1850 Old Shell Rd · Mobile, AL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.73%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +7.4/30.0
- ARV discount +6.2/15.0
- Livability +3.8/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- DSCR +1.6/10.0
- 1% rule +0.9/10.0
- Appreciation +0.0/10.0
$365,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Exquisitely remodeled 4-bedroom, 2-bathroom home situated on a desirable corner lot just minutes from the entertainment district, dining, shopping, and local attractions. No Flood Insurance Required. Featuring a durable metal roof, soaring 9+ foot ceilings, Recent renovations added over 500 additional square feet of expanded living space. This move-in-ready residence blends modern luxury with exceptional convenience. Thoughtfully renovated from top to bottom, every major component has been updated, including new HVAC, plumbing, electrical wiring, insulation, water heater, lighting, fresh interior paint, and luxury LVP flooring throughout. The open-concept design creates an impressive sense of space and flow. The chef-inspired kitchen features solid surface countertops, an oversized island with butcher block bar seating, a touchless faucet, designer fixtures, and an ideal layout for entertaining and everyday living. The primary suite serves as a private retreat with a soaking tub, separate tiled walk-in shower, and refined finishes. The secondary bath is equally luxurious, showcasing a stunning tile surround and beautiful upgraded fixtures that offer a spa-like experience for family and guests alike. Exterior highlights include the premium corner lot, a wide covered front porch, a covered back porch, and a fully fenced backyard perfect for relaxing or entertaining. The metal roof adds long-term durability and peace of mind. Completely renovated, energy-efficient, and meticulously upgraded — this turnkey home offers modern elegance, comfort, and a prime location near the heart of local entertainment. Schedule your private showing today. Seller is a licensed agent.
Key facts
- Covered front porch
- Metal roof
- Corner lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $365k.
Deal economics
- At list price, monthly cash flow is $-462 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $283k (22.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (41.4% below list).
- Recommended offer: $214k (41.4% below list) — sets the bar for 1% rule.
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: 45 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 41% 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k 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 82 days — a 6% lower offer ($343k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y ago; this cycle's ask has dropped $25k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $140k; list at $365k implies a 161% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major flood risk; 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 82 days. Have you received any prior offers? Is the seller open to a 41% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.59% ✗
- Cap rate
- 4.77%
- Cash-on-cash
- -5.43%
- DSCR
- 0.76
- GRM
- 14.2
CMA / ARV
- ARV (median comp)
- $354,494
- List price
- $365,000
- Delta
- 2.96%
- 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 |
|---|---|---|---|---|---|---|---|
| 18 Hannon Ave | 0.32mi | 3/1.0 (-1) | 1,472 (+0%) | 2mo | $253,650 | $172 | 78 |
| 21 Carlen St S | 0.22mi | 3/2.0 (-1) | 1,460 (-1%) | 2mo | $310,000 | $212 | 78 |
| 7 Van Heuval St | 0.20mi | 3/2.0 (-1) | 1,504 (+2%) | 4mo | $317,500 | $211 | 74 |
| 135 Silverwood St | 0.17mi | 3/2.0 (-1) | 1,533 (+4%) | 4mo | $289,500 | $189 | 73 |
| 53 Carlen St S | 0.30mi | 3/2.0 (-1) | 1,383 (-6%) | 1mo | $300,000 | $217 | 67 |
| 12 Carlen St S | 0.17mi | 3/2.0 (-1) | 1,604 (+9%) | 2mo | $280,000 | $175 | 66 |
| 1910 Hunter Ave | 0.58mi | 3/2.5 (-1) | 1,462 (-0%) | 4mo | $310,000 | $212 | 58 |
| 109 Mohawk St | 0.53mi | 3/2.0 (-1) | 1,544 (+5%) | 3mo | $245,000 | $159 | 55 |
| 110 Houston St | 0.45mi | 3/2.0 (-1) | 1,576 (+7%) | 4mo | $317,500 | $201 | 55 |
| 105 Crenshaw St | 0.57mi | 3/2.0 (-1) | 1,552 (+6%) | 3mo | $286,000 | $184 | 53 |
| 2103 Upham Pl | 0.33mi | 3/2.0 (-1) | 1,667 (+13%) | 2mo | $289,750 | $174 | 51 |
| 121 Macy Pl | 0.66mi | 3/2.0 (-1) | 1,375 (-6%) | 3mo | $280,000 | $204 | 47 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -25.7%
- Equity multiple
- 0.13×
- Total profit
- $-88,791
- Equity at exit
- $54,423
- IRR
- -22.3%
- Equity multiple
- -0.14×
- Total profit
- $-116,034
- Equity at exit
- $31,559
Cash invested: $102,200 (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
ZIP-level market 36607
- Active inventory
- 45
- Price-to-rent
- 14.2×
Monthly cashflow live
- Estimated rent
- $2,137 high interval (Pro) →
- Mortgage (P&I)
- −$1,914
- Tax from tax record
- −$85 /mo · $1,015/yr
- Insurance
- −$152
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$449
- Net cashflow
- $-462
Break-even live
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
- $91,250
- Closing costs
- $10,950
- 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.
Rent comps 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 129 Shell Road Pl Unit 1043713P Mobile, AL | 4.0 | 2.0 | 1496 | $3,389 | $2.27 | 21d | 1 | 0.19mi |
| 186 Stanton Rd Mobile, AL | 1.0–3.0 | 1.0–2.5 | 1263 | $2,450 | $1.94 | 43d | 1 | 0.46mi |
| 1704 McGill Ave Unit B Mobile, AL | 3.0 | 2.5 | 1500 | $1,750 | $1.17 | 43d | 1 | 0.47mi |
| 305 Indian Creek Dr E Unit 1043809P Mobile, AL | 3.0 | 2.5 | 1496 | $3,985 | $2.66 | 13d | 1 | 0.53mi |
| 1660 Laurel St Mobile, AL | 3.0 | 2.0 | 1768 | $2,200 | $1.24 | 13d | 1 | 0.58mi |
| 1566 Dauphin St Unit Back Carriage House Mobile, AL | 3.0 | 1.0 | 1300 | $1,200 | $0.92 | 43d | 1 | 0.60mi |
| 182 Williams St Unit 1043570P Mobile, AL | 3.0 | 1.0 | 1399 | $2,476 | $1.77 | 13d | 1 | 0.60mi |
| 107 Macy Pl Mobile, AL | 3.0 | 2.0 | 1800 | $2,250 | $1.25 | 43d | 1 | 0.65mi |
| 84 S Lafayette St Unit 1043577P Mobile, AL | 3.0 | 2.0 | 1496 | $3,116 | $2.08 | 13d | 1 | 0.89mi |
| 402 Havens St Mobile, AL | 4.0 | 2.0 | 960 | $1,350 | $1.41 | 13d | 1 | 0.94mi |
| 2507 Taylor Ave Mobile, AL | 3.0 | 1.0 | 1230 | $1,495 | $1.22 | 13d | 1 | 0.96mi |
| 423 Devon Dr Mobile, AL | 3.0 | 1.0 | 1220 | $950 | $0.78 | 43d | 1 | 1.05mi |
| 561 Dauphin Island Pkwy Mobile, AL | 4.0 | 2.0 | 1389 | $1,050 | $0.76 | 43d | 1 | 1.17mi |
| 510 Schwartz St Mobile, AL | 3.0 | 2.0 | 1288 | $1,400 | $1.09 | 13d | 1 | 1.22mi |
| 2500 Dauphinwood Dr Mobile, AL | 2.0–3.0 | 1.0–2.0 | 1250 | $1,395 | $1.12 | 13d | 19 | 1.23mi |
| 2656 Pathway Pl Mobile, AL | 2.0–3.0 | 1.0 | 778 | $1,261 | $1.62 | 13d | 9 | 1.25mi |
| 611 Dauphin Island Pkwy Mobile, AL | 3.0 | 2.0 | 1450 | $1,300 | $0.90 | 43d | 1 | 1.26mi |
| 1141 Montauk Ave Unit 1043864P Mobile, AL | 3.0 | 2.0 | 1420 | $2,741 | $1.93 | 13d | 1 | 1.27mi |
| 615 Mohawk St Mobile, AL | 3.0 | 1.0 | 1172 | $1,500 | $1.28 | 43d | 1 | 1.36mi |
| 618 Clarke St Mobile, AL | 3.0 | 1.0 | 1427 | $1,200 | $0.84 | 43d | 1 | 1.38mi |
| 706 Cherokee St Mobile, AL | 3.0 | 1.0 | 1260 | $1,375 | $1.09 | 21d | 1 | 1.47mi |
| 168 W Collins St Mobile, AL | 3.0 | 1.0 | 968 | $725 | $0.75 | 21d | 1 | 1.49mi |
Listing history 9 events
-
2026-05-05status Pending 1702-char remark
Show marketing remark (1702 chars)
Exquisitely remodeled 4-bedroom, 2-bathroom home situated on a desirable corner lot just minutes from the entertainment district, dining, shopping, and local attractions. No Flood Insurance Required. Featuring a durable metal roof, soaring 9+ foot ceilings, Recent renovations added over 500 additional square feet of expanded living space. This move-in-ready residence blends modern luxury with exceptional convenience. Thoughtfully renovated from top to bottom, every major component has been updated, including new HVAC, plumbing, electrical wiring, insulation, water heater, lighting, fresh interior paint, and luxury LVP flooring