Kerry Plan · Hazel Green, AL 35750

$259,900

3 bd · 2.0 ba · 1,537 sqft · SingleFamily · 547 Days on market

↓ 4% since listing

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Why this score? — see what drove the D- 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +5.4/30.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

The Kerry is a spacious single-story home with 3 bedrooms and 2 bathrooms, offering 1,400 square feet of living space and a 2-car garage, perfect for families or those looking for extra room to grow. As you enter the home, you'll find a foyer that leads to two cozy bedrooms on the right, as well as the secondary bathroom. These rooms are ideal for kids, guests, or even a home office. Continuing through the home, the dining room opens up to the kitchen and living room, creating a warm, open-concept space that's perfect for hosting gatherings. The chef-inspired kitchen is equipped with a breakfast bar for additional seating, granite countertops, stainless steel appliances, and a pantry for ample storage. This seamlessly flows into the living area, making it easy to interact with family or guests while preparing meals. The living room also provides easy access to the backyard, where you can enjoy outdoor living, whether you're relaxing or entertaining. The primary bedroom is located at the back of the house for added privacy and features a spacious walk-in closet. The adjoining bathroom boasts a luxurious walk-in shower, two vanities, and quartz countertops. Like all D. R. Horton homes in Townsend Farms, the Kerry includes the Home is Connected smart home technology package, allowing you to control your home with your smart device, whether near or away. Pictures may be of a similar home and not necessarily of the subject property. Pictures are representational only. The Ker

Key facts

• 2 garage spots
• Listed 546 days

🏗️ New construction. The $259,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $283,133.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-617 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $194k (25.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (34.8% below list).
• Recommended offer: $170k (34.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#54 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment F.
• Madison County (rural): math 27% / reading 56% proficiency, ranked #19 of 129 in AL (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hazel Green Elementary School (math 23% / reading 58%, grade F, #238 of 627 statewide, top 38%, 738 students, 50% FRL); Moores Mill Intermediate School (math 42% / reading 66%, grade B-, #20 of 257 statewide, top 8%, 840 students, 46% FRL); Hazel Green High School (math 23% / reading 31%, grade F, #90 of 305 statewide, top 35%, 1,348 students, 42% FRL) — zoned schools average 46% FRL vs 29% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 260 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).

Forward outlook

• In year one you build about $30k of equity ($2k loan paydown + $28k appreciation (10.0% local appreciation)).
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$49k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 547 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago 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: moderate wind risk, 24% 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 $169,580 (34.8% 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 547 days. Have you received any prior offers? Is the seller open to a 35% 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. 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?
6. 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.
7. 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.
8. 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: 3.68%
• Cash-on-cash: -9.34%
• DSCR: 0.58
• GRM: 13.9

CMA / ARV

• ARV (median comp): $283,133
• List price: $259,900
• Delta: -8.21%
• 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
169 Keller Dr	0.17mi	3/2.0	1,537 (0%)	1mo	$261,900	$170	91
104 Karenlee Cir	0.19mi	3/2.0	1,474 (-4%)	2mo	$251,900	$171	82
233 Tobin Ln	0.44mi	3/2.0	1,537 (0%)	0mo	$240,000	$156	80
168 Keller Dr	0.17mi	3/2.0	1,683 (+10%)	3mo	$271,900	$162	74
171 Keller Dr	0.19mi	3/2.0	1,683 (+10%)	3mo	$279,000	$166	73
172 Keller Dr	0.19mi	3/2.0	1,683 (+10%)	3mo	$269,900	$160	73
163 Whitner Dr	0.18mi	4/2.0 (+1)	1,667 (+8%)	1mo	$249,280	$150	72
189 Tobin Ln	0.26mi	3/2.0	1,685 (+10%)	1mo	$250,000	$148	71
298 Keller Dr	0.55mi	3/2.0	1,484 (-3%)	2mo	$269,644	$182	67
309 Keller Dr	0.62mi	3/2.0	1,620 (+5%)	2mo	$284,900	$176	60
152 Cherry Laurel Dr	0.68mi	3/2.0	1,620 (+5%)	0mo	$259,000	$160	59
147 Havner Dr	0.18mi	4/2.5 (+1)	1,753 (+14%)	3mo	$269,900	$154	59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 2.45×
• Total profit: $114,931
• Equity at exit: $255,068

10-year hold

• IRR: 16.6%
• Equity multiple: 5.66×
• Total profit: $369,406
• Equity at exit: $550,064

Cash invested: $79,277 (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 35750

• Home prices YoY: 8.2%
• Active inventory: 260
• Price-to-rent: 12.8×

Monthly cashflow live

• Estimated rent: $1,696 high
• Mortgage (P&I): −$1,485
• Tax est. 1.5%: −$354 /mo · $4,247/yr
• Insurance: −$118
• HOA: −$0
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $-617

Break-even live

Break-even rent $2,477

Max offer price $193,854

Occupancy floor —

Sensitivity live

Price	-10% $-421	-5% $-519	+0% $-617	+5% $-715	+10% $-813
Rent	-10% $-751	-5% $-684	+0% $-617	+5% $-550	+10% $-483
Rate	-1.0pp $-474	-0.5pp $-545	base $-617	+0.5pp $-690	+1.0pp $-765

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: $70,783
• Closing costs: $8,494
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
143 Havner Dr Hazel Green, AL	4.0	2.0	1667	$1,775	$1.06	15d	1	0.17mi
169 Keller Dr Hazel Green, AL	3.0	2.0	1537	$1,665	$1.08	15d	1	0.17mi
171 Keller Dr Hazel Green, AL	3.0	2.0	1683	$1,616	$0.96	45d	1	0.18mi
108 Karenlee Cir Hazel Green, AL	4.0	2.0	1666	$1,685	$1.01	25d	1	0.23mi
147 Tobin Ln Hazel Green, AL	4.0	2.0	1884	$1,700	$0.90	45d	1	0.27mi
189 Tobin Ln Hazel Green, AL	3.0	2.0	1685	$1,775	$1.05	15d	1	0.27mi
236 Cherry Laurel Dr Hazel Green, AL	4.0	3.0	1964	$1,750	$0.89	25d	1	0.37mi
117 Hank Ct Hazel Green, AL	3.0	2.0	1517	$1,650	$1.09	45d	1	0.39mi
137 Hazel Pine Trl Hazel Green, AL	3.0	2.0	1482	$1,650	$1.11	25d	1	0.63mi
206 Hailey May Ct Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	15d	1	1.08mi
202 Hailey May Ct Hazel Green, AL	4.0	2.5	1727	$1,645	$0.95	25d	1	1.11mi
203 Hailey May Ct Hazel Green, AL	4.0	2.0	1797	$1,695	$0.94	25d	1	1.12mi
100 Brook Glen Dr Hazel Green, AL	3.0	2.0	1336	$1,595	$1.19	15d	1	1.13mi
127 London Calvin Way Hazel Green, AL	4.0	2.5	1727	$1,645	$0.95	15d	1	1.14mi
119 London Calvin Way Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	15d	1	1.15mi
106 London Calvin Way Hazel Green, AL	4.0	2.0	1797	$1,684	$0.94	45d	1	1.15mi
104 London Calvin Way Hazel Green, AL	4.0	2.5	1971	$1,745	$0.89	25d	1	1.15mi
115 London Calvin Way Hazel Green, AL	4.0	2.5	1971	$1,734	$0.88	45d	1	1.16mi
102 London Calvin Way Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	25d	1	1.16mi
149 Hazel Trce Hazel Green, AL	3.0	2.0	1628	$1,695	$1.04	15d	1	1.35mi

Listing history 19 events

1. 2026-06-22
   days on market $259,900 Active 547 DOM
2. 2026-06-18
   days on market $259,900 Active 544 DOM
3. 2026-06-17
   days on market $259,900 Active 543 DOM
4. 2026-06-16
   days on market $259,900 Active 542 DOM
5. 2026-06-15
   days on market $259,900 Active 541 DOM
6. 2026-06-14
   days on market $259,900 Active 539 DOM
7. 2026-06-10
   days on market $259,900 Active 536 DOM
8. 2026-06-09
   days on market $259,900 Active 535 DOM
9. 2026-06-08
   days on market $259,900 Active 534 DOM
10. 2026-06-07
    days on market $259,900 Active 533 DOM
11. 2026-06-02
    days on market $259,900 Active 528 DOM
12. 2026-06-01
    days on market $259,900 Active 527 DOM
13. 2026-05-31
    days on market $259,900 Active 526 DOM
14. 2026-05-30
    days on market $259,900 Active 525 DOM
15. 2026-02-15
    status Active 1495-char remark

    Show marketing remark (1495 chars)

    The Kerry is a spacious single-story home with 3 bedrooms and 2 bathrooms, offering 1,400 square feet of living space and a 2-car garage, perfect for families or those looking for extra room to grow. As you enter the home, you'll find a foyer that leads to two cozy bedrooms on the right, as well as the secondary bathroom. These rooms are ideal for kids, guests, or even a home office. Continuing through the home, the dining room opens up to the kitchen and living room, creating a warm, open-concept space that's perfect for hosting gatherings. The chef-inspired kitchen is equipped with a breakfast bar for additional seating, granite countertops, stainless steel appliances, and a pantry for ample storage. This seamlessly flows into the living area, making it easy to interact with family or guests while preparing meals. The living room also provides easy access to the backyard, where you can enjoy outdoor living, whether you're relaxing or entertaining. The primary bedroom is located at the back of the house for added privacy and features a spacious walk-in closet. The adjoining bathroom boasts a luxurious walk-in shower, two vanities, and quartz countertops. Like all D. R. Horton homes in Townsend Farms, the Kerry includes the Home is Connected smart home technology package, allowing you to control your home with your smart device, whether near or away. Pictures may be of a similar home and not necessarily of the subject property. Pictures are representational only. The Ker

16. 2026-02-15
    historical 1495-char remark

    Show marketing remark (1495 chars)

    The Kerry is a spacious single-story home with 3 bedrooms and 2 bathrooms, offering 1,400 square feet of living space and a 2-car garage, perfect for families or those looking for extra room to grow. As you enter the home, you'll find a foyer that leads to two cozy bedrooms on the right, as well as the secondary bathroom. These rooms are ideal for kids, guests, or even a home office. Continuing through the home, the dining room opens up to the kitchen and living room, creating a warm, open-concept space that's perfect for hosting gatherings. The chef-inspired kitchen is equipped with a breakfast bar for additional seating, granite countertops, stainless steel appliances, and a pantry for ample storage. This seamlessly flows into the living area, making it easy to interact with family or guests while preparing meals. The living room also provides easy access to the backyard, where you can enjoy outdoor living, whether you're relaxing or entertaining. The primary bedroom is located at the back of the house for added privacy and features a spacious walk-in closet. The adjoining bathroom boasts a luxurious walk-in shower, two vanities, and quartz countertops. Like all D. R. Horton homes in Townsend Farms, the Kerry includes the Home is Connected smart home technology package, allowing you to control your home with your smart device, whether near or away. Pictures may be of a similar home and not necessarily of the subject property. Pictures are representational only. The Ker

17. 2025-03-13
    price $259,900 1495-char remark

    Show marketing remark (1495 chars)

    The Kerry is a spacious single-story home with 3 bedrooms and 2 bathrooms, offering 1,400 square feet of living space and a 2-car garage, perfect for families or those looking for extra room to grow. As you enter the home, you'll find a foyer that leads to two cozy bedrooms on the right, as well as the secondary bathroom. These rooms are ideal for kids, guests, or even a home office. Continuing through the home, the dining room opens up to the kitchen and living room, creating a warm, open-concept space that's perfect for hosting gatherings. The chef-inspired kitchen is equipped with a breakfast bar for additional seating, granite countertops, stainless steel appliances, and a pantry for ample storage. This seamlessly flows into the living area, making it easy to interact with family or guests while preparing meals. The living room also provides easy access to the backyard, where you can enjoy outdoor living, whether you're relaxing or entertaining. The primary bedroom is located at the back of the house for added privacy and features a spacious walk-in closet. The adjoining bathroom boasts a luxurious walk-in shower, two vanities, and quartz countertops. Like all D. R. Horton homes in Townsend Farms, the Kerry includes the Home is Connected smart home technology package, allowing you to control your home with your smart device, whether near or away. Pictures may be of a similar home and not necessarily of the subject property. Pictures are representational only. The Ker

18. 2025-01-04
    price $270,990 1495-char remark

    Show marketing remark (1495 chars)

    The Kerry is a spacious single-story home with 3 bedrooms and 2 bathrooms, offering 1,400 square feet of living space and a 2-car garage, perfect for families or those looking for extra room to grow. As you enter the home, you'll find a foyer that leads to two cozy bedrooms on the right, as well as the secondary bathroom. These rooms are ideal for kids, guests, or even a home office. Continuing through the home, the dining room opens up to the kitchen and living room, creating a warm, open-concept space that's perfect for hosting gatherings. The chef-inspired kitchen is equipped with a breakfast bar for additional seating, granite countertops, stainless steel appliances, and a pantry for ample storage. This seamlessly flows into the living area, making it easy to interact with family or guests while preparing meals. The living room also provides easy access to the backyard, where you can enjoy outdoor living, whether you're relaxing or entertaining. The primary bedroom is located at the back of the house for added privacy and features a spacious walk-in closet. The adjoining bathroom boasts a luxurious walk-in shower, two vanities, and quartz countertops. Like all D. R. Horton homes in Townsend Farms, the Kerry includes the Home is Connected smart home technology package, allowing you to control your home with your smart device, whether near or away. Pictures may be of a similar home and not necessarily of the subject property. Pictures are representational only. The Ker

19. 2024-12-21
    listed $269,990 Active 1495-char remark

    Show marketing remark (1495 chars)

    The Kerry is a spacious single-story home with 3 bedrooms and 2 bathrooms, offering 1,400 square feet of living space and a 2-car garage, perfect for families or those looking for extra room to grow. As you enter the home, you'll find a foyer that leads to two cozy bedrooms on the right, as well as the secondary bathroom. These rooms are ideal for kids, guests, or even a home office. Continuing through the home, the dining room opens up to the kitchen and living room, creating a warm, open-concept space that's perfect for hosting gatherings. The chef-inspired kitchen is equipped with a breakfast bar for additional seating, granite countertops, stainless steel appliances, and a pantry for ample storage. This seamlessly flows into the living area, making it easy to interact with family or guests while preparing meals. The living room also provides easy access to the backyard, where you can enjoy outdoor living, whether you're relaxing or entertaining. The primary bedroom is located at the back of the house for added privacy and features a spacious walk-in closet. The adjoining bathroom boasts a luxurious walk-in shower, two vanities, and quartz countertops. Like all D. R. Horton homes in Townsend Farms, the Kerry includes the Home is Connected smart home technology package, allowing you to control your home with your smart device, whether near or away. Pictures may be of a similar home and not necessarily of the subject property. Pictures are representational only. The Ker

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,350
• − Mortgage interest: −$15,860
• − Property taxes: −$4,247
• − Insurance: −$1,416
• − Repairs & maintenance: −$1,628
• − Management: −$1,628
• − Depreciation: −$8,237
• Taxable loss: −$12,665
• Est. tax savings @ 24.0%: +$3,040
• After-tax cash flow: $-4,364/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: Madison County
• NCES district ID: 0102220
• Math proficiency: 27% ▼ -32.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $66,058
• Composite: 37.15/100
• National rank: #4483
• State rank: #19 of 129 in AL

Livability — Hazel Green

• Score: 69/100
• State rank: #54
• US rank: #8575

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Green, AL
• County: Madison County · 380,832 people
• City population: 13,413
• Metro: Huntsville, AL
• Population (ZIP): 13,413
• Household income: $68,389
• Rent vs Own: 14.7% rent · 85.3% own
• Severe rent burden: 162.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 392,086 people
• By 2030: 409,788 · +4.5%
• By 2040: 440,557 · +12.4%
• By 2050: 460,990 · +17.6%
• By 2075: 502,872 · +28.3%
• By 2100: 513,623 · +31.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 19% Asian 5% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1% Serbian 1% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 2% Chinese 1% Korean 1%

Political lean MEDSL · Madison

• 2024 margin: Lean R (+9.0) · D 44.7% · R 53.7% · Other 1.6%
• 2008→2024 swing: +6.0pp toward D · 2008: -14.9pp · 2024: -9.0pp
• All cycles: 2024: R+9.0 2020: R+8.0 2016: R+16.8 2012: R+18.7 2008: R+14.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 33.59%
• Current HPI: 444.7418
• Rent YoY: —
• Metro: Huntsville, 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

-3.7% since first listed

5 events — show timeline

• 2026-02-15 Relisted — Zillow
• 2026-02-15 Delisted — Zillow
• 2025-03-13 Price Changed $259,900 Zillow
• 2025-01-04 Price Changed $270,990 Zillow
• 2024-12-21 Listed $269,990 Zillow