12620 Pecan St · Grand Bay, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +22.8/30.0
- ARV discount +15.0/15.0
- DSCR +7.3/10.0
- 1% rule +4.9/10.0
- Livability +3.3/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$151,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
Key facts
- Breakfast nook
- Stainless steel sink
- Remodeled kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $151k.
Deal economics
- At list price, monthly cash flow is $264 ($3k/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 $150k (0.7% below list).
- Recommended offer: $133k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.4% vs local median 2.3% in Grand Bay — 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 66/100 on livability (#103 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, schools D, 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: 135 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $1k of loan paydown is wiped out by about $5k 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.
Negotiation context
- It's been on market 128 days — a 12% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y ago; this cycle's ask has dropped $14k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $70k; list at $151k implies a 116% 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.
Questions for the listing agent
- It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.99% ✗
- Cap rate
- 8.39%
- Cash-on-cash
- 7.48%
- DSCR
- 1.33
- GRM
- 8.4
CMA / ARV
- ARV (median comp)
- $192,941
- List price
- $151,000
- Delta
- -21.74%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 12301 Oakdale Ave | 0.54mi | 3/2.0 | 1,200 (+2%) | 3mo | $174,000 | $145 | 68 |
| 9101 Mccollough Rd | 0.19mi | 3/2.0 | 1,280 (+8%) | 9mo | $279,000 | $218 | 68 |
| 10601 Hillcrest Dr E | 0.58mi | 3/1.5 | 1,170 (-1%) | 13mo | $97,375 | $83 | 61 |
| 12460 Dailey Rd | 0.70mi | 3/2.0 | 1,242 (+5%) | 5mo | $211,500 | $170 | 52 |
| 12700 Longview Dr | 0.56mi | 3/2.0 | 1,292 (+10%) | 5mo | $207,500 | $161 | 52 |
| 10530 Mildred Ave | 0.33mi | 4/2.0 (+1) | 1,320 (+12%) | 9mo | $195,000 | $148 | 50 |
| 12670 Longview Dr | 0.56mi | 3/1.0 | 1,200 (+2%) | 23mo | $35,000 | $29 | 50 |
| 10815 Douglas Rd | 0.66mi | 3/2.0 | 1,183 (+0%) | 20mo | $155,000 | $131 | 50 |
| 12275 Oakdale Ave | 0.59mi | 2/2.5 (-1) | 1,080 (-8%) | 8mo | $160,500 | $149 | 43 |
| 10039 Pecan St | 0.70mi | 3/1.0 | 1,120 (-5%) | 21mo | $115,000 | $103 | 39 |
| 10125 Pecan St | 0.61mi | 3/1.0 | 1,074 (-9%) | 23mo | $110,000 | $102 | 35 |
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
- IRR
- -4.9%
- Equity multiple
- 0.82×
- Total profit
- $-7,736
- Equity at exit
- $22,515
- IRR
- 4.7%
- Equity multiple
- 1.35×
- Total profit
- $14,664
- Equity at exit
- $13,056
Cash invested: $42,280 (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
ZIP-level market 36541
- Home prices YoY
- -21.0%
- Active inventory
- 135
- Price-to-rent
- 8.4×
Monthly cashflow live
- Estimated rent
- $1,500 medium interval (Pro) →
- Mortgage (P&I)
- −$792
- Tax from tax record
- −$67 /mo · $800/yr
- Insurance
- −$63
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$315
- Net cashflow
- $264
Break-even live
Sensitivity live
| Price | -10% $349 | -5% $306 | +0% $264 | +5% $221 | +10% $178 |
|---|---|---|---|---|---|
| Rent | -10% $145 | -5% $204 | +0% $264 | +5% $323 | +10% $382 |
| Rate | -1.0pp $340 | -0.5pp $302 | base $264 | +0.5pp $224 | +1.0pp $185 |
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
- $37,750
- Closing costs
- $4,530
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 12180 Franklin Creek Ct Grand Bay, AL | 3.0 | 2.0 | 1345 | $1,500 | $1.12 | 14d | 1 | 1.18mi |
Listing history 37 events
-
2026-06-21days on market $151,000 Active 128 DOM
-
2026-06-18days on market $151,000 Active 125 DOM
-
2026-06-17days on market $151,000 Active 124 DOM
-
2026-06-16price $151,000 Active 123 DOM
-
2026-06-16days on market $152,000 Active 123 DOM
-
2026-06-15days on market $152,000 Active 122 DOM
-
2026-06-14days on market $152,000 Active 120 DOM
-
2026-06-13days on market $152,000 Active 119 DOM
-
2026-06-10days on market $152,000 Active 117 DOM
-
2026-06-09days on market $152,000 Active 116 DOM
-
2026-06-09price $152,000 Active 115 DOM
-
2026-06-08days on market $153,000 Active 115 DOM
-
2026-06-07days on market $153,000 Active 114 DOM
-
2026-06-05days on market $153,000 Active 111 DOM
-
2026-06-03days on market $153,000 Active 110 DOM
-
2026-06-02days on market $153,000 Active 109 DOM
-
2026-06-01pricedays on market $153,000 Active 108 DOM
-
2026-05-31days on market $154,000 Active 107 DOM
-
2026-05-30days on market $154,000 Active 106 DOM
-
