205 Cherry Laurel Dr · Hazel Green, AL 35750

$259,500

3 bd · 1.0 ba · 1,531 sqft · SingleFamily public records · 35 Days on market

Built 2021 7,200 sqft lot $169/sqft · 13% below area Est $304k · 15% under $15/mo HOA · 1% of rent

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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 +14.1/15.0
• Appreciation +10.0/10.0
• Cash flow +8.8/30.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• 1% rule +1.5/10.0

Listing remarks MLS

Franklin Plan! Within this cozy, one-level home lies a modern use of space. From the kitchen’s large island to the family room’s spacious open-concept, you’re surrounded by owner-centric design. The oversized, two-car garage gives you extra storage space, and the large, covered back porch encourages you to sit down, kick your feet up, and enjoy the breeze. Back inside, the isolated Master Suite features a beautiful bathroom layout – complete with a large walk-in closet.

Key facts

• 7,200 sq ft lot
• 2 garage spots
• Built 2021

Property features AI

Finance

• Other: Directions available
• HOA & community: Homeowners association with $175 annual fee; Subdivision: Clearview; Community curbs

Exterior

• Parking: Attached two-car garage with garage door opener; Concrete driveway
• Utilities: Public water; Private sewer
• Home design: Single-story single-family home; Brick construction; Built in 2021; Slab foundation
• Construction: Brick exterior; Slab foundation; One level
• Exterior features: Lot roughly 120 x 60; Public water

Interior

• Kitchen: Range; Dishwasher; Microwave
• Bedrooms: Single-family residence (built 2021) — living area 1,564
• Bathrooms: 1 full bathroom; 1 three-quarter bathroom
• Heating & cooling: Central heating; Central cooling
• Interior features: Curb and gutters; Sidewalk; Underground utilities; Covered patio; Covered porch; No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-214 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $222k (14.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (34.6% below list).
• Recommended offer: $170k (34.6% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.9% in Hazel Green — 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 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: 256 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $28k of equity ($2k loan paydown + $26k 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 ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
• 4 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.

Recommended offer $169,598 (34.6% 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 35 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.65% ✗
• Cap rate: 5.30%
• Cash-on-cash: -3.53%
• DSCR: 0.84
• GRM: 12.8

CMA / ARV

• ARV (median comp): $303,736
• List price: $259,500
• Delta: -14.56%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
233 Tobin Ln	0.16mi	3/2.0	1,537 (+0%)	0mo	$240,000	$156	88
298 Keller Dr	0.29mi	3/2.0	1,484 (-3%)	2mo	$269,644	$182	76
169 Keller Dr	0.44mi	3/2.0	1,537 (+0%)	1mo	$261,900	$170	74
104 Karenlee Cir	0.31mi	3/2.0	1,474 (-4%)	2mo	$251,900	$171	73
152 Cherry Laurel Dr	0.32mi	3/2.0	1,620 (+6%)	0mo	$259,000	$160	71
309 Keller Dr	0.33mi	3/2.0	1,620 (+6%)	2mo	$284,900	$176	69
189 Tobin Ln	0.24mi	3/2.0	1,685 (+10%)	1mo	$250,000	$148	67
163 Whitner Dr	0.33mi	4/2.0 (+1)	1,667 (+9%)	1mo	$249,280	$150	60
584 Charity Ln	0.58mi	3/2.0	1,615 (+6%)	0mo	$230,000	$142	60
171 Keller Dr	0.44mi	3/2.0	1,683 (+10%)	3mo	$279,000	$166	57
576 Charity Ln	0.56mi	3/2.0	1,636 (+7%)	3mo	$260,000	$159	56
172 Keller Dr	0.46mi	3/2.0	1,683 (+10%)	3mo	$269,900	$160	56

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: 21.7%
• Equity multiple: 2.76×
• Total profit: $127,593
• Equity at exit: $233,778

10-year hold

• IRR: 19.6%
• Equity multiple: 6.32×
• Total profit: $386,206
• Equity at exit: $504,151

Cash invested: $72,660 (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: 256
• Price-to-rent: 12.8×

Monthly cashflow live

• Estimated rent: $1,696 high
• Mortgage (P&I): −$1,361
• Tax from tax record: −$70 /mo · $836/yr
• Insurance: −$108
• HOA: −$15
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $-214

Break-even live

Break-even rent $1,967

Max offer price $221,736

Occupancy floor —

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: $64,875
• Closing costs: $7,785
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 Cherry Laurel Dr Hazel Green, AL	4.0	3.0	1964	$1,750	$0.89	23d	1	0.18mi
117 Hank Ct Hazel Green, AL	3.0	2.0	1517	$1,650	$1.09	43d	1	0.25mi
189 Tobin Ln Hazel Green, AL	3.0	2.0	1685	$1,775	$1.05	13d	1	0.27mi
137 Hazel Pine Trl Hazel Green, AL	3.0	2.0	1482	$1,650	$1.11	23d	1	0.27mi
108 Karenlee Cir Hazel Green, AL	4.0	2.0	1666	$1,685	$1.01	23d	1	0.31mi
143 Havner Dr Hazel Green, AL	4.0	2.0	1667	$1,775	$1.06	13d	1	0.41mi
147 Tobin Ln Hazel Green, AL	4.0	2.0	1884	$1,700	$0.90	43d	1	0.42mi
171 Keller Dr Hazel Green, AL	3.0	2.0	1683	$1,616	$0.96	43d	1	0.46mi
169 Keller Dr Hazel Green, AL	3.0	2.0	1537	$1,665	$1.08	13d	1	0.46mi
100 Brook Glen Dr Hazel Green, AL	3.0	2.0	1336	$1,595	$1.19	13d	1	0.60mi
149 Hazel Trce Hazel Green, AL	3.0	2.0	1628	$1,695	$1.04	13d	1	0.83mi
120 Grip Dr Hazel Green, AL	4.0	2.0	1732	$1,823	$1.05	21d	1	1.45mi

HOA detail

• Monthly dues: $15 · $180/yr

Listing history 25 events

1. 2026-06-18
   days on market $259,500 Active 35 DOM
2. 2026-06-17
   days on market $259,500 Active 34 DOM
3. 2026-06-16
   days on market $259,500 Active 33 DOM
4. 2026-06-15
   days on market $259,500 Active 32 DOM
5. 2026-06-14
   days on market $259,500 Active 30 DOM
6. 2026-06-10
   days on market $259,500 Active 27 DOM
7. 2026-06-09
   days on market $259,500 Active 26 DOM
8. 2026-06-08
   days on market $259,500 Active 25 DOM
9. 2026-06-07
   remarks 679-char remark
10. 2026-06-07
    pricedays on market $259,500 Active 24 DOM
11. 2026-06-02
    days on market $259,900 Active 19 DOM
12. 2026-06-01
    days on market $259,900 Active 18 DOM
13. 2026-05-31
    days on market $259,900 Active 17 DOM
14. 2026-05-30
    days on market $259,900 Active 16 DOM
15. 2026-05-15
    status Active 683-char remark
16. 2026-04-30
    historical 683-char remark
17. 2026-04-30
    listed $259,900 Active 683-char remark
18. 2024-11-04
    historical $1,595
19. 2024-10-23
    price $1,595
20. 2024-08-31
    price $1,695
21. 2024-08-08
    price $1,795
22. 2024-07-20
    listed $1,850
23. 2021-08-06
    soldstatus $231,285 498-char remark

    Show marketing remark (498 chars)

    Franklin Plan! Within this cozy, one-level home lies a modern use of space. From the kitchen’s large island to the family room’s spacious open-concept, you’re surrounded by owner-centric design. The oversized, two-car garage gives you extra storage space, and the large, covered back porch encourages you to sit down, kick your feet up, and enjoy the breeze. Back inside, the isolated Master Suite features a beautiful bathroom layout – complete with a large walk-in closet.

24. 2021-08-06
    listed $231,285 498-char remark

    Show marketing remark (498 chars)

    Franklin Plan! Within this cozy, one-level home lies a modern use of space. From the kitchen’s large island to the family room’s spacious open-concept, you’re surrounded by owner-centric design. The oversized, two-car garage gives you extra storage space, and the large, covered back porch encourages you to sit down, kick your feet up, and enjoy the breeze. Back inside, the isolated Master Suite features a beautiful bathroom layout – complete with a large walk-in closet.

25. 2021-03-05
    soldstatus $47,000

ⓘ 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: $836 · $70/mo
• Projected year-2 tax: $1,064 · $89/mo
• Expected delta: +$228/yr (+$19/mo · 27.3%)

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

Taxation est. · year 1

• Rental income: $20,352
• − Mortgage interest: −$14,536
• − Property taxes: −$836
• − Insurance: −$1,298
• − Repairs & maintenance: −$1,628
• − Management: −$1,628
• − HOA: −$180
• − Depreciation: −$7,549
• Taxable loss: −$7,303
• Est. tax savings @ 24.0%: +$1,753
• After-tax cash flow: $-813/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

• Census place: Hazel Green, AL
• 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

+452.1% since first listed

12 events — show timeline

• 2026-06-04 Price Changed $259,500 VMLS
• 2026-05-15 Relisted — VMLS
• 2026-04-30 Delisted — VMLS
• 2026-04-30 Listed $259,900 VMLS
• 2024-11-04 Rental Removed $1,595 VMLS
• 2024-10-23 Price Changed $1,595 VMLS
• 2024-08-31 Price Changed $1,695 VMLS
• 2024-08-08 Price Changed $1,795 VMLS
• 2024-07-20 Listed for Rent $1,850 VMLS
• 2021-08-06 Listed $231,285 VMLS
• 2021-08-06 Sold (MLS) $231,285 VMLS
• 2021-03-05 Sold (Public Records) $47,000 Public Records

Property tax history

+0.0%/yr

Latest (2024): $836 · +0.0% YoY. Source: county tax records.