1413 67th St W · Birmingham, AL 35228

$104,999

3 bd · 1.5 ba · 1,116 sqft · SingleFamily public records · 122 Days on market

Built 1958 7,405 sqft lot $94/sqft · 13% above area Est $93k · 13% 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 +26.3/30.0
• DSCR +8.9/10.0
• 1% rule +6.1/10.0
• Livability +3.4/5.0
• Appreciation +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• ARV discount +1.5/15.0
• Schools +0.9/10.0

Listing remarks MLS

Welcome to this beautifully renovated 3-bedroom, 1-bath home that perfectly blends modern updates with classic charm. From the moment you walk in, you’ll notice the fresh interior paint, updated flooring throughout, and abundant natural light that creates a warm and inviting atmosphere.

Key facts

• 7,405 sq ft lot
• Built 1958
• Listed 122 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% 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); 88 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% 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 $726 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 122 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 5y 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 1958 — 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 $92,399 (12.0% below list)

Questions for the listing agent

1. It's been on market 122 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 1958 — 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: 1.11% ✓
• Cap rate: 9.38%
• Cash-on-cash: 11.02%
• DSCR: 1.49
• GRM: 7.5

CMA / ARV

• ARV (median comp): $92,574
• List price: $104,999
• Delta: 13.42%
• 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
6633 Avenue	0.13mi	3/2.0	1,107 (-1%)	2mo	$99,900	$90	89
1409 66th St W	0.09mi	3/1.5	1,161 (+4%)	4mo	$95,000	$82	86
1417 Brighton Rd	0.10mi	3/1.5	1,048 (-6%)	6mo	$110,000	$105	80
1205 Brighton Rd	0.30mi	3/1.5	1,147 (+3%)	3mo	$93,000	$81	79
6144 Court M	0.34mi	3/1.0	1,066 (-4%)	2mo	$76,000	$71	73
1569 Meadow Ln	0.45mi	3/1.5	1,192 (+7%)	2mo	$50,000	$42	66
1101 Susan Ln	0.45mi	3/2.0	1,025 (-8%)	1mo	$164,000	$160	63
1407 57th Pl W	0.60mi	3/1.0	1,084 (-3%)	4mo	$79,000	$73	62
1560 Meadow Ln	0.43mi	3/1.0	1,008 (-10%)	1mo	$87,000	$86	61
1240 Rayfield Dr	0.56mi	3/1.0	1,192 (+7%)	2mo	$75,313	$63	59
5800 Court Q	0.70mi	3/1.0	1,024 (-8%)	2mo	$111,000	$108	50
5604 Terrace O	0.74mi	4/1.0 (+1)	1,072 (-4%)	2mo	$80,000	$75	50

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: -3.0%
• Equity multiple: 0.89×
• Total profit: $-3,259
• Equity at exit: $15,656

10-year hold

• IRR: 3.2%
• Equity multiple: 1.20×
• Total profit: $5,994
• Equity at exit: $9,078

Cash invested: $29,400 (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

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: 88
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,165 high
• Mortgage (P&I): −$551
• Tax from tax record: −$56 /mo · $676/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $270

Break-even live

Break-even rent $824

Max offer price $104,999

Occupancy floor 72%

Sensitivity live

Price	-10% $329	-5% $300	+0% $270	+5% $240	+10% $211
Rent	-10% $178	-5% $224	+0% $270	+5% $316	+10% $362
Rate	-1.0pp $323	-0.5pp $297	base $270	+0.5pp $243	+1.0pp $215

