519 Coal St · Prichard, AL 36610

$65,000

3 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 6 Days on market

Built 1986 6,934 sqft lot Est $56k · 16% over

---

Why this score? — see what drove the C+ 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
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Appreciation +5.2/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• ARV discount +0.4/15.0

Listing remarks

This well-maintained 2-bedroom, 1-bath home is a strong option for both first-time buyers and investors. The home features a comfortable layout with carpeted living areas and bedrooms, along with durable ceramic tile in key spaces. An additional room offers flexibility and can easily function as a third bedroom, office, or bonus space to fit your needs. The kitchen retains its original wood cabinetry and comes equipped with a refrigerator and stove that will remain. A separate dining room adds to the home's functionality, while the dedicated laundry room provides convenience. Step outside to a fully fenced backyard, ideal for privacy, pets, or entertaining. Move-in ready and full of potenti

Key facts

• Separate dining room
• Ceramic tile
• 6,934 sq ft lot

Tags

• CERAMIC TILE
• ORIGINAL WOOD CABINETRY
• SEPARATE DINING ROOM
• DEDICATED LAUNDRY ROOM
• FULLY FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $327 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($894 rent vs $65k).

Location & tenants

• Location reads 54/100 on livability (#472 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools D-, crime F, amenities F.
• 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: 41 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $691 of equity ($449 loan paydown + $242 appreciation (0.4% 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 (0.4% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

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 $65,000

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: 1.38% ✓
• Cap rate: 12.32%
• Cash-on-cash: 21.53%
• DSCR: 1.96
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $56,160
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
519 Coal St	0.00mi	2/1.0 (-1)	1,248 (0%)	1mo	$57,000	$46	94
157 John Helm St	0.47mi	2/1.0 (-1)	1,149 (-8%)	4mo	$55,000	$48	57
439 Irby St	0.38mi	3/2.0	1,269 (+2%)	23mo	$28,000	$22	56
228 Birmingham St	0.63mi	2/1.0 (-1)	1,327 (+6%)	1mo	$25,000	$19	55
210 Irby St	0.29mi	3/1.0	1,416 (+14%)	13mo	$73,500	$52	53
503 Vermont St	0.74mi	3/1.5	1,300 (+4%)	7mo	$18,500	$14	50
515 Gilbert St	0.74mi	3/1.0	1,154 (-8%)	3mo	$10,000	$9	50
402 Glendale Pl	0.37mi	2/1.0 (-1)	1,166 (-7%)	21mo	$29,900	$26	50
512 Montgomery St	0.62mi	3/2.0	1,188 (-5%)	20mo	$38,000	$32	42
61 Eugene Ave	0.50mi	3/2.0	1,356 (+9%)	20mo	$72,000	$53	41
518 Alaska Ave	0.74mi	3/1.5	1,075 (-14%)	9mo	$48,000	$45	33
2201 Osage St	0.72mi	3/2.0	1,433 (+15%)	20mo	$70,000	$49	21

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

Projected returns pro-forma

0.37% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.3%
• Equity multiple: 2.10×
• Total profit: $20,013
• Equity at exit: $20,093

10-year hold

• IRR: 25.9%
• Equity multiple: 3.96×
• Total profit: $53,931
• Equity at exit: $25,148

Cash invested: $18,200 (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 36610

• Home prices YoY: 0.9%
• Active inventory: 41
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $894 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$12 /mo · $144/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$188
• Net cashflow: $327

Break-even live

Break-even rent $481

Max offer price $65,000

Occupancy floor 58%

Sensitivity live

Price	-10% $363	-5% $345	+0% $327	+5% $308	+10% $290
Rent	-10% $256	-5% $291	+0% $327	+5% $362	+10% $397
Rate	-1.0pp $359	-0.5pp $343	base $327	+0.5pp $310	+1.0pp $293

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
38 Flock Ave Mobile, AL	2.0	1.0	849	$795	$0.94	45d	1	0.36mi
519 Bay Bridge Rd Unit B Prichard, AL	2.0	1.0	1000	$925	$0.93	45d	1	0.40mi
408 Rawls Ave Mobile, AL	2.0	1.0	1032	$1,100	$1.07	14d	1	1.33mi

Listing history 2 events

1. 2026-04-21
   status Pending
2. 2026-04-15
   listed $65,000 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: $144 · $12/mo
• Projected year-2 tax: $266 · $22/mo
• Expected delta: +$123/yr (+$10/mo · 85.3%)

ⓘ 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 ≥104°F today · 21 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: $10,731
• − Mortgage interest: −$3,641
• − Property taxes: −$144
• − Insurance: −$325
• − Repairs & maintenance: −$858
• − Management: −$858
• − Depreciation: −$1,891
• Taxable income: $3,014
• Est. tax owed @ 24.0%: −$723
• After-tax cash flow: $3,195/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 — Prichard

• Score: 54/100
• State rank: #472
• US rank: #24080

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Prichard, AL
• City population: 13,402
• Population (ZIP): 9,692

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 Black (97%)
• Race & ethnicity: Black 97% Hispanic / Latino 1% White 1%
• Foreign-born: 0%

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: ▲ 0.37%
• Current HPI: 42.6203
• 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
• 2026-04-15 Listed $65,000 GCMLS AL

Property tax history

-4.8%/yr

Latest (2025): $144 · +0.0% YoY. Source: county tax records.