1116 Melissa Ct, Havre De Grace, MD, 21078 | 5.07% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1116 Melissa Ct, Havre De Grace, MD, 21078 | 5.07% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1272 sft

7856 Harold Rd, Baltimore, MD, 21222

2 Bed
2 Bath
- sft

4805 Mantlewood Way #203, Aberdeen, MD, 21001

4 Bed
3 Bath
1920 sft

2404 Beaver Crossing Rd, Edgewood, MD, 21040

3 Bed
2 Bath
1196 sft

32 Chattuck Ct, Baltimore, MD, 21220

Nearby investment properties with comparable prices

4 Bed
4 Bath
3284 sft

1 Rock Hall Ct, Baltimore, MD, 21234

4 Bed
4 Bath
2360 sft

9520 Hallhurst Rd, Baltimore, MD, 21236

4 Bed
3 Bath
2906 sft

513 Barksdale Dr, Joppa, MD, 21085

4 Bed
3 Bath
2200 sft

109 W Belcrest Rd, Bel Air, MD, 21014

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Havre De Grace at 1116 Melissa Ct, Havre De Grace, MD, 21078 listed at $540,000 pairs $2,280/mo rent with a $2,643/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 12.78% in year one, and rental yield registers 5.07% at a $540,000 basis. Equity gained on principal adds $3,485/yr, and annual property appreciation at 5% supports $149,192 by year five. Five-year ROI tracks 64.6% and total cumulative return in cash totals $114,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2016

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home! This stunning 4-bedroom, 2.5-bathroom detached home offers the perfect blend of style, comfort, and functionality. Step inside to find a spacious open floor plan with fresh paint throughout most of the home and new vanities and mirrors in every bathroom. The heart of the home is the beautifully updated kitchen, featuring a large island with elegant pendant lighting, a stylish barn door pantry, and plenty of room for cooking and entertaining. Upstairs, youll find four generous bedrooms and a luxurious primary suite designed for relaxation. The primary bathroom has dual sinks and a very large closet! The unfinished basement is a blank canvasready for your personal touchwith a bathroom rough-in and wet bar plumbing already in place. Car enthusiasts and electric vehicle owners will love the climate-controlled, 2-car garage equipped with two 240V outletsperfect for charging EVs or powering tools. Additional features include a whole-house humidifier and thoughtful modern updates throughout. Dont miss your opportunity to make this beautiful, move-in-ready home your ownschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21078, Havre De Grace, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,099 (100%)
Owner Occupied HU	6,294 (69.2%)
Renter Occupied HU	2,219 (24.4%)
Vacant Housing Units	586 ( 6.4%)
Median Home Value	$445,721
Average Home Value	$488,694