1710 Valley Ave Unit H · Homewood, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 6/10 · Moderate
- Hot days now (above 106°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +8.1/30.0
- Schools +5.6/10.0
- Livability +4.0/5.0
- Rent growth +3.3/5.0
- 1% rule +2.5/10.0
- Condition / age +2.5/5.0
- DSCR +2.2/10.0
- Appreciation +0.0/10.0
$164,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
Key facts
- Commute to downtown
- Near vulcan park
- Built 1944
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $165k.
Deal economics
- At list price, monthly cash flow is $-158 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $142k (13.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (24.7% below list).
- Recommended offer: $124k (24.7% below list) — sets the bar for 1% rule.
- Cap rate 5.1% vs local median 2.3% in Homewood — 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 80/100 on livability (#5 in AL, #1,730 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: cost of living F.
- Homewood City (suburban): math 55% / reading 74% proficiency, ranked #3 of 129 in AL (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising (+3.3%/yr); 99 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $1k of loan paydown is wiped out by about $5k 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 263 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 263 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
- Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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.
- 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.
- 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
- 0.75% ✗
- Cap rate
- 5.14%
- Cash-on-cash
- -4.11%
- DSCR
- 0.82
- GRM
- 11.1
CMA / ARV
- ARV (median comp)
- $200,240
- List price
- $164,999
- Delta
- -17.60%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1606 Woodfern Dr | 0.32mi | 3/1.0 (+1) | 1,100 (+7%) | 9mo | $435,000 | $395 | 61 |
| 1317 14th Ave S | 0.63mi | 2/1.0 | 1,048 (+2%) | 8mo | $192,450 | $184 | 60 |
| 1537 S 19th St | 0.57mi | 2/1.0 | 1,004 (-2%) | 12mo | $189,900 | $189 | 60 |
| 2020 20th Ave S | 0.57mi | 2/1.5 | 968 (-6%) | 9mo | $295,000 | $305 | 55 |
| 2929 Parkridge Dr | 0.59mi | 2/1.0 | 1,118 (+9%) | 6mo | $490,000 | $438 | 52 |
| 1319 17th St S | 0.63mi | 2/1.0 | 915 (-11%) | 11mo | $221,500 | $242 | 43 |
| 1631 Manhattan St | 0.67mi | 2/2.0 | 1,134 (+10%) | 20mo | $450,000 | $397 | 31 |
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 · 3.34% rent growth · sell at horizon
- IRR
- -22.8%
- Equity multiple
- 0.21×
- Total profit
- $-36,381
- Equity at exit
- $24,602
- IRR
- -16.4%
- Equity multiple
- 0.07×
- Total profit
- $-42,833
- Equity at exit
- $14,266
Cash invested: $46,200 (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
ZIP-level market 35209
- Rents YoY
- 3.3%
- Active inventory
- 99
- Price-to-rent
- 11.1×
Monthly cashflow live
- Estimated rent
- $1,243 high interval (Pro) →
- Mortgage (P&I)
- −$865
- Tax est. 1.5%
- −$206 /mo · $2,475/yr
- Insurance
- −$69
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$261
- Net cashflow
- $-158
Break-even live
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
- $41,250
- Closing costs
- $4,950
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1731 Valley Ave Unit G Homewood, AL | 1.0 | 1.0 | 810 | $800 | $0.99 | 16d | 1 | 0.06mi |
| 1717 Ashwood Ln Birmingham, AL | 2.0 | 2.5 | 1368 | $2,100 | $1.54 | 3d | 1 | 0.10mi |
| 1619 16th Ave S Unit 3 Birmingham, AL | 2.0 | 1.0 | 700 | $889 | $1.27 | 23d | 1 | 0.34mi |
| 1509 16th Ave S Birmingham, AL | 1.0–2.0 | 1.0 | 665 | $1,050 | $1.58 | 2d | 1 | 0.36mi |
| 1340 18th Ave S Apt C2 Birmingham, AL | 2.0 | 1.0 | 750 | $850 | $1.13 | 43d | 1 | 0.36mi |
| 1410 17th Ave S Unit 2 Birmingham, AL | 1.0 | 1.0 | 728 | $921 | $1.27 | 21d | 1 | 0.36mi |
| 1410 17th Ave S Birmingham, AL | 1.0 | 1.0 | 728 | $921 | $1.27 | 19d | 1 | 0.36mi |
