235 Hebb Rd · Wilsonville, AL 35186

$159,000

3 bd · 1.0 ba · 2,234 sqft · SingleFamily public records · 8 Days on market

Built 1911 0.85 ac lot

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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 +22.4/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.8/10.0
• Schools +3.9/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Step into a home where classic charm meets everyday comfort. This 3-bedroom, 2-bath property offers generous living spaces designed for both relaxation and entertaining. The spacious kitchen provides plenty of room to gather, while the separate dining area is perfect for hosting meals and special occasions. A cozy living room creates a welcoming place to unwind, and high ceilings throughout add to the home’s open, airy character. Out front, a picturesque porch with beautiful brick archways sets the tone, offering a unique and inviting space to enjoy quiet mornings or evening conversations. The backyard is fully fenced, giving you privacy and room to roam, play, or garden. An in-ground

Key facts

• Cozy living room
• Picturesque porch
• Spacious kitchen

Tags

• SPACIOUS KITCHEN
• SEPARATE DINING AREA
• COZY LIVING ROOM
• HIGH CEILINGS
• PICTURESQUE PORCH
• BEAUTIFUL BRICK ARCHWAYS

Property features AI

Finance

• Other: Approximately 0.85 acres

Exterior

• Parking: Off-street parking
• Utilities: Public water; Septic sewer; Electric water heater; Internet availability unknown
• Home design: Existing construction; One side brick exterior
• Construction: Crawl space foundation
• Exterior features: Covered deck; No pool; No patio; No garden/patio; Not waterfront

Interior

• Kitchen: Laminate and solid surface countertops
• Bedrooms: Three bedrooms on the main level
• Flooring: Hardwood; Hardwood laminate
• Bathrooms: Two full bathrooms; Separate shower
• Heating & cooling: Electric heating; Electric cooling
• Interior features: 9 ft. + ceilings; Attic (yes); No additional interior features listed
• Laundry & utility: Main-level laundry room; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $264 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).

Location & tenants

• Location reads 73/100 on livability (#25 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute 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: Wilsonville Elementary School (math 37% / reading 57%, grade D-, #142 of 627 statewide, top 25%, 213 students, 56% FRL); Shelby County High School (math 27% / reading 32%, grade F, #70 of 305 statewide, top 27%, 584 students, 60% FRL) — zoned schools average 58% FRL vs 26% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 52 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $5k 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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $108k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1911 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 50% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,000

Questions for the listing agent

1. Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 8.28%
• Cash-on-cash: 7.10%
• DSCR: 1.32
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $471,374
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9400 S Main St	0.25mi	4/2.5 (+1)	2,125 (-5%)	12mo	$385,000	$181	59
234 Mcgowan Rd	0.48mi	3/2.5	2,176 (-3%)	19mo	$460,000	$211	52

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: -5.4%
• Equity multiple: 0.80×
• Total profit: $-8,957
• Equity at exit: $23,707

10-year hold

• IRR: 4.3%
• Equity multiple: 1.31×
• Total profit: $13,899
• Equity at exit: $13,747

Cash invested: $44,520 (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 35186

• Home prices YoY: -11.9%
• Active inventory: 52
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,713 medium
• Mortgage (P&I): −$834
• Tax from tax record: −$190 /mo · $2,279/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $264

Break-even live

Break-even rent $1,380

Max offer price $159,000

Occupancy floor 80%

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-06-18
   days on market $159,000 Active 8 DOM
2. 2026-06-17
   days on market $159,000 Active 7 DOM
3. 2026-06-16
   days on market $159,000 Active 6 DOM
4. 2026-06-15
   days on market $159,000 Active 5 DOM
5. 2026-06-13
   days on market $159,000 Active 3 DOM
6. 2026-06-13
   remarks 693-char remark
7. 2026-06-13
   listed $159,000 Active 2 DOM

ⓘ 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: $2,279 · $190/mo
• Projected year-2 tax: $2,279 · $190/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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 50% 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: $20,561
• − Mortgage interest: −$8,906
• − Property taxes: −$2,279
• − Insurance: −$795
• − Repairs & maintenance: −$1,645
• − Management: −$1,645
• − Depreciation: −$4,625
• Taxable income: $665
• Est. tax owed @ 24.0%: −$160
• After-tax cash flow: $3,003/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: 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

Livability — Wilsonville

• Score: 73/100
• State rank: #25
• US rank: #5345

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wilsonville, AL
• Population (ZIP): 5,121

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 6% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 3% Lithuanian 1% Romanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

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: ▼ -30.50%
• Current HPI: 225.3368
• Rent YoY: —
• Metro: —
• 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

+51.4% since first listed

9 events — show timeline

• 2026-05-02 Listed $159,000 Greater Alabama MLS
• 2026-02-12 Price Changed $179,000 Greater Alabama MLS
• 2025-07-25 Price Changed $199,000 Walker County Area MLS
• 2025-07-25 Price Changed $199,000 Greater Alabama MLS
• 2025-06-19 Price Changed $219,000 Greater Alabama MLS
• 2025-06-19 Price Changed $219,000 Walker County Area MLS
• 2018-12-18 Sold (Public Records) $108,000 Public Records
• 2017-10-18 Price Changed $88,000 Greater Alabama MLS
• 2017-07-12 Price Changed $105,000 Greater Alabama MLS

Property tax history

+21.8%/yr

Latest (2025): $2,279 · +2.2% YoY. Source: county tax records.