2026-05-18price $155,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-05-11price $156,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-05-04price $157,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-04-27price $158,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-04-20price $159,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-04-13price $160,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-04-06price $161,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-03-30price $162,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-03-23price $163,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-03-16price $164,000 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2026-02-13$165,000 Active 1177-char remark
Show marketing remark (1177 chars)
Welcome to this adorable three-bedroom, one-and-a-half-bathroom cottage located in the desirable Grand Bay neighborhood. Meticulously renovated throughout, this home is sure to impress with its inviting features and thoughtful updates. Central air unit ensures comfortable climate year-round. Dedicated laundry area adds convenience to everyday living. Beautiful original hardwood floors accent the bedrooms, providing warmth and character. The remodeled kitchen includes breakfast nook for casual meals. White cabinets and butcher block style countertops. Stainless steel sink and fixture. Stainless range with glass top. The den offers versatile options, whether like a family room, formal living space, game room, or a spacious office. It features a half bath and a separate entrance for added functionality. Corner lot location offers additional privacy and curb appeal. Fresh paint inside and out gives the home a clean, modern look. New lighting fixtures and numerous ceiling fans enhance comfort and style. An awesome covered patio is perfect for cool evenings and outdoor cooking. Property is sold as is, where is. Buyer to verify all information during due diligence.
-
2024-07-26historical $1,500
-
2024-07-08price $1,500
-
2024-06-07$1,700
-
2021-04-22soldstatus $70,000
-
2021-04-20soldstatus $70,000 460-char remark
Show marketing remark (460 chars)
Looking for a cute little cottage right in the middle of Grand Bay? This is the one for you. This home has great potential and could easily be renovated to meet your own personal tastes. This home features a split floor plan with 3 bedrooms and one bath in the main part of the home and a large master bedroom or bonus room just off the kitchen. The current owner has used this as a rental property so there is some potential to use this as an income property.
-
2007-04-03soldstatus $184,000
-
2006-10-04soldstatus $80,000
ⓘ 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
- $800 · $67/mo
- Projected year-2 tax
- $800 · $67/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 3/10 Moderate
- 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,000
- − Mortgage interest
- −$8,458
- − Property taxes
- −$800
- − Insurance
- −$755
- − Repairs & maintenance
- −$1,440
- − Management
- −$1,440
- − Depreciation
- −$4,393
- Taxable income
- $714
- Est. tax owed @ 24.0%
- −$171
- After-tax cash flow
- $2,991/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 — Grand Bay
- Score
- 66/100
- State rank
- #103
- US rank
- #11625
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Grand Bay, AL
- City population
- 16,353
- Population (ZIP)
- 16,353
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 White (74%)
- Race & ethnicity
- White 74% Black 17% Two or more races 6% Hispanic / Latino 3%
- Common ancestry
- Lithuanian 5% Italian 2% Iranian 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · Spanish 2%
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
- ▼ -55.38%
- Current HPI
- 208.4722
- 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
+93.8% since first listed18 events — show timeline
- 2026-05-18 Price Changed $155,000 GCMLS AL
- 2026-05-11 Price Changed $156,000 GCMLS AL
- 2026-05-04 Price Changed $157,000 GCMLS AL
- 2026-04-27 Price Changed $158,000 GCMLS AL
- 2026-04-20 Price Changed $159,000 GCMLS AL
- 2026-04-13 Price Changed $160,000 GCMLS AL
- 2026-04-06 Price Changed $161,000 GCMLS AL
- 2026-03-30 Price Changed $162,000 GCMLS AL
- 2026-03-23 Price Changed $163,000 GCMLS AL
- 2026-03-16 Price Changed $164,000 GCMLS AL
- 2026-02-13 Listed $165,000 GCMLS AL
- 2024-07-26 Rental Removed $1,500 GCMLSAL
- 2024-07-08 Price Changed $1,500 GCMLSAL
- 2024-06-07 Listed for Rent $1,700 GCMLSAL
- 2021-04-22 Sold (Public Records) $70,000 Public Records
- 2021-04-20 Sold (MLS) $70,000 GCMLS AL
- 2007-04-03 Sold (Public Records) $184,000 Public Records
- 2006-10-04 Sold (Public Records) $80,000 Public Records
Property tax history
+9.5%/yrLatest (2025): $800 · +1.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…