107 Jarmon Rd, Elkton, MD, 21921 | $1,032/mo Cash Flow

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107 Jarmon Rd, Elkton, MD, 21921 | $1,032/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkton at 107 Jarmon Rd, Elkton, MD, 21921 generates $2,773/mo in rent and, after a $1,370/mo payment, leaves $1,032/mo in cash flow. Total monthly income is $2,773/mo, and annual cash flow is $12,384/yr on $92,820 invested. Return on cash invested sits at 33.25% in year one, and rental yield is 11.88% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 174.41% and total cumulative return in cash sums $161,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,773/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Whether you're just getting started or downsizing, this home is for you! 4 Bedrooms, 1.5 Baths and room to expand! Lower level features 2 family rooms, a bedroom, and bath...could easily be used as an in law or teen suite. Main level includes 3 Bedrooms, Living Room/Dining Room combo and Kitchen. Outside you'll enjoy a front and rear deck, large fenced backyard, and 2 sheds. No Town Taxes and no HOA!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,232 (100%)
Owner Occupied HU	12,221 (63.5%)
Renter Occupied HU	5,679 (29.5%)
Vacant Housing Units	1,332 ( 6.9%)
Median Home Value	$352,617
Average Home Value	$392,461