421 Saraland Ave · Saraland, AL 36571

$69,900

2 bd · 2.0 ba · 998 sqft · SingleFamily public records · 21 Days on market

Built 1975 3.00 ac lot Est $119k · 41% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.3/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

Key facts

• Metal roof
• Bayou sara creek
• Two-story home

Tags

• 3 ACRES
• SARALAND SCHOOL DISTRICT
• TWO-STORY HOME
• FINISHED BASEMENT
• METAL ROOF
• BAYOU SARA CREEK

Property features AI

Exterior

• Parking: Driveway; Parking for 3 vehicles
• Utilities: Cable available; Electricity available (110V and 220V); Phone available; Public sewer; Water available
• Home design: Single family residence; Residential property
• Construction: Metal roof; Block foundation; Other construction materials
• Exterior features: Creek view; No pool or spa; No fencing; No other structures; No accessibility features listed

Interior

• Kitchen: White cabinets; Country kitchen layout; Open to family room
• Bedrooms: 3 bedrooms
• Flooring: Other
• Bathrooms: 1 full bathroom
• Heating & cooling: Other heating; Ceiling fan(s)
• Interior features: Open floor plan; Country-style kitchen with white cabinets and a view to the family room; Exterior-entry basement

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.5% vs local median 3.9% in Saraland — 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 68/100 on livability (#72 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, health & safety F.
• Saraland City (suburban): math 53% / reading 71% proficiency, ranked #6 of 129 in AL (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Saraland Elementary School (math 71% / reading 82%, grade A, #12 of 627 statewide, top 2%, 958 students, 49% FRL); Saraland High School (math 34% / reading 48%, grade F, #31 of 305 statewide, top 10%, 1,096 students, 50% FRL).
• Market conditions: 173 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $483 of loan paydown is wiped out by about $2k 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 $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; list at $70k implies a 133% 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 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $68,851 (1.5% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.66% ✓
• Cap rate: 14.50%
• Cash-on-cash: 29.30%
• DSCR: 2.30
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $118,762
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
228 Shelton Beach Rd	0.74mi	3/1.0 (+1)	1,051 (+5%)	5mo	$125,000	$119	44

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: 23.7%
• Equity multiple: 1.98×
• Total profit: $19,099
• Equity at exit: $10,422

10-year hold

• IRR: 31.6%
• Equity multiple: 3.85×
• Total profit: $55,783
• Equity at exit: $6,044

Cash invested: $19,572 (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 36571

• Home prices YoY: -13.1%
• Active inventory: 173
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,162 high
• Mortgage (P&I): −$367
• Tax from tax record: −$44 /mo · $532/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $478

Break-even live

Break-even rent $557

Max offer price $69,900

Occupancy floor 54%

Sensitivity live

Price	-10% $517	-5% $498	+0% $478	+5% $458	+10% $438
Rent	-10% $386	-5% $432	+0% $478	+5% $524	+10% $570
Rate	-1.0pp $513	-0.5pp $496	base $478	+0.5pp $460	+1.0pp $441

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 McKeough Ave Unit 1704 Saraland, AL	1.0	1.0	677	$965	$1.43	14d	1	1.26mi
100 McKeough Ave Unit 404 Saraland, AL	2.0	2.0	950	$1,195	$1.26	14d	1	1.26mi
100 McKeough Ave Apt 1501 Saraland, AL	2.0	1.0	877	$1,105	$1.26	21d	1	1.26mi
100 McKeough Ave Unit 1407 Saraland, AL	1.0	1.0	677	$965	$1.43	21d	1	1.26mi
100 McKeough Ave Unit 508 Saraland, AL	2.0	2.0	950	$1,195	$1.26	44d	1	1.26mi
16 Glass St Unit A Saraland, AL	3.0	1.0	1000	$1,175	$1.18	14d	1	1.45mi

