1106 Jackson Ave · Prichard, AL 36610

$30,000

10 bd · 4.0 ba · 3,200 sqft · SingleFamily · 189 Days on market

Built 1942 Poor condition 0.26 ac lot

---

Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• Appreciation +5.2/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Schools +2.3/10.0
• Condition / age +1.0/5.0

Listing remarks MLS

This investment property offers a strong value add opportunity for someone looking to take on a full renovation project. With four total units and a layout that includes two 2 bedroom 1 bath units and two 3 bedroom 1 bath units, this structure gives plenty of room for a creative investor with vision. The location is minutes from the interstate, Downtown Mobile, Africa Town, Mardi Gras routes, and much more making it an appealing spot for future rental demand once restored. This property needs a full renovation and is priced to reflect the work needed. Investors looking to rebuild, reposition, or apply the BRRRR method will find a solid foundation to create long term value. This project offers attractive potential returns for a savvy buyer who is ready to bring the property back to life.

Key facts

• 0.26 acre lot
• Built 1942
• Listed 189 days

What this means for you Summary

Snapshot

• This is a 10-bed/4.0-bath single-family listed at $30k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $884 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $30k).
• Recommended offer: $26k (12.0% below list) — sets the bar for market timing.
• Cap rate 41.7% 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; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $319 of equity ($207 loan paydown + $112 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 $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 189 days — a 12% lower offer ($26k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.
• 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 $26,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 189 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 4.60% ✓
• Cap rate: 41.65%
• Cash-on-cash: 126.28%
• DSCR: 6.62
• GRM: 1.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: —
• Equity multiple: 7.66×
• Total profit: $55,971
• Equity at exit: $9,274

10-year hold

• IRR: —
• Equity multiple: 15.98×
• Total profit: $125,861
• Equity at exit: $11,607

Cash invested: $8,400 (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: 1.8×

Monthly cashflow live

• Estimated rent: $1,381 medium
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$38 /mo · $450/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$290
• Net cashflow: $884

Break-even live

Break-even rent $262

Max offer price $30,000

Occupancy floor 31%

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: $7,500
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-17
   status $30,000 Pending 189 DOM
2. 2026-06-17
   days on market $30,000 Active 189 DOM
3. 2026-06-16
   days on market $30,000 Active 188 DOM
4. 2026-06-15
   days on market $30,000 Active 187 DOM
5. 2026-06-14
   days on market $30,000 Active 185 DOM
6. 2026-06-13
   days on market $30,000 Active 184 DOM
7. 2026-06-10
   days on market $30,000 Active 182 DOM
8. 2026-06-09
   days on market $30,000 Active 181 DOM
9. 2026-06-08
   days on market $30,000 Active 180 DOM
10. 2026-06-07
    days on market $30,000 Active 179 DOM
11. 2026-06-05
    days on market $30,000 Active 176 DOM
12. 2026-06-03
    days on market $30,000 Active 175 DOM
13. 2026-06-02
    days on market $30,000 Active 174 DOM
14. 2026-06-01
    days on market $30,000 Active 173 DOM
15. 2026-05-31
    days on market $30,000 Active 172 DOM
16. 2026-05-30
    days on market $30,000 Active 171 DOM
17. 2026-03-12
    price $30,000 797-char remark

    Show marketing remark (797 chars)

    This investment property offers a strong value add opportunity for someone looking to take on a full renovation project. With four total units and a layout that includes two 2 bedroom 1 bath units and two 3 bedroom 1 bath units, this structure gives plenty of room for a creative investor with vision. The location is minutes from the interstate, Downtown Mobile, Africa Town, Mardi Gras routes, and much more making it an appealing spot for future rental demand once restored. This property needs a full renovation and is priced to reflect the work needed. Investors looking to rebuild, reposition, or apply the BRRRR method will find a solid foundation to create long term value. This project offers attractive potential returns for a savvy buyer who is ready to bring the property back to life.

18. 2026-01-12
    price $40,000 797-char remark

    Show marketing remark (797 chars)

    This investment property offers a strong value add opportunity for someone looking to take on a full renovation project. With four total units and a layout that includes two 2 bedroom 1 bath units and two 3 bedroom 1 bath units, this structure gives plenty of room for a creative investor with vision. The location is minutes from the interstate, Downtown Mobile, Africa Town, Mardi Gras routes, and much more making it an appealing spot for future rental demand once restored. This property needs a full renovation and is priced to reflect the work needed. Investors looking to rebuild, reposition, or apply the BRRRR method will find a solid foundation to create long term value. This project offers attractive potential returns for a savvy buyer who is ready to bring the property back to life.

19. 2025-12-10
    listed $57,000 Active 797-char remark

    Show marketing remark (797 chars)

    This investment property offers a strong value add opportunity for someone looking to take on a full renovation project. With four total units and a layout that includes two 2 bedroom 1 bath units and two 3 bedroom 1 bath units, this structure gives plenty of room for a creative investor with vision. The location is minutes from the interstate, Downtown Mobile, Africa Town, Mardi Gras routes, and much more making it an appealing spot for future rental demand once restored. This property needs a full renovation and is priced to reflect the work needed. Investors looking to rebuild, reposition, or apply the BRRRR method will find a solid foundation to create long term value. This project offers attractive potential returns for a savvy buyer who is ready to bring the property back to life.

20. 2024-07-14
    price $35,000
21. 2024-06-13
    price $39,000
22. 2024-02-23
    price $49,500
23. 2023-05-01
    price $40,000
24. 2023-03-08
    price $60,000
25. 2023-02-21
    price $25,000

ⓘ 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 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,576
• − Mortgage interest: −$1,680
• − Property taxes: −$450
• − Insurance: −$150
• − Repairs & maintenance: −$1,326
• − Management: −$1,326
• − Depreciation: −$873
• Taxable income: $10,771
• Est. tax owed @ 24.0%: −$2,585
• After-tax cash flow: $8,022/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.

Condition & rehab AI · 1 photo

Poor 20/100 Extensive rehab

This abandoned property requires extensive repairs and landscaping to become move-in ready. A new roof and exterior repairs are critical to improve its value.

Repairs flagged

• Major roof — Missing shingles, exposed structure
• Major exterior — Overgrown vegetation, dilapidated roof

Value-add opportunities

• Both landscaping and curb appeal — Improving the property's appearance would attract more interest
• Both roof replacement — A new roof would significantly improve the property's value and safety
• Both exterior repairs — Removing overgrown vegetation and repairing the exterior would enhance the property's curb appeal and safety

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Missing shingles, exposed structure	Major	$15,000–50,000
exterior · Overgrown vegetation, dilapidated roof	Major	$15,000–50,000
Total estimated repair cost · 2 items		$30,000–100,000

Value-add ROI direction

• Both landscaping and curb appeal — Improving the property's appearance would attract more interest ↑
• Both roof replacement — A new roof would significantly improve the property's value and safety ↑
• Both exterior repairs — Removing overgrown vegetation and repairing the exterior would enhance the property's curb appeal and safety ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

+20.0% since first listed

9 events — show timeline

• 2026-03-12 Price Changed $30,000 GCMLS AL
• 2026-01-12 Price Changed $40,000 GCMLS AL
• 2025-12-10 Listed $57,000 GCMLS AL
• 2024-07-14 Price Changed $35,000 GCMLS AL
• 2024-06-13 Price Changed $39,000 GCMLS AL
• 2024-02-23 Price Changed $49,500 GCMLS AL
• 2023-05-01 Price Changed $40,000 GCMLS AL
• 2023-03-08 Price Changed $60,000 GCMLS AL
• 2023-02-21 Price Changed $25,000 GCMLS AL