18 N Main StPort DepositMD21904
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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 Port Deposit at 18 N Main St, Port Deposit, MD, 21904 priced at $335,000 converts $2,234/mo rent into $150/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,234/mo, and annual cash flow totals $1,802/yr on $111,053 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 8% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 111.62% and total cumulative return in cash sums $123,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,234/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21904, Port Deposit, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 2,243 (77.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 284 ( 9.7%) |
| Median Home Value | $357,517 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
2,704
Single Family
2,680
Multi-Family
24
Businesses
101
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Listed by: Aaron Butler • Real Estate Consultants
Mls Name: Bright MLS
Mls ID: #MDCC2017894