1358 Archers Cove Way · Springville, AL 35146

$334,900

5 bd · 1.5 ba · 2,577 sqft · SingleFamily public records · 51 Days on market

Built 2021 Good condition 0.25 ac lot Est $376k · 11% under $46/mo HOA · 2% of rent

---

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 +14.4/30.0
• ARV discount +12.4/15.0
• DSCR +4.4/10.0
• Condition / age +3.8/5.0
• Livability +3.6/5.0
• Schools +3.2/10.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautiful two level living home provides a large living room, with 5 very spacious bedrooms, 3 bathrooms, with efficiant designs. One of the unique features is the integration of the kitchen, breakfast are and great room that are open and designed for fun family gatherings. The upstairs Bedroom one is your private getaway with a luxurious bath boasting a separate shower and soaking garden tub with a large walk in closet. There is also a nice loft area upstairs as well. Home has stainless steel appliances including side by side fridge and granite counter tops in kitchen. Mohawk RevWood flooring throughout living areas and ceramic tile in baths and laundry room. Built with energy efficient features to save on your utility bill. Included is a SMART HOME SYSTEM. Quality materials and workmanship throughout are reasons why you do not want to miss out on this home! Qualifies for $0 down USDA.

Key facts

• Central island
• Stone countertops
• Stainless appliances

Tags

• MOHAWK REVWOOD FLOORING
• CHEF'S KITCHEN
• STONE COUNTERTOPS
• STAINLESS APPLIANCES
• CENTRAL ISLAND
• OVERSIZED PRIMARY SUITE

Property features AI

Finance

• Other: Property has curb and gutters and paved public road access
• Financial info: Monthly garbage fee applies
• HOA & community: Homeowners association with annual fee of $550; HOA covers common grounds maintenance, management, reserves for improvements, and utilities for common areas

Exterior

• Parking: Front garage entry; Detached driveway and off-street parking on multiple levels; 2 total garage spaces (2 on main level)
• Utilities: Public water; Connected sewer; Underground utilities; Internet service available
• Home design: Existing home; Tri-level: no / Split level: no / Split foyer: no
• Construction: Siding (Hardiplank) exterior; Slab foundation
• Exterior features: Open patio; Porch; Garden/patio; Community in-ground pool with perimeter fencing; Sidewalks and street lights; Interior lot in a subdivision

Interior

• Kitchen: Solid surface and stone countertops; Breakfast bar and eating area; Kitchen island; Pantry; Built-in dishwasher; Built-in ice maker; Refrigerator included; Some stainless appliances; Electric stove
• Bedrooms: Multiple bedrooms including a master suite on the upper level
• Flooring: Carpet; Hardwood laminate; Tile floors
• Bathrooms: Three full bathrooms; Master bath with separate vanities; Garden tub; Linen closet
• Heating & cooling: Central heating; Central cooling; Ceiling fans; Programmable thermostat
• Interior features: 9-foot+ smooth ceilings; Recessed lighting; Whole-house sound system; Some window treatments to remain
• Laundry & utility: Laundry room on the upper level; Washer hookup; Electric dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 5-bed/1.5-bath single-family listed at $335k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $67 ($803/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $272k (18.9% below list).
• Recommended offer: $272k (18.9% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.3% in Springville — 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 72/100 on livability (#30 in AL) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: amenities F, commute F.
• St Clair County (rural): math 21% / reading 52% proficiency, ranked #33 of 129 in AL (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Springville Elementary School (math 36% / reading 67%, grade C-, #110 of 627 statewide, top 18%, 978 students, 34% FRL); Springville Middle School (math 26% / reading 63%, grade D, #39 of 257 statewide, top 16%, 578 students, 41% FRL); Springville High School (math 37% / reading 32%, grade F, #47 of 305 statewide, top 17%, 766 students, 33% FRL) — zoned schools at 36% FRL track the district average.
• Market conditions: 172 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 557 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($87k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• St. Clair County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($325k) is reasonable based on typical stale-listing flexibility.
• 2 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.
• Current owner paid $289k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $271,551 (18.9% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. 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.
7. 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.
8. 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: 0.81% ✗
• Cap rate: 6.53%
• Cash-on-cash: 0.86%
• DSCR: 1.04
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $376,242
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1315 Archer's Cove Way	0.05mi	5/2.5	2,629 (+2%)	1mo	$291,000	$111	90
385 Archers Brook Dr	0.31mi	5/2.5	2,632 (+2%)	2mo	$374,900	$142	76
390 Archers Brook Dr	0.29mi	5/3.0	2,511 (-3%)	1mo	$342,900	$137	75
370 Archers Brook Dr	0.29mi	5/3.0	2,511 (-3%)	2mo	$348,100	$139	74
278 Archers Brook Way	0.29mi	5/3.0	2,511 (-3%)	3mo	$354,900	$141	74
360 Archers Brook Dr	0.29mi	4/3.0 (-1)	2,400 (-7%)	1mo	$364,900	$152	63
365 Archers Brook Dr	0.31mi	4/2.5 (-1)	2,340 (-9%)	2mo	$327,900	$140	60
200 Archers Brook Dr	0.19mi	4/2.5 (-1)	2,256 (-12%)	3mo	$339,000	$150	59
141 Archers Brook Ln	0.29mi	4/2.5 (-1)	2,256 (-12%)	2mo	$332,000	$147	54
355 Archers Brook Dr	0.31mi	4/2.5 (-1)	2,256 (-12%)	2mo	$329,900	$146	54
430 Archers Brook Dr	0.32mi	4/3.0 (-1)	2,273 (-12%)	3mo	$374,900	$165	52
403 Archers Brook Way	0.42mi	4/3.0 (-1)	2,273 (-12%)	0mo	$383,400	$169	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -15.0%
• Equity multiple: 0.47×
• Total profit: $-50,108
• Equity at exit: $49,935

10-year hold

• IRR: -6.4%
• Equity multiple: 0.59×
• Total profit: $-38,566
• Equity at exit: $28,956

Cash invested: $93,772 (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 35146

• Home prices YoY: -15.8%
• Active inventory: 172
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,716 medium
• Mortgage (P&I): −$1,756
• Tax from tax record: −$137 /mo · $1,638/yr
• Insurance: −$140
• HOA: −$46
• Vacancy / Maint / Mgmt: −$570
• Net cashflow: $67

Break-even live

Break-even rent $2,631

Max offer price $334,900

Occupancy floor 93%

Sensitivity live

Price	-10% $257	-5% $162	+0% $67	+5% $-28	+10% $-123
Rent	-10% $-148	-5% $-40	+0% $67	+5% $174	+10% $281
Rate	-1.0pp $236	-0.5pp $152	base $67	+0.5pp $-20	+1.0pp $-108

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: $83,725
• Closing costs: $10,047
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1398 Archers Cove Way Springville, AL	5.0	3.0	2534	$2,825	$1.11	3d	1	0.07mi
380 Archers Brook Dr Springville, AL	4.0	3.0	2340	$2,070	$0.88	45d	1	0.28mi
365 Archers Brook Dr Springville, AL	4.0	2.5	2340	$2,025	$0.87	3d	1	0.30mi

HOA detail

• Monthly dues: $46 · $552/yr

Listing history 19 events

1. 2026-06-22
   days on market $334,900 Active 51 DOM
2. 2026-06-18
   days on market $334,900 Active 48 DOM
3. 2026-06-17
   days on market $334,900 Active 47 DOM
4. 2026-06-16
   days on market $334,900 Active 46 DOM
5. 2026-06-15
   days on market $334,900 Active 45 DOM
6. 2026-06-13
   days on market $334,900 Active 43 DOM
7. 2026-06-10
   days on market $334,900 Active 40 DOM
8. 2026-06-09
   days on market $334,900 Active 39 DOM
9. 2026-06-08
   days on market $334,900 Active 38 DOM
10. 2026-06-07
    days on market $334,900 Active 37 DOM
11. 2026-06-03
    days on market $334,900 Active 33 DOM
12. 2026-06-02
    days on market $334,900 Active 32 DOM
13. 2026-06-01
    days on market $334,900 Active 31 DOM
14. 2026-05-31
    days on market $334,900 Active 30 DOM
15. 2026-05-01
    listed $334,900 Active
16. 2021-08-13
    price $289,050 904-char remark

    Show marketing remark (904 chars)

    This beautiful two level living home provides a large living room, with 5 very spacious bedrooms, 3 bathrooms, with efficiant designs. One of the unique features is the integration of the kitchen, breakfast are and great room that are open and designed for fun family gatherings. The upstairs Bedroom one is your private getaway with a luxurious bath boasting a separate shower and soaking garden tub with a large walk in closet. There is also a nice loft area upstairs as well. Home has stainless steel appliances including side by side fridge and granite counter tops in kitchen. Mohawk RevWood flooring throughout living areas and ceramic tile in baths and laundry room. Built with energy efficient features to save on your utility bill. Included is a SMART HOME SYSTEM. Quality materials and workmanship throughout are reasons why you do not want to miss out on this home! Qualifies for $0 down USDA.

17. 2021-08-13
    soldstatus $289,050 Sold 904-char remark

    Show marketing remark (904 chars)

    This beautiful two level living home provides a large living room, with 5 very spacious bedrooms, 3 bathrooms, with efficiant designs. One of the unique features is the integration of the kitchen, breakfast are and great room that are open and designed for fun family gatherings. The upstairs Bedroom one is your private getaway with a luxurious bath boasting a separate shower and soaking garden tub with a large walk in closet. There is also a nice loft area upstairs as well. Home has stainless steel appliances including side by side fridge and granite counter tops in kitchen. Mohawk RevWood flooring throughout living areas and ceramic tile in baths and laundry room. Built with energy efficient features to save on your utility bill. Included is a SMART HOME SYSTEM. Quality materials and workmanship throughout are reasons why you do not want to miss out on this home! Qualifies for $0 down USDA.

18. 2021-03-26
    historical 904-char remark

    Show marketing remark (904 chars)

    This beautiful two level living home provides a large living room, with 5 very spacious bedrooms, 3 bathrooms, with efficiant designs. One of the unique features is the integration of the kitchen, breakfast are and great room that are open and designed for fun family gatherings. The upstairs Bedroom one is your private getaway with a luxurious bath boasting a separate shower and soaking garden tub with a large walk in closet. There is also a nice loft area upstairs as well. Home has stainless steel appliances including side by side fridge and granite counter tops in kitchen. Mohawk RevWood flooring throughout living areas and ceramic tile in baths and laundry room. Built with energy efficient features to save on your utility bill. Included is a SMART HOME SYSTEM. Quality materials and workmanship throughout are reasons why you do not want to miss out on this home! Qualifies for $0 down USDA.

19. 2021-02-11
    listed $273,050 904-char remark

    Show marketing remark (904 chars)

    This beautiful two level living home provides a large living room, with 5 very spacious bedrooms, 3 bathrooms, with efficiant designs. One of the unique features is the integration of the kitchen, breakfast are and great room that are open and designed for fun family gatherings. The upstairs Bedroom one is your private getaway with a luxurious bath boasting a separate shower and soaking garden tub with a large walk in closet. There is also a nice loft area upstairs as well. Home has stainless steel appliances including side by side fridge and granite counter tops in kitchen. Mohawk RevWood flooring throughout living areas and ceramic tile in baths and laundry room. Built with energy efficient features to save on your utility bill. Included is a SMART HOME SYSTEM. Quality materials and workmanship throughout are reasons why you do not want to miss out on this home! Qualifies for $0 down USDA.

ⓘ 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: $1,638 · $137/mo
• Projected year-2 tax: $1,638 · $137/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $32,586
• − Mortgage interest: −$18,760
• − Property taxes: −$1,638
• − Insurance: −$1,674
• − Repairs & maintenance: −$2,607
• − Management: −$2,607
• − HOA: −$552
• − Depreciation: −$9,743
• Taxable loss: −$4,994
• Est. tax savings @ 24.0%: +$1,199
• After-tax cash flow: $2,002/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.

Condition & rehab AI · 1 photo

Good 75/100 Cosmetic rehab

This move-in ready, well-maintained home in a desirable neighborhood offers a good investment opportunity with minimal needed repairs and updates.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
• Resale Kitchen appliances replacement — Modern, energy-efficient appliances can attract more buyers.
• Resale Bathroom updates — Upgraded bathrooms can significantly increase the home's appeal to potential buyers.
• Both HVAC system maintenance or replacement — A well-maintained HVAC system can improve comfort and energy efficiency, attracting both buyers and tenants.
• Both Landscaping and curb appeal improvements — A well-maintained and attractive exterior can enhance the home's curb appeal and attract more potential buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants. ↑
• Resale Kitchen appliances replacement — Modern, energy-efficient appliances can attract more buyers. ↑
• Resale Bathroom updates — Upgraded bathrooms can significantly increase the home's appeal to potential buyers. ↑
• Both HVAC system maintenance or replacement — A well-maintained HVAC system can improve comfort and energy efficiency, attracting both buyers and tenants. ↑
• Both Landscaping and curb appeal improvements — A well-maintained and attractive exterior can enhance the home's curb appeal and attract more potential buyers/tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: St Clair County
• NCES district ID: 0103062
• Math proficiency: 21% ▼ -34.00%
• Reading proficiency: 52% ▬ 0.00%
• Median HH income: $53,324
• Composite: 31.79/100
• National rank: #5887
• State rank: #33 of 129 in AL

Livability — Springville

• Score: 72/100
• State rank: #30
• US rank: #6213

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Springville, AL
• County: Saint Clair County · 54,404 people
• City population: 13,973
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 13,973
• Household income: $86,614
• Rent vs Own: 11.8% rent · 88.2% own
• Severe rent burden: 39.0

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 94,158 people
• By 2030: 97,008 · +3.0%
• By 2040: 101,615 · +7.9%
• By 2050: 104,537 · +11.0%
• By 2075: 109,350 · +16.1%
• By 2100: 106,785 · +13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 11% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Slovak 4% Italian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% German/W. Germanic 1%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+64.1) · D 17.6% · R 81.7%
• 2008→2024 swing: -0.9pp no change · 2008: -63.2pp · 2024: -64.1pp
• All cycles: 2024: R+64.1 2020: R+64.0 2016: R+68.6 2012: R+66.1 2008: R+63.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.81%
• Current HPI: 228.507
• 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

+22.7% since first listed

5 events — show timeline

• 2026-05-01 Listed $334,900 Greater Alabama MLS
• 2021-08-13 Sold (MLS) $289,050 Greater Alabama MLS
• 2021-08-13 Price Changed $289,050 Greater Alabama MLS
• 2021-03-26 Delisted — Greater Alabama MLS
• 2021-02-11 Listed $273,050 Greater Alabama MLS

Property tax history

+18.0%/yr

Latest (2025): $1,638 · -0.9% YoY. Source: county tax records.