1120 Woodland Ave SW · Birmingham, AL 35211

$30,000

2 bd · 1.5 ba · 1,074 sqft · SingleFamily public records · 209 Days on market

Built 1950 6,969 sqft lot $28/sqft · 29% below area Est $42k · 29% under

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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 +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

2 BR 1BA investment property in need of a complete rehab, with strong income generating potential.

Key facts

• 6,969 sq ft lot
• Parking
• Built 1950

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $30k.

Deal economics

• At list price, monthly cash flow is $232 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $30k).
• Recommended offer: $26k (12.0% below list) — sets the bar for market timing.
• Cap rate 32.6% 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: Rents soft (-0.0%/yr); 152 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); 50% 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 37% of the median local income ($35k/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 $207 of loan paydown is wiped out by about $900 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 + 0.0% rent growth), your $8k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($26k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $26,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 209 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 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
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: 3.55% ✓
• Cap rate: 32.63%
• Cash-on-cash: 94.07%
• DSCR: 5.19
• GRM: 2.3

CMA / ARV

• ARV (median comp): $42,376
• List price: $30,000
• Delta: -29.21%
• 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
809 11th St SW	0.49mi	2/1.0	1,113 (+4%)	0mo	$7,500	$7	69
1312 1st Ct W	0.33mi	3/2.0 (+1)	1,148 (+7%)	3mo	$177,000	$154	63
317 11th St SW	0.09mi	2/1.0	1,206 (+12%)	14mo	$40,000	$33	61
719 Washington Ave SW	0.46mi	3/1.0 (+1)	1,064 (-1%)	13mo	$40,000	$38	59
1320 1st Ct W	0.35mi	3/2.0 (+1)	1,148 (+7%)	14mo	$179,900	$157	53
3102 Border St	0.67mi	3/1.0 (+1)	1,019 (-5%)	1mo	$75,000	$74	52
1205 4th Ct W	0.57mi	3/1.5 (+1)	1,146 (+7%)	7mo	$43,000	$38	52
1324 Fulton Ave SW	0.30mi	3/2.0 (+1)	1,232 (+15%)	8mo	$120,000	$97	48
1400 4th Ct W	0.65mi	3/1.0 (+1)	1,164 (+8%)	4mo	$11,000	$9	45
600 Pride Way SW	0.58mi	3/1.0 (+1)	1,191 (+11%)	6mo	$80,000	$67	43
900 4th Ave W	0.57mi	3/1.5 (+1)	1,232 (+15%)	7mo	$115,000	$93	38
1045 4th Ter W	0.62mi	3/1.0 (+1)	1,197 (+12%)	11mo	$42,500	$36	36

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 22.1%
• Equity multiple: 1.84×
• Total profit: $7,054
• Equity at exit: $4,473

10-year hold

• IRR: 26.0%
• Equity multiple: 2.69×
• Total profit: $14,172
• Equity at exit: $2,594

Cash invested: $8,400 (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 35211

• Rents YoY: -0.0%
• Active inventory: 152
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,065 high
• Mortgage (P&I): −$157
• Tax from tax record: −$13 /mo · $157/yr
• Insurance: −$12
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$224
• Net cashflow: $232

Break-even live

Break-even rent $771

Max offer price $30,000

Occupancy floor 73%

Sensitivity live

Price	-10% $249	-5% $240	+0% $232	+5% $223	+10% $215
Rent	-10% $148	-5% $190	+0% $232	+5% $274	+10% $316
Rate	-1.0pp $247	-0.5pp $240	base $232	+0.5pp $224	+1.0pp $216

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: $7,500
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1220 Alabama Ave SW Birmingham, AL	3.0	1.5	1175	$1,350	$1.15	44d	1	0.15mi
405 11th St SW Unit B Birmingham, AL	2.0	1.0	1065	$800	$0.75	44d	1	0.15mi
1228 Fulton Ave SW Birmingham, AL	2.0	1.0	900	$800	$0.89	45d	1	0.22mi
219 12th St W Birmingham, AL	2.0	1.0	800	$799	$1.00	24d	1	0.38mi
1437 Woodland Ave SW Birmingham, AL	3.0	1.0	1369	$1,100	$0.80	3d	1	0.40mi
1100 Cotton Ave SW Unit b Birmingham, AL	2.0	1.5	816	$988	$1.21	44d	1	0.45mi
719 Washington Ave SW Birmingham, AL	3.0	1.0	1064	$950	$0.89	12d	1	0.46mi
1012 Cotton Ave SW Birmingham, AL	3.0	1.0	1232	$1,000	$0.81	44d	1	0.46mi
1024 4th Ave W Unit B Birmingham, AL	2.0	1.0	840	$823	$0.98	44d	1	0.52mi
644 Alabama Ave SW Birmingham, AL	3.0	1.0	1274	$1,125	$0.88	24d	1	0.53mi
1501 Princeton Ave SW Birmingham, AL	3.0	2.0	1260	$1,350	$1.07	45d	1	0.53mi
1000 4th Ave W Unit 4 Birmingham, AL	2.0	1.0	840	$823	$0.98	24d	1	0.54mi
908 4th Ave W Birmingham, AL	2.0	1.0	700	$745	$1.06	24d	1	0.56mi
1621 2nd Ct W Birmingham, AL	3.0	1.0	1074	$1,095	$1.02	44d	1	0.61mi
608 Fulton Ave SW Birmingham, AL	3.0	1.0	1271	$1,300	$1.02	44d	1	0.63mi
521 16th St SW Unit 523 Birmingham, AL	2.0	1.0	800	$800	$1.00	44d	1	0.63mi
916 14th St SW Unit A Birmingham, AL	2.0	1.0	870	$800	$0.92	24d	1	0.68mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	870	$800	$0.92	44d	1	0.68mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	800	$800	$1.00	12d	1	0.68mi
724 4th Ct W Birmingham, AL	3.0	1.0	1300	$930	$0.72	44d	1	0.69mi
132 17th St SW Birmingham, AL	2.0	1.0	738	$945	$1.28	44d	1	0.74mi
1119 Graymont Ave W Birmingham, AL	3.0	1.0	1260	$1,073	$0.85	2d	1	0.76mi
624 4th Ct W Birmingham, AL	3.0	1.5	992	$1,250	$1.26	44d	1	0.77mi
413 Fulton Ave SW Birmingham, AL	3.0	1.0	940	$525	$0.56	3d	1	0.81mi
1101 7th Ave W Birmingham, AL	3.0	1.0	1248	$1,250	$1.00	44d	1	0.82mi
2916 24th Street Ensley Birmingham, AL	2.0	1.0	850	$590	$0.69	24d	1	0.83mi
827 6th Ave W Birmingham, AL	3.0	1.0	1214	$1,075	$0.89	24d	1	0.83mi
612 12th St W Birmingham, AL	3.0	1.5	1242	$1,150	$0.93	44d	1	0.86mi
2304 Eufaula Ave Birmingham, AL	3.0	1.0	1381	$980	$0.71	44d	1	0.89mi
617 7th St W Birmingham, AL	3.0	1.5	1120	$1,175	$1.05	44d	1	0.94mi
1816 Saint Charles Ave SW Birmingham, AL	3.0	1.0	1395	$1,295	$0.93	24d	1	0.98mi
261 3rd Ave SW Birmingham, AL	1.0–2.0	1.0	634	$850	$1.34	3d	14	1.05mi
2712 24th Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1232	$1,099	$0.89	24d	1	1.05mi
1620 Alemeda Ave SW Birmingham, AL	3.0	2.0	1314	$1,295	$0.99	2d	1	1.06mi
1256 15th St SW Birmingham, AL	3.0	1.0	1206	$1,300	$1.08	3d	1	1.10mi
1233 15th Way SW Birmingham, AL	3.0	1.0	1119	$1,050	$0.94	44d	1	1.11mi
3113 Pike Rd Birmingham, AL	3.0	2.0	1143	$1,275	$1.12	44d	1	1.16mi
1642 Graymont Ave W Birmingham, AL	3.0	1.0	1219	$1,090	$0.89	3d	1	1.17mi
1000 17th Pl SW Birmingham, AL	3.0	2.0	1200	$1,275	$1.06	19d	1	1.18mi
1933 Saint Charles Ct SW Birmingham, AL	3.0	1.0	1106	$1,050	$0.95	24d	1	1.19mi

Listing history 14 events

1. 2026-06-18
   days on market $30,000 Active 209 DOM
2. 2026-06-17
   days on market $30,000 Active 208 DOM
3. 2026-06-16
   days on market $30,000 Active 207 DOM
4. 2026-06-15
   days on market $30,000 Active 206 DOM
5. 2026-06-13
   days on market $30,000 Active 204 DOM
6. 2026-06-10
   days on market $30,000 Active 201 DOM
7. 2026-06-09
   days on market $30,000 Active 200 DOM
8. 2026-06-08
   days on market $30,000 Active 199 DOM
9. 2026-06-07
   days on market $30,000 Active 198 DOM
10. 2026-06-03
    days on market $30,000 Active 194 DOM
11. 2026-06-02
    days on market $30,000 Active 193 DOM
12. 2026-06-01
    days on market $30,000 Active 192 DOM
13. 2026-05-31
    days on market $30,000 Active 191 DOM
14. 2025-11-21
    listed $30,000 Active 98-char remark

    Show marketing remark (98 chars)

    2 BR 1BA investment property in need of a complete rehab, with strong income generating 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: $157 · $13/mo
• Projected year-2 tax: $157 · $13/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 7/10 Severe FEMA zone AE · 76% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 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 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,781
• − Mortgage interest: −$1,680
• − Property taxes: −$157
• − Insurance: −$5,268
• − Repairs & maintenance: −$1,022
• − Management: −$1,022
• − Depreciation: −$873
• Taxable income: $2,757
• Est. tax owed @ 24.0%: −$662
• After-tax cash flow: $2,122/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): 24,924
• Household income: $34,884
• Rent vs Own: 59.7% rent · 40.3% own
• Severe rent burden: 2161.0

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 (77%)
• Race & ethnicity: Black 77% White 10% Hispanic / Latino 10% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 8% French/Haitian/Cajun 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: ▼ -49.29%
• Current HPI: 91.2903
• Rent YoY: ▬ -0.01%
• 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

1 event — show timeline

• 2025-11-21 Listed $30,000 Greater Alabama MLS