374 Shiloh Creek Dr · Calera, AL 35040

$266,935

3 bd · 2.0 ba · 1,391 sqft · SingleFamily · 158 Days on market

Built 2026 Good condition 6,534 sqft lot $192/sqft · at area comps Est $273k · at est. $25/mo HOA · 2% of rent

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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 +8.5/15.0
• Cash flow +5.3/30.0
• Condition / age +4.0/5.0
• Rent growth +3.4/5.0
• Livability +3.0/5.0
• Schools +2.7/10.0
• 1% rule +1.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

COME DESIGN THIS HOME INTERIOR WHILE THERE'S STILL TIME! Welcome to The Cove at Shiloh Creek, a future 150+ homes community, where you can purchase a brand new & completely move in-ready home; or you can pick your favorite lot and custom build a one-of-a-kind Holland Home! Buyer's can receive 5.25% of the sales price of the home for closing costs, rate buydown, upgrades, etc. w/ use of a preferred lender! With our 3 & 4 bed floorplans and endless array of colors & options, we have something for everyone here. Our model home is open to the public Tue-Sat or by appointment only for times outside of normal hours. Photos are stock pictures of this 3 bed, 2 bath "Toby B" floorplan home. Located 5 miles from Publix, Super Walmart, Wendy's, Zaxby's, Taco Bell, Arby's, McDonald's, Milo's, and so much more, Calera is the place to call your new home. Our on-site Agent is ready to assist you in your home shopping needs!

Key facts

• 6,534 sq ft lot
• Garage
• Built 2026

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $267k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-595 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $181k (32.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (39.6% below list).
• Recommended offer: $161k (39.6% 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); 506 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 42% 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 158 days — a 12% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 3 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.

Recommended offer $161,301 (39.6% 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 158 days. Have you received any prior offers? Is the seller open to a 40% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.60% ✗
• Cap rate: 3.62%
• Cash-on-cash: -9.56%
• DSCR: 0.57
• GRM: 13.8

CMA / ARV

• ARV (median comp): $273,170
• List price: $266,935
• Delta: -2.28%
• 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
00373 Shiloh Creek Dr	0.03mi	3/2.0	1,391 (0%)	7mo	$260,000	$187	93
350 Shiloh Creek Dr	0.17mi	3/2.0	1,395 (+0%)	7mo	$264,000	$189	86
201 Bonnieville Dr	0.37mi	3/2.0	1,348 (-3%)	6mo	$233,000	$173	72
140 Ridgecrest Rd	0.41mi	3/2.0	1,346 (-3%)	4mo	$224,000	$166	72
145 Cattail Ln	0.46mi	3/2.0	1,498 (+8%)	5mo	$219,900	$147	61
354 Shiloh Creek Dr	0.23mi	4/2.5 (+1)	1,535 (+10%)	6mo	$306,987	$200	60
117 Ridgecrest Rd	0.47mi	3/2.0	1,256 (-10%)	5mo	$159,600	$127	58
229 Saratoga Ln	0.49mi	3/2.0	1,279 (-8%)	7mo	$199,900	$156	58
119 Creek Run Way	0.35mi	3/2.0	1,189 (-14%)	2mo	$186,000	$156	58
211 Saratoga Ln	0.52mi	3/2.0	1,250 (-10%)	2mo	$213,000	$170	57
113 Ridgecrest Rd	0.48mi	3/2.0	1,266 (-9%)	11mo	$208,000	$164	53
124 Cattail Ln	0.50mi	2/2.0 (-1)	1,225 (-12%)	2mo	$180,350	$147	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 · 3.67% rent growth · sell at horizon

5-year hold

• IRR: -32.6%
• Equity multiple: -0.07×
• Total profit: $-80,045
• Equity at exit: $39,801

10-year hold

• IRR: -34.9%
• Equity multiple: -0.52×
• Total profit: $-113,821
• Equity at exit: $23,080

Cash invested: $74,742 (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: 42 active · 16 under contract
• Months of supply: 18.0 mo (6%/mo absorbed)
• Median asking: $272,232 ($188/sqft)
• Median days on market: 248 d
• This list price: 40% of active listings are priced below it
• ARV vs active asking: +4.7% 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: 506
• Price-to-rent: 13.8×

Monthly cashflow live

• Estimated rent: $1,613 high
• Mortgage (P&I): −$1,400
• Tax est. 1.5%: −$334 /mo · $4,004/yr
• Insurance: −$111
• HOA: −$25
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $-595

Break-even live

Break-even rent $2,367

Max offer price $180,772

Occupancy floor —

Sensitivity live

Price	-10% $-411	-5% $-503	+0% $-595	+5% $-688	+10% $-780
Rent	-10% $-723	-5% $-659	+0% $-595	+5% $-532	+10% $-468
Rate	-1.0pp $-461	-0.5pp $-528	base $-595	+0.5pp $-665	+1.0pp $-735

