704 14th Ave NW · Birmingham, AL 35215

$134,900

3 bd · 2.0 ba · 1,188 sqft · SingleFamily public records · 40 Days on market

Built 1995 0.42 ac lot $114/sqft · 11% below area Est $151k · 11% under

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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 +17.4/30.0
• ARV discount +12.3/15.0
• DSCR +5.4/10.0
• 1% rule +4.3/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute 1 level with vaulted ceilings in living room and kitchen. Split bedroom design. 3 bedrooms and 2 baths. Fenced backyard. Roof only a year old. Tall crawlspace with plenty of storage room. Needs a little TLC.

Key facts

• Spacious living area
• Unfinished basement
• Fenced-in backyard

Tags

• EXPANSIVE 0.42-ACRE LOT
• FENCED-IN BACKYARD
• PRIVATE REAR DECK
• UNFINISHED BASEMENT
• FUNCTIONAL FLOOR PLAN
• SPACIOUS LIVING AREA

Property features AI

Finance

• HOA & community: No association fee

Exterior

• Parking: Driveway parking
• Utilities: Public water; Connected sewer; Electric water heater; Internet availability unknown
• Home design: Single-story property (rooms listed on main level); Interior lot
• Construction: Wood siding construction; Wood exterior; Crawl space foundation; Year built: existing (no new construction)
• Exterior features: Fenced yard; Open deck

Interior

• Kitchen: Solid surface countertops; Built-in dishwasher; Refrigerator included; Electric stove
• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms; Tub/shower combo
• Heating & cooling: Electric forced-air heating; Electric cooling
• Interior features: Split-bedroom floor plan; Ceilings: Other (see remarks); Living area reported as 1,188
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry closet on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $101 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $126k (6.6% below list).
• Recommended offer: $126k (6.6% below list) — sets the bar for 1% rule.

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-, crime F, employment 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.
• Zoned schools: Huffman High Schoolmagnet (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 1,147 students, 72% FRL).
• Market conditions: Rents rising (+3.0%/yr); 334 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $933 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.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y 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

• 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 $125,983 (6.6% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
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. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.93% ✗
• Cap rate: 7.19%
• Cash-on-cash: 3.20%
• DSCR: 1.14
• GRM: 8.9

CMA / ARV

• ARV (median comp): $151,167
• List price: $134,900
• Delta: -10.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1360 5th Pl NW	0.41mi	3/1.0	1,220 (+3%)	1mo	$92,500	$76	72
512 16th Ter NW	0.66mi	3/2.0	1,225 (+3%)	1mo	$183,000	$149	64
1209 Rose Lynn Ln	0.40mi	3/1.0	1,080 (-9%)	0mo	$150,000	$139	62
1128 Cardwell Ln	0.55mi	3/1.0	1,225 (+3%)	4mo	$93,500	$76	62
217 Killough Dr	0.66mi	3/2.0	1,212 (+2%)	5mo	$100,000	$83	61
1317 5th Pl NW	0.47mi	3/1.0	1,086 (-9%)	1mo	$92,500	$85	59
628 16th Ct NW	0.41mi	3/2.0	1,323 (+11%)	5mo	$165,000	$125	58
421 Wedgeworth Rd	0.56mi	3/1.5	1,092 (-8%)	2mo	$116,400	$107	56
424 13th Ct NW	0.62mi	3/1.0	1,118 (-6%)	1mo	$92,500	$83	56
1640 4th Way NW	0.75mi	3/1.0	1,144 (-4%)	4mo	$149,900	$131	51
1409 4th Pl NW	0.62mi	3/2.0	1,363 (+15%)	2mo	$192,000	$141	45
432 13th Ave NW	0.44mi	4/1.0 (+1)	1,346 (+13%)	4mo	$35,100	$26	45

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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: -11.2%
• Equity multiple: 0.59×
• Total profit: $-15,403
• Equity at exit: $20,114

10-year hold

• IRR: -1.9%
• Equity multiple: 0.87×
• Total profit: $-4,967
• Equity at exit: $11,664

Cash invested: $37,772 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 334
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,260 high
• Mortgage (P&I): −$707
• Tax from tax record: −$131 /mo · $1,572/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $101

Break-even live

Break-even rent $1,132

Max offer price $134,900

Occupancy floor 87%

Sensitivity live

Price	-10% $177	-5% $139	+0% $101	+5% $62	+10% $24
Rent	-10% $1	-5% $51	+0% $101	+5% $150	+10% $200
Rate	-1.0pp $169	-0.5pp $135	base $101	+0.5pp $66	+1.0pp $30

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
621 15th Ave NW Birmingham, AL	4.0	2.0	1070	$1,200	$1.12	16d	1	0.20mi
769 15th Ct NW Birmingham, AL	3.0	1.5	1130	$1,310	$1.16	12d	1	0.24mi
500 15th Ave NW Center Point, AL	3.0	1.0	1079	$1,050	$0.97	3d	1	0.41mi
1356 5th Pl NW Center Point, AL	3.0	1.0	1064	$1,105	$1.04	44d	1	0.42mi
1328 5th Pl NW Center Point, AL	3.0	1.0	1250	$1,050	$0.84	16d	1	0.45mi
1612 Glenwood St NW Center Point, AL	4.0	3.0	1344	$1,480	$1.10	24d	1	0.46mi
1333 5th Pl NW Center Point, AL	3.0	2.0	1056	$1,275	$1.21	44d	1	0.46mi
1305 5th Pl NW Center Point, AL	3.0	2.0	1092	$1,200	$1.10	44d	1	0.50mi
1301 5th Pl NW Center Point, AL	3.0	1.0	1170	$1,100	$0.94	4d	1	0.51mi
400 13th Ave NW Birmingham, AL	2.0	1.0	1100	$890	$0.81	44d	1	0.54mi
434 15th Ter NW Center Point, AL	3.0	2.0	1053	$1,200	$1.14	44d	1	0.62mi
1232 Oakwood St Birmingham, AL	3.0	1.5	1301	$1,223	$0.94	24d	1	0.63mi
217 Killough Dr Birmingham, AL	3.0	2.0	1212	$1,200	$0.99	15d	1	0.68mi
1732 6th St NW Center Point, AL	3.0	1.5	1300	$1,250	$0.96	3d	1	0.69mi
324 13th Ter NW Center Point, AL	3.0	1.5	1418	$1,295	$0.91	24d	1	0.70mi
405 13th Ct NW Center Point, AL	4.0	1.5	1248	$1,415	$1.13	22d	1	0.71mi
1225 Birchwood St Birmingham, AL	3.0	2.0	1092	$1,175	$1.08	4d	1	0.72mi
1237 Linwood St Birmingham, AL	3.0	1.5	1066	$995	$0.93	44d	1	0.75mi
1801 Carson Rd Unit 2 Birmingham, AL	2.0	1.0	800	$600	$0.75	11d	1	0.79mi
433 Orchid Rd Birmingham, AL	3.0	1.0	1162	$1,255	$1.08	16d	1	0.80mi
1700 4th Pl NW Center Point, AL	3.0	1.0	914	$1,075	$1.18	24d	1	0.82mi
1153 Linwood St Birmingham, AL	3.0	2.0	1250	$1,295	$1.04	3d	1	0.83mi
1712 4th Pl NW Center Point, AL	3.0	1.0	1182	$1,150	$0.97	24d	1	0.83mi
1617 3rd Pl NW Center Point, AL	3.0	2.0	1404	$1,150	$0.82	24d	1	0.83mi
1821 Carson Rd Unit 2 Birmingham, AL	2.0	1.5	800	$765	$0.96	44d	1	0.83mi
1821 Carson Rd Unit 3 Birmingham, AL	2.0	1.5	800	$580	$0.72	22d	1	0.83mi
1827 Carson Rd Unit 7 Birmingham, AL	3.0	2.5	1332	$950	$0.71	24d	1	0.86mi
1827 Carson Rd Unit 1 Birmingham, AL	3.0	2.5	1332	$1,125	$0.84	44d	1	0.86mi
108 13th Ave NW Center Point, AL	4.0	2.0	1444	$1,265	$0.88	24d	1	0.89mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	4d	1	0.92mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	12d	1	0.93mi
120 Shawnee Ln NW Birmingham, AL	3.0	1.0	1120	$1,075	$0.96	44d	1	0.98mi
405 18th Ave NW Center Point, AL	3.0	2.0	1162	$1,299	$1.12	44d	1	0.99mi
848 Old Trail Rd Birmingham, AL	2.0	1.5	930	$925	$0.99	24d	1	1.06mi
208 Sam Pate Dr Birmingham, AL	3.0	2.0	988	$1,385	$1.40	2d	1	1.13mi
1628 1st St NW Center Point, AL	3.0	1.0	1124	$1,150	$1.02	44d	1	1.14mi
305 18th Ct NW Center Point, AL	3.0	1.5	1270	$1,100	$0.87	44d	1	1.15mi
1629 1st St NW Center Point, AL	3.0	1.0	900	$1,025	$1.14	24d	1	1.17mi
1208 Americana Dr Birmingham, AL	3.0	2.0	1104	$1,631	$1.48	12d	1	1.18mi
520 Camellia Rd Birmingham, AL	3.0	1.0	1053	$1,100	$1.04	4d	1	1.21mi

