4236 Everett Rd · Prichard, AL 36613

$29,000

2 bd · 1.0 ba · 1,381 sqft · SingleFamily public records · 49 Days on market

Built 1982 0.87 ac lot $21/sqft · 74% below area ↓ 37% since listing

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Why this score? — see what drove the B- 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Investor special priced to sell! This 3-bedroom, 1-bath property offers great potential with a bit of rehab and TLC. Whether you’re looking to fix and flip or add a solid performer to your rental portfolio, this is a fantastic opportunity. Located in a quiet neighborhood, the home provides a peaceful setting while still being convenient to local amenities. With the right vision and updates, this property could truly shine. Don’t miss out on this value-packed investment!

Key facts

• 0.87 acre lot
• Parking
• Built 1982

Property features AI

Exterior

• Parking: Driveway with parking for 1 vehicle
• Utilities: Public sewer; Electric service: Other; No listed utilities
• Home design: Residential single family home
• Construction: Frame construction; Shingle roof; Other roof material; Pillar/Post/Pier foundation; Built in 1982
• Exterior features: No notable exterior features; No fencing; View available

Interior

• Kitchen: Other appliances
• Bedrooms: 3 bedrooms
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom; 0 half bathrooms
• Heating & cooling: No central heating; Window unit(s) for cooling
• Interior features: Other interior features; No fireplace
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $29k.

Deal economics

• At list price, monthly cash flow is $501 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($895 rent vs $29k).
• Recommended offer: $28k (3.0% below list) — sets the bar for market timing.
• Cap rate 27.0% vs local median 11.4% in Prichard — 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 54/100 on livability (#472 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
• 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.
• Zoned schools: Mattie T Blount High School (math 2% / reading 3%, grade F, #291 of 305 statewide, top 100%, 1,176 students, 86% FRL) — zoned schools average 86% FRL vs 67% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 2% at this address vs 27% district-wide (-24 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
• Market conditions: 92 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% 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 $200 of loan paydown is wiped out by about $870 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 + 3.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($28k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $28,130 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 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. 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?
4. 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?
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: 3.09% ✓
• Cap rate: 27.03%
• Cash-on-cash: 74.05%
• DSCR: 4.29
• GRM: 2.7

CMA / ARV

• ARV (median comp): $112,541
• List price: $29,000
• Delta: -74.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2818 Bettye F Johnson St	0.33mi	3/2.0 (+1)	1,565 (+13%)	8mo	$155,000	$99	47
2511 Herman B Towner St	0.42mi	3/2.0 (+1)	1,580 (+14%)	8mo	$172,000	$109	40
2311 Shelton Beach Rd S	0.35mi	3/2.0 (+1)	1,571 (+14%)	18mo	$191,800	$122	37
1722 Daniels Ave	0.73mi	3/1.0 (+1)	1,188 (-14%)	11mo	$25,000	$21	28

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 73.9%
• Equity multiple: 4.35×
• Total profit: $27,230
• Equity at exit: $4,324

10-year hold

• IRR: 77.7%
• Equity multiple: 8.99×
• Total profit: $64,873
• Equity at exit: $2,507

Cash invested: $8,120 (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 36613

• Home prices YoY: -23.9%
• Active inventory: 92
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $895 medium
• Mortgage (P&I): −$152
• Tax from tax record: −$42 /mo · $503/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$188
• Net cashflow: $501

Break-even live

Break-even rent $261

Max offer price $29,000

Occupancy floor 39%

Sensitivity live

Price	-10% $517	-5% $509	+0% $501	+5% $493	+10% $485
Rent	-10% $430	-5% $466	+0% $501	+5% $536	+10% $572
Rate	-1.0pp $516	-0.5pp $508	base $501	+0.5pp $494	+1.0pp $486

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: $7,250
• Closing costs: $870
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1701 Bear Fork Rd Unit 2 Mobile, AL	2.0	2.0	1064	$875	$0.82	44d	1	0.81mi
1701 Bear Fork Rd Unit 7 Mobile, AL	3.0	2.0	1064	$950	$0.89	44d	1	0.81mi
3427 Stovall St Mobile, AL	3.0	1.0	1025	$850	$0.83	21d	1	1.02mi

Listing history 20 events

1. 2026-06-18
   days on market $29,000 Active 49 DOM
2. 2026-06-17
   days on market $29,000 Active 48 DOM
3. 2026-06-16
   price $29,000 Active 47 DOM
4. 2026-06-16
   days on market $33,000 Active 47 DOM
5. 2026-06-15
   days on market $33,000 Active 46 DOM
6. 2026-06-14
   days on market $33,000 Active 44 DOM
7. 2026-06-13
   pricedays on market $33,000 Active 43 DOM
8. 2026-06-10
   days on market $43,000 Active 41 DOM
9. 2026-06-09
   days on market $43,000 Active 40 DOM
10. 2026-06-08
    days on market $43,000 Active 39 DOM
11. 2026-06-07
    pricedays on market $43,000 Active 38 DOM
12. 2026-06-05
    pricedays on market $55,000 Active 35 DOM
13. 2026-06-03
    days on market $59,900 Active 34 DOM
14. 2026-06-02
    days on market $59,900 Active 33 DOM
15. 2026-06-01
    days on market $59,900 Active 32 DOM
16. 2026-05-31
    days on market $59,900 Active 31 DOM
17. 2026-05-30
    days on market $59,900 Active 30 DOM
18. 2026-05-18
    price $70,000 495-char remark
19. 2026-04-30
    listed $75,000 Active 495-char remark
20. 2020-08-28
    soldstatus $46,000

ⓘ 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: $503 · $42/mo
• Projected year-2 tax: $503 · $42/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,741
• − Mortgage interest: −$1,624
• − Property taxes: −$503
• − Insurance: −$145
• − Repairs & maintenance: −$859
• − Management: −$859
• − Depreciation: −$844
• Taxable income: $5,907
• Est. tax owed @ 24.0%: −$1,418
• After-tax cash flow: $4,595/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 — Prichard

• Score: 54/100
• State rank: #472
• US rank: #24080

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prichard, AL
• City population: 13,402
• Population (ZIP): 12,082

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: Majority Black (52%)
• Race & ethnicity: Black 52% White 44% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 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: ▼ -65.49%
• Current HPI: 208.8677
• Rent YoY: —
• Metro: —
• 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

-37.0% since first listed

8 events — show timeline

• 2026-06-16 Price Changed $29,000 GCMLS AL
• 2026-06-10 Price Changed $33,000 GCMLS AL
• 2026-06-05 Price Changed $43,000 GCMLS AL
• 2026-06-03 Price Changed $55,000 GCMLS AL
• 2026-05-27 Price Changed $59,900 GCMLS AL
• 2026-05-18 Price Changed $70,000 GCMLS AL
• 2026-04-30 Listed $75,000 GCMLS AL
• 2020-08-28 Sold (Public Records) $46,000 Public Records

Property tax history

+0.1%/yr

Latest (2025): $503 · +1.7% YoY. Source: county tax records.