Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Elkton at 120 Michaels Way, Elkton, MD, 21921 generates $2,158/mo in rent and, after a $1,518/mo payment, leaves $229/mo in cash flow. Total monthly income is $2,158/mo, and annual cash flow is $2,749/yr on $102,798 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.35% on a $310,100 entry. Equity gained on principal adds $2,001/yr, while 5% annual appreciation builds toward $85,675 over five years. Five-year ROI reaches 117.27% and total cumulative return in cash sums $120,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,158/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21921, Elkton, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,232 (100%) |
| Owner Occupied HU | 12,221 (63.5%) |
| Renter Occupied HU | 5,679 (29.5%) |
| Vacant Housing Units | 1,332 ( 6.9%) |
| Median Home Value | $352,617 |
| Average Home Value | $392,461 |
Residential
17,982
Single Family
17,763
Multi-Family
219
Businesses
995
Date | Event | Price |
|---|---|---|
| 2025-10-05 | Listing removed | $309,990 |
| 2025-09-19 | Listed for sale | $309,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A
