208 Church StMardela SpringsMD21837
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 208 Church St, Mardela Springs, MD, 21837 in Mardela Springs. At $189,995 it earns $1,476/mo in rent and distributes $294/mo to the owner after the $854/mo payment, a consistent 9.32% yield. DSCR 1.73 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $52,492 in value; $1,750/yr in principal paydown compounds ownership stake. Total projected return: $91,069.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $294 | $300 |
City averages based on Mardela Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,476 |
| Total Monthly Debt Service | $1,106 |
| DSCR Ratio | 1.33x |
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 1906
5,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21837, Mardela Springs, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 906 (74.8%) |
| Renter Occupied HU | 182 (15.0%) |
| Vacant Housing Units | 124 (10.2%) |
| Median Home Value | $293,878 |
| Average Home Value | $357,359 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
986
Multi-Family
0
Businesses
61
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 1906
5,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21837, Mardela Springs, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 906 (74.8%) |
| Renter Occupied HU | 182 (15.0%) |
| Vacant Housing Units | 124 (10.2%) |
| Median Home Value | $293,878 |
| Average Home Value | $357,359 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
986
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #MDWC2022042