675 Wilson Blvd · Axis, AL 36505

$200,000

5 bd · 3.0 ba · 3,460 sqft · SingleFamily public records · 65 Days on market

Built 1971 1.40 ac lot $58/sqft · 44% below area Est $360k · 44% under

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Why this score? — see what drove the C+ 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 +21.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +4.5/10.0
• Appreciation +3.6/10.0
• Livability +2.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks MLS

If you need lots of living area in unusual home check out this property. The house consist of 3 separate living areas all under one roof. The main unit 1A in the middle consist of living room, kitchen, two bedrooms, one partial bathroom, 2 rooms that could be dining, family room, office, or extra bedroom with addition of closets. Has enclosed porch on back, and porch in front leading to single carport. Unit 2B to left side of house has 1 bedroom, 1 bathroom, partial kitchen, large living room and extra room with multiple uses. Unit 3C to right side of house has large living/dining/kitchen area, two bedrooms and 1 bathroom. Seller says two lots in back may convey with the house (lots face McBride Circle N--buyer to verify) This home "sold in current as is condition" and may have deed/zoning or legally restricted use, buyer should verify legal permitted use of house prior to making offer. All information about property from public records and should be verified by buyer prior to making offer along with use of the property. The seller or listing company makes no representation as to use, living area, lot size or number of lots, room count, number of bed/baths or condition of this property. Maybe subject to one year right of redemption. Call your favorite real estate agent for showing today.

Key facts

• Single carport
• Multiple uses
• Enclosed porch

Tags

• SEPARATE LIVING AREAS
• ENCLOSED PORCH
• SINGLE CARPORT
• MULTIPLE USES

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/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 $190k (4.9% below list).
• Recommended offer: $188k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 52/100 on livability (#497 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime A; Watch: schools F, amenities F, commute F.
• 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: 18 active listings in the ZIP; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.8%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 65 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $164k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $188,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — 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 F-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. 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: 0.95% ✗
• Cap rate: 8.10%
• Cash-on-cash: 6.44%
• DSCR: 1.29
• GRM: 8.8

CMA / ARV

• ARV (median comp): $359,900
• List price: $200,000
• Delta: -44.43%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
847 Country Ln	0.38mi	5/3.5	3,130 (-10%)	9mo	$415,000	$133	56

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

Projected returns pro-forma

-2.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.7%
• Equity multiple: 0.79×
• Total profit: $-12,029
• Equity at exit: $31,215

10-year hold

• IRR: 3.6%
• Equity multiple: 1.27×
• Total profit: $14,970
• Equity at exit: $19,697

Cash invested: $56,000 (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 36505

• Home prices YoY: -1.4%
• Active inventory: 18
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,901 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$69 /mo · $827/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $301

Break-even live

Break-even rent $1,520

Max offer price $200,000

Occupancy floor 79%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $200,000 Active 65 DOM
2. 2026-06-17
   days on market $200,000 Active 64 DOM
3. 2026-06-16
   days on market $200,000 Active 63 DOM
4. 2026-06-15
   days on market $200,000 Active 62 DOM
5. 2026-06-14
   days on market $200,000 Active 60 DOM
6. 2026-06-13
   days on market $200,000 Active 59 DOM
7. 2026-06-10
   days on market $200,000 Active 57 DOM
8. 2026-06-09
   days on market $200,000 Active 56 DOM
9. 2026-06-08
   days on market $200,000 Active 55 DOM
10. 2026-06-07
    days on market $200,000 Active 54 DOM
11. 2026-06-05
    days on market $200,000 Active 51 DOM
12. 2026-06-03
    days on market $200,000 Active 50 DOM
13. 2026-06-02
    days on market $200,000 Active 49 DOM
14. 2026-06-01
    days on market $200,000 Active 48 DOM
15. 2026-05-31
    days on market $200,000 Active 47 DOM
16. 2026-05-30
    days on market $200,000 Active 46 DOM
17. 2026-04-14
    listed $200,000 Active 1318-char remark

    Show marketing remark (1318 chars)

    If you need lots of living area in unusual home check out this property. The house consist of 3 separate living areas all under one roof. The main unit 1A in the middle consist of living room, kitchen, two bedrooms, one partial bathroom, 2 rooms that could be dining, family room, office, or extra bedroom with addition of closets. Has enclosed porch on back, and porch in front leading to single carport. Unit 2B to left side of house has 1 bedroom, 1 bathroom, partial kitchen, large living room and extra room with multiple uses. Unit 3C to right side of house has large living/dining/kitchen area, two bedrooms and 1 bathroom. Seller says two lots in back may convey with the house (lots face McBride Circle N--buyer to verify) This home "sold in current as is condition" and may have deed/zoning or legally restricted use, buyer should verify legal permitted use of house prior to making offer. All information about property from public records and should be verified by buyer prior to making offer along with use of the property. The seller or listing company makes no representation as to use, living area, lot size or number of lots, room count, number of bed/baths or condition of this property. Maybe subject to one year right of redemption. Call your favorite real estate agent for showing today.

18. 2025-06-05
    soldstatus $163,587
19. 2022-06-06
    soldstatus $165,000
20. 2022-05-18
    soldstatus $165,000 1237-char remark

    Show marketing remark (1237 chars)

    This is the unique property you have been looking for. This home has 2 additional living spaces to the left and the right sides all under the same roof. (Please refer to the drawing for reference of living spaces A,B & C). The main living space (A), has 3 very spacious rooms all with oversized doorframes and 1 bathroom. There is a large dinning room just of the kitchen with a walk in laundry room/utility closet. The living space is very large with beautiful hardwood floors. Living space B to the left of the main home has 3 very large rooms available. These rooms can easily be used for an at home office, gym. There is a full bathroom located in the hallway with a large storage room located near the back of the home. Living space C to the right of the main home is the “Mother-in-law Suite”. There is a large kitchen with eat-in dining room. There are also two bedrooms and a large bathroom. There is so much you can do with this home all under one roof. If you home school, need at home office space, love to workout, or simply need space for the family, this is the perfect setup for you. ***Listing Agent makes no representation to accuracy of sq. ft. Buyer to verify. Any and all updates are per Seller(s).***

21. 2015-11-30
    soldstatus $67,500
22. 2015-11-04
    soldstatus $67,500

ⓘ 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: $827 · $69/mo
• Projected year-2 tax: $827 · $69/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $22,812
• − Mortgage interest: −$11,203
• − Property taxes: −$827
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,825
• − Management: −$1,825
• − Depreciation: −$5,818
• Taxable income: $314
• Est. tax owed @ 24.0%: −$75
• After-tax cash flow: $3,533/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 — Axis

• Score: 52/100
• State rank: #497
• US rank: #24802

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Axis, AL
• Population (ZIP): 911

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 White (93%)
• Race & ethnicity: White 93% Native American 4% Two or more races 2% Black 1%
• Common ancestry: Slovak 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: ▼ -2.84%
• Current HPI: 197.479
• 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

+196.3% since first listed

6 events — show timeline

• 2026-04-14 Listed $200,000 GCMLS AL
• 2025-06-05 Sold (Public Records) $163,587 Public Records
• 2022-06-06 Sold (Public Records) $165,000 Public Records
• 2022-05-18 Sold (MLS) $165,000 GCMLS AL
• 2015-11-30 Sold (Public Records) $67,500 Public Records
• 2015-11-04 Sold (Public Records) $67,500 Public Records

Property tax history

-2.4%/yr

Latest (2025): $827 · +2.9% YoY. Source: county tax records.