1598 Bowis DrPoint Of RocksMD21777
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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 Point Of Rocks at 1598 Bowis Dr, Point Of Rocks, MD, 21777 earns $157/mo cash flow from $1,650/mo rent with a $1,175/mo payment. Total monthly income totals $1,650/mo, and annual cash flow totals $1,884/yr on $79,560 capital. ROI tracks 22.28% on current figures, and rental yield reads 8.25% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 115.57% and total cumulative return in cash sums $91,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,650/mo property income instead of your personal income.
Single Family
Built in 1968
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21777, Point Of Rocks, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 591 (91.9%) |
| Renter Occupied HU | 39 ( 6.1%) |
| Vacant Housing Units | 13 ( 2.0%) |
| Median Home Value | $488,854 |
| Average Home Value | $519,691 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
40
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Listed by: Steven Rawlings • Quad State Realty Inc
Mls Name: Bright MLS
Mls ID: #MDFR2066706