200 Boxwood Cir · Birmingham, AL 35215

$114,900

3 bd · 1.0 ba · 1,316 sqft · SingleFamily public records · 64 Days on market

Built 1956 0.44 ac lot $87/sqft · 8% above area Est $107k · 8% over

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Why this score? — see what drove the D+ 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 +22.4/30.0
• DSCR +7.2/10.0
• 1% rule +5.9/10.0
• ARV discount +4.0/15.0
• Livability +3.4/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully remodeled 3-bedroom, 2-bath home located on a desirable corner lot in the Roebuck area of Birmingham! This charming property perfectly blends modern updates with timeless appeal, offering both comfort and convenience for today’s homeowner. Situated on a prominent corner lot, this home offers added privacy and curb appeal, along with ample outdoor space for relaxing or hosting gatherings. The basement garage provides secure parking, additional storage, or even the potential for a workshop or flex space. Conveniently located near shopping, dining, and major roadways, this Roebuck gem offers the perfect balance of suburban comfort and city accessibility. Don’t miss your opportunity to own a beautifully updated home in one of Birmingham’s established neighborhoods!

Key facts

• 0.44 acre lot
• Garage
• Built 1956

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

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 $115k).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.3% 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 rising (+3.0%/yr); 334 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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 $794 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 64 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $80k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1956 — 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 $108,006 (6.0% below list)

Questions for the listing agent

1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 1.09% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.12%
• DSCR: 1.32
• GRM: 7.6

CMA / ARV

• ARV (median comp): $106,685
• List price: $114,900
• Delta: 7.70%
• 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
204 Boxwood Cir	0.02mi	3/1.0	1,252 (-5%)	4mo	$70,000	$56	88
216 Westwood Dr	0.14mi	3/1.0	1,384 (+5%)	0mo	$78,500	$57	85
240 Mccormick Ave	0.23mi	3/1.0	1,262 (-4%)	6mo	$141,000	$112	77
321 Glynn Dr	0.33mi	3/1.5	1,401 (+6%)	1mo	$140,000	$100	71
120 Roebuck Dr	0.26mi	3/2.0	1,247 (-5%)	8mo	$105,000	$84	69
321 Joan Ave	0.60mi	3/1.0	1,294 (-2%)	2mo	$121,000	$94	68
9809 Maple Ln	0.38mi	3/1.0	1,192 (-9%)	3mo	$130,000	$109	64
328 Pat Ave	0.61mi	3/1.0	1,244 (-6%)	1mo	$93,500	$75	61
252 Westwood Dr	0.23mi	3/1.5	1,124 (-15%)	6mo	$93,000	$83	58
932 Charles Ct	0.49mi	4/2.0 (+1)	1,430 (+9%)	5mo	$140,000	$98	50
405 Sunbrook Ave	0.49mi	3/1.5	1,120 (-15%)	2mo	$148,000	$132	48
101 95th St N	0.68mi	3/2.0	1,506 (+14%)	5mo	$82,000	$54	36

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 · 3.04% rent growth · sell at horizon

5-year hold

• IRR: -5.3%
• Equity multiple: 0.80×
• Total profit: $-6,379
• Equity at exit: $17,132

10-year hold

• IRR: 4.4%
• Equity multiple: 1.32×
• Total profit: $10,412
• Equity at exit: $9,934

Cash invested: $32,172 (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 35215

• Home prices YoY: -34.4%
• Rents YoY: 3.0%
• Active inventory: 334
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,256 high
• Mortgage (P&I): −$603
• Tax from tax record: −$151 /mo · $1,807/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$264
• Net cashflow: $191

Break-even live

Break-even rent $1,014

Max offer price $114,900

Occupancy floor 80%

Sensitivity live

Price	-10% $256	-5% $224	+0% $191	+5% $158	+10% $126
Rent	-10% $92	-5% $141	+0% $191	+5% $241	+10% $290
Rate	-1.0pp $249	-0.5pp $220	base $191	+0.5pp $161	+1.0pp $131

