11960 Flour Mill StKennedyvilleMD21645
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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 Kennedyville at 11960 Flour Mill St, Kennedyville, MD, 21645 uses $144,401 cash to close to unlock $14,986/yr annual cash flow and $1,249/mo monthly cash flow. Total monthly income runs $3,977/mo, and a $2,132/mo payment keeps the spread at $1,249/mo. Purchase price stands at $435,600, and rental yield measures 10.96% with $3,977/mo rent. Return on cash invested shows 30.29% in year one, and 5% annual appreciation builds toward $120,348 over five years. Five-year ROI reaches 158.58% and total cumulative return in cash records $228,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,977/mo property income covering a $2,132/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.28 Acres lot
$N/A/sqft
$19 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21645, Kennedyville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 569 (100%) |
| Owner Occupied HU | 273 (48.0%) |
| Renter Occupied HU | 79 (13.9%) |
| Vacant Housing Units | 217 (38.1%) |
| Median Home Value | $427,632 |
| Average Home Value | $667,335 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
24
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