147 Tobin Ln · Hazel Green, AL 35750

$265,000

4 bd · 1.0 ba · 1,824 sqft · SingleFamily public records · 1 Days on market

Built 2022 8,712 sqft lot Est $292k · 9% under $29/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 +11.6/15.0
• Appreciation +10.0/10.0
• Cash flow +7.7/30.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.8/10.0
• 1% rule +1.7/10.0

Listing remarks

Welcome home to this beautiful 4-bedroom, 2-bath ranch-style home in Hazel Green! Featuring an open-concept floor plan, this home offers a spacious living area that flows seamlessly into the kitchen complete with an island, pantry, and ample cabinet space. The private owner's suite includes a walk-in closet and en-suite bath with double vanities. Enjoy relaxing or entertaining on the covered back patio overlooking the backyard. Conveniently located near shopping, dining, schools, and an easy commute to Huntsville. Don't miss your opportunity to make this wonderful home yours!

Key facts

• Spacious living area
• Walk-in closet
• En-suite bath

Tags

• OPEN-CONCEPT FLOOR PLAN
• SPACIOUS LIVING AREA
• KITCHEN ISLAND
• PRIVATE OWNER'S SUITE
• WALK-IN CLOSET
• EN-SUITE BATH

Property features AI

Finance

• HOA & community: HOA with $350 annual fee; Subdivision: Townsend Place

Exterior

• Parking: Two-car garage
• Utilities: Private sewer
• Home design: Single-family residence; One story; Built in 2022
• Construction: Brick construction; Slab foundation
• Exterior features: Covered patio

Interior

• Kitchen: Oven; Dishwasher; Microwave; Garbage disposal
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: 6 total rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $-301 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $212k (20.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $176k (33.5% below list).
• Recommended offer: $176k (33.5% below list) — sets the bar for 1% rule.
• Cap rate 4.9% vs local median 3.9% in Hazel Green — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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); Meridianville Middle School (math 19% / reading 62%, grade F, #56 of 257 statewide, top 22%, 724 students, 45% 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 (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 256 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,709 units permitted in Madison County in 2024 (1,186 in 5+ unit buildings).
• This rent runs 31% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $28k of equity ($2k loan paydown + $26k 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 ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,230 (33.5% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 4.93%
• Cash-on-cash: -4.86%
• DSCR: 0.78
• GRM: 12.5

CMA / ARV

• ARV (on-the-fly): $291,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
165 Keller Dr	0.35mi	4/2.0	1,841 (+1%)	3mo	$282,250	$153	76
174 Keller Dr	0.40mi	4/2.0	1,841 (+1%)	1mo	$285,900	$155	75
147 Havner Dr	0.32mi	4/2.5	1,753 (-4%)	3mo	$269,900	$154	70
163 Whitner Dr	0.26mi	4/2.0	1,667 (-9%)	1mo	$249,280	$150	68
189 Tobin Ln	0.27mi	3/2.0 (-1)	1,685 (-8%)	1mo	$250,000	$148	65
171 Keller Dr	0.37mi	3/2.0 (-1)	1,683 (-8%)	3mo	$279,000	$166	58
168 Keller Dr	0.38mi	3/2.0 (-1)	1,683 (-8%)	3mo	$271,900	$162	58
172 Keller Dr	0.39mi	3/2.0 (-1)	1,683 (-8%)	3mo	$269,900	$160	58
295 Keller Dr	0.57mi	3/2.0 (-1)	1,620 (-11%)	3mo	$274,900	$170	43
176 Keller Dr	0.41mi	5/3.0 (+1)	2,092 (+15%)	1mo	$309,310	$148	43
152 Cherry Laurel Dr	0.68mi	3/2.0 (-1)	1,620 (-11%)	0mo	$259,000	$160	41
309 Keller Dr	0.65mi	3/2.0 (-1)	1,620 (-11%)	2mo	$284,900	$176	40

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: 20.8%
• Equity multiple: 2.69×
• Total profit: $125,112
• Equity at exit: $238,733

10-year hold

• IRR: 18.9%
• Equity multiple: 6.17×
• Total profit: $383,383
• Equity at exit: $514,837

Cash invested: $74,200 (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 35750

