134 Lewis Vann Dr · Hazel Green, AL 35750

$325,000

4 bd · 1.0 ba · 1,854 sqft · SingleFamily public records · 38 Days on market

Built 2020 0.47 ac lot $175/sqft · 8% below area Est $352k · 8% under

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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).

• ARV discount +11.0/15.0
• Appreciation +10.0/10.0
• Cash flow +6.9/30.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.1/10.0
• 1% rule +0.6/10.0

Listing remarks MLS

Beautiful brick home on a spacious lot! Built in 2020, this 4 bedroom 2 bath home delivers modern amenities throughout. Enjoy the 9’ ceilings and luxury vinyl plank flooring throughout the main living areas. Crown molding throughout and a gorgeous fireplace. The living room flows into the kitchen, which showcases granite countertops and stainless-steel appliances. The split floorplan features an isolated owner’s suite on the left with a large owner’s closet and bathroom. The right side of the home contains bedrooms 2-4 and the second bathroom. Come see this well-maintained home before it’s gone!

Key facts

• Eat-in dining area
• Wainscotting
• Granite countertops

Tags

• STAINLESS STEEL APPLIANCES
• GRANITE COUNTERTOPS
• EAT-IN DINING AREA
• WAINSCOTTING
• 9 CEILINGS
• LUXURY LVP

Property features AI

Finance

• Other: Lot size about 0.47 acres; Approximately 1,854 living area
• HOA & community: No homeowners association; Subdivision: Nicholas Ridge

Exterior

• Parking: Attached 2-car garage
• Utilities: Septic tank sewer
• Home design: Single-family residence; One story; Built in 2020; Residential property; Brick construction
• Construction: Slab foundation
• Exterior features: Covered patio; Patio; Front porch; Covered porch; Public water

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central cooling
• Interior features: Gas log fireplace

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-491 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $238k (26.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (44.4% below list).
• Recommended offer: $181k (44.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#54 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hazel Green Elementary School (math 23% / reading 58%, grade F, #238 of 627 statewide, top 38%, 738 students, 50% FRL); Meridianville Middle School (math 19% / reading 62%, grade F, #56 of 257 statewide, top 22%, 724 students, 45% FRL); Hazel Green High School (math 23% / reading 31%, grade F, #90 of 305 statewide, top 35%, 1,348 students, 42% FRL) — zoned schools average 46% FRL vs 29% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 260 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent runs 32% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $35k of equity ($2k loan paydown + $32k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 7y 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

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $180,654 (44.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 44% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.56% ✗
• Cap rate: 4.48%
• Cash-on-cash: -6.47%
• DSCR: 0.71
• GRM: 15.0

CMA / ARV

• ARV (median comp): $352,180
• List price: $325,000
• Delta: -7.72%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
132 Lewis Vann Dr	0.02mi	4/2.0	1,883 (+2%)	1mo	$324,877	$173	92
105 Azuba Ct	0.15mi	3/2.0 (-1)	1,919 (+4%)	6mo	$322,000	$168	74
115 Azuba Ct	0.18mi	3/2.0 (-1)	1,903 (+3%)	9mo	$325,000	$171	71
126 Azuba Ct	0.15mi	4/2.0	1,775 (-4%)	20mo	$338,000	$190	66
103 Lewis Vann Dr	0.11mi	3/2.0 (-1)	1,820 (-2%)	23mo	$339,900	$187	63
123 Azuba Ct	0.17mi	4/2.0	2,009 (+8%)	14mo	$372,000	$185	62
1019 A Ready Section Rd	0.45mi	3/2.5 (-1)	1,808 (-2%)	2mo	$320,000	$177	62

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.7%
• Equity multiple: 2.60×
• Total profit: $145,577
• Equity at exit: $292,786

10-year hold

• IRR: 18.0%
• Equity multiple: 5.98×
• Total profit: $452,930
• Equity at exit: $631,404

Cash invested: $91,000 (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 35750

• Home prices YoY: 8.2%
• Active inventory: 260
• Price-to-rent: 15.0×

Monthly cashflow live

• Estimated rent: $1,807 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$78 /mo · $937/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $-491

Break-even live

Break-even rent $2,428

Max offer price $238,318

Occupancy floor —

Sensitivity live

Price	-10% $-307	-5% $-399	+0% $-491	+5% $-583	+10% $-675
Rent	-10% $-633	-5% $-562	+0% $-491	+5% $-419	+10% $-348
Rate	-1.0pp $-327	-0.5pp $-408	base $-491	+0.5pp $-575	+1.0pp $-661

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
166 Stafford Rd Hazel Green, AL	3.0	2.0	1300	$1,450	$1.12	45d	1	0.76mi
108 Jude Ln Hazel Green, AL	3.0	2.0	1720	$1,823	$1.06	25d	1	1.49mi

Listing history 28 events

1. 2026-06-22
   days on market $325,000 Active 38 DOM
2. 2026-06-18
   days on market $325,000 Active 35 DOM
3. 2026-06-17
   days on market $325,000 Active 34 DOM
4. 2026-06-16
   days on market $325,000 Active 33 DOM
5. 2026-06-15
   days on market $325,000 Active 32 DOM
6. 2026-06-14
   days on market $325,000 Active 30 DOM
7. 2026-06-10
   days on market $325,000 Active 27 DOM
8. 2026-06-09
   days on market $325,000 Active 26 DOM
9. 2026-06-08
   days on market $325,000 Active 25 DOM
10. 2026-06-07
    days on market $325,000 Active 24 DOM
11. 2026-06-02
    days on market $325,000 Active 19 DOM
12. 2026-06-01
    days on market $325,000 Active 18 DOM
13. 2026-05-31
    days on market $325,000 Active 17 DOM
14. 2026-05-30
    days on market $325,000 Active 16 DOM
15. 2026-05-14
    listed $330,000 Active 662-char remark
16. 2022-05-13
    soldstatus $305,000 Sold 627-char remark

    Show marketing remark (627 chars)

    Beautiful brick home on a spacious lot! Built in 2020, this 4 bedroom 2 bath home delivers modern amenities throughout. Enjoy the 9’ ceilings and luxury vinyl plank flooring throughout the main living areas. Crown molding throughout and a gorgeous fireplace. The living room flows into the kitchen, which showcases granite countertops and stainless-steel appliances. The split floorplan features an isolated owner’s suite on the left with a large owner’s closet and bathroom. The right side of the home contains bedrooms 2-4 and the second bathroom. Come see this well-maintained home before it’s gone!

17. 2022-05-13
    soldstatus $305,000

    Show marketing remark (627 chars)

    Beautiful brick home on a spacious lot! Built in 2020, this 4 bedroom 2 bath home delivers modern amenities throughout. Enjoy the 9’ ceilings and luxury vinyl plank flooring throughout the main living areas. Crown molding throughout and a gorgeous fireplace. The living room flows into the kitchen, which showcases granite countertops and stainless-steel appliances. The split floorplan features an isolated owner’s suite on the left with a large owner’s closet and bathroom. The right side of the home contains bedrooms 2-4 and the second bathroom. Come see this well-maintained home before it’s gone!

18. 2022-04-18
    historical Contingent 627-char remark

    Show marketing remark (627 chars)

    Beautiful brick home on a spacious lot! Built in 2020, this 4 bedroom 2 bath home delivers modern amenities throughout. Enjoy the 9’ ceilings and luxury vinyl plank flooring throughout the main living areas. Crown molding throughout and a gorgeous fireplace. The living room flows into the kitchen, which showcases granite countertops and stainless-steel appliances. The split floorplan features an isolated owner’s suite on the left with a large owner’s closet and bathroom. The right side of the home contains bedrooms 2-4 and the second bathroom. Come see this well-maintained home before it’s gone!

19. 2022-04-11
    listed $310,000 Active 627-char remark

    Show marketing remark (627 chars)

    Beautiful brick home on a spacious lot! Built in 2020, this 4 bedroom 2 bath home delivers modern amenities throughout. Enjoy the 9’ ceilings and luxury vinyl plank flooring throughout the main living areas. Crown molding throughout and a gorgeous fireplace. The living room flows into the kitchen, which showcases granite countertops and stainless-steel appliances. The split floorplan features an isolated owner’s suite on the left with a large owner’s closet and bathroom. The right side of the home contains bedrooms 2-4 and the second bathroom. Come see this well-maintained home before it’s gone!

20. 2020-01-30
    soldstatus $214,900 Sold

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

21. 2020-01-30
    soldstatus $214,900 Closed

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

22. 2020-01-21
    status Pending

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

23. 2020-01-21
    status Pending

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

24. 2020-01-03
    historical Contingent - Inspection

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

25. 2020-01-03
    historical Contingent

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

26. 2019-12-27
    listed $214,900 Active

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

27. 2019-12-27
    listed $214,900 Active

    Show marketing remark (488 chars)

    Under Construction-This 1851 SF Home is a 4BR/2 BA with 9' ceilings, luxury vinyl plank flooring, and crown molding throughout. This home offers amenities such as a large eat-in kitchen with granite counter tops and SS appliances, living room with gas log fireplace, isolated master bedroom and glamour bath with walk in closet. Outdoor features include a concrete driveway, covered front porch and rear patio, and two car attached garage. This home is conveniently located to Huntsville.

28. 2019-01-18
    soldstatus $60,000

ⓘ 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: $937 · $78/mo
• Projected year-2 tax: $1,332 · $111/mo
• Expected delta: +$395/yr (+$33/mo · 42.2%)

ⓘ 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 4/10 Moderate 22% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,678
• − Mortgage interest: −$18,205
• − Property taxes: −$937
• − Insurance: −$1,625
• − Repairs & maintenance: −$1,734
• − Management: −$1,734
• − Depreciation: −$9,455
• Taxable loss: −$12,012
• Est. tax savings @ 24.0%: +$2,883
• After-tax cash flow: $-3,005/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: Madison County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — Hazel Green

• Score: 69/100
• State rank: #54
• US rank: #8575

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Madison County · 380,832 people
• City population: 13,413
• Metro: Huntsville, AL
• Population (ZIP): 13,413
• Household income: $68,389
• Rent vs Own: 14.7% rent · 85.3% own
• Severe rent burden: 162.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 19% Asian 5% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1% Serbian 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 2% Chinese 1% Korean 1%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 33.59%
• Current HPI: 444.7418
• Rent YoY: —
• Metro: Huntsville, 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

+441.7% since first listed

15 events — show timeline

• 2026-05-27 Price Changed $325,000 VMLS
• 2026-05-14 Listed $330,000 VMLS
• 2022-05-13 Sold (Public Records) $305,000 Public Records
• 2022-05-13 Sold (MLS) $305,000 VMLS
• 2022-04-18 Contingent — VMLS
• 2022-04-11 Listed $310,000 VMLS
• 2020-01-30 Sold (MLS) $214,900 REALTRACS as Distributed by MLS Grid
• 2020-01-30 Sold (MLS) $214,900 VMLS
• 2020-01-21 Pending — VMLS
• 2020-01-21 Pending — REALTRACS as Distributed by MLS Grid
• 2020-01-03 Contingent — REALTRACS as Distributed by MLS Grid
• 2020-01-03 Contingent — VMLS
• 2019-12-27 Listed $214,900 REALTRACS as Distributed by MLS Grid
• 2019-12-27 Listed $214,900 VMLS
• 2019-01-18 Sold (Public Records) $60,000 Public Records

Property tax history

+19.3%/yr

Latest (2024): $937 · +0.0% YoY. Source: county tax records.