Listing history 19 events

1. 2026-06-18
   status $134,900 Pending 40 DOM
2. 2026-06-17
   days on market $134,900 Active 40 DOM
3. 2026-06-16
   days on market $134,900 Active 39 DOM
4. 2026-06-15
   days on market $134,900 Active 38 DOM
5. 2026-06-13
   days on market $134,900 Active 36 DOM
6. 2026-06-10
   days on market $134,900 Active 33 DOM
7. 2026-06-09
   days on market $134,900 Active 32 DOM
8. 2026-06-08
   days on market $134,900 Active 31 DOM
9. 2026-06-07
   days on market $134,900 Active 30 DOM
10. 2026-06-03
    days on market $134,900 Active 26 DOM
11. 2026-06-02
    days on market $134,900 Active 25 DOM
12. 2026-06-01
    days on market $134,900 Active 24 DOM
13. 2026-05-31
    days on market $134,900 Active 23 DOM
14. 2026-05-08
    listed $134,900 Active 936-char remark
15. 2024-03-11
    soldstatus $405,373,000
16. 2015-01-12
    soldstatus $61,000 212-char remark

    Show marketing remark (212 chars)

    Cute 1 level with vaulted ceilings in living room and kitchen. Split bedroom design. 3 bedrooms and 2 baths. Fenced backyard. Roof only a year old. Tall crawlspace with plenty of storage room. Needs a little TLC.

17. 2014-10-24
    listed $69,900 212-char remark

    Show marketing remark (212 chars)

    Cute 1 level with vaulted ceilings in living room and kitchen. Split bedroom design. 3 bedrooms and 2 baths. Fenced backyard. Roof only a year old. Tall crawlspace with plenty of storage room. Needs a little TLC.

18. 2003-07-03
    soldstatus $84,000
19. 1995-07-01
    soldstatus $8,000

ⓘ 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: $1,572 · $131/mo
• Projected year-2 tax: $1,572 · $131/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 ≥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 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,118
• − Mortgage interest: −$7,556
• − Property taxes: −$1,572
• − Insurance: −$674
• − Repairs & maintenance: −$1,209
• − Management: −$1,209
• − Depreciation: −$3,924
• Taxable loss: −$1,028
• Est. tax savings @ 24.0%: +$247
• After-tax cash flow: $1,454/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): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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 (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• 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

+1586.2% since first listed

7 events — show timeline

• 2026-06-18 Pending — Greater Alabama MLS
• 2026-05-08 Listed $134,900 Greater Alabama MLS
• 2024-03-11 Sold (Public Records) $405,373,000 Public Records
• 2015-01-12 Sold (MLS) $61,000 Greater Alabama MLS
• 2014-10-24 Listed $69,900 Greater Alabama MLS
• 2003-07-03 Sold (Public Records) $84,000 Public Records
• 1995-07-01 Sold (Public Records) $8,000 Public Records

Property tax history

+10.6%/yr

Latest (2025): $1,572 · +0.0% YoY. Source: county tax records.