1313 Lewis LnHavre De GraceMD21078
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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 Havre De Grace at 1313 Lewis Ln, Havre De Grace, MD, 21078 uses $99,417 cash to close to unlock $9,716/yr annual cash flow and $810/mo monthly cash flow. Total monthly income runs $2,675/mo, and a $1,468/mo payment keeps the spread at $810/mo. Purchase price stands at $299,900, and rental yield measures 10.7% with $2,675/mo rent. Return on cash invested shows 29.68% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 155.31% and total cumulative return in cash records $154,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,675/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21078, Havre De Grace, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,099 (100%) |
| Owner Occupied HU | 6,294 (69.2%) |
| Renter Occupied HU | 2,219 (24.4%) |
| Vacant Housing Units | 586 ( 6.4%) |
| Median Home Value | $445,721 |
| Average Home Value | $488,694 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,082
Multi-Family
700
Businesses
591
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Listed by: Peggy Fancher • ExecuHome Realty
Mls Name: Bright MLS
Mls ID: #MDHR2046048