1028 Richwood 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 1028 Richwood Ave, Cumberland, MD, 21502 priced at $789,650 pairs $4,586/mo rent with after a $3,865/mo payment. Total monthly income equals $4,586/mo. Return on cash invested is 18.08% in year one, and rental yield stands at 6.97% on a $789,650 basis. Equity gained on principal adds $5,095/yr, and 5% annual appreciation accumulates to $218,166 by year five. Five-year ROI measures 93.25% and total cumulative return in cash reaches $242,266. For financing, Ziffy Mortgage’s DSCR program evaluates $4,586/mo property income against a $3,865/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
1 Acres 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: N/A • N/A
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