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9844 Greenlee Rd Birmingham, AL	3.0	1.0	1046	$950	$0.91	44d	1	0.13mi
221 Lawson Rd Birmingham, AL	3.0	1.5	1102	$1,325	$1.20	24d	1	0.15mi
204 McCormick Ave Birmingham, AL	3.0	1.0	880	$980	$1.11	4d	1	0.18mi
252 Westwood Dr Birmingham, AL	3.0	1.5	1124	$1,400	$1.25	2d	1	0.22mi
209 Tucker Ave Birmingham, AL	3.0	1.0	1044	$1,100	$1.05	44d	1	0.28mi
252 Meadowdale Ave Birmingham, AL	3.0	1.0	920	$995	$1.08	44d	1	0.30mi
316 Pine St Birmingham, AL	3.0	1.0	1232	$1,100	$0.89	44d	1	0.31mi
201 Rose Dr Birmingham, AL	3.0	1.0	972	$1,100	$1.13	17d	1	0.43mi
921 Charles Ct Birmingham, AL	4.0	2.0	1529	$1,450	$0.95	44d	1	0.47mi
957 Hickory Cir Birmingham, AL	3.0	2.0	1364	$1,195	$0.88	4d	1	0.47mi
426 Buckingham Cir Birmingham, AL	2.0	1.5	1080	$1,013	$0.94	44d	1	0.49mi
216 Sanford Dr Birmingham, AL	3.0	1.5	1134	$1,200	$1.06	44d	1	0.59mi
208 Sam Pate Dr Birmingham, AL	3.0	2.0	988	$1,385	$1.40	2d	1	0.63mi
529 Robison Dr Birmingham, AL	2.0	1.0	960	$960	$1.00	22d	1	0.64mi
945 Elizabeth Dr Birmingham, AL	3.0	1.0	1227	$1,125	$0.92	4d	1	0.66mi
932 Five Mile Rd Birmingham, AL	3.0	1.5	1200	$1,175	$0.98	20d	1	0.69mi
417 Price Dr Birmingham, AL	4.0	2.0	1584	$1,395	$0.88	24d	1	0.72mi
848 Old Trail Rd Birmingham, AL	2.0	1.5	930	$925	$0.99	24d	1	0.74mi
832 Meadowbrook Dr Birmingham, AL	3.0	2.0	1228	$1,225	$1.00	24d	1	0.78mi
912 Meadowbrook Dr Birmingham, AL	3.0	1.0	1178	$1,100	$0.93	44d	1	0.80mi
818 Sunset Dr Birmingham, AL	3.0	1.0	992	$1,000	$1.01	44d	1	0.82mi
241 Mamie Ln Birmingham, AL	3.0	2.0	1242	$1,495	$1.20	4d	1	0.84mi
940 Meadowbrook Dr Birmingham, AL	4.0	1.0	1149	$1,300	$1.13	44d	1	0.84mi
929 Meadowbrook Dr Birmingham, AL	3.0	2.0	1649	$1,200	$0.73	12d	1	0.86mi
603 Camp Ct Birmingham, AL	3.0	1.0	936	$1,300	$1.39	44d	1	0.92mi
46 Sunscape Dr Birmingham, AL	4.0	2.0	1178	$1,450	$1.23	44d	1	1.03mi
40 Sunscape Dr Birmingham, AL	3.0	2.0	1283	$1,555	$1.21	2d	1	1.06mi
217 Killough Dr Birmingham, AL	3.0	2.0	1212	$1,200	$0.99	15d	1	1.07mi
726 Orchard Rd Birmingham, AL	3.0	1.0	1120	$1,095	$0.98	44d	1	1.09mi
9228 Brookhurst Dr Birmingham, AL	3.0	1.0	1146	$999	$0.87	44d	1	1.14mi
1128 Lay Dr Birmingham, AL	3.0	1.5	1700	$1,410	$0.83	12d	1	1.15mi
8917 Roebuck Blvd Apt 11 Birmingham, AL	2.0	1.0	880	$725	$0.82	17d	1	1.16mi
1112 Violet Dr Birmingham, AL	3.0	2.0	1414	$1,600	$1.13	12d	1	1.17mi
520 Camellia Rd Birmingham, AL	3.0	1.0	1053	$1,100	$1.04	4d	1	1.19mi
1177 Five Mile Rd Birmingham, AL	3.0	2.0	1636	$1,100	$0.67	44d	1	1.23mi
736 Gene Reed Rd Birmingham, AL	3.0	2.0	1353	$1,220	$0.90	44d	1	1.28mi
433 Orchid Rd Birmingham, AL	3.0	1.0	1162	$1,255	$1.08	17d	1	1.34mi
600 Sundale Dr Birmingham, AL	2.0	1.0	950	$800	$0.84	44d	1	1.46mi

Listing history 30 events

1. 2026-06-18
   days on market $114,900 Active 64 DOM
2. 2026-06-17
   days on market $114,900 Active 63 DOM
3. 2026-06-16
   days on market $114,900 Active 62 DOM
4. 2026-06-15
   days on market $114,900 Active 61 DOM
5. 2026-06-13
   days on market $114,900 Active 59 DOM
6. 2026-06-10
   days on market $114,900 Active 56 DOM
7. 2026-06-09
   days on market $114,900 Active 55 DOM
8. 2026-06-08
   days on market $114,900 Active 54 DOM
9. 2026-06-07
   days on market $114,900 Active 53 DOM
10. 2026-06-03
    days on market $114,900 Active 49 DOM
11. 2026-06-02
    days on market $114,900 Active 48 DOM
12. 2026-06-01
    days on market $114,900 Active 47 DOM
13. 2026-05-31
    days on market $114,900 Active 46 DOM
14. 2026-05-14
    price $114,900 817-char remark

    Show marketing remark (817 chars)

    Welcome to this beautifully remodeled 3-bedroom, 2-bath home located on a desirable corner lot in the Roebuck area of Birmingham! This charming property perfectly blends modern updates with timeless appeal, offering both comfort and convenience for today’s homeowner. Situated on a prominent corner lot, this home offers added privacy and curb appeal, along with ample outdoor space for relaxing or hosting gatherings. The basement garage provides secure parking, additional storage, or even the potential for a workshop or flex space. Conveniently located near shopping, dining, and major roadways, this Roebuck gem offers the perfect balance of suburban comfort and city accessibility. Don’t miss your opportunity to own a beautifully updated home in one of Birmingham’s established neighborhoods!

