1436 Princeton Ave N · Tarrant, AL 35217

$93,600

3 bd · 1.0 ba · 1,172 sqft · SingleFamily public records · 329 Days on market

Built 1958 6,969 sqft lot $80/sqft · 47% above area Est $64k · 47% over

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Why this score? — see what drove the C- 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 +26.8/30.0
• DSCR +9.2/10.0
• 1% rule +7.0/10.0
• Rent growth +3.4/5.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor opportunity! This 3-bedroom, 1-bath home is currently tenant-occupied and located in an area with strong rental demand. The property has been maintained and offers potential for long-term value. Please do not disturb tenants. Showings available with accepted offer.

Key facts

• 6,969 sq ft lot
• Built 1958
• Listed 329 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $256 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $94k).
• Recommended offer: $82k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 51/100 on livability (#507 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, amenities F.
• Tarrant City (suburban): math 4% / reading 17% proficiency, ranked #121 of 129 in AL (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 89% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.6%/yr); 94 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); 58% 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 33% of the median local income ($40k/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 $647 of loan paydown is wiped out by about $3k 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 + 3.6% rent growth), your $26k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 329 days — a 12% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,368 (12.0% below list)

Questions for the listing agent

1. It's been on market 329 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 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.20% ✓
• Cap rate: 9.57%
• Cash-on-cash: 11.70%
• DSCR: 1.52
• GRM: 6.9

CMA / ARV

• ARV (median comp): $63,818
• List price: $93,600
• Delta: 46.67%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4338 49th Ct	0.29mi	3/1.0	1,205 (+3%)	10mo	$87,500	$73	73
1704 Hatchet Ave	0.34mi	2/1.5 (-1)	1,152 (-2%)	3mo	$65,000	$56	72
1901 Hoke Ave	0.48mi	3/1.0	1,109 (-5%)	1mo	$56,000	$50	68
1045 Waverly St	0.09mi	3/1.0	1,014 (-14%)	9mo	$65,000	$64	66
4208 50th Ave N	0.44mi	3/1.0	1,104 (-6%)	7mo	$67,500	$61	64
4421 43rd St N	0.62mi	3/1.0	1,200 (+2%)	4mo	$42,000	$35	63
1104 Linthicum St	0.22mi	3/1.0	1,340 (+14%)	7mo	$56,000	$42	60
1719 Mountain Dr	0.43mi	3/1.0	1,286 (+10%)	8mo	$68,000	$53	57
1812 Damon Cir	0.61mi	3/1.0	1,056 (-10%)	1mo	$60,000	$57	54
1021 Green St	0.27mi	2/1.0 (-1)	1,015 (-13%)	11mo	$75,000	$74	51
2033 E Lake Blvd	0.72mi	3/2.0	1,109 (-5%)	7mo	$124,538	$112	48
1269 Elm Ave	0.51mi	4/1.0 (+1)	1,308 (+12%)	10mo	$125,000	$96	44

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 · 3.58% rent growth · sell at horizon

5-year hold

• IRR: 1.8%
• Equity multiple: 1.07×
• Total profit: $1,779
• Equity at exit: $13,956

10-year hold

• IRR: 11.9%
• Equity multiple: 1.97×
• Total profit: $25,294
• Equity at exit: $8,093

Cash invested: $26,208 (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 35217

• Rents YoY: 3.6%
• Active inventory: 94
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,128 high
• Mortgage (P&I): −$491
• Tax from tax record: −$106 /mo · $1,267/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $256

Break-even live

Break-even rent $804

Max offer price $93,600

Occupancy floor 72%

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: $23,400
• Closing costs: $2,808
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1045 Waverly St Birmingham, AL	3.0	1.0	1014	$1,000	$0.99	43d	1	0.10mi
1076 Green St Birmingham, AL	3.0	1.0	1172	$1,050	$0.90	16d	1	0.14mi
4925 43rd Way N Birmingham, AL	3.0	2.0	1232	$1,461	$1.19	1d	1	0.27mi
5025 43rd Pl N Birmingham, AL	4.0	2.0	1017	$1,300	$1.28	43d	1	0.28mi
1249 Waverly St Birmingham, AL	3.0	1.0	1260	$1,000	$0.79	43d	1	0.29mi
1439 Sloan Ave Birmingham, AL	3.0	1.0	936	$900	$0.96	43d	1	0.32mi
5015 42nd Pl N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	43d	1	0.40mi
1401 Wharton Ave Birmingham, AL	2.0	1.0	1104	$950	$0.86	19d	1	0.42mi
1731 Mountain Dr Birmingham, AL	3.0	1.0	1160	$975	$0.84	43d	1	0.44mi
4208 50th Ave N Birmingham, AL	3.0	1.0	1104	$1,200	$1.09	43d	1	0.45mi
1237 Elm Ave Birmingham, AL	2.0	1.5	1312	$1,150	$0.88	43d	1	0.47mi
1415 Virginia St Birmingham, AL	2.0	1.0	781	$650	$0.83	43d	1	0.47mi
1224 Maple St Birmingham, AL	2.0	1.0	812	$690	$0.85	19d	1	0.54mi
1137 Sloan Ave Birmingham, AL	2.0	1.0	750	$750	$1.00	14d	1	0.59mi
4101 50th Ave N Unit B Birmingham, AL	2.0	1.0	850	$900	$1.06	43d	1	0.60mi
1816 Damon Cir Birmingham, AL	3.0	1.0	1401	$1,153	$0.82	16d	1	0.63mi
1043 Jackson Blvd Birmingham, AL	4.0	2.0	1300	$1,095	$0.84	14d	1	0.64mi
1113 Elm Ave Unit c Birmingham, AL	2.0	1.0	800	$749	$0.94	43d	1	0.66mi
1120 Hall St Birmingham, AL	2.0	1.0	887	$775	$0.87	43d	1	0.67mi
4400 43rd St N Birmingham, AL	3.0	1.0	1152	$850	$0.74	14d	1	0.68mi
4400 43rd St N Birmingham, AL	3.0	1.0	1152	$850	$0.74	43d	1	0.68mi
1116 Hall St Birmingham, AL	2.0	1.0	887	$775	$0.87	43d	1	0.68mi
1508 Saint Joseph St Birmingham, AL	3.0	1.0	1200	$995	$0.83	14d	1	0.73mi
4549 40th Pl N Birmingham, AL	2.0	1.0	728	$850	$1.17	43d	1	0.74mi
4217 43rd Ave N Birmingham, AL	3.0	1.0	1140	$1,200	$1.05	3d	1	0.79mi
4329 Harmon St Birmingham, AL	3.0	1.0	1227	$950	$0.77	43d	1	0.80mi
4329 Harmon St Birmingham, AL	3.0	1.0	1227	$950	$0.77	3d	1	0.80mi
732 Fulton Ave Birmingham, AL	4.0	2.0	1320	$1,450	$1.10	43d	1	0.82mi
4317 41st Ave N Birmingham, AL	3.0	1.0	864	$1,000	$1.16	43d	1	0.83mi
4329 Pulaski St Birmingham, AL	3.0	2.0	1240	$1,353	$1.09	23d	1	0.86mi
4344 Pulaski St Birmingham, AL	3.0	1.0	1268	$1,050	$0.83	43d	1	0.90mi
4220 40th Ct N Birmingham, AL	3.0	1.0	948	$1,200	$1.27	43d	1	0.90mi
4301 Greenwood St Birmingham, AL	3.0	1.0	1140	$1,025	$0.90	3d	1	0.90mi
1316 Spring St Birmingham, AL	2.0	1.0	920	$1,195	$1.30	3d	1	0.91mi
4231 40th Ave N Birmingham, AL	3.0	1.0	1272	$850	$0.67	19d	1	0.97mi
4244 Jackson St Birmingham, AL	3.0	1.0	858	$1,100	$1.28	43d	1	0.99mi
4236 39th Ave N Birmingham, AL	3.0	2.0	1000	$1,195	$1.20	23d	1	1.01mi
4028 40th Ave N Birmingham, AL	3.0	1.0	1186	$950	$0.80	43d	1	1.05mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	43d	1	1.07mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	23d	1	1.07mi

