1016 Brown AveCumberlandMD21502
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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 Cumberland at 1016 Brown Ave, Cumberland, MD, 21502 generates $1,823/mo in rent and, after a $1,272/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,823/mo, and annual cash flow is $2,480/yr on $86,157 invested. Return on cash invested sits at 22.79% in year one, and rental yield is 8.42% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 118.33% and total cumulative return in cash sums $101,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,823/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21502, Cumberland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,121 (100%) |
| Owner Occupied HU | 11,103 (58.1%) |
| Renter Occupied HU | 4,972 (26.0%) |
| Vacant Housing Units | 3,046 (15.9%) |
| Median Home Value | $165,221 |
| Average Home Value | $212,127 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
15,703
Multi-Family
1,527
Businesses
1,428
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Listed by: Steve MacGray • Charis Realty Group
Mls Name: Bright MLS
Mls ID: #MDAL2013086