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
7602 Willard Drive W Theodore, AL **Value Range Marketing: Seller is entertaining offers from $209,900 - $229,900. The lower...	4 beds \| 3 baths \| N/A	$209,229	Airbnb cash on cash: N/A Traditional cash on cash: 11.3% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 11.3%
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: 5.4% Traditional cash on cash: 6.89% Airbnb Rental Income: $1927 Traditional Rental Income: $1707 Airbnb ROI: 5.4% Traditional ROI: 6.89%
7542 Willard Drive W Theodore, AL Welcome to 7542 Willard Dr W, a beautifully maintained 3-bedroom, 2-bathroom brick home on...	3 beds \| 2 baths \| N/A	$211,900	Airbnb cash on cash: 5.18% Traditional cash on cash: 5.95% Airbnb Rental Income: $1927 Traditional Rental Income: $1571 Airbnb ROI: 5.18% Traditional ROI: 5.95%
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: 7.31% Traditional cash on cash: 9.03% Airbnb Rental Income: $1927 Traditional Rental Income: $1686 Airbnb ROI: 7.31% 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: 5.13% Traditional cash on cash: 5.75% Airbnb Rental Income: $1927 Traditional Rental Income: $1549 Airbnb ROI: 5.13% 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.	$218,000	Airbnb cash on cash: 5.25% Traditional cash on cash: 8.33% Airbnb Rental Income: $1927 Traditional Rental Income: $2052 Airbnb ROI: 5.25% Traditional ROI: 8.33%
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	$225,233	Airbnb cash on cash: 4.8% Traditional cash on cash: 5.51% Airbnb Rental Income: $1927 Traditional Rental Income: $1568 Airbnb ROI: 4.8% Traditional ROI: 5.51%
11753 West Gate Drive Theodore, AL This beautiful home has had a refresh and is ready for you! Welcome to your dream home in ...	4 beds \| 3 baths \| N/A	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 2.9%
10197 Bellingrath Road Theodore, AL Recent price drop of $10,000!!! Motivated Sellers! Discover the epitome of elegance in thi...	4 beds \| 3 baths \| N/A	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $2464 Airbnb ROI: N/A Traditional ROI: 4.61%
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	$135,000	Airbnb cash on cash: 8.69% Traditional cash on cash: 10.87% Airbnb Rental Income: $1927 Traditional Rental Income: $1700 Airbnb ROI: 8.69% Traditional ROI: 10.87%
5159 Mossberg Drive E Theodore, AL Move-In Ready!! A wonderful one level brick home with commercial-grade LVP flooring throu...	4 beds \| 3 baths \| N/A	$338,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $2412 Airbnb ROI: N/A Traditional ROI: 5.81%
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: 4.22% Traditional cash on cash: 5.43% Airbnb Rental Income: $1927 Traditional Rental Income: $1701 Airbnb ROI: 4.22% 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: 2.41% Traditional cash on cash: 3.59% Airbnb Rental Income: $1927 Traditional Rental Income: $1827 Airbnb ROI: 2.41% 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%
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%
5631 Bob Street Theodore, AL	2 beds \| 1 baths \| N/A	$70,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.92% Airbnb Rental Income: $null Traditional Rental Income: $1020 Airbnb ROI: N/A Traditional ROI: 11.92%
10576 Pioneer Road Theodore, AL CHARMING COASTAL FARMHOUSE MINUTES FROM FOWL RIVER AND DAUPHIN ISLAND! Discover your drea...	4 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.89% Airbnb Rental Income: $null Traditional Rental Income: $2059 Airbnb ROI: N/A Traditional ROI: 7.89%
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%
6979 Hidden Pines Drive Theodore, AL COME SEE THIS HOME WITH NEWLY PAINTED EXTERIOR AND GARAGE DOOR ALSO A NEW AC ALL IN THE YE...	3 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: 5.75% Traditional cash on cash: 6.71% Airbnb Rental Income: $1927 Traditional Rental Income: $1599 Airbnb ROI: 5.75% Traditional ROI: 6.71%
6629 Woodside Court W Theodore, AL First Time Homebuyers! MOVE IN READY! USDA ELIGIBLE! 3-BDRM / 2-BTH home in a great Theodo...	3 beds \| 2 baths \| N/A	$207,000	Airbnb cash on cash: 5.33% Traditional cash on cash: 5.5% Airbnb Rental Income: $1927 Traditional Rental Income: $1451 Airbnb ROI: 5.33% Traditional ROI: 5.5%
7264 Broadview Drive W Theodore, AL * Value Range Pricing: the seller will entertain offers from $159,000 - $179,000 * Wel...	4 beds \| 2 baths \| N/A	$159,179	Airbnb cash on cash: N/A Traditional cash on cash: 11.28% Airbnb Rental Income: $null Traditional Rental Income: $2023 Airbnb ROI: N/A Traditional ROI: 11.28%
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: 1.38% Traditional cash on cash: 3.89% Airbnb Rental Income: $1927 Traditional Rental Income: $2541 Airbnb ROI: 1.38% 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: 5.42% Traditional cash on cash: 6.35% Airbnb Rental Income: $1927 Traditional Rental Income: $1594 Airbnb ROI: 5.42% Traditional ROI: 6.35%
5600 Mardanne Drive Theodore, AL Eligible for USDA financing! Cute as can be... Welcome Home....New roof, new HVAC, New lig...	3 beds \| 2 baths \| N/A	$159,900	Airbnb cash on cash: 7.34% Traditional cash on cash: 7.88% Airbnb Rental Income: $1927 Traditional Rental Income: $1500 Airbnb ROI: 7.34% Traditional ROI: 7.88%
6501 Barnes Road Theodore, AL Located in friendly neighborhood, this home offers a quiet escape while still being conven...	3 beds \| 1 baths \| N/A	$170,000	Airbnb cash on cash: 6.76% Traditional cash on cash: 5.92% Airbnb Rental Income: $1927 Traditional Rental Income: $1282 Airbnb ROI: 6.76% Traditional ROI: 5.92%
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: 2.51% Traditional cash on cash: 2.6% Airbnb Rental Income: $1927 Traditional Rental Income: $1447 Airbnb ROI: 2.51% Traditional ROI: 2.6%
3744 Riverwood Circle Theodore, AL Welcome to your dream home in Riverwood Estates! WATER ENTHUSIASTS...This home includes DE...	5 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 B.O.M....At no fault to Seller This charming brick home offers unbeatable value and si...	3 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 5.55% Airbnb Rental Income: $1927 Traditional Rental Income: $1583 Airbnb ROI: 4.77% Traditional ROI: 5.55%
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	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $1950 Airbnb ROI: N/A Traditional ROI: 5.66%
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	$215,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 6.12% Airbnb Rental Income: $1927 Traditional Rental Income: $1603 Airbnb ROI: 5.2% Traditional ROI: 6.12%
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: 5.47% Traditional cash on cash: 6.61% Airbnb Rental Income: $1927 Traditional Rental Income: $1638 Airbnb ROI: 5.47% Traditional ROI: 6.61%
7230 Pinewood Drive Theodore, AL Welcome to this move-in ready home in boasting recent updates, including fresh paint, new ...	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: $1927 Traditional Rental Income: $2117 Airbnb ROI: 0.78% Traditional ROI: 1.93%

