1290 Fieldstown Rd · Gardendale, AL 35071

$145,000

2 bd · 1.0 ba · 674 sqft · SingleFamily public records · 117 Days on market

Built 1950 1,089 sqft lot $215/sqft · at area comps Est $173k · 16% under

---

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 +14.8/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Conveniently located in the heart of Gardendale, this one-level 2-bedroom, 1-bath home offers 808 square feet of functional living space. Built in 1950, the property features a practical layout and easy access to shopping, dining, schools, and major roadways. Whether you're looking for an affordable primary residence or an addition to your investment portfolio, this home provides a solid opportunity in an established area. Schedule your showing today to see the potential for yourself.

Key facts

• 1,089 sq ft lot
• Built 1950
• Listed 116 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $132k (9.0% below list) — sets the bar for market timing.
• Cap rate 14.8% vs local median 5.5% in Gardendale — 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 66/100 on livability (#113 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F, health & safety F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 97 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 35% of the median local income ($82k/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 $1k of loan paydown is wiped out by about $4k 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 + 3.0% rent growth), your $41k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: built in 1950 — 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 $131,950 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — 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. 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: 1.65% ✓
• Cap rate: 14.79%
• Cash-on-cash: 30.34%
• DSCR: 2.35
• GRM: 5.0

CMA / ARV

• ARV (median comp): $173,140
• List price: $145,000
• Delta: -16.25%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 25.0%
• Equity multiple: 2.03×
• Total profit: $41,845
• Equity at exit: $21,620

10-year hold

• IRR: 32.7%
• Equity multiple: 3.97×
• Total profit: $120,444
• Equity at exit: $12,537

Cash invested: $40,600 (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 35071

• Home prices YoY: -21.1%
• Active inventory: 97
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,396 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$46 /mo · $547/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$503
• Net cashflow: $1,027

Break-even live

Break-even rent $1,097

Max offer price $145,000

Occupancy floor 52%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4000 Skyline Ridge Rd Unit 4712 Gardendale, AL	1.0	1.0	736	$2,995	$4.07	2d	1	1.31mi
4000 Skyline Ridge Rd Unit 4325 Gardendale, AL	1.0	1.0	736	$2,695	$3.66	43d	1	1.31mi

Listing history 21 events

1. 2026-06-18
   days on market $145,000 Active 117 DOM
2. 2026-06-17
   days on market $145,000 Active 116 DOM
3. 2026-06-16
   days on market $145,000 Active 115 DOM
4. 2026-06-15
   days on market $145,000 Active 114 DOM
5. 2026-06-13
   days on market $145,000 Active 112 DOM
6. 2026-06-10
   days on market $145,000 Active 109 DOM
7. 2026-06-09
   days on market $145,000 Active 108 DOM
8. 2026-06-08
   days on market $145,000 Active 107 DOM
9. 2026-06-07
   days on market $145,000 Active 106 DOM
10. 2026-06-03
    days on market $145,000 Active 102 DOM
11. 2026-06-02
    days on market $145,000 Active 101 DOM
12. 2026-06-01
    days on market $145,000 Active 100 DOM
13. 2026-05-31
    days on market $145,000 Active 99 DOM
14. 2026-04-24
    price $145,000 489-char remark

    Show marketing remark (489 chars)

    Conveniently located in the heart of Gardendale, this one-level 2-bedroom, 1-bath home offers 808 square feet of functional living space. Built in 1950, the property features a practical layout and easy access to shopping, dining, schools, and major roadways. Whether you're looking for an affordable primary residence or an addition to your investment portfolio, this home provides a solid opportunity in an established area. Schedule your showing today to see the potential for yourself.

15. 2026-02-22
    listed $150,000 Active 489-char remark

    Show marketing remark (489 chars)

    Conveniently located in the heart of Gardendale, this one-level 2-bedroom, 1-bath home offers 808 square feet of functional living space. Built in 1950, the property features a practical layout and easy access to shopping, dining, schools, and major roadways. Whether you're looking for an affordable primary residence or an addition to your investment portfolio, this home provides a solid opportunity in an established area. Schedule your showing today to see the potential for yourself.

16. 2026-02-21
    historical $150,000 489-char remark

    Show marketing remark (489 chars)

    Conveniently located in the heart of Gardendale, this one-level 2-bedroom, 1-bath home offers 808 square feet of functional living space. Built in 1950, the property features a practical layout and easy access to shopping, dining, schools, and major roadways. Whether you're looking for an affordable primary residence or an addition to your investment portfolio, this home provides a solid opportunity in an established area. Schedule your showing today to see the potential for yourself.

17. 2022-09-01
    soldstatus $128,900
18. 2022-08-30
    soldstatus $128,900 Sold 355-char remark

    Show marketing remark (355 chars)

    * * CUTE AS A BUTTON! * * This ONE LEVEL home makes for a great starter home or is perfect for those wanting to downsize! ~ It's located in the heart of Gardendale, so it's super convenient to EVERYTHING!! ~ New Exterior Siding ~ New Cooktop ~ New Fixtures ~ Fresh Paint. .. . It's MOVE IN READY!! Don't let this one get away! ~ SUPER EASY to show!!!

19. 2022-08-12
    historical Contingent 355-char remark

    Show marketing remark (355 chars)

    * * CUTE AS A BUTTON! * * This ONE LEVEL home makes for a great starter home or is perfect for those wanting to downsize! ~ It's located in the heart of Gardendale, so it's super convenient to EVERYTHING!! ~ New Exterior Siding ~ New Cooktop ~ New Fixtures ~ Fresh Paint. .. . It's MOVE IN READY!! Don't let this one get away! ~ SUPER EASY to show!!!

20. 2022-06-24
    listed $128,900 Active 355-char remark

    Show marketing remark (355 chars)

    * * CUTE AS A BUTTON! * * This ONE LEVEL home makes for a great starter home or is perfect for those wanting to downsize! ~ It's located in the heart of Gardendale, so it's super convenient to EVERYTHING!! ~ New Exterior Siding ~ New Cooktop ~ New Fixtures ~ Fresh Paint. .. . It's MOVE IN READY!! Don't let this one get away! ~ SUPER EASY to show!!!

21. 2022-05-10
    soldstatus $50,000

ⓘ 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: $547 · $46/mo
• Projected year-2 tax: $594 · $50/mo
• Expected delta: +$48/yr (+$4/mo · 8.7%)

ⓘ 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 5/10 Major 7 d/yr ≥106°F today · 19 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: $28,755
• − Mortgage interest: −$8,122
• − Property taxes: −$547
• − Insurance: −$725
• − Repairs & maintenance: −$2,300
• − Management: −$2,300
• − Depreciation: −$4,218
• Taxable income: $10,542
• Est. tax owed @ 24.0%: −$2,530
• After-tax cash flow: $9,790/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Gardendale

• Score: 66/100
• State rank: #113
• US rank: #12225

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gardendale, AL
• County: Jefferson County · 527,445 people
• City population: 17,288
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 17,288
• Household income: $82,074
• Rent vs Own: 22.5% rent · 77.5% own
• Severe rent burden: 151.0

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 White (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 4% Hispanic / Latino 2% Asian 1%
• Common ancestry: Slovak 3% Serbian 2% Italian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -55.29%
• Current HPI: 206.7447
• Rent YoY: —
• 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

+190.0% since first listed

8 events — show timeline

• 2026-04-24 Price Changed $145,000 Greater Alabama MLS
• 2026-02-22 Listed $150,000 Greater Alabama MLS
• 2026-02-21 Coming Soon $150,000 Greater Alabama MLS
• 2022-09-01 Sold (Public Records) $128,900 Public Records
• 2022-08-30 Sold (MLS) $128,900 Greater Alabama MLS
• 2022-08-12 Contingent — Greater Alabama MLS
• 2022-06-24 Listed $128,900 Greater Alabama MLS
• 2022-05-10 Sold (Public Records) $50,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $547 · +1.3% YoY. Source: county tax records.