313 W 4th Ave · Foley, AL 36535

$125,000

3 bd · 1.0 ba · 1,196 sqft · SingleFamily public records · 5 Days on market

Built 1973 0.41 ac lot Est $240k · 48% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• Schools +3.9/10.0
• Livability +3.1/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

Key facts

• 0.41 acre lot
• Built 1973
• Listed 5 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $649 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 12.5% vs local median 4.0% in Foley — 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 61/100 on livability (#241 in AL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-, crime B; Watch: employment D+, amenities F, commute 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.
• Zoned schools: Foley Elementary School (math 22% / reading 44%, grade F, #323 of 627 statewide, top 52%, 992 students, 76% FRL); Foley Middle School (math 11% / reading 36%, grade F, #172 of 257 statewide, top 68%, 783 students, 82% FRL); Foley High School (math 24% / reading 25%, grade F, #118 of 305 statewide, top 45%, 1,578 students, 75% FRL) — zoned schools average 78% FRL vs 38% district-wide (40 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 45% district-wide (-18 pts) — the specific schools serving this property underperform the Baldwin County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.8%/yr); 875 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 3,883 units permitted in Baldwin County in 2024 (481 in 5+ unit buildings).
• This rent runs 32% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Baldwin County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.8% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts; this cycle's ask is 14% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $125,000

Questions for the listing agent

1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.41% ✓
• Cap rate: 12.53%
• Cash-on-cash: 22.26%
• DSCR: 1.99
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $240,396
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1224 Sweet Laurel St	0.59mi	3/2.0	1,205 (+1%)	12mo	$243,000	$202	57
1228 Bay St	0.61mi	3/2.0	1,205 (+1%)	12mo	$242,000	$201	56
1116 Bay St	0.62mi	3/2.0	1,205 (+1%)	12mo	$242,000	$201	56
1100 Bay St	0.61mi	3/2.0	1,205 (+1%)	13mo	$242,585	$201	56
1040 Bay St	0.61mi	3/2.0	1,205 (+1%)	13mo	$242,000	$201	56
1092 Bay St	0.64mi	3/2.0	1,205 (+1%)	12mo	$235,000	$195	55
1108 Bay St	0.63mi	3/2.0	1,205 (+1%)	13mo	$242,000	$201	55
1032 Bay St	0.69mi	3/2.0	1,205 (+1%)	11mo	$242,000	$201	53
1048 Bay St	0.68mi	3/2.0	1,205 (+1%)	12mo	$242,000	$201	53
1064 Bay St	0.66mi	3/2.0	1,205 (+1%)	13mo	$242,000	$201	53
1024 Bay St	0.70mi	3/2.0	1,205 (+1%)	14mo	$240,000	$199	50
1084 Bay St	0.65mi	3/2.0	1,205 (+1%)	18mo	$240,000	$199	50

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 · 1.81% rent growth · sell at horizon

5-year hold

• IRR: 13.8%
• Equity multiple: 1.54×
• Total profit: $18,961
• Equity at exit: $18,638

10-year hold

• IRR: 21.7%
• Equity multiple: 2.75×
• Total profit: $61,213
• Equity at exit: $10,808

Cash invested: $35,000 (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 36535

• Home prices YoY: -24.9%
• Rents YoY: 1.8%
• Active inventory: 875
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,759 high
• Mortgage (P&I): −$656
• Tax from tax record: −$33 /mo · $395/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$369
• Net cashflow: $649

