206 Tournament Cir, North East, MD, 21901 | $1,202/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in North East at 206 Tournament Cir, North East, MD, 21901 offers a 11.9% rental yield on a $325,000 purchase with $3,224/mo rent. Total monthly income registers $3,224/mo, and a $1,591/mo payment leaves $1,202/mo available for distribution. Annual cash flow reaches $14,428/yr on $107,738 to close, and return on cash invested stands at 33.3% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 174.74% and total cumulative return in cash at $188,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,224/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2014

2,570 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