112 S Mechanic StSharpsburgMD21782
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 112 S Mechanic St, Sharpsburg, MD, 21782 in Sharpsburg. At $335,000 it earns $2,350/mo in rent and distributes $266/mo to the owner after the $1,588/mo payment, a consistent 8.42% yield. DSCR 1.48 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $92,554 in value; $2,808/yr in principal paydown compounds ownership stake. Total projected return: $137,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 8.5% |
| Monthly Cash Flow | $266 | $350 |
City averages based on Sharpsburg market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,350 |
| Total Monthly Debt Service | $2,032 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1863
8,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21782, Sharpsburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,773 (100%) |
| Owner Occupied HU | 1,356 (76.5%) |
| Renter Occupied HU | 217 (12.2%) |
| Vacant Housing Units | 200 (11.3%) |
| Median Home Value | $352,885 |
| Average Home Value | $388,988 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,416
Multi-Family
0
Businesses
61
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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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Listed by: Stacey Nikirk • Roberts Realty Group, LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDWA2040846
