109 Barney Ct NNorth EastMD21901
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 109 Barney Ct N, North East, MD, 21901 in North East at $577,990 earns $3,775/mo in rent and nets $140/mo after the $2,599/mo payment, a 7.84% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $159,688 over five years. Ziffy Mortgage underwrites this on a 1.45 DSCR without U.S. credit history. With $5,323/yr in principal paydown, total projected return reaches $228,473.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.2% |
| Monthly Cash Flow | $140 | $850 |
City averages based on North East market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,775 |
| Total Monthly Debt Service | $3,405 |
| DSCR Ratio | 1.11x |
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.
Single Family
Built in N/A
0.33 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,213 (100%) |
| Owner Occupied HU | 5,121 (62.4%) |
| Renter Occupied HU | 2,190 (26.7%) |
| Vacant Housing Units | 902 (11.0%) |
| Median Home Value | $395,977 |
| Average Home Value | $418,006 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
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
Single Family
Built in N/A
0.33 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,213 (100%) |
| Owner Occupied HU | 5,121 (62.4%) |
| Renter Occupied HU | 2,190 (26.7%) |
| Vacant Housing Units | 902 (11.0%) |
| Median Home Value | $395,977 |
| Average Home Value | $418,006 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices