113 Starboard CtPerryvilleMD21903
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
Investment Highlights
Rental property for sale in Perryville at 113 Starboard Ct, Perryville, MD, 21903 priced at $200,000 converts $1,347/mo rent into $103/mo cash flow after a $979/mo obligation. Total monthly income equals $1,347/mo, and annual cash flow totals $1,236/yr on $66,300 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 8.08% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 112.86% and total cumulative return in cash sums $74,828. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,347/mo property income covering a $979/mo payment, not borrower’s personal income.
Townhouse
Built in 1995
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21903, Perryville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,678 (60.1%) |
| Renter Occupied HU | 830 (29.7%) |
| Vacant Housing Units | 285 (10.2%) |
| Median Home Value | $305,618 |
| Average Home Value | $338,784 |
Housing Distribution
Address Breakdown
Residential
2,216
Single Family
1,770
Multi-Family
446
Businesses
148
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Listed by: Rita Oller • RE/MAX Point Realty
Mls Name: Bright MLS
Mls ID: #MDCC2019138