1612 27th Ave N · Hueytown, AL 35023

$123,000

3 bd · 1.0 ba · 1,113 sqft · SingleFamily public records · 10 Days on market

Built 1924 9,583 sqft lot Est $130k · 6% under

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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 +21.2/30.0
• ARV discount +10.0/15.0
• DSCR +6.8/10.0
• 1% rule +5.6/10.0
• Appreciation +4.7/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

This charming 2-bedroom, 1-bath cottage style home is full of character and cozy appeal! Relax and unwind on the front porch overlooking a quiet, peaceful neighborhood. Inside, you’ll find a warm and inviting layout with comfortable living spaces and charm throughout including a gas fireplace in the living area! There's also a covered patio area and carport in the fenced in back yard. Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers the perfect blend of comfort and convenience. Enjoy the slower pace of neighborhood living while still being close to shopping, dining, and everyday amenities! Please also check out the l

Key facts

• 9,583 sq ft lot
• 2 parking spots
• Built 1924

Property features AI

Finance

• Other: Property in North Highlands subdivision; Lot size approximately 0.22 acres; Not in a flood plain
• Financial info: Quarterly garbage fee ($75)
• HOA & community: No association fee

Exterior

• Parking: Driveway parking; 2-space carport
• Utilities: Public water; Connected sewer; Electric water heater; Ceiling fans; Double-pane windows; Internet service availability
• Home design: Single-story living (all main-level rooms listed); Existing construction; Vinyl siding
• Construction: Crawl space foundation
• Exterior features: Fenced yard; Covered patio; Covered deck; Garden/patio

Interior

• Kitchen: Laminate countertops; Electric cooktop
• Bedrooms: Two main-level bedrooms
• Flooring: Carpet; Hardwood under carpet; Vinyl
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Central cooling; Central heating with gas heat and dual systems
• Interior features: Smooth ceilings; Some window treatments to remain; Gas fireplace with insert in the living room; No special interior features listed
• Laundry & utility: Main-level laundry with washer hookup and electric dryer hookup; Attic access; Laundry space described as 'Other (see remarks)'

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $123k.

Deal economics

• At list price, monthly cash flow is $178 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $123k).
• Cap rate 8.0% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Hueytown Primary School (653 students, 64% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 72% FRL vs 49% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 250 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $112 of equity ($850 loan paydown + $-738 appreciation (-0.6% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 44% 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 $123,000

Questions for the listing agent

1. Built in 1924 — 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. 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?
5. 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.
6. 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.
7. 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: 1.06% ✓
• Cap rate: 8.03%
• Cash-on-cash: 6.20%
• DSCR: 1.28
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $130,221
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1321 25th Ave N	0.34mi	3/1.0	1,080 (-3%)	4mo	$108,000	$100	76
1802 Devon Rd	0.53mi	3/1.0	1,168 (+5%)	1mo	$94,000	$80	66
1809 28th Ave N	0.26mi	3/2.0	1,176 (+6%)	14mo	$145,000	$123	63
2221 Short 14th St N	0.58mi	3/1.0	1,075 (-3%)	11mo	$40,000	$37	58
2731 19th St	0.40mi	2/1.0 (-1)	1,184 (+6%)	10mo	$153,000	$129	57
2313 N 20th St	0.52mi	2/1.0 (-1)	1,064 (-4%)	13mo	$45,000	$42	52
2117 Mississippi Ave	0.74mi	3/1.0	1,152 (+4%)	9mo	$137,900	$120	52
1103 26th Ave N	0.59mi	3/1.5	1,232 (+11%)	1mo	$175,900	$143	52
3219 Circle Dr	0.70mi	2/1.0 (-1)	1,064 (-4%)	4mo	$135,000	$127	52
2905 Circle Dr	0.74mi	2/2.0 (-1)	1,157 (+4%)	1mo	$134,800	$117	49
1314 22nd Ave N	0.73mi	3/1.0	1,038 (-7%)	13mo	$67,500	$65	44
2032 Shady Ln	0.74mi	2/1.0 (-1)	1,262 (+13%)	4mo	$112,000	$89	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: 1.6%
• Equity multiple: 1.07×
• Total profit: $2,521
• Equity at exit: $32,069

