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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hanover at 1640 Aster Ln, Hanover, MD, 21076 priced at $535,000 converts $3,992/mo rent into $664/mo cash flow after a $2,619/mo obligation. Total monthly income equals $3,992/mo, and annual cash flow totals $7,969/yr on $176,015 invested. Return on cash invested prints 24.59% in year one, and rental yield reads 8.95% against a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,811 by year five. Five-year ROI reaches 127.96% and total cumulative return in cash sums $225,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,992/mo property income covering a $2,619/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21076, Hanover, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,788 (100%) |
| Owner Occupied HU | 6,672 (61.8%) |
| Renter Occupied HU | 3,466 (32.1%) |
| Vacant Housing Units | 650 ( 6.0%) |
| Median Home Value | $519,950 |
| Average Home Value | $540,082 |
Residential
10,958
Single Family
8,300
Multi-Family
2,658
Businesses
1,127
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Sold | $535,000 |
| 2024-10-18 | Listed for sale | $549,900 |
| 2023-07-03 | Sold | $535,298 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $4749.02 | 463.82% | $433,700 | 462.28% |
| 2023-11-01 | $842.29 | 58.98% | $77,133 | 52.14% |
| 2022-11-01 | $529.81 | 3.54% | $50,700 | 3.54% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
