1344 44th St · Birmingham, AL 35208

$104,900

3 bd · 1.5 ba · 2,357 sqft · SingleFamily public records · 185 Days on market

Built 1940 6,969 sqft lot $45/sqft · at area comps Est $105k · at est.

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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 +29.2/30.0
• DSCR +10.0/10.0
• ARV discount +7.7/15.0
• 1% rule +7.3/10.0
• Rent growth +4.3/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bed 1.5 Bath located in Ensley. This property is now active in an online auction. All offers must be submitted through the property's listing page on (call listing agent for website). The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. Auction property with Auction.com. Property is occupied, access will not be provided. Do not disturb the occupants.

Key facts

• 6,969 sq ft lot
• Built 1940
• Listed 185 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $367 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.5% 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-, 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: Rents rising fast (+7.2%/yr); 122 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 40% 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 40% of the median local income ($39k/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 $725 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.
• At projected returns (-3.0% appreciation + 7.2% rent growth), your $29k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 185 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $52k; list at $105k implies a 100% 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→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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. 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?
7. 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.
8. 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.
9. 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: 1.23% ✓
• Cap rate: 10.49%
• Cash-on-cash: 14.98%
• DSCR: 1.67
• GRM: 6.8

CMA / ARV

• ARV (median comp): $105,395
• List price: $104,900
• Delta: -0.47%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1428 41st St	0.22mi	3/2.0	2,038 (-14%)	3mo	$170,750	$84	63
1511 43rd St	0.19mi	3/2.5	2,627 (+12%)	7mo	$86,500	$33	62
1319 31st Street Ensley	0.60mi	4/2.0 (+1)	2,374 (+1%)	7mo	$87,000	$37	58
1348 41st St	0.20mi	3/2.0	2,098 (-11%)	16mo	$259,900	$124	57
2311 Katie St	0.54mi	4/2.0 (+1)	2,500 (+6%)	3mo	$310,000	$124	56
1500 32nd St	0.57mi	3/2.5	2,424 (+3%)	12mo	$78,000	$32	54
1349 41st St	0.17mi	3/2.0	2,663 (+13%)	18mo	$75,000	$28	54
1128 50th St Ensley	0.41mi	3/1.0	2,014 (-15%)	6mo	$106,000	$53	50
1503 43rd St	0.15mi	3/2.0	2,020 (-14%)	21mo	$229,900	$114	50
1025 50th St Ensley	0.55mi	4/2.5 (+1)	2,132 (-10%)	4mo	$175,000	$82	46
5400 Court I	0.75mi	3/2.0	2,268 (-4%)	20mo	$76,000	$34	40
658 Maple St	0.65mi	4/2.0 (+1)	2,183 (-7%)	14mo	$45,000	$21	38

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 · 7.24% rent growth · sell at horizon

5-year hold

• IRR: 10.0%
• Equity multiple: 1.41×
• Total profit: $12,077
• Equity at exit: $15,641

10-year hold

• IRR: 22.2%
• Equity multiple: 3.26×
• Total profit: $66,241
• Equity at exit: $9,070

Cash invested: $29,372 (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 35208

• Home prices YoY: -18.1%
• Rents YoY: 7.2%
• Active inventory: 122
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,293 high
• Mortgage (P&I): −$550
• Tax from tax record: −$61 /mo · $730/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $367

Break-even live

Break-even rent $829

Max offer price $104,900

Occupancy floor 67%

Sensitivity live

Price	-10% $426	-5% $396	+0% $367	+5% $337	+10% $307
Rent	-10% $264	-5% $316	+0% $367	+5% $418	+10% $469
Rate	-1.0pp $419	-0.5pp $393	base $367	+0.5pp $339	+1.0pp $312

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1345 46th Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1617	$1,175	$0.73	4d	1	0.19mi
1526 42nd Street Ensley Unit ENSLEY Birmingham, AL	4.0	1.5	1600	$1,050	$0.66	44d	1	0.21mi
1563 Martin Ave Birmingham, AL	4.0	2.0	1848	$1,495	$0.81	2d	1	0.31mi
4105 Avenue Q Unit Q Birmingham, AL	3.0	3.0	1760	$1,250	$0.71	4d	1	0.42mi
1417 Bessemer Rd Birmingham, AL	3.0	1.0	1688	$1,200	$0.71	44d	1	0.50mi
4612 Terrace S Birmingham, AL	3.0	1.0	1612	$1,050	$0.65	44d	1	0.68mi
4636 Avenue T Unit T Birmingham, AL	4.0	1.5	1842	$1,500	$0.81	2d	1	0.77mi
1633 29th Street Ensley Birmingham, AL	3.0	2.0	1658	$1,200	$0.72	44d	1	0.79mi
521 41st St Fairfield, AL	4.0	2.0	1800	$1,300	$0.72	44d	1	0.96mi
2722 Avenue I Unit I Ensley, AL	4.0	1.0	1578	$1,000	$0.63	44d	1	0.97mi
2348 Court R Birmingham, AL	3.0	2.0	2400	$1,639	$0.68	19d	1	1.10mi
2348 Court R Birmingham, AL	3.0	2.0	1792	$1,769	$0.99	2d	1	1.10mi
2436 Avenue S Birmingham, AL	4.0	2.0	1800	$1,400	$0.78	4d	1	1.17mi
1900 Saint Charles Ave SW Birmingham, AL	4.0	2.0	1623	$1,350	$0.83	2d	1	1.37mi
2320 Wesley Ave SW Birmingham, AL	4.0	1.0	1865	$1,200	$0.64	11d	1	1.44mi

Listing history 17 events

1. 2026-06-18
   days on market $104,900 Active 185 DOM
2. 2026-06-17
   days on market $104,900 Active 184 DOM
3. 2026-06-16
   days on market $104,900 Active 183 DOM
4. 2026-06-15
   days on market $104,900 Active 182 DOM
5. 2026-06-13
   days on market $104,900 Active 180 DOM
6. 2026-06-10
   days on market $104,900 Active 177 DOM
7. 2026-06-09
   days on market $104,900 Active 176 DOM
8. 2026-06-08
   days on market $104,900 Active 175 DOM
9. 2026-06-07
   days on market $104,900 Active 174 DOM
10. 2026-06-03
    days on market $104,900 Active 170 DOM
11. 2026-06-02
    days on market $104,900 Active 169 DOM
12. 2026-06-01
    days on market $104,900 Active 168 DOM
13. 2026-05-31
    days on market $104,900 Active 167 DOM
14. 2026-04-21
    price $109,900 480-char remark

    Show marketing remark (480 chars)

    3 bed 1.5 Bath located in Ensley. This property is now active in an online auction. All offers must be submitted through the property's listing page on (call listing agent for website). The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. Auction property with Auction.com. Property is occupied, access will not be provided. Do not disturb the occupants.

15. 2026-03-17
    price $114,900 480-char remark

    Show marketing remark (480 chars)

    3 bed 1.5 Bath located in Ensley. This property is now active in an online auction. All offers must be submitted through the property's listing page on (call listing agent for website). The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. Auction property with Auction.com. Property is occupied, access will not be provided. Do not disturb the occupants.

16. 2025-12-15
    listed $119,900 Active 480-char remark

    Show marketing remark (480 chars)

    3 bed 1.5 Bath located in Ensley. This property is now active in an online auction. All offers must be submitted through the property's listing page on (call listing agent for website). The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. Auction property with Auction.com. Property is occupied, access will not be provided. Do not disturb the occupants.

17. 1985-09-09
    soldstatus $52,500

ⓘ 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: $730 · $61/mo
• Projected year-2 tax: $730 · $61/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 7 d/yr ≥107°F today · 18 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: $15,513
• − Mortgage interest: −$5,876
• − Property taxes: −$730
• − Insurance: −$524
• − Repairs & maintenance: −$1,241
• − Management: −$1,241
• − Depreciation: −$3,052
• Taxable income: $2,848
• Est. tax owed @ 24.0%: −$684
• After-tax cash flow: $3,716/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): 13,412
• Household income: $38,561
• Rent vs Own: 35.8% rent · 64.2% own
• Severe rent burden: 573.0

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 (94%)
• Race & ethnicity: Black 94% White 4% Hispanic / Latino 2% Two or more races 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2%

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: ▼ -33.99%
• Current HPI: 153.414
• Rent YoY: ▲ 7.24%
• 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

+109.3% since first listed

4 events — show timeline

• 2026-04-21 Price Changed $109,900 Greater Alabama MLS
• 2026-03-17 Price Changed $114,900 Greater Alabama MLS
• 2025-12-15 Listed $119,900 Greater Alabama MLS
• 1985-09-09 Sold (Public Records) $52,500 Public Records

Property tax history

+3.3%/yr

Latest (2020): $730 · +0.0% YoY. Source: county tax records.