1371 Schooner Loop #1371, Solomons, MD, 20688 | $879/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Solomons at 1371 Schooner Loop #1371, Solomons, MD, 20688 earns $879/mo cash flow from $3,179/mo rent with a $1,810/mo payment. Total monthly income totals $3,179/mo, and annual cash flow totals $10,547/yr on $122,622 capital. ROI tracks 28.51% on current figures, and rental yield reads 10.31% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 148.99% and total cumulative return in cash sums $182,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,179/mo property income instead of your personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 20688, Solomons, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,360 (100%)
Owner Occupied HU	766 (56.3%)
Renter Occupied HU	346 (25.4%)
Vacant Housing Units	248 (18.2%)
Median Home Value	$516,432
Average Home Value	$611,540