124 Parkland RdGreensboroMD21639
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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
Investment Highlights
Rental property for sale in Greensboro at 124 Parkland Rd, Greensboro, MD, 21639 priced at $267,490 pairs $2,100/mo rent with $437/mo cash flow after a $1,309/mo payment. Total monthly income equals $2,100/mo, and annual cash flow comes to $5,239/yr on $88,673 invested. Return on cash invested is 25.82% in year one, and rental yield stands at 9.42% on a $267,490 basis. Equity gained on principal adds $1,726/yr, and 5% annual appreciation accumulates to $73,903 by year five. Five-year ROI measures 134.59% and total cumulative return in cash reaches $119,345. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $1,309/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21639, Greensboro, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,846 (100%) |
| Owner Occupied HU | 1,282 (69.4%) |
| Renter Occupied HU | 416 (22.5%) |
| Vacant Housing Units | 148 ( 8.0%) |
| Median Home Value | $282,000 |
| Average Home Value | $354,358 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,721
Multi-Family
20
Businesses
87
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Listed by: Justin K Wood • D.R. Horton Realty of Virginia, LLC
Mls Name: Bright MLS
Mls ID: #MDCM2006110