121 Knight Ave · Hueytown, AL 35023

$85,000

2 bd · 1.0 ba · 1,020 sqft · SingleFamily public records · 56 Days on market

Built 1941 0.65 ac lot $83/sqft · 36% below area Est $132k · 36% 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 +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Appreciation +4.7/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

Key facts

• 0.65 acre lot
• Built 1941
• Listed 56 days

Property features AI

Finance

• Other: Parcel ID 30-00-20-3-001-006.000; Lot size approximately 0.65 acres; Subdivision: TARRANT
• Financial info: Has down payment assistance

Exterior

• Parking: Unassigned parking
• Utilities: Public water; Connected sewer; Unknown internet service availability
• Home design: Existing construction; Single-story living spaces (rooms listed at level 1)
• Construction: Siding (other); Slab foundation
• Exterior features: No waterfront; No pool; No patio; No garden/patio; No decks

Interior

• Kitchen: Laminate countertops
• Bedrooms: Bedrooms on main level, including master bedroom on main level
• Flooring: Vinyl
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Dual heating systems; Dual cooling systems
• Interior features: Smooth ceilings; Vinyl floors; Brick woodburning fireplace in the living room; No additional interior features listed
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $347 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.2% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities 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: Hueytown Primary School (653 students, 64% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 72% FRL vs 49% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 250 active listings in the ZIP; 22 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).

Forward outlook

• In year one you build about $78 of equity ($588 loan paydown + $-510 appreciation (-0.6% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.6% appreciation + 1.6% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago 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.
• Current owner paid $13k; list at $85k implies a 554% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1941 — 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 $82,450 (3.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.32% ✓
• Cap rate: 11.19%
• Cash-on-cash: 17.47%
• DSCR: 1.78
• GRM: 6.3

CMA / ARV

• ARV (median comp): $132,387
• List price: $85,000
• Delta: -35.79%
• 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
148 Mabelon Dr	0.38mi	3/1.0 (+1)	1,004 (-2%)	7mo	$95,500	$95	69
130 Crystal Ave	0.42mi	2/1.0	1,040 (+2%)	10mo	$17,500	$17	69
124 Mabelon Dr	0.31mi	3/1.0 (+1)	1,052 (+3%)	14mo	$179,000	$170	64
146 Baker Ave	0.36mi	3/1.0 (+1)	1,025 (+0%)	20mo	$110,000	$107	61
205 Webster Ln	0.51mi	3/1.0 (+1)	1,051 (+3%)	9mo	$135,000	$128	59
2934 Allison Bonnett Memorial Dr	0.39mi	3/1.0 (+1)	1,076 (+6%)	12mo	$98,000	$91	58
193 Mabelon Dr	0.51mi	3/1.5 (+1)	1,100 (+8%)	1mo	$178,000	$162	55
821 Overlook Cir	0.22mi	3/1.5 (+1)	1,163 (+14%)	6mo	$80,000	$69	54
157 E Crest Rd	0.58mi	2/1.0	1,123 (+10%)	9mo	$50,000	$45	49
117 Gwin Ave	0.71mi	2/1.5	1,084 (+6%)	11mo	$144,100	$133	45
324 Wickstead Rd	0.64mi	3/1.5 (+1)	1,161 (+14%)	7mo	$162,000	$140	34
109 Gwin Ave	0.71mi	2/1.0	1,118 (+10%)	22mo	$70,000	$63	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: 14.4%
• Equity multiple: 1.66×
• Total profit: $15,644
• Equity at exit: $22,162

10-year hold

• IRR: 18.7%
• Equity multiple: 2.86×
• Total profit: $44,312
• Equity at exit: $24,704

Cash invested: $23,800 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 250
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,125 high
• Mortgage (P&I): −$446
• Tax from tax record: −$61 /mo · $736/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $347

