20129 Clover Field Ln · Summerdale, AL 36535

$269,490

4 bd · 2.0 ba · 1,732 sqft · SingleFamily · 1 Days on market

Built 2026 Good condition 7,700 sqft lot $156/sqft · 35% below area Est $418k · 35% under $44/mo HOA · 2% of rent

---

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 +15.0/15.0
• Cash flow +7.5/30.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Livability +2.9/5.0
• 1% rule +2.4/10.0
• DSCR +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

Key facts

• Quartz countertops
• Owner's suite
• 7,700 sq ft lot

Tags

• OPEN-CONCEPT LIVING AREA
• OWNER'S SUITE
• QUARTZ COUNTERTOPS
• 42 INCH KITCHEN CABINETS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $269k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-338 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $221k (18.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (26.3% below list).
• Recommended offer: $199k (26.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#384 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools D-, crime F, amenities F.
• Baldwin County (rural): math 33% / reading 57% proficiency, ranked #18 of 129 in AL (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.8%/yr); 875 active listings in the ZIP; 3,883 units permitted in Baldwin County in 2024 (481 in 5+ unit buildings).
• This rent runs 36% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Baldwin County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 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: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $198,511 (26.3% 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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?
7. 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.
8. 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.
9. 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: 0.74% ✗
• Cap rate: 4.79%
• Cash-on-cash: -5.38%
• DSCR: 0.76
• GRM: 11.3

CMA / ARV

• ARV (median comp): $417,765
• List price: $269,490
• Delta: -34.30%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.81% rent growth · sell at horizon

5-year hold

• IRR: -26.8%
• Equity multiple: 0.11×
• Total profit: $-67,498
• Equity at exit: $40,182

10-year hold

• IRR: -29.0%
• Equity multiple: -0.27×
• Total profit: $-95,688
• Equity at exit: $23,301

Cash invested: $75,457 (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 36535

• Home prices YoY: -24.9%
• Rents YoY: 1.8%
• Active inventory: 875
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $1,985 medium
• Mortgage (P&I): −$1,413
• Tax est. 1.5%: −$337 /mo · $4,042/yr
• Insurance: −$112
• HOA: −$44
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $-338

Break-even live

Break-even rent $2,413

Max offer price $220,559

Occupancy floor —

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: $67,372
• Closing costs: $8,085
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $44 · $528/yr

Listing history 10 events

1. 2026-05-16
   price $274,490 409-char remark

   Show marketing remark (409 chars)

   This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

2. 2026-05-15
   price $284,490 409-char remark

   Show marketing remark (769 chars)

   The “Gehrig” floor plan delivers an impressive single-story design with four spacious bedrooms and two well-appointed bathrooms, all centered around a vibrant open-concept living area. The kitchen, family room, and dining space blend effortlessly, creating a warm, welcoming environment perfect for hosting or simply enjoying everyday life. The owner’s suite is set in a private rear corner, offering a peaceful retreat, while three large front bedrooms share a convenient full bath. Modern touches—like quartz countertops and elegant 42" kitchen cabinets—elevate the home’s clean, contemporary feel. Come tour the Gehrig in Sarah Farms today and experience it for yourself. Buyer to verify all information during due diligence.

3. 2026-05-15
   price $274,490 769-char remark

   Show marketing remark (769 chars)

   The “Gehrig” floor plan delivers an impressive single-story design with four spacious bedrooms and two well-appointed bathrooms, all centered around a vibrant open-concept living area. The kitchen, family room, and dining space blend effortlessly, creating a warm, welcoming environment perfect for hosting or simply enjoying everyday life. The owner’s suite is set in a private rear corner, offering a peaceful retreat, while three large front bedrooms share a convenient full bath. Modern touches—like quartz countertops and elegant 42" kitchen cabinets—elevate the home’s clean, contemporary feel. Come tour the Gehrig in Sarah Farms today and experience it for yourself. Buyer to verify all information during due diligence.