Break-even live

Break-even rent $937

Max offer price $125,000

Occupancy floor 58%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
300 E Lawson Ave Foley, AL	1.0–3.0	1.0–2.0	1054	$1,510	$1.43	13d	1	0.49mi
904 Shagbark Rd Foley, AL	3.0–4.0	2.0	1671	$1,799	$1.08	13d	1	0.74mi
503 S Cedar St Foley, AL	2.0	2.0	1200	$1,600	$1.33	43d	1	0.84mi
431 Hamilton Blvd Foley, AL	3.0	2.0	1351	$1,695	$1.25	21d	1	0.87mi
502 Meadow Ln Foley, AL	3.0	2.0	1438	$1,695	$1.18	43d	1	0.90mi
458 Riviera Blvd Foley, AL	1.0–3.0	1.0–2.0	1123	$1,779	$1.58	13d	13	1.03mi
679 E Michigan Ave Foley, AL	1.0–2.0	1.0–2.0	955	$1,500	$1.57	43d	4	1.09mi
2800 Browning Way Foley, AL	1.0–3.0	1.0–2.0	945	$1,799	$1.90	13d	37	1.15mi
116 S Elm St Unit 116 Foley, AL	3.0	2.0	1125	$1,350	$1.20	44d	1	1.26mi
2651 S Juniper St Foley, AL	2.0–3.0	2.0	1267	$2,200	$1.74	21d	3	1.28mi
2651 S Juniper St Foley, AL	3.0	2.0	1260	$1,925	$1.53	43d	2	1.28mi
635 E Azalea Ave Foley, AL	3.0	1.0	988	$1,100	$1.11	21d	1	1.30mi
1802 Cashew Cir Foley, AL	2.0–5.0	2.0–2.5	1702	$2,084	$1.22	43d	1	1.32mi
19364 Chelsey Dr Foley, AL	3.0	2.0	1355	$1,549	$1.14	21d	1	1.38mi
19362 Chelsey Dr Foley, AL	2.0	2.0	1102	$1,375	$1.25	21d	1	1.38mi
9921 Bethany Dr Foley, AL	1.0–3.0	1.0–2.0	1082	$1,375	$1.27	13d	7	1.47mi

Listing history 11 events

1. 2026-06-09
   listing id $125,000 Pending 5 DOM
2. 2026-02-01
   status Pending

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

3. 2026-02-01
   status Pending 394-char remark

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

4. 2026-01-30
   price $125,000 394-char remark

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

5. 2026-01-28
   status Active 394-char remark

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

6. 2026-01-28
   status Active

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

7. 2026-01-28
   price $125,000

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

8. 2025-02-19
   status Pending

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

9. 2025-02-19
   status Pending 394-char remark

   Show marketing remark (394 chars)

   Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

10. 2025-02-17
    listed $110,000 Active 394-char remark

    Show marketing remark (394 chars)

    Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

11. 2025-02-17
    listed $110,000 Active

    Show marketing remark (394 chars)

    Opportunity awaits! This four bedroom two bath is full of potential and ready for transformation. With a little TLC, this could be your next flip-to-fabulous success! Featuring a functional layout, solid bones, and endless possibilities-whether you're looking for a quick turn around or a long-term investment. Don't miss this opportunity ! Buyer to verify all information during due diligence.

ⓘ 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: $395 · $33/mo
• Projected year-2 tax: $512 · $43/mo
• Expected delta: +$118/yr (+$10/mo · 29.9%)

ⓘ 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 · 23 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,109
• − Mortgage interest: −$7,002
• − Property taxes: −$395
• − Insurance: −$625
• − Repairs & maintenance: −$1,689
• − Management: −$1,689
• − Depreciation: −$3,636
• Taxable income: $6,074
• Est. tax owed @ 24.0%: −$1,458
• After-tax cash flow: $6,333/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 — Foley

• Score: 61/100
• State rank: #241
• US rank: #17616

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Foley, AL
• County: Baldwin County · 181,514 people
• City population: 40,628
• Metro: Daphne-Fairhope-Foley, AL
• Population (ZIP): 40,628
• Household income: $66,714
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 803.0

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 (78%)
• Race & ethnicity: White 78% Hispanic / Latino 10% Two or more races 8% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 2% Chinese 1%

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: ▼ -86.82%
• Current HPI: 262.2796
• Rent YoY: ▲ 1.81%
• Metro: Daphne-Fairhope-Foley, AL
• 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

+13.6% since first listed

10 events — show timeline

• 2026-02-01 Pending — BCAR
• 2026-02-01 Pending — GCMLS AL
• 2026-01-30 Price Changed $125,000 GCMLS AL
• 2026-01-28 Relisted — GCMLS AL
• 2026-01-28 Relisted — BCAR
• 2026-01-28 Price Changed $125,000 BCAR
• 2025-02-19 Pending — BCAR
• 2025-02-19 Pending — GCMLS AL
• 2025-02-17 Listed $110,000 GCMLS AL
• 2025-02-17 Listed $110,000 BCAR

Property tax history

+8.2%/yr

Latest (2025): $395 · +12.4% YoY. Source: county tax records.