110 S Mill StChestertownMD21620
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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
Investment Highlights
Total monthly income runs $3,229/mo, and a $3,646/mo payment. Purchase price stands at $745,000, and rental yield measures 5.2% with $3,229/mo rent. Return on cash invested shows 13.19% in year one, and 5% annual appreciation builds toward $205,830 over five years. Five-year ROI reaches 66.79% and total cumulative return in cash records $163,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,229/mo property income covering a $3,646/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,256 (100%) |
| Owner Occupied HU | 3,591 (57.4%) |
| Renter Occupied HU | 1,696 (27.1%) |
| Vacant Housing Units | 969 (15.5%) |
| Median Home Value | $373,354 |
| Average Home Value | $477,344 |
Housing Distribution
Address Breakdown
Residential
5,889
Single Family
5,427
Multi-Family
462
Businesses
634
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Listed by: John Burke • Gunther-McClary Real Estate
Mls Name: Bright MLS
Mls ID: #MDKE2005558