14009 Woodmont RdHancockMD21750
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
Investment Highlights
Investment property for sale in Hancock at 14009 Woodmont Rd, Hancock, MD, 21750 listed at $199,900 pairs $1,385/mo rent with a $978/mo payment to leave $142/mo cash flow. Total monthly income runs $1,385/mo, and annual cash flow reaches $1,706/yr on $66,267 cash to close. Return on cash invested measures 22.48% in year one, and rental yield registers 8.31% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 116.75% and total cumulative return in cash totals $77,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,385/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21750, Hancock, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,773 (100%) |
| Owner Occupied HU | 1,092 (61.6%) |
| Renter Occupied HU | 496 (28.0%) |
| Vacant Housing Units | 185 (10.4%) |
| Median Home Value | $293,275 |
| Average Home Value | $318,807 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,611
Multi-Family
83
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices