104 Riverwalk TerFederalsburgMD21632
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 104 Riverwalk Ter, Federalsburg, MD, 21632 in Federalsburg. Priced at $217,990, it generates $3,738/mo in gross rent and $2,302/mo in net monthly cash flow, a 20.58% yield that comfortably supports the 3.81 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $27,627. Five-year appreciation: $60,227. Equity from principal paydown: $2,008/yr. Total projected cumulative return: $231,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.6% | 9.0% |
| Monthly Cash Flow | $2,302 | $650 |
City averages based on Federalsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,738 |
| Total Monthly Debt Service | $1,349 |
| DSCR Ratio | 2.77x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2024
2,000 sqft lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21632, Federalsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,620 (58.0%) |
| Renter Occupied HU | 931 (33.3%) |
| Vacant Housing Units | 242 ( 8.7%) |
| Median Home Value | $229,703 |
| Average Home Value | $301,225 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,586
Multi-Family
107
Businesses
215
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
Townhouse
Built in 2024
2,000 sqft lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21632, Federalsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,620 (58.0%) |
| Renter Occupied HU | 931 (33.3%) |
| Vacant Housing Units | 242 ( 8.7%) |
| Median Home Value | $229,703 |
| Average Home Value | $301,225 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,586
Multi-Family
107
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices