4202 Avenue F · Fairfield, AL 35064

$39,000

1 bd · 1.0 ba · 1,247 sqft · SingleFamily public records · 707 Days on market

Built 1925 7,840 sqft lot $31/sqft · 28% below area Est $54k · 28% under ↓ 19% since listing

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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
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Property Overview: 4202/4204 Avenue F, Fairfield, AL 35064 Investor Special Alert! ?? This duplex located near the West End, the Crossplex, and just a stone's throw from Ensley and the Miles College revitalization area, is a golden opportunity for cash buyers looking for a rehab project. Priced at just $48,000, this property won't last long! Here are the key details: - Type: Duplex - Units: 2 - Unit Size: 800 sq ft each - Prime Location: Strategically situated near the West End, the Crossplex, Ensley, and within the Miles College revitalization area. - Rehab Opportunity: This duplex requires rehabilitation, making it ideal for investors looking to customize and add value. - Cash Purchase: Perfect for cash buyers ready to capitalize on a promising investment. This property offers proximity to key attractions and ongoing development, ensuring a steady rental market. With the potential for significant value appreciation. Contact us today to schedule a showing and explore the potential.

Key facts

• Rental income
• Duplex
• 7,840 sq ft lot

Tags

• DUPLEX
• RENTAL INCOME

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $39k.

Deal economics

• At list price, monthly cash flow is $440 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($880 rent vs $39k).
• Recommended offer: $34k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.8% vs local median 10.2% in Fairfield — 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 64/100 on livability (#160 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, schools F, amenities F.
• Fairfield City (suburban): math 2% / reading 15% proficiency, ranked #125 of 129 in AL (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 52 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% 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 $270 of loan paydown is wiped out by about $1k 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 $11k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 707 days — a 12% lower offer ($34k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $34,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 707 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 1925 — 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 D 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: 2.26% ✓
• Cap rate: 19.82%
• Cash-on-cash: 48.30%
• DSCR: 3.15
• GRM: 3.7

CMA / ARV

• ARV (median comp): $54,120
• List price: $39,000
• Delta: -27.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
314 43rd St	0.31mi	2/1.0 (+1)	1,068 (-14%)	5mo	$53,500	$50	52
717 39th Pl	0.24mi	2/1.5 (+1)	1,124 (-10%)	17mo	$32,000	$28	51
310 54th St	0.59mi	2/2.0 (+1)	1,296 (+4%)	21mo	$29,000	$22	39
5314 Belrosa Ter	0.72mi	2/1.0 (+1)	1,078 (-14%)	6mo	$25,000	$23	33

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: 45.8%
• Equity multiple: 2.99×
• Total profit: $21,679
• Equity at exit: $5,815

10-year hold

• IRR: 51.6%
• Equity multiple: 6.03×
• Total profit: $54,943
• Equity at exit: $3,372

Cash invested: $10,920 (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 35064

• Home prices YoY: -28.8%
• Active inventory: 52
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $880 high
• Mortgage (P&I): −$205
• Tax from tax record: −$35 /mo · $420/yr
• Insurance: −$16
• HOA: −$0
• Vacancy / Maint / Mgmt: −$185
• Net cashflow: $440

Break-even live

Break-even rent $324

Max offer price $39,000

Occupancy floor 45%

Sensitivity live

Price	-10% $462	-5% $451	+0% $440	+5% $428	+10% $417
Rent	-10% $370	-5% $405	+0% $440	+5% $474	+10% $509
Rate	-1.0pp $459	-0.5pp $449	base $440	+0.5pp $429	+1.0pp $419

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: $9,750
• Closing costs: $1,170
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
621 Valley Rd Fairfield, AL	2.0	1.0	935	$900	$0.96	44d	1	0.17mi
5001 Farrell Ave Fairfield, AL	2.0	1.0	1218	$995	$0.82	44d	1	0.19mi
708 40th St Fairfield, AL	2.0	1.0	788	$650	$0.82	44d	1	0.19mi
931 41st Street Ensley Birmingham, AL	2.0	1.5	1048	$995	$0.95	4d	1	0.37mi
813 46th St Fairfield, AL	2.0	1.0	1100	$825	$0.75	11d	1	0.39mi
410 54th St Fairfield, AL	2.0	1.0	1068	$700	$0.66	3d	1	0.56mi
3212 Avenue G Unit G Ensley, AL	2.0	1.0	902	$850	$0.94	44d	1	0.67mi
1112 47th St W Birmingham, AL	2.0	1.0	1166	$975	$0.84	44d	1	0.76mi
1221 Frisco St Birmingham, AL	2.0	1.0	934	$950	$1.02	44d	1	0.80mi
3015 Avenue C Unit C Birmingham, AL	2.0	1.0	1000	$825	$0.82	44d	1	0.88mi
3011 Avenue D Birmingham, AL	2.0	1.0	1000	$795	$0.80	44d	1	0.88mi
5712 Monte Sano Rd Birmingham, AL	2.0	1.0	700	$900	$1.29	44d	1	1.01mi
1429 47th Street Ensley Unit ENSLEY Birmingham, AL	2.0	1.0	768	$750	$0.98	44d	1	1.02mi
1045 57th St Birmingham, AL	1.0	1.0	700	$775	$1.11	44d	1	1.06mi
1540 42nd Street Ensley Unit ENSLEY Birmingham, AL	2.0	1.0	899	$1,037	$1.15	44d	1	1.09mi
5710 Monte Sano Dr Birmingham, AL	2.0	1.0	700	$950	$1.36	44d	1	1.09mi
1501 29th Street Ensley Birmingham, AL	2.0	1.0	772	$800	$1.04	24d	1	1.16mi
1532 31st Street Ensley Birmingham, AL	2.0	1.0	839	$850	$1.01	44d	1	1.18mi
125 Jerry Coleman St Fairfield, AL	2.0	1.0	715	$725	$1.01	44d	1	1.21mi
5516 Avenue P Birmingham, AL	2.0	1.0	888	$1,000	$1.13	44d	1	1.39mi
1609 Pike Rd Birmingham, AL	2.0	1.5	820	$800	$0.98	20d	5	1.42mi
4724 Court R Birmingham, AL	2.0	1.0	1016	$895	$0.88	15d	1	1.47mi
1001 21st Street Ensley Unit B Birmingham, AL	2.0	1.0	700	$725	$1.04	17d	1	1.48mi
1521 22nd Street Ensley Unit B Birmingham, AL	2.0	1.0	750	$875	$1.17	24d	1	1.49mi

Listing history 15 events

1. 2026-06-18
   days on market $39,000 Active 707 DOM
2. 2026-06-17
   days on market $39,000 Active 706 DOM
3. 2026-06-16
   days on market $39,000 Active 705 DOM
4. 2026-06-15
   days on market $39,000 Active 704 DOM
5. 2026-06-13
   days on market $39,000 Active 702 DOM
6. 2026-06-10
   days on market $39,000 Active 699 DOM
7. 2026-06-09
   days on market $39,000 Active 698 DOM
8. 2026-06-08
   days on market $39,000 Active 697 DOM
9. 2026-06-07
   days on market $39,000 Active 696 DOM
10. 2026-06-03
    days on market $39,000 Active 692 DOM
11. 2026-06-02
    days on market $39,000 Active 691 DOM
12. 2026-06-01
    days on market $39,000 Active 690 DOM
13. 2026-05-31
    days on market $39,000 Active 689 DOM
14. 2025-08-10
    price $39,000 997-char remark

    Show marketing remark (997 chars)

    Property Overview: 4202/4204 Avenue F, Fairfield, AL 35064 Investor Special Alert! ?? This duplex located near the West End, the Crossplex, and just a stone's throw from Ensley and the Miles College revitalization area, is a golden opportunity for cash buyers looking for a rehab project. Priced at just $48,000, this property won't last long! Here are the key details: - Type: Duplex - Units: 2 - Unit Size: 800 sq ft each - Prime Location: Strategically situated near the West End, the Crossplex, Ensley, and within the Miles College revitalization area. - Rehab Opportunity: This duplex requires rehabilitation, making it ideal for investors looking to customize and add value. - Cash Purchase: Perfect for cash buyers ready to capitalize on a promising investment. This property offers proximity to key attractions and ongoing development, ensuring a steady rental market. With the potential for significant value appreciation. Contact us today to schedule a showing and explore the potential.

15. 2024-07-11
    listed $48,000 Active 997-char remark

    Show marketing remark (997 chars)

    Property Overview: 4202/4204 Avenue F, Fairfield, AL 35064 Investor Special Alert! ?? This duplex located near the West End, the Crossplex, and just a stone's throw from Ensley and the Miles College revitalization area, is a golden opportunity for cash buyers looking for a rehab project. Priced at just $48,000, this property won't last long! Here are the key details: - Type: Duplex - Units: 2 - Unit Size: 800 sq ft each - Prime Location: Strategically situated near the West End, the Crossplex, Ensley, and within the Miles College revitalization area. - Rehab Opportunity: This duplex requires rehabilitation, making it ideal for investors looking to customize and add value. - Cash Purchase: Perfect for cash buyers ready to capitalize on a promising investment. This property offers proximity to key attractions and ongoing development, ensuring a steady rental market. With the potential for significant value appreciation. Contact us today to schedule a showing and explore the potential.

ⓘ 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: $420 · $35/mo
• Projected year-2 tax: $420 · $35/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 7/10 Severe 7 d/yr ≥107°F today · 20 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: $10,562
• − Mortgage interest: −$2,185
• − Property taxes: −$420
• − Insurance: −$195
• − Repairs & maintenance: −$845
• − Management: −$845
• − Depreciation: −$1,135
• Taxable income: $4,937
• Est. tax owed @ 24.0%: −$1,185
• After-tax cash flow: $4,089/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: Fairfield City
• NCES district ID: 0101440
• Math proficiency: 2% ▼ -18.00%
• Reading proficiency: 15% ▼ -4.00%
• Median HH income: $35,288
• Composite: 6.92/100
• National rank: #9974
• State rank: #125 of 129 in AL

Livability — Fairfield

• Score: 64/100
• State rank: #160
• US rank: #14390

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fairfield, AL
• County: Jefferson County · 527,445 people
• City population: 9,872
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 9,872
• Household income: $48,692
• Rent vs Own: 40.5% rent · 59.5% own
• Severe rent burden: 784.0

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 (91%)
• Race & ethnicity: Black 91% White 7% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 99% 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: ▼ -50.47%
• Current HPI: 124.7012
• 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

-18.8% since first listed

2 events — show timeline

• 2025-08-10 Price Changed $39,000 Greater Alabama MLS
• 2024-07-11 Listed $48,000 Greater Alabama MLS

Property tax history

-1.5%/yr

Latest (2025): $420 · +0.0% YoY. Source: county tax records.