3716 Fir Ave SW · Birmingham, AL 35221

$99,000

3 bd · 1.0 ba · 1,066 sqft · SingleFamily public records · 218 Days on market

Built 1954 0.25 ac lot $93/sqft · 56% above area

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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 +23.9/30.0
• DSCR +7.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.6/10.0
• Appreciation +4.3/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0

Listing remarks MLS

Great investment opportunity! New HVAC system including duct work, vents, registers, and thermostat. Current tenant pays $980/mo. This property is 1 of 3 offered in a portfolio of other properties. Seller willing to sell individually or all 3 together. Other properties in portfolio are 2709 9th Street NE $125K, and 704 Falmouth Street, $81,900. Seller will not entertain subject 2 or owner financing options. Property is tenant occupied - Please DO NOT DISTURB TENANT. Only AFTER property is under contract are showings scheduled 48HRS in advance. Don't miss Rent Roll in document section.

Key facts

• Thermostat
• Duct work
• Vents

Tags

• NEW HVAC SYSTEM
• DUCT WORK
• VENTS
• REGISTERS
• THERMOSTAT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $191 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.6% 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-, schools F, crime 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.
• Market conditions: 26 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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 (-1.3%/yr); year-one equity from $684 of loan paydown is wiped out by about $1k 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 (-1.3% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 218 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y 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 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 218 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.06% ✓
• Cap rate: 8.61%
• Cash-on-cash: 8.28%
• DSCR: 1.37
• GRM: 7.8

CMA / ARV

• ARV (median comp): $63,558
• List price: $99,000
• Delta: 55.76%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3729 Pine Ave SW	0.47mi	3/1.0	1,067 (+0%)	5mo	$70,000	$66	74
1417 Brighton Rd	0.61mi	3/1.5	1,048 (-2%)	6mo	$110,000	$105	62
1101 Susan Ln	0.62mi	3/2.0	1,025 (-4%)	1mo	$164,000	$160	60
3329 Park Ave SW	0.38mi	3/1.0	1,176 (+10%)	6mo	$59,900	$51	60
6633 Avenue	0.68mi	3/2.0	1,107 (+4%)	2mo	$99,900	$90	56
2812 32nd Way SW	0.45mi	3/1.0	1,205 (+13%)	4mo	$35,000	$29	54
1205 Brighton Rd	0.65mi	3/1.5	1,147 (+8%)	3mo	$93,000	$81	53
4100 Park Ave	0.63mi	3/1.0	1,125 (+6%)	10mo	$82,500	$73	53
1240 Rayfield Dr	0.58mi	3/1.0	1,192 (+12%)	2mo	$75,313	$63	52
1376 Creel Ct	0.73mi	3/1.0	1,008 (-5%)	8mo	$72,500	$72	50
3417 Maple Ave SW	0.42mi	2/1.0 (-1)	910 (-15%)	2mo	$50,000	$55	49
6636 Avenue	0.68mi	3/2.0	1,134 (+6%)	9mo	$165,000	$146	46

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

Projected returns pro-forma

-1.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.8%
• Equity multiple: 1.12×
• Total profit: $3,311
• Equity at exit: $22,396

10-year hold

• IRR: 9.7%
• Equity multiple: 1.91×
• Total profit: $25,162
• Equity at exit: $22,262

Cash invested: $27,720 (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 35221

• Home prices YoY: -1.1%
• Active inventory: 26
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,053 high
• Mortgage (P&I): −$519
• Tax from tax record: −$80 /mo · $958/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$221
• Net cashflow: $191

