105 Havner Dr · Hazel Green, AL 35750

$321,900

3 bd · 1.0 ba · 1,868 sqft · SingleFamily public records · 97 Days on market

Built 2022 8,712 sqft lot $172/sqft · 12% below area Est $338k · at est.

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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 +9.6/15.0
• Cash flow +6.4/30.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.7/10.0
• 1% rule +0.3/10.0

Listing remarks MLS

Charming full brick home located in a quiet neighborhood offering comfort and style. This well-maintained property features 3 spacious bedrooms and 2 bathrooms with a functional layout perfect for everyday living. Enjoy a welcoming atmosphere with natural light throughout. Home includes blinds and a refrigerator, making it move-in ready. Ideal for first-time buyers, downsizers, or investors looking for a solid property. Conveniently located near local amenities, shopping, and dining. Don’t miss this opportunity to own a great home in a peaceful setting.

Key facts

• Move-in ready
• Natural light
• Functional layout

Tags

• FULL BRICK HOME
• QUIET NEIGHBORHOOD
• FUNCTIONAL LAYOUT
• NATURAL LIGHT
• MOVE-IN READY
• LOCAL AMENITIES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $322k.

Deal economics

• At list price, monthly cash flow is $-564 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $222k (31.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (47.2% below list).
• Recommended offer: $170k (47.2% 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: schools C-, amenities F, commute 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.
• Market conditions: 256 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $34k of equity ($2k loan paydown + $32k 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 ~$55k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($293k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y 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.

Recommended offer $170,017 (47.2% 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 97 days. Have you received any prior offers? Is the seller open to a 47% 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: 0.53% ✗
• Cap rate: 4.19%
• Cash-on-cash: -7.51%
• DSCR: 0.67
• GRM: 15.8

CMA / ARV

• ARV (median comp): $337,546
• List price: $321,900
• Delta: -4.64%
• 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
165 Keller Dr	0.23mi	4/2.0 (+1)	1,841 (-1%)	3mo	$282,250	$153	75
174 Keller Dr	0.29mi	4/2.0 (+1)	1,841 (-1%)	1mo	$285,900	$155	74
189 Tobin Ln	0.23mi	3/2.0	1,685 (-10%)	1mo	$250,000	$148	68
147 Havner Dr	0.22mi	4/2.5 (+1)	1,753 (-6%)	3mo	$269,900	$154	66
168 Keller Dr	0.26mi	3/2.0	1,683 (-10%)	3mo	$271,900	$162	65
171 Keller Dr	0.27mi	3/2.0	1,683 (-10%)	3mo	$279,000	$166	65
172 Keller Dr	0.28mi	3/2.0	1,683 (-10%)	3mo	$269,900	$160	64
163 Whitner Dr	0.18mi	4/2.0 (+1)	1,667 (-11%)	1mo	$249,280	$150	64
309 Keller Dr	0.61mi	3/2.0	1,620 (-13%)	2mo	$284,900	$176	43
152 Cherry Laurel Dr	0.66mi	3/2.0	1,620 (-13%)	0mo	$259,000	$160	43
122 Hazel Pine Trl	0.51mi	4/3.0 (+1)	2,136 (+14%)	1mo	$302,890	$142	38
148 Hazel Pine Trl	0.65mi	4/3.0 (+1)	2,136 (+14%)	2mo	$330,000	$154	31

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: 19.0%
• Equity multiple: 2.54×
• Total profit: $139,223
• Equity at exit: $289,993

10-year hold

• IRR: 17.5%
• Equity multiple: 5.86×
• Total profit: $437,900
• Equity at exit: $625,381

Cash invested: $90,132 (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: 15.8×

Monthly cashflow live

• Estimated rent: $1,700 high
• Mortgage (P&I): −$1,688
• Tax from tax record: −$85 /mo · $1,020/yr
• Insurance: −$134
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $-564

Break-even live

Break-even rent $2,414

Max offer price $222,262

Occupancy floor —

Sensitivity live

Price	-10% $-382	-5% $-473	+0% $-564	+5% $-655	+10% $-746
Rent	-10% $-698	-5% $-631	+0% $-564	+5% $-497	+10% $-430
Rate	-1.0pp $-402	-0.5pp $-482	base $-564	+0.5pp $-647	+1.0pp $-732

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: $80,475
• Closing costs: $9,657
• 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	45d	1	0.12mi
108 Karenlee Cir Hazel Green, AL	4.0	2.0	1666	$1,685	$1.01	24d	1	0.19mi
143 Havner Dr Hazel Green, AL	4.0	2.0	1667	$1,775	$1.06	15d	1	0.21mi
189 Tobin Ln Hazel Green, AL	3.0	2.0	1685	$1,775	$1.05	15d	1	0.23mi
169 Keller Dr Hazel Green, AL	3.0	2.0	1537	$1,665	$1.08	15d	1	0.25mi
117 Hank Ct Hazel Green, AL	3.0	2.0	1517	$1,650	$1.09	45d	1	0.26mi
171 Keller Dr Hazel Green, AL	3.0	2.0	1683	$1,616	$0.96	45d	1	0.26mi
236 Cherry Laurel Dr Hazel Green, AL	4.0	3.0	1964	$1,750	$0.89	24d	1	0.31mi
137 Hazel Pine Trl Hazel Green, AL	3.0	2.0	1482	$1,650	$1.11	24d	1	0.60mi
100 Brook Glen Dr Hazel Green, AL	3.0	2.0	1336	$1,595	$1.19	15d	1	1.02mi
206 Hailey May Ct Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	15d	1	1.09mi
202 Hailey May Ct Hazel Green, AL	4.0	2.5	1727	$1,645	$0.95	24d	1	1.12mi
203 Hailey May Ct Hazel Green, AL	4.0	2.0	1797	$1,695	$0.94	24d	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	1.16mi
106 London Calvin Way Hazel Green, AL	4.0	2.0	1797	$1,684	$0.94	45d	1	1.17mi
115 London Calvin Way Hazel Green, AL	4.0	2.5	1971	$1,734	$0.88	45d	1	1.17mi
104 London Calvin Way Hazel Green, AL	4.0	2.5	1971	$1,745	$0.89	24d	1	1.17mi
102 London Calvin Way Hazel Green, AL	4.0	2.5	1924	$1,745	$0.91	24d	1	1.18mi
149 Hazel Trce Hazel Green, AL	3.0	2.0	1628	$1,695	$1.04	15d	1	1.28mi

