1717 57th St W · Birmingham, AL 35228

$49,900

4 bd · 2.0 ba · 1,774 sqft · SingleFamily public records · 13 Days on market

Built 1980 10,018 sqft lot Est $76k · 35% under ↓ 28% 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 +3.4/5.0
• Appreciation +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +0.9/10.0

Listing remarks

Charming 3-bedroom, 2-bath home offering a welcoming curb appeal with its classic exterior, shutters, and inviting front entry. Inside, the layout provides a comfortable flow with a cozy living area, creating a warm and relaxing atmosphere. The kitchen and adjoining spaces. Step outside to a rear deck, perfect for enjoying morning coffee or entertaining guests while overlooking the yard. With its solid presence and inviting features, this home presents a great opportunity for buyers seeking to add their own vision and touches. Conveniently located near local amenities, this property is full of potential and ready for its next chapter.

Key facts

• Curb appeal
• Local amenities
• Rear deck

Tags

• CURB APPEAL
• REAR DECK
• LOCAL AMENITIES

Property features AI

Finance

• Other: Property accessed via public road; Approximately 0.23 acre lot; Subdivision: Central Park; Driving directions: Bessemer Road to 57th Street, house on right
• HOA & community: No association fee

Exterior

• Parking: Driveway parking
• Utilities: Public water; Connected sewer; Electric water heater; Ceiling fans; Internet service availability: unknown
• Home design: Four-sided brick construction; Slab foundation; Existing (previously built)
• Construction: 4-side brick exterior; Slab foundation
• Exterior features: Fenced yard; Open deck

Interior

• Kitchen: Pantry
• Bedrooms: Bedrooms located on main level
• Flooring: Carpet; Tile flooring
• Bathrooms: Two full bathrooms; Tub/shower combos
• Heating & cooling: Central heating; Central air
• Interior features: Bay window; Ceilings: Other (see remarks)
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on main level (laundry closet)

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $685 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Cap rate 22.8% 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-, 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: Central Park Elementary School (math 0% / reading 12%, grade F, #616 of 627 statewide, top 98%, 447 students, 83% FRL) — zoned schools at 83% FRL track the district average.
• Market conditions: Rents soft (-1.5%/yr); 87 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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).
• This rent runs 30% of the median local income ($51k/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 $345 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 + 0.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

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 $49,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 2.57% ✓
• Cap rate: 22.76%
• Cash-on-cash: 58.81%
• DSCR: 3.62
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $76,282
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3213 Lee Ave SW	0.33mi	3/2.0 (-1)	1,653 (-7%)	2mo	$60,000	$36	67
1563 Martin Ave	0.58mi	4/2.0	1,848 (+4%)	7mo	$69,000	$37	60
3108 SW Beulah Ave	0.57mi	3/1.0 (-1)	1,800 (+2%)	3mo	$38,000	$21	60
4716 Avenue	0.61mi	3/2.0 (-1)	1,810 (+2%)	9mo	$115,000	$64	56
1627 49th St	0.44mi	3/1.0 (-1)	1,863 (+5%)	9mo	$79,500	$43	54
4624 Court R	0.73mi	3/2.0 (-1)	1,887 (+6%)	1mo	$35,000	$19	50
1527 46th Street Ensley	0.63mi	3/1.0 (-1)	1,571 (-11%)	6mo	$35,000	$22	38
4917 Court M	0.58mi	3/1.0 (-1)	1,601 (-10%)	13mo	$83,000	$52	37
1825 49th St	0.62mi	3/1.0 (-1)	1,532 (-14%)	4mo	$51,000	$33	36
1128 50th St Ensley	0.64mi	3/1.0 (-1)	2,014 (+14%)	6mo	$106,000	$53	34
1420 47th St	0.65mi	3/2.0 (-1)	1,526 (-14%)	10mo	$68,000	$45	34
1424 47th St W	0.64mi	3/1.0 (-1)	1,550 (-13%)	10mo	$85,000	$55	32

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: 54.0%
• Equity multiple: 3.27×
• Total profit: $31,770
• Equity at exit: $7,440

10-year hold

• IRR: 58.0%
• Equity multiple: 5.96×
• Total profit: $69,312
• Equity at exit: $4,314

Cash invested: $13,972 (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 35228

• Home prices YoY: -3.5%
• Rents YoY: -1.5%
• Active inventory: 87
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,285 high
• Mortgage (P&I): −$262
• Tax from tax record: −$48 /mo · $572/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $685

Break-even live

Break-even rent $418

Max offer price $49,900

Occupancy floor 42%

Sensitivity live

Price	-10% $713	-5% $699	+0% $685	+5% $671	+10% $656
Rent	-10% $583	-5% $634	+0% $685	+5% $735	+10% $786
Rate	-1.0pp $710	-0.5pp $697	base $685	+0.5pp $672	+1.0pp $659

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5713 Avenue P Unit P Birmingham, AL	3.0	1.0	1300	$1,100	$0.85	20d	1	0.09mi
5808 Court O Birmingham, AL	3.0	1.5	1227	$1,100	$0.90	45d	1	0.20mi
1632 51st Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1337	$1,100	$0.82	45d	1	0.36mi
1632 51st St W Birmingham, AL	3.0	1.0	1337	$1,000	$0.75	3d	1	0.36mi
1341 Pineview Rd Birmingham, AL	4.0	2.0	1409	$1,300	$0.92	45d	1	0.42mi
709 30th St SW Birmingham, AL	3.0	1.0	1273	$1,000	$0.79	45d	1	0.42mi
1417 Bessemer Rd Birmingham, AL	3.0	1.0	1688	$1,200	$0.71	45d	1	0.42mi
3116 Steiner Ave SW Birmingham, AL	3.0	1.0	1362	$1,200	$0.88	45d	1	0.43mi
805 29th St SW Birmingham, AL	4.0	2.0	1510	$1,300	$0.86	11d	1	0.53mi
805 29th St SW Birmingham, AL	4.0	2.0	1510	$1,300	$0.86	4d	1	0.53mi
1563 Martin Ave Birmingham, AL	4.0	2.0	1848	$1,495	$0.81	2d	1	0.61mi
4817 Court R Birmingham, AL	3.0	2.0	1530	$1,300	$0.85	17d	1	0.66mi
1515 45th Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1440	$875	$0.61	4d	1	0.72mi
1345 46th Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1617	$1,175	$0.73	4d	1	0.73mi
1633 29th St SW Birmingham, AL	3.0	2.0	1658	$1,200	$0.72	45d	1	0.79mi
1509 44th Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.5	1260	$1,123	$0.89	13d	1	0.80mi
4825 Avenue S Birmingham, AL	3.0	1.0	1310	$1,050	$0.80	17d	1	0.80mi
4801 Avenue S Birmingham, AL	3.0	1.0	1310	$1,000	$0.76	45d	1	0.82mi
5521 Court I Birmingham, AL	3.0	2.0	1545	$1,100	$0.71	45d	1	0.82mi
1607 43rd Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1435	$1,150	$0.80	24d	1	0.83mi
2320 Wesley Ave SW Birmingham, AL	4.0	1.0	1865	$1,200	$0.64	11d	1	0.83mi
1436 44th Street Ensley Unit ENSLEY Birmingham, AL	4.0	2.0	1435	$1,495	$1.04	2d	1	0.84mi
1838 31st St SW Birmingham, AL	3.0	2.0	1400	$1,223	$0.87	17d	1	0.86mi
1037 47th Street Ensley Unit ENSLEY Birmingham, AL	3.0	2.0	1299	$1,000	$0.77	45d	1	0.86mi
4736 Court S Birmingham, AL	3.0	1.5	1300	$1,200	$0.92	4d	1	0.86mi
4732 Court S Birmingham, AL	3.0	1.0	1372	$1,100	$0.80	45d	1	0.87mi
5316 Court I Birmingham, AL	3.0	2.0	1284	$1,200	$0.93	45d	1	0.87mi
2304 Beulah Ave SW Birmingham, AL	3.0	1.0	1283	$1,025	$0.80	3d	1	0.88mi
2516 Powderly Ave SW Birmingham, AL	3.0	1.0	1236	$1,050	$0.85	45d	1	0.90mi
1617 42nd Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1413	$1,030	$0.73	17d	1	0.90mi
200 23rd St SW Birmingham, AL	5.0	1.0	1858	$1,400	$0.75	45d	1	0.91mi
5709 Court H Birmingham, AL	4.0	1.5	1455	$1,400	$0.96	2d	1	0.93mi
5300 Avenue I Birmingham, AL	4.0	2.0	1360	$1,500	$1.10	3d	1	0.93mi
4637 Court S Birmingham, AL	3.0	1.0	1225	$975	$0.80	3d	1	0.94mi
1526 42nd Street Ensley Unit ENSLEY Birmingham, AL	4.0	1.5	1600	$1,050	$0.66	45d	1	0.95mi
913 Daniel Cir Birmingham, AL	4.0	2.0	1317	$1,300	$0.99	45d	1	0.96mi
4105 Avenue Q Unit Q Birmingham, AL	3.0	3.0	1760	$1,250	$0.71	4d	1	0.97mi
2505 Brookhaven Ave SW Birmingham, AL	5.0	2.0	1886	$1,600	$0.85	45d	1	0.98mi
4612 Terrace S Birmingham, AL	3.0	1.0	1612	$1,050	$0.65	45d	1	1.00mi
4636 Avenue T Unit T Birmingham, AL	4.0	1.5	1842	$1,500	$0.81	2d	1	1.04mi

Listing history 9 events

1. 2026-06-15
   status $49,900 Pending 13 DOM
2. 2026-06-15
   days on market $49,900 Active 13 DOM
3. 2026-06-13
   days on market $49,900 Active 11 DOM
4. 2026-06-10
   days on market $49,900 Active 8 DOM
5. 2026-06-09
   days on market $49,900 Active 7 DOM
6. 2026-06-08
   days on market $49,900 Active 6 DOM
7. 2026-06-07
   days on market $49,900 Active 5 DOM
8. 2026-06-03
   remarks 642-char remark
9. 2026-06-03
   listed $49,900 Active 1 DOM

ⓘ 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: $572 · $48/mo
• Projected year-2 tax: $572 · $48/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 ≥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: $15,416
• − Mortgage interest: −$2,795
• − Property taxes: −$572
• − Insurance: −$250
• − Repairs & maintenance: −$1,233
• − Management: −$1,233
• − Depreciation: −$1,452
• Taxable income: $7,881
• Est. tax owed @ 24.0%: −$1,891
• After-tax cash flow: $6,325/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): 10,216
• Household income: $50,815
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 456.0

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 (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 5% Two or more races 5% White 5%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 5%

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: ▼ -4.84%
• Current HPI: 134.8633
• Rent YoY: ▼ -1.47%
• 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

-27.6% since first listed

3 events — show timeline

• 2026-05-31 Listed $49,900 Greater Alabama MLS
• 2014-11-12 Sold (Public Records) $75,632 Public Records
• 1995-11-01 Sold (Public Records) $68,900 Public Records

Property tax history

+0.3%/yr

Latest (2022): $572 · +0.0% YoY. Source: county tax records.