843 Bryant St · Mobile, AL 36608

$100,000

3 bd · 2.0 ba · 38 sqft · Other public records · 127 Days on market

Built 1993 1.02 ac lot $2632/sqft · 1585% above area

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Why this score? — see what drove the B- 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
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

Key facts

• 1.02 acre lot
• Built 1993
• Listed 126 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $100k.

Deal economics

• At list price, monthly cash flow is $459 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.8% 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: Rents rising fast (+6.2%/yr); 338 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $691 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 6.2% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y ago 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.
• Current owner paid $21k; list at $100k implies a 376% 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; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $88,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.37% ✓
• Cap rate: 11.80%
• Cash-on-cash: 19.65%
• DSCR: 1.87
• GRM: 6.1

CMA / ARV

• ARV (median comp): $249,950
• List price: $100,000
• Delta: -59.99%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 6.15% rent growth · sell at horizon

5-year hold

• IRR: 15.0%
• Equity multiple: 1.62×
• Total profit: $17,474
• Equity at exit: $14,910

10-year hold

• IRR: 25.9%
• Equity multiple: 3.59×
• Total profit: $72,420
• Equity at exit: $8,646

Cash invested: $28,000 (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 36608

• Rents YoY: 6.2%
• Active inventory: 338
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,375 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$61 /mo · $735/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $459

Break-even live

Break-even rent $794

Max offer price $100,000

Occupancy floor 62%

Sensitivity live

Price	-10% $515	-5% $487	+0% $459	+5% $430	+10% $402
Rent	-10% $350	-5% $404	+0% $459	+5% $513	+10% $567
Rate	-1.0pp $509	-0.5pp $484	base $459	+0.5pp $433	+1.0pp $406

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8050 Tanner Williams Rd Mobile, AL	2.0–3.0	2.0–2.5	1028	$1,345	$1.31	21d	3	1.13mi

Listing history 35 events

1. 2026-06-18
   days on market $100,000 Active 127 DOM
2. 2026-06-17
   days on market $100,000 Active 126 DOM
3. 2026-06-16
   days on market $100,000 Active 125 DOM
4. 2026-06-15
   days on market $100,000 Active 124 DOM
5. 2026-06-14
   days on market $100,000 Active 122 DOM
6. 2026-06-13
   days on market $100,000 Active 121 DOM
7. 2026-06-10
   days on market $100,000 Active 119 DOM
8. 2026-06-09
   days on market $100,000 Active 118 DOM
9. 2026-06-08
   days on market $100,000 Active 117 DOM
10. 2026-06-07
    days on market $100,000 Active 116 DOM
11. 2026-06-05
    days on market $100,000 Active 113 DOM
12. 2026-06-03
    days on market $100,000 Active 112 DOM
13. 2026-06-02
    days on market $100,000 Active 111 DOM
14. 2026-06-01
    days on market $100,000 Active 110 DOM
15. 2026-05-31
    days on market $100,000 Active 109 DOM
16. 2026-05-30
    days on market $100,000 Active 108 DOM
17. 2026-05-09
    status Active 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

18. 2026-05-01
    historical 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

19. 2026-04-29
    status Active 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

20. 2026-04-20
    status Pending 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

21. 2026-03-27
    status Active 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

22. 2026-02-15
    status Pending 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

23. 2026-01-28
    status Active 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

24. 2025-12-26
    status Pending 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

25. 2025-11-14
    listed $100,000 Active 1083-char remark

    Show marketing remark (1083 chars)

    This beautiful property is ready for its next owner and offers the kind of space and features that are hard to find. The home has an open and split floor plan that gives you plenty of room to spread out and enjoy each area. The bedrooms are a great size, and the home has been updated to make it truly move in ready. The owner has taken great care of the house and the landscaping, creating a clean and welcoming setting from the moment you arrive. This property also gives you a strong investment opportunity. It already has a second septic tank and power available on the lot, which allows you to add another unit if you choose. This can create extra income or give you more flexibility for guests, family, or long term plans. The large lot provides room for storage, outdoor projects, or your favorite toys and equipment. It is a comfortable place for gatherings, cookouts, and enjoying the peaceful feel of county living while still being close to everything you need. If you want a move in ready home with space, quality, and real potential for growth, this one is worth a look.

26. 2024-10-25
    price $99,900
27. 2024-10-18
    price $104,900
28. 2024-10-09
    price $109,900
29. 2024-09-28
    price $112,900
30. 2024-09-21
    price $114,900
31. 2023-08-10
    status Pending
32. 2023-08-10
    soldstatus $21,000 Closed
33. 2023-07-24
    status Active
34. 2023-07-20
    status Pending
35. 2023-04-25
    listed $29,900 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: $735 · $61/mo
• Projected year-2 tax: $735 · $61/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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,494
• − Mortgage interest: −$5,602
• − Property taxes: −$735
• − Insurance: −$500
• − Repairs & maintenance: −$1,320
• − Management: −$1,320
• − Depreciation: −$2,909
• Taxable income: $4,109
• Est. tax owed @ 24.0%: −$986
• After-tax cash flow: $4,516/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

• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 38,890
• Household income: $61,146
• Rent vs Own: 45.8% rent · 54.2% own
• Severe rent burden: 1823.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 56% Black 35% Two or more races 4% Hispanic / Latino 4% Asian 2%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 2% Arabic 1% Other Indo-European 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: ▼ -224.52%
• Current HPI: 198.9469
• Rent YoY: ▲ 6.15%
• 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
▸Healthcare	1	$5B

Price history

+234.4% since first listed

19 events — show timeline

• 2026-05-09 Relisted — GCMLS AL
• 2026-05-01 Delisted — GCMLS AL
• 2026-04-29 Relisted — GCMLS AL
• 2026-04-20 Pending — GCMLS AL
• 2026-03-27 Relisted — GCMLS AL
• 2026-02-15 Pending — GCMLS AL
• 2026-01-28 Relisted — GCMLS AL
• 2025-12-26 Pending — GCMLS AL
• 2025-11-14 Listed $100,000 GCMLS AL
• 2024-10-25 Price Changed $99,900 GCMLS AL
• 2024-10-18 Price Changed $104,900 GCMLS AL
• 2024-10-09 Price Changed $109,900 GCMLS AL
• 2024-09-28 Price Changed $112,900 GCMLS AL
• 2024-09-21 Price Changed $114,900 GCMLS AL
• 2023-08-10 Pending — GCMLS AL
• 2023-08-10 Sold (MLS) $21,000 GCMLS AL
• 2023-07-24 Relisted — GCMLS AL
• 2023-07-20 Pending — GCMLS AL
• 2023-04-25 Listed $29,900 GCMLS AL

Property tax history

+13.5%/yr

Latest (2025): $735 · -0.1% YoY. Source: county tax records.