111 Beach Harbor Dr #E272GrasonvilleMD21638
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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
Investment property for sale in Grasonville at 111 Beach Harbor Dr #E272, Grasonville, MD, 21638 uses $39,449 cash to close to unlock $2,476/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $946/mo, and a $582/mo payment keeps the spread at $206/mo. Purchase price stands at $119,000, and rental yield measures 9.54% with $946/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 136.63% and total cumulative return in cash records $53,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $946/mo property income covering a $582/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
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: N/A • N/A
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