7575 Kelcey CtTheodoreAL36582
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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 7575 Kelcey Ct, Theodore, AL, 36582 uses $80,631 cash to close to unlock $5,131/yr annual cash flow and $428/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,191/mo payment keeps the spread at $428/mo. Purchase price stands at $243,232, and rental yield measures 8.88% with $1,800/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $67,201 over five years. Five-year ROI reaches 136.28% and total cumulative return in cash records $109,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,191/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,583 sqft 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: Rhonda Ounanian • Adams Homes LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7508338
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.