1001 Fred Dr, North East, MD, 21901 | $529/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1525 sft

3 Durham Ct, Newark, DE, 19713

4 Bed
2 Bath
1750 sft

3 Scottie Ln, New Castle, DE, 19720

3 Bed
3 Bath
1875 sft

1 Wellington West Dr, Hockessin, DE, 19707

3 Bed
3 Bath
1978 sft

Caroline Plan, Aberdeen Overlook Villas, Aberdeen, MD, 21001

Nearby investment properties with comparable prices

3 Bed
2 Bath
1325 sft

730 Fox Chase Ct, Bear, DE, 19701

3 Bed
2 Bath
2234 sft

400 Stafford Ave, Newark, DE, 19711

3 Bed
2 Bath
1536 sft

219 Hitching Post Dr, Bel Air, MD, 21014

3 Bed
4 Bath
2175 sft

18 Kings Bridge Ct, Newark, DE, 19702

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in North East at 1001 Fred Dr, North East, MD, 21901 listed at $482,990 pairs $3,533/mo rent with a $2,364/mo payment to leave $529/mo cash flow. Total monthly income runs $3,533/mo, and annual cash flow reaches $6,348/yr on $160,111 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 8.78% at a $482,990 basis. Equity gained on principal adds $3,117/yr, and annual property appreciation at 5% supports $133,441 by year five. Five-year ROI tracks 124.17% and total cumulative return in cash totals $198,811. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,533/mo property income relative to a $2,364/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in N/A

0.27 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21901, North East, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,213 (100%)
Owner Occupied HU	5,121 (62.4%)
Renter Occupied HU	2,190 (26.7%)
Vacant Housing Units	902 (11.0%)
Median Home Value	$395,977
Average Home Value	$418,006