1438 Strahorn Rd, Hanover, MD, 21076 | $500/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1438 Strahorn Rd, Hanover, MD, 21076 | $500/mo Cash Flow | Ziffy

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 Hanover at 1438 Strahorn Rd, Hanover, MD, 21076 uses $152,487 cash to close to unlock $5,994/yr annual cash flow and $500/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,251/mo payment keeps the spread at $500/mo. Purchase price stands at $459,990, and rental yield measures 8.77% with $3,360/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $127,087 over five years. Five-year ROI reaches 123.97% and total cumulative return in cash records $189,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Townhouse

Built in 2019

1,040 sqft lot

$N/A/sqft

No HOA

More details about the property

Meticulously maintained 3 story townhome in private tucked away community in Hanover. Still shows like new! Open floor concept on main level. Modern kitchen offers good size island, plenty of cabinets, beautiful granite countertops, backsplash, SS appliances, breakfast bar. It is open to dedicated dining space on one side and spacious living room on the other side. Pantry and powder room on main level. Glass sliding door leads to outdoor deck that is perfect for outdoor gatherings, cooking out, enjoying nice weather. Primary suite features spa like bathroom with dual vanity, expanded step in shower with the bench and also spacious closet with custom built ins. Second suite on upper level offers good size bedroom, closet and attached full bath. Laundry room and linen closet. Finished lower level is perfect for additional living space, gym, office, play room, hobby room etc. There is also large closet for additional storage and 1 car garage. This home is located just minutes from Arundel Mills attractions, short drive to Fort Meade, NSA, National Business Park. Centrally located between Baltimore and Washington DC. Close to major hwys 295, 100, 95, 32. EV Charger

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