1122 Fribourg St · Mobile, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 9/10 · Severe
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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 +17.4/30.0
- ARV discount +15.0/15.0
- DSCR +5.4/10.0
- 1% rule +4.2/10.0
- Rent growth +4.0/5.0
- Livability +3.8/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$199,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
Key facts
- 0.28 acre lot
- Garage
- Built 1965
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath single-family listed at $199k.
Deal economics
- At list price, monthly cash flow is $149 ($2k/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 $182k (8.3% below list).
- Recommended offer: $175k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.2% 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 (+6.2%/yr); 341 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
- This rent runs 36% of the median local income ($61k/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 $1k of loan paydown is wiped out by about $6k 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 390 days — a 12% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $51k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
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.
Questions for the listing agent
- It's been on market 390 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.92% ✗
- Cap rate
- 7.19%
- Cash-on-cash
- 3.21%
- DSCR
- 1.14
- GRM
- 9.1
CMA / ARV
- ARV (median comp)
- $242,975
- List price
- $199,000
- Delta
- -18.10%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 821 Parkwood Dr W | 0.50mi | 4/2.0 | 2,046 (-5%) | 1mo | $210,000 | $103 | 65 |
| 6300 WOODCREST Dr | 0.23mi | 4/2.0 | 1,980 (-8%) | 11mo | $205,500 | $104 | 64 |
| 6351 Sarnen Dr | 0.22mi | 4/2.0 | 2,000 (-7%) | 15mo | $246,000 | $123 | 63 |
| 1330 Lucerne Dr | 0.27mi | 4/2.5 | 1,914 (-11%) | 8mo | $260,000 | $136 | 62 |
| 1127 Fribourg St | 0.04mi | 4/2.0 | 1,859 (-14%) | 14mo | $255,000 | $137 | 61 |
| 1044 Middle Ring Rd | 0.27mi | 4/3.0 | 1,987 (-8%) | 15mo | $200,000 | $101 | 60 |
| 1351 Lucerne Dr | 0.31mi | 3/2.0 (-1) | 1,980 (-8%) | 7mo | $195,000 | $98 | 59 |
| 6205 Zeigler Blvd | 0.37mi | 4/2.0 | 2,448 (+13%) | 4mo | $269,000 | $110 | 55 |
| 859 Forest Wood Dr | 0.51mi | 3/2.0 (-1) | 2,046 (-5%) | 12mo | $175,000 | $86 | 51 |
| 6270 Lausanne Dr N | 0.33mi | 3/2.0 (-1) | 1,836 (-15%) | 2mo | $209,900 | $114 | 51 |
| 1058 Heidi St | 0.72mi | 3/2.0 (-1) | 2,276 (+5%) | 14mo | $255,500 | $112 | 39 |
| 5762 Zeigler Blvd | 0.63mi | 3/2.0 (-1) | 1,846 (-14%) | 3mo | $159,000 | $86 | 36 |
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 · 6.15% rent growth · sell at horizon
- IRR
- -8.0%
- Equity multiple
- 0.70×
- Total profit
- $-16,821
- Equity at exit
- $29,672
- IRR
- 5.1%
- Equity multiple
- 1.42×
- Total profit
- $23,579
- Equity at exit
- $17,206
Cash invested: $55,720 (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
ZIP-level market 36608
- Rents YoY
- 6.2%
- Active inventory
- 341
- Price-to-rent
- 9.1×
Monthly cashflow live
- Estimated rent
- $1,824 high interval (Pro) →
- Mortgage (P&I)
- −$1,044
- Tax from tax record
- −$166 /mo · $1,986/yr
- Insurance
- −$83
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$383
- Net cashflow
- $149
Break-even live
Sensitivity live
| Price | -10% $262 | -5% $205 | +0% $149 | +5% $93 | +10% $36 |
|---|---|---|---|---|---|
| Rent | -10% $5 | -5% $77 | +0% $149 | +5% $221 | +10% $293 |
| Rate | -1.0pp $249 | -0.5pp $200 | base $149 | +0.5pp $97 | +1.0pp $45 |
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
- $49,750
- Closing costs
- $5,970
- 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.
Rent comps 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5904 Saint Gallen Ave S Unit 1043743P Mobile, AL | 4.0 | 2.0 | 1496 | $3,719 | $2.49 | 22d | 1 | 0.37mi |
| 5855 Woodvale Dr Mobile, AL | 3.0 | 1.5 | 1712 | $1,350 | $0.79 | 22d | 1 | 0.51mi |
| 6017 Mission Hills Ct Mobile, AL | 4.0 | 3.0 | 2407 | $1,950 | $0.81 | 45d | 1 | 0.53mi |
| 912 Wendover Rd Unit 1043703P Mobile, AL | 4.0 | 2.5 | 1496 | $3,190 | $2.13 | 22d | 1 | 0.60mi |
| 5613 Overlook Rd Mobile, AL | 3.0 | 1.5 | 1520 | $1,450 | $0.95 | 45d | 1 | 0.92mi |
| 5477 Ardell Dr Unit 1043691P Mobile, AL | 3.0 | 2.0 | 1496 | $2,680 | $1.79 | 14d | 1 | 0.96mi |
| 5520 Vienna Ave Mobile, AL | 3.0 | 2.0 | 1745 | $1,395 | $0.80 | 45d | 1 | 1.02mi |
| 316 Syracuse St Mobile, AL | 3.0 | 2.0 | 1776 | $1,875 | $1.06 | 14d | 1 | 1.44mi |
| 304 N University Blvd Unit 1043721P Mobile, AL | 4.0 | 2.5 | 1496 | $4,148 | $2.77 | 22d | 1 | 1.44mi |
Listing history 25 events
-
2026-06-18days on market $199,000 Active 390 DOM
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2026-06-17days on market $199,000 Active 389 DOM
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2026-06-16days on market $199,000 Active 388 DOM
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2026-06-15days on market $199,000 Active 387 DOM
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2026-06-14days on market $199,000 Active 385 DOM
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2026-06-13days on market $199,000 Active 384 DOM
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2026-06-10days on market $199,000 Active 382 DOM
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2026-06-09days on market $199,000 Active 381 DOM
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2026-06-08days on market $199,000 Active 380 DOM
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2026-06-07days on market $199,000 Active 379 DOM
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2026-06-05days on market $199,000 Active 376 DOM
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2026-06-03days on market $199,000 Active 375 DOM
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2026-06-02days on market $199,000 Active 374 DOM
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2026-06-01days on market $199,000 Active 373 DOM
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2026-05-31days on market $199,000 Active 372 DOM
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2026-05-30days on market $199,000 Active 371 DOM
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2026-05-06status Active 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
-
2026-05-03price $199,000 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
-
2026-04-27status Pending 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
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2026-01-14price $209,900 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
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2026-01-05price $229,900 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
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2026-01-05price $219,900 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
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2025-10-08price $229,900 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
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2025-05-15$250,000 Active 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
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2025-04-22historical $250,000 1072-char remark
Show marketing remark (1072 chars)
A NEW PRICE REDUCTION FOR A QUITE SPACIOUS 2-STORY HOME!!!! This beautifully, recently updated and roomy 2 story home is one where comfort meets belonging! The main level has a living(sitting)room, dining room, media room, office area, kitchen with new countertops, and a half bath. There is a very spacious family room that is super ideal for entertaining! A nice sized utility room sits off of the large family room. The second level has 4 very nice sized bedrooms with 2 full baths. SUPER COOL ALERT: One bedroom has a wall that is a full blackboard that allows for several usages (e.g. homework, drawing, notes, etc.). THERE IS SOME NEW FLOORING THROUGHOUT BOTH LEVELS AND UNIQUE RECESSED LIGHTING IN A FEW ROOMS THAT MAKE THIS PROPERTY A STUNNER. There is, also, a deck out back. There are fruit trees out back, as well. This amazing property is, approximately, 5 minutes from the University of South Alabama, many restaurants, shopping, and recently built walking/biking sidewalks on Zeigler Blvd. Make your appt. to see this home very soon! HOME TO BE SOLD AS IS!
ⓘ 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
- $1,986 · $166/mo
- Projected year-2 tax
- $1,986 · $166/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 ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,888
- − Mortgage interest
- −$11,147
- − Property taxes
- −$1,986
- − Insurance
- −$995
- − Repairs & maintenance
- −$1,751
- − Management
- −$1,751
- − Depreciation
- −$5,789
- Taxable loss
- −$1,532
- Est. tax savings @ 24.0%
- +$368
- After-tax cash flow
- $2,155/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
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)
- 38,890
- Household income
- $61,146
- Rent vs Own
- Severe rent burden
- 1823.0
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
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 56% Black 35% Two or more races 4% Hispanic / Latino 4% Asian 2%
- Common ancestry
- Lithuanian 3% Italian 2% Slovak 2%
- Foreign-born
- 4% · Canada
- Languages at home
- 95% English-only · Spanish 2% Arabic 1% Other Indo-European 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
- ▼ -224.52%
- Current HPI
- 198.9469
- Rent YoY
- ▲ 6.15%
- 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 |
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| Healthcare | 1 | $5B |
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Price history
-20.4% since first listed9 events — show timeline
- 2026-05-06 Relisted — GCMLS AL
- 2026-05-03 Price Changed $199,000 GCMLS AL
- 2026-04-27 Pending — GCMLS AL
- 2026-01-14 Price Changed $209,900 GCMLS AL
- 2026-01-05 Price Changed $229,900 GCMLS AL
- 2026-01-05 Price Changed $219,900 GCMLS AL
- 2025-10-08 Price Changed $229,900 GCMLS AL
- 2025-05-15 Listed $250,000 GCMLS AL
- 2025-04-22 Coming Soon $250,000 GCMLS AL
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…