Real Estate Investment Properties for Sale in Theodore, AL

Looking for investment property in Theodore, AL with high ROI ?

Explore a variety of short-term homes & houses in Theodore, AL. Invest wisely with VRBO & Theodore, AL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Theodore, AL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5380 Ruger Court Theodore, AL VRM$199,000-$220,000 Welcome to this beautiful 3-bedroom, 2.5-bathroom home nestled in...	3 beds \| 3 baths \| N/A	$199,220	Airbnb cash on cash: 5.52% Traditional cash on cash: 8.47% Airbnb Rental Income: $1933 Traditional Rental Income: $1981 Airbnb ROI: 5.52% Traditional ROI: 8.47%
8216 Old Pascagoula Road Theodore, AL This single family home is located in Theodore. It features an estimated 1,630 square feet...	3 beds \| 2 baths \| N/A	$205,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 6.89% Airbnb Rental Income: $1933 Traditional Rental Income: $1707 Airbnb ROI: 5.42% Traditional ROI: 6.89%
8770 HUNTERS POINTE DR N Theodore, AL Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2 baths \| 1,716 sq.ft.	$164,000	Airbnb cash on cash: 7.34% Traditional cash on cash: 9.03% Airbnb Rental Income: $1933 Traditional Rental Income: $1686 Airbnb ROI: 7.34% Traditional ROI: 9.03%
7057 Arbor Drive Theodore, AL Welcome to your new home in Theodore Highlands! This stunning 3-bedroom, 2-bathroom gem bo...	3 beds \| 2 baths \| N/A	$222,900	Airbnb cash on cash: 5.15% Traditional cash on cash: 5.75% Airbnb Rental Income: $1933 Traditional Rental Income: $1549 Airbnb ROI: 5.15% Traditional ROI: 5.75%
4851 Lesure Road Theodore, AL This is a great home with 3 bedrooms, 2 full baths, and a designated office space. All thr...	3 beds \| 2 baths \| 2,414 sq.ft.	$213,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 8.54% Airbnb Rental Income: $1933 Traditional Rental Income: $2052 Airbnb ROI: 5.42% Traditional ROI: 8.54%
5650 Quail Run W Theodore, AL THE MOST OPEN CONCEPT YOU WILL FIND! GIGANTIC GREAT ROOM with VAULTED CEILINGS makes the r...	4 beds \| 2 baths \| N/A	$246,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.53% Airbnb Rental Income: $null Traditional Rental Income: $1945 Airbnb ROI: N/A Traditional ROI: 6.53%
5565 Dawes Lane Extension Theodore, AL This home offers enjoyment while sitting on the patio with morning coffee, lake fishing, s...	4 beds \| 3 baths \| 2,858 sq.ft.	$537,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $2705 Airbnb ROI: N/A Traditional ROI: 3.04%
6401 Creel Road Theodore, AL Value Range Marketing Seller will entertain offers between $350,000-$370,000. You must...	4 beds \| 4 baths \| N/A	$350,370	Airbnb cash on cash: N/A Traditional cash on cash: 8.96% Airbnb Rental Income: $null Traditional Rental Income: $3507 Airbnb ROI: N/A Traditional ROI: 8.96%
9255 Old Pascagoula Road Theodore, AL LAWN OF THE YEAR CANDIDATE! Over one third of an acre on level lot. SPLIT FLOOR PLAN! EXTR...	3 beds \| 2 baths \| N/A	$220,229	Airbnb cash on cash: 4.96% Traditional cash on cash: 5.66% Airbnb Rental Income: $1933 Traditional Rental Income: $1568 Airbnb ROI: 4.96% Traditional ROI: 5.66%
11753 West Gate Drive Theodore, AL *VRM: Sellers will entertain offers between $549,000 and $577,000*This beautiful home ...	4 beds \| 3 baths \| N/A	$549,577	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 3.21%
6959 March Woods Court Theodore, AL Welcome to March Woods, where security meets serenity in this gated community. Nestled wit...	3 beds \| 2 baths \| N/A	$133,500	Airbnb cash on cash: 8.83% Traditional cash on cash: 11% Airbnb Rental Income: $1933 Traditional Rental Income: $1700 Airbnb ROI: 8.83% Traditional ROI: 11%
5159 Mossberg Drive E Theodore, AL What are you waiting for, this one is Excellent and Move-In Ready!! A wonderful one level...	4 beds \| 3 baths \| N/A	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2412 Airbnb ROI: N/A Traditional ROI: 5.9%
7441 Pinewood Drive Theodore, AL THIS PROPERTY ALSO INCLUDES PARCEL #38-02-09-3-002-013. THIS 3 BEDROOM 2 BATH BRICK HOME H...	3 beds \| 2 baths \| N/A	$249,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 5.43% Airbnb Rental Income: $1933 Traditional Rental Income: $1701 Airbnb ROI: 4.24% Traditional ROI: 5.43%
5746 Rabbit Creek Drive Theodore, AL **Value Range Marketing: Seller is entertaining offers from $369,900 - $389,900. The lower...	3 beds \| 2 baths \| N/A	$369,389	Airbnb cash on cash: 2.42% Traditional cash on cash: 3.59% Airbnb Rental Income: $1933 Traditional Rental Income: $1827 Airbnb ROI: 2.42% Traditional ROI: 3.59%
3286 Fontaine Drive N Theodore, AL Looking for a large space at a great price and just 15 minutes from Dauphin Island and a s...	5 beds \| 3 baths \| N/A	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $2612 Airbnb ROI: N/A Traditional ROI: 9.06%
11463 Getchell Drive Theodore, AL This stunning custom-built home, nestled along the serene shores of Fowl River, is the epi...	4 beds \| 4 baths \| N/A	$969,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $3360 Airbnb ROI: N/A Traditional ROI: 2.3%
5683 Riverwood Circle E Theodore, AL !!PRICE REDUCED!! Start the New Year in a New Home....Let's make a DEAL....Welcome to a t...	4 beds \| 6 baths \| N/A	$769,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $6165 Airbnb ROI: N/A Traditional ROI: 6.98%
6137 Stream Bank Drive Theodore, AL **Welcome to 6137 Stream Bank. The Cali Plan boasts an open floor plan with 4 bedrooms and...	4 beds \| 2 baths \| N/A	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $2013 Airbnb ROI: N/A Traditional ROI: 6.16%
10576 Pioneer Road Theodore, AL CHARMING COASTAL FARMHOUSE MINUTES FROM FOWL RIVER AND DAUPHIN ISLAND! Discover your dream...	4 beds \| 2 baths \| N/A	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2059 Airbnb ROI: N/A Traditional ROI: 8.09%
3754 Riverwood Circle S Theodore, AL Discover the epitome of elegance in this remarkable 4-bedroom, 3-bath craftsman style home...	4 beds \| 3 baths \| N/A	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $2708 Airbnb ROI: N/A Traditional ROI: 2.97%
5289 Mossberg Drive S Theodore, AL Hunter's Cove is conveniently located off I-10. Immaculate one level, brick home. Very Wal...	4 beds \| 2 baths \| N/A	$294,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $1952 Airbnb ROI: N/A Traditional ROI: 5.24%
9245 Lawrence Steiner Road E Theodore, AL GORGEOUS MOVE IN READY WATERFRONT HOME ON A PAVED (LOW TRAFFIC) STREET! COME RELAX ON THE ...	3 beds \| 3 baths \| N/A	$479,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.89% Airbnb Rental Income: $1933 Traditional Rental Income: $2541 Airbnb ROI: 1.4% Traditional ROI: 3.89%
10150 March Pointe Drive Theodore, AL Welcome to 10150 March Pointe Drive, Theodore's newest gem. Priced at $199,900, this exqui...	3 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 5.45% Traditional cash on cash: 6.35% Airbnb Rental Income: $1933 Traditional Rental Income: $1594 Airbnb ROI: 5.45% Traditional ROI: 6.35%
10177 Bellingrath Road Theodore, AL Eligible for 100% Financing (ZERO downpayment) for qualified buyers through the USDA home ...	3 beds \| 2 baths \| N/A	$360,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 2.6% Airbnb Rental Income: $1933 Traditional Rental Income: $1447 Airbnb ROI: 2.52% Traditional ROI: 2.6%
3744 Riverwood Circle Theodore, AL HELLO WATER ENTHUSIASTS...This home includes DEEDED BOAT SLIP with LIFT! This GOLD FORTIFI...	4 beds \| 3 baths \| 3,121 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 2.77%
6450 Creel Road Theodore, AL Gorgeous 5 bedroom 3 1/2 bath on 2.98 Acres with a country feel close to shopping, Restaur...	5 beds \| 4 baths \| 3,288 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $3594 Airbnb ROI: N/A Traditional ROI: 5.59%
5500 Quail Run W Theodore, AL *PRICE DROP*Don't miss out on this charming brick home that offers unbeatable value an...	3 beds \| 2 baths \| N/A	$224,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 5.58% Airbnb Rental Income: $1933 Traditional Rental Income: $1583 Airbnb ROI: 4.82% Traditional ROI: 5.58%
5280 Gamepoint Drive W Theodore, AL **Welcome to Your New Home in the Sought-After Hunter's Cove Subdivision! This beautifully...	4 beds \| 2 baths \| N/A	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $1950 Airbnb ROI: N/A Traditional ROI: 5.68%
7272 Old Pascagoula Road Theodore, AL Convenient to I-10 and Schillinger Road, this newly remodeled 3 bedroom 2 bathroom home is...	3 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: 5.72% Traditional cash on cash: 6.67% Airbnb Rental Income: $1933 Traditional Rental Income: $1603 Airbnb ROI: 5.72% Traditional ROI: 6.67%
7595 Bracklyn Court Theodore, AL Welcome to 7595 Bracklyn Court residing in the Bellingrath Road Country Club Estates. Thi...	3 beds \| 2 baths \| N/A	$205,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 6.61% Airbnb Rental Income: $1933 Traditional Rental Income: $1638 Airbnb ROI: 5.5% Traditional ROI: 6.61%
7230 Pinewood Drive Theodore, AL ***This property qualifies for the Mobile County Downpayment assistance program of up to $...	4 beds \| 1 baths \| N/A	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 5.76%
4615 Gulf Park Drive S Theodore, AL Discover this stunning home built in 2021, featuring low-maintenance Hardie board siding a...	3 beds \| 4 baths \| N/A	$649,699	Airbnb cash on cash: 0.78% Traditional cash on cash: 1.93% Airbnb Rental Income: $1933 Traditional Rental Income: $2117 Airbnb ROI: 0.78% Traditional ROI: 1.93%
5260 Gamepoint Drive W Theodore, AL ***SELLER WILL ENTERTAIN OFFERS BETWEEN THE HIGHER AND LOWER PVRM RANGE OF $299,000-$339,0...	4 beds \| 2 baths \| N/A	$299,339	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 5.8%
11301 Getchell Drive Theodore, AL Nestled along the serene shores of Fowl River, this captivating residence epitomizes water...	5 beds \| 4 baths \| 4,167 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $3933 Airbnb ROI: N/A Traditional ROI: 3.18%
5618 Leytham Road Theodore, AL Welcome home to 5618 Leytham Road, privately situated on 12.6 acres is where you'll find t...	3 beds \| 2 baths \| 2,650 sq.ft.	$594,500	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.3% Airbnb Rental Income: $1933 Traditional Rental Income: $2152 Airbnb ROI: 0.99% Traditional ROI: 2.3%
3670 River Chase Court Theodore, AL 143' Waterfront on Canal leading to Fowl River! NOT IN FLOOD ZONE! 10K LB boat lift! This ...	4 beds \| 3 baths \| 3,104 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A Traditional ROI: 4.25%
5535 Quail Run E Theodore, AL VRM: Seller will entertain offers from $189,000-$219,000 Charming Home with Spacious ...	3 beds \| 2 baths \| N/A	$189,219	Airbnb cash on cash: 6.13% Traditional cash on cash: 6.39% Airbnb Rental Income: $1933 Traditional Rental Income: $1468 Airbnb ROI: 6.13% Traditional ROI: 6.39%
4861 Dan Williams Road Theodore, AL This fully renovated 3-bedroom, 1-bathroom home is a perfect opportunity for first-time ho...	3 beds \| 1 baths \| N/A	$119,500	Airbnb cash on cash: 9.58% Traditional cash on cash: 9.43% Airbnb Rental Income: $1933 Traditional Rental Income: $1405 Airbnb ROI: 9.58% Traditional ROI: 9.43%

Real Estate investment in Theodore, AL

There are 39 properties for sale in the city of Theodore . The median list price in Theodore is $246,900 and the average price per square foot is $87. In December 2024, the average monthly cash on cash return in Theodore is 6.00%. The average monthly rental income in Theodore is $2,020.

Theodore, AL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 39 investment properties available for sale in Theodore.

In 2024, the best neighborhood to buy investment property is Westfield.

The ROI for Long-Term is higher than the Short-Term in Theodore with average rental income of $2,020.

Your search for investment property begins and ends here

Investment Property for Sale in Theodore, AL

5380 Ruger Court

Theodore, AL

3 beds | 3 baths | N/A

$199,220

Airbnb cash on cash: 5.52%

Traditional cash on cash: 8.47%

Airbnb Rental Income: $1933

Traditional Rental Income: $1981

Airbnb ROI: 5.52%

Traditional ROI: 8.47%

8216 Old Pascagoula Road

Theodore, AL

3 beds | 2 baths | N/A

$205,000

Airbnb cash on cash: 5.42%

Traditional cash on cash: 6.89%

Airbnb Rental Income: $1933

Traditional Rental Income: $1707

Airbnb ROI: 5.42%

Traditional ROI: 6.89%

8770 HUNTERS POINTE DR N

Theodore, AL

3 beds | 2 baths | 1,716 sq.ft.

$164,000

Airbnb cash on cash: 7.34%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $1933

Traditional Rental Income: $1686

Airbnb ROI: 7.34%

Traditional ROI: 9.03%

7057 Arbor Drive

Theodore, AL

3 beds | 2 baths | N/A

$222,900

Airbnb cash on cash: 5.15%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $1933

Traditional Rental Income: $1549

Airbnb ROI: 5.15%

Traditional ROI: 5.75%

4851 Lesure Road

Theodore, AL

3 beds | 2 baths | 2,414 sq.ft.

$213,000

Airbnb cash on cash: 5.42%

Traditional cash on cash: 8.54%

Airbnb Rental Income: $1933

Traditional Rental Income: $2052

Airbnb ROI: 5.42%

Traditional ROI: 8.54%

5650 Quail Run W

Theodore, AL

4 beds | 2 baths | N/A

$246,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.53%

Airbnb Rental Income: $null

Traditional Rental Income: $1945

Airbnb ROI: N/A

Traditional ROI: 6.53%

5565 Dawes Lane Extension

Theodore, AL

4 beds | 3 baths | 2,858 sq.ft.

$537,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2705

Airbnb ROI: N/A

Traditional ROI: 3.04%

6401 Creel Road

Theodore, AL

4 beds | 4 baths | N/A

$350,370

Airbnb cash on cash: N/A

Traditional cash on cash: 8.96%

Airbnb Rental Income: $null

Traditional Rental Income: $3507

Airbnb ROI: N/A