6980A Kenny Lundy 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 6980A Kenny Lundy Rd, Theodore, AL, 36582 priced at $130,000 converts $1,027/mo rent into $287/mo cash flow after a $636/mo obligation. Total monthly income equals $1,027/mo, and annual cash flow totals $3,444/yr on $43,095 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 9.48% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 145.05% and total cumulative return in cash sums $62,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,027/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 2006
2.05 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: Evan Templeton • eXp Realty Southern Branch
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #375989
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