16 N Walnut StRising SunMD21911
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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 Rising Sun at 16 N Walnut St, Rising Sun, MD, 21911 offers a 7.86% rental yield on a $250,000 purchase with $1,638/mo rent. Total monthly income registers $1,638/mo, and a $1,224/mo payment leaves $83/mo available for distribution. Annual cash flow reaches $993/yr on $82,875 to close, and return on cash invested stands at 21.11% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 109.32% and total cumulative return in cash at $90,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,638/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21911, Rising Sun, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,366 (100%) |
| Owner Occupied HU | 3,443 (78.9%) |
| Renter Occupied HU | 782 (17.9%) |
| Vacant Housing Units | 141 ( 3.2%) |
| Median Home Value | $403,698 |
| Average Home Value | $421,758 |
Housing Distribution
Address Breakdown
Residential
3,650
Single Family
3,534
Multi-Family
116
Businesses
253
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Listed by: Julia Neal • Next Step Realty
Mls Name: Bright MLS
Mls ID: #MDCC2018376