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
8255 SAVAGE LOOP Theodore, AL Great Investment Opportunity, Fix and Flip or build sweat equity! 3 bedroom 2 bath in Hu...	3 beds \| 2 baths \| N/A	$157,500	Airbnb cash on cash: 6.06% Traditional cash on cash: 7.81% Airbnb Rental Income: $1688 Traditional Rental Income: $1482 Airbnb ROI: 6.06% Traditional ROI: 7.81%
4620 Dresden Drive Theodore, AL This stunning 4-bedroom, 2-bath home sits on a double lot surrounded by lush greenery and ...	4 beds \| 2 baths \| N/A	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $1820 Airbnb ROI: N/A Traditional ROI: 2.69%
4551 Fowl River Road Theodore, AL Looking for an affordable home on Fowl River with water access to anywhere in the world? H...	3 beds \| 2 baths \| N/A	$219,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 7.77% Airbnb Rental Income: $1688 Traditional Rental Income: $1998 Airbnb ROI: 4.01% Traditional ROI: 7.77%
8179 Cheyenne Street S Theodore, AL Welcome to 8179 Cheyenne Street South. Large covered front porch walking into the foyer t...	3 beds \| 2 baths \| N/A	$210,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 5.72% Airbnb Rental Income: $1688 Traditional Rental Income: $1497 Airbnb ROI: 4.31% Traditional ROI: 5.72%
2751 Beach Avenue Theodore, AL Where do these words take you: water, waves, breeze, ships, relaxation, peaceful, retreat?...	3 beds \| 2 baths \| 1,602 sq.ft.	$465,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.9% Airbnb Rental Income: $1688 Traditional Rental Income: $1967 Airbnb ROI: 1.18% Traditional ROI: 2.9%
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: 6.04% Traditional cash on cash: 9.03% Airbnb Rental Income: $1688 Traditional Rental Income: $1686 Airbnb ROI: 6.04% Traditional ROI: 9.03%
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	$230,245	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $1945 Airbnb ROI: N/A Traditional ROI: 7.09%
6570 Rabbit Ct. Theodore, AL Nice, updated 3-bedroom, 2 bath, brick home located on at the end of a cul-de-sac. Move in...	3 beds \| 2 baths \| 1,242 sq.ft.	$218,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 5.09% Airbnb Rental Income: $1688 Traditional Rental Income: $1458 Airbnb ROI: 3.93% Traditional ROI: 5.09%
8675 Hunters Pointe Drive N Theodore, AL Step into a home that gives you the space and flexibility youâve been looking for. This ...	3 beds \| 2 baths \| N/A	$145,000	Airbnb cash on cash: 6.68% Traditional cash on cash: 9.47% Airbnb Rental Income: $1688 Traditional Rental Income: $1606 Airbnb ROI: 6.68% Traditional ROI: 9.47%
5893a Harmon Lane Theodore, AL This 3 bedroom, 2 bathroom home sits on a large, private lot offering plenty of space to r...	3 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 3.67% Airbnb Rental Income: $1688 Traditional Rental Income: $1292 Airbnb ROI: 3.36% Traditional ROI: 3.67%
9951 March Pointe Drive Theodore, AL 2022 model in gated neighborhood! Welcome to beautiful March Woods, a gated mobile home co...	3 beds \| 2 baths \| N/A	$139,900	Airbnb cash on cash: 6.83% Traditional cash on cash: 8.93% Airbnb Rental Income: $1688 Traditional Rental Income: $1500 Airbnb ROI: 6.83% Traditional ROI: 8.93%
6820 Rester Road Theodore, AL Don't miss this incredible opportunity in Theodore! This 3-bedroom, 1-bath home offers com...	3 beds \| 1 baths \| 1,116 sq.ft.	$150,000	Airbnb cash on cash: 6.45% Traditional cash on cash: 5.17% Airbnb Rental Income: $1688 Traditional Rental Income: $1035 Airbnb ROI: 6.45% Traditional ROI: 5.17%
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	$563,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 3.1%
3286 Fontaine Drive N Theodore, AL Looking for a large space at a great price, just 15 minutes from Dauphin Island, a short d...	5 beds \| 3 baths \| N/A	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.22% Airbnb Rental Income: $null Traditional Rental Income: $2612 Airbnb ROI: N/A Traditional ROI: 10.22%
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.	$530,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $3594 Airbnb ROI: N/A Traditional ROI: 5.66%
4652 Diamond Avenue Theodore, AL Four bedroom, 2 bath home sitting on a large corner lot! Newer vinyl flooring in the livi...	4 beds \| 2 baths \| 1,620 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $1851 Airbnb ROI: N/A Traditional ROI: 6.67%
7787 Bellingrath Road Theodore, AL Nestled on 9.18 private acres, this charming 3-bedroom, 2-bath single-family home offers t...	3 beds \| 2 baths \| 1,860 sq.ft.	$310,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.7% Airbnb Rental Income: $1688 Traditional Rental Income: $1554 Airbnb ROI: 2.55% Traditional ROI: 3.7%
6355 Roundtree Court Theodore, AL Very Motivated Seller. This gem is nestled in a quiet cul-de-sac and offers an exceptional...	4 beds \| 4 baths \| N/A	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 10.51% Airbnb Rental Income: $null Traditional Rental Income: $3452 Airbnb ROI: N/A Traditional ROI: 10.51%
8300 Lake Ponchartrain Drive Theodore, AL VALUE RANGE PRICING. SELLER TO CONSIDER OFFERS FROM $249,000-$274,000, THE LOWER AND UPPER...	4 beds \| 3 baths \| N/A	$249,274	Airbnb cash on cash: N/A Traditional cash on cash: 9.45% Airbnb Rental Income: $null Traditional Rental Income: $2650 Airbnb ROI: N/A Traditional ROI: 9.45%
