194 Cool Springs Rd, North East, MD, 21901 | 6.63% Rental Yield

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194 Cool Springs Rd, North East, MD, 21901 | 6.63% Rental Yield | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in North East at 194 Cool Springs Rd, North East, MD, 21901 generates $3,494/mo in rent, after a $3,093/mo payment. Total monthly income is $3,494/mo. Return on cash invested sits at 17.54% in year one, and rental yield is 6.63% on a $632,000 entry. Equity gained on principal adds $4,078/yr, while 5% annual appreciation builds toward $174,610 over five years. Five-year ROI reaches 90.15% and total cumulative return in cash sums $187,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,494/mo property income rather than buyer’s personal income.

Single Family

Built in 2022

10,548 sqft lot

$N/A/sqft

No HOA

More details about the property

From the moment you pull up, this home just feels special. This nearly new Parker Model in the sought-after Cool Springs community blends modern design with warmth and character in a way thats hard to find. Thoughtfully customized in collaboration with a professional interior designer, every detail was chosen to feel intentional, stylish, and livable. The exterior immediately sets the tone with moody board-and-batten siding, black vinyl windows, wood columns, metal roof accents, and an oversized 8-foot front door that makes a statement before you even step inside. Once you do, youll notice the 9-foot ceilings, extra recessed lighting, and a layout that flows beautifully while still offering distinct, usable spaces. Just off the entry, a charming home office sits to one sideperfect for remote work or quiet readingwhile an inviting living room on the other feels ideal for cozy evenings or hosting guests. Moving further in, the heart of the home opens up into a spacious family room with a gas fireplace, seamlessly connected to a cooks kitchen designed for real life. Youll love the upgraded appliances, gas range with vent hood, Corian countertops, large center island, and an impressive walk-in pantry. This open living and dining space is where everyday moments happenmeals, conversations, and memories. Upstairs, the primary suite is a true retreat. Its generously sized yet cozy, highlighted by elegant picture-frame molding in a rich forest green. The spa-like ensuite bath features a standalone soaking tub, a large walk-in shower, dual vanities, and a spacious walk-in closetyour own private escape at the end of the day. Three additional bedrooms are nicely sized and share a full bath, offering flexibility for guests, kids, or hobbies. The full, unfinished basement adds even more potential, with a poured concrete foundation, an egress window, and a rough-in for a three-piece bathroom. Whether you envision a future finished space, home gym, or recreation area, the groundwork is already in place. Set in a peaceful rural pocket of Cecil County, this home offers the best of both worldsquiet surroundings with easy access to everything. Youre just about an hour from both Philadelphia and Baltimore, making commuting or weekend trips a breeze. This isnt just a houseits a home that was thoughtfully designed, gently lived in, and ready for its next chapter.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21901, North East, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,213 (100%)
Owner Occupied HU	5,121 (62.4%)
Renter Occupied HU	2,190 (26.7%)
Vacant Housing Units	902 (11.0%)
Median Home Value	$395,977
Average Home Value	$418,006