4131 Springdale Rd · Mobile, AL 36609

$100,000

2 bd · 1.0 ba · 971 sqft · SingleFamily public records · 211 Days on market

Built 1955 0.30 ac lot $103/sqft · 24% below area Est $122k · 18% under ↓ 13% since listing

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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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +6.3/10.0
• Livability +3.8/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

Key facts

• New drywall
• New lvp floors
• New hvac

Tags

• NEW WATER HEATER
• NEW HVAC
• NEW LVP FLOORS
• NEW DRYWALL
• NEW KITCHEN CABINETS
• COVERED PATIO

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $284 ($3k/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 9.7% 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 (+3.1%/yr); 144 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 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 + 3.1% rent growth), your $28k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 211 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $30k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $88,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 211 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.13% ✓
• Cap rate: 9.71%
• Cash-on-cash: 12.19%
• DSCR: 1.54
• GRM: 7.4

CMA / ARV

• ARV (median comp): $122,426
• List price: $100,000
• Delta: -18.32%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4129 Springdale Rd	0.01mi	2/1.0	1,044 (+8%)	1mo	$139,000	$133	86
4061 Sallie Ct	0.63mi	3/1.0 (+1)	1,014 (+4%)	2mo	$138,500	$137	57
4156 Palmdale Dr	0.67mi	3/1.0 (+1)	984 (+1%)	6mo	$120,000	$122	57
4107 Seabreeze Rd N	0.22mi	3/2.0 (+1)	1,079 (+11%)	7mo	$119,000	$110	56
4064 Wesley Ln N	0.53mi	3/1.0 (+1)	1,004 (+3%)	13mo	$95,000	$95	54
4057 Gaylark Rd N	0.51mi	3/1.0 (+1)	1,080 (+11%)	2mo	$140,000	$130	51
4017 Meadow Wood Curv	0.58mi	3/1.0 (+1)	1,080 (+11%)	3mo	$139,900	$130	47
618 Wesley Ln E	0.70mi	3/1.0 (+1)	1,045 (+8%)	6mo	$135,000	$129	45
502 Meadow Wood Curv E	0.58mi	3/1.0 (+1)	1,080 (+11%)	6mo	$139,000	$129	44
4006 Meadow Wood Curv	0.58mi	3/1.0 (+1)	1,080 (+11%)	8mo	$147,000	$136	43
4001 Sunnyvale Ln S	0.67mi	3/1.0 (+1)	1,080 (+11%)	3mo	$117,000	$108	43
4153 Palmdale Dr	0.69mi	3/1.0 (+1)	1,075 (+11%)	11mo	$159,500	$148	36

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 · 3.07% rent growth · sell at horizon

5-year hold

• IRR: 1.8%
• Equity multiple: 1.07×
• Total profit: $1,960
• Equity at exit: $14,910

10-year hold

• IRR: 11.5%
• Equity multiple: 1.90×
• Total profit: $25,228
• 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 36609

• Rents YoY: 3.1%
• Active inventory: 144
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,131 high
• Mortgage (P&I): −$524
• Tax from tax record: −$43 /mo · $516/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$238
• Net cashflow: $284

