13240 Knotts LnGalenaMD21635
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 13240 Knotts Ln, Galena, MD, 21635 in Galena is capital appreciation. Rental yield 5.53%. The 5.53% gross yield at $395,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $109,131 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.03) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $109,020.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.0% |
| Monthly Cash Flow | $(635) | $600 |
City averages based on Galena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,822 |
| Total Monthly Debt Service | $2,300 |
| DSCR Ratio | 0.79x |
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.
Manufactured
Built in 1999
4.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21635, Galena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 756 (71.1%) |
| Renter Occupied HU | 122 (11.5%) |
| Vacant Housing Units | 185 (17.4%) |
| Median Home Value | $384,028 |
| Average Home Value | $477,017 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
901
Multi-Family
0
Businesses
85
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
Manufactured
Built in 1999
4.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21635, Galena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 756 (71.1%) |
| Renter Occupied HU | 122 (11.5%) |
| Vacant Housing Units | 185 (17.4%) |
| Median Home Value | $384,028 |
| Average Home Value | $477,017 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
901
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices