16412 Spielman RdWilliamsportMD21795
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 16412 Spielman Rd, Williamsport, MD, 21795 in Williamsport at $325,000 earns $2,189/mo in rent and nets $167/mo after the $1,461/mo payment, a 8.08% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $89,792 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,993/yr in principal paydown, total projected return reaches $134,130.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.2% |
| Monthly Cash Flow | $167 | $120 |
City averages based on Williamsport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,189 |
| Total Monthly Debt Service | $1,892 |
| DSCR Ratio | 1.16x |
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 2005
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21795, Williamsport, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,588 (100%) |
| Owner Occupied HU | 2,824 (61.6%) |
| Renter Occupied HU | 1,341 (29.2%) |
| Vacant Housing Units | 423 ( 9.2%) |
| Median Home Value | $331,405 |
| Average Home Value | $360,760 |
Housing Distribution
Address Breakdown
Residential
4,034
Single Family
3,348
Multi-Family
686
Businesses
332
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 2005
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21795, Williamsport, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,588 (100%) |
| Owner Occupied HU | 2,824 (61.6%) |
| Renter Occupied HU | 1,341 (29.2%) |
| Vacant Housing Units | 423 ( 9.2%) |
| Median Home Value | $331,405 |
| Average Home Value | $360,760 |
Housing Distribution
Address Breakdown
Residential
4,034
Single Family
3,348
Multi-Family
686
Businesses
332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Garner • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDWA2030572