341 Midwood Ave · Midfield, AL 35228

$85,000

3 bd · 1.0 ba · 1,164 sqft · SingleFamily public records · 276 Days on market

Built 1950 8,712 sqft lot $73/sqft · 10% above area Est $78k · 10% 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
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• ARV discount +3.2/15.0
• 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

Great opportunity for an investor or homeowner! This 3 bed / 1 bath single-story home is currently tenant-occupied on a month-to-month lease at $950/month, providing immediate cash flow. Market rents in the area are closer to $1,200/month, leaving plenty of upside for the next owner. Whether you keep the tenant in place for steady income or move them out to make this property your own, you’ll find strong potential here. With just a little TLC, this home can truly shine. Located on a charming street in Birmingham with ample parking and great space, it offers affordability and flexibility for both investors and primary occupants alike. Don’t miss this chance to secure a property with built in equity.

Key facts

• 8,712 sq ft lot
• Garage
• Built 1950

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $320 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.

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; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 $588 of loan paydown is wiped out by about $3k 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 276 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y ago; this cycle's ask has dropped $30k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $62k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — 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 $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 276 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 1950 — 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. 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: 1.35% ✓
• Cap rate: 10.81%
• Cash-on-cash: 16.14%
• DSCR: 1.72
• GRM: 6.2

CMA / ARV

• ARV (median comp): $77,526
• List price: $85,000
• Delta: 9.64%
• 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
1356 Woodward Rd	0.04mi	3/1.0	1,164 (0%)	1mo	$98,000	$84	98
1412 Woodward Rd	0.11mi	3/1.0	1,220 (+5%)	2mo	$65,000	$53	85
1240 Rayfield Dr	0.28mi	3/1.0	1,192 (+2%)	2mo	$75,313	$63	81
1205 Brighton Rd	0.50mi	3/1.5	1,147 (-2%)	3mo	$93,000	$81	70
1376 Creel Ct	0.09mi	3/1.0	1,008 (-13%)	8mo	$72,500	$72	66
1101 Susan Ln	0.35mi	3/2.0	1,025 (-12%)	1mo	$164,000	$160	59
130 Woodward Rd	0.38mi	3/1.0	1,023 (-12%)	8mo	$54,887	$54	56
6633 Avenue	0.68mi	3/2.0	1,107 (-5%)	2mo	$99,900	$90	54
6636 Avenue	0.65mi	3/2.0	1,134 (-3%)	9mo	$165,000	$146	54
1505 Collier Dr	0.44mi	3/1.0	992 (-15%)	4mo	$60,000	$60	51
913 Daniel Cir	0.50mi	3/1.5	1,317 (+13%)	6mo	$75,000	$57	48
1417 Brighton Rd	0.71mi	3/1.5	1,048 (-10%)	6mo	$110,000	$105	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: 3.7%
• Equity multiple: 1.14×
• Total profit: $3,267
• Equity at exit: $12,674

10-year hold

• IRR: 10.1%
• Equity multiple: 1.68×
• Total profit: $16,157
• Equity at exit: $7,349

Cash invested: $23,800 (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: 6.2×

Monthly cashflow live

• Estimated rent: $1,149 high
• Mortgage (P&I): −$446
• Tax from tax record: −$106 /mo · $1,277/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$241
• Net cashflow: $320

Break-even live

Break-even rent $744

Max offer price $85,000

Occupancy floor 67%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
336 McPherson Ave Birmingham, AL	3.0	1.0	1094	$1,100	$1.01	23d	1	0.08mi
340 McPherson Ave Birmingham, AL	2.0	1.0	924	$910	$0.98	43d	1	0.08mi
1376 Creel Ct Birmingham, AL	3.0	1.0	1008	$1,000	$0.99	43d	1	0.10mi
1412 Woodward Rd Birmingham, AL	3.0	1.0	1220	$1,203	$0.99	15d	1	0.14mi
373 Belcher Dr Birmingham, AL	4.0	1.0	1255	$1,100	$0.88	43d	1	0.16mi
408 Midway St Birmingham, AL	3.0	1.0	1301	$1,075	$0.83	19d	1	0.19mi
1433 Rayfield Dr Birmingham, AL	3.0	1.0	1064	$950	$0.89	43d	1	0.23mi
1441 Creel St Birmingham, AL	3.0	2.0	1319	$1,275	$0.97	3d	1	0.28mi
1112 S Gale Dr Birmingham, AL	3.0	1.5	1053	$1,175	$1.12	43d	1	0.36mi
120 Parkwood St Birmingham, AL	3.0	1.5	1224	$1,150	$0.94	15d	1	0.44mi
913 Daniel Cir Birmingham, AL	4.0	2.0	1317	$1,300	$0.99	43d	1	0.48mi
1417 Brighton Rd Birmingham, AL	3.0	2.0	1048	$1,200	$1.15	43d	1	0.69mi
537 Grant St Birmingham, AL	3.0	1.0	1444	$1,200	$0.83	23d	1	0.73mi
517 Grant St Birmingham, AL	3.0	1.0	912	$850	$0.93	23d	1	0.73mi
1721 Collier Dr Birmingham, AL	2.0	1.0	925	$800	$0.86	43d	1	0.76mi
502 64th St Fairfield, AL	3.0	1.0	1250	$695	$0.56	43d	1	0.76mi
1272 Meadow Ln Birmingham, AL	2.0	1.0	744	$800	$1.08	43d	1	0.77mi
435 62nd St Fairfield, AL	3.0	2.0	1249	$985	$0.79	43d	1	0.87mi
704 61st St Fairfield, AL	3.0	1.0	1184	$1,050	$0.89	23d	1	0.91mi
5709 Court H Birmingham, AL	4.0	1.5	1455	$1,400	$0.96	1d	1	0.95mi
1341 Pineview Rd Birmingham, AL	4.0	2.0	1409	$1,300	$0.92	43d	1	0.96mi
125 Jerry Coleman St Fairfield, AL	2.0	1.0	715	$725	$1.01	43d	1	0.97mi
1340 Pineview Rd Birmingham, AL	3.0	2.0	1116	$1,075	$0.96	43d	1	0.97mi
3729 Maple Ave SW Birmingham, AL	3.0	2.0	1008	$1,200	$1.19	43d	1	0.98mi
5712 Monte Sano Rd Birmingham, AL	2.0	1.0	700	$900	$1.29	43d	1	0.98mi
3736 Oak Ave SW Birmingham, AL	3.0	2.0	984	$1,050	$1.07	23d	1	0.99mi
5710 Monte Sano Dr Birmingham, AL	2.0	1.0	700	$950	$1.36	43d	1	1.00mi
3616 Maple Ave SW Birmingham, AL	2.0	1.0	1488	$950	$0.64	43d	1	1.06mi
5503 Myron Massey Blvd Fairfield, AL	3.0	2.0	1119	$1,200	$1.07	43d	1	1.07mi
3400 Walnut Ave SW Birmingham, AL	3.0	1.0	1133	$1,200	$1.06	43d	1	1.08mi
3729 Pine Ave SW Birmingham, AL	3.0	1.0	1067	$1,100	$1.03	21d	1	1.08mi
3417 Park Ave SW Birmingham, AL	4.0	1.0	1402	$900	$0.64	43d	1	1.08mi
3332 Walnut Ave SW Birmingham, AL	3.0	1.0	1339	$750	$0.56	19d	1	1.09mi
5406 Court G Unit G Fairfield, AL	3.0	2.0	1449	$1,199	$0.83	11d	1	1.13mi
4029 Walnut Ave SW Birmingham, AL	2.0	1.0	1300	$1,369	$1.05	3d	1	1.15mi
5316 Court I Birmingham, AL	3.0	2.0	1284	$1,200	$0.93	43d	1	1.17mi
5808 Court O Birmingham, AL	3.0	1.5	1227	$1,100	$0.90	43d	1	1.18mi
109 59th St Fairfield, AL	4.0	1.0	1344	$1,200	$0.89	11d	1	1.19mi
5300 Avenue I Birmingham, AL	4.0	2.0	1360	$1,500	$1.10	1d	1	1.20mi
209 58th St Fairfield, AL	3.0	2.0	1468	$1,200	$0.82	43d	1	1.20mi

Listing history 10 events

1. 2026-05-31
   days on market $85,000 Active 276 DOM
2. 2026-01-17
   price $85,000 719-char remark

   Show marketing remark (719 chars)

   Great opportunity for an investor or homeowner! This 3 bed / 1 bath single-story home is currently tenant-occupied on a month-to-month lease at $950/month, providing immediate cash flow. Market rents in the area are closer to $1,200/month, leaving plenty of upside for the next owner. Whether you keep the tenant in place for steady income or move them out to make this property your own, you’ll find strong potential here. With just a little TLC, this home can truly shine. Located on a charming street in Birmingham with ample parking and great space, it offers affordability and flexibility for both investors and primary occupants alike. Don’t miss this chance to secure a property with built in equity.

