1906 Hanover PikeHampsteadMD21074
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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 Hampstead at 1906 Hanover Pike, Hampstead, MD, 21074 listed at $125,000 pairs $988/mo rent with a $612/mo payment to leave $210/mo cash flow. Total monthly income runs $988/mo, and annual cash flow reaches $2,525/yr on $41,438 cash to close. Return on cash invested measures 26% in year one, and rental yield registers 9.48% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 135.63% and total cumulative return in cash totals $56,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $988/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21074, Hampstead, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,200 (100%) |
| Owner Occupied HU | 5,069 (81.8%) |
| Renter Occupied HU | 898 (14.5%) |
| Vacant Housing Units | 233 ( 3.8%) |
| Median Home Value | $400,730 |
| Average Home Value | $470,781 |
Housing Distribution
Address Breakdown
Residential
6,016
Single Family
5,795
Multi-Family
221
Businesses
359
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