578 Nail Rd · Kimberly, AL 35091

$199,900

3 bd · 1.0 ba · 1,244 sqft · SingleFamily public records · 26 Days on market

Built 1945 0.44 ac lot Est $205k · at est.

---

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 +19.3/30.0
• Appreciation +10.0/10.0
• ARV discount +8.7/15.0
• DSCR +6.1/10.0
• 1% rule +4.4/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

Key facts

• Durable metal roof
• Detached carport
• Spacious kitchen

Tags

• SPACIOUS KITCHEN
• AMPLE CABINET SPACE
• HARDWOOD LAMINATE FLOORING
• COVERED FRONT AND BACK PORCHES
• DURABLE METAL ROOF
• DETACHED CARPORT

Property features AI

Finance

• Other: Property sits on approximately 0.44 acre; Located in the Metes & Bounds subdivision designation

Exterior

• Parking: Attached parking; One carport space
• Utilities: Public water; Septic system; Electric water heater; Internet availability unknown
• Home design: Single-family style (existing structure); Not a tri-level, split-level, or split-foyer
• Construction: Vinyl siding exterior; Crawl space foundation
• Exterior features: Screened porch; Storage building; Decks present (covered and open)

Interior

• Kitchen: Laminate countertops; Electric oven and electric stove
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level (total bedrooms include master plus two other bedrooms)
• Flooring: Hardwood laminate flooring
• Bathrooms: One full bathroom with tub/shower combo; Master bath on main level
• Heating & cooling: Heat pump for heating and cooling
• Interior features: Smooth ceilings; Living area reported as 2,488 total (main + upper); Upper and main levels each listed as 1,244; No interior-specific built-ins or extras reported
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on main level in a closet

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $220 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (5.7% below list).
• Recommended offer: $189k (5.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#99 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety 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.
• Zoned schools: Bryant Park Elementary (math 13% / reading 38%, grade F, #411 of 627 statewide, top 66%, 708 students, 62% FRL); Mortimer Jordan High School (math 23% / reading 27%, grade F, #114 of 305 statewide, top 38%, 861 students, 45% FRL).
• Market conditions: 129 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% 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 (10.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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.
• Current owner paid $105k; list at $200k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $188,600 (5.7% below list)

Questions for the listing agent

1. Built in 1945 — 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: 0.94% ✗
• Cap rate: 7.61%
• Cash-on-cash: 4.72%
• DSCR: 1.21
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $205,260
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
511 Bowman Dr	0.61mi	3/1.5	1,105 (-11%)	13mo	$147,900	$134	40
582 Crane St	0.68mi	3/2.0	1,420 (+14%)	2mo	$234,900	$165	39

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.7%
• Equity multiple: 3.19×
• Total profit: $122,856
• Equity at exit: $180,086

10-year hold

• IRR: 24.2%
• Equity multiple: 7.27×
• Total profit: $350,682
• Equity at exit: $388,362

Cash invested: $55,972 (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 35091

• Home prices YoY: 8.8%
• Active inventory: 129
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,886 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$138 /mo · $1,658/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $220

Break-even live

Break-even rent $1,607

Max offer price $199,900

Occupancy floor 83%

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
321 Reed Way Kimberly, AL	3.0	2.0	1316	$1,886	$1.43	1d	1	0.81mi

Listing history 25 events

1. 2026-06-18
   days on market $199,900 Active 26 DOM
2. 2026-06-17
   days on market $199,900 Active 25 DOM
3. 2026-06-16
   days on market $199,900 Active 24 DOM
4. 2026-06-15
   days on market $199,900 Active 23 DOM
5. 2026-06-13
   days on market $199,900 Active 21 DOM
6. 2026-06-10
   days on market $199,900 Active 18 DOM
7. 2026-06-09
   days on market $199,900 Active 17 DOM
8. 2026-06-08
   days on market $199,900 Active 16 DOM
9. 2026-06-07
   days on market $199,900 Active 15 DOM
10. 2026-06-03
    days on market $199,900 Active 11 DOM
11. 2026-06-02
    days on market $199,900 Active 10 DOM
12. 2026-06-01
    days on market $199,900 Active 9 DOM
13. 2026-05-31
    days on market $199,900 Active 8 DOM
14. 2026-05-22
    listed $199,900 Active
15. 2025-11-11
    price $115,000
16. 2025-08-24
    price $125,000
17. 2021-11-15
    soldstatus $105,000
18. 2021-11-12
    soldstatus $105,000 Sold 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

19. 2021-11-03
    historical 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

20. 2021-09-10
    historical Contingent 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

21. 2021-09-08
    status Active 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

22. 2021-08-31
    historical Contingent 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

23. 2021-08-30
    listed $99,900 Active 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

24. 2021-08-27
    historical $99,900 625-char remark

    Show marketing remark (625 chars)

    Take a look at this cute one level home on a quiet street in Kimberly! Home has fresh paint throughout and brand new flooring all through the house. Living room is big enough to be a living/dining combination if needed. Kitchen has lots of cabinets and plenty of room for a table. Brand new countertops and the kitchen has a built-in desk. Both bathrooms have new vanities. This home also offers a metal roof, storage building and a storm shelter. Front porch wraps to right of the house and home also has a covered back deck. Detached carport keeps car protected from elements. Great school district and close to interstate.

25. 1999-11-17
    soldstatus $69,900

ⓘ 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: $1,658 · $138/mo
• Projected year-2 tax: $1,658 · $138/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 5/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥107°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 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,632
• − Mortgage interest: −$11,198
• − Property taxes: −$1,658
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,811
• − Management: −$1,811
• − Depreciation: −$5,815
• Taxable loss: −$659
• Est. tax savings @ 24.0%: +$158
• After-tax cash flow: $2,801/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 — Kimberly

• Score: 66/100
• State rank: #99
• US rank: #11415

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kimberly, AL
• Population (ZIP): 3,632

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 White (92%)
• Race & ethnicity: White 92% Black 5% Two or more races 2%
• Common ancestry: Italian 7% Slovak 4% Lithuanian 3%
• Foreign-born: 1% · Canada, South Korea
• Languages at home: 99% English-only · Korean 1% 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: ▲ 21.37%
• Current HPI: 265.4636
• 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

+186.0% since first listed

12 events — show timeline

• 2026-05-22 Listed $199,900 Greater Alabama MLS
• 2025-11-11 Price Changed $115,000 Greater Alabama MLS
• 2025-08-24 Price Changed $125,000 Greater Alabama MLS
• 2021-11-15 Sold (Public Records) $105,000 Public Records
• 2021-11-12 Sold (MLS) $105,000 Greater Alabama MLS
• 2021-11-03 Delisted — Greater Alabama MLS
• 2021-09-10 Contingent — Greater Alabama MLS
• 2021-09-08 Relisted — Greater Alabama MLS
• 2021-08-31 Contingent — Greater Alabama MLS
• 2021-08-30 Listed $99,900 Greater Alabama MLS
• 2021-08-27 Coming Soon $99,900 Greater Alabama MLS
• 1999-11-17 Sold (Public Records) $69,900 Public Records

Property tax history

+13.2%/yr

Latest (2025): $1,658 · +4.8% YoY. Source: county tax records.