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1417 Brighton Rd Birmingham, AL	3.0	2.0	1048	$1,200	$1.15	45d	1	0.12mi
1272 Meadow Ln Birmingham, AL	2.0	1.0	744	$800	$1.08	45d	1	0.30mi
913 Daniel Cir Birmingham, AL	4.0	2.0	1317	$1,300	$0.99	45d	1	0.32mi
1341 Pineview Rd Birmingham, AL	4.0	2.0	1409	$1,300	$0.92	45d	1	0.38mi
1340 Pineview Rd Birmingham, AL	3.0	2.0	1116	$1,075	$0.96	45d	1	0.41mi
1112 S Gale Dr Birmingham, AL	3.0	1.5	1053	$1,175	$1.12	45d	1	0.48mi
1012 33rd St SW Birmingham, AL	1.0–2.0	1.0–2.0	800	$750	$0.94	4d	1	0.48mi
5808 Court O Birmingham, AL	3.0	1.5	1227	$1,100	$0.90	45d	1	0.54mi
3116 Steiner Ave SW Birmingham, AL	3.0	1.0	1362	$1,200	$0.88	45d	1	0.59mi
5725 Avenue O Unit O Birmingham, AL	3.0	1.0	957	$1,073	$1.12	25d	1	0.60mi
1838 31st St SW Birmingham, AL	3.0	2.0	1400	$1,223	$0.87	17d	1	0.61mi
5832 Court Q Birmingham, AL	3.0	1.0	912	$950	$1.04	46d	1	0.61mi
5717 Avenue O Unit O Birmingham, AL	3.0	2.0	1029	$1,250	$1.21	45d	1	0.62mi
5820 Court Q Birmingham, AL	3.0	1.0	902	$1,200	$1.33	45d	1	0.65mi
3000 Dawson Ave SW Birmingham, AL	3.0	1.0	1092	$925	$0.85	45d	1	0.66mi
5713 Avenue P Unit P Birmingham, AL	3.0	1.0	1300	$1,100	$0.85	21d	1	0.66mi
408 Midway St Birmingham, AL	3.0	1.0	1301	$1,075	$0.83	21d	1	0.67mi
3417 Park Ave SW Birmingham, AL	4.0	1.0	1402	$900	$0.64	45d	1	0.68mi
5604 Terrace O Birmingham, AL	4.0	1.0	1072	$1,325	$1.24	45d	1	0.72mi
3332 Walnut Ave SW Birmingham, AL	3.0	1.0	1339	$750	$0.56	21d	1	0.74mi
373 Belcher Dr Birmingham, AL	4.0	1.0	1255	$1,100	$0.88	45d	1	0.74mi
5710 Monte Sano Dr Birmingham, AL	2.0	1.0	700	$950	$1.36	45d	1	0.74mi
5516 Avenue P Birmingham, AL	2.0	1.0	888	$1,000	$1.13	45d	1	0.76mi
2300 31st St SW Unit ENSLEY2316 A Birmingham, AL	2.0	1.0	750	$1,000	$1.33	4d	1	0.77mi
1376 Creel Ct Birmingham, AL	3.0	1.0	1008	$1,000	$0.99	45d	1	0.78mi
3400 Walnut Ave SW Birmingham, AL	3.0	1.0	1133	$1,200	$1.06	45d	1	0.78mi
340 McPherson Ave Birmingham, AL	2.0	1.0	924	$910	$0.98	45d	1	0.83mi
5712 Monte Sano Rd Birmingham, AL	2.0	1.0	700	$900	$1.29	45d	1	0.83mi
1441 Creel St Birmingham, AL	3.0	2.0	1319	$1,275	$0.97	5d	1	0.83mi
336 McPherson Ave Birmingham, AL	3.0	1.0	1094	$1,100	$1.01	25d	1	0.84mi
2709 Powderly Ave SW Birmingham, AL	3.0	2.0	1056	$950	$0.90	25d	1	0.87mi
5320 Ter Q Unit Q Birmingham, AL	3.0	2.0	1116	$1,250	$1.12	45d	1	0.90mi
1412 Woodward Rd Birmingham, AL	3.0	1.0	1220	$1,203	$0.99	17d	1	0.91mi
709 30th St SW Birmingham, AL	3.0	1.0	1273	$1,000	$0.79	45d	1	0.92mi
5709 Court H Birmingham, AL	4.0	1.5	1455	$1,400	$0.96	3d	1	0.92mi
2804 32nd Way SW Birmingham, AL	3.0	1.0	840	$900	$1.07	45d	1	0.94mi
2516 Powderly Ave SW Birmingham, AL	3.0	1.0	1236	$1,050	$0.85	45d	1	0.94mi
1433 Rayfield Dr Birmingham, AL	3.0	1.0	1064	$950	$0.89	45d	1	0.94mi
2805 32nd Way SW Birmingham, AL	3.0	1.0	792	$900	$1.14	45d	1	0.95mi
5219 Court Q Birmingham, AL	3.0	2.0	1082	$1,200	$1.11	21d	1	0.95mi

Listing history 32 events

1. 2026-06-21
   days on market $104,999 Active 122 DOM
2. 2026-06-18
   days on market $104,999 Active 119 DOM
3. 2026-06-17
   days on market $104,999 Active 118 DOM
4. 2026-06-16
   days on market $104,999 Active 117 DOM
5. 2026-06-15
   days on market $104,999 Active 116 DOM
6. 2026-06-13
   days on market $104,999 Active 114 DOM
7. 2026-06-10
   days on market $104,999 Active 111 DOM
8. 2026-06-09
   days on market $104,999 Active 110 DOM
9. 2026-06-08
   days on market $104,999 Active 109 DOM
10. 2026-06-07
    days on market $104,999 Active 108 DOM
11. 2026-06-03
    days on market $104,999 Active 104 DOM
12. 2026-06-02
    days on market $104,999 Active 103 DOM
13. 2026-06-01
    days on market $104,999 Active 102 DOM
14. 2026-05-31
    days on market $104,999 Active 101 DOM
15. 2026-04-15
    price $104,999 293-char remark

    Show marketing remark (293 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bath home that perfectly blends modern updates with classic charm. From the moment you walk in, you’ll notice the fresh interior paint, updated flooring throughout, and abundant natural light that creates a warm and inviting atmosphere.

16. 2026-02-17
    listed $110,000 Active 293-char remark

    Show marketing remark (293 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bath home that perfectly blends modern updates with classic charm. From the moment you walk in, you’ll notice the fresh interior paint, updated flooring throughout, and abundant natural light that creates a warm and inviting atmosphere.

17. 2026-02-13
    price $1,100
18. 2025-12-16
    price $1,200
19. 2025-11-01
    listed $1,250
20. 2025-11-01
    historical $1,250
21. 2025-09-18
    listed $1,250
22. 2025-08-20
    soldstatus $97,000 Sold 297-char remark

    Show marketing remark (297 chars)

    This 3-bedroom/1.5-bath home in the Midfield area has recently been updated and features: * Welcoming Front Porch * ONE-Level Living * Fenced Yard * Attached 1-Car Carport This home is located close to schools, shops, and highway access. (Resident to verify schools. ) CALL TODAY!!!!

23. 2025-07-29
    historical $1,050
24. 2025-07-27
    status Pending 297-char remark

    Show marketing remark (297 chars)

    This 3-bedroom/1.5-bath home in the Midfield area has recently been updated and features: * Welcoming Front Porch * ONE-Level Living * Fenced Yard * Attached 1-Car Carport This home is located close to schools, shops, and highway access. (Resident to verify schools. ) CALL TODAY!!!!

25. 2025-07-15
    listed $99,900 Active 297-char remark

    Show marketing remark (297 chars)

    This 3-bedroom/1.5-bath home in the Midfield area has recently been updated and features: * Welcoming Front Porch * ONE-Level Living * Fenced Yard * Attached 1-Car Carport This home is located close to schools, shops, and highway access. (Resident to verify schools. ) CALL TODAY!!!!

26. 2025-05-07
    listed $1,050
27. 2021-03-04
    soldstatus $87,900
28. 2021-03-04
    listed $87,900
29. 2021-03-04
    soldstatus $87,900
30. 2013-11-18
    soldstatus $48,000
31. 2013-11-18
    soldstatus $68,000
32. 1977-02-11
    soldstatus $27,900

ⓘ 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: $676 · $56/mo
• Projected year-2 tax: $676 · $56/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: $13,986
• − Mortgage interest: −$5,882
• − Property taxes: −$676
• − Insurance: −$525
• − Repairs & maintenance: −$1,119
• − Management: −$1,119
• − Depreciation: −$3,055
• Taxable income: $1,611
• Est. tax owed @ 24.0%: −$387
• After-tax cash flow: $2,854/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): 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

+276.3% since first listed

18 events — show timeline

• 2026-04-15 Price Changed $104,999 Greater Alabama MLS
• 2026-02-17 Listed $110,000 Greater Alabama MLS
• 2026-02-13 Price Changed $1,100 BUILDIUM
• 2025-12-16 Price Changed $1,200 BUILDIUM
• 2025-11-01 Listed for Rent $1,250 BUILDIUM
• 2025-11-01 Rental Removed $1,250 TENANTTURNER2
• 2025-09-18 Listed for Rent $1,250 TENANTTURNER2
• 2025-08-20 Sold (MLS) $97,000 Greater Alabama MLS
• 2025-07-29 Rental Removed $1,050 GALMLS
• 2025-07-27 Pending — Greater Alabama MLS
• 2025-07-15 Listed $99,900 Greater Alabama MLS
• 2025-05-07 Listed for Rent $1,050 GALMLS
• 2021-03-04 Sold (Public Records) $87,900 Public Records
• 2021-03-04 Listed $87,900 Greater Alabama MLS
• 2021-03-04 Sold (MLS) $87,900 Greater Alabama MLS
• 2013-11-18 Sold (Public Records) $68,000 Public Records
• 2013-11-18 Sold (Public Records) $48,000 Public Records
• 1977-02-11 Sold (Public Records) $27,900 Public Records

Property tax history

+2.5%/yr

Latest (2025): $676 · +0.0% YoY. Source: county tax records.