1130 Jonathan Ct · Mobile, AL 36695

$289,000

4 bd · 3.0 ba · 2,178 sqft · SingleFamily public records · 217 Days on market

Built 1989 0.28 ac lot $133/sqft · 10% above area Est $304k · at est. $15/mo HOA · 1% 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).

• Cash flow +13.2/30.0
• ARV discount +9.7/15.0
• DSCR +4.0/10.0
• Livability +3.8/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

Key facts

• Outdoor storage
• In-ground pool
• 0.28 acre lot

Tags

• IN-GROUND POOL
• BEAUTIFUL GARDEN SPACE
• OUTDOOR STORAGE
• VARIETY OF FRUIT TREES
• RAINWATER BARREL SYSTEM
• MULTIPLE LIVING AREAS

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $289k.

Deal economics

• At list price, monthly cash flow is $-5 ($-65/yr) — negative.
• To cash-flow at today's rent, offer at most $288k (0.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $219k (24.1% below list).
• Recommended offer: $219k (24.1% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.9% in Mobile — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Orourke Elementary School (math 27% / reading 59%, grade F, #204 of 627 statewide, top 33%, 862 students, 54% FRL); Denton Magnet School of Technology (math 26% / reading 69%, grade C-, #32 of 257 statewide, top 12%, 314 students, 94% FRL); Wp Davidson High School (math 36% / reading 41%, grade F, #37 of 305 statewide, top 12%, 1,535 students, 61% FRL) — zoned schools at 69% FRL track the district average.
• Zoned-school proficiency averages 43% at this address vs 27% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Mobile County average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.4%/yr); 557 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 35% of the median local income ($76k/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.
• 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 217 days — a 12% lower offer ($254k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $41k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $247k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $219,414 (24.1% 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 217 days. Have you received any prior offers? Is the seller open to a 24% 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. 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: 0.76% ✗
• Cap rate: 6.27%
• Cash-on-cash: -0.08%
• DSCR: 1.00
• GRM: 11.0

CMA / ARV

• ARV (median comp): $304,105
• List price: $289,000
• Delta: -4.97%
• 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
7310 Cheryl Ct	0.06mi	3/2.5 (-1)	2,035 (-7%)	2mo	$272,000	$134	78
7183 Pine Barren Ct	0.40mi	3/2.0 (-1)	2,206 (+1%)	3mo	$230,000	$104	68
7311 Carson Rd S	0.37mi	3/2.0 (-1)	2,036 (-6%)	3mo	$215,000	$106	60
7229 Hawkins Mnr	0.64mi	4/2.0	2,047 (-6%)	3mo	$342,650	$167	54
7344 Hawkins Mnr N	0.69mi	4/2.0	2,047 (-6%)	2mo	$337,900	$165	52
7336 Hawkins Mnr N	0.69mi	4/2.0	2,047 (-6%)	4mo	$338,900	$166	51
7232 Hawkins Mnr N	0.70mi	4/2.0	2,018 (-7%)	1mo	$348,650	$173	50
1630 Pine Station Rd	0.73mi	4/2.0	2,036 (-6%)	2mo	$297,000	$146	50
7340 Hawkins Mnr N	0.62mi	3/2.0 (-1)	1,993 (-8%)	2mo	$330,650	$166	46
7224 Hawkins Mnr	0.64mi	3/2.0 (-1)	1,993 (-8%)	3mo	$330,650	$166	44
7348 Hawkins Mnr N	0.69mi	3/2.0 (-1)	1,993 (-8%)	1mo	$330,900	$166	44
7228 Hawkins Mnr	0.63mi	3/2.0 (-1)	1,919 (-12%)	2mo	$330,900	$172	40

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -19.5%
• Equity multiple: 0.34×
• Total profit: $-53,729
• Equity at exit: $43,091

10-year hold

• IRR: -19.0%
• Equity multiple: 0.10×
• Total profit: $-72,589
• Equity at exit: $24,987

Cash invested: $80,920 (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 36695

• Home prices YoY: -30.9%
• Rents YoY: -0.4%
• Active inventory: 557
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,194 high
• Mortgage (P&I): −$1,516
• Tax from tax record: −$88 /mo · $1,054/yr
• Insurance: −$120
• HOA: −$15
• Vacancy / Maint / Mgmt: −$461
• Net cashflow: $-5

Break-even live

Break-even rent $2,201

Max offer price $288,048

Occupancy floor 95%

Sensitivity live

Price	-10% $158	-5% $76	+0% $-5	+5% $-87	+10% $-169
Rent	-10% $-179	-5% $-92	+0% $-5	+5% $81	+10% $168
Rate	-1.0pp $140	-0.5pp $68	base $-5	+0.5pp $-80	+1.0pp $-156

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: $72,250
• Closing costs: $8,670
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7325 Smithfield Rd Mobile, AL	4.0	2.5	2258	$2,150	$0.95	23d	1	0.21mi
945 Schillinger Rd S Mobile, AL	2.0–3.0	2.0–2.5	1809	$2,300	$1.27	45d	1	0.73mi
6700 Wall St Mobile, AL	2.0–3.0	1.0–2.0	1231	$1,571	$1.28	15d	6	0.84mi
6605 Chimney Top Dr S Mobile, AL	4.0	2.5	2400	$2,500	$1.04	23d	1	1.03mi
1997 Bradshire Dr Mobile, AL	4.0	3.0	2834	$2,200	$0.78	45d	1	1.19mi
6427 Airport Blvd Mobile, AL	2.0–3.0	2.0–2.5	1214	$1,537	$1.27	45d	10	1.33mi
8251 Magnolia Village Dr N Mobile, AL	3.0	2.0	1961	$2,100	$1.07	45d	1	1.49mi

HOA detail

• Monthly dues: $15 · $180/yr
• Likely covers: pool

Listing history 20 events

1. 2026-06-13
   statusdays on market $289,000 Pending 217 DOM
2. 2026-06-10
   days on market $289,000 Active 215 DOM
3. 2026-06-09
   days on market $289,000 Active 214 DOM
4. 2026-06-08
   days on market $289,000 Active 213 DOM
5. 2026-06-07
   days on market $289,000 Active 212 DOM
6. 2026-06-05
   remarks 646-char remark
7. 2026-06-05
   pricestatusdays on market $289,000 Active 209 DOM
8. 2026-04-01
   status Active 499-char remark

   Show marketing remark (499 chars)

   Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

9. 2026-03-02
   status Pending 499-char remark

   Show marketing remark (499 chars)

   Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

10. 2026-02-04
    price $299,000 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

11. 2025-12-30
    price $319,000 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

12. 2025-12-16
    status Active 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

13. 2025-11-24
    status Pending 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

14. 2025-09-30
    price $325,000 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

15. 2025-09-29
    status Active 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

16. 2025-09-24
    status Pending 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

17. 2025-09-19
    price $319,000 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

18. 2025-09-05
    listed $330,000 Active 499-char remark

    Show marketing remark (499 chars)

    Back on Market at No Fault of the Seller! Spacious 4-bedroom, 3-bath home in the heart of Mobile offering approximately 2,600 sq. ft. Recent updates include new garage doors, updated bathroom doors, and a brand-new dishwasher. Enjoy the backyard retreat featuring an in-ground pool, garden space, outdoor storage, and a variety of fruit trees and plants. Functional layout with multiple living areas and plenty of natural light. Buyer responsible for verifying all measurements and relevant details.

19. 2020-08-04
    soldstatus $247,000
20. 2020-08-03
    soldstatus $247,000 551-char remark

    Show marketing remark (551 chars)

    **SELLER WILL ENTERTAIN OFFERS BETWEEN $245,000-$265,000**Welcome to this must see Beautiful 4 Bedroom 3 full Bath with Swimming pool Statuesque Creole House with sweeping welcoming stairs and Great front porch gently rolling one of a kind lot in Smithfield subdivision, House Has been lots of update , New roof , new HVAC , new paint , new carpet, Hughe deck for out door entertainment , which have been beautifully landscaped, very well maintained one owner house , All Measurements and information Approximate , Buyer or buyers Agent to verify!,

ⓘ 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: $1,054 · $88/mo
• Projected year-2 tax: $1,185 · $99/mo
• Expected delta: +$131/yr (+$11/mo · 12.5%)

ⓘ 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 2/10 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,330
• − Mortgage interest: −$16,188
• − Property taxes: −$1,054
• − Insurance: −$1,445
• − Repairs & maintenance: −$2,106
• − Management: −$2,106
• − HOA: −$180
• − Depreciation: −$8,407
• Taxable loss: −$5,157
• Est. tax savings @ 24.0%: +$1,238
• After-tax cash flow: $1,173/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 — 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

• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 52,690
• Household income: $76,040
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 1619.0

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 (67%)
• Race & ethnicity: White 67% Black 23% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam, China
• Languages at home: 94% English-only · Spanish 2% Vietnamese 1% Arabic 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: ▼ -86.28%
• Current HPI: 193.1651
• Rent YoY: ▼ -0.41%
• 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

+21.1% since first listed

13 events — show timeline

• 2026-04-01 Relisted — GCMLS AL
• 2026-03-02 Pending — GCMLS AL
• 2026-02-04 Price Changed $299,000 GCMLS AL
• 2025-12-30 Price Changed $319,000 GCMLS AL
• 2025-12-16 Relisted — GCMLS AL
• 2025-11-24 Pending — GCMLS AL
• 2025-09-30 Price Changed $325,000 GCMLS AL
• 2025-09-29 Relisted — GCMLS AL
• 2025-09-24 Pending — GCMLS AL
• 2025-09-19 Price Changed $319,000 GCMLS AL
• 2025-09-05 Listed $330,000 GCMLS AL
• 2020-08-04 Sold (Public Records) $247,000 Public Records
• 2020-08-03 Sold (MLS) $247,000 GCMLS AL

Property tax history

+4.3%/yr

Latest (2024): $1,054 · +2.8% YoY. Source: county tax records.