207 Spruce StWesternportMD21562
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 207 Spruce St, Westernport, MD, 21562 in Westernport. At $130,000 it earns $1,289/mo in rent and distributes $480/mo to the owner after the $585/mo payment, a consistent 11.9% yield. DSCR 2.20 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $35,917 in value; $1,197/yr in principal paydown compounds ownership stake. Total projected return: $80,213.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.0% |
| Monthly Cash Flow | $480 | $350 |
City averages based on Westernport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,289 |
| Total Monthly Debt Service | $757 |
| DSCR Ratio | 1.70x |
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 1928
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21562, Westernport, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 869 (63.9%) |
| Renter Occupied HU | 260 (19.1%) |
| Vacant Housing Units | 232 (17.0%) |
| Median Home Value | $108,269 |
| Average Home Value | $234,272 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,135
Multi-Family
70
Businesses
75
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 1928
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21562, Westernport, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 869 (63.9%) |
| Renter Occupied HU | 260 (19.1%) |
| Vacant Housing Units | 232 (17.0%) |
| Median Home Value | $108,269 |
| Average Home Value | $234,272 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,135
Multi-Family
70
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDAL2014092