1225 Park Ave · Tarrant, AL 35217

$23,000

3 bd · 2.0 ba · 1,286 sqft · SingleFamily public records · 22 Days on market

Built 1930 6,098 sqft lot ↓ 58% since listing

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.4/5.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

Key facts

• 6,098 sq ft lot
• Built 1930
• Listed 22 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $23k.

Deal economics

• At list price, monthly cash flow is $782 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $23k).
• Recommended offer: $23k (1.5% below list) — sets the bar for market timing.
• Cap rate 47.1% vs local median 11.0% in Tarrant — 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 51/100 on livability (#507 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, amenities F, commute F.
• Tarrant City (suburban): math 4% / reading 17% proficiency, ranked #121 of 129 in AL (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 89% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Tarrant Elementary School (310 students, 85% FRL); Tarrant High School (math 3% / reading 16%, grade F, #258 of 305 statewide, top 85%, 559 students, 84% FRL) — zoned schools at 85% FRL track the district average.
• Market conditions: Rents rising (+3.6%/yr); 94 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); 55% 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 35% of the median local income ($40k/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 $159 of loan paydown is wiped out by about $690 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 + 3.6% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($23k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $5k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $22,655 (1.5% below list)

Questions for the listing agent

1. Built in 1930 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 5.10% ✓
• Cap rate: 47.12%
• Cash-on-cash: 145.80%
• DSCR: 7.49
• GRM: 1.6

CMA / ARV

• ARV (on-the-fly): $92,592
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
732 Fulton Ave	0.25mi	4/2.0 (+1)	1,320 (+3%)	4mo	$95,000	$72	76
4318 49th Ct N	0.42mi	3/2.0	1,266 (-2%)	11mo	$95,800	$76	69
1269 Elm Ave	0.28mi	4/1.0 (+1)	1,308 (+2%)	10mo	$125,000	$96	67
1360 Prosch Ave	0.38mi	3/2.0	1,344 (+4%)	11mo	$84,000	$63	65
1249 Park Ave	0.06mi	3/2.0	1,456 (+13%)	12mo	$108,000	$74	65
1104 Jackson Blvd	0.19mi	3/2.0	1,128 (-12%)	13mo	$116,000	$103	60
1112 Elm Ave	0.36mi	2/2.0 (-1)	1,219 (-5%)	13mo	$60,000	$49	59
725 Fulton Ave	0.27mi	3/1.0	1,110 (-14%)	5mo	$80,050	$72	56
4338 49th Ct	0.48mi	3/1.0	1,205 (-6%)	10mo	$87,500	$73	55
4208 50th Ave N	0.28mi	3/1.0	1,104 (-14%)	7mo	$67,500	$61	53
1433 Ford Ave	0.72mi	3/2.0	1,372 (+7%)	10mo	$90,000	$66	48
4421 43rd St N	0.74mi	3/1.0	1,200 (-7%)	4mo	$42,000	$35	47

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 · 3.58% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.27×
• Total profit: $46,806
• Equity at exit: $3,429

10-year hold

• IRR: —
• Equity multiple: 17.74×
• Total profit: $107,822
• Equity at exit: $1,989

Cash invested: $6,440 (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 35217

• Rents YoY: 3.6%
• Active inventory: 94
• Price-to-rent: 1.6×

Monthly cashflow live

• Estimated rent: $1,173 high
• Mortgage (P&I): −$121
• Tax from tax record: −$14 /mo · $166/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $782

