130 Co Rd 339 · Dodge City, AL 35053

$69,900

2 bd · 2.0 ba · 1,334 sqft · SingleFamily · 71 Days on market

Built 1982 Poor condition 1.09 ac lot $52/sqft · 83% below area ↓ 22% since listing

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Why this score? — see what drove the B- 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +2.8/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fix Upper or Investors Alert!!! 1982 Double Wide Mobile home on permanent foundation with concrete front porch, metal roof on 1.09 acre. Redo the property to be an everyday living home or Rental property. Currently 2 bedroom due to wall was taken down to make the master bedroom larger, could add wall back to make it a 3 bedroom. The surrounding property has been survey so the property corners are marked. Property is being Sold in the current condition & NO Repairs to be made. No Utilities on. Property conveyed with a right to use an existing 20 foot easement as a boat launch. PLEASE USE CAUTION & DO NOT WALK ON THE SIDE DECK OR BACK PORCH. NOT SAFE!!!!!!!

Key facts

• 1.09 acre
• Concrete front porch
• Metal roof

Tags

• PERMANENT FOUNDATION
• CONCRETE FRONT PORCH
• METAL ROOF
• 1.09 ACRE
• 20 FOOT EASEMENT

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $70k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $379 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $66k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 55/100 on livability (#444 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime D+, employment D+, schools F.
• Cullman County (rural): math 19% / reading 49% proficiency, ranked #49 of 129 in AL (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 319 active listings in the ZIP; 180 units permitted in Cullman County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y ago; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $65,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
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: 1.56% ✓
• Cap rate: 12.80%
• Cash-on-cash: 23.25%
• DSCR: 2.03
• GRM: 5.3

CMA / ARV

• ARV (median comp): $421,875
• List price: $69,900
• Delta: -83.43%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
61 County Road 334	0.74mi	3/2.0 (+1)	1,424 (+7%)	4mo	$615,000	$432	46
745 Co Rd 335	0.71mi	3/2.0 (+1)	1,463 (+10%)	21mo	$675,000	$461	28

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

5-year hold

• IRR: 16.3%
• Equity multiple: 1.66×
• Total profit: $12,840
• Equity at exit: $10,422

10-year hold

• IRR: 24.9%
• Equity multiple: 3.16×
• Total profit: $42,346
• Equity at exit: $6,044

Cash invested: $19,572 (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 35053

• Home prices YoY: -8.2%
• Active inventory: 319
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,091 medium
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$87 /mo · $1,048/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $379

Break-even live

Break-even rent $611

Max offer price $69,900

Occupancy floor 60%

Sensitivity live

Price	-10% $427	-5% $403	+0% $379	+5% $355	+10% $331
Rent	-10% $293	-5% $336	+0% $379	+5% $422	+10% $465
Rate	-1.0pp $414	-0.5pp $397	base $379	+0.5pp $361	+1.0pp $343

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $69,900 Active 71 DOM
2. 2026-06-19
   days on market $69,900 Active 69 DOM
3. 2026-06-18
   days on market $69,900 Active 68 DOM
4. 2026-06-17
   days on market $69,900 Active 67 DOM
5. 2026-06-16
   days on market $69,900 Active 66 DOM
6. 2026-06-15
   days on market $69,900 Active 65 DOM
7. 2026-06-14
   days on market $69,900 Active 63 DOM
8. 2026-06-12
   days on market $69,900 Active 62 DOM
9. 2026-06-09
   days on market $69,900 Active 59 DOM
10. 2026-06-08
    days on market $69,900 Active 58 DOM
11. 2026-06-07
    days on market $69,900 Active 57 DOM
12. 2026-06-05
    days on market $69,900 Active 54 DOM
13. 2026-06-03
    days on market $69,900 Active 53 DOM
14. 2026-06-02
    days on market $69,900 Active 52 DOM
15. 2026-06-01
    days on market $69,900 Active 51 DOM
16. 2026-05-31
    days on market $69,900 Active 50 DOM
17. 2026-05-30
    days on market $69,900 Active 49 DOM
18. 2026-05-11
    price $69,900 675-char remark

    Show marketing remark (675 chars)

    Fix Upper or Investors Alert!!! 1982 Double Wide Mobile home on permanent foundation with concrete front porch, metal roof on 1.09 acre. Redo the property to be an everyday living home or Rental property. Currently 2 bedroom due to wall was taken down to make the master bedroom larger, could add wall back to make it a 3 bedroom. The surrounding property has been survey so the property corners are marked. Property is being Sold in the current condition & NO Repairs to be made. No Utilities on. Property conveyed with a right to use an existing 20 foot easement as a boat launch. PLEASE USE CAUTION & DO NOT WALK ON THE SIDE DECK OR BACK PORCH. NOT SAFE!!!!!!!

