202 Seneca Ave #38Havre De GraceMD21078
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
Investment property for sale in Havre De Grace at 202 Seneca Ave #38, Havre De Grace, MD, 21078 earns $13/mo cash flow from $3,060/mo rent with a $2,398/mo payment. Total monthly income totals $3,060/mo, and annual cash flow totals $153/yr on $162,435 capital. ROI tracks 20% on current figures, and rental yield reads 7.49% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 103.38% and total cumulative return in cash sums $167,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,060/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21078, Havre De Grace, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,099 (100%) |
| Owner Occupied HU | 6,294 (69.2%) |
| Renter Occupied HU | 2,219 (24.4%) |
| Vacant Housing Units | 586 ( 6.4%) |
| Median Home Value | $445,721 |
| Average Home Value | $488,694 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
8,082
Multi-Family
700
Businesses
591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Hedemann • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #MDHR2048058