14 Hickory Way, Ocean Pines, MD, 21811 | $617/mo Cash Flow

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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

Rental property for sale in Ocean Pines at 14 Hickory Way, Ocean Pines, MD, 21811 offers $2,794/mo rent that, after a $1,713/mo payment, leaves $617/mo cash flow. Total monthly income is $2,794/mo, and annual cash flow is $7,409/yr on $115,992 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 9.58% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 137.16% and total cumulative return in cash reaches $159,090. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,794/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1993

9,000 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21811, Berlin, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,557 (100%)
Owner Occupied HU	8,949 (54.0%)
Renter Occupied HU	2,329 (14.1%)
Vacant Housing Units	5,279 (31.9%)
Median Home Value	$402,871
Average Home Value	$482,648