3531 Anton St · Prichard, AL 36612

$39,000

4 bd · 1.0 ba · 1,600 sqft · SingleFamily public records · 99 Days on market

Built 1985 0.37 ac lot $24/sqft · 64% below area ↓ 24% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +8.8/10.0
• ARV discount +7.5/15.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Listing remarks MLS

Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

Key facts

• New plumbing
• New foundation work
• New roof

Tags

• NEW ROOF
• NEW PLUMBING
• NEW ELECTRICAL WIRING
• NEW FOUNDATION WORK
• BRAND-NEW HVAC SYSTEM

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $39k.

Deal economics

• At list price, monthly cash flow is $603 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $39k).
• Recommended offer: $35k (9.0% below list) — sets the bar for market timing.
• Cap rate 24.9% vs local median 11.4% in Prichard — 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 54/100 on livability (#472 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools D-, crime F, amenities F.
• 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: 17 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($270 loan paydown + $3k appreciation (7.6% 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 (7.6% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 99 days — a 9% lower offer ($35k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $16k (29%) 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.

Recommended offer $35,490 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 2.78% ✓
• Cap rate: 24.85%
• Cash-on-cash: 66.28%
• DSCR: 3.95
• GRM: 3.0

CMA / ARV

• ARV (median comp): $123,602
• List price: $39,000
• Delta: -68.45%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3431 Kay St	0.67mi	4/1.0	1,573 (-2%)	18mo	$100,000	$64	51
2818 Bettye F Johnson St	0.68mi	3/2.0 (-1)	1,565 (-2%)	8mo	$155,000	$99	50
3711 Dial St	0.26mi	4/2.0	1,827 (+14%)	13mo	$150,000	$82	49
821 Mount Sinai Ave	0.72mi	4/1.0	1,460 (-9%)	23mo	$110,000	$75	33

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

Projected returns pro-forma

7.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 75.3%
• Equity multiple: 5.89×
• Total profit: $53,444
• Equity at exit: $28,521

10-year hold

• IRR: 71.3%
• Equity multiple: 12.59×
• Total profit: $126,526
• Equity at exit: $55,588

Cash invested: $10,920 (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 36612

• Home prices YoY: 6.2%
• Active inventory: 17
• Price-to-rent: 3.0×

Monthly cashflow live

• Estimated rent: $1,084 medium
• Mortgage (P&I): −$205
• Tax from tax record: −$32 /mo · $386/yr
• Insurance: −$16
• HOA: −$0
• Vacancy / Maint / Mgmt: −$228
• Net cashflow: $603

Break-even live

Break-even rent $320

Max offer price $39,000

Occupancy floor 39%

Sensitivity live

Price	-10% $625	-5% $614	+0% $603	+5% $592	+10% $581
Rent	-10% $518	-5% $560	+0% $603	+5% $646	+10% $689
Rate	-1.0pp $623	-0.5pp $613	base $603	+0.5pp $593	+1.0pp $583

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: $9,750
• Closing costs: $1,170
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1701 Bear Fork Rd Unit 7 Mobile, AL	3.0	2.0	1064	$950	$0.89	44d	1	0.53mi
2211 Wolf Ridge Rd Unit B Mobile, AL	3.0	1.5	1050	$1,200	$1.14	44d	1	1.01mi
2209 Wolf Ridge Rd Unit B Mobile, AL	3.0	1.5	1175	$1,200	$1.02	44d	1	1.03mi
100 Dairy Rd Mobile, AL	2.0–3.0	2.0	999	$1,100	$1.10	14d	1	1.18mi

Listing history 22 events

1. 2026-06-18
   days on market $39,000 Active 99 DOM
2. 2026-06-17
   days on market $39,000 Active 98 DOM
3. 2026-06-16
   days on market $39,000 Active 97 DOM
4. 2026-06-15
   days on market $39,000 Active 96 DOM
5. 2026-06-14
   days on market $39,000 Active 94 DOM
6. 2026-06-13
   days on market $39,000 Active 93 DOM
7. 2026-06-10
   days on market $39,000 Active 91 DOM
8. 2026-06-09
   days on market $39,000 Active 90 DOM
9. 2026-06-08
   days on market $39,000 Active 89 DOM
10. 2026-06-07
    days on market $39,000 Active 88 DOM
11. 2026-06-05
    days on market $39,000 Active 85 DOM
12. 2026-06-03
    days on market $39,000 Active 84 DOM
13. 2026-06-02
    days on market $39,000 Active 83 DOM
14. 2026-06-01
    days on market $39,000 Active 82 DOM
15. 2026-05-31
    days on market $39,000 Active 81 DOM
16. 2026-05-30
    days on market $39,000 Active 80 DOM
17. 2026-05-11
    price $42,000 511-char remark

    Show marketing remark (511 chars)

    Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

18. 2026-05-01
    status Active 511-char remark

    Show marketing remark (511 chars)

    Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

19. 2026-01-23
    status Pending 511-char remark

    Show marketing remark (511 chars)

    Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

20. 2026-01-12
    price $44,900 511-char remark

    Show marketing remark (511 chars)

    Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

21. 2026-01-05
    price $49,900 511-char remark

    Show marketing remark (511 chars)

    Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

22. 2025-12-03
    listed $55,000 Active 511-char remark

    Show marketing remark (511 chars)

    Investor Special! 4BR/2BA, approx. 1,800 sq ft. Many major updates already completed, including new roof, new plumbing, new electrical wiring, and new foundation work. Property includes a newish refrigerator and a brand-new HVAC system (both units) ready for installation. Investor started renovations but did not finish, offering an excellent opportunity for a flipper or landlord. Home has strong rental potential and is ready for someone to bring the remaining work to completion. Priced to sell.

ⓘ 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: $386 · $32/mo
• Projected year-2 tax: $386 · $32/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 4/10 Moderate
• 🌡 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,004
• − Mortgage interest: −$2,185
• − Property taxes: −$386
• − Insurance: −$195
• − Repairs & maintenance: −$1,040
• − Management: −$1,040
• − Depreciation: −$1,135
• Taxable income: $7,023
• Est. tax owed @ 24.0%: −$1,686
• After-tax cash flow: $5,552/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 — Prichard

• Score: 54/100
• State rank: #472
• US rank: #24080

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prichard, AL
• City population: 13,402
• Population (ZIP): 3,558

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 (93%)
• Race & ethnicity: Black 93% White 5% Hispanic / Latino 2%
• 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: ▲ 7.58%
• Current HPI: 130.8445
• 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

-23.6% since first listed

6 events — show timeline

• 2026-05-11 Price Changed $42,000 GCMLS AL
• 2026-05-01 Relisted — GCMLS AL
• 2026-01-23 Pending — GCMLS AL
• 2026-01-12 Price Changed $44,900 GCMLS AL
• 2026-01-05 Price Changed $49,900 GCMLS AL
• 2025-12-03 Listed $55,000 GCMLS AL

Property tax history

-3.6%/yr

Latest (2025): $386 · +5.7% YoY. Source: county tax records.