7563 Willard Dr WTheodoreAL36582
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing7563 Willard Dr W, Theodore, AL, 36582 in Theodore is a stable, well-positioned rental at $239,000. It generates $1,376/mo in gross rent, nets $27/mo after debt service, and carries a 6.91% yield suited to conservative, capital-preservation strategies. DSCR 1.28 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $66,031 in value and $2,201/yr in principal paydown builds equity, a total projected return of $91,789.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 7.0% |
| Monthly Cash Flow | $27 | $400 |
City averages based on Theodore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,376 |
| Total Monthly Debt Service | $1,254 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
0.28 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
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
Single Family
Built in 1999
0.28 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