200 Fey RdChestertownMD21620
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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 Chestertown at 200 Fey Rd, Chestertown, MD, 21620 priced at $374,900 pairs $3,414/mo rent with $1,082/mo cash flow after a $1,835/mo payment. Total monthly income equals $3,414/mo, and annual cash flow comes to $12,987/yr on $124,279 invested. Return on cash invested is 30.36% in year one, and rental yield stands at 10.93% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 158.94% and total cumulative return in cash reaches $197,527. For financing, Ziffy Mortgage’s DSCR program evaluates $3,414/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21620, Chestertown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,256 (100%) |
| Owner Occupied HU | 3,591 (57.4%) |
| Renter Occupied HU | 1,696 (27.1%) |
| Vacant Housing Units | 969 (15.5%) |
| Median Home Value | $373,354 |
| Average Home Value | $477,344 |
Housing Distribution
Address Breakdown
Residential
5,889
Single Family
5,427
Multi-Family
462
Businesses
634
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Listed by: Erik Hoferer • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDQA2014600