1177 Hall St · Tarrant, AL 35217

$82,000

3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 127 Days on market

Built 1930 4,791 sqft lot $79/sqft · 9% above area Est $75k · 9% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Rent growth +3.4/5.0
• ARV discount +3.3/15.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great 3 bedroom, one bath home with detached 2 car garage on quiet street. New roof on house and detached garage 2022. REEM HVAC 2019, water heater 2026. Wood floor throughout. Large laundry room. Garage is accessible from alley that runs by side of house.

Key facts

• Large laundry room
• New roof
• Detached garage

Tags

• DETACHED GARAGE
• NEW ROOF
• LARGE LAUNDRY ROOM
• ACCESSIBLE FROM ALLEY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $82k.

Deal economics

• At list price, monthly cash flow is $306 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $82k).
• Recommended offer: $72k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 51/100 on livability (#507 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, schools F, amenities F.
• Tarrant City (suburban): math 4% / reading 17% proficiency, ranked #121 of 129 in AL (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 89% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.6%/yr); 94 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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 32% of the median local income ($40k/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 $567 of loan paydown is wiped out by about $2k 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 + 3.6% rent growth), your $23k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($72k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago; this cycle's ask has dropped $8k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $44k; list at $82k implies a 86% 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→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,160 (12.0% below list)

Questions for the listing agent

1. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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. 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: 1.30% ✓
• Cap rate: 10.77%
• Cash-on-cash: 16.01%
• DSCR: 1.71
• GRM: 6.4

CMA / ARV

• ARV (median comp): $75,028
• List price: $82,000
• Delta: 9.29%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
817 Jackson Blvd	0.33mi	3/1.0	1,025 (-1%)	1mo	$114,429	$112	82
621 Bell Ave	0.55mi	3/1.0	1,008 (-2%)	1mo	$68,000	$67	70
1104 Jackson Blvd	0.03mi	3/2.0	1,128 (+9%)	13mo	$116,000	$103	68
4208 50th Ave N	0.39mi	3/1.0	1,104 (+7%)	7mo	$67,500	$61	64
1045 Waverly St	0.56mi	3/1.0	1,014 (-2%)	9mo	$65,000	$64	64
725 Fulton Ave	0.43mi	3/1.0	1,110 (+8%)	5mo	$80,050	$72	63
4300 Pulaski St	0.69mi	2/1.0 (-1)	1,045 (+1%)	1mo	$45,000	$43	60
1412 Elizabeth Ave	0.69mi	3/1.0	1,096 (+6%)	14mo	$32,500	$30	46
1545 Wharton Ave	0.66mi	3/1.0	1,132 (+10%)	14mo	$22,750	$20	42
1316 Spring St	0.61mi	2/1.0 (-1)	920 (-11%)	8mo	$34,000	$37	42
1525 Mountain Dr	0.70mi	2/1.0 (-1)	1,120 (+8%)	12mo	$42,000	$38	38
1029 Etowah St	0.64mi	2/1.0 (-1)	928 (-10%)	14mo	$55,000	$59	37

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 · 3.58% rent growth · sell at horizon

5-year hold

• IRR: 7.6%
• Equity multiple: 1.30×
• Total profit: $6,839
• Equity at exit: $12,226

10-year hold

• IRR: 17.3%
• Equity multiple: 2.47×
• Total profit: $33,650
• Equity at exit: $7,090

Cash invested: $22,960 (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 35217

• Rents YoY: 3.6%
• Active inventory: 94
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,064 high
• Mortgage (P&I): −$430
• Tax from tax record: −$70 /mo · $841/yr
• Insurance: −$34
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $306

Break-even live

Break-even rent $676

Max offer price $82,000

Occupancy floor 66%

Sensitivity live

Price	-10% $353	-5% $329	+0% $306	+5% $283	+10% $260
Rent	-10% $222	-5% $264	+0% $306	+5% $348	+10% $390
Rate	-1.0pp $348	-0.5pp $327	base $306	+0.5pp $285	+1.0pp $263

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: $20,500
• Closing costs: $2,460
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1120 Hall St Birmingham, AL	2.0	1.0	887	$775	$0.87	44d	1	0.08mi
1043 Jackson Blvd Birmingham, AL	4.0	2.0	1300	$1,095	$0.84	15d	1	0.08mi
1116 Hall St Birmingham, AL	2.0	1.0	887	$775	$0.87	44d	1	0.09mi
1224 Maple St Birmingham, AL	2.0	1.0	812	$690	$0.85	20d	1	0.12mi
1113 Elm Ave Unit c Birmingham, AL	2.0	1.0	800	$749	$0.94	44d	1	0.15mi
1237 Elm Ave Birmingham, AL	2.0	1.5	1312	$1,150	$0.88	44d	1	0.17mi
1137 Sloan Ave Birmingham, AL	2.0	1.0	750	$750	$1.00	15d	1	0.31mi
4101 50th Ave N Unit B Birmingham, AL	2.0	1.0	850	$900	$1.06	44d	1	0.36mi
5015 42nd Pl N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	44d	1	0.39mi
4208 50th Ave N Birmingham, AL	3.0	1.0	1104	$1,200	$1.09	44d	1	0.40mi
1415 Virginia St Birmingham, AL	2.0	1.0	781	$650	$0.83	44d	1	0.41mi
732 Fulton Ave Birmingham, AL	4.0	2.0	1320	$1,450	$1.10	44d	1	0.42mi
1249 Waverly St Birmingham, AL	3.0	1.0	1260	$1,000	$0.79	44d	1	0.44mi
5025 43rd Pl N Birmingham, AL	4.0	2.0	1017	$1,300	$1.28	44d	1	0.45mi
1401 Wharton Ave Birmingham, AL	2.0	1.0	1104	$950	$0.86	20d	1	0.45mi
1439 Sloan Ave Birmingham, AL	3.0	1.0	936	$900	$0.96	44d	1	0.50mi
1045 Waverly St Birmingham, AL	3.0	1.0	1014	$1,000	$0.99	44d	1	0.55mi
4925 43rd Way N Birmingham, AL	3.0	2.0	1232	$1,461	$1.19	2d	1	0.59mi
4329 Harmon St Birmingham, AL	3.0	1.0	1227	$950	$0.77	44d	1	0.60mi
4329 Harmon St Birmingham, AL	3.0	1.0	1227	$950	$0.77	4d	1	0.60mi
1316 Spring St Birmingham, AL	2.0	1.0	920	$1,195	$1.30	4d	1	0.63mi
4549 40th Pl N Birmingham, AL	2.0	1.0	728	$850	$1.17	44d	1	0.64mi
4329 Pulaski St Birmingham, AL	3.0	2.0	1240	$1,353	$1.09	24d	1	0.65mi
4344 Pulaski St Birmingham, AL	3.0	1.0	1268	$1,050	$0.83	44d	1	0.66mi
4301 Greenwood St Birmingham, AL	3.0	1.0	1140	$1,025	$0.90	4d	1	0.74mi
1076 Green St Birmingham, AL	3.0	1.0	1172	$1,050	$0.90	17d	1	0.77mi
1816 Damon Cir Birmingham, AL	3.0	1.0	1401	$1,153	$0.82	17d	1	0.81mi
4244 Jackson St Birmingham, AL	3.0	1.0	858	$1,100	$1.28	44d	1	0.84mi
1303 Main St Birmingham, AL	4.0	2.0	1432	$1,300	$0.91	44d	1	0.87mi
1731 Mountain Dr Birmingham, AL	3.0	1.0	1160	$975	$0.84	44d	1	0.89mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	44d	1	0.96mi
3823 43rd Ave N Birmingham, AL	3.0	2.0	1500	$1,200	$0.80	24d	1	0.96mi
4316 Gadsden St Birmingham, AL	2.0	1.0	1048	$1,100	$1.05	4d	1	0.97mi
4217 43rd Ave N Birmingham, AL	3.0	1.0	1140	$1,200	$1.05	4d	1	0.98mi
4400 43rd St N Birmingham, AL	3.0	1.0	1152	$850	$0.74	15d	1	1.02mi
4400 43rd St N Birmingham, AL	3.0	1.0	1152	$850	$0.74	44d	1	1.02mi
4317 41st Ave N Birmingham, AL	3.0	1.0	864	$1,000	$1.16	44d	1	1.11mi
4220 40th Ct N Birmingham, AL	3.0	1.0	948	$1,200	$1.27	44d	1	1.12mi
4028 40th Ave N Birmingham, AL	3.0	1.0	1186	$950	$0.80	44d	1	1.13mi
3708 42nd Ave N Birmingham, AL	3.0	1.0	876	$950	$1.08	44d	1	1.18mi

Listing history 29 events

1. 2026-06-18
   days on market $82,000 Active 127 DOM
2. 2026-06-17
   days on market $82,000 Active 126 DOM
3. 2026-06-16
   days on market $82,000 Active 125 DOM
4. 2026-06-15
   days on market $82,000 Active 124 DOM
5. 2026-06-13
   days on market $82,000 Active 122 DOM
6. 2026-06-10
   days on market $82,000 Active 119 DOM
7. 2026-06-09
   days on market $82,000 Active 118 DOM
8. 2026-06-08
   days on market $82,000 Active 117 DOM
9. 2026-06-07
   days on market $82,000 Active 116 DOM
10. 2026-06-05
    days on market $82,000 Active 113 DOM
11. 2026-06-03
    days on market $82,000 Active 112 DOM
12. 2026-06-02
    days on market $82,000 Active 111 DOM
13. 2026-06-01
    days on market $82,000 Active 110 DOM
14. 2026-05-31
    days on market $82,000 Active 109 DOM
15. 2026-05-12
    price $82,000 258-char remark

    Show marketing remark (258 chars)

    Great 3 bedroom, one bath home with detached 2 car garage on quiet street. New roof on house and detached garage 2022. REEM HVAC 2019, water heater 2026. Wood floor throughout. Large laundry room. Garage is accessible from alley that runs by side of house.