Break-even live

Break-even rent $810

Max offer price $99,000

Occupancy floor 77%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3400 Walnut Ave SW Birmingham, AL	3.0	1.0	1133	$1,200	$1.06	43d	1	0.28mi
3332 Walnut Ave SW Birmingham, AL	3.0	1.0	1339	$750	$0.56	19d	1	0.32mi
3616 Maple Ave SW Birmingham, AL	2.0	1.0	1488	$950	$0.64	43d	1	0.33mi
3417 Park Ave SW Birmingham, AL	4.0	1.0	1402	$900	$0.64	43d	1	0.34mi
3729 Maple Ave SW Birmingham, AL	3.0	2.0	1008	$1,200	$1.19	43d	1	0.34mi
3736 Oak Ave SW Birmingham, AL	3.0	2.0	984	$1,050	$1.07	23d	1	0.38mi
2804 32nd Way SW Birmingham, AL	3.0	1.0	840	$900	$1.07	43d	1	0.45mi
3729 Pine Ave SW Birmingham, AL	3.0	1.0	1067	$1,100	$1.03	21d	1	0.47mi
2805 32nd Way SW Birmingham, AL	3.0	1.0	792	$900	$1.14	43d	1	0.48mi
1112 S Gale Dr Birmingham, AL	3.0	1.5	1053	$1,175	$1.12	43d	1	0.53mi
913 Daniel Cir Birmingham, AL	4.0	2.0	1317	$1,300	$0.99	43d	1	0.58mi
1441 Creel St Birmingham, AL	3.0	2.0	1319	$1,275	$0.97	3d	1	0.60mi
1417 Brighton Rd Birmingham, AL	3.0	2.0	1048	$1,200	$1.15	43d	1	0.61mi
408 Midway St Birmingham, AL	3.0	1.0	1301	$1,075	$0.83	19d	1	0.63mi
2300 31st St SW Unit ENSLEY2316 A Birmingham, AL	2.0	1.0	750	$1,000	$1.33	2d	1	0.63mi
4029 Walnut Ave SW Birmingham, AL	2.0	1.0	1300	$1,369	$1.05	3d	1	0.65mi
1376 Creel Ct Birmingham, AL	3.0	1.0	1008	$1,000	$0.99	43d	1	0.72mi
1433 Rayfield Dr Birmingham, AL	3.0	1.0	1064	$950	$0.89	43d	1	0.76mi
1838 31st St SW Birmingham, AL	3.0	2.0	1400	$1,223	$0.87	16d	1	0.81mi
1412 Woodward Rd Birmingham, AL	3.0	1.0	1220	$1,203	$0.99	16d	1	0.81mi
3720 Howard Ave SW Birmingham, AL	3.0	1.0	1092	$1,200	$1.10	23d	1	0.82mi
4120 George Ave SW Birmingham, AL	2.0	1.0	944	$850	$0.90	23d	1	0.84mi
3000 Dawson Ave SW Birmingham, AL	3.0	1.0	1092	$925	$0.85	43d	1	0.85mi
340 McPherson Ave Birmingham, AL	2.0	1.0	924	$910	$0.98	43d	1	0.88mi
336 McPherson Ave Birmingham, AL	3.0	1.0	1094	$1,100	$1.01	23d	1	0.88mi
373 Belcher Dr Birmingham, AL	4.0	1.0	1255	$1,100	$0.88	43d	1	0.88mi
1272 Meadow Ln Birmingham, AL	2.0	1.0	744	$800	$1.08	43d	1	0.93mi
4009 Grasselli Ave SW Birmingham, AL	3.0	1.0	875	$900	$1.03	23d	1	0.94mi
1341 Pineview Rd Birmingham, AL	4.0	2.0	1409	$1,300	$0.92	43d	1	1.06mi
120 Parkwood St Birmingham, AL	3.0	1.5	1224	$1,150	$0.94	16d	1	1.07mi
1012 33rd St SW Birmingham, AL	1.0–2.0	1.0–2.0	800	$750	$0.94	2d	1	1.07mi
1721 Collier Dr Birmingham, AL	2.0	1.0	925	$800	$0.86	43d	1	1.09mi
1340 Pineview Rd Birmingham, AL	3.0	2.0	1116	$1,075	$0.96	43d	1	1.10mi
537 Grant St Birmingham, AL	3.0	1.0	1444	$1,200	$0.83	23d	1	1.11mi
3116 Steiner Ave SW Birmingham, AL	3.0	1.0	1362	$1,200	$0.88	43d	1	1.12mi
2709 Powderly Ave SW Birmingham, AL	3.0	2.0	1056	$950	$0.90	23d	1	1.15mi
517 Grant St Birmingham, AL	3.0	1.0	912	$850	$0.93	23d	1	1.15mi
2516 Powderly Ave SW Birmingham, AL	3.0	1.0	1236	$1,050	$0.85	43d	1	1.21mi
5808 Court O Birmingham, AL	3.0	1.5	1227	$1,100	$0.90	43d	1	1.23mi
5832 Court Q Birmingham, AL	3.0	1.0	912	$950	$1.04	44d	1	1.26mi