Listing history 25 events

1. 2026-06-18
   days on market $69,900 Active 21 DOM
2. 2026-06-17
   days on market $69,900 Active 20 DOM
3. 2026-06-16
   days on market $69,900 Active 19 DOM
4. 2026-06-15
   days on market $69,900 Active 18 DOM
5. 2026-06-14
   days on market $69,900 Active 16 DOM
6. 2026-06-13
   days on market $69,900 Active 15 DOM
7. 2026-06-10
   days on market $69,900 Active 13 DOM
8. 2026-06-09
   days on market $69,900 Active 12 DOM
9. 2026-06-08
   days on market $69,900 Active 11 DOM
10. 2026-06-07
    pricedays on market $69,900 Active 10 DOM
11. 2026-06-03
    days on market $75,000 Active 6 DOM
12. 2026-06-02
    days on market $75,000 Active 5 DOM
13. 2026-06-01
    days on market $75,000 Active 4 DOM
14. 2026-05-31
    days on market $75,000 Active 3 DOM
15. 2026-05-30
    days on market $75,000 Active 2 DOM
16. 2026-05-29
    listed $75,000 Active
17. 2023-09-15
    soldstatus $30,000 Closed 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

18. 2023-08-15
    status Pending 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

19. 2023-08-09
    price $34,900 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

20. 2023-06-21
    price $36,700 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

21. 2023-05-12
    status Active 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

22. 2023-04-18
    historical 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

23. 2022-10-20
    listed $39,900 Active 284-char remark

    Show marketing remark (284 chars)

    One story cottage. One bed and bath. Living Room and Den. Den could be used as a second bedroom, just no closet. Sloping lot. House needs repairs. Couple of rooms downstairs that are unfinished and acces is from the back side of the house. Alabama Right of redemption may apply.

24. 2022-08-02
    historical
25. 2022-03-15
    listed $49,900 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: $532 · $44/mo
• Projected year-2 tax: $532 · $44/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 4/10 Moderate FEMA zone X (shaded) · 21% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 20 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: $13,942
• − Mortgage interest: −$3,915
• − Property taxes: −$532
• − Insurance: −$350
• − Repairs & maintenance: −$1,115
• − Management: −$1,115
• − Depreciation: −$2,033
• Taxable income: $4,881
• Est. tax owed @ 24.0%: −$1,171
• After-tax cash flow: $4,563/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: Saraland City
• NCES district ID: 0100185
• Math proficiency: 53% ▼ -16.00%
• Reading proficiency: 71% ▲ 7.00%
• Median HH income: $51,173
• Composite: 52.78/100
• National rank: #1539
• State rank: #6 of 129 in AL

Livability — Saraland

• Score: 68/100
• State rank: #72
• US rank: #9880

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Saraland, AL
• County: Mobile County · 246,577 people
• City population: 17,143
• Metro: Mobile, AL
• Population (ZIP): 17,143
• Household income: $62,047
• Rent vs Own: 20.7% rent · 79.3% own
• Severe rent burden: 432.0

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: Predominantly White (79%)
• Race & ethnicity: White 79% Black 16% Two or more races 3%
• Common ancestry: Italian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 1% · China

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: ▼ -37.39%
• Current HPI: 247.8527
• Rent YoY: —
• 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

+50.3% since first listed

10 events — show timeline

• 2026-05-29 Listed $75,000 GCMLS AL
• 2023-09-15 Sold (MLS) $30,000 GCMLS AL
• 2023-08-15 Pending — GCMLS AL
• 2023-08-09 Price Changed $34,900 GCMLS AL
• 2023-06-21 Price Changed $36,700 GCMLS AL
• 2023-05-12 Relisted — GCMLS AL
• 2023-04-18 Delisted — GCMLS AL
• 2022-10-20 Listed $39,900 GCMLS AL
• 2022-08-02 Delisted — BCAR
• 2022-03-15 Listed $49,900 BCAR

Property tax history

+0.4%/yr

Latest (2025): $532 · -0.4% YoY. Source: county tax records.