107 E Chestnut StSaint MichaelsMD21663
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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
Investment property for sale in Saint Michaels at 107 E Chestnut St, Saint Michaels, MD, 21663 at $1,295,000 posts ROI 4.93% with from $2,654/mo rent. Total monthly income equals $2,654/mo. Return on cash invested measures 4.93% and rental yield reads 2.46% at the current $1,295,000. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 by year five. Five-year ROI prints 22.45% and total cumulative return in cash totals $94,194. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,654/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1870
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21663, Saint Michaels, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,125 (53.2%) |
| Renter Occupied HU | 394 (18.6%) |
| Vacant Housing Units | 597 (28.2%) |
| Median Home Value | $691,382 |
| Average Home Value | $890,696 |
Housing Distribution
Address Breakdown
Residential
1,549
Single Family
1,549
Multi-Family
0
Businesses
211
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Listed by: Robert Fitton • Meredith Fine Properties
Mls Name: Bright MLS
Mls ID: #MDTA2011802