3109 7th Ave N · Pell City, AL 35125

$60,000

2 bd · 1.0 ba · 1,584 sqft · SingleFamily public records · 11 Days on market

Built 1950 0.30 ac lot ↓ 39% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor/Fixer Upper Special. This home sits on a double lot on a quiet street and has an inground pool in the fenced backyard. Come in and bring this home back to life or start fresh on a fabulous lot! Convenient to town but quiet and secluded feeling- best of both worlds! Gorgeous trees and beautiful yard.

Key facts

• Quiet street
• Double lot
• Inground pool

Tags

• DOUBLE LOT
• INGROUND POOL
• FENCED BACKYARD
• QUIET STREET
• GORGEOUS TREES
• BEAUTIFUL YARD

Property features AI

Exterior

• Parking: Driveway parking; 2-car carport
• Utilities: Public water; Connected sewer; Electric water heater; Internet service available
• Home design: Single-family property (existing); Tri-level: main and upper levels (main living plus upper loft area); Crawl space foundation
• Construction: Siding (other)
• Exterior features: Fenced yard; Open patio; Personal in-ground pool with perimeter fencing

Interior

• Kitchen: Laminate countertops; Electric cooktop; Refrigerator
• Bedrooms: Master bedroom on main level; Additional bedroom on upper level
• Flooring: Carpet; Hardwood; Vinyl
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Gas heating and space heaters; Window air conditioning units
• Interior features: Smooth ceilings; Loft; Handyman special
• Laundry & utility: Laundry on main level; Washer hookup; Electric dryer hookup; Walk-in attic

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $629 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Cap rate 18.9% vs local median 2.4% in Pell City — 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 69/100 on livability (#50 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D+, amenities F.
• Pell City (town): math 17% / reading 44% proficiency, ranked #67 of 129 in AL (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Iola Roberts Elementary School (math 17% / reading 47%, grade F, #331 of 627 statewide, top 57%, 388 students, 78% FRL); Pell City High School (math 17% / reading 21%, grade F, #181 of 305 statewide, top 60%, 1,171 students, 55% FRL) — zoned schools average 67% FRL vs 47% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 63 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 557 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $415 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• St. Clair County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $60,000

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 2.11% ✓
• Cap rate: 18.88%
• Cash-on-cash: 44.96%
• DSCR: 3.00
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $185,328
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3109 7th Ave N	0.00mi	2/1.0	1,584 (0%)	0mo	$60,000	$38	100
2809 5th Ave N	0.28mi	3/1.0 (+1)	1,536 (-3%)	2mo	$53,000	$35	75
504 N 26th St	0.39mi	3/2.0 (+1)	1,501 (-5%)	1mo	$149,900	$100	64
705 28th St N	0.22mi	3/1.0 (+1)	1,350 (-15%)	2mo	$158,000	$117	59
407 26th St N	0.46mi	2/2.0	1,568 (-1%)	23mo	$150,000	$96	54
200 Ashley Dr	0.40mi	3/1.0 (+1)	1,450 (-8%)	11mo	$160,000	$110	53
2623 11th Ave	0.41mi	3/2.0 (+1)	1,757 (+11%)	10mo	$270,000	$154	45
1113 29th St N	0.36mi	3/2.0 (+1)	1,400 (-12%)	12mo	$268,000	$191	45
1102 28th St N	0.37mi	3/2.0 (+1)	1,476 (-7%)	23mo	$231,900	$157	44
705 28th St N	0.22mi	3/1.0 (+1)	1,350 (-15%)	21mo	$133,000	$99	43
1112 25th St N	0.53mi	3/2.0 (+1)	1,454 (-8%)	16mo	$220,000	$151	39
1115 25th St N	0.54mi	3/2.0 (+1)	1,385 (-13%)	7mo	$186,000	$134	39

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: 42.0%
• Equity multiple: 2.81×
• Total profit: $30,356
• Equity at exit: $8,946

10-year hold

• IRR: 48.2%
• Equity multiple: 5.64×
• Total profit: $78,017
• Equity at exit: $5,188

Cash invested: $16,800 (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 35125

• Home prices YoY: -22.0%
• Active inventory: 63
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,265 high
• Mortgage (P&I): −$315
• Tax from tax record: −$30 /mo · $361/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $629

Break-even live

Break-even rent $468

Max offer price $60,000

Occupancy floor 45%

Sensitivity live

Price	-10% $663	-5% $646	+0% $629	+5% $612	+10% $595
Rent	-10% $529	-5% $579	+0% $629	+5% $679	+10% $729
Rate	-1.0pp $660	-0.5pp $645	base $629	+0.5pp $614	+1.0pp $598

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
713 21st St N Unit A Pell City, AL	2.0	2.0	1200	$985	$0.82	3d	1	0.65mi
1103 23rd St N Pell City, AL	1.0–3.0	1.0–3.0	990	$1,310	$1.32	2d	11	0.72mi
1919 2nd Ave N Pell City, AL	2.0	1.5	1400	$1,350	$0.96	12d	1	0.86mi
1917 2nd Ave N Pell City, AL	2.0	1.5	1400	$1,350	$0.96	12d	1	0.86mi
2000 3rd Ave S Pell City, AL	2.0	1.0	1158	$1,190	$1.03	24d	1	0.99mi
570 Woodland Crest Rd Pell City, AL	3.0	2.0	1200	$1,566	$1.30	19d	1	1.36mi

Listing history 4 events

1. 2026-05-11
   status Pending
2. 2026-04-29
   listed $60,000 Active
3. 2018-04-18
   soldstatus $100,500
4. 2012-08-17
   soldstatus $98,500

ⓘ 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: $361 · $30/mo
• Projected year-2 tax: $361 · $30/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,176
• − Mortgage interest: −$3,361
• − Property taxes: −$361
• − Insurance: −$300
• − Repairs & maintenance: −$1,214
• − Management: −$1,214
• − Depreciation: −$1,745
• Taxable income: $6,981
• Est. tax owed @ 24.0%: −$1,675
• After-tax cash flow: $5,877/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: Pell City
• NCES district ID: 0102650
• Math proficiency: 17% ▼ -30.00%
• Reading proficiency: 44% ▼ -4.00%
• Median HH income: $45,051
• Composite: 26.04/100
• National rank: #7303
• State rank: #67 of 129 in AL

Livability — Pell City

• Score: 69/100
• State rank: #50
• US rank: #8246

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pell City, AL
• City population: 10,546
• Population (ZIP): 10,969

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 94,158 people
• By 2030: 97,008 · +3.0%
• By 2040: 101,615 · +7.9%
• By 2050: 104,537 · +11.0%
• By 2075: 109,350 · +16.1%
• By 2100: 106,785 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 9% Two or more races 5% Hispanic / Latino 3% Pacific Islander 1% Asian 1%
• Common ancestry: Serbian 1% Italian 1% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+64.1) · D 17.6% · R 81.7%
• 2008→2024 swing: -0.9pp no change · 2008: -63.2pp · 2024: -64.1pp
• All cycles: 2024: R+64.1 2020: R+64.0 2016: R+68.6 2012: R+66.1 2008: R+63.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.53%
• Current HPI: 182.9461
• Rent YoY: —
• Metro: —
• 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

-39.1% since first listed

4 events — show timeline

• 2026-05-11 Pending — Greater Alabama MLS
• 2026-04-29 Listed $60,000 Greater Alabama MLS
• 2018-04-18 Sold (Public Records) $100,500 Public Records
• 2012-08-17 Sold (Public Records) $98,500 Public Records

Property tax history

+0.5%/yr

Latest (2018): $361 · +0.2% YoY. Source: county tax records.