4225 Greaves Rd · Prichard, AL 36613

$129,900

3 bd · 2.0 ba · 1,839 sqft · SingleFamily public records · 62 Days on market

Built 1985 4.42 ac lot $71/sqft · 40% below area Est $217k · 40% under ↓ 19% 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 +27.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.6/10.0
• 1% rule +7.5/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

Key facts

• Outdoor living areas
• Country-style living
• Peace and privacy

Tags

• 4.4 ACRES
• SPACIOUS HOME
• FUNCTIONAL LAYOUT
• OUTDOOR LIVING AREAS
• PEACE AND PRIVACY
• COUNTRY-STYLE LIVING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $382 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.

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: 92 active listings in the ZIP; 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 $898 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 + 3.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $30k (19%) 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; major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% 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: 1.25% ✓
• Cap rate: 9.82%
• Cash-on-cash: 12.60%
• DSCR: 1.56
• GRM: 6.7

CMA / ARV

• ARV (median comp): $216,741
• List price: $129,900
• Delta: -40.07%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4225 Greaves Rd	0.00mi	3/2.0	1,839 (0%)	1mo	$129,900	$71	100
4130 Fox Creek Dr W	0.38mi	3/2.0	1,823 (-1%)	1mo	$254,900	$140	80
5027 Breckenridge Dr	0.21mi	3/2.0	1,794 (-2%)	9mo	$245,000	$137	78
4131 Greaves Rd	0.14mi	3/2.0	1,600 (-13%)	14mo	$244,000	$153	60
4050 Fox Creek Dr W	0.49mi	4/2.0 (+1)	1,891 (+3%)	22mo	$235,000	$124	48

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.4%
• Equity multiple: 1.09×
• Total profit: $3,292
• Equity at exit: $19,369

10-year hold

• IRR: 11.9%
• Equity multiple: 1.94×
• Total profit: $34,278
• Equity at exit: $11,231

Cash invested: $36,372 (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 36613

• Home prices YoY: -23.9%
• Active inventory: 92
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,620 medium
• Mortgage (P&I): −$681
• Tax est. 1.5%: −$162 /mo · $1,948/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $382

Break-even live

Break-even rent $1,136

Max offer price $129,900

Occupancy floor 71%

Sensitivity live

Price	-10% $472	-5% $427	+0% $382	+5% $337	+10% $292
Rent	-10% $254	-5% $318	+0% $382	+5% $446	+10% $510
Rate	-1.0pp $447	-0.5pp $415	base $382	+0.5pp $348	+1.0pp $314

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-05-06
   status Pending 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

2. 2026-04-17
   price $129,900 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

3. 2026-04-17
   status Active 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

4. 2026-04-08
   historical 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

5. 2026-03-30
   price $139,900 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

6. 2026-03-23
   price $144,900 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

7. 2026-03-12
   price $149,900 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

8. 2026-02-24
   listed $159,900 Active 1016-char remark

   Show marketing remark (1016 chars)

   Investor Opportunity or Equity Builder on 4.4 Acres! Discover the potential in this spacious 3-bedroom, 2-bath home offering 1,839 sq ft of living space on a sprawling 4.4-acre lot. With solid bones and a functional layout, this property is ready for someone with vision to bring it back to life. The home needs some TLC and rehab, but the upside is undeniable. Whether you’re an investor looking for your next value-add project or a homeowner ready to build instant equity, this property offers space, privacy, and long-term potential. With over four acres of land, there’s room to expand, add outbuildings, create outdoor living areas, or simply enjoy the peace and privacy of country-style living. The generous square footage provides a great foundation for modern updates and improvements. Opportunities like this — acreage plus square footage at a value price — don’t come around often. Bring your ideas, your contractor, and unlock the full potential of this property.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 18 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

Taxation est. · year 1

• Rental income: $19,436
• − Mortgage interest: −$7,276
• − Property taxes: −$1,948
• − Insurance: −$650
• − Repairs & maintenance: −$1,555
• − Management: −$1,555
• − Depreciation: −$3,779
• Taxable income: $2,673
• Est. tax owed @ 24.0%: −$641
• After-tax cash flow: $3,940/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

• City population: 13,402
• Population (ZIP): 12,082

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 (52%)
• Race & ethnicity: Black 52% White 44% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 0%
• 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: ▼ -65.49%
• Current HPI: 208.8677
• 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

-18.8% since first listed

8 events — show timeline

• 2026-05-06 Pending — GCMLS AL
• 2026-04-17 Price Changed $129,900 GCMLS AL
• 2026-04-17 Relisted — GCMLS AL
• 2026-04-08 Delisted — GCMLS AL
• 2026-03-30 Price Changed $139,900 GCMLS AL
• 2026-03-23 Price Changed $144,900 GCMLS AL
• 2026-03-12 Price Changed $149,900 GCMLS AL
• 2026-02-24 Listed $159,900 GCMLS AL