112 NW 6th Ave · Carbon Hill, AL 35549

$69,900

2 bd · 1.0 ba · 1,404 sqft · SingleFamily public records · 24 Days on market

Built 1937 0.32 ac lot

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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
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Appreciation +8.2/10.0
• ARV discount +7.5/15.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks

2 Bedroom 1 Bath home conveniently located close to I22 for easy access to Jasper or Birmingham. This home has plenty of potential, it offers comfortable living space along with additional storage underneath the home, perfect for tools, seasonal items, or extra belongings. Whether you're looking for a starter home, downsizing or an investment opportunity, this is one you don't want to miss.

Key facts

• Conveniently located
• 0.32 acre lot
• Built 1937

Tags

• CONVENIENTLY LOCATED
• ADDITIONAL STORAGE UNDERNEATH

Property features AI

Exterior

• Parking: Carport
• Utilities: Public sewer
• Home design: Single-family residential property
• Construction: Residential construction
• Exterior features: Front porch (screened); Metal roof; Lot approximately 100 x 140

Interior

• Kitchen: Refrigerator; Electric range
• Heating & cooling: Heat pump heating; Heat pump cooling
• Interior features: Basement with storage space; Refrigerator; Electric range

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $328 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($965 rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#208 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D, amenities F, commute F.
• Walker County (rural): math 13% / reading 39% proficiency, ranked #89 of 129 in AL (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 23 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 36 units permitted in Walker County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($483 loan paydown + $5k appreciation (6.5% local appreciation)).
• Walker County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (6.5% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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 $68,851 (1.5% below list)

Questions for the listing agent

1. Built in 1937 — 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. 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.
5. 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.
6. 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: 1.38% ✓
• Cap rate: 11.93%
• Cash-on-cash: 20.12%
• DSCR: 1.90
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $206,388
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
343 NW 2nd St	0.21mi	3/1.0 (+1)	1,474 (+5%)	1mo	$50,000	$34	76
501 4th Ave	0.43mi	3/1.0 (+1)	1,323 (-6%)	14mo	$100,000	$76	54
1225 1st St	0.44mi	3/2.0 (+1)	1,360 (-3%)	14mo	$199,900	$147	53
199 NE 12th Ave	0.62mi	3/2.0 (+1)	1,350 (-4%)	10mo	$229,000	$170	48

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

Projected returns pro-forma

6.48% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 33.1%
• Equity multiple: 3.20×
• Total profit: $43,073
• Equity at exit: $46,076

10-year hold

• IRR: 30.4%
• Equity multiple: 6.61×
• Total profit: $109,829
• Equity at exit: $85,465

Cash invested: $19,572 (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 35549

• Home prices YoY: 3.9%
• Active inventory: 23
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $965 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$38 /mo · $462/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$203
• Net cashflow: $328

Break-even live

Break-even rent $550

Max offer price $69,900

Occupancy floor 61%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
812 4th Ave NE Carbon Hill, AL	3.0	1.0	1075	$965	$0.90	1d	1	0.70mi

Listing history 16 events

1. 2026-06-18
   days on market $69,900 Active 24 DOM
2. 2026-06-17
   days on market $69,900 Active 23 DOM
3. 2026-06-16
   days on market $69,900 Active 22 DOM
4. 2026-06-15
   days on market $69,900 Active 21 DOM
5. 2026-06-13
   days on market $69,900 Active 19 DOM
6. 2026-06-13
   days on market $69,900 Active 18 DOM
7. 2026-06-10
   days on market $69,900 Active 16 DOM
8. 2026-06-09
   pricedays on market $69,900 Active 15 DOM
9. 2026-06-08
   days on market $74,900 Active 14 DOM
10. 2026-06-07
    days on market $74,900 Active 13 DOM
11. 2026-06-05
    days on market $74,900 Active 10 DOM
12. 2026-06-03
    days on market $74,900 Active 9 DOM
13. 2026-06-03
    days on market $74,900 Active 8 DOM
14. 2026-06-01
    days on market $74,900 Active 7 DOM
15. 2026-05-31
    days on market $74,900 Active 6 DOM
16. 2026-05-26
    listed $74,900 Active

ⓘ 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: $462 · $38/mo
• Projected year-2 tax: $462 · $38/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 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,580
• − Mortgage interest: −$3,915
• − Property taxes: −$462
• − Insurance: −$350
• − Repairs & maintenance: −$926
• − Management: −$926
• − Depreciation: −$2,033
• Taxable income: $2,967
• Est. tax owed @ 24.0%: −$712
• After-tax cash flow: $3,226/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: Walker County
• NCES district ID: 0103450
• Math proficiency: 13% ▼ -28.00%
• Reading proficiency: 39% ▼ -5.00%
• Median HH income: $36,664
• Composite: 21.51/100
• National rank: #8321
• State rank: #89 of 129 in AL

Livability — Carbon Hill

• Score: 62/100
• State rank: #208
• US rank: #16127

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Carbon Hill, AL
• Population (ZIP): 3,018

Population outlook (Walker County) Hauer SSP2

• Today (2025): 61,037 people
• By 2030: 58,391 · -4.3%
• By 2040: 53,080 · -13.0%
• By 2050: 48,031 · -21.3%
• By 2075: 37,799 · -38.1%
• By 2100: 29,001 · -52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 8% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 1% Slovak 1% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Walker

• 2024 margin: Solid R (+71.8) · D 13.8% · R 85.6%
• 2008→2024 swing: -25.4pp toward R · 2008: -46.4pp · 2024: -71.8pp
• All cycles: 2024: R+71.8 2020: R+67.9 2016: R+67.4 2012: R+52.9 2008: R+46.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.48%
• Current HPI: 172.3523
• 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

1 event — show timeline

• 2026-05-26 Listed $74,900 Walker County Area MLS

Property tax history

+2.7%/yr

Latest (2024): $462 · +5.1% YoY. Source: county tax records.