12498 Neale Sound DrCobb IslandMD20625
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 12498 Neale Sound Dr, Cobb Island, MD, 20625 in Cobb Island worth study. Rental yield 5.95%. The 5.95% gross yield is below cash-flow benchmarks at $640,000, but 5% annual appreciation, adding $176,820 over five years, frames this as a capital growth position. Rent of $3,173/mo partially offsets the $2,878/mo payment. Ziffy Mortgage finances appreciation-play properties (1.10 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $190,779.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(808) | $450 |
City averages based on Cobb Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,173 |
| Total Monthly Debt Service | $3,726 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yeewen Chang • Evergreen Properties
Mls Name: Bright MLS
Mls ID: #MDCH2044870