554 Maple St · Mobile, AL 36603

$40,000

4 bd · 1.0 ba · 1,436 sqft · SingleFamily public records · 51 Days on market

Built 1971 5,000 sqft lot $28/sqft · 36% below area Est $63k · 36% under

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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 +15.0/30.0
• ARV discount +15.0/15.0
• Appreciation +5.7/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks MLS

*****CALLING ALL INVESTORS*****CAMPGROUND COMMUNITY, MARDI GRAS ROUTE, INTERSTATE ACCESS, SCHOOLS, BUS DEPOT, CHURCHES. YOU NAME IT. THIS AREA IS WELL SOUGHT OUT, THIS COULD BE THE INVESTMENT OF YOUR DREAM. CALL YOUR FAVORITE REALTOR TODAY. This property is being SOLD AS IS. Buyers and buyers agents must verify square ft and all prudent information.

Key facts

• 5,000 sq ft lot
• Listed 50 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $2k ($28k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $40k).
• Recommended offer: $39k (3.0% below list) — sets the bar for market timing.
• Cap rate 75.3% 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: schools D-, 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.
• Market conditions: 36 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 $806 of equity ($277 loan paydown + $529 appreciation (1.3% 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 (1.3% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($39k) 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 $38,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 8.06% ✓
• Cap rate: 75.31%
• Cash-on-cash: 246.48%
• DSCR: 11.97
• GRM: 1.0

CMA / ARV

• ARV (median comp): $62,835
• List price: $40,000
• Delta: -36.34%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1216 Pecan St	0.17mi	3/2.0 (-1)	1,392 (-3%)	4mo	$128,500	$92	75
612 Hickory St	0.20mi	3/2.0 (-1)	1,488 (+4%)	4mo	$53,000	$36	72
401 GASTON St	0.23mi	4/1.5	1,600 (+11%)	9mo	$70,000	$44	60
1215 Hercules St	0.20mi	3/2.0 (-1)	1,333 (-7%)	14mo	$76,750	$58	58
1461 Lincoln St	0.74mi	4/1.5	1,440 (+0%)	7mo	$37,500	$26	57
415 Gaston St	0.18mi	3/1.0 (-1)	1,578 (+10%)	22mo	$50,000	$32	52
213 Pine St N	0.50mi	3/2.0 (-1)	1,336 (-7%)	23mo	$124,900	$93	37
122 Bush Ave	0.75mi	3/1.0 (-1)	1,587 (+10%)	8mo	$177,000	$112	36
1363 St Stephens Rd	0.70mi	3/2.0 (-1)	1,272 (-11%)	21mo	$121,000	$95	22

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

Projected returns pro-forma

1.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 14.21×
• Total profit: $147,930
• Equity at exit: $14,329

10-year hold

• IRR: —
• Equity multiple: 30.10×
• Total profit: $325,905
• Equity at exit: $19,573

Cash invested: $11,200 (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 36603

• Home prices YoY: 2.8%
• Active inventory: 36
• Price-to-rent: 1.0×

Monthly cashflow live

• Estimated rent: $3,223 medium
• Mortgage (P&I): −$210
• Tax from tax record: −$20 /mo · $235/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$677
• Net cashflow: $2,300

Break-even live

Break-even rent $311

Max offer price $40,000

Occupancy floor 24%

Sensitivity live

Price	-10% $2,323	-5% $2,312	+0% $2,300	+5% $2,289	+10% $2,278
Rent	-10% $2,046	-5% $2,173	+0% $2,300	+5% $2,428	+10% $2,555
Rate	-1.0pp $2,321	-0.5pp $2,311	base $2,300	+0.5pp $2,290	+1.0pp $2,280

