113 Remington CirHavre De GraceMD21078
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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
Investment property for sale in Havre De Grace at 113 Remington Cir, Havre De Grace, MD, 21078 with 5% annual appreciation on a $299,900 basis while $2,918/mo rent supports operations. Total monthly income totals $2,918/mo and a $1,468/mo payment preserves $1,053/mo for cash returns. Annual cash flow comes to $12,632/yr on $99,417 deployed, and return on cash invested reaches 32.61% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 11.68%. Five-year ROI measures 171.02% and total cumulative return in cash totals $170,020.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,918/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1992
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,082
Multi-Family
700
Businesses
591
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Listed by: Jim Turner • Chesapeake Bay Realty,Inc
Mls Name: Bright MLS
Mls ID: #MDHR2050670