1249 14th Pl SW · Birmingham, AL 35211

$35,000

3 bd · 1.0 ba · 1,176 sqft · SingleFamily public records · 5 Days on market

Built 1930 6,969 sqft lot $30/sqft · 50% 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
• 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 MLS

Discover this charming three-bedroom, one-bath home conveniently located near the desirable Green Springs area of Birmingham. Enjoy relaxing mornings on the spacious covered front porch and take advantage of the generously sized backyard—perfect for entertaining, gardening, or pets. Inside, you’ll find thoughtful updates completed over the years, including refreshed kitchen cabinets and countertops, along with a modern electrical breaker panel for added peace of mind. Don’t miss your opportunity to see this inviting home—schedule your private showing today before it’s gone!

Key facts

• Solid foundation
• 6,969 sq ft lot
• Built 1930

Tags

• SOLID FOUNDATION
• FLAT AND LEVEL SPACIOUS LOT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $717 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Cap rate 30.9% 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-, schools F, crime 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.
• Market conditions: Rents soft (-0.0%/yr); 152 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 42% of the median local income ($35k/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 $242 of loan paydown is wiped out by about $1k 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 + 0.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $20k; list at $35k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — 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 $35,000

Questions for the listing agent

1. Built in 1930 — 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. 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: 3.49% ✓
• Cap rate: 30.89%
• Cash-on-cash: 87.85%
• DSCR: 4.91
• GRM: 2.4

CMA / ARV

• ARV (median comp): $70,658
• List price: $35,000
• Delta: -52.45%
• 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
1245 15th St SW	0.07mi	3/1.0	1,002 (-15%)	6mo	$12,500	$12	68
600 Pride Way SW	0.67mi	3/1.0	1,191 (+1%)	6mo	$80,000	$67	62
1245 16th St SW	0.27mi	3/2.0	1,336 (+14%)	5mo	$145,000	$109	57
809 11th St SW	0.67mi	2/1.0 (-1)	1,113 (-5%)	0mo	$7,500	$7	54
1527 14th St	0.56mi	3/2.0	1,088 (-8%)	5mo	$105,000	$97	53
1557 Pearson Ave SW	0.56mi	3/2.0	1,168 (-1%)	21mo	$33,200	$28	52
1257 16th Pl SW	0.35mi	3/1.0	1,036 (-12%)	15mo	$40,000	$39	51
529 15th Pl SW	0.75mi	3/1.0	1,178 (+0%)	16mo	$46,000	$39	51
1609 SW Jefferson Ave	0.45mi	3/1.0	1,302 (+11%)	13mo	$61,000	$47	50
232 11th Ave SW	0.74mi	3/1.0	1,192 (+1%)	17mo	$90,000	$76	49
1501 Princeton Ave SW	0.70mi	3/2.0	1,260 (+7%)	14mo	$129,900	$103	40
1516 16th Way SW	0.72mi	3/1.0	1,038 (-12%)	9mo	$125,000	$120	39

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 85.0%
• Equity multiple: 4.72×
• Total profit: $36,460
• Equity at exit: $5,219

10-year hold

• IRR: 87.5%
• Equity multiple: 8.84×
• Total profit: $76,827
• Equity at exit: $3,026

Cash invested: $9,800 (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 35211

• Rents YoY: -0.0%
• Active inventory: 152
• Price-to-rent: 2.4×

Monthly cashflow live

• Estimated rent: $1,223 high
• Mortgage (P&I): −$184
• Tax from tax record: −$51 /mo · $608/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $717

Break-even live

Break-even rent $315

Max offer price $35,000

Occupancy floor 36%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1256 15th St SW Birmingham, AL	3.0	1.0	1206	$1,300	$1.08	3d	1	0.09mi
1332 15th Pl SW Birmingham, AL	2.0	1.0	1115	$950	$0.85	3d	1	0.17mi
1508 Dennison Ave SW Birmingham, AL	2.0	1.0	924	$890	$0.96	43d	1	0.22mi
1233 15th Way SW Birmingham, AL	3.0	1.0	1119	$1,050	$0.94	43d	1	0.22mi
1136 15th St SW Birmingham, AL	4.0	2.0	1296	$1,395	$1.08	23d	1	0.24mi
916 14th St SW Unit A Birmingham, AL	2.0	1.0	870	$800	$0.92	23d	1	0.43mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	870	$800	$0.92	43d	1	0.43mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	800	$800	$1.00	11d	1	0.43mi
1620 Alemeda Ave SW Birmingham, AL	3.0	2.0	1314	$1,295	$0.99	2d	1	0.46mi
1100 Cotton Ave SW Unit b Birmingham, AL	2.0	1.5	816	$988	$1.21	43d	1	0.72mi
1000 17th Pl SW Birmingham, AL	3.0	2.0	1200	$1,275	$1.06	19d	1	0.73mi
1501 Princeton Ave SW Birmingham, AL	3.0	2.0	1260	$1,350	$1.07	44d	1	0.74mi
1012 Cotton Ave SW Birmingham, AL	3.0	1.0	1232	$1,000	$0.81	43d	1	0.75mi
521 16th St SW Unit 523 Birmingham, AL	2.0	1.0	800	$800	$1.00	43d	1	0.81mi
1217 Fulton Ave SW Birmingham, AL	4.0	2.0	1397	$1,395	$1.00	43d	1	0.86mi
1228 Fulton Ave SW Birmingham, AL	2.0	1.0	900	$800	$0.89	44d	1	0.88mi
261 3rd Ave SW Birmingham, AL	1.0–2.0	1.0	634	$850	$1.34	3d	14	0.89mi
1734 Lee Ave SW Birmingham, AL	4.0	1.0	1142	$1,150	$1.01	19d	1	0.92mi
856 Center Way SW Birmingham, AL	3.0	2.0	1142	$1,200	$1.05	43d	1	0.95mi
1728 Princeton Ave SW Birmingham, AL	4.0	2.0	1334	$1,300	$0.97	43d	1	0.96mi
1220 Alabama Ave SW Birmingham, AL	3.0	1.5	1175	$1,350	$1.15	43d	1	0.97mi
405 11th St SW Unit B Birmingham, AL	2.0	1.0	1065	$800	$0.75	43d	1	0.99mi
1437 Woodland Ave SW Birmingham, AL	3.0	1.0	1369	$1,100	$0.80	3d	1	1.00mi
1645 Woodland Ave SW Birmingham, AL	4.0	2.0	1298	$1,300	$1.00	19d	1	1.04mi
401 Skyview Dr Birmingham, AL	2.0	1.0	864	$950	$1.10	43d	1	1.06mi
741 Center Pl SW Birmingham, AL	3.0	1.0	1101	$1,250	$1.14	16d	1	1.06mi
1816 Saint Charles Ave SW Birmingham, AL	3.0	1.0	1395	$1,295	$0.93	23d	1	1.07mi
218 Olympia Dr Homewood, AL	1.0–3.0	1.0–2.5	958	$1,659	$1.73	1d	33	1.10mi
1800 Woodland Ave SW Birmingham, AL	4.0	1.0	1411	$1,195	$0.85	2d	1	1.13mi
1252 18th Pl SW Birmingham, AL	3.0	1.0	950	$1,000	$1.05	16d	1	1.13mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	11d	1	1.14mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	21d	1	1.14mi
719 Washington Ave SW Birmingham, AL	3.0	1.0	1064	$950	$0.89	11d	1	1.17mi
12 4th Ave SW Unit 1 Birmingham, AL	3.0	1.0	1336	$1,100	$0.82	43d	1	1.18mi
132 17th St SW Birmingham, AL	2.0	1.0	738	$945	$1.28	43d	1	1.18mi
1319 18th Way SW Birmingham, AL	4.0	2.0	1337	$1,345	$1.01	23d	1	1.19mi
1537 18th St SW Birmingham, AL	3.0	1.0	1049	$1,130	$1.08	43d	1	1.25mi
644 Alabama Ave SW Birmingham, AL	3.0	1.0	1274	$1,125	$0.88	23d	1	1.27mi
1209 19th Pl SW Birmingham, AL	3.0	1.0	1050	$1,275	$1.21	43d	1	1.28mi
1544 18th St SW Birmingham, AL	3.0	1.0	950	$1,130	$1.19	43d	1	1.29mi

