708 Westchester Dr · Bessemer, AL 35022

$105,000

3 bd · 2.0 ba · 1,620 sqft · SingleFamily public records · 447 Days on market

Built 1984 9,147 sqft lot $65/sqft · 52% 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
• Rent growth +5.0/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

Key facts

• Fenced back yard
• Full bathroom
• Basement

Tags

• BASEMENT
• DEN
• FULL BATHROOM
• FRONT AND BACK DECKS
• FENCED BACK YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $755 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.9% vs local median 5.9% in Bessemer — 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 59/100 on livability (#331 in AL) — a working-class tenant base; expect higher turnover. Strengths: commute A+, cost of living A+, housing A; Watch: schools D-, crime F, amenities F.
• Bessemer City (suburban): math 3% / reading 19% proficiency, ranked #120 of 129 in AL (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 87% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+14.8%/yr); 311 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $726 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 + 8.0% rent growth), your $29k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 447 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $56k; list at $105k implies a 89% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 55% 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 $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 447 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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: 1.86% ✓
• Cap rate: 14.92%
• Cash-on-cash: 30.80%
• DSCR: 2.37
• GRM: 4.5

CMA / ARV

• ARV (median comp): $218,061
• List price: $105,000
• Delta: -51.85%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5274 Flint Hill Trce	0.26mi	3/3.0	1,646 (+2%)	12mo	$218,000	$132	71
544 Flint Parc Cir	0.07mi	3/2.0	1,501 (-7%)	22mo	$230,000	$153	66
500 Carriage Hls	0.20mi	3/3.0	1,662 (+3%)	20mo	$216,500	$130	66
264 Mccalla Rd	0.62mi	3/2.0	1,668 (+3%)	8mo	$198,000	$119	60
5340 Tailwinds Dr	0.74mi	3/2.0	1,679 (+4%)	3mo	$288,615	$172	57
5504 Headwinds Ln	0.70mi	3/2.0	1,679 (+4%)	8mo	$288,095	$172	54
496 Carriage Hills Dr	0.21mi	3/3.0	1,462 (-10%)	20mo	$210,000	$144	53
5404 Tailwinds Dr	0.74mi	3/2.0	1,679 (+4%)	8mo	$319,995	$191	53
5512 Headwinds Ln	0.74mi	3/2.0	1,679 (+4%)	10mo	$278,865	$166	52
1325 Reds Rd	0.66mi	3/2.0	1,830 (+13%)	8mo	$229,900	$126	41

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 31.4%
• Equity multiple: 2.41×
• Total profit: $41,443
• Equity at exit: $15,656

10-year hold

• IRR: 41.3%
• Equity multiple: 5.94×
• Total profit: $145,243
• Equity at exit: $9,078

Cash invested: $29,400 (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 35022

• Home prices YoY: -20.2%
• Rents YoY: 14.8%
• Active inventory: 311
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,953 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$194 /mo · $2,330/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $755

Break-even live

Break-even rent $998

Max offer price $105,000

Occupancy floor 56%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
505 Westchester Dr Bessemer, AL	4.0	2.0	1706	$1,850	$1.08	44d	1	0.10mi
600 Flint Hill Ln Bessemer, AL	2.0–3.0	2.0	1005	$1,099	$1.09	2d	7	0.29mi
63 Carriage House Rd SW Bessemer, AL	3.0	2.0	1802	$1,780	$0.99	16d	1	0.41mi
4737 Rosser Loop Dr Bessemer, AL	3.0	2.0	1638	$1,886	$1.15	2d	1	0.90mi

Listing history 22 events

1. 2026-06-18
   days on market $105,000 Active 447 DOM
2. 2026-06-17
   days on market $105,000 Active 446 DOM
3. 2026-06-16
   days on market $105,000 Active 445 DOM
4. 2026-06-15
   days on market $105,000 Active 444 DOM
5. 2026-06-13
   days on market $105,000 Active 442 DOM
6. 2026-06-10
   days on market $105,000 Active 439 DOM
7. 2026-06-09
   days on market $105,000 Active 438 DOM
8. 2026-06-08
   days on market $105,000 Active 437 DOM
9. 2026-06-07
   days on market $105,000 Active 436 DOM
10. 2026-06-05
    days on market $105,000 Active 433 DOM
11. 2026-06-03
    days on market $105,000 Active 432 DOM
12. 2026-06-02
    days on market $105,000 Active 431 DOM
13. 2026-06-01
    days on market $105,000 Active 430 DOM
14. 2026-05-31
    days on market $105,000 Active 429 DOM
15. 2026-01-31
    price $105,000 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

16. 2025-11-11
    price $110,000 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

17. 2025-09-25
    price $115,000 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

18. 2025-08-19
    price $120,000 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

19. 2025-06-26
    price $130,000 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

20. 2025-05-10
    price $135,000 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

21. 2025-03-28
    listed $140,000 Active 331-char remark

    Show marketing remark (331 chars)

    One level with basement that has den finished and 1 car garage parking, with full bathroom and large den in basement. Interior needs cosmetic updating with great potential. Fenced back yard. Convenient location to schools and shopping. Would be great for investor rental due to convenient location to interstate and shopping areas.

22. 1984-10-23
    soldstatus $55,500

ⓘ 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: $2,330 · $194/mo
• Projected year-2 tax: $2,330 · $194/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 7/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 55% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,442
• − Mortgage interest: −$5,882
• − Property taxes: −$2,330
• − Insurance: −$525
• − Repairs & maintenance: −$1,875
• − Management: −$1,875
• − Depreciation: −$3,055
• Taxable income: $7,899
• Est. tax owed @ 24.0%: −$1,896
• After-tax cash flow: $7,160/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: Bessemer City
• NCES district ID: 0100330
• Math proficiency: 3% ▼ -18.00%
• Reading proficiency: 19% ▼ -3.00%
• Median HH income: $29,721
• Composite: 8.45/100
• National rank: #9905
• State rank: #120 of 129 in AL

Livability — Bessemer

• Score: 59/100
• State rank: #331
• US rank: #20078

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bessemer, AL
• County: Jefferson County · 527,445 people
• City population: 48,018
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 23,126
• Household income: $81,846
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 554.0

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 0.56)
• Race & ethnicity: Black 53% White 41% Hispanic / Latino 3% Two or more races 2% Asian 1%
• Common ancestry: Italian 1% Slovak 1% Iranian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 96% English-only · Spanish 3% Chinese 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: ▼ -55.40%
• Current HPI: 219.3839
• Rent YoY: ▲ 14.80%
• 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

+89.2% since first listed

8 events — show timeline

• 2026-01-31 Price Changed $105,000 Greater Alabama MLS
• 2025-11-11 Price Changed $110,000 Greater Alabama MLS
• 2025-09-25 Price Changed $115,000 Greater Alabama MLS
• 2025-08-19 Price Changed $120,000 Greater Alabama MLS
• 2025-06-26 Price Changed $130,000 Greater Alabama MLS
• 2025-05-10 Price Changed $135,000 Greater Alabama MLS
• 2025-03-28 Listed $140,000 Greater Alabama MLS
• 1984-10-23 Sold (Public Records) $55,500 Public Records

Property tax history

+3.8%/yr

Latest (2025): $2,330 · +0.0% YoY. Source: county tax records.