111 BayviewGrasonvilleMD21638
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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 Grasonville at 111 Bayview, Grasonville, MD, 21638 offers $3,844/mo rent that, after a $2,570/mo payment, leaves $578/mo cash flow. Total monthly income is $3,844/mo, and annual cash flow is $6,940/yr on $172,725 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 8.79% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 125.23% and total cumulative return in cash reaches $216,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,844/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21638, Grasonville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,357 (100%) |
| Owner Occupied HU | 1,698 (72.0%) |
| Renter Occupied HU | 394 (16.7%) |
| Vacant Housing Units | 265 (11.2%) |
| Median Home Value | $519,724 |
| Average Home Value | $610,355 |
Housing Distribution
Address Breakdown
Residential
2,241
Single Family
2,110
Multi-Family
131
Businesses
180
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Listed by: Joe Fagiolo • Greater Annapolis Realty
Mls Name: Bright MLS
Mls ID: #MDQA2015894