Break-even live

Break-even rent $687

Max offer price $85,000

Occupancy floor 64%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
406 Forest Rd Bessemer, AL	3.0	2.0	1200	$1,175	$0.98	14d	1	0.44mi
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	15d	1	0.59mi
123 Westbrook Rd Bessemer, AL	3.0	2.0	1427	$1,275	$0.89	44d	1	0.77mi
109 Oak Ave Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	2d	1	0.85mi
2020 High School Rd Unit C Bessemer, AL	2.0	1.0	733	$750	$1.02	14d	1	0.96mi
110 Ray Ave Apt 7 Hueytown, AL	2.0	2.0	900	$875	$0.97	2d	1	0.99mi
208 Kentwood Ave Bessemer, AL	3.0	1.0	1177	$1,075	$0.91	43d	1	1.01mi
216 Pine St Bessemer, AL	3.0	2.0	1000	$1,200	$1.20	43d	1	1.02mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	23d	1	1.07mi
102 Wheeler Dr Bessemer, AL	3.0	1.5	1200	$1,175	$0.98	43d	1	1.09mi
200 Woodward Dr Bessemer, AL	3.0	1.0	900	$1,123	$1.25	1d	1	1.11mi
107 Wheeler Dr Bessemer, AL	2.0	1.0	950	$950	$1.00	43d	1	1.11mi
119 Wheeler Dr Bessemer, AL	3.0	2.0	1215	$1,300	$1.07	11d	1	1.11mi
1409 Hueytown Rd Unit 76 Bessemer, AL	2.0	1.0	876	$995	$1.14	2d	1	1.15mi
1409 Hueytown Rd Apt 63 Bessemer, AL	2.0	1.0	876	$995	$1.14	43d	1	1.15mi
216 Meadowood Ave Bessemer, AL	3.0	1.0	1430	$1,250	$0.87	2d	1	1.18mi
116 Vail Ave Bessemer, AL	2.0	1.0	1008	$975	$0.97	19d	1	1.20mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	11d	1	1.22mi
425 Oakwood Ave Bessemer, AL	2.0–3.0	2.0	1082	$700	$0.65	1d	2	1.27mi
1444 Hueytown Rd Unit B Hueytown, AL	2.0	1.0	725	$945	$1.30	23d	1	1.35mi
1565 Miles St Dolomite, AL	3.0	2.0	1120	$1,175	$1.05	15d	1	1.36mi
622 S Parkell Ave Bessemer, AL	3.0	1.0	963	$1,200	$1.25	43d	1	1.47mi

Listing history 21 events

1. 2026-06-18
   days on market $85,000 Active 56 DOM
2. 2026-06-17
   days on market $85,000 Active 55 DOM
3. 2026-06-16
   days on market $85,000 Active 54 DOM
4. 2026-06-15
   days on market $85,000 Active 53 DOM
5. 2026-06-13
   days on market $85,000 Active 51 DOM
6. 2026-06-10
   days on market $85,000 Active 48 DOM
7. 2026-06-09
   days on market $85,000 Active 47 DOM
8. 2026-06-08
   days on market $85,000 Active 46 DOM
9. 2026-06-07
   days on market $85,000 Active 45 DOM
10. 2026-06-03
    days on market $85,000 Active 41 DOM
11. 2026-06-02
    days on market $85,000 Active 40 DOM
12. 2026-06-01
    days on market $85,000 Active 39 DOM
13. 2026-05-31
    days on market $85,000 Active 38 DOM
14. 2026-04-20
    listed $85,000 Active 67-char remark
15. 2016-08-05
    soldstatus $13,000 Sold 199-char remark

    Show marketing remark (199 chars)

    REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

16. 2016-07-19
    status Pending 199-char remark

    Show marketing remark (199 chars)

    REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

17. 2016-06-23
    price $19,900 199-char remark

    Show marketing remark (199 chars)

    REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

18. 2016-06-03
    price $24,000 199-char remark

    Show marketing remark (199 chars)

    REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

19. 2016-05-05
    price $26,900 199-char remark

    Show marketing remark (199 chars)

    REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

20. 2016-04-04
    listed $29,900 Active 199-char remark

    Show marketing remark (199 chars)

    REDUCED!!!Great opportunity for the first time homebuyer. You have 2 bedrooms and 1 bath. You are close to restaurants, shopping, and expressway. Home also has over 1/2 acre of land at your disposal.

21. 1987-07-31
    soldstatus $19,750

ⓘ 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: $736 · $61/mo
• Projected year-2 tax: $736 · $61/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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,504
• − Mortgage interest: −$4,761
• − Property taxes: −$736
• − Insurance: −$425
• − Repairs & maintenance: −$1,080
• − Management: −$1,080
• − Depreciation: −$2,473
• Taxable income: $2,949
• Est. tax owed @ 24.0%: −$708
• After-tax cash flow: $3,451/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 — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% 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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

+330.4% since first listed

8 events — show timeline

• 2026-04-20 Listed $85,000 Greater Alabama MLS
• 2016-08-05 Sold (MLS) $13,000 Greater Alabama MLS
• 2016-07-19 Pending — Greater Alabama MLS
• 2016-06-23 Price Changed $19,900 Greater Alabama MLS
• 2016-06-03 Price Changed $24,000 Greater Alabama MLS
• 2016-05-05 Price Changed $26,900 Greater Alabama MLS
• 2016-04-04 Listed $29,900 Greater Alabama MLS
• 1987-07-31 Sold (Public Records) $19,750 Public Records

Property tax history

+3.4%/yr

Latest (2025): $736 · +0.0% YoY. Source: county tax records.