2501 Muriel Ave · Mobile, AL 36617

$34,900

3 bd · 1.0 ba · 1,242 sqft · SingleFamily public records · 8 Days on market

Built 2010 6,041 sqft lot Est $51k · 31% 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

* * * * * * INVESTOR OPPORTUNITY * * * * * If you're looking to expand your rental portfolio, this 3-bedroom, 1-bath property offers tremendous potential. With the footprint already in place, this home is ready for your vision and finishing touches to bring it back to life. Conveniently located just minutes from the interstate, this property presents an excellent opportunity to create an income-producing asset. Bring your creativity and transform this blank canvas into something special. Property is being sold strictly As-Is, Where-Is, with no warranties expressed or implied. Seller will make no repairs. There are currently no utilities connected; please bring a flashlight when vie

Key facts

• 6,041 sq ft lot
• Listed 8 days

Property features AI

Finance

• Other: Address: 2501 Muriel Ave, Mobile, AL 36617

Exterior

• Parking: Driveway
• Utilities: Public sewer; No electric provider listed; No other utilities listed
• Home design: Single family residence; Residential property; Located in the McArthur Court subdivision; Views present
• Construction: Built in 2010; Wood siding exterior; Shingle roof; Pillar/post/pier foundation
• Exterior features: No exterior features listed; No fencing; No pool or spa

Interior

• Kitchen: No kitchen features listed
• Bedrooms: 3 bedrooms
• Flooring: No flooring specified
• Bathrooms: 1 full bathroom
• Heating & cooling: No heating; No cooling
• Interior features: Accessible entrance; Crawl space basement; No fireplace
• Laundry & utility: No utilities or laundry appliances listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $648 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Cap rate 28.6% 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; 6 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 $2k of equity ($241 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 $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 8 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 $34,900

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: 3.17% ✓
• Cap rate: 28.56%
• Cash-on-cash: 79.54%
• DSCR: 4.54
• GRM: 2.6

CMA / ARV

• ARV (on-the-fly): $50,922
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1207 Clara Ave	0.47mi	3/2.0	1,240 (-0%)	9mo	$20,000	$16	67
2716 Bellmeade Dr	0.69mi	3/1.0	1,332 (+7%)	8mo	$55,000	$41	49
2107 Margie St	0.46mi	2/1.0 (-1)	1,330 (+7%)	18mo	$28,000	$21	46
2815 Banks Ave	0.66mi	3/2.0	1,358 (+9%)	4mo	$33,000	$24	46
1709 Jarrell Dr	0.70mi	2/1.0 (-1)	1,352 (+9%)	5mo	$145,000	$107	43
3105 1st Ave	0.75mi	3/1.0	1,081 (-13%)	18mo	$75,700	$70	29

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: 85.4%
• Equity multiple: 6.00×
• Total profit: $48,862
• Equity at exit: $19,306

10-year hold

• IRR: 83.7%
• Equity multiple: 12.49×
• Total profit: $112,282
• Equity at exit: $32,937

Cash invested: $9,772 (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: 2.6×

Monthly cashflow live

• Estimated rent: $1,108 high
• Mortgage (P&I): −$183
• Tax from tax record: −$30 /mo · $357/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $648

Break-even live

Break-even rent $288

Max offer price $34,900

Occupancy floor 37%

Sensitivity live

Price	-10% $667	-5% $658	+0% $648	+5% $638	+10% $628
Rent	-10% $560	-5% $604	+0% $648	+5% $691	+10% $735
Rate	-1.0pp $665	-0.5pp $657	base $648	+0.5pp $639	+1.0pp $629

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: $8,725
• Closing costs: $1,047
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Dairy Rd Mobile, AL	2.0–3.0	2.0	999	$1,100	$1.10	14d	1	0.69mi
3427 Stovall St Mobile, AL	3.0	1.0	1025	$850	$0.83	22d	1	1.24mi
2966 Northwest Dr Mobile, AL	3.0	1.0	792	$895	$1.13	22d	1	1.35mi
3764 Autumndale Dr Mobile, AL	3.0	1.0	1050	$1,350	$1.29	14d	1	1.47mi
408 Rawls Ave Mobile, AL	2.0	1.0	1032	$1,100	$1.07	14d	1	1.48mi
708 Bond St Mobile, AL	3.0	1.0	1100	$1,350	$1.23	22d	1	1.48mi

Listing history 8 events

1. 2026-06-08
   status $34,900 Pending 8 DOM
2. 2026-06-07
   days on market $34,900 Active 8 DOM
3. 2026-06-05
   days on market $34,900 Active 5 DOM
4. 2026-06-03
   days on market $34,900 Active 4 DOM
5. 2026-06-02
   days on market $34,900 Active 3 DOM
6. 2026-06-01
   days on market $34,900 Active 2 DOM
7. 2026-05-31
   remarks 699-char remark
8. 2026-05-31
   listed $34,900 Active 1 DOM

ⓘ 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: $357 · $30/mo
• Projected year-2 tax: $357 · $30/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 2/10 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: $13,291
• − Mortgage interest: −$1,955
• − Property taxes: −$357
• − Insurance: −$174
• − Repairs & maintenance: −$1,063
• − Management: −$1,063
• − Depreciation: −$1,015
• Taxable income: $7,663
• Est. tax owed @ 24.0%: −$1,839
• After-tax cash flow: $5,933/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

1 event — show timeline

• 2026-05-31 Listed $34,900 GCMLS AL

Property tax history

-7.7%/yr

Latest (2025): $357 · +0.0% YoY. Source: county tax records.