Listing history 9 events

1. 2026-06-07
   status $35,000 Pending 5 DOM
2. 2026-06-03
   days on market $35,000 Active 5 DOM
3. 2026-06-02
   days on market $35,000 Active 4 DOM
4. 2026-06-01
   days on market $35,000 Active 3 DOM
5. 2026-05-31
   days on market $35,000 Active 2 DOM
6. 2026-05-02
   price $33,600 610-char remark

   Show marketing remark (610 chars)

   Discover this charming three-bedroom, one-bath home conveniently located near the desirable Green Springs area of Birmingham. Enjoy relaxing mornings on the spacious covered front porch and take advantage of the generously sized backyard—perfect for entertaining, gardening, or pets. Inside, you’ll find thoughtful updates completed over the years, including refreshed kitchen cabinets and countertops, along with a modern electrical breaker panel for added peace of mind. Don’t miss your opportunity to see this inviting home—schedule your private showing today before it’s gone!

7. 2026-04-02
   price $35,300 610-char remark

   Show marketing remark (610 chars)

   Discover this charming three-bedroom, one-bath home conveniently located near the desirable Green Springs area of Birmingham. Enjoy relaxing mornings on the spacious covered front porch and take advantage of the generously sized backyard—perfect for entertaining, gardening, or pets. Inside, you’ll find thoughtful updates completed over the years, including refreshed kitchen cabinets and countertops, along with a modern electrical breaker panel for added peace of mind. Don’t miss your opportunity to see this inviting home—schedule your private showing today before it’s gone!

8. 2026-03-03
   listed $37,100 Active 610-char remark

   Show marketing remark (610 chars)

   Discover this charming three-bedroom, one-bath home conveniently located near the desirable Green Springs area of Birmingham. Enjoy relaxing mornings on the spacious covered front porch and take advantage of the generously sized backyard—perfect for entertaining, gardening, or pets. Inside, you’ll find thoughtful updates completed over the years, including refreshed kitchen cabinets and countertops, along with a modern electrical breaker panel for added peace of mind. Don’t miss your opportunity to see this inviting home—schedule your private showing today before it’s gone!

9. 1989-12-12
   soldstatus $20,000

ⓘ 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: $608 · $51/mo
• Projected year-2 tax: $608 · $51/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 2/10 Low
• 🌡 Heat 7/10 Severe 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: $14,676
• − Mortgage interest: −$1,961
• − Property taxes: −$608
• − Insurance: −$175
• − Repairs & maintenance: −$1,174
• − Management: −$1,174
• − Depreciation: −$1,018
• Taxable income: $8,567
• Est. tax owed @ 24.0%: −$2,056
• After-tax cash flow: $6,553/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): 24,924
• Household income: $34,884
• Rent vs Own: 59.7% rent · 40.3% own
• Severe rent burden: 2161.0

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 (77%)
• Race & ethnicity: Black 77% White 10% Hispanic / Latino 10% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 8% 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: ▼ -49.29%
• Current HPI: 91.2903
• Rent YoY: ▬ -0.01%
• 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

+68.0% since first listed

4 events — show timeline

• 2026-05-02 Price Changed $33,600 Greater Alabama MLS
• 2026-04-02 Price Changed $35,300 Greater Alabama MLS
• 2026-03-03 Listed $37,100 Greater Alabama MLS
• 1989-12-12 Sold (Public Records) $20,000 Public Records

Property tax history

+12.4%/yr

Latest (2025): $608 · -27.9% YoY. Source: county tax records.