6501 Barnes 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
Rental property for sale in Theodore at 6501 Barnes Rd, Theodore, AL, 36582 priced at $170,000 pairs $1,422/mo rent with $463/mo cash flow after a $832/mo payment. Total monthly income equals $1,422/mo, and annual cash flow comes to $5,550/yr on $56,355 invested. Return on cash invested is 29.76% in year one, and rental yield stands at 10.04% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 154.99% and total cumulative return in cash reaches $87,345. For financing, Ziffy Mortgage’s DSCR program evaluates $1,422/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.83 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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Listed by: Ashley Holmes • EXIT Realty Lyon & Assoc.Fhope
Mls Name: GCMLS
Mls Provider:
Mls ID: #7457616
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