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
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: 7.56% Traditional cash on cash: 6.89% Airbnb Rental Income: $2433 Traditional Rental Income: $1707 Airbnb ROI: 7.56% Traditional ROI: 6.89%
6920 Joy Court Theodore, AL Take advantage of this great opportunity to own this spacious home located minutes from I-...	4 beds \| 2 baths \| N/A	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $1961 Airbnb ROI: N/A Traditional ROI: 7.76%
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: 10% Traditional cash on cash: 9.03% Airbnb Rental Income: $2433 Traditional Rental Income: $1686 Airbnb ROI: 10% 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: 7.12% Traditional cash on cash: 5.75% Airbnb Rental Income: $2433 Traditional Rental Income: $1549 Airbnb ROI: 7.12% 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: 7.49% Traditional cash on cash: 8.54% Airbnb Rental Income: $2433 Traditional Rental Income: $2052 Airbnb ROI: 7.49% 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%
8251 Old Pascagoula Road Theodore, AL This recently remodeled and nicely updated home is ready for you! This home is USDA eligib...	4 beds \| 2 baths \| 1,938 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.1% Airbnb Rental Income: $null Traditional Rental Income: $1570 Airbnb ROI: N/A Traditional ROI: 5.1%
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: 6.96% Traditional cash on cash: 5.66% Airbnb Rental Income: $2433 Traditional Rental Income: $1568 Airbnb ROI: 6.96% Traditional ROI: 5.66%
7110 Bowers Lane Theodore, AL Sale will be pending court approval MUST SEE!! THIS BEAUTIFUL CUSTOM BUILT HOME SITS O...	5 beds \| 4 baths \| N/A	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2934 Airbnb ROI: N/A Traditional ROI: 3.79%
11753 West Gate Drive Theodore, AL *VRM: Sellers will entertain offers between $529,000 and $559,000*This beautiful home ...	4 beds \| 3 baths \| N/A	$529,559	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 3.39%
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: 6.01% Traditional cash on cash: 5.43% Airbnb Rental Income: $2433 Traditional Rental Income: $1701 Airbnb ROI: 6.01% Traditional ROI: 5.43%
5746 Rabbit Creek Drive Theodore, AL **Value Range Marketing: Seller is entertaining offers from $365,000- $385,000. The lower ...	3 beds \| 2 baths \| N/A	$365,385	Airbnb cash on cash: 3.68% Traditional cash on cash: 3.65% Airbnb Rental Income: $2433 Traditional Rental Income: $1827 Airbnb ROI: 3.68% Traditional ROI: 3.65%
8270 Mossberg Drive N Theodore, AL Introducing a stunning 3,013 sq ft brick home that's a blend of luxury and comfort. If you...	4 beds \| 3 baths \| N/A	$379,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 3.93%
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	$249,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $2013 Airbnb ROI: N/A Traditional ROI: 6.02%
5199 Mossberg Drive E Theodore, AL Open House 01/12/25 Sunday 2-4pm Looking for a stunning home to call your own? Look no ...	4 beds \| 2 baths \| N/A	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $1961 Airbnb ROI: N/A Traditional ROI: 4.82%
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 *OPEN HOUSE, SAT., JAN. 18TH, 2-4.*Discover the epitome of elegance in this remarkable...	4 beds \| 3 baths \| N/A	$619,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2708 Airbnb ROI: N/A Traditional ROI: 3.01%
6629 Woodside Court W Theodore, AL BACK ON THE MARKET AT NO FAULT OF THE SELLER! MOVE IN READY! USDA ELIGIBLE! 3-BDRM / 2-BTH...	3 beds \| 2 baths \| N/A	$207,000	Airbnb cash on cash: 7.48% Traditional cash on cash: 5.5% Airbnb Rental Income: $2433 Traditional Rental Income: $1451 Airbnb ROI: 7.48% Traditional ROI: 5.5%
8401 Stratford Drive Theodore, AL Step Into Your Dream Home at 8401 Stratford Dr! From the moment you walk through the door,...	3 beds \| 2 baths \| N/A	$209,900	Airbnb cash on cash: 7.61% Traditional cash on cash: 4.45% Airbnb Rental Income: $2433 Traditional Rental Income: $1210 Airbnb ROI: 7.61% Traditional ROI: 4.45%
5289 Mossberg Drive S Theodore, AL Price Improvement! New Roof=Jan 2025. Hunter's Cove is conveniently located off I-10. Imma...	4 beds \| 2 baths \| N/A	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $1952 Airbnb ROI: N/A Traditional ROI: 5.35%
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: 2.32% Traditional cash on cash: 3.89% Airbnb Rental Income: $2433 Traditional Rental Income: $2541 Airbnb ROI: 2.32% 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	$189,500	Airbnb cash on cash: 8.12% Traditional cash on cash: 6.76% Airbnb Rental Income: $2433 Traditional Rental Income: $1594 Airbnb ROI: 8.12% Traditional ROI: 6.76%
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: 3.76% Traditional cash on cash: 2.6% Airbnb Rental Income: $2433 Traditional Rental Income: $1447 Airbnb ROI: 3.76% Traditional ROI: 2.6%
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: 6.78% Traditional cash on cash: 5.58% Airbnb Rental Income: $2433 Traditional Rental Income: $1583 Airbnb ROI: 6.78% Traditional ROI: 5.58%
5280 Gamepoint Drive W Theodore, AL OPEN HOUSE SUNDAY 1/19 2-4PM **Welcome to Your New Home in the Sought-After Hunter's Cove ...	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%
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: 7.64% Traditional cash on cash: 6.61% Airbnb Rental Income: $2433 Traditional Rental Income: $1638 Airbnb ROI: 7.64% 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	$204,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 5.92%
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	$644,694	Airbnb cash on cash: 1.49% Traditional cash on cash: 1.96% Airbnb Rental Income: $2433 Traditional Rental Income: $2117 Airbnb ROI: 1.49% Traditional ROI: 1.96%
5260 Gamepoint Drive W Theodore, AL ***SELLER WILL ENTERTAIN OFFERS BETWEEN THE HIGHER AND LOWER PVRM RANGE OF $280,000-$319,0...	4 beds \| 2 baths \| N/A	$280,319	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 6.26%
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.	$845,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $3933 Airbnb ROI: N/A Traditional ROI: 3.47%
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.	$590,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 2.33% Airbnb Rental Income: $2433 Traditional Rental Income: $2152 Airbnb ROI: 1.76% Traditional ROI: 2.33%
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: 8.45% Traditional cash on cash: 6.39% Airbnb Rental Income: $2433 Traditional Rental Income: $1468 Airbnb ROI: 8.45% Traditional ROI: 6.39%
6110 Stream Bank Drive Theodore, AL This beautiful Smart Home offers 4 bedrooms and 2 baths with a split floor plan, designed ...	4 beds \| 2 baths \| 2,031 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 5.9%

Real Estate investment in Theodore, AL

There are 46 properties for sale in the city of Theodore . The median list price in Theodore is $243,400 and the average price per square foot is $104. In January 2025, the average monthly cash on cash return in Theodore is 6.00%. The average monthly rental income in Theodore is $1,957.

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

There are 46 investment properties available for sale in Theodore.

In 2025, the best neighborhood to buy investment property is Westfield.

The ROI for Short-Term is higher than the Long-Term in Theodore with average rental income of $2,433.

Your search for investment property begins and ends here

Investment Property for Sale in Theodore, AL

8216 Old Pascagoula Road

Theodore, AL

3 beds | 2 baths | N/A

$205,000

Airbnb cash on cash: 7.56%

Traditional cash on cash: 6.89%

Airbnb Rental Income: $2433

Traditional Rental Income: $1707

Airbnb ROI: 7.56%

Traditional ROI: 6.89%

6920 Joy Court

Theodore, AL

4 beds | 2 baths | N/A

$214,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1961

Airbnb ROI: N/A

Traditional ROI: 7.76%

8770 HUNTERS POINTE DR N

Theodore, AL

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

$164,000

Airbnb cash on cash: 10%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $2433

Traditional Rental Income: $1686

Airbnb ROI: 10%

Traditional ROI: 9.03%

7057 Arbor Drive

Theodore, AL

3 beds | 2 baths | N/A

$222,900

Airbnb cash on cash: 7.12%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $2433

Traditional Rental Income: $1549

Airbnb ROI: 7.12%

Traditional ROI: 5.75%

4851 Lesure Road

Theodore, AL

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

$213,000

Airbnb cash on cash: 7.49%

Traditional cash on cash: 8.54%

Airbnb Rental Income: $2433

Traditional Rental Income: $2052

Airbnb ROI: 7.49%

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