54 University Blvd N · Mobile, AL 36608

$199,900

3 bd · 2.0 ba · 1,344 sqft · SingleFamily public records · 57 Days on market

Built 1994 0.27 ac lot $149/sqft · 15% above area Est $174k · 15% 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 +15.5/30.0
• DSCR +4.8/10.0
• 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 +0.9/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

Key facts

• Spacious yard
• Updated flooring
• Fresh interior paint

Tags

• NEW ROOF
• FRESH INTERIOR PAINT
• UPDATED FLOORING
• STAINLESS STEEL APPLIANCES
• SPACIOUS YARD
• CORNER LOT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $82 ($980/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 $160k (20.0% below list).
• Recommended offer: $160k (20.0% below list) — sets the bar for 1% rule.
• Cap rate 6.8% 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: Mary B Austin Elementary School (math 29% / reading 59%, grade F, #194 of 627 statewide, top 32%, 511 students, 51% FRL); Denton Magnet School of Technology (math 26% / reading 69%, grade C-, #32 of 257 statewide, top 12%, 314 students, 94% FRL); Mattie T Blount High School (math 2% / reading 3%, grade F, #291 of 305 statewide, top 100%, 1,176 students, 86% FRL).
• Market conditions: Rents rising fast (+6.2%/yr); 341 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 31% 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 $1k of loan paydown is wiped out by about $6k 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 57 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $130k; list at $200k implies a 54% 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 $160,010 (20.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 6.78%
• Cash-on-cash: 1.75%
• DSCR: 1.08
• GRM: 10.4

CMA / ARV

• ARV (median comp): $174,295
• List price: $199,900
• Delta: 14.69%
• 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
54 University Blvd N	0.00mi	3/2.0	1,344 (0%)	1mo	$190,000	$141	99
116 N University Blvd	0.09mi	4/2.0 (+1)	1,350 (+0%)	1mo	$225,000	$167	89
5516 Brightwood Ln	0.24mi	3/2.0	1,390 (+3%)	1mo	$170,000	$122	82
104 University Blvd N	0.05mi	3/2.0	1,525 (+14%)	2mo	$150,000	$98	74
209 Norden Dr E	0.46mi	3/2.0	1,284 (-4%)	0mo	$247,900	$193	71
5405 Hilltop Dr N	0.41mi	3/2.0	1,415 (+5%)	2mo	$229,600	$162	71
312 Vanderbilt Dr	0.36mi	3/2.0	1,436 (+7%)	3mo	$230,000	$160	69
120 Barbara Mitchell Dr E	0.46mi	3/2.0	1,246 (-7%)	2mo	$306,000	$246	65
301 Azalea Cir	0.63mi	2/2.0 (-1)	1,310 (-2%)	2mo	$205,000	$156	60
105 Village Cir W	0.69mi	3/2.0	1,403 (+4%)	1mo	$185,500	$132	60
4700 Bit & Spur Rd	0.72mi	3/2.0	1,494 (+11%)	1mo	$220,000	$147	47
308 Border Dr W	0.61mi	2/1.0 (-1)	1,142 (-15%)	0mo	$185,000	$162	37

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: -10.5%
• Equity multiple: 0.61×
• Total profit: $-22,058
• Equity at exit: $29,806

10-year hold

• IRR: 2.2%
• Equity multiple: 1.18×
• Total profit: $9,993
• Equity at exit: $17,284

Cash invested: $55,972 (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 36608

• Rents YoY: 6.2%
• Active inventory: 341
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,600 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$51 /mo · $610/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $82

Break-even live

Break-even rent $1,497

Max offer price $199,900

Occupancy floor 90%

Sensitivity live

Price	-10% $195	-5% $138	+0% $82	+5% $25	+10% $-31
Rent	-10% $-45	-5% $18	+0% $82	+5% $145	+10% $208
Rate	-1.0pp $182	-0.5pp $133	base $82	+0.5pp $30	+1.0pp $-23

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 N University Blvd Unit 1043721P Mobile, AL	4.0	2.5	1496	$4,148	$2.77	23d	1	0.28mi
316 Syracuse St Mobile, AL	3.0	2.0	1776	$1,875	$1.06	15d	1	0.32mi
112 S University Blvd Mobile, AL	4.0	4.5	1472	$1,810	$1.23	15d	5	0.36mi
133 East Dr Mobile, AL	1.0–2.0	1.0	821	$1,024	$1.25	15d	4	0.41mi
5263 Border Dr S Mobile, AL	3.0	1.0	946	$1,400	$1.48	15d	1	0.48mi
4657 Barbara Mitchell Dr Mobile, AL	3.0	1.0	940	$1,400	$1.49	45d	1	0.50mi
5207 Azalea Cir S Mobile, AL	3.0	2.0	1100	$1,490	$1.35	23d	1	0.62mi
6016 Magnolia Pl E Mobile, AL	3.0	2.0	1600	$1,800	$1.12	45d	1	0.63mi
5213 Pineview Ln S Mobile, AL	3.0	1.0	1176	$1,575	$1.34	45d	1	0.64mi
4670 Rosewood Dr Mobile, AL	3.0	2.0	1192	$1,200	$1.01	15d	1	0.89mi
6200 Airport Blvd Apt 174 Mobile, AL	2.0	2.0	1000	$1,050	$1.05	45d	1	1.11mi
6200 Airport Blvd Unit 56 Mobile, AL	2.0	1.0	1000	$900	$0.90	45d	1	1.22mi
5855 Woodvale Dr Mobile, AL	3.0	1.5	1712	$1,350	$0.79	23d	1	1.23mi
6200 Airport Blvd Unit 48 Mobile, AL	2.0	1.0	1000	$1,000	$1.00	23d	1	1.24mi
912 Wendover Rd Unit 1043703P Mobile, AL	4.0	2.5	1496	$3,190	$2.13	23d	1	1.26mi
6474B Cedar Bend Ct Mobile, AL	2.0	2.0	1444	$1,600	$1.11	45d	1	1.26mi
5477 Ardell Dr Unit 1043691P Mobile, AL	3.0	2.0	1496	$2,680	$1.79	15d	1	1.29mi
6601 Old Shell Rd Unit 3 Mobile, AL	2.0	1.0	950	$975	$1.03	23d	1	1.40mi
5904 Saint Gallen Ave S Unit 1043743P Mobile, AL	4.0	2.0	1496	$3,719	$2.49	23d	1	1.43mi
914 David Langan Dr E Mobile, AL	3.0	1.0	1080	$1,450	$1.34	45d	1	1.48mi
6701 Dickens Ferry Rd #30 Mobile, AL	3.0	2.5	1342	$1,395	$1.04	23d	1	1.48mi

Listing history 15 events

1. 2026-05-08
   status Pending 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

2. 2026-04-30
   status Active 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

3. 2026-04-16
   status Pending 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

4. 2026-04-02
   price $199,900 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

5. 2026-03-19
   price $205,000 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

6. 2026-03-14
   price $209,000 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

7. 2026-03-07
   price $211,900 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

8. 2026-02-26
   listed $214,900 Active 1284-char remark

   Show marketing remark (1284 chars)

   Move-In Ready in a Prime Location! Welcome to this beautifully updated home featuring a brand new roof, fresh interior paint, new lighting and ceiling fans in every room, updated flooring throughout, and all stainless steel appliances. Every detail has been thoughtfully refreshed to provide modern comfort and style. Step inside to enjoy a clean, inviting layout perfect for everyday living and entertaining. The spacious yard on a corner lot and charming curb appeal make this home ideal for families looking to settle into a great neighborhood. Unbeatable Location! Not only is this home within walking distance to the University of South Alabama, it also offers a beautiful view of the campus right from your front door enjoy peaceful mornings and scenic sunsets overlooking the university grounds. A rare opportunity to combine convenience with a picturesque setting. Plus, you’re just minutes from shopping, dining, schools, and local amenities in the heart of Mobile. Whether you're a family searching for the perfect place to call home or an investor looking to add another short-term rental to your portfolio, this property checks all the boxes. Turnkey Ready, Updated, Prime location and Incredible views. What more could you ask for!!! Schedule your showing today!

9. 2025-09-22
   soldstatus $130,000
10. 2025-09-19
    soldstatus $130,000 Closed 904-char remark

    Show marketing remark (904 chars)

    This charming 3 bed 2 bath brick home sits on a corner lot in a highly convenient location in Mobile, AL. Positioned directly across from the University of South Alabama this property offers convenient access to the campus, shopping, dining and many of Mobile's local amenities. Follow the paved walkway to the front porch and enter into a spacious living room. The kitchen and large dining room / den area are to the back of home with access out to a back patio area. The primary bedroom is spacious with an ensuite bath. There is an attached two car carport for covered parking, and you will find the laundry room right off the carport area. Water heater 2023, Roof 2017! This home is waiting for its new owners to add their own style and upgrades. Don't miss the opportunity to own a solid home in a prime location. Call to set up a showing today! Buyer to verify all information during due diligence.

11. 2025-09-19
    soldstatus $130,000 Closed

    Show marketing remark (904 chars)

    This charming 3 bed 2 bath brick home sits on a corner lot in a highly convenient location in Mobile, AL. Positioned directly across from the University of South Alabama this property offers convenient access to the campus, shopping, dining and many of Mobile's local amenities. Follow the paved walkway to the front porch and enter into a spacious living room. The kitchen and large dining room / den area are to the back of home with access out to a back patio area. The primary bedroom is spacious with an ensuite bath. There is an attached two car carport for covered parking, and you will find the laundry room right off the carport area. Water heater 2023, Roof 2017! This home is waiting for its new owners to add their own style and upgrades. Don't miss the opportunity to own a solid home in a prime location. Call to set up a showing today! Buyer to verify all information during due diligence.

12. 2025-08-21
    status Pending 904-char remark

    Show marketing remark (904 chars)

    This charming 3 bed 2 bath brick home sits on a corner lot in a highly convenient location in Mobile, AL. Positioned directly across from the University of South Alabama this property offers convenient access to the campus, shopping, dining and many of Mobile's local amenities. Follow the paved walkway to the front porch and enter into a spacious living room. The kitchen and large dining room / den area are to the back of home with access out to a back patio area. The primary bedroom is spacious with an ensuite bath. There is an attached two car carport for covered parking, and you will find the laundry room right off the carport area. Water heater 2023, Roof 2017! This home is waiting for its new owners to add their own style and upgrades. Don't miss the opportunity to own a solid home in a prime location. Call to set up a showing today! Buyer to verify all information during due diligence.

13. 2025-08-21
    status Pending

    Show marketing remark (904 chars)

    This charming 3 bed 2 bath brick home sits on a corner lot in a highly convenient location in Mobile, AL. Positioned directly across from the University of South Alabama this property offers convenient access to the campus, shopping, dining and many of Mobile's local amenities. Follow the paved walkway to the front porch and enter into a spacious living room. The kitchen and large dining room / den area are to the back of home with access out to a back patio area. The primary bedroom is spacious with an ensuite bath. There is an attached two car carport for covered parking, and you will find the laundry room right off the carport area. Water heater 2023, Roof 2017! This home is waiting for its new owners to add their own style and upgrades. Don't miss the opportunity to own a solid home in a prime location. Call to set up a showing today! Buyer to verify all information during due diligence.

14. 2025-08-19
    listed $145,000 Active

    Show marketing remark (904 chars)

    This charming 3 bed 2 bath brick home sits on a corner lot in a highly convenient location in Mobile, AL. Positioned directly across from the University of South Alabama this property offers convenient access to the campus, shopping, dining and many of Mobile's local amenities. Follow the paved walkway to the front porch and enter into a spacious living room. The kitchen and large dining room / den area are to the back of home with access out to a back patio area. The primary bedroom is spacious with an ensuite bath. There is an attached two car carport for covered parking, and you will find the laundry room right off the carport area. Water heater 2023, Roof 2017! This home is waiting for its new owners to add their own style and upgrades. Don't miss the opportunity to own a solid home in a prime location. Call to set up a showing today! Buyer to verify all information during due diligence.

15. 2025-08-19
    listed $145,000 Active 904-char remark

    Show marketing remark (904 chars)

    This charming 3 bed 2 bath brick home sits on a corner lot in a highly convenient location in Mobile, AL. Positioned directly across from the University of South Alabama this property offers convenient access to the campus, shopping, dining and many of Mobile's local amenities. Follow the paved walkway to the front porch and enter into a spacious living room. The kitchen and large dining room / den area are to the back of home with access out to a back patio area. The primary bedroom is spacious with an ensuite bath. There is an attached two car carport for covered parking, and you will find the laundry room right off the carport area. Water heater 2023, Roof 2017! This home is waiting for its new owners to add their own style and upgrades. Don't miss the opportunity to own a solid home in a prime location. Call to set up a showing today! Buyer to verify all information during due diligence.

ⓘ 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: $610 · $51/mo
• Projected year-2 tax: $820 · $68/mo
• Expected delta: +$210/yr (+$17/mo · 34.4%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°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

Taxation est. · year 1

• Rental income: $19,201
• − Mortgage interest: −$11,198
• − Property taxes: −$610
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,536
• − Management: −$1,536
• − Depreciation: −$5,815
• Taxable loss: −$2,493
• Est. tax savings @ 24.0%: +$598
• After-tax cash flow: $1,578/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
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+37.9% since first listed

15 events — show timeline

• 2026-05-08 Pending — GCMLS AL
• 2026-04-30 Relisted — GCMLS AL
• 2026-04-16 Pending — GCMLS AL
• 2026-04-02 Price Changed $199,900 GCMLS AL
• 2026-03-19 Price Changed $205,000 GCMLS AL
• 2026-03-14 Price Changed $209,000 GCMLS AL
• 2026-03-07 Price Changed $211,900 GCMLS AL
• 2026-02-26 Listed $214,900 GCMLS AL
• 2025-09-22 Sold (Public Records) $130,000 Public Records
• 2025-09-19 Sold (MLS) $130,000 GCMLS AL
• 2025-09-19 Sold (MLS) $130,000 BCAR
• 2025-08-21 Pending — BCAR
• 2025-08-21 Pending — GCMLS AL
• 2025-08-19 Listed $145,000 GCMLS AL
• 2025-08-19 Listed $145,000 BCAR

Property tax history

+3.5%/yr

Latest (2022): $610 · +8.3% YoY. Source: county tax records.