1670 Mohegan Dr UNIT BHavre De GraceMD21078
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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 Havre De Grace at 1670 Mohegan Dr UNIT B, Havre De Grace, MD, 21078 uses $107,734 cash to close to unlock $4,037/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $2,358/mo, and a $1,591/mo payment keeps the spread at $336/mo. Purchase price stands at $324,990, and rental yield measures 8.71% with $2,358/mo rent. Return on cash invested shows 23.66% in year one, and 5% annual appreciation builds toward $89,789 over five years. Five-year ROI reaches 123% and total cumulative return in cash records $132,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,358/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21078, Havre De Grace, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,099 (100%) |
| Owner Occupied HU | 6,294 (69.2%) |
| Renter Occupied HU | 2,219 (24.4%) |
| Vacant Housing Units | 586 ( 6.4%) |
| Median Home Value | $445,721 |
| Average Home Value | $488,694 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,082
Multi-Family
700
Businesses
591
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Listed by: Craig Strobel • EXIT Preferred Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDHR2050188