Break-even live

Break-even rent $771

Max offer price $100,000

Occupancy floor 70%

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 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4118 Seabreeze Rd N Mobile, AL	3.0	1.0	1088	$1,100	$1.01	43d	1	0.18mi
833 S University Blvd Mobile, AL	1.0–2.0	1.0–2.0	855	$1,190	$1.39	13d	12	0.32mi
550 Tamworth Ct Mobile, AL	3.0	1.0	1000	$1,295	$1.29	43d	1	0.49mi
4057 Gaylark Rd N Mobile, AL	3.0	1.0	1080	$1,275	$1.18	20d	1	0.50mi
552 Tamworth Ct Mobile, AL	3.0	1.0	1100	$1,450	$1.32	43d	1	0.51mi
701 S University Blvd Mobile, AL	2.0	1.0	692	$1,093	$1.58	20d	10	0.55mi
900 Downtowner Blvd Mobile, AL	1.0–3.0	1.0–2.5	1029	$1,140	$1.11	13d	32	0.78mi
3800 Michael Blvd Mobile, AL	1.0–2.0	1.0–2.0	854	$942	$1.10	13d	15	0.83mi
4213 Malibar Dr Mobile, AL	3.0	1.0	1100	$1,458	$1.33	20d	1	0.90mi
4242 Marmora Dr Mobile, AL	3.0	1.5	1053	$1,500	$1.42	43d	1	0.93mi
608 Azalea Rd Unit G-0701 Mobile, AL	1.0	1.0	590	$875	$1.48	43d	1	0.94mi
608 Azalea Rd Unit E-0507 Mobile, AL	1.0	1.0	665	$1,015	$1.53	43d	1	0.94mi
608 Azalea Rd Unit R-1807 Mobile, AL	1.0	1.0	665	$995	$1.50	43d	1	0.94mi
608 Azalea Rd Unit M-1303 Mobile, AL	1.0	1.0	590	$950	$1.61	20d	1	0.94mi
608 Azalea Rd Unit G-0705 Mobile, AL	1.0	1.0	590	$950	$1.61	13d	1	0.94mi
608 Azalea Rd Unit E-0505 Mobile, AL	1.0	1.0	665	$935	$1.41	13d	1	0.94mi
608 Azalea Rd Unit N-1407 Mobile, AL	1.0	1.0	590	$855	$1.45	43d	1	0.94mi
651 Azalea Rd Mobile, AL	2.0–3.0	1.0–1.5	890	$927	$1.04	43d	1	0.99mi
561 Village Green Dr E Mobile, AL	2.0	1.0	880	$1,000	$1.14	13d	4	1.21mi
3920 Berwyn Dr S Mobile, AL	1.0–3.0	1.0–2.0	1427	$1,274	$0.89	13d	34	1.27mi
1651 Knollwood Dr Mobile, AL	1.0–2.0	1.0–2.0	835	$1,247	$1.49	13d	16	1.30mi
3600 Michael Blvd Mobile, AL	2.0	1.5	750	$949	$1.27	13d	3	1.43mi
1030 Montlimar Dr Mobile, AL	1.0–3.0	1.0–2.0	997	$1,232	$1.24	13d	17	1.44mi
6075 Grelot Rd Mobile, AL	2.0	1.0	1050	$1,215	$1.16	13d	1	1.47mi

Listing history 39 events

1. 2026-06-18
   days on market $100,000 Active 211 DOM
2. 2026-06-17
   days on market $100,000 Active 210 DOM
3. 2026-06-16
   days on market $100,000 Active 209 DOM
4. 2026-06-15
   days on market $100,000 Active 208 DOM
5. 2026-06-14
   days on market $100,000 Active 206 DOM
6. 2026-06-13
   days on market $100,000 Active 205 DOM
7. 2026-06-10
   days on market $100,000 Active 203 DOM
8. 2026-06-09
   days on market $100,000 Active 202 DOM
9. 2026-06-08
   days on market $100,000 Active 201 DOM
10. 2026-06-07
    days on market $100,000 Active 200 DOM
11. 2026-06-05
    days on market $100,000 Active 197 DOM
12. 2026-06-03
    days on market $100,000 Active 196 DOM
13. 2026-06-02
    days on market $100,000 Active 195 DOM
14. 2026-06-01
    days on market $100,000 Active 194 DOM
15. 2026-05-31
    days on market $100,000 Active 193 DOM
16. 2026-05-30
    days on market $100,000 Active 192 DOM
17. 2026-05-05
    price $100,000 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

18. 2026-05-05
    price $100,000 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

19. 2026-03-18
    price $115,000 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

20. 2026-03-18
    price $115,000 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

21. 2026-01-24
    price $125,000 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

22. 2026-01-24
    price $125,000 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

23. 2025-11-19
    listed $130,000 Active 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

