1214 5th Ave · Midfield, AL 35228

$30,000

3 bd · 1.0 ba · 1,624 sqft · SingleFamily public records · 34 Days on market

Built 1948 0.31 ac lot $18/sqft · 76% 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
• Livability +3.2/5.0
• Appreciation +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +0.7/10.0

Listing remarks MLS

Unlock the potential of this hidden gem tucked away on a generously sized, wooded lot. This property offers a rare opportunity for investors, flippers, or visionaries ready to bring a home back to life. The home will require a full renovation and is being sold AS IS, making it ideal for cash buyers or experienced rehabbers. With the right vision and updates, this property has strong potential for resale or rental income. Conveniently located with easy access to local amenities, this is your chance to transform a distressed property into something truly special.

Key facts

• Wooded lot
• Full renovation
• Local amenities

Tags

• WOODED LOT
• FULL RENOVATION
• LOCAL AMENITIES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $30k.

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 ($1k rent vs $30k).
• Recommended offer: $29k (3.0% below list) — sets the bar for market timing.
• Cap rate 36.5% vs local median 10.0% in Midfield — 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 64/100 on livability (#164 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment F.
• Midfield City (suburban): math 2% / reading 14% proficiency, ranked #126 of 129 in AL (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.5%/yr); 87 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 $207 of loan paydown is wiped out by about $900 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 + 0.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $29,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 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 1948 — 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. 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.
6. 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.
7. 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: 4.14% ✓
• Cap rate: 36.51%
• Cash-on-cash: 107.92%
• DSCR: 5.80
• GRM: 2.0

CMA / ARV

• ARV (median comp): $124,867
• List price: $30,000
• Delta: -75.97%
• 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
801 Rutledge Dr	0.25mi	2/1.0 (-1)	1,613 (-1%)	3mo	$41,000	$25	79
1120 9th Ave	0.30mi	3/1.0	1,437 (-12%)	1mo	$72,900	$51	66
602 5th Ave	0.42mi	4/1.5 (+1)	1,600 (-2%)	12mo	$159,900	$100	61
817 Oakland Dr	0.57mi	3/2.0	1,654 (+2%)	7mo	$164,000	$99	60
1040 Glen Oak Dr	0.67mi	3/2.0	1,684 (+4%)	9mo	$164,000	$97	51
716 Westfield Dr	0.65mi	3/1.5	1,541 (-5%)	10mo	$155,000	$101	51
506 Westfield Dr	0.66mi	3/2.0	1,548 (-5%)	8mo	$120,000	$78	50
617 8th Ave	0.40mi	4/2.0 (+1)	1,436 (-12%)	3mo	$85,000	$59	50
1117 Carol Cir	0.51mi	4/1.5 (+1)	1,504 (-7%)	8mo	$45,000	$30	50
821 Westfield Dr	0.74mi	4/2.0 (+1)	1,642 (+1%)	7mo	$181,000	$110	49
828 Westfield Dr	0.74mi	4/1.5 (+1)	1,424 (-12%)	12mo	$144,000	$101	28
641 Park Ave	0.74mi	4/2.5 (+1)	1,846 (+14%)	11mo	$99,555	$54	22

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 5.72×
• Total profit: $39,641
• Equity at exit: $4,473

10-year hold

• IRR: —
• Equity multiple: 10.82×
• Total profit: $82,517
• Equity at exit: $2,594

Cash invested: $8,400 (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 35228

• Home prices YoY: -3.5%
• Rents YoY: -1.5%
• Active inventory: 87
• Price-to-rent: 2.0×

Monthly cashflow live

• Estimated rent: $1,243 high
• Mortgage (P&I): −$157
• Tax from tax record: −$57 /mo · $685/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $755

Break-even live

Break-even rent $287

Max offer price $30,000

Occupancy floor 34%

Sensitivity live

Price	-10% $772	-5% $764	+0% $755	+5% $747	+10% $738
Rent	-10% $657	-5% $706	+0% $755	+5% $805	+10% $854
Rate	-1.0pp $771	-0.5pp $763	base $755	+0.5pp $748	+1.0pp $740

