118 Oleary LnPort DepositMD21904
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 118 Oleary Ln, Port Deposit, MD, 21904 in Port Deposit at $524,900, 4.38% gross yield, is a market-growth asset. Rental yield 4.38%. The $1,914/mo rent partially funds the $2,360/mo debt service; the core return is the 5%/yr price growth projected to add $145,020 over five years. Ziffy Mortgage's DSCR mortgage (0.81) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $112,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 5.5% |
| Monthly Cash Flow | $(1,351) | $450 |
City averages based on Port Deposit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $3,056 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1992
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
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 1992
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDCC2020092