163 Mitchell DrOaklandMD21550
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 163 Mitchell Dr, Oakland, MD, 21550 in Oakland is narrow, $181/mo net on $2,134/mo rent after the $1,412/mo debt service, but the property operates at break-even-plus, not a loss. At $314,000 with a 8.15% yield, the long-run equity case via 5% appreciation ($86,752 over five years) and $2,892/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $130,757.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $181 | $750 |
City averages based on Oakland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,134 |
| Total Monthly Debt Service | $1,828 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21550, Oakland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,200 (100%) |
| Owner Occupied HU | 4,452 (54.3%) |
| Renter Occupied HU | 1,331 (16.2%) |
| Vacant Housing Units | 2,417 (29.5%) |
| Median Home Value | $269,200 |
| Average Home Value | $353,393 |
Housing Distribution
Address Breakdown
Residential
6,713
Single Family
6,415
Multi-Family
298
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1975
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21550, Oakland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,200 (100%) |
| Owner Occupied HU | 4,452 (54.3%) |
| Renter Occupied HU | 1,331 (16.2%) |
| Vacant Housing Units | 2,417 (29.5%) |
| Median Home Value | $269,200 |
| Average Home Value | $353,393 |
Housing Distribution
Address Breakdown
Residential
6,713
Single Family
6,415
Multi-Family
298
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices