868 Nassau Dr · Mobile, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 9/10 · Severe
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +13.2/30.0
- DSCR +4.0/10.0
- Rent growth +4.0/5.0
- Livability +3.8/5.0
- 1% rule +3.0/10.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$264,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
Key facts
- Remodeled
- New ac unit
- Wooded views
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $264k.
Deal economics
- At list price, monthly cash flow is $-5 ($-55/yr) — negative.
- To cash-flow at today's rent, offer at most $263k (0.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (20.3% below list).
- Recommended offer: $210k (20.3% 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: schools D-, 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.
- Market conditions: Rents rising fast (+6.2%/yr); 338 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
- This rent runs 41% of the median local income ($61k/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 $8k 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 65 days — a 6% lower offer ($248k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $35k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $152k; list at $264k implies a 73% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 65 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
- Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.80% ✗
- Cap rate
- 6.27%
- Cash-on-cash
- -0.07%
- DSCR
- 1.00
- GRM
- 10.5
CMA / ARV
- ARV (median comp)
- $223,526
- List price
- $264,000
- Delta
- 18.11%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 868 Nassau Dr | 0.00mi | 5/2.0 (+1) | 1,885 (0%) | 1mo | $267,500 | $142 | 94 |
| 814 Nassau Dr | 0.13mi | 3/2.0 (-1) | 1,719 (-9%) | 4mo | $269,900 | $157 | 71 |
| 5750 Zeigler Blvd | 0.41mi | 3/2.0 (-1) | 1,824 (-3%) | 2mo | $210,000 | $115 | 69 |
| 5762 Zeigler Blvd | 0.45mi | 3/2.0 (-1) | 1,846 (-2%) | 3mo | $159,000 | $86 | 68 |
| 810 Nassau Dr | 0.14mi | 3/2.0 (-1) | 2,100 (+11%) | 9mo | $235,000 | $112 | 62 |
| 5855 Zeigler Blvd | 0.55mi | 3/2.0 (-1) | 1,801 (-4%) | 1mo | $220,000 | $122 | 61 |
| 5055 Druid Dr S | 0.70mi | 4/2.0 | 1,858 (-1%) | 8mo | $201,400 | $108 | 58 |
| 860 W Montfort Rd | 0.74mi | 3/2.0 (-1) | 1,800 (-4%) | 4mo | $250,000 | $139 | 50 |
| 1259 Marietta Dr W | 0.61mi | 3/2.0 (-1) | 1,738 (-8%) | 10mo | $115,000 | $66 | 45 |
| 859 Forest Wood Dr | 0.71mi | 3/2.0 (-1) | 2,046 (+8%) | 11mo | $175,000 | $86 | 38 |
| 1112 Druid Dr | 0.65mi | 4/2.0 | 1,606 (-15%) | 12mo | $216,000 | $134 | 35 |
| 1259 Forest Dale Dr | 0.71mi | 4/2.0 | 1,650 (-12%) | 14mo | $176,500 | $107 | 35 |
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 · 6.15% rent growth · sell at horizon
- IRR
- -13.3%
- Equity multiple
- 0.51×
- Total profit
- $-36,255
- Equity at exit
- $39,363
- IRR
- -0.4%
- Equity multiple
- 0.97×
- Total profit
- $-2,086
- Equity at exit
- $22,826
Cash invested: $73,920 (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
ZIP-level market 36608
- Rents YoY
- 6.2%
- Active inventory
- 338
- Price-to-rent
- 10.5×
Monthly cashflow live
- Estimated rent
- $2,105 high interval (Pro) →
- Mortgage (P&I)
- −$1,384
- Tax from tax record
- −$173 /mo · $2,073/yr
- Insurance
- −$110
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$442
- Net cashflow
- $-5
Break-even live
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
- $66,000
- Closing costs
- $7,920
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 12 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5477 Ardell Dr Unit 1043691P Mobile, AL | 3.0 | 2.0 | 1496 | $2,680 | $1.79 | 13d | 1 | 0.18mi |
| 912 Wendover Rd Unit 1043703P Mobile, AL | 4.0 | 2.5 | 1496 | $3,190 | $2.13 | 20d | 1 | 0.45mi |
| 5855 Woodvale Dr Mobile, AL | 3.0 | 1.5 | 1712 | $1,350 | $0.79 | 20d | 1 | 0.60mi |
| 5904 Saint Gallen Ave S Unit 1043743P Mobile, AL | 4.0 | 2.0 | 1496 | $3,719 | $2.49 | 20d | 1 | 0.67mi |
| 1104 Garland St Mobile, AL | 3.0 | 1.0 | 1377 | $1,450 | $1.05 | 20d | 1 | 0.69mi |
| 316 Syracuse St Mobile, AL | 3.0 | 2.0 | 1776 | $1,875 | $1.06 | 13d | 1 | 0.80mi |
| 304 N University Blvd Unit 1043721P Mobile, AL | 4.0 | 2.5 | 1496 | $4,148 | $2.77 | 20d | 1 | 0.85mi |
| 5613 Overlook Rd Mobile, AL | 3.0 | 1.5 | 1520 | $1,450 | $0.95 | 43d | 1 | 0.87mi |
| 5508 Overlook Rd Mobile, AL | 3.0 | 2.0 | 1260 | $1,400 | $1.11 | 13d | 1 | 0.90mi |
| 5520 Vienna Ave Mobile, AL | 3.0 | 2.0 | 1745 | $1,395 | $0.80 | 43d | 1 | 0.95mi |
| 6017 Mission Hills Ct Mobile, AL | 4.0 | 3.0 | 2407 | $1,950 | $0.81 | 43d | 1 | 1.24mi |
| 112 S University Blvd Mobile, AL | 4.0 | 4.5 | 1472 | $1,810 | $1.23 | 13d | 5 | 1.47mi |
Listing history 20 events
-
2026-05-04status Pending 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-05-04status Pending 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-04-29price $264,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-04-29price $264,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-04-28price $274,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-04-28price $274,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-04-22price $276,500 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-04-22price $276,500 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-04-09price $279,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-04-08price $279,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-03-26price $289,900 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-03-26price $289,900 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-03-16price $294,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
-
2026-03-16price $294,000 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-02-28$299,000 Active 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2026-02-28$299,000 Active 774-char remark
Show marketing remark (774 chars)
Welcome to the Village of Spring Hill! This beautifully remodeled 5-bedroom, 2-bath colonial-style home offers the perfect blend of classic charm and modern updates. Featuring a brand-new roof and new AC unit, this home is move-in ready and designed for comfortable living. The completely updated kitchen boasts all new appliances, creating a fresh and functional space for cooking and entertaining. Situated on almost an acre, the property backs up to beautiful wooded views, providing privacy and a peaceful setting. Conveniently located near shopping, parks, and everyday amenities, this home combines location, space, and style all in one. Don’t miss your opportunity to own this stunning Spring Hill property! Buyer to verify all information during due diligence.
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2025-12-08soldstatus $152,500
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2025-12-05soldstatus $152,500 Closed
-
2025-11-28status Pending
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2025-10-28$184,900 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
- $2,073 · $173/mo
- Projected year-2 tax
- $2,073 · $173/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 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,255
- − Mortgage interest
- −$14,788
- − Property taxes
- −$2,073
- − Insurance
- −$1,320
- − Repairs & maintenance
- −$2,020
- − Management
- −$2,020
- − Depreciation
- −$7,680
- Taxable loss
- −$4,647
- Est. tax savings @ 24.0%
- +$1,115
- After-tax cash flow
- $1,060/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
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)
- 38,890
- Household income
- $61,146
- Rent vs Own
- Severe rent burden
- 1823.0
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
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 56% Black 35% Two or more races 4% Hispanic / Latino 4% Asian 2%
- Common ancestry
- Lithuanian 3% Italian 2% Slovak 2%
- Foreign-born
- 4% · Canada
- Languages at home
- 95% English-only · Spanish 2% Arabic 1% Other Indo-European 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
- ▼ -224.52%
- Current HPI
- 198.9469
- Rent YoY
- ▲ 6.15%
- 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 |
|
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| Healthcare | 1 | $5B |
|
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Price history
+42.8% since first listed20 events — show timeline
- 2026-05-04 Pending — GCMLS AL
- 2026-05-04 Pending — BCAR
- 2026-04-29 Price Changed $264,000 GCMLS AL
- 2026-04-29 Price Changed $264,000 BCAR
- 2026-04-28 Price Changed $274,000 GCMLS AL
- 2026-04-28 Price Changed $274,000 BCAR
- 2026-04-22 Price Changed $276,500 GCMLS AL
- 2026-04-22 Price Changed $276,500 BCAR
- 2026-04-09 Price Changed $279,000 GCMLS AL
- 2026-04-08 Price Changed $279,000 BCAR
- 2026-03-26 Price Changed $289,900 GCMLS AL
- 2026-03-26 Price Changed $289,900 BCAR
- 2026-03-16 Price Changed $294,000 GCMLS AL
- 2026-03-16 Price Changed $294,000 BCAR
- 2026-02-28 Listed $299,000 GCMLS AL
- 2026-02-28 Listed $299,000 BCAR
- 2025-12-08 Sold (Public Records) $152,500 Public Records
- 2025-12-05 Sold (MLS) $152,500 GCMLS AL
- 2025-11-28 Pending — GCMLS AL
- 2025-10-28 Listed $184,900 GCMLS AL
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…