16314 Conda WayRawlingsMD21557
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
Investment Highlights
Investment property for sale in Rawlings at 16314 Conda Way, Rawlings, MD, 21557 uses $67,958 cash to close to unlock $5,584/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $1,003/mo payment keeps the spread at $465/mo. Purchase price stands at $205,000, and rental yield measures 10.19% with $1,740/mo rent. Return on cash invested shows 28.13% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 146.99% and total cumulative return in cash records $99,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21557, Rawlings, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 695 (78.4%) |
| Renter Occupied HU | 92 (10.4%) |
| Vacant Housing Units | 99 (11.2%) |
| Median Home Value | $154,526 |
| Average Home Value | $198,705 |
Housing Distribution
Address Breakdown
Residential
694
Single Family
694
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices