181 Cambrian Way #181 · Hoover, AL 35242

$190,000

2 bd · 2.5 ba · 1,560 sqft · Condo · 576 Days on market

Built 1975

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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 +7.5/15.0
• Cash flow +6.1/30.0
• Schools +5.0/10.0
• Livability +4.2/5.0
• 1% rule +3.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• DSCR +0.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

Key facts

• Built 1975
• Listed 575 days

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath condo listed at $190k.

Deal economics

• At list price, monthly cash flow is $-357 ($-4k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (10.9% below list).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
• Cap rate 4.0% 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 flat; 399 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 987 units permitted in Shelby County in 2024 (0 in 5+ unit buildings).
• This rent is only 17% of the median local income ($117k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
• 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 576 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y ago; this cycle's ask has dropped $35k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $110k; list at $190k implies a 73% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• 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.

Recommended offer $167,200 (12.0% 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 576 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.89% ✗
• Cap rate: 4.04%
• Cash-on-cash: -8.06%
• DSCR: 0.64
• GRM: 9.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.81% rent growth · sell at horizon

5-year hold

• IRR: -33.7%
• Equity multiple: -0.07×
• Total profit: $-56,933
• Equity at exit: $28,330

10-year hold

• IRR: -63.6%
• Equity multiple: -0.73×
• Total profit: $-92,158
• Equity at exit: $16,428

Cash invested: $53,200 (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 35242

• Home prices YoY: -32.7%
• Rents YoY: 0.8%
• Active inventory: 399
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,693 high
• Mortgage (P&I): −$996
• Tax est. 1.5%: −$238 /mo · $2,850/yr
• Insurance: −$79
• HOA est. from 1 same-building comp: −$382
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $-357

Break-even live

Break-even rent $2,146

Max offer price $138,306

Occupancy floor —

Sensitivity live

Price	-10% $-226	-5% $-292	+0% $-357	+5% $-423	+10% $-489
Rent	-10% $-491	-5% $-424	+0% $-357	+5% $-290	+10% $-223
Rate	-1.0pp $-262	-0.5pp $-309	base $-357	+0.5pp $-406	+1.0pp $-457

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
325 Heath Dr Birmingham, AL	2.0	3.0	1560	$1,590	$1.02	22d	1	0.11mi
1543 Inverness Cove Ln Hoover, AL	3.0	2.5	1668	$2,150	$1.29	4d	1	0.30mi
1214 Inverness Cove Way Hoover, AL	3.0	2.0	1682	$2,100	$1.25	24d	1	0.40mi
1 Lake Heather Reserve Birmingham, AL	1.0–3.0	1.0–2.0	1119	$1,684	$1.50	2d	16	0.62mi
100 Inverness Ln Birmingham, AL	1.0–3.0	1.0–2.0	1175	$1,208	$1.03	2d	1	0.63mi
2801 Riverview Rd Birmingham, AL	1.0–3.0	1.0–2.0	1162	$1,614	$1.39	2d	7	1.40mi
6232 Sioux Ln Birmingham, AL	3.0	2.5	2010	$2,400	$1.19	11d	1	1.41mi
5050 Cahaba River Rd Unit 4-307 Vestavia Hills, AL	2.0	2.0	1180	$3,295	$2.79	2d	1	1.45mi
3394 N Broken Bow Dr Birmingham, AL	3.0	2.5	1604	$2,150	$1.34	44d	1	1.50mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: watersewertrashlandscapinginsurance
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-04-05
   status Active 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

2. 2026-03-31
   historical 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

3. 2025-07-09
   price $190,000 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

4. 2025-03-05
   price $211,900 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

5. 2024-11-25
   price $219,900 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

6. 2024-10-25
   listed $224,900 Active 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

7. 2024-10-16
   historical $224,900 864-char remark

   Show marketing remark (864 chars)

   Cambrian Wood in Inverness is the setting for this 2BR, 2.5BA, 1560 +/- SF condominium that overlooks the beautiful 18th green at Inverness Golf and Country Club. The main level includes the family room with a wood burning, stone fireplace, a separate dining room, kitchen and half bath. A private deck off the family room overlooks the golf course and is perfect for relaxing or entertaining. The kitchen has an eating nook, laundry area and a pantry. Upstairs is the master suite along with another spacious bedroom. Both bedrooms have golf course views and both have plenty of closet and storage space. The bathrooms have tub/shower combinations. Your monthly fees include water, termite, garbage, sewer, exterior building and grounds maintenance and building insurance. Bring your decorating and updating ideas and make this your own special piece of paradise!

8. 2017-03-10
   soldstatus $109,900 Sold 918-char remark

   Show marketing remark (918 chars)

   THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

9. 2017-02-15
   historical 918-char remark

   Show marketing remark (918 chars)

   THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

10. 2016-12-01
    price $109,900 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

11. 2016-08-30
    price $115,900 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

12. 2016-08-16
    status Active 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

13. 2016-08-10
    historical Contingent 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

14. 2016-05-06
    price $119,900 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

15. 2016-04-28
    price $120,900 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

16. 2016-03-21
    price $124,900 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

17. 2016-02-15
    listed $128,900 Active 918-char remark

    Show marketing remark (918 chars)

    THE BEST condo living in Birmingham. The BEST view of the 18th hole on award winning Inverness Country Club Golf Course. The MOST PRIVATE condo complex with lots of trees all around. Units are staggered so allow maximum privacy in back. Double deck to enjoy grilling, sunning or soaking in nature. WALK TO COUNTRY CLUB. Inverness is a planned community with beautiful rolling hills, mature trees, walking trails and just seconds to shopping. AWARD WINNING OAK MOUNTAIN school system. LARGE rooms. MOVE IN condition. LARGE den with stone fireplace. Large dining room. ROW OF GLASS doors across the back of this unit allows lots of natural light to stream in. Kitchen with unique breakfast bar. Attic storage. Lots of closets. Maintenance fee includes, sewer/water/trash pick up, building maintenance & repair, building insurance, landscaping, management. Owner would consider a one year lease at $1,295 per month.

ⓘ 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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°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 5 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,321
• − Mortgage interest: −$10,643
• − Property taxes: −$2,850
• − Insurance: −$950
• − Repairs & maintenance: −$1,626
• − Management: −$1,626
• − HOA: −$4,584
• − Depreciation: −$5,527
• Taxable loss: −$7,485
• Est. tax savings @ 24.0%: +$1,796
• After-tax cash flow: $-2,491/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Shelby County · 188,970 people
• City population: 76,805
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 57,374
• Household income: $117,047
• Rent vs Own: 26.8% rent · 73.2% own
• Severe rent burden: 1518.0

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 (78%)
• Race & ethnicity: White 78% Black 10% Two or more races 4% Asian 4% Hispanic / Latino 4%
• Common ancestry: Slovak 4% Lithuanian 3% Italian 2%
• Foreign-born: 6% · Canada, China, Vietnam
• Languages at home: 93% English-only · Spanish 3% Other Indo-European 1% Chinese 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: ▼ -101.14%
• Current HPI: 208.0564
• Rent YoY: ▲ 0.81%
• 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

+47.4% since first listed

17 events — show timeline

• 2026-04-05 Relisted — Greater Alabama MLS
• 2026-03-31 Delisted — Greater Alabama MLS
• 2025-07-09 Price Changed $190,000 Greater Alabama MLS
• 2025-03-05 Price Changed $211,900 Greater Alabama MLS
• 2024-11-25 Price Changed $219,900 Greater Alabama MLS
• 2024-10-25 Listed $224,900 Greater Alabama MLS
• 2024-10-16 Coming Soon $224,900 Greater Alabama MLS
• 2017-03-10 Sold (MLS) $109,900 Greater Alabama MLS
• 2017-02-15 Delisted — Greater Alabama MLS
• 2016-12-01 Price Changed $109,900 Greater Alabama MLS
• 2016-08-30 Price Changed $115,900 Greater Alabama MLS
• 2016-08-16 Relisted — Greater Alabama MLS
• 2016-08-10 Contingent — Greater Alabama MLS
• 2016-05-06 Price Changed $119,900 Greater Alabama MLS
• 2016-04-28 Price Changed $120,900 Greater Alabama MLS
• 2016-03-21 Price Changed $124,900 Greater Alabama MLS
• 2016-02-15 Listed $128,900 Greater Alabama MLS