110 Rowland DrPt DepositMD21904
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play110 Rowland Dr, Pt Deposit, MD, 21904 in Pt Deposit is priced for appreciation, not yield. Rental yield 4.6%. At $489,000 with a 4.6% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $135,102 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.85) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $110,343.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 7.0% |
| Monthly Cash Flow | $(1,818) | $180 |
City averages based on Pt Deposit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,873 |
| Total Monthly Debt Service | $2,847 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
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
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDCC2020958