1735 Canal Run DrPoint Of RocksMD21777
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1735 Canal Run Dr, Point Of Rocks, MD, 21777 in Point Of Rocks is priced for appreciation, not yield. Rental yield 5.8%. At $649,900 with a 5.8% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $179,555 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.08) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $188,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(981) | $350 |
City averages based on Point Of Rocks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,142 |
| Total Monthly Debt Service | $3,783 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
6,572 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21777, Point Of Rocks, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 591 (91.9%) |
| Renter Occupied HU | 39 ( 6.1%) |
| Vacant Housing Units | 13 ( 2.0%) |
| Median Home Value | $488,854 |
| Average Home Value | $519,691 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1999
6,572 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21777, Point Of Rocks, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 591 (91.9%) |
| Renter Occupied HU | 39 ( 6.1%) |
| Vacant Housing Units | 13 ( 2.0%) |
| Median Home Value | $488,854 |
| Average Home Value | $519,691 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
626
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDFR2077226