11212 Poorbaugh AveCorriganvilleMD21524
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 11212 Poorbaugh Ave, Corriganville, MD, 21524 in Corriganville: $1,867/mo in rent, $251/mo in net income, 8.62% gross yield, 1.60 DSCR, all at $259,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $71,806 in appreciation and $2,394/yr in principal paydown projects total cumulative return of $114,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $251 | $450 |
City averages based on Corriganville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,867 |
| Total Monthly Debt Service | $1,513 |
| DSCR Ratio | 1.23x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21524, Corriganville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 181 (100%) |
| Owner Occupied HU | 150 (82.9%) |
| Renter Occupied HU | 18 ( 9.9%) |
| Vacant Housing Units | 13 ( 7.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $189,467 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1964
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21524, Corriganville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 181 (100%) |
| Owner Occupied HU | 150 (82.9%) |
| Renter Occupied HU | 18 ( 9.9%) |
| Vacant Housing Units | 13 ( 7.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $189,467 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Sullivan • Sullivan Select, LLC.
Mls Name: Bright MLS
Mls ID: #MDAL2012898