148 Bay Cir, Earleville, MD, 21919 | 6.79% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

148 Bay Cir, Earleville, MD, 21919 | 6.79% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
5576 sft

103 Adela Way, Chestertown, MD, 21620

4 Bed
4 Bath
2628 sft

6900 Harewood Park Dr, Baltimore, MD, 21220

5 Bed
4 Bath
2302 sft

206 Silver Heel Dr, Chestertown, MD, 21620

3 Bed
3 Bath
2004 sft

7307 Tred Avon Rd, Middle River, MD, 21220

Nearby investment properties with comparable prices

3 Bed
4 Bath
3300 sft

101 Landing Ln #39, Chestertown, MD, 21620

- Bed
6 Bath
4096 sft

20806 Bayside Ave, Rock Hall, MD, 21661

4 Bed
4 Bath
2008 sft

206 S Water St, Chestertown, MD, 21620

3 Bed
3 Bath
2280 sft

7729 Country Club Ln, Chestertown, MD, 21620

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Earleville at 148 Bay Cir, Earleville, MD, 21919 priced at $625,000 converts $3,536/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,536/mo. Return on cash invested prints 18.01% in year one, and rental yield reads 6.79% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 92.67% and total cumulative return in cash sums $190,549. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,536/mo property income covering a $3,059/mo payment, not borrower’s personal income.

Single Family

Built in 1993

0.72 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to the desirable waterfront Bay View Estates community on the Chesapeake Bay that is known for the stunning sunsets. 148 Bay Circle home offers two levels. The main level, built at an elevation to ensure a water view and sunset pleasure, offers an open floor plan with a fireplace. This level includes the primary bedroom that accesses onto a rear deck that views a wooded parcel. The entire house front on this elevated level is full of glass, which offers access onto the full-length house front deck. There is also a screened porch on the house end that connects to the elevated level deck. The lower level, which is above ground, offers two bedrooms and a bonus room with another fireplace that could be used for whatever the need may be...perhaps an in-law suite. The exclusive community amenities include a boat ramp, community pier/dock, common area and small beach. The house propane heat, air conditioning unit and duct work was newly installed in 2022 and the roof is less than ten years old. The owned solar panels offer great energy efficiency. The first level bonus room could serve as fourth bedroom.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21919, Earleville, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,267 (100%)
Owner Occupied HU	1,172 (51.7%)
Renter Occupied HU	173 ( 7.6%)
Vacant Housing Units	922 (40.7%)
Median Home Value	$474,000
Average Home Value	$602,342