1219 Cove DrChurchtonMD20733
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1219 Cove Dr, Churchton, MD, 20733 in Churchton. Priced at $175,000, it generates $2,344/mo in gross rent and $1,255/mo in net monthly cash flow, a 16.07% yield that comfortably supports the 2.98 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $15,062. Five-year appreciation: $48,349. Equity from principal paydown: $1,612/yr. Total projected cumulative return: $147,225.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.1% | 6.0% |
| Monthly Cash Flow | $1,255 | $700 |
City averages based on Churchton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,344 |
| Total Monthly Debt Service | $1,019 |
| DSCR Ratio | 2.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
8,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20733, Churchton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,313 (100%) |
| Owner Occupied HU | 1,089 (82.9%) |
| Renter Occupied HU | 128 ( 9.7%) |
| Vacant Housing Units | 96 ( 7.3%) |
| Median Home Value | $461,429 |
| Average Home Value | $542,029 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
8,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20733, Churchton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,313 (100%) |
| Owner Occupied HU | 1,089 (82.9%) |
| Renter Occupied HU | 128 ( 9.7%) |
| Vacant Housing Units | 96 ( 7.3%) |
| Median Home Value | $461,429 |
| Average Home Value | $542,029 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices