800 Alden Ave · Midfield, AL 35228

$99,900

3 bd · 1.5 ba · 1,212 sqft · SingleFamily public records · 114 Days on market

Built 1978 7,840 sqft lot $82/sqft · 38% above area Est $72k · 38% over

---

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 +26.4/30.0
• DSCR +9.0/10.0
• 1% rule +7.0/10.0
• Livability +3.2/5.0
• Appreciation +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +0.7/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Welcome to 800 Alden Ave in Midfield, AL! This charming one-story home offers 3 bedrooms and 1.5 baths with a functional layout designed for comfortable everyday living. The home features a spacious living area with great natural light, a practical kitchen with ample cabinet space, and well-sized bedrooms. The half bath adds extra convenience for guests, while the single-level design provides easy accessibility throughout. Conveniently located near local amenities, shopping, and major roadways, this property is a wonderful opportunity for buyers looking for comfort, value, and convenience.

Key facts

• Half bath
• Spacious living area
• Practical kitchen

Tags

• SPACIOUS LIVING AREA
• PRACTICAL KITCHEN
• AMPLE CABINET SPACE
• HALF BATH
• SINGLE-LEVEL DESIGN
• EASY ACCESSIBILITY

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $260 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $91k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#164 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F, health & safety F.
• Midfield City (suburban): math 2% / reading 14% proficiency, ranked #126 of 129 in AL (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Midfield Elementary School (math 2% / reading 17%, grade F, #568 of 627 statewide, top 94%, 390 students, 84% FRL); Rutledge School (math 0% / reading 15%, grade F, #241 of 257 statewide, top 95%, 315 students, 92% FRL); Midfield High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 340 students, 87% FRL).
• Market conditions: Rents soft (-1.5%/yr); 88 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 47% 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 $691 of loan paydown is wiped out by about $3k 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 114 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $90,909 (9.0% below list)

Questions for the listing agent

1. It's been on market 114 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 1978 — 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 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?
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: 1.20% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 6.9

CMA / ARV

• ARV (median comp): $72,335
• List price: $99,900
• Delta: 38.11%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1221 Carol Cir	0.25mi	3/1.0	1,200 (-1%)	2mo	$75,000	$63	83
503 8th Ave	0.55mi	3/2.0	1,218 (+0%)	0mo	$75,000	$62	71
1545 Carol Cir	0.35mi	3/1.5	1,184 (-2%)	11mo	$85,000	$72	70
1401 Carol Cir	0.23mi	3/1.0	1,075 (-11%)	5mo	$105,000	$98	64
703 11th Ave	0.35mi	4/1.0 (+1)	1,302 (+7%)	1mo	$80,000	$61	64
930 Palmer Ave	0.59mi	3/2.0	1,290 (+6%)	11mo	$145,000	$112	51
916 Oakview Cir	0.69mi	3/1.0	1,150 (-5%)	9mo	$62,000	$54	50
812 7th Ave	0.63mi	3/2.0	1,319 (+9%)	7mo	$179,000	$136	48
1131 Oak St	0.58mi	3/2.0	1,323 (+9%)	11mo	$175,000	$132	47
1010 7th Ave	0.66mi	3/2.0	1,321 (+9%)	11mo	$57,000	$43	43
6012 Martin Luther Ave	0.70mi	3/1.0	1,380 (+14%)	2mo	$105,000	$76	41
907 7th St	0.45mi	2/1.0 (-1)	1,044 (-14%)	11mo	$56,500	$54	40

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: -3.1%
• Equity multiple: 0.89×
• Total profit: $-3,114
• Equity at exit: $14,895

10-year hold

• IRR: 2.9%
• Equity multiple: 1.18×
• Total profit: $5,113
• Equity at exit: $8,638

Cash invested: $27,972 (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 35228

• Home prices YoY: -3.5%
• Rents YoY: -1.5%
• Active inventory: 88
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,199 high
• Mortgage (P&I): −$524
• Tax from tax record: −$122 /mo · $1,459/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $260

Break-even live

Break-even rent $870

Max offer price $99,900

Occupancy floor 73%

Sensitivity live

Price	-10% $317	-5% $288	+0% $260	+5% $232	+10% $204
Rent	-10% $165	-5% $213	+0% $260	+5% $308	+10% $355
Rate	-1.0pp $311	-0.5pp $286	base $260	+0.5pp $234	+1.0pp $208

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
832 Alden Ave Birmingham, AL	4.0	2.0	1231	$1,150	$0.93	25d	1	0.11mi
806 12th Ave Birmingham, AL	3.0	1.0	1262	$1,075	$0.85	45d	1	0.34mi
603 11th Ave Birmingham, AL	3.0	1.0	1289	$1,100	$0.85	45d	1	0.37mi
1109 12th Ave Birmingham, AL	4.0	2.0	1217	$1,475	$1.21	5d	1	0.40mi
605 10th Ave Birmingham, AL	3.0	1.0	1060	$850	$0.80	45d	1	0.43mi
80 Wilkes Cir Birmingham, AL	4.0	2.0	1078	$1,200	$1.11	16d	1	0.47mi
63 Wilkes Cir Unit 1 Birmingham, AL	4.0	1.0	1164	$1,250	$1.07	45d	1	0.51mi
63 Wilkes Cir Birmingham, AL	4.0	1.0	1164	$1,200	$1.03	45d	1	0.51mi
617 8th Ave Birmingham, AL	4.0	2.0	1436	$1,350	$0.94	3d	1	0.55mi
36 Wilkes Cir Birmingham, AL	2.0	1.0	762	$875	$1.15	45d	1	0.56mi
616 Rutledge Dr Birmingham, AL	3.0	1.0	1416	$1,095	$0.77	23d	1	0.65mi
1401 9th Ave Birmingham, AL	3.0	2.0	1222	$1,200	$0.98	45d	1	0.68mi
4506 Letson St Brighton, AL	3.0	2.0	1032	$1,200	$1.16	25d	1	0.74mi
1254 Lewis St Brighton, AL	3.0	1.0	1200	$850	$0.71	45d	1	0.76mi
608 5th Ave Midfield, AL	3.0	1.0	1241	$795	$0.64	23d	1	0.77mi
222 4th Ave Birmingham, AL	3.0	1.0	1300	$1,050	$0.81	45d	1	0.93mi
226 3rd Ave Birmingham, AL	4.0	2.0	1248	$1,300	$1.04	45d	1	0.99mi
800 Fairfax Dr Fairfield, AL	4.0	2.0	1200	$1,650	$1.38	3d	1	1.00mi
925 Woodward Rd Birmingham, AL	2.0	2.0	1104	$950	$0.86	45d	1	1.01mi
733 Glen Ridge Dr Fairfield, AL	3.0	1.0	1225	$1,378	$1.12	3d	1	1.02mi
923 Woodward Rd Birmingham, AL	3.0	1.0	1273	$1,200	$0.94	25d	1	1.02mi
520 Brewer Dr Bessemer, AL	3.0	1.0	1040	$1,100	$1.06	5d	1	1.07mi
6001 Ivy St Birmingham, AL	3.0	1.0	906	$950	$1.05	45d	1	1.16mi
546 Selma Rd Bessemer, AL	3.0	1.0	888	$900	$1.01	45d	1	1.16mi
6025 Ivy St Birmingham, AL	4.0	2.0	1232	$1,300	$1.06	45d	1	1.21mi
6029 Ivy St Birmingham, AL	4.0	2.0	1234	$1,200	$0.97	45d	1	1.22mi
412 Fairfax Dr Unit 424-3 Fairfield, AL	3.0	1.5	1035	$1,200	$1.16	12d	1	1.25mi
412 Fairfax Dr Unit 416-11 Fairfield, AL	2.0	1.5	935	$975	$1.04	4d	1	1.25mi
412 Fairfax Dr Unit 400-12 Fairfield, AL	2.0	1.0	888	$915	$1.03	12d	1	1.25mi
412 Fairfax Dr Unit 424-10 Fairfield, AL	3.0	1.5	1035	$1,275	$1.23	13d	1	1.25mi
412 Fairfax Dr Unit 444-12 Fairfield, AL	2.0	1.0	888	$910	$1.02	12d	1	1.25mi
412 Fairfax Dr Unit 436-10 Fairfield, AL	2.0	1.0	888	$890	$1.00	12d	1	1.25mi
412 Fairfax Dr Unit 436-11 Fairfield, AL	2.0	1.5	935	$910	$0.97	12d	1	1.25mi
412 Fairfax Dr Unit 400-1 Fairfield, AL	2.0	1.5	935	$1,175	$1.26	4d	1	1.25mi
5624 Cairo Ave Birmingham, AL	4.0	2.0	1386	$1,200	$0.87	45d	1	1.32mi
5912 Owen St Bessemer, AL	3.0	1.5	1192	$1,300	$1.09	45d	1	1.44mi
5107 5th St N Bessemer, AL	2.0	1.0	775	$950	$1.23	45d	1	1.47mi
200 Woodward Dr Bessemer, AL	3.0	1.0	900	$1,123	$1.25	3d	1	1.50mi

Listing history 24 events

1. 2026-06-22
   days on market $99,900 Active 114 DOM
2. 2026-06-18
   days on market $99,900 Active 111 DOM
3. 2026-06-17
   days on market $99,900 Active 110 DOM
4. 2026-06-16
   days on market $99,900 Active 109 DOM
5. 2026-06-15
   days on market $99,900 Active 108 DOM
6. 2026-06-13
   days on market $99,900 Active 106 DOM
7. 2026-06-13
   days on market $99,900 Active 105 DOM
8. 2026-06-10
   days on market $99,900 Active 103 DOM
9. 2026-06-09
   days on market $99,900 Active 102 DOM
10. 2026-06-08
    days on market $99,900 Active 101 DOM
11. 2026-06-07
    days on market $99,900 Active 100 DOM
12. 2026-06-05
    days on market $99,900 Active 97 DOM
13. 2026-06-03
    days on market $99,900 Active 96 DOM
14. 2026-06-02
    days on market $99,900 Active 95 DOM
15. 2026-06-01
    days on market $99,900 Active 94 DOM
16. 2026-05-31
    days on market $99,900 Active 93 DOM
17. 2026-05-13
    price $99,900 596-char remark

    Show marketing remark (596 chars)

    Welcome to 800 Alden Ave in Midfield, AL! This charming one-story home offers 3 bedrooms and 1.5 baths with a functional layout designed for comfortable everyday living. The home features a spacious living area with great natural light, a practical kitchen with ample cabinet space, and well-sized bedrooms. The half bath adds extra convenience for guests, while the single-level design provides easy accessibility throughout. Conveniently located near local amenities, shopping, and major roadways, this property is a wonderful opportunity for buyers looking for comfort, value, and convenience.

18. 2026-02-28
    listed $109,900 Active 596-char remark

    Show marketing remark (596 chars)

    Welcome to 800 Alden Ave in Midfield, AL! This charming one-story home offers 3 bedrooms and 1.5 baths with a functional layout designed for comfortable everyday living. The home features a spacious living area with great natural light, a practical kitchen with ample cabinet space, and well-sized bedrooms. The half bath adds extra convenience for guests, while the single-level design provides easy accessibility throughout. Conveniently located near local amenities, shopping, and major roadways, this property is a wonderful opportunity for buyers looking for comfort, value, and convenience.

19. 2017-04-18
    soldstatus $945,500
20. 2016-05-13
    soldstatus $54,000
21. 2016-05-12
    soldstatus $54,000 Sold 369-char remark

    Show marketing remark (369 chars)

    Updated home that is ready for its new owner. This home is a must see. This home has been updated with a Beautiful Kitchen that features New Cabinets, Countertops and Tile Floors. It will be a pleasure to entertain guest in this kitchen. Updated Baths with Vanities and Tile. Home features 3 nice size Bedrooms. A Covered Deck on the back for relaxing and entertaining.

22. 2016-01-17
    listed $65,000 Active 369-char remark

    Show marketing remark (369 chars)

    Updated home that is ready for its new owner. This home is a must see. This home has been updated with a Beautiful Kitchen that features New Cabinets, Countertops and Tile Floors. It will be a pleasure to entertain guest in this kitchen. Updated Baths with Vanities and Tile. Home features 3 nice size Bedrooms. A Covered Deck on the back for relaxing and entertaining.

23. 1998-10-08
    soldstatus $50,000
24. 1994-02-16
    soldstatus $44,100

ⓘ 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: $1,459 · $122/mo
• Projected year-2 tax: $1,459 · $122/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 1/10 Low
• 🌡 Heat 6/10 Major 6 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $14,389
• − Mortgage interest: −$5,596
• − Property taxes: −$1,459
• − Insurance: −$500
• − Repairs & maintenance: −$1,151
• − Management: −$1,151
• − Depreciation: −$2,906
• Taxable income: $1,626
• Est. tax owed @ 24.0%: −$390
• After-tax cash flow: $2,732/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: Midfield City
• NCES district ID: 0102350
• Math proficiency: 2% ▼ -18.00%
• Reading proficiency: 14% ▼ -5.00%
• Median HH income: $39,267
• Composite: 6.89/100
• National rank: #9978
• State rank: #126 of 129 in AL

Livability — Midfield

• Score: 64/100
• State rank: #164
• US rank: #14536

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midfield, AL
• County: Jefferson County · 527,445 people
• City population: 10,216
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 10,216
• Household income: $50,815
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 456.0

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 (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 5% Two or more races 5% White 5%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 5%

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: ▼ -4.84%
• Current HPI: 134.8633
• Rent YoY: ▼ -1.47%
• 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

+126.5% since first listed

8 events — show timeline

• 2026-05-13 Price Changed $99,900 Greater Alabama MLS
• 2026-02-28 Listed $109,900 Greater Alabama MLS
• 2017-04-18 Sold (Public Records) $945,500 Public Records
• 2016-05-13 Sold (Public Records) $54,000 Public Records
• 2016-05-12 Sold (MLS) $54,000 Greater Alabama MLS
• 2016-01-17 Listed $65,000 Greater Alabama MLS
• 1998-10-08 Sold (Public Records) $50,000 Public Records
• 1994-02-16 Sold (Public Records) $44,100 Public Records

Property tax history

+4.1%/yr

Latest (2025): $1,459 · +0.0% YoY. Source: county tax records.