227 Hydra Cir · Moores Mill, AL 35811

$305,000

4 bd · 1.0 ba · 1,854 sqft · SingleFamily public records · 131 Days on market

Built 2020 0.29 ac lot $165/sqft · 11% below area Est $340k · 10% under $33/mo HOA · 2% of rent

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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).

• ARV discount +12.1/15.0
• Cash flow +9.2/30.0
• Rent growth +4.2/5.0
• Schools +3.7/10.0
• Livability +3.3/5.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• Appreciation +1.4/10.0

Listing remarks MLS

Why THIS home?! Only 5 years old! Corner lot! Zoned for Mt Carmel Elementary! Fenced in yard! 4 bedrooms! 2 full baths! All wood flooring! Open concept! Granite counters, an island, pantry and SS appliances INCLUDING A COUNTER DEPTH FRIDGE! Spacious primary bedroom with large walk-in closet! Second bathroom has a fully tiled shower! Drop zone in the back hallway! Come check out the friendly neighborhood with easy access to town, grocery shopping, and a new CHICK-FIL-A. Easty commute to the Arsenal or Research Park. Imagine yourself walking the dogs, admiring the lights at night, less than 5 minutes to a Kroger for last minute items. Don't miss out on it!

Key facts

• Pantry
• Open concept space
• Granite counters

Tags

• PRIVACY FENCED CORNER LOT
• ZONED FOR MT CARMEL ELEMENTARY
• OPEN CONCEPT SPACE
• GRANITE COUNTERS
• ISLAND
• PANTRY

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $305k.

Deal economics

• At list price, monthly cash flow is $-231 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $264k (13.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (32.7% below list).
• Recommended offer: $205k (32.7% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 3.8% in Moores Mill — 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 66/100 on livability (#109 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety 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: Mt Carmel Elementary School (math 37% / reading 72%, grade C, #87 of 627 statewide, top 15%, 646 students, 34% FRL); Buckhorn Middle School (math 19% / reading 59%, grade F, #64 of 257 statewide, top 25%, 688 students, 38% FRL); Buckhorn High School (math 31% / reading 33%, grade F, #59 of 305 statewide, top 21%, 1,287 students, 34% FRL).
• Market conditions: Rents rising fast (+6.8%/yr); 570 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,709 units permitted in Madison County in 2024 (1,186 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 $9k of value loss. Plan a longer hold.
• Madison County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 131 days — a 12% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $20k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $205,235 (32.7% 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 131 days. Have you received any prior offers? Is the seller open to a 33% 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 F-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: 0.67% ✗
• Cap rate: 5.38%
• Cash-on-cash: -3.25%
• DSCR: 0.86
• GRM: 12.4

CMA / ARV

• ARV (median comp): $339,779
• List price: $305,000
• Delta: -10.24%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
226 Hydra Cir	0.12mi	3/2.0 (-1)	1,853 (-0%)	3mo	$305,000	$165	83
412 Tracer St	0.13mi	3/2.0 (-1)	1,854 (0%)	11mo	$319,900	$173	76
105 Cool Cir	0.25mi	4/3.0	1,938 (+4%)	9mo	$314,900	$162	65
317 Pond Spring Dr	0.39mi	4/3.0	1,938 (+4%)	2mo	$315,400	$163	65
109 Cool Cir	0.26mi	4/3.0	1,938 (+4%)	9mo	$314,725	$162	65
6102 Edwin Jones Dr	0.54mi	3/2.0 (-1)	1,860 (+0%)	7mo	$300,000	$161	59
305 Pond Spring Dr	0.39mi	3/2.0 (-1)	1,703 (-8%)	5mo	$285,650	$168	55
107 Cool Cir	0.25mi	4/2.0	2,106 (+14%)	8mo	$309,900	$147	55
304 Pond Spring Dr	0.39mi	3/2.0 (-1)	1,703 (-8%)	6mo	$265,000	$156	55
314 Pond Spring Dr	0.39mi	3/2.0 (-1)	1,703 (-8%)	6mo	$286,990	$169	54
102 Cool Cir	0.25mi	4/2.0	2,106 (+14%)	10mo	$310,000	$147	53
313 Pond Spring Dr	0.39mi	4/2.0	2,106 (+14%)	4mo	$312,032	$148	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 · 6.81% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.34×
• Total profit: $-56,099
• Equity at exit: $45,476

10-year hold

• IRR: -5.0%
• Equity multiple: 0.62×
• Total profit: $-32,056
• Equity at exit: $26,371

Cash invested: $85,400 (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 35811

• Home prices YoY: -2.1%
• Rents YoY: 6.8%
• Active inventory: 570
• Price-to-rent: 12.4×

Monthly cashflow live

• Estimated rent: $2,052 high
• Mortgage (P&I): −$1,599
• Tax from tax record: −$93 /mo · $1,115/yr
• Insurance: −$127
• HOA: −$33
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $-231

Break-even live

Break-even rent $2,345

Max offer price $264,175

Occupancy floor —

Sensitivity live

Price	-10% $-58	-5% $-145	+0% $-231	+5% $-317	+10% $-404
Rent	-10% $-393	-5% $-312	+0% $-231	+5% $-150	+10% $-69
Rate	-1.0pp $-78	-0.5pp $-154	base $-231	+0.5pp $-310	+1.0pp $-391

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: $76,250
• Closing costs: $9,150
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
186 Pennington Ave Huntsville, AL	3.0	2.5	2209	$2,100	$0.95	25d	1	0.20mi
120 Pomelo St Huntsville, AL	4.0	3.0	2583	$2,395	$0.93	45d	1	0.21mi
154 SOUTHERN Trl Huntsville, AL	4.0	2.0	2106	$2,070	$0.98	45d	1	0.40mi
144 Oakcrest Rd Huntsville, AL	3.0	2.0	2153	$1,695	$0.79	23d	1	0.52mi
149 Wolfe Ln Huntsville, AL	3.0	3.0	1442	$2,000	$1.39	15d	1	0.73mi
147 Wolfe Ln Huntsville, AL	3.0	3.0	1442	$2,100	$1.46	15d	1	0.73mi
229 Paca Ln Huntsville, AL	3.0	2.0	1850	$1,950	$1.05	45d	1	0.80mi
244 Paca Ln Huntsville, AL	4.0	2.0	2106	$2,150	$1.02	45d	1	0.82mi
244 Paca Ln Huntsville, AL	4.0	2.0	2106	$2,150	$1.02	25d	1	0.82mi
150 LILLIAN FARMS Blvd Huntsville, AL	3.0	2.0	1703	$1,900	$1.12	25d	1	0.85mi
153 LILLIAN FARMS Blvd Huntsville, AL	3.0	2.0	1703	$1,900	$1.12	25d	1	0.85mi
313 Mchenry DR Huntsville, AL	4.0	3.0	1938	$1,970	$1.02	45d	1	0.89mi
6107 Trailwood Dr Huntsville, AL	3.0	2.0	1879	$1,650	$0.88	25d	1	1.36mi
119 Wind Rush Rd Huntsville, AL	3.0	2.0	1690	$1,875	$1.11	45d	1	1.42mi
127 Colby Dr NE Huntsville, AL	3.0	2.0	1239	$1,395	$1.13	25d	1	1.49mi

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 17 events

1. 2026-06-14
   status $305,000 Pending 131 DOM
2. 2026-06-10
   days on market $305,000 Active 131 DOM
3. 2026-06-09
   days on market $305,000 Active 130 DOM
4. 2026-06-08
   days on market $305,000 Active 129 DOM
5. 2026-06-07
   days on market $305,000 Active 128 DOM
6. 2026-06-02
   days on market $305,000 Active 123 DOM
7. 2026-06-01
   days on market $305,000 Active 122 DOM
8. 2026-05-31
   days on market $305,000 Active 121 DOM
9. 2026-05-30
   days on market $305,000 Active 120 DOM
10. 2026-04-04
    price $312,227 662-char remark

    Show marketing remark (662 chars)

    Why THIS home?! Only 5 years old! Corner lot! Zoned for Mt Carmel Elementary! Fenced in yard! 4 bedrooms! 2 full baths! All wood flooring! Open concept! Granite counters, an island, pantry and SS appliances INCLUDING A COUNTER DEPTH FRIDGE! Spacious primary bedroom with large walk-in closet! Second bathroom has a fully tiled shower! Drop zone in the back hallway! Come check out the friendly neighborhood with easy access to town, grocery shopping, and a new CHICK-FIL-A. Easty commute to the Arsenal or Research Park. Imagine yourself walking the dogs, admiring the lights at night, less than 5 minutes to a Kroger for last minute items. Don't miss out on it!