Real Estate investment in Theodore, AL

There are 44 properties for sale in the city of Theodore . The median list price in Theodore is $225,000 and the average price per square foot is $82. In November 2024, the average monthly cash on cash return in Theodore is 6.00%. The average monthly rental income in Theodore is $1,952.

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

There are 44 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 $1,952.

Your search for investment property begins and ends here

Investment Property for Sale in Theodore, AL

7602 Willard Drive W

Theodore, AL

4 beds | 3 baths | N/A

$209,229

Airbnb cash on cash: N/A

Traditional cash on cash: 11.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2614

Airbnb ROI: N/A

Traditional ROI: 11.3%

8216 Old Pascagoula Road

Theodore, AL

3 beds | 2 baths | N/A

$205,000

Airbnb cash on cash: 5.4%

Traditional cash on cash: 6.89%

Airbnb Rental Income: $1927

Traditional Rental Income: $1707

Airbnb ROI: 5.4%

Traditional ROI: 6.89%

7542 Willard Drive W

Theodore, AL

3 beds | 2 baths | N/A

$211,900

Airbnb cash on cash: 5.18%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1927

Traditional Rental Income: $1571

Airbnb ROI: 5.18%

Traditional ROI: 5.95%

8770 HUNTERS POINTE DR N

Theodore, AL

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

$164,000

Airbnb cash on cash: 7.31%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $1927

Traditional Rental Income: $1686

Airbnb ROI: 7.31%

Traditional ROI: 9.03%

7057 Arbor Drive

Theodore, AL

3 beds | 2 baths | N/A

$222,900

Airbnb cash on cash: 5.13%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $1927

Traditional Rental Income: $1549

Airbnb ROI: 5.13%

Traditional ROI: 5.75%

4851 Lesure Road

Theodore, AL

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

$218,000

Airbnb cash on cash: 5.25%

Traditional cash on cash: 8.33%

Airbnb Rental Income: $1927

Traditional Rental Income: $2052

Airbnb ROI: 5.25%

Traditional ROI: 8.33%

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