4153 Yorkshire Ln · Mobile, AL 36609

$145,900

3 bd · 1.0 ba · 1,025 sqft · SingleFamily public records · 70 Days on market

Built 1955 8,489 sqft lot $142/sqft · 6% above area Est $137k · 6% over

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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).

• Cash flow +18.8/30.0
• DSCR +5.9/10.0
• ARV discount +4.6/15.0
• 1% rule +3.8/10.0
• 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

Seller will entertain offers between $149,000-$159,000. Welcome home to this newly renovated move in ready 3 bed 1 bath in the heart of Mobile conveniently located to shopping, dining, the University of South Alabama, I-65, and much more! This home features a brand-new HVAC inside & out, new stackable washer & dryer to remain per seller, new roof, new electric hot water heater, an updated kitchen, appliance package along with an updated bathroom! It is ready for you to move in and make it home! Enjoy a large fenced in backyard perfect for entertaining, plus a carport with an attached storage shed. Buyer to verify all facts relating to property.

Key facts

• Updated kitchen
• Move in ready
• Brand new hvac

Tags

• NEWLY RENOVATED
• MOVE IN READY
• BRAND NEW HVAC
• NEW ROOF
• UPDATED KITCHEN
• UPDATED BATHROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $146k.

Deal economics

• At list price, monthly cash flow is $146 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $129k (11.8% below list).
• Recommended offer: $129k (11.8% below list) — sets the bar for 1% rule.
• Cap rate 7.5% 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: 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: Elizabeth Fonde Elementary School (math 6% / reading 26%, grade F, #502 of 627 statewide, top 80%, 725 students, 87% FRL); Denton Magnet School of Technology (math 26% / reading 69%, grade C-, #32 of 257 statewide, top 12%, 314 students, 94% FRL); Wp Davidson High School (math 36% / reading 41%, grade F, #37 of 305 statewide, top 12%, 1,535 students, 61% FRL).
• Market conditions: Rents rising (+3.1%/yr); 145 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 31% of the median local income ($50k/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 $1k 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 70 days — a 6% lower offer ($137k) 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.

Risks & watch-outs

• Watch-outs: built in 1955 — 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 $128,626 (11.8% below list)

Questions for the listing agent

1. It's been on market 70 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. 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?
8. 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.
9. 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.
10. 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: 0.88% ✗
• Cap rate: 7.49%
• Cash-on-cash: 4.28%
• DSCR: 1.19
• GRM: 9.5

CMA / ARV

• ARV (median comp): $137,011
• List price: $145,900
• Delta: 6.49%
• Verdict: FAIR
• 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	0.06mi	2/1.0 (-1)	1,044 (+2%)	1mo	$139,000	$133	88
4061 Sallie Ct	0.58mi	3/1.0	1,014 (-1%)	2mo	$138,500	$137	69
4057 Gaylark Rd N	0.48mi	3/1.0	1,080 (+5%)	2mo	$140,000	$130	67
4017 Meadow Wood Curv	0.55mi	3/1.0	1,080 (+5%)	3mo	$139,900	$130	63
618 Wesley Ln E	0.66mi	3/1.0	1,045 (+2%)	6mo	$135,000	$129	61
4156 Palmdale Dr	0.61mi	3/1.0	984 (-4%)	6mo	$120,000	$122	60
502 Meadow Wood Curv E	0.57mi	3/1.0	1,080 (+5%)	6mo	$139,000	$129	59
552 Tamworth Ct	0.44mi	3/1.0	1,135 (+11%)	3mo	$159,500	$141	59
4001 Sunnyvale Ln S	0.64mi	3/1.0	1,080 (+5%)	3mo	$117,000	$108	58
4275 Raines Dr	0.73mi	3/1.0	1,107 (+8%)	2mo	$172,000	$155	51
4108 Bonnie Ln	0.54mi	3/2.0	1,136 (+11%)	7mo	$175,000	$154	47
661 Raines Dr	0.74mi	3/1.5	1,134 (+11%)	1mo	$122,000	$108	45

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: -9.6%
• Equity multiple: 0.65×
• Total profit: $-14,333
• Equity at exit: $21,754

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-420
• Equity at exit: $12,615

Cash invested: $40,852 (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: 145
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,286 high
• Mortgage (P&I): −$765
• Tax from tax record: −$44 /mo · $534/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $146

Break-even live

Break-even rent $1,102

Max offer price $145,900

Occupancy floor 84%

Sensitivity live

Price	-10% $228	-5% $187	+0% $146	+5% $104	+10% $63
Rent	-10% $44	-5% $95	+0% $146	+5% $197	+10% $247
Rate	-1.0pp $219	-0.5pp $183	base $146	+0.5pp $108	+1.0pp $69

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: $36,475
• Closing costs: $4,377
• 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	45d	1	0.14mi
833 S University Blvd Mobile, AL	1.0–2.0	1.0–2.0	855	$1,190	$1.39	15d	12	0.25mi
5155 Ridgedale Rd Mobile, AL	3.0	1.5	1263	$1,400	$1.11	15d	1	0.27mi
550 Tamworth Ct Mobile, AL	3.0	1.0	1000	$1,295	$1.29	45d	1	0.42mi
552 Tamworth Ct Mobile, AL	3.0	1.0	1100	$1,450	$1.32	45d	1	0.44mi
701 S University Blvd Mobile, AL	2.0	1.0	692	$1,093	$1.58	23d	10	0.50mi
4057 Gaylark Rd N Mobile, AL	3.0	1.0	1080	$1,275	$1.18	23d	1	0.50mi
4161 Rebecca Rd Mobile, AL	3.0	1.0	1214	$1,500	$1.24	15d	1	0.57mi
654 Ynestra Dr Mobile, AL	3.0	1.5	1134	$1,300	$1.15	15d	1	0.70mi
4077 Lancewood Dr S Mobile, AL	4.0	1.0	1283	$1,600	$1.25	45d	1	0.78mi
4213 Malibar Dr Mobile, AL	3.0	1.0	1100	$1,458	$1.33	23d	1	0.83mi
900 Downtowner Blvd Mobile, AL	1.0–3.0	1.0–2.5	1029	$1,449	$1.41	15d	32	0.86mi
4242 Marmora Dr Mobile, AL	3.0	1.5	1053	$1,500	$1.42	45d	1	0.86mi
3800 Michael Blvd Mobile, AL	1.0–2.0	1.0–2.0	854	$942	$1.10	15d	15	0.92mi
506 Seville Dr Mobile, AL	3.0	1.5	1200	$1,350	$1.12	15d	1	1.02mi
651 Azalea Rd Mobile, AL	2.0–3.0	1.0–1.5	890	$1,232	$1.38	45d	1	1.02mi
5900 Grelot Rd Mobile, AL	2.0	2.0–2.5	1259	$1,600	$1.27	15d	2	1.11mi
4670 Rosewood Dr Mobile, AL	3.0	2.0	1192	$1,200	$1.01	15d	1	1.21mi
1651 Knollwood Dr Mobile, AL	1.0–2.0	1.0–2.0	835	$1,247	$1.49	15d	16	1.22mi
561 Village Green Dr E Mobile, AL	2.0	1.0	880	$1,000	$1.14	15d	4	1.24mi
3993 Cottage Hill Rd Mobile, AL	2.0	1.5	1150	$895	$0.78	45d	1	1.34mi
3920 Berwyn Dr S Mobile, AL	1.0–3.0	1.0–2.0	1427	$1,700	$1.19	15d	34	1.36mi
6075 Grelot Rd Mobile, AL	2.0	1.0	1050	$1,215	$1.16	15d	1	1.40mi
3600 Michael Blvd Mobile, AL	2.0	1.5	750	$949	$1.27	15d	3	1.49mi

Listing history 17 events

1. 2026-06-03
   status $145,900 Pending 70 DOM
2. 2026-06-02
   days on market $145,900 Active 70 DOM
3. 2026-06-01
   days on market $145,900 Active 69 DOM
4. 2026-05-31
   days on market $145,900 Active 68 DOM
5. 2026-05-30
   days on market $145,900 Active 67 DOM
6. 2026-05-18
   price $145,900 660-char remark

   Show marketing remark (660 chars)

   Seller will entertain offers between $149,000-$159,000. Welcome home to this newly renovated move in ready 3 bed 1 bath in the heart of Mobile conveniently located to shopping, dining, the University of South Alabama, I-65, and much more! This home features a brand-new HVAC inside & out, new stackable washer & dryer to remain per seller, new roof, new electric hot water heater, an updated kitchen, appliance package along with an updated bathroom! It is ready for you to move in and make it home! Enjoy a large fenced in backyard perfect for entertaining, plus a carport with an attached storage shed. Buyer to verify all facts relating to property.

7. 2026-03-24
   listed $149,159 Active 660-char remark

   Show marketing remark (660 chars)

   Seller will entertain offers between $149,000-$159,000. Welcome home to this newly renovated move in ready 3 bed 1 bath in the heart of Mobile conveniently located to shopping, dining, the University of South Alabama, I-65, and much more! This home features a brand-new HVAC inside & out, new stackable washer & dryer to remain per seller, new roof, new electric hot water heater, an updated kitchen, appliance package along with an updated bathroom! It is ready for you to move in and make it home! Enjoy a large fenced in backyard perfect for entertaining, plus a carport with an attached storage shed. Buyer to verify all facts relating to property.

8. 2024-07-11
   soldstatus $135,000
9. 2024-07-10
   soldstatus $135,000 Closed 236-char remark

   Show marketing remark (236 chars)

   Newly renovated 3 bed 1 bath in the heart of Mobile! This home has an updated kitchen and appliance package along with an updated bathroom! It is ready for you to move in and make it home! Buyer to verify all facts relating to property.

10. 2024-06-15
    status Pending 236-char remark

    Show marketing remark (236 chars)

    Newly renovated 3 bed 1 bath in the heart of Mobile! This home has an updated kitchen and appliance package along with an updated bathroom! It is ready for you to move in and make it home! Buyer to verify all facts relating to property.

11. 2024-06-07
    listed $129,900 Active 236-char remark

    Show marketing remark (236 chars)

    Newly renovated 3 bed 1 bath in the heart of Mobile! This home has an updated kitchen and appliance package along with an updated bathroom! It is ready for you to move in and make it home! Buyer to verify all facts relating to property.

12. 2024-04-23
    soldstatus $190,500
13. 2023-09-14
    soldstatus $85,000
14. 2023-08-31
    soldstatus $85,000 Closed
15. 2023-08-05
    status Pending
16. 2023-07-10
    listed $94,900 Active
17. 2023-06-05
    price $100,000

ⓘ 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: $534 · $44/mo
• Projected year-2 tax: $598 · $50/mo
• Expected delta: +$64/yr (+$5/mo · 12.1%)

ⓘ 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,435
• − Mortgage interest: −$8,173
• − Property taxes: −$534
• − Insurance: −$730
• − Repairs & maintenance: −$1,235
• − Management: −$1,235
• − Depreciation: −$4,244
• Taxable loss: −$715
• Est. tax savings @ 24.0%: +$172
• After-tax cash flow: $1,921/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

+45.9% since first listed

12 events — show timeline

• 2026-05-18 Price Changed $145,900 GCMLS AL
• 2026-03-24 Listed $149,159 GCMLS AL
• 2024-07-11 Sold (Public Records) $135,000 Public Records
• 2024-07-10 Sold (MLS) $135,000 GCMLS AL
• 2024-06-15 Pending — GCMLS AL
• 2024-06-07 Listed $129,900 GCMLS AL
• 2024-04-23 Sold (Public Records) $190,500 Public Records
• 2023-09-14 Sold (Public Records) $85,000 Public Records
• 2023-08-31 Sold (MLS) $85,000 GCMLS AL
• 2023-08-05 Pending — GCMLS AL
• 2023-07-10 Listed $94,900 GCMLS AL
• 2023-06-05 Price Changed $100,000 GCMLS AL

Property tax history

+1.4%/yr

Latest (2025): $534 · -23.5% YoY. Source: county tax records.