| 1320 18th Ave S Unit C3 Birmingham, AL | 1.0 | 1.0 | 950 | $995 | $1.05 | 43d | 1 | 0.37mi |
| 1626 16th Ave S Unit 1 Birmingham, AL | 1.0 | 1.0 | 743 | $757 | $1.02 | 43d | 1 | 0.38mi |
| 1626 16th Ave S Unit 3 Birmingham, AL | 1.0 | 1.0 | 743 | $762 | $1.03 | 43d | 1 | 0.38mi |
| 1709 16th Ave S Apt 3 Birmingham, AL | 2.0 | 1.0 | 910 | $1,363 | $1.50 | 44d | 1 | 0.38mi |
| 1404 17th Ave S Unit 2 Birmingham, AL | 2.0 | 1.0 | 900 | $1,160 | $1.29 | 43d | 1 | 0.38mi |
| 1502 16th St S Unit ) Birmingham, AL | 2.0 | 1.0 | 875 | $995 | $1.14 | 43d | 1 | 0.38mi |
| 2524 18th Pl S Apt C Birmingham, AL | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 43d | 1 | 0.42mi |
| 1521 17th St S Apt 23 Birmingham, AL | 2.0 | 1.0 | 880 | $875 | $0.99 | 23d | 1 | 0.42mi |
| 1534 17th St S Birmingham, AL | 1.0–2.0 | 1.0 | 848 | $1,199 | $1.41 | 1d | 10 | 0.43mi |
| 2822 16th Pl S Birmingham, AL | 2.0 | 1.0 | 914 | $2,200 | $2.41 | 16d | 1 | 0.49mi |
| 1620 15th Ave S Birmingham, AL | 2.0 | 1.0 | 840 | $1,025 | $1.22 | 3d | 3 | 0.50mi |
| 1413 14th St S Unit 201 Birmingham, AL | 2.0 | 1.0 | 725 | $875 | $1.21 | 14d | 1 | 0.53mi |
| 1629 14th Ave S Birmingham, AL | 2.0 | 1.0 | 800 | $1,179 | $1.47 | 19d | 1 | 0.54mi |
| 1629 14th Ave S Unit 1629-J Birmingham, AL | 2.0 | 1.0 | 800 | $1,083 | $1.35 | 3d | 1 | 0.54mi |
| 1732 14th Ter S Birmingham, AL | 2.0 | 1.5 | 1120 | $1,345 | $1.20 | 23d | 1 | 0.54mi |
| 1322 15th Ave S Birmingham, AL | 2.0 | 1.0 | 582 | $1,297 | $2.23 | 3d | 4 | 0.55mi |
| 1322 15th Ave S Unit 1326-F Birmingham, AL | 2.0 | 1.0 | 756 | $1,134 | $1.50 | 16d | 1 | 0.55mi |
| 1322 15th Ave S Unit 1330-D Birmingham, AL | 2.0 | 1.0 | 756 | $1,128 | $1.49 | 21d | 1 | 0.55mi |
| 1322 15th Ave S Unit 1328-A Birmingham, AL | 2.0 | 1.0 | 756 | $1,135 | $1.50 | 16d | 1 | 0.55mi |
| 1434 18th St S Unit 9 Birmingham, AL | 1.0 | 1.0 | 770 | $800 | $1.04 | 23d | 1 | 0.55mi |
| 1434 18th St S Unit 11 Birmingham, AL | 2.0 | 1.0 | 872 | $900 | $1.03 | 23d | 1 | 0.55mi |
| 1409 14th St S Birmingham, AL | 2.0 | 1.0 | 940 | $1,257 | $1.34 | 14d | 1 | 0.55mi |
| 1407 14th St S Apt 3 Birmingham, AL | 2.0 | 2.0 | 805 | $1,263 | $1.57 | 21d | 1 | 0.56mi |
| 1407 14th St S Birmingham, AL | 2.0 | 2.0 | 805 | $1,352 | $1.68 | 3d | 1 | 0.56mi |
| 1644 12th St S Birmingham, AL | 1.0–2.0 | 1.0 | 674 | $1,222 | $1.81 | 2d | 2 | 0.56mi |
| 1640 12th St S Unit 1640-J Birmingham, AL | 2.0 | 1.0 | 760 | $1,070 | $1.41 | 21d | 1 | 0.56mi |
| 1600 14th Ave S Birmingham, AL | 2.0 | 1.0 | 900 | $1,172 | $1.30 | 14d | 1 | 0.56mi |
| 1600 14th Ave S Unit 8 Birmingham, AL | 2.0 | 1.0 | 900 | $1,106 | $1.23 | 21d | 1 | 0.57mi |
| 1417 13th Pl S Birmingham, AL | 2.0 | 2.0 | 1245 | $1,950 | $1.57 | 21d | 1 | 0.57mi |
| 1425 13th St S Unit A Birmingham, AL | 2.0 | 1.0 | 1368 | $1,450 | $1.06 | 43d | 1 | 0.57mi |
| 1429 18th St S Apt B Birmingham, AL | 1.0 | 1.0 | 830 | $1,052 | $1.27 | 3d | 1 | 0.57mi |
| 1429 18th St S Birmingham, AL | 1.0 | 1.0 | 830 | $1,068 | $1.29 | 43d | 1 | 0.57mi |
| 1327 16th St S Unit 3 Birmingham, AL | 2.0 | 1.0 | 921 | $1,143 | $1.24 | 3d | 1 | 0.58mi |
Listing history 22 events
-
2026-06-18days on market $164,999 Active 263 DOM
-
2026-06-17days on market $164,999 Active 262 DOM
-
2026-06-16days on market $164,999 Active 261 DOM
-
2026-06-15days on market $164,999 Active 260 DOM
-
2026-06-13days on market $164,999 Active 258 DOM
-
2026-06-10days on market $164,999 Active 255 DOM
-
2026-06-09days on market $164,999 Active 254 DOM
-
2026-06-08days on market $164,999 Active 253 DOM
-
2026-06-07days on market $164,999 Active 252 DOM
-
2026-06-03days on market $164,999 Active 248 DOM
-
2026-06-02days on market $164,999 Active 247 DOM
-
2026-06-01days on market $164,999 Active 246 DOM
-
2026-05-31days on market $164,999 Active 245 DOM
-
