101 Main St #119SecretaryMD21664
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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
Rental property for sale in Secretary at 101 Main St #119, Secretary, MD, 21664 generates $2,194/mo in rent and, after a $1,689/mo payment, leaves $48/mo in cash flow. Total monthly income is $2,194/mo, and annual cash flow is $574/yr on $114,368 invested. Return on cash invested sits at 20.41% in year one, and rental yield is 7.63% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 105.58% and total cumulative return in cash sums $120,748. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,194/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21664, Secretary, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 133 (100%) |
| Owner Occupied HU | 93 (69.9%) |
| Renter Occupied HU | 11 ( 8.3%) |
| Vacant Housing Units | 29 (21.8%) |
| Median Home Value | $262,500 |
| Average Home Value | $243,898 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
22
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