11. 2026-03-12
    price $320,000 662-char remark

    Show marketing remark (662 chars)

    Why THIS home?! Only 5 years old! Corner lot! Zoned for Mt Carmel Elementary! Fenced in yard! 4 bedrooms! 2 full baths! All wood flooring! Open concept! Granite counters, an island, pantry and SS appliances INCLUDING A COUNTER DEPTH FRIDGE! Spacious primary bedroom with large walk-in closet! Second bathroom has a fully tiled shower! Drop zone in the back hallway! Come check out the friendly neighborhood with easy access to town, grocery shopping, and a new CHICK-FIL-A. Easty commute to the Arsenal or Research Park. Imagine yourself walking the dogs, admiring the lights at night, less than 5 minutes to a Kroger for last minute items. Don't miss out on it!

12. 2026-01-30
    listed $325,000 Active 662-char remark

    Show marketing remark (662 chars)

    Why THIS home?! Only 5 years old! Corner lot! Zoned for Mt Carmel Elementary! Fenced in yard! 4 bedrooms! 2 full baths! All wood flooring! Open concept! Granite counters, an island, pantry and SS appliances INCLUDING A COUNTER DEPTH FRIDGE! Spacious primary bedroom with large walk-in closet! Second bathroom has a fully tiled shower! Drop zone in the back hallway! Come check out the friendly neighborhood with easy access to town, grocery shopping, and a new CHICK-FIL-A. Easty commute to the Arsenal or Research Park. Imagine yourself walking the dogs, admiring the lights at night, less than 5 minutes to a Kroger for last minute items. Don't miss out on it!

13. 2023-06-06
    soldstatus $308,000
14. 2023-05-03
    price $329,000
15. 2021-02-01
    soldstatus $234,325 Sold
16. 2020-10-14
    soldstatus $220,000
17. 2020-08-24
    listed $234,325

ⓘ 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: $1,115 · $93/mo
• Projected year-2 tax: $1,250 · $104/mo
• Expected delta: +$135/yr (+$11/mo · 12.1%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% 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: $24,628
• − Mortgage interest: −$17,085
• − Property taxes: −$1,115
• − Insurance: −$1,525
• − Repairs & maintenance: −$1,970
• − Management: −$1,970
• − HOA: −$396
• − Depreciation: −$8,873
• Taxable loss: −$8,306
• Est. tax savings @ 24.0%: +$1,993
• After-tax cash flow: $-780/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 — Moores Mill

• Score: 66/100
• State rank: #109
• US rank: #11986

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Moores Mill, AL
• County: Madison County · 380,832 people
• Metro: Huntsville, AL
• Population (ZIP): 31,008
• Household income: $90,812
• Rent vs Own: 22.4% rent · 77.6% own
• Severe rent burden: 517.0

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: Majority White (64%)
• Race & ethnicity: White 64% Black 27% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Slovak 2% Italian 2% Serbian 2%
• Foreign-born: 4% · Canada, Vietnam, China
• Languages at home: 95% English-only · Spanish 3% Vietnamese 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: ▼ -7.13%
• Current HPI: 332.9423
• Rent YoY: ▲ 6.81%
• 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

+33.2% since first listed

8 events — show timeline

• 2026-04-04 Price Changed $312,227 VMLS
• 2026-03-12 Price Changed $320,000 VMLS
• 2026-01-30 Listed $325,000 VMLS
• 2023-06-06 Sold (Public Records) $308,000 Public Records
• 2023-05-03 Price Changed $329,000 VMLS
• 2021-02-01 Sold (MLS) $234,325 VMLS
• 2020-10-14 Sold (Public Records) $220,000 Public Records
• 2020-08-24 Listed $234,325 VMLS

Property tax history

+5.4%/yr

Latest (2024): $1,115 · +5.4% YoY. Source: county tax records.