19. 2026-04-12
    listed $79,900 Active 675-char remark

    Show marketing remark (675 chars)

    Fix Upper or Investors Alert!!! 1982 Double Wide Mobile home on permanent foundation with concrete front porch, metal roof on 1.09 acre. Redo the property to be an everyday living home or Rental property. Currently 2 bedroom due to wall was taken down to make the master bedroom larger, could add wall back to make it a 3 bedroom. The surrounding property has been survey so the property corners are marked. Property is being Sold in the current condition & NO Repairs to be made. No Utilities on. Property conveyed with a right to use an existing 20 foot easement as a boat launch. PLEASE USE CAUTION & DO NOT WALK ON THE SIDE DECK OR BACK PORCH. NOT SAFE!!!!!!!

20. 2010-04-08
    listed $69,900
21. 2007-12-18
    listed $90,000

ⓘ 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 5/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,098
• − Mortgage interest: −$3,915
• − Property taxes: −$1,048
• − Insurance: −$350
• − Repairs & maintenance: −$1,048
• − Management: −$1,048
• − Depreciation: −$2,033
• Taxable income: $3,655
• Est. tax owed @ 24.0%: −$877
• After-tax cash flow: $3,673/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.

Condition & rehab AI · 1 photo

Poor 20/100 Extensive rehab

This double-wide mobile home requires extensive repairs and renovations to be suitable for everyday living or rental. Significant exterior and interior work is needed to improve its condition and value.

Repairs flagged

• Major exterior siding — Significant damage and wear
• Major roof — Appears old and possibly rusted
• Major HVAC/mechanicals — No visible units
• Major landscaping — Overgrown lawn and lack of landscaping

Value-add opportunities

• Both exterior renovation — Improves curb appeal and resale value
• Both HVAC upgrade — Enhances comfort and energy efficiency
• Both landscaping — Enhances curb appeal and rental value

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Significant damage and wear	Major	$15,000–50,000
roof · Appears old and possibly rusted	Major	$15,000–50,000
HVAC/mechanicals · No visible units	Major	$15,000–50,000
landscaping · Overgrown lawn and lack of landscaping	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both exterior renovation — Improves curb appeal and resale value ↑
• Both HVAC upgrade — Enhances comfort and energy efficiency ↑
• Both landscaping — Enhances curb appeal and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Cullman County
• NCES district ID: 0101020
• Math proficiency: 19% ▼ -35.00%
• Reading proficiency: 49% ▲ 1.00%
• Median HH income: $39,449
• Composite: 28.39/100
• National rank: #6767
• State rank: #49 of 129 in AL

Livability — Dodge City

• Score: 55/100
• State rank: #444
• US rank: #23517

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,890

Population outlook (Cullman County) Hauer SSP2

• Today (2025): 84,522 people
• By 2030: 85,402 · +1.0%
• By 2040: 86,152 · +1.9%
• By 2050: 85,202 · +0.8%
• By 2075: 79,679 · -5.7%
• By 2100: 66,943 · -20.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3%
• Common ancestry: Slovak 3% Serbian 3% Italian 1%

Political lean MEDSL · Cullman

• 2024 margin: Solid R (+80.5) · D 9.4% · R 89.9%
• 2008→2024 swing: -15.3pp toward R · 2008: -65.2pp · 2024: -80.5pp
• All cycles: 2024: R+80.5 2020: R+77.4 2016: R+77.8 2012: R+69.5 2008: R+65.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.70%
• Current HPI: 354.4452
• 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

-22.3% since first listed

4 events — show timeline

• 2026-05-11 Price Changed $69,900 SAARMLS
• 2026-04-12 Listed $79,900 SAARMLS
• 2010-04-08 Listed $69,900 SAARMLS
• 2007-12-18 Listed $90,000 SAARMLS