🏷️ Likely Rental
493 Cedar Crest Dr · Hoover, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 7/10 · Major
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +15.6/30.0
- ARV discount +15.0/15.0
- Schools +5.0/10.0
- DSCR +4.8/10.0
- 1% rule +4.4/10.0
- Livability +4.2/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$184,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
INVESTOR ALERT!!! Turnkey Investment Opportunity in Hoover, AL! Don’t miss this incredible opportunity to add a cash-flowing property in highly desirable Hoover to your portfolio. This 2-bedroom, 2.5-bathroom home is tenant-occupied and generating $1,500/month, offering immediate income from day one. Positioned in an area known for high-preforming schools, easy access to shopping, dining, and major freeways, this property supports strong rental demand and long-term stability. Whether you’re a seasoned investor looking to expand or just getting started, this is a strategic and rare opportunity to secure a performing asset in a thriving market. DSCR Loan can be used for rent-ready purchase. 80% Loan to Value. Minimum 660 credit score. Tax returns and personal debt to income not required. Two most recent bank statements required. Ask listing agent for additional information.
Key facts
- Strong rental demand
- Tenant-occupied
- Built 1985
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath townhouse listed at $185k.
Deal economics
- At list price, monthly cash flow is $78 ($935/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 $173k (6.4% below list).
- Recommended offer: $173k (6.4% below list) — sets the bar for 1% rule.
- Cap rate 6.8% vs local median 2.4% in Hoover — 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 84/100 on livability (#1 in AL, #630 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+.
- Hoover City (urban): math 45% / reading 66% proficiency, ranked #8 of 129 in AL (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
- Market conditions: Rents rising (+2.6%/yr); 135 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.
Negotiation context
- It's been on market 72 days — a 6% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 7y ago; this cycle's ask has dropped $15k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $131k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- 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.
Questions for the listing agent
- It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-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?
- 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.
- 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.
- 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
- 0.94% ✗
- Cap rate
- 6.80%
- Cash-on-cash
- 1.81%
- DSCR
- 1.08
- GRM
- 8.9
CMA / ARV
- ARV (median comp)
- $238,376
- List price
- $184,900
- Delta
- -22.43%
- 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 |
|---|---|---|---|---|---|---|---|
| 3408 Cedar Crest Cir | 0.05mi | 2/2.5 | 1,400 (+3%) | 6mo | $225,000 | $161 | 86 |
| 3403 Cedar Crest Cir | 0.03mi | 3/2.5 (+1) | 1,273 (-6%) | 8mo | $225,000 | $177 | 74 |
