119 Catalpa Dr, North East, MD, 21901 | $749/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in North East at 119 Catalpa Dr, North East, MD, 21901 uses $170,422 cash to close to unlock $8,984/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $3,970/mo, and a $2,535/mo payment keeps the spread at $749/mo. Purchase price stands at $517,999, and rental yield measures 9.2% with $3,970/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $143,114 over five years. Five-year ROI reaches 131.94% and total cumulative return in cash records $224,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,970/mo property income covering a $2,535/mo payment rather than investor’s personal income.

Single Family

Built in 2025

6,900 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21901, North East, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,213 (100%)
Owner Occupied HU	5,121 (62.4%)
Renter Occupied HU	2,190 (26.7%)
Vacant Housing Units	902 (11.0%)
Median Home Value	$395,977
Average Home Value	$418,006