12529 Mummert RdClear SpringMD21722
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 Clear Spring at 12529 Mummert Rd, Clear Spring, MD, 21722 generates $2,584/mo in rent, after a $2,397/mo payment. Total monthly income is $2,584/mo. Return on cash invested sits at 16.49% in year one, and rental yield is 6.33% on a $489,750 entry. Equity gained on principal adds $3,160/yr, while 5% annual appreciation builds toward $135,309 over five years. Five-year ROI reaches 84.59% and total cumulative return in cash sums $137,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,584/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
5.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21722, Clear Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,135 (100%) |
| Owner Occupied HU | 1,645 (77.0%) |
| Renter Occupied HU | 299 (14.0%) |
| Vacant Housing Units | 191 ( 8.9%) |
| Median Home Value | $348,191 |
| Average Home Value | $366,205 |
Housing Distribution
Address Breakdown
Residential
1,981
Single Family
1,981
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David D Pool • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDWA2031146