2509 Karagan Dr · Mobile, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +15.1/30.0
- ARV discount +7.5/15.0
- DSCR +4.6/10.0
- Rent growth +3.8/5.0
- Livability +3.8/5.0
- 1% rule +3.1/10.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$147,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Everything is NEW, just bring your furniture!! This home has been completely renovated from top to bottom! Move-In Ready and Built for Peace of Mind! Welcome to this beautifully updated 3-bedroom, 1.5-bath home that has been fully gutted and remodeled, offering the rare opportunity to enjoy the feel of a nearly new home without the new construction price tag. With approximately 1,118 square feet of thoughtfully redesigned living space, every detail has been refreshed to deliver comfort, efficiency, and long-term value for the next owner. This renovation goes far beyond cosmetic updates. Major improvements include new ceilings, walls, HVAC system, roof, water heater, flooring, and fresh interior finishes, ensuring that the big-ticket items have already been addressed. From the moment you walk inside, you'll notice the clean lines, updated surfaces, and modern feel that come from a true top-to-bottom renovation, not just a quick refresh. The functional single-story layout offers three comfortable bedrooms and one and a half bathrooms, making daily living simple and practical. Outside, the manageable lot provides space to enjoy without overwhelming maintenance, while the covered carport adds everyday convenience and protection from the elements. Whether you're looking for a primary residence or a low-maintenance property with major systems already replaced, this home delivers confidence, convenience, and value in one complete package. Simply move in and start enjoying the benefits of a fully updated home.
Key facts
- New ceilings
- New walls
- Completely renovated
Tags
Property features AI
Finance
- Other: Directions: From HWY 90, turn onto Pleasant Valley heading south. Take a right onto Halls Mill and a left into Karagan Dr. House is 300 ft on your right.
- HOA & community: No community features; No transfer fees
Exterior
- Parking: Single carport (1 covered space)
- Utilities: Mobile gas service; Electric service by Alabama Power
- Home design: Single-family residence; One story; Resale condition; Owner conveys mineral rights if any; Whole/full ownership
- Construction: Brick construction; Slab foundation
- Exterior features: Composition roof; No waterfront; Lot smaller than 1 acre
Interior
- Kitchen: Electric range; Refrigerator; Breakfast bar
- Bedrooms: Primary bedroom (approx. 10 x 12); Second bedroom (approx. 10 x 12); Third bedroom (approx. 10 x 11)
- Flooring: Vinyl flooring
- Bathrooms: One full bathroom; One half bathroom
- Heating & cooling: Natural gas heating; Has heating
- Interior features: Breakfast bar; Primary bedroom with combined bath (primary bed/bath combo); Living room (approx. 14 x 12); Dining area functions as a breakfast room; Kitchen (approx. 11 x 12); Utility room (approx. 11 x 5)
- Laundry & utility: Utility room (approx. 11 x 5)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $148k.
Deal economics
- At list price, monthly cash flow is $47 ($568/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $120k (18.9% below list).
- Recommended offer: $120k (18.9% below list) — sets the bar for 1% rule.
- Cap rate 6.7% 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: 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.
- Zoned schools: Maryvale Elementary School (math 5% / reading 25%, grade F, #505 of 627 statewide, top 81%, 494 students, 92% FRL); Pillans Middle School (math 2% / reading 17%, grade F, #233 of 257 statewide, top 91%, 537 students, 96% FRL); Lillie B Williamson High School (math 2% / reading 12%, grade F, #273 of 305 statewide, top 89%, 956 students, 94% FRL) — zoned schools average 94% FRL vs 67% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 10% at this address vs 27% district-wide (-16 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+5.1%/yr); 175 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% 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 $1k of loan paydown is wiped out by about $4k 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.
