206 Virginia AveGalenaMD21635
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $325,000, 206 Virginia Ave, Galena, MD, 21635 in Galena generates $2,183/mo in rent (8.06% yield) but nets only $161/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.49) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $89,792. Total projected return: $133,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.0% |
| Monthly Cash Flow | $161 | $600 |
City averages based on Galena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,183 |
| Total Monthly Debt Service | $1,892 |
| DSCR Ratio | 1.15x |
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.
Single Family
Built in 1900
9,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21635, Galena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 756 (71.1%) |
| Renter Occupied HU | 122 (11.5%) |
| Vacant Housing Units | 185 (17.4%) |
| Median Home Value | $384,028 |
| Average Home Value | $477,017 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
901
Multi-Family
0
Businesses
85
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
Single Family
Built in 1900
9,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21635, Galena, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 756 (71.1%) |
| Renter Occupied HU | 122 (11.5%) |
| Vacant Housing Units | 185 (17.4%) |
| Median Home Value | $384,028 |
| Average Home Value | $477,017 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
901
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices