1254 Seneca St · Mobile, AL 36605

$114,900

4 bd · 2.0 ba · 1,696 sqft · SingleFamily public records · 119 Days on market

Built 2004 7,183 sqft lot Est $160k · 28% under

---

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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.6/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tenant-occupied investment property offering immediate rental income in an established Mobile neighborhood. This well-maintained home provides a strong, turnkey opportunity for investors seeking reliable cash flow. Conveniently located near schools, shopping, and major routes, 1254 Seneca Avenue delivers consistent tenant appeal and long-term portfolio value. 4 Bedroom/2 Baths and approximately 1,700 square feet. Photo is AI generated from an actual older photo. Professional photography coming 01/27/26.

Key facts

• Reliable cash flow
• Investment property
• Well maintained

Tags

• INVESTMENT PROPERTY
• IMMEDIATE RENTAL INCOME
• WELL MAINTAINED
• TURNKEY OPPORTUNITY
• RELIABLE CASH FLOW
• CONVENIENTLY LOCATED

🏷️ Possibly a rental listed for sale. The $114,900 price doesn't fit this home's estimated sale value (~$160,135) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $637 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $105k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.9% 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 (+8.3%/yr); 139 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
• At $1,747/mo this rent would consume 48% of the median local household income ($44k/yr) (locally 1521% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 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 + 8.0% rent growth), your $32k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 119 days — a 9% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
• 3 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 $87k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $104,559 (9.0% below list)

Questions for the listing agent

1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% 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: 1.52% ✓
• Cap rate: 12.95%
• Cash-on-cash: 23.77%
• DSCR: 2.06
• GRM: 5.5

CMA / ARV

• ARV (median comp): $160,135
• List price: $114,900
• Delta: -28.25%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
555 Michigan Ave	0.44mi	3/2.0 (-1)	1,688 (-0%)	18mo	$207,000	$123	59
504 Tuttle Ave	0.66mi	4/2.0	1,648 (-3%)	8mo	$200,000	$121	58
1156 Freeman St	0.51mi	4/1.5	1,550 (-9%)	11mo	$80,000	$52	51
1110 Bay Ave	0.29mi	4/2.0	1,492 (-12%)	20mo	$54,900	$37	50
1060 Cottrell St	0.42mi	4/2.0	1,522 (-10%)	18mo	$30,000	$20	48
1105 Marine St	0.59mi	3/2.0 (-1)	1,500 (-12%)	3mo	$235,000	$157	46
1104 Marine St	0.56mi	3/2.0 (-1)	1,500 (-12%)	5mo	$235,000	$157	45
466 Michigan Ave	0.57mi	3/1.0 (-1)	1,620 (-4%)	15mo	$176,000	$109	45
451 Wisconsin Ave	0.70mi	3/2.0 (-1)	1,512 (-11%)	1mo	$98,000	$65	44
1103 Marine St	0.58mi	3/2.0 (-1)	1,512 (-11%)	8mo	$230,000	$152	43
1654 Duval St	0.70mi	3/1.0 (-1)	1,715 (+1%)	16mo	$71,000	$41	43
454 Dexter Ave	0.67mi	3/2.0 (-1)	1,526 (-10%)	13mo	$199,000	$130	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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 22.3%
• Equity multiple: 1.97×
• Total profit: $31,203
• Equity at exit: $17,132

10-year hold

• IRR: 33.3%
• Equity multiple: 4.77×
• Total profit: $121,441
• Equity at exit: $9,934

Cash invested: $32,172 (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 36605

• Rents YoY: 8.3%
• Active inventory: 139
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,747 high
• Mortgage (P&I): −$603
• Tax from tax record: −$92 /mo · $1,107/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$367
• Net cashflow: $637

Break-even live

Break-even rent $940

Max offer price $114,900

Occupancy floor 59%

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1204 Seneca St Mobile, AL	3.0	2.0	1425	$1,345	$0.94	14d	1	0.08mi
814 S Broad St Unit 1043690P Mobile, AL	3.0	2.0	1991	$3,562	$1.79	14d	1	0.72mi
811 Gorgas St Mobile, AL	4.0	1.0	1300	$1,310	$1.01	44d	1	0.75mi
706 Cherokee St Mobile, AL	3.0	1.0	1260	$1,375	$1.09	21d	1	1.08mi
84 S Lafayette St Unit 1043577P Mobile, AL	3.0	2.0	1496	$3,116	$2.08	14d	1	1.12mi
611 Dauphin Island Pkwy Mobile, AL	3.0	2.0	1450	$1,300	$0.90	44d	1	1.21mi
561 Dauphin Island Pkwy Mobile, AL	4.0	2.0	1389	$1,050	$0.76	44d	1	1.23mi
1660 Laurel St Mobile, AL	3.0	2.0	1768	$2,200	$1.24	14d	1	1.29mi
1141 Montauk Ave Unit 1043864P Mobile, AL	3.0	2.0	1420	$2,741	$1.93	14d	1	1.29mi
107 Macy Pl Mobile, AL	3.0	2.0	1800	$2,250	$1.25	44d	1	1.29mi
1704 McGill Ave Unit B Mobile, AL	3.0	2.5	1500	$1,750	$1.17	44d	1	1.43mi
2068 Victory Ct Mobile, AL	4.0	1.0	1259	$1,225	$0.97	44d	1	1.48mi