Break-even live

Break-even rent $182

Max offer price $23,000

Occupancy floor 28%

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: $5,750
• Closing costs: $690
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1043 Jackson Blvd Birmingham, AL	4.0	2.0	1300	$1,095	$0.84	14d	1	0.07mi
1237 Elm Ave Birmingham, AL	2.0	1.5	1312	$1,150	$0.88	43d	1	0.22mi
1120 Hall St Birmingham, AL	2.0	1.0	887	$775	$0.87	43d	1	0.23mi
1116 Hall St Birmingham, AL	2.0	1.0	887	$775	$0.87	43d	1	0.24mi
1108 Hall St Birmingham, AL	2.0	1.0	1680	$850	$0.51	43d	1	0.25mi
732 Fulton Ave Birmingham, AL	4.0	2.0	1320	$1,450	$1.10	43d	1	0.28mi
4208 50th Ave N Birmingham, AL	3.0	1.0	1104	$1,200	$1.09	43d	1	0.31mi
4212 50th Ave N Birmingham, AL	4.0	2.0	1517	$1,595	$1.05	1d	1	0.31mi
5015 42nd Pl N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	43d	1	0.32mi
5025 43rd Pl N Birmingham, AL	4.0	2.0	1017	$1,300	$1.28	43d	1	0.41mi
619 Bell Ave Birmingham, AL	3.0	1.0	1550	$1,075	$0.69	43d	1	0.43mi
4329 Harmon St Birmingham, AL	3.0	1.0	1227	$950	$0.77	3d	1	0.45mi
4329 Harmon St Birmingham, AL	3.0	1.0	1227	$950	$0.77	43d	1	0.45mi
1316 Spring St Birmingham, AL	2.0	1.0	920	$1,195	$1.30	3d	1	0.48mi
4329 Pulaski St Birmingham, AL	3.0	2.0	1240	$1,353	$1.09	23d	1	0.50mi
4344 Pulaski St Birmingham, AL	3.0	1.0	1268	$1,050	$0.83	43d	1	0.51mi
1249 Waverly St Birmingham, AL	3.0	1.0	1260	$1,000	$0.79	43d	1	0.51mi
4925 43rd Way N Birmingham, AL	3.0	2.0	1232	$1,461	$1.19	1d	1	0.54mi
1434 Thomason Ave Birmingham, AL	4.0	2.0	1644	$1,100	$0.67	43d	1	0.55mi
1045 Waverly St Birmingham, AL	3.0	1.0	1014	$1,000	$0.99	43d	1	0.55mi
1401 Wharton Ave Birmingham, AL	2.0	1.0	1104	$950	$0.86	19d	1	0.56mi
1439 Sloan Ave Birmingham, AL	3.0	1.0	936	$900	$0.96	43d	1	0.58mi
4301 Greenwood St Birmingham, AL	3.0	1.0	1140	$1,025	$0.90	2d	1	0.59mi
1303 Main St Birmingham, AL	4.0	2.0	1432	$1,300	$0.91	43d	1	0.73mi
1225 Elizabeth Ave Birmingham, AL	3.0	1.5	1697	$1,100	$0.65	19d	1	0.75mi
4418 43rd St N Birmingham, AL	3.0	1.0	1710	$925	$0.54	23d	1	0.76mi
1076 Green St Birmingham, AL	3.0	1.0	1172	$1,050	$0.90	15d	1	0.79mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	43d	1	0.81mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	23d	1	0.81mi
4316 Gadsden St Birmingham, AL	2.0	1.0	1048	$1,100	$1.05	3d	1	0.82mi
4217 43rd Ave N Birmingham, AL	3.0	1.0	1140	$1,200	$1.05	3d	1	0.86mi
4400 43rd St N Birmingham, AL	3.0	1.0	1152	$850	$0.74	14d	1	0.92mi
4400 43rd St N Birmingham, AL	3.0	1.0	1152	$850	$0.74	43d	1	0.92mi
1816 Damon Cir Birmingham, AL	3.0	1.0	1401	$1,153	$0.82	15d	1	0.92mi
1731 Mountain Dr Birmingham, AL	3.0	1.0	1160	$975	$0.84	43d	1	0.96mi
4028 40th Ave N Birmingham, AL	3.0	1.0	1186	$950	$0.80	43d	1	0.99mi
4220 40th Ct N Birmingham, AL	3.0	1.0	948	$1,200	$1.27	43d	1	0.99mi
3708 42nd Ave N Birmingham, AL	3.0	1.0	876	$950	$1.08	43d	1	1.04mi
4231 40th Ave N Birmingham, AL	3.0	1.0	1272	$850	$0.67	19d	1	1.08mi
4236 39th Ave N Birmingham, AL	3.0	2.0	1000	$1,195	$1.20	23d	1	1.13mi

Listing history 16 events

1. 2026-04-22
   status Pending
2. 2026-04-15
   price $23,000
3. 2026-03-31
   listed $28,000 Active
4. 2022-05-03
   soldstatus $125,000
5. 2022-05-02
   soldstatus $125,000 Sold 192-char remark

   Show marketing remark (192 chars)

   This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

6. 2022-03-31
   status Pending 192-char remark

   Show marketing remark (192 chars)

   This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

7. 2022-03-16
   price $125,500 192-char remark

   Show marketing remark (192 chars)

   This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

8. 2021-12-20
   status Active 192-char remark

   Show marketing remark (192 chars)

   This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

9. 2021-12-10
   historical 192-char remark

   Show marketing remark (192 chars)

   This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

10. 2021-11-25
    status Active 192-char remark

    Show marketing remark (192 chars)

    This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

11. 2021-11-09
    historical 192-char remark

    Show marketing remark (192 chars)

    This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

12. 2021-10-19
    listed $139,900 Active 192-char remark

    Show marketing remark (192 chars)

    This home has 3 bed 2bath and farm living within a 10 minute proximity to downtown Birmingham. Quiet Neighborhood. NEW ROOF! and new HVAC Please call your agent to setup your showing today!

13. 2021-08-03
    soldstatus $35,000 Sold 99-char remark

    Show marketing remark (99 chars)

    Excellent investment opportunity. 3 Bed 2 bath home needs some work but not much. Sold -AS-IS House

14. 2021-07-22
    historical 99-char remark

    Show marketing remark (99 chars)

    Excellent investment opportunity. 3 Bed 2 bath home needs some work but not much. Sold -AS-IS House

15. 2021-07-08
    listed $39,900 Active 99-char remark

    Show marketing remark (99 chars)

    Excellent investment opportunity. 3 Bed 2 bath home needs some work but not much. Sold -AS-IS House

16. 1998-06-02
    soldstatus $55,000

ⓘ 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: $166 · $14/mo
• Projected year-2 tax: $166 · $14/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,073
• − Mortgage interest: −$1,288
• − Property taxes: −$166
• − Insurance: −$115
• − Repairs & maintenance: −$1,126
• − Management: −$1,126
• − Depreciation: −$669
• Taxable income: $9,583
• Est. tax owed @ 24.0%: −$2,300
• After-tax cash flow: $7,090/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: Tarrant City
• NCES district ID: 0103270
• Math proficiency: 4% ▼ -14.00%
• Reading proficiency: 17% ▼ -2.00%
• Median HH income: $29,256
• Composite: 8.0/100
• National rank: #9924
• State rank: #121 of 129 in AL

Livability — Tarrant

• Score: 51/100
• State rank: #507
• US rank: #25136

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tarrant, AL
• County: Jefferson County · 527,445 people
• City population: 12,240
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 12,240
• Household income: $40,486
• Rent vs Own: 52.5% rent · 47.5% own
• Severe rent burden: 594.0

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 0.58)
• Race & ethnicity: Black 57% White 27% Hispanic / Latino 14% Two or more races 6%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 1%
• Foreign-born: 7% · Canada, Guatemala
• Languages at home: 86% English-only · Spanish 13%

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: ▼ -74.54%
• Current HPI: 117.416
• Rent YoY: ▲ 3.58%
• 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

-58.2% since first listed

16 events — show timeline

• 2026-04-22 Pending — Greater Alabama MLS
• 2026-04-15 Price Changed $23,000 Greater Alabama MLS
• 2026-03-31 Listed $28,000 Greater Alabama MLS
• 2022-05-03 Sold (Public Records) $125,000 Public Records
• 2022-05-02 Sold (MLS) $125,000 Greater Alabama MLS
• 2022-03-31 Pending — Greater Alabama MLS
• 2022-03-16 Price Changed $125,500 Greater Alabama MLS
• 2021-12-20 Relisted — Greater Alabama MLS
• 2021-12-10 Delisted — Greater Alabama MLS
• 2021-11-25 Relisted — Greater Alabama MLS
• 2021-11-09 Delisted — Greater Alabama MLS
• 2021-10-19 Listed $139,900 Greater Alabama MLS
• 2021-08-03 Sold (MLS) $35,000 Greater Alabama MLS
• 2021-07-22 Delisted — Greater Alabama MLS
• 2021-07-08 Listed $39,900 Greater Alabama MLS
• 1998-06-02 Sold (Public Records) $55,000 Public Records

Property tax history

-7.6%/yr

Latest (2025): $166 · -73.9% YoY. Source: county tax records.