7347 Broadview Dr ETheodoreAL36582
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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 7347 Broadview Dr E, Theodore, AL, 36582 offers a 9.43% rental yield on a $115,000 purchase with $904/mo rent. Total monthly income registers $904/mo, and a $563/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,057/yr on $38,123 to close, and return on cash invested stands at 27.93% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 145.14% and total cumulative return in cash at $55,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $904/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.55 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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