10200 March Pointe Dr · Tillmans Corner, AL 36582

$149,900

4 bd · 2.0 ba · 2,134 sqft · SingleFamily public records · 7 Days on market

Built 2007 0.45 ac lot Est $181k · 17% 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 +28.7/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.4/10.0
• Livability +3.1/5.0
• 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

This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! Buyer to verify all information during due diligence.

Key facts

• Large eat-in kitchen
• Oversized bedrooms
• Walk-in closets

Tags

• PRIVATE WOODED LOT
• CLASSIC FRONT PORCH
• MASSIVE OVERSIZED GARAGE
• LARGE EAT-IN KITCHEN
• OVERSIZED BEDROOMS
• WALK-IN CLOSETS

Property features AI

Finance

• Other: Listing office: Redfin Corporation
• HOA & community: No community features; No transfer fees

Exterior

• Parking: Attached double garage (2 covered spaces)
• Utilities: Public water; Has heating; Electric service
• Home design: Single-family residence; One story; Resale property
• Construction: Hardboard and block construction; Composition roof
• Exterior features: Front porch; Level lot; Has view; No waterfront

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric central heating
• Interior features: Living room; En-suite

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $499 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 10.3% vs local median 5.0% in Tillmans Corner — 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 (#260 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, schools 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: 250 active listings in the ZIP; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 34% of the median local income ($65k/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 $1k 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 $42k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is D 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?
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: 1.24% ✓
• Cap rate: 10.29%
• Cash-on-cash: 14.26%
• DSCR: 1.63
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $181,390
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10132 Anna Frances St	0.12mi	5/3.0 (+1)	2,166 (+2%)	5mo	$94,550	$44	79
6921 March Rd	0.09mi	4/2.0	2,002 (-6%)	8mo	$170,000	$85	78
10535 Rhett McConnell Rd	0.57mi	3/2.0 (-1)	2,035 (-5%)	8mo	$370,000	$182	54
10588 Rhett Mcconnell Rd	0.58mi	3/2.0 (-1)	1,961 (-8%)	2mo	$355,000	$181	52
10140 Bridgewater Dr	0.74mi	3/2.0 (-1)	2,136 (+0%)	11mo	$335,000	$157	51
10399 Deer Ridge Ln	0.61mi	4/2.0	1,872 (-12%)	2mo	$132,900	$71	49
7224 Whispering Meadows Dr E	0.59mi	3/2.0 (-1)	2,400 (+12%)	7mo	$52,000	$22	41

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: 4.6%
• Equity multiple: 1.18×
• Total profit: $7,476
• Equity at exit: $22,351

10-year hold

• IRR: 14.1%
• Equity multiple: 2.13×
• Total profit: $47,383
• Equity at exit: $12,961

Cash invested: $41,972 (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 36582

• Home prices YoY: -19.1%
• Active inventory: 250
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,862 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$123 /mo · $1,477/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $499

Break-even live

Break-even rent $1,230

Max offer price $149,900

Occupancy floor 68%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-15
   status Pending 578-char remark

   Show marketing remark (578 chars)

   This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! Buyer to verify all information during due diligence.

2. 2026-05-15
   status Pending

   Show marketing remark (578 chars)

   This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! Buyer to verify all information during due diligence.

3. 2026-05-12
   status Active 578-char remark

   Show marketing remark (578 chars)

   This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! Buyer to verify all information during due diligence.

4. 2026-05-10
   status Pending 578-char remark

   Show marketing remark (578 chars)

   This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! Buyer to verify all information during due diligence.

5. 2026-05-08
   listed $149,900 Active 578-char remark

   Show marketing remark (578 chars)

   This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! Buyer to verify all information during due diligence.

6. 2026-05-08
   listed $149,900 Active

   Show marketing remark (578 chars)

   This solid fixer-upper offers a prime opportunity to build quick equity on a private wooded lot. The exterior features a classic front porch and a massive oversized 2-car garage with extra room for a workshop. Inside, the layout is functional and spacious, highlighted by a large eat-in kitchen and oversized bedrooms—all of which include walk-in closets. It needs some cosmetic updates, but with large rooms and a secluded setting, the value is already there. Bring your tools and finish it to your taste. Tour today! 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: $1,477 · $123/mo
• Projected year-2 tax: $1,477 · $123/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 6/10 Major
• 🌡 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

Taxation est. · year 1

• Rental income: $22,338
• − Mortgage interest: −$8,397
• − Property taxes: −$1,477
• − Insurance: −$750
• − Repairs & maintenance: −$1,787
• − Management: −$1,787
• − Depreciation: −$4,361
• Taxable income: $3,780
• Est. tax owed @ 24.0%: −$907
• After-tax cash flow: $5,080/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 — Tillmans Corner

• Score: 61/100
• State rank: #260
• US rank: #18090

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Mobile County · 246,577 people
• City population: 14,550
• Metro: Mobile, AL
• Population (ZIP): 23,705
• Household income: $64,763
• Rent vs Own: 20.1% rent · 79.9% own
• Severe rent burden: 431.0

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 (73%)
• Race & ethnicity: White 73% Black 18% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Slovak 3% Serbian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 95% English-only · Spanish 3% Vietnamese 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: ▼ -49.61%
• Current HPI: 209.7621
• Rent YoY: —
• Metro: Mobile, 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

+0.0% since first listed

6 events — show timeline

• 2026-05-15 Pending — GCMLS AL
• 2026-05-15 Pending — BCAR
• 2026-05-12 Relisted — GCMLS AL
• 2026-05-10 Pending — GCMLS AL
• 2026-05-08 Listed $149,900 GCMLS AL
• 2026-05-08 Listed $149,900 BCAR

Property tax history

+0.5%/yr

Latest (2025): $1,477 · -0.1% YoY. Source: county tax records.