6820 Rester RdTheodoreAL36582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6820 Rester Rd, Theodore, AL, 36582 uses $49,725 cash to close to unlock $3,522/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $734/mo payment keeps the spread at $294/mo. Purchase price stands at $150,000, and rental yield measures 9.12% with $1,140/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 140.15% and total cumulative return in cash records $69,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1986
1.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices