308 Doliska Rd · Dora, AL 35130

$135,000

2 bd · 2.0 ba · 2,005 sqft · SingleFamily public records · 132 Days on market

Built 1950 5.70 ac lot $67/sqft · 20% below area Est $168k · 20% under ↓ 20% since listing

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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).

• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• Cash flow +9.9/30.0
• 1% rule +2.9/10.0
• Livability +2.9/5.0
• DSCR +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Spacious 2 bed/ 2 bath home situated on 5.7 acres. This home offers a functional layout and room to make it your own. Property is being sold AS IS, presenting a great opportunity for buyers looking to personalize or invest in a peaceful setting with plenty of outdoor space. Cash/Conventional Only!

Key facts

• 5.7 acre lot
• Garage
• Pool

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $-85 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $123k (9.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $107k (20.5% below list).
• Recommended offer: $107k (20.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 57/100 on livability (#374 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• Walker County (rural): math 13% / reading 39% proficiency, ranked #89 of 129 in AL (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Sumiton Elementary School (math 12% / reading 32%, grade F, #442 of 627 statewide, top 72%, 714 students, 72% FRL); Sumiton Middle School (math 10% / reading 36%, grade F, #176 of 257 statewide, top 70%, 452 students, 76% FRL); Dora High School (math 2% / reading 17%, grade F, #252 of 305 statewide, top 84%, 472 students, 71% FRL) — zoned schools average 73% FRL vs 53% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 31 active listings in the ZIP; 36 units permitted in Walker County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($933 loan paydown + $14k appreciation (10.0% local appreciation)).
• Walker County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 132 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $107,322 (20.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 132 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 0.79% ✗
• Cap rate: 5.54%
• Cash-on-cash: -2.70%
• DSCR: 0.88
• GRM: 10.5

CMA / ARV

• ARV (median comp): $168,407
• List price: $135,000
• Delta: -19.84%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 22.4%
• Equity multiple: 2.80×
• Total profit: $68,120
• Equity at exit: $121,619

10-year hold

• IRR: 20.1%
• Equity multiple: 6.42×
• Total profit: $204,897
• Equity at exit: $262,275

Cash invested: $37,800 (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 35130

• Home prices YoY: 7.0%
• Active inventory: 31
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,073 medium
• Mortgage (P&I): −$708
• Tax est. 1.5%: −$169 /mo · $2,025/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$225
• Net cashflow: $-85

Break-even live

Break-even rent $1,181

Max offer price $122,684

Occupancy floor —

Sensitivity live

Price	-10% $8	-5% $-38	+0% $-85	+5% $-132	+10% $-178
Rent	-10% $-170	-5% $-128	+0% $-85	+5% $-43	+10% $0
Rate	-1.0pp $-17	-0.5pp $-51	base $-85	+0.5pp $-120	+1.0pp $-156

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-22
   days on market $135,000 Active 132 DOM
2. 2026-06-18
   days on market $135,000 Active 129 DOM
3. 2026-06-17
   days on market $135,000 Active 128 DOM
4. 2026-06-16
   days on market $135,000 Active 127 DOM
5. 2026-06-15
   days on market $135,000 Active 126 DOM
6. 2026-06-13
   days on market $135,000 Active 124 DOM
7. 2026-06-13
   days on market $135,000 Active 123 DOM
8. 2026-06-10
   days on market $135,000 Active 121 DOM
9. 2026-06-09
   days on market $135,000 Active 120 DOM
10. 2026-06-08
    days on market $135,000 Active 119 DOM
11. 2026-06-07
    days on market $135,000 Active 118 DOM
12. 2026-06-05
    days on market $135,000 Active 115 DOM
13. 2026-06-03
    days on market $135,000 Active 114 DOM
14. 2026-06-03
    days on market $135,000 Active 113 DOM
15. 2026-06-01
    days on market $135,000 Active 112 DOM
16. 2026-05-31
    days on market $135,000 Active 111 DOM
17. 2026-04-22
    price $135,000 298-char remark

    Show marketing remark (298 chars)

    Spacious 2 bed/ 2 bath home situated on 5.7 acres. This home offers a functional layout and room to make it your own. Property is being sold AS IS, presenting a great opportunity for buyers looking to personalize or invest in a peaceful setting with plenty of outdoor space. Cash/Conventional Only!

18. 2026-03-13
    price $158,000 298-char remark

    Show marketing remark (298 chars)

    Spacious 2 bed/ 2 bath home situated on 5.7 acres. This home offers a functional layout and room to make it your own. Property is being sold AS IS, presenting a great opportunity for buyers looking to personalize or invest in a peaceful setting with plenty of outdoor space. Cash/Conventional Only!

19. 2026-02-09
    listed $168,000 Active 298-char remark

    Show marketing remark (298 chars)

    Spacious 2 bed/ 2 bath home situated on 5.7 acres. This home offers a functional layout and room to make it your own. Property is being sold AS IS, presenting a great opportunity for buyers looking to personalize or invest in a peaceful setting with plenty of outdoor space. Cash/Conventional Only!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,879
• − Mortgage interest: −$7,562
• − Property taxes: −$2,025
• − Insurance: −$675
• − Repairs & maintenance: −$1,030
• − Management: −$1,030
• − Depreciation: −$3,927
• Taxable loss: −$3,371
• Est. tax savings @ 24.0%: +$809
• After-tax cash flow: $-212/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: Walker County
• NCES district ID: 0103450
• Math proficiency: 13% ▼ -28.00%
• Reading proficiency: 39% ▼ -5.00%
• Median HH income: $36,664
• Composite: 21.51/100
• National rank: #8321
• State rank: #89 of 129 in AL

Livability — Dora

• Score: 57/100
• State rank: #374
• US rank: #21559

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dora, AL
• Population (ZIP): 3,239

Population outlook (Walker County) Hauer SSP2

• Today (2025): 61,037 people
• By 2030: 58,391 · -4.3%
• By 2040: 53,080 · -13.0%
• By 2050: 48,031 · -21.3%
• By 2075: 37,799 · -38.1%
• By 2100: 29,001 · -52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 9% Black 6%
• Common ancestry: Scotch-Irish 6% Serbian 1% Italian 1%
• Foreign-born: 0% · Canada, Jamaica

Political lean MEDSL · Walker

• 2024 margin: Solid R (+71.8) · D 13.8% · R 85.6%
• 2008→2024 swing: -25.4pp toward R · 2008: -46.4pp · 2024: -71.8pp
• All cycles: 2024: R+71.8 2020: R+67.9 2016: R+67.4 2012: R+52.9 2008: R+46.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 11.51%
• Current HPI: 176.96
• 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

-19.6% since first listed

3 events — show timeline

• 2026-04-22 Price Changed $135,000 Walker County Area MLS
• 2026-03-13 Price Changed $158,000 Walker County Area MLS
• 2026-02-09 Listed $168,000 Walker County Area MLS

Property tax history

+0.1%/yr

Latest (2021): $216 · -68.1% YoY. Source: county tax records.