12498 Neale Sound DrCobb IslandMD20625
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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 Cobb Island at 12498 Neale Sound Dr, Cobb Island, MD, 20625 listed at $640,000 pairs $3,173/mo rent with a $3,132/mo payment. Total monthly income runs $3,173/mo. Return on cash invested measures 15.46% in year one, and rental yield registers 5.95% at a $640,000 basis. Equity gained on principal adds $4,130/yr, and annual property appreciation at 5% supports $176,820 by year five. Five-year ROI tracks 78.99% and total cumulative return in cash totals $166,314. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,173/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1931
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20625, Cobb Island, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 310 (58.5%) |
| Renter Occupied HU | 50 ( 9.4%) |
| Vacant Housing Units | 170 (32.1%) |
| Median Home Value | $431,250 |
| Average Home Value | $427,903 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
0
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Listed by: Yeewen Chang • Evergreen Properties
Mls Name: Bright MLS
Mls ID: #MDCH2044870