6756 Victor Rd · Mobile, AL 36608

$109,900

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 13 Days on market

Built 2004 8,712 sqft lot $127/sqft · 27% above area Est $86k · 27% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +7.5/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

Key facts

• New plumbing
• Fresh paint
• Ceramic tile

Tags

• LOW MAINTENANCE PROPERTY
• RENTAL INCOME
• NEW LUXURY VINYL PLANK
• CERAMIC TILE
• FRESH PAINT
• NEW PLUMBING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $411 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Cap rate 10.8% vs local median 4.9% in Mobile — 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 (#20 in AL, #4,262 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D-, crime F, employment D-.
• Mobile County (urban): math 15% / reading 39% proficiency, ranked #81 of 129 in AL (top 63%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.2%/yr); 338 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $760 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 6.2% rent growth), your $31k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 3y 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 $50k; list at $110k implies a 120% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.25% ✓
• Cap rate: 10.78%
• Cash-on-cash: 16.01%
• DSCR: 1.71
• GRM: 6.6

CMA / ARV

• ARV (median comp): $86,483
• List price: $109,900
• Delta: 27.08%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6756 Victor Rd	0.00mi	3/1.0	864 (0%)	0mo	$75,000	$87	100
6804 Stinson Ct	0.07mi	3/1.0	864 (0%)	8mo	$52,000	$60	90
6655 Devander Dr	0.24mi	3/1.0	864 (0%)	2mo	$105,000	$122	87
1205 ALETHEA Ave	0.16mi	3/1.0	864 (0%)	9mo	$60,000	$69	85
1108 Rhett Dr	0.39mi	3/0.5	864 (0%)	3mo	$125,000	$145	78
1211 Barker Dr E	0.49mi	3/1.0	864 (0%)	5mo	$16,500	$19	73
6466 Stuardi Ct	0.38mi	3/1.0	864 (0%)	13mo	$112,500	$130	71
6455 Tanner St	0.48mi	3/1.0	864 (0%)	13mo	$105,000	$122	67
6755 Victor Rd	0.04mi	3/1.0	952 (+10%)	18mo	$149,900	$157	66
6451 S Barker Dr	0.54mi	3/1.0	866 (+0%)	10mo	$92,000	$106	66
1358 Barker Dr E	0.50mi	3/1.0	991 (+15%)	12mo	$75,000	$76	42
7057 Langdon Dr	0.62mi	2/2.0 (-1)	936 (+8%)	18mo	$108,500	$116	33

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 · 6.15% rent growth · sell at horizon

5-year hold

• IRR: 10.2%
• Equity multiple: 1.42×
• Total profit: $12,820
• Equity at exit: $16,386

10-year hold

• IRR: 21.6%
• Equity multiple: 3.09×
• Total profit: $64,446
• Equity at exit: $9,502

Cash invested: $30,772 (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 36608

• Rents YoY: 6.2%
• Active inventory: 338
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,378 high
• Mortgage (P&I): −$576
• Tax from tax record: −$56 /mo · $672/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $411

Break-even live

Break-even rent $858

Max offer price $109,900

Occupancy floor 65%

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6807 Victor Rd Mobile, AL	3.0	1.0	1100	$1,350	$1.23	43d	1	0.06mi
1255 Amelia Ave Mobile, AL	3.0	1.0	1000	$1,400	$1.40	43d	1	0.18mi
1209 Skipper Dr Mobile, AL	3.0	1.0	864	$1,150	$1.33	21d	1	0.28mi
1253 Athey Rd Mobile, AL	3.0	2.0	1100	$1,500	$1.36	13d	1	0.29mi
1108 Rhett Dr Mobile, AL	3.0	1.0	864	$1,450	$1.68	43d	1	0.38mi
1165 Barker Dr W Mobile, AL	3.0	1.0	900	$950	$1.06	21d	1	0.41mi
1305 Middle Ring Rd Mobile, AL	3.0	1.0	1100	$1,400	$1.27	43d	1	0.52mi
6725 Zeigler Blvd Mobile, AL	1.0–2.0	1.0	850	$1,282	$1.51	13d	7	0.59mi
7055 Langdon Dr Mobile, AL	3.0	1.0	864	$1,100	$1.27	43d	1	0.63mi
1728 Tew Dr Mobile, AL	2.0	1.0	912	$995	$1.09	43d	1	0.93mi

Listing history 11 events

1. 2026-05-08
   status Pending 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

2. 2026-05-07
   status Active 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

3. 2026-04-30
   status Pending 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

4. 2026-04-21
   status Active 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

5. 2026-03-13
   status Pending 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

6. 2026-03-13
   historical 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

7. 2026-03-10
   listed $109,900 Active 536-char remark

   Show marketing remark (536 chars)

   Very low maintenance property that is generating $1,281 / month in rental income! This property is under the affordable housing program as well! The property features all new luxury vinyl plank inside as well as having ceramic tile in the wet areas. It has fresh paint on the inside and out, new plumbing and electrical fixtures and stainless steel stove a hood vent. House is rented, appointment required. This property can also be purchased as a package with 11 other occupied rental houses. Buy all of them or pick and choose.

8. 2023-12-26
   historical $1,100
9. 2023-10-27
   price $1,100
10. 2023-08-16
    listed $1,200
11. 2020-11-06
    soldstatus $50,000

ⓘ 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: $672 · $56/mo
• Projected year-2 tax: $672 · $56/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 6 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,538
• − Mortgage interest: −$6,156
• − Property taxes: −$672
• − Insurance: −$550
• − Repairs & maintenance: −$1,323
• − Management: −$1,323
• − Depreciation: −$3,197
• Taxable income: $3,317
• Est. tax owed @ 24.0%: −$796
• After-tax cash flow: $4,131/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: Mobile County
• NCES district ID: 0102370
• Math proficiency: 15% ▼ -28.00%
• Reading proficiency: 39% ▬ 0.00%
• Median HH income: $42,455
• Composite: 22.9/100
• National rank: #8002
• State rank: #81 of 129 in AL

Livability — Mobile

• Score: 75/100
• State rank: #20
• US rank: #4262

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mobile, AL
• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 38,890
• Household income: $61,146
• Rent vs Own: 45.8% rent · 54.2% own
• Severe rent burden: 1823.0

Population outlook (Mobile County) Hauer SSP2

• Today (2025): 415,303 people
• By 2030: 411,755 · -0.9%
• By 2040: 399,670 · -3.8%
• By 2050: 382,616 · -7.9%
• By 2075: 337,353 · -18.8%
• By 2100: 283,391 · -31.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 56% Black 35% Two or more races 4% Hispanic / Latino 4% Asian 2%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 2% Arabic 1% Other Indo-European 1%

Political lean MEDSL · Mobile

• 2024 margin: R (+16.4) · D 41.3% · R 57.7%
• 2008→2024 swing: -7.7pp toward R · 2008: -8.7pp · 2024: -16.4pp
• All cycles: 2024: R+16.4 2020: R+11.9 2016: R+13.9 2012: R+9.3 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -224.52%
• Current HPI: 198.9469
• Rent YoY: ▲ 6.15%
• Metro: Mobile, 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

+119.8% since first listed

11 events — show timeline

• 2026-05-08 Pending — GCMLS AL
• 2026-05-07 Relisted — GCMLS AL
• 2026-04-30 Pending — GCMLS AL
• 2026-04-21 Relisted — GCMLS AL
• 2026-03-13 Pending — GCMLS AL
• 2026-03-13 Delisted — GCMLS AL
• 2026-03-10 Listed $109,900 GCMLS AL
• 2023-12-26 Rental Removed $1,100 APPFOLIO
• 2023-10-27 Price Changed $1,100 APPFOLIO
• 2023-08-16 Listed for Rent $1,200 APPFOLIO
• 2020-11-06 Sold (Public Records) $50,000 Public Records

Property tax history

+4.3%/yr

Latest (2025): $672 · +5.6% YoY. Source: county tax records.