11887 Somerset AvePrincess AnneMD21853
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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 Princess Anne at 11887 Somerset Ave, Princess Anne, MD, 21853 offers a 8.5% rental yield on a $375,000 purchase with $2,656/mo rent. Total monthly income registers $2,656/mo, and a $1,835/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,889/yr on $124,313 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 119.69% and total cumulative return in cash at $148,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,656/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21853, Princess Anne, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,595 (100%) |
| Owner Occupied HU | 2,065 (44.9%) |
| Renter Occupied HU | 1,527 (33.2%) |
| Vacant Housing Units | 1,003 (21.8%) |
| Median Home Value | $190,118 |
| Average Home Value | $269,109 |
Housing Distribution
Address Breakdown
Residential
4,172
Single Family
3,980
Multi-Family
192
Businesses
276
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Listed by: Jaime Cortes • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDSO2006538