2924 Riverview Pointe Dr STheodoreAL36582
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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 2924 Riverview Pointe Dr S, Theodore, AL, 36582 listed at $1,990,230 pairs $6,336/mo rent with a $9,741/mo payment. Total monthly income runs $6,336/mo. Return on cash invested measures 11.26% in year one, and rental yield registers 3.82% at a $1,990,230 basis. Equity gained on principal adds $12,843/yr, and annual property appreciation at 5% supports $549,864 by year five. Five-year ROI tracks 55.61% and total cumulative return in cash totals $358,596. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,336/mo property income relative to a $9,741/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
4 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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