116 Chimney Rock LnMchenryMD21541
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 Mchenry at 116 Chimney Rock Ln, Mchenry, MD, 21541 offers $2,042/mo rent that, after a $4,307/mo payment. Total monthly income is $2,042/mo. Return on cash invested measures 5.84% in year one, and rental yield stands at 2.78% at a $879,900 entry. Equity gained on principal adds $5,678/yr while 5% annual appreciation compounds into $243,100 by year five. Five-year ROI records 27.4% and total cumulative return in cash reaches $79,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,042/mo property income versus a $4,307/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21541, Mc Henry, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,233 (100%) |
| Owner Occupied HU | 512 (22.9%) |
| Renter Occupied HU | 156 ( 7.0%) |
| Vacant Housing Units | 1,565 (70.1%) |
| Median Home Value | $354,286 |
| Average Home Value | $425,522 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
619
Multi-Family
149
Businesses
210
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