194 Cool Springs RdNorth EastMD21901
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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 North East at 194 Cool Springs Rd, North East, MD, 21901 generates $4,271/mo in rent and, after a $3,093/mo payment, leaves $341/mo in cash flow. Total monthly income is $4,271/mo, and annual cash flow is $4,087/yr on $207,928 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 8.11% 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 114.2% and total cumulative return in cash sums $237,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,271/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
10,548 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
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Listed by: Amber Durand • Patterson-Schwartz Real Estate
Mls Name: Bright MLS
Mls ID: #MDCC2019924