0 Ocean GtwyMardela SpringsMD21837
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 0 Ocean Gtwy, Mardela Springs, MD, 21837 in Mardela Springs hard to pass up. The 14.16% gross yield on a $140,000 purchase results in $1,652/mo in rent and $782/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.62). Annual cash flow of $9,380, five-year appreciation of $38,679, and $1,289/yr in equity build-up combine for a projected total cumulative return of $103,392.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 8.0% |
| Monthly Cash Flow | $782 | $300 |
City averages based on Mardela Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,652 |
| Total Monthly Debt Service | $815 |
| DSCR Ratio | 2.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21837, Mardela Springs, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 906 (74.8%) |
| Renter Occupied HU | 182 (15.0%) |
| Vacant Housing Units | 124 (10.2%) |
| Median Home Value | $293,878 |
| Average Home Value | $357,359 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
986
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Lot
Built in N/A
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21837, Mardela Springs, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 906 (74.8%) |
| Renter Occupied HU | 182 (15.0%) |
| Vacant Housing Units | 124 (10.2%) |
| Median Home Value | $293,878 |
| Average Home Value | $357,359 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
986
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices