1104 Hanging Lantern Cir · Mobile, AL 36695

$325,575

4 bd · 2.5 ba · 2,335 sqft · SingleFamily public records · 67 Days on market

Built 1987 0.46 ac lot $139/sqft · 10% below area Est $362k · 10% under $7/mo HOA

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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 +12.4/30.0
• ARV discount +12.0/15.0
• Livability +3.8/5.0
• DSCR +3.7/10.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into this beautiful 4-bedroom, 2.5-bath brick home situated on a quiet cul-de-sac in Lamplighter Woods, offering comfort, space, and timeless charm. Inside, you’ll find hardwood flooring throughout the main living areas, plush carpet in the bedrooms, and ceramic tile flooring in the kitchen. The bright and airy kitchen is designed to impress with white, light-enhancing cabinetry, elegant glass-front cabinets for showcasing dishes and glassware, a breakfast bar for additional seating, and stainless-steel appliances that will remain. Natural light flows beautifully throughout the home, creating a warm and welcoming atmosphere. Enjoy casual meals in the cozy breakfast nook, while the formal living and dining rooms provide the ideal setting for gatherings and special occasions. The spacious family room is truly the heart of the home, featuring custom, built-in bookshelves, a cozy brick fireplace, and a stunning vaulted tray ceiling with molding. From here, enjoy peaceful views overlooking the deck and the spectacular oversized in-ground pool, with easy access from the family room to the pool deck for seamless indoor-outdoor entertainment. The oversized primary suite is privately located on one side of the home and offers a luxurious retreat with a tray ceiling, dual walk-in closets, double vanities, a separate shower, an oversized jetted spa-like soaking tub, and a linen closet. On the opposite side of the home, you’ll find three additional spacious bedrooms and a full bath, while the half bath/powder room is conveniently located near the laundry room. Outside, the expansive poolside area is ready for endless summer fun, parties, and entertaining friends. A large double-car garage offers private rear entry into the home for added convenience. Updates -The sprinkle system 2023, In-ground pool pump 2022, Roof Installation 2019, Gas Water Heater 2018, and Whole-Home Generator 2018. This home truly has so much to offer and is a must-see in person. This property requires court approval. Be sure to make note of that in all offers and allow for such time. Don’t miss your chance to make this incredible gem your very own!

Key facts

• Hardwood flooring
• Brick fireplace
• Vaulted tray ceiling

Tags

• HARDWOOD FLOORING
• CERAMIC TILE FLOORING
• STAINLESS STEEL APPLIANCES
• CUSTOM BUILT-IN BOOKSHELVES
• BRICK FIREPLACE
• VAULTED TRAY CEILING

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $326k.

Deal economics

• At list price, monthly cash flow is $-54 ($-653/yr) — negative.
• To cash-flow at today's rent, offer at most $316k (3.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (25.0% below list).
• Recommended offer: $244k (25.0% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.9% in Mobile — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: 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.
• Zoned schools: Er Dickson Elementary School (math 12% / reading 40%, grade F, #409 of 627 statewide, top 65%, 1,038 students, 67% FRL); Denton Magnet School of Technology (math 26% / reading 69%, grade C-, #32 of 257 statewide, top 12%, 314 students, 94% FRL); Wp Davidson High School (math 36% / reading 41%, grade F, #37 of 305 statewide, top 12%, 1,535 students, 61% FRL).
• Market conditions: Rents soft (-0.4%/yr); 557 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 39% of the median local income ($76k/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 $10k 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 67 days — a 6% lower offer ($306k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $53k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $280k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $244,157 (25.0% 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 67 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.75% ✗
• Cap rate: 6.09%
• Cash-on-cash: -0.72%
• DSCR: 0.97
• GRM: 11.1

