1238 Monkton RdMonktonMD21111
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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 Monkton at 1238 Monkton Rd, Monkton, MD, 21111 listed at $599,900 pairs $3,526/mo rent with a $2,936/mo payment. Total monthly income runs $3,526/mo. Return on cash invested measures 18.81% in year one, and rental yield registers 7.05% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 96.99% and total cumulative return in cash totals $191,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,526/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21111, Monkton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,955 (100%) |
| Owner Occupied HU | 1,710 (87.5%) |
| Renter Occupied HU | 168 ( 8.6%) |
| Vacant Housing Units | 77 ( 3.9%) |
| Median Home Value | $666,554 |
| Average Home Value | $718,474 |
Housing Distribution
Address Breakdown
Residential
1,903
Single Family
1,903
Multi-Family
0
Businesses
167
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