24316 Precious Dr · Robertsdale, AL 36551

$139,900

2 bd · 2.0 ba · 870 sqft · SingleFamily public records · 25 Days on market

Built 2016 4,982 sqft lot

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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 +26.0/30.0
• DSCR +8.8/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Schools +3.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home, to this beautiful 2016 mobile home. It features a breath-taking built in porch! Stepping in to this home, you will notice a generous size living room and a lovely open kitchen with all black appliances. It features 2 bedrooms 2 bathrooms. Large master room with master bathroom. One owner!

Key facts

• Standup shower
• Soaking tub
• Large walk in closet

Tags

• CULDESAC
• LARGE WALK IN CLOSET
• SPACIOUS BATH
• STANDUP SHOWER
• SOAKING TUB
• FENCED BACKYARD

Property features AI

Finance

• Other: Mineral rights: All rights reserved; Listing broker: Skipper Realty, LLC
• HOA & community: No transfer fees; No community features listed

Exterior

• Utilities: Water service: Robertsdale Utilities; Electric service: Baldwin EMC
• Home design: Single-story (one level); Resale property; Whole ownership
• Construction: Vinyl siding; Composition roof; Pillar/post/pier foundation; Building area approx. 960 square feet
• Exterior features: Fenced yard; Less than 1 acre lot; No waterfront

Interior

• Kitchen: Kitchen approx. 15' x 12'; Dishwasher; Microwave; Electric range; Refrigerator
• Bedrooms: Primary bedroom on 1st floor; Primary bedroom approx. 13' x 13'; Second bedroom approx. 9' x 9'
• Flooring: Carpet; Vinyl
• Bathrooms: Two full bathrooms; Primary bathroom with soaking tub and separate shower
• Heating & cooling: Central heating; Central electric cooling
• Interior features: No fireplace; Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $350 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 3.4% in Robertsdale — 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 58/100 on livability (#371 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-; Watch: employment C-, amenities F, commute 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.
• Zoned schools: Robertsdale Elementary School (math 25% / reading 51%, grade F, #263 of 627 statewide, top 42%, 1,056 students, 73% FRL); Central Baldwin Middle School (math 17% / reading 49%, grade F, #101 of 257 statewide, top 40%, 757 students, 74% FRL); Robertsdale High School (math 34% / reading 34%, grade F, #53 of 305 statewide, top 18%, 1,450 students, 64% FRL) — zoned schools average 70% FRL vs 38% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 166 active listings in the ZIP; 3,883 units permitted in Baldwin County in 2024 (481 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k 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

• It's been on market 25 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $62k; list at $140k implies a 126% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $137,801 (1.5% below list)

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. 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: 1.07% ✓
• Cap rate: 9.29%
• Cash-on-cash: 10.72%
• DSCR: 1.48
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -0.3%
• Equity multiple: 0.99×
• Total profit: $-443
• Equity at exit: $20,860

10-year hold

• IRR: 9.3%
• Equity multiple: 1.72×
• Total profit: $28,078
• Equity at exit: $12,096

Cash invested: $39,172 (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 36551

• Home prices YoY: -19.6%
• Active inventory: 166
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,503 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$46 /mo · $549/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $350

Break-even live

Break-even rent $1,060

Max offer price $139,900

Occupancy floor 72%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-15
   days on market $139,900 Active 25 DOM
2. 2026-06-14
   days on market $139,900 Active 23 DOM
3. 2026-06-13
   days on market $139,900 Active 22 DOM
4. 2026-06-10
   days on market $139,900 Active 20 DOM
5. 2026-06-09
   days on market $139,900 Active 19 DOM
6. 2026-06-08
   days on market $139,900 Active 18 DOM
7. 2026-06-07
   days on market $139,900 Active 17 DOM
8. 2026-06-05
   pricedays on market $139,900 Active 14 DOM
9. 2026-06-03
   days on market $149,900 Active 13 DOM
10. 2026-06-02
    days on market $149,900 Active 12 DOM
11. 2026-06-01
    days on market $149,900 Active 11 DOM
12. 2026-05-31
    days on market $149,900 Active 10 DOM
13. 2026-05-30
    days on market $149,900 Active 9 DOM
14. 2026-05-21
    listed $149,900 Active
15. 2020-07-30
    soldstatus $62,000 304-char remark

    Show marketing remark (304 chars)

    Welcome home, to this beautiful 2016 mobile home. It features a breath-taking built in porch! Stepping in to this home, you will notice a generous size living room and a lovely open kitchen with all black appliances. It features 2 bedrooms 2 bathrooms. Large master room with master bathroom. One owner!

16. 2020-02-05
    listed $67,500 304-char remark

    Show marketing remark (304 chars)

    Welcome home, to this beautiful 2016 mobile home. It features a breath-taking built in porch! Stepping in to this home, you will notice a generous size living room and a lovely open kitchen with all black appliances. It features 2 bedrooms 2 bathrooms. Large master room with master bathroom. One owner!

17. 2019-07-15
    listed $67,500
18. 2017-06-08
    listed $62,900
19. 2016-09-07
    soldstatus $10,000

ⓘ 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: $549 · $46/mo
• Projected year-2 tax: $574 · $48/mo
• Expected delta: +$24/yr (+$2/mo · 4.4%)

ⓘ 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 9/10 Extreme 7 d/yr ≥105°F today · 22 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,039
• − Mortgage interest: −$7,837
• − Property taxes: −$549
• − Insurance: −$700
• − Repairs & maintenance: −$1,443
• − Management: −$1,443
• − Depreciation: −$4,070
• Taxable income: $1,998
• Est. tax owed @ 24.0%: −$479
• After-tax cash flow: $3,719/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: 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 — Robertsdale

• Score: 58/100
• State rank: #371
• US rank: #21424

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 16,095
• Population (ZIP): 12,915

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 (75%)
• Race & ethnicity: White 75% Black 15% Hispanic / Latino 6% Two or more races 3% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 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: ▼ -71.18%
• Current HPI: 291.8584
• 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

+1399.0% since first listed

6 events — show timeline

• 2026-05-21 Listed $149,900 BCAR
• 2020-07-30 Sold (MLS) $62,000 BCAR
• 2020-02-05 Listed $67,500 BCAR
• 2019-07-15 Listed $67,500 BCAR
• 2017-06-08 Listed $62,900 BCAR
• 2016-09-07 Sold (Public Records) $10,000 Public Records

Property tax history

+21.1%/yr

Latest (2025): $549 · +45.0% YoY. Source: county tax records.