124 Char Nor Manor Blvd, Chestertown, MD, 21620 | $197/mo Cash Flow

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124 Char Nor Manor Blvd, Chestertown, MD, 21620 | $197/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chestertown at 124 Char Nor Manor Blvd, Chestertown, MD, 21620 listed at $245,000 pairs $1,721/mo rent with a $1,199/mo payment to leave $197/mo cash flow. Total monthly income runs $1,721/mo, and annual cash flow reaches $2,369/yr on $81,218 cash to close. Return on cash invested measures 22.83% in year one, and rental yield registers 8.43% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 118.56% and total cumulative return in cash totals $96,288. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,721/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1967

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 124 Char Nor Manor Blvd, a charming home tucked away on a quiet street in Chestertown. This residence offers the perfect balance of comfort, convenience, and lifestyle, all within the highly sought-after Queen Annes County school district. Step inside to find a warm and inviting space with high ceilings and skylights flooded with tons of natural lighting. Continue into the living room where a cozy wood stove becomes the heart of the home during cooler months. A few upgrades worth mentioning- Freshly Painted Interior & Shutters, Restored Back Deck & Front Stairwell. Outside, the fully fenced backyard provides plenty of space for pets, play, or gardening, while offering peace of mind and privacy. Youll love spending evenings on the back deck, enjoying the quiet neighborhood setting. Located in a desirable water-oriented community, residents enjoy the natural beauty of the Chester River just across the street! If youve been searching for a home that combines small-town charm, a strong school district, and water-inspired living, look no further, 124 Char Nor Manor Blvd is ready to welcome you home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,256 (100%)
Owner Occupied HU	3,591 (57.4%)
Renter Occupied HU	1,696 (27.1%)
Vacant Housing Units	969 (15.5%)
Median Home Value	$373,354
Average Home Value	$477,344