6729 San Moore Dr · Clay, AL 35126

$164,900

3 bd · 2.0 ba · 1,020 sqft · SingleFamily public records · 33 Days on market

Built 1984 0.35 ac lot Est $178k · 8% under

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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 +22.9/30.0
• ARV discount +10.9/15.0
• DSCR +7.4/10.0
• 1% rule +4.8/10.0
• Livability +3.8/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come check this adorable 3 bedroom 2 bath home in a quiet neighborhood, enjoy the large back yard with two large places to store your toys and tools. House has fresh paint and flooring. Why rent when you can own this now!!!

Key facts

• Covered carport
• Spacious pole barn
• 0.35 acre lot

Tags

• FULLY FENCED BACKYARD
• SCREENED-IN BACK PORCH
• SPACIOUS POLE BARN
• SEPARATE STORAGE BUILDING
• COVERED CARPORT
• KITCHEN APPLIANCES REMAIN

Property features AI

Finance

• Other: Lot size approximately 0.35 acres; Located in Whistling Pines subdivision
• Financial info: Down payment assistance available

Exterior

• Parking: Driveway parking; 1 carport space
• Utilities: Public water; Septic system; Gas water heater; Internet available (AT&T, Verizon, Spectrum)
• Home design: Single-family property (existing); Main living all on one level
• Construction: Vinyl siding; Crawl space foundation
• Exterior features: Barn; Fenced yard; Storage building; Porch; Covered screened deck

Interior

• Kitchen: Solid surface countertops; Dishwasher (built-in); Electric oven; Electric stove; Refrigerator
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: Two full bathrooms; Master bathroom on main level; Tub/shower combo
• Heating & cooling: Forced air heating (gas); Central cooling
• Interior features: Ceilings: see remarks; No additional interior features listed
• Laundry & utility: Laundry on main level; Washer hookup; Electric dryer hookup; Laundry located in closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $290 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (2.3% below list).
• Recommended offer: $160k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.7% in Clay — 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 75/100 on livability (#16 in AL, #3,849 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F.
• Jefferson County (suburban): math 9% / reading 32% proficiency, ranked #104 of 129 in AL (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Clay Elementary School (math 10% / reading 40%, grade F, #414 of 627 statewide, top 66%, 632 students, 48% FRL); Claychalkville High School (math 6% / reading 9%, grade F, #261 of 305 statewide, top 87%, 1,361 students, 56% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents rising (+1.6%/yr); 186 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,114 units permitted in Jefferson County in 2024 (556 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.
• Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 8y 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.
• Current owner paid $120k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,953 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 0.98% ✗
• Cap rate: 8.40%
• Cash-on-cash: 7.53%
• DSCR: 1.34
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $178,500
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6245 Clay Palmerdale Rd	0.15mi	3/2.0	1,069 (+5%)	1mo	$178,900	$167	84
6227 Clay Palmerdale Rd	0.13mi	3/2.0	1,092 (+7%)	11mo	$217,000	$199	72
6778 San Moore Dr	0.09mi	3/2.0	1,171 (+15%)	1mo	$209,000	$178	70
6807 San Moore Dr	0.15mi	3/2.0	1,070 (+5%)	19mo	$187,000	$175	69
6536 Chrissy Dr	0.74mi	3/2.0	1,133 (+11%)	7mo	$190,000	$168	42

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 · 1.61% rent growth · sell at horizon

5-year hold

• IRR: -6.2%
• Equity multiple: 0.77×
• Total profit: $-10,563
• Equity at exit: $24,587

10-year hold

• IRR: 1.7%
• Equity multiple: 1.12×
• Total profit: $5,403
• Equity at exit: $14,258

Cash invested: $46,172 (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 35126

• Home prices YoY: -22.4%
• Rents YoY: 1.6%
• Active inventory: 186
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,611 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$49 /mo · $591/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$338
• Net cashflow: $290

Break-even live

Break-even rent $1,244

Max offer price $164,900

Occupancy floor 77%

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: $41,225
• Closing costs: $4,947
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6469 Chrissy Dr Pinson, AL	3.0	2.0	1110	$1,465	$1.32	10d	1	0.88mi
6836 Markham Dr Trussville, AL	3.0	3.0	1495	$1,756	$1.17	1d	1	1.24mi
5653 Cheryl Dr Pinson, AL	3.0	2.0	1015	$1,220	$1.20	11d	1	1.40mi

Listing history 20 events

1. 2026-06-07
   statusdays on market $164,900 Pending 33 DOM
2. 2026-06-03
   days on market $164,900 Active 32 DOM
3. 2026-06-02
   days on market $164,900 Active 31 DOM
4. 2026-06-01
   days on market $164,900 Active 30 DOM
5. 2026-05-31
   days on market $164,900 Active 29 DOM
6. 2026-05-17
   status Active
7. 2026-05-14
   status Pending
8. 2026-05-12
   status Active
9. 2026-03-31
   status Pending
10. 2026-03-18
    listed $164,900 Active
11. 2018-08-30
    soldstatus $119,900
12. 2018-08-29
    soldstatus $119,900 Sold 223-char remark

    Show marketing remark (223 chars)

    Come check this adorable 3 bedroom 2 bath home in a quiet neighborhood, enjoy the large back yard with two large places to store your toys and tools. House has fresh paint and flooring. Why rent when you can own this now!!!