2026-05-05price $164,999 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2026-04-04price $170,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2026-03-15price $175,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2025-12-18price $180,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2025-12-05price $190,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2025-11-20price $199,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2025-10-29price $205,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2025-10-14price $210,000 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
-
2025-09-28$215,000 Active 932-char remark
Show marketing remark (932 chars)
Enjoy a sweet and easy commute to downtown from this conveniently located Homewood condo, just minutes from entertainment, restaurants, shopping, and the award-winning Homewood school system. This newly renovated property features a beautifully remodeled kitchen and bathroom. The kitchen is equipped with brand-new appliances, including a microwave, stove, and refrigerator. The upstairs has been upgraded from carpet to wood flooring, so the entire home now boasts hardwood floors. The main floor has a spacious living and dining area, perfect for both relaxing and entertaining. Located near the iconic Vulcan, this condo provides quick access to almost everything Birmingham has to offer and ust a 5–8 minute drive to UAB. HOA fee includes stud-outs, insurance, roof maintenance, landscaping, pest control, water, basic cable and internet, and valet trash pickup. sellers are licensed real estate agent in state of Alabama
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 6 d/yr ≥106°F today · 16 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 6 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,914
- − Mortgage interest
- −$9,243
- − Property taxes
- −$2,475
- − Insurance
- −$825
- − Repairs & maintenance
- −$1,193
- − Management
- −$1,193
- − Depreciation
- −$4,800
- Taxable loss
- −$4,814
- Est. tax savings @ 24.0%
- +$1,155
- After-tax cash flow
- $-745/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
- Homewood City
- NCES district ID
- 0101760
- Math proficiency
- 55% ▼ -20.00%
- Reading proficiency
- 74% ▲ 6.00%
- Median HH income
- $63,366
- Composite
- 56.01/100
- National rank
- #1189
- State rank
- #3 of 129 in AL
Livability — Homewood
- Score
- 80/100
- State rank
- #5
- US rank
- #1730
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Homewood, AL
- County
- Jefferson County · 527,445 people
- City population
- 32,734
- Metro
- Birmingham-Hoover, AL
- Population (ZIP)
- 32,734
- Household income
- $71,439
- Rent vs Own
- Severe rent burden
- 1879.0
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
- Majority White (64%)
- Race & ethnicity
- White 64% Black 23% Hispanic / Latino 7% Two or more races 4% Asian 3%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Italian 2% Slovak 2% Serbian 1%
- Foreign-born
- 7% · Canada
- Languages at home
- 91% English-only · Spanish 5% Other Indo-European 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
- ▼ -472.07%
- Current HPI
- 312.2185
- Rent YoY
- ▲ 3.34%
- 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 |
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| Healthcare | 1 | $5B |
|
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Price history
-23.3% since first listed9 events — show timeline
- 2026-05-05 Price Changed $164,999 Greater Alabama MLS
- 2026-04-04 Price Changed $170,000 Greater Alabama MLS
- 2026-03-15 Price Changed $175,000 Greater Alabama MLS
- 2025-12-18 Price Changed $180,000 Greater Alabama MLS
- 2025-12-05 Price Changed $190,000 Greater Alabama MLS
- 2025-11-20 Price Changed $199,000 Greater Alabama MLS
- 2025-10-29 Price Changed $205,000 Greater Alabama MLS
- 2025-10-14 Price Changed $210,000 Greater Alabama MLS
- 2025-09-28 Listed $215,000 Greater Alabama MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…