13100 Coastal Hwy #111002Ocean CityMD21842
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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
Total monthly income runs $2,207/mo, and a $2,457/mo payment. Purchase price stands at $502,000, and rental yield measures 5.28% with $2,207/mo rent. Return on cash invested shows 13.41% in year one, and 5% annual appreciation builds toward $138,693 over five years. Five-year ROI reaches 68% and total cumulative return in cash records $112,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $2,457/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
0 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
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A