108 Wall StQueenstownMD21658
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 Queenstown at 108 Wall St, Queenstown, MD, 21658 offers $2,806/mo rent that, after a $1,713/mo payment, leaves $629/mo cash flow. Total monthly income is $2,806/mo, and annual cash flow is $7,553/yr on $115,992 cash. Return on cash invested measures 26.42% in year one, and rental yield stands at 9.62% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 137.82% and total cumulative return in cash reaches $159,858. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,806/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21658, Queenstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,761 (100%) |
| Owner Occupied HU | 1,351 (76.7%) |
| Renter Occupied HU | 178 (10.1%) |
| Vacant Housing Units | 232 (13.2%) |
| Median Home Value | $587,529 |
| Average Home Value | $690,222 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,672
Multi-Family
34
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Clark • Clark & Co Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDQA2015578