102 Beasley Dr · Concord, AL 35023

$157,500

3 bd · 2.0 ba · 1,866 sqft · SingleFamily public records · 48 Days on market

Built 1964 0.40 ac lot $84/sqft · 37% below area Est $249k · 37% under

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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 +19.4/30.0
• ARV discount +15.0/15.0
• DSCR +6.1/10.0
• Appreciation +4.7/10.0
• 1% rule +4.1/10.0
• Livability +3.1/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

Key facts

• Private bath
• Gas fireplace
• Brick home

Tags

• BRICK HOME
• SPACIOUS MASTER SUITE
• PRIVATE BATH
• LVP FLOORING
• GAS FIREPLACE
• EAT-IN KITCHEN

Property features AI

Finance

• Other: Property accessed via paved public road
• Financial info: Fire fee applies ($100 yearly); Garbage fee applies ($51 quarterly)
• HOA & community: No association fee

Exterior

• Parking: Front garage entry; Attached garage (1 car); Driveway and off-street parking; Parking on main level
• Utilities: Public water; Septic system; Electric water heater
• Home design: 4-side brick construction; Slab foundation; Existing (not newly built)
• Construction: 4-side brick exterior; Slab foundation; Open deck
• Exterior features: Fenced yard; Workshop; Porch; Open deck

Interior

• Kitchen: Laminate countertops; Electric stove
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Carpet; Hardwood laminate
• Bathrooms: Two full bathrooms; At least one bathroom with tub/shower combo; Master bath on main level
• Heating & cooling: Central heating; Central cooling; Ceiling fans
• Interior features: Smooth ceilings; Eating area; Some window treatments to remain; One gas fireplace with brick surround located in the den; No additional built-in interior features listed
• Laundry & utility: Main-level laundry in a closet; Washer hookup provided; Electric dryer hookup; Pull-down attic access

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $158k.

Deal economics

• At list price, monthly cash flow is $177 ($2k/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 $143k (9.1% below list).
• Recommended offer: $143k (9.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#266 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living 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: Concord Elementary School (math 8% / reading 37%, grade F, #437 of 627 statewide, top 70%, 397 students, 70% FRL); Oak Grove High School (math 7% / reading 29%, grade F, #187 of 305 statewide, top 62%, 744 students, 53% FRL).
• Market conditions: Rents rising (+1.6%/yr); 250 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

• In year one you build about $144 of equity ($1k loan paydown + $-945 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.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y ago; this cycle's ask has dropped $31k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $143,120 (9.1% below list)

Questions for the listing agent

1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1964 — 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. 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.
6. 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.
7. 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: 0.91% ✗
• Cap rate: 7.64%
• Cash-on-cash: 4.81%
• DSCR: 1.21
• GRM: 9.2

CMA / ARV

• ARV (median comp): $249,343
• List price: $157,500
• Delta: -36.83%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
110 Concord Highland Dr	0.37mi	3/2.0	1,850 (-1%)	8mo	$270,000	$146	75
3364 Warrior River Rd	0.34mi	3/2.0	1,962 (+5%)	1mo	$259,000	$132	74
1612 Kerry Dr	0.57mi	3/2.0	1,789 (-4%)	12mo	$334,000	$187	57
320 Oak Cir	0.72mi	3/2.0	1,830 (-2%)	12mo	$270,000	$148	53
204 Masters Rd	0.34mi	3/2.0	1,599 (-14%)	18mo	$265,000	$166	45
515 Gay Rd	0.54mi	4/2.0 (+1)	1,768 (-5%)	20mo	$187,500	$106	45

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: 0.1%
• Equity multiple: 1.00×
• Total profit: $220
• Equity at exit: $41,065

10-year hold

• IRR: 5.2%
• Equity multiple: 1.51×
• Total profit: $22,353
• Equity at exit: $45,775

Cash invested: $44,100 (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: 250
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,431 medium
• Mortgage (P&I): −$826
• Tax from tax record: −$62 /mo · $746/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $177

Break-even live

Break-even rent $1,207

Max offer price $157,500

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: $39,375
• Closing costs: $4,725
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
315 Pope Dr Bessemer, AL	3.0	2.0	1292	$1,225	$0.95	19d	1	0.85mi
3269 Allison Bonnett Memorial Dr Bessemer, AL	3.0	2.0	1306	$1,435	$1.10	15d	1	0.90mi
6051 Willow Cir Bessemer, AL	3.0	2.0	1365	$1,398	$1.02	15d	1	1.48mi

