963 Semler St · Prichard, AL 36610

$35,000

3 bd · 1.0 ba · 880 sqft · SingleFamily public records · 113 Days on market

Built 1982 4,399 sqft lot $40/sqft · at area comps Est $35k · at est.

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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
• ARV discount +8.0/15.0
• Appreciation +5.2/10.0
• 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

Welcome to a rare and exciting investment opportunity-this diamond in the rough offers the perfect canvas for your next renovation project or flip. Whether you're a seasoned investor, contractor, or ambitious homeowner looking for sweat equity, this is your chance to create real value. This investor special is priced to sell quickly, so don't miss out on this opportunity. Schedule a private showing today!

Key facts

• 4,399 sq ft lot
• Parking
• Listed 113 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $470 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($873 rent vs $35k).
• Recommended offer: $32k (9.0% below list) — sets the bar for market timing.
• Cap rate 22.4% 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: 41 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $372 of equity ($242 loan paydown + $130 appreciation (0.4% 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 (0.4% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 113 days — a 9% lower offer ($32k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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.
• Current owner paid $20k; list at $35k implies a 75% gain — meaningful room to come down on a strong offer.

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 $31,850 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 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: 2.50% ✓
• Cap rate: 22.39%
• Cash-on-cash: 57.49%
• DSCR: 3.56
• GRM: 3.3

CMA / ARV

• ARV (median comp): $35,412
• List price: $35,000
• Delta: -1.16%
• Verdict: FAIR
• Comps: 11 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
452 Glendale Pl	0.60mi	2/1.0 (-1)	884 (+0%)	16mo	$18,000	$20	53
61 Ralph Ave	0.35mi	3/1.5	1,000 (+14%)	20mo	$40,000	$40	42
1021 Cherry St	0.65mi	2/1.0 (-1)	1,006 (+14%)	8mo	$35,000	$35	34

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

Projected returns pro-forma

0.37% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 59.6%
• Equity multiple: 4.01×
• Total profit: $29,497
• Equity at exit: $10,819

10-year hold

• IRR: 61.5%
• Equity multiple: 8.09×
• Total profit: $69,492
• Equity at exit: $13,541

Cash invested: $9,800 (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 36610

• Home prices YoY: 0.9%
• Active inventory: 41
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $873 medium
• Mortgage (P&I): −$184
• Tax from tax record: −$22 /mo · $268/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$183
• Net cashflow: $470

Break-even live

Break-even rent $279

Max offer price $35,000

Occupancy floor 41%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
519 Bay Bridge Rd Unit B Prichard, AL	2.0	1.0	1000	$925	$0.93	43d	1	0.46mi
38 Flock Ave Mobile, AL	2.0	1.0	849	$795	$0.94	43d	1	0.76mi

Listing history 27 events

1. 2026-06-18
   days on market $35,000 Active 113 DOM
2. 2026-06-17
   days on market $35,000 Active 112 DOM
3. 2026-06-16
   days on market $35,000 Active 111 DOM
4. 2026-06-15
   days on market $35,000 Active 110 DOM
5. 2026-06-14
   days on market $35,000 Active 108 DOM
6. 2026-06-13
   days on market $35,000 Active 107 DOM
7. 2026-06-10
   days on market $35,000 Active 105 DOM
8. 2026-06-09
   days on market $35,000 Active 104 DOM
9. 2026-06-08
   days on market $35,000 Active 103 DOM
10. 2026-06-07
    days on market $35,000 Active 102 DOM
11. 2026-06-05
    days on market $35,000 Active 99 DOM
12. 2026-06-03
    days on market $35,000 Active 98 DOM
13. 2026-06-02
    days on market $35,000 Active 97 DOM
14. 2026-06-01
    days on market $35,000 Active 96 DOM
15. 2026-05-31
    days on market $35,000 Active 95 DOM
16. 2026-05-30
    days on market $35,000 Active 94 DOM
17. 2026-03-23
    status Active 408-char remark

    Show marketing remark (408 chars)

    Welcome to a rare and exciting investment opportunity-this diamond in the rough offers the perfect canvas for your next renovation project or flip. Whether you're a seasoned investor, contractor, or ambitious homeowner looking for sweat equity, this is your chance to create real value. This investor special is priced to sell quickly, so don't miss out on this opportunity. Schedule a private showing today!

18. 2026-03-16
    status Pending 408-char remark

    Show marketing remark (408 chars)

    Welcome to a rare and exciting investment opportunity-this diamond in the rough offers the perfect canvas for your next renovation project or flip. Whether you're a seasoned investor, contractor, or ambitious homeowner looking for sweat equity, this is your chance to create real value. This investor special is priced to sell quickly, so don't miss out on this opportunity. Schedule a private showing today!

