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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Port Deposit at 118 Rowland Dr #118, Port Deposit, MD, 21904 generates $2,756/mo in rent and, after a $1,933/mo payment, leaves $300/mo in cash flow. Total monthly income is $2,756/mo, and annual cash flow is $3,596/yr on $130,943 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 8.37% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 117.61% and total cumulative return in cash sums $154,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,756/mo property income rather than buyer’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
| 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 |
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Len Wilson • Key Realty, Incorporated
Mls Name: Bright MLS
Mls ID: #MDCC2019882
