207 Water StSharptownMD21861
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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
Investment Highlights
Investment property for sale in Sharptown at 207 Water St, Sharptown, MD, 21861 uses $94,478 cash to close to unlock $2,116/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $1,949/mo, and a $1,395/mo payment keeps the spread at $176/mo. Purchase price stands at $285,000, and rental yield measures 8.21% with $1,949/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 114.93% and total cumulative return in cash records $108,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,949/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1910
9,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21861, Sharptown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 239 (72.0%) |
| Renter Occupied HU | 64 (19.3%) |
| Vacant Housing Units | 29 ( 8.7%) |
| Median Home Value | $229,741 |
| Average Home Value | $274,927 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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