211 4th St · Chickasaw, AL 36611

$68,500

4 bd · 2.0 ba · 2,032 sqft · SingleFamily public records · 31 Days on market

Built 1914 8,712 sqft lot

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Why this score? — see what drove the A- 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Fixer Upper in Historic Chickasaw! Lots of potential to renovate this property and get it ready to sell or rent! This home has 4 bedrooms and 2 bathrooms as it currently sits! Could convert to duplex with kitchen added upstairs! Already has separate access doors for upstairs and downstairs! Schedule a showing today! * * Home Sold As Is * * Motivated Seller * * This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

Key facts

• Convert to duplex
• Historic chickasaw
• 8,712 sq ft lot

Tags

• HISTORIC CHICKASAW
• SEPARATE ACCESS DOORS
• CONVERT TO DUPLEX

Property features AI

Finance

• Other: Directions: west Lee Street toward Craft Hwy/Hwy 43, right onto 4th Street, left on first alley, house on right
• HOA & community: No community features; No transfer fees

Exterior

• Utilities: Public water; Public sewer; Mobile gas; Electric service
• Home design: Two-story property; Resale condition; Whole/Full ownership
• Construction: Pillar/post/pier foundation; Wood frame construction; Metal siding; Metal roof; Building area: 2,179 square feet (assessor)
• Exterior features: Storage; Less than 1 acre lot; No waterfront

Interior

• Kitchen: Electric range; Refrigerator
• Flooring: Tile flooring; Wood flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central electric cooling
• Interior features: Ceiling fans; High ceilings; 2 fireplaces

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $697 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $66k (3.0% below list) — sets the bar for market timing.
• Cap rate 19.7% vs local median 7.1% in Chickasaw — 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 61/100 on livability (#237 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-, health & safety B; Watch: schools F, crime D-, amenities F.
• Market conditions: 45 active listings in the ZIP; 3 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).

Forward outlook

• In year one you build about $7k of equity ($474 loan paydown + $7k appreciation (10.0% local appreciation)).
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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

• Watch-outs: flood insurance adds $66/mo; built in 1914 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; 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 $66,445 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1914 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 2.19% ✓
• Cap rate: 19.66%
• Cash-on-cash: 47.75%
• DSCR: 3.12
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $156,464
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
317 Lee St	0.24mi	4/2.0	1,899 (-6%)	7mo	$205,000	$108	72
206 6th St	0.10mi	4/2.0	2,227 (+10%)	9mo	$172,500	$77	72
314 1st St	0.33mi	4/3.0	2,136 (+5%)	2mo	$102,000	$48	70
325 5th St	0.26mi	3/2.0 (-1)	2,221 (+9%)	2mo	$155,000	$70	66
202 4th St	0.04mi	4/2.0	1,834 (-10%)	19mo	$90,000	$49	66
95 Lee St	0.20mi	3/2.0 (-1)	1,912 (-6%)	19mo	$195,000	$102	60
603 Yeend Ave	0.33mi	3/2.0 (-1)	1,800 (-11%)	7mo	$150,000	$83	55
208 3rd St	0.22mi	3/2.0 (-1)	1,732 (-15%)	7mo	$27,100	$16	54
307 Myrtlewood Ave	0.65mi	4/2.0	1,922 (-5%)	10mo	$110,000	$57	52
600 Yeend Ave	0.30mi	3/1.0 (-1)	1,758 (-14%)	8mo	$85,000	$48	48
211 3rd St	0.25mi	3/2.0 (-1)	1,738 (-14%)	17mo	$149,900	$86	45
403 Sutherland Dr	0.75mi	3/2.0 (-1)	1,738 (-14%)	12mo	$155,000	$89	26

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 58.2%
• Equity multiple: 5.26×
• Total profit: $81,717
• Equity at exit: $61,710

10-year hold

• IRR: 51.7%
• Equity multiple: 11.73×
• Total profit: $205,806
• Equity at exit: $133,080

Cash invested: $19,180 (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 36611

• Home prices YoY: 7.0%
• Active inventory: 45
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,498 medium
• Mortgage (P&I): −$359
• Tax from tax record: −$33 /mo · $391/yr
• Insurance: −$29
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $697

Break-even live

Break-even rent $616

Max offer price $68,500

Occupancy floor 48%

Sensitivity live

Price	-10% $736	-5% $716	+0% $697	+5% $677	+10% $658
Rent	-10% $578	-5% $638	+0% $697	+5% $756	+10% $815
Rate	-1.0pp $731	-0.5pp $714	base $697	+0.5pp $679	+1.0pp $661

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: $17,125
• Closing costs: $2,055
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
219 2nd St Chickasaw, AL	4.0	2.0	1916	$1,650	$0.86	15d	1	0.23mi
78 Lee St Chickasaw, AL	3.0	1.0	1412	$1,100	$0.78	45d	1	0.31mi
314 1st St Chickasaw, AL	4.0	3.0	2136	$1,595	$0.75	15d	1	0.32mi

Listing history 22 events

1. 2026-06-16
   days on market $68,500 Active 31 DOM
2. 2026-06-15
   days on market $68,500 Active 30 DOM
3. 2026-06-14
   pricedays on market $68,500 Active 28 DOM
4. 2026-06-13
   days on market $69,000 Active 27 DOM
5. 2026-06-10
   days on market $69,000 Active 25 DOM
6. 2026-06-09
   days on market $69,000 Active 24 DOM
7. 2026-06-08
   days on market $69,000 Active 23 DOM
8. 2026-06-07
   days on market $69,000 Active 22 DOM
9. 2026-06-02
   days on market $69,000 Active 17 DOM
10. 2026-06-01
    days on market $69,000 Active 16 DOM
11. 2026-05-31
    days on market $69,000 Active 15 DOM
12. 2026-05-30
    days on market $69,000 Active 14 DOM
13. 2026-04-27
    status Pending 761-char remark

    Show marketing remark (761 chars)

    Fixer Upper in Historic Chickasaw! Lots of potential to renovate this property and get it ready to sell or rent! This home has 4 bedrooms and 2 bathrooms as it currently sits! Could convert to duplex with kitchen added upstairs! Already has separate access doors for upstairs and downstairs! Schedule a showing today! * * Home Sold As Is * * Motivated Seller * * This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

14. 2026-04-16
    listed $69,000 Active
15. 2026-04-15
    listed $69,500 Active 761-char remark

    Show marketing remark (761 chars)

    Fixer Upper in Historic Chickasaw! Lots of potential to renovate this property and get it ready to sell or rent! This home has 4 bedrooms and 2 bathrooms as it currently sits! Could convert to duplex with kitchen added upstairs! Already has separate access doors for upstairs and downstairs! Schedule a showing today! * * Home Sold As Is * * Motivated Seller * * This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

16. 2026-04-06
    price $73,500
17. 2026-03-19
    price $74,000
18. 2026-03-11
    listed $79,000 Active
19. 2015-04-02
    soldstatus $76,550
20. 2009-08-12
    soldstatus $166,800
21. 2006-06-22
    soldstatus $60,994
22. 2005-09-16
    soldstatus $50,000

ⓘ 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: $391 · $33/mo
• Projected year-2 tax: $391 · $33/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 8/10 Severe FEMA zone X (unshaded) · 98% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,978
• − Mortgage interest: −$3,837
• − Property taxes: −$391
• − Insurance: −$1,140
• − Repairs & maintenance: −$1,438
• − Management: −$1,438
• − Depreciation: −$1,993
• Taxable income: $7,741
• Est. tax owed @ 24.0%: −$1,858
• After-tax cash flow: $6,504/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)

No district data.

Livability — Chickasaw

• Score: 61/100
• State rank: #237
• US rank: #17438

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chickasaw, AL
• City population: 6,367
• Population (ZIP): 6,367

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 55% White 38% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Lithuanian 2% Serbian 1% Italian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 98% English-only · Spanish 1% French/Haitian/Cajun 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: ▲ 12.90%
• Current HPI: 196.621
• 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

+38.0% since first listed

10 events — show timeline

• 2026-04-27 Pending — BCAR
• 2026-04-16 Listed $69,000 BCAR
• 2026-04-15 Listed $69,500 BCAR
• 2026-04-06 Price Changed $73,500 BCAR
• 2026-03-19 Price Changed $74,000 BCAR
• 2026-03-11 Listed $79,000 BCAR
• 2015-04-02 Sold (Public Records) $76,550 Public Records
• 2009-08-12 Sold (Public Records) $166,800 Public Records
• 2006-06-22 Sold (Public Records) $60,994 Public Records
• 2005-09-16 Sold (Public Records) $50,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $391 · +15.4% YoY. Source: county tax records.