112 Cedar Ln · Hueytown, AL 35023

$129,000

3 bd · 1.5 ba · 1,739 sqft · SingleFamily public records · 49 Days on market

Built 1958 0.45 ac lot $74/sqft · 37% below area Est $144k · 10% 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 +25.0/30.0
• ARV discount +12.1/15.0
• DSCR +8.2/10.0
• 1% rule +5.4/10.0
• Appreciation +4.7/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

* MOTIVATED SELLER * This cozy home is full of charm! Sitting on a great lot with a large, flat backyard, it’s perfect for kids, pets, or weekend get-togethers. You’ll love being within walking distance to the Hueytown Pool and just minutes from shopping and schools—talk about convenience! Downstairs, the spacious basement gives you tons of potential, with HVAC vents already in place to easily add another finished room and expand your living space. And don’t miss the covered back patio—the perfect spot to relax, grill, or enjoy a quiet evening in the shade. With just a little TLC, this home has incredible potential to truly shine and become something special.

Key facts

• 0.45 acre lot
• Garage
• Built 1958

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $282 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $129k).
• Recommended offer: $125k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, crime F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+1.6%/yr); 250 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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

• In year one you build about $118 of equity ($892 loan paydown + $-774 appreciation (-0.6% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.6% appreciation + 1.6% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $78k; list at $129k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• 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 $125,130 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.04% ✓
• Cap rate: 8.92%
• Cash-on-cash: 9.38%
• DSCR: 1.42
• GRM: 8.0

CMA / ARV

• ARV (median comp): $143,744
• List price: $129,000
• Delta: -10.26%
• 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
186 Forest Rd	0.38mi	3/2.0	1,686 (-3%)	4mo	$199,986	$119	72
130 Huey Ln	0.30mi	4/2.0 (+1)	1,823 (+5%)	6mo	$140,000	$77	66
314 Wickstead Rd	0.50mi	3/2.0	1,788 (+3%)	7mo	$150,000	$84	64
120 Huey Ln	0.27mi	3/2.0	1,523 (-12%)	9mo	$232,500	$153	57
216 Holly St	0.53mi	4/2.0 (+1)	1,846 (+6%)	3mo	$190,000	$103	55
751 Cambridge Rd	0.73mi	3/2.0	1,644 (-6%)	1mo	$209,000	$127	54
138 Baker Ave	0.58mi	3/2.0	1,560 (-10%)	2mo	$165,000	$106	53
4738 Monica Dr	0.50mi	4/2.0 (+1)	1,876 (+8%)	8mo	$240,000	$128	50
112 E Jones Ct	0.57mi	3/2.0	1,588 (-9%)	9mo	$162,250	$102	50
110 Dabbs Ave	0.56mi	3/1.5	1,505 (-14%)	5mo	$160,000	$106	48
202 Mabelon Ct	0.74mi	3/1.0	1,593 (-8%)	8mo	$157,000	$99	43
102 E Crest Rd	0.51mi	4/2.0 (+1)	1,998 (+15%)	10mo	$200,000	$100	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: 5.3%
• Equity multiple: 1.24×
• Total profit: $8,700
• Equity at exit: $33,634

10-year hold

• IRR: 10.2%
• Equity multiple: 2.00×
• Total profit: $36,071
• Equity at exit: $37,492

Cash invested: $36,120 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 250
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,338 high
• Mortgage (P&I): −$676
• Tax from tax record: −$45 /mo · $538/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $282

Break-even live

Break-even rent $981

Max offer price $129,000

Occupancy floor 74%

Sensitivity live

Price	-10% $355	-5% $319	+0% $282	+5% $246	+10% $209
Rent	-10% $177	-5% $229	+0% $282	+5% $335	+10% $388
Rate	-1.0pp $347	-0.5pp $315	base $282	+0.5pp $249	+1.0pp $215

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 Lindberg Rd Bessemer, AL	3.0	2.0	1554	$1,385	$0.89	22d	1	0.11mi
123 Westbrook Rd Bessemer, AL	3.0	2.0	1427	$1,275	$0.89	45d	1	0.20mi
109 Oak Ave Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	3d	1	0.29mi
102 Wheeler Dr Bessemer, AL	3.0	1.5	1200	$1,175	$0.98	44d	1	0.58mi
119 Wheeler Dr Bessemer, AL	3.0	2.0	1215	$1,300	$1.07	12d	1	0.59mi
406 Forest Rd Bessemer, AL	3.0	2.0	1200	$1,175	$0.98	15d	1	0.73mi
425 Oakwood Ave Bessemer, AL	2.0–3.0	2.0	1082	$800	$0.74	2d	2	0.80mi
105 Louis Ave Bessemer, AL	2.0	1.0	1073	$1,100	$1.03	44d	1	0.93mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	12d	1	0.96mi
208 Kentwood Ave Bessemer, AL	3.0	1.0	1177	$1,075	$0.91	44d	1	1.03mi
3269 Allison Bonnett Memorial Dr Bessemer, AL	3.0	2.0	1306	$1,435	$1.10	15d	1	1.03mi
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	16d	1	1.13mi
216 Meadowood Ave Bessemer, AL	3.0	1.0	1430	$1,250	$0.87	3d	1	1.18mi
315 Pope Dr Bessemer, AL	3.0	2.0	1292	$1,225	$0.95	20d	1	1.44mi

Listing history 24 events

1. 2026-06-18
   days on market $129,000 Active 49 DOM
2. 2026-06-17
   days on market $129,000 Active 48 DOM
3. 2026-06-16
   days on market $129,000 Active 47 DOM
4. 2026-06-15
   days on market $129,000 Active 46 DOM
5. 2026-06-13
   days on market $129,000 Active 44 DOM
6. 2026-06-10
   days on market $129,000 Active 41 DOM
7. 2026-06-09
   days on market $129,000 Active 40 DOM
8. 2026-06-08
   days on market $129,000 Active 39 DOM
9. 2026-06-07
   days on market $129,000 Active 38 DOM
10. 2026-06-03
    days on market $129,000 Active 34 DOM
11. 2026-06-02
    days on market $129,000 Active 33 DOM
12. 2026-06-01
    days on market $129,000 Active 32 DOM
13. 2026-05-31
    days on market $129,000 Active 31 DOM
14. 2026-05-15
    price $135,000 698-char remark

    Show marketing remark (698 chars)

    * MOTIVATED SELLER * This cozy home is full of charm! Sitting on a great lot with a large, flat backyard, it’s perfect for kids, pets, or weekend get-togethers. You’ll love being within walking distance to the Hueytown Pool and just minutes from shopping and schools—talk about convenience! Downstairs, the spacious basement gives you tons of potential, with HVAC vents already in place to easily add another finished room and expand your living space. And don’t miss the covered back patio—the perfect spot to relax, grill, or enjoy a quiet evening in the shade. With just a little TLC, this home has incredible potential to truly shine and become something special.

15. 2026-05-01
    price $145,000 698-char remark

    Show marketing remark (698 chars)

    * MOTIVATED SELLER * This cozy home is full of charm! Sitting on a great lot with a large, flat backyard, it’s perfect for kids, pets, or weekend get-togethers. You’ll love being within walking distance to the Hueytown Pool and just minutes from shopping and schools—talk about convenience! Downstairs, the spacious basement gives you tons of potential, with HVAC vents already in place to easily add another finished room and expand your living space. And don’t miss the covered back patio—the perfect spot to relax, grill, or enjoy a quiet evening in the shade. With just a little TLC, this home has incredible potential to truly shine and become something special.

16. 2026-04-30
    listed $160,000 Active 698-char remark

    Show marketing remark (698 chars)

    * MOTIVATED SELLER * This cozy home is full of charm! Sitting on a great lot with a large, flat backyard, it’s perfect for kids, pets, or weekend get-togethers. You’ll love being within walking distance to the Hueytown Pool and just minutes from shopping and schools—talk about convenience! Downstairs, the spacious basement gives you tons of potential, with HVAC vents already in place to easily add another finished room and expand your living space. And don’t miss the covered back patio—the perfect spot to relax, grill, or enjoy a quiet evening in the shade. With just a little TLC, this home has incredible potential to truly shine and become something special.

17. 2026-04-21
    historical $160,000 698-char remark

    Show marketing remark (698 chars)

    * MOTIVATED SELLER * This cozy home is full of charm! Sitting on a great lot with a large, flat backyard, it’s perfect for kids, pets, or weekend get-togethers. You’ll love being within walking distance to the Hueytown Pool and just minutes from shopping and schools—talk about convenience! Downstairs, the spacious basement gives you tons of potential, with HVAC vents already in place to easily add another finished room and expand your living space. And don’t miss the covered back patio—the perfect spot to relax, grill, or enjoy a quiet evening in the shade. With just a little TLC, this home has incredible potential to truly shine and become something special.

18. 2025-02-19
    price $145,000
19. 2025-02-04
    price $155,000
20. 2025-01-23
    price $160,000
21. 2025-01-09
    price $165,000
22. 2025-01-05
    price $180,000
23. 2002-01-28
    soldstatus $78,000
24. 1986-11-26
    soldstatus $21,500

ⓘ 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: $538 · $45/mo
• Projected year-2 tax: $538 · $45/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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,062
• − Mortgage interest: −$7,226
• − Property taxes: −$538
• − Insurance: −$645
• − Repairs & maintenance: −$1,285
• − Management: −$1,285
• − Depreciation: −$3,753
• Taxable income: $1,330
• Est. tax owed @ 24.0%: −$319
• After-tax cash flow: $3,068/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% 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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

+527.9% since first listed

11 events — show timeline

• 2026-05-15 Price Changed $135,000 Greater Alabama MLS
• 2026-05-01 Price Changed $145,000 Greater Alabama MLS
• 2026-04-30 Listed $160,000 Greater Alabama MLS
• 2026-04-21 Coming Soon $160,000 Greater Alabama MLS
• 2025-02-19 Price Changed $145,000 Greater Alabama MLS
• 2025-02-04 Price Changed $155,000 Greater Alabama MLS
• 2025-01-23 Price Changed $160,000 Greater Alabama MLS
• 2025-01-09 Price Changed $165,000 Greater Alabama MLS
• 2025-01-05 Price Changed $180,000 Greater Alabama MLS
• 2002-01-28 Sold (Public Records) $78,000 Public Records
• 1986-11-26 Sold (Public Records) $21,500 Public Records

Property tax history

+2.5%/yr

Latest (2021): $538 · -11.6% YoY. Source: county tax records.