27447 Curry Ln · Loxley, AL 36551

$104,900

3 bd · 2.0 ba · 1,050 sqft · SingleFamily public records · 151 Days on market

Built 1950 0.47 ac lot $100/sqft · 26% below area

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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
• Schools +3.9/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

Key facts

• 2 kitchens
• Wooded property
• 0.47 acre lot

Tags

• 2 KITCHENS
• WOODED PROPERTY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $739 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.7% vs local median 4.1% in Loxley — 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 66/100 on livability (#95 in AL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, employment B; Watch: schools D, crime D, amenities F.
• Baldwin County (rural): math 33% / reading 57% proficiency, ranked #18 of 129 in AL (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 166 active listings in the ZIP; 3,883 units permitted in Baldwin County in 2024 (481 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $725 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Baldwin County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 151 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $105k implies a 61% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 151 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 1950 — 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 D 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: 1.68% ✓
• Cap rate: 14.74%
• Cash-on-cash: 30.18%
• DSCR: 2.34
• GRM: 5.0

CMA / ARV

• ARV (median comp): $323,770
• List price: $104,900
• Delta: -67.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 24.8%
• Equity multiple: 2.02×
• Total profit: $30,033
• Equity at exit: $15,641

10-year hold

• IRR: 32.6%
• Equity multiple: 3.95×
• Total profit: $86,667
• Equity at exit: $9,070

Cash invested: $29,372 (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 36551

• Home prices YoY: -19.6%
• Active inventory: 166
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,765 medium
• Mortgage (P&I): −$550
• Tax from tax record: −$62 /mo · $738/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $739

Break-even live

Break-even rent $830

Max offer price $104,900

Occupancy floor 53%

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-08
   status $104,900 Pending 151 DOM
2. 2026-06-07
   days on market $104,900 Active 151 DOM
3. 2026-06-03
   days on market $104,900 Active 147 DOM
4. 2026-06-02
   days on market $104,900 Active 146 DOM
5. 2026-06-01
   days on market $104,900 Active 145 DOM
6. 2026-05-31
   days on market $104,900 Active 144 DOM
7. 2026-05-30
   days on market $104,900 Active 143 DOM
8. 2026-04-21
   price $104,900 247-char remark

   Show marketing remark (247 chars)

   Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

9. 2026-04-03
   status Active 247-char remark

   Show marketing remark (247 chars)

   Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

10. 2026-01-21
    status Pending 247-char remark

    Show marketing remark (247 chars)

    Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

11. 2026-01-08
    price $114,900 247-char remark

    Show marketing remark (247 chars)

    Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

12. 2025-11-24
    price $119,900 247-char remark

    Show marketing remark (247 chars)

    Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

13. 2025-10-27
    listed $129,900 Active 247-char remark

    Show marketing remark (247 chars)

    Great rental or multigenerational living opportunity. Was being used as 2 separate units. Total of 5 bed 5 baths (3 full 2 half). Property needs rehab. On nearly a half acre of wooded property. Buyer to verify all information during due diligence.

14. 2025-09-17
    soldstatus $65,000

ⓘ 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: $738 · $62/mo
• Projected year-2 tax: $738 · $62/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,175
• − Mortgage interest: −$5,876
• − Property taxes: −$738
• − Insurance: −$524
• − Repairs & maintenance: −$1,694
• − Management: −$1,694
• − Depreciation: −$3,052
• Taxable income: $7,597
• Est. tax owed @ 24.0%: −$1,823
• After-tax cash flow: $7,041/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: Baldwin County
• NCES district ID: 0100270
• Math proficiency: 33% ▼ -26.00%
• Reading proficiency: 57% ▲ 1.00%
• Median HH income: $50,677
• Composite: 38.61/100
• National rank: #4157
• State rank: #18 of 129 in AL

Livability — Loxley

• Score: 66/100
• State rank: #95
• US rank: #11346

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 12,915

Population outlook (Baldwin County) Hauer SSP2

• Today (2025): 248,264 people
• By 2030: 270,315 · +8.9%
• By 2040: 312,967 · +26.1%
• By 2050: 352,262 · +41.9%
• By 2075: 438,841 · +76.8%
• By 2100: 487,736 · +96.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 15% Hispanic / Latino 6% Two or more races 3% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Baldwin

• 2024 margin: Solid R (+58.2) · D 20.5% · R 78.7%
• 2008→2024 swing: -6.7pp toward R · 2008: -51.5pp · 2024: -58.2pp
• All cycles: 2024: R+58.2 2020: R+53.8 2016: R+57.8 2012: R+55.8 2008: R+51.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.18%
• Current HPI: 291.8584
• 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

+61.4% since first listed

7 events — show timeline

• 2026-04-21 Price Changed $104,900 BCAR
• 2026-04-03 Relisted — BCAR
• 2026-01-21 Pending — BCAR
• 2026-01-08 Price Changed $114,900 BCAR
• 2025-11-24 Price Changed $119,900 BCAR
• 2025-10-27 Listed $129,900 BCAR
• 2025-09-17 Sold (Public Records) $65,000 Public Records

Property tax history

+11.3%/yr

Latest (2025): $738 · +19.9% YoY. Source: county tax records.