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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 North East at 119 Shore Dr, North East, MD, 21901 priced at $400,000 converts $2,389/mo rent into after a $1,958/mo obligation. Total monthly income equals $2,389/mo. Return on cash invested prints 19.01% in year one, and rental yield reads 7.17% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 98.07% and total cumulative return in cash sums $130,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,389/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1955
8,900 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
| 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 |
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
Date | Event | Price |
|---|---|---|
| 2025-08-21 | Sold | $400,000 |
| 2025-05-06 | Listing removed | $599,000 |
| 2024-10-08 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-04 | N/A | N/A | $318,467 | 3.12% |
| 2024-11-04 | $3379.87 | 2.29% | $308,833 | 3.22% |
| 2023-11-04 | $3304.36 | -1.40% | $299,200 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
