6047 Lundy Rd, Theodore, AL, 36582 | 6.67% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Theodore at 6047 Lundy Rd, Theodore, AL, 36582 generates $1,800/mo in rent, after a $1,585/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 19.6% in year one, and rental yield is 6.67% on a $323,840 entry. Equity gained on principal adds $2,090/yr, while 5% annual appreciation builds toward $89,471 over five years. Five-year ROI reaches 100.5% and total cumulative return in cash sums $107,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.49 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