15. 2026-04-15
    listed $119,000 Active 817-char remark

    Show marketing remark (817 chars)

    Welcome to this beautifully remodeled 3-bedroom, 2-bath home located on a desirable corner lot in the Roebuck area of Birmingham! This charming property perfectly blends modern updates with timeless appeal, offering both comfort and convenience for today’s homeowner. Situated on a prominent corner lot, this home offers added privacy and curb appeal, along with ample outdoor space for relaxing or hosting gatherings. The basement garage provides secure parking, additional storage, or even the potential for a workshop or flex space. Conveniently located near shopping, dining, and major roadways, this Roebuck gem offers the perfect balance of suburban comfort and city accessibility. Don’t miss your opportunity to own a beautifully updated home in one of Birmingham’s established neighborhoods!

16. 2026-04-09
    historical $119,000 817-char remark

    Show marketing remark (817 chars)

    Welcome to this beautifully remodeled 3-bedroom, 2-bath home located on a desirable corner lot in the Roebuck area of Birmingham! This charming property perfectly blends modern updates with timeless appeal, offering both comfort and convenience for today’s homeowner. Situated on a prominent corner lot, this home offers added privacy and curb appeal, along with ample outdoor space for relaxing or hosting gatherings. The basement garage provides secure parking, additional storage, or even the potential for a workshop or flex space. Conveniently located near shopping, dining, and major roadways, this Roebuck gem offers the perfect balance of suburban comfort and city accessibility. Don’t miss your opportunity to own a beautifully updated home in one of Birmingham’s established neighborhoods!

17. 2025-04-15
    price $171,999
18. 2024-04-24
    soldstatus $80,000
19. 2024-04-10
    soldstatus $73,000
20. 2024-04-09
    soldstatus $73,000 Sold
21. 2024-04-08
    historical Contingent
22. 2024-02-13
    price $100,000
23. 2024-02-12
    status Active
24. 2024-02-02
    status Pending
25. 2024-01-13
    price $105,000
26. 2023-12-06
    listed $109,000 Active
27. 2016-11-02
    soldstatus $40,000
28. 2016-09-15
    soldstatus $40,000
29. 2004-05-11
    soldstatus $65,000
30. 1993-02-17
    soldstatus $48,800

ⓘ 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: $1,807 · $151/mo
• Projected year-2 tax: $1,807 · $151/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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,068
• − Mortgage interest: −$6,436
• − Property taxes: −$1,807
• − Insurance: −$574
• − Repairs & maintenance: −$1,205
• − Management: −$1,205
• − Depreciation: −$3,343
• Taxable income: $497
• Est. tax owed @ 24.0%: −$119
• After-tax cash flow: $2,173/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
• County: Jefferson County · 527,445 people
• City population: 210,422
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 43,903
• Household income: $52,793
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1729.0

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 (75%)
• Race & ethnicity: Black 75% White 15% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -112.97%
• Current HPI: 215.0607
• Rent YoY: ▲ 3.04%
• 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

+135.5% since first listed

17 events — show timeline

• 2026-05-14 Price Changed $114,900 Greater Alabama MLS
• 2026-04-15 Listed $119,000 Greater Alabama MLS
• 2026-04-09 Coming Soon $119,000 Greater Alabama MLS
• 2025-04-15 Price Changed $171,999 Greater Alabama MLS
• 2024-04-24 Sold (Public Records) $80,000 Public Records
• 2024-04-10 Sold (Public Records) $73,000 Public Records
• 2024-04-09 Sold (MLS) $73,000 Greater Alabama MLS
• 2024-04-08 Contingent — Greater Alabama MLS
• 2024-02-13 Price Changed $100,000 Greater Alabama MLS
• 2024-02-12 Relisted — Greater Alabama MLS
• 2024-02-02 Pending — Greater Alabama MLS
• 2024-01-13 Price Changed $105,000 Greater Alabama MLS
• 2023-12-06 Listed $109,000 Greater Alabama MLS
• 2016-11-02 Sold (Public Records) $40,000 Public Records
• 2016-09-15 Sold (Public Records) $40,000 Public Records
• 2004-05-11 Sold (Public Records) $65,000 Public Records
• 1993-02-17 Sold (Public Records) $48,800 Public Records

Property tax history

+3.5%/yr

Latest (2025): $1,807 · +4.3% YoY. Source: county tax records.