Listing history 22 events

1. 2026-06-18
   days on market $321,900 Active 97 DOM
2. 2026-06-17
   days on market $321,900 Active 96 DOM
3. 2026-06-16
   days on market $321,900 Active 95 DOM
4. 2026-06-15
   days on market $321,900 Active 94 DOM
5. 2026-06-14
   days on market $321,900 Active 92 DOM
6. 2026-06-10
   days on market $321,900 Active 89 DOM
7. 2026-06-09
   days on market $321,900 Active 88 DOM
8. 2026-06-08
   days on market $321,900 Active 87 DOM
9. 2026-06-07
   days on market $321,900 Active 86 DOM
10. 2026-06-02
    days on market $321,900 Active 81 DOM
11. 2026-06-01
    days on market $321,900 Active 80 DOM
12. 2026-05-31
    days on market $321,900 Active 79 DOM
13. 2026-05-30
    days on market $321,900 Active 78 DOM
14. 2026-03-13
    listed $321,900 Active 565-char remark

    Show marketing remark (565 chars)

    Charming full brick home located in a quiet neighborhood offering comfort and style. This well-maintained property features 3 spacious bedrooms and 2 bathrooms with a functional layout perfect for everyday living. Enjoy a welcoming atmosphere with natural light throughout. Home includes blinds and a refrigerator, making it move-in ready. Ideal for first-time buyers, downsizers, or investors looking for a solid property. Conveniently located near local amenities, shopping, and dining. Don’t miss this opportunity to own a great home in a peaceful setting.

15. 2024-02-20
    soldstatus $316,000
16. 2024-02-16
    soldstatus $316,000 Sold 409-char remark

    Show marketing remark (409 chars)

    ***OPEN HOUSE ON 11/15 @ 4-6PM*** ASSUMABLE MORTGAGE @ 5.375%** Nestled in a quiet neighborhood, this delightful full brick house exudes timeless charm and offers the perfect blend of comfort and style. With three spacious bedrooms, two modern bathrooms, blinds, and a refrigerator, this appealing boho chic is an ideal gem for your family or those seeking a serene oasis. Schedule your private showing today.

17. 2024-01-23
    historical Contingent 409-char remark

    Show marketing remark (409 chars)

    ***OPEN HOUSE ON 11/15 @ 4-6PM*** ASSUMABLE MORTGAGE @ 5.375%** Nestled in a quiet neighborhood, this delightful full brick house exudes timeless charm and offers the perfect blend of comfort and style. With three spacious bedrooms, two modern bathrooms, blinds, and a refrigerator, this appealing boho chic is an ideal gem for your family or those seeking a serene oasis. Schedule your private showing today.

18. 2023-09-18
    listed $319,000 Active 409-char remark

    Show marketing remark (409 chars)

    ***OPEN HOUSE ON 11/15 @ 4-6PM*** ASSUMABLE MORTGAGE @ 5.375%** Nestled in a quiet neighborhood, this delightful full brick house exudes timeless charm and offers the perfect blend of comfort and style. With three spacious bedrooms, two modern bathrooms, blinds, and a refrigerator, this appealing boho chic is an ideal gem for your family or those seeking a serene oasis. Schedule your private showing today.

19. 2022-09-09
    soldstatus $307,167 Sold
20. 2022-02-10
    historical
21. 2022-02-10
    listed $307,167
22. 2022-02-04
    listed $303,375 Active

ⓘ 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: $1,020 · $85/mo
• Projected year-2 tax: $1,320 · $110/mo
• Expected delta: +$300/yr (+$25/mo · 29.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,402
• − Mortgage interest: −$18,031
• − Property taxes: −$1,020
• − Insurance: −$1,610
• − Repairs & maintenance: −$1,632
• − Management: −$1,632
• − Depreciation: −$9,364
• Taxable loss: −$12,887
• Est. tax savings @ 24.0%: +$3,093
• After-tax cash flow: $-3,675/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

+6.1% since first listed

9 events — show timeline

• 2026-03-13 Listed $321,900 VMLS
• 2024-02-20 Sold (Public Records) $316,000 Public Records
• 2024-02-16 Sold (MLS) $316,000 VMLS
• 2024-01-23 Contingent — VMLS
• 2023-09-18 Listed $319,000 VMLS
• 2022-09-09 Sold (MLS) $307,167 VMLS
• 2022-02-10 Delisted — VMLS
• 2022-02-10 Listed $307,167 VMLS
• 2022-02-04 Listed $303,375 VMLS

Property tax history

-55.5%/yr

Latest (2024): $1,020 · -55.5% YoY. Source: county tax records.