5295 Fletching CtTheodoreAL36582
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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 5295 Fletching Ct, Theodore, AL, 36582 offers $2,776/mo rent that, after a $1,465/mo payment, leaves $1,087/mo cash flow. Total monthly income is $2,776/mo, and annual cash flow is $13,038/yr on $99,224 cash. Return on cash invested measures 33.05% in year one, and rental yield stands at 11.13% at a $299,319 entry. Equity gained on principal adds $1,931/yr while 5% annual appreciation compounds into $82,696 by year five. Five-year ROI records 172.62% and total cumulative return in cash reaches $171,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,776/mo property income versus a $1,465/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.35 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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