214 Upham St Unit 10B · Mobile, AL 36607

$126,500

1 bd · 1.0 ba · 794 sqft · Condo · 188 Days on market

Built 1939 Good condition $159/sqft · 9% below area Est $140k · 9% under $340/mo HOA · 30% of rent ↓ 6% since listing

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Why this score? — see what drove the F 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 +11.8/15.0
• Cash flow +4.5/30.0
• Condition / age +4.0/5.0
• 1% rule +3.9/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Schools +1.7/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Recently updated 1 bedroom 1 bathroom condo in popular Summerville Condos! Located in the heart of Midtown, this lovely property is across from the pool and club house. The back has a gorgeous old oak tree that you have to see to believe. Inside you will find new flooring, new lower cabinets, a gas range, dishwasher and refrigerator as well as space for a stackable washer and dryer, or add counter space by getting a dual washer/dryer and add more storage above. The bedroom has not 2, but 3 closets! The bathroom has been tastefully updated to today's standards. When you factor in location, what more is there to need? All updates per seller. Buyer or buyer's agent to verify.

Key facts

• New lower cabinets
• Updated condo
• Across from pool

Tags

• UPDATED CONDO
• ACROSS FROM POOL
• GORGEOUS OLD OAK TREE
• NEW FLOORING
• NEW LOWER CABINETS
• GAS RANGE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $126k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-328 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $79k (37.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $112k (11.3% below list).
• Recommended offer: $79k (37.5% below list) — sets the bar for cash-flow.
• Cap rate 3.2% vs local median 5.3% in Mobile — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 75/100 on livability (#20 in AL, #4,262 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
• 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.
• Zoned schools: Spencerwestlawn Elementary School (math 24% / reading 37%, grade F, #363 of 627 statewide, top 58%, 461 students, 94% FRL); Booker T Washington Middle School (math 0% / reading 12%, grade F, #252 of 257 statewide, top 98%, 340 students, 95% FRL); Murphy High School (math 10% / reading 19%, grade F, #220 of 305 statewide, top 77%, 1,254 students, 66% FRL) — zoned schools average 85% FRL vs 67% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 66 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 33% of the median local income ($41k/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 $875 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.

Negotiation context

• It's been on market 188 days — a 12% lower offer ($111k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 30% of rent; built in 1939 — 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 $79,062 (37.5% 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 188 days. Have you received any prior offers? Is the seller open to a 38% concession, seller financing, or rate buy-down credit?
3. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 0.89% ✗
• Cap rate: 3.18%
• Cash-on-cash: -11.11%
• DSCR: 0.51
• GRM: 9.4

CMA / ARV

• ARV (median comp): $139,771
• List price: $126,500
• Delta: -9.49%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
214 Upham Street St Unit 8D	0.06mi	1/1.0	792 (-0%)	2mo	$125,000	$158	96
214 Upham St Unit 20C	0.06mi	1/1.0	792 (-0%)	6mo	$130,000	$164	92
214 Upham Street St Unit 3D	0.06mi	2/1.0 (+1)	922 (+16%)	1mo	$157,500	$171	66
2006 Edwards Ave	1.06mi	2/1.0 (+1)	768 (-3%)	1mo	$12,000	$16	54
169 Morgan Ave	0.80mi	2/1.0 (+1)	830 (+4%)	5mo	$115,000	$139	48
407 Seminole St	1.24mi	2/1.0 (+1)	870 (+10%)	2mo	$104,000	$120	42
570 Clarke St	1.41mi	2/1.0 (+1)	884 (+11%)	0mo	$28,000	$32	41
51 Macks St	1.30mi	2/1.0 (+1)	891 (+12%)	0mo	$350,000	$393	39
14 Julia St N	1.40mi	1/1.0	990 (+25%)	1mo	$195,000	$197	39
175 Dunn Ave	1.30mi	2/1.0 (+1)	932 (+17%)	3mo	$147,000	$158	33
2706 Briley St	1.13mi	2/1.0 (+1)	969 (+22%)	5mo	$72,000	$74	30
559 Westwood St	1.30mi	2/1.0 (+1)	968 (+22%)	6mo	$37,000	$38	30

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: -36.2%
• Equity multiple: -0.16×
• Total profit: $-41,152
• Equity at exit: $18,862

10-year hold

• IRR: -48.1%
• Equity multiple: -0.74×
• Total profit: $-61,803
• Equity at exit: $10,937

Cash invested: $35,420 (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 36607

• Active inventory: 66
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,122 high
• Mortgage (P&I): −$663
• Tax est. 1.5%: −$158 /mo · $1,898/yr
• Insurance: −$53
• HOA: −$340
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $-328

Break-even live

Break-even rent $1,537

Max offer price $79,062

Occupancy floor —

Sensitivity live

Price	-10% $-240	-5% $-284	+0% $-328	+5% $-372	+10% $-415
Rent	-10% $-416	-5% $-372	+0% $-328	+5% $-284	+10% $-239
Rate	-1.0pp $-264	-0.5pp $-296	base $-328	+0.5pp $-361	+1.0pp $-394

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: $31,625
• Closing costs: $3,795
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
214 Upham St Unit 5D Mobile, AL	1.0	1.0	792	$1,150	$1.45	5d	1	0.05mi
214 Upham St Mobile, AL	1.0	1.0	792	$1,150	$1.45	6d	1	0.07mi
186 Stanton Rd Mobile, AL	1.0–3.0	1.0–2.5	1263	$1,675	$1.33	139d	1	0.28mi
2161 Homewood St Unit B Mobile, AL	1.0	1.0	600	$1,295	$2.16	117d	1	0.46mi
104 Ellinor St Mobile, AL	2.0	1.0	896	$1,275	$1.42	117d	1	0.56mi
350 Stanton Rd Unit D25 Mobile, AL	1.0	1.0	588	$895	$1.52	139d	1	0.58mi
350 Stanton Rd Mobile, AL	1.0	1.0	588	$895	$1.52	6d	1	0.59mi
2604 Dauphin St Mobile, AL	2.0	1.0	950	$1,072	$1.13	139d	2	0.71mi
2604 Dauphin St #210 Mobile, AL	2.0	1.0	950	$1,150	$1.21	117d	1	0.71mi
2604 Dauphin St #109 Mobile, AL	2.0	1.0	950	$1,150	$1.21	6d	1	0.71mi
2500 Taylor Ave Mobile, AL	2.0	1.0	840	$1,195	$1.42	139d	1	0.79mi
2503 Richard Ave Mobile, AL	2.0	1.0	928	$805	$0.87	109d	1	0.86mi
206 Pinehill Dr Mobile, AL	2.0	1.0	1077	$1,300	$1.21	6d	1	0.86mi
113 Randolph St Unit 1 Mobile, AL	1.0	1.0	800	$958	$1.20	117d	1	0.89mi
160 Stonewall Pl Unit D Mobile, AL	2.0	1.0	950	$950	$1.00	6d	1	0.90mi
166 Kenan St Unit D Mobile, AL	1.0	1.0	750	$1,200	$1.60	6d	1	0.92mi
160 Stonewall Pl Unit A Mobile, AL	2.0	1.0	950	$1,000	$1.05	6d	1	0.92mi
12 S Catherine St Unit 2 Mobile, AL	1.0	1.0	700	$725	$1.04	117d	1	1.07mi
1504 Dauphin St Unit 6 Mobile, AL	2.0	1.5	955	$1,000	$1.05	6d	1	1.12mi
1504 Dauphin St Unit 6 Mobile, AL	2.0	1.5	955	$1,000	$1.05	5d	1	1.12mi
2656 Pathway Pl Mobile, AL	2.0–3.0	1.0	782	$736	$0.94	0d	5	1.12mi
111 S Catherine St Mobile, AL	1.0–2.0	1.0	764	$799	$1.05	6d	2	1.18mi
1600 Government St Unit 2C Mobile, AL	2.0	1.0	962	$1,095	$1.14	6d	1	1.18mi
400 Westwood St Mobile, AL	1.0–2.0	1.0	750	$975	$1.30	6d	1	1.19mi
1404 Saint Stephens Rd Apt F Mobile, AL	2.0	1.0	776	$750	$0.97	6d	1	1.31mi
1404 Saint Stephens Rd Apt H Mobile, AL	2.0	1.0	776	$750	$0.97	2d	1	1.31mi
55 Macks St Mobile, AL	2.0	1.0	848	$945	$1.11	117d	1	1.31mi
20 Graf Dairy Dr Mobile, AL	1.0–2.0	1.0–2.0	938	$1,945	$2.07	6d	15	1.33mi
2850 Edgewood St Mobile, AL	2.0	1.0	816	$1,000	$1.23	117d	1	1.34mi
1412 Government St Unit 1C Mobile, AL	1.0	1.0	900	$1,100	$1.22	6d	1	1.36mi
20 Graf Dairy Dr Apt 6208 Mobile, AL	1.0	1.0	770	$1,838	$2.39	0d	1	1.36mi
562 Clarke St Mobile, AL	2.0	1.0	1061	$1,025	$0.97	139d	1	1.37mi
250 Tuttle Ave Unit B Mobile, AL	1.0	1.0	928	$995	$1.07	6d	1	1.40mi
2853 Josephine St Mobile, AL	2.0	1.0	780	$975	$1.25	117d	1	1.42mi
1848 Canal St Mobile, AL	2.0	1.5	900	$995	$1.11	6d	1	1.48mi

HOA detail $340/mo · $4,080/yr condo

• Likely covers: gaspool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-09-24
   days on market $126,500 Active 188 DOM
2. 2026-09-24
   days on market $126,500 Active 187 DOM
3. 2026-09-22
   days on market $126,500 Active 186 DOM
4. 2026-09-21
   days on market $126,500 Active 185 DOM
5. 2026-09-20
   days on market $126,500 Active 184 DOM
6. 2026-09-19
   days on market $126,500 Active 183 DOM
7. 2026-09-18
   days on market $126,500 Active 182 DOM
8. 2026-09-17
   days on market $126,500 Active 181 DOM
9. 2026-09-16
   days on market $126,500 Active 180 DOM
10. 2026-09-15
    days on market $126,500 Active 179 DOM
11. 2026-09-14
    days on market $126,500 Active 178 DOM
12. 2026-09-13
    days on market $126,500 Active 177 DOM
13. 2026-09-12
    days on market $126,500 Active 176 DOM
14. 2026-09-11
    days on market $126,500 Active 175 DOM
15. 2026-09-05
    days on market $126,500 Active 169 DOM
16. 2026-09-04
    days on market $126,500 Active 168 DOM
17. 2026-09-03
    days on market $126,500 Active 167 DOM
18. 2026-08-31
    days on market $126,500 Active 164 DOM
19. 2026-08-30
    days on market $126,500 Active 163 DOM
20. 2026-08-29
    days on market $126,500 Active 162 DOM
21. 2026-08-28
    days on market $126,500 Active 161 DOM
22. 2026-08-27
    days on market $126,500 Active 160 DOM
23. 2026-08-26
    days on market $126,500 Active 159 DOM
24. 2026-08-25
    days on market $126,500 Active 158 DOM
25. 2026-08-24
    days on market $126,500 Active 157 DOM
26. 2026-08-23
    days on market $126,500 Active 156 DOM
27. 2026-08-22
    days on market $126,500 Active 155 DOM
28. 2026-08-21
    days on market $126,500 Active 154 DOM
29. 2026-08-20
    days on market $126,500 Active 153 DOM
30. 2026-08-19
    days on market $126,500 Active 152 DOM
31. 2026-08-18
    price $126,500 Active 151 DOM
32. 2026-08-18
    days on market $127,000 Active 151 DOM
33. 2026-08-17
    days on market $127,000 Active 150 DOM
34. 2026-08-16
    days on market $127,000 Active 149 DOM
35. 2026-08-15
    days on market $127,000 Active 148 DOM
36. 2026-08-14
    days on market $127,000 Active 147 DOM
37. 2026-08-13
    days on market $127,000 Active 146 DOM
38. 2026-08-12
    days on market $127,000 Active 145 DOM
39. 2026-08-11
    days on market $127,000 Active 144 DOM
40. 2026-08-10
    days on market $127,000 Active 143 DOM
41. 2026-08-09
    days on market $127,000 Active 142 DOM
42. 2026-08-08
    days on market $127,000 Active 141 DOM
43. 2026-08-07
    days on market $127,000 Active 140 DOM
44. 2026-08-06
    days on market $127,000 Active 139 DOM
45. 2026-08-05
    days on market $127,000 Active 138 DOM
46. 2026-08-04
    days on market $127,000 Active 137 DOM
47. 2026-08-03
    days on market $127,000 Active 136 DOM
48. 2026-07-31
    days on market $127,000 Active 133 DOM
49. 2026-07-30
    days on market $127,000 Active 132 DOM
50. 2026-07-29
    days on market $127,000 Active 131 DOM

ⓘ 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 ≥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: $13,464
• − Mortgage interest: −$7,086
• − Property taxes: −$1,898
• − Insurance: −$632
• − Repairs & maintenance: −$1,077
• − Management: −$1,077
• − HOA: −$4,080
• − Depreciation: −$3,680
• Taxable loss: −$6,066
• Est. tax savings @ 24.0%: +$1,456
• After-tax cash flow: $-2,478/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 80/100 Cosmetic rehab Est. rehab $3,970–$11,910 screening

This recently updated 1-bedroom 1-bathroom condo in the Summerville Condos is in good condition with new flooring, kitchen appliances, and a tastefully updated bathroom. It is located in a desirable location with a pool and clubhouse nearby. The property is move-in ready and has the potential for further value-add improvements.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both New flooring in bathrooms — Improves functionality and aesthetics ↑
• Both New countertops and backsplash in kitchen — Enhances functionality and aesthetics ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 17/100

Zoned Schools

Elementary Spencerwestlawn Elementary School F AL #363/627 Nat'l #26,279/41,679 Middle Booker T Washington Middle School F AL #252/257 Nat'l #13,778/14,009 High Murphy High School F AL #220/305 Nat'l #15,534/17,239

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

B Composite livability gradescore 75/100

Livability — Mobile

• Score: 75/100
• State rank: #20
• US rank: #4262

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mobile, AL
• County: Mobile · 415,303 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 5,529
• Household income: $40,681
• Rent vs Own: 44.0% rent · 56.0% own
• Severe rent burden: 12% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (56%)
• Race & ethnicity: Black 56% White 40% Two or more races 3%
• Common ancestry: Slovak 4% Lithuanian 2% Scotch-Irish 1%
• Foreign-born: 1%

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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: ▼ -155.04%
• Current HPI: 127.0483
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

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Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

-5.6% since first listed

2 events — show timeline

• 2026-05-05 Price Changed $127,500 GCMLS AL
• 2026-03-20 Listed $135,000 GCMLS AL