Negotiation context
- It's been on market 32 days — a 3% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
- 2 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 32 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 6.68%
- Cash-on-cash
- 1.37%
- DSCR
- 1.06
- GRM
- 10.3
CMA / ARV
- ARV (on-the-fly)
- $93,912
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2459 Gulf Terra Dr N | 0.07mi | 3/1.0 | 1,094 (-2%) | 3mo | $85,000 | $78 | 89 |
| 2467 Karagan Dr | 0.06mi | 3/1.0 | 1,269 (+14%) | 6mo | $115,000 | $91 | 67 |
| 1100 Mcrae Ave | 0.40mi | 3/1.0 | 1,009 (-10%) | 7mo | $65,000 | $64 | 57 |
| 2513 Pinecliff Ct N | 0.50mi | 3/1.5 | 1,225 (+10%) | 4mo | $133,000 | $109 | 57 |
| 2258 Howell Ave | 0.55mi | 3/1.0 | 1,264 (+13%) | 2mo | $145,000 | $115 | 49 |
| 753 Shannon St | 0.51mi | 3/1.0 | 984 (-12%) | 7mo | $85,000 | $86 | 48 |
| 2275 Howell Ave | 0.52mi | 3/1.5 | 1,260 (+13%) | 8mo | $90,000 | $71 | 48 |
| 2001 Gimon Cir S | 0.70mi | 3/1.0 | 1,204 (+8%) | 8mo | $21,000 | $17 | 45 |
| 1105 Bartran Curv | 0.73mi | 3/1.0 | 1,040 (-7%) | 9mo | $87,250 | $84 | 45 |
| 2560 Howell Ave | 0.58mi | 3/2.0 | 1,272 (+14%) | 7mo | $145,000 | $114 | 42 |
| 1300 Willow Ln | 0.70mi | 3/1.0 | 965 (-14%) | 3mo | $28,000 | $29 | 40 |
| 731 Jemison St | 0.60mi | 2/1.0 (-1) | 951 (-15%) | 2mo | $75,531 | $79 | 39 |
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 · 5.06% rent growth · sell at horizon
- IRR
- -12.1%
- Equity multiple
- 0.55×
- Total profit
- $-18,414
- Equity at exit
- $21,993
- IRR
- -0.5%
- Equity multiple
- 0.96×
- Total profit
- $-1,553
- Equity at exit
- $12,753
Cash invested: $41,300 (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
ZIP-level market 36606
- Rents YoY
- 5.1%
- Active inventory
- 175
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $1,196 high interval (Pro) →
- Mortgage (P&I)
- −$774
- Tax from tax record
- −$63 /mo · $754/yr
- Insurance
- −$61
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$251
- Net cashflow
- $47
Break-even live
Sensitivity live
| Price | -10% $131 | -5% $89 | +0% $47 | +5% $6 | +10% $-36 |
|---|---|---|---|---|---|
| Rent | -10% $-47 | -5% $0 | +0% $47 | +5% $95 | +10% $142 |
| Rate | -1.0pp $122 | -0.5pp $85 | base $47 | +0.5pp $9 | +1.0pp $-30 |
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
- $36,875
- Closing costs
- $4,425
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 37 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2425 Nortons Ln Unit C Mobile, AL | 2.0 | 1.0 | 1050 | $1,200 | $1.14 | 45d | 1 | 0.26mi |
| 2425 Nortons Ln Unit D Mobile, AL | 2.0 | 1.0 | 1050 | $1,100 | $1.05 | 15d | 1 | 0.26mi |
| 900 Courtney St Mobile, AL | 2.0 | 1.0 | 1020 | $1,200 | $1.18 | 45d | 1 | 0.31mi |
| 957 Navco Rd Mobile, AL | 2.0 | 1.5 | 812 | $850 | $1.05 | 23d | 1 | 0.32mi |
| 955 Cloverdale Dr Mobile, AL | 3.0 | 1.5 | 1128 | $1,125 | $1.00 | 45d | 1 | 0.32mi |
| 817 Hawkins St Mobile, AL | 3.0 | 1.0 | 1217 | $1,200 | $0.99 | 45d | 1 | 0.40mi |
| 767 Jemison St Mobile, AL | 2.0 | 1.0 | 850 | $750 | $0.88 | 45d | 1 | 0.54mi |
| 2068 Victory Ct Mobile, AL | 4.0 | 1.0 | 1259 | $1,225 | $0.97 | 45d | 1 | 0.61mi |
| 1302 Navco Rd Mobile, AL | 2.0 | 1.0 | 1009 | $935 | $0.93 | 15d | 13 | 0.69mi |
| 728 Bankhead Pl Mobile, AL | 2.0 | 1.0 | 810 | $675 | $0.83 | 45d | 1 | 0.74mi |
| 2008 W Victory Dr Mobile, AL | 3.0 | 1.0 | 1011 | $1,200 | $1.19 | 45d | 1 | 0.77mi |
| 2904 Pleasant Valley Rd Mobile, AL | 2.0 | 1.0 | 815 | $899 | $1.10 | 45d | 1 | 0.84mi |
| 2456 McLaughlin Dr Mobile, AL | 3.0 | 1.0 | 1405 | $1,300 | $0.93 | 45d | 1 | 0.90mi |
| 618 Clarke St Mobile, AL | 3.0 | 1.0 | 1427 | $1,200 | $0.84 | 45d | 1 | 0.94mi |
| 615 Mohawk St Mobile, AL | 3.0 | 1.0 | 1172 | $1,500 | $1.28 | 45d | 1 | 0.96mi |
| 751 Farnell Ln Mobile, AL | 2.0 | 1.0 | 1100 | $1,400 | $1.27 | 45d | 1 | 0.98mi |
| 1351 Dauphin Island Pkwy Mobile, AL | 3.0 | 1.0 | 992 | $1,095 | $1.10 | 45d | 1 | 1.03mi |
| 461 Magnolia Rd Unit A Mobile, AL | 2.0 | 1.0 | 989 | $825 | $0.83 | 45d | 1 | 1.06mi |
| 2366 White St Unit B Mobile, AL | 2.0 | 1.0 | 900 | $845 | $0.94 | 45d | 1 | 1.07mi |
| 1506 Flowers Dr Unit B Mobile, AL | 2.0 | 1.0 | 1000 | $795 | $0.80 | 23d | 1 | 1.10mi |
| 562 Clarke St Mobile, AL | 2.0 | 1.0 | 1061 | $1,025 | $0.97 | 45d | 1 | 1.10mi |
| 706 Cherokee St Mobile, AL | 3.0 | 1.0 | 1260 | $1,375 | $1.09 | 23d | 1 | 1.11mi |
| 418 Durande Dr Mobile, AL | 3.0 | 2.0 | 1456 | $1,350 | $0.93 | 15d | 1 | 1.16mi |
| 1411 Greenbrier Dr Mobile, AL | 3.0 | 1.0 | 1069 | $995 | $0.93 | 45d | 1 | 1.16mi |
| 3171 Pleasant Valley Rd Mobile, AL | 2.0 | 1.0 | 875 | $800 | $0.91 | 45d | 1 | 1.17mi |
| 611 Dauphin Island Pkwy Mobile, AL | 3.0 | 2.0 | 1450 | $1,300 | $0.90 | 45d | 1 | 1.18mi |
| 400 Westwood St Mobile, AL | 1.0–2.0 | 1.0 | 750 | $1,005 | $1.34 | 45d | 1 | 1.22mi |
| 561 Dauphin Island Pkwy Mobile, AL | 4.0 | 2.0 | 1389 | $1,050 | $0.76 | 45d | 1 | 1.25mi |
| 916 Delmar Dr Mobile, AL | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 15d | 1 | 1.29mi |
| 3210 Pleasant Valley Rd Mobile, AL | 2.0 | 1.0 | 850 | $825 | $0.97 | 45d | 1 | 1.30mi |
| 1466 Darwood Dr Mobile, AL | 3.0 | 1.5 | 1053 | $1,400 | $1.33 | 45d | 1 | 1.32mi |
| 505 Bel Air Blvd Mobile, AL | 1.0–2.0 | 1.0–2.0 | 976 | $1,274 | $1.30 | 15d | 16 | 1.39mi |
| 2359 Vermillion Dr Mobile, AL | 3.0 | 1.0 | 1064 | $895 | $0.84 | 23d | 1 | 1.40mi |
| 1601 Neshota Dr Apt 19 Mobile, AL | 2.0 | 1.0 | 750 | $800 | $1.07 | 45d | 1 | 1.45mi |
| 1601 Neshota Dr Apt 86 Mobile, AL | 3.0 | 1.0 | 880 | $900 | $1.02 | 45d | 1 | 1.45mi |
| 1601 Neshota Dr Mobile, AL | 2.0–3.0 | 1.0 | 815 | $825 | $1.01 | 15d | 7 | 1.45mi |
| 2656 Pathway Pl Mobile, AL | 2.0–3.0 | 1.0 | 778 | $1,261 | $1.62 | 15d | 9 | 1.47mi |
Listing history 16 events
-
2026-06-14statusdays on market $147,500 Pending 32 DOM
-
2026-06-13days on market $147,500 Active 31 DOM
-
2026-06-10pricedays on market $147,500 Active 29 DOM
-
2026-06-09days on market $149,999 Active 28 DOM
-
2026-06-08days on market $149,999 Active 27 DOM
-
2026-06-07days on market $149,999 Active 26 DOM
-
2026-06-05days on market $149,999 Active 23 DOM
-
2026-06-03days on market $149,999 Active 22 DOM
-
2026-06-02days on market $149,999 Active 21 DOM
-
2026-06-01days on market $149,999 Active 20 DOM
-
2026-05-31days on market $149,999 Active 19 DOM
-
2026-05-30days on market $149,999 Active 18 DOM
-
2026-05-01status Pending
Show marketing remark (1533 chars)
Everything is NEW, just bring your furniture!! This home has been completely renovated from top to bottom! Move-In Ready and Built for Peace of Mind! Welcome to this beautifully updated 3-bedroom, 1.5-bath home that has been fully gutted and remodeled, offering the rare opportunity to enjoy the feel of a nearly new home without the new construction price tag. With approximately 1,118 square feet of thoughtfully redesigned living space, every detail has been refreshed to deliver comfort, efficiency, and long-term value for the next owner. This renovation goes far beyond cosmetic updates. Major improvements include new ceilings, walls, HVAC system, roof, water heater, flooring, and fresh interior finishes, ensuring that the big-ticket items have already been addressed. From the moment you walk inside, you'll notice the clean lines, updated surfaces, and modern feel that come from a true top-to-bottom renovation, not just a quick refresh. The functional single-story layout offers three comfortable bedrooms and one and a half bathrooms, making daily living simple and practical. Outside, the manageable lot provides space to enjoy without overwhelming maintenance, while the covered carport adds everyday convenience and protection from the elements. Whether you're looking for a primary residence or a low-maintenance property with major systems already replaced, this home delivers confidence, convenience, and value in one complete package. Simply move in and start enjoying the benefits of a fully updated home.
-
2026-05-01status Pending 1533-char remark
Show marketing remark (1533 chars)
Everything is NEW, just bring your furniture!! This home has been completely renovated from top to bottom! Move-In Ready and Built for Peace of Mind! Welcome to this beautifully updated 3-bedroom, 1.5-bath home that has been fully gutted and remodeled, offering the rare opportunity to enjoy the feel of a nearly new home without the new construction price tag. With approximately 1,118 square feet of thoughtfully redesigned living space, every detail has been refreshed to deliver comfort, efficiency, and long-term value for the next owner. This renovation goes far beyond cosmetic updates. Major improvements include new ceilings, walls, HVAC system, roof, water heater, flooring, and fresh interior finishes, ensuring that the big-ticket items have already been addressed. From the moment you walk inside, you'll notice the clean lines, updated surfaces, and modern feel that come from a true top-to-bottom renovation, not just a quick refresh. The functional single-story layout offers three comfortable bedrooms and one and a half bathrooms, making daily living simple and practical. Outside, the manageable lot provides space to enjoy without overwhelming maintenance, while the covered carport adds everyday convenience and protection from the elements. Whether you're looking for a primary residence or a low-maintenance property with major systems already replaced, this home delivers confidence, convenience, and value in one complete package. Simply move in and start enjoying the benefits of a fully updated home.
-
2026-04-16$149,999 Active 1533-char remark
Show marketing remark (1533 chars)
Everything is NEW, just bring your furniture!! This home has been completely renovated from top to bottom! Move-In Ready and Built for Peace of Mind! Welcome to this beautifully updated 3-bedroom, 1.5-bath home that has been fully gutted and remodeled, offering the rare opportunity to enjoy the feel of a nearly new home without the new construction price tag. With approximately 1,118 square feet of thoughtfully redesigned living space, every detail has been refreshed to deliver comfort, efficiency, and long-term value for the next owner. This renovation goes far beyond cosmetic updates. Major improvements include new ceilings, walls, HVAC system, roof, water heater, flooring, and fresh interior finishes, ensuring that the big-ticket items have already been addressed. From the moment you walk inside, you'll notice the clean lines, updated surfaces, and modern feel that come from a true top-to-bottom renovation, not just a quick refresh. The functional single-story layout offers three comfortable bedrooms and one and a half bathrooms, making daily living simple and practical. Outside, the manageable lot provides space to enjoy without overwhelming maintenance, while the covered carport adds everyday convenience and protection from the elements. Whether you're looking for a primary residence or a low-maintenance property with major systems already replaced, this home delivers confidence, convenience, and value in one complete package. Simply move in and start enjoying the benefits of a fully updated home.
-
2026-04-16$149,999 Active
Show marketing remark (1533 chars)
Everything is NEW, just bring your furniture!! This home has been completely renovated from top to bottom! Move-In Ready and Built for Peace of Mind! Welcome to this beautifully updated 3-bedroom, 1.5-bath home that has been fully gutted and remodeled, offering the rare opportunity to enjoy the feel of a nearly new home without the new construction price tag. With approximately 1,118 square feet of thoughtfully redesigned living space, every detail has been refreshed to deliver comfort, efficiency, and long-term value for the next owner. This renovation goes far beyond cosmetic updates. Major improvements include new ceilings, walls, HVAC system, roof, water heater, flooring, and fresh interior finishes, ensuring that the big-ticket items have already been addressed. From the moment you walk inside, you'll notice the clean lines, updated surfaces, and modern feel that come from a true top-to-bottom renovation, not just a quick refresh. The functional single-story layout offers three comfortable bedrooms and one and a half bathrooms, making daily living simple and practical. Outside, the manageable lot provides space to enjoy without overwhelming maintenance, while the covered carport adds everyday convenience and protection from the elements. Whether you're looking for a primary residence or a low-maintenance property with major systems already replaced, this home delivers confidence, convenience, and value in one complete package. Simply move in and start enjoying the benefits of a fully updated home.
ⓘ 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
- $754 · $63/mo
- Projected year-2 tax
- $754 · $63/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 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥105°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 · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,357
- − Mortgage interest
- −$8,262
- − Property taxes
- −$754
- − Insurance
- −$738
- − Repairs & maintenance
- −$1,149
- − Management
- −$1,149
- − Depreciation
- −$4,291
- Taxable loss
- −$1,986
- Est. tax savings @ 24.0%
- +$477
- After-tax cash flow
- $1,044/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
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)
- 18,728
- Household income
- $51,303
- Rent vs Own
- Severe rent burden
- 999.0
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
- Majority Black (56%)
- Race & ethnicity
- Black 56% White 37% Two or more races 5% Hispanic / Latino 4%
- Common ancestry
- Italian 2% Scottish 2% Lithuanian 1%
- Foreign-born
- 3% · Canada
- Languages at home
- 96% English-only · Spanish 3%
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
- ▼ -232.19%
- Current HPI
- 145.9025
- Rent YoY
- ▲ 5.06%
- 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 |
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| Healthcare | 1 | $5B |
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Price history
+0.0% since first listed4 events — show timeline
- 2026-05-01 Pending — BCAR
- 2026-05-01 Pending — GCMLS AL
- 2026-04-16 Listed $149,999 GCMLS AL
- 2026-04-16 Listed $149,999 BCAR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…