1 Rene Carr St, Elkton, MD, 21921 | $285/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1 Rene Carr St, Elkton, MD, 21921 | $285/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkton at 1 Rene Carr St, Elkton, MD, 21921 generates $1,435/mo in rent and, after a $905/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,435/mo, and annual cash flow is $3,419/yr on $61,327 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.31% on a $184,999 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 132.77% and total cumulative return in cash sums $81,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,435/mo property income rather than buyer’s personal income.

Single Family

Built in 1954

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

needs work sold as is

Neighborhood Data

Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,232 (100%)
Owner Occupied HU	12,221 (63.5%)
Renter Occupied HU	5,679 (29.5%)
Vacant Housing Units	1,332 ( 6.9%)
Median Home Value	$352,617
Average Home Value	$392,461