1 Oakview CtRidgelyMD21660
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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
Investment Highlights
Investment property for sale in Ridgely at 1 Oakview Ct, Ridgely, MD, 21660 earns $209/mo cash flow from $2,168/mo rent with a $1,542/mo payment. Total monthly income totals $2,168/mo, and annual cash flow totals $2,503/yr on $104,423 capital. ROI tracks 22.31% on current figures, and rental yield reads 8.26% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 115.75% and total cumulative return in cash sums $120,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.
Single Family
Built in 1998
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21660, Ridgely, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,618 (100%) |
| Owner Occupied HU | 1,161 (71.8%) |
| Renter Occupied HU | 337 (20.8%) |
| Vacant Housing Units | 120 ( 7.4%) |
| Median Home Value | $350,195 |
| Average Home Value | $367,097 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
125
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