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
7057 Arbor Drive Theodore, AL Welcome to 7057 Arbor Dr in Theodore Highlands, a 3-bedroom, 2-bath brick home offering 1,...	3 beds \| 2 baths \| 1,340 sq.ft.	$220,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 5.72% Airbnb Rental Income: $1165 Traditional Rental Income: $1549 Airbnb ROI: 2.03% Traditional ROI: 5.72%
6570 Rabbit Court Theodore, AL NEW ROOF, NEW HVAC, new floors, new paint, new fixtures, new appliances, this beautiful 3 ...	3 beds \| 2 baths \| 1,242 sq.ft.	$199,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.63% Airbnb Rental Income: $1165 Traditional Rental Income: $1458 Airbnb ROI: 2.07% Traditional ROI: 5.63%
8675 Hunters Pointe Drive N Theodore, AL Huge, one-of-a-kind home on an immaculately landscaped, oversized lot! This property offer...	3 beds \| 2 baths \| 2,432 sq.ft.	$165,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 8.24% Airbnb Rental Income: $1165 Traditional Rental Income: $1606 Airbnb ROI: 3.01% Traditional ROI: 8.24%
11753 W Gate Drive Theodore, AL *VRM: Sellers will entertain offers between $489,000 and $549,000*This beautiful home ...	4 beds \| 3 baths \| 2,016 sq.ft.	$489,549	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 3.81%
8270 Mossberg Drive N Theodore, AL A stunning 4-Bedroom, 3-Bath Brick Home with Double Garage awaits you! This large, beautif...	4 beds \| 3 baths \| 3,000 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 3.63%
7121 Old Military Road Theodore, AL Completely renovated from top to bottom, this spacious home is move-in ready and full of p...	3 beds \| 2 baths \| 2,640 sq.ft.	$250,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.88% Airbnb Rental Income: $1165 Traditional Rental Income: $1692 Airbnb ROI: 1.02% Traditional ROI: 4.88%
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.	$509,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $3594 Airbnb ROI: N/A Traditional ROI: 5.94%
3670 River Chase Court Theodore, AL This beautiful 4-bedroom, 3-bath brick home offers the perfect blend of timeless construct...	4 beds \| 3 baths \| 3,104 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A Traditional ROI: 3.68%
2924 Riverview Pointe Drive S Theodore, AL Stunning Waterfront Estate with exceptional amenities on approximately 2 acres located on ...	5 beds \| 4 baths \| 5,854 sq.ft.	$1,675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $6960 Airbnb ROI: N/A Traditional ROI: 3.12%
6028 Creek Side Trail Theodore, AL $5,000 SPECIAL! THE SELLER WILL CONTRIBUTE $5,000 TOWARDS THE BUYERS CLOSING COSTS OR RATE...	4 beds \| 2 baths \| 2,037 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $1967 Airbnb ROI: N/A Traditional ROI: 5.42%
9501 Ben Hamilton Road Theodore, AL Welcome to 9501 Ben Hamilton Road! A spectacular GOLD-FORTIFIED custom-built home complete...	4 beds \| 5 baths \| 4,557 sq.ft.	$1,475,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $4961 Airbnb ROI: N/A Traditional ROI: 2.34%
8980 Dawes Creek Drive Theodore, AL Only things left to do, garage door and paint to be finished. 2nd picture is ai generated ...	4 beds \| 2 baths \| 2,200 sq.ft.	$448,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $1768 Airbnb ROI: N/A Traditional ROI: 2.85%
6776 BARNESWOOD Drive Theodore, AL New construction, USDA ELIGIBLE and $7500 in buyer incentives with preferred lender! Step ...	3 beds \| 2 baths \| 1,231 sq.ft.	$240,045	Airbnb cash on cash: 1.62% Traditional cash on cash: 4.9% Airbnb Rental Income: $1165 Traditional Rental Income: $1526 Airbnb ROI: 1.62% Traditional ROI: 4.9%
6241 Woodside Drive Theodore, AL Looking for a move-in ready home? You just found it! Welcome to this newly remodeled 3-bed...	3 beds \| 2 baths \| 1,400 sq.ft.	$239,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.85% Airbnb Rental Income: $1165 Traditional Rental Income: $1327 Airbnb ROI: 1.44% Traditional ROI: 3.85%
7215 Broadview Drive E Theodore, AL NEW LIST LIST PRICE REDUCTION for this property to $ 84,500, located on wooded lot, close ...	3 beds \| 1 baths \| 2,006 sq.ft.	$84,500	Airbnb cash on cash: 5.28% Traditional cash on cash: 8.95% Airbnb Rental Income: $1165 Traditional Rental Income: $1086 Airbnb ROI: 5.28% Traditional ROI: 8.95%
10015 Bridgewater Drive Theodore, AL New Price! Beautiful 3BR/2BA home located at the end of a quiet cul-de-sac in the Bridgewa...	3 beds \| 2 baths \| 1,545 sq.ft.	$282,500	Airbnb cash on cash: 1.09% Traditional cash on cash: 3.87% Airbnb Rental Income: $1165 Traditional Rental Income: $1524 Airbnb ROI: 1.09% Traditional ROI: 3.87%
6760 BARNESWOOD Drive Theodore, AL New Construction, USDA eligible, plus $7500 concessions to buyer w preferred lender! Pictu...	3 beds \| 2 baths \| 1,230 sq.ft.	$243,540	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.09% Airbnb Rental Income: $1165 Traditional Rental Income: $1359 Airbnb ROI: 1.58% Traditional ROI: 4.09%
11415 Wacker Lane W Theodore, AL Charming Home Near Fowl River! This wonderful 3-bedroom, 2-bath home sits on .61 acres wit...	3 beds \| 2 baths \| 1,635 sq.ft.	$295,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.4% Airbnb Rental Income: $1165 Traditional Rental Income: $1445 Airbnb ROI: 1.01% Traditional ROI: 3.4%
5179 E Mossberg Drive Theodore, AL This gorgeous, well-maintained 4-bedroom, 3-bathroom home offers just over 3,000 square fe...	4 beds \| 3 baths \| 3,013 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $2451 Airbnb ROI: N/A Traditional ROI: 5.35%
5750 Riverview Plantation Drive Theodore, AL Welcome to this beautifully updated waterfront home offering approximately 3,750 square fe...	4 beds \| 4 baths \| 3,788 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $3697 Airbnb ROI: N/A Traditional ROI: 2.99%
9057 Dauphin Island Parkway Theodore, AL Check out this large beach house set on Mobile Bay! This 3-bedroom, 3.5-bath home sits on ...	3 beds \| 4 baths \| 4,323 sq.ft.	$629,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.92% Airbnb Rental Income: $1165 Traditional Rental Income: $3504 Airbnb ROI: -0.71% Traditional ROI: 3.92%
7861 Heaton Drive Theodore, AL BOM Pending release of sale This charming and recently updated move-in ready home is w...	4 beds \| 2 baths \| 1,500 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $1694 Airbnb ROI: N/A Traditional ROI: 6.02%
6923 Floyd Place Theodore, AL USDA Eligible home nestled in a quiet cul-de-sac, this beautifully maintained 4 bedroom, 2...	4 beds \| 2 baths \| 2,182 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A Traditional ROI: 6.88%
5561 Riverwood Landing S Theodore, AL Welcome to Riverwood Estates, where custom comfort, convenience, and the waterfront lifest...	4 beds \| 4 baths \| 3,308 sq.ft.	$665,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $3753 Airbnb ROI: N/A Traditional ROI: 4.5%
6780 Barnes Drive E Theodore, AL Welcome home to this charming 3-bedroom, 2-bath brick home sitting on a desirable corner l...	3 beds \| 2 baths \| 1,596 sq.ft.	$234,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 5.5% Airbnb Rental Income: $1165 Traditional Rental Income: $1621 Airbnb ROI: 1.72% Traditional ROI: 5.5%
5606 Gulf Creek Circle Theodore, AL VRM: Seller will entertain offers between $639,000 and $659,000. Welcome to an exceptional...	4 beds \| 5 baths \| 3,785 sq.ft.	$639,659	Airbnb cash on cash: N/A Traditional cash on cash: 5.77% Airbnb Rental Income: $null Traditional Rental Income: $4323 Airbnb ROI: N/A Traditional ROI: 5.77%
6126 Stream Bank Drive Theodore, AL Welcome to 6126 Stream Bank Drive in Theodore! Built in 2021, this beautiful Gold Fortifie...	4 beds \| 2 baths \| 1,827 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $1894 Airbnb ROI: N/A Traditional ROI: 6.11%
5880 Plantation Woods Drive Theodore, AL Gracefully positioned on over 5 picturesque acres at the head of the serene Fowl River, th...	3 beds \| 3 baths \| 2,843 sq.ft.	$565,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.49% Airbnb Rental Income: $1165 Traditional Rental Income: $2625 Airbnb ROI: 0% Traditional ROI: 3.49%
7180 W Whispering Meadows Drive Theodore, AL Welcome home to 7180 Whispering Meadows Way in Theodore! Built in 2019, this beautifully u...	3 beds \| 2 baths \| 1,598 sq.ft.	$169,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 7.75% Airbnb Rental Income: $1165 Traditional Rental Income: $1577 Airbnb ROI: 2.84% Traditional ROI: 7.75%
7180 Whispering Meadows Drive Theodore, AL Welcome home to 7180 Whispering Meadows Way in Theodore! Built in 2019, this beautifully u...	3 beds \| 2 baths \| 1,598 sq.ft.	$169,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 9.41% Airbnb Rental Income: $1165 Traditional Rental Income: $1797 Airbnb ROI: 3.14% Traditional ROI: 9.41%
5482 Leytham Road Theodore, AL Welcome to the peaceful retreat you have been searching for. Situated on approximately 3.9...	3 beds \| 2 baths \| 1,603 sq.ft.	$300,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 5.47% Airbnb Rental Income: $1165 Traditional Rental Income: $2013 Airbnb ROI: 1.11% Traditional ROI: 5.47%
9129 Dawes Creek Drive Theodore, AL Beautifully updated and thoughtfully custom designed, this 4-bedroom, 2-bath home blends m...	4 beds \| 2 baths \| 2,340 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $2022 Airbnb ROI: N/A Traditional ROI: 3.98%
9074 Moses Way Theodore, AL Prepare to be captivated from the moment you arrive. This stunning custom-built home has b...	4 beds \| 4 baths \| 2,648 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 4.94%
6940 Gray Oaks Drive Theodore, AL Move-in ready 3 bedroom, 2 bath home with a split floor plan. Features include the followi...	3 beds \| 2 baths \| 1,346 sq.ft.	$200,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.67% Airbnb Rental Income: $1165 Traditional Rental Income: $1482 Airbnb ROI: 1.98% Traditional ROI: 5.67%
8968 Dawes Creek Drive Theodore, AL Welcome home to 8968 Dawes Creek! From the moment you arrive through the front door, you'l...	3 beds \| 2 baths \| 1,874 sq.ft.	$345,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.54% Airbnb Rental Income: $1165 Traditional Rental Income: $1698 Airbnb ROI: 0.72% Traditional ROI: 3.54%

Real Estate investment in Theodore, AL

There are 37 properties for sale in the city of Theodore . The median list price in Theodore is $205,877 and the average price per square foot is $92. In July 2026, the average monthly cash on cash return in Theodore is 5.00%. The average monthly rental income in Theodore is $1,812.

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

There are 37 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 $1,812.

Your search for investment property begins and ends here

Investment Property for Sale in Theodore, AL

7057 Arbor Drive

Theodore, AL

3 beds | 2 baths | 1,340 sq.ft.

$220,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1165

Traditional Rental Income: $1549

Airbnb ROI: 2.03%

Traditional ROI: 5.72%

6570 Rabbit Court

Theodore, AL

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

$199,900

Airbnb cash on cash: 2.07%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1165

Traditional Rental Income: $1458

Airbnb ROI: 2.07%

Traditional ROI: 5.63%

8675 Hunters Pointe Drive N

Theodore, AL

3 beds | 2 baths | 2,432 sq.ft.

$165,000

Airbnb cash on cash: 3.01%

Traditional cash on cash: 8.24%

Airbnb Rental Income: $1165

Traditional Rental Income: $1606

Airbnb ROI: 3.01%

Traditional ROI: 8.24%

11753 W Gate Drive

Theodore, AL

4 beds | 3 baths | 2,016 sq.ft.

$489,549

Airbnb cash on cash: N/A

Traditional cash on cash: 3.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2624

Airbnb ROI: N/A

Traditional ROI: 3.81%

8270 Mossberg Drive N

Theodore, AL

4 beds | 3 baths | 3,000 sq.ft.

$379,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2016

Airbnb ROI: N/A

Traditional ROI: 3.63%

7121 Old Military Road

Theodore, AL

3 beds | 2 baths | 2,640 sq.ft.

$250,000

Airbnb cash on cash: 1.02%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $1165

Traditional Rental Income: $1692

Airbnb ROI: 1.02%

Traditional ROI: 4.88%

6450 Creel Road

Theodore, AL

5 beds | 4 baths | 3,288 sq.ft.

$509,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.94%

Airbnb Rental Income: $null

Traditional Rental Income: $3594

Airbnb ROI: N/A

Traditional ROI: 5.94%

3670 River Chase Court

Theodore, AL

4 beds | 3 baths | 3,104 sq.ft.

$589,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2894

Airbnb ROI: N/A