207 Broad StMiddletownMD21769
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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 Middletown at 207 Broad St, Middletown, MD, 21769 offers a 8.19% rental yield on a $480,000 purchase with $3,276/mo rent. Total monthly income registers $3,276/mo, and a $2,349/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,492/yr on $159,120 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 114.63% and total cumulative return in cash at $182,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,276/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21769, Middletown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,801 (84.7%) |
| Renter Occupied HU | 524 (11.7%) |
| Vacant Housing Units | 161 ( 3.6%) |
| Median Home Value | $591,569 |
| Average Home Value | $646,696 |
Housing Distribution
Address Breakdown
Residential
4,368
Single Family
4,284
Multi-Family
84
Businesses
246
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Listed by: Tracy Mentzer • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDFR2076088