3413 Centanne St · Prichard, AL 36612

$79,900

3 bd · 2.5 ba · 1,435 sqft · SingleFamily public records · 44 Days on market

Built 1988 7,405 sqft lot $56/sqft · 9% above area Est $74k · 9% over ↓ 20% since listing

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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 +25.7/30.0
• Appreciation +8.8/10.0
• DSCR +8.6/10.0
• 1% rule +6.8/10.0
• ARV discount +3.6/15.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks MLS

Charming 3-bedroom, 3-bath 1,435 sq ft brick ranch-style home situated on a slab foundation, perfect for first-time buyers or investors looking to add a solid property to their portfolio. While the home could benefit from a little TLC, it offers great bones and plenty of potential to make it your own. Inside, you’ll find a spacious living room filled with natural light, creating a warm and inviting atmosphere. The seller reports that both the roof and HVAC system are less than 10 years old, providing added peace of mind. Enjoy outdoor living with a welcoming front porch, a fenced backyard ideal for pets or entertaining, and a covered carport for convenient parking. Located in a quiet neighborhood, this home offers comfort, value, and opportunity all in one. Don’t miss your chance to transform this adorable ranch into something truly special!

Key facts

• Slab foundation
• Covered carport
• Natural light

Tags

• BRICK RANCH-STYLE HOME
• SLAB FOUNDATION
• SPACIOUS LIVING ROOM
• NATURAL LIGHT
• FENCED BACKYARD
• COVERED CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $192 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($942 rent vs $80k).
• Recommended offer: $78k (3.0% below list) — sets the bar for market timing.

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: schools D-, crime F, amenities 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.
• Market conditions: 17 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% 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

• In year one you build about $7k of equity ($552 loan paydown + $6k appreciation (7.6% local appreciation)).
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (7.6% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $77,503 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 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: 1.18% ✓
• Cap rate: 9.18%
• Cash-on-cash: 10.32%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

• ARV (median comp): $73,534
• List price: $79,900
• Delta: 8.66%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
821 Mount Sinai Ave	0.40mi	4/1.0 (+1)	1,460 (+2%)	23mo	$110,000	$75	48
1709 Jarrell Dr	0.58mi	2/1.0 (-1)	1,352 (-6%)	5mo	$145,000	$107	48
1647 Wolf Ridge Rd	0.22mi	2/1.5 (-1)	1,312 (-9%)	22mo	$25,000	$19	48
734 Felder Ave	0.56mi	4/1.0 (+1)	1,520 (+6%)	10mo	$55,000	$36	45
2902 Truett Ave	0.73mi	3/1.5	1,375 (-4%)	12mo	$70,000	$51	45
3431 Kay St	0.34mi	4/1.0 (+1)	1,573 (+10%)	18mo	$100,000	$64	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

7.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.1%
• Equity multiple: 2.92×
• Total profit: $43,042
• Equity at exit: $58,431

10-year hold

• IRR: 24.6%
• Equity multiple: 6.18×
• Total profit: $115,791
• Equity at exit: $113,883

Cash invested: $22,372 (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 36612

• Home prices YoY: 6.2%
• Active inventory: 17
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $942 high
• Mortgage (P&I): −$419
• Tax est. 1.5%: −$100 /mo · $1,198/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$198
• Net cashflow: $192

Break-even live

Break-even rent $699

Max offer price $79,900

Occupancy floor 75%

Sensitivity live

Price	-10% $248	-5% $220	+0% $192	+5% $165	+10% $137
Rent	-10% $118	-5% $155	+0% $192	+5% $230	+10% $267
Rate	-1.0pp $233	-0.5pp $213	base $192	+0.5pp $172	+1.0pp $151

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3427 Stovall St Mobile, AL	3.0	1.0	1025	$850	$0.83	21d	1	0.17mi
1701 Bear Fork Rd Unit 7 Mobile, AL	3.0	2.0	1064	$950	$0.89	44d	1	0.34mi
1701 Bear Fork Rd Unit 2 Mobile, AL	2.0	2.0	1064	$875	$0.82	44d	1	0.34mi
100 Dairy Rd Mobile, AL	2.0–3.0	2.0	999	$1,100	$1.10	14d	1	0.87mi
2211 Wolf Ridge Rd Unit B Mobile, AL	3.0	1.5	1050	$1,200	$1.14	44d	1	1.30mi
2209 Wolf Ridge Rd Unit B Mobile, AL	3.0	1.5	1175	$1,200	$1.02	44d	1	1.32mi
2207 Wolf Ridge Rd Unit B Mobile, AL	2.0	1.0	1000	$1,100	$1.10	44d	1	1.34mi

Listing history 13 events

1. 2026-06-08
   days on market $79,900 Active 44 DOM
2. 2026-06-07
   days on market $79,900 Active 43 DOM
3. 2026-06-05
   days on market $79,900 Active 40 DOM
4. 2026-06-03
   days on market $79,900 Active 39 DOM
5. 2026-06-02
   days on market $79,900 Active 38 DOM
6. 2026-06-01
   days on market $79,900 Active 37 DOM
7. 2026-05-31
   days on market $79,900 Active 36 DOM
8. 2026-05-30
   days on market $79,900 Active 35 DOM
9. 2026-05-18
   price $79,900 874-char remark

   Show marketing remark (874 chars)

   Charming 3-bedroom, 3-bath 1,435 sq ft brick ranch-style home situated on a slab foundation, perfect for first-time buyers or investors looking to add a solid property to their portfolio. While the home could benefit from a little TLC, it offers great bones and plenty of potential to make it your own. Inside, you’ll find a spacious living room filled with natural light, creating a warm and inviting atmosphere. The seller reports that both the roof and HVAC system are less than 10 years old, providing added peace of mind. Enjoy outdoor living with a welcoming front porch, a fenced backyard ideal for pets or entertaining, and a covered carport for convenient parking. Located in a quiet neighborhood, this home offers comfort, value, and opportunity all in one. Don’t miss your chance to transform this adorable ranch into something truly special!

10. 2026-05-17
    status Active 874-char remark

    Show marketing remark (874 chars)

    Charming 3-bedroom, 3-bath 1,435 sq ft brick ranch-style home situated on a slab foundation, perfect for first-time buyers or investors looking to add a solid property to their portfolio. While the home could benefit from a little TLC, it offers great bones and plenty of potential to make it your own. Inside, you’ll find a spacious living room filled with natural light, creating a warm and inviting atmosphere. The seller reports that both the roof and HVAC system are less than 10 years old, providing added peace of mind. Enjoy outdoor living with a welcoming front porch, a fenced backyard ideal for pets or entertaining, and a covered carport for convenient parking. Located in a quiet neighborhood, this home offers comfort, value, and opportunity all in one. Don’t miss your chance to transform this adorable ranch into something truly special!

11. 2026-05-13
    historical 874-char remark

    Show marketing remark (874 chars)

    Charming 3-bedroom, 3-bath 1,435 sq ft brick ranch-style home situated on a slab foundation, perfect for first-time buyers or investors looking to add a solid property to their portfolio. While the home could benefit from a little TLC, it offers great bones and plenty of potential to make it your own. Inside, you’ll find a spacious living room filled with natural light, creating a warm and inviting atmosphere. The seller reports that both the roof and HVAC system are less than 10 years old, providing added peace of mind. Enjoy outdoor living with a welcoming front porch, a fenced backyard ideal for pets or entertaining, and a covered carport for convenient parking. Located in a quiet neighborhood, this home offers comfort, value, and opportunity all in one. Don’t miss your chance to transform this adorable ranch into something truly special!

12. 2026-05-11
    price $89,900 874-char remark

    Show marketing remark (874 chars)

    Charming 3-bedroom, 3-bath 1,435 sq ft brick ranch-style home situated on a slab foundation, perfect for first-time buyers or investors looking to add a solid property to their portfolio. While the home could benefit from a little TLC, it offers great bones and plenty of potential to make it your own. Inside, you’ll find a spacious living room filled with natural light, creating a warm and inviting atmosphere. The seller reports that both the roof and HVAC system are less than 10 years old, providing added peace of mind. Enjoy outdoor living with a welcoming front porch, a fenced backyard ideal for pets or entertaining, and a covered carport for convenient parking. Located in a quiet neighborhood, this home offers comfort, value, and opportunity all in one. Don’t miss your chance to transform this adorable ranch into something truly special!

13. 2026-04-21
    listed $99,900 Active 874-char remark

    Show marketing remark (874 chars)

    Charming 3-bedroom, 3-bath 1,435 sq ft brick ranch-style home situated on a slab foundation, perfect for first-time buyers or investors looking to add a solid property to their portfolio. While the home could benefit from a little TLC, it offers great bones and plenty of potential to make it your own. Inside, you’ll find a spacious living room filled with natural light, creating a warm and inviting atmosphere. The seller reports that both the roof and HVAC system are less than 10 years old, providing added peace of mind. Enjoy outdoor living with a welcoming front porch, a fenced backyard ideal for pets or entertaining, and a covered carport for convenient parking. Located in a quiet neighborhood, this home offers comfort, value, and opportunity all in one. Don’t miss your chance to transform this adorable ranch into something truly special!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,309
• − Mortgage interest: −$4,476
• − Property taxes: −$1,198
• − Insurance: −$400
• − Repairs & maintenance: −$905
• − Management: −$905
• − Depreciation: −$2,324
• Taxable income: $1,101
• Est. tax owed @ 24.0%: −$264
• After-tax cash flow: $2,043/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): 3,558

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 Black (93%)
• Race & ethnicity: Black 93% White 5% Hispanic / Latino 2%
• 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: ▲ 7.58%
• Current HPI: 130.8445
• 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

-20.0% since first listed

5 events — show timeline

• 2026-05-18 Price Changed $79,900 GCMLS AL
• 2026-05-17 Relisted — GCMLS AL
• 2026-05-13 Delisted — GCMLS AL
• 2026-05-11 Price Changed $89,900 GCMLS AL
• 2026-04-21 Listed $99,900 GCMLS AL