Listing history 21 events

1. 2026-06-18
   days on market $93,600 Active 329 DOM
2. 2026-06-17
   days on market $93,600 Active 328 DOM
3. 2026-06-16
   days on market $93,600 Active 327 DOM
4. 2026-06-15
   days on market $93,600 Active 326 DOM
5. 2026-06-13
   days on market $93,600 Active 324 DOM
6. 2026-06-10
   days on market $93,600 Active 321 DOM
7. 2026-06-09
   days on market $93,600 Active 320 DOM
8. 2026-06-08
   days on market $93,600 Active 319 DOM
9. 2026-06-07
   days on market $93,600 Active 318 DOM
10. 2026-06-05
    days on market $93,600 Active 315 DOM
11. 2026-06-03
    days on market $93,600 Active 314 DOM
12. 2026-06-02
    days on market $93,600 Active 313 DOM
13. 2026-06-01
    days on market $93,600 Active 312 DOM
14. 2026-05-31
    days on market $93,600 Active 311 DOM
15. 2025-09-26
    price $93,600 274-char remark

    Show marketing remark (274 chars)

    Investor opportunity! This 3-bedroom, 1-bath home is currently tenant-occupied and located in an area with strong rental demand. The property has been maintained and offers potential for long-term value. Please do not disturb tenants. Showings available with accepted offer.

16. 2025-07-24
    listed $94,600 Active 274-char remark

    Show marketing remark (274 chars)

    Investor opportunity! This 3-bedroom, 1-bath home is currently tenant-occupied and located in an area with strong rental demand. The property has been maintained and offers potential for long-term value. Please do not disturb tenants. Showings available with accepted offer.

17. 2022-07-28
    soldstatus $465,000
18. 2022-07-28
    soldstatus $679,000
19. 2014-09-25
    soldstatus $12,900 55-char remark

    Show marketing remark (55 chars)

    Great investment property. A lot of house for the money

20. 2014-09-05
    listed $14,900 55-char remark

    Show marketing remark (55 chars)

    Great investment property. A lot of house for the money

21. 1990-04-12
    soldstatus $42,000

ⓘ 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: $1,267 · $106/mo
• Projected year-2 tax: $1,267 · $106/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,533
• − Mortgage interest: −$5,243
• − Property taxes: −$1,267
• − Insurance: −$468
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − Depreciation: −$2,723
• Taxable income: $1,667
• Est. tax owed @ 24.0%: −$400
• After-tax cash flow: $2,666/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: Tarrant City
• NCES district ID: 0103270
• Math proficiency: 4% ▼ -14.00%
• Reading proficiency: 17% ▼ -2.00%
• Median HH income: $29,256
• Composite: 8.0/100
• National rank: #9924
• State rank: #121 of 129 in AL

Livability — Tarrant

• Score: 51/100
• State rank: #507
• US rank: #25136

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tarrant, AL
• County: Jefferson County · 527,445 people
• City population: 12,240
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 12,240
• Household income: $40,486
• Rent vs Own: 52.5% rent · 47.5% own
• Severe rent burden: 594.0

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 0.58)
• Race & ethnicity: Black 57% White 27% Hispanic / Latino 14% Two or more races 6%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 1%
• Foreign-born: 7% · Canada, Guatemala
• Languages at home: 86% English-only · Spanish 13%

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: ▼ -74.54%
• Current HPI: 117.416
• Rent YoY: ▲ 3.58%
• 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

+122.9% since first listed

7 events — show timeline

• 2025-09-26 Price Changed $93,600 Greater Alabama MLS
• 2025-07-24 Listed $94,600 Greater Alabama MLS
• 2022-07-28 Sold (Public Records) $679,000 Public Records
• 2022-07-28 Sold (Public Records) $465,000 Public Records
• 2014-09-25 Sold (MLS) $12,900 Greater Alabama MLS
• 2014-09-05 Listed $14,900 Greater Alabama MLS
• 1990-04-12 Sold (Public Records) $42,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $1,267 · +0.0% YoY. Source: county tax records.