show marketing remark (88 chars)

    This property is subject to Lender and Court Approval. This property will be sold as-is.

18. 2026-04-12
    historical 88-char remark

    Show marketing remark (88 chars)

    This property is subject to Lender and Court Approval. This property will be sold as-is.

19. 2026-04-01
    listed $135,000 Active 88-char remark

    Show marketing remark (88 chars)

    This property is subject to Lender and Court Approval. This property will be sold as-is.

20. 2021-06-18
    soldstatus $95,000
21. 1981-05-29
    soldstatus $22,500

ⓘ 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: $642 · $53/mo
• Projected year-2 tax: $642 · $53/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 · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,196
• − Mortgage interest: −$7,842
• − Property taxes: −$642
• − Insurance: −$700
• − Repairs & maintenance: −$1,216
• − Management: −$1,216
• − Depreciation: −$4,073
• Taxable loss: −$492
• Est. tax savings @ 24.0%: +$118
• After-tax cash flow: $1,971/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: Tarrant City
• NCES district ID: 0103270
• Math proficiency: 4% ▼ -14.00%
• Reading proficiency: 17% ▼ -2.00%
• Median HH income: $29,256
• Composite: 8.0/100
• National rank: #9924
• State rank: #121 of 129 in AL

Livability — Tarrant

• Score: 51/100
• State rank: #507
• US rank: #25136

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tarrant, AL
• County: Jefferson County · 527,445 people
• City population: 12,240
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 12,240
• Household income: $40,486
• Rent vs Own: 52.5% rent · 47.5% own
• Severe rent burden: 594.0

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 0.58)
• Race & ethnicity: Black 57% White 27% Hispanic / Latino 14% Two or more races 6%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 1%
• Foreign-born: 7% · Canada, Guatemala
• Languages at home: 86% English-only · Spanish 13%

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: ▼ -74.54%
• Current HPI: 117.416
• Rent YoY: ▲ 3.58%
• 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

+522.2% since first listed

6 events — show timeline

• 2026-05-13 Price Changed $140,000 Greater Alabama MLS
• 2026-05-12 Relisted — Greater Alabama MLS
• 2026-04-12 Delisted — Greater Alabama MLS
• 2026-04-01 Listed $135,000 Greater Alabama MLS
• 2021-06-18 Sold (Public Records) $95,000 Public Records
• 1981-05-29 Sold (Public Records) $22,500 Public Records

Property tax history

+3.8%/yr

Latest (2025): $642 · +0.0% YoY. Source: county tax records.