11 Colonial CirNorth EastMD21901
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 North East at 11 Colonial Cir, North East, MD, 21901 generates $3,272/mo in rent and, after a $2,080/mo payment, leaves $629/mo in cash flow. Total monthly income is $3,272/mo, and annual cash flow is $7,547/yr on $140,888 invested. Return on cash invested sits at 25.27% in year one, and rental yield is 9.24% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 131.61% and total cumulative return in cash sums $185,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,272/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No 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
Listed by: Lori Coleman • RE/MAX Chesapeake
Mls Name: Bright MLS
Mls ID: #MDCC2019636