1921 Halls Mill Rd · Mobile, AL 36606

$79,000

4 bd · 2.0 ba · 2,788 sqft · SingleFamily public records · 8 Days on market

Built 1990 8,738 sqft lot Est $84k · 6% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +10.0/15.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

"Highest and best offer" has been requested by the seller for the property located at 1921 HALLS MILL ROAD , MOBILE AL 36606-1127. The seller is currently in a multiple offer scenario related to the Buyer/Property Address listed above and you are receiving this message as a result of a request for the Buyer's highest and best offer. Should the Buyer choose to participate in submitting their highest and best offer, the deadline to do so is 10/20/2022 11:59:00 PM Mountain Time. Please put a comment in the MLS stating that the property is under H&B with a current due date of 10/20/2022 11:59:00 PM Mountain Time. Any offers received after this time may not be considered. Welcome to 1921 Halls Mill Rd. This four bedroom, 2 and 1/2 bath brick home has an abundance of space offering approximately 2,788 square feet. Upon entering the front door into the living room area the hardwood floors glisten with beauty and flow through into the formal dining room. The kitchen boasts of custom cabinetry with stainless appliances, a breakfast bar, and a dinette area. At the rear of the main level an oversize den with wood burning fireplace offer the perfect retreat area for relaxation. The main level also includes two large bedrooms and 1 & 1/2 bathrooms. The second level of this home has its own living room area, two huge bedrooms and a full bathroom. In addition to the home, a double garage with an upstairs storage area is included. The yard is completely fenced with chain link and iron fencing. Some repairs are necessary. This home is being sold in its current "as is" condition and the seller will not perform any repairs. Make an appointment with your favorite realtor to view this great home.

Key facts

• 8,738 sq ft lot
• 2 garage spots
• Built 1990

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $79k.

Deal economics

• At list price, monthly cash flow is $860 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $79k).
• Cap rate 19.4% vs local median 4.9% in Mobile — 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 (#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: George Hall Elementary School (math 2% / reading 22%, grade F, #536 of 627 statewide, top 88%, 280 students, 89% FRL); Lillie B Williamson High School (math 2% / reading 12%, grade F, #273 of 305 statewide, top 89%, 956 students, 94% FRL) — zoned schools average 92% FRL vs 67% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 10% at this address vs 27% district-wide (-17 pts) — the specific schools serving this property underperform the Mobile County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+5.1%/yr); 174 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 41% of the median local income ($51k/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 $546 of loan paydown is wiped out by about $2k 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 + 5.1% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 4y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,000

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 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?
3. 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?
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: 2.25% ✓
• Cap rate: 19.36%
• Cash-on-cash: 46.68%
• DSCR: 3.08
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $83,640
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
619 Cherokee St	0.19mi	3/2.0 (-1)	2,449 (-12%)	9mo	$49,000	$20	58
655 Cherokee St	0.15mi	3/3.0 (-1)	2,555 (-8%)	16mo	$76,000	$30	56
1902 Calmes St	0.39mi	5/3.0 (+1)	2,411 (-14%)	1mo	$260,000	$108	49

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 · 5.06% rent growth · sell at horizon

5-year hold

• IRR: 46.3%
• Equity multiple: 3.07×
• Total profit: $45,773
• Equity at exit: $11,779

10-year hold

• IRR: 53.0%
• Equity multiple: 6.72×
• Total profit: $126,576
• Equity at exit: $6,830

Cash invested: $22,120 (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 36606

• Rents YoY: 5.1%
• Active inventory: 174
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,774 medium
• Mortgage (P&I): −$414
• Tax from tax record: −$94 /mo · $1,126/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $860

Break-even live

Break-even rent $685

Max offer price $79,000

Occupancy floor 46%

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1754 Hunter Ave Unit 1043550P Mobile, AL	4.0	2.0	2723	$3,903	$1.43	21d	1	0.95mi

Listing history 8 events

1. 2026-03-20
   status Pending
2. 2026-03-17
   historical Active Under Contract
3. 2026-03-12
   listed $79,000 Active
4. 2026-03-11
   historical $79,000
5. 2022-11-16
   soldstatus $78,000 Closed 1767-char remark

   Show marketing remark (1767 chars)

   "Highest and best offer" has been requested by the seller for the property located at 1921 HALLS MILL ROAD , MOBILE AL 36606-1127. The seller is currently in a multiple offer scenario related to the Buyer/Property Address listed above and you are receiving this message as a result of a request for the Buyer's highest and best offer. Should the Buyer choose to participate in submitting their highest and best offer, the deadline to do so is 10/20/2022 11:59:00 PM Mountain Time. Please put a comment in the MLS stating that the property is under H&B with a current due date of 10/20/2022 11:59:00 PM Mountain Time. Any offers received after this time may not be considered. Welcome to 1921 Halls Mill Rd. This four bedroom, 2 and 1/2 bath brick home has an abundance of space offering approximately 2,788 square feet. Upon entering the front door into the living room area the hardwood floors glisten with beauty and flow through into the formal dining room. The kitchen boasts of custom cabinetry with stainless appliances, a breakfast bar, and a dinette area. At the rear of the main level an oversize den with wood burning fireplace offer the perfect retreat area for relaxation. The main level also includes two large bedrooms and 1 & 1/2 bathrooms. The second level of this home has its own living room area, two huge bedrooms and a full bathroom. In addition to the home, a double garage with an upstairs storage area is included. The yard is completely fenced with chain link and iron fencing. Some repairs are necessary. This home is being sold in its current "as is" condition and the seller will not perform any repairs. Make an appointment with your favorite realtor to view this great home.

6. 2022-11-06
   status Pending 1767-char remark

   Show marketing remark (1767 chars)

   "Highest and best offer" has been requested by the seller for the property located at 1921 HALLS MILL ROAD , MOBILE AL 36606-1127. The seller is currently in a multiple offer scenario related to the Buyer/Property Address listed above and you are receiving this message as a result of a request for the Buyer's highest and best offer. Should the Buyer choose to participate in submitting their highest and best offer, the deadline to do so is 10/20/2022 11:59:00 PM Mountain Time. Please put a comment in the MLS stating that the property is under H&B with a current due date of 10/20/2022 11:59:00 PM Mountain Time. Any offers received after this time may not be considered. Welcome to 1921 Halls Mill Rd. This four bedroom, 2 and 1/2 bath brick home has an abundance of space offering approximately 2,788 square feet. Upon entering the front door into the living room area the hardwood floors glisten with beauty and flow through into the formal dining room. The kitchen boasts of custom cabinetry with stainless appliances, a breakfast bar, and a dinette area. At the rear of the main level an oversize den with wood burning fireplace offer the perfect retreat area for relaxation. The main level also includes two large bedrooms and 1 & 1/2 bathrooms. The second level of this home has its own living room area, two huge bedrooms and a full bathroom. In addition to the home, a double garage with an upstairs storage area is included. The yard is completely fenced with chain link and iron fencing. Some repairs are necessary. This home is being sold in its current "as is" condition and the seller will not perform any repairs. Make an appointment with your favorite realtor to view this great home.

7. 2022-10-28
   historical 1767-char remark

   Show marketing remark (1767 chars)