4. 2026-05-14
   status Active 409-char remark

   Show marketing remark (409 chars)

   This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

5. 2026-05-14
   price $281,490 409-char remark

   Show marketing remark (409 chars)

   This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

6. 2026-05-09
   listed $279,490 Active 769-char remark

   Show marketing remark (769 chars)

   The “Gehrig” floor plan delivers an impressive single-story design with four spacious bedrooms and two well-appointed bathrooms, all centered around a vibrant open-concept living area. The kitchen, family room, and dining space blend effortlessly, creating a warm, welcoming environment perfect for hosting or simply enjoying everyday life. The owner’s suite is set in a private rear corner, offering a peaceful retreat, while three large front bedrooms share a convenient full bath. Modern touches—like quartz countertops and elegant 42" kitchen cabinets—elevate the home’s clean, contemporary feel. Come tour the Gehrig in Sarah Farms today and experience it for yourself. Buyer to verify all information during due diligence.

7. 2026-04-18
   historical 409-char remark

   Show marketing remark (409 chars)

   This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

8. 2026-04-18
   status Pending

   Show marketing remark (409 chars)

   This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

9. 2026-04-17
   listed $269,490 Active
10. 2026-04-14
    listed $269,490 Active 409-char remark

    Show marketing remark (409 chars)

    This new four-bedroom home offers convenient single-story living. An inviting open-concept floorplan encourages simple transitions and multitasking between the kitchen, dining room and family room. Three bedrooms are located near the front of the home, just steps from a full bathroom, and a luxurious owner's suite is nestled into a private rear corner, complete with an en-suite bathroom and walk-in closet.

ⓘ 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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,821
• − Mortgage interest: −$15,096
• − Property taxes: −$4,042
• − Insurance: −$1,347
• − Repairs & maintenance: −$1,906
• − Management: −$1,906
• − HOA: −$528
• − Depreciation: −$7,840
• Taxable loss: −$8,843
• Est. tax savings @ 24.0%: +$2,122
• After-tax cash flow: $-1,935/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

The home is in good condition with modern finishes and a well-maintained exterior. Minor updates to the exterior and interior could significantly enhance its value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Both New flooring in bathrooms — Modernizes spaces and improves functionality
• Both New kitchen appliances — Modernizes kitchen and improves functionality

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both New flooring in bathrooms — Modernizes spaces and improves functionality ↑
• Both New kitchen appliances — Modernizes kitchen and improves functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Baldwin County
• NCES district ID: 0100270
• Math proficiency: 33% ▼ -26.00%
• Reading proficiency: 57% ▲ 1.00%
• Median HH income: $50,677
• Composite: 38.61/100
• National rank: #4157
• State rank: #18 of 129 in AL

Livability — Summerdale

• Score: 57/100
• State rank: #384
• US rank: #21872

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Baldwin County · 181,514 people
• City population: 7,025
• Metro: Daphne-Fairhope-Foley, AL
• Population (ZIP): 40,628
• Household income: $66,714
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 803.0

Population outlook (Baldwin County) Hauer SSP2

• Today (2025): 248,264 people
• By 2030: 270,315 · +8.9%
• By 2040: 312,967 · +26.1%
• By 2050: 352,262 · +41.9%
• By 2075: 438,841 · +76.8%
• By 2100: 487,736 · +96.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 10% Two or more races 8% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Baldwin

• 2024 margin: Solid R (+58.2) · D 20.5% · R 78.7%
• 2008→2024 swing: -6.7pp toward R · 2008: -51.5pp · 2024: -58.2pp
• All cycles: 2024: R+58.2 2020: R+53.8 2016: R+57.8 2012: R+55.8 2008: R+51.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.82%
• Current HPI: 262.2796
• Rent YoY: ▲ 1.81%
• Metro: Daphne-Fairhope-Foley, 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

+1.9% since first listed

10 events — show timeline

• 2026-05-16 Price Changed $274,490 Zillow
• 2026-05-15 Price Changed $284,490 Zillow
• 2026-05-15 Price Changed $274,490 BCAR
• 2026-05-14 Price Changed $281,490 Zillow
• 2026-05-14 Relisted — Zillow
• 2026-05-09 Listed $279,490 BCAR
• 2026-04-18 Delisted — Zillow
• 2026-04-18 Pending — BCAR
• 2026-04-17 Listed $269,490 BCAR
• 2026-04-14 Listed $269,490 Zillow