3144 Allison Bonnett Memorial Dr · Hueytown, AL 35023

$53,000

2 bd · 1.0 ba · 805 sqft · SingleFamily public records · 11 Days on market

Built 1930 0.44 ac lot

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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 +7.5/15.0
• Appreciation +4.7/10.0
• Rent growth +2.9/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks

Great potential and almost half an acre with this handiman special being sold "As Is. " Ready for renovation and possible addition to the current structure.

Key facts

• Ready for renovation
• Possible addition
• Half an acre

Tags

• HALF AN ACRE
• HANDYMAN SPECIAL
• READY FOR RENOVATION
• POSSIBLE ADDITION

Property features AI

Finance

• Other: Lot size approximately 0.44 acre
• HOA & community: No association fee

Exterior

• Parking: Boat parking; Circular drive; Driveway parking; Multiple off-street parking options (including uncovered parking and parking at the main level)
• Utilities: Public water; Septic sewer; Internet service available
• Home design: Existing home; Single-story (rooms listed on main level); Historic register: Yes
• Construction: Two-side brick, vinyl siding and wood exterior; Slab foundation
• Exterior features: Fenced yard; Porch; Garden/Patio; Street lights along the street

Interior

• Kitchen: Laminate countertops; Freezer; Electric oven; Electric stove; Refrigerator; Warming drawer
• Bedrooms: Two bedrooms on main level
• Flooring: Tile flooring; Vinyl flooring
• Bathrooms: One full bathroom with garden tub and separate shower
• Heating & cooling: No central heat — space heaters; No air conditioning
• Interior features: Handyman special; Attic present; Ceilings: Other (see remarks)
• Laundry & utility: Water heater: Electric

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $53k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $53k).
• Cap rate 17.1% vs local median 5.9% in Hueytown — 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 57/100 on livability (#378 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Concord Elementary School (math 8% / reading 37%, grade F, #437 of 627 statewide, top 70%, 397 students, 70% FRL); Hueytown Middle School (math 0% / reading 30%, grade F, #206 of 257 statewide, top 80%, 789 students, 62% FRL); Hueytown High School (math 7% / reading 20%, grade F, #235 of 305 statewide, top 77%, 1,210 students, 79% FRL) — zoned schools average 70% FRL vs 49% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 257 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent is only 18% of the median local income ($70k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• In year one you build about $48 of equity ($366 loan paydown + $-318 appreciation (-0.6% local appreciation)).
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.6% appreciation + 1.6% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $22k; list at $53k implies a 141% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — 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 $53,000

Questions for the listing agent

1. Built in 1930 — 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: 1.95% ✓
• Cap rate: 17.12%
• Cash-on-cash: 38.65%
• DSCR: 2.72
• GRM: 4.3

CMA / ARV

• ARV (on-the-fly): $111,090
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
127 Mahone Ave	0.43mi	2/1.0	746 (-7%)	20mo	$65,000	$87	51
116 Louis Ave	0.69mi	2/1.0	919 (+14%)	5mo	$127,000	$138	40
111 Foust Ave	0.68mi	3/1.0 (+1)	884 (+10%)	22mo	$135,500	$153	29

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

Projected returns pro-forma

-0.6% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: 37.3%
• Equity multiple: 2.75×
• Total profit: $25,979
• Equity at exit: $13,819

10-year hold

• IRR: 40.5%
• Equity multiple: 5.14×
• Total profit: $61,415
• Equity at exit: $15,403

Cash invested: $14,840 (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 35023

• Home prices YoY: -0.1%
• Rents YoY: 1.6%
• Active inventory: 257
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,034 high
• Mortgage (P&I): −$278
• Tax from tax record: −$39 /mo · $470/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$217
• Net cashflow: $478

Break-even live

Break-even rent $429

Max offer price $53,000

Occupancy floor 49%

Sensitivity live

Price	-10% $508	-5% $493	+0% $478	+5% $463	+10% $448
Rent	-10% $396	-5% $437	+0% $478	+5% $519	+10% $560
Rate	-1.0pp $505	-0.5pp $491	base $478	+0.5pp $464	+1.0pp $450

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: $13,250
• Closing costs: $1,590
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
301 Autumn Brook Ter Unit 401 Hueytown, AL	1.0	1.0	695	$850	$1.22	23d	1	0.07mi
109 Oak Ave Bessemer, AL	3.0	1.0	1120	$1,200	$1.07	5d	1	0.11mi
200 Love St Bessemer, AL	2.0	1.0	675	$1,100	$1.63	46d	1	0.28mi
107 Wheeler Dr Bessemer, AL	2.0	1.0	950	$950	$1.00	46d	1	0.29mi
2020 High School Rd Unit C Bessemer, AL	2.0	1.0	733	$750	$1.02	16d	1	0.39mi
425 Oakwood Ave Bessemer, AL	2.0–3.0	2.0	1082	$700	$0.65	4d	2	0.49mi
1409 Hueytown Rd Unit 76 Bessemer, AL	2.0	1.0	876	$995	$1.14	5d	1	0.51mi
1409 Hueytown Rd Apt 63 Bessemer, AL	2.0	1.0	876	$995	$1.14	46d	1	0.51mi
1409 Hueytown Rd Unit 09 Bessemer, AL	1.0	1.0	695	$850	$1.22	46d	1	0.51mi
1444 Hueytown Rd Unit B Hueytown, AL	2.0	1.0	725	$945	$1.30	26d	1	0.60mi
110 Ray Ave Apt 7 Hueytown, AL	2.0	2.0	900	$875	$0.97	5d	1	0.66mi
105 Louis Ave Bessemer, AL	2.0	1.0	1073	$1,100	$1.03	46d	1	0.71mi
116 Vail Ave Bessemer, AL	2.0	1.0	1008	$975	$0.97	21d	1	0.71mi
622 S Parkell Ave Bessemer, AL	3.0	1.0	963	$1,200	$1.25	46d	1	0.81mi
309 Sunrise Blvd Bessemer, AL	2.0	1.0	1105	$1,160	$1.05	13d	1	1.17mi
119 Lakeland Ave Bessemer, AL	3.0	1.0	1042	$1,125	$1.08	26d	1	1.42mi

Listing history 7 events

1. 2026-06-15
   statusdays on market $53,000 Pending 11 DOM
2. 2026-06-13
   days on market $53,000 Active 10 DOM
3. 2026-06-10
   days on market $53,000 Active 7 DOM
4. 2026-06-09
   days on market $53,000 Active 6 DOM
5. 2026-06-08
   days on market $53,000 Active 5 DOM
6. 2026-06-07
   remarks 156-char remark
7. 2026-06-07
   listed $53,000 Active 4 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: $470 · $39/mo
• Projected year-2 tax: $470 · $39/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 2/10 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 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,413
• − Mortgage interest: −$2,969
• − Property taxes: −$470
• − Insurance: −$265
• − Repairs & maintenance: −$993
• − Management: −$993
• − Depreciation: −$1,542
• Taxable income: $5,181
• Est. tax owed @ 24.0%: −$1,243
• After-tax cash flow: $4,492/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Hueytown

• Score: 57/100
• State rank: #378
• US rank: #21611

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hueytown, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 25,533
• Household income: $69,863
• Rent vs Own: 15.1% rent · 84.9% own
• Severe rent burden: 247.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 58% Black 30% Hispanic / Latino 7% Two or more races 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% 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: ▼ -0.60%
• Current HPI: 389.38
• Rent YoY: ▲ 1.60%
• 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

+140.9% since first listed

2 events — show timeline

• 2026-06-03 Listed $53,000 Greater Alabama MLS
• 1997-01-23 Sold (Public Records) $22,000 Public Records

Property tax history

+1.6%/yr

Latest (2025): $470 · +0.8% YoY. Source: county tax records.