112 Courtney Dr, Elkton, MD, 21921 | $732/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkton at 112 Courtney Dr, Elkton, MD, 21921 priced at $389,786 converts $3,156/mo rent into $732/mo cash flow after a $1,908/mo obligation. Total monthly income equals $3,156/mo, and annual cash flow totals $8,778/yr on $129,214 invested. Return on cash invested prints 26.7% in year one, and rental yield reads 9.72% against a $389,786 entry. Equity gained on principal adds $2,515/yr, while 5% annual appreciation compiles into $107,691 by year five. Five-year ROI reaches 139.32% and total cumulative return in cash sums $180,025. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,156/mo property income covering a $1,908/mo payment, not borrower’s personal income.

Single Family

Built in 1968

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,232 (100%)
Owner Occupied HU	12,221 (63.5%)
Renter Occupied HU	5,679 (29.5%)
Vacant Housing Units	1,332 ( 6.9%)
Median Home Value	$352,617
Average Home Value	$392,461