3005 33rd Pl N · Birmingham, AL 35207

$65,900

3 bd · 1.0 ba · 1,120 sqft · SingleFamily public records · 69 Days on market

Built 1945 3,484 sqft lot $59/sqft · 8% above area Est $61k · 8% over

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +4.0/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0

Listing remarks MLS

Opportunity Knocks in Birmingham! Whether you're looking for your first home or your next investment, this property checks the boxes. Conveniently located near downtown, schools, and major highways, it offers both accessibility and potential. The fenced-in backyard adds extra value perfect for pets or future upgrades. With an affordable entry point and strong upside, this is your chance to secure a property that can grow with you or your portfolio.

Key facts

• 3,484 sq ft lot
• Built 1945
• Listed 69 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $66k.

Deal economics

• At list price, monthly cash flow is $-14 ($-171/yr) — negative.
• To cash-flow at today's rent, offer at most $64k (3.1% below list).
• Meets the 1% rule at list price ($1k rent vs $66k).
• Recommended offer: $62k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 6.2% in Birmingham — 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 67/100 on livability (#78 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, schools F, crime F.
• Birmingham City (urban): math 4% / reading 20% proficiency, ranked #116 of 129 in AL (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 42 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 41% 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

• In year one you build about $7k of equity ($456 loan paydown + $7k 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.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y 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.
• Current owner paid $42k; list at $66k implies a 58% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); major wind risk, 27% 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 $61,946 (6.0% 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 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.67% ✓
• Cap rate: 13.80%
• Cash-on-cash: 26.82%
• DSCR: 2.19
• GRM: 5.0

CMA / ARV

• ARV (median comp): $61,137
• List price: $65,900
• Delta: 7.79%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3311 33rd Pl N	0.19mi	3/1.0	1,200 (+7%)	12mo	$80,000	$67	69
3429 31st Pl	0.52mi	2/2.0 (-1)	1,120 (0%)	19mo	$30,000	$27	51
3426 31st Pl N	0.53mi	3/1.0	1,008 (-10%)	23mo	$8,500	$8	39
1720 34th Pl N	0.74mi	2/1.0 (-1)	1,241 (+11%)	16mo	$50,000	$40	29

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: 23.8%
• Equity multiple: 2.91×
• Total profit: $35,265
• Equity at exit: $59,368

10-year hold

• IRR: 21.2%
• Equity multiple: 6.70×
• Total profit: $105,114
• Equity at exit: $128,029

Cash invested: $18,452 (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 35207

• Home prices YoY: 18.7%
• Active inventory: 42
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,098 high
• Mortgage (P&I): −$346
• Tax est. 1.5%: −$82 /mo · $988/yr
• Insurance: −$27
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$231
• Net cashflow: $-14

