1021 Amy Dr NE · Birmingham, AL 35215

$130,000

3 bd · 1.0 ba · 1,324 sqft · SingleFamily public records · 29 Days on market

Built 1963 0.27 ac lot Est $181k · 28% 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 +25.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.7/10.0
• 1% rule +6.4/10.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor special with income potential! This 4-bedroom, 1-bath home offers a great opportunity for investors or buyers looking to add their personal touch. Featuring both front and back decks, this property provides plenty of outdoor space for relaxing or entertaining. Conveniently located in an established area with easy access to shopping, dining, schools, and major roadways. With strong rental potential, this home would make an excellent addition to an investment portfolio or a great starter home. Don’t miss the chance to turn this property into something special!

Key facts

• Front and back decks
• Outdoor space
• 0.27 acre lot

Tags

• FRONT AND BACK DECKS
• OUTDOOR SPACE
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING
• EASY ACCESS TO SCHOOLS
• EASY ACCESS TO MAJOR ROADWAYS

Property features AI

Exterior

• Parking: Driveway parking
• Utilities: Public water; Septic system; Internet service available; Electric water heater
• Home design: Existing single-family construction; Vinyl siding; Basement foundation; Lot approximately 0.27 acres; Not waterfront; No pool
• Construction: Vinyl siding construction; Basement foundation (concrete block); Year built: existing
• Exterior features: Porch; Open deck

Interior

• Kitchen: Dishwasher (built-in); Solid surface countertops
• Bedrooms: Master bedroom on main level; Multiple additional bedrooms on main level (total bedrooms listed)
• Flooring: Hardwood laminate
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Smooth ceilings; Hardwood laminate floors; Solid surface kitchen countertops; Built-in dishwasher; Partial, unfinished concrete block basement
• Laundry & utility: Laundry room on the main level; Washer hookup; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $265 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.3% 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.
• 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: Pinson Elementary School (801 students, 54% FRL); Pinson Valley High School (math 6% / reading 17%, grade F, #246 of 305 statewide, top 81%, 1,029 students, 81% FRL) — zoned schools average 68% FRL vs 49% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.0%/yr); 334 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 34% of the median local income ($53k/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 $899 of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $70k; list at $130k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk; 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 $128,050 (1.5% below list)

Questions for the listing agent

1. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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?
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: 1.14% ✓
• Cap rate: 9.25%
• Cash-on-cash: 10.57%
• DSCR: 1.47
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $181,388
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4437 Silver Lake Rd	0.29mi	3/1.0	1,338 (+1%)	5mo	$182,900	$137	80
308 Saint John Rd NW	0.58mi	3/2.0	1,277 (-4%)	3mo	$209,900	$164	61
3329 Flynt Ln	0.35mi	3/2.0	1,416 (+7%)	10mo	$250,000	$177	59
4509 Oak Dr	0.41mi	4/2.0 (+1)	1,430 (+8%)	9mo	$165,000	$115	51
204 Saint John Dr NW	0.58mi	2/2.0 (-1)	1,253 (-5%)	6mo	$168,000	$134	50
4018 Saint John Way NW	0.69mi	3/2.0	1,400 (+6%)	6mo	$185,000	$132	49
321 Saint John Rd NW	0.63mi	3/2.0	1,182 (-11%)	1mo	$191,900	$162	48
5841 Princess Blvd	0.61mi	2/2.0 (-1)	1,253 (-5%)	7mo	$150,000	$120	48
5943 Princess Blvd	0.73mi	3/2.5	1,426 (+8%)	2mo	$226,900	$159	45
149 Martin Dr	0.55mi	3/2.0	1,164 (-12%)	11mo	$159,000	$137	41
3914 Caylan Cv	0.71mi	2/2.0 (-1)	1,171 (-12%)	3mo	$185,000	$158	36
5947 Princess Blvd	0.74mi	2/2.0 (-1)	1,171 (-12%)	10mo	$160,000	$137	29

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: -3.0%
• Equity multiple: 0.89×
• Total profit: $-4,085
• Equity at exit: $19,383

10-year hold

• IRR: 6.8%
• Equity multiple: 1.51×
• Total profit: $18,555
• Equity at exit: $11,240

Cash invested: $36,400 (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: 334
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,485 high
• Mortgage (P&I): −$682
• Tax from tax record: −$117 /mo · $1,399/yr
• Insurance: −$54
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $265

Break-even live

Break-even rent $1,149

Max offer price $130,000

Occupancy floor 77%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4246 Centerwood Dr Birmingham, AL	3.0	2.0	1336	$1,450	$1.09	15d	1	0.31mi
3104 Cobblestone Dr Birmingham, AL	3.0	1.5	1533	$1,516	$0.99	2d	1	0.37mi
149 Martin Dr Birmingham, AL	3.0	2.0	1164	$1,485	$1.28	23d	1	0.58mi
212 Saint John Dr NW Birmingham, AL	2.0	2.0	1445	$1,423	$0.98	14d	1	0.61mi
4205 Silver Lake Rd Unit 4205 Pinson, AL	2.0	1.0	1210	$1,200	$0.99	14d	1	0.78mi
5992 Princess Blvd Birmingham, AL	3.0	2.0	1454	$1,661	$1.14	43d	1	0.79mi
1104 Oak Creek Trl NE Birmingham, AL	3.0	2.0	1233	$1,543	$1.25	1d	1	1.11mi
3073 Panorama E Birmingham, AL	1.0–3.0	1.0–2.0	975	$1,275	$1.31	1d	20	1.15mi
3309 Chase Ln Unit 3309 Birmingham, AL	2.0	2.0	1068	$1,000	$0.94	43d	1	1.29mi
5944 Tyler Loop Rd Pinson, AL	3.0	2.0	1247	$1,485	$1.19	23d	1	1.31mi
4464 Winchester Hills Ln Pinson, AL	3.0	2.0	1500	$1,750	$1.17	11d	1	1.32mi
4464 Winchester Hills Way Birmingham, AL	3.0	2.0	1178	$1,750	$1.49	43d	1	1.33mi
202 Westchester Dr Birmingham, AL	4.0	2.0	1374	$1,300	$0.95	23d	1	1.37mi

Listing history 18 events

1. 2026-06-18
   days on market $130,000 Active 29 DOM
2. 2026-06-17
   days on market $130,000 Active 28 DOM
3. 2026-06-16
   days on market $130,000 Active 27 DOM
4. 2026-06-15
   price $130,000 Active 26 DOM
5. 2026-06-15
   days on market $140,000 Active 26 DOM
6. 2026-06-13
   days on market $140,000 Active 24 DOM
7. 2026-06-10
   days on market $140,000 Active 21 DOM
8. 2026-06-09
   days on market $140,000 Active 20 DOM
9. 2026-06-08
   days on market $140,000 Active 19 DOM
10. 2026-06-07
    days on market $140,000 Active 18 DOM
11. 2026-06-03
    days on market $140,000 Active 14 DOM
12. 2026-06-02
    days on market $140,000 Active 13 DOM
13. 2026-06-01
    days on market $140,000 Active 12 DOM
14. 2026-05-31
    days on market $140,000 Active 11 DOM
15. 2026-05-20
    listed $140,000 Active
16. 2022-09-15
    soldstatus $70,000
17. 2021-12-02
    price $108,000
18. 2010-11-05
    soldstatus $74,950

ⓘ 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: $1,399 · $117/mo
• Projected year-2 tax: $1,399 · $117/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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 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 6 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,821
• − Mortgage interest: −$7,282
• − Property taxes: −$1,399
• − Insurance: −$1,316
• − Repairs & maintenance: −$1,426
• − Management: −$1,426
• − Depreciation: −$3,782
• Taxable income: $1,191
• Est. tax owed @ 24.0%: −$286
• After-tax cash flow: $2,897/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 — 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

• County: Jefferson County · 527,445 people
• City population: 43,903
• 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

+86.8% since first listed

4 events — show timeline

• 2026-05-20 Listed $140,000 Greater Alabama MLS
• 2022-09-15 Sold (Public Records) $70,000 Public Records
• 2021-12-02 Price Changed $108,000 Greater Alabama MLS
• 2010-11-05 Sold (Public Records) $74,950 Public Records

Property tax history

+7.1%/yr

Latest (2025): $1,399 · +0.0% YoY. Source: county tax records.