24. 2025-11-19
    listed $130,000 Active 683-char remark

    Show marketing remark (683 chars)

    Investors and first time Home buyers!You do not want to miss this great opportunity! This is a charming 2 bedroom 1 bath 900 square foot home close to airport road and 65. There have been lots of improvements done to this home, New Water heater, new HVAC inside and outside units, all new LVP floors throughout, new drywall and paint, new kitchen cabinets and countertops plus some new appliances and new celling fans. This can be a turnkey rental, or new home. Rental income for this property ranges from 900-1200 per month. It has a lovely back yard with a covered patio. This is a must see opportunity! More photos coming soon Buyer to verify all information during due diligence.

25. 2025-04-04
    listed $100,000 Active
26. 2024-12-09
    price $100,000
27. 2024-11-14
    price $104,900
28. 2024-11-14
    price $109,400
29. 2024-04-30
    price $110,000
30. 2024-04-30
    price $110,000
31. 2024-03-28
    listed $115,000 Active
32. 2023-01-27
    soldstatus $95,000
33. 2023-01-26
    soldstatus $95,000 Closed
34. 2022-12-29
    status Pending
35. 2022-12-16
    price $95,000
36. 2022-12-16
    status Active
37. 2022-12-07
    historical
38. 2022-10-07
    price $105,000
39. 2022-08-31
    listed $115,000 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: $516 · $43/mo
• Projected year-2 tax: $516 · $43/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 6/10 Major FEMA zone X (unshaded) · 73% 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,573
• − Mortgage interest: −$5,602
• − Property taxes: −$516
• − Insurance: −$500
• − Repairs & maintenance: −$1,086
• − Management: −$1,086
• − Depreciation: −$2,909
• Taxable income: $1,875
• Est. tax owed @ 24.0%: −$450
• After-tax cash flow: $2,964/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
• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 23,820
• Household income: $49,830
• Rent vs Own: 54.0% rent · 46.0% own
• Severe rent burden: 1379.0

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 0.62)
• Race & ethnicity: Black 44% White 42% Two or more races 6% Hispanic / Latino 5% Asian 5%
• Common ancestry: Lithuanian 3% Slovak 2% Italian 2%
• Foreign-born: 6% · Canada, Vietnam, China
• Languages at home: 93% English-only · Spanish 2% Vietnamese 2% 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: ▼ -124.06%
• Current HPI: 200.0811
• Rent YoY: ▲ 3.07%
• 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

-13.0% since first listed

23 events — show timeline

• 2026-05-05 Price Changed $100,000 GCMLS AL
• 2026-05-05 Price Changed $100,000 BCAR
• 2026-03-18 Price Changed $115,000 GCMLS AL
• 2026-03-18 Price Changed $115,000 BCAR
• 2026-01-24 Price Changed $125,000 GCMLS AL
• 2026-01-24 Price Changed $125,000 BCAR
• 2025-11-19 Listed $130,000 GCMLS AL
• 2025-11-19 Listed $130,000 BCAR
• 2025-04-04 Listed $100,000 BCAR
• 2024-12-09 Price Changed $100,000 GCMLS AL
• 2024-11-14 Price Changed $104,900 GCMLS AL
• 2024-11-14 Price Changed $109,400 GCMLS AL
• 2024-04-30 Price Changed $110,000 GCMLS AL
• 2024-04-30 Price Changed $110,000 BCAR
• 2024-03-28 Listed $115,000 BCAR
• 2023-01-27 Sold (Public Records) $95,000 Public Records
• 2023-01-26 Sold (MLS) $95,000 GCMLS AL
• 2022-12-29 Pending — GCMLS AL
• 2022-12-16 Price Changed $95,000 GCMLS AL
• 2022-12-16 Relisted — GCMLS AL
• 2022-12-07 Delisted — GCMLS AL
• 2022-10-07 Price Changed $105,000 GCMLS AL
• 2022-08-31 Listed $115,000 GCMLS AL

Property tax history

-2.9%/yr

Latest (2025): $516 · +5.5% YoY. Source: county tax records.