1317 59th St · Birmingham, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 7/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- DSCR +10.0/10.0
- 1% rule +9.0/10.0
- ARV discount +3.4/15.0
- Livability +3.4/5.0
- Appreciation +2.6/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Schools +0.9/10.0
$80,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming rental home at 1317 59th Street W featuring 3 bedrooms and 1 bath, a spacious living area, updated flooring, and a functional kitchen with ample cabinet space. Enjoy a private yard and convenient off-street parking. Located near shopping, dining, and major roadways. Currently occupied, showings by appointment only.
Key facts
- Functional kitchen
- Spacious living area
- Private yard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $80k.
Deal economics
- At list price, monthly cash flow is $331 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $73k (9.0% below list) — sets the bar for market timing.
- Cap rate 11.3% 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: Rents soft (-1.5%/yr); 87 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); 65% 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 $553 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 ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 112 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 11y 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 $52k; list at $80k implies a 54% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1948 — 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.
Questions for the listing agent
- It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.40% ✓
- Cap rate
- 11.25%
- Cash-on-cash
- 17.72%
- DSCR
- 1.79
- GRM
- 6.0
CMA / ARV
- ARV (median comp)
- $73,362
- List price
- $80,000
- Delta
- 9.05%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5700 Avenue P | 0.30mi | 3/1.0 | 936 (+2%) | 7mo | $109,000 | $116 | 78 |
| 5800 Court | 0.09mi | 2/1.0 (-1) | 860 (-7%) | 6mo | $83,700 | $97 | 74 |
| 5512 Terrace J | 0.37mi | 3/1.0 | 972 (+6%) | 3mo | $22,000 | $23 | 71 |
| 1560 Meadow Ln | 0.37mi | 3/1.0 | 1,008 (+9%) | 1mo | $87,000 | $86 | 66 |
| 5800 Court Q | 0.46mi | 3/1.0 | 1,024 (+11%) | 2mo | $111,000 | $108 | 58 |
| 1509 Burgin Ave | 0.47mi | 3/1.0 | 1,011 (+10%) | 4mo | $17,500 | $17 | 58 |
| 1100 Pineview Rd | 0.41mi | 2/1.0 (-1) | 842 (-9%) | 5mo | $106,000 | $126 | 57 |
| 5541 Court P | 0.39mi | 2/1.0 (-1) | 1,035 (+12%) | 1mo | $35,000 | $34 | 55 |
| 5704 Myron Massey Blvd | 0.73mi | 2/1.0 (-1) | 894 (-3%) | 5mo | $35,000 | $39 | 52 |
| 721 51st St | 0.75mi | 2/1.0 (-1) | 962 (+4%) | 7mo | $67,000 | $70 | 47 |
| 5321 Avenue K | 0.40mi | 2/1.0 (-1) | 792 (-14%) | 8mo | $30,100 | $38 | 46 |
| 1417 Brighton Rd | 0.60mi | 3/1.5 | 1,048 (+14%) | 6mo | $110,000 | $105 | 42 |
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
- IRR
- 5.8%
- Equity multiple
- 1.22×
- Total profit
- $4,841
- Equity at exit
- $11,928
- IRR
- 12.3%
- Equity multiple
- 1.84×
- Total profit
- $18,740
- Equity at exit
- $6,917
Cash invested: $22,400 (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
ZIP-level market 35228
- Home prices YoY
- -3.5%
- Rents YoY
- -1.5%
- Active inventory
- 87
- Price-to-rent
- 6.0×
Monthly cashflow live
- Estimated rent
- $1,119 high interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax from tax record
- −$100 /mo · $1,202/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$235
- Net cashflow
- $331
Break-even live
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
- $20,000
- Closing costs
- $2,400
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1340 Pineview Rd Birmingham, AL | 3.0 | 2.0 | 1116 | $1,075 | $0.96 | 43d | 1 | 0.16mi |
| 5725 Avenue O Unit O Birmingham, AL | 3.0 | 1.0 | 957 | $1,073 | $1.12 | 23d | 1 | 0.20mi |
