71 June Dr · Midland City, AL 36350

$299,000

4 bd · 2.0 ba · 1,897 sqft · SingleFamily public records · 14 Days on market

Built 2023 0.36 ac lot $158/sqft · 16% above area Est $258k · 16% 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 +17.0/30.0
• Appreciation +10.0/10.0
• DSCR +5.3/10.0
• 1% rule +3.4/10.0
• Schools +3.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.4/15.0

Listing remarks

Newer 4-bedroom home, no HOA, privacy fence, 2-car garage, and possible USDA 100% financing just minutes from Dothan, Alabama. Welcome to 71 June Drive in Midland City! This newer 2022-built, one-level home offers the space, finishes, and location buyers are looking for. Featuring 4 bedrooms, 2 bathrooms, approximately 1,897 sq. ft. , and a 2-car attached garage, this home has a comfortable great floor plan designed for everyday living. Inside, you will love the open-concept layout, tray ceilings, recessed lighting, and luxury vinyl plank flooring through the main living areas. The kitchen is the heart of the home with quartz countertops, a large island, stainless-steel appliances, pantry s

Key facts

• Quartz countertops
• Privacy fence
• Large island

Tags

• PRIVACY FENCE
• COVERED BACK PORCH
• QUARTZ COUNTERTOPS
• LARGE ISLAND
• STAINLESS STEEL APPLIANCES
• CUSTOM CLOSET ORGANIZER SYSTEM

Property features AI

Exterior

• Parking: 2 total parking spaces; 2 covered parking spaces; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single family residence; One level
• Construction: Brick construction
• Exterior features: Covered patio/porch; Lot approximately 0.36 acres; Lot dimensions about 82.8' x 194'

Interior

• Kitchen: Dishwasher; Oven; Range; Range hood; Refrigerator
• Bedrooms: Bedrooms located on main level
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Interior features: Ceiling fans; Entrance foyer; Double pane windows
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $200 ($2k/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 $250k (16.4% below list).
• Recommended offer: $250k (16.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#143 in AL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Dale County (rural): math 31% / reading 50% proficiency, ranked #26 of 129 in AL (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Midland City Elementary School (math 22% / reading 47%, grade F, #296 of 627 statewide, top 49%, 453 students, 79% FRL); South Dale Middle School (math 18% / reading 44%, grade F, #118 of 257 statewide, top 46%, 426 students, 78% FRL); Dale County High School (math 12% / reading 22%, grade F, #195 of 305 statewide, top 68%, 417 students, 73% FRL) — zoned schools average 77% FRL vs 52% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 28% at this address vs 40% district-wide (-13 pts) — the specific schools serving this property underperform the Dale County average; the district grade overstates school quality for this exact location.
• Market conditions: 75 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 38 units permitted in Dale County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $32k of equity ($2k loan paydown + $30k appreciation (10.0% local appreciation)).
• Dale County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $84k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 4y 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.
• Current owner paid $252k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $250,000 (16.4% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 0.84% ✗
• Cap rate: 7.10%
• Cash-on-cash: 2.86%
• DSCR: 1.13
• GRM: 10.0

CMA / ARV

• ARV (median comp): $258,265
• List price: $299,000
• Delta: 18.06%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
88 June Dr	0.04mi	4/2.0	1,929 (+2%)	0mo	$305,000	$158	95
168 June Dr	0.10mi	3/2.0 (-1)	1,640 (-14%)	19mo	$259,900	$158	52
221 Rosa Ln	0.14mi	3/2.0 (-1)	1,636 (-14%)	22mo	$279,500	$171	47
55 4th St	0.68mi	3/2.0 (-1)	1,940 (+2%)	21mo	$225,000	$116	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 26.3%
• Equity multiple: 3.10×
• Total profit: $175,432
• Equity at exit: $269,363

10-year hold

• IRR: 23.1%
• Equity multiple: 7.05×
• Total profit: $506,328
• Equity at exit: $580,891

Cash invested: $83,720 (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 36350

• Home prices YoY: 8.0%
• Active inventory: 75
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,500 medium
• Mortgage (P&I): −$1,568
• Tax from tax record: −$83 /mo · $991/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$525
• Net cashflow: $200

Break-even live

Break-even rent $2,247

Max offer price $299,000

Occupancy floor 87%

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
312 Joe Walding Dr Midland City, AL	3.0	2.0	1238	$2,500	$2.02	43d	1	0.64mi

Listing history 21 events

1. 2026-06-19
   days on market $299,000 Active 14 DOM
2. 2026-06-18
   days on market $299,000 Active 13 DOM
3. 2026-06-17
   days on market $299,000 Active 12 DOM
4. 2026-06-16
   days on market $299,000 Active 11 DOM
5. 2026-06-15
   days on market $299,000 Active 10 DOM
6. 2026-06-14
   days on market $299,000 Active 8 DOM
7. 2026-06-12
   days on market $299,000 Active 7 DOM
8. 2026-06-09
   days on market $299,000 Active 4 DOM
9. 2026-06-08
   days on market $299,000 Active 3 DOM
10. 2026-06-07
    pricedays on marketlisting id $299,000 Active 2 DOM
11. 2026-06-02
    days on market $304,900 Active 56 DOM
12. 2026-06-01
    days on market $304,900 Active 55 DOM
13. 2026-05-31
    days on market $304,900 Active 54 DOM
14. 2026-05-30
    days on market $304,900 Active 53 DOM
15. 2026-04-09
    price $304,900
16. 2026-04-07
    listed $304,900 Active 1443-char remark
17. 2026-04-03
    listed $304,900 Active
18. 2026-03-19
    listed $309,990 Active
19. 2026-03-19
    listed $30,990 Active
20. 2022-11-29
    soldstatus $251,900 Closed
21. 2022-05-31
    listed $251,900

ⓘ 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: $991 · $83/mo
• Projected year-2 tax: $1,226 · $102/mo
• Expected delta: +$235/yr (+$20/mo · 23.8%)

ⓘ 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 8/10 Severe 7 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,000
• − Mortgage interest: −$16,749
• − Property taxes: −$991
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,400
• − Management: −$2,400
• − Depreciation: −$8,698
• Taxable loss: −$2,732
• Est. tax savings @ 24.0%: +$656
• After-tax cash flow: $3,054/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: Dale County
• NCES district ID: 0101050
• Math proficiency: 31% ▼ -29.00%
• Reading proficiency: 50% ▼ -3.00%
• Median HH income: $42,949
• Composite: 34.16/100
• National rank: #5277
• State rank: #26 of 129 in AL

Livability — Midland City

• Score: 65/100
• State rank: #143
• US rank: #13549

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midland City, AL
• Population (ZIP): 7,675

Population outlook (Dale County) Hauer SSP2

• Today (2025): 46,805 people
• By 2030: 45,176 · -3.5%
• By 2040: 41,523 · -11.3%
• By 2050: 37,575 · -19.7%
• By 2075: 28,931 · -38.2%
• By 2100: 22,172 · -52.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 23% Hispanic / Latino 5% Two or more races 3%
• Common ancestry: Italian 2% Slovak 2% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Dale

• 2024 margin: Solid R (+52.3) · D 23.5% · R 75.8%
• 2008→2024 swing: -7.7pp toward R · 2008: -44.6pp · 2024: -52.3pp
• All cycles: 2024: R+52.3 2020: R+46.3 2016: R+50.4 2012: R+42.2 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 16.34%
• Current HPI: 219.7326
• 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

+18.7% since first listed

8 events — show timeline

• 2026-06-06 Listed $299,000 SAMLS
• 2026-04-09 Price Changed $304,900 SAMLS
• 2026-04-07 Listed $304,900 SAMLS
• 2026-04-03 Listed $304,900 WBR
• 2026-03-19 Listed $30,990 SAMLS
• 2026-03-19 Listed $309,990 SAMLS
• 2022-11-29 Sold (MLS) $251,900 SAMLS
• 2022-05-31 Listed $251,900 SAMLS

Property tax history

+61.7%/yr

Latest (2025): $991 · +6.2% YoY. Source: county tax records.