2027 William AveEssexMD21221
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2027 William Ave, Essex, MD, 21221 in Essex speaks for itself: 28.17% gross on a $166,267 price, generating $3,904/mo in rent and $2,870/mo in net income after the $748/mo debt service. DSCR 5.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $34,434 stacks alongside $45,937 in projected five-year appreciation and $1,531/yr in principal reduction. Projected total cumulative return: $247,738.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 28.2% | 6.5% |
| Monthly Cash Flow | $2,870 | $800 |
City averages based on Essex market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,904 |
| Total Monthly Debt Service | $968 |
| DSCR Ratio | 4.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in 1934
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21221, Essex, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,932 (100%) |
| Owner Occupied HU | 10,323 (54.5%) |
| Renter Occupied HU | 7,425 (39.2%) |
| Vacant Housing Units | 1,184 ( 6.3%) |
| Median Home Value | $342,296 |
| Average Home Value | $396,170 |
Housing Distribution
Address Breakdown
Residential
18,374
Single Family
13,680
Multi-Family
4,694
Businesses
868
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
Home Type Unknown
Built in 1934
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21221, Essex, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,932 (100%) |
| Owner Occupied HU | 10,323 (54.5%) |
| Renter Occupied HU | 7,425 (39.2%) |
| Vacant Housing Units | 1,184 ( 6.3%) |
| Median Home Value | $342,296 |
| Average Home Value | $396,170 |
Housing Distribution
Address Breakdown
Residential
18,374
Single Family
13,680
Multi-Family
4,694
Businesses
868
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices