7611 Heaton 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
Rental property for sale in Theodore at 7611 Heaton Dr E, Theodore, AL, 36582 generates $933/mo in rent and, after a $587/mo payment, leaves $256/mo in cash flow. Total monthly income is $933/mo, and annual cash flow is $3,072/yr on $39,780 invested. Return on cash invested sits at 27.63% in year one, and rental yield is 9.33% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 143.52% and total cumulative return in cash sums $57,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $933/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.35 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: Steven Koleno • Beycome Brokerage Realty LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7511022
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.