   "Highest and best offer" has been requested by the seller for the property located at 1921 HALLS MILL ROAD , MOBILE AL 36606-1127. The seller is currently in a multiple offer scenario related to the Buyer/Property Address listed above and you are receiving this message as a result of a request for the Buyer's highest and best offer. Should the Buyer choose to participate in submitting their highest and best offer, the deadline to do so is 10/20/2022 11:59:00 PM Mountain Time. Please put a comment in the MLS stating that the property is under H&B with a current due date of 10/20/2022 11:59:00 PM Mountain Time. Any offers received after this time may not be considered. Welcome to 1921 Halls Mill Rd. This four bedroom, 2 and 1/2 bath brick home has an abundance of space offering approximately 2,788 square feet. Upon entering the front door into the living room area the hardwood floors glisten with beauty and flow through into the formal dining room. The kitchen boasts of custom cabinetry with stainless appliances, a breakfast bar, and a dinette area. At the rear of the main level an oversize den with wood burning fireplace offer the perfect retreat area for relaxation. The main level also includes two large bedrooms and 1 & 1/2 bathrooms. The second level of this home has its own living room area, two huge bedrooms and a full bathroom. In addition to the home, a double garage with an upstairs storage area is included. The yard is completely fenced with chain link and iron fencing. Some repairs are necessary. This home is being sold in its current "as is" condition and the seller will not perform any repairs. Make an appointment with your favorite realtor to view this great home.

8. 2022-09-23
   listed $78,000 Active 1767-char remark

   Show marketing remark (1767 chars)

   "Highest and best offer" has been requested by the seller for the property located at 1921 HALLS MILL ROAD , MOBILE AL 36606-1127. The seller is currently in a multiple offer scenario related to the Buyer/Property Address listed above and you are receiving this message as a result of a request for the Buyer's highest and best offer. Should the Buyer choose to participate in submitting their highest and best offer, the deadline to do so is 10/20/2022 11:59:00 PM Mountain Time. Please put a comment in the MLS stating that the property is under H&B with a current due date of 10/20/2022 11:59:00 PM Mountain Time. Any offers received after this time may not be considered. Welcome to 1921 Halls Mill Rd. This four bedroom, 2 and 1/2 bath brick home has an abundance of space offering approximately 2,788 square feet. Upon entering the front door into the living room area the hardwood floors glisten with beauty and flow through into the formal dining room. The kitchen boasts of custom cabinetry with stainless appliances, a breakfast bar, and a dinette area. At the rear of the main level an oversize den with wood burning fireplace offer the perfect retreat area for relaxation. The main level also includes two large bedrooms and 1 & 1/2 bathrooms. The second level of this home has its own living room area, two huge bedrooms and a full bathroom. In addition to the home, a double garage with an upstairs storage area is included. The yard is completely fenced with chain link and iron fencing. Some repairs are necessary. This home is being sold in its current "as is" condition and the seller will not perform any repairs. Make an appointment with your favorite realtor to view this great home.

ⓘ 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: $1,126 · $94/mo
• Projected year-2 tax: $1,126 · $94/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 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 20 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: $21,287
• − Mortgage interest: −$4,425
• − Property taxes: −$1,126
• − Insurance: −$395
• − Repairs & maintenance: −$1,703
• − Management: −$1,703
• − Depreciation: −$2,298
• Taxable income: $9,637
• Est. tax owed @ 24.0%: −$2,313
• After-tax cash flow: $8,012/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

• Census place: Mobile, AL
• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 18,728
• Household income: $51,303
• Rent vs Own: 51.3% rent · 48.7% own
• Severe rent burden: 999.0

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: Majority Black (56%)
• Race & ethnicity: Black 56% White 37% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Italian 2% Scottish 2% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -232.19%
• Current HPI: 145.9025
• Rent YoY: ▲ 5.06%
• 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

+1.3% since first listed

8 events — show timeline

• 2026-03-20 Pending — GCMLS AL
• 2026-03-17 Contingent — GCMLS AL
• 2026-03-12 Listed $79,000 GCMLS AL
• 2026-03-11 Coming Soon $79,000 GCMLS AL
• 2022-11-16 Sold (MLS) $78,000 GCMLS AL
• 2022-11-06 Pending — GCMLS AL
• 2022-10-28 Delisted — GCMLS AL
• 2022-09-23 Listed $78,000 GCMLS AL

Property tax history

+5.3%/yr

Latest (2025): $1,126 · +0.0% YoY. Source: county tax records.