25 Chadwick Dr W · Mobile, AL 36606

$140,000

3 bd · 1.0 ba · 1,476 sqft · SingleFamily public records · 38 Days on market

Built 1989 7,283 sqft lot Est $213k · 34% under

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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 +25.8/30.0
• ARV discount +15.0/15.0
• DSCR +8.6/10.0
• 1% rule +5.8/10.0
• 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

Cute Midtown cottage located in wonderful Cromwell Place is priced to sell!! While there are lots of upgrades, including a new fortified roof (great for those homeowner's insurance rates!!), new HVAC, new gutters, new double paned windows, new fence & a recently poured concrete patio - some TLC for the home is needed, as well. There's also new plumbing from the house to the street, giving much piece of mind! Besides the 3 bedrooms, this home also offers a bonus/flex room that could be used for whatever your heart desires. This conveniently located home is 5 minutes to the interstate, restaurants, shops & Mobile Infirmary and USA Women's & Children's Hospital. Travel time i

Key facts

• New hvac
• Fortified roof
• New gutters

Tags

• FORTIFIED ROOF
• NEW HVAC
• NEW GUTTERS
• NEW DOUBLE PANED WINDOWS
• NEW FENCE
• NEW SHED

Property features AI

Finance

• Other: Located in Cromwell Place subdivision

Exterior

• Parking: Driveway
• Utilities: Cable available; Electricity available (110V and 220V); Public sewer; Water available
• Home design: Single-family residential property
• Construction: Wood siding exterior; Pillar/post/pier foundation; Shingle roof
• Exterior features: Rain gutters; Outdoor storage; Back yard fencing; Property has a view

Interior

• Kitchen: Dishwasher
• Bedrooms: 3 bedrooms
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Built-in bookcases; Open floorplan

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 $341 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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: 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: Murphy High School (math 10% / reading 19%, grade F, #220 of 305 statewide, top 77%, 1,254 students, 66% FRL) — zoned schools at 66% FRL track the district average.
• Zoned-school proficiency averages 14% at this address vs 27% district-wide (-12 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+5.1%/yr); 174 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $968 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.
• At projected returns (-3.0% appreciation + 5.1% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $119k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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.

Recommended offer $135,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 1.08% ✓
• Cap rate: 9.22%
• Cash-on-cash: 10.44%
• DSCR: 1.46
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $212,544
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
25 Chadwick Dr W	0.00mi	3/1.0	1,476 (0%)	1mo	$138,000	$93	99
2806 Exter Dr	0.08mi	3/2.0	1,485 (+1%)	1mo	$205,000	$138	90
2757 S Sherwood Dr	0.24mi	3/1.5	1,510 (+2%)	0mo	$218,000	$144	82
2656 Foreman Cir	0.39mi	3/2.0	1,500 (+2%)	2mo	$145,000	$97	74
160 Emogene Pl	0.47mi	3/2.0	1,520 (+3%)	2mo	$195,000	$128	68
3051 Baronne St	0.56mi	3/2.0	1,451 (-2%)	1mo	$190,000	$131	66
2663 Foreman Cir	0.41mi	4/2.0 (+1)	1,587 (+8%)	1mo	$185,000	$117	58
1841 Woodcock Pl	0.46mi	3/2.0	1,327 (-10%)	0mo	$195,000	$147	57
1833 Woodcock Pl	0.46mi	3/2.0	1,317 (-11%)	1mo	$195,000	$148	55
1813 Woodcock St	0.46mi	3/2.0	1,269 (-14%)	1mo	$195,000	$154	50
2756 Jennings Dr	0.70mi	3/2.0	1,300 (-12%)	0mo	$215,000	$165	43
134 Hyland Ave	0.65mi	2/2.0 (-1)	1,272 (-14%)	2mo	$227,500	$179	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 · 5.06% rent growth · sell at horizon

5-year hold

• IRR: 1.4%
• Equity multiple: 1.06×
• Total profit: $2,192
• Equity at exit: $20,874

10-year hold

• IRR: 12.8%
• Equity multiple: 2.11×
• Total profit: $43,396
• Equity at exit: $12,105

Cash invested: $39,200 (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: 7.7×

Monthly cashflow live

• Estimated rent: $1,514 high
• Mortgage (P&I): −$734
• Tax from tax record: −$62 /mo · $746/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $341

Break-even live

Break-even rent $1,082

Max offer price $140,000

Occupancy floor 72%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2500 Dauphinwood Dr Mobile, AL	2.0–3.0	1.0–2.0	1250	$1,395	$1.12	13d	19	0.21mi
150 Dunn Ave Mobile, AL	3.0	2.0	1455	$1,250	$0.86	21d	1	0.29mi
168 W Collins St Mobile, AL	3.0	1.0	968	$725	$0.75	21d	1	0.38mi
2604 Dauphin St #210 Mobile, AL	2.0	1.0	950	$1,150	$1.21	21d	1	0.39mi
2604 Dauphin St Mobile, AL	2.0	1.0	950	$1,072	$1.13	43d	2	0.39mi
2855 Potter Dr Mobile, AL	2.0	1.0	1127	$1,050	$0.93	43d	1	0.45mi
2861 Potter Dr Unit 1043844P Mobile, AL	3.0	2.0	1496	$2,492	$1.67	21d	1	0.46mi
2863 Potter Dr Unit 1043693P Mobile, AL	4.0	2.0	1496	$3,049	$2.04	13d	1	0.46mi
2861 Ralston Rd Mobile, AL	3.0	2.0	1617	$1,650	$1.02	43d	1	0.51mi
3060 Emogene St Mobile, AL	3.0	1.0	1200	$1,400	$1.17	13d	1	0.53mi
200 S Florida St Unit 101 Mobile, AL	2.0	2.0	1150	$1,375	$1.20	21d	1	0.62mi
2859 Brierwood Dr Mobile, AL	3.0	1.0	1057	$1,500	$1.42	13d	1	0.64mi
2507 Taylor Ave Mobile, AL	3.0	1.0	1230	$1,495	$1.22	13d	1	0.71mi
2656 Pathway Pl Mobile, AL	2.0–3.0	1.0	778	$1,261	$1.62	13d	9	0.71mi
107 Grand Blvd Mobile, AL	2.0	2.0	1200	$1,295	$1.08	21d	1	0.73mi
2503 Richard Ave Mobile, AL	2.0	1.0	928	$805	$0.87	13d	1	0.76mi
156 Hemley Ave Mobile, AL	3.0	1.0	936	$1,195	$1.28	43d	1	0.76mi
120 Paris Ave Mobile, AL	2.0	1.0	1054	$1,150	$1.09	21d	1	0.77mi
315 Hadrian St Mobile, AL	3.0	2.0	1843	$1,800	$0.98	43d	1	0.80mi
3252 Orleans St Mobile, AL	2.0	1.0	900	$850	$0.94	43d	1	0.81mi
104 Ellinor St Mobile, AL	2.0	1.0	896	$1,275	$1.42	21d	1	0.87mi
418 Durande Dr Mobile, AL	3.0	2.0	1456	$1,350	$0.93	13d	1	0.98mi
151 Du Rhu Dr Mobile, AL	1.0–3.0	1.0–2.0	1052	$2,800	$2.66	13d	12	1.18mi
461 Magnolia Rd Unit A Mobile, AL	2.0	1.0	989	$825	$0.83	43d	1	1.19mi
505 Bel Air Blvd Mobile, AL	1.0–2.0	1.0–2.0	976	$1,274	$1.30	13d	16	1.26mi
209 S Fulton St Mobile, AL	2.0	1.5	1255	$1,750	$1.39	21d	1	1.28mi
182 Williams St Unit 1043570P Mobile, AL	3.0	1.0	1399	$2,476	$1.77	13d	1	1.30mi
3655 Old Shell Rd Unit 3655 Mobile, AL	2.0	2.0	1200	$1,850	$1.54	13d	1	1.32mi
186 Stanton Rd Mobile, AL	1.0–3.0	1.0–2.5	1263	$2,450	$1.94	43d	1	1.35mi
423 Devon Dr Mobile, AL	3.0	1.0	1220	$950	$0.78	43d	1	1.45mi

Listing history 13 events

1. 2026-04-21
   status Pending
2. 2026-04-02
   price $140,000
3. 2026-04-02
   status Active
4. 2026-03-28
   status Pending
5. 2026-03-21
   status Active
6. 2026-03-15
   status Pending
7. 2026-03-03
   listed $159,900 Active
8. 2026-01-06
   price $168,900
9. 2025-12-09
   status Active
10. 2025-11-25
    status Pending
11. 2025-10-30
    listed $169,900 Active
12. 2025-09-29
    price $169,900
13. 2021-08-18
    soldstatus $119,000

ⓘ 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: $746 · $62/mo
• Projected year-2 tax: $746 · $62/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 · 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,163
• − Mortgage interest: −$7,842
• − Property taxes: −$746
• − Insurance: −$700
• − Repairs & maintenance: −$1,453
• − Management: −$1,453
• − Depreciation: −$4,073
• Taxable income: $1,896
• Est. tax owed @ 24.0%: −$455
• After-tax cash flow: $3,638/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

+17.6% since first listed

13 events — show timeline

• 2026-04-21 Pending — GCMLS AL
• 2026-04-02 Price Changed $140,000 GCMLS AL
• 2026-04-02 Relisted — GCMLS AL
• 2026-03-28 Pending — GCMLS AL
• 2026-03-21 Relisted — GCMLS AL
• 2026-03-15 Pending — GCMLS AL
• 2026-03-03 Listed $159,900 GCMLS AL
• 2026-01-06 Price Changed $168,900 GCMLS AL
• 2025-12-09 Relisted — BCAR
• 2025-11-25 Pending — BCAR
• 2025-10-30 Listed $169,900 BCAR
• 2025-09-29 Price Changed $169,900 GCMLS AL
• 2021-08-18 Sold (Public Records) $119,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $746 · +7.5% YoY. Source: county tax records.