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Market MapAlabamaBaldwin

Baldwin County

AlabamaPopulation: 233,420Mobile, AL Metro
50
/100
Hold
#554 of 1,000 counties
#43 in Alabama (67 counties)

Market Snapshot

$365,570
Median Home Price
57% above national median
$1,691/mo
Median Rent
12% above national median
5.55%
Rent-to-Price Ratio
Top 60% nationally
-$818
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$365,570
Down Payment (20%)$73,114
Loan Amount$292,456
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,691
Monthly P&I-$1,916
Est. Expenses (35%)-$592
Net Cash Flow-$818/mo
3.6%
Cap Rate (all cash)
-11.7%
Cash-on-Cash Return
5.55%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
50/100
50
Cash Flow(30%)
53/100

Based on 5.55% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
45/100

Based on -1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
53/100

Price-to-income ratio of 5.1x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Declining home values (-1.0% YoY)
  • -Negative cash flow at typical financing (-$818/mo)
  • -Negative leverage (cap rate 3.6% < mortgage rate 6.9%)

Economic Indicators

Population
233,420
Median Income
$71,039
vs $57,018 national est.
Unemployment Rate
—
Data pending
Price-to-Income
5.1x
Less affordable

Compare to Nearby Counties

CountyVerdict
EscambiaAL
53$135,242Est. pending—HoldView
CurrentBaldwinAL
50$365,570$1,6915.55%Hold
FranklinAL
50$175,966Est. pending—HoldView
DallasAL
49$84,056Est. pending—HoldView
BibbAL
49$210,183Est. pending—HoldView
BarbourAL
48$145,070Est. pending—HoldView

The Bottom Line

HoldBaldwin is a neutral market. Consider house hacking or targeting below-market deals.

Baldwin County in Alabama scores 50/100, ranking #554 of 1,000 US counties (top 73%). The 5.55% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-818/mo
Cap Rate
3.6%
Cash-on-Cash
-11.7%

Ready to Analyze a Deal in Baldwin?

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