2208 Mayfield Ave SW · Birmingham, AL 35211

$32,000

3 bd · 1.0 ba · 1,064 sqft · SingleFamily public records · 1 Days on market

Built 1940 5,227 sqft lot $30/sqft · 50% below area

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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
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

Key facts

• 5,227 sq ft lot
• Built 1940

Property features AI

Finance

• Other: Lot size approximately 0.12 acres; Subdivision: ENSLEY

Exterior

• Parking: Off-street parking
• Utilities: Public water; Connected sewer; Electric water heater
• Home design: Existing property; Shingle construction
• Construction: Crawl space foundation; Shingle construction
• Exterior features: Not waterfront; No pool; No patio; No garden/patio; No decks

Interior

• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level
• Flooring: Hardwood
• Bathrooms: One full bathroom on main level
• Heating & cooling: Central heating; Central cooling
• Interior features: Hardwood floors; Electric fireplace with brick surround located in the master bedroom; Ceilings: other (see remarks)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $32k.

Deal economics

• At list price, monthly cash flow is $754 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $32k).
• Cap rate 34.5% 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-, crime F, employment 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.
• Zoned schools: Wenonah High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 656 students, 85% FRL) — zoned schools at 85% FRL track the district average.
• Market conditions: Rents soft (-0.0%/yr); 152 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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 42% 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 $221 of loan paydown is wiped out by about $960 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 $9k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $8k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $6k; list at $32k implies a 433% 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, 27% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $32,000

Questions for the listing agent

1. Built in 1940 — 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: 3.77% ✓
• Cap rate: 34.55%
• Cash-on-cash: 100.92%
• DSCR: 5.49
• GRM: 2.2

CMA / ARV

• ARV (median comp): $64,243
• List price: $32,000
• Delta: -45.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1657 19th Pl	0.20mi	3/1.0	1,074 (+1%)	3mo	$40,000	$37	86
1513 20th Pl SW	0.15mi	4/1.0 (+1)	1,126 (+6%)	9mo	$79,000	$70	71
2436 Powderly Ave SW	0.20mi	2/1.0 (-1)	966 (-9%)	2mo	$32,500	$34	68
1404 18th St SW	0.52mi	3/1.0	1,030 (-3%)	9mo	$45,000	$44	63
1228 19th Pl SW	0.43mi	3/1.0	978 (-8%)	8mo	$66,500	$68	60
1311 18th Way SW	0.53mi	3/1.0	979 (-8%)	4mo	$20,500	$21	58
2412 Lawn Ave SW	0.46mi	3/1.0	975 (-8%)	9mo	$60,000	$62	57
1524 Elm St SW	0.63mi	3/1.0	960 (-10%)	1mo	$43,000	$45	54
1657 SW 18th Way	0.33mi	3/1.0	912 (-14%)	9mo	$90,000	$99	53
905 24th St SW	0.53mi	3/1.0	1,178 (+11%)	8mo	$120,000	$102	51
117 E SW Ann Dr	0.55mi	3/1.0	936 (-12%)	6mo	$65,000	$69	49
3116 Steiner Ave SW	0.68mi	2/1.0 (-1)	1,218 (+14%)	9mo	$25,000	$21	31

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: 98.7%
• Equity multiple: 5.38×
• Total profit: $39,275
• Equity at exit: $4,771

10-year hold

• IRR: —
• Equity multiple: 10.19×
• Total profit: $82,350
• Equity at exit: $2,767

Cash invested: $8,960 (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 35211

• Rents YoY: -0.0%
• Active inventory: 152
• Price-to-rent: 2.2×

Monthly cashflow live

• Estimated rent: $1,207 high
• Mortgage (P&I): −$168
• Tax from tax record: −$19 /mo · $225/yr
• Insurance: −$13
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $754

Break-even live

Break-even rent $253

Max offer price $32,000

Occupancy floor 33%

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: $8,000
• Closing costs: $960
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2128 Mayfield Ave SW Birmingham, AL	3.0	1.0	1196	$1,200	$1.00	23d	1	0.05mi
2516 Powderly Ave SW Birmingham, AL	3.0	1.0	1236	$1,050	$0.85	43d	1	0.23mi
1669 19th Pl SW Birmingham, AL	4.0	2.0	1373	$1,325	$0.97	23d	1	0.24mi
2709 Powderly Ave SW Birmingham, AL	3.0	2.0	1056	$950	$0.90	23d	1	0.30mi
2005 Snavely Ave SW Birmingham, AL	3.0	2.0	1380	$1,150	$0.83	43d	1	0.30mi
1228 19th Pl SW Birmingham, AL	3.0	2.0	978	$1,195	$1.22	3d	1	0.43mi
1544 18th St SW Birmingham, AL	3.0	1.0	950	$1,130	$1.19	43d	1	0.46mi
1537 18th St SW Birmingham, AL	3.0	1.0	1049	$1,130	$1.08	43d	1	0.48mi
1209 19th Pl SW Birmingham, AL	3.0	1.0	1050	$1,275	$1.21	43d	1	0.49mi
2304 Beulah Ave SW Birmingham, AL	3.0	1.0	1283	$1,025	$0.80	1d	1	0.49mi
2005 Henry Crumpton Dr Birmingham, AL	4.0	2.0	1377	$1,300	$0.94	43d	1	0.52mi
1319 18th Way SW Birmingham, AL	4.0	2.0	1337	$1,345	$1.01	23d	1	0.52mi
1845 Henry Crumpton Dr Birmingham, AL	3.0	1.0	1000	$895	$0.90	3d	1	0.56mi
3000 Dawson Ave SW Birmingham, AL	3.0	1.0	1092	$925	$0.85	43d	1	0.58mi
1252 18th Pl SW Birmingham, AL	3.0	1.0	950	$1,000	$1.05	15d	1	0.59mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	11d	1	0.60mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	21d	1	0.60mi
2409 Garrison Ave SW Birmingham, AL	4.0	2.0	1000	$1,295	$1.29	43d	1	0.60mi
1838 31st St SW Birmingham, AL	3.0	2.0	1400	$1,223	$0.87	15d	1	0.63mi
224 E Ann Dr SW Birmingham, AL	3.0	1.0	1026	$1,050	$1.02	23d	1	0.64mi
3116 Steiner Ave SW Birmingham, AL	3.0	1.0	1362	$1,200	$0.88	43d	1	0.66mi
709 30th St SW Birmingham, AL	3.0	1.0	1273	$1,000	$0.79	43d	1	0.69mi
2904 Garrison Ave SW Birmingham, AL	4.0	2.0	952	$1,050	$1.10	23d	1	0.69mi
914 21st St SW Birmingham, AL	3.0	1.0	784	$1,200	$1.53	21d	1	0.71mi
612 26th St SW Birmingham, AL	2.0	1.0	988	$825	$0.84	43d	1	0.73mi
407 S Park Rd SW Birmingham, AL	3.0	1.0	1050	$900	$0.86	43d	1	0.77mi
1012 33rd St SW Birmingham, AL	1.0–2.0	1.0–2.0	800	$750	$0.94	2d	1	0.80mi
2300 31st St SW Unit ENSLEY2316 A Birmingham, AL	2.0	1.0	750	$1,000	$1.33	2d	1	0.85mi
2432 Ishkooda Rd SW Birmingham, AL	3.0	1.0	1075	$1,150	$1.07	43d	1	0.88mi
312 25th St SW Birmingham, AL	4.0	1.0	1159	$1,000	$0.86	23d	1	0.89mi
2519 Saint Charles Ave SW Birmingham, AL	2.0	1.0	990	$975	$0.98	44d	1	0.91mi
5820 Court Q Birmingham, AL	3.0	1.0	902	$1,200	$1.33	43d	1	0.93mi
5832 Court Q Birmingham, AL	3.0	1.0	912	$950	$1.04	44d	1	0.93mi
2216 Lee Ave SW Birmingham, AL	3.0	1.0	902	$900	$1.00	23d	1	0.96mi
2113 Rambow Ave SW Birmingham, AL	2.0	1.0	838	$1,250	$1.49	43d	1	0.99mi
2026 Lee Ct SW Birmingham, AL	3.0	1.0	1204	$1,100	$0.91	43d	1	1.02mi
5320 Ter Q Unit Q Birmingham, AL	3.0	2.0	1116	$1,250	$1.12	43d	1	1.03mi
5211 Ter Q Unit Q Birmingham, AL	2.0	1.0	756	$775	$1.03	43d	1	1.07mi
1781 51st Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.5	1069	$950	$0.89	43d	1	1.08mi
208 22nd St SW Birmingham, AL	2.0	1.0	926	$1,050	$1.13	3d	1	1.08mi

Listing history 30 events

1. 2026-06-19
   remarks 448-char remark
2. 2026-06-19
   pricedays on marketlisting id $32,000 Active 1 DOM
3. 2026-06-18
   days on market $34,900 Active 46 DOM
4. 2026-06-17
   days on market $34,900 Active 45 DOM
5. 2026-06-16
   days on market $34,900 Active 44 DOM
6. 2026-06-15
   days on market $34,900 Active 43 DOM
7. 2026-06-13
   days on market $34,900 Active 41 DOM
8. 2026-06-10
   days on market $34,900 Active 38 DOM
9. 2026-06-09
   days on market $34,900 Active 37 DOM
10. 2026-06-08
    days on market $34,900 Active 36 DOM
11. 2026-06-07
    days on market $34,900 Active 35 DOM
12. 2026-06-03
    days on market $34,900 Active 31 DOM
13. 2026-06-02
    days on market $34,900 Active 30 DOM
14. 2026-06-01
    days on market $34,900 Active 29 DOM
15. 2026-05-31
    days on market $34,900 Active 28 DOM
16. 2026-05-13
    price $34,900 123-char remark
17. 2026-05-03
    listed $39,900 Active 123-char remark
18. 2024-03-08
    soldstatus $6,000 Sold 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

19. 2024-02-16
    status Pending 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

20. 2023-12-05
    price $7,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

21. 2023-11-22
    price $9,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

22. 2023-10-20
    price $11,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

23. 2023-10-06
    price $13,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

24. 2023-09-11
    price $16,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

25. 2023-08-24
    price $19,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

26. 2023-07-25
    price $21,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

27. 2023-07-13
    price $24,900 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

28. 2023-06-13
    listed $27,900 Active 145-char remark

    Show marketing remark (145 chars)

    REDUCED!!!!! Investors delight! This 3 bedroom, 1 bath home is ready for its new owners. This home has lots of potential. Hurry before it's gone.

29. 2023-03-31
    soldstatus $14,300 Sold

    Show marketing remark (216 chars)

    Looking for the perfect investment property to add to your portfolio? Check out this spacious 3-bedroom full bath home, Property is sold as is. There is a tenant in place, Please call agent for viewing instrructions.

30. 2023-02-09
    listed $35,000 Active

    Show marketing remark (216 chars)

    Looking for the perfect investment property to add to your portfolio? Check out this spacious 3-bedroom full bath home, Property is sold as is. There is a tenant in place, Please call agent for viewing instrructions.

ⓘ 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: $225 · $19/mo
• Projected year-2 tax: $225 · $19/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 20 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: $14,482
• − Mortgage interest: −$1,792
• − Property taxes: −$225
• − Insurance: −$160
• − Repairs & maintenance: −$1,159
• − Management: −$1,159
• − Depreciation: −$931
• Taxable income: $9,057
• Est. tax owed @ 24.0%: −$2,174
• After-tax cash flow: $6,869/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
• County: Jefferson County · 527,445 people
• City population: 210,422
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 24,924
• Household income: $34,884
• Rent vs Own: 59.7% rent · 40.3% own
• Severe rent burden: 2161.0

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 (77%)
• Race & ethnicity: Black 77% White 10% Hispanic / Latino 10% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 8% 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: ▼ -49.29%
• Current HPI: 91.2903
• Rent YoY: ▬ -0.01%
• 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

-0.3% since first listed

15 events — show timeline

• 2026-05-13 Price Changed $34,900 Greater Alabama MLS
• 2026-05-03 Listed $39,900 Greater Alabama MLS
• 2024-03-08 Sold (MLS) $6,000 Greater Alabama MLS
• 2024-02-16 Pending — Greater Alabama MLS
• 2023-12-05 Price Changed $7,900 Greater Alabama MLS
• 2023-11-22 Price Changed $9,900 Greater Alabama MLS
• 2023-10-20 Price Changed $11,900 Greater Alabama MLS
• 2023-10-06 Price Changed $13,900 Greater Alabama MLS
• 2023-09-11 Price Changed $16,900 Greater Alabama MLS
• 2023-08-24 Price Changed $19,900 Greater Alabama MLS
• 2023-07-25 Price Changed $21,900 Greater Alabama MLS
• 2023-07-13 Price Changed $24,900 Greater Alabama MLS
• 2023-06-13 Listed $27,900 Greater Alabama MLS
• 2023-03-31 Sold (MLS) $14,300 Greater Alabama MLS
• 2023-02-09 Listed $35,000 Greater Alabama MLS

Property tax history

+0.2%/yr

Latest (2025): $225 · -65.1% YoY. Source: county tax records.