10-year hold

• IRR: 6.6%
• Equity multiple: 1.64×
• Total profit: $22,027
• Equity at exit: $35,748

Cash invested: $34,440 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 250
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,301 high
• Mortgage (P&I): −$645
• Tax est. 1.5%: −$154 /mo · $1,845/yr
• Insurance: −$51
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $178

Break-even live

Break-even rent $1,076

Max offer price $123,000

Occupancy floor 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: $30,750
• Closing costs: $3,690
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1623 26th Ave N Bessemer, AL	2.0	1.0	1004	$1,095	$1.09	11d	1	0.12mi
1036 Rose Hill Cir Bessemer, AL	3.0	2.0	1277	$1,300	$1.02	21d	1	0.53mi
2234 19th St N Bessemer, AL	2.0	1.0	1106	$975	$0.88	44d	1	0.53mi
2109 29th Ave N Bessemer, AL	4.0	2.0	1217	$1,323	$1.09	3d	1	0.64mi
428 Willow Ln Bessemer, AL	4.0	2.0	1375	$1,620	$1.18	14d	1	0.75mi
1013 25th Ave N Bessemer, AL	3.0	2.0	1144	$1,546	$1.35	16d	1	0.75mi
1314 22nd Ave N Bessemer, AL	3.0	1.0	1038	$1,000	$0.96	44d	1	0.76mi
2423 Circle Dr Bessemer, AL	2.0	1.0	732	$1,050	$1.43	44d	1	0.79mi
1929 15th St N Bessemer, AL	3.0	2.0	1140	$1,250	$1.10	19d	1	0.80mi
116 Avalon Ave Bessemer, AL	4.0	1.0	1207	$1,200	$0.99	44d	1	0.81mi
2129 13th St N Bessemer, AL	4.0	1.0	1378	$1,445	$1.05	14d	1	0.86mi
905 26th Ave N Bessemer, AL	4.0	2.0	1218	$1,200	$0.99	2d	1	0.89mi
3447 Jeanne Ln Bessemer, AL	3.0	2.0	1460	$1,850	$1.27	2d	1	0.90mi
2028 13th St N Bessemer, AL	3.0	2.0	1372	$1,073	$0.78	24d	1	0.92mi
2822 Brooklane Dr Bessemer, AL	2.0	1.0	975	$1,000	$1.03	44d	1	1.03mi
2832 Clyburne St Bessemer, AL	3.0	2.0	1295	$1,650	$1.27	2d	1	1.05mi
216 Meadowood Ave Bessemer, AL	3.0	1.0	1430	$1,250	$0.87	3d	1	1.28mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	11d	1	1.40mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	24d	1	1.41mi
208 Kentwood Ave Bessemer, AL	3.0	1.0	1177	$1,075	$0.91	44d	1	1.45mi

Listing history 13 events

1. 2026-06-18
   days on market $123,000 Active 10 DOM
2. 2026-06-17
   days on market $123,000 Active 9 DOM
3. 2026-06-16
   days on market $123,000 Active 8 DOM
4. 2026-06-15
   days on market $123,000 Active 7 DOM
5. 2026-06-13
   days on market $123,000 Active 5 DOM
6. 2026-06-10
   days on market $123,000 Active 2 DOM
7. 2026-06-08
   statusdays on market $123,000 Active 1 DOM
8. 2026-06-07
   days on market $123,000 Coming Soon 13 DOM
9. 2026-06-03
   days on market $123,000 Coming Soon 9 DOM
10. 2026-06-02
    days on market $123,000 Coming Soon 8 DOM
11. 2026-06-01
    days on market $123,000 Coming Soon 7 DOM
12. 2026-05-31
    days on market $123,000 Coming Soon 6 DOM
13. 2026-05-25
    historical $123,000

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 44% 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: $15,615
• − Mortgage interest: −$6,890
• − Property taxes: −$1,845
• − Insurance: −$615
• − Repairs & maintenance: −$1,249
• − Management: −$1,249
• − Depreciation: −$3,578
• Taxable income: $189
• Est. tax owed @ 24.0%: −$45
• After-tax cash flow: $2,090/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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 0.56)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 7%

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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

1 event — show timeline

• 2026-05-25 Coming Soon $123,000 Greater Alabama MLS