2207 Roberta Dr · Mobile, AL 36617

$49,900

3 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 3 Days on market

Built 1987 1.00 ac lot Est $67k · 25% 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 +7.4/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks

Promising property located in an established neighborhood in Mobile. This home offers a fantastic opportunity for investors, first-time buyers, or anyone looking to add value through updates and improvements. Buyer to verify all information during due diligence.

Key facts

• 1 acre lot
• Built 1987
• Listed 3 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $740 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Cap rate 24.1% 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: 40 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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

• In year one you build about $3k of equity ($345 loan paydown + $2k appreciation (4.8% 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 (4.8% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 3 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 $49,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 2.64% ✓
• Cap rate: 24.09%
• Cash-on-cash: 63.55%
• DSCR: 3.83
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $66,612
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2304 Rushing Dr	0.15mi	3/1.0	1,092 (0%)	4mo	$65,000	$60	90
567 Kent St	0.23mi	3/1.0	997 (-9%)	3mo	$39,000	$39	72
2024 Mott Dr W	0.51mi	2/1.0 (-1)	1,070 (-2%)	0mo	$38,500	$36	67
557 Kent St	0.18mi	2/1.0 (-1)	1,008 (-8%)	10mo	$37,500	$37	66
2253 Barlow St	0.12mi	3/1.0	970 (-11%)	13mo	$59,500	$61	65
421 Chavers St	0.34mi	3/2.0	1,208 (+11%)	2mo	$71,500	$59	61
2710 Betbeze St	0.71mi	3/2.0	1,100 (+1%)	3mo	$110,000	$100	59
2203 Rosa Dr	0.66mi	3/1.0	1,171 (+7%)	0mo	$160,500	$137	57
2409 Elsevier St	0.63mi	3/1.5	1,032 (-6%)	4mo	$115,000	$111	56
2647 Weems Dr	0.65mi	3/2.0	1,124 (+3%)	7mo	$175,000	$156	55
609 Caton Ave	0.53mi	3/1.0	962 (-12%)	10mo	$130,000	$135	47
2005 Mott Dr W	0.52mi	2/1.0 (-1)	939 (-14%)	13mo	$38,000	$40	37

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

Projected returns pro-forma

4.78% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 70.1%
• Equity multiple: 5.15×
• Total profit: $57,985
• Equity at exit: $27,604

10-year hold

• IRR: 68.1%
• Equity multiple: 10.65×
• Total profit: $134,848
• Equity at exit: $47,093

Cash invested: $13,972 (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 36617

• Home prices YoY: 3.9%
• Active inventory: 40
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,317 high
• Mortgage (P&I): −$262
• Tax from tax record: −$18 /mo · $212/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $740

Break-even live

Break-even rent $380

Max offer price $49,900

Occupancy floor 39%

Sensitivity live

Price	-10% $768	-5% $754	+0% $740	+5% $726	+10% $712
Rent	-10% $636	-5% $688	+0% $740	+5% $792	+10% $844
Rate	-1.0pp $765	-0.5pp $753	base $740	+0.5pp $727	+1.0pp $714

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
423 Devon Dr Mobile, AL	3.0	1.0	1220	$950	$0.78	45d	1	0.20mi
402 Havens St Mobile, AL	4.0	2.0	960	$1,350	$1.41	14d	1	0.34mi
510 Schwartz St Mobile, AL	3.0	2.0	1288	$1,400	$1.09	14d	1	0.38mi
186 Stanton Rd Mobile, AL	1.0–3.0	1.0–2.5	1263	$2,450	$1.94	45d	1	0.79mi
305 Indian Creek Dr E Unit 1043809P Mobile, AL	3.0	2.5	1496	$3,985	$2.66	14d	1	0.85mi
2853 Josephine St Mobile, AL	2.0	1.0	780	$975	$1.25	22d	1	1.00mi
2850 Edgewood St Mobile, AL	2.0	1.0	816	$1,000	$1.23	22d	1	1.01mi
107 Grand Blvd Mobile, AL	2.0	2.0	1200	$1,295	$1.08	22d	1	1.08mi
672 Burden St Mobile, AL	3.0	1.5	1421	$1,300	$0.91	22d	1	1.13mi
129 Shell Road Pl Unit 1043713P Mobile, AL	4.0	2.0	1496	$3,389	$2.27	22d	1	1.16mi
708 Bond St Mobile, AL	3.0	1.0	1100	$1,350	$1.23	22d	1	1.22mi
156 Hemley Ave Mobile, AL	3.0	1.0	936	$1,195	$1.28	45d	1	1.29mi
2604 Dauphin St #210 Mobile, AL	2.0	1.0	950	$1,150	$1.21	22d	1	1.31mi
2604 Dauphin St Mobile, AL	2.0	1.0	950	$1,072	$1.13	45d	2	1.31mi
2500 Dauphinwood Dr Mobile, AL	2.0–3.0	1.0–2.0	1250	$1,395	$1.12	14d	19	1.42mi
2966 Northwest Dr Mobile, AL	3.0	1.0	792	$895	$1.13	22d	1	1.44mi
104 Ellinor St Mobile, AL	2.0	1.0	896	$1,275	$1.42	22d	1	1.49mi
55 Macks St Mobile, AL	2.0	1.0	848	$945	$1.11	22d	1	1.50mi

Listing history 2 events

1. 2026-03-28
   status Pending
2. 2026-03-24
   listed $49,900 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: $212 · $18/mo
• Projected year-2 tax: $212 · $18/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: $15,798
• − Mortgage interest: −$2,795
• − Property taxes: −$212
• − Insurance: −$250
• − Repairs & maintenance: −$1,264
• − Management: −$1,264
• − Depreciation: −$1,452
• Taxable income: $8,562
• Est. tax owed @ 24.0%: −$2,055
• After-tax cash flow: $6,824/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): 11,952

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% White 2%
• 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: ▲ 4.78%
• Current HPI: 128.8377
• 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

• 2026-03-28 Pending — BCAR
• 2026-03-24 Listed $49,900 BCAR

Property tax history

-0.6%/yr

Latest (2025): $212 · +0.0% YoY. Source: county tax records.