5650 Quail Run Theodore, AL THE MOST OPEN CONCEPT YOU WILL FIND! GIGANTIC GREAT ROOM with VAULTED CEILINGS makes the r...	4 beds \| 2 baths \| 1,965 sq.ft.	$230,245	Airbnb cash on cash: N/A Traditional cash on cash: 7.33% Airbnb Rental Income: $null Traditional Rental Income: $2000 Airbnb ROI: N/A Traditional ROI: 7.33%
4100 River Road Theodore, AL One-of-a-Kind Country Oasis with a stunning pond view. This gorgeous, one of a kind home ...	3 beds \| 2 baths \| N/A	$499,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 2.61% Airbnb Rental Income: $1688 Traditional Rental Income: $1784 Airbnb ROI: 1.4% Traditional ROI: 2.61%
3765 Rabbit Creek Court Theodore, AL Motivated Sellers! Waterfront Property on Rabbit Creek â Endless Potential! Discover 3...	3 beds \| 2 baths \| 2,216 sq.ft.	$385,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 4.09% Airbnb Rental Income: $1688 Traditional Rental Income: $1996 Airbnb ROI: 1.94% Traditional ROI: 4.09%
7465 Bowers Lane Theodore, AL Available for purchase is a renovated three bedroom and two bathroom home. The home has b...	3 beds \| 2 baths \| N/A	$179,800	Airbnb cash on cash: 5.02% Traditional cash on cash: 6.33% Airbnb Rental Income: $1688 Traditional Rental Income: $1442 Airbnb ROI: 5.02% Traditional ROI: 6.33%
3626 Mr Johnny Road Theodore, AL Looking for a place to relax and entertain friends and family on Beautiful Fowl River. Thi...	3 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 6.04% Airbnb Rental Income: $1688 Traditional Rental Income: $2493 Airbnb ROI: 2.16% Traditional ROI: 6.04%
9501 Ben Hamilton Road Theodore, AL Spectacular 2023 custom-built home situated on 5.5 acresâpartially cleared and partially...	4 beds \| 5 baths \| N/A	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $4961 Airbnb ROI: N/A Traditional ROI: 1.82%
7795 Bellingrath Road Theodore, AL Fully Renovated & Move-In Ready! This 3 bed/2 bath home is conveniently located just a sho...	3 beds \| 2 baths \| N/A	$159,900	Airbnb cash on cash: 5.94% Traditional cash on cash: 6.62% Airbnb Rental Income: $1688 Traditional Rental Income: $1321 Airbnb ROI: 5.94% Traditional ROI: 6.62%
8871 Green Valley Drive Theodore, AL NEED A TEEN OR IN-LAW SUITE? WANT INCOME PRODUCING POTENTIAL?? LOOK NO FURTHER!!! This spa...	4 beds \| 3 baths \| N/A	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $2609 Airbnb ROI: N/A Traditional ROI: 6.48%
7760 Bellingrath Road Theodore, AL Beautiful, well-maintained single-family ranch home in the desirable Bell Aire neighborhoo...	3 beds \| 2 baths \| 1,561 sq.ft.	$139,900	Airbnb cash on cash: 7.11% Traditional cash on cash: 10.13% Airbnb Rental Income: $1688 Traditional Rental Income: $1622 Airbnb ROI: 7.11% Traditional ROI: 10.13%
8025 Huber Road Theodore, AL Discover the perfect blend of charm and opportunity with this 3 Bedroom, 1 Bath, 960 sq ft...	3 beds \| 1 baths \| N/A	$134,900	Airbnb cash on cash: 7.27% Traditional cash on cash: 8.8% Airbnb Rental Income: $1688 Traditional Rental Income: $1416 Airbnb ROI: 7.27% Traditional ROI: 8.8%
5517 Rabbit Creek Drive Theodore, AL ***VRM Value Range Marketing. Sellers will entertain offers between $585,000 and $605,000...	4 beds \| 3 baths \| N/A	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $2804 Airbnb ROI: N/A Traditional ROI: 3.37%
3216 Bay Booster Club Road Theodore, AL Value Range Marketing. MOTIVATED Seller entertaining offers from $400,000 to $444,000. Thi...	3 beds \| 2 baths \| N/A	$400,444	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.09% Airbnb Rental Income: $1688 Traditional Rental Income: $1814 Airbnb ROI: 1.51% Traditional ROI: 3.09%
6631 Sandra Drive Theodore, AL Awesome opportunity for any buyer looking Swedetown/Nan Gray Davis community in Theodore. ...	3 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 4.52% Traditional cash on cash: 8.65% Airbnb Rental Income: $1688 Traditional Rental Income: $2002 Airbnb ROI: 4.52% Traditional ROI: 8.65%
0 Dawes Creek Drive Theodore, AL USDA Eligible....100% financing if qualified... Home to be built on last lot in Dawes Cree...	4 beds \| 2 baths \| N/A	$451,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.25% Airbnb Rental Income: $null Traditional Rental Income: $1915 Airbnb ROI: N/A Traditional ROI: 3.25%
5551 Springer Court Theodore, AL Spacious, low-maintenance brick home on a large, fenced backyard, end-of-cul-de-sac lot. P...	4 beds \| 2 baths \| 1,702 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.65% Airbnb Rental Income: $null Traditional Rental Income: $2007 Airbnb ROI: N/A Traditional ROI: 7.65%
6847 San Marino Drive Theodore, AL Looking for a move-in ready home your wallet will like? Welcome Home to this charming cott...	3 beds \| 2 baths \| 1,168 sq.ft.	$124,500	Airbnb cash on cash: 7.96% Traditional cash on cash: 11.64% Airbnb Rental Income: $1688 Traditional Rental Income: $1659 Airbnb ROI: 7.96% Traditional ROI: 11.64%
7563 Willard Drive W Theodore, AL Updated!!! Beautiful remodeled 3 bedrooms / 2 baths home nestled in the very quiet nice ne...	3 beds \| 2 baths \| N/A	$239,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 5.63% Airbnb Rental Income: $1688 Traditional Rental Income: $1685 Airbnb ROI: 3.56% Traditional ROI: 5.63%
11260 Dauphin Island Parkway Theodore, AL Opportunity in Theodore with strong visibility and easy access to Dauphin Island Parkway. ...	4 beds \| 2 baths \| 1,493 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $1811 Airbnb ROI: N/A Traditional ROI: 9.22%