| 3737 Haven View Cir | 0.70mi | 2/2.5 | 1,380 (+2%) | 3mo | $150,000 | $109 | 61 |
| 3735 Haven View Cir | 0.70mi | 2/1.5 | 1,242 (-9%) | 4mo | $164,700 | $133 | 48 |
| 1647 Savannah Park | 0.71mi | 2/2.5 | 1,460 (+7%) | 9mo | $260,000 | $178 | 45 |
| 3939 River Pointe Ln #8 | 0.69mi | 3/2.0 (+1) | 1,252 (-8%) | 6mo | $255,000 | $204 | 44 |
| 3704 Stone Ridge Ter | 0.73mi | 2/2.0 | 1,535 (+13%) | 2mo | $257,500 | $168 | 42 |
| 3965 River Pointe Ln | 0.72mi | 3/2.0 (+1) | 1,252 (-8%) | 8mo | $225,000 | $180 | 41 |
| 3772 Haven View Cir | 0.60mi | 3/2.5 (+1) | 1,518 (+12%) | 6mo | $187,500 | $124 | 40 |
| 2431 Dove Pl | 0.69mi | 3/2.5 (+1) | 1,513 (+11%) | 6mo | $92,000 | $61 | 37 |
| 1607 Savannah Park | 0.68mi | 2/2.5 | 1,532 (+13%) | 10mo | $241,500 | $158 | 37 |
| 3821 Windhover Cir #6 | 0.68mi | 3/2.5 (+1) | 1,520 (+12%) | 10mo | $87,000 | $57 | 34 |
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 · 2.59% rent growth · sell at horizon
- IRR
- -13.9%
- Equity multiple
- 0.50×
- Total profit
- $-25,679
- Equity at exit
- $27,569
- IRR
- -5.7%
- Equity multiple
- 0.64×
- Total profit
- $-18,733
- Equity at exit
- $15,987
Cash invested: $51,772 (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
ZIP-level market 35216
- Rents YoY
- 2.6%
- Active inventory
- 135
- Price-to-rent
- 8.9×
Monthly cashflow live
- Estimated rent
- $1,731 high interval (Pro) →
- Mortgage (P&I)
- −$970
- Tax from tax record
- −$243 /mo · $2,914/yr
- Insurance
- −$77
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$363
- Net cashflow
- $78
Break-even live
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
- $46,225
- Closing costs
- $5,547
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3411 Cedar Crest Cir Hoover, AL | 3.0 | 2.5 | 1336 | $2,150 | $1.61 | 1d | 1 | 0.05mi |
| 990 Wisteria Pl Birmingham, AL | 3.0 | 2.0 | 1450 | $1,620 | $1.12 | 1d | 3 | 0.39mi |
| 3400 Chestnut Ridge Ln Birmingham, AL | 2.0–3.0 | 2.0 | 1263 | $1,389 | $1.10 | 1d | 8 | 0.51mi |
| 3741 Chestnut Ridge Ln Vestavia Hills, AL | 1.0–3.0 | 1.0–2.0 | 1450 | $1,232 | $0.85 | 1d | 61 | 0.52mi |
| 3744 Spearman Dr Hoover, AL | 3.0 | 2.0 | 1668 | $1,850 | $1.11 | 43d | 1 | 0.59mi |
| 3709 Stone Ridge Ter Hoover, AL | 2.0 | 2.0 | 1535 | $1,750 | $1.14 | 1d | 1 | 0.71mi |
| 4012 Lennox Rd Vestavia Hills, AL | 3.0 | 2.5 | 1674 | $2,765 | $1.65 | 43d | 1 | 0.72mi |
| 4020 Lennox Rd Vestavia Hills, AL | 3.0 | 2.5 | 1674 | $2,665 | $1.59 | 43d | 1 | 0.73mi |
| 3299 Warringwood Dr Hoover, AL | 2.0 | 1.5 | 960 | $1,150 | $1.20 | 21d | 1 | 0.74mi |
| 1000 Autumn Wood Dr Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 880 | $1,230 | $1.40 | 2d | 12 | 0.79mi |
| 2149 Emerald Pointe Dr Birmingham, AL | 1.0–3.0 | 1.0–1.5 | 885 | $1,074 | $1.21 | 23d | 1 | 0.83mi |
| 4429 Lennox Pl Unit 4429 Birmingham, AL | 3.0 | 3.0 | 1645 | $2,450 | $1.49 | 1d | 1 | 0.83mi |
| 4429 Lennox Pl Unit 12 65 Birmingham, AL | 3.0 | 3.0 | 1645 | $2,450 | $1.49 | 10d | 1 | 0.83mi |
| 4429 Lennox Pl Unit 4415 Birmingham, AL | 3.0 | 3.0 | 1645 | $2,450 | $1.49 | 19d | 1 | 0.83mi |
| 601 Wildbrook Ln Hoover, AL | 1.0–3.0 | 1.0–2.0 | 1340 | $1,200 | $0.90 | 1d | 4 | 1.11mi |
| 3400 Treeline Ct Hoover, AL | 1.0–3.0 | 1.0–2.0 | 950 | $1,140 | $1.20 | 21d | 13 | 1.15mi |