Break-even live

Break-even rent $1,116

Max offer price $63,844

Occupancy floor 96%

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: $16,475
• Closing costs: $1,977
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3373 33rd Pl N Birmingham, AL	3.0	1.0	912	$1,150	$1.26	3d	1	0.34mi
3376 34th St N Birmingham, AL	3.0	1.0	928	$1,200	$1.29	11d	1	0.35mi
3376 34th St N Birmingham, AL	3.0	2.0	928	$1,200	$1.29	23d	1	0.35mi
3376 34th Ave N Birmingham, AL	3.0	2.0	928	$1,200	$1.29	2d	1	0.41mi
2129 30th Pl N Birmingham, AL	3.0	1.0	1042	$1,000	$0.96	23d	1	0.53mi
3016 33rd Ct N Birmingham, AL	3.0	1.0	1012	$1,100	$1.09	43d	1	0.53mi
3311 16th Ave N Unit 3323 Birmingham, AL	2.0	1.0	750	$850	$1.13	1d	1	0.80mi
3311 16th Ave N Unit 3321 Birmingham, AL	2.0	1.0	750	$850	$1.13	23d	1	0.80mi
3311 16th Ave N Unit 3317 Birmingham, AL	2.0	1.0	750	$850	$1.13	43d	1	0.80mi
3509 Norwood Blvd Birmingham, AL	2.0	1.0	943	$1,100	$1.17	3d	1	0.90mi
1515 36th Pl N Birmingham, AL	3.0	2.0	1204	$1,273	$1.06	43d	1	0.90mi
3001 Norwood Blvd Birmingham, AL	2.0	2.0	1092	$1,500	$1.37	3d	1	0.90mi
3708 42nd Ave N Birmingham, AL	3.0	1.0	876	$950	$1.08	43d	1	0.99mi
1405 33rd St N Birmingham, AL	3.0	1.0	952	$990	$1.04	23d	1	1.00mi
1444 31st St N Birmingham, AL	4.0	1.0	1014	$1,295	$1.28	23d	1	1.03mi
2608 20th Ave N Birmingham, AL	2.0	1.0	750	$895	$1.19	43d	1	1.08mi
2608 20th Ave N Unit 5 Birmingham, AL	2.0	1.0	750	$875	$1.17	43d	1	1.08mi
2108 25th St N Birmingham, AL	4.0	2.0	1446	$1,300	$0.90	43d	1	1.18mi
2428 21st Ave N Birmingham, AL	2.0	1.0	700	$975	$1.39	1d	1	1.20mi
2428 21st Ave N Birmingham, AL	2.0	1.0	700	$975	$1.39	2d	1	1.20mi
2428 21st Ave N Birmingham, AL	2.0	1.0	700	$975	$1.39	10d	1	1.20mi
4316 Gadsden St Birmingham, AL	2.0	1.0	1048	$1,100	$1.05	3d	1	1.23mi
2400 19th Ave N Unit B Birmingham, AL	2.0	1.0	750	$850	$1.13	21d	1	1.28mi
1303 Main St Birmingham, AL	4.0	2.0	1432	$1,300	$0.91	43d	1	1.30mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	43d	1	1.32mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	23d	1	1.32mi
2300 21st Ave N Birmingham, AL	2.0	1.0	700	$880	$1.26	43d	2	1.34mi
3920 11th Ave N Birmingham, AL	3.0	2.0	1200	$1,025	$0.85	1d	1	1.35mi
2000 Stouts Rd Birmingham, AL	2.0	1.0	700	$880	$1.26	43d	2	1.39mi
2129 30th Ave N Birmingham, AL	3.0	1.0	1042	$1,000	$0.96	43d	1	1.40mi
4244 Jackson St Birmingham, AL	3.0	1.0	858	$1,100	$1.28	43d	1	1.41mi
4028 40th Ave N Birmingham, AL	3.0	1.0	1186	$950	$0.80	43d	1	1.42mi
1017 Cahaba St Birmingham, AL	2.0	2.0	1035	$1,350	$1.30	3d	1	1.43mi
1911 19th Ct N Apt 1 Birmingham, AL	2.0	1.0	750	$845	$1.13	11d	1	1.45mi

Listing history 20 events

1. 2026-06-18
   days on market $65,900 Active 69 DOM
2. 2026-06-17
   days on market $65,900 Active 68 DOM
3. 2026-06-16
   days on market $65,900 Active 67 DOM
4. 2026-06-15
   days on market $65,900 Active 66 DOM
5. 2026-06-13
   days on market $65,900 Active 64 DOM
6. 2026-06-10
   days on market $65,900 Active 61 DOM
7. 2026-06-09
   days on market $65,900 Active 60 DOM
8. 2026-06-08
   days on market $65,900 Active 59 DOM
9. 2026-06-07
   days on market $65,900 Active 58 DOM
10. 2026-06-03
    days on market $65,900 Active 54 DOM
11. 2026-06-02
    days on market $65,900 Active 53 DOM
12. 2026-06-01
    days on market $65,900 Active 52 DOM
13. 2026-05-31
    days on market $65,900 Active 51 DOM
14. 2026-04-10
    listed $65,900 Active 452-char remark

    Show marketing remark (452 chars)

    Opportunity Knocks in Birmingham! Whether you're looking for your first home or your next investment, this property checks the boxes. Conveniently located near downtown, schools, and major highways, it offers both accessibility and potential. The fenced-in backyard adds extra value perfect for pets or future upgrades. With an affordable entry point and strong upside, this is your chance to secure a property that can grow with you or your portfolio.

15. 2026-03-27
    historical $65,900 452-char remark

    Show marketing remark (452 chars)

    Opportunity Knocks in Birmingham! Whether you're looking for your first home or your next investment, this property checks the boxes. Conveniently located near downtown, schools, and major highways, it offers both accessibility and potential. The fenced-in backyard adds extra value perfect for pets or future upgrades. With an affordable entry point and strong upside, this is your chance to secure a property that can grow with you or your portfolio.

