214 Upham Street St Unit 17c · Mobile, AL 36607

$122,000

1 bd · 1.0 ba · 900 sqft · SingleFamily · 149 Days on market

Built 1939 Good condition $136/sqft · 32% below area Est $179k · 32% under $340/mo HOA · 30% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +4.9/30.0
• 1% rule +4.2/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Schools +1.7/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 1/1 in Summerville Court! The simplicity of low maintenance condo living can be yours. Unit features original and beautifully maintained hardwood flooring throughout, with original art deco tile in the bath. Kitchen has lots of storage with extra shelving and pot rack in addition to pretty cabinetry. Neutral paint colors throughout. Property amenities include gunite pool with water feature, hot tub, fitness room, and clubhouse. Monthly HOA includes water, garbage, termite bond, insurance, and grounds maintenance. Buyer responsible for verifying all measurements and relevant details.

Key facts

• Hardwood flooring
• Extra shelving
• Gunite pool

Tags

• HARDWOOD FLOORING
• ART DECO TILE
• EXTRA SHELVING
• POT RACK
• GUNITE POOL
• WATER FEATURE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $122k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-295 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $79k (35.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $112k (7.9% below list).
• Recommended offer: $79k (35.0% below list) — sets the bar for cash-flow.
• Cap rate 3.4% vs local median 5.1% in Mobile — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: Spencerwestlawn Elementary School (math 24% / reading 37%, grade F, #363 of 627 statewide, top 58%, 461 students, 94% FRL); Booker T Washington Middle School (math 0% / reading 12%, grade F, #252 of 257 statewide, top 98%, 340 students, 95% FRL); Murphy High School (math 10% / reading 19%, grade F, #220 of 305 statewide, top 77%, 1,254 students, 66% FRL) — zoned schools average 85% FRL vs 67% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 55 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals lingering (median 71d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 33% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $843 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 149 days — a 12% lower offer ($107k) 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

• Watch-outs: HOA is 30% of rent; built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• 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 $79,247 (35.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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?
10. 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.
11. 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.
12. 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: 0.92% ✗
• Cap rate: 3.39%
• Cash-on-cash: -10.38%
• DSCR: 0.54
• GRM: 9.0

CMA / ARV

• ARV (median comp): $179,422
• List price: $122,000
• Delta: -32.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
214 Upham Street St Unit 8D	0.03mi	1/1.0	792 (-12%)	0mo	$125,000	$158	78
152 Tuscaloosa St	0.20mi	2/1.0 (+1)	1,029 (+14%)	0mo	$169,000	$164	62
10 Crenshaw St	0.35mi	2/1.0 (+1)	1,032 (+15%)	2mo	$163,000	$158	52
167 Crenshaw St	0.66mi	2/1.0 (+1)	946 (+5%)	6mo	$213,500	$226	51
166 Crenshaw St	0.66mi	2/1.0 (+1)	884 (-2%)	13mo	$133,100	$151	50
116 Mohawk St	0.53mi	2/1.0 (+1)	822 (-9%)	7mo	$125,000	$152	50
169 Morgan Ave	0.75mi	2/1.0 (+1)	830 (-8%)	3mo	$115,000	$139	44
205 Mohawk St	0.73mi	2/1.0 (+1)	826 (-8%)	15mo	$183,000	$222	35
137 Item Ave	0.69mi	2/1.0 (+1)	1,020 (+13%)	6mo	$89,000	$87	35
56 Alexander St	0.65mi	2/1.0 (+1)	808 (-10%)	20mo	$61,000	$75	31
203 Seminole St	0.75mi	2/1.0 (+1)	1,032 (+15%)	22mo	$166,000	$161	18

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -34.7%
• Equity multiple: -0.12×
• Total profit: $-38,361
• Equity at exit: $18,191

10-year hold

• IRR: -43.1%
• Equity multiple: -0.66×
• Total profit: $-56,717
• Equity at exit: $10,548

Cash invested: $34,160 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 8 active · 4 under contract
• Months of supply: 8.0 mo (12%/mo absorbed)
• Median asking: $157,450 ($159/sqft)
• Median days on market: 92 d
• This list price: 25% of active listings are priced below it
• ARV vs active asking: +25.0% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 36607

