4316 6th Ave · Birmingham, AL 35224

$104,900

3 bd · 1.0 ba · 1,380 sqft · SingleFamily public records · 283 Days on market

Built 1910 6,098 sqft lot $76/sqft · 49% above area Est $70k · 49% over

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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 +22.4/30.0
• DSCR +7.2/10.0
• 1% rule +5.3/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious and updated 4-bedroom, 1-bath home in Birmingham offering 1,380 sq ft of comfortable living space. Fresh interior improvements and a practical layout make this property well-suited for both investors and owner-occupants seeking long-term value. The home features generous living areas, a functional kitchen, and flexible bedroom space ideal for everyday living or rental use. Conveniently located near downtown Birmingham, shopping, and major highways, it offers a balance of accessibility and affordability. This property presents a solid opportunity to add a turnkey home to your portfolio or secure a comfortable residence at an attractive price point. With an acceptable offer, the home includes a $2,000 lender credit and a transferable home warranty, providing added value and peace of mind for the buyer.

Key facts

• 6,098 sq ft lot
• Built 1910
• Listed 283 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $175 ($2k/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 8.3% 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: 43 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% 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 (-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.

Negotiation context

• It's been on market 283 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $70k; 50% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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 $92,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 283 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 1910 — 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. 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?
8. 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.
9. 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.
10. 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: 1.03% ✓
• Cap rate: 8.30%
• Cash-on-cash: 7.16%
• DSCR: 1.32
• GRM: 8.1

CMA / ARV

• ARV (median comp): $70,367
• List price: $104,900
• Delta: 49.07%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4300 6th Ave	0.05mi	3/1.0	1,380 (0%)	16mo	$36,000	$26	85
4201 10th Ave	0.34mi	3/1.0	1,344 (-3%)	1mo	$70,000	$52	79
401 Lexington St	0.35mi	3/1.0	1,410 (+2%)	12mo	$60,000	$43	70
1312 Gulfport St	0.58mi	3/1.5	1,376 (-0%)	11mo	$67,500	$49	62
304 Lexington St	0.40mi	3/1.0	1,334 (-3%)	20mo	$42,000	$31	59
4118 11th Ave	0.39mi	3/1.0	1,183 (-14%)	0mo	$40,000	$34	58
1232 Frisco St	0.52mi	4/2.0 (+1)	1,332 (-4%)	7mo	$90,000	$68	55
5223 Loop Rd	0.72mi	3/1.0	1,392 (+1%)	15mo	$76,500	$55	53
405 Nevada St	0.48mi	4/1.5 (+1)	1,500 (+9%)	10mo	$55,000	$37	48
1400 Gulfport St	0.63mi	3/1.0	1,198 (-13%)	4mo	$76,000	$63	45
1226 Frisco St	0.51mi	4/2.0 (+1)	1,232 (-11%)	8mo	$113,700	$92	43
1237 Frisco St	0.54mi	3/2.0	1,176 (-15%)	19mo	$65,500	$56	30

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.4%
• Equity multiple: 0.80×
• Total profit: $-5,853
• Equity at exit: $15,641

10-year hold

• IRR: 4.3%
• Equity multiple: 1.31×
• Total profit: $9,223
• 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 35224

• Home prices YoY: -16.2%
• Active inventory: 43
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,082 high
• Mortgage (P&I): −$550
• Tax from tax record: −$86 /mo · $1,028/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $175

Break-even live

Break-even rent $860

Max offer price $104,900

Occupancy floor 79%

Sensitivity live

Price	-10% $235	-5% $205	+0% $175	+5% $145	+10% $116
Rent	-10% $90	-5% $132	+0% $175	+5% $218	+10% $261
Rate	-1.0pp $228	-0.5pp $202	base $175	+0.5pp $148	+1.0pp $120