throughout. The open-concept design creates an impressive sense of space and flow. The chef-inspired kitchen features solid surface countertops, an oversized island with butcher block bar seating, a touchless faucet, designer fixtures, and an ideal layout for entertaining and everyday living. The primary suite serves as a private retreat with a soaking tub, separate tiled walk-in shower, and refined finishes. The secondary bath is equally luxurious, showcasing a stunning tile surround and beautiful upgraded fixtures that offer a spa-like experience for family and guests alike. Exterior highlights include the premium corner lot, a wide covered front porch, a covered back porch, and a fully fenced backyard perfect for relaxing or entertaining. The metal roof adds long-term durability and peace of mind. Completely renovated, energy-efficient, and meticulously upgraded — this turnkey home offers modern elegance, comfort, and a prime location near the heart of local entertainment. Schedule your private showing today. Seller is a licensed agent.
-
2026-04-24price $365,000 1702-char remark
Show marketing remark (1702 chars)
Exquisitely remodeled 4-bedroom, 2-bathroom home situated on a desirable corner lot just minutes from the entertainment district, dining, shopping, and local attractions. No Flood Insurance Required. Featuring a durable metal roof, soaring 9+ foot ceilings, Recent renovations added over 500 additional square feet of expanded living space. This move-in-ready residence blends modern luxury with exceptional convenience. Thoughtfully renovated from top to bottom, every major component has been updated, including new HVAC, plumbing, electrical wiring, insulation, water heater, lighting, fresh interior paint, and luxury LVP flooring throughout. The open-concept design creates an impressive sense of space and flow. The chef-inspired kitchen features solid surface countertops, an oversized island with butcher block bar seating, a touchless faucet, designer fixtures, and an ideal layout for entertaining and everyday living. The primary suite serves as a private retreat with a soaking tub, separate tiled walk-in shower, and refined finishes. The secondary bath is equally luxurious, showcasing a stunning tile surround and beautiful upgraded fixtures that offer a spa-like experience for family and guests alike. Exterior highlights include the premium corner lot, a wide covered front porch, a covered back porch, and a fully fenced backyard perfect for relaxing or entertaining. The metal roof adds long-term durability and peace of mind. Completely renovated, energy-efficient, and meticulously upgraded — this turnkey home offers modern elegance, comfort, and a prime location near the heart of local entertainment. Schedule your private showing today. Seller is a licensed agent.
-
2026-04-03price $375,600 1702-char remark
Show marketing remark (1702 chars)
Exquisitely remodeled 4-bedroom, 2-bathroom home situated on a desirable corner lot just minutes from the entertainment district, dining, shopping, and local attractions. No Flood Insurance Required. Featuring a durable metal roof, soaring 9+ foot ceilings, Recent renovations added over 500 additional square feet of expanded living space. This move-in-ready residence blends modern luxury with exceptional convenience. Thoughtfully renovated from top to bottom, every major component has been updated, including new HVAC, plumbing, electrical wiring, insulation, water heater, lighting, fresh interior paint, and luxury LVP flooring throughout. The open-concept design creates an impressive sense of space and flow. The chef-inspired kitchen features solid surface countertops, an oversized island with butcher block bar seating, a touchless faucet, designer fixtures, and an ideal layout for entertaining and everyday living. The primary suite serves as a private retreat with a soaking tub, separate tiled walk-in shower, and refined finishes. The secondary bath is equally luxurious, showcasing a stunning tile surround and beautiful upgraded fixtures that offer a spa-like experience for family and guests alike. Exterior highlights include the premium corner lot, a wide covered front porch, a covered back porch, and a fully fenced backyard perfect for relaxing or entertaining. The metal roof adds long-term durability and peace of mind. Completely renovated, energy-efficient, and meticulously upgraded — this turnkey home offers modern elegance, comfort, and a prime location near the heart of local entertainment. Schedule your private showing today. Seller is a licensed agent.
-
2026-02-21price $379,000 1702-char remark
Show marketing remark (1702 chars)
Exquisitely remodeled 4-bedroom, 2-bathroom home situated on a desirable corner lot just minutes from the entertainment district, dining, shopping, and local attractions. No Flood Insurance Required. Featuring a durable metal roof, soaring 9+ foot ceilings, Recent renovations added over 500 additional square feet of expanded living space. This move-in-ready residence blends modern luxury with exceptional convenience. Thoughtfully renovated from top to bottom, every major component has been updated, including new HVAC, plumbing, electrical wiring, insulation, water heater, lighting, fresh interior paint, and luxury LVP flooring throughout. The open-concept design creates an impressive sense of space and flow. The chef-inspired kitchen features solid surface countertops, an oversized island with butcher block bar seating, a touchless faucet, designer fixtures, and an ideal layout for entertaining and everyday living. The primary suite serves as a private retreat with a soaking tub, separate tiled walk-in shower, and refined finishes. The secondary bath is equally luxurious, showcasing a stunning tile surround and beautiful upgraded fixtures that offer a spa-like experience for family and guests alike. Exterior highlights include the premium corner lot, a wide covered front porch, a covered back porch, and a fully fenced backyard perfect for relaxing or entertaining. The metal roof adds long-term durability and peace of mind. Completely renovated, energy-efficient, and meticulously upgraded — this turnkey home offers modern elegance, comfort, and a prime location near the heart of local entertainment. Schedule your private showing today. Seller is a licensed agent.
-
2026-02-13$390,000 Active 1702-char remark
Show marketing remark (1702 chars)
Exquisitely remodeled 4-bedroom, 2-bathroom home situated on a desirable corner lot just minutes from the entertainment district, dining, shopping, and local attractions. No Flood Insurance Required. Featuring a durable metal roof, soaring 9+ foot ceilings, Recent renovations added over 500 additional square feet of expanded living space. This move-in-ready residence blends modern luxury with exceptional convenience. Thoughtfully renovated from top to bottom, every major component has been updated, including new HVAC, plumbing, electrical wiring, insulation, water heater, lighting, fresh interior paint, and luxury LVP flooring throughout. The open-concept design creates an impressive sense of space and flow. The chef-inspired kitchen features solid surface countertops, an oversized island with butcher block bar seating, a touchless faucet, designer fixtures, and an ideal layout for entertaining and everyday living. The primary suite serves as a private retreat with a soaking tub, separate tiled walk-in shower, and refined finishes. The secondary bath is equally luxurious, showcasing a stunning tile surround and beautiful upgraded fixtures that offer a spa-like experience for family and guests alike. Exterior highlights include the premium corner lot, a wide covered front porch, a covered back porch, and a fully fenced backyard perfect for relaxing or entertaining. The metal roof adds long-term durability and peace of mind. Completely renovated, energy-efficient, and meticulously upgraded — this turnkey home offers modern elegance, comfort, and a prime location near the heart of local entertainment. Schedule your private showing today. Seller is a licensed agent.
-
2024-11-01soldstatus $140,000
-
2024-10-29soldstatus $140,000 Closed 615-char remark
Show marketing remark (615 chars)
Great location off Old Shell its a corner lot with a nice fenced backyard. This three-bedroom one-bath is ready for a complete update. With high ceilings throughout and a very large dining room that flows in between the living room and kitchen the layout uses the space well. On the left side of the house it has three bedrooms and a bath It has a small basement as well for some nice storage space. Just a couple blocks from the Old Dauphin Way historic district. All information is deemed reliable but should be verified by the buyer. Call your favorite Realtor to come see this unique property or give me a call.
-
2024-09-21status Pending 615-char remark
Show marketing remark (615 chars)
Great location off Old Shell its a corner lot with a nice fenced backyard. This three-bedroom one-bath is ready for a complete update. With high ceilings throughout and a very large dining room that flows in between the living room and kitchen the layout uses the space well. On the left side of the house it has three bedrooms and a bath It has a small basement as well for some nice storage space. Just a couple blocks from the Old Dauphin Way historic district. All information is deemed reliable but should be verified by the buyer. Call your favorite Realtor to come see this unique property or give me a call.
-
2024-09-11$160,000 Active 615-char remark
Show marketing remark (615 chars)
Great location off Old Shell its a corner lot with a nice fenced backyard. This three-bedroom one-bath is ready for a complete update. With high ceilings throughout and a very large dining room that flows in between the living room and kitchen the layout uses the space well. On the left side of the house it has three bedrooms and a bath It has a small basement as well for some nice storage space. Just a couple blocks from the Old Dauphin Way historic district. All information is deemed reliable but should be verified by the buyer. Call your favorite Realtor to come see this unique property or give me a call.
ⓘ 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
- $1,015 · $85/mo
- Projected year-2 tax
- $1,497 · $125/mo
- Expected delta
- +$482/yr (+$40/mo · 47.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 73% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,646
- − Mortgage interest
- −$20,446
- − Property taxes
- −$1,015
- − Insurance
- −$1,825
- − Repairs & maintenance
- −$2,052
- − Management
- −$2,052
- − Depreciation
- −$10,618
- Taxable loss
- −$12,361
- Est. tax savings @ 24.0%
- +$2,967
- After-tax cash flow
- $-2,582/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Mobile, AL
- City population
- 205,729
- Population (ZIP)
- 5,529
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
- Majority Black (56%)
- Race & ethnicity
- Black 56% White 40% Two or more races 3%
- Common ancestry
- Slovak 4% Lithuanian 2% Scotch-Irish 1%
- Foreign-born
- 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
- ▼ -155.04%
- Current HPI
- 127.0483
- 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
+128.1% since first listed9 events — show timeline
- 2026-05-05 Pending — GCMLS AL
- 2026-04-24 Price Changed $365,000 GCMLS AL
- 2026-04-03 Price Changed $375,600 GCMLS AL
- 2026-02-21 Price Changed $379,000 GCMLS AL
- 2026-02-13 Listed $390,000 GCMLS AL
- 2024-11-01 Sold (Public Records) $140,000 Public Records
- 2024-10-29 Sold (MLS) $140,000 GCMLS AL
- 2024-09-21 Pending — GCMLS AL
- 2024-09-11 Listed $160,000 GCMLS AL
Property tax history
+15.4%/yrLatest (2025): $1,015 · +3.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…