4316 49th St SW · Birmingham, AL 35221

$65,000

3 bd · 1.0 ba · 1,224 sqft · SingleFamily public records · 58 Days on market

Built 2016 0.32 ac lot $53/sqft · 17% below area Est $78k · 17% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.3/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0

Listing remarks MLS

CONTRACT FELL THROUGH. BUYER COULD NOT GET FINANCING!!! Beautiful, well maintained home and yard. Quiet community. Only blocks from church. Price Is Right. 2 LARGE Storage buildings and Carport with paved front entrance. Purchase of Home includes VACANT LOT. PARCEL ID: 3000251016002.000. ADDRESS: 4901 PARK AVE BHAM, AL 35221. LOT located inside fence next to house. Deck in need of repair!!! PETS must be removed by owner OR locked in opposite rooms being viewed!!! Do Not approach PETS!!!

Key facts

• Paved front entrance
• Carport
• Storage buildings

Tags

• QUIET COMMUNITY
• STORAGE BUILDINGS
• CARPORT
• PAVED FRONT ENTRANCE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $463 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $63k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.8% 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-, schools F, crime 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.
• Market conditions: 26 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 44% 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 (-1.3%/yr); year-one equity from $449 of loan paydown is wiped out by about $856 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 (-1.3% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $63,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 1.66% ✓
• Cap rate: 14.83%
• Cash-on-cash: 30.50%
• DSCR: 2.36
• GRM: 5.0

CMA / ARV

• ARV (median comp): $77,944
• List price: $65,000
• Delta: -16.61%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4628 SW Hillman Dr	0.17mi	4/2.0 (+1)	1,166 (-5%)	1mo	$69,900	$60	74
3317 46th St SW	0.24mi	4/2.0 (+1)	1,103 (-10%)	2mo	$6,000	$5	62
4008 Grasselli Ave	0.51mi	3/1.0	1,153 (-6%)	8mo	$85,000	$74	60
3304 Spaulding St SW	0.53mi	3/2.0	1,140 (-7%)	8mo	$40,000	$35	53
4100 Park Ave	0.55mi	3/1.0	1,125 (-8%)	10mo	$82,500	$73	52
4011 Walnut Ave SW	0.62mi	3/1.0	1,372 (+12%)	10mo	$80,000	$58	42
2002 Dawson Ave	0.69mi	3/2.0	1,352 (+10%)	22mo	$49,100	$36	28
1520 41st St	0.75mi	2/1.0 (-1)	1,068 (-13%)	19mo	$50,000	$47	23

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

Projected returns pro-forma

-1.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.5%
• Equity multiple: 2.30×
• Total profit: $23,618
• Equity at exit: $14,705

10-year hold

• IRR: 33.8%
• Equity multiple: 4.45×
• Total profit: $62,772
• Equity at exit: $14,616

Cash invested: $18,200 (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 35221

• Home prices YoY: -1.1%
• Active inventory: 26
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,081 high
• Mortgage (P&I): −$341
• Tax from tax record: −$23 /mo · $280/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $463

Break-even live

Break-even rent $495

Max offer price $65,000

Occupancy floor 52%

Sensitivity live

Price	-10% $499	-5% $481	+0% $463	+5% $444	+10% $426
Rent	-10% $377	-5% $420	+0% $463	+5% $505	+10% $548
Rate	-1.0pp $495	-0.5pp $479	base $463	+0.5pp $446	+1.0pp $429

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
830 Burwell St Birmingham, AL	3.0	1.5	1011	$1,200	$1.19	44d	1	0.37mi
4009 Grasselli Ave SW Birmingham, AL	3.0	1.0	875	$900	$1.03	24d	1	0.49mi
4120 George Ave SW Birmingham, AL	2.0	1.0	944	$850	$0.90	24d	1	0.50mi
4029 Walnut Ave SW Birmingham, AL	2.0	1.0	1300	$1,369	$1.05	4d	1	0.56mi
3720 Howard Ave SW Birmingham, AL	3.0	1.0	1092	$1,200	$1.10	24d	1	0.74mi
3640 Wenonah Rd SW Birmingham, AL	3.0	2.0	1100	$1,195	$1.09	24d	1	0.74mi
3640 Wenonah Rd SW Birmingham, AL	3.0	2.0	1100	$1,195	$1.09	12d	1	0.74mi
3729 Pine Ave SW Birmingham, AL	3.0	1.0	1067	$1,100	$1.03	22d	1	0.76mi
3736 Oak Ave SW Birmingham, AL	3.0	2.0	984	$1,050	$1.07	24d	1	0.81mi
5624 Cairo Ave Birmingham, AL	4.0	2.0	1386	$1,200	$0.87	44d	1	0.82mi
1721 Collier Dr Birmingham, AL	2.0	1.0	925	$800	$0.86	44d	1	0.84mi
3729 Maple Ave SW Birmingham, AL	3.0	2.0	1008	$1,200	$1.19	44d	1	0.85mi
537 Grant St Birmingham, AL	3.0	1.0	1444	$1,200	$0.83	24d	1	0.89mi
517 Grant St Birmingham, AL	3.0	1.0	912	$850	$0.93	24d	1	0.95mi
3616 Maple Ave SW Birmingham, AL	2.0	1.0	1488	$950	$0.64	44d	1	0.97mi
1441 Creel St Birmingham, AL	3.0	2.0	1319	$1,275	$0.97	4d	1	1.12mi
1433 Rayfield Dr Birmingham, AL	3.0	1.0	1064	$950	$0.89	44d	1	1.15mi
120 Parkwood St Birmingham, AL	3.0	1.5	1224	$1,150	$0.94	17d	1	1.20mi
1412 Woodward Rd Birmingham, AL	3.0	1.0	1220	$1,203	$0.99	17d	1	1.26mi
5704 14th St S Bessemer, AL	2.0	2.0	1024	$850	$0.83	17d	1	1.28mi
3400 Walnut Ave SW Birmingham, AL	3.0	1.0	1133	$1,200	$1.06	44d	1	1.28mi
1376 Creel Ct Birmingham, AL	3.0	1.0	1008	$1,000	$0.99	44d	1	1.30mi
5709 13th St S Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	44d	1	1.30mi
2804 32nd Way SW Birmingham, AL	3.0	1.0	840	$900	$1.07	44d	1	1.31mi
408 Midway St Birmingham, AL	3.0	1.0	1301	$1,075	$0.83	20d	1	1.32mi
2805 32nd Way SW Birmingham, AL	3.0	1.0	792	$900	$1.14	44d	1	1.33mi
3332 Walnut Ave SW Birmingham, AL	3.0	1.0	1339	$750	$0.56	20d	1	1.36mi
1112 S Gale Dr Birmingham, AL	3.0	1.5	1053	$1,175	$1.12	44d	1	1.41mi
3417 Park Ave SW Birmingham, AL	4.0	1.0	1402	$900	$0.64	44d	1	1.41mi
2800 Milan Ct Birmingham, AL	1.0–2.0	1.0–2.0	976	$2,551	$2.61	22d	10	1.42mi
336 McPherson Ave Birmingham, AL	3.0	1.0	1094	$1,100	$1.01	24d	1	1.44mi
340 McPherson Ave Birmingham, AL	2.0	1.0	924	$910	$0.98	44d	1	1.44mi
923 Woodward Rd Birmingham, AL	3.0	1.0	1273	$1,200	$0.94	24d	1	1.45mi
925 Woodward Rd Birmingham, AL	2.0	2.0	1104	$950	$0.86	44d	1	1.45mi

Listing history 4 events

1. 2026-04-09
   status Active 495-char remark

   Show marketing remark (495 chars)

   CONTRACT FELL THROUGH. BUYER COULD NOT GET FINANCING!!! Beautiful, well maintained home and yard. Quiet community. Only blocks from church. Price Is Right. 2 LARGE Storage buildings and Carport with paved front entrance. Purchase of Home includes VACANT LOT. PARCEL ID: 3000251016002.000. ADDRESS: 4901 PARK AVE BHAM, AL 35221. LOT located inside fence next to house. Deck in need of repair!!! PETS must be removed by owner OR locked in opposite rooms being viewed!!! Do Not approach PETS!!!

2. 2026-03-30
   status Pending 495-char remark

   Show marketing remark (495 chars)

   CONTRACT FELL THROUGH. BUYER COULD NOT GET FINANCING!!! Beautiful, well maintained home and yard. Quiet community. Only blocks from church. Price Is Right. 2 LARGE Storage buildings and Carport with paved front entrance. Purchase of Home includes VACANT LOT. PARCEL ID: 3000251016002.000. ADDRESS: 4901 PARK AVE BHAM, AL 35221. LOT located inside fence next to house. Deck in need of repair!!! PETS must be removed by owner OR locked in opposite rooms being viewed!!! Do Not approach PETS!!!

3. 2026-03-25
   price $95,000 495-char remark

   Show marketing remark (495 chars)

   CONTRACT FELL THROUGH. BUYER COULD NOT GET FINANCING!!! Beautiful, well maintained home and yard. Quiet community. Only blocks from church. Price Is Right. 2 LARGE Storage buildings and Carport with paved front entrance. Purchase of Home includes VACANT LOT. PARCEL ID: 3000251016002.000. ADDRESS: 4901 PARK AVE BHAM, AL 35221. LOT located inside fence next to house. Deck in need of repair!!! PETS must be removed by owner OR locked in opposite rooms being viewed!!! Do Not approach PETS!!!

4. 2026-03-20
   listed $90,000 Active 495-char remark

   Show marketing remark (495 chars)

   CONTRACT FELL THROUGH. BUYER COULD NOT GET FINANCING!!! Beautiful, well maintained home and yard. Quiet community. Only blocks from church. Price Is Right. 2 LARGE Storage buildings and Carport with paved front entrance. Purchase of Home includes VACANT LOT. PARCEL ID: 3000251016002.000. ADDRESS: 4901 PARK AVE BHAM, AL 35221. LOT located inside fence next to house. Deck in need of repair!!! PETS must be removed by owner OR locked in opposite rooms being viewed!!! Do Not approach PETS!!!

ⓘ 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: $280 · $23/mo
• Projected year-2 tax: $280 · $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 5/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 20 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: $12,969
• − Mortgage interest: −$3,641
• − Property taxes: −$280
• − Insurance: −$325
• − Repairs & maintenance: −$1,038
• − Management: −$1,038
• − Depreciation: −$1,891
• Taxable income: $4,757
• Est. tax owed @ 24.0%: −$1,142
• After-tax cash flow: $4,408/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
• City population: 210,422
• Population (ZIP): 3,127

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% Two or more races 7% Hispanic / Latino 6% White 4%
• Hispanic origin (detail): Mexican 6%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 6%

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: ▼ -1.32%
• Current HPI: 121.0566
• Rent YoY: —
• Metro: —
• 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

+5.6% since first listed

4 events — show timeline

• 2026-04-09 Relisted — Greater Alabama MLS
• 2026-03-30 Pending — Greater Alabama MLS
• 2026-03-25 Price Changed $95,000 Greater Alabama MLS
• 2026-03-20 Listed $90,000 Greater Alabama MLS