112 BayviewGrasonvilleMD21638
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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
Rental property for sale in Grasonville at 112 Bayview, Grasonville, MD, 21638 priced at $572,500 converts $3,581/mo rent into $20/mo cash flow after a $2,802/mo obligation. Total monthly income equals $3,581/mo, and annual cash flow totals $245/yr on $188,353 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 7.51% against a $572,500 entry. Equity gained on principal adds $3,694/yr, while 5% annual appreciation compiles into $158,171 by year five. Five-year ROI reaches 104.36% and total cumulative return in cash sums $196,566. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,581/mo property income covering a $2,802/mo payment, not borrower’s personal income.
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: Mary Jameson • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDQA2015548