834 42nd Pl · Birmingham, AL 35212

$15,900

3 bd · 1.0 ba · 1,110 sqft · SingleFamily public records · 13 Days on market

Built 1953 5,793 sqft lot

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers. Seller is assisted by an Attorney in Fact. Do not knock on door or approach house without prior communication.

Key facts

• 5,793 sq ft lot
• Built 1953
• Listed 13 days

Property features AI

Finance

• Other: Subdivision: KINGSTON

Exterior

• Parking: Off-street parking
• Utilities: Public water; Underground utilities; Internet availability: unknown
• Home design: Existing construction; Siding (other) exterior
• Construction: Slab foundation
• Exterior features: No pool; No patio; No deck; No garden/patio; Not waterfront; Property in flood plain: no; Lot view: none

Interior

• Kitchen: Kitchen on main level
• Bedrooms: Three bedrooms, all on the main level
• Flooring: Hardwood laminate floors
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: 1,272 finished living area (main level); Ceilings: other (see remarks); No attic; No interior special features listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $16k.

Deal economics

• At list price, monthly cash flow is $860 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $16k).
• Cap rate 71.2% vs local median 6.2% in Birmingham — 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 67/100 on livability (#78 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, crime F, employment F.
• Birmingham City (urban): math 4% / reading 20% proficiency, ranked #116 of 129 in AL (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Hayes K8 (math 0% / reading 12%, grade F, #616 of 627 statewide, top 98%, 658 students, 91% FRL); Woodlawn High Schoolmagnet (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 738 students, 91% FRL).
• Market conditions: 81 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 40% of the median local income ($37k/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 $110 of loan paydown is wiped out by about $477 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 + 3.0% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1953 — 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 $15,900

Questions for the listing agent

1. Built in 1953 — 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. 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?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 7.72% ✓
• Cap rate: 71.17%
• Cash-on-cash: 231.69%
• DSCR: 11.31
• GRM: 1.1

CMA / ARV

• ARV (on-the-fly): $56,610
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
904 46th St	0.37mi	3/1.0	1,130 (+2%)	13mo	$80,000	$71	69
1114 Coosa St	0.46mi	3/1.0	1,114 (+0%)	16mo	$52,000	$47	65
749 45th Pl N	0.35mi	3/1.0	1,036 (-7%)	9mo	$75,000	$72	65
1212 43rd St N	0.40mi	3/1.0	1,018 (-8%)	6mo	$12,000	$12	62
912 48th St N	0.64mi	3/1.0	1,073 (-3%)	6mo	$55,000	$51	60
1401 46th Street Ensley	0.60mi	3/1.0	1,089 (-2%)	13mo	$48,356	$44	58
4112 7th Ave N	0.35mi	3/1.0	1,227 (+10%)	17mo	$40,000	$33	52
916 N 47th St	0.48mi	3/2.0	1,038 (-6%)	19mo	$75,000	$72	47
934 47th St N	0.49mi	2/1.0 (-1)	972 (-12%)	7mo	$39,000	$40	46
833 49th St N	0.70mi	3/2.0	1,231 (+11%)	1mo	$200,000	$162	44
4228 12th Ct N	0.45mi	2/2.0 (-1)	1,254 (+13%)	15mo	$70,500	$56	36
4750 9th Street Ter N	0.71mi	3/1.0	1,000 (-10%)	18mo	$27,000	$27	36

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 12.72×
• Total profit: $52,188
• Equity at exit: $2,371

10-year hold

• IRR: —
• Equity multiple: 27.06×
• Total profit: $116,014
• Equity at exit: $1,375

Cash invested: $4,452 (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 35212

• Active inventory: 81
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $1,227 high
• Mortgage (P&I): −$83
• Tax est. 1.5%: −$20 /mo · $238/yr
• Insurance: −$7
• HOA: −$0
• Vacancy / Maint / Mgmt: −$258
• Net cashflow: $860

Break-even live

Break-even rent $139

Max offer price $15,900

Occupancy floor 25%

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: $3,975
• Closing costs: $477
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
813 42nd Pl N Birmingham, AL	3.0	2.0	1424	$1,285	$0.90	44d	1	0.08mi
1117 42nd Pl N Birmingham, AL	3.0	1.0	1026	$900	$0.88	44d	1	0.24mi
1017 Cahaba St Birmingham, AL	2.0	2.0	1035	$1,350	$1.30	3d	1	0.31mi
4108 7th Ave N Birmingham, AL	3.0	1.0	1100	$1,350	$1.23	24d	1	0.36mi
1217 43rd St N Birmingham, AL	2.0	1.0	750	$850	$1.13	44d	1	0.40mi
3920 11th Ave N Birmingham, AL	3.0	2.0	1200	$1,025	$0.85	2d	1	0.40mi
934 47th St N Birmingham, AL	3.0	1.0	972	$1,000	$1.03	24d	1	0.50mi
737 47th St N Unit B Birmingham, AL	2.0	1.0	706	$750	$1.06	24d	1	0.51mi
4513 13th Ave N Birmingham, AL	2.0	2.0	778	$1,175	$1.51	24d	1	0.59mi
941 47th Pl N Birmingham, AL	3.0	1.0	879	$950	$1.08	24d	1	0.62mi
236 48th St N Birmingham, AL	3.0	2.0	1318	$1,750	$1.33	3d	1	0.63mi
1101 47th St N Birmingham, AL	3.0	2.0	1296	$1,200	$0.93	24d	1	0.68mi
821 50th St N Birmingham, AL	3.0	1.5	1416	$1,523	$1.08	2d	1	0.77mi
4345 2nd Ave S Birmingham, AL	3.0	2.0	988	$1,800	$1.82	24d	1	0.89mi
1601 48th St N Birmingham, AL	3.0	1.0	1313	$1,200	$0.91	24d	1	0.91mi
233 52nd St N Birmingham, AL	2.0	1.0	1430	$1,200	$0.84	44d	1	0.93mi
4233 3rd Ave S Birmingham, AL	2.0	1.0	750	$1,150	$1.53	44d	1	1.02mi
1515 36th Pl N Birmingham, AL	3.0	2.0	1204	$1,273	$1.06	44d	1	1.03mi
4243 4th Ave S Birmingham, AL	2.0	1.0	805	$1,150	$1.43	44d	1	1.07mi
972 53rd St N Birmingham, AL	2.0	1.0	841	$900	$1.07	44d	1	1.09mi
4237 5th Ave S Unit 4237-E Birmingham, AL	2.0	1.0	725	$1,135	$1.57	3d	1	1.14mi
4237 5th Ave S Unit 4241-F Birmingham, AL	2.0	1.0	725	$1,098	$1.51	44d	1	1.14mi
4237 5th Ave S Unit 4241-H Birmingham, AL	2.0	1.0	725	$1,115	$1.54	44d	1	1.14mi
3509 Norwood Blvd Birmingham, AL	2.0	1.0	943	$1,100	$1.17	3d	1	1.18mi
1705 52nd St N Birmingham, AL	3.0	1.5	1214	$1,100	$0.91	44d	1	1.26mi
712 47th Way S Birmingham, AL	2.0	1.0	1042	$1,725	$1.66	19d	1	1.28mi
724 47th Way S Unit 1019289P Birmingham, AL	2.0	1.0	1044	$8,438	$8.08	44d	1	1.30mi
620 52nd St S Birmingham, AL	3.0	2.0	1346	$2,750	$2.04	24d	1	1.32mi
1405 33rd St N Birmingham, AL	3.0	1.0	952	$990	$1.04	24d	1	1.34mi
3833 6th Ave S Birmingham, AL	2.0	1.0	725	$1,100	$1.52	44d	1	1.35mi
3827 6th Ave S Birmingham, AL	2.0	1.0	725	$1,100	$1.52	44d	1	1.36mi
1410 46th St S Birmingham, AL	3.0	1.0	1200	$1,000	$0.83	44d	1	1.46mi
4236 39th Ave N Birmingham, AL	3.0	2.0	1000	$1,195	$1.20	24d	1	1.47mi
5811 2nd Ave N Birmingham, AL	2.0	1.0	1000	$1,200	$1.20	3d	1	1.48mi
3311 16th Ave N Unit 3323 Birmingham, AL	2.0	1.0	750	$850	$1.13	2d	1	1.49mi
3311 16th Ave N Unit 3321 Birmingham, AL	2.0	1.0	750	$850	$1.13	24d	1	1.49mi
3311 16th Ave N Unit 3317 Birmingham, AL	2.0	1.0	750	$850	$1.13	44d	1	1.49mi

Listing history 11 events

1. 2026-06-18
   days on market $15,900 Active 13 DOM
2. 2026-06-17
   days on market $15,900 Active 12 DOM
3. 2026-06-16
   days on market $15,900 Active 11 DOM
4. 2026-06-15
   price $15,900 Active 10 DOM
5. 2026-06-15
   days on market $29,900 Active 10 DOM
6. 2026-06-13
   pricedays on market $29,900 Active 8 DOM
7. 2026-06-10
   days on market $34,900 Active 5 DOM
8. 2026-06-09
   days on market $34,900 Active 4 DOM
9. 2026-06-08
   days on market $34,900 Active 3 DOM
10. 2026-06-07
    remarks 309-char remark
11. 2026-06-07
    listed $34,900 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥106°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 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,726
• − Mortgage interest: −$891
• − Property taxes: −$238
• − Insurance: −$80
• − Repairs & maintenance: −$1,178
• − Management: −$1,178
• − Depreciation: −$463
• Taxable income: $10,698
• Est. tax owed @ 24.0%: −$2,568
• After-tax cash flow: $7,747/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: Birmingham City
• NCES district ID: 0100390
• Math proficiency: 4% ▼ -17.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $31,988
• Composite: 9.49/100
• National rank: #9850
• State rank: #116 of 129 in AL

Livability — Birmingham

• Score: 67/100
• State rank: #78
• US rank: #10412

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Birmingham, AL
• County: Jefferson County · 527,445 people
• City population: 210,422
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 10,160
• Household income: $36,633
• Rent vs Own: 55.4% rent · 44.6% own
• Severe rent burden: 798.0

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: Predominantly Black (68%)
• Race & ethnicity: Black 68% White 24% Hispanic / Latino 6% Two or more races 3% Asian 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 2% Slovak 2% Hispanic 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -190.24%
• Current HPI: 120.1264
• Rent YoY: —
• 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

+119.5% since first listed

3 events — show timeline

• 2026-06-05 Listed $34,900 Greater Alabama MLS
• 2025-12-16 Price Changed $25,000 Greater Alabama MLS
• 1977-10-05 Sold (Public Records) $15,900 Public Records

Property tax history

+12.2%/yr

Latest (2025): $1,079 · +0.0% YoY. Source: county tax records.