102 Chesapeake Bay DrStevensvilleMD21666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stevensville at 102 Chesapeake Bay Dr, Stevensville, MD, 21666 offers a 1.98% rental yield on a $1,890,000 purchase with $3,120/mo rent. 45% in year one. Equity gained on principal adds $12,196/yr while 5% annual appreciation supports $522,172 over five years. Portfolio math shows five-year ROI at 14.51% and total cumulative return in cash at $88,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $9,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21666, Stevensville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,767 (100%) |
| Owner Occupied HU | 4,807 (83.4%) |
| Renter Occupied HU | 520 ( 9.0%) |
| Vacant Housing Units | 440 ( 7.6%) |
| Median Home Value | $536,306 |
| Average Home Value | $671,212 |
Housing Distribution
Address Breakdown
Residential
5,679
Single Family
5,451
Multi-Family
228
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dee Dee McCracken • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDQA2013030