1707 Avenue I · Birmingham, AL 35218

$70,000

3 bd · 1.0 ba · 1,482 sqft · SingleFamily public records · 5 Days on market

Built 1934 Est $71k · at est.

---

Why this score? — see what drove the B 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +8.2/15.0
• Appreciation +4.2/10.0
• 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

Check out this opportunity to add to your portfolio. This is a solid Bungalow in Tuxedo Park neighborhood. Large porch with fenced yard and detached garage with private driveway. Cash offers only.

Key facts

• Built 1934
• Listed 5 days

Property features AI

Exterior

• Home design: Built in 1934
• Construction: Originally constructed in 1934
• Exterior features: Located in the Tuxedo subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $498 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Cap rate 14.8% 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: 50 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• At $1,178/mo this rent would consume 46% of the median local household income ($31k/yr) (locally 621% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-1.5%/yr); year-one equity from $484 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 (-1.5% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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.
• Current owner paid $23k; list at $70k implies a 204% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1934 — 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 $70,000

Questions for the listing agent

1. Built in 1934 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.68% ✓
• Cap rate: 14.83%
• Cash-on-cash: 30.49%
• DSCR: 2.36
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $71,136
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1701 Avenue I	0.01mi	4/2.0 (+1)	1,509 (+2%)	8mo	$72,500	$48	80
1319 Court R	0.46mi	3/2.0	1,450 (-2%)	6mo	$39,900	$28	66
1213 Avenue H	0.37mi	3/2.0	1,458 (-2%)	18mo	$42,500	$29	61
1408 Avenue D	0.44mi	3/1.0	1,320 (-11%)	2mo	$67,000	$51	60
1414 20th Street Ensley	0.17mi	3/1.0	1,339 (-10%)	23mo	$55,000	$41	57
1332 Avenue M	0.34mi	3/2.0	1,431 (-3%)	24mo	$40,000	$28	55
2623 Avenue J	0.67mi	3/1.0	1,540 (+4%)	10mo	$40,000	$26	54
1422 Avenue J	0.17mi	3/2.0	1,692 (+14%)	14mo	$91,340	$54	53
2722 Avenue I	0.74mi	4/1.0 (+1)	1,578 (+6%)	3mo	$100,000	$63	47
2705 Avenue F	0.73mi	4/1.0 (+1)	1,531 (+3%)	13mo	$98,156	$64	45
2304 Avenue J	0.43mi	2/2.0 (-1)	1,386 (-6%)	19mo	$132,500	$96	45
2520 Avenue L	0.62mi	3/1.5	1,260 (-15%)	19mo	$60,000	$48	28

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

Projected returns pro-forma

-1.54% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.1%
• Equity multiple: 2.26×
• Total profit: $24,741
• Equity at exit: $15,102

10-year hold

• IRR: 33.7%
• Equity multiple: 4.38×
• Total profit: $66,330
• Equity at exit: $14,374

Cash invested: $19,600 (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 35218

• Home prices YoY: -0.9%
• Active inventory: 50
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,178 high
• Mortgage (P&I): −$367
• Tax from tax record: −$37 /mo · $439/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $498

Break-even live

Break-even rent $548

Max offer price $70,000

Occupancy floor 53%

Sensitivity live

Price	-10% $538	-5% $518	+0% $498	+5% $478	+10% $458
Rent	-10% $405	-5% $451	+0% $498	+5% $544	+10% $591
Rate	-1.0pp $533	-0.5pp $516	base $498	+0.5pp $480	+1.0pp $461

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1701 Avenue I Unit I Birmingham, AL	4.0	2.0	1509	$1,225	$0.81	3d	1	0.03mi
1701 Avenue I Unit I Birmingham, AL	3.0	1.0	1140	$1,200	$1.05	4d	1	0.03mi
820 17th Street Ensley Birmingham, AL	3.0	2.0	1336	$1,250	$0.94	45d	1	0.07mi
811 17th Aly Birmingham, AL	4.0	1.0	1146	$1,050	$0.92	12d	1	0.07mi
1520 Avenue G Unit G Birmingham, AL	4.0	1.0	1231	$1,100	$0.89	45d	1	0.22mi
1825 18th Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1316	$1,123	$0.85	45d	1	0.38mi
1402 Avenue E Birmingham, AL	3.0	3.0	1519	$1,273	$0.84	17d	1	0.41mi
1306 Avenue R Unit R Birmingham, AL	3.0	1.0	980	$950	$0.97	4d	1	0.41mi
1306 Avenue R Unit R Birmingham, AL	3.0	1.0	980	$950	$0.97	45d	1	0.41mi
1316 Court R Birmingham, AL	3.0	1.0	904	$900	$1.00	12d	1	0.44mi
2520 Avenue L Unit A Birmingham, AL	4.0	1.5	1260	$1,150	$0.91	25d	1	0.61mi
2610 Avenue P Birmingham, AL	3.0	2.0	1014	$850	$0.84	45d	1	0.64mi
2617 Avenue K Birmingham, AL	4.0	2.0	1046	$1,495	$1.43	3d	1	0.67mi
2348 Court R Birmingham, AL	3.0	2.0	1792	$1,769	$0.99	3d	1	0.68mi
2436 Avenue S Birmingham, AL	4.0	2.0	1800	$1,400	$0.78	4d	1	0.69mi
1521 27th Street Ensley Birmingham, AL	3.0	2.0	1120	$1,000	$0.89	45d	1	0.69mi
2722 Avenue I Unit I Ensley, AL	4.0	1.0	1578	$1,000	$0.63	45d	1	0.74mi
1616 28th Street Ensley Birmingham, AL	3.0	1.0	1081	$1,100	$1.02	45d	1	0.75mi
2426 Avenue U Unit U Birmingham, AL	3.0	2.0	1260	$1,175	$0.93	20d	1	0.76mi
2711 Avenue E Birmingham, AL	2.0	1.0	1560	$800	$0.51	45d	1	0.78mi
1545 29th Street Ensley Birmingham, AL	3.0	1.5	1331	$1,200	$0.90	45d	1	0.82mi
2108 25th Street Ensley Birmingham, AL	4.0	2.0	1446	$1,300	$0.90	45d	1	0.83mi
1633 29th Street Ensley Birmingham, AL	3.0	2.0	1658	$1,200	$0.72	45d	1	0.83mi
2337 23rd Street Ensley Birmingham, AL	3.0	1.0	1446	$1,295	$0.90	45d	1	0.84mi
2908 Avenue I Unit I Ensley, AL	3.0	1.0	1383	$1,025	$0.74	25d	1	0.85mi
2356 22nd Street Ensley Unit ENSLEY Birmingham, AL	3.0	1.0	1500	$985	$0.66	25d	1	0.87mi
2213 25th Street Ensley Birmingham, AL	4.0	2.0	1197	$1,150	$0.96	12d	1	0.89mi
2037 26th Street Ensley Birmingham, AL	3.0	1.0	1074	$995	$0.93	45d	1	0.89mi
1313 Pike Rd Birmingham, AL	3.0	1.0	1437	$975	$0.68	45d	1	0.90mi
2523 16th street Ensley Unit ENSLEY Birmingham, AL	4.0	2.0	1584	$1,300	$0.82	45d	1	0.90mi
1724 30th Street Ensley Birmingham, AL	4.0	2.0	1428	$1,395	$0.98	17d	1	0.90mi
3100 Avenue J Birmingham, AL	3.0	1.0	1409	$1,000	$0.71	12d	1	0.96mi
3011 Avenue D Birmingham, AL	2.0	1.0	1000	$795	$0.80	45d	1	1.02mi
2609 20th Street Ensley Birmingham, AL	3.0	2.0	1500	$1,550	$1.03	4d	1	1.02mi
2609 20th Street Ensley Birmingham, AL	3.0	2.0	1229	$1,550	$1.26	45d	1	1.02mi
3015 Avenue C Unit C Birmingham, AL	2.0	1.0	1000	$825	$0.82	45d	1	1.02mi
1301 32nd Street Ensley Birmingham, AL	3.0	1.0	1200	$975	$0.81	45d	1	1.04mi
2621 20th Street Ensley Birmingham, AL	3.0	1.0	1117	$1,295	$1.16	45d	1	1.05mi
2528 25th Street Ensley Birmingham, AL	3.0	1.0	1563	$1,100	$0.70	45d	1	1.05mi
1520 33rd Street Ensley Birmingham, AL	4.0	2.0	1215	$1,275	$1.05	13d	1	1.06mi

Listing history 4 events

1. 2026-06-21
   days on market $70,000 Active 5 DOM
2. 2026-06-18
   days on market $70,000 Active 2 DOM
3. 2026-06-16
   remarks 97-char remark
4. 2026-06-16
   listed $70,000 Active 1 DOM

ⓘ 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: $439 · $37/mo
• Projected year-2 tax: $439 · $37/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 ≥106°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: $14,139
• − Mortgage interest: −$3,921
• − Property taxes: −$439
• − Insurance: −$350
• − Repairs & maintenance: −$1,131
• − Management: −$1,131
• − Depreciation: −$2,036
• Taxable income: $5,130
• Est. tax owed @ 24.0%: −$1,231
• After-tax cash flow: $4,744/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): 6,981
• Household income: $30,739
• Rent vs Own: 63.9% rent · 36.1% own
• Severe rent burden: 621.0

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 (76%)
• Race & ethnicity: Black 76% Two or more races 17% White 5% Hispanic / Latino 4%
• Foreign-born: 2% · Canada, South Korea
• Languages at home: 97% English-only · Spanish 1%

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: ▼ -1.54%
• Current HPI: 170.4053
• Rent YoY: —
• 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

+191.7% since first listed

6 events — show timeline

• 2026-06-17 Listed $70,000 FSBO.com
• 2024-03-15 Sold (MLS) $23,000 Greater Alabama MLS
• 2024-02-15 Pending — Greater Alabama MLS
• 2024-02-13 Contingent — Greater Alabama MLS
• 2024-02-09 Listed $29,900 Greater Alabama MLS
• 2007-07-10 Sold (Public Records) $24,000 Public Records

Property tax history

+0.2%/yr

Latest (2025): $439 · -37.4% YoY. Source: county tax records.