13. 2018-07-10
    historical Contingent 223-char remark

    Show marketing remark (223 chars)

    Come check this adorable 3 bedroom 2 bath home in a quiet neighborhood, enjoy the large back yard with two large places to store your toys and tools. House has fresh paint and flooring. Why rent when you can own this now!!!

14. 2018-06-05
    status Active 223-char remark

    Show marketing remark (223 chars)

    Come check this adorable 3 bedroom 2 bath home in a quiet neighborhood, enjoy the large back yard with two large places to store your toys and tools. House has fresh paint and flooring. Why rent when you can own this now!!!

15. 2018-05-29
    historical 223-char remark

    Show marketing remark (223 chars)

    Come check this adorable 3 bedroom 2 bath home in a quiet neighborhood, enjoy the large back yard with two large places to store your toys and tools. House has fresh paint and flooring. Why rent when you can own this now!!!

16. 2018-05-25
    listed $119,900 Active 223-char remark

    Show marketing remark (223 chars)

    Come check this adorable 3 bedroom 2 bath home in a quiet neighborhood, enjoy the large back yard with two large places to store your toys and tools. House has fresh paint and flooring. Why rent when you can own this now!!!

17. 2016-08-25
    price $107,000
18. 2016-07-13
    price $114,000
19. 2009-10-23
    soldstatus $96,500
20. 1984-04-27
    soldstatus $44,085

ⓘ 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: $591 · $49/mo
• Projected year-2 tax: $676 · $56/mo
• Expected delta: +$86/yr (+$7/mo · 14.5%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,327
• − Mortgage interest: −$9,237
• − Property taxes: −$591
• − Insurance: −$824
• − Repairs & maintenance: −$1,546
• − Management: −$1,546
• − Depreciation: −$4,797
• Taxable income: $786
• Est. tax owed @ 24.0%: −$189
• After-tax cash flow: $3,288/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: Jefferson County
• NCES district ID: 0101920
• Math proficiency: 9% ▼ -24.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $51,712
• Composite: 18.4/100
• National rank: #8937
• State rank: #104 of 129 in AL

Livability — Clay

• Score: 75/100
• State rank: #16
• US rank: #3849

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clay, AL
• County: Jefferson County · 527,445 people
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 22,599
• Household income: $83,732
• Rent vs Own: 14.6% rent · 85.4% own
• Severe rent burden: 267.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 669,185 people
• By 2030: 669,694 · +0.1%
• By 2040: 661,388 · -1.2%
• By 2050: 643,086 · -3.9%
• By 2075: 577,267 · -13.7%
• By 2100: 474,758 · -29.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 58% Black 28% Hispanic / Latino 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 1% Italian 1%
• Foreign-born: 5% · Canada, China, Jamaica
• Languages at home: 92% English-only · Spanish 5% Vietnamese 1% Chinese 0%

Political lean MEDSL · Jefferson

• 2024 margin: D (+10.4) · D 54.6% · R 44.2% · Other 1.2%
• 2008→2024 swing: +5.4pp toward D · 2008: 5.1pp · 2024: 10.4pp
• All cycles: 2024: D+10.4 2020: D+13.2 2016: D+7.2 2012: D+6.0 2008: D+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.52%
• Current HPI: 188.6439
• Rent YoY: ▲ 1.61%
• 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

+274.1% since first listed

15 events — show timeline

• 2026-05-17 Relisted — Greater Alabama MLS
• 2026-05-14 Pending — Greater Alabama MLS
• 2026-05-12 Relisted — Greater Alabama MLS
• 2026-03-31 Pending — Greater Alabama MLS
• 2026-03-18 Listed $164,900 Greater Alabama MLS
• 2018-08-30 Sold (Public Records) $119,900 Public Records
• 2018-08-29 Sold (MLS) $119,900 Greater Alabama MLS
• 2018-07-10 Contingent — Greater Alabama MLS
• 2018-06-05 Relisted — Greater Alabama MLS
• 2018-05-29 Delisted — Greater Alabama MLS
• 2018-05-25 Listed $119,900 Greater Alabama MLS
• 2016-08-25 Price Changed $107,000 Greater Alabama MLS
• 2016-07-13 Price Changed $114,000 Greater Alabama MLS
• 2009-10-23 Sold (Public Records) $96,500 Public Records
• 1984-04-27 Sold (Public Records) $44,085 Public Records

Property tax history

-1.2%/yr

Latest (2025): $591 · +7.6% YoY. Source: county tax records.