198 Grandview DrThayervilleMD21550
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
Investment Highlights
Rental property for sale in Thayerville at 198 Grandview Dr, Thayerville, MD, 21550 priced at $825,000 converts $2,369/mo rent into after a $4,038/mo obligation. Total monthly income equals $2,369/mo. Return on cash invested prints 7.85% in year one, and rental yield reads 3.45% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 38.17% and total cumulative return in cash sums $103,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,369/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 2003
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21550, Oakland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,200 (100%) |
| Owner Occupied HU | 4,452 (54.3%) |
| Renter Occupied HU | 1,331 (16.2%) |
| Vacant Housing Units | 2,417 (29.5%) |
| Median Home Value | $269,200 |
| Average Home Value | $353,393 |
Housing Distribution
Address Breakdown
Residential
6,713
Single Family
6,415
Multi-Family
298
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Taylor • RE/MAX One
Mls Name: Bright MLS
Mls ID: #MDGA2010020