16. 2021-08-06
    soldstatus $41,600 Sold 674-char remark

    Show marketing remark (674 chars)

    If you are looking for a home that is ready to move into without doing anything this home is for you. If you want the nicest home on the street this is it. Home has been taken care of over the years. The bathroom was remodeled two years ago. Hardwood floors under the carpets. Great eat in kitchen. Great size bedrooms. Metal roof, fresh paint on the outside, covered carport for two cars and concrete driveway, new covered deck, and a patio. Storage building stays with the property. Fenced in yard, the home is located at the end of the street for privacy. Enjoy the front covered porch. Nothing to do move in ready. Home being sold as is. Make sure to view the 360 tour!!

17. 2021-07-17
    historical 674-char remark

    Show marketing remark (674 chars)

    If you are looking for a home that is ready to move into without doing anything this home is for you. If you want the nicest home on the street this is it. Home has been taken care of over the years. The bathroom was remodeled two years ago. Hardwood floors under the carpets. Great eat in kitchen. Great size bedrooms. Metal roof, fresh paint on the outside, covered carport for two cars and concrete driveway, new covered deck, and a patio. Storage building stays with the property. Fenced in yard, the home is located at the end of the street for privacy. Enjoy the front covered porch. Nothing to do move in ready. Home being sold as is. Make sure to view the 360 tour!!

18. 2021-01-13
    status Active 674-char remark

    Show marketing remark (674 chars)

    If you are looking for a home that is ready to move into without doing anything this home is for you. If you want the nicest home on the street this is it. Home has been taken care of over the years. The bathroom was remodeled two years ago. Hardwood floors under the carpets. Great eat in kitchen. Great size bedrooms. Metal roof, fresh paint on the outside, covered carport for two cars and concrete driveway, new covered deck, and a patio. Storage building stays with the property. Fenced in yard, the home is located at the end of the street for privacy. Enjoy the front covered porch. Nothing to do move in ready. Home being sold as is. Make sure to view the 360 tour!!

19. 2020-06-22
    historical Contingent 674-char remark

    Show marketing remark (674 chars)

    If you are looking for a home that is ready to move into without doing anything this home is for you. If you want the nicest home on the street this is it. Home has been taken care of over the years. The bathroom was remodeled two years ago. Hardwood floors under the carpets. Great eat in kitchen. Great size bedrooms. Metal roof, fresh paint on the outside, covered carport for two cars and concrete driveway, new covered deck, and a patio. Storage building stays with the property. Fenced in yard, the home is located at the end of the street for privacy. Enjoy the front covered porch. Nothing to do move in ready. Home being sold as is. Make sure to view the 360 tour!!

20. 2020-05-01
    listed $45,900 Active 674-char remark

    Show marketing remark (674 chars)

    If you are looking for a home that is ready to move into without doing anything this home is for you. If you want the nicest home on the street this is it. Home has been taken care of over the years. The bathroom was remodeled two years ago. Hardwood floors under the carpets. Great eat in kitchen. Great size bedrooms. Metal roof, fresh paint on the outside, covered carport for two cars and concrete driveway, new covered deck, and a patio. Storage building stays with the property. Fenced in yard, the home is located at the end of the street for privacy. Enjoy the front covered porch. Nothing to do move in ready. Home being sold as is. Make sure to view the 360 tour!!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone AE · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 19 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: $13,181
• − Mortgage interest: −$3,691
• − Property taxes: −$988
• − Insurance: −$5,448
• − Repairs & maintenance: −$1,054
• − Management: −$1,054
• − Depreciation: −$1,917
• Taxable loss: −$973
• Est. tax savings @ 24.0%: +$234
• After-tax cash flow: $63/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: Birmingham City
• NCES district ID: 0100390
• Math proficiency: 4% ▼ -17.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $31,988
• Composite: 9.49/100
• National rank: #9850
• State rank: #116 of 129 in AL

Livability — Birmingham

• Score: 67/100
• State rank: #78
• US rank: #10412

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Birmingham, AL
• City population: 210,422
• Population (ZIP): 6,824

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 (86%)
• Race & ethnicity: Black 86% White 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 6% French/Haitian/Cajun 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: ▲ 35.95%
• Current HPI: 228.5664
• 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

+43.6% since first listed

7 events — show timeline

• 2026-04-10 Listed $65,900 Greater Alabama MLS
• 2026-03-27 Coming Soon $65,900 Greater Alabama MLS
• 2021-08-06 Sold (MLS) $41,600 Greater Alabama MLS
• 2021-07-17 Delisted — Greater Alabama MLS
• 2021-01-13 Relisted — Greater Alabama MLS
• 2020-06-22 Contingent — Greater Alabama MLS
• 2020-05-01 Listed $45,900 Greater Alabama MLS