6285 Oakland 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
Investment property for sale in Theodore at 6285 Oakland Ct, Theodore, AL, 36582 listed at $196,900 pairs $1,800/mo rent with a $964/mo payment to leave $661/mo cash flow. Total monthly income runs $1,800/mo, and annual cash flow reaches $7,930/yr on $65,272 cash to close. Return on cash invested measures 32.06% in year one, and rental yield registers 10.97% at a $196,900 basis. Equity gained on principal adds $1,271/yr, and annual property appreciation at 5% supports $54,400 by year five. Five-year ROI tracks 167.47% and total cumulative return in cash totals $109,315. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $964/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$330 annually 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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Listed by: Joe Giles • DHI Realty of Alabama LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7493554
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.