5734 Ramada Dr S · Mobile, AL 36693

$135,000

4 bd · 2.0 ba · 2,308 sqft · SingleFamily public records · 367 Days on market

Built 1978 0.37 ac lot $58/sqft · 51% below area ↓ 27% since listing

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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 +3.8/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

Key facts

• 0.37 acre lot
• Built 1978
• Listed 367 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $716 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.7% 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 flat; 144 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 37% of the median local income ($69k/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 $933 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.
• At projected returns (-3.0% appreciation + 0.2% rent growth), your $38k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 367 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $50k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $118,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 367 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 1978 — 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. 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.
8. 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.
9. 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: 1.57% ✓
• Cap rate: 12.65%
• Cash-on-cash: 22.72%
• DSCR: 2.01
• GRM: 5.3

CMA / ARV

• ARV (median comp): $275,855
• List price: $135,000
• Delta: -51.06%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3001 Blue Ridge Dr E	0.24mi	4/3.0	2,358 (+2%)	0mo	$360,000	$153	81
2830 Kings Mill Dr W	0.13mi	3/2.0 (-1)	2,229 (-3%)	4mo	$300,000	$135	80
5808 Appomattox Ct	0.17mi	4/2.0	2,458 (+6%)	4mo	$310,000	$126	78
5913 Rio Vista Dr	0.14mi	3/3.0 (-1)	2,182 (-6%)	2mo	$280,000	$128	73
5710 Antoine Rd	0.28mi	3/2.0 (-1)	2,026 (-12%)	2mo	$150,000	$74	60
2965 Longleaf Dr	0.72mi	3/2.0 (-1)	2,331 (+1%)	1mo	$224,900	$96	59
5536 Cross Creek Dr	0.45mi	3/2.5 (-1)	2,160 (-6%)	4mo	$417,506	$193	58
5524 Cross Creek Dr	0.48mi	4/2.0	2,033 (-12%)	3mo	$396,435	$195	55
2636 Mountbrook Dr	0.47mi	4/2.0	2,001 (-13%)	1mo	$232,000	$116	55
3549 Rue Royal	0.65mi	3/2.0 (-1)	2,007 (-13%)	0mo	$399,900	$199	43
3447 Rue Royal	0.69mi	3/2.0 (-1)	2,014 (-13%)	2mo	$365,000	$181	40
6233 Southridge Rd N	0.68mi	3/2.5 (-1)	1,987 (-14%)	2mo	$162,500	$82	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 · 0.24% rent growth · sell at horizon

5-year hold

• IRR: 12.4%
• Equity multiple: 1.48×
• Total profit: $18,036
• Equity at exit: $20,129

10-year hold

• IRR: 19.0%
• Equity multiple: 2.39×
• Total profit: $52,394
• Equity at exit: $11,672

Cash invested: $37,800 (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 36693

• Home prices YoY: -28.1%
• Rents YoY: 0.2%
• Active inventory: 144
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,114 high
• Mortgage (P&I): −$708
• Tax from tax record: −$190 /mo · $2,285/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$444
• Net cashflow: $716

Break-even live

Break-even rent $1,208

Max offer price $135,000

Occupancy floor 61%

Sensitivity live

Price	-10% $792	-5% $754	+0% $716	+5% $677	+10% $639
Rent	-10% $549	-5% $632	+0% $716	+5% $799	+10% $883
Rate	-1.0pp $784	-0.5pp $750	base $716	+0.5pp $681	+1.0pp $645

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2754 Seaton Ct Mobile, AL	3.0	2.5	1640	$1,950	$1.19	14d	1	0.63mi
4950 Government Blvd Mobile, AL	1.0–4.0	1.0–2.5	1225	$1,483	$1.21	14d	7	1.22mi
2004 Pine Needle Dr E Mobile, AL	5.0	2.5	2900	$3,800	$1.31	44d	1	1.40mi
4861 Woodcliff Dr N Mobile, AL	3.0	2.0	1610	$1,300	$0.81	44d	1	1.42mi
5901 Ole Mill Rd Mobile, AL	3.0	2.0	1600	$1,900	$1.19	44d	1	1.50mi

Listing history 30 events

1. 2026-06-18
   days on market $135,000 Active 367 DOM
2. 2026-06-17
   days on market $135,000 Active 366 DOM
3. 2026-06-16
   days on market $135,000 Active 365 DOM
4. 2026-06-15
   days on market $135,000 Active 364 DOM
5. 2026-06-14
   days on market $135,000 Active 362 DOM
6. 2026-06-13
   days on market $135,000 Active 361 DOM
7. 2026-06-10
   days on market $135,000 Active 359 DOM
8. 2026-06-09
   days on market $135,000 Active 358 DOM
9. 2026-06-08
   days on market $135,000 Active 357 DOM
10. 2026-06-07
    days on market $135,000 Active 356 DOM
11. 2026-06-05
    days on market $135,000 Active 353 DOM
12. 2026-06-03
    days on market $135,000 Active 352 DOM
13. 2026-06-02
    days on market $135,000 Active 351 DOM
14. 2026-05-31
    days on market $135,000 Active 349 DOM
15. 2026-05-30
    days on market $135,000 Active 348 DOM
16. 2026-05-05
    price $135,000 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

17. 2026-04-03
    price $140,000 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

18. 2026-02-18
    price $145,000 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

19. 2026-01-07
    status Active 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

20. 2026-01-01
    historical 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

21. 2025-12-05
    price $155,000 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

22. 2025-12-01
    status Active 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

23. 2025-12-01
    historical 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

24. 2025-10-27
    price $165,000 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

25. 2025-10-16
    status Active 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

26. 2025-10-16
    historical 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

27. 2025-09-20
    price $169,900 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

28. 2025-07-23
    price $175,000 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

29. 2025-06-12
    soldstatus $880,950
30. 2025-06-10
    listed $185,000 Active 324-char remark

    Show marketing remark (324 chars)

    Welcome to 5734 Ramada Drive South. Two bedrooms and a bath on the main level and two bedrooms and one bath upstairs. Huge living room with a den upstairs perfect for the kids to have a space to themselves. Call your favorite Realtor today for a personal tour. May be subject to the Alabama one year right of redemption.

ⓘ 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: $2,285 · $190/mo
• Projected year-2 tax: $2,285 · $190/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 3/10 Moderate
• 🌡 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: $25,371
• − Mortgage interest: −$7,562
• − Property taxes: −$2,285
• − Insurance: −$675
• − Repairs & maintenance: −$2,030
• − Management: −$2,030
• − Depreciation: −$3,927
• Taxable income: $6,862
• Est. tax owed @ 24.0%: −$1,647
• After-tax cash flow: $6,941/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): 18,726
• Household income: $68,933
• Rent vs Own: 30.1% rent · 69.9% own
• Severe rent burden: 498.0

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 White (65%)
• Race & ethnicity: White 65% Black 23% Hispanic / Latino 5% Asian 4% Two or more races 4%
• Common ancestry: Slovak 4% Italian 3% Serbian 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 4% Tagalog/Filipino 2% Vietnamese 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: ▼ -71.22%
• Current HPI: 182.6406
• Rent YoY: ▲ 0.24%
• 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

-27.0% since first listed

15 events — show timeline

• 2026-05-05 Price Changed $135,000 GCMLS AL
• 2026-04-03 Price Changed $140,000 GCMLS AL
• 2026-02-18 Price Changed $145,000 GCMLS AL
• 2026-01-07 Relisted — GCMLS AL
• 2026-01-01 Delisted — GCMLS AL
• 2025-12-05 Price Changed $155,000 GCMLS AL
• 2025-12-01 Relisted — GCMLS AL
• 2025-12-01 Delisted — GCMLS AL
• 2025-10-27 Price Changed $165,000 GCMLS AL
• 2025-10-16 Relisted — GCMLS AL
• 2025-10-16 Delisted — GCMLS AL
• 2025-09-20 Price Changed $169,900 GCMLS AL
• 2025-07-23 Price Changed $175,000 GCMLS AL
• 2025-06-12 Sold (Public Records) $880,950 Public Records
• 2025-06-10 Listed $185,000 GCMLS AL

Property tax history

+4.6%/yr

Latest (2025): $2,285 · -9.4% YoY. Source: county tax records.