394 Shiloh Creek Dr · Calera, AL 35040

$261,796

3 bd · 2.0 ba · 1,391 sqft · SingleFamily · 280 Days on market

Built 2025 Good condition $188/sqft · 6% below area Est $277k · 6% under

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Why this score? — see what drove the F 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 +10.0/15.0
• Cash flow +6.7/30.0
• Condition / age +3.8/5.0
• Rent growth +3.4/5.0
• Livability +3.0/5.0
• Schools +2.7/10.0
• 1% rule +1.8/10.0
• DSCR +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

Key facts

• Open concept kitchen
• Private en-suite
• Large island

Tags

• FRONT ENTRY GARAGE
• OPEN CONCEPT KITCHEN
• LARGE ISLAND
• FLOOR TO CEILING WINDOWS
• PRIVATE EN-SUITE
• WALK IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $262k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-413 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $202k (22.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (32.5% below list).
• Recommended offer: $177k (32.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#325 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F, health & safety F.
• Shelby County (suburban): math 30% / reading 58% proficiency, ranked #16 of 129 in AL (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Calera Intermediate School (math 22% / reading 46%, grade F, #311 of 627 statewide, top 50%, 766 students, 68% FRL); Calera Middle (math 9% / reading 45%, grade F, #147 of 257 statewide, top 58%, 755 students, 61% FRL); Calera High (math 18% / reading 21%, grade F, #169 of 305 statewide, top 59%, 1,066 students, 59% FRL) — zoned schools average 63% FRL vs 26% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 44% district-wide (-17 pts) — the specific schools serving this property underperform the Shelby County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.7%/yr); 427 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 51d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 88% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 987 units permitted in Shelby County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Shelby County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 280 days — a 12% lower offer ($230k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: major wind risk, 55% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,714 (32.5% 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 280 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.68% ✗
• Cap rate: 4.40%
• Cash-on-cash: -6.76%
• DSCR: 0.70
• GRM: 12.3

CMA / ARV

• ARV (median comp): $277,287
• List price: $261,796
• Delta: -5.59%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
350 Shiloh Creek Dr	0.00mi	3/2.0	1,395 (+0%)	4mo	$264,000	$189	96
00373 Shiloh Creek Dr	0.18mi	3/2.0	1,391 (0%)	4mo	$260,000	$187	88
00365 Shiloh Creek Dr	0.16mi	3/2.0	1,391 (0%)	9mo	$272,809	$196	85
00342 Shiloh Creek Dr	0.06mi	3/2.0	1,448 (+4%)	8mo	$259,900	$179	84
140 Ridgecrest Rd	0.26mi	3/2.0	1,346 (-3%)	1mo	$224,000	$166	82
201 Bonnieville Dr	0.22mi	3/2.0	1,348 (-3%)	3mo	$233,000	$173	82
145 Cattail Ln	0.30mi	3/2.0	1,498 (+8%)	2mo	$219,900	$147	71
354 Shiloh Creek Dr	0.06mi	4/2.5 (+1)	1,535 (+10%)	3mo	$306,987	$200	71
117 Ridgecrest Rd	0.31mi	3/2.0	1,256 (-10%)	2mo	$159,600	$127	68
229 Saratoga Ln	0.37mi	3/2.0	1,279 (-8%)	4mo	$199,900	$156	66
113 Ridgecrest Rd	0.32mi	3/2.0	1,266 (-9%)	8mo	$208,000	$164	63
144 Enclave Ave	0.73mi	3/2.0	1,224 (-12%)	2mo	$197,000	$161	44

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 · 3.67% rent growth · sell at horizon

5-year hold

• IRR: -27.3%
• Equity multiple: 0.08×
• Total profit: $-67,512
• Equity at exit: $39,035

10-year hold

• IRR: -23.0%
• Equity multiple: -0.19×
• Total profit: $-87,576
• Equity at exit: $22,635

Cash invested: $73,303 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 44 active · 8 under contract
• Months of supply: 20.3 mo (5%/mo absorbed)
• Median asking: $271,344 ($187/sqft)
• Median days on market: 266 d
• This list price: 41% of active listings are priced below it
• ARV vs active asking: +6.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 35040

• Home prices YoY: -16.5%
• Rents YoY: 3.7%
• Active inventory: 427
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $1,767 high
• Mortgage (P&I): −$1,373
• Tax est. 1.5%: −$327 /mo · $3,927/yr
• Insurance: −$109
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $-413

Break-even live

Break-even rent $2,290

Max offer price $202,009

Occupancy floor —

Sensitivity live

Price	-10% $-232	-5% $-323	+0% $-413	+5% $-504	+10% $-594
Rent	-10% $-553	-5% $-483	+0% $-413	+5% $-343	+10% $-274
Rate	-1.0pp $-281	-0.5pp $-347	base $-413	+0.5pp $-481	+1.0pp $-550

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: $65,449
• Closing costs: $7,854
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
188 Creek Run Way Calera, AL	3.0	2.5	1858	$1,595	$0.86	51d	1	0.04mi
248 Creek Run Way Calera, AL	3.0	2.5	1858	$1,595	$0.86	72d	1	0.04mi
252 Creek Run Way Calera, AL	3.0	2.5	1858	$1,695	$0.91	30d	1	0.05mi
172 Creek Run Way Calera, AL	3.0	2.5	1858	$1,600	$0.86	15d	1	0.06mi
116 Brookside Way Calera, AL	3.0	2.0	1801	$1,695	$0.94	93d	1	0.23mi
148 Enclave Ave Calera, AL	3.0	2.0	1340	$4,150	$3.10	51d	1	0.75mi
100 Enclave Ave Calera, AL	3.0	2.0	1247	$1,585	$1.27	68d	1	0.86mi
34 Dunwar Dr Calera, AL	3.0	2.0	1765	$1,731	$0.98	46d	1	1.18mi

Listing history 38 events

1. 2026-08-08
   days on market $261,796 Active 280 DOM
2. 2026-08-07
   days on market $261,796 Active 279 DOM
3. 2026-08-06
   days on market $261,796 Active 278 DOM
4. 2026-08-05
   days on market $261,796 Active 277 DOM
5. 2026-08-04
   days on market $261,796 Active 276 DOM
6. 2026-08-03
   days on market $261,796 Active 275 DOM
7. 2026-07-31
   days on market $261,796 Active 272 DOM
8. 2026-07-30
   days on market $261,796 Active 271 DOM
9. 2026-07-30
   days on market $261,796 Active 270 DOM
10. 2026-07-28
    days on market $261,796 Active 269 DOM
11. 2026-07-24
    days on market $261,796 Active 265 DOM
12. 2026-07-23
    days on market $261,796 Active 264 DOM
13. 2026-07-22
    days on market $261,796 Active 263 DOM
14. 2026-07-21
    days on market $261,796 Active 262 DOM
15. 2026-07-20
    days on market $261,796 Active 261 DOM
16. 2026-07-19
    days on market $261,796 Active 259 DOM
17. 2026-07-18
    days on market $261,796 Active 258 DOM
18. 2026-07-16
    days on market $261,796 Active 257 DOM
19. 2026-07-15
    days on market $261,796 Active 256 DOM
20. 2026-07-14
    days on market $261,796 Active 255 DOM
21. 2026-07-13
    days on market $261,796 Active 254 DOM
22. 2026-06-10
    days on market $261,796 Active 252 DOM
23. 2026-06-09
    days on market $261,796 Active 251 DOM
24. 2026-06-08
    days on market $261,796 Active 250 DOM
25. 2026-06-07
    days on market $261,796 Active 249 DOM
26. 2026-06-05
    days on market $261,796 Active 246 DOM
27. 2026-06-03
    days on market $261,796 Active 245 DOM
28. 2026-06-02
    days on market $261,796 Active 244 DOM
29. 2026-06-01
    days on market $261,796 Active 243 DOM
30. 2026-05-31
    days on market $261,796 Active 242 DOM
31. 2026-03-27
    price $261,796 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

32. 2025-12-27
    price $261,671 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

33. 2025-10-31
    status Active 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

34. 2025-10-29
    historical 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

35. 2025-10-16
    price $261,539 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

36. 2025-10-16
    price $261,379 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

37. 2025-10-16
    price $261,539 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

38. 2025-09-30
    listed $261,379 Active 711-char remark

    Show marketing remark (711 chars)

    The Toby C is a beautiful 3 bedroom, 2 bathroom, 1391 square foot home with a front entry single car garage. The entry way opens up into a foyer that leads on one side to the two guest bedrooms with a shared full bathroom, and on the other side into the open concept kitchen, living, and dining areas. The kitchen features a large island with plenty of cabinet space. Just off of the kitchen is the laundry room, which leads into the front entry garage. The kitchen flows into the living area that features floor to ceiling windows and access to the backyard. The primary suite sits at the back of the home and features a private en-suite with a large walk in closet and private tub/shower with a single vanity.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 55% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,206
• − Mortgage interest: −$14,665
• − Property taxes: −$3,927
• − Insurance: −$1,309
• − Repairs & maintenance: −$1,696
• − Management: −$1,696
• − Depreciation: −$7,616
• Taxable loss: −$9,704
• Est. tax savings @ 24.0%: +$2,329
• After-tax cash flow: $-2,629/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 · 3 photos

Good 75/100 Cosmetic rehab Est. rehab $6,955–$20,865 screening

This Toby C model home is in good condition with a good curb appeal and fresh paint. Minor updates to exterior trim and gutters would significantly enhance its resale and rental value.

Value-add opportunities

• Both Paint exterior trim and siding — Enhances curb appeal and value ↑
• Both Replace gutters — Prevents water damage and improves aesthetics ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 27/100

Zoned Schools

Elementary Calera Intermediate School F AL #311/627 Nat'l #24,299/41,679 Middle Calera Middle F AL #147/257 Nat'l #9,793/14,009 High Calera High F AL #169/305 Nat'l #14,491/17,239

Schools (NCES district)

• District: Shelby County
• NCES district ID: 0103030
• Math proficiency: 30% ▼ -28.00%
• Reading proficiency: 58% ▲ 2.00%
• Median HH income: $66,672
• Composite: 39.29/100
• National rank: #3995
• State rank: #16 of 129 in AL

D Composite livability gradescore 59/100

Livability — Calera

• Score: 59/100
• State rank: #325
• US rank: #19917

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Calera, AL
• County: Shelby County · 237,024 people
• City population: 19,304
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 19,304
• Household income: $84,554
• Rent vs Own: 21.1% rent · 78.9% own
• Severe rent burden: 6% of renters

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Population outlook (Shelby County) Hauer SSP2

• Today (2025): 237,024 people
• By 2030: 249,868 · +5.4%
• By 2040: 272,778 · +15.1%
• By 2050: 291,062 · +22.8%
• By 2075: 326,049 · +37.6%
• By 2100: 335,870 · +41.7%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 59% Black 30% Hispanic / Latino 9% Two or more races 3%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 3% Italian 1% Serbian 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 91% English-only · Spanish 6% Arabic 1% Chinese 1%

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Political lean MEDSL · Shelby

• 2024 margin: Solid R (+40.9) · D 29.0% · R 69.9% · Other 1.1%
• 2008→2024 swing: +12.6pp toward D · 2008: -53.4pp · 2024: -40.9pp
• All cycles: 2024: R+40.9 2020: R+40.4 2016: R+50.3 2012: R+55.6 2008: R+53.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -43.58%
• Current HPI: 220.2843
• Rent YoY: ▲ 3.67%
• Metro: Birmingham-Hoover, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

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Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+0.2% since first listed

8 events — show timeline

• 2026-03-27 Price Changed $261,796 Zillow
• 2025-12-27 Price Changed $261,671 Zillow
• 2025-10-31 Relisted — Zillow
• 2025-10-29 Delisted — Zillow
• 2025-10-16 Price Changed $261,539 Zillow
• 2025-10-16 Price Changed $261,379 Zillow
• 2025-10-16 Price Changed $261,539 Zillow
• 2025-09-30 Listed $261,379 Zillow