17 Bohemia AveChesapeake CityMD21915
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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 Chesapeake City at 17 Bohemia Ave, Chesapeake City, MD, 21915 earns from $2,053/mo rent with a $3,181/mo payment. Total monthly income totals $2,053/mo. ROI tracks 8.9% on current figures, and rental yield reads 3.79% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 43.79% and total cumulative return in cash sums $93,630. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,053/mo property income instead of your personal income.
Single Family
Built in 1831
2,500 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 21915, Chesapeake City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,660 (100%) |
| Owner Occupied HU | 1,157 (69.7%) |
| Renter Occupied HU | 203 (12.2%) |
| Vacant Housing Units | 300 (18.1%) |
| Median Home Value | $430,420 |
| Average Home Value | $451,891 |
Housing Distribution
Address Breakdown
Residential
1,442
Single Family
1,412
Multi-Family
30
Businesses
132
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-24 | Price change | $649,900 |
| 2024-05-31 | Listed for sale | $699,900 |
| 2021-05-14 | Sold | $410,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $6374.15 | 6.95% | $392,400 | 7.61% |
| 2023-10-18 | $5960.12 | 6.80% | $364,667 | -7.07% |
| 2022-10-18 | $5580.62 | 10.02% | $392,400 | 24.45% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1831
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 2,320 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Propane - Owned
- Cooling: Central A/C, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Off Street
Location
- City: Chesapeake City
- State: MD
- Subdivision: None
- Lot Size: 2,500 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jason Zang • RE/MAX Chesapeake
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDCC2013040
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