900 Meadowbrook Dr · Birmingham, AL 35215

$117,000

3 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 33 Days on market

Built 1951 0.40 ac lot Est $111k · 6% 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 +22.9/30.0
• DSCR +7.4/10.0
• 1% rule +5.7/10.0
• ARV discount +4.9/15.0
• 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 home! This picture-perfect property is bursting with curb appeal and ready for you to settle in. The corner lot is ideal for privacy, and the covered patio can be enjoyed for relaxing as well as entertaining. With the french doors and ample windows in the beautifully carpeted living space, you will find an abundance of natural light. The kitchen features beautiful white cabinets and a laundry hook-up, with a door leading to the spacious backyard. The three bedrooms boast beautiful hardwoods, making this home move-in ready. Hurry, as it will not last long!

Key facts

• 0.4 acre lot
• Built 1951
• Listed 32 days

Property features AI

Finance

• Other: Lot size about 0.4 acres; Not in a flood plain
• Financial info: No financial details provided
• HOA & community: Subdivision: Meadowbrook Estates

Exterior

• Parking: Driveway parking
• Security: No security features listed
• Utilities: Public water; Electric water heater; Internet service available
• Home design: Existing construction; Single-story rooms listed (all main level)
• Construction: Vinyl siding; Crawl space foundation
• Exterior features: Front porch

Interior

• Kitchen: Laminate countertops; Refrigerator; Electric stove
• Bedrooms: Master bedroom on main level; Two additional bedrooms on main level
• Flooring: Vinyl
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Central heating; Central cooling
• Interior features: Vinyl floors; Brick woodburning fireplace in the living room; Ceilings listed as 'Other' (see remarks); No additional interior features listed
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry located on the main level; Has laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $117k.

Deal economics

• At list price, monthly cash flow is $206 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $117k).
• Recommended offer: $113k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% 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.
• 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.
• Zoned schools: Martha Gaskins K5 (math 0% / reading 15%, grade F, #598 of 627 statewide, top 96%, 509 students, 87% FRL); Huffman High Schoolmagnet (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 1,147 students, 72% FRL) — zoned schools at 79% FRL track the district average.
• 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); 48% 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 $809 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 33 days — a 3% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y 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.

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 $113,490 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 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 1951 — 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: 1.07% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.54%
• DSCR: 1.34
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $110,544
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
808 Meadowbrook Dr	0.13mi	3/1.0	1,112 (-1%)	1mo	$149,900	$135	91
940 Meadowbrook Dr	0.13mi	4/1.0 (+1)	1,149 (+2%)	6mo	$108,000	$94	81
936 Parkway Dr	0.10mi	2/1.0 (-1)	1,062 (-6%)	3mo	$104,500	$98	79
328 Pat Ave	0.26mi	3/1.0	1,244 (+10%)	1mo	$93,500	$75	70
201 Carol Dr	0.62mi	3/1.0	1,096 (-3%)	2mo	$154,000	$141	65
508 Camellia Rd	0.44mi	3/1.0	1,048 (-7%)	6mo	$20,000	$19	62
321 Joan Ave	0.30mi	3/1.0	1,294 (+15%)	2mo	$121,000	$94	60
900 Charles Ct	0.43mi	3/2.0	1,234 (+9%)	8mo	$119,000	$96	54
827 Hillcrest Rd	0.73mi	3/2.0	1,151 (+2%)	9mo	$157,500	$137	51
437 Dalton Dr	0.50mi	3/2.0	1,002 (-11%)	4mo	$103,000	$103	51
1128 Dogwood Ln	0.58mi	3/1.0	1,272 (+13%)	6mo	$132,500	$104	47
536 Camellia Rd	0.53mi	3/1.0	1,288 (+14%)	7mo	$69,999	$54	46

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: -4.7%
• Equity multiple: 0.82×
• Total profit: $-5,805
• Equity at exit: $17,445

10-year hold

• IRR: 5.0%
• Equity multiple: 1.37×
• Total profit: $12,029
• Equity at exit: $10,116

Cash invested: $32,760 (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: 7.8×

Monthly cashflow live

• Estimated rent: $1,248 high
• Mortgage (P&I): −$614
• Tax from tax record: −$118 /mo · $1,411/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $206

Break-even live

Break-even rent $987

Max offer price $117,000

Occupancy floor 79%

Sensitivity live

Price	-10% $272	-5% $239	+0% $206	+5% $173	+10% $139
Rent	-10% $107	-5% $156	+0% $206	+5% $255	+10% $304
Rate	-1.0pp $265	-0.5pp $235	base $206	+0.5pp $175	+1.0pp $145

