161 Chesapeake AvePrince FrederickMD20678
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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
Rental property for sale in Prince Frederick at 161 Chesapeake Ave, Prince Frederick, MD, 20678 priced at $399,950 pairs $2,087/mo rent with after a $1,958/mo payment. Total monthly income equals $2,087/mo. Return on cash invested is 16.28% in year one, and rental yield stands at 6.26% on a $399,950 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,499 by year five. Five-year ROI measures 83.46% and total cumulative return in cash reaches $110,652. For financing, Ziffy Mortgage’s DSCR program evaluates $2,087/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20678, Prince Frederick, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,107 (100%) |
| Owner Occupied HU | 3,643 (71.3%) |
| Renter Occupied HU | 1,216 (23.8%) |
| Vacant Housing Units | 248 ( 4.9%) |
| Median Home Value | $482,669 |
| Average Home Value | $533,779 |
Housing Distribution
Address Breakdown
Residential
4,960
Single Family
4,419
Multi-Family
541
Businesses
796
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Listed by: Tina Marie Biggs • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDCA2024016