1520 Chessie CtMount AiryMD21771
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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
Investment property for sale in Mount Airy at 1520 Chessie Ct, Mount Airy, MD, 21771 uses $152,457 cash to close to unlock $5,396/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $3,310/mo, and a $2,251/mo payment keeps the spread at $450/mo. Purchase price stands at $459,900, and rental yield measures 8.64% with $3,310/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 121.86% and total cumulative return in cash records $185,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,310/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21771, Mount Airy, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,026 (100%) |
| Owner Occupied HU | 9,862 (89.4%) |
| Renter Occupied HU | 893 ( 8.1%) |
| Vacant Housing Units | 271 ( 2.5%) |
| Median Home Value | $598,074 |
| Average Home Value | $618,694 |
Housing Distribution
Address Breakdown
Residential
11,033
Single Family
10,927
Multi-Family
106
Businesses
731
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Listed by: Maureen Nichols • RE/MAX Realty Plus
Mls Name: Bright MLS
Mls ID: #MDCR2031246