16. 2026-03-11
    price $85,000 258-char remark

    Show marketing remark (258 chars)

    Great 3 bedroom, one bath home with detached 2 car garage on quiet street. New roof on house and detached garage 2022. REEM HVAC 2019, water heater 2026. Wood floor throughout. Large laundry room. Garage is accessible from alley that runs by side of house.

17. 2026-02-11
    listed $90,000 Active 258-char remark

    Show marketing remark (258 chars)

    Great 3 bedroom, one bath home with detached 2 car garage on quiet street. New roof on house and detached garage 2022. REEM HVAC 2019, water heater 2026. Wood floor throughout. Large laundry room. Garage is accessible from alley that runs by side of house.

18. 2023-12-22
    soldstatus $44,000 Sold 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

19. 2023-12-21
    status Pending 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

20. 2023-10-26
    status Active 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

21. 2023-10-12
    status Pending 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

22. 2023-09-13
    price $49,900 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

23. 2023-09-07
    price $51,900 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

24. 2023-08-18
    price $52,900 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

25. 2023-07-25
    price $53,900 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

26. 2023-06-27
    listed $55,000 Active 155-char remark

    Show marketing remark (155 chars)

    Rented $750 per month - leased through 10/31/2023 but would like to stay on. Good rental property with long term tenants in the place that have been great.

27. 2022-11-10
    soldstatus $45,000
28. 2022-11-03
    soldstatus $45,000
29. 2022-10-01
    listed $45,000

ⓘ 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: $841 · $70/mo
• Projected year-2 tax: $841 · $70/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 5/10 Major 9 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,768
• − Mortgage interest: −$4,593
• − Property taxes: −$841
• − Insurance: −$410
• − Repairs & maintenance: −$1,021
• − Management: −$1,021
• − Depreciation: −$2,385
• Taxable income: $2,495
• Est. tax owed @ 24.0%: −$599
• After-tax cash flow: $3,076/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: Tarrant City
• NCES district ID: 0103270
• Math proficiency: 4% ▼ -14.00%
• Reading proficiency: 17% ▼ -2.00%
• Median HH income: $29,256
• Composite: 8.0/100
• National rank: #9924
• State rank: #121 of 129 in AL

Livability — Tarrant

• Score: 51/100
• State rank: #507
• US rank: #25136

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tarrant, AL
• County: Jefferson County · 527,445 people
• City population: 12,240
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 12,240
• Household income: $40,486
• Rent vs Own: 52.5% rent · 47.5% own
• Severe rent burden: 594.0

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 0.58)
• Race & ethnicity: Black 57% White 27% Hispanic / Latino 14% Two or more races 6%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 1%
• Foreign-born: 7% · Canada, Guatemala
• Languages at home: 86% English-only · Spanish 13%

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: ▼ -74.54%
• Current HPI: 117.416
• Rent YoY: ▲ 3.58%
• 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

+82.2% since first listed

15 events — show timeline

• 2026-05-12 Price Changed $82,000 Greater Alabama MLS
• 2026-03-11 Price Changed $85,000 Greater Alabama MLS
• 2026-02-11 Listed $90,000 Greater Alabama MLS
• 2023-12-22 Sold (MLS) $44,000 Greater Alabama MLS
• 2023-12-21 Pending — Greater Alabama MLS
• 2023-10-26 Relisted — Greater Alabama MLS
• 2023-10-12 Pending — Greater Alabama MLS
• 2023-09-13 Price Changed $49,900 Greater Alabama MLS
• 2023-09-07 Price Changed $51,900 Greater Alabama MLS
• 2023-08-18 Price Changed $52,900 Greater Alabama MLS
• 2023-07-25 Price Changed $53,900 Greater Alabama MLS
• 2023-06-27 Listed $55,000 Greater Alabama MLS
• 2022-11-10 Sold (Public Records) $45,000 Public Records
• 2022-11-03 Sold (MLS) $45,000 Greater Alabama MLS
• 2022-10-01 Listed $45,000 Greater Alabama MLS

Property tax history

+4.1%/yr

Latest (2025): $841 · +0.0% YoY. Source: county tax records.