Real Estate investment in Theodore, AL

There are 60 properties for sale in the city of Theodore . The median list price in Theodore is $200,000 and the average price per square foot is $169. In January 2026, the average monthly cash on cash return in Theodore is 6.00%. The average monthly rental income in Theodore is $1,627.

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

There are 60 investment properties available for sale in Theodore.

In 2026, 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 $1,627.

Your search for investment property begins and ends here

Investment Property for Sale in Theodore, AL

8255 SAVAGE LOOP

Theodore, AL

3 beds | 2 baths | N/A

$157,500

Airbnb cash on cash: 6.06%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $1688

Traditional Rental Income: $1482

Airbnb ROI: 6.06%

Traditional ROI: 7.81%

4620 Dresden Drive

Theodore, AL

4 beds | 2 baths | N/A

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1820

Airbnb ROI: N/A

Traditional ROI: 2.69%

4551 Fowl River Road

Theodore, AL

3 beds | 2 baths | N/A

$219,000

Airbnb cash on cash: 4.01%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $1688

Traditional Rental Income: $1998

Airbnb ROI: 4.01%

Traditional ROI: 7.77%

8179 Cheyenne Street S

Theodore, AL

3 beds | 2 baths | N/A

$210,000

Airbnb cash on cash: 4.31%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1688

Traditional Rental Income: $1497

Airbnb ROI: 4.31%

Traditional ROI: 5.72%

2751 Beach Avenue

Theodore, AL

3 beds | 2 baths | 1,602 sq.ft.

$465,000

Airbnb cash on cash: 1.18%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $1688

Traditional Rental Income: $1967

Airbnb ROI: 1.18%

Traditional ROI: 2.9%

8770 HUNTERS POINTE DR N

Theodore, AL

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

$164,000

Airbnb cash on cash: 6.04%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $1688

Traditional Rental Income: $1686

Airbnb ROI: 6.04%

Traditional ROI: 9.03%

5650 Quail Run W

Theodore, AL

4 beds | 2 baths | N/A

$230,245

Airbnb cash on cash: N/A

Traditional cash on cash: 7.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1945

Airbnb ROI: N/A

Traditional ROI: 7.09%

6570 Rabbit Ct.

Theodore, AL

3 beds | 2 baths | 1,242 sq.ft.

$218,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1688

Traditional Rental Income: $1458

Airbnb ROI: 3.93%