118 Oleary LnPort DepositMD21904
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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 Port Deposit at 118 Oleary Ln, Port Deposit, MD, 21904 offers a 4.38% rental yield on a $524,900 purchase with $1,914/mo rent. 68% in year one. Equity gained on principal adds $3,387/yr while 5% annual appreciation supports $145,020 over five years. Portfolio math shows five-year ROI at 53.34% and total cumulative return in cash at $92,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,914/mo property income against a $2,569/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Richard Saunders • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDCC2020092