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8791 Two Mile Rd
B+ Composite 75.58
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
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.4/10.0
  • Condition / age +3.8/5.0
  • Livability +2.7/5.0
  • Rent growth +2.5/5.0
  • Schools +2.3/10.0
  • Appreciation +0.0/10.0

$100,000

8791 Two Mile Rd · Bayou La Batre, AL 36544
4 bd · 2.0 ba · 1,475 sqft · SingleFamily · 113 Days on market
Built 2021 Good condition 0.59 ac lot $68/sqft · 48% below area Est $194k · 48% under ↓ 23% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

4 Bedrooms 2 Bath Mobile Home sitting on a large lot is ideal for a family or as an Investment Property. The home and yard is very spacious and waiting for the new owners. This property is under a Short Sale. Sold As-Is Where-Is with No Warranties Expressed or Implied. Seller unable to make any repairs. Information is deemed reliable but is not guaranteed. Buyer and/or buyer’s agent should verify all pertinent details concerning measurements and is responsible for doing their own due diligence.

Key facts

  • 0.59 acre lot
  • 2 parking spots
  • Built 2021

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $100k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $534 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $100k).
  • Recommended offer: $91k (9.0% below list) — sets the bar for market timing.
  • Cap rate 12.7% vs local median 4.4% in Bayou La Batre — 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 53/100 on livability (#493 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: health & safety D+, schools F, crime F.
  • 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: 82 active listings in the ZIP; 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 $691 of loan paydown is wiped out by about $3k 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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 113 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
Recommended offer $91,000 (9.0% below list)

Questions for the listing agent

  1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.44%
Cap rate
12.70%
Cash-on-cash
22.89%
DSCR
2.02
GRM
5.8

CMA / ARV

ARV (median comp)
$194,073
List price
$100,000
Delta
-48.47%
Verdict
UNDERPRICED
Comps
18 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10741 Meadow Ln W 0.74mi 5/3.0 (+1) 1,647 (+12%) 11mo $202,500 $123 27

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

5-year hold
IRR
15.8%
Equity multiple
1.63×
Total profit
$17,775
Equity at exit
$14,910
10-year hold
IRR
24.4%
Equity multiple
3.11×
Total profit
$59,141
Equity at exit
$8,646

Cash invested: $28,000 (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.

ZIP-level market 36544

Home prices YoY
-17.6%
Active inventory
82
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,439 medium interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$37 /mo · $445/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$302
Net cashflow
$534

Break-even live

Break-even rent $764
Max offer price $100,000
Occupancy floor 58%

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
$25,000
Closing costs
$3,000
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.

Listing history 22 events

  1. 2026-06-18
    days on market $100,000 Active 113 DOM
  2. 2026-06-17
    days on market $100,000 Active 112 DOM
  3. 2026-06-16
    days on market $100,000 Active 111 DOM
  4. 2026-06-15
    days on market $100,000 Active 110 DOM
  5. 2026-06-14
    days on market $100,000 Active 108 DOM
  6. 2026-06-13
    days on market $100,000 Active 107 DOM
  7. 2026-06-10
    days on market $100,000 Active 105 DOM
  8. 2026-06-09
    days on market $100,000 Active 104 DOM
  9. 2026-06-08
    days on market $100,000 Active 103 DOM
  10. 2026-06-07
    days on market $100,000 Active 102 DOM
  11. 2026-06-05
    remarks 554-char remark
  12. 2026-06-05
    pricedays on market $100,000 Active 99 DOM
  13. 2026-06-03
    days on market $110,000 Active 98 DOM
  14. 2026-06-02
    days on market $110,000 Active 97 DOM
  15. 2026-06-01
    days on market $110,000 Active 96 DOM
  16. 2026-05-31
    days on market $110,000 Active 95 DOM
  17. 2026-05-30
    days on market $110,000 Active 94 DOM
  18. 2026-05-07
    price $120,000 505-char remark
    Show marketing remark (505 chars)

    4 Bedrooms 2 Bath Mobile Home sitting on a large lot is ideal for a family or as an Investment Property. The home and yard is very spacious and waiting for the new owners. This property is under a Short Sale. Sold As-Is Where-Is with No Warranties Expressed or Implied. Seller unable to make any repairs. Information is deemed reliable but is not guaranteed. Buyer and/or buyer’s agent should verify all pertinent details concerning measurements and is responsible for doing their own due diligence.

  19. 2026-04-17
    price $125,000 505-char remark
    Show marketing remark (505 chars)

    4 Bedrooms 2 Bath Mobile Home sitting on a large lot is ideal for a family or as an Investment Property. The home and yard is very spacious and waiting for the new owners. This property is under a Short Sale. Sold As-Is Where-Is with No Warranties Expressed or Implied. Seller unable to make any repairs. Information is deemed reliable but is not guaranteed. Buyer and/or buyer’s agent should verify all pertinent details concerning measurements and is responsible for doing their own due diligence.

  20. 2026-03-31
    price $135,000 505-char remark
    Show marketing remark (505 chars)

    4 Bedrooms 2 Bath Mobile Home sitting on a large lot is ideal for a family or as an Investment Property. The home and yard is very spacious and waiting for the new owners. This property is under a Short Sale. Sold As-Is Where-Is with No Warranties Expressed or Implied. Seller unable to make any repairs. Information is deemed reliable but is not guaranteed. Buyer and/or buyer’s agent should verify all pertinent details concerning measurements and is responsible for doing their own due diligence.

  21. 2026-03-12
    price $145,000 505-char remark
    Show marketing remark (505 chars)

    4 Bedrooms 2 Bath Mobile Home sitting on a large lot is ideal for a family or as an Investment Property. The home and yard is very spacious and waiting for the new owners. This property is under a Short Sale. Sold As-Is Where-Is with No Warranties Expressed or Implied. Seller unable to make any repairs. Information is deemed reliable but is not guaranteed. Buyer and/or buyer’s agent should verify all pertinent details concerning measurements and is responsible for doing their own due diligence.

  22. 2026-02-25
    listed $155,000 Active 505-char remark
    Show marketing remark (505 chars)

    4 Bedrooms 2 Bath Mobile Home sitting on a large lot is ideal for a family or as an Investment Property. The home and yard is very spacious and waiting for the new owners. This property is under a Short Sale. Sold As-Is Where-Is with No Warranties Expressed or Implied. Seller unable to make any repairs. Information is deemed reliable but is not guaranteed. Buyer and/or buyer’s agent should verify all pertinent details concerning measurements and is responsible for doing their own 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
$445 · $37/mo
Projected year-2 tax
$445 · $37/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,274
− Mortgage interest
−$5,602
− Property taxes
−$445
− Insurance
−$500
− Repairs & maintenance
−$1,382
− Management
−$1,382
− Depreciation
−$2,909
Taxable income
$5,054
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,213
After-tax cash flow
$5,195/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.

Condition & rehab AI · 6 photos

Good 75/100 Cosmetic rehab

This mobile home is in good condition with minimal repairs needed. It offers a spacious layout and is ideal for a family or investment property. Upgrading the exterior and interior, as well as adding modern amenities, can significantly increase its value.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping and curb appeal improvements — A well-maintained yard and landscaping can significantly increase curb appeal and property value.
  • Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's appeal.
  • Resale Upgrading the bathrooms with modern fixtures — Modern bathrooms can attract more buyers and increase the home's appeal.
  • Both Upgrading the HVAC system — A new HVAC system can improve comfort and energy efficiency, benefiting both resale and rental value.
  • Both Adding a deck or patio area — An outdoor living space can increase the home's appeal and value, especially for rental properties.
  • Resale Upgrading the flooring in the kitchen and bathrooms — Modern flooring can enhance the home's appeal and attract more buyers.
  • Both Upgrading the lighting fixtures — Modern lighting can improve the home's ambiance and increase its appeal, benefiting both resale and rental value.
  • Both Upgrading the exterior siding and trim — Fresh siding and trim can enhance the home's curb appeal and increase its value, benefiting both resale and rental properties.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping and curb appeal improvements — A well-maintained yard and landscaping can significantly increase curb appeal and property value.
  • Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's appeal.
  • Resale Upgrading the bathrooms with modern fixtures — Modern bathrooms can attract more buyers and increase the home's appeal.
  • Both Upgrading the HVAC system — A new HVAC system can improve comfort and energy efficiency, benefiting both resale and rental value.
  • Both Adding a deck or patio area — An outdoor living space can increase the home's appeal and value, especially for rental properties.
  • Resale Upgrading the flooring in the kitchen and bathrooms — Modern flooring can enhance the home's appeal and attract more buyers.
  • Both Upgrading the lighting fixtures — Modern lighting can improve the home's ambiance and increase its appeal, benefiting both resale and rental value.
  • Both Upgrading the exterior siding and trim — Fresh siding and trim can enhance the home's curb appeal and increase its value, benefiting both resale and rental properties.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Bayou La Batre

Score
53/100
State rank
#493
US rank
#24654

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
1,462
Population (ZIP)
10,800

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 (79%)
Race & ethnicity
White 79% Asian 8% Black 6% Hispanic / Latino 4% Two or more races 3%
Common ancestry
Lithuanian 4% Serbian 1% Italian 1%
Foreign-born
7% · Vietnam, Canada
Languages at home
90% English-only · Vietnamese 6% Other Asian/Pacific 2% Spanish 2%

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
▼ -44.84%
Current HPI
210.5625
Rent YoY
Metro
State GDP YoY
▲ 2.94%
F500 in state
4

Industry mix (Fortune 500 HQ in AL)

Industry F500 HQs Revenue

Price history

-22.6% since first listed
5 events — show timeline
  • 2026-05-07 Price Changed $120,000 GCMLS AL
  • 2026-04-17 Price Changed $125,000 GCMLS AL
  • 2026-03-31 Price Changed $135,000 GCMLS AL
  • 2026-03-12 Price Changed $145,000 GCMLS AL
  • 2026-02-25 Listed $155,000 GCMLS AL

Property tax history

+16.4%/yr

Latest (2025): $445 · +4.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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