7846 Monterey DrTheodoreAL36582
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
Investment Highlights
Investment property for sale in Theodore at 7846 Monterey Dr, Theodore, AL, 36582 listed at $235,900 pairs $2,130/mo rent with a $1,155/mo payment to leave $771/mo cash flow. Total monthly income runs $2,130/mo, and annual cash flow reaches $9,247/yr on $78,201 cash to close. Return on cash invested measures 31.73% in year one, and rental yield registers 10.84% at a $235,900 basis. Equity gained on principal adds $1,522/yr, and annual property appreciation at 5% supports $65,175 by year five. Five-year ROI tracks 165.73% and total cumulative return in cash totals $129,599. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,130/mo property income relative to a $1,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$330 annually 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
Listed by: Jennie Ely • DHI Realty of Alabama LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7667580
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.