80 Margaret Ave · Chickasaw, AL 36611

$129,000

3 bd · 1.0 ba · 1,015 sqft · SingleFamily public records · 5 Days on market

Built 1994 8,006 sqft lot Est $104k · 25% over

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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 +16.3/30.0
• Appreciation +10.0/10.0
• DSCR +5.1/10.0
• Schools +5.0/10.0
• 1% rule +3.1/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks

Charming and updated 3-bedroom, 1-bathroom home offering 1,150 sq. ft. of comfortable living space. This well-maintained property features beautiful hardwood flooring throughout and a spacious family room perfect for relaxing or entertaining. The updated bathroom adds a modern touch, while the nicely sized bedrooms provide plenty of comfort. Enjoy a separate dining area, just off the kitchen, ideal for gatherings. As you step outside to a covered back porch overlooking a well-kept yard, perfect for outdoor enjoyment, there is a storage shed, which offers additional space for tools and equipment. The home also includes a convenient laundry area located in the utility closet just under the at

Key facts

• Hardwood flooring
• Well-kept yard
• Updated bathroom

Tags

• HARDWOOD FLOORING
• SPACIOUS FAMILY ROOM
• UPDATED BATHROOM
• SEPARATE DINING AREA
• COVERED BACK PORCH
• WELL-KEPT YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $71 ($855/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $105k (18.7% below list).
• Recommended offer: $105k (18.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#237 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-, health & safety B; Watch: crime D-, amenities F, commute F.
• Zoned schools: Chickasaw City Elementary School (math 7% / reading 30%, grade F, #480 of 627 statewide, top 77%, 550 students, 80% FRL); Chickasaw City High School (math 5% / reading 15%, grade F, #248 of 305 statewide, top 82%, 224 students, 91% FRL).
• Market conditions: 45 active listings in the ZIP; 6 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).

Forward outlook

• In year one you build about $14k of equity ($892 loan paydown + $13k appreciation (10.0% local appreciation)).
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $104,896 (18.7% below list)

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 F-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 D 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. 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?
5. 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.
6. 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.
7. 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: 0.81% ✗
• Cap rate: 6.96%
• Cash-on-cash: 2.37%
• DSCR: 1.11
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $103,530
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
518 Holiday Ave	0.31mi	3/1.0	1,000 (-2%)	7mo	$132,000	$132	77
9 Elizabeth Ave	0.25mi	3/1.0	1,080 (+6%)	6mo	$96,000	$89	73
419 Geronimo St	0.50mi	3/1.0	1,000 (-2%)	4mo	$139,900	$140	70
607 W Lee St	0.44mi	3/1.0	1,000 (-2%)	8mo	$65,000	$65	70
551 3rd Ave	0.42mi	3/1.0	960 (-5%)	7mo	$150,000	$156	66
714 Townsend Cir	0.28mi	3/1.5	1,161 (+14%)	1mo	$137,000	$118	60
214 3rd Ave	0.43mi	3/1.0	912 (-10%)	6mo	$52,000	$57	58
364 3rd Pl	0.57mi	3/1.0	1,106 (+9%)	1mo	$149,900	$136	58
300 Geronimo St	0.68mi	3/1.0	1,076 (+6%)	2mo	$110,000	$102	57
161 3rd Ave	0.52mi	3/1.0	884 (-13%)	5mo	$45,000	$51	50
110 Thompson Ct N	0.68mi	3/1.0	900 (-11%)	8mo	$79,000	$88	43
150 Thompson Blvd	0.68mi	2/1.0 (-1)	864 (-15%)	8mo	$55,000	$64	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.0%
• Equity multiple: 3.07×
• Total profit: $74,730
• Equity at exit: $116,213

10-year hold

• IRR: 22.8%
• Equity multiple: 6.99×
• Total profit: $216,364
• Equity at exit: $250,619

Cash invested: $36,120 (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 36611

• Home prices YoY: 7.0%
• Active inventory: 45
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,049 high
• Mortgage (P&I): −$676
• Tax from tax record: −$27 /mo · $326/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$220
• Net cashflow: $71

Break-even live

Break-even rent $959

Max offer price $129,000

Occupancy floor 88%

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
78 Lee St Chickasaw, AL	3.0	1.0	1412	$1,100	$0.78	44d	1	0.70mi
55 Thompson Blvd Chickasaw, AL	3.0	1.0	939	$1,500	$1.60	21d	1	0.81mi
156 9th Ave Chickasaw, AL	2.0	1.0	720	$950	$1.32	21d	1	0.88mi
101 Grant St Chickasaw, AL	3.0	1.0	1383	$895	$0.65	14d	1	0.91mi
311 Grant St Chickasaw, AL	2.0	1.0	1000	$850	$0.85	44d	1	1.00mi
3 Southern St Chickasaw, AL	3.0	1.0	1108	$795	$0.72	14d	1	1.40mi

Listing history 2 events

1. 2026-04-21
   status Pending
2. 2026-04-16
   listed $129,000 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: $326 · $27/mo
• Projected year-2 tax: $529 · $44/mo
• Expected delta: +$203/yr (+$17/mo · 62.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 36% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,588
• − Mortgage interest: −$7,226
• − Property taxes: −$326
• − Insurance: −$645
• − Repairs & maintenance: −$1,007
• − Management: −$1,007
• − Depreciation: −$3,753
• Taxable loss: −$1,376
• Est. tax savings @ 24.0%: +$330
• After-tax cash flow: $1,186/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)

No district data.

Livability — Chickasaw

• Score: 61/100
• State rank: #237
• US rank: #17438

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment F Housing A- Health & safety B User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chickasaw, AL
• City population: 6,367
• Population (ZIP): 6,367

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: Black 55% White 38% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Lithuanian 2% Serbian 1% Italian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 98% English-only · Spanish 1% French/Haitian/Cajun 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: ▲ 12.90%
• Current HPI: 196.621
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

2 events — show timeline

• 2026-04-21 Pending — GCMLS AL
• 2026-04-16 Listed $129,000 GCMLS AL

Property tax history

+2.0%/yr

Latest (2025): $326 · +15.8% YoY. Source: county tax records.