1437 Strahorn RdHanoverMD21076
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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
Rental property for sale in Hanover at 1437 Strahorn Rd, Hanover, MD, 21076 generates $3,418/mo in rent and, after a $2,276/mo payment, leaves $526/mo in cash flow. Total monthly income is $3,418/mo, and annual cash flow is $6,310/yr on $154,148 invested. Return on cash invested sits at 24% in year one, and rental yield is 8.82% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash sums $192,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,418/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
1,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,788 (100%) |
| Owner Occupied HU | 6,672 (61.8%) |
| Renter Occupied HU | 3,466 (32.1%) |
| Vacant Housing Units | 650 ( 6.0%) |
| Median Home Value | $519,950 |
| Average Home Value | $540,082 |
Housing Distribution
Address Breakdown
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
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