| 3101 Lorna Rd Hoover, AL | 1.0–2.0 | 1.0–2.0 | 1023 | $1,750 | $1.71 | 43d | 2 | 1.17mi |
| 3101 Lorna Rd #924 Hoover, AL | 2.0 | 2.0 | 1023 | $1,750 | $1.71 | 19d | 1 | 1.17mi |
| 3101 Lorna Rd Unit ROAD924 Birmingham, AL | 2.0 | 2.0 | 965 | $1,750 | $1.81 | 1d | 1 | 1.17mi |
| 3565 Lorna Rd Hoover, AL | 1.0–3.0 | 1.0–1.5 | 975 | $938 | $0.96 | 43d | 1 | 1.21mi |
| 4248 Ashwood Cv Vestavia Hills, AL | 3.0 | 2.5 | 1428 | $1,850 | $1.30 | 2d | 1 | 1.25mi |
| 2139 Rocky Ridge Ranch Rd Hoover, AL | 1.0–3.0 | 1.0–2.0 | 1044 | $1,249 | $1.20 | 1d | 4 | 1.26mi |
| 3627 Cedarbrook Dr Hoover, AL | 1.0–2.0 | 1.0–2.0 | 894 | $1,070 | $1.20 | 19d | 1 | 1.26mi |
| 2105 Montreat Pkwy Unit D Vestavia Hills, AL | 2.0 | 1.0 | 1100 | $1,250 | $1.14 | 44d | 1 | 1.31mi |
| 6100 Rime Village Dr E Vestavia Hills, AL | 1.0–2.0 | 1.5–2.0 | 1307 | $1,446 | $1.11 | 1d | 10 | 1.35mi |
| 2250 Little Valley Rd Hoover, AL | 3.0 | 1.0–2.0 | 894 | $1,278 | $1.43 | 43d | 1 | 1.36mi |
| 2135 Centennial Dr Birmingham, AL | 3.0 | 1.0–2.0 | 955 | $1,066 | $1.12 | 1d | 21 | 1.41mi |
| 2071 Alpine Vlg Birmingham, AL | 1.0–3.0 | 1.0–2.0 | 1000 | $1,010 | $1.01 | 2d | 9 | 1.44mi |
| 2128 Montreat Dr Vestavia Hills, AL | 3.0 | 2.5 | 1705 | $1,750 | $1.03 | 43d | 1 | 1.44mi |
| 1443 River Walk Cir Vestavia Hills, AL | 3.0 | 2.5 | 1654 | $1,895 | $1.15 | 2d | 1 | 1.46mi |
| 2076 Montreat Cir Vestavia Hills, AL | 2.0 | 2.0 | 1034 | $1,600 | $1.55 | 43d | 1 | 1.47mi |
Listing history 31 events
-
2026-06-18days on market $184,900 Active 72 DOM
-
2026-06-17days on market $184,900 Active 71 DOM
-
2026-06-16days on market $184,900 Active 70 DOM
-
2026-06-15days on market $184,900 Active 69 DOM
-
2026-06-13days on market $184,900 Active 67 DOM
-
2026-06-10days on market $184,900 Active 64 DOM
-
2026-06-09days on market $184,900 Active 63 DOM
-
2026-06-08days on market $184,900 Active 62 DOM
-
2026-06-07days on market $184,900 Active 61 DOM
-
2026-06-05pricedays on market $184,900 Active 58 DOM
-
2026-06-03days on market $199,900 Active 57 DOM
-
2026-06-02days on market $199,900 Active 56 DOM
-
2026-06-01days on market $199,900 Active 55 DOM
-
2026-05-31days on market $199,900 Active 54 DOM
-
2026-04-07$199,900 Active 896-char remark
Show marketing remark (896 chars)
INVESTOR ALERT!!! Turnkey Investment Opportunity in Hoover, AL! Don’t miss this incredible opportunity to add a cash-flowing property in highly desirable Hoover to your portfolio. This 2-bedroom, 2.5-bathroom home is tenant-occupied and generating $1,500/month, offering immediate income from day one. Positioned in an area known for high-preforming schools, easy access to shopping, dining, and major freeways, this property supports strong rental demand and long-term stability. Whether you’re a seasoned investor looking to expand or just getting started, this is a strategic and rare opportunity to secure a performing asset in a thriving market. DSCR Loan can be used for rent-ready purchase. 80% Loan to Value. Minimum 660 credit score. Tax returns and personal debt to income not required. Two most recent bank statements required. Ask listing agent for additional information.
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2026-01-25historical $1,523
-
2026-01-16price $1,523
-
2026-01-13price $1,623
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2025-12-16$1,495
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2022-01-21price $1,300
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2019-05-08soldstatus $131,000
-
2019-05-07soldstatus $131,000 Sold 926-char remark
Show marketing remark (926 chars)
* * * NEW PRICE * * * MOVE-IN READY. Great location to Hoover Dog Park, Samford, UAB, and local restaurants and grocery! 2 Bedroom, 2 and a Half Bath Town Home! NO HOA FEES! Hoover School System! Fenced Backyard. Covered Patio Area is great for entertaining this Spring/Summer or enjoy a quiet morning with a cup of coffee! Large Living/Dining Area with GLEAMING Hardwood Laminate Floors, just needs your Kitchen Table and TV! Kitchen with a Breakfast Bar/Island, Granite Countertops, Tile Backsplash, with additional storage and Pantry, Spacious Master Bedroom with Master Shower! Laundry Closet located on the 2nd Floor; no more toting your clothes up and down the stairs, or doing the laundry in the kitchen! 2nd Bedroom is Large with a Walk-In Closet, Full Bath with Tub/Shower! 1/2 Bath Downstairs! New Main Level Flooring (August 2018). HVAC (4 Years Old). Brand New Carpet (March 2019). * WASHER AND DRYER REMAIN *
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2019-04-30historical 926-char remark
Show marketing remark (926 chars)
* * * NEW PRICE * * * MOVE-IN READY. Great location to Hoover Dog Park, Samford, UAB, and local restaurants and grocery! 2 Bedroom, 2 and a Half Bath Town Home! NO HOA FEES! Hoover School System! Fenced Backyard. Covered Patio Area is great for entertaining this Spring/Summer or enjoy a quiet morning with a cup of coffee! Large Living/Dining Area with GLEAMING Hardwood Laminate Floors, just needs your Kitchen Table and TV! Kitchen with a Breakfast Bar/Island, Granite Countertops, Tile Backsplash, with additional storage and Pantry, Spacious Master Bedroom with Master Shower! Laundry Closet located on the 2nd Floor; no more toting your clothes up and down the stairs, or doing the laundry in the kitchen! 2nd Bedroom is Large with a Walk-In Closet, Full Bath with Tub/Shower! 1/2 Bath Downstairs! New Main Level Flooring (August 2018). HVAC (4 Years Old). Brand New Carpet (March 2019). * WASHER AND DRYER REMAIN *
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2019-04-09historical Contingent 926-char remark
Show marketing remark (926 chars)
* * * NEW PRICE * * * MOVE-IN READY. Great location to Hoover Dog Park, Samford, UAB, and local restaurants and grocery! 2 Bedroom, 2 and a Half Bath Town Home! NO HOA FEES! Hoover School System! Fenced Backyard. Covered Patio Area is great for entertaining this Spring/Summer or enjoy a quiet morning with a cup of coffee! Large Living/Dining Area with GLEAMING Hardwood Laminate Floors, just needs your Kitchen Table and TV! Kitchen with a Breakfast Bar/Island, Granite Countertops, Tile Backsplash, with additional storage and Pantry, Spacious Master Bedroom with Master Shower! Laundry Closet located on the 2nd Floor; no more toting your clothes up and down the stairs, or doing the laundry in the kitchen! 2nd Bedroom is Large with a Walk-In Closet, Full Bath with Tub/Shower! 1/2 Bath Downstairs! New Main Level Flooring (August 2018). HVAC (4 Years Old). Brand New Carpet (March 2019). * WASHER AND DRYER REMAIN *
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2019-04-02price $135,900 926-char remark
Show marketing remark (926 chars)
* * * NEW PRICE * * * MOVE-IN READY. Great location to Hoover Dog Park, Samford, UAB, and local restaurants and grocery! 2 Bedroom, 2 and a Half Bath Town Home! NO HOA FEES! Hoover School System! Fenced Backyard. Covered Patio Area is great for entertaining this Spring/Summer or enjoy a quiet morning with a cup of coffee! Large Living/Dining Area with GLEAMING Hardwood Laminate Floors, just needs your Kitchen Table and TV! Kitchen with a Breakfast Bar/Island, Granite Countertops, Tile Backsplash, with additional storage and Pantry, Spacious Master Bedroom with Master Shower! Laundry Closet located on the 2nd Floor; no more toting your clothes up and down the stairs, or doing the laundry in the kitchen! 2nd Bedroom is Large with a Walk-In Closet, Full Bath with Tub/Shower! 1/2 Bath Downstairs! New Main Level Flooring (August 2018). HVAC (4 Years Old). Brand New Carpet (March 2019). * WASHER AND DRYER REMAIN *
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2019-03-22$139,900 Active 926-char remark
Show marketing remark (926 chars)
* * * NEW PRICE * * * MOVE-IN READY. Great location to Hoover Dog Park, Samford, UAB, and local restaurants and grocery! 2 Bedroom, 2 and a Half Bath Town Home! NO HOA FEES! Hoover School System! Fenced Backyard. Covered Patio Area is great for entertaining this Spring/Summer or enjoy a quiet morning with a cup of coffee! Large Living/Dining Area with GLEAMING Hardwood Laminate Floors, just needs your Kitchen Table and TV! Kitchen with a Breakfast Bar/Island, Granite Countertops, Tile Backsplash, with additional storage and Pantry, Spacious Master Bedroom with Master Shower! Laundry Closet located on the 2nd Floor; no more toting your clothes up and down the stairs, or doing the laundry in the kitchen! 2nd Bedroom is Large with a Walk-In Closet, Full Bath with Tub/Shower! 1/2 Bath Downstairs! New Main Level Flooring (August 2018). HVAC (4 Years Old). Brand New Carpet (March 2019). * WASHER AND DRYER REMAIN *
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2017-02-09soldstatus $234,000
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2009-05-29soldstatus $108,000
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2005-04-11soldstatus $103,500
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1994-09-30soldstatus $81,500
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1985-11-27soldstatus $62,900
ⓘ 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
- $2,914 · $243/mo
- Projected year-2 tax
- $2,914 · $243/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 7/10 Severe 7 d/yr ≥107°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 6 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,771
- − Mortgage interest
- −$10,357
- − Property taxes
- −$2,914
- − Insurance
- −$924
- − Repairs & maintenance
- −$1,662
- − Management
- −$1,662
- − Depreciation
- −$5,379
- Taxable loss
- −$2,127
- Est. tax savings @ 24.0%
- +$511
- After-tax cash flow
- $1,445/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
- Hoover City
- NCES district ID
- 0100007
- Math proficiency
- 45% ▼ -25.00%
- Reading proficiency
- 66% ▲ 1.00%
- Median HH income
- $76,210
- Composite
- 49.77/100
- National rank
- #1960
- State rank
- #8 of 129 in AL
Livability — Hoover
- Score
- 84/100
- State rank
- #1
- US rank
- #630
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hoover, AL
- County
- Jefferson County · 527,445 people
- City population
- 76,805
- Metro
- Birmingham-Hoover, AL
- Population (ZIP)
- 34,327
- Household income
- $74,525
- Rent vs Own
- Severe rent burden
- 1747.0
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 61% Black 24% Hispanic / Latino 8% Asian 5% Two or more races 4% Native American 1%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Slovak 3% Serbian 2% Italian 2%
- Foreign-born
- 8% · Canada, China, South Korea
- Languages at home
- 88% English-only · Spanish 6% Other Indo-European 2% Arabic 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
- ▼ -259.83%
- Current HPI
- 239.8705
- Rent YoY
- ▲ 2.59%
- 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
+217.8% since first listed17 events — show timeline
- 2026-04-07 Listed $199,900 Greater Alabama MLS
- 2026-01-25 Rental Removed $1,523 RENTLY
- 2026-01-16 Price Changed $1,523 RENTLY
- 2026-01-13 Price Changed $1,623 RENTLY
- 2025-12-16 Listed for Rent $1,495 RENTLY
- 2022-01-21 Price Changed $1,300 RENT.
- 2019-05-08 Sold (Public Records) $131,000 Public Records
- 2019-05-07 Sold (MLS) $131,000 Greater Alabama MLS
- 2019-04-30 Delisted — Greater Alabama MLS
- 2019-04-09 Contingent — Greater Alabama MLS
- 2019-04-02 Price Changed $135,900 Greater Alabama MLS
- 2019-03-22 Listed $139,900 Greater Alabama MLS
- 2017-02-09 Sold (Public Records) $234,000 Public Records
- 2009-05-29 Sold (Public Records) $108,000 Public Records
- 2005-04-11 Sold (Public Records) $103,500 Public Records
- 1994-09-30 Sold (Public Records) $81,500 Public Records
- 1985-11-27 Sold (Public Records) $62,900 Public Records
Property tax history
+13.1%/yrLatest (2025): $2,914 · +7.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…