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: $29,250
• Closing costs: $3,510
• 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	0.02mi
832 Meadowbrook Dr Birmingham, AL	3.0	2.0	1228	$1,225	$1.00	25d	1	0.06mi
818 Sunset Dr Birmingham, AL	3.0	1.0	992	$1,000	$1.01	45d	1	0.11mi
940 Meadowbrook Dr Birmingham, AL	4.0	1.0	1149	$1,300	$1.13	45d	1	0.12mi
932 Five Mile Rd Birmingham, AL	3.0	1.5	1200	$1,175	$0.98	20d	1	0.16mi
945 Elizabeth Dr Birmingham, AL	3.0	1.0	1227	$1,125	$0.92	4d	1	0.20mi
628 Annie Laura Dr Birmingham, AL	3.0	1.0	844	$1,195	$1.42	45d	1	0.41mi
529 Robison Dr Birmingham, AL	2.0	1.0	960	$960	$1.00	22d	1	0.45mi
520 Camellia Rd Birmingham, AL	3.0	1.0	1053	$1,100	$1.04	4d	1	0.47mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	13d	1	0.61mi
736 Gene Reed Rd Birmingham, AL	3.0	2.0	1353	$1,220	$0.90	45d	1	0.64mi
208 Sam Pate Dr Birmingham, AL	3.0	2.0	988	$1,385	$1.40	3d	1	0.68mi
201 Rose Dr Birmingham, AL	3.0	1.0	972	$1,100	$1.13	17d	1	0.68mi
216 Sanford Dr Birmingham, AL	3.0	1.5	1134	$1,200	$1.06	45d	1	0.69mi
603 Camp Ct Birmingham, AL	3.0	1.0	936	$1,300	$1.39	45d	1	0.70mi
957 Hickory Cir Birmingham, AL	3.0	2.0	1364	$1,195	$0.88	4d	1	0.71mi
433 Orchid Rd Birmingham, AL	3.0	1.0	1162	$1,255	$1.08	17d	1	0.80mi
726 Orchard Rd Birmingham, AL	3.0	1.0	1120	$1,095	$0.98	45d	1	0.82mi
252 Westwood Dr Birmingham, AL	3.0	1.5	1124	$1,400	$1.25	3d	1	0.87mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	4d	1	0.87mi
9844 Greenlee Rd Birmingham, AL	3.0	1.0	1046	$950	$0.91	45d	1	0.90mi
837 Wear Dr Birmingham, AL	3.0	2.0	936	$1,295	$1.38	3d	1	0.92mi
120 Shawnee Ln NW Birmingham, AL	3.0	1.0	1120	$1,075	$0.96	45d	1	0.93mi
848 Old Trail Rd Birmingham, AL	2.0	1.5	930	$925	$0.99	25d	1	0.93mi
217 Killough Dr Birmingham, AL	3.0	2.0	1212	$1,200	$0.99	15d	1	0.94mi
221 Lawson Rd Birmingham, AL	3.0	1.5	1102	$1,325	$1.20	25d	1	0.95mi
316 Pine St Birmingham, AL	3.0	1.0	1232	$1,100	$0.89	45d	1	0.96mi
204 McCormick Ave Birmingham, AL	3.0	1.0	880	$980	$1.11	4d	1	0.97mi
9228 Brookhurst Dr Birmingham, AL	3.0	1.0	1146	$999	$0.87	45d	1	0.97mi
252 Meadowdale Ave Birmingham, AL	3.0	1.0	920	$995	$1.08	45d	1	0.99mi
1153 Linwood St Birmingham, AL	3.0	2.0	1250	$1,295	$1.04	4d	1	1.03mi
209 Tucker Ave Birmingham, AL	3.0	1.0	1044	$1,100	$1.05	45d	1	1.05mi
1225 Birchwood St Birmingham, AL	3.0	2.0	1092	$1,175	$1.08	4d	1	1.11mi
1232 Oakwood St Birmingham, AL	3.0	1.5	1301	$1,223	$0.94	25d	1	1.12mi
925 Eldorado Dr Birmingham, AL	3.0	1.0	1312	$1,231	$0.94	45d	1	1.14mi
1237 Linwood St Birmingham, AL	3.0	1.5	1066	$995	$0.93	45d	1	1.16mi
1301 5th Pl NW Center Point, AL	3.0	1.0	1170	$1,100	$0.94	4d	1	1.18mi
600 Sundale Dr Birmingham, AL	2.0	1.0	950	$800	$0.84	45d	1	1.18mi
400 13th Ave NW Birmingham, AL	2.0	1.0	1100	$890	$0.81	45d	1	1.18mi
1305 5th Pl NW Center Point, AL	3.0	2.0	1092	$1,200	$1.10	45d	1	1.20mi

Listing history 29 events

1. 2026-06-21
   days on market $117,000 Active 33 DOM
2. 2026-06-18
   days on market $117,000 Active 30 DOM
3. 2026-06-17
   days on market $117,000 Active 29 DOM
4. 2026-06-16
   days on market $117,000 Active 28 DOM
5. 2026-06-15
   days on market $117,000 Active 27 DOM
6. 2026-06-13
   days on market $117,000 Active 25 DOM
7. 2026-06-10
   days on market $117,000 Active 22 DOM
8. 2026-06-09
   days on market $117,000 Active 21 DOM
9. 2026-06-08
   days on market $117,000 Active 20 DOM
10. 2026-06-07
    days on market $117,000 Active 19 DOM
11. 2026-06-03
    days on market $117,000 Active 15 DOM
12. 2026-06-02
    days on market $117,000 Active 14 DOM
13. 2026-06-01
    days on market $117,000 Active 13 DOM
14. 2026-05-31
    days on market $117,000 Active 12 DOM
15. 2026-05-19
    listed $117,000 Active
16. 2022-02-27
    price $1,095
17. 2022-02-25
    price $1,095
18. 2021-09-10
    soldstatus $110,000
19. 2021-08-30
    soldstatus $110,000 Sold 569-char remark

    Show marketing remark (569 chars)

    Welcome home! This picture-perfect property is bursting with curb appeal and ready for you to settle in. The corner lot is ideal for privacy, and the covered patio can be enjoyed for relaxing as well as entertaining. With the french doors and ample windows in the beautifully carpeted living space, you will find an abundance of natural light. The kitchen features beautiful white cabinets and a laundry hook-up, with a door leading to the spacious backyard. The three bedrooms boast beautiful hardwoods, making this home move-in ready. Hurry, as it will not last long!

20. 2021-08-09
    historical Contingent 569-char remark

    Show marketing remark (569 chars)

    Welcome home! This picture-perfect property is bursting with curb appeal and ready for you to settle in. The corner lot is ideal for privacy, and the covered patio can be enjoyed for relaxing as well as entertaining. With the french doors and ample windows in the beautifully carpeted living space, you will find an abundance of natural light. The kitchen features beautiful white cabinets and a laundry hook-up, with a door leading to the spacious backyard. The three bedrooms boast beautiful hardwoods, making this home move-in ready. Hurry, as it will not last long!

21. 2021-08-05
    listed $110,000 Active 569-char remark

    Show marketing remark (569 chars)

    Welcome home! This picture-perfect property is bursting with curb appeal and ready for you to settle in. The corner lot is ideal for privacy, and the covered patio can be enjoyed for relaxing as well as entertaining. With the french doors and ample windows in the beautifully carpeted living space, you will find an abundance of natural light. The kitchen features beautiful white cabinets and a laundry hook-up, with a door leading to the spacious backyard. The three bedrooms boast beautiful hardwoods, making this home move-in ready. Hurry, as it will not last long!

22. 2018-09-25
    soldstatus $69,000
23. 2017-11-28
    soldstatus $81,900 Sold 59-char remark

    Show marketing remark (59 chars)

    Newly rehabbed turnkey rental property ready for new owner!

24. 2017-10-23
    historical Contingent 59-char remark

    Show marketing remark (59 chars)

    Newly rehabbed turnkey rental property ready for new owner!

25. 2017-09-23
    status Active 59-char remark

    Show marketing remark (59 chars)

    Newly rehabbed turnkey rental property ready for new owner!

26. 2017-09-05
    listed Contingent 59-char remark

    Show marketing remark (59 chars)

    Newly rehabbed turnkey rental property ready for new owner!

27. 2001-09-19
    soldstatus $64,000
28. 1996-08-29
    soldstatus $40,000
29. 1982-05-26
    soldstatus $38,616

ⓘ 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: $1,411 · $118/mo
• Projected year-2 tax: $1,411 · $118/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 2/10 Low
• 🌡 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: $14,971
• − Mortgage interest: −$6,554
• − Property taxes: −$1,411
• − Insurance: −$585
• − Repairs & maintenance: −$1,198
• − Management: −$1,198
• − Depreciation: −$3,404
• Taxable income: $623
• Est. tax owed @ 24.0%: −$149
• After-tax cash flow: $2,319/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

+203.0% since first listed

15 events — show timeline

• 2026-05-19 Listed $117,000 Greater Alabama MLS
• 2022-02-27 Price Changed $1,095 RENT.
• 2022-02-25 Price Changed $1,095 RENT.
• 2021-09-10 Sold (Public Records) $110,000 Public Records
• 2021-08-30 Sold (MLS) $110,000 Greater Alabama MLS
• 2021-08-09 Contingent — Greater Alabama MLS
• 2021-08-05 Listed $110,000 Greater Alabama MLS
• 2018-09-25 Sold (Public Records) $69,000 Public Records
• 2017-11-28 Sold (MLS) $81,900 Greater Alabama MLS
• 2017-10-23 Contingent — Greater Alabama MLS
• 2017-09-23 Relisted — Greater Alabama MLS
• 2017-09-05 Listed — Greater Alabama MLS
• 2001-09-19 Sold (Public Records) $64,000 Public Records
• 1996-08-29 Sold (Public Records) $40,000 Public Records
• 1982-05-26 Sold (Public Records) $38,616 Public Records

Property tax history

+11.0%/yr

Latest (2025): $1,411 · +4.1% YoY. Source: county tax records.