1668 Lake Placid DrTrappeMD21673
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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
Rental property for sale in Trappe at 1668 Lake Placid Dr, Trappe, MD, 21673 generates $2,340/mo in rent, after a $2,168/mo payment. Total monthly income is $2,340/mo. Return on cash invested sits at 16.52% in year one, and rental yield is 6.34% on a $442,990 entry. Equity gained on principal adds $2,859/yr, while 5% annual appreciation builds toward $122,390 over five years. Five-year ROI reaches 84.72% and total cumulative return in cash sums $124,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21673, Trappe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,144 (65.1%) |
| Renter Occupied HU | 338 (19.2%) |
| Vacant Housing Units | 276 (15.7%) |
| Median Home Value | $480,172 |
| Average Home Value | $790,719 |
Housing Distribution
Address Breakdown
Residential
1,439
Single Family
1,439
Multi-Family
0
Businesses
65
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