4375 Lindsey Ln Unit A · Orange Beach, AL 36561

$315,000

3 bd · 2.0 ba · 1,125 sqft · Condo · 251 Days on market

Built 2001 Good condition $280/sqft · 20% below area Est $394k · 20% under $367/mo HOA · 14% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +7.3/30.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * FORTIFIED ROOF * * LOCATION, LOCATION, LOCATION! Yes, you CAN buy a home in Orange Beach for under 320,000! Orange Beach Villas are tucked just off of Canal Road, a community of Key West-style duplexes with a private pool and clubhouse. Move into this well maintained, spacious 3 BR, 2 BA townhome and enjoy all the perks of life in beautiful Orange Beach. The Orange Beach Sportsplex, Hugh S. Branyon Backcountry Trail, The Wharf, Orange Beach Middle and High School and the beach are just minutes away. Use this adorable townhome as income producing property - short term rentals allowed with 3 nights minimum - or make it your beach getaway at a very smart price. NO elevators to keep you waiting, no stress over parking. Relocating? You won't find a better place to call home. Spacious open floorplan, 2 reserved parking spots, and a full-length screened porch allow for entertaining as well as dreamy daily living. Make Orange Beach life YOUR life! Call for a showing today. Rental projections attached. Buyer to verify all information during due diligence.

Key facts

• Private pool
• Clubhouse
• Screened porch

Tags

• PRIVATE POOL
• CLUBHOUSE
• INCOME PRODUCING PROPERTY
• SHORT TERM RENTALS ALLOWED
• SCREENED PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $315k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-420 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $254k (19.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $269k (14.7% below list).
• Recommended offer: $254k (19.3% below list) — sets the bar for cash-flow.
• Cap rate 4.7% vs local median 0.2% in Orange Beach — 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 75/100 on livability (#17 in AL, #3,891 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: crime C-, amenities C-, commute F.
• Zoned schools: Orange Beach Elementary School (math 63% / reading 80%); Orange Beach Middlehigh School (631 students, 24% FRL).
• Market conditions: 89 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,883 units permitted in Baldwin County in 2024 (481 in 5+ unit buildings).
• This rent runs 33% of the median local income ($98k/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 $2k of loan paydown is wiped out by about $9k 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.

Negotiation context

• It's been on market 251 days — a 12% lower offer ($277k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y 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 $187k; list at $315k implies a 68% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $254,173 (19.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 251 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 4.69%
• Cash-on-cash: -5.72%
• DSCR: 0.75
• GRM: 9.8

CMA / ARV

• ARV (median comp): $394,073
• List price: $315,000
• Delta: -20.07%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4351 Lindsey Ln Unit 4351 B	0.02mi	3/2.0	1,125 (0%)	13mo	$312,500	$278	88

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: -26.0%
• Equity multiple: 0.12×
• Total profit: $-77,550
• Equity at exit: $46,968

10-year hold

• IRR: -22.3%
• Equity multiple: -0.14×
• Total profit: $-100,923
• Equity at exit: $27,235

Cash invested: $88,200 (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 36561

• Active inventory: 89
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,688 medium
• Mortgage (P&I): −$1,652
• Tax est. 1.5%: −$394 /mo · $4,725/yr
• Insurance: −$131
• HOA: −$367
• Vacancy / Maint / Mgmt: −$564
• Net cashflow: $-420

Break-even live

Break-even rent $3,220

Max offer price $254,173

Occupancy floor —

Sensitivity live

Price	-10% $-203	-5% $-312	+0% $-420	+5% $-529	+10% $-638
Rent	-10% $-633	-5% $-527	+0% $-420	+5% $-314	+10% $-208
Rate	-1.0pp $-262	-0.5pp $-340	base $-420	+0.5pp $-502	+1.0pp $-585

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: $78,750
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
23957 Village Cut Dr Orange Beach, AL	3.0	2.5	1320	$2,800	$2.12	23d	1	0.35mi
24802 Gulf Stream Cir Orange Beach, AL	3.0	2.5	1437	$1,949	$1.36	15d	4	0.64mi
4144 Lost Bay Dr Orange Beach, AL	3.0	2.5	1437	$2,250	$1.57	45d	1	0.88mi
25624 W Perdido Ave Orange Beach, AL	2.0	2.0	1170	$1,580	$1.35	15d	3	1.49mi

HOA detail condo

• Monthly dues: $367 · $4,404/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 25 events

1. 2026-06-21
   days on market $315,000 Active 251 DOM
2. 2026-06-19
   days on market $315,000 Active 249 DOM
3. 2026-06-18
   days on market $315,000 Active 248 DOM
4. 2026-06-17
   days on market $315,000 Active 247 DOM
5. 2026-06-16
   days on market $315,000 Active 246 DOM
6. 2026-06-15
   days on market $315,000 Active 245 DOM
7. 2026-06-14
   days on market $315,000 Active 243 DOM
8. 2026-06-13
   days on market $315,000 Active 242 DOM
9. 2026-06-10
   days on market $315,000 Active 240 DOM
10. 2026-06-09
    days on market $315,000 Active 239 DOM
11. 2026-06-08
    days on market $315,000 Active 238 DOM
12. 2026-06-07
    days on market $315,000 Active 237 DOM
13. 2026-06-03
    days on market $315,000 Active 233 DOM
14. 2026-06-02
    days on market $315,000 Active 232 DOM
15. 2026-06-01
    days on market $315,000 Active 231 DOM
16. 2026-05-31
    days on market $315,000 Active 230 DOM
17. 2026-05-30
    days on market $315,000 Active 229 DOM
18. 2026-05-15
    price $315,000 1069-char remark

    Show marketing remark (1069 chars)

    * * FORTIFIED ROOF * * LOCATION, LOCATION, LOCATION! Yes, you CAN buy a home in Orange Beach for under 320,000! Orange Beach Villas are tucked just off of Canal Road, a community of Key West-style duplexes with a private pool and clubhouse. Move into this well maintained, spacious 3 BR, 2 BA townhome and enjoy all the perks of life in beautiful Orange Beach. The Orange Beach Sportsplex, Hugh S. Branyon Backcountry Trail, The Wharf, Orange Beach Middle and High School and the beach are just minutes away. Use this adorable townhome as income producing property - short term rentals allowed with 3 nights minimum - or make it your beach getaway at a very smart price. NO elevators to keep you waiting, no stress over parking. Relocating? You won't find a better place to call home. Spacious open floorplan, 2 reserved parking spots, and a full-length screened porch allow for entertaining as well as dreamy daily living. Make Orange Beach life YOUR life! Call for a showing today. Rental projections attached. Buyer to verify all information during due diligence.

19. 2025-10-13
    listed $319,000 Active 1069-char remark

    Show marketing remark (936 chars)

    LOCATION, LOCATION, LOCATION! Yes, you CAN buy a home in Orange Beach for under 325,000! Orange Beach Villas are tucked just off ofCanal Road, a community of Key West-style duplexes with a private pool and clubhouse. Move into this 3 BR, 2 BA townhome and enjoy all the perks of life in beautiful Orange Beach. Buyer to verify all information during due diligence. The Orange Beach Sportsplex, Hugh S. Branyon Backcountry Trail, The Wharf, Orange Beach Middle and High School and the beach are just minutes away. Use this adorable townhome as income producing property - short term rentals allowed - or make it your beach getaway at a very smart price. Relocating? You won't find a better place to call home. Spacious open floorplan, 2 reserved parking spots, and a full-length screened porch allow for entertaining as well as dreamy daily living. Make Orange Beach life YOUR life! Call for a showing today. Rental projections attached.

20. 2025-10-13
    listed $319,000 Active 936-char remark

    Show marketing remark (936 chars)

    LOCATION, LOCATION, LOCATION! Yes, you CAN buy a home in Orange Beach for under 325,000! Orange Beach Villas are tucked just off ofCanal Road, a community of Key West-style duplexes with a private pool and clubhouse. Move into this 3 BR, 2 BA townhome and enjoy all the perks of life in beautiful Orange Beach. Buyer to verify all information during due diligence. The Orange Beach Sportsplex, Hugh S. Branyon Backcountry Trail, The Wharf, Orange Beach Middle and High School and the beach are just minutes away. Use this adorable townhome as income producing property - short term rentals allowed - or make it your beach getaway at a very smart price. Relocating? You won't find a better place to call home. Spacious open floorplan, 2 reserved parking spots, and a full-length screened porch allow for entertaining as well as dreamy daily living. Make Orange Beach life YOUR life! Call for a showing today. Rental projections attached.

21. 2025-03-05
    listed $329,500 Active
22. 2018-06-29
    soldstatus $187,000
23. 2018-06-28
    listed $187,000
24. 2015-09-11
    soldstatus $154,000
25. 2015-06-12
    listed $159,700

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $32,256
• − Mortgage interest: −$17,645
• − Property taxes: −$4,725
• − Insurance: −$1,575
• − Repairs & maintenance: −$2,580
• − Management: −$2,580
• − HOA: −$4,404
• − Depreciation: −$9,164
• Taxable loss: −$10,417
• Est. tax savings @ 24.0%: +$2,500
• After-tax cash flow: $-2,544/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 · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained and updated Orange Beach townhome is ready for move-in and offers a great location with easy access to local amenities. Potential buyers and renters can appreciate the property's good condition and potential for further value enhancement.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Resale Updating the kitchen backsplash — A fresh backsplash can improve the kitchen's appearance and functionality.
• Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more renters or buyers.
• Both Adding smart home features — Smart home features can increase the property's value and appeal to tech-savvy buyers or renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Resale Updating the kitchen backsplash — A fresh backsplash can improve the kitchen's appearance and functionality. ↑
• Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more renters or buyers. ↑
• Both Adding smart home features — Smart home features can increase the property's value and appeal to tech-savvy buyers or renters. ↑

ⓘ 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)

No district data.

Livability — Orange Beach

• Score: 75/100
• State rank: #17
• US rank: #3891

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Orange Beach, AL
• County: Baldwin County · 181,514 people
• City population: 9,528
• Metro: Daphne-Fairhope-Foley, AL
• Population (ZIP): 9,528
• Household income: $98,295
• Rent vs Own: 29.9% rent · 70.1% own
• Severe rent burden: 179.0

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 (89%)
• Race & ethnicity: White 89% Two or more races 4% Black 4% Hispanic / Latino 2% Asian 1%
• Common ancestry: Lithuanian 4% Slovak 4% Russian 3%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1% French/Haitian/Cajun 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: ▼ -219.50%
• Current HPI: 270.8382
• Rent YoY: —
• 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

+97.2% since first listed

8 events — show timeline

• 2026-05-15 Price Changed $315,000 BCAR
• 2025-10-13 Listed $319,000 PARMLS
• 2025-10-13 Listed $319,000 BCAR
• 2025-03-05 Listed $329,500 BCAR
• 2018-06-29 Sold (MLS) $187,000 BCAR
• 2018-06-28 Listed $187,000 BCAR
• 2015-09-11 Sold (MLS) $154,000 BCAR
• 2015-06-12 Listed $159,700 BCAR