| 5717 Avenue O Unit O Birmingham, AL | 3.0 | 2.0 | 1029 | $1,250 | $1.21 | 43d | 1 | 0.21mi |
| 5710 Monte Sano Dr Birmingham, AL | 2.0 | 1.0 | 700 | $950 | $1.36 | 43d | 1 | 0.27mi |
| 5604 Terrace O Birmingham, AL | 4.0 | 1.0 | 1072 | $1,325 | $1.24 | 43d | 1 | 0.29mi |
| 1272 Meadow Ln Birmingham, AL | 2.0 | 1.0 | 744 | $800 | $1.08 | 43d | 1 | 0.32mi |
| 5516 Avenue P Birmingham, AL | 2.0 | 1.0 | 888 | $1,000 | $1.13 | 43d | 1 | 0.34mi |
| 5712 Monte Sano Rd Birmingham, AL | 2.0 | 1.0 | 700 | $900 | $1.29 | 43d | 1 | 0.39mi |
| 5832 Court Q Birmingham, AL | 3.0 | 1.0 | 912 | $950 | $1.04 | 44d | 1 | 0.45mi |
| 5820 Court Q Birmingham, AL | 3.0 | 1.0 | 902 | $1,200 | $1.33 | 43d | 1 | 0.47mi |
| 1012 33rd St SW Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 800 | $750 | $0.94 | 3d | 1 | 0.56mi |
| 5320 Ter Q Unit Q Birmingham, AL | 3.0 | 2.0 | 1116 | $1,250 | $1.12 | 43d | 1 | 0.59mi |
| 5219 Court Q Birmingham, AL | 3.0 | 2.0 | 1082 | $1,200 | $1.11 | 19d | 1 | 0.60mi |
| 4716 Court M Birmingham, AL | 4.0 | 1.0 | 932 | $1,200 | $1.29 | 43d | 1 | 0.62mi |
| 1417 Brighton Rd Birmingham, AL | 3.0 | 2.0 | 1048 | $1,200 | $1.15 | 43d | 1 | 0.63mi |
| 5211 Ter Q Unit Q Birmingham, AL | 2.0 | 1.0 | 756 | $775 | $1.03 | 43d | 1 | 0.65mi |
| 1429 47th Street Ensley Unit ENSLEY Birmingham, AL | 2.0 | 1.0 | 768 | $750 | $0.98 | 43d | 1 | 0.66mi |
| 5503 Myron Massey Blvd Fairfield, AL | 3.0 | 2.0 | 1119 | $1,200 | $1.07 | 43d | 1 | 0.73mi |
| 1781 51st Street Ensley Unit ENSLEY Birmingham, AL | 3.0 | 1.5 | 1069 | $950 | $0.89 | 43d | 1 | 0.75mi |
| 920 47th Street Ensley Birmingham, AL | 3.0 | 1.0 | 1070 | $895 | $0.84 | 3d | 1 | 0.84mi |
| 2904 Garrison Ave SW Birmingham, AL | 4.0 | 2.0 | 952 | $1,050 | $1.10 | 23d | 1 | 0.86mi |
| 1112 S Gale Dr Birmingham, AL | 3.0 | 1.5 | 1053 | $1,175 | $1.12 | 43d | 1 | 0.87mi |
| 4929 Avenue R Unit R Birmingham, AL | 2.0 | 1.0 | 962 | $950 | $0.99 | 43d | 1 | 0.92mi |
| 1604 44th Street Ensley Unit ENSLEY Birmingham, AL | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 23d | 1 | 0.92mi |
| 813 46th St Fairfield, AL | 2.0 | 1.0 | 1100 | $825 | $0.75 | 10d | 1 | 0.93mi |
| 1317 Woodward Rd Birmingham, AL | 2.0 | 1.0 | 672 | $800 | $1.19 | 2d | 1 | 0.95mi |
| 4724 Court R Birmingham, AL | 2.0 | 1.0 | 1016 | $895 | $0.88 | 14d | 1 | 0.95mi |
| 2409 Garrison Ave SW Birmingham, AL | 4.0 | 2.0 | 1000 | $1,295 | $1.29 | 43d | 1 | 1.00mi |
| 340 McPherson Ave Birmingham, AL | 2.0 | 1.0 | 924 | $910 | $0.98 | 43d | 1 | 1.03mi |
| 336 McPherson Ave Birmingham, AL | 3.0 | 1.0 | 1094 | $1,100 | $1.01 | 23d | 1 | 1.04mi |
| 1540 42nd Street Ensley Unit ENSLEY Birmingham, AL | 2.0 | 1.0 | 899 | $1,037 | $1.15 | 43d | 1 | 1.04mi |
| 612 26th St SW Birmingham, AL | 2.0 | 1.0 | 988 | $825 | $0.84 | 43d | 1 | 1.04mi |
| 3000 Dawson Ave SW Birmingham, AL | 3.0 | 1.0 | 1092 | $925 | $0.85 | 43d | 1 | 1.05mi |
| 1376 Creel Ct Birmingham, AL | 3.0 | 1.0 | 1008 | $1,000 | $0.99 | 43d | 1 | 1.07mi |
| 931 41st Street Ensley Birmingham, AL | 2.0 | 1.5 | 1048 | $995 | $0.95 | 3d | 1 | 1.09mi |
| 1520 41st Street Ensley Birmingham, AL | 3.0 | 2.0 | 1068 | $1,195 | $1.12 | 43d | 1 | 1.09mi |
| 410 54th St Fairfield, AL | 2.0 | 1.0 | 1068 | $700 | $0.66 | 3d | 1 | 1.11mi |
| 1429 Warrior Rd Birmingham, AL | 3.0 | 1.0 | 1036 | $850 | $0.82 | 16d | 1 | 1.12mi |
| 2519 Saint Charles Ave SW Birmingham, AL | 2.0 | 1.0 | 990 | $975 | $0.98 | 44d | 1 | 1.13mi |
| 2709 Powderly Ave SW Birmingham, AL | 3.0 | 2.0 | 1056 | $950 | $0.90 | 23d | 1 | 1.14mi |
Listing history 26 events
-
2026-06-18days on market $80,000 Active 112 DOM
-
2026-06-17days on market $80,000 Active 111 DOM
-
2026-06-16days on market $80,000 Active 110 DOM
-
2026-06-15days on market $80,000 Active 109 DOM
-
2026-06-13days on market $80,000 Active 107 DOM
-
2026-06-10days on market $80,000 Active 104 DOM
