103A 144th StOcean CityMD21842
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
Rental property for sale in Ocean City at 103A 144th St, Ocean City, MD, 21842 generates $7,334/mo in rent and, after a $3,524/mo payment, leaves $2,856/mo in cash flow. Total monthly income is $7,334/mo, and annual cash flow is $34,272/yr on $236,877 invested. Return on cash invested sits at 34.53% in year one, and rental yield is 12.22% on a $719,990 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,920 over five years. Five-year ROI reaches 181.26% and total cumulative return in cash sums $429,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,334/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21842, Ocean City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,930 (100%) |
| Owner Occupied HU | 4,053 (12.3%) |
| Renter Occupied HU | 1,593 ( 4.8%) |
| Vacant Housing Units | 27,284 (82.9%) |
| Median Home Value | $504,097 |
| Average Home Value | $573,881 |
Housing Distribution
Address Breakdown
Residential
7,594
Single Family
6,265
Multi-Family
1,329
Businesses
1,500
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A