2006 27th Ave · Hueytown, AL 35023

$40,000

2 bd · 1.0 ba · 786 sqft · SingleFamily public records · 44 Days on market

Built 1952 7,405 sqft lot $51/sqft · 62% below area

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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
• 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

3/1

Key facts

• 7,405 sq ft lot
• Built 1952
• Listed 44 days

Property features AI

Finance

• Financial info: Has down payment assistance

Exterior

• Parking: Driveway parking
• Security: No security features listed
• Utilities: Public water; Connected sewer; Electric water heater; Internet service available
• Home design: Existing property; Single-story living areas (rooms listed on main level); Subdivision: Bessemer North Highlands
• Construction: Siding (other) exterior; Crawl space foundation
• Exterior features: Open deck; No pool; No patio; No garden/patio; Not waterfront; Lot view: None

Interior

• Kitchen: Kitchen on main level; Breakfast room adjacent to kitchen
• Bedrooms: Three bedrooms on the main level
• Flooring: Hardwood
• Bathrooms: One full bathroom (shared)
• Heating & cooling: Gas heating; No air conditioning
• Interior features: Hardwood floors; Ceilings: Other (see remarks); No additional interior features listed
• Laundry & utility: Main-level laundry with washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $600 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $39k (3.0% below list) — sets the bar for market timing.
• Cap rate 24.3% 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, crime F, amenities 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: Hueytown Primary School (653 students, 64% FRL); Hueytown Middle School (math 0% / reading 30%, grade F, #206 of 257 statewide, top 80%, 789 students, 62% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 68% FRL vs 49% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 257 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $37 of equity ($277 loan paydown + $-240 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 $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($39k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 41% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $38,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 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 1952 — 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: 2.80% ✓
• Cap rate: 24.30%
• Cash-on-cash: 64.31%
• DSCR: 3.86
• GRM: 3.0

CMA / ARV

• ARV (median comp): $106,017
• List price: $40,000
• Delta: -62.27%
• 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
2006 27th Ave	0.00mi	3/1.0 (+1)	786 (0%)	1mo	$40,000	$51	94
1817 1/2 29th Ave	0.20mi	2/1.0	756 (-4%)	0mo	$60,000	$79	84
2925 20th St N	0.27mi	2/1.0	770 (-2%)	7mo	$95,000	$123	78
2812 20th St N	0.17mi	2/1.0	886 (+13%)	8mo	$151,500	$171	64
2104 26th Ave N	0.24mi	3/1.0 (+1)	884 (+12%)	1mo	$111,111	$126	62
2521 21st St N	0.26mi	2/1.5	816 (+4%)	21mo	$97,500	$119	62
2423 Circle Dr	0.45mi	2/1.0	732 (-7%)	11mo	$52,000	$71	58
2421 Circle Dr	0.46mi	2/1.0	872 (+11%)	11mo	$75,300	$86	51
2017 Mississippi Ave	0.33mi	3/1.0 (+1)	872 (+11%)	14mo	$86,000	$99	50
2225 19th St N	0.51mi	3/1.0 (+1)	888 (+13%)	1mo	$35,000	$39	48
1554 27th Ave N	0.43mi	2/1.0	900 (+14%)	19mo	$155,000	$172	40
1550 27th Ave N	0.45mi	2/1.0	900 (+14%)	23mo	$150,000	$167	35

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: 64.1%
• Equity multiple: 4.07×
• Total profit: $34,410
• Equity at exit: $10,429

10-year hold

• IRR: 66.2%
• Equity multiple: 7.88×
• Total profit: $77,096
• Equity at exit: $11,625

Cash invested: $11,200 (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

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: 257
• Price-to-rent: 3.0×

Monthly cashflow live

• Estimated rent: $1,119 high
• Mortgage (P&I): −$210
• Tax from tax record: −$57 /mo · $684/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$235
• Net cashflow: $600

Break-even live

Break-even rent $359

Max offer price $40,000

Occupancy floor 41%

Sensitivity live

Price	-10% $623	-5% $612	+0% $600	+5% $589	+10% $578
Rent	-10% $512	-5% $556	+0% $600	+5% $644	+10% $689
Rate	-1.0pp $620	-0.5pp $610	base $600	+0.5pp $590	+1.0pp $579

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1623 26th Ave N Bessemer, AL	2.0	1.0	1004	$1,095	$1.09	13d	1	0.39mi
2423 Circle Dr Bessemer, AL	2.0	1.0	732	$1,050	$1.43	46d	1	0.45mi
2234 19th St N Bessemer, AL	2.0	1.0	1106	$975	$0.88	46d	1	0.51mi
2822 Brooklane Dr Bessemer, AL	2.0	1.0	975	$1,000	$1.03	46d	1	0.68mi
1314 22nd Ave N Bessemer, AL	3.0	1.0	1038	$1,000	$0.96	46d	1	1.00mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	26d	1	1.08mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	13d	1	1.19mi

Listing history 6 events

1. 2026-06-01
   days on market $40,000 Active 44 DOM
2. 2026-05-31
   days on market $40,000 Active 43 DOM
3. 2026-05-06
   price $40,000 3-char remark
4. 2026-04-26
   price $45,000 3-char remark
5. 2026-04-18
   listed $55,000 Active 3-char remark
6. 1981-06-01
   soldstatus $27,900

ⓘ 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: $684 · $57/mo
• Projected year-2 tax: $684 · $57/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 ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 41% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,422
• − Mortgage interest: −$2,241
• − Property taxes: −$684
• − Insurance: −$200
• − Repairs & maintenance: −$1,074
• − Management: −$1,074
• − Depreciation: −$1,164
• Taxable income: $6,986
• Est. tax owed @ 24.0%: −$1,677
• After-tax cash flow: $5,526/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

+43.4% since first listed

5 events — show timeline

• 2026-06-02 Sold (MLS) $40,000 Greater Alabama MLS
• 2026-05-06 Price Changed $40,000 Greater Alabama MLS
• 2026-04-26 Price Changed $45,000 Greater Alabama MLS
• 2026-04-18 Listed $55,000 Greater Alabama MLS
• 1981-06-01 Sold (Public Records) $27,900 Public Records

Property tax history

+11.4%/yr

Latest (2025): $684 · +136.2% YoY. Source: county tax records.