0 Dawes Creek DrTheodoreAL36582
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Theodore at 0 Dawes Creek Dr, Theodore, AL, 36582 priced at $451,000 converts $1,800/mo rent into after a $2,207/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 13.93% in year one, and rental yield reads 4.79% against a $451,000 entry. Equity gained on principal adds $2,910/yr, while 5% annual appreciation compiles into $124,603 by year five. Five-year ROI reaches 70.05% and total cumulative return in cash sums $104,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $2,207/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36582, Theodore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,923 (100%) |
| Owner Occupied HU | 7,176 (65.7%) |
| Renter Occupied HU | 2,760 (25.3%) |
| Vacant Housing Units | 987 ( 9.0%) |
| Median Home Value | $209,041 |
| Average Home Value | $263,197 |
Housing Distribution
Address Breakdown
Residential
10,138
Single Family
9,381
Multi-Family
757
Businesses
692
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