Listing history 24 events

1. 2026-06-18
   days on market $99,000 Active 218 DOM
2. 2026-06-17
   days on market $99,000 Active 217 DOM
3. 2026-06-16
   days on market $99,000 Active 216 DOM
4. 2026-06-15
   days on market $99,000 Active 215 DOM
5. 2026-06-13
   days on market $99,000 Active 213 DOM
6. 2026-06-10
   days on market $99,000 Active 210 DOM
7. 2026-06-09
   days on market $99,000 Active 209 DOM
8. 2026-06-08
   days on market $99,000 Active 208 DOM
9. 2026-06-07
   days on market $99,000 Active 207 DOM
10. 2026-06-03
    days on market $99,000 Active 203 DOM
11. 2026-06-02
    days on market $99,000 Active 202 DOM
12. 2026-06-01
    days on market $99,000 Active 201 DOM
13. 2026-05-31
    days on market $99,000 Active 200 DOM
14. 2026-05-08
    status Active 591-char remark

    Show marketing remark (591 chars)

    Great investment opportunity! New HVAC system including duct work, vents, registers, and thermostat. Current tenant pays $980/mo. This property is 1 of 3 offered in a portfolio of other properties. Seller willing to sell individually or all 3 together. Other properties in portfolio are 2709 9th Street NE $125K, and 704 Falmouth Street, $81,900. Seller will not entertain subject 2 or owner financing options. Property is tenant occupied - Please DO NOT DISTURB TENANT. Only AFTER property is under contract are showings scheduled 48HRS in advance. Don't miss Rent Roll in document section.

15. 2026-05-08
    historical 591-char remark

    Show marketing remark (591 chars)

    Great investment opportunity! New HVAC system including duct work, vents, registers, and thermostat. Current tenant pays $980/mo. This property is 1 of 3 offered in a portfolio of other properties. Seller willing to sell individually or all 3 together. Other properties in portfolio are 2709 9th Street NE $125K, and 704 Falmouth Street, $81,900. Seller will not entertain subject 2 or owner financing options. Property is tenant occupied - Please DO NOT DISTURB TENANT. Only AFTER property is under contract are showings scheduled 48HRS in advance. Don't miss Rent Roll in document section.

16. 2025-11-11
    listed $99,000 Active 591-char remark

    Show marketing remark (591 chars)

    Great investment opportunity! New HVAC system including duct work, vents, registers, and thermostat. Current tenant pays $980/mo. This property is 1 of 3 offered in a portfolio of other properties. Seller willing to sell individually or all 3 together. Other properties in portfolio are 2709 9th Street NE $125K, and 704 Falmouth Street, $81,900. Seller will not entertain subject 2 or owner financing options. Property is tenant occupied - Please DO NOT DISTURB TENANT. Only AFTER property is under contract are showings scheduled 48HRS in advance. Don't miss Rent Roll in document section.

17. 2024-08-23
    historical $980
18. 2024-08-06
    historical $980
19. 2024-08-01
    listed $980
20. 2024-07-28
    historical $980
21. 2024-07-23
    listed $980
22. 2024-05-23
    listed $980
23. 2023-10-31
    soldstatus $154,137
24. 2022-07-10
    price $42,500

ⓘ 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: $958 · $80/mo
• Projected year-2 tax: $958 · $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 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 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 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,633
• − Mortgage interest: −$5,546
• − Property taxes: −$958
• − Insurance: −$495
• − Repairs & maintenance: −$1,011
• − Management: −$1,011
• − Depreciation: −$2,880
• Taxable income: $732
• Est. tax owed @ 24.0%: −$176
• After-tax cash flow: $2,120/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
• City population: 210,422
• Population (ZIP): 3,127

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% Two or more races 7% Hispanic / Latino 6% White 4%
• Hispanic origin (detail): Mexican 6%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 6%

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: ▼ -1.32%
• Current HPI: 121.0566
• Rent YoY: —
• Metro: —
• 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

+132.9% since first listed

11 events — show timeline

• 2026-05-08 Relisted — Greater Alabama MLS
• 2026-05-08 Delisted — Greater Alabama MLS
• 2025-11-11 Listed $99,000 Greater Alabama MLS
• 2024-08-23 Rental Removed $980 APPFOLIO
• 2024-08-06 Rental Removed $980 RENT.
• 2024-08-01 Listed for Rent $980 RENT.
• 2024-07-28 Rental Removed $980 RENT.
• 2024-07-23 Listed for Rent $980 RENT.
• 2024-05-23 Listed for Rent $980 APPFOLIO
• 2023-10-31 Sold (Public Records) $154,137 Public Records
• 2022-07-10 Price Changed $42,500 Greater Alabama MLS

Property tax history

+3.5%/yr

Latest (2025): $958 · +0.0% YoY. Source: county tax records.