1300 9th Ave · Midfield, AL 35228

$78,000

3 bd · 1.0 ba · 1,072 sqft · SingleFamily public records · 55 Days on market

Built 1925 6,534 sqft lot Est $72k · 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +3.6/15.0
• 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

Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

Key facts

• 6,534 sq ft lot
• Built 1925
• Listed 55 days

Tags

• HARDWOOD FLOORS THROUGHOUT
• INVITING SCREENED PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $78k.

Deal economics

• At list price, monthly cash flow is $433 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $78k).
• Recommended offer: $76k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.0% 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: amenities F, employment F, health & safety 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.
• Zoned schools: Midfield Elementary School (math 2% / reading 17%, grade F, #568 of 627 statewide, top 94%, 390 students, 84% FRL); Midfield High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 340 students, 87% FRL) — zoned schools at 86% FRL track the district average.
• Market conditions: Rents soft (-1.5%/yr); 87 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $539 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 + 0.0% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($76k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask is 5900% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,660 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 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 1925 — 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: 1.55% ✓
• Cap rate: 12.95%
• Cash-on-cash: 23.78%
• DSCR: 2.06
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $71,824
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1401 Carol Cir	0.42mi	3/1.0	1,075 (+0%)	5mo	$105,000	$98	76
911 12th Ave	0.33mi	2/1.0 (-1)	992 (-8%)	1mo	$26,500	$27	67
800 Rutledge Dr	0.44mi	3/1.0	1,028 (-4%)	11mo	$50,000	$49	63
600 9th Ave	0.47mi	3/1.0	1,028 (-4%)	10mo	$79,900	$78	62
907 7th St	0.42mi	2/1.0 (-1)	1,044 (-3%)	10mo	$56,500	$54	62
504 9th Ave	0.52mi	2/1.0 (-1)	1,016 (-5%)	1mo	$58,000	$57	61
1221 Carol Cir	0.40mi	3/1.0	1,200 (+12%)	2mo	$75,000	$63	60
1446 12th St	0.51mi	3/1.0	1,123 (+5%)	12mo	$80,000	$71	58
1545 Carol Cir	0.44mi	3/1.5	1,184 (+10%)	11mo	$85,000	$72	51
503 8th Ave	0.53mi	3/2.0	1,218 (+14%)	0mo	$75,000	$62	48
1021 Hillandale Dr	0.72mi	3/1.0	1,140 (+6%)	12mo	$75,900	$67	46
1589 Carver St	0.73mi	3/1.0	957 (-11%)	5mo	$120,000	$125	44

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: 13.6%
• Equity multiple: 1.52×
• Total profit: $11,395
• Equity at exit: $11,630

10-year hold

• IRR: 20.0%
• Equity multiple: 2.45×
• Total profit: $31,768
• Equity at exit: $6,744

Cash invested: $21,840 (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: 5.4×

Monthly cashflow live

• Estimated rent: $1,208 high
• Mortgage (P&I): −$409
• Tax from tax record: −$80 /mo · $960/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $433

Break-even live

Break-even rent $660

Max offer price $78,000

Occupancy floor 59%

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: $19,500
• Closing costs: $2,340
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1401 9th Ave Birmingham, AL	3.0	2.0	1222	$1,200	$0.98	44d	1	0.09mi
1109 12th Ave Birmingham, AL	4.0	2.0	1217	$1,475	$1.21	3d	1	0.28mi
806 12th Ave Birmingham, AL	3.0	1.0	1262	$1,075	$0.85	44d	1	0.39mi
617 8th Ave Birmingham, AL	4.0	2.0	1436	$1,350	$0.94	2d	1	0.42mi
605 10th Ave Birmingham, AL	3.0	1.0	1060	$850	$0.80	44d	1	0.46mi
616 Rutledge Dr Birmingham, AL	3.0	1.0	1416	$1,095	$0.77	21d	1	0.47mi
603 11th Ave Birmingham, AL	3.0	1.0	1289	$1,100	$0.85	44d	1	0.49mi
608 5th Ave Midfield, AL	3.0	1.0	1241	$795	$0.64	21d	1	0.53mi
832 Alden Ave Birmingham, AL	4.0	2.0	1231	$1,150	$0.93	24d	1	0.59mi
200 Woodward Dr Bessemer, AL	3.0	1.0	900	$1,123	$1.25	2d	1	0.85mi
1565 Miles St Dolomite, AL	3.0	2.0	1120	$1,175	$1.05	16d	1	0.86mi
733 Glen Ridge Dr Fairfield, AL	3.0	1.0	1225	$1,378	$1.12	2d	1	0.98mi
80 Wilkes Cir Birmingham, AL	4.0	2.0	1078	$1,200	$1.11	15d	1	0.99mi
216 Pine St Bessemer, AL	3.0	2.0	1000	$1,200	$1.20	44d	1	0.99mi
63 Wilkes Cir Unit 1 Birmingham, AL	4.0	1.0	1164	$1,250	$1.07	44d	1	1.02mi
63 Wilkes Cir Birmingham, AL	4.0	1.0	1164	$1,200	$1.03	44d	1	1.02mi
800 Fairfax Dr Fairfield, AL	4.0	2.0	1200	$1,650	$1.38	2d	1	1.04mi
36 Wilkes Cir Birmingham, AL	2.0	1.0	762	$875	$1.15	44d	1	1.06mi
222 4th Ave Birmingham, AL	3.0	1.0	1300	$1,050	$0.81	44d	1	1.09mi
4506 Letson St Brighton, AL	3.0	2.0	1032	$1,200	$1.16	24d	1	1.11mi
226 3rd Ave Birmingham, AL	4.0	2.0	1248	$1,300	$1.04	44d	1	1.15mi
412 Fairfax Dr Unit 424-10 Fairfield, AL	3.0	1.5	1035	$1,275	$1.23	12d	1	1.16mi
412 Fairfax Dr Unit 444-12 Fairfield, AL	2.0	1.0	888	$910	$1.02	10d	1	1.16mi
412 Fairfax Dr Unit 400-1 Fairfield, AL	2.0	1.5	935	$1,175	$1.26	3d	1	1.16mi
412 Fairfax Dr Unit 424-3 Fairfield, AL	3.0	1.5	1035	$1,200	$1.16	10d	1	1.16mi
412 Fairfax Dr Unit 436-11 Fairfield, AL	2.0	1.5	935	$910	$0.97	10d	1	1.16mi
412 Fairfax Dr Unit 436-10 Fairfield, AL	2.0	1.0	888	$890	$1.00	10d	1	1.16mi
412 Fairfax Dr Unit 400-12 Fairfield, AL	2.0	1.0	888	$915	$1.03	10d	1	1.16mi
412 Fairfax Dr Unit 416-11 Fairfield, AL	2.0	1.5	935	$975	$1.04	3d	1	1.16mi
1254 Lewis St Brighton, AL	3.0	1.0	1200	$850	$0.71	44d	1	1.23mi
925 Woodward Rd Birmingham, AL	2.0	2.0	1104	$950	$0.86	44d	1	1.24mi
923 Woodward Rd Birmingham, AL	3.0	1.0	1273	$1,200	$0.94	24d	1	1.25mi
1983 Townhouse Ln Bessemer, AL	2.0	2.0	1465	$1,100	$0.75	16d	1	1.27mi

Listing history 20 events

1. 2025-07-26
   historical $1,300
2. 2025-06-04
   soldstatus $110,000
3. 2025-03-13
   historical $1,300
4. 2025-03-07
   listed $1,300
5. 2024-12-12
   listed $1,300
6. 2024-11-04
   soldstatus $72,500
7. 2024-10-30
   status Pending
8. 2024-09-05
   listed $78,000 Active
9. 2024-04-17
   price $87,000
10. 2024-03-28
    price $90,000
11. 2024-01-05
    price $92,500
12. 2022-05-12
    soldstatus $70,000
13. 2022-05-11
    soldstatus $70,000 Sold 410-char remark

    Show marketing remark (410 chars)

    Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

14. 2022-04-14
    historical Contingent 410-char remark

    Show marketing remark (410 chars)

    Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

15. 2022-02-26
    price $64,900 410-char remark

    Show marketing remark (410 chars)

    Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

16. 2021-12-19
    price $69,900 410-char remark

    Show marketing remark (410 chars)

    Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

17. 2021-11-30
    listed $74,000 Active 410-char remark

    Show marketing remark (410 chars)

    Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

18. 2021-11-22
    historical $74,000 410-char remark

    Show marketing remark (410 chars)

    Well Maintained - One of a Kind Home! Sparkling Hardwood Floors throughout except for Kitchen and Bathroom! 2 Spacious Bedrooms and 1 Bath! Huge Walk-in Closet and Laundry on Main Level as well! Updated Kitchen, New Bathroom Flooring, Vanity and toilet! New Furnace! Low Maintenance Aluminum Siding! Newer Windows and Glassed In Front Porch for Relaxing after a Long Day! Hurry This One Will Not Last Long!

19. 1992-02-01
    soldstatus $30,765
20. 1987-06-22
    soldstatus $23,500

ⓘ 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: $960 · $80/mo
• Projected year-2 tax: $960 · $80/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 6 d/yr ≥108°F today · 16 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: $14,497
• − Mortgage interest: −$4,369
• − Property taxes: −$960
• − Insurance: −$390
• − Repairs & maintenance: −$1,160
• − Management: −$1,160
• − Depreciation: −$2,269
• Taxable income: $4,189
• Est. tax owed @ 24.0%: −$1,005
• After-tax cash flow: $4,189/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

-94.5% since first listed

20 events — show timeline

• 2025-07-26 Rental Removed $1,300 BUILDIUM
• 2025-06-04 Sold (Public Records) $110,000 Public Records
• 2025-03-13 Rental Removed $1,300 GALMLS
• 2025-03-07 Listed for Rent $1,300 BUILDIUM
• 2024-12-12 Listed for Rent $1,300 GALMLS
• 2024-11-04 Sold (Public Records) $72,500 Public Records
• 2024-10-30 Pending — Greater Alabama MLS
• 2024-09-05 Listed $78,000 Greater Alabama MLS
• 2024-04-17 Price Changed $87,000 Greater Alabama MLS
• 2024-03-28 Price Changed $90,000 Greater Alabama MLS
• 2024-01-05 Price Changed $92,500 Greater Alabama MLS
• 2022-05-12 Sold (Public Records) $70,000 Public Records
• 2022-05-11 Sold (MLS) $70,000 Greater Alabama MLS
• 2022-04-14 Contingent — Greater Alabama MLS
• 2022-02-26 Price Changed $64,900 Greater Alabama MLS
• 2021-12-19 Price Changed $69,900 Greater Alabama MLS
• 2021-11-30 Listed $74,000 Greater Alabama MLS
• 2021-11-22 Coming Soon $74,000 Greater Alabama MLS
• 1992-02-01 Sold (Public Records) $30,765 Public Records
• 1987-06-22 Sold (Public Records) $23,500 Public Records

Property tax history

+12.3%/yr

Latest (2025): $960 · -13.1% YoY. Source: county tax records.