10960 Thomas RdTheodoreAL36582
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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
Investment property for sale in Theodore at 10960 Thomas Rd, Theodore, AL, 36582 earns $359/mo cash flow from $1,403/mo rent with a $905/mo payment. Total monthly income totals $1,403/mo, and annual cash flow totals $4,312/yr on $61,294 capital. ROI tracks 26.94% on current figures, and rental yield reads 9.11% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash sums $85,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,403/mo property income instead of your personal income.
Single Family
Built in 1955
1 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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