901 Meadowbrook Dr · Birmingham, AL 35215

$89,900

3 bd · 1.0 ba · 1,006 sqft · SingleFamily public records · 65 Days on market

Built 1951 0.25 ac lot $89/sqft · 14% below area Est $104k · 14% under

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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
• ARV discount +13.7/15.0
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this inviting Birmingham residence offering comfort, character, and great potential in a well-established neighborhood. A welcoming front porch sets the tone for relaxed mornings, while a spacious rear deck provides the perfect setting for outdoor entertaining and gatherings. Inside, the living room features a cozy fireplace that serves as the focal point, creating a warm and inviting atmosphere. The home offers a functional layout with 3 bedrooms and 1 full bathroom, designed to accommodate a variety of living needs. Natural light flows throughout the interior, enhancing the sense of space and openness. With its solid structure and classic features, this property presents a wonderful opportunity to add your personal style and updates over time. Conveniently located near schools, shopping, dining, and major commuter routes, it combines everyday accessibility with neighborhood charm. Ideal for both homeowners and investors seeking value and long-term potential.

Key facts

• Classic features
• Front porch
• Natural light

Tags

• FRONT PORCH
• REAR DECK
• COZY FIREPLACE
• NATURAL LIGHT
• SOLID STRUCTURE
• CLASSIC FEATURES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $367 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $85k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.2% 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-, 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 rising (+3.0%/yr); 333 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1951 — 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 $84,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.38% ✓
• Cap rate: 11.19%
• Cash-on-cash: 17.50%
• DSCR: 1.78
• GRM: 6.0

CMA / ARV

• ARV (median comp): $104,184
• List price: $89,900
• Delta: -13.71%
• 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
936 Parkway Dr	0.13mi	2/1.0 (-1)	1,062 (+6%)	3mo	$104,500	$98	77
808 Meadowbrook Dr	0.12mi	3/1.0	1,112 (+10%)	1mo	$149,900	$135	76
912 Shelton St	0.11mi	3/1.0	1,078 (+7%)	16mo	$95,000	$88	70
437 Dalton Dr	0.49mi	3/2.0	1,002 (-0%)	4mo	$103,000	$103	69
508 Camellia Rd	0.44mi	3/1.0	1,048 (+4%)	6mo	$20,000	$19	67
829 Meadowbrook Dr	0.04mi	3/1.0	1,147 (+14%)	16mo	$70,000	$61	62
744 Rose Dr NE	0.75mi	3/1.0	1,008 (+0%)	5mo	$135,000	$134	61
940 Meadowbrook Dr	0.15mi	4/1.0 (+1)	1,149 (+14%)	6mo	$108,000	$94	59
201 Carol Dr	0.63mi	3/1.0	1,096 (+9%)	2mo	$154,000	$141	54
153 Rose Dr	0.74mi	3/1.0	984 (-2%)	12mo	$119,000	$121	52
604 Annie Laura Dr	0.47mi	3/1.0	1,142 (+14%)	12mo	$88,000	$77	45
827 Hillcrest Rd	0.70mi	3/2.0	1,151 (+14%)	9mo	$157,500	$137	32

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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: 9.0%
• Equity multiple: 1.35×
• Total profit: $8,869
• Equity at exit: $13,404

10-year hold

• IRR: 18.2%
• Equity multiple: 2.51×
• Total profit: $38,077
• Equity at exit: $7,773

Cash invested: $25,172 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 333
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,239 high
• Mortgage (P&I): −$471
• Tax from tax record: −$103 /mo · $1,232/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $367

Break-even live

Break-even rent $774

Max offer price $89,900

Occupancy floor 65%

Sensitivity live

Price	-10% $418	-5% $392	+0% $367	+5% $342	+10% $316
Rent	-10% $269	-5% $318	+0% $367	+5% $416	+10% $465
Rate	-1.0pp $412	-0.5pp $390	base $367	+0.5pp $344	+1.0pp $320

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
912 Meadowbrook Dr Birmingham, AL	3.0	1.0	1178	$1,100	$0.93	45d	1	0.07mi
832 Meadowbrook Dr Birmingham, AL	3.0	2.0	1228	$1,225	$1.00	25d	1	0.08mi
818 Sunset Dr Birmingham, AL	3.0	1.0	992	$1,000	$1.01	45d	1	0.10mi
940 Meadowbrook Dr Birmingham, AL	4.0	1.0	1149	$1,300	$1.13	45d	1	0.13mi
932 Five Mile Rd Birmingham, AL	3.0	1.5	1200	$1,175	$0.98	20d	1	0.21mi
945 Elizabeth Dr Birmingham, AL	3.0	1.0	1227	$1,125	$0.92	4d	1	0.26mi
520 Camellia Rd Birmingham, AL	3.0	1.0	1053	$1,100	$1.04	4d	1	0.44mi
628 Annie Laura Dr Birmingham, AL	3.0	1.0	844	$1,195	$1.42	45d	1	0.45mi
529 Robison Dr Birmingham, AL	2.0	1.0	960	$960	$1.00	22d	1	0.47mi
736 Gene Reed Rd Birmingham, AL	3.0	2.0	1353	$1,220	$0.90	45d	1	0.59mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	13d	1	0.61mi
603 Camp Ct Birmingham, AL	3.0	1.0	936	$1,300	$1.39	45d	1	0.69mi
216 Sanford Dr Birmingham, AL	3.0	1.5	1134	$1,200	$1.06	45d	1	0.72mi
201 Rose Dr Birmingham, AL	3.0	1.0	972	$1,100	$1.13	17d	1	0.72mi
208 Sam Pate Dr Birmingham, AL	3.0	2.0	988	$1,385	$1.40	3d	1	0.73mi
957 Hickory Cir Birmingham, AL	3.0	2.0	1364	$1,195	$0.88	4d	1	0.77mi
433 Orchid Rd Birmingham, AL	3.0	1.0	1162	$1,255	$1.08	17d	1	0.79mi
726 Orchard Rd Birmingham, AL	3.0	1.0	1120	$1,095	$0.98	45d	1	0.80mi
837 Wear Dr Birmingham, AL	3.0	2.0	936	$1,295	$1.38	3d	1	0.87mi
120 Shawnee Ln NW Birmingham, AL	3.0	1.0	1120	$1,075	$0.96	45d	1	0.91mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	4d	1	0.91mi
252 Westwood Dr Birmingham, AL	3.0	1.5	1124	$1,400	$1.25	3d	1	0.93mi
9844 Greenlee Rd Birmingham, AL	3.0	1.0	1046	$950	$0.91	45d	1	0.95mi
9228 Brookhurst Dr Birmingham, AL	3.0	1.0	1146	$999	$0.87	45d	1	0.96mi
217 Killough Dr Birmingham, AL	3.0	2.0	1212	$1,200	$0.99	16d	1	0.98mi
848 Old Trail Rd Birmingham, AL	2.0	1.5	930	$925	$0.99	25d	1	0.99mi
221 Lawson Rd Birmingham, AL	3.0	1.5	1102	$1,325	$1.20	25d	1	1.00mi
1153 Linwood St Birmingham, AL	3.0	2.0	1250	$1,295	$1.04	4d	1	1.01mi
316 Pine St Birmingham, AL	3.0	1.0	1232	$1,100	$0.89	45d	1	1.02mi
204 McCormick Ave Birmingham, AL	3.0	1.0	880	$980	$1.11	4d	1	1.02mi
252 Meadowdale Ave Birmingham, AL	3.0	1.0	920	$995	$1.08	45d	1	1.05mi
925 Eldorado Dr Birmingham, AL	3.0	1.0	1312	$1,231	$0.94	45d	1	1.09mi
1225 Birchwood St Birmingham, AL	3.0	2.0	1092	$1,175	$1.08	4d	1	1.10mi
209 Tucker Ave Birmingham, AL	3.0	1.0	1044	$1,100	$1.05	45d	1	1.11mi
1232 Oakwood St Birmingham, AL	3.0	1.5	1301	$1,223	$0.94	25d	1	1.12mi
1237 Linwood St Birmingham, AL	3.0	1.5	1066	$995	$0.93	45d	1	1.15mi
600 Sundale Dr Birmingham, AL	2.0	1.0	950	$800	$0.84	45d	1	1.16mi
1301 5th Pl NW Center Point, AL	3.0	1.0	1170	$1,100	$0.94	4d	1	1.18mi
400 13th Ave NW Birmingham, AL	2.0	1.0	1100	$890	$0.81	45d	1	1.18mi
1028 Broadmoor Dr Birmingham, AL	3.0	1.0	1079	$1,085	$1.01	4d	1	1.18mi

Listing history 23 events

1. 2026-06-21
   days on market $89,900 Active 65 DOM
2. 2026-06-18
   days on market $89,900 Active 62 DOM
3. 2026-06-17
   days on market $89,900 Active 61 DOM
4. 2026-06-16
   days on market $89,900 Active 60 DOM
5. 2026-06-15
   days on market $89,900 Active 59 DOM
6. 2026-06-13
   days on market $89,900 Active 57 DOM
7. 2026-06-10
   days on market $89,900 Active 54 DOM
8. 2026-06-09
   days on market $89,900 Active 53 DOM
9. 2026-06-08
   days on market $89,900 Active 52 DOM
10. 2026-06-07
    days on market $89,900 Active 51 DOM
11. 2026-06-03
    days on market $89,900 Active 47 DOM
12. 2026-06-02
    days on market $89,900 Active 46 DOM
13. 2026-06-01
    days on market $89,900 Active 45 DOM
14. 2026-05-31
    days on market $89,900 Active 44 DOM
15. 2026-04-15
    listed $89,900 Active 985-char remark

    Show marketing remark (985 chars)

    Welcome to this inviting Birmingham residence offering comfort, character, and great potential in a well-established neighborhood. A welcoming front porch sets the tone for relaxed mornings, while a spacious rear deck provides the perfect setting for outdoor entertaining and gatherings. Inside, the living room features a cozy fireplace that serves as the focal point, creating a warm and inviting atmosphere. The home offers a functional layout with 3 bedrooms and 1 full bathroom, designed to accommodate a variety of living needs. Natural light flows throughout the interior, enhancing the sense of space and openness. With its solid structure and classic features, this property presents a wonderful opportunity to add your personal style and updates over time. Conveniently located near schools, shopping, dining, and major commuter routes, it combines everyday accessibility with neighborhood charm. Ideal for both homeowners and investors seeking value and long-term potential.

16. 2026-01-08
    historical $1,050
17. 2025-12-19
    soldstatus $951,400
18. 2025-06-29
    listed $1,050
19. 2022-04-16
    price $950
20. 2018-10-25
    soldstatus $42,500
21. 2010-03-31
    soldstatus $48,500
22. 1998-12-17
    soldstatus $60,900
23. 1987-06-15
    soldstatus $35,000

ⓘ 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: $1,232 · $103/mo
• Projected year-2 tax: $1,232 · $103/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,865
• − Mortgage interest: −$5,036
• − Property taxes: −$1,232
• − Insurance: −$450
• − Repairs & maintenance: −$1,189
• − Management: −$1,189
• − Depreciation: −$2,615
• Taxable income: $3,153
• Est. tax owed @ 24.0%: −$757
• After-tax cash flow: $3,647/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): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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 (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% 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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• 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

+156.9% since first listed

9 events — show timeline

• 2026-04-15 Listed $89,900 Greater Alabama MLS
• 2026-01-08 Rental Removed $1,050 APPFOLIO
• 2025-12-19 Sold (Public Records) $951,400 Public Records
• 2025-06-29 Listed for Rent $1,050 APPFOLIO
• 2022-04-16 Price Changed $950 RENT.
• 2018-10-25 Sold (Public Records) $42,500 Public Records
• 2010-03-31 Sold (Public Records) $48,500 Public Records
• 1998-12-17 Sold (Public Records) $60,900 Public Records
• 1987-06-15 Sold (Public Records) $35,000 Public Records

Property tax history

+4.3%/yr

Latest (2025): $1,232 · +4.0% YoY. Source: county tax records.