3157 Angus Dr · Mobile, AL 36606

$139,900

3 bd · 1.0 ba · 1,256 sqft · SingleFamily public records · 26 Days on market

Built 1979 0.28 ac lot Est $136k · at est.

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Why this score? — see what drove the C- 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 +22.1/30.0
• DSCR +7.1/10.0
• ARV discount +6.1/15.0
• 1% rule +4.7/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Conveniently located and move-in ready! This 3-bedroom brick home offers comfortable living with updated features, hardwood and tile flooring, a spacious living area, separate dining room, and a large, fenced backyard perfect for outdoor enjoyment. Tucked away on a cul-de-sac lot while still being just minutes from shopping, restaurants, Costco, Target, and McGowin Park. Easy access to Airport Boulevard makes commuting simple while still enjoying the feel of an established neighborhood. A great opportunity for homeowners or investors looking for value and convenience in Mobile. Calling all investors and first-time buyers.

Key facts

• Hardwood flooring
• Spacious living area
• Separate dining room

Tags

• BRICK HOME
• HARDWOOD FLOORING
• TILE FLOORING
• SPACIOUS LIVING AREA
• SEPARATE DINING ROOM
• LARGE FENCED BACKYARD

Property features AI

Exterior

• Utilities: Public sewer
• Home design: Single-family residential property
• Construction: Above-grade finished living area (1,256)
• Exterior features: Lot dimensions approximately 189.29' x 150' x 43.2' x 123.1'

Interior

• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom
• Interior features: 8 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $225 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $136k (2.8% below list).
• Recommended offer: $136k (2.8% below list) — sets the bar for 1% rule.
• Cap rate 8.2% 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 rising fast (+5.1%/yr); 174 active listings in the ZIP; 29 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).
• This rent runs 32% of the median local income ($51k/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 $967 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.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 16y 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.
• Current owner paid $32k; list at $140k implies a 333% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $135,974 (2.8% below list)

Questions for the listing agent

1. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.89%
• DSCR: 1.31
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $135,648
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3011 Westgate St	0.26mi	3/1.0	1,279 (+2%)	3mo	$53,000	$41	82
805 Platt Ave	0.23mi	3/2.0	1,296 (+3%)	4mo	$91,000	$70	76
3161 Joann Ct	0.25mi	3/1.5	1,249 (-1%)	13mo	$147,000	$118	75
960 San Ed Dr	0.47mi	3/1.0	1,248 (-1%)	3mo	$75,000	$60	75
3018 Louise Dr N	0.33mi	3/1.0	1,253 (-0%)	12mo	$134,000	$107	74
604 Janwood Dr	0.12mi	3/1.0	1,158 (-8%)	14mo	$167,000	$144	69
3063 Cottage Hill Rd	0.32mi	3/1.0	1,150 (-8%)	5mo	$135,000	$117	67
3051 Angus Dr S	0.18mi	2/1.0 (-1)	1,075 (-14%)	3mo	$121,000	$113	60
3019 Cottage Hill Rd	0.36mi	4/2.0 (+1)	1,225 (-2%)	12mo	$50,000	$41	60
966 Delmar Dr	0.34mi	4/2.0 (+1)	1,360 (+8%)	12mo	$147,000	$108	51
2904 Cottage Hill Rd	0.64mi	3/2.0	1,392 (+11%)	0mo	$124,500	$89	48
450 Magnolia Rd	0.70mi	3/2.0	1,440 (+15%)	9mo	$219,000	$152	32

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 · 5.06% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.86×
• Total profit: $-5,522
• Equity at exit: $20,860

10-year hold

• IRR: 8.0%
• Equity multiple: 1.66×
• Total profit: $25,735
• Equity at exit: $12,096

Cash invested: $39,172 (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 36606

• Rents YoY: 5.1%
• Active inventory: 174
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,360 high
• Mortgage (P&I): −$734
• Tax from tax record: −$57 /mo · $688/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $225

Break-even live

Break-even rent $1,075

Max offer price $139,900

Occupancy floor 78%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3171 Pleasant Valley Rd Mobile, AL	2.0	1.0	875	$800	$0.91	44d	1	0.19mi
916 Delmar Dr Mobile, AL	3.0	1.0	1100	$1,400	$1.27	14d	1	0.27mi
751 Farnell Ln Mobile, AL	2.0	1.0	1100	$1,400	$1.27	44d	1	0.28mi
505 Bel Air Blvd Mobile, AL	1.0–2.0	1.0–2.0	976	$1,274	$1.30	14d	16	0.44mi
461 Magnolia Rd Unit A Mobile, AL	2.0	1.0	989	$825	$0.83	44d	1	0.67mi
3661 Airport Blvd Mobile, AL	1.0–3.0	1.0–2.5	1187	$1,621	$1.37	14d	24	0.84mi
955 Cloverdale Dr Mobile, AL	3.0	1.5	1128	$1,125	$1.00	44d	1	0.92mi
315 Hadrian St Mobile, AL	3.0	2.0	1843	$1,800	$0.98	44d	1	0.94mi
418 Durande Dr Mobile, AL	3.0	2.0	1456	$1,350	$0.93	14d	1	1.00mi
2859 Brierwood Dr Mobile, AL	3.0	1.0	1057	$1,500	$1.42	14d	1	1.06mi
1030 Montlimar Dr Mobile, AL	1.0–3.0	1.0–2.0	997	$1,509	$1.51	14d	17	1.07mi
713 Iris Ave Mobile, AL	3.0	1.0	1617	$1,300	$0.80	21d	1	1.16mi
900 Courtney St Mobile, AL	2.0	1.0	1020	$1,200	$1.18	44d	1	1.17mi
2861 Ralston Rd Mobile, AL	3.0	2.0	1617	$1,650	$1.02	44d	1	1.18mi
2861 Potter Dr Unit 1043844P Mobile, AL	3.0	2.0	1496	$2,492	$1.67	21d	1	1.24mi
2863 Potter Dr Unit 1043693P Mobile, AL	4.0	2.0	1496	$3,049	$2.04	14d	1	1.24mi
2855 Potter Dr Mobile, AL	2.0	1.0	1127	$1,050	$0.93	44d	1	1.24mi
2425 Nortons Ln Unit C Mobile, AL	2.0	1.0	1050	$1,200	$1.14	44d	1	1.31mi
2425 Nortons Ln Unit D Mobile, AL	2.0	1.0	1050	$1,100	$1.05	14d	1	1.31mi
561 Village Green Dr E Mobile, AL	2.0	1.0	880	$1,000	$1.14	14d	4	1.32mi
817 Hawkins St Mobile, AL	3.0	1.0	1217	$1,200	$0.99	44d	1	1.33mi
3060 Emogene St Mobile, AL	3.0	1.0	1200	$1,400	$1.17	14d	1	1.34mi
168 W Collins St Mobile, AL	3.0	1.0	968	$725	$0.75	21d	1	1.35mi
2656 Pathway Pl Mobile, AL	2.0–3.0	1.0	778	$1,261	$1.62	14d	9	1.38mi
120 Paris Ave Mobile, AL	2.0	1.0	1054	$1,150	$1.09	21d	1	1.40mi
150 Dunn Ave Mobile, AL	3.0	2.0	1455	$1,250	$0.86	21d	1	1.41mi
3252 Orleans St Mobile, AL	2.0	1.0	900	$850	$0.94	44d	1	1.44mi
506 Seville Dr Mobile, AL	3.0	1.5	1200	$1,350	$1.12	14d	1	1.46mi
1411 Greenbrier Dr Mobile, AL	3.0	1.0	1069	$995	$0.93	44d	1	1.47mi

Listing history 27 events

1. 2026-06-18
   days on market $139,900 Active 26 DOM
2. 2026-06-17
   days on market $139,900 Active 25 DOM
3. 2026-06-16
   days on market $139,900 Active 24 DOM
4. 2026-06-15
   days on market $139,900 Active 23 DOM
5. 2026-06-14
   days on market $139,900 Active 21 DOM
6. 2026-06-13
   days on market $139,900 Active 20 DOM
7. 2026-06-10
   days on market $139,900 Active 18 DOM
8. 2026-06-09
   days on market $139,900 Active 17 DOM
9. 2026-06-08
   days on market $139,900 Active 16 DOM
10. 2026-06-07
    days on market $139,900 Active 15 DOM
11. 2026-06-05
    days on market $139,900 Active 12 DOM
12. 2026-06-03
    days on market $139,900 Active 11 DOM
13. 2026-06-02
    days on market $139,900 Active 10 DOM
14. 2026-06-01
    days on market $139,900 Active 9 DOM
15. 2026-05-31
    days on market $139,900 Active 8 DOM
16. 2026-05-30
    days on market $139,900 Active 7 DOM
17. 2026-05-21
    listed $139,900 Active 629-char remark

    Show marketing remark (629 chars)

    Conveniently located and move-in ready! This 3-bedroom brick home offers comfortable living with updated features, hardwood and tile flooring, a spacious living area, separate dining room, and a large, fenced backyard perfect for outdoor enjoyment. Tucked away on a cul-de-sac lot while still being just minutes from shopping, restaurants, Costco, Target, and McGowin Park. Easy access to Airport Boulevard makes commuting simple while still enjoying the feel of an established neighborhood. A great opportunity for homeowners or investors looking for value and convenience in Mobile. Calling all investors and first-time buyers.

18. 2026-05-19
    listed $139,900 Active
19. 2025-04-04
    historical $1,200
20. 2025-03-29
    listed $1,200
21. 2024-03-13
    historical $1,100
22. 2024-03-05
    price $1,100
23. 2024-02-18
    listed $1,000
24. 2011-04-27
    soldstatus $32,300 176-char remark

    Show marketing remark (176 chars)

    This property is located in a convenient area. This three bedroom all brick home is situated on a large lot located on a cul-de-sac. Alabama Right of Redemption Laws may apply.

25. 2010-12-29
    listed $35,000 176-char remark

    Show marketing remark (176 chars)

    This property is located in a convenient area. This three bedroom all brick home is situated on a large lot located on a cul-de-sac. Alabama Right of Redemption Laws may apply.

26. 2005-02-02
    soldstatus $79,358
27. 2004-10-07
    soldstatus $115,500

ⓘ 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: $688 · $57/mo
• Projected year-2 tax: $688 · $57/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 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,317
• − Mortgage interest: −$7,837
• − Property taxes: −$688
• − Insurance: −$700
• − Repairs & maintenance: −$1,305
• − Management: −$1,305
• − Depreciation: −$4,070
• Taxable income: $412
• Est. tax owed @ 24.0%: −$99
• After-tax cash flow: $2,600/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): 18,728
• Household income: $51,303
• Rent vs Own: 51.3% rent · 48.7% own
• Severe rent burden: 999.0

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: Majority Black (56%)
• Race & ethnicity: Black 56% White 37% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Italian 2% Scottish 2% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -232.19%
• Current HPI: 145.9025
• Rent YoY: ▲ 5.06%
• 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

+21.1% since first listed

11 events — show timeline

• 2026-05-21 Listed $139,900 GCMLS AL
• 2026-05-19 Listed $139,900 SAARMLS
• 2025-04-04 Rental Removed $1,200 GCMLSAL
• 2025-03-29 Listed for Rent $1,200 GCMLSAL
• 2024-03-13 Rental Removed $1,100 GCMLSAL
• 2024-03-05 Price Changed $1,100 GCMLSAL
• 2024-02-18 Listed for Rent $1,000 GCMLSAL
• 2011-04-27 Sold (MLS) $32,300 BCAR
• 2010-12-29 Listed $35,000 BCAR
• 2005-02-02 Sold (Public Records) $79,358 Public Records
• 2004-10-07 Sold (Public Records) $115,500 Public Records

Property tax history

-1.0%/yr

Latest (2025): $688 · +148.3% YoY. Source: county tax records.