12529 Mummert RdClear SpringMD21722
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 12529 Mummert Rd, Clear Spring, MD, 21722 in Clear Spring at $489,750. Rental yield 6.33%. The 6.33% yield and 1.17 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $135,309 by year five, and $4,511/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $156,093.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.5% |
| Monthly Cash Flow | $(462) | $300 |
City averages based on Clear Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,584 |
| Total Monthly Debt Service | $2,851 |
| DSCR Ratio | 0.91x |
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 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
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 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