11915 Cove RdClear SpringMD21722
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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 Clear Spring at 11915 Cove Rd, Clear Spring, MD, 21722 projects strong ROI of 1.96%. Rental yield 1.5%. With 5% annual appreciation, the property builds $607,543 in value over five years. Equity growth combined delivers a projected five-year ROI of 6.53%, translating into $46,549 in total cumulative return on $712,476 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1975
257.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21722, Clear Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,135 (100%) |
| Owner Occupied HU | 1,645 (77.0%) |
| Renter Occupied HU | 299 (14.0%) |
| Vacant Housing Units | 191 ( 8.9%) |
| Median Home Value | $348,191 |
| Average Home Value | $366,205 |
Housing Distribution
Address Breakdown
Residential
1,981
Single Family
1,981
Multi-Family
0
Businesses
90
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Listed by: (Chris) Reeder • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDWA2030126