131 Five Iron DrNorth EastMD21901
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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 North East at 131 Five Iron Dr, North East, MD, 21901 uses $160,778 cash to close to unlock $2,033/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $3,186/mo, and a $2,374/mo payment keeps the spread at $169/mo. Purchase price stands at $485,000, and rental yield measures 7.88% with $3,186/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 109.67% and total cumulative return in cash records $176,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,186/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,213 (100%) |
| Owner Occupied HU | 5,121 (62.4%) |
| Renter Occupied HU | 2,190 (26.7%) |
| Vacant Housing Units | 902 (11.0%) |
| Median Home Value | $395,977 |
| Average Home Value | $418,006 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
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Listed by: Sarah Anderson • Maryland Real Estate Network
Mls Name: Bright MLS
Mls ID: #MDCC2018308