1476 County Road 109 · Daleville, AL 36322

$124,999

3 bd · 2.0 ba · 1,568 sqft · Manufactured · 159 Days on market

Built 1998 Good condition $80/sqft · 63% above area

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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).

• Cash flow +20.9/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Condition / age +3.8/5.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

This well-maintained property presents an excellent opportunity for both buyers and investors, as it is currently tenant-occupied with a steady monthly rental income of $1,450. Situated on just over half an acre, the home offers space, functionality, and long-term value. The residence features 3 bedrooms and 2 full bathrooms across 1,568 square feet of living space. Exterior highlights include a welcoming front porch, a covered back porch, and a convenient two-car carport. A wire-fenced area provides an ideal space for pets. Inside, the living room is centered around a cozy wood-burning fireplace, creating a warm and inviting atmosphere. The kitchen is well-equipped with a wall oven, freestanding range, dishwasher, range hood, and abundant cabinetry, offering ample storage and practicality for everyday living.

Key facts

• Wire fenced area
• Half an acre
• Covered back porch

Tags

• HALF AN ACRE
• WELCOMING FRONT PORCH
• COVERED BACK PORCH
• TWO CAR CARPORT
• WIRE FENCED AREA
• WOOD BURNING FIREPLACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $125k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $173 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 6.5% in Daleville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 61/100 on livability (#278 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-; Watch: health & safety D, schools F, amenities F.
• Daleville City (town): math 9% / reading 37% proficiency, ranked #97 of 129 in AL (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 41 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).
• This rent runs 33% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $13k of equity ($864 loan paydown + $12k 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 $35k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 159 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts 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 $83k; list at $125k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% 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 $109,999 (12.0% below list)

Questions for the listing agent

1. It's been on market 159 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.05% ✓
• Cap rate: 7.95%
• Cash-on-cash: 5.93%
• DSCR: 1.26
• GRM: 7.9

CMA / ARV

• ARV (median comp): $76,464
• List price: $124,999
• Delta: 63.47%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 28.6%
• Equity multiple: 3.26×
• Total profit: $79,114
• Equity at exit: $112,609

10-year hold

• IRR: 24.9%
• Equity multiple: 7.41×
• Total profit: $224,353
• Equity at exit: $242,846

Cash invested: $35,000 (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 36322

• Home prices YoY: 31.4%
• Active inventory: 41
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,312 medium
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $173

Break-even live

Break-even rent $1,093

Max offer price $124,999

Occupancy floor 82%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
222 Myrtle St Daleville, AL	3.0	2.0	1150	$1,100	$0.96	43d	1	1.05mi

Listing history 31 events

1. 2026-06-19
   days on market $124,999 Active 159 DOM
2. 2026-06-18
   days on market $124,999 Active 158 DOM
3. 2026-06-17
   days on market $124,999 Active 157 DOM
4. 2026-06-16
   days on market $124,999 Active 156 DOM
5. 2026-06-15
   days on market $124,999 Active 155 DOM
6. 2026-06-14
   days on market $124,999 Active 153 DOM
7. 2026-06-12
   days on market $124,999 Active 152 DOM
8. 2026-06-09
   days on market $124,999 Active 149 DOM
9. 2026-06-08
   days on market $124,999 Active 148 DOM
10. 2026-06-07
    days on market $124,999 Active 147 DOM
11. 2026-06-05
    days on market $124,999 Active 144 DOM
12. 2026-06-03
    days on market $124,999 Active 143 DOM
13. 2026-06-02
    days on market $124,999 Active 142 DOM
14. 2026-06-01
    days on market $124,999 Active 141 DOM
15. 2026-05-31
    days on market $124,999 Active 140 DOM
16. 2026-05-30
    days on market $124,999 Active 139 DOM
17. 2026-03-17
    price $128,500 821-char remark

    Show marketing remark (821 chars)

    This well-maintained property presents an excellent opportunity for both buyers and investors, as it is currently tenant-occupied with a steady monthly rental income of $1,450. Situated on just over half an acre, the home offers space, functionality, and long-term value. The residence features 3 bedrooms and 2 full bathrooms across 1,568 square feet of living space. Exterior highlights include a welcoming front porch, a covered back porch, and a convenient two-car carport. A wire-fenced area provides an ideal space for pets. Inside, the living room is centered around a cozy wood-burning fireplace, creating a warm and inviting atmosphere. The kitchen is well-equipped with a wall oven, freestanding range, dishwasher, range hood, and abundant cabinetry, offering ample storage and practicality for everyday living.

18. 2026-01-11
    listed $129,500 Active 821-char remark

    Show marketing remark (821 chars)

    This well-maintained property presents an excellent opportunity for both buyers and investors, as it is currently tenant-occupied with a steady monthly rental income of $1,450. Situated on just over half an acre, the home offers space, functionality, and long-term value. The residence features 3 bedrooms and 2 full bathrooms across 1,568 square feet of living space. Exterior highlights include a welcoming front porch, a covered back porch, and a convenient two-car carport. A wire-fenced area provides an ideal space for pets. Inside, the living room is centered around a cozy wood-burning fireplace, creating a warm and inviting atmosphere. The kitchen is well-equipped with a wall oven, freestanding range, dishwasher, range hood, and abundant cabinetry, offering ample storage and practicality for everyday living.

19. 2025-09-05
    soldstatus $83,000 Closed 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

20. 2025-08-15
    status Pending

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

21. 2025-08-15
    historical Active Under Contract 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

22. 2025-07-28
    status Active
23. 2025-07-26
    status Active 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

24. 2025-07-18
    status Pending

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

25. 2025-07-18
    historical Active Under Contract 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

26. 2025-06-27
    status Active 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

27. 2025-06-27
    status Active

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

28. 2025-06-04
    status Pending

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

29. 2025-06-04
    historical Active Under Contract 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

30. 2025-05-28
    listed $110,000 Active
31. 2025-05-27
    listed $110,000 Active 659-char remark

    Show marketing remark (659 chars)

    This wonderful property sits just over half an acre! This home has 3 bedrooms and 2 bathrooms, with 1,568 sq. ft. Property features a front porch and a convenient two-car carport. Inside, you'll find a cozy wood-burning fireplace in the living room. The kitchen is equipped with both a wall oven and a freestanding range, a dishwasher, range hood, and an abundance of cabinets perfect for storage. Additionally, there’s a back porch and a wire fence for your pets. Another mobile home is next door if 2 owners want to live close to each other. MLS# for that mobile home is 553825. It is a 3 bedroom, 2 bathroom with 2,048 sq. ft. on nearly half an acre.

ⓘ 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 8/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,749
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,260
• − Management: −$1,260
• − Depreciation: −$3,636
• Taxable income: $91
• Est. tax owed @ 24.0%: −$22
• After-tax cash flow: $2,054/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained mobile home is move-in ready with good condition and potential for further value enhancement.

Value-add opportunities

• Both Paint the exterior siding — Enhances curb appeal and value
• Both Replace the carport roof — Improves durability and appearance

Renovation cost estimate screening

Value-add ROI direction

• Both Paint the exterior siding — Enhances curb appeal and value ↑
• Both Replace the carport roof — Improves durability and appearance ↑

ⓘ 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: Daleville City
• NCES district ID: 0101080
• Math proficiency: 9% ▼ -18.00%
• Reading proficiency: 37% ▲ 1.00%
• Median HH income: $45,865
• Composite: 19.89/100
• National rank: #8687
• State rank: #97 of 129 in AL

Livability — Daleville

• Score: 61/100
• State rank: #278
• US rank: #18463

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Dale County · 7,959 people
• City population: 7,740
• Metro: Ozark, AL
• Population (ZIP): 7,959
• Household income: $47,276
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 115.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 59% Black 23% Two or more races 9% Hispanic / Latino 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 1%
• Foreign-born: 5% · South Korea, China, Canada
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 1% Korean 1%

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: ▲ 49.15%
• Current HPI: 205.6
• Rent YoY: —
• Metro: Ozark, 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

+16.8% since first listed

15 events — show timeline

• 2026-03-17 Price Changed $128,500 WBR
• 2026-01-11 Listed $129,500 WBR
• 2025-09-05 Sold (MLS) $83,000 WBR
• 2025-08-15 Pending — SAMLS
• 2025-08-15 Contingent — WBR
• 2025-07-28 Relisted — SAMLS
• 2025-07-26 Relisted — WBR
• 2025-07-18 Pending — SAMLS
• 2025-07-18 Contingent — WBR
• 2025-06-27 Relisted — WBR
• 2025-06-27 Relisted — SAMLS
• 2025-06-04 Pending — SAMLS
• 2025-06-04 Contingent — WBR
• 2025-05-28 Listed $110,000 SAMLS
• 2025-05-27 Listed $110,000 WBR