19. 2026-02-18
    listed $35,000 Active 408-char remark

    Show marketing remark (408 chars)

    Welcome to a rare and exciting investment opportunity-this diamond in the rough offers the perfect canvas for your next renovation project or flip. Whether you're a seasoned investor, contractor, or ambitious homeowner looking for sweat equity, this is your chance to create real value. This investor special is priced to sell quickly, so don't miss out on this opportunity. Schedule a private showing today!

20. 2023-07-27
    soldstatus $20,000 Closed 442-char remark

    Show marketing remark (442 chars)

    Looking for a lucrative investment opportunity? Look no further than this investor special located at 963 Semler St in Prichard, Alabama! This property is just waiting for the right investor to come in and unlock its full potential. This investor special is priced to sell quickly, so don't miss out on this opportunity. Whether you're a seasoned investor or just getting started, contact your favorite Realtor today to schedule a showing.

21. 2023-07-27
    soldstatus $20,000 Closed

    Show marketing remark (442 chars)

    Looking for a lucrative investment opportunity? Look no further than this investor special located at 963 Semler St in Prichard, Alabama! This property is just waiting for the right investor to come in and unlock its full potential. This investor special is priced to sell quickly, so don't miss out on this opportunity. Whether you're a seasoned investor or just getting started, contact your favorite Realtor today to schedule a showing.

22. 2023-07-12
    status Pending

    Show marketing remark (442 chars)

    Looking for a lucrative investment opportunity? Look no further than this investor special located at 963 Semler St in Prichard, Alabama! This property is just waiting for the right investor to come in and unlock its full potential. This investor special is priced to sell quickly, so don't miss out on this opportunity. Whether you're a seasoned investor or just getting started, contact your favorite Realtor today to schedule a showing.

23. 2023-07-12
    status Pending 442-char remark

    Show marketing remark (442 chars)

    Looking for a lucrative investment opportunity? Look no further than this investor special located at 963 Semler St in Prichard, Alabama! This property is just waiting for the right investor to come in and unlock its full potential. This investor special is priced to sell quickly, so don't miss out on this opportunity. Whether you're a seasoned investor or just getting started, contact your favorite Realtor today to schedule a showing.

24. 2023-04-26
    listed $20,000 Active 442-char remark

    Show marketing remark (442 chars)

    Looking for a lucrative investment opportunity? Look no further than this investor special located at 963 Semler St in Prichard, Alabama! This property is just waiting for the right investor to come in and unlock its full potential. This investor special is priced to sell quickly, so don't miss out on this opportunity. Whether you're a seasoned investor or just getting started, contact your favorite Realtor today to schedule a showing.

25. 2023-04-26
    listed $20,000 Active

    Show marketing remark (442 chars)

    Looking for a lucrative investment opportunity? Look no further than this investor special located at 963 Semler St in Prichard, Alabama! This property is just waiting for the right investor to come in and unlock its full potential. This investor special is priced to sell quickly, so don't miss out on this opportunity. Whether you're a seasoned investor or just getting started, contact your favorite Realtor today to schedule a showing.

26. 2023-01-24
    price $30,000
27. 2009-02-18
    soldstatus $21,661

ⓘ 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: $268 · $22/mo
• Projected year-2 tax: $268 · $22/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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,481
• − Mortgage interest: −$1,961
• − Property taxes: −$268
• − Insurance: −$175
• − Repairs & maintenance: −$838
• − Management: −$838
• − Depreciation: −$1,018
• Taxable income: $5,382
• Est. tax owed @ 24.0%: −$1,292
• After-tax cash flow: $4,343/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): 9,692

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 (97%)
• Race & ethnicity: Black 97% Hispanic / Latino 1% White 1%
• Foreign-born: 0%

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: ▲ 0.37%
• Current HPI: 42.6203
• 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

+61.6% since first listed

11 events — show timeline

• 2026-03-23 Relisted — GCMLS AL
• 2026-03-16 Pending — GCMLS AL
• 2026-02-18 Listed $35,000 GCMLS AL
• 2023-07-27 Sold (MLS) $20,000 BCAR
• 2023-07-27 Sold (MLS) $20,000 GCMLS AL
• 2023-07-12 Pending — BCAR
• 2023-07-12 Pending — GCMLS AL
• 2023-04-26 Listed $20,000 GCMLS AL
• 2023-04-26 Listed $20,000 BCAR
• 2023-01-24 Price Changed $30,000 GCMLS AL
• 2009-02-18 Sold (Public Records) $21,661 Public Records

Property tax history

+3.7%/yr

Latest (2025): $268 · +6.9% YoY. Source: county tax records.