-
2026-06-09days on market $80,000 Active 103 DOM
-
2026-06-08days on market $80,000 Active 102 DOM
-
2026-06-07days on market $80,000 Active 101 DOM
-
2026-06-03days on market $80,000 Active 97 DOM
-
2026-06-02days on market $80,000 Active 96 DOM
-
2026-06-01days on market $80,000 Active 95 DOM
-
2026-05-31days on market $80,000 Active 94 DOM
-
2026-02-26$80,000 Active 325-char remark
Show marketing remark (325 chars)
Charming rental home at 1317 59th Street W featuring 3 bedrooms and 1 bath, a spacious living area, updated flooring, and a functional kitchen with ample cabinet space. Enjoy a private yard and convenient off-street parking. Located near shopping, dining, and major roadways. Currently occupied, showings by appointment only.
-
2020-06-22soldstatus $52,000
-
2018-11-20soldstatus $40,000 Sold 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-11-12historical 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-11-12historical Contingent 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-10-13price $49,900 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-08-05price $57,000 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-06-16price $59,900 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-05-25price $63,000 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2018-04-17$64,000 Active 715-char remark
Show marketing remark (715 chars)
Completely renovated 3 bedroom, 1 bath home with beautiful Wood & Tile Floors, New Roof 2016, Gas Fireplace in the Living Room, built-in Central Vacuum System, separate Dining Room, Family/den with a large walk-in closet, spacious Laundry Room, and best of all the appliances remain with home. Enjoy "quite time" in the fenced backyard under the large covered patio, or retreat to your "He or She" Storage Shed. This home also have a single car garage with a Covered Carport for a second car. Great Starter Home or ideal, if you're downsizing! Home Warranty paid thru 2019 and Termite & Wood Infestation already done and clear. "Why Rent, When You Can Own Your Own Home"
-
2016-01-05soldstatus $40,000 Sold
-
2015-11-30status Pending
-
2015-10-30$42,500 Active
ⓘ 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
- $1,202 · $100/mo
- Projected year-2 tax
- $1,202 · $100/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 7/10 Severe 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $13,425
- − Mortgage interest
- −$4,481
- − Property taxes
- −$1,202
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,074
- − Management
- −$1,074
- − Depreciation
- −$2,327
- Taxable income
- $2,866
- Est. tax owed @ 24.0%
- −$688
- After-tax cash flow
- $3,281/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
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)
- 10,216
- Household income
- $50,815
- Rent vs 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 |
|
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| Healthcare | 1 | $5B |
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Price history
+88.2% since first listed13 events — show timeline
- 2026-02-26 Listed $80,000 Greater Alabama MLS
- 2020-06-22 Sold (Public Records) $52,000 Public Records
- 2018-11-20 Sold (MLS) $40,000 Greater Alabama MLS
- 2018-11-12 Delisted — Greater Alabama MLS
- 2018-11-12 Contingent — Greater Alabama MLS
- 2018-10-13 Price Changed $49,900 Greater Alabama MLS
- 2018-08-05 Price Changed $57,000 Greater Alabama MLS
- 2018-06-16 Price Changed $59,900 Greater Alabama MLS
- 2018-05-25 Price Changed $63,000 Greater Alabama MLS
- 2018-04-17 Listed $64,000 Greater Alabama MLS
- 2016-01-05 Sold (MLS) $40,000 Greater Alabama MLS
- 2015-11-30 Pending — Greater Alabama MLS
- 2015-10-30 Listed $42,500 Greater Alabama MLS
Property tax history
+3.2%/yrLatest (2025): $1,202 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…