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 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
538 Gulfport St Birmingham, AL	3.0	1.0	1036	$850	$0.82	45d	1	0.08mi
4623 6th Ave Birmingham, AL	3.0	1.0	1421	$1,175	$0.83	13d	1	0.22mi
604 Lexington St Birmingham, AL	3.0	1.5	993	$1,200	$1.21	45d	1	0.33mi
761 Crowne Rd Birmingham, AL	3.0	2.0	1068	$1,200	$1.12	3d	1	0.41mi
1221 Frisco St Birmingham, AL	2.0	1.0	934	$950	$1.02	45d	1	0.49mi
1226 Frisco St Birmingham, AL	4.0	2.0	1232	$1,245	$1.01	13d	1	0.49mi
1232 Frisco St Birmingham, AL	4.0	2.0	1332	$1,295	$0.97	3d	1	0.51mi
304 Nevada St Birmingham, AL	3.0	1.0	1160	$1,200	$1.03	45d	1	0.53mi
1300 Gulfport St Birmingham, AL	3.0	2.0	1778	$1,200	$0.67	45d	1	0.53mi
1312 Gulfport St Birmingham, AL	3.0	1.5	1376	$1,100	$0.80	45d	1	0.56mi
528 Oregon St Birmingham, AL	3.0	1.0	1165	$1,200	$1.03	45d	1	0.58mi
229 Oregon St Birmingham, AL	3.0	1.0	1044	$1,200	$1.15	17d	1	0.59mi
229 Oregon St Birmingham, AL	3.0	1.0	1044	$1,200	$1.15	16d	1	0.59mi
1400 Indiana St Birmingham, AL	3.0	1.0	1020	$1,200	$1.18	45d	1	0.61mi
5223 Loop Rd Birmingham, AL	3.0	1.0	1392	$1,100	$0.79	45d	1	0.71mi
3015 Avenue C Unit C Birmingham, AL	2.0	1.0	1000	$825	$0.82	45d	1	0.86mi
3011 Avenue D Birmingham, AL	2.0	1.0	1000	$795	$0.80	45d	1	0.86mi
3201 Avenue E Birmingham, AL	3.0	1.0	1056	$925	$0.88	45d	1	0.97mi
3517 Avenue F Birmingham, AL	3.0	2.0	1155	$1,200	$1.04	45d	1	1.02mi
518 41st St Fairfield, AL	3.0	2.0	1095	$1,200	$1.10	45d	1	1.07mi
3212 Avenue G Unit G Ensley, AL	2.0	1.0	902	$850	$0.94	45d	1	1.08mi
2711 Avenue E Birmingham, AL	2.0	1.0	1560	$800	$0.51	45d	1	1.08mi
521 41st St Fairfield, AL	4.0	2.0	1800	$1,300	$0.72	45d	1	1.11mi
504 Templeton Rd Birmingham, AL	3.0	2.0	1508	$950	$0.63	5d	1	1.20mi
728 41st St Fairfield, AL	3.0	1.0	1316	$1,100	$0.84	45d	1	1.25mi
2908 Avenue I Unit I Ensley, AL	3.0	1.0	1383	$1,025	$0.74	25d	1	1.26mi
3100 Avenue J Birmingham, AL	3.0	1.0	1409	$1,000	$0.71	12d	1	1.30mi
2722 Avenue I Unit I Ensley, AL	4.0	1.0	1578	$1,000	$0.63	45d	1	1.30mi
5001 Farrell Ave Fairfield, AL	2.0	1.0	1218	$995	$0.82	45d	1	1.37mi
621 Valley Rd Fairfield, AL	2.0	1.0	935	$900	$0.96	45d	1	1.41mi
4800 Norway Ave Birmingham, AL	3.0	1.0	1080	$1,200	$1.11	3d	1	1.42mi
1309 41st St Fairfield, AL	3.0	1.0	1070	$1,200	$1.12	45d	1	1.42mi
518 Oak Pl Fairfield, AL	3.0	1.0	1236	$875	$0.71	21d	1	1.45mi
513 Oak Pl Fairfield, AL	4.0	2.0	1440	$1,300	$0.90	25d	1	1.47mi
2617 Avenue K Birmingham, AL	4.0	2.0	1046	$1,495	$1.43	3d	1	1.49mi
304 52nd St Fairfield, AL	4.0	2.0	1355	$1,000	$0.74	45d	1	1.50mi

Listing history 32 events

1. 2026-06-21
   days on market $104,900 Active 283 DOM
2. 2026-06-18
   days on market $104,900 Active 280 DOM
3. 2026-06-17
   days on market $104,900 Active 279 DOM
4. 2026-06-16
   days on market $104,900 Active 278 DOM
5. 2026-06-15
   days on market $104,900 Active 277 DOM
6. 2026-06-13
   pricedays on market $104,900 Active 275 DOM
7. 2026-06-10
   days on market $110,000 Active 272 DOM
8. 2026-06-09
   days on market $110,000 Active 271 DOM
9. 2026-06-08
   days on market $110,000 Active 270 DOM
10. 2026-06-07
    days on market $110,000 Active 269 DOM
11. 2026-06-03
    days on market $110,000 Active 265 DOM
12. 2026-06-02
    days on market $110,000 Active 264 DOM
13. 2026-06-01
    days on market $110,000 Active 263 DOM
14. 2026-05-31
    days on market $110,000 Active 262 DOM
15. 2025-10-02
    historical $1,200
16. 2025-09-11
    listed $110,000 Active 820-char remark

    Show marketing remark (820 chars)

    Spacious and updated 4-bedroom, 1-bath home in Birmingham offering 1,380 sq ft of comfortable living space. Fresh interior improvements and a practical layout make this property well-suited for both investors and owner-occupants seeking long-term value. The home features generous living areas, a functional kitchen, and flexible bedroom space ideal for everyday living or rental use. Conveniently located near downtown Birmingham, shopping, and major highways, it offers a balance of accessibility and affordability. This property presents a solid opportunity to add a turnkey home to your portfolio or secure a comfortable residence at an attractive price point. With an acceptable offer, the home includes a $2,000 lender credit and a transferable home warranty, providing added value and peace of mind for the buyer.

17. 2025-06-04
    listed $1,200
18. 2024-07-08
    soldstatus $70,000
19. 2024-06-24
    soldstatus $70,000 Sold 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

20. 2024-06-20
    status Pending 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

21. 2024-04-08
    status Active 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

22. 2024-04-01
    historical Contingent 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

23. 2024-03-08
    status Active 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

24. 2024-03-01
    status Pending 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

25. 2024-03-01
    historical Contingent 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

26. 2024-02-20
    listed $75,900 Active 275-char remark

    Show marketing remark (275 chars)

    Welcome to this charming 3 bedroom 1 bath home. Each room you will find to be spacious with neutral paint throughout. The kitchen has great natural light and out back you will find a very large backyard to host all of your entertaining. It is a must see that won't last long!

27. 2024-02-16
    historical $1,100
28. 2023-12-27
    listed $1,100
29. 2023-09-26
    soldstatus $50,000
30. 2022-11-10
    soldstatus $64,900
31. 1992-12-17
    soldstatus $33,000
32. 1984-07-01
    soldstatus $13,000

ⓘ 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: $1,028 · $86/mo
• Projected year-2 tax: $1,028 · $86/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 19 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: $12,982
• − Mortgage interest: −$5,876
• − Property taxes: −$1,028
• − Insurance: −$524
• − Repairs & maintenance: −$1,039
• − Management: −$1,039
• − Depreciation: −$3,052
• Taxable income: $425
• Est. tax owed @ 24.0%: −$102
• After-tax cash flow: $2,000/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): 5,409

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 (69%)
• Race & ethnicity: Black 69% White 22% Two or more races 5% Hispanic / Latino 3% Native American 1%
• Common ancestry: Slovak 0%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 3%

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: ▼ -24.47%
• Current HPI: 126.3423
• 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

-90.8% since first listed

18 events — show timeline

• 2025-10-02 Rental Removed $1,200 TENANTTURNER2
• 2025-09-11 Listed $110,000 Greater Alabama MLS
• 2025-06-04 Listed for Rent $1,200 TENANTTURNER2
• 2024-07-08 Sold (Public Records) $70,000 Public Records
• 2024-06-24 Sold (MLS) $70,000 Greater Alabama MLS
• 2024-06-20 Pending — Greater Alabama MLS
• 2024-04-08 Relisted — Greater Alabama MLS
• 2024-04-01 Contingent — Greater Alabama MLS
• 2024-03-08 Relisted — Greater Alabama MLS
• 2024-03-01 Pending — Greater Alabama MLS
• 2024-03-01 Contingent — Greater Alabama MLS
• 2024-02-20 Listed $75,900 Greater Alabama MLS
• 2024-02-16 Rental Removed $1,100 GALMLS
• 2023-12-27 Listed for Rent $1,100 GALMLS
• 2023-09-26 Sold (Public Records) $50,000 Public Records
• 2022-11-10 Sold (Public Records) $64,900 Public Records
• 1992-12-17 Sold (Public Records) $33,000 Public Records
• 1984-07-01 Sold (Public Records) $13,000 Public Records

Property tax history

+12.5%/yr

Latest (2025): $1,028 · +0.0% YoY. Source: county tax records.