179 Lee Road 0599 · Ladonia, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 7/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 76.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +23.8/30.0
- ARV discount +15.0/15.0
- DSCR +7.7/10.0
- 1% rule +5.2/10.0
- Livability +3.1/5.0
- Schools +3.0/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$180,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Escape to peaceful country living with this beautifully maintained 3-bedroom, 2-bathroom home situated on over an acre of land. Tucked away in a quiet rural setting, this property offers the perfect blend of privacy and space, complete with a fully fenced yard—ideal for pets, livestock, gardening, or simply enjoying the outdoors. Inside, you'll find a warm and welcoming layout featuring a spacious living area, a functional kitchen with plenty of storage, and a split floor plan for added privacy. The primary suite includes its own full bath, while two additional bedrooms offer flexibility for guests, a home office, or family. Outside, there's room to roam with mature trees, open space, and endless possibilities—from building a workshop to starting a hobby farm. Whether you're looking to downsize, start fresh, or enjoy country life while staying close to town amenities, this home is a rare find.
Key facts
- Open space
- Hobby farm
- Quiet rural setting
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $180k.
Deal economics
- At list price, monthly cash flow is $346 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $180k).
- Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.6% vs local median 4.4% in Ladonia — 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 61/100 on livability (#251 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: employment D, schools F, amenities F.
- Lee County (rural): math 23% / reading 47% proficiency, ranked #40 of 129 in AL (top 31%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 132 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,858 units permitted in Lee County in 2024 (113 in 5+ unit buildings).
- This rent runs 30% of the median local income ($72k/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 $5k of value loss. Plan a longer hold.
- Lee County population projected at +54% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 216 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 76% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 216 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.02% ✓
- Cap rate
- 8.60%
- Cash-on-cash
- 8.24%
- DSCR
- 1.37
- GRM
- 8.2
CMA / ARV
- ARV (median comp)
- $261,985
- List price
- $180,000
- Delta
- -31.29%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11 Lee Road 2124 | 0.07mi | 3/2.0 | 1,650 (-2%) | 3mo | $275,000 | $167 | 86 |
| 72 Lee Road 504 | 0.19mi | 3/2.0 | 1,615 (-5%) | 3mo | $277,000 | $172 | 77 |
| 314 Lee Road 2009 | 0.19mi | 3/2.0 | 1,624 (-4%) | 6mo | $299,900 | $185 | 76 |
| 35 Lee Road 2124 | 0.26mi | 3/2.0 | 1,631 (-4%) | 5mo | $292,000 | $179 | 74 |
| 11 Lee Road 2176 | 0.07mi | 4/2.0 (+1) | 1,833 (+8%) | 4mo | $259,900 | $142 | 71 |
| 11 Lee Road 2010 | 0.07mi | 3/2.0 | 1,469 (-13%) | 4mo | $240,000 | $163 | 67 |
| 164 Lee Road 220 | 0.06mi | 3/2.0 | 1,461 (-14%) | 8mo | $225,000 | $154 | 64 |
| 52 Lee Road 2033 | 0.25mi | 3/2.0 | 1,475 (-13%) | 4mo | $218,000 | $148 | 60 |
| 23 Lee Road 501 | 0.27mi | 3/2.0 | 1,456 (-14%) | 3mo | $257,000 | $177 | 57 |
| 444 Lee Road 309 | 0.36mi | 3/2.0 | 1,457 (-14%) | 2mo | $259,000 | $178 | 54 |
| 216 Lee Road 997 | 0.55mi | 3/2.0 | 1,462 (-14%) | 2mo | $272,900 | $187 | 46 |
| 2245 Lee Road 0208 | 0.59mi | 4/2.0 (+1) | 1,444 (-15%) | 7mo | $189,900 | $132 | 33 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -3.8%
- Equity multiple
- 0.86×
- Total profit
- $-7,176
- Equity at exit
- $26,839
- IRR
- 5.9%
- Equity multiple
- 1.43×
- Total profit
- $21,903
- Equity at exit
- $15,563
Cash invested: $50,400 (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
ZIP-level market 36870
- Home prices YoY
- -10.5%
- Active inventory
- 132
- Price-to-rent
- 8.2×
Monthly cashflow live
- Estimated rent
- $1,833 medium interval (Pro) →
- Mortgage (P&I)
- −$944
- Tax from tax record
- −$83 /mo · $992/yr
- Insurance
- −$75
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$385
- Net cashflow
- $346
Break-even live
Sensitivity live
| Price | -10% $448 | -5% $397 | +0% $346 | +5% $295 | +10% $244 |
|---|---|---|---|---|---|
| Rent | -10% $201 | -5% $274 | +0% $346 | +5% $419 | +10% $491 |
| Rate | -1.0pp $437 | -0.5pp $392 | base $346 | +0.5pp $300 | +1.0pp $252 |
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
- $45,000
- Closing costs
- $5,400
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 393 Lee Rd Unit 554 Phenix City, AL | 4.0 | 2.0 | 1745 | $2,000 | $1.15 | 21d | 1 | 1.41mi |
Listing history 12 events
-
2025-12-16status Active 918-char remark
Show marketing remark (918 chars)
Escape to peaceful country living with this beautifully maintained 3-bedroom, 2-bathroom home situated on over an acre of land. Tucked away in a quiet rural setting, this property offers the perfect blend of privacy and space, complete with a fully fenced yard—ideal for pets, livestock, gardening, or simply enjoying the outdoors. Inside, you'll find a warm and welcoming layout featuring a spacious living area, a functional kitchen with plenty of storage, and a split floor plan for added privacy. The primary suite includes its own full bath, while two additional bedrooms offer flexibility for guests, a home office, or family. Outside, there's room to roam with mature trees, open space, and endless possibilities—from building a workshop to starting a hobby farm. Whether you're looking to downsize, start fresh, or enjoy country life while staying close to town amenities, this home is a rare find.
-
2025-12-01status Pending 918-char remark
Show marketing remark (918 chars)
Escape to peaceful country living with this beautifully maintained 3-bedroom, 2-bathroom home situated on over an acre of land. Tucked away in a quiet rural setting, this property offers the perfect blend of privacy and space, complete with a fully fenced yard—ideal for pets, livestock, gardening, or simply enjoying the outdoors. Inside, you'll find a warm and welcoming layout featuring a spacious living area, a functional kitchen with plenty of storage, and a split floor plan for added privacy. The primary suite includes its own full bath, while two additional bedrooms offer flexibility for guests, a home office, or family. Outside, there's room to roam with mature trees, open space, and endless possibilities—from building a workshop to starting a hobby farm. Whether you're looking to downsize, start fresh, or enjoy country life while staying close to town amenities, this home is a rare find.
-
2025-10-08$180,000 Active 918-char remark
Show marketing remark (918 chars)
Escape to peaceful country living with this beautifully maintained 3-bedroom, 2-bathroom home situated on over an acre of land. Tucked away in a quiet rural setting, this property offers the perfect blend of privacy and space, complete with a fully fenced yard—ideal for pets, livestock, gardening, or simply enjoying the outdoors. Inside, you'll find a warm and welcoming layout featuring a spacious living area, a functional kitchen with plenty of storage, and a split floor plan for added privacy. The primary suite includes its own full bath, while two additional bedrooms offer flexibility for guests, a home office, or family. Outside, there's room to roam with mature trees, open space, and endless possibilities—from building a workshop to starting a hobby farm. Whether you're looking to downsize, start fresh, or enjoy country life while staying close to town amenities, this home is a rare find.
-
2025-02-24soldstatus $265,000 Closed 611-char remark
Show marketing remark (611 chars)
Welcome to 179 Lee Road 504, a charming all-brick home in Phenix City, AL! This 3-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living. The large living area seamlessly flows into the kitchen and dining spaces, creating an ideal environment for family gatherings and entertaining. Situated on a large lot, the home offers plenty of outdoor space and a two-car garage for added convenience. With its blend of comfort and style, this home is perfect for anyone looking to settle in a quiet yet accessible location. Don’t miss your chance to make this beautiful property yours!
-
2025-02-24soldstatus $265,000 Closed
Show marketing remark (611 chars)
Welcome to 179 Lee Road 504, a charming all-brick home in Phenix City, AL! This 3-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living. The large living area seamlessly flows into the kitchen and dining spaces, creating an ideal environment for family gatherings and entertaining. Situated on a large lot, the home offers plenty of outdoor space and a two-car garage for added convenience. With its blend of comfort and style, this home is perfect for anyone looking to settle in a quiet yet accessible location. Don’t miss your chance to make this beautiful property yours!
-
2025-01-27status Pending 611-char remark
Show marketing remark (611 chars)
Welcome to 179 Lee Road 504, a charming all-brick home in Phenix City, AL! This 3-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living. The large living area seamlessly flows into the kitchen and dining spaces, creating an ideal environment for family gatherings and entertaining. Situated on a large lot, the home offers plenty of outdoor space and a two-car garage for added convenience. With its blend of comfort and style, this home is perfect for anyone looking to settle in a quiet yet accessible location. Don’t miss your chance to make this beautiful property yours!
-
2025-01-27status Pending
Show marketing remark (611 chars)
Welcome to 179 Lee Road 504, a charming all-brick home in Phenix City, AL! This 3-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living. The large living area seamlessly flows into the kitchen and dining spaces, creating an ideal environment for family gatherings and entertaining. Situated on a large lot, the home offers plenty of outdoor space and a two-car garage for added convenience. With its blend of comfort and style, this home is perfect for anyone looking to settle in a quiet yet accessible location. Don’t miss your chance to make this beautiful property yours!
-
2025-01-08$265,000 Active
Show marketing remark (611 chars)
Welcome to 179 Lee Road 504, a charming all-brick home in Phenix City, AL! This 3-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living. The large living area seamlessly flows into the kitchen and dining spaces, creating an ideal environment for family gatherings and entertaining. Situated on a large lot, the home offers plenty of outdoor space and a two-car garage for added convenience. With its blend of comfort and style, this home is perfect for anyone looking to settle in a quiet yet accessible location. Don’t miss your chance to make this beautiful property yours!
-
2025-01-08$265,000 Active 611-char remark
Show marketing remark (611 chars)
Welcome to 179 Lee Road 504, a charming all-brick home in Phenix City, AL! This 3-bedroom, 2-bathroom home features an open-concept layout, perfect for modern living. The large living area seamlessly flows into the kitchen and dining spaces, creating an ideal environment for family gatherings and entertaining. Situated on a large lot, the home offers plenty of outdoor space and a two-car garage for added convenience. With its blend of comfort and style, this home is perfect for anyone looking to settle in a quiet yet accessible location. Don’t miss your chance to make this beautiful property yours!
-
2024-11-01price $267,900
-
2024-09-17$269,900 Active
-
2008-04-04soldstatus $187,900
ⓘ 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
- $992 · $83/mo
- Projected year-2 tax
- $992 · $83/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 5/10 Major
- Heat 7/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
- Wind 6/10 Major 76% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 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
- $21,993
- − Mortgage interest
- −$10,083
- − Property taxes
- −$992
- − Insurance
- −$900
- − Repairs & maintenance
- −$1,759
- − Management
- −$1,759
- − Depreciation
- −$5,236
- Taxable income
- $1,262
- Est. tax owed @ 24.0%
- −$303
- After-tax cash flow
- $3,852/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
- Lee County
- NCES district ID
- 0102070
- Math proficiency
- 23% ▼ -27.00%
- Reading proficiency
- 47% ▬ 0.00%
- Median HH income
- $47,786
- Composite
- 30.04/100
- National rank
- #6355
- State rank
- #40 of 129 in AL
Livability — Ladonia
- Score
- 61/100
- State rank
- #251
- US rank
- #17877
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Lee County · 144,175 people
- Metro
- Auburn-Opelika, AL
- Population (ZIP)
- 17,951
- Household income
- $72,500
- Rent vs Own
- Severe rent burden
- 500.0
Population outlook (Lee County) Hauer SSP2
- Today (2025)
- 196,440 people
- By 2030
- 217,417 · +10.7%
- By 2040
- 259,467 · +32.1%
- By 2050
- 301,557 · +53.5%
- By 2075
- 402,186 · +104.7%
- By 2100
- 474,503 · +141.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Black 18% Two or more races 4% Hispanic / Latino 4%
- Common ancestry
- Slovak 3% Romanian 2% Portuguese 2%
- Foreign-born
- 3% · Canada, South Korea, Jamaica
- Languages at home
- 95% English-only · Spanish 3% Korean 1%
Political lean MEDSL · Lee
- 2024 margin
- Strong R (+27.8) · D 35.5% · R 63.3% · Other 1.2%
- 2008→2024 swing
- -8.1pp toward R · 2008: -19.8pp · 2024: -27.8pp
- All cycles
- 2024: R+27.8 2020: R+20.1 2016: R+23.1 2012: R+19.9 2008: R+19.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -28.19%
- Current HPI
- 241.1403
- Rent YoY
- —
- Metro
- Auburn-Opelika, 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
-4.2% since first listed12 events — show timeline
- 2025-12-16 Relisted — CBOR
- 2025-12-01 Pending — CBOR
- 2025-10-08 Listed $180,000 CBOR
- 2025-02-24 Sold (MLS) $265,000 CBOR
- 2025-02-24 Sold (MLS) $265,000 EABOR
- 2025-01-27 Pending — EABOR
- 2025-01-27 Pending — CBOR
- 2025-01-08 Listed $265,000 CBOR
- 2025-01-08 Listed $265,000 EABOR
- 2024-11-01 Price Changed $267,900 EABOR
- 2024-09-17 Listed $269,900 EABOR
- 2008-04-04 Sold (Public Records) $187,900 Public Records
Property tax history
-3.5%/yrLatest (2025): $992 · -9.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…