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
961 Old Shell Rd Unit A Mobile, AL	3.0	2.5	1600	$1,295	$0.81	44d	1	0.78mi
1141 Montauk Ave Unit 1043864P Mobile, AL	3.0	2.0	1420	$2,741	$1.93	14d	1	1.10mi
1566 Dauphin St Unit Back Carriage House Mobile, AL	3.0	1.0	1300	$1,200	$0.92	44d	1	1.29mi
500 Palmetto St Mobile, AL	3.0	2.0	1786	$1,450	$0.81	44d	1	1.43mi
305 Indian Creek Dr E Unit 1043809P Mobile, AL	3.0	2.5	1496	$3,985	$2.66	14d	1	1.46mi
84 S Lafayette St Unit 1043577P Mobile, AL	3.0	2.0	1496	$3,116	$2.08	14d	1	1.47mi

Listing history 18 events

1. 2026-06-18
   days on market $40,000 Active 51 DOM
2. 2026-06-17
   days on market $40,000 Active 50 DOM
3. 2026-06-16
   days on market $40,000 Active 49 DOM
4. 2026-06-15
   days on market $40,000 Active 48 DOM
5. 2026-06-14
   days on market $40,000 Active 46 DOM
6. 2026-06-13
   days on market $40,000 Active 45 DOM
7. 2026-06-10
   days on market $40,000 Active 43 DOM
8. 2026-06-09
   days on market $40,000 Active 42 DOM
9. 2026-06-08
   days on market $40,000 Active 41 DOM
10. 2026-06-07
    days on market $40,000 Active 40 DOM
11. 2026-06-05
    days on market $40,000 Active 37 DOM
12. 2026-06-03
    days on market $40,000 Active 36 DOM
13. 2026-06-02
    days on market $40,000 Active 35 DOM
14. 2026-06-01
    days on market $40,000 Active 34 DOM
15. 2026-05-31
    days on market $40,000 Active 33 DOM
16. 2026-05-30
    days on market $40,000 Active 32 DOM
17. 2026-05-11
    status Pending 352-char remark

    Show marketing remark (352 chars)

    *****CALLING ALL INVESTORS*****CAMPGROUND COMMUNITY, MARDI GRAS ROUTE, INTERSTATE ACCESS, SCHOOLS, BUS DEPOT, CHURCHES. YOU NAME IT. THIS AREA IS WELL SOUGHT OUT, THIS COULD BE THE INVESTMENT OF YOUR DREAM. CALL YOUR FAVORITE REALTOR TODAY. This property is being SOLD AS IS. Buyers and buyers agents must verify square ft and all prudent information.

18. 2026-04-15
    listed $40,000 Active 352-char remark

    Show marketing remark (352 chars)

    *****CALLING ALL INVESTORS*****CAMPGROUND COMMUNITY, MARDI GRAS ROUTE, INTERSTATE ACCESS, SCHOOLS, BUS DEPOT, CHURCHES. YOU NAME IT. THIS AREA IS WELL SOUGHT OUT, THIS COULD BE THE INVESTMENT OF YOUR DREAM. CALL YOUR FAVORITE REALTOR TODAY. This property is being SOLD AS IS. Buyers and buyers agents must verify square ft and all prudent information.

ⓘ 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: $235 · $20/mo
• Projected year-2 tax: $235 · $20/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 (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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: $38,681
• − Mortgage interest: −$2,241
• − Property taxes: −$235
• − Insurance: −$200
• − Repairs & maintenance: −$3,094
• − Management: −$3,094
• − Depreciation: −$1,164
• Taxable income: $28,653
• Est. tax owed @ 24.0%: −$6,877
• After-tax cash flow: $20,729/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mobile, AL
• City population: 205,729
• Population (ZIP): 7,805

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 (85%)
• Race & ethnicity: Black 85% White 12% Two or more races 1% Hispanic / Latino 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 1% · Canada
• 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: ▲ 1.32%
• Current HPI: 48.9551
• 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

2 events — show timeline

• 2026-05-11 Pending — GCMLS AL
• 2026-04-15 Listed $40,000 GCMLS AL

Property tax history

+14.9%/yr

Latest (2025): $235 · +6.9% YoY. Source: county tax records.