CMA / ARV

• ARV (median comp): $361,664
• List price: $325,575
• Delta: -9.98%
• 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
6601 Somerby Ln	0.10mi	4/3.0	2,484 (+6%)	4mo	$325,000	$131	80
6645 Somerby Ln	0.18mi	3/2.0 (-1)	2,217 (-5%)	4mo	$365,000	$165	73
1200 Hillcrest Xing E	0.30mi	3/2.0 (-1)	2,190 (-6%)	2mo	$350,000	$160	67
1118 Hillcrest Xing E	0.30mi	3/2.0 (-1)	2,075 (-11%)	4mo	$258,500	$125	58
7229 Hawkins Mnr	0.47mi	4/2.0	2,047 (-12%)	3mo	$342,650	$167	53
7344 Hawkins Mnr N	0.59mi	4/2.0	2,047 (-12%)	2mo	$337,900	$165	48
7232 Hawkins Mnr N	0.58mi	4/2.0	2,018 (-14%)	1mo	$348,650	$173	47
7336 Hawkins Mnr N	0.59mi	4/2.0	2,047 (-12%)	4mo	$338,900	$166	47
1532 Ridgeland Rd W	0.63mi	4/2.5	2,641 (+13%)	4mo	$290,000	$110	45
7224 Hawkins Mnr	0.49mi	3/2.0 (-1)	1,993 (-15%)	3mo	$330,650	$166	43
7340 Hawkins Mnr N	0.56mi	3/2.0 (-1)	1,993 (-15%)	2mo	$330,650	$166	41
7348 Hawkins Mnr N	0.59mi	3/2.0 (-1)	1,993 (-15%)	1mo	$330,900	$166	40

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.5%
• Equity multiple: 0.30×
• Total profit: $-63,507
• Equity at exit: $48,544

10-year hold

• IRR: -21.1%
• Equity multiple: 0.04×
• Total profit: $-87,933
• Equity at exit: $28,150

Cash invested: $91,161 (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 36695

• Home prices YoY: -30.9%
• Rents YoY: -0.4%
• Active inventory: 557
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,442 high
• Mortgage (P&I): −$1,707
• Tax from tax record: −$133 /mo · $1,599/yr
• Insurance: −$136
• HOA: −$7
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $-54

Break-even live

Break-even rent $2,510

Max offer price $315,959

Occupancy floor 97%

Sensitivity live

Price	-10% $130	-5% $38	+0% $-54	+5% $-147	+10% $-239
Rent	-10% $-247	-5% $-151	+0% $-54	+5% $42	+10% $138
Rate	-1.0pp $110	-0.5pp $28	base $-54	+0.5pp $-139	+1.0pp $-225

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: $81,394
• Closing costs: $9,767
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6605 Chimney Top Dr S Mobile, AL	4.0	2.5	2400	$2,500	$1.04	22d	1	0.33mi
7325 Smithfield Rd Mobile, AL	4.0	2.5	2258	$2,150	$0.95	22d	1	0.85mi
1056 Linlen Ave Mobile, AL	3.0	3.0	1975	$2,300	$1.16	45d	1	1.17mi
1997 Bradshire Dr Mobile, AL	4.0	3.0	2834	$2,200	$0.78	45d	1	1.32mi
2004 Pine Needle Dr E Mobile, AL	5.0	2.5	2900	$3,800	$1.31	45d	1	1.42mi
945 Schillinger Rd S Mobile, AL	2.0–3.0	2.0–2.5	1809	$2,300	$1.27	45d	1	1.49mi

HOA detail

• Monthly dues: $7 · $84/yr
• Likely covers: watergaspool

Listing history 30 events

1. 2026-06-21
   days on market $325,575 Active 67 DOM
2. 2026-06-18
   days on market $325,575 Active 64 DOM
3. 2026-06-17
   days on market $325,575 Active 63 DOM
4. 2026-06-16
   days on market $325,575 Active 62 DOM
5. 2026-06-15
   price $325,575 Active 61 DOM
6. 2026-06-15
   days on market $328,575 Active 61 DOM
7. 2026-06-14
   days on market $328,575 Active 59 DOM
8. 2026-06-13
   days on market $328,575 Active 58 DOM
9. 2026-06-10
   days on market $328,575 Active 56 DOM
10. 2026-06-09
    days on market $328,575 Active 55 DOM
11. 2026-06-08
    days on market $328,575 Active 54 DOM
12. 2026-06-07
    days on market $328,575 Active 53 DOM
13. 2026-06-05
    days on market $328,575 Active 50 DOM
14. 2026-06-03
    days on market $328,575 Active 49 DOM
15. 2026-06-02
    days on market $328,575 Active 48 DOM
16. 2026-06-01
    days on market $328,575 Active 47 DOM
17. 2026-05-31
    days on market $328,575 Active 46 DOM
18. 2026-05-30
    days on market $328,575 Active 45 DOM
19. 2026-04-29
    price $338,575 2169-char remark

    Show marketing remark (2169 chars)

    Step into this beautiful 4-bedroom, 2.5-bath brick home situated on a quiet cul-de-sac in Lamplighter Woods, offering comfort, space, and timeless charm. Inside, you’ll find hardwood flooring throughout the main living areas, plush carpet in the bedrooms, and ceramic tile flooring in the kitchen. The bright and airy kitchen is designed to impress with white, light-enhancing cabinetry, elegant glass-front cabinets for showcasing dishes and glassware, a breakfast bar for additional seating, and stainless-steel appliances that will remain. Natural light flows beautifully throughout the home, creating a warm and welcoming atmosphere. Enjoy casual meals in the cozy breakfast nook, while the formal living and dining rooms provide the ideal setting for gatherings and special occasions. The spacious family room is truly the heart of the home, featuring custom, built-in bookshelves, a cozy brick fireplace, and a stunning vaulted tray ceiling with molding. From here, enjoy peaceful views overlooking the deck and the spectacular oversized in-ground pool, with easy access from the family room to the pool deck for seamless indoor-outdoor entertainment. The oversized primary suite is privately located on one side of the home and offers a luxurious retreat with a tray ceiling, dual walk-in closets, double vanities, a separate shower, an oversized jetted spa-like soaking tub, and a linen closet. On the opposite side of the home, you’ll find three additional spacious bedrooms and a full bath, while the half bath/powder room is conveniently located near the laundry room. Outside, the expansive poolside area is ready for endless summer fun, parties, and entertaining friends. A large double-car garage offers private rear entry into the home for added convenience. Updates -The sprinkle system 2023, In-ground pool pump 2022, Roof Installation 2019, Gas Water Heater 2018, and Whole-Home Generator 2018. This home truly has so much to offer and is a must-see in person. This property requires court approval. Be sure to make note of that in all offers and allow for such time. Don’t miss your chance to make this incredible gem your very own!

20. 2026-04-15
    listed $378,264 Active 2169-char remark

    Show marketing remark (2169 chars)

    Step into this beautiful 4-bedroom, 2.5-bath brick home situated on a quiet cul-de-sac in Lamplighter Woods, offering comfort, space, and timeless charm. Inside, you’ll find hardwood flooring throughout the main living areas, plush carpet in the bedrooms, and ceramic tile flooring in the kitchen. The bright and airy kitchen is designed to impress with white, light-enhancing cabinetry, elegant glass-front cabinets for showcasing dishes and glassware, a breakfast bar for additional seating, and stainless-steel appliances that will remain. Natural light flows beautifully throughout the home, creating a warm and welcoming atmosphere. Enjoy casual meals in the cozy breakfast nook, while the formal living and dining rooms provide the ideal setting for gatherings and special occasions. The spacious family room is truly the heart of the home, featuring custom, built-in bookshelves, a cozy brick fireplace, and a stunning vaulted tray ceiling with molding. From here, enjoy peaceful views overlooking the deck and the spectacular oversized in-ground pool, with easy access from the family room to the pool deck for seamless indoor-outdoor entertainment. The oversized primary suite is privately located on one side of the home and offers a luxurious retreat with a tray ceiling, dual walk-in closets, double vanities, a separate shower, an oversized jetted spa-like soaking tub, and a linen closet. On the opposite side of the home, you’ll find three additional spacious bedrooms and a full bath, while the half bath/powder room is conveniently located near the laundry room. Outside, the expansive poolside area is ready for endless summer fun, parties, and entertaining friends. A large double-car garage offers private rear entry into the home for added convenience. Updates -The sprinkle system 2023, In-ground pool pump 2022, Roof Installation 2019, Gas Water Heater 2018, and Whole-Home Generator 2018. This home truly has so much to offer and is a must-see in person. This property requires court approval. Be sure to make note of that in all offers and allow for such time. Don’t miss your chance to make this incredible gem your very own!

21. 2022-11-17
    soldstatus $280,000
22. 2022-11-15
    soldstatus $280,000 Closed 1005-char remark

    Show marketing remark (1005 chars)

    Extremely well maintained & updated home in the back part of Lamplighter Woods on a cul-de-sac. 4 Bedroom 2 1/2 bath home with formal living & dining rooms with hardwood floors. Family room has dental molding in the tray ceiling, hardwood floors & a bookcase. Kitchen has stainless appliances=2016, dishwasher=2014, glass door cabinets & a breakfast bar. The large Primary Bedroom has a tray ceiling with dental molding, double closets & the Bathroom has a Separate Shower, 2 sinks, & a linen closet. The other 3 bedrooms share a hall bath with 2 sinks. There is a large double garage. An inground pool with a 2022 pool pump is in the very private backyard. Some updates include Roof=2019, Gas hot water heater=2018. A Payne Generator=2018. See the rest of the update list in documents in the MLS. Ready to move in. Don't miss this one. * * * Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s). * * *

23. 2022-11-15
    soldstatus $280,000 Closed

    Show marketing remark (1005 chars)

    Extremely well maintained & updated home in the back part of Lamplighter Woods on a cul-de-sac. 4 Bedroom 2 1/2 bath home with formal living & dining rooms with hardwood floors. Family room has dental molding in the tray ceiling, hardwood floors & a bookcase. Kitchen has stainless appliances=2016, dishwasher=2014, glass door cabinets & a breakfast bar. The large Primary Bedroom has a tray ceiling with dental molding, double closets & the Bathroom has a Separate Shower, 2 sinks, & a linen closet. The other 3 bedrooms share a hall bath with 2 sinks. There is a large double garage. An inground pool with a 2022 pool pump is in the very private backyard. Some updates include Roof=2019, Gas hot water heater=2018. A Payne Generator=2018. See the rest of the update list in documents in the MLS. Ready to move in. Don't miss this one. * * * Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s). * * *

24. 2022-11-06
    status Pending
25. 2022-10-10
    historical

    Show marketing remark (1005 chars)

    Extremely well maintained & updated home in the back part of Lamplighter Woods on a cul-de-sac. 4 Bedroom 2 1/2 bath home with formal living & dining rooms with hardwood floors. Family room has dental molding in the tray ceiling, hardwood floors & a bookcase. Kitchen has stainless appliances=2016, dishwasher=2014, glass door cabinets & a breakfast bar. The large Primary Bedroom has a tray ceiling with dental molding, double closets & the Bathroom has a Separate Shower, 2 sinks, & a linen closet. The other 3 bedrooms share a hall bath with 2 sinks. There is a large double garage. An inground pool with a 2022 pool pump is in the very private backyard. Some updates include Roof=2019, Gas hot water heater=2018. A Payne Generator=2018. See the rest of the update list in documents in the MLS. Ready to move in. Don't miss this one. * * * Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s). * * *

26. 2022-10-10
    status Pending 1005-char remark

    Show marketing remark (1005 chars)

    Extremely well maintained & updated home in the back part of Lamplighter Woods on a cul-de-sac. 4 Bedroom 2 1/2 bath home with formal living & dining rooms with hardwood floors. Family room has dental molding in the tray ceiling, hardwood floors & a bookcase. Kitchen has stainless appliances=2016, dishwasher=2014, glass door cabinets & a breakfast bar. The large Primary Bedroom has a tray ceiling with dental molding, double closets & the Bathroom has a Separate Shower, 2 sinks, & a linen closet. The other 3 bedrooms share a hall bath with 2 sinks. There is a large double garage. An inground pool with a 2022 pool pump is in the very private backyard. Some updates include Roof=2019, Gas hot water heater=2018. A Payne Generator=2018. See the rest of the update list in documents in the MLS. Ready to move in. Don't miss this one. * * * Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s). * * *