3. 2025-09-13
   price $90,000 719-char remark

   Show marketing remark (719 chars)

   Great opportunity for an investor or homeowner! This 3 bed / 1 bath single-story home is currently tenant-occupied on a month-to-month lease at $950/month, providing immediate cash flow. Market rents in the area are closer to $1,200/month, leaving plenty of upside for the next owner. Whether you keep the tenant in place for steady income or move them out to make this property your own, you’ll find strong potential here. With just a little TLC, this home can truly shine. Located on a charming street in Birmingham with ample parking and great space, it offers affordability and flexibility for both investors and primary occupants alike. Don’t miss this chance to secure a property with built in equity.

4. 2025-09-05
   price $105,000 719-char remark

   Show marketing remark (719 chars)

   Great opportunity for an investor or homeowner! This 3 bed / 1 bath single-story home is currently tenant-occupied on a month-to-month lease at $950/month, providing immediate cash flow. Market rents in the area are closer to $1,200/month, leaving plenty of upside for the next owner. Whether you keep the tenant in place for steady income or move them out to make this property your own, you’ll find strong potential here. With just a little TLC, this home can truly shine. Located on a charming street in Birmingham with ample parking and great space, it offers affordability and flexibility for both investors and primary occupants alike. Don’t miss this chance to secure a property with built in equity.

5. 2025-08-28
   listed $115,000 Active 719-char remark

   Show marketing remark (719 chars)

   Great opportunity for an investor or homeowner! This 3 bed / 1 bath single-story home is currently tenant-occupied on a month-to-month lease at $950/month, providing immediate cash flow. Market rents in the area are closer to $1,200/month, leaving plenty of upside for the next owner. Whether you keep the tenant in place for steady income or move them out to make this property your own, you’ll find strong potential here. With just a little TLC, this home can truly shine. Located on a charming street in Birmingham with ample parking and great space, it offers affordability and flexibility for both investors and primary occupants alike. Don’t miss this chance to secure a property with built in equity.

6. 2022-03-30
   soldstatus $62,000
7. 2022-03-29
   soldstatus $72,500 Sold 496-char remark

   Show marketing remark (496 chars)

   “Investors Special”, Assignment of property Beautiful single family home. Property will be delivered vacant upon closing. Also lock box is currently on property but please reach out before heading to property as tenants are still in place. Garage with 4 car port. Also have inspection report with full photos upon requests. Priced low and also move in ready. Cash Buyers and or Hard Money. Once purchased great property to either place more tenants or to “Finish and Flip”

8. 2022-03-13
   listed $79,500 Active 496-char remark

   Show marketing remark (496 chars)

   “Investors Special”, Assignment of property Beautiful single family home. Property will be delivered vacant upon closing. Also lock box is currently on property but please reach out before heading to property as tenants are still in place. Garage with 4 car port. Also have inspection report with full photos upon requests. Priced low and also move in ready. Cash Buyers and or Hard Money. Once purchased great property to either place more tenants or to “Finish and Flip”

9. 2012-03-15
   soldstatus $21,000
10. 2012-01-13
    listed $27,000

ⓘ 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: $1,277 · $106/mo
• Projected year-2 tax: $1,277 · $106/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 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: $13,788
• − Mortgage interest: −$4,761
• − Property taxes: −$1,277
• − Insurance: −$425
• − Repairs & maintenance: −$1,103
• − Management: −$1,103
• − Depreciation: −$2,473
• Taxable income: $2,646
• Est. tax owed @ 24.0%: −$635
• After-tax cash flow: $3,207/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

+214.8% since first listed

9 events — show timeline

• 2026-01-17 Price Changed $85,000 Greater Alabama MLS
• 2025-09-13 Price Changed $90,000 Greater Alabama MLS
• 2025-09-05 Price Changed $105,000 Greater Alabama MLS
• 2025-08-28 Listed $115,000 Greater Alabama MLS
• 2022-03-30 Sold (Public Records) $62,000 Public Records
• 2022-03-29 Sold (MLS) $72,500 Greater Alabama MLS
• 2022-03-13 Listed $79,500 Greater Alabama MLS
• 2012-03-15 Sold (MLS) $21,000 Greater Alabama MLS
• 2012-01-13 Listed $27,000 Greater Alabama MLS

Property tax history

+3.9%/yr

Latest (2025): $1,277 · +6.9% YoY. Source: county tax records.