3324 Long Avenue D · Bessemer, AL 35020

$60,000

2 bd · 1.0 ba · 832 sqft · SingleFamily public records · 117 Days on market

Built 1940 7,405 sqft lot $72/sqft · 17% above area Est $51k · 17% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Schools +0.8/10.0
• ARV discount +0.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful and cozy home, move-in ready. This two-bedroom, one full-bath home features a welcoming living room perfect for family time, bedrooms filled with beautiful natural light, and a full bathroom with a shower and bathtub. The kitchen comes equipped with a refrigerator and electric stove, ready for use. Don’t miss the opportunity to see it and make it your own. The seller IS offering the option to finance the home with a $15,000.00 down payment and monthly payments of $1,200.00 for 10 years without credit check.

Key facts

• 7,405 sq ft lot
• Built 1940
• Listed 117 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $465 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Recommended offer: $55k (9.0% below list) — sets the bar for market timing.
• Cap rate 15.6% 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: schools D-, crime F, amenities 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.
• Market conditions: Rents falling (-3.1%/yr); 115 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 47% 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 36% 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 $415 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $35k (37%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $27k; list at $60k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 36% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $54,600 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 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 1940 — 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. 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. 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.
8. 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.
9. 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: 1.75% ✓
• Cap rate: 15.60%
• Cash-on-cash: 33.24%
• DSCR: 2.48
• GRM: 4.8

CMA / ARV

• ARV (median comp): $51,495
• List price: $60,000
• Delta: 16.52%
• Verdict: OVERPRICED
• Comps: 15 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3230 Arlington Ave	0.58mi	2/1.0	864 (+4%)	18mo	$20,000	$23	52
5906 5th St S	0.71mi	2/1.0	816 (-2%)	24mo	$60,000	$74	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: 25.2%
• Equity multiple: 2.00×
• Total profit: $16,832
• Equity at exit: $8,946

10-year hold

• IRR: 31.1%
• Equity multiple: 3.43×
• Total profit: $40,889
• Equity at exit: $5,188

Cash invested: $16,800 (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: 4.8×

Monthly cashflow live

• Estimated rent: $1,048 high
• Mortgage (P&I): −$315
• Tax from tax record: −$23 /mo · $278/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$220
• Net cashflow: $465

Break-even live

Break-even rent $459

Max offer price $60,000

Occupancy floor 51%

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3403 Arlington Ave Bessemer, AL	2.0	1.0	600	$900	$1.50	24d	1	0.50mi
5906 5th St S Bessemer, AL	2.0	1.0	916	$900	$0.98	24d	1	0.73mi
5703 Avenue O Unit O Bessemer, AL	2.0	1.0	936	$800	$0.85	44d	1	0.86mi
5107 5th St N Bessemer, AL	2.0	1.0	775	$950	$1.23	44d	1	0.95mi
101 Leaf Lake Pkwy Birmingham, AL	1.0–2.0	1.0–2.0	1074	$1,570	$1.46	2d	25	1.07mi
3019 7th Ave N Bessemer, AL	3.0	1.0	1080	$1,050	$0.97	44d	1	1.19mi
546 Selma Rd Bessemer, AL	3.0	1.0	888	$900	$1.01	44d	1	1.25mi
2123 Arlington Ave Bessemer, AL	3.0	1.0	616	$950	$1.54	16d	1	1.28mi
5709 13th St S Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	44d	1	1.31mi
6001 Ivy St Birmingham, AL	3.0	1.0	906	$950	$1.05	44d	1	1.34mi
520 Brewer Dr Bessemer, AL	3.0	1.0	1040	$1,100	$1.06	3d	1	1.36mi
5704 14th St S Bessemer, AL	2.0	2.0	1024	$850	$0.83	16d	1	1.37mi
1909 Holbrook Ave Bessemer, AL	2.0	1.0	1064	$930	$0.87	44d	1	1.39mi
101 Leaf Lake Blvd Apt 813 Birmingham, AL	1.0	1.0	903	$1,330	$1.47	16d	1	1.41mi
101 Leaf Lake Blvd Apt 1004 Birmingham, AL	1.0	1.0	903	$1,330	$1.47	3d	1	1.41mi
101 Leaf Lake Blvd Apt 605 Birmingham, AL	1.0	1.0	854	$1,320	$1.55	3d	1	1.41mi
101 Leaf Lake Blvd Apt 805 Birmingham, AL	1.0	1.0	854	$1,220	$1.43	16d	1	1.41mi
1830 Exeter Ave Bessemer, AL	2.0	1.0	913	$850	$0.93	44d	1	1.45mi
420 19th St S Bessemer, AL	2.0	1.0	910	$850	$0.93	44d	1	1.45mi

Listing history 25 events

1. 2026-06-18
   days on market $60,000 Active 117 DOM
2. 2026-06-17
   days on market $60,000 Active 116 DOM
3. 2026-06-16
   days on market $60,000 Active 115 DOM
4. 2026-06-15
   days on market $60,000 Active 114 DOM
5. 2026-06-13
   days on market $60,000 Active 112 DOM
6. 2026-06-10
   days on market $60,000 Active 109 DOM
7. 2026-06-09
   days on market $60,000 Active 108 DOM
8. 2026-06-08
   days on market $60,000 Active 107 DOM
9. 2026-06-07
   days on market $60,000 Active 106 DOM
10. 2026-06-05
    days on market $60,000 Active 103 DOM
11. 2026-06-03
    days on market $60,000 Active 102 DOM
12. 2026-06-02
    days on market $60,000 Active 101 DOM
13. 2026-06-01
    days on market $60,000 Active 100 DOM
14. 2026-05-31
    days on market $60,000 Active 99 DOM
15. 2026-05-06
    price $60,000 528-char remark

