6128 N Lindholm Dr · Mobile, AL 36693

$239,000

4 bd · 2.0 ba · 1,982 sqft · SingleFamily public records · 683 Days on market

Built 1973 0.35 ac lot $121/sqft · at area comps Est $249k · at est.

---

Why this score? — see what drove the D- 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 +10.8/30.0
• ARV discount +9.3/15.0
• Livability +3.8/5.0
• DSCR +3.1/10.0
• 1% rule +2.6/10.0
• 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

Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

Key facts

• Hvac updated
• Water heater updated
• New fortified roof

Tags

• DETACHED STORAGE BUILDING
• NEW FORTIFIED ROOF
• HVAC UPDATED
• WATER HEATER UPDATED
• ENERGY EFFICIENT WINDOWS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $239k.

Deal economics

• At list price, monthly cash flow is $-110 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $220k (8.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (24.5% below list).
• Recommended offer: $181k (24.5% 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: Rents flat; 144 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 31% 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 $2k of loan paydown is wiped out by about $7k 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 683 days — a 12% lower offer ($210k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $180,563 (24.5% below list)

Questions for the listing agent

1. 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?
2. It's been on market 683 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.76% ✗
• Cap rate: 5.74%
• Cash-on-cash: -1.97%
• DSCR: 0.91
• GRM: 11.0

CMA / ARV

• ARV (median comp): $249,005
• List price: $239,000
• Delta: -4.02%
• 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
6233 Southridge Rd N	0.17mi	3/2.5 (-1)	1,987 (+0%)	2mo	$162,500	$82	83
6133 Lindholm Dr	0.04mi	3/3.0 (-1)	1,870 (-6%)	1mo	$250,000	$134	79
2805 Gaslight Ln	0.38mi	4/2.0	2,087 (+5%)	3mo	$279,900	$134	71
3140 Lloyds Ln	0.23mi	3/2.0 (-1)	1,760 (-11%)	3mo	$230,000	$131	63
5920 Cricket Ln	0.36mi	3/2.0 (-1)	1,813 (-8%)	2mo	$245,000	$135	62
5710 Antoine Rd	0.71mi	3/2.0 (-1)	2,026 (+2%)	2mo	$150,000	$74	57
6413 Stonemill Run	0.43mi	3/2.0 (-1)	1,765 (-11%)	1mo	$234,000	$133	56
5917 Cricket Ln	0.37mi	3/2.5 (-1)	1,739 (-12%)	1mo	$263,500	$152	54
5913 Rio Vista Dr	0.38mi	3/3.0 (-1)	2,182 (+10%)	2mo	$280,000	$128	54
6583 Addison Woods Dr	0.58mi	4/2.0	1,734 (-12%)	2mo	$240,000	$138	51
6609 Blakeley Ct	0.69mi	3/2.0 (-1)	1,833 (-8%)	1mo	$257,000	$140	50
2605 Woodland Rd	0.54mi	3/2.0 (-1)	1,708 (-14%)	2mo	$259,000	$152	45

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: -22.5%
• Equity multiple: 0.24×
• Total profit: $-50,637
• Equity at exit: $35,636

10-year hold

• IRR: -24.9%
• Equity multiple: -0.08×
• Total profit: $-72,214
• Equity at exit: $20,664

Cash invested: $66,920 (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: 11.0×

Monthly cashflow live

• Estimated rent: $1,806 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$183 /mo · $2,198/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $-110

Break-even live

Break-even rent $1,944

Max offer price $219,625

Occupancy floor —

Sensitivity live

Price	-10% $26	-5% $-42	+0% $-110	+5% $-177	+10% $-245
Rent	-10% $-252	-5% $-181	+0% $-110	+5% $-38	+10% $33
Rate	-1.0pp $11	-0.5pp $-49	base $-110	+0.5pp $-172	+1.0pp $-235

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6405 Shady Ln Mobile, AL	3.0	2.0	1442	$1,300	$0.90	45d	1	0.41mi
6190 Girby Rd Mobile, AL	1.0–3.0	1.0–2.0	1034	$1,789	$1.73	14d	15	0.69mi
2316 Woodland Rd Mobile, AL	4.0	2.0	1560	$2,200	$1.41	14d	1	0.91mi
2889 Sollie Rd Mobile, AL	1.0–3.0	1.0–2.0	1142	$1,685	$1.48	14d	9	1.09mi
6650 Cottage Hill Rd Mobile, AL	1.0–3.0	1.0–2.0	1049	$1,518	$1.45	14d	40	1.12mi
2754 Seaton Ct Mobile, AL	3.0	2.5	1640	$1,950	$1.19	14d	1	1.17mi

Listing history 8 events

1. 2026-05-14
   price $239,000 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

2. 2026-03-31
   price $229,995 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

3. 2026-02-26
   status Active 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

4. 2026-02-21
   status Pending 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

5. 2026-01-02
   price $230,000 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

6. 2025-11-11
   price $235,000 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

7. 2025-06-27
   price $239,700 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

8. 2024-07-02
   listed $235,000 Active 446-char remark

   Show marketing remark (446 chars)

   Nice Four Bedroom Two Full baths. HUGE ROOMS AND LARGE CLOSETS IN THIS brick home. Updated windows, hvac, water heater, newly painted interior, fortified roof, detached storage, clean and ready for your family Plenty of room to entertain with den, bar, and living room! House is a great. Buyers have been making offers but 3 didnt get loan approval. LETS MAKE A FAIR DEAL Back on the market. Buyer to verify all information during due diligence.

ⓘ 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: $2,198 · $183/mo
• Projected year-2 tax: $2,198 · $183/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: $21,668
• − Mortgage interest: −$13,388
• − Property taxes: −$2,198
• − Insurance: −$1,195
• − Repairs & maintenance: −$1,733
• − Management: −$1,733
• − Depreciation: −$6,953
• Taxable loss: −$5,533
• Est. tax savings @ 24.0%: +$1,328
• After-tax cash flow: $12/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

+1.7% since first listed

8 events — show timeline

• 2026-05-14 Price Changed $239,000 BCAR
• 2026-03-31 Price Changed $229,995 BCAR
• 2026-02-26 Relisted — BCAR
• 2026-02-21 Pending — BCAR
• 2026-01-02 Price Changed $230,000 BCAR
• 2025-11-11 Price Changed $235,000 BCAR
• 2025-06-27 Price Changed $239,700 BCAR
• 2024-07-02 Listed $235,000 BCAR

Property tax history

+13.7%/yr

Latest (2025): $2,198 · +136.0% YoY. Source: county tax records.