Listing history 41 events

1. 2026-06-18
   days on market $114,900 Active 119 DOM
2. 2026-06-17
   days on market $114,900 Active 118 DOM
3. 2026-06-16
   days on market $114,900 Active 117 DOM
4. 2026-06-15
   days on market $114,900 Active 116 DOM
5. 2026-06-14
   days on market $114,900 Active 114 DOM
6. 2026-06-13
   days on market $114,900 Active 113 DOM
7. 2026-06-10
   days on market $114,900 Active 111 DOM
8. 2026-06-09
   days on market $114,900 Active 110 DOM
9. 2026-06-08
   days on market $114,900 Active 109 DOM
10. 2026-06-07
    days on market $114,900 Active 108 DOM
11. 2026-06-05
    days on market $114,900 Active 105 DOM
12. 2026-06-03
    days on market $114,900 Active 104 DOM
13. 2026-06-02
    days on market $114,900 Active 103 DOM
14. 2026-06-01
    days on market $114,900 Active 102 DOM
15. 2026-05-31
    days on market $114,900 Active 101 DOM
16. 2026-05-30
    days on market $114,900 Active 100 DOM
17. 2026-02-20
    listed $114,900 Active 508-char remark

    Show marketing remark (508 chars)

    Tenant-occupied investment property offering immediate rental income in an established Mobile neighborhood. This well-maintained home provides a strong, turnkey opportunity for investors seeking reliable cash flow. Conveniently located near schools, shopping, and major routes, 1254 Seneca Avenue delivers consistent tenant appeal and long-term portfolio value. 4 Bedroom/2 Baths and approximately 1,700 square feet. Photo is AI generated from an actual older photo. Professional photography coming 01/27/26.

18. 2024-06-03
    soldstatus $87,400
19. 2023-04-17
    soldstatus $86,800
20. 2023-04-14
    soldstatus $86,800 Closed 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

21. 2023-04-14
    soldstatus $86,800 Closed

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

22. 2023-04-10
    status Pending
23. 2023-03-26
    status Pending 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

24. 2023-03-20
    historical

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

25. 2023-03-20
    historical Active Under Contract 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

26. 2023-03-17
    price $97,000 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

27. 2023-03-17
    price $97,000

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

28. 2023-03-11
    price $97,500 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

29. 2023-03-10
    price $97,500
30. 2023-03-04
    price $98,000 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

31. 2023-03-04
    price $98,000

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

32. 2023-02-25
    price $98,500 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

33. 2023-02-25
    price $98,500

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

34. 2023-02-17
    price $99,000 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

35. 2023-02-17
    price $99,000

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

36. 2023-02-02
    price $100,000 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

37. 2023-02-02
    listed $100,000 Active

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

38. 2023-01-20
    listed $105,000 Active 718-char remark

    Show marketing remark (718 chars)

    Fantastic opportunity for investment! This home is conveniently located near Brookley, downtown and interstate access. New flooring throughout and fresh paint along with new stainless appliances will make this large 4 bedroom 2 bath home top of every renter's list. Home has living room, dining room, indoor laundry area and potentially a 5th bedroom. The large lot allows for plenty of off street parking and still room for activities. Call your agent today and make plans to add this one to your portfolio. Home is sold as is. Buyer to complete due diligence prior to accepted offer. Property is managed by The Rent Experts. Listing agent makes no representation as to accuracy of square footage, buyer to verify

39. 2021-06-30
    soldstatus $83,000
40. 2019-10-31
    soldstatus $31,000
41. 2012-12-31
    soldstatus $1,355,000

ⓘ 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: $1,107 · $92/mo
• Projected year-2 tax: $1,107 · $92/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 ≥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: $20,963
• − Mortgage interest: −$6,436
• − Property taxes: −$1,107
• − Insurance: −$574
• − Repairs & maintenance: −$1,677
• − Management: −$1,677
• − Depreciation: −$3,343
• Taxable income: $6,148
• Est. tax owed @ 24.0%: −$1,476
• After-tax cash flow: $6,173/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): 25,104
• Household income: $43,538
• Rent vs Own: 46.3% rent · 53.7% own
• Severe rent burden: 1521.0

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: Predominantly Black (67%)
• Race & ethnicity: Black 67% White 27% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Lithuanian 3% Slovak 2% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -96.46%
• Current HPI: 125.9526
• Rent YoY: ▲ 8.26%
• 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

-91.5% since first listed

25 events — show timeline

• 2026-02-20 Listed $114,900 GCMLS AL
• 2024-06-03 Sold (Public Records) $87,400 Public Records
• 2023-04-17 Sold (Public Records) $86,800 Public Records
• 2023-04-14 Sold (MLS) $86,800 BCAR
• 2023-04-14 Sold (MLS) $86,800 GCMLS AL
• 2023-04-10 Pending — BCAR
• 2023-03-26 Pending — GCMLS AL
• 2023-03-20 Delisted — BCAR
• 2023-03-20 Contingent — GCMLS AL
• 2023-03-17 Price Changed $97,000 GCMLS AL
• 2023-03-17 Price Changed $97,000 BCAR
• 2023-03-11 Price Changed $97,500 GCMLS AL
• 2023-03-10 Price Changed $97,500 BCAR
• 2023-03-04 Price Changed $98,000 GCMLS AL
• 2023-03-04 Price Changed $98,000 BCAR
• 2023-02-25 Price Changed $98,500 GCMLS AL
• 2023-02-25 Price Changed $98,500 BCAR
• 2023-02-17 Price Changed $99,000 GCMLS AL
• 2023-02-17 Price Changed $99,000 BCAR
• 2023-02-02 Price Changed $100,000 GCMLS AL
• 2023-02-02 Listed $100,000 BCAR
• 2023-01-20 Listed $105,000 GCMLS AL
• 2021-06-30 Sold (Public Records) $83,000 Public Records
• 2019-10-31 Sold (MLS) $31,000 GCMLS AL
• 2012-12-31 Sold (Public Records) $1,355,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $1,107 · -0.2% YoY. Source: county tax records.