213 Lakefront Cir · Summerdale, AL 36580

$274,900

3 bd · 2.0 ba · 1,562 sqft · SingleFamily public records · 77 Days on market

Built 2018 10,497 sqft lot $176/sqft · at area comps Est $284k · at est. $25/mo HOA · 1% of rent

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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 +20.0/30.0
• Appreciation +9.0/10.0
• ARV discount +8.9/15.0
• DSCR +6.3/10.0
• 1% rule +4.1/10.0
• Schools +3.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

SELLER OFFERING $13,000 in Concessions-with acceptable offer!!! Discover Your Oasis in Marsh Bridges Invest in a long term rental! The sought after community complete with sidewalks, street lamps, and fishing! This stunning 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and incredible upgrades. Enjoy an open-concept layout, a spacious kitchen featuring a large island, gleaming granite countertops, and a walk in pantry. You'll love the airy feel created by vaulted and trayed ceilings, and the peace of mind that comes with no carpet throughout living spaces and bedrooms. The luxurious primary suite boasts a custom tile walk-in shower and an expansive walk-in closet. The double vanity offers plenty of storage and the water closet offers the privacy you are looking for. Step outside to your private paradise! The fenced backyard is an entertainer's delight with a 2-year-old above-ground pool, (can be removed upon request) a cozy fire pit, and a spacious 128 sq ft shed complete with a charming cabana porch – perfect for relaxation or extra storage. This home goes above and beyond with practical upgrades including gutters, a new Anderson fiberglass storm door, and a reinforced screened back door. Plus, enjoy access to the community's stocked pond just across the street! This meticulously maintained home is a must-see call today, schedule your showing, and experience why so many love living in Marsh Bridges! Buyer to verify all information during due diligence.

Key facts

• Spacious shed
• Cozy fire pit
• Above-ground pool

Tags

• FENCED BACKYARD
• ABOVE-GROUND POOL
• COZY FIRE PIT
• SPACIOUS SHED
• CUSTOM TILE WALK-IN SHOWER
• WALK IN PANTRY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $335 ($4k/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 $250k (9.1% below list).
• Recommended offer: $250k (9.1% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 4.7% in Summerdale — 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 57/100 on livability (#384 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools D-, crime F, amenities F.
• Baldwin County (rural): math 33% / reading 57% proficiency, ranked #18 of 129 in AL (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 143 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3,883 units permitted in Baldwin County in 2024 (481 in 5+ unit buildings).

Forward outlook

• In year one you build about $24k of equity ($2k loan paydown + $22k appreciation (8.0% local appreciation)).
• Baldwin County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (8.0% appreciation + 3.0% rent growth), your $77k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 8y ago 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $250,000 (9.1% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.91% ✗
• Cap rate: 7.76%
• Cash-on-cash: 5.23%
• DSCR: 1.23
• GRM: 9.2

CMA / ARV

• ARV (median comp): $283,787
• List price: $274,900
• Delta: -3.13%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
272 Lakefront Cir	0.13mi	3/2.0	1,563 (+0%)	5mo	$260,000	$166	90
206 Lakefront Cir	0.08mi	3/2.0	1,534 (-2%)	9mo	$324,900	$212	86
262 Lakefront Cir	0.15mi	3/2.0	1,537 (-2%)	8mo	$252,500	$164	84
115 Marsh Ct	0.12mi	3/2.0	1,537 (-2%)	21mo	$275,000	$179	74
224 Lakefront Cir	0.09mi	3/2.0	1,517 (-3%)	23mo	$290,000	$191	72
122 Marsh Ct	0.15mi	3/2.0	1,351 (-14%)	2mo	$309,000	$229	69
228 Lakefront Cir	0.12mi	3/2.0	1,334 (-15%)	19mo	$284,500	$213	54
241 Lakefront Cir	0.13mi	3/2.0	1,362 (-13%)	23mo	$273,000	$200	53
466 Shriver Ave	0.51mi	3/2.0	1,744 (+12%)	6mo	$279,990	$161	52
202 Jackson St	0.65mi	2/2.0 (-1)	1,357 (-13%)	13mo	$200,000	$147	32
202 W Jackson St	0.75mi	2/2.0 (-1)	1,357 (-13%)	13mo	$200,000	$147	27

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

Projected returns pro-forma

7.97% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.9%
• Equity multiple: 2.74×
• Total profit: $134,008
• Equity at exit: $208,349

10-year hold

• IRR: 21.7%
• Equity multiple: 5.84×
• Total profit: $372,673
• Equity at exit: $413,095

Cash invested: $76,972 (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 36580

• Home prices YoY: 2.8%
• Active inventory: 143
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,500 medium
• Mortgage (P&I): −$1,442
• Tax from tax record: −$59 /mo · $702/yr
• Insurance: −$115
• HOA: −$25
• Vacancy / Maint / Mgmt: −$525
• Net cashflow: $335

Break-even live

Break-even rent $2,076

Max offer price $274,900

Occupancy floor 82%

Sensitivity live

Price	-10% $491	-5% $413	+0% $335	+5% $258	+10% $180
Rent	-10% $138	-5% $237	+0% $335	+5% $434	+10% $533
Rate	-1.0pp $474	-0.5pp $405	base $335	+0.5pp $264	+1.0pp $192

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: $68,725
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19100 County Road 71 Summerdale, AL	4.0	2.0	2106	$2,500	$1.19	21d	1	1.31mi

HOA detail

• Monthly dues: $25 · $300/yr
• Likely covers: waterpool

Listing history 44 events

1. 2026-06-19
   days on market $274,900 Active 77 DOM
2. 2026-06-18
   days on market $274,900 Active 76 DOM
3. 2026-06-17
   days on market $274,900 Active 75 DOM
4. 2026-06-16
   days on market $274,900 Active 74 DOM
5. 2026-06-15
   days on market $274,900 Active 73 DOM
6. 2026-06-14
   days on market $274,900 Active 71 DOM
7. 2026-06-13
   days on market $274,900 Active 70 DOM
8. 2026-06-10
   days on market $274,900 Active 68 DOM
9. 2026-06-09
   days on market $274,900 Active 67 DOM
10. 2026-06-08
    days on market $274,900 Active 66 DOM
11. 2026-06-07
    days on market $274,900 Active 65 DOM
12. 2026-06-05
    days on market $274,900 Active 62 DOM
13. 2026-06-03
    days on market $274,900 Active 61 DOM
14. 2026-06-02
    days on market $274,900 Active 60 DOM
15. 2026-06-01
    days on market $274,900 Active 59 DOM
16. 2026-05-31
    days on market $274,900 Active 58 DOM
17. 2026-05-30
    days on market $274,900 Active 57 DOM
18. 2026-05-02
    status Active 1507-char remark

    Show marketing remark (1507 chars)

    SELLER OFFERING $13,000 in Concessions-with acceptable offer!!! Discover Your Oasis in Marsh Bridges Invest in a long term rental! The sought after community complete with sidewalks, street lamps, and fishing! This stunning 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and incredible upgrades. Enjoy an open-concept layout, a spacious kitchen featuring a large island, gleaming granite countertops, and a walk in pantry. You'll love the airy feel created by vaulted and trayed ceilings, and the peace of mind that comes with no carpet throughout living spaces and bedrooms. The luxurious primary suite boasts a custom tile walk-in shower and an expansive walk-in closet. The double vanity offers plenty of storage and the water closet offers the privacy you are looking for. Step outside to your private paradise! The fenced backyard is an entertainer's delight with a 2-year-old above-ground pool, (can be removed upon request) a cozy fire pit, and a spacious 128 sq ft shed complete with a charming cabana porch – perfect for relaxation or extra storage. This home goes above and beyond with practical upgrades including gutters, a new Anderson fiberglass storm door, and a reinforced screened back door. Plus, enjoy access to the community's stocked pond just across the street! This meticulously maintained home is a must-see call today, schedule your showing, and experience why so many love living in Marsh Bridges! Buyer to verify all information during due diligence.

19. 2026-05-02
    price $274,900 1507-char remark

    Show marketing remark (1507 chars)

    SELLER OFFERING $13,000 in Concessions-with acceptable offer!!! Discover Your Oasis in Marsh Bridges Invest in a long term rental! The sought after community complete with sidewalks, street lamps, and fishing! This stunning 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and incredible upgrades. Enjoy an open-concept layout, a spacious kitchen featuring a large island, gleaming granite countertops, and a walk in pantry. You'll love the airy feel created by vaulted and trayed ceilings, and the peace of mind that comes with no carpet throughout living spaces and bedrooms. The luxurious primary suite boasts a custom tile walk-in shower and an expansive walk-in closet. The double vanity offers plenty of storage and the water closet offers the privacy you are looking for. Step outside to your private paradise! The fenced backyard is an entertainer's delight with a 2-year-old above-ground pool, (can be removed upon request) a cozy fire pit, and a spacious 128 sq ft shed complete with a charming cabana porch – perfect for relaxation or extra storage. This home goes above and beyond with practical upgrades including gutters, a new Anderson fiberglass storm door, and a reinforced screened back door. Plus, enjoy access to the community's stocked pond just across the street! This meticulously maintained home is a must-see call today, schedule your showing, and experience why so many love living in Marsh Bridges! Buyer to verify all information during due diligence.

20. 2026-04-29
    historical Active Under Contract 1507-char remark

    Show marketing remark (1507 chars)

    SELLER OFFERING $13,000 in Concessions-with acceptable offer!!! Discover Your Oasis in Marsh Bridges Invest in a long term rental! The sought after community complete with sidewalks, street lamps, and fishing! This stunning 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and incredible upgrades. Enjoy an open-concept layout, a spacious kitchen featuring a large island, gleaming granite countertops, and a walk in pantry. You'll love the airy feel created by vaulted and trayed ceilings, and the peace of mind that comes with no carpet throughout living spaces and bedrooms. The luxurious primary suite boasts a custom tile walk-in shower and an expansive walk-in closet. The double vanity offers plenty of storage and the water closet offers the privacy you are looking for. Step outside to your private paradise! The fenced backyard is an entertainer's delight with a 2-year-old above-ground pool, (can be removed upon request) a cozy fire pit, and a spacious 128 sq ft shed complete with a charming cabana porch – perfect for relaxation or extra storage. This home goes above and beyond with practical upgrades including gutters, a new Anderson fiberglass storm door, and a reinforced screened back door. Plus, enjoy access to the community's stocked pond just across the street! This meticulously maintained home is a must-see call today, schedule your showing, and experience why so many love living in Marsh Bridges! Buyer to verify all information during due diligence.

21. 2026-04-03
    listed $279,500 Active 1507-char remark

    Show marketing remark (1507 chars)

    SELLER OFFERING $13,000 in Concessions-with acceptable offer!!! Discover Your Oasis in Marsh Bridges Invest in a long term rental! The sought after community complete with sidewalks, street lamps, and fishing! This stunning 3-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and incredible upgrades. Enjoy an open-concept layout, a spacious kitchen featuring a large island, gleaming granite countertops, and a walk in pantry. You'll love the airy feel created by vaulted and trayed ceilings, and the peace of mind that comes with no carpet throughout living spaces and bedrooms. The luxurious primary suite boasts a custom tile walk-in shower and an expansive walk-in closet. The double vanity offers plenty of storage and the water closet offers the privacy you are looking for. Step outside to your private paradise! The fenced backyard is an entertainer's delight with a 2-year-old above-ground pool, (can be removed upon request) a cozy fire pit, and a spacious 128 sq ft shed complete with a charming cabana porch – perfect for relaxation or extra storage. This home goes above and beyond with practical upgrades including gutters, a new Anderson fiberglass storm door, and a reinforced screened back door. Plus, enjoy access to the community's stocked pond just across the street! This meticulously maintained home is a must-see call today, schedule your showing, and experience why so many love living in Marsh Bridges! Buyer to verify all information during due diligence.

22. 2026-03-03
    status Active
23. 2026-02-24
    status Pending
24. 2026-01-05
    status Active
25. 2025-12-30
    status Pending
26. 2025-12-01
    listed $269,900 Active
27. 2025-11-08
    price $269,900
28. 2025-10-02
    price $275,000
29. 2025-09-02
    price $285,000
30. 2025-07-19
    listed $299,999 Active
31. 2025-05-06
    price $315,000
32. 2025-04-29
    price $317,500
33. 2025-04-16
    price $320,000
34. 2025-04-14
    price $324,000
35. 2025-03-24
    listed $325,000 Active
36. 2022-07-29
    soldstatus $247,000 Closed
37. 2022-07-29
    soldstatus $247,000
38. 2022-07-11
    status Pending
39. 2022-07-06
    status Active
40. 2022-06-29
    status Pending
41. 2022-06-28
    price $254,900
42. 2022-06-15
    listed $259,900 Active
43. 2018-04-13
    soldstatus $160,995
44. 2018-01-23
    listed $158,400

ⓘ 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: $702 · $59/mo
• Projected year-2 tax: $1,127 · $94/mo
• Expected delta: +$425/yr (+$35/mo · 60.5%)

ⓘ 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 10/10 Extreme 7 d/yr ≥105°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,000
• − Mortgage interest: −$15,399
• − Property taxes: −$702
• − Insurance: −$1,374
• − Repairs & maintenance: −$2,400
• − Management: −$2,400
• − HOA: −$300
• − Depreciation: −$7,997
• Taxable loss: −$573
• Est. tax savings @ 24.0%: +$137
• After-tax cash flow: $4,161/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: Baldwin County
• NCES district ID: 0100270
• Math proficiency: 33% ▼ -26.00%
• Reading proficiency: 57% ▲ 1.00%
• Median HH income: $50,677
• Composite: 38.61/100
• National rank: #4157
• State rank: #18 of 129 in AL

Livability — Summerdale

• Score: 57/100
• State rank: #384
• US rank: #21872

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Summerdale, AL
• City population: 7,025
• Population (ZIP): 7,025

Population outlook (Baldwin County) Hauer SSP2

• Today (2025): 248,264 people
• By 2030: 270,315 · +8.9%
• By 2040: 312,967 · +26.1%
• By 2050: 352,262 · +41.9%
• By 2075: 438,841 · +76.8%
• By 2100: 487,736 · +96.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Two or more races 17% Hispanic / Latino 17% Black 5%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Serbian 2% Lithuanian 2% Italian 2%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 9%

Political lean MEDSL · Baldwin

• 2024 margin: Solid R (+58.2) · D 20.5% · R 78.7%
• 2008→2024 swing: -6.7pp toward R · 2008: -51.5pp · 2024: -58.2pp
• All cycles: 2024: R+58.2 2020: R+53.8 2016: R+57.8 2012: R+55.8 2008: R+51.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.97%
• Current HPI: 288.8697
• 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

+73.5% since first listed

27 events — show timeline

• 2026-05-02 Relisted — BCAR
• 2026-05-02 Price Changed $274,900 BCAR
• 2026-04-29 Contingent — BCAR
• 2026-04-03 Listed $279,500 BCAR
• 2026-03-03 Relisted — BCAR
• 2026-02-24 Pending — BCAR
• 2026-01-05 Relisted — BCAR
• 2025-12-30 Pending — BCAR
• 2025-12-01 Listed $269,900 BCAR
• 2025-11-08 Price Changed $269,900 BCAR
• 2025-10-02 Price Changed $275,000 BCAR
• 2025-09-02 Price Changed $285,000 BCAR
• 2025-07-19 Listed $299,999 BCAR
• 2025-05-06 Price Changed $315,000 BCAR
• 2025-04-29 Price Changed $317,500 BCAR
• 2025-04-16 Price Changed $320,000 BCAR
• 2025-04-14 Price Changed $324,000 BCAR
• 2025-03-24 Listed $325,000 BCAR
• 2022-07-29 Sold (Public Records) $247,000 Public Records
• 2022-07-29 Sold (MLS) $247,000 BCAR
• 2022-07-11 Pending — BCAR
• 2022-07-06 Relisted — BCAR
• 2022-06-29 Pending — BCAR
• 2022-06-28 Price Changed $254,900 BCAR
• 2022-06-15 Listed $259,900 BCAR
• 2018-04-13 Sold (MLS) $160,995 BCAR
• 2018-01-23 Listed $158,400 BCAR

Property tax history

+31.7%/yr

Latest (2025): $702 · +10.2% YoY. Source: county tax records.