106 Tv Rd · Dothan, AL 36301

$129,900

3 bd · 1.0 ba · 1,088 sqft · SingleFamily public records · 17 Days on market

Built 1958 0.35 ac lot Est $144k · 10% under

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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 +25.7/30.0
• ARV discount +11.8/15.0
• DSCR +8.5/10.0
• 1% rule +5.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

NIce 1088 sq ft, 3 bed, 1 bath Brick House. Tenant Occupied.

Key facts

• Recent updates
• Fresh interior paint
• Hvac system

Tags

• RECENT UPDATES
• FRESH INTERIOR PAINT
• REFINISHED HARDWOOD FLOORS
• STAINLESS STEEL APPLIANCES
• PROFESSIONAL LANDSCAPING
• HVAC SYSTEM

Property features AI

Finance

• Other: Lot approximately 0.35 acres (about 15,246 sq ft)
• HOA & community: Subdivision: Television Heights

Exterior

• Parking: No garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available and connected
• Home design: Single-family residence; One level
• Construction: Brick construction; Year built not specified
• Exterior features: On waterfront; No pool

Interior

• Kitchen: Oven; Range; Range hood; Self-cleaning oven
• Bedrooms: Bedroom count not specified
• Flooring: Vinyl; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Heating and cooling details not specified
• Interior features: Storage; Ceiling fans; Walk-in closets; Double-pane windows; Window treatments; Smoke detectors
• Laundry & utility: Laundry located outside

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $309 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 4.4% in Dothan — 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 64/100 on livability (#146 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, crime F, amenities F.
• Dothan City (urban): math 19% / reading 39% proficiency, ranked #73 of 129 in AL (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Beverlye Intermediate School (math 6% / reading 25%, grade F, #503 of 627 statewide, top 80%, 388 students, 90% FRL); Dothan High School (math 16% / reading 24%, grade F, #163 of 305 statewide, top 54%, 1,454 students, 70% FRL) — zoned schools average 80% FRL vs 59% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 410 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 463 units permitted in Houston County in 2024 (96 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Houston County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $69k; list at $130k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• 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 $127,951 (1.5% below list)

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is F 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?
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: 1.07% ✓
• Cap rate: 9.15%
• Cash-on-cash: 10.20%
• DSCR: 1.45
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $143,616
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2210 E Glen Hvn	0.34mi	3/2.0	1,084 (-0%)	6mo	$155,000	$143	75
2507 Dykes St	0.23mi	2/2.0 (-1)	1,056 (-3%)	11mo	$125,000	$118	66
2205 Aberdeen Rd	0.64mi	3/2.0	1,080 (-1%)	7mo	$135,000	$125	59
2412 Glen Hvn	0.28mi	2/2.0 (-1)	1,056 (-3%)	17mo	$116,000	$110	59
2410 Mimosa Dr	0.57mi	3/1.5	1,008 (-7%)	3mo	$163,000	$162	57
103 Valley Crest Dr	0.36mi	2/2.0 (-1)	1,056 (-3%)	17mo	$116,000	$110	56
332 Darlington Cir	0.55mi	3/2.0	1,227 (+13%)	1mo	$170,000	$139	48
123 Hedstrom Dr	0.74mi	3/1.0	1,024 (-6%)	10mo	$109,500	$107	48
318 Darlington Cir	0.56mi	3/2.0	1,200 (+10%)	12mo	$159,900	$133	42
203 Pine Hills Dr	0.67mi	3/1.5	1,134 (+4%)	22mo	$73,500	$65	41
2304 Creekwood Dr	0.59mi	3/2.0	1,008 (-7%)	23mo	$135,000	$134	37
103 Arrowhead Dr	0.58mi	3/2.0	1,192 (+10%)	21mo	$157,300	$132	35

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: -1.0%
• Equity multiple: 0.96×
• Total profit: $-1,397
• Equity at exit: $19,369

10-year hold

• IRR: 8.6%
• Equity multiple: 1.66×
• Total profit: $23,966
• Equity at exit: $11,231

Cash invested: $36,372 (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 36301

• Home prices YoY: -24.9%
• Active inventory: 410
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,392 high
• Mortgage (P&I): −$681
• Tax from tax record: −$55 /mo · $665/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $309

Break-even live

Break-even rent $1,001

Max offer price $129,900

Occupancy floor 73%

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2211 Shannondoah Dr Dothan, AL	3.0	2.0	1409	$1,450	$1.03	43d	1	0.42mi
1009 Jonathan St Dothan, AL	3.0	1.5	1318	$1,300	$0.99	43d	1	0.98mi
306 Mustang Dr Dothan, AL	3.0	1.0	1301	$1,050	$0.81	43d	1	1.11mi
151 Radford Cir Dothan, AL	2.0	1.5	1171	$1,400	$1.20	43d	1	1.18mi
1000 Fairlane Dr Dothan, AL	3.0	2.0	1500	$1,200	$0.80	43d	1	1.25mi
413 Christopher Dr Miami, AL	3.0	2.0	1482	$2,900	$1.96	43d	1	1.26mi
1581 E Selma St Aurora, AL	3.0	1.5	1426	$1,149	$0.81	43d	1	1.30mi
1301 Alexander Dr Dothan, AL	1.0–2.0	1.0–1.5	833	$795	$0.95	43d	1	1.34mi
31 Trillium Cir Dothan, AL	1.0–3.0	1.0–2.0	958	$1,290	$1.35	43d	15	1.48mi

Listing history 13 events

1. 2026-06-18
   statusdays on market $129,900 Pending 17 DOM
2. 2026-06-17
   days on market $129,900 Active 16 DOM
3. 2026-06-16
   days on market $129,900 Active 15 DOM
4. 2026-06-15
   days on market $129,900 Active 14 DOM
5. 2026-06-14
   days on market $129,900 Active 12 DOM
6. 2026-06-12
   days on market $129,900 Active 11 DOM
7. 2026-06-09
   days on market $129,900 Active 8 DOM
8. 2026-06-08
   days on market $129,900 Active 7 DOM
9. 2026-06-07
   days on market $129,900 Active 6 DOM
10. 2026-06-05
    days on market $129,900 Active 3 DOM
11. 2026-06-03
    days on market $129,900 Active 2 DOM
12. 2026-06-02
    remarks 693-char remark
13. 2026-06-02
    listed $129,900 Active 1 DOM

ⓘ 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: $665 · $55/mo
• Projected year-2 tax: $665 · $55/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% 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: $16,710
• − Mortgage interest: −$7,276
• − Property taxes: −$665
• − Insurance: −$650
• − Repairs & maintenance: −$1,337
• − Management: −$1,337
• − Depreciation: −$3,779
• Taxable income: $1,666
• Est. tax owed @ 24.0%: −$400
• After-tax cash flow: $3,311/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: Dothan City
• NCES district ID: 0101230
• Math proficiency: 19% ▼ -23.00%
• Reading proficiency: 39% ▼ -3.00%
• Median HH income: $42,279
• Composite: 24.56/100
• National rank: #7640
• State rank: #73 of 129 in AL

Livability — Dothan

• Score: 64/100
• State rank: #146
• US rank: #13662

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dothan, AL
• City population: 47,783
• Population (ZIP): 38,627

Population outlook (Houston County) Hauer SSP2

• Today (2025): 110,280 people
• By 2030: 112,668 · +2.2%
• By 2040: 116,149 · +5.3%
• By 2050: 117,805 · +6.8%
• By 2075: 118,577 · +7.5%
• By 2100: 110,940 · +0.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 59% Black 31% Hispanic / Latino 5% Two or more races 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Houston

• 2024 margin: Solid R (+47.8) · D 25.7% · R 73.5%
• 2008→2024 swing: -7.0pp toward R · 2008: -40.8pp · 2024: -47.8pp
• All cycles: 2024: R+47.8 2020: R+42.7 2016: R+47.6 2012: R+40.3 2008: R+40.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.46%
• Current HPI: 161.1212
• 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

+87.8% since first listed

3 events — show timeline

• 2026-06-01 Listed $129,900 SAMLS
• 2025-05-20 Price Changed $69,166 SAMLS
• 2025-05-19 Sold (MLS) $69,166 SAMLS

Property tax history

+4.6%/yr

Latest (2025): $665 · +5.4% YoY. Source: county tax records.