8020 Oak Bend DrTheodoreAL36582
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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 8020 Oak Bend Dr, Theodore, AL, 36582 priced at $220,000 converts $1,886/mo rent into $644/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,886/mo, and annual cash flow totals $7,728/yr on $72,930 invested. Return on cash invested prints 30.51% in year one, and rental yield reads 10.29% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 158.93% and total cumulative return in cash sums $115,907. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,886/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.40 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: Marla Rogers • MarMac Real Estate Coastal
Mls Name: GCMLS
Mls Provider:
Mls ID: #7552081
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.