• Home prices YoY: 8.2%
• Active inventory: 256
• Price-to-rent: 12.5×

Monthly cashflow live

• Estimated rent: $1,762 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$164 /mo · $1,966/yr
• Insurance: −$110
• HOA: −$29
• Vacancy / Maint / Mgmt: −$370
• Net cashflow: $-301

Break-even live

Break-even rent $2,143

Max offer price $211,870

Occupancy floor —

Sensitivity live

Price	-10% $-151	-5% $-226	+0% $-301	+5% $-376	+10% $-451
Rent	-10% $-440	-5% $-370	+0% $-301	+5% $-231	+10% $-162
Rate	-1.0pp $-167	-0.5pp $-233	base $-301	+0.5pp $-369	+1.0pp $-439

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
147 Tobin Ln Hazel Green, AL	4.0	2.0	1884	$1,700	$0.90	44d	1	0.04mi
117 Hank Ct Hazel Green, AL	3.0	2.0	1517	$1,650	$1.09	44d	1	0.21mi
108 Karenlee Cir Hazel Green, AL	4.0	2.0	1666	$1,685	$1.01	24d	1	0.24mi
189 Tobin Ln Hazel Green, AL	3.0	2.0	1685	$1,775	$1.05	14d	1	0.27mi
143 Havner Dr Hazel Green, AL	4.0	2.0	1667	$1,775	$1.06	14d	1	0.29mi
236 Cherry Laurel Dr Hazel Green, AL	4.0	3.0	1964	$1,750	$0.89	24d	1	0.34mi
169 Keller Dr Hazel Green, AL	3.0	2.0	1537	$1,665	$1.08	14d	1	0.34mi
171 Keller Dr Hazel Green, AL	3.0	2.0	1683	$1,616	$0.96	44d	1	0.35mi
137 Hazel Pine Trl Hazel Green, AL	3.0	2.0	1482	$1,650	$1.11	24d	1	0.63mi
100 Brook Glen Dr Hazel Green, AL	3.0	2.0	1336	$1,595	$1.19	14d	1	0.98mi
206 Hailey May Ct Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	14d	1	1.08mi
202 Hailey May Ct Hazel Green, AL	4.0	2.5	1727	$1,645	$0.95	24d	1	1.11mi
127 London Calvin Way Hazel Green, AL	4.0	2.5	1727	$1,645	$0.95	14d	1	1.12mi
203 Hailey May Ct Hazel Green, AL	4.0	2.0	1797	$1,695	$0.94	24d	1	1.12mi
119 London Calvin Way Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	14d	1	1.14mi
115 London Calvin Way Hazel Green, AL	4.0	2.5	1971	$1,734	$0.88	44d	1	1.16mi
106 London Calvin Way Hazel Green, AL	4.0	2.0	1797	$1,684	$0.94	44d	1	1.16mi
104 London Calvin Way Hazel Green, AL	4.0	2.5	1971	$1,745	$0.89	24d	1	1.16mi
102 London Calvin Way Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	24d	1	1.17mi
149 Hazel Trce Hazel Green, AL	3.0	2.0	1628	$1,695	$1.04	14d	1	1.27mi

HOA detail

• Monthly dues: $29 · $348/yr

Listing history 2 events

1. 2026-06-19
   remarks 582-char remark
2. 2026-06-19
   listed $265,000 Active 1 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: $1,966 · $164/mo
• Projected year-2 tax: $1,966 · $164/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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% 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: $21,148
• − Mortgage interest: −$14,844
• − Property taxes: −$1,966
• − Insurance: −$1,325
• − Repairs & maintenance: −$1,692
• − Management: −$1,692
• − HOA: −$348
• − Depreciation: −$7,709
• Taxable loss: −$8,429
• Est. tax savings @ 24.0%: +$2,023
• After-tax cash flow: $-1,586/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

+13847.4% since first listed

5 events — show timeline

• 2026-06-18 Listed $265,000 VMLS
• 2026-06-13 Rental Removed $1,700 VMLS
• 2026-02-17 Price Changed $1,700 VMLS
• 2026-01-29 Price Changed $1,800 VMLS
• 2025-12-16 Listed for Rent $1,900 VMLS

Property tax history

+43.3%/yr

Latest (2024): $1,966 · +43.3% YoY. Source: county tax records.