2006 27th Ave · Hueytown, AL 35023

$40,000

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

Built 1952 Poor condition 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
• Schools +1.7/10.0
• Condition / age +1.0/5.0

Listing remarks

3/1

Key facts

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

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $579 ($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 23.7% vs local median 5.8% 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); 295 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 61d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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.
8. 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.
9. 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: 2.73% ✓
• Cap rate: 23.65%
• Cash-on-cash: 61.99%
• DSCR: 3.76
• GRM: 3.1

CMA / ARV

• ARV (median comp): $104,425
• List price: $40,000
• Delta: -61.69%
• 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%)	2mo	$40,000	$51	93
1817 1/2 29th Ave	0.20mi	2/1.0	756 (-4%)	2mo	$60,000	$79	83
2925 20th St N	0.27mi	2/1.0	770 (-2%)	9mo	$95,000	$123	77
2812 20th St N	0.17mi	2/1.0	886 (+13%)	10mo	$151,500	$171	63
2104 26th Ave N	0.24mi	3/1.0 (+1)	884 (+12%)	2mo	$111,111	$126	61
2521 21st St N	0.26mi	2/1.5	816 (+4%)	23mo	$97,500	$119	60
2423 Circle Dr	0.45mi	2/1.0	732 (-7%)	13mo	$52,000	$71	57
2421 Circle Dr	0.46mi	2/1.0	872 (+11%)	13mo	$75,300	$86	50
2017 Mississippi Ave	0.33mi	3/1.0 (+1)	872 (+11%)	16mo	$86,000	$99	48
2225 19th St N	0.51mi	3/1.0 (+1)	888 (+13%)	3mo	$35,000	$39	47
1554 27th Ave N	0.43mi	2/1.0	900 (+14%)	20mo	$155,000	$172	39
2614 15th St N	0.63mi	3/1.0 (+1)	864 (+10%)	22mo	$129,900	$150	31

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: 61.7%
• Equity multiple: 3.95×
• Total profit: $33,071
• Equity at exit: $10,429

10-year hold

• IRR: 63.9%
• Equity multiple: 7.63×
• Total profit: $74,308
• 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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 9 active · 6 under contract
• Months of supply: 10.8 mo (9%/mo absorbed)
• Median asking: $99,000 ($118/sqft)
• Median days on market: 38 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +12.7% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 295
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,091 high
• Mortgage (P&I): −$210
• Tax from tax record: −$57 /mo · $684/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $579

Break-even live

Break-even rent $359

Max offer price $40,000

Occupancy floor 42%

Sensitivity live

Price	-10% $601	-5% $590	+0% $579	+5% $567	+10% $556
Rent	-10% $492	-5% $535	+0% $579	+5% $622	+10% $665
Rate	-1.0pp $599	-0.5pp $589	base $579	+0.5pp $568	+1.0pp $558

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
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1714 25th Ave N Bessemer, AL	2.0	1.0	864	$900	$1.04	17d	1	0.34mi
1623 26th Ave N Bessemer, AL	2.0	1.0	1004	$1,025	$1.02	17d	1	0.39mi
1623 26th Ave N Bessemer, AL	2.0	1.0	1004	$1,095	$1.09	60d	1	0.39mi
1612 26th Ave N Bessemer, AL	2.0	1.0	1050	$1,245	$1.19	39d	1	0.40mi
2423 Circle Dr Bessemer, AL	2.0	1.0	732	$1,050	$1.43	93d	1	0.45mi
2234 19th St N Bessemer, AL	2.0	1.0	1106	$975	$0.88	93d	1	0.51mi
2822 Brooklane Dr Bessemer, AL	2.0	1.0	975	$1,000	$1.03	93d	1	0.68mi
1314 22nd Ave N Bessemer, AL	3.0	1.0	1038	$1,000	$0.96	93d	1	1.00mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	72d	1	1.08mi
418 Murphys Ln Bessemer, AL	3.0	2.0	1125	$1,200	$1.07	17d	1	1.15mi
106 Walker Ave Bessemer, AL	1.0	1.0	576	$725	$1.26	25d	1	1.19mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	60d	1	1.19mi
1908 Long 12th St Bessemer, AL	3.0	2.0	1120	$1,225	$1.09	27d	1	1.22mi

Property features AI

Finance

• Financial info: Has down payment assistance

Exterior

• Parking: Driveway parking
• Security: No security features listed
• Utilities: Public waterConnected sewerElectric water heaterInternet service available
• Home design: Existing propertySingle-story living areas (rooms listed on main level)Subdivision: Bessemer North Highlands
• Construction: Siding (other) exteriorCrawl space foundation
• Exterior features: Open deckNo poolNo patioNo garden/patioNot waterfrontLot view: None

Interior

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

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: $13,094
• − Mortgage interest: −$2,241
• − Property taxes: −$684
• − Insurance: −$200
• − Repairs & maintenance: −$1,048
• − Management: −$1,048
• − Depreciation: −$1,164
• Taxable income: $6,711
• Est. tax owed @ 24.0%: −$1,611
• After-tax cash flow: $5,333/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.

Condition & rehab AI · 9 photos

Poor 20/100 Extensive rehab Est. rehab $39,300–$70,740 screening

This property requires extensive repairs and updates to its roof, exterior, interior, HVAC, and landscaping, significantly impacting its current value. Significant investment is needed to bring it up to a livable condition.

Deferred maintenance Est. $50,000–$150,000 screening

• Major Roof (roof) — Signs of significant damage or wear on the roof structure
• Major Windows (windows) — Windows appear old and possibly not functioning properly
• Major Electrical (electrical) — Electrical meter and panel appear old and possibly not up to code
• Major Exterior (exterior) — Exterior siding and trim show significant wear and tear
• Major Other — General state of disrepair and lack of maintenance

Repairs flagged

• Major roof — Significant damage or wear
• Major exterior siding — Severe weathering and peeling
• Major interior walls — Severe paint damage and potential structural issues
• Major flooring — Worn and possibly damaged hardwood
• Major HVAC unit — Exposed and possibly in need of replacement
• Major landscaping — Overgrown and unkempt yard

Value-add opportunities

• Both New roof — Improves both resale and rental value ↑
• Both New exterior siding and paint — Enhances curb appeal and value ↑
• Both New flooring — Improves living space and rental appeal ↑
• Both New HVAC unit — Improves comfort and energy efficiency ↑
• Both Landscaping and yard maintenance — Enhances curb appeal and rental appeal ↑

ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 17/100

Zoned Schools

Elementary Hueytown Intermediate School F AL #431/627 Nat'l #31,702/41,679 Middle Hueytown Middle School F AL #206/257 Nat'l #12,632/14,009 High Hueytown High School F AL #235/305 Nat'l #15,655/17,239

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

D Composite livability gradescore 57/100

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 · 669,185 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: 14% of renters

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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%

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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%

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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

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Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Property features AI

Finance

• Financial info: Has down payment assistance

Exterior

• Parking: Driveway parking
• Security: No security features listed
• Utilities: Public waterConnected sewerElectric water heaterInternet service available
• Home design: Existing propertySingle-story living areas (rooms listed on main level)Subdivision: Bessemer North Highlands
• Construction: Siding (other) exteriorCrawl space foundation
• Exterior features: Open deckNo poolNo patioNo garden/patioNot waterfrontLot view: None

Interior

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

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.