16502 S Conda WayRawlingsMD21557
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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
Investment Highlights
Investment property for sale in Rawlings at 16502 S Conda Way, Rawlings, MD, 21557 listed at $179,900 pairs $1,792/mo rent with a $881/mo payment to leave $673/mo cash flow. Total monthly income runs $1,792/mo, and annual cash flow reaches $8,072/yr on $59,637 cash to close. Return on cash invested measures 33.44% in year one, and rental yield registers 11.95% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 175.5% and total cumulative return in cash totals $104,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,792/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.46 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
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