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11365 Johnson Aly
B- Composite 67.44
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +2.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.3/10.0
  • Appreciation +0.0/10.0

$25,000

11365 Johnson Aly · Bayou La Batre, AL 36544
3 bd · 2.0 ba · 139 sqft · Other public records · 36 Days on market
Built 1979 0.50 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This investment opportunity is ready for a new owner. Located in a country setting and sitting on half an acre, this property offers a peaceful feel with plenty of natural surroundings and privacy. This home is ready for a full renovation and gives the next owner a chance to bring their own vision to life. It could be a great option for a buyer looking for a project, future resale opportunity, rental potential, or a property to make their own over time. With the right updates and care, this property has plenty of room to add value. If you have been looking for a project with space, privacy, and potential, this one is a for sure must see!

Key facts

  • Rental potential
  • Space
  • Privacy

Tags

FULL RENOVATIONRENTAL POTENTIALADD VALUESPACEPRIVACY

Property features AI

Exterior

  • Parking: No designated parking
  • Utilities: Public sewer; Other electric and utility services
  • Home design: Single family residence; Residential property
  • Construction: Concrete construction; Built in 1979; Slab foundation
  • Exterior features: No notable exterior features; No fencing; No pool or spa; Property has a view; No waterfront

Interior

  • Kitchen: Other kitchen features
  • Bedrooms: 3 bedrooms
  • Flooring: Other flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air; Ceiling fan(s)
  • Interior features: Other interior features; No fireplace; Basement not present
  • Laundry & utility: Other utilities/appliances

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath other listed at $25k.

Deal economics

  • At list price, monthly cash flow is $655 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $25k).
  • Recommended offer: $24k (3.0% below list) — sets the bar for market timing.
  • Cap rate 37.7% vs local median 4.5% in Bayou La Batre — 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 53/100 on livability (#493 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: health & safety D+, crime F, amenities 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.
  • Zoned schools: Dixon Elementary School (math 14% / reading 48%, grade F, #360 of 627 statewide, top 58%, 503 students, 76% FRL); Alma Bryant High School (math 16% / reading 21%, grade F, #184 of 305 statewide, top 61%, 1,617 students, 61% FRL) — zoned schools at 68% FRL track the district average.
  • Market conditions: 84 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 (-3.0%/yr); year-one equity from $173 of loan paydown is wiped out by about $750 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 + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 36 days — a 3% lower offer ($24k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $24,250 (3.0% below list)

Questions for the listing agent

  1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
4.14%
Cap rate
37.72%
Cash-on-cash
112.25%
DSCR
5.99
GRM
2.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
Equity multiple
6.38×
Total profit
$37,662
Equity at exit
$3,728
10-year hold
IRR
Equity multiple
13.36×
Total profit
$86,536
Equity at exit
$2,162

Cash invested: $7,000 (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.

ZIP-level market 36544

Home prices YoY
-17.6%
Active inventory
84
Price-to-rent
2.0×

Monthly cashflow live

Estimated rent
$1,036 medium interval (Pro) →
Mortgage (P&I)
$131
Tax from tax record
$22 /mo · $268/yr
Insurance
$10
HOA
$0
Vacancy / Maint / Mgmt
$218
Net cashflow
$655

Break-even live

Break-even rent $207
Max offer price $25,000
Occupancy floor 32%

Sensitivity live

Price -10% $669 -5% $662 +0% $655 +5% $648 +10% $641
Rent -10% $573 -5% $614 +0% $655 +5% $696 +10% $737
Rate -1.0pp $667 -0.5pp $661 base $655 +0.5pp $648 +1.0pp $642

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
$6,250
Closing costs
$750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 20 events

  1. 2026-06-21
    days on market $25,000 Active 36 DOM
  2. 2026-06-18
    days on market $25,000 Active 33 DOM
  3. 2026-06-17
    price $25,000 Active 32 DOM
  4. 2026-06-17
    days on market $30,000 Active 32 DOM
  5. 2026-06-16
    days on market $30,000 Active 31 DOM
  6. 2026-06-15
    days on market $30,000 Active 30 DOM
  7. 2026-06-14
    days on market $30,000 Active 28 DOM
  8. 2026-06-13
    days on market $30,000 Active 27 DOM
  9. 2026-06-10
    days on market $30,000 Active 25 DOM
  10. 2026-06-09
    remarks 645-char remark
  11. 2026-06-09
    days on market $30,000 Active 24 DOM
  12. 2026-06-08
    days on market $30,000 Active 23 DOM
  13. 2026-06-07
    days on market $30,000 Active 22 DOM
  14. 2026-06-05
    days on market $30,000 Active 19 DOM
  15. 2026-06-03
    days on market $30,000 Active 18 DOM
  16. 2026-06-02
    days on market $30,000 Active 17 DOM
  17. 2026-06-01
    days on market $30,000 Active 16 DOM
  18. 2026-05-31
    days on market $30,000 Active 15 DOM
  19. 2026-05-30
    days on market $30,000 Active 14 DOM
  20. 2026-05-16
    listed $30,000 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
$268 · $22/mo
Projected year-2 tax
$268 · $22/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 6/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 22 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$12,435
− Mortgage interest
−$1,400
− Property taxes
−$268
− Insurance
−$125
− Repairs & maintenance
−$995
− Management
−$995
− Depreciation
−$727
Taxable income
$7,925
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,902
After-tax cash flow
$5,955/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 — Bayou La Batre

Score
53/100
State rank
#493
US rank
#24654

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
1,462
Population (ZIP)
10,800

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 (79%)
Race & ethnicity
White 79% Asian 8% Black 6% Hispanic / Latino 4% Two or more races 3%
Common ancestry
Lithuanian 4% Serbian 1% Italian 1%
Foreign-born
7% · Vietnam, Canada
Languages at home
90% English-only · Vietnamese 6% Other Asian/Pacific 2% 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
▼ -44.84%
Current HPI
210.5625
Rent YoY
Metro
State GDP YoY
▲ 2.94%
F500 in state
4

Industry mix (Fortune 500 HQ in AL)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-16 Listed $30,000 GCMLS AL

Property tax history

+17.4%/yr

Latest (2025): $268 · -0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…