    Show marketing remark (528 chars)

    Beautiful and cozy home, move-in ready. This two-bedroom, one full-bath home features a welcoming living room perfect for family time, bedrooms filled with beautiful natural light, and a full bathroom with a shower and bathtub. The kitchen comes equipped with a refrigerator and electric stove, ready for use. Don’t miss the opportunity to see it and make it your own. The seller IS offering the option to finance the home with a $15,000.00 down payment and monthly payments of $1,200.00 for 10 years without credit check.

16. 2026-05-06
    status Active 528-char remark

    Show marketing remark (528 chars)

    Beautiful and cozy home, move-in ready. This two-bedroom, one full-bath home features a welcoming living room perfect for family time, bedrooms filled with beautiful natural light, and a full bathroom with a shower and bathtub. The kitchen comes equipped with a refrigerator and electric stove, ready for use. Don’t miss the opportunity to see it and make it your own. The seller IS offering the option to finance the home with a $15,000.00 down payment and monthly payments of $1,200.00 for 10 years without credit check.

17. 2026-05-04
    historical 528-char remark

    Show marketing remark (528 chars)

    Beautiful and cozy home, move-in ready. This two-bedroom, one full-bath home features a welcoming living room perfect for family time, bedrooms filled with beautiful natural light, and a full bathroom with a shower and bathtub. The kitchen comes equipped with a refrigerator and electric stove, ready for use. Don’t miss the opportunity to see it and make it your own. The seller IS offering the option to finance the home with a $15,000.00 down payment and monthly payments of $1,200.00 for 10 years without credit check.

18. 2026-03-25
    price $75,000 528-char remark

    Show marketing remark (528 chars)

    Beautiful and cozy home, move-in ready. This two-bedroom, one full-bath home features a welcoming living room perfect for family time, bedrooms filled with beautiful natural light, and a full bathroom with a shower and bathtub. The kitchen comes equipped with a refrigerator and electric stove, ready for use. Don’t miss the opportunity to see it and make it your own. The seller IS offering the option to finance the home with a $15,000.00 down payment and monthly payments of $1,200.00 for 10 years without credit check.

19. 2026-02-18
    listed $95,000 Active 528-char remark

    Show marketing remark (528 chars)

    Beautiful and cozy home, move-in ready. This two-bedroom, one full-bath home features a welcoming living room perfect for family time, bedrooms filled with beautiful natural light, and a full bathroom with a shower and bathtub. The kitchen comes equipped with a refrigerator and electric stove, ready for use. Don’t miss the opportunity to see it and make it your own. The seller IS offering the option to finance the home with a $15,000.00 down payment and monthly payments of $1,200.00 for 10 years without credit check.

20. 2025-09-30
    soldstatus $27,000 Sold 200-char remark

    Show marketing remark (200 chars)

    Great investment property. This property is a family home and currently has a tenant. It may need some TLC but it is a great property that sits on a cul-de-sac. Great property to add to your portfolio

21. 2025-09-30
    soldstatus $27,000 Sold

    Show marketing remark (200 chars)

    Great investment property. This property is a family home and currently has a tenant. It may need some TLC but it is a great property that sits on a cul-de-sac. Great property to add to your portfolio

22. 2025-07-11
    listed $30,000 Active 200-char remark

    Show marketing remark (200 chars)

    Great investment property. This property is a family home and currently has a tenant. It may need some TLC but it is a great property that sits on a cul-de-sac. Great property to add to your portfolio

23. 2025-05-21
    historical
24. 2025-04-09
    price $32,000
25. 2024-11-18
    listed $35,000 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: $278 · $23/mo
• Projected year-2 tax: $278 · $23/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 ≥107°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 36% 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: $12,580
• − Mortgage interest: −$3,361
• − Property taxes: −$278
• − Insurance: −$300
• − Repairs & maintenance: −$1,006
• − Management: −$1,006
• − Depreciation: −$1,745
• Taxable income: $4,884
• Est. tax owed @ 24.0%: −$1,172
• After-tax cash flow: $4,413/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

+71.4% since first listed

11 events — show timeline

• 2026-05-06 Price Changed $60,000 Greater Alabama MLS
• 2026-05-06 Relisted — Greater Alabama MLS
• 2026-05-04 Delisted — Greater Alabama MLS
• 2026-03-25 Price Changed $75,000 Greater Alabama MLS
• 2026-02-18 Listed $95,000 Greater Alabama MLS
• 2025-09-30 Sold (MLS) $27,000 Greater Alabama MLS
• 2025-09-30 Sold (MLS) $27,000 Greater Alabama MLS
• 2025-07-11 Listed $30,000 Greater Alabama MLS
• 2025-05-21 Delisted — Greater Alabama MLS
• 2025-04-09 Price Changed $32,000 Greater Alabama MLS
• 2024-11-18 Listed $35,000 Greater Alabama MLS

Property tax history

+3.7%/yr

Latest (2025): $278 · +0.0% YoY. Source: county tax records.