27. 2022-10-07
    historical Active Under Contract
28. 2022-10-03
    listed $279,000 Active

    Show marketing remark (1005 chars)

    Extremely well maintained & updated home in the back part of Lamplighter Woods on a cul-de-sac. 4 Bedroom 2 1/2 bath home with formal living & dining rooms with hardwood floors. Family room has dental molding in the tray ceiling, hardwood floors & a bookcase. Kitchen has stainless appliances=2016, dishwasher=2014, glass door cabinets & a breakfast bar. The large Primary Bedroom has a tray ceiling with dental molding, double closets & the Bathroom has a Separate Shower, 2 sinks, & a linen closet. The other 3 bedrooms share a hall bath with 2 sinks. There is a large double garage. An inground pool with a 2022 pool pump is in the very private backyard. Some updates include Roof=2019, Gas hot water heater=2018. A Payne Generator=2018. See the rest of the update list in documents in the MLS. Ready to move in. Don't miss this one. * * * Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s). * * *

29. 2022-10-03
    listed $279,000 Active 1005-char remark

    Show marketing remark (1005 chars)

    Extremely well maintained & updated home in the back part of Lamplighter Woods on a cul-de-sac. 4 Bedroom 2 1/2 bath home with formal living & dining rooms with hardwood floors. Family room has dental molding in the tray ceiling, hardwood floors & a bookcase. Kitchen has stainless appliances=2016, dishwasher=2014, glass door cabinets & a breakfast bar. The large Primary Bedroom has a tray ceiling with dental molding, double closets & the Bathroom has a Separate Shower, 2 sinks, & a linen closet. The other 3 bedrooms share a hall bath with 2 sinks. There is a large double garage. An inground pool with a 2022 pool pump is in the very private backyard. Some updates include Roof=2019, Gas hot water heater=2018. A Payne Generator=2018. See the rest of the update list in documents in the MLS. Ready to move in. Don't miss this one. * * * Listing Broker makes no representation to accuracy of square footage. Buyer to verify. Any/All updates per seller(s). * * *

30. 2004-06-18
    soldstatus $178,500

ⓘ 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: $1,599 · $133/mo
• Projected year-2 tax: $1,599 · $133/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 ≥104°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: $29,299
• − Mortgage interest: −$18,237
• − Property taxes: −$1,599
• − Insurance: −$1,628
• − Repairs & maintenance: −$2,344
• − Management: −$2,344
• − HOA: −$84
• − Depreciation: −$9,471
• Taxable loss: −$6,409
• Est. tax savings @ 24.0%: +$1,538
• After-tax cash flow: $885/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): 52,690
• Household income: $76,040
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 1619.0

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 (67%)
• Race & ethnicity: White 67% Black 23% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam, China
• Languages at home: 94% English-only · Spanish 2% Vietnamese 1% Arabic 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: ▼ -86.28%
• Current HPI: 193.1651
• Rent YoY: ▼ -0.41%
• 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

+89.7% since first listed

12 events — show timeline

• 2026-04-29 Price Changed $338,575 GCMLS AL
• 2026-04-15 Listed $378,264 GCMLS AL
• 2022-11-17 Sold (Public Records) $280,000 Public Records
• 2022-11-15 Sold (MLS) $280,000 GCMLS AL
• 2022-11-15 Sold (MLS) $280,000 BCAR
• 2022-11-06 Pending — GCMLS AL
• 2022-10-10 Delisted — GCMLS AL
• 2022-10-10 Pending — BCAR
• 2022-10-07 Contingent — GCMLS AL
• 2022-10-03 Listed $279,000 GCMLS AL
• 2022-10-03 Listed $279,000 BCAR
• 2004-06-18 Sold (Public Records) $178,500 Public Records

Property tax history

+3.0%/yr

Latest (2025): $1,599 · +3.0% YoY. Source: county tax records.