1003 Fred DrNorth EastMD21901
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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 North East at 1003 Fred Dr, North East, MD, 21901 earns from $2,154/mo rent with a $2,462/mo payment. Total monthly income totals $2,154/mo. ROI tracks 12.99% on current figures, and rental yield reads 5.14% at a $502,990 purchase. Equity gained on principal adds $3,246/yr, and 5% annual appreciation supports $138,967 over five years. Five-year ROI reaches 65.77% and total cumulative return in cash sums $108,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,154/mo property income instead of your personal income.
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 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
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Listed by: Mohammad Ali • Gregg Team Realty
Mls Name: Bright MLS
Mls ID: #MDCC2019218