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868 Nassau Dr
F Composite 32.72
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

868 Nassau Dr · Mobile, AL 36608
4 bd · 2.0 ba · 1,885 sqft · SingleFamily public records · 65 Days on market
Built 1965 0.44 ac lot $140/sqft · 18% above area Est $224k · 18% over

🖨 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

REMODELEDNEW ROOFNEW AC UNITUPDATED KITCHENNEW APPLIANCESWOODED VIEWS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $210,455 (20.3% 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 65 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  3. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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
0.80%
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

5-year hold
IRR
-13.3%
Equity multiple
0.51×
Total profit
$-36,255
Equity at exit
$39,363
10-year hold
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
Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

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

Break-even rent $2,110
Max offer price $263,193
Occupancy floor 95%

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-04
    status 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.

  2. 2026-05-04
    status 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.

  3. 2026-04-29
    price $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.

  4. 2026-04-29
    price $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.

  5. 2026-04-28
    price $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.

  6. 2026-04-28
    price $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.

  7. 2026-04-22
    price $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.

  8. 2026-04-22
    price $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.

  9. 2026-04-09
    price $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.

  10. 2026-04-08
    price $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.

  11. 2026-03-26
    price $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.

  12. 2026-03-26
    price $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.

  13. 2026-03-16
    price $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.

  14. 2026-03-16
    price $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.

  15. 2026-02-28
    listed $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.

  16. 2026-02-28
    listed $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.

  17. 2025-12-08
    soldstatus $152,500
  18. 2025-12-05
    soldstatus $152,500 Closed
  19. 2025-11-28
    status Pending
  20. 2025-10-28
    listed $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
combined federal + state — saved on this device
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

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)
38,890
Household income
$61,146
Rent vs Own
45.8% rent · 54.2% 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

Price history

+42.8% since first listed
20 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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