206 Highway Ave · Midfield, AL 35228

$99,000

3 bd · 1.0 ba · 1,304 sqft · SingleFamily public records · 27 Days on market

Built 1950 7,840 sqft lot $76/sqft · 9% above area Est $88k · 12% 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 +25.7/30.0
• DSCR +8.6/10.0
• 1% rule +7.2/10.0
• Livability +3.2/5.0
• Appreciation +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• ARV discount +2.0/15.0
• Schools +0.7/10.0

Listing remarks MLS

Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

Key facts

• Fenced in backyard
• Spacious deck
• Storage shed

Tags

• NEW HVAC SYSTEM
• SPACIOUS DECK
• FENCED IN BACKYARD
• STORAGE SHED

Property features AI

Finance

• Other: Lot size approximately 0.18 acres; Located in the Midfield subdivision
• HOA & community: No association fee

Exterior

• Parking: Driveway parking; One carport space
• Utilities: Public water; Septic system; Electric water heater; Internet service availability unknown
• Home design: Existing home; Single-story (rooms listed at main level); Siding exterior (vinyl and other siding)
• Construction: Crawl space foundation
• Exterior features: Open deck; No pool; No patio; No garden/patio; Not waterfront; No notable lot view

Interior

• Kitchen: Solid surface countertops; Built-in dishwasher; Gas stove
• Bedrooms: Four bedrooms on the main level
• Flooring: Hardwood laminate floors
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Electric heating; Central electric cooling
• Interior features: Smooth ceilings; No additional interior features listed
• Laundry & utility: Laundry on the main level; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $98k (1.5% 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); Midfield High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 340 students, 87% FRL) — zoned schools at 86% FRL track the district average.
• Market conditions: Rents soft (-1.5%/yr); 87 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $684 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 27 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 9y 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.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $97,515 (1.5% below list)

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.22% ✓
• Cap rate: 9.17%
• Cash-on-cash: 10.29%
• DSCR: 1.46
• GRM: 6.9

CMA / ARV

• ARV (median comp): $88,287
• List price: $99,000
• Delta: 12.13%
• 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
923 Woodward Rd	0.27mi	3/1.0	1,273 (-2%)	5mo	$65,000	$51	80
215 1st Ave	0.36mi	3/1.0	1,296 (-1%)	11mo	$54,000	$42	73
1131 Oak St	0.42mi	3/2.0	1,323 (+2%)	11mo	$175,000	$132	65
927 Woodward Rd	0.26mi	3/1.5	1,148 (-12%)	1mo	$40,000	$35	65
6012 Martin Luther Ave	0.64mi	3/1.0	1,380 (+6%)	1mo	$105,000	$76	60
930 Palmer Ave	0.58mi	3/2.0	1,290 (-1%)	11mo	$145,000	$112	58
5045 Juanita Cir	0.38mi	3/1.5	1,176 (-10%)	11mo	$110,000	$94	55
5624 Cairo Ave	0.47mi	2/1.0 (-1)	1,386 (+6%)	10mo	$82,000	$59	54
916 Oakview Cir	0.51mi	3/1.0	1,150 (-12%)	9mo	$62,000	$54	49
828 Westfield Dr	0.59mi	4/1.5 (+1)	1,424 (+9%)	12mo	$144,000	$101	40
1021 Hillandale Dr	0.67mi	3/1.0	1,140 (-13%)	12mo	$75,900	$67	38
5409 Huntsville Ave	0.43mi	4/2.0 (+1)	1,488 (+14%)	17mo	$55,000	$37	33

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: -4.4%
• Equity multiple: 0.84×
• Total profit: $-4,392
• Equity at exit: $14,761

10-year hold

• IRR: 1.3%
• Equity multiple: 1.08×
• Total profit: $2,184
• Equity at exit: $8,560

Cash invested: $27,720 (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: 87
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,204 high
• Mortgage (P&I): −$519
• Tax from tax record: −$153 /mo · $1,836/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $238

Break-even live

Break-even rent $903

Max offer price $99,000

Occupancy floor 75%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
925 Woodward Rd Birmingham, AL	2.0	2.0	1104	$950	$0.86	44d	1	0.24mi
923 Woodward Rd Birmingham, AL	3.0	1.0	1273	$1,200	$0.94	24d	1	0.24mi
226 3rd Ave Birmingham, AL	4.0	2.0	1248	$1,300	$1.04	44d	1	0.37mi
222 4th Ave Birmingham, AL	3.0	1.0	1300	$1,050	$0.81	44d	1	0.38mi
5624 Cairo Ave Birmingham, AL	4.0	2.0	1386	$1,200	$0.87	44d	1	0.49mi
63 Wilkes Cir Birmingham, AL	4.0	1.0	1164	$1,200	$1.03	44d	1	0.50mi
63 Wilkes Cir Unit 1 Birmingham, AL	4.0	1.0	1164	$1,250	$1.07	44d	1	0.50mi
80 Wilkes Cir Birmingham, AL	4.0	2.0	1078	$1,200	$1.11	14d	1	0.54mi
800 Fairfax Dr Fairfield, AL	4.0	2.0	1200	$1,650	$1.38	2d	1	0.54mi
733 Glen Ridge Dr Fairfield, AL	3.0	1.0	1225	$1,378	$1.12	2d	1	0.67mi
412 Fairfax Dr Unit 424-3 Fairfield, AL	3.0	1.5	1035	$1,200	$1.16	10d	1	0.79mi
412 Fairfax Dr Unit 424-10 Fairfield, AL	3.0	1.5	1035	$1,275	$1.23	12d	1	0.79mi
412 Fairfax Dr Unit 416-11 Fairfield, AL	2.0	1.5	935	$975	$1.04	3d	1	0.79mi
412 Fairfax Dr Unit 444-12 Fairfield, AL	2.0	1.0	888	$910	$1.02	10d	1	0.79mi
412 Fairfax Dr Unit 400-1 Fairfield, AL	2.0	1.5	935	$1,175	$1.26	3d	1	0.79mi
412 Fairfax Dr Unit 400-12 Fairfield, AL	2.0	1.0	888	$915	$1.03	10d	1	0.79mi
412 Fairfax Dr Unit 436-10 Fairfield, AL	2.0	1.0	888	$890	$1.00	10d	1	0.79mi
412 Fairfax Dr Unit 436-11 Fairfield, AL	2.0	1.5	935	$910	$0.97	10d	1	0.79mi
517 Grant St Birmingham, AL	3.0	1.0	912	$850	$0.93	24d	1	0.81mi
537 Grant St Birmingham, AL	3.0	1.0	1444	$1,200	$0.83	24d	1	0.84mi
1721 Collier Dr Birmingham, AL	2.0	1.0	925	$800	$0.86	44d	1	0.84mi
603 11th Ave Birmingham, AL	3.0	1.0	1289	$1,100	$0.85	44d	1	0.88mi
605 10th Ave Birmingham, AL	3.0	1.0	1060	$850	$0.80	44d	1	0.89mi
616 Rutledge Dr Birmingham, AL	3.0	1.0	1416	$1,095	$0.77	21d	1	0.92mi
617 8th Ave Birmingham, AL	4.0	2.0	1436	$1,350	$0.94	2d	1	0.93mi
608 5th Ave Midfield, AL	3.0	1.0	1241	$795	$0.64	21d	1	0.94mi
806 12th Ave Birmingham, AL	3.0	1.0	1262	$1,075	$0.85	44d	1	1.01mi
120 Parkwood St Birmingham, AL	3.0	1.5	1224	$1,150	$0.94	16d	1	1.06mi
832 Alden Ave Birmingham, AL	4.0	2.0	1231	$1,150	$0.93	24d	1	1.07mi
801 Rutledge Dr Birmingham, AL	4.0	2.0	1808	$1,600	$0.88	2d	1	1.10mi
1109 12th Ave Birmingham, AL	4.0	2.0	1217	$1,475	$1.21	3d	1	1.19mi
6001 Ivy St Birmingham, AL	3.0	1.0	906	$950	$1.05	44d	1	1.31mi
1433 Rayfield Dr Birmingham, AL	3.0	1.0	1064	$950	$0.89	44d	1	1.33mi
6629 Grasselli Rd Fairfield, AL	4.0	1.0	1114	$1,295	$1.16	44d	1	1.34mi
5704 14th St S Bessemer, AL	2.0	2.0	1024	$850	$0.83	16d	1	1.35mi
520 Brewer Dr Bessemer, AL	3.0	1.0	1040	$1,100	$1.06	3d	1	1.35mi
6025 Ivy St Birmingham, AL	4.0	2.0	1232	$1,300	$1.06	44d	1	1.36mi
6029 Ivy St Birmingham, AL	4.0	2.0	1234	$1,200	$0.97	44d	1	1.37mi
1412 Woodward Rd Birmingham, AL	3.0	1.0	1220	$1,203	$0.99	16d	1	1.38mi
1401 9th Ave Birmingham, AL	3.0	2.0	1222	$1,200	$0.98	44d	1	1.40mi

Listing history 26 events

1. 2026-06-13
   status $99,000 Pending 27 DOM
2. 2026-06-10
   days on market $99,000 Active 27 DOM
3. 2026-06-09
   days on market $99,000 Active 26 DOM
4. 2026-06-08
   days on market $99,000 Active 25 DOM
5. 2026-06-07
   days on market $99,000 Active 24 DOM
6. 2026-06-05
   days on market $99,000 Active 21 DOM
7. 2026-06-03
   days on market $99,000 Active 20 DOM
8. 2026-06-02
   days on market $99,000 Active 19 DOM
9. 2026-06-01
   days on market $99,000 Active 18 DOM
10. 2026-05-31
    days on market $99,000 Active 17 DOM
11. 2026-05-14
    listed $103,000 Active 388-char remark
12. 2026-04-21
    soldstatus $116,600
13. 2025-05-30
    soldstatus $80,655 Sold 406-char remark

    Show marketing remark (406 chars)

    Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

14. 2025-05-22
    status Pending 406-char remark

    Show marketing remark (406 chars)

    Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

15. 2025-04-02
    price $84,900 406-char remark

    Show marketing remark (406 chars)

    Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

16. 2025-01-31
    status Active 406-char remark

    Show marketing remark (406 chars)

    Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

17. 2025-01-22
    status Pending 406-char remark

    Show marketing remark (406 chars)

    Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

18. 2024-12-20
    listed $94,900 Active 406-char remark

    Show marketing remark (406 chars)

    Charming one story three bedroom, one bath home with an enclosed front porch and a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a large deck. Book a tour today and feel right at home!

19. 2022-04-19
    soldstatus $72,000
20. 2022-04-13
    soldstatus $72,000 Sold

    Show marketing remark (327 chars)

    Perfect investment or rental opportunity! The home has plenty of private parking and has a cinderblock building for extra storage in the backyard. It has 3 bedrooms and 1 bath with a large dining room and enclosed front porch. Conveniently located between Birmingham and Bessemer for an easy commute. Schedule a showing today!

21. 2022-03-25
    historical Contingent

    Show marketing remark (327 chars)

    Perfect investment or rental opportunity! The home has plenty of private parking and has a cinderblock building for extra storage in the backyard. It has 3 bedrooms and 1 bath with a large dining room and enclosed front porch. Conveniently located between Birmingham and Bessemer for an easy commute. Schedule a showing today!

22. 2022-02-02
    listed $89,000 Active

    Show marketing remark (327 chars)

    Perfect investment or rental opportunity! The home has plenty of private parking and has a cinderblock building for extra storage in the backyard. It has 3 bedrooms and 1 bath with a large dining room and enclosed front porch. Conveniently located between Birmingham and Bessemer for an easy commute. Schedule a showing today!

23. 2017-09-19
    soldstatus $63,000
24. 2017-09-15
    soldstatus $62,900 Sold
25. 2017-08-30
    listed Contingent
26. 1992-03-11
    soldstatus $32,000

ⓘ 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: $1,836 · $153/mo
• Projected year-2 tax: $1,836 · $153/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,449
• − Mortgage interest: −$5,546
• − Property taxes: −$1,836
• − Insurance: −$495
• − Repairs & maintenance: −$1,156
• − Management: −$1,156
• − Depreciation: −$2,880
• Taxable income: $1,380
• Est. tax owed @ 24.0%: −$331
• After-tax cash flow: $2,522/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

+209.4% since first listed

19 events — show timeline

• 2026-06-10 Pending — Greater Alabama MLS
• 2026-05-28 Price Changed $99,000 Greater Alabama MLS
• 2026-05-21 Price Changed $102,000 Greater Alabama MLS
• 2026-05-14 Listed $103,000 Greater Alabama MLS
• 2026-04-21 Sold (Public Records) $116,600 Public Records
• 2025-05-30 Sold (MLS) $80,655 Greater Alabama MLS
• 2025-05-22 Pending — Greater Alabama MLS
• 2025-04-02 Price Changed $84,900 Greater Alabama MLS
• 2025-01-31 Relisted — Greater Alabama MLS
• 2025-01-22 Pending — Greater Alabama MLS
• 2024-12-20 Listed $94,900 Greater Alabama MLS
• 2022-04-19 Sold (Public Records) $72,000 Public Records
• 2022-04-13 Sold (MLS) $72,000 Greater Alabama MLS
• 2022-03-25 Contingent — Greater Alabama MLS
• 2022-02-02 Listed $89,000 Greater Alabama MLS
• 2017-09-19 Sold (Public Records) $63,000 Public Records
• 2017-09-15 Sold (MLS) $62,900 Greater Alabama MLS
• 2017-08-30 Listed — Greater Alabama MLS
• 1992-03-11 Sold (Public Records) $32,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $1,836 · +6.9% YoY. Source: county tax records.