CashFlowRE
Sign in Sign up
2893 County Road 709
C Composite 57.36
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 +23.0/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.4/10.0
  • 1% rule +6.0/10.0
  • Condition / age +4.0/5.0
  • Rent growth +3.5/5.0
  • Schools +3.3/10.0
  • Livability +2.8/5.0
  • Appreciation +0.0/10.0

$149,900

2893 County Road 709 · Level Plains, AL 36330
4 bd · 2.0 ba · 1,216 sqft · Manufactured · 19 Days on market
Built 2026 Good condition 1.53 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Discover affordable country living with this brand new 2026 Clayton TRU Aspen situated on 1.53 acres just outside Enterprise. Featuring 4 bedrooms, 2 bathrooms, and 1,216 square feet, this move-in-ready home offers the perfect combination of modern comfort, privacy, and value. Inside, you’ll find an open concept layout, new kitchen appliances, a spacious primary suite with a large closet, and a relaxing garden tub in the primary bath. Built with energy efficiency in mind, this home provides the benefits of new construction while helping keep utility costs manageable. The land is mostly wooded, creating privacy while still offering an open homesite around the residence. Enjoy the peace

Key facts

  • Relaxing garden tub
  • Mostly wooded land
  • Energy efficiency

Tags

NEW KITCHEN APPLIANCESSPACIOUS PRIMARY SUITERELAXING GARDEN TUBENERGY EFFICIENCYMOSTLY WOODED LANDOPEN HOMESITE

Property features AI

Exterior

  • Parking: Driveway
  • Utilities: Public water; Septic tank; Cable available; Electricity available
  • Home design: Manufactured home (Clayton, Aspen model); One level
  • Construction: Vinyl siding
  • Exterior features: Private maintained road access; Private road frontage; Lot of 1.53 acres

Interior

  • Kitchen: Dishwasher; Electric cooktop, electric oven and electric range; Refrigerator
  • Flooring: Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Hot water heat; Central heating; Electric heating; Heat pump; Central air conditioning (electric)
  • Interior features: Dishwasher; Electric cooktop, oven and range; Electric water heater; Refrigerator

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath manufactured listed at $150k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $266 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Recommended offer: $148k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 55/100 on livability (#438 in AL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
  • Coffee County (rural): math 27% / reading 50% proficiency, ranked #30 of 129 in AL (top 23%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+3.9%/yr); 444 active listings in the ZIP; solid renter incomes; 137 units permitted in Coffee County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 19 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 21y 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 $51k; list at $150k implies a 194% 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→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $147,651 (1.5% 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 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?
  3. 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?
  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
1.10%
Cap rate
8.42%
Cash-on-cash
7.61%
DSCR
1.34
GRM
7.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.92% rent growth · sell at horizon

5-year hold
IRR
-3.6%
Equity multiple
0.86×
Total profit
$-5,781
Equity at exit
$22,351
10-year hold
IRR
7.1%
Equity multiple
1.56×
Total profit
$23,323
Equity at exit
$12,961

Cash invested: $41,972 (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.

ZIP-level market 36330

Home prices YoY
-19.4%
Rents YoY
3.9%
Active inventory
444
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$1,648 medium interval (Pro) →
Mortgage (P&I)
$786
Tax est. 1.5%
$187 /mo · $2,248/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$346
Net cashflow
$266

Break-even live

Break-even rent $1,311
Max offer price $149,900
Occupancy floor 79%

Sensitivity live

Price -10% $370 -5% $318 +0% $266 +5% $214 +10% $162
Rent -10% $136 -5% $201 +0% $266 +5% $331 +10% $396
Rate -1.0pp $342 -0.5pp $304 base $266 +0.5pp $227 +1.0pp $188

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
$37,475
Closing costs
$4,497
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 14 events

  1. 2026-06-21
    days on market $149,900 Active 19 DOM
  2. 2026-06-19
    days on market $149,900 Active 17 DOM
  3. 2026-06-18
    days on market $149,900 Active 16 DOM
  4. 2026-06-17
    days on market $149,900 Active 15 DOM
  5. 2026-06-16
    days on market $149,900 Active 14 DOM
  6. 2026-06-15
    days on market $149,900 Active 13 DOM
  7. 2026-06-14
    days on market $149,900 Active 11 DOM
  8. 2026-06-12
    days on market $149,900 Active 10 DOM
  9. 2026-06-09
    days on market $149,900 Active 7 DOM
  10. 2026-06-08
    days on market $149,900 Active 6 DOM
  11. 2026-06-07
    days on market $149,900 Active 5 DOM
  12. 2026-06-05
    days on market $149,900 Active 2 DOM
  13. 2026-06-03
    remarks 693-char remark
  14. 2026-06-03
    listed $149,900 Active 1 DOM

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

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 · 18 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,777
− Mortgage interest
−$8,397
− Property taxes
−$2,248
− Insurance
−$750
− Repairs & maintenance
−$1,582
− Management
−$1,582
− Depreciation
−$4,361
Taxable income
$857
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$206
After-tax cash flow
$2,987/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 80/100 None rehab

This move-in-ready Clayton TRU Aspen mobile home offers modern comfort and energy efficiency, with new construction and updated features.

Value-add opportunities

  • Both Landscaping — enhances curb appeal and privacy
  • Both Land improvements — improves property value and usability

Renovation cost estimate screening

Value-add ROI direction

  • Both Landscaping — enhances curb appeal and privacy
  • Both Land improvements — improves property value and usability

ⓘ 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
Coffee County
NCES district ID
0100810
Math proficiency
27% ▼ -21.00%
Reading proficiency
50% ▲ 3.00%
Median HH income
$43,693
Composite
32.56/100
National rank
#5682
State rank
#30 of 129 in AL

Livability — Level Plains

Score
55/100
State rank
#438
US rank
#23383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Coffee County · 39,557 people
Metro
Enterprise, AL
Population (ZIP)
39,557
Household income
$75,765
Rent vs Own
32.4% rent · 67.6% own
Severe rent burden
1126.0

Population outlook (Coffee County) Hauer SSP2

Today (2025)
53,133 people
By 2030
53,832 · +1.3%
By 2040
54,504 · +2.6%
By 2050
54,289 · +2.2%
By 2075
51,175 · -3.7%
By 2100
46,793 · -11.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 63% Black 17% Hispanic / Latino 13% Two or more races 9% Asian 1%
Hispanic origin (detail)
Mexican 6% Puerto Rican 3%
Common ancestry
Italian 3% Lithuanian 2% Serbian 2%
Foreign-born
6% · Canada, Vietnam, South Korea
Languages at home
89% English-only · Spanish 8% German/W. Germanic 2%

Political lean MEDSL · Coffee

2024 margin
Solid R (+57.9) · D 20.7% · R 78.6%
2008→2024 swing
-9.0pp toward R · 2008: -48.9pp · 2024: -57.9pp
All cycles
2024: R+57.9 2020: R+53.1 2016: R+56.7 2012: R+49.4 2008: R+48.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -44.44%
Current HPI
184.0163
Rent YoY
▲ 3.92%
Metro
Enterprise, AL
State GDP YoY
▲ 2.94%
F500 in state
4

Industry mix (Fortune 500 HQ in AL)

Industry F500 HQs Revenue

Price history

+173.0% since first listed
3 events — show timeline
  • 2026-05-31 Listed $149,900 WBR
  • 2005-06-06 Sold (MLS) $51,000 MAAR
  • 2005-02-16 Listed $54,900 MAAR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…