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: $7,500
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1303 9th Ave Birmingham, AL	3.0	2.0	1920	$1,200	$0.62	44d	1	0.28mi
801 Rutledge Dr Birmingham, AL	4.0	2.0	1808	$1,600	$0.88	2d	1	0.28mi
1401 9th Ave Birmingham, AL	3.0	2.0	1222	$1,200	$0.98	44d	1	0.30mi
616 Rutledge Dr Birmingham, AL	3.0	1.0	1416	$1,095	$0.77	22d	1	0.41mi
617 8th Ave Birmingham, AL	4.0	2.0	1436	$1,350	$0.94	2d	1	0.42mi
608 5th Ave Midfield, AL	3.0	1.0	1241	$795	$0.64	22d	1	0.43mi
1206 15th St Birmingham, AL	3.0	1.0	1600	$950	$0.59	44d	1	0.46mi
1109 12th Ave Birmingham, AL	4.0	2.0	1217	$1,475	$1.21	4d	1	0.46mi
806 12th Ave Birmingham, AL	3.0	1.0	1262	$1,075	$0.85	44d	1	0.50mi
605 10th Ave Birmingham, AL	3.0	1.0	1060	$850	$0.80	44d	1	0.51mi
603 11th Ave Birmingham, AL	3.0	1.0	1289	$1,100	$0.85	44d	1	0.56mi
832 Alden Ave Birmingham, AL	4.0	2.0	1231	$1,150	$0.93	24d	1	0.75mi
1565 Miles St Dolomite, AL	3.0	2.0	1120	$1,175	$1.05	17d	1	0.77mi
733 Glen Ridge Dr Fairfield, AL	3.0	1.0	1225	$1,378	$1.12	2d	1	0.87mi
800 Fairfax Dr Fairfield, AL	4.0	2.0	1200	$1,650	$1.38	2d	1	0.96mi
222 4th Ave Birmingham, AL	3.0	1.0	1300	$1,050	$0.81	44d	1	1.03mi
80 Wilkes Cir Birmingham, AL	4.0	2.0	1078	$1,200	$1.11	15d	1	1.06mi
63 Wilkes Cir Unit 1 Birmingham, AL	4.0	1.0	1164	$1,250	$1.07	44d	1	1.09mi
63 Wilkes Cir Birmingham, AL	4.0	1.0	1164	$1,200	$1.03	44d	1	1.09mi
226 3rd Ave Birmingham, AL	4.0	2.0	1248	$1,300	$1.04	44d	1	1.09mi
925 Woodward Rd Birmingham, AL	2.0	2.0	1104	$950	$0.86	44d	1	1.20mi
923 Woodward Rd Birmingham, AL	3.0	1.0	1273	$1,200	$0.94	24d	1	1.20mi
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	17d	1	1.38mi
1254 Lewis St Brighton, AL	3.0	1.0	1200	$850	$0.71	44d	1	1.44mi

Listing history 4 events

1. 2026-04-23
   status Active 567-char remark

   Show marketing remark (567 chars)

   Unlock the potential of this hidden gem tucked away on a generously sized, wooded lot. This property offers a rare opportunity for investors, flippers, or visionaries ready to bring a home back to life. The home will require a full renovation and is being sold AS IS, making it ideal for cash buyers or experienced rehabbers. With the right vision and updates, this property has strong potential for resale or rental income. Conveniently located with easy access to local amenities, this is your chance to transform a distressed property into something truly special.

2. 2026-04-22
   status Pending 567-char remark

   Show marketing remark (567 chars)

   Unlock the potential of this hidden gem tucked away on a generously sized, wooded lot. This property offers a rare opportunity for investors, flippers, or visionaries ready to bring a home back to life. The home will require a full renovation and is being sold AS IS, making it ideal for cash buyers or experienced rehabbers. With the right vision and updates, this property has strong potential for resale or rental income. Conveniently located with easy access to local amenities, this is your chance to transform a distressed property into something truly special.

3. 2026-04-22
   listed $30,000 Active 567-char remark

   Show marketing remark (567 chars)

   Unlock the potential of this hidden gem tucked away on a generously sized, wooded lot. This property offers a rare opportunity for investors, flippers, or visionaries ready to bring a home back to life. The home will require a full renovation and is being sold AS IS, making it ideal for cash buyers or experienced rehabbers. With the right vision and updates, this property has strong potential for resale or rental income. Conveniently located with easy access to local amenities, this is your chance to transform a distressed property into something truly special.

4. 1989-12-01
   soldstatus $26,472

ⓘ 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: $685 · $57/mo
• Projected year-2 tax: $685 · $57/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 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 6 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,922
• − Mortgage interest: −$1,680
• − Property taxes: −$685
• − Insurance: −$150
• − Repairs & maintenance: −$1,194
• − Management: −$1,194
• − Depreciation: −$873
• Taxable income: $9,146
• Est. tax owed @ 24.0%: −$2,195
• After-tax cash flow: $6,870/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: Midfield City
• NCES district ID: 0102350
• Math proficiency: 2% ▼ -18.00%
• Reading proficiency: 14% ▼ -5.00%
• Median HH income: $39,267
• Composite: 6.89/100
• National rank: #9978
• State rank: #126 of 129 in AL

Livability — Midfield

• Score: 64/100
• State rank: #164
• US rank: #14536

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midfield, AL
• County: Jefferson County · 527,445 people
• City population: 10,216
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 10,216
• Household income: $50,815
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 456.0

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 (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 5% Two or more races 5% White 5%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 5%

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: ▼ -4.84%
• Current HPI: 134.8633
• Rent YoY: ▼ -1.47%
• 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

+13.3% since first listed

4 events — show timeline

• 2026-04-23 Relisted — Greater Alabama MLS
• 2026-04-22 Pending — Greater Alabama MLS
• 2026-04-22 Listed $30,000 Greater Alabama MLS
• 1989-12-01 Sold (Public Records) $26,472 Public Records

Property tax history

+1.5%/yr

Latest (2025): $685 · -10.6% YoY. Source: county tax records.