4453 Myers Rd · Prichard, AL 36613

$103,000

3 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 216 Days on market

Built 2002 9,395 sqft lot

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Why this score? — see what drove the C- 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 +22.6/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.1/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Charming 4-Bedroom, 2-Bath Home with Spacious Yard, Perfect for First-Time Buyers or Investors! Welcome to this beautifully maintained 4-bedroom, 2-bathroom home offering 1,400 square feet of comfortable living space. Nestled on a generously sized lot, this property features a large backyard, ideal for family gatherings, pets, gardening, or even future expansion. Inside, you'll find a bright and functional layout with plenty of room to make it your own. The open living and dining areas create a warm inviting atmosphere, perfect for entertaining or relaxing at home. Whether you're a first-time homebuyer looking for an affordable start or an investor seeking a solid rental property with

Key facts

• Spacious yard
• Bright layout
• Large backyard

Tags

• SPACIOUS YARD
• LARGE BACKYARD
• BRIGHT LAYOUT
• OPEN LIVING AND DINING AREAS
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: No land lease; No other structures; Located in Curtwood Lake Estates subdivision

Exterior

• Parking: Driveway; Parking for 2 vehicles
• Security: No accessibility features
• Utilities: Electricity available (110V and 220V); Water available; Public sewer
• Home design: Single family residence; Residential property
• Construction: Vinyl siding; Concrete perimeter foundation; Pillar/post/pier foundation
• Exterior features: Back yard fencing; Chain link fence; No pool; No spa; View available

Interior

• Kitchen: Electric cooktop; Electric oven; Refrigerator; Cabinets (other); Laminate counters
• Bedrooms: 4 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $103k.

Deal economics

• At list price, monthly cash flow is $174 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $103k).
• Recommended offer: $91k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 11.4% in Prichard — 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 54/100 on livability (#472 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute 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.
• Zoned schools: Cf Vigor High School (math 2% / reading 2%, grade F, #291 of 305 statewide, top 100%, 547 students, 86% FRL) — zoned schools average 86% FRL vs 67% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 2% at this address vs 27% district-wide (-24 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
• Market conditions: 92 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 83% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $712 of loan paydown is wiped out by about $3k 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 216 days — a 12% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask is 5% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,640 (12.0% below list)

Questions for the listing agent

1. It's been on market 216 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.01% ✓
• Cap rate: 8.33%
• Cash-on-cash: 7.26%
• DSCR: 1.32
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $28,800
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4450 Walter St	0.24mi	3/1.0	1,190 (-1%)	5mo	$29,000	$24	83
2712 Shelton Beach Rd	0.70mi	3/1.0	1,196 (-0%)	5mo	$132,000	$110	63
50 Brucewood Dr E	0.34mi	3/1.0	1,161 (-3%)	23mo	$30,000	$26	60
4469 Walter St	0.33mi	3/1.0	1,142 (-5%)	21mo	$138,000	$121	59
8 Brucewood Dr W	0.31mi	3/1.0	1,085 (-10%)	19mo	$18,000	$17	53
721 Walter Cir S	0.15mi	2/1.0 (-1)	1,020 (-15%)	14mo	$18,800	$18	52
4928 Rainbow Cir	0.74mi	3/1.0	1,056 (-12%)	16mo	$21,000	$20	32

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: -5.2%
• Equity multiple: 0.81×
• Total profit: $-5,602
• Equity at exit: $15,358

10-year hold

• IRR: 4.4%
• Equity multiple: 1.32×
• Total profit: $9,332
• Equity at exit: $8,906

Cash invested: $28,840 (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 36613

• Home prices YoY: -23.9%
• Active inventory: 92
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,039 high
• Mortgage (P&I): −$540
• Tax from tax record: −$63 /mo · $761/yr
• Insurance: −$43
• HOA: −$0
• Vacancy / Maint / Mgmt: −$218
• Net cashflow: $174

Break-even live

Break-even rent $818

Max offer price $103,000

Occupancy floor 78%

Sensitivity live

Price	-10% $233	-5% $204	+0% $174	+5% $145	+10% $116
Rent	-10% $92	-5% $133	+0% $174	+5% $216	+10% $257
Rate	-1.0pp $226	-0.5pp $201	base $174	+0.5pp $148	+1.0pp $121

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: $25,750
• Closing costs: $3,090
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2211 Wolf Ridge Rd Unit B Mobile, AL	3.0	1.5	1050	$1,200	$1.14	44d	1	1.06mi
2209 Wolf Ridge Rd Unit B Mobile, AL	3.0	1.5	1175	$1,200	$1.02	44d	1	1.08mi
2207 Wolf Ridge Rd Unit B Mobile, AL	2.0	1.0	1000	$1,100	$1.10	44d	1	1.11mi
3427 Stovall St Mobile, AL	3.0	1.0	1025	$850	$0.83	22d	1	1.12mi
1701 Bear Fork Rd Unit 7 Mobile, AL	3.0	2.0	1064	$950	$0.89	44d	1	1.25mi
1701 Bear Fork Rd Unit 2 Mobile, AL	2.0	2.0	1064	$875	$0.82	44d	1	1.25mi

Listing history 9 events

1. 2026-05-01
   status Pending
2. 2026-02-26
   price $103,000
3. 2026-02-26
   status Active
4. 2025-11-24
   status Pending
5. 2025-11-18
   status Active
6. 2025-10-31
   historical
7. 2025-08-01
   status Active
8. 2025-07-22
   status Pending
9. 2025-05-28
   listed $98,500 Active

ⓘ 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: $761 · $63/mo
• Projected year-2 tax: $761 · $63/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 3/10 Moderate
• 🌡 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: $12,471
• − Mortgage interest: −$5,770
• − Property taxes: −$761
• − Insurance: −$515
• − Repairs & maintenance: −$998
• − Management: −$998
• − Depreciation: −$2,996
• Taxable income: $433
• Est. tax owed @ 24.0%: −$104
• After-tax cash flow: $1,990/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 — 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): 12,082

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: Majority Black (52%)
• Race & ethnicity: Black 52% White 44% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 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: ▼ -65.49%
• Current HPI: 208.8677
• 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

+4.6% since first listed

9 events — show timeline

• 2026-05-01 Pending — GCMLS AL
• 2026-02-26 Price Changed $103,000 GCMLS AL
• 2026-02-26 Relisted — GCMLS AL
• 2025-11-24 Pending — GCMLS AL
• 2025-11-18 Relisted — GCMLS AL
• 2025-10-31 Delisted — GCMLS AL
• 2025-08-01 Relisted — GCMLS AL
• 2025-07-22 Pending — GCMLS AL
• 2025-05-28 Listed $98,500 GCMLS AL

Property tax history

+12.0%/yr

Latest (2025): $761 · -1.6% YoY. Source: county tax records.