228 Birmingham St · Prichard, AL 36610

$25,000

2 bd · 1.0 ba · 1,327 sqft · SingleFamily public records · 2 Days on market

Built 1978 6,094 sqft lot Est $46k · 46% under

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Why this score? — see what drove the A- 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
• Appreciation +5.2/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks

Investment Property!! A great opportunity to add this fixer-upper to your investment portfolio.

Key facts

• 6,094 sq ft lot
• 2 parking spots
• Built 1978

Property features AI

Exterior

• Parking: Driveway; Parking for 2 vehicles
• Utilities: Electricity available; Public sewer
• Home design: Single-family residence; Residential property
• Construction: Built in 1978; Wood siding; Wood-frame windows; Shingle roof
• Exterior features: Private yard; No fencing; View

Interior

• Kitchen: Breakfast room (kitchen feature)
• Bedrooms: 2 bedrooms
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Window unit(s) for cooling
• Interior features: Other interior features; No fireplace; Separate dining room; Breakfast room
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $25k.

Deal economics

• At list price, monthly cash flow is $623 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($988 rent vs $25k).
• Cap rate 36.2% vs local median 11.0% in Prichard — 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 54/100 on livability (#472 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute 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.
• Zoned schools: Grant Elementary School (math 8% / reading 22%, grade F, #508 of 627 statewide, top 84%, 236 students, 98% FRL); Cf Vigor High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 547 students, 86% FRL) — zoned schools average 92% FRL vs 67% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 9% at this address vs 27% district-wide (-18 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
• Market conditions: 41 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $266 of equity ($173 loan paydown + $93 appreciation (0.4% 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 (0.4% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

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 $25,000

Questions for the listing agent

1. Built in 1978 — 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. 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: 3.95% ✓
• Cap rate: 36.17%
• Cash-on-cash: 106.72%
• DSCR: 5.75
• GRM: 2.1

CMA / ARV

• ARV (on-the-fly): $46,445
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
228 Birmingham St	0.00mi	2/1.0	1,327 (0%)	1mo	$25,000	$19	99
503 Vermont St	0.31mi	3/1.5 (+1)	1,300 (-2%)	7mo	$18,500	$14	69
519 Coal St	0.63mi	2/1.0	1,248 (-6%)	1mo	$57,000	$46	60
210 Irby St	0.34mi	3/1.0 (+1)	1,416 (+7%)	13mo	$73,500	$52	57
101 Diaz St	0.43mi	2/2.0	1,172 (-12%)	2mo	$40,900	$35	54
643 Gehrig Ave	0.70mi	3/2.0 (+1)	1,308 (-1%)	4mo	$76,000	$58	53
614 Gehrig Ave	0.64mi	3/2.0 (+1)	1,263 (-5%)	5mo	$42,400	$34	49
99 Grover Ave	0.45mi	3/1.0 (+1)	1,470 (+11%)	14mo	$7,000	$5	44
512 Montgomery St	0.29mi	3/2.0 (+1)	1,188 (-10%)	20mo	$38,000	$32	43
407 Garrison Ave	0.72mi	3/2.0 (+1)	1,222 (-8%)	1mo	$50,000	$41	43
135 Petain St E	0.65mi	3/1.5 (+1)	1,500 (+13%)	2mo	$25,000	$17	40
609 Gehrig Ave	0.66mi	3/2.0 (+1)	1,458 (+10%)	11mo	$59,000	$40	35

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

Projected returns pro-forma

0.37% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.62×
• Total profit: $39,363
• Equity at exit: $7,728

10-year hold

• IRR: —
• Equity multiple: 13.73×
• Total profit: $89,139
• Equity at exit: $9,672

Cash invested: $7,000 (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 36610

• Home prices YoY: 0.9%
• Active inventory: 41
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $988 medium
• Mortgage (P&I): −$131
• Tax from tax record: −$16 /mo · $197/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$207
• Net cashflow: $623

Break-even live

Break-even rent $200

Max offer price $25,000

Occupancy floor 32%

Sensitivity live

Price	-10% $637	-5% $630	+0% $623	+5% $615	+10% $608
Rent	-10% $544	-5% $583	+0% $623	+5% $662	+10% $701
Rate	-1.0pp $635	-0.5pp $629	base $623	+0.5pp $616	+1.0pp $609

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: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
519 Bay Bridge Rd Unit B Prichard, AL	2.0	1.0	1000	$925	$0.93	45d	1	0.47mi
408 Rawls Ave Mobile, AL	2.0	1.0	1032	$1,100	$1.07	14d	1	0.86mi

Listing history 2 events

1. 2026-05-10
   status Pending
2. 2026-05-08
   listed $25,000 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: $197 · $16/mo
• Projected year-2 tax: $197 · $16/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 ≥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: $11,855
• − Mortgage interest: −$1,400
• − Property taxes: −$197
• − Insurance: −$125
• − Repairs & maintenance: −$948
• − Management: −$948
• − Depreciation: −$727
• Taxable income: $7,508
• Est. tax owed @ 24.0%: −$1,802
• After-tax cash flow: $5,668/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): 9,692

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 (97%)
• Race & ethnicity: Black 97% Hispanic / Latino 1% White 1%
• Foreign-born: 0%

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: ▲ 0.37%
• Current HPI: 42.6203
• 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

• 2026-05-10 Pending — GCMLS AL
• 2026-05-08 Listed $25,000 GCMLS AL

Property tax history

-8.5%/yr

Latest (2025): $197 · +6.7% YoY. Source: county tax records.