310 Claiborne St N · Mobile, AL 36603

$210,000

6 bd · 3.0 ba · 1,729 sqft · SingleFamily public records · 36 Days on market

Built 1899 5,227 sqft lot $121/sqft · 10% above area Est $361k · 42% under

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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).

• ARV discount +15.0/15.0
• Cash flow +10.6/30.0
• Appreciation +5.7/10.0
• Livability +3.8/5.0
• DSCR +3.1/10.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks

Don't miss your opportunity to create your own vision with this amazing historic home in DeTonti Square. This home has a new architectural shingle roof, while all other architectural details of this home are ready to be restored to the beauty it once was. DeTonti Square is filled with potential with so many historic homes being restored as well as some new construction homes being built. Schedule an appointment today to see the canvas for your next renovation project.

Key facts

• Historic home
• 5,227 sq ft lot
• Built 1899

Tags

• HISTORIC HOME
• NEW ARCHITECTURAL SHINGLE ROOF
• CANVAS FOR RENOVATION PROJECT

Property features AI

Finance

• Other: Located in Detonti Square Historic subdivision

Exterior

• Parking: No designated parking
• Utilities: Electricity available (110 volts); Natural gas available; Public sewer; Water available; Underground utilities
• Home design: Single family residence; Residential property; Built in 1899; Pillar/post/pier foundation; Composition roof
• Construction: Frame construction with wood siding
• Exterior features: Balcony; Courtyard; Chain link fencing; House has a view

Interior

• Kitchen: Keeping room; Second kitchen; Open view to family room; Appliances: Other
• Bedrooms: Six bedrooms; Double master bedroom
• Flooring: Hardwood floors
• Bathrooms: Three full bathrooms
• Heating & cooling: No heating system specified; No cooling system specified
• Interior features: Beamed ceilings; Built-in bookcases; Coffered ceilings; Entrance foyer; High 10-ft ceilings on main level; Fireplaces in keeping room, living room, master bedroom, and another room

What this means for you Summary

Snapshot

• This is a 6-bed/3.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-171 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $180k (14.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $158k (24.7% below list).
• Recommended offer: $158k (24.7% 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: 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: Florence Howard Elementary School (math 2% / reading 22%, grade F, #536 of 627 statewide, top 88%, 488 students, 94% FRL); Ben C Rain High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 589 students, 90% FRL) — zoned schools average 92% FRL vs 67% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 7% at this address vs 27% district-wide (-20 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
• Market conditions: 36 active listings in the ZIP; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($1k loan paydown + $3k appreciation (1.3% local appreciation)).
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 8, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1899 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $158,164 (24.7% 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 36 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Built in 1899 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 5.70%
• Cash-on-cash: -2.13%
• DSCR: 0.91
• GRM: 11.1

CMA / ARV

• ARV (median comp): $361,062
• List price: $210,000
• Delta: -41.84%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

1.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.94×
• Total profit: $-3,619
• Equity at exit: $75,225

10-year hold

• IRR: 3.5%
• Equity multiple: 1.45×
• Total profit: $26,449
• Equity at exit: $102,759

Cash invested: $58,800 (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 36603

• Home prices YoY: 2.8%
• Active inventory: 36
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,582 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$165 /mo · $1,980/yr
• Insurance: −$88
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $-171

Break-even live

Break-even rent $1,798

Max offer price $179,842

Occupancy floor —

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $210,000 Active 36 DOM
2. 2026-06-17
   days on market $210,000 Active 35 DOM
3. 2026-06-16
   days on market $210,000 Active 34 DOM
4. 2026-06-15
   days on market $210,000 Active 33 DOM
5. 2026-06-14
   days on market $210,000 Active 31 DOM
6. 2026-06-13
   days on market $210,000 Active 30 DOM
7. 2026-06-10
   days on market $210,000 Active 28 DOM
8. 2026-06-09
   days on market $210,000 Active 27 DOM
9. 2026-06-08
   days on market $210,000 Active 26 DOM
10. 2026-06-07
    days on market $210,000 Active 25 DOM
11. 2026-06-05
    days on market $210,000 Active 22 DOM
12. 2026-06-03
    days on market $210,000 Active 21 DOM
13. 2026-06-02
    days on market $210,000 Active 20 DOM
14. 2026-06-01
    days on market $210,000 Active 19 DOM
15. 2026-05-31
    days on market $210,000 Active 18 DOM
16. 2026-05-30
    days on market $210,000 Active 17 DOM
17. 2026-05-14
    listed $210,000 Active 475-char remark

ⓘ 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: $1,980 · $165/mo
• Projected year-2 tax: $1,980 · $165/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 7/10 Severe FEMA zone X (shaded) · 92% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 22 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: $18,980
• − Mortgage interest: −$11,763
• − Property taxes: −$1,980
• − Insurance: −$1,847
• − Repairs & maintenance: −$1,518
• − Management: −$1,518
• − Depreciation: −$6,109
• Taxable loss: −$5,757
• Est. tax savings @ 24.0%: +$1,382
• After-tax cash flow: $-667/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
• City population: 205,729
• Population (ZIP): 7,805

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 Black (85%)
• Race & ethnicity: Black 85% White 12% Two or more races 1% Hispanic / Latino 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 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: ▲ 1.32%
• Current HPI: 48.9551
• 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

1 event — show timeline

• 2026-05-14 Listed $210,000 GCMLS AL

Property tax history

+14.0%/yr

Latest (2025): $1,980 · +0.0% YoY. Source: county tax records.