12528 Nature Park DrOcean CityMD21842
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
Investment Highlights
Rental property for sale in Ocean City at 12528 Nature Park Dr, Ocean City, MD, 21842 generates $4,596/mo in rent and, after a $3,548/mo payment, leaves $88/mo in cash flow. Total monthly income is $4,596/mo, and annual cash flow is $1,050/yr on $238,492 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 7.61% on a $724,900 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,277 over five years. Five-year ROI reaches 106.02% and total cumulative return in cash sums $252,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,596/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
10,489 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21842, Ocean City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,930 (100%) |
| Owner Occupied HU | 4,053 (12.3%) |
| Renter Occupied HU | 1,593 ( 4.8%) |
| Vacant Housing Units | 27,284 (82.9%) |
| Median Home Value | $504,097 |
| Average Home Value | $573,881 |
Housing Distribution
Address Breakdown
Residential
7,594
Single Family
6,265
Multi-Family
1,329
Businesses
1,500
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Reither • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDWO2034334