165 Char Nor Manor Blvd, Chestertown, MD, 21620 | $1,413/mo Cash Flow

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165 Char Nor Manor Blvd, Chestertown, MD, 21620 | $1,413/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chestertown at 165 Char Nor Manor Blvd, Chestertown, MD, 21620 with 5% annual appreciation on a $450,000 basis while $4,212/mo rent supports operations. Total monthly income totals $4,212/mo and a $2,203/mo payment preserves $1,413/mo for cash returns. Annual cash flow comes to $16,953/yr on $149,175 deployed, and return on cash invested reaches 31.27% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 11.23%. Five-year ROI measures 163.82% and total cumulative return in cash totals $244,374.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,212/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2006

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Chester River Views from Every Angle! Welcome to this stunning Colonial located on the Queen Annes County side of Chestertown, offering unmatched views of the Chester River and serene waterfront living. This spacious home features 4 large bedrooms, 2.5 bathrooms, and gorgeous hardwood floors throughout. Enjoy cozy nights by the wood-burning fireplace in the living room and enjoy entertaining in the massive kitchen, which boasts a large eat-in area and picture-perfect views of the river and backyard. The main level also includes a huge laundry room and a 2-car attached garage for convenience. Step outside to your beautiful back deck and large yard, where you can relax, entertain, and soak in the breathtaking water views that make this home truly special. If you're looking for space, charm, and waterfront serenity, this Chester River gem is it!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,256 (100%)
Owner Occupied HU	3,591 (57.4%)
Renter Occupied HU	1,696 (27.1%)
Vacant Housing Units	969 (15.5%)
Median Home Value	$373,354
Average Home Value	$477,344