• Active inventory: 55
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,124 high
• Mortgage (P&I): −$640
• Tax est. 1.5%: −$152 /mo · $1,830/yr
• Insurance: −$51
• HOA: −$340
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $-295

Break-even live

Break-even rent $1,498

Max offer price $79,247

Occupancy floor —

Sensitivity live

Price	-10% $-211	-5% $-253	+0% $-295	+5% $-338	+10% $-380
Rent	-10% $-384	-5% $-340	+0% $-295	+5% $-251	+10% $-207
Rate	-1.0pp $-234	-0.5pp $-264	base $-295	+0.5pp $-327	+1.0pp $-359

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: $30,500
• Closing costs: $3,660
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
186 Stanton Rd Mobile, AL	1.0–3.0	1.0–2.5	1263	$1,675	$1.33	93d	1	0.34mi
2161 Homewood St Unit B Mobile, AL	1.0	1.0	600	$1,295	$2.16	70d	1	0.39mi
104 Ellinor St Mobile, AL	2.0	1.0	896	$1,275	$1.42	70d	1	0.50mi
350 Stanton Rd Unit D25 Mobile, AL	1.0	1.0	588	$895	$1.52	93d	1	0.65mi
2604 Dauphin St Mobile, AL	2.0	1.0	950	$1,072	$1.13	93d	2	0.70mi
2604 Dauphin St #210 Mobile, AL	2.0	1.0	950	$1,150	$1.21	70d	1	0.70mi
2500 Taylor Ave Mobile, AL	2.0	1.0	840	$1,195	$1.42	93d	1	0.73mi
2503 Richard Ave Mobile, AL	2.0	1.0	928	$805	$0.87	63d	1	0.80mi
113 Randolph St Unit 1 Mobile, AL	1.0	1.0	800	$958	$1.20	70d	1	0.91mi
12 S Catherine St Unit 2 Mobile, AL	1.0	1.0	700	$725	$1.04	70d	1	1.05mi
2656 Pathway Pl Mobile, AL	2.0–3.0	1.0	778	$949	$1.22	63d	9	1.07mi
400 Westwood St Mobile, AL	1.0–2.0	1.0	750	$905	$1.21	93d	1	1.12mi
111 S Catherine St Mobile, AL	2.0	1.0	891	$899	$1.01	93d	1	1.15mi
562 Clarke St Mobile, AL	2.0	1.0	1061	$1,025	$0.97	93d	1	1.30mi
55 Macks St Mobile, AL	2.0	1.0	848	$945	$1.11	70d	1	1.32mi
250 Tuttle Ave Unit B Mobile, AL	1.0	1.0	928	$1,100	$1.19	93d	1	1.35mi
2850 Edgewood St Mobile, AL	2.0	1.0	816	$1,000	$1.23	70d	1	1.38mi
2853 Josephine St Mobile, AL	2.0	1.0	780	$975	$1.25	70d	1	1.47mi
1417 Monroe St Mobile, AL	2.0	1.0	1064	$1,350	$1.27	93d	1	1.48mi

HOA detail $340/mo · $4,080/yr

• Likely covers: watertrashlandscapingpool

Listing history 50 events

1. 2026-08-08
   days on market $122,000 Active 149 DOM
2. 2026-08-07
   days on market $122,000 Active 148 DOM
3. 2026-08-06
   days on market $122,000 Active 147 DOM
4. 2026-08-05
   days on market $122,000 Active 146 DOM
5. 2026-08-04
   days on market $122,000 Active 145 DOM
6. 2026-08-03
   days on market $122,000 Active 144 DOM
7. 2026-07-31
   days on market $122,000 Active 141 DOM
8. 2026-07-30
   days on market $122,000 Active 140 DOM
9. 2026-07-29
   days on market $122,000 Active 139 DOM
10. 2026-07-27
    days on market $122,000 Active 137 DOM
11. 2026-07-25
    days on market $122,000 Active 135 DOM
12. 2026-07-24
    days on market $122,000 Active 134 DOM
13. 2026-07-23
    days on market $122,000 Active 133 DOM
14. 2026-07-22
    days on market $122,000 Active 132 DOM
15. 2026-07-21
    days on market $122,000 Active 131 DOM
16. 2026-07-18
    days on market $122,000 Active 128 DOM
17. 2026-07-16
    days on market $122,000 Active 126 DOM
18. 2026-07-16
    days on market $122,000 Active 125 DOM
19. 2026-07-14
    days on market $122,000 Active 124 DOM
20. 2026-07-13
    days on market $122,000 Active 123 DOM
21. 2026-07-12
    days on market $122,000 Active 122 DOM
22. 2026-07-11
    days on market $122,000 Active 121 DOM
23. 2026-07-10
    days on market $122,000 Active 120 DOM
24. 2026-07-09
    days on market $122,000 Active 119 DOM
25. 2026-07-08
    days on market $122,000 Active 118 DOM
26. 2026-07-07
    days on market $122,000 Active 117 DOM
27. 2026-07-06
    days on market $122,000 Active 116 DOM
28. 2026-07-05
    pricedays on market $122,000 Active 115 DOM
29. 2026-07-04
    days on market $127,500 Active 114 DOM
30. 2026-07-03
    days on market $127,500 Active 113 DOM
31. 2026-07-02
    days on market $127,500 Active 112 DOM
32. 2026-07-01
    days on market $127,500 Active 111 DOM
33. 2026-06-30
    days on market $127,500 Active 110 DOM
34. 2026-06-29
    days on market $127,500 Active 109 DOM
35. 2026-06-28
    days on market $127,500 Active 108 DOM
36. 2026-06-28
    days on market $127,500 Active 107 DOM
37. 2026-06-27
    days on market $127,500 Active 106 DOM
38. 2026-06-25
    days on market $127,500 Active 104 DOM
39. 2026-06-23
    days on market $127,500 Active 102 DOM
40. 2026-06-21
    days on market $127,500 Active 101 DOM
41. 2026-06-18
    days on market $127,500 Active 98 DOM
42. 2026-06-17
    days on market $127,500 Active 97 DOM
43. 2026-06-16
    days on market $127,500 Active 96 DOM
44. 2026-06-15
    days on market $127,500 Active 95 DOM
45. 2026-06-14
    days on market $127,500 Active 93 DOM
46. 2026-06-13
    days on market $127,500 Active 92 DOM
47. 2026-06-10
    days on market $127,500 Active 90 DOM
48. 2026-06-09
    days on market $127,500 Active 89 DOM
49. 2026-06-08
    days on market $127,500 Active 88 DOM
50. 2026-06-07
    days on market $127,500 Active 87 DOM

ⓘ 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 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

Taxation est. · year 1

• Rental income: $13,483
• − Mortgage interest: −$6,834
• − Property taxes: −$1,830
• − Insurance: −$610
• − Repairs & maintenance: −$1,079
• − Management: −$1,079
• − HOA: −$4,080
• − Depreciation: −$3,549
• Taxable loss: −$5,577
• Est. tax savings @ 24.0%: +$1,338
• After-tax cash flow: $-2,207/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $4,500–$13,500 screening

This charming 1/1 condo in Summerville Court is in good condition with original features and amenities. It has a good resale and rental value with minor updates needed for a fresh look.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and resale value ↑
• Both Replace flooring — Modernizes the space and improves resale value ↑
• Both Replace kitchen appliances — Modernizes the kitchen and improves resale value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 17/100

Zoned Schools

Elementary Spencerwestlawn Elementary School F AL #363/627 Nat'l #26,279/41,679 Middle Booker T Washington Middle School F AL #252/257 Nat'l #13,778/14,009 High Murphy High School F AL #220/305 Nat'l #15,534/17,239

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

B Composite livability gradescore 75/100

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
• County: Mobile · 415,303 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 5,529
• Household income: $40,681
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 12% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (56%)
• Race & ethnicity: Black 56% White 40% Two or more races 3%
• Common ancestry: Slovak 4% Lithuanian 2% Scotch-Irish 1%
• Foreign-born: 1%

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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: ▼ -155.04%
• Current HPI: 127.0483
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

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Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+0.0% since first listed

2 events — show timeline

• 2026-03-12 Listed $127,500 GCMLS AL
• 2026-03-12 Listed $127,500 BCAR