Listing history 28 events

1. 2026-06-18
   days on market $157,500 Active 48 DOM
2. 2026-06-17
   days on market $157,500 Active 47 DOM
3. 2026-06-16
   days on market $157,500 Active 46 DOM
4. 2026-06-15
   days on market $157,500 Active 45 DOM
5. 2026-06-13
   days on market $157,500 Active 43 DOM
6. 2026-06-10
   days on market $157,500 Active 40 DOM
7. 2026-06-09
   days on market $157,500 Active 39 DOM
8. 2026-06-08
   days on market $157,500 Active 38 DOM
9. 2026-06-07
   pricedays on market $157,500 Active 37 DOM
10. 2026-06-03
    days on market $188,500 Active 33 DOM
11. 2026-06-02
    days on market $188,500 Active 32 DOM
12. 2026-06-01
    days on market $188,500 Active 31 DOM
13. 2026-05-31
    days on market $188,500 Active 30 DOM
14. 2026-05-01
    listed $188,500 Active 839-char remark
15. 2020-12-15
    soldstatus $159,000
16. 2020-11-30
    soldstatus $159,000 Sold 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

17. 2020-10-29
    historical Contingent 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

18. 2020-10-12
    status Active 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

19. 2020-09-30
    historical Contingent 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

20. 2020-08-25
    status Active 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

21. 2020-08-25
    historical Contingent 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

22. 2020-08-12
    status Active 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

23. 2020-08-11
    historical Contingent 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

24. 2020-08-06
    listed $159,000 Active 325-char remark

    Show marketing remark (325 chars)

    Beautifully renovated one level home! Breathtaking kitchen with stainless steel appliances included. So much space here! 3 bed, 2 bath home. Over 1800 sqft. Cozy up by the beautiful brick fireplace. Or soak in the outdoors on your back deck overlooking a large flat lot. 100% financing available through USDA lending program!

25. 2020-03-12
    soldstatus $70,000 Sold

    Show marketing remark (234 chars)

    Cute 1 Story Full- Brick , 3 Bedroom, 2 Bath Home; Cozy Den with Fireplace Large Living Room; Perfect fenced in Backyard in quiet community; Needs TLC but has plenty of storage and closet space as well as a 1 Car Garage with Workshop.

26. 2020-02-12
    historical Contingent

    Show marketing remark (234 chars)

    Cute 1 Story Full- Brick , 3 Bedroom, 2 Bath Home; Cozy Den with Fireplace Large Living Room; Perfect fenced in Backyard in quiet community; Needs TLC but has plenty of storage and closet space as well as a 1 Car Garage with Workshop.

27. 2020-01-31
    listed $64,900 Active

    Show marketing remark (234 chars)

    Cute 1 Story Full- Brick , 3 Bedroom, 2 Bath Home; Cozy Den with Fireplace Large Living Room; Perfect fenced in Backyard in quiet community; Needs TLC but has plenty of storage and closet space as well as a 1 Car Garage with Workshop.

28. 1988-08-01
    soldstatus $66,500

ⓘ 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: $746 · $62/mo
• Projected year-2 tax: $746 · $62/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 ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,174
• − Mortgage interest: −$8,822
• − Property taxes: −$746
• − Insurance: −$788
• − Repairs & maintenance: −$1,374
• − Management: −$1,374
• − Depreciation: −$4,582
• Taxable loss: −$512
• Est. tax savings @ 24.0%: +$123
• After-tax cash flow: $2,245/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 — Concord

• Score: 61/100
• State rank: #266
• US rank: #18252

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Concord, 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

+136.8% since first listed

16 events — show timeline

• 2026-06-05 Price Changed $157,500 Greater Alabama MLS
• 2026-05-01 Listed $188,500 Greater Alabama MLS
• 2020-12-15 Sold (Public Records) $159,000 Public Records
• 2020-11-30 Sold (MLS) $159,000 Greater Alabama MLS
• 2020-10-29 Contingent — Greater Alabama MLS
• 2020-10-12 Relisted — Greater Alabama MLS
• 2020-09-30 Contingent — Greater Alabama MLS
• 2020-08-25 Relisted — Greater Alabama MLS
• 2020-08-25 Contingent — Greater Alabama MLS
• 2020-08-12 Relisted — Greater Alabama MLS
• 2020-08-11 Contingent — Greater Alabama MLS
• 2020-08-06 Listed $159,000 Greater Alabama MLS
• 2020-03-12 Sold (MLS) $70,000 Greater Alabama MLS
• 2020-02-12 Contingent — Greater Alabama MLS
• 2020-01-31 Listed $64,900 Greater Alabama MLS
• 1988-08-01 Sold (Public Records) $66,500 Public Records

Property tax history

-4.7%/yr

Latest (2025): $746 · +0.0% YoY. Source: county tax records.