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: $66,734
• Closing costs: $8,008
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
255 Creek Run Way Calera, AL	3.0	2.5	1858	$1,395	$0.75	0d	1	0.12mi
252 Creek Run Way Calera, AL	3.0	2.5	1858	$1,695	$0.91	122d	1	0.12mi
248 Creek Run Way Calera, AL	3.0	2.5	1858	$1,595	$0.86	164d	1	0.13mi
240 Creek Run Way Calera, AL	3.0	2.5	1858	$1,395	$0.75	0d	1	0.15mi
224 Creek Run Way Calera, AL	3.0	2.5	1858	$1,395	$0.75	0d	1	0.17mi
223 Creek Run Way Calera, AL	3.0	2.5	1858	$1,395	$0.75	0d	1	0.17mi
208 Creek Run Way Calera, AL	3.0	2.5	1858	$1,395	$0.75	0d	1	0.19mi
188 Creek Run Way Calera, AL	3.0	2.5	1858	$1,595	$0.86	143d	1	0.22mi
172 Creek Run Way Calera, AL	3.0	2.5	1858	$1,600	$0.86	107d	1	0.24mi
116 Brookside Way Calera, AL	3.0	2.0	1801	$1,695	$0.94	184d	1	0.39mi
154 Shiloh Creek Dr Calera, AL	4.0	2.0	1660	$1,795	$1.08	0d	1	0.45mi
198 Winners Cir Calera, AL	2.0	2.0	1224	$1,215	$0.99	0d	1	0.46mi
181 Winners Cir Calera, AL	2.0	2.0	1224	$1,215	$0.99	0d	1	0.50mi
148 Enclave Ave Calera, AL	3.0	2.0	1340	$4,150	$3.10	142d	1	0.84mi
601 Enclave Ln Calera, AL	3.0	2.0	1292	$1,611	$1.25	22d	1	0.92mi
100 Enclave Ave Calera, AL	3.0	2.0	1247	$1,585	$1.27	160d	1	0.93mi
1850 21st Ave Calera, AL	2.0	1.0	1208	$1,050	$0.87	2d	1	0.98mi
1840 21st Ave Unit Main Calera, AL	4.0	2.0	1592	$1,475	$0.93	7d	1	0.98mi
34 Dunwar Dr Calera, AL	3.0	2.0	1765	$1,731	$0.98	138d	1	1.04mi

Listing history 50 events

1. 2026-11-08
   days on market $266,935 Active 158 DOM
2. 2026-11-07
   days on market $266,935 Active 157 DOM
3. 2026-11-06
   days on market $266,935 Active 156 DOM
4. 2026-11-05
   days on market $266,935 Active 155 DOM
5. 2026-11-04
   days on market $266,935 Active 154 DOM
6. 2026-11-02
   days on market $266,935 Active 152 DOM
7. 2026-11-01
   days on market $266,935 Active 151 DOM
8. 2026-10-31
   days on market $266,935 Active 150 DOM
9. 2026-10-30
   days on market $266,935 Active 149 DOM
10. 2026-10-30
    price $266,935 Active 148 DOM
11. 2026-10-29
    days on market $266,945 Active 148 DOM
12. 2026-10-28
    days on market $266,945 Active 147 DOM
13. 2026-10-27
    days on market $266,945 Active 146 DOM
14. 2026-10-26
    days on market $266,945 Active 145 DOM
15. 2026-10-25
    days on market $266,945 Active 144 DOM
16. 2026-10-24
    days on market $266,945 Active 143 DOM
17. 2026-10-23
    days on market $266,945 Active 142 DOM
18. 2026-10-22
    days on market $266,945 Active 141 DOM
19. 2026-10-21
    days on market $266,945 Active 140 DOM
20. 2026-10-20
    days on market $266,945 Active 139 DOM
21. 2026-10-19
    days on market $266,945 Active 138 DOM
22. 2026-10-18
    days on market $266,945 Active 137 DOM
23. 2026-10-17
    days on market $266,945 Active 136 DOM
24. 2026-10-16
    days on market $266,945 Active 135 DOM
25. 2026-10-15
    days on market $266,945 Active 134 DOM
26. 2026-10-14
    days on market $266,945 Active 133 DOM
27. 2026-10-13
    days on market $266,945 Active 132 DOM
28. 2026-10-12
    days on market $266,945 Active 131 DOM
29. 2026-10-11
    days on market $266,945 Active 130 DOM
30. 2026-10-10
    days on market $266,945 Active 129 DOM
31. 2026-10-09
    days on market $266,945 Active 128 DOM
32. 2026-10-08
    pricedays on market $266,945 Active 127 DOM
33. 2026-10-07
    days on market $266,955 Active 126 DOM
34. 2026-10-06
    days on market $266,955 Active 125 DOM
35. 2026-10-05
    days on market $266,955 Active 124 DOM
36. 2026-10-04
    days on market $266,955 Active 123 DOM
37. 2026-10-04
    days on market $266,955 Active 122 DOM
38. 2026-10-02
    days on market $266,955 Active 121 DOM
39. 2026-10-01
    days on market $266,955 Active 120 DOM
40. 2026-09-30
    days on market $266,955 Active 119 DOM
41. 2026-09-29
    days on market $266,955 Active 118 DOM
42. 2026-09-28
    days on market $266,955 Active 117 DOM
43. 2026-09-27
    days on market $266,955 Active 116 DOM
44. 2026-09-25
    days on market $266,955 Active 114 DOM
45. 2026-09-24
    days on market $266,955 Active 113 DOM
46. 2026-09-23
    days on market $266,955 Active 112 DOM
47. 2026-09-22
    days on market $266,955 Active 111 DOM
48. 2026-09-21
    days on market $266,955 Active 110 DOM
49. 2026-09-20
    days on market $266,955 Active 109 DOM
50. 2026-09-19
    days on market $266,955 Active 108 DOM

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

Taxation est. · year 1

• Rental income: $19,356
• − Mortgage interest: −$14,953
• − Property taxes: −$4,004
• − Insurance: −$1,335
• − Repairs & maintenance: −$1,548
• − Management: −$1,548
• − HOA: −$300
• − Depreciation: −$7,765
• Taxable loss: −$12,097
• Est. tax savings @ 24.0%: +$2,903
• After-tax cash flow: $-4,242/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 · 12 photos

Good 80/100 None rehab

This move-in-ready home is in excellent condition with no visible repairs needed. It offers a good ROI with updates that can further enhance its resale and rental value.

Value-add opportunities

• Resale Painting exterior siding — Enhances curb appeal and value. ↑
• Resale Landscaping improvements — Enhances curb appeal and value. ↑
• Resale Kitchen backsplash — Modernizes the kitchen and adds value. ↑
• Resale Bathroom vanity and hardware — Modernizes the bathroom and adds value. ↑
• Resale Flooring in bedrooms — Modernizes the bedrooms and adds value. ↑
• Resale Lighting fixtures throughout — Modernizes the home and adds value. ↑
• Rental Landscaping and irrigation system — Enhances curb appeal and attracts tenants. ↑
• Resale Landscaping and irrigation system — Enhances curb appeal and attracts buyers. ↑
• Both Landscaping and irrigation system — Enhances curb appeal and attracts both tenants and buyers. ↑

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%
• 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

+2.7% since first listed

26 events — show timeline

• 2026-05-18 Price Changed $266,964 Greater Alabama MLS
• 2026-04-30 Price Changed $266,966 Greater Alabama MLS
• 2026-04-25 Price Changed $266,968 Greater Alabama MLS
• 2026-04-10 Price Changed $266,969 Greater Alabama MLS
• 2026-04-04 Price Changed $266,970 Greater Alabama MLS
• 2026-03-20 Price Changed $266,971 Greater Alabama MLS
• 2026-03-13 Listed $266,972 Greater Alabama MLS
• 2026-03-06 Price Changed $266,965 Greater Alabama MLS
• 2026-02-27 Price Changed $266,966 Greater Alabama MLS
• 2026-02-21 Price Changed $266,967 Greater Alabama MLS
• 2026-02-12 Price Changed $266,968 Greater Alabama MLS
• 2026-02-05 Price Changed $266,969 Greater Alabama MLS
• 2026-01-30 Price Changed $266,970 Greater Alabama MLS
• 2026-01-24 Price Changed $266,972 Greater Alabama MLS
• 2026-01-23 Price Changed $266,970 Greater Alabama MLS
• 2026-01-10 Price Changed $266,971 Greater Alabama MLS
• 2025-12-24 Price Changed $266,966 Greater Alabama MLS
• 2025-12-17 Price Changed $266,967 Greater Alabama MLS
• 2025-12-12 Price Changed $266,968 Greater Alabama MLS
• 2025-11-28 Price Changed $266,969 Greater Alabama MLS
• 2025-11-14 Price Changed $266,970 Greater Alabama MLS
• 2025-10-31 Relisted — Zillow
• 2025-10-29 Delisted — Zillow
• 2025-10-28 Price Changed $266,971 Zillow
• 2025-10